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

[hanxinvwang]

It depends on which coin you know better, if you are very confident about the coins you hold, then you can add it at any time!

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[lenini]

The only universal advice is that in this business there are no universal advice. And two traders can differently estimate the perspective of one token. Only your own head on your shoulders will help to increase capital.

[MRY]

I think, it's better to have a few altcoins that have good price movements and have the opportunity to be able to get profit rather than have lots of altcoins but don't develop and are not profitable

[Suwycu]

The presence of a large number of coins gives more chances that some of them will successfully rise in price!

[mitsarasss]

Everything depends on the quality of the projects. I would prefer to have several altcoins from the top 100 than many from the top 300. Although with a good selection of altcoins from the list of top 300, you can earn a lot, but the risk will also be very high.

[AzrailBogov]

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?

Looking at how much these coins are promising. If you have a lot of great altcoins, then that's good. Well, if you have a lot of useless coins, it's pointless

[ujinice]

It is better to keep a few promising coins and monitor their growth and project as a whole otherwise you will not have time to analyze a lot of coins and lose some of your savings.

[Alex09012004]

I prefer to have few because it is much more easy to control what happens with these projects. If you have many coins, then it is really hard and takes a lot of time.

[Karasawa007]

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?

Having lots of coins is also not a good alternative to making a profit in the future, even if you have a lot of coins you may not be able to check one by one on the coins you have. you should choose from some of those who you think will be successful in the future in investing in the long term. it will minimize your disappointment by expecting something that is never valuable. but having a lot of coins from several different projects can also be an alternative to get a profit, but it makes you unable to participate actively in project

[bchdfsy]

having a few bitcoins is safer than having one or few I think because if may lose a lot if your main coin will be destroyed and having many coins in insurance from this.

[mh6e]

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?

Having many altcoins can be good if those coin will grow but if not its better to have only few but stong  coin. Even if you only got few altcoin but the sure one its still a good investment. The fewer the coin you have the easier to monitor too.

[skylar]

for me it is better not to keeping my investment on only few asset. I prefer have lot kind of cryptocurrency but mostly my investment are on top 50 CMC list coin, the rest of it are trying to make investment on ICO that I believe on it.

[jyotianand01]

Quality has more value than quantity so it is better to have 4-5 good quality coins rather than so many coins. I prefer to buy 5 coins from the top 25 coins of this market as those coins have good liquidity and volume so you never trap.

[Striker17]

Yes there are too many altcoins are appearing now, and for me that's a good idea to buy many altcoins rather than few coins. Because i think it can brings a better profit someday, but be careful of choosing and buying altcoins, be wise and pick a coin/s with a good potential growth in the future.

[InfiniteGrim]

As practice shows, the more coins you have in your portfolio, the smooth growth or fall of your portfolio. The fact is that if even one coin completely disappears, the growth of other coins will block losses from the coin that has disappeared!

[Anita1873]

It is much better to have 5-6 good quality coins than a lot of coins. If you have more coins, many of them will be worthless and many will disappear. Therefore, from the top 20 coins of this market, 5-6 coins should be in your portfolio because these coins have good liquidity and quantity, this can provide better growth of your portfolio.

[teeshe]

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?

The reason i think people have many altcoins is just to enable them to spread risks, as you can never be sure which of the projects will be a success in the future since most of them are still in their infant stage hence the need to spread risks.

[swati123]

There are many coins available these days but I would prefer to keep few good coins rather than keeping so many. As I can manage my investment in few type of good coins in a better manner, it is difficult to track the price of many coins.

[pdutta]

In my opinion, It is better to choose to acquire few altcoins that are really profitable rather than lots of coins. For me, quality is more important then quantity.

[akunta]

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?

as for me the only difficulty thete is tracking down the information about all of your crypto pets and making decisions in time