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

[zhangxie29152784]

Diversification can reduce risk for us, but having too many shanzhai COINS in a down market can cost us even more. Because only potential COINS will survive.

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[stefany101]

I think it is better to have many , the much numbers of altcoins we have, the higher the chance that we can get profits from them. We can't imagine if one of them have the potential to pump in the future and it can make us reach, so it is better to have many for greater opportunity.

[Dima95]

More coins - more problems. They cant lie somewhere. I think its better to hold maximum 10 coins

[BruceJu]

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?

This needs to distinguish the source of your coin. If you are paying for it, then I think too many coins are not suitable, but if you get it through the bounty, the more the better. Because you never know which coin is likely to be a dark horse.

[Jateng]

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?

Yes there are so many altcoins today. Let us just look in each side. If we do have many altcoins, it is good if the alts are not shitcoins because it will probably increase its price so we can get a big profit in times to come. But if the alts we are holding are shit coins, we get nothing from it. Another, altcoin price is dependent to bitcoin price , despite of how many good altcoins we have if bitcoin price goes deep down it will also go deep down like what happened in this year.

[jan.nicolas]

A very strange question, of course, the more tokens and coins you have, the more opportunities you really have to earn something on this wave of people's interest, so I probably would not add anything to the above.

[Kolder]

A very strange question, of course, the more tokens and coins you have, the more opportunities you really have to earn something on this wave of people's interest, so I probably would not add anything to the above.

Having many coins requires us too much time to be updated on them one by one, though its good to have many but make sure to manage them well. I opt to have too much coin in exchanges I have few which I monitor at all for trading.

[rhenrhen]

Of course, the more the merrier. The more tokens you have, the more profit you will get. The more coins you have, the more you have savings.

[Danica22]

It is always depends in the situation, if you have enough capital then it is better to spread in to 3 or more altcoins but if you have only 100$ to invest just focus in one altcoin. Don't try to spread your 100$ capital because you will realize the profit is slower than snail.

[theGrind]

in my opinion rather than having many worthless coins that will be thrown out continuously until there is no demand for it. It would be better to have some altcoin with a bright or good price in the future

[Tanya12356]

I read one man collects altcoins and has more than 200 but is it profitable?

It is beneficial if these altcoys have values.

[soundrum]

I think with many altcoins, there is high possibility of making to make a fortune from one of them, though there are chances of losing heavily in them also but with few profitable ones, it will cover the loss from others.

[alexsoul]

The presence of a large number of altcoins can confuse a beginner, but among the many useless projects, there are really popular ones that solve real problems and bring the future closer. Such coins are highly rated and have a high capitalization. And projects with the same focus increase competition and accelerate development.

[Tamila]

Of course, better have up to 10-15 altcoins in their portfolio. By doing this, you reduce the risk of losing your money and increase the opportunity to increase your capital. It is never known which coin can give you x100-x1000 ...

[mikkev01]

I prefer to hold only few altcoins. If you concentrate on a few coins, then it will be easier to keep track of them and to make the important decisions. but then it is possible that the spread will be at risk if you are investing in a large number of coins.

 

[Nikolas_the_Wonderworker]

With a stable or falling market, only day trading saves. Invest better not more than 3-4 altkoins. It is already difficult to follow a large number on the crypto exchange. If you don’t be greedy, you can easily earn 1% on each altcoin and, in general, make 3-4% of your money turnover in a day. This is a very good strategy.

[Leenwar]

Top 50 coins in the market are safest to invest everytime but invest in parts in 5-10 projects and hold for long term.

[goffbar]

I think it's better to relying on 1 strong coin but however it's too dangerous. I suggest to split it to 2-5 project which include on top coin on CMC.

[Trixie28]

I think it is better to have more outcomes in the future so that we can get a good profit. We can join a lot of bounty campaign as much as you can pursue our dreams come true. Collects more altcoins so that we can be rich soon as they have values.

[Jakson123777]

It is better to have 10 altcoins in your portfolio if you are an investor,not a trader.Or buy so much on ICO.A few coins will fall after entering the exchange.A few coins you sell for as much as you bought.A few coins will grow a little bit.And a few will bring a cherished good profit.