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Author Topic: Is it better to have many altcoins or it is enough to have few?  (Read 4901 times)
cayenne2121
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October 25, 2018, 01:58:08 PM
 #801

Well, better too much than not enough, I think people should have a choice. especially now there are many projects that use cryptocurrency for various interesting purposes
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dentolas
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October 27, 2018, 11:54:59 AM
 #802

I guess it is a matter of finding the right balance between number and quality of coins
and there is also the matter of dispersing the risk and maximizing the profit potencial which will eventualy will also disperse the weight of your investment and your eventual profits... again, finding the right balance between these will also be essencial...
I find it hard  Grin

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sergey1301
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October 30, 2018, 06:03:56 AM
 #803

I think that it's better to have a few coins, but the quality of ico projects.  And it is better to have a lot of coins, the quality of the projects.
labake
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October 30, 2018, 06:09:39 AM
 #804

Hmm! Many altcoins might not count while few would do. It is not as many as it is but as useful as it is buddy!  It's better to have few with good potentials than to have many that would be useless. #Myopinion
Absolutep
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October 30, 2018, 06:35:48 AM
 #805

I will prefer to hold on yo few coins that are solid ànd have graet prospect.You don't need too many coin rather,you need few coin with great team and prospect.
ilya_safronov
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October 30, 2018, 06:36:54 AM
 #806

I do not approve when the very spray of investments, the risks are enormous. A maximum of 5 coins. I propose a different strategy, major investment in a large and reliable coins for investment in new coins and potentially promising select about 10% of the money and buy what you want, the most important thing to the main share was in a safe place.

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sodiik
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October 30, 2018, 06:43:12 AM
 #807

Having just a lot of altcoins is not enough, we have to be smart at placing the coins into potential coins. Has many altcoins with more than 1 type of altcoin. Diversification of investment, in my opinion, is very important to be implemented for good and also the security of assets. By diversifying as well as we have created opportunities for ourselves in generating wider profits.

Fishmaster23
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October 30, 2018, 06:46:17 AM
 #808

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 diversify your portfolio, you reduce the risk of losses, but this process must also be approached with caution. And not to gain everything in the hope that at least one shot, it is better to take coins with good trading volumes than pacifiers.
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October 30, 2018, 06:46:39 AM
 #809

It is up to you, You can have a lot of coins they all have something unique, so no one knows when a coin will get a real fame and you will get rich. Why you bother to think that you should have many coins or few if you can have a lot coins then you should have.
Russlenat
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October 30, 2018, 06:48:52 AM
 #810

It is also advantage to have many different altcoins because it is very useful if you do trading but it can also confuse sometimes, I don't have many altcoins also because I just keep only few top altcoins.

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clonedone
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October 30, 2018, 06:58:20 AM
 #811

I prefer to have a few top and popular altcoins that have real value and prospects in the future. But you can have a lot of altcoins, that's ok, diversification is a very important thing. Ultimately, everything will depend on the quality of these projects.
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October 30, 2018, 07:57:51 AM
 #812

You need to diversify and have multiple alt coins.. Just don't put all your eggs in one basket..

DreamCayman
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October 31, 2018, 02:31:48 PM
 #813

Investments are only effective if invested in several altcoins. This is better than investing in the most diverse and numerous altcoms. It is more risky to invest in various places than to have only a few coins. 3-4 altcoins are easy to control and pay attention to your investments if you trade them in day trading.
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October 31, 2018, 02:35:24 PM
 #814

This is a question that needs to be answered only by you, because the market today has very few opportunities for earning, it seems to me that you still need to somehow try to get big different coins that are on the market today. All the same, this is a great opportunity while it is there.
masterchief001
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October 31, 2018, 02:40:12 PM
 #815

I think the more i hold the altcoin the better. If the price is high you will have a lot of money. If altcoin drops, the more you hold, the more anxious you are to lose money. Have a clear and solid investment strategy in this turbulent electronic market.
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October 31, 2018, 02:45:55 PM
 #816

It is better to have a few coins at two exchanges. If I would buy now I bought 5-6 different coins and all. It is not necessary much.

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October 31, 2018, 03:13:37 PM
 #817

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?

In my opinion, only 5 altcoins should be enough. No more, no less. I think if you divide your capital and invest in 5 different altcoins it is safer to have you all in one coin.

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Boysisig207608
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October 31, 2018, 03:20:09 PM
 #818

Yes I really agree that it is really much better to have many altcoins being kept in your ETH wallet than having just a few of them because it increases your chances of having greater profits if you have a lot of altcoins out there being kept, because lots of altcoins means greater profits most especially if all your altcoins will be listed in the crypto market exchanges.
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October 31, 2018, 03:49:12 PM
 #819

The crypto market is very unpredictable, you need to constantly adapt to it. Today you bought some Altcoins, but if you see that there will be a growth of others, you should reinvest in others. You can't keep the same things all the time.
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October 31, 2018, 04:12:21 PM
 #820

IMO, it is difficult to determine the number of coins to invest in. For me, I will invest in coins that I think the projects have potential to grow and have good ROI.
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