Is it better to have many altcoins or it is enough to have few?

[BitcoinFotw]

I do not think it is a better option to be invested in quite a number of these altcoins rather than a few of them. I would rather advise that you choose a few coins that you trust and believe in, and see good potentials in them to invest in because it is better that hodling so much coins you know so little about, just hoping they do well in the market.

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[solovalley]

for me it is better to have lots of altcoin, if you have lots of coins that are safe in trading why not, because when some coins you dump maybe others will pump and it is not so risky for me.

[Aggioni]

I prefer to have 5 coins that have the biggest potential in my opinion, and that's enough for me. I don't like to keep everything in one coin, as well i don't want to have 10 or more.

[Tetep Mesem]

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 its better to have lot of altcoin, if you have lot of coins your safe in trading why ? because when some of your coins dump maybe other will pump and it is not so risky for me i think.

having a lot of Altcoins would be very profitable. seeing the ever-increasing development of Altcoin is very capable to generate far greater profits in the future. so it's great to have more Altcoin and make it a big source of profits going forward.

[Gonmintun]

I think it's enough to have few but large number of quantity

[bitcoinforus]

Indeed, there are too many altcoins on the market and many will disappear from the market in the next 2 years. Therefore, it is better not to keep money in many altcoins otherwise it will be difficult to watch out for them!

[carrigan]

In my opinion, having some altcoins with promising future are better. for example, I have only some altcoins on the top 10 coin market and trusted value including big volume. I think that those coins may be more promising in the future. Therefore, I will really focus on analyzing the coins as well.

[SimonJones]

It depends on what you mean by many. It depends on so many things such as what gains you want, the capital you have etc. But it's bettter to have small positions in many alt coins because right now we never know which one is going to be successful. And the successful coins will give you 100x returns in a few years because the crypto market is still very small. Also do not buy altcoins which are not in the Top 200.

[abake]

Smile, the bottom line is having Altcoins with potentials and which someone would always be updated by the team.

[Aponkye1]

It is better to have few potential altcoins than to have a huge amount of altcoins which are not worth anything. These days so many altcoins are coming up and most of them don't have any significant value.

[chanler]

I think that it is better to have only few coins but they are promising and profitable for now and then for the future. Choosing promising coins will make us aware to make certain strategy about the coins. having some promising coins can lead us to gain more profits although only some but with the big earnings.

[babsjoe]

It's all depend on your strategy and your objectives! Diversifying works and it may not work but it make perfect sense to spread and hedge your risk and you will be in better position to make good profit or absorb losses!

[rainmonsoon]

A few good ones is better:) But not only one, a few at least to diversify your exposure! The upside potential in good new ones is much greater than in the established ones. Upside multiples can be a totally different game. You just need to do your research carefully and don't trust ICO listing sites etc. because ratings can be bought. Careful research is very important to avoid scams and other low quality projects - don't trust anyone but your own research!

I have been recently following Stellar that is generally on the rise and the tokens issued on the Stellar platform - now there is a bump like in any cryptocurrency over the past few days, but generally Stellar is on the rise because of the prospective Coinbase listing and other advances. This will also boost tokens issued on the Stellar platform...

My most recent find among alts is AXU, "Argentas Exchange Unit" token issued on the Stellar platform and listed and verified on the Stellarport decentralized exchange, now only at its pre-distribution, or pre-ICO phase. A true hidden diamond, with low profile so far. Experienced people clearly, and cool tech for decentralizing and revolutionizing global banking - their website at argentas.io.

The pre-ICO price is 50% cheaper than the ICO price, a sure winner IMO, and I will certainly get some. They also have an ANN thread, I think here https://bitcointalk.org/index.php?topic=4431900.0. I dug really deep in their content, and it is really cool stuff But don’t forget your own research!

[miklesm]

In my opinion, it is better to hold a few altcoins, but they should be chosen carefully. According to the statistics, many projects dissapeared after about a year or even earlier after ICO, so investing in many projects increases a risk of loosing your money

[ice098]

In my opinion, it is better to hold a few altcoins, but they should be chosen carefully. According to the statistics, many projects dissapeared after about a year or even earlier after ICO, so investing in many projects increases a risk of loosing your money

For me its better to have few altcoin because less risk but I'll make sure that all of them have potential, so that I'll never get scam or get altcoin that might disappear and no longer around. It better to know your crypto very well to avoid wasting of money and time for holding it, so make sure your altcoin can give you atleast enough profit even its not higher but still you can get. Make a research because it will help you which crypto is good to have.

[bayarau]

In my opinion, in order to rely on profit in the future, it is enough to have 10 top altcoins in your portfolio and wait for their growth! I have a slightly different situation at the moment. Participating in several bounty campaigns, I collected more than 50 coins in the last year. Periodically, some of these coins give me the opportunity to earn. But I would not have bought so many coins for my money!

[thefaucetrunner]

i do have many altcoin in my wallet distributed by developer for each bounty campaign i have joined, its only look like display to me in my wallet, i know its needed for long term hold to see the value oh those coins. but as my experience it will be better to convert it only into potential and profitable coin such as bitcoin, ethereum and waves. i will try to convert it when the value oh tfhose coin start to rise.

[WhiteShum]

i do have many altcoin in my wallet distributed by developer for each bounty campaign i have joined, its only look like display to me in my wallet, i know its needed for long term hold to see the value oh those coins. but as my experience it will be better to convert it only into potential and profitable coin such as bitcoin, ethereum and waves. i will try to convert it when the value oh tfhose coin start to rise.

A large number provides quality diversification, which is good, but the main question is which altcoins are in the portfolio.

[Godparticles]

Diversification is definitely a better option, but you need to find good cryptocurrencies to invest in. If you think that the cryptocurrencies you invest in are very good, then you can choose to hold them patiently and wait for them to give you Bringing benefits, I think this is a very good choice.

[twitchtver]

Personally, I prefer to hold only a few of them, but that is because I am aiming for long term investments, if you are a day trader than having a lot of altcoins is a must.