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bling-bling
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June 25, 2018, 08:40:20 AM |
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Having a lot of coins in your stash is ideal. This would probably increase your chances for profit. But the question is, is it practical? It doesn't mean if we have a big portfolio that we are assured of huge profit. It still greatly depends on the kind of coins we are holding. Even if we only have a few coins in hand but with great profit potential, that is good enough.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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nicko122
Jr. Member
 Offline
Activity: 462
Merit: 1
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June 25, 2018, 08:45:51 AM |
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Now a lot of good coins, in which you can invest money. The number of such coins depends on the desire and money that are invested. So everyone decides for himself how many coins he wants to cover.
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barcelona 94
Newbie
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Activity: 113
Merit: 0
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June 25, 2018, 08:46:45 AM |
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It's ok to have manIt's ok to have many altcoin but it is better to have many different tokens so that you can earn different tokens to there different pricey altcoin but it is better to have many different tokens so that you can earn different tokens to there different price
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bajingluncat
Jr. Member
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Activity: 406
Merit: 2
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June 25, 2018, 08:54:23 AM |
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I think more will be better, in terms of opportunities to gain even more even though the required capital will surely be much more, although many coins are less valuable and its value still depends on the price of btc I am sure if we have a lot of it is not disadvantage, the risk is sure to exist but I am sure it can be overcome, the alternative coin is also very beneficial at least for an income alternative when the btc price drops down at least for short-term investments although there is no guarantee we will surely benefit fully with altcoin transactions
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danyakotletkin2018
Newbie
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Activity: 72
Merit: 0
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June 25, 2018, 08:56:29 AM |
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Everything develops faster if there is competition. It is better to have a choice than if there is only one coin left and will run it all.
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keeee
Sr. Member
Offline
Activity: 574
Merit: 267
" Coindragon.com 30% Cash Back "
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June 25, 2018, 08:58:42 AM |
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I know that there are many kinds of alternative coins existing today, but is it better to have that many coins instead of having just a few? What are the benefits and harm in having that many alternative coins?
If you really believe to a specific coins you may choose few. But its better to hold more as long as you can monitor those coin or you can mange it, keep that in mind that tou may choose a coin that has a big potential to pump. Make your own research about the coins before investing. Yes, it is better to hold many coins especially those coins which are profitable and have value. Much better if you can monitor them so that you wont lose your money. If you cant, you can focus on maybe one or two coins like bitcoin so that you will know when you can buy and sell it to earn profit from it. |
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Pinkris128
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June 25, 2018, 09:01:42 AM |
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it seems better you have some altcoin but altcoin which has a very good product and very useful for the people so it can give you benefit.
Yes be wise on choosing what coin to hold, because some coins are worthless. If you can buy as many altcoin as you can and you think that you can manage it, then it is much better. But choose those coin which is very profitable and worth it to have it. The more you have altcoin the more you have opportunities to earn more especially when they are pumping but on the other side it ia more your loss as well when it dump. |
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Yatsan
Legendary
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Activity: 2394
Merit: 1231
Leading Crypto Sports Betting & Casino Platform
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June 25, 2018, 09:15:53 AM |
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I know that there are many kinds of alternative coins existing today, but is it better to have that many coins instead of having just a few? What are the benefits and harm in having that many alternative coins?
If you really believe to a specific coins you may choose few. But its better to hold more as long as you can monitor those coin or you can mange it, keep that in mind that tou may choose a coin that has a big potential to pump. Make your own research about the coins before investing. For me, I think having less altcoins available will do better than having too many altcoins in the market. This will ensure that the industry is not saturated and therefore it will not be stripped off of value. Having less yet strong crypyocurrencies is better than having many coins that are only good for a year or less. And having less altcoins in the market means more profits for the investors. |
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AlehandroTheGreat
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June 25, 2018, 09:27:57 AM |
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Better to have all the coins instead few  u will never loose, if u will have them all  |
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demonz666
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June 25, 2018, 09:31:17 AM |
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I know that there are many kinds of alternative coins existing today, but is it better to have that many coins instead of having just a few? What are the benefits and harm in having that many alternative coins?
if i better have some two or three altcoins. not too much if we hold too many coins then we will lose when the coins we hold do not sell in the market. it's better to hold some coins that already have a big market and community. such as ethereum, litecoin and ripple. |
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uchiikina14
Member
Offline
Activity: 308
Merit: 10
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June 25, 2018, 09:45:50 AM |
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I know that there are many kinds of alternative coins existing today, but is it better to have that many coins instead of having just a few? What are the benefits and harm in having that many alternative coins?
