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

[Michail.]

My opinion is to have a lot of different coins, this is a little protects against falling prices for other coins, you can always overlap with other coins.

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[Itcher]

It is better to have a little, but good and having a perspective:)) why do you need a lot of that is not worth anything?)

[Disculinair]

It depends, I recommend getting a big variety of altcoins if you want to trade them on a daily basis, this method is the best in my opinion, and I believe is the one that offers the bigger rewards.

[ganesh10]

It is better to have few, like 5-10, because if you have more, you've got to keep an eye on each of these alts. For me it is wastage of time.

I agree with this. I think having 5-10 altcoins would be enough. Choose carefully. I would suggest buying 5-8 from the top 20 on the CoinMarketCap, and investing in 2-3 new altcoins which can grow big time but also have a chance to disappear  forever. Do not invest a lot in the new alts, but do not ignore them either. Who knows, maybe one of them will rise 1000 times in the future making you rich (which will hardly happen with the coins from the top 20).

I would advice getting about 15 altcoins, all belonging to the top 100 of the "best cryptos" however, not necessarily they need to be from the top 20 as there is a lot of potential on some other less known cryptos.

[MCJamison1987]

Many coins simply means that we have more options.
I dont see anything wrong in that. It is up to the traders to make a wise decision in investing.

[Hulh]

The risk of diversification investment is even lower. Of course, if bitcoin drops, the same is true of what coins you take.

There are pros and cons once you havr many altcoins but there are big chances that you will earn big time especially the altcoins you have already recognized in the market. But there are also chance that you will lose big amount.  Be wise in investing. You can have different coin .Dont focus only in 1 coin but be carefull on choosing altcoins.

[Radzivill]

The vast majority of coins that now exist are just dummies. Bubble. I am sure that they will not be in the near future. I think that in the top 100 should be only the steepest coins, but I think that this will not happen, unfortunately

[Anone69]

If you have funds available then it would be better to have lots of altcoins, because there are more possibilities that some of them will pump hard in the future. The more, the more lively, right? This gives you choices to sell and you have variations, so that won't be a problem for you.

[gurunanakji777]

It doesn't matter whether you have many coins or just few coins. I would say it all depends on your coins selection. If you have multiple less potential coins that won't work for you. It's always better to choose coins from top 50 coins. Those good potential few coins will also enough to have in your portfolio. I always believe in some old well proved coins that are surviving in the market from long time.

[anisoptera]

I think it doesn't matter how many different coins you hold until it is not just one. Another thing, your portfolio should be promising, you should know as much as possible about every coin in a portfolio and have strong believing then every one of them should rise. If you see any problems with some coin in your portfolio, sell it straight away.

[pisomiko]

All things considered we have our own accept on the specific coin we think have an incredible potential later on. As what I did I hold a portion of my offers keeping in mind the end goal to have a lot of benefit later on. Likewise, we have to mindful the conceivable outcomes on such coins which can be ruin however there is as yet a probability that can be increment for the extensive stretch of time as long as the client will hold up calmly

[ThunderCatSteve]

I think it doesn't matter how many different coins you hold until it is not just one. Another thing, your portfolio should be promising, you should know as much as possible about every coin in a portfolio and have strong believing then every one of them should rise. If you see any problems with some coin in your portfolio, sell it straight away.

[T.A.G.]

Diversifying your portfolio is always a safe bet in any hostile environment, it enables you to weather any financial storm and, more importantly spread any losses across your other holdings.

[permatasai]

It is better to have many altcoins in order to have more money to trade and earned a lot. Having a lot of altcoins in your hands will have a greater chance to earn big amount.

choosing only 1 altcoin has a big advantage and risk, I will buy lots of special proportions of altcoins, and I will buy it with several conditions, must have transaction volume above 500 BTC per day and listing pass several major exchangers such as binance, bittrex, bitfinex

[CEOKEY]

With the current market situation fluctuating suddenly and strongly, the diversification of investment Altcoin will make you have the opportunity to make more money. But careful research and selection before a decision will be essential and important for investors.

[ezeobulu007]

It's not a bad idea to have lots of altcoins but even if you want to own a few, just make sure they are highly potential ones that you are about 98% sure will generate a lot of future liquidity and to be sure about this follow those particular altcoins you are interested in km their social medias to get useful info and also read their whitepaper to know what they are offering

[TGD]

It is better to have many altcoins in order to have more money to trade and earned a lot. Having a lot of altcoins in your hands will have a greater chance to earn big amount.

choosing only 1 altcoin has a big advantage and risk, I will buy lots of special proportions of altcoins, and I will buy it with several conditions, must have transaction volume above 500 BTC per day and listing pass several major exchangers such as binance, bittrex, bitfinex

of course at first it was really hard to identify what are the some of the altcoin that are have to choose with and you really need to pay an attention with this too. And when youare know some strategy with it for choosing another you have an idea with it too.

[andrej.safronov.1990]

Too much is not advised to keep coins. Here is my strategy for example, I keep a maximum of 5 coins in the long run and it is about 80 percent of my money. The remaining 20% I put in ICO and new coins, keeping them on the exchange for more than a quick sale in case of danger.

[coinbirds]

Personally, I am holding up to 10 altcoins which I think they have great future.
You can hold hundreds of coins but many of them will die and become worthless.
For me 5-10 is optimal as I can follow up on their progress and be able to be informed on them through social media.

[IlfarIldarovich]

In my opinion, you should have so many coins in your portfolio that you can keep track of each one. In the falling market, I advise you not to keep more than three coins, because each will have to be divided and it is not clear which coin will fall faster!