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

[Vilath]

Of grade , greater get up to 10-15 altcoins in their portfolio. Close to behavior this, you decrease the danger of misplacing your capital and breakthrough the chance to breakthrough your assets . It is never recognized which currency buoy consecrate you x100-x1000 ...

[1714715329]

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[djsugar]

Its quite simple. If you have single alt coin either you will be in profit or you will be in dump.
To ignore this situation always go for balanced portfolio. Balanced portfolio is when you invest in various alt coins instead of investing in single alt coin.
Major characteristics of balanced portfolio is you will invest in various coins which will give you assured return. If you will be loss by investing in one coin, returns of other coins will cover your damage. That is why balanced portfolio never disappoint anybody. 

[fathur01]

I am always in favor of differentiating my risks, so I do not invest in one or two coins, but in all altcoins that I consider promising.

[sanacaks]

I prefer to have few strong coins than having many coins. Having few strong coins give you more control on action about prize change in market. You can watch and act in short time.

[Early_Waffle]

I am now fully confident that it is better to distribute my investments in the purchase of various coins on the market. So there will be more chances that some currencies will make rapid progress and will provide a large income. Now I have already bought about 40 prospective coins.

[Jupeter]

It is risky if you have all those alt coins,only hold good potential altcoins because many altcoins will lose its value year by year so be care while picking your altcoins.

It depends on the people, if people have a lot of money it is really okay to have many altcoins but off course having a trusted altcoins is the best thing to do because if people will have a lot of altcoins that doesnt have future for sure they will not make a lot of money.

[smoker36]

Most of tokens are influenced by overall market situaton. When market is good - they grow, when market is bad - they fall. You need to find out right options, which could show stable growth even when the market situation is awful. It may be pretty challenging, but believe me, it is worth it!

[Riddikulo]

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 ...

No doubt - when you have at least 10 altcoins in your portfolio, your chances to get the profit at least from a couple of them are increased. As for me, I have been working with 20 tokens and plan to buy more.

[keepandhold]

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?

When you have only a few altcoins, it is easier for you to monitor your crypto portfolio and you will react faster in case of force majeure.

[ka4ok1331]

Earlier I thought that it is better to have many altcoins. But it is hard to be always online and you can miss some dumps and not to sell at the correct time. So now I think that it is better to have a few altcoins, but to monitor them always

[zk-SNARK]

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?

I think you can choose 4 or 5 altcoins But i believe more than 5 coins is bad for holding. because we need to choose strongest ones.  Surely you can hold 20 different type of coins. But for example i am holding 5 coins for bull market. Because i like to hold some coins which i have really huge information about that. I am tracking news everyminute and monitoring their telegram channels etc. But i cant do that for 20coins. So 5 is enough for me.

[surgexvb]

It seems to me that it is better to have only a few, but more promising for the future, since many coins have no value, so you should choose a few with a good product.

[WUUEX79]

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?

Every coin circulating has a different growth rate, everythings very dependent, on the community behind it. Little or many types of altcoins which you have I guess that doesn't matter, what matters when you choose them, make sure that you choose them carefully that they are real coins which are very potential.

[Huntler1993]

It is always safer and better to cast your net wide, altcoins are really many in the system and holding with few could be quiet damaging. Go in for as many as you can. Who knows you might even invest in the next best altcoin in the market. 

[lihaidong198871]

It is risky if you have all those alt coins,only hold good potential altcoins because many altcoins will lose its value year by year so be care while picking your altcoins.

Last year, when my investment was only a few hundred dollars, I chose to invest all of my assets into a single altcoin that I found to be able to raise prices. And luckily the market was posting very well and made me profitable

[ryanfromrethink]

Number should not be a priority, while knowledge should. I meand that five good atcoins may be much more profitable and prospect than hundred of others, which did not make it to the exchanges, or made it, but without any benefits. Choose your investment opportunities wisely.

[khalifa25]

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 diversifies your assets. There is a big chance that one of your coins will pump up. But having many altcoins also divides your focus. Especially if you trade mostly. There is a possibility that you might not be able to notice the short rise or drop of some of your coins.

[defoman]

First of all, I believe that investing is always a risk and looking for promising projects before they got their popularity. Having a lot of altcoins in your portfolio is its diversification, a guarantee of stable growth and a greater chance to make a significant profit.

[leslie4u]

It is always best to have diversification and having few variations of alts would not hurt provided they are not just any junk. Do not invest everything in one basket and let the funds grow with time and I am sure with time it will bring in some good results. However, do make sure you read everything about the project before getting in. No one wants to lose their hard earned money, right?

Many and myself as well, trade altcoin for BTC, in other words Alt are used as means to gather more BTC.

Cheers!!

[Karina 3340]

I am always for the quality. Therefore, for me let them be at times less. But at least worthy of our attention. And when the market just dam not understand what. This does not alleviate the situation.