For me it will depend on you, on how many coins you want to hodl. But for me it is better to hodl a 1 to 3 coins only so you can manage the coins that you have then if you have sell the coins that you have it is the time you can add more coins. But do not over buy altcoins if you cannot manage the coins that you have. If you have too many altcoin you will lose some because you cannot manage the coins that you have. It is okay to have many coins if you can manage to hodl many coins. Me I have many coins because I join some social media campaign and I need to earn more for my investment so that if I am not earning form my signature campaign I can still earn from trading my coins from my social media campaign. |
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nichoslalble
Newbie
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Activity: 70
Merit: 0
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June 25, 2018, 02:12:15 PM |
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You have to know how to take advantage of them and pay attention to them when they go up selling a little, but if it is profitable to have several, classify them as good and not as soon as possible. possible and if it gives you profit to sell up and buy back down that simple and also depends if the ace received free or purchased is already at your own discretion if you bought only stay as you can control and follow up to get benefit if not so many you would miss opportunities to make money.
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kokit22
Newbie
Offline
Activity: 35
Merit: 0
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June 25, 2018, 02:14:53 PM |
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i prefer having few coins that have value than having sheet coins all over my wallet.
because what one of those that have value will to you the valueless one can not give you that.
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Vanes_brz
Newbie
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Activity: 126
Merit: 0
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June 25, 2018, 02:16:34 PM |
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I think it's better to determine for yourself 10 perspective coins and invest in them evenly.. this is in regards to storage)
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Cj29
Newbie
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Activity: 99
Merit: 0
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June 25, 2018, 02:50:06 PM |
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Will its up to you nobody can judge you on your decision. Infact thats your strategy. As long as you know what you doing. But it will be good if you just pick few alt because many alt is kind hard to monitor
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trantu0490
Newbie
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Activity: 91
Merit: 0
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June 26, 2018, 10:58:15 AM |
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The Blockchain market is booming, making some bets can yield a lot of profit. I would put 30-50% in Bitcoin, and the rest in strong coins, already consolidated projects and bet on some ICO's and new projects. Following the maxim, do not put more money than you can lose.
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booboom465
Newbie
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Activity: 92
Merit: 0
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June 26, 2018, 04:33:58 PM |
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if you decide you want to have altcoin that much you should see the altcoin you want to buy should you buy altcoin that really has a good product and very useful for the people. lest you buy the wrong altcoin because altcoin is now very much at all.
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Aggioni
Newbie
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Activity: 95
Merit: 0
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June 26, 2018, 10:01:38 PM |
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In the beginning i tried to have 15-20 coins to minimize risks. But now i prefer to have 5-7 coins that have the biggest potential in my opinion, and that's enough for me.
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Pamahaw
Copper Member
Newbie
Offline
Activity: 269
Merit: 0
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June 26, 2018, 10:03:23 PM |
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I know that there are many kinds of alternative coins existing today, but is it better to have that many coins instead of having just a few? What are the benefits and harm in having that many alternative coins?
For me the more altcoins that you have the better because you never knew what coins will pump up later and you have the higher chance to gain profit because you have different kind of coins. For me there is no disadvantage of having many altcoins. |
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SlickMoTwoToe
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June 26, 2018, 10:31:29 PM |
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I would be ok with just a few since most of them have no use whatsoever other than for Trading. Around 5 or 6 altcoins (out of +1500) actually have real usage, and about another 5 alts have a promising future...the rest are just dreams and hopes or straight up scamcoins. But at least in the future most of the 'shitcoins' will dissapear and only the altcoins with real and functional use cases will survive.
I prefer many altcoins on my wallet, despite of not having some values, sometimes you're unsure of joining some campaigns that they will give legit tokens or alts, It better if you store some of them, It will vanish eventually when their value is not measured of the market itself, there are a lot of altcoins out there that have greater value, you just need to choose wisely. |
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