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Author Topic: Is it better to have many altcoins or it is enough to have few?  (Read 4901 times)
shakesbear
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November 01, 2018, 05:08:47 PM
 #841

If you have a lot of coins, you need to watch them very carefully, for me it is difficult, I try to hodl only those coins in which I am sure.

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itsik78
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November 01, 2018, 05:16:15 PM
 #842

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?

There are really a lot of coins and in order to have a greater chance to earn, you need to have more coins, but this does not mean that you need to buy everything in a row. There are a lot of promising coins that are not included in the TOP - 100, but persistently rise to it and many make the mistake of not paying attention to them. Do research, read, study and you will find the answer to your question.
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November 01, 2018, 05:23:40 PM
 #843

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.
Yes, it all depends on quality of the project and our financial capacity. It's better to hold a lot of good coins than a few, if you can afford them.
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November 01, 2018, 05:25:46 PM
 #844

I dont think you should neglect any coin. If you have made some research and understood the project and their motive and if you have felt that the token will be used in long term then its good to buy them and hold them.
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November 02, 2018, 04:20:07 PM
 #845

If you at least engage in trading or investing,then in any case you will have a lot of altcoins.Therefore, I believe that the more altcoins you have in your portfolio the better.There is more the likelihood that you can earn.Please note that if the market turns green, then it turns green all. Therefore, you have a better chance of making a profit.
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November 02, 2018, 04:37:32 PM
 #846

I do not think that this is the right question, because it is definitely possible to understand that the more options there are in tokens, the more options there may be to make money, so everything is simple. Try to get more tokens and coins.
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November 02, 2018, 05:40:16 PM
 #847

There are of course a lot of new good coins that are well suited for investment , I think that technology should develop and without it there will be new coins!

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November 02, 2018, 06:20:47 PM
 #848

If you don’t have a lot of coins, but they will all be worthy and have a future perspective, it seems to me that you will be very happy about it. After all, it is much better than many useless coins.
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November 02, 2018, 06:53:03 PM
 #849

Diversifying yourself is good but in case of alt coins it's better to have selected coins in your portfolio, select only those/limited coins which you can handle properly.
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November 02, 2018, 06:54:59 PM
 #850

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?
it depends on you and on you only but i think that you will find it difficult to watch over a lot of coins so estimate your power right
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November 02, 2018, 07:16:26 PM
 #851

In my opinion it is better to have a lot of different cryptocurrencies. you never guess what course will be tomorrow and maybe you will get lucky and your balance will double
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November 02, 2018, 07:20:21 PM
 #852

I think having a lot of coins is unwise. You will not be able to analyze your every coin. In addition, you can not make the right decision in the event of a sharp jump in the market.

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November 02, 2018, 07:29:07 PM
 #853

It is neither bad nor better, the goal is to diversify your portfolio and not to spread it too thin. Just have a bunch of altcoins you can manage from time to time. Spreading too thin is as good as we are feeding the exchanges with transaction fees as our trades will be very small and less profitable.
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November 02, 2018, 07:46:08 PM
 #854

I believe that a large number of coins is both good and bad. Among the advantages, you can definitely call the possibility of choice and increased competition between projects, it significantly accelerates development. In addition, if you collect your investment portfolio, it is better to have several coins to diversify it. But when such a number of coins on the market, it is difficult for a beginner to understand and there is a risk of running into a fraudulent project.

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November 02, 2018, 08:13:00 PM
 #855

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?
It's not about the number of coins and tokens, but about their quality. As a result, only quality projects will remain on the market and we cannot yet know their exact number. Therefore, it is necessary not to interfere, let the ICO work quietly even regardless of the fact that we see a significant number of fraudulent projects. So far it is inevitable evil and it should be avoided by a careful study of the projects of ICO and their teams.
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November 02, 2018, 08:13:27 PM
 #856

If you will invest your money to several coins you will have your profit any way even if some coin will not grow or project will be dead
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November 03, 2018, 01:22:32 PM
 #857

There is nothing good in a poor diversification. It is better to keep 10-20 Altcoins that have cool products and a powerful team, rather than 100-200 ShitCoines.
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November 03, 2018, 01:37:04 PM
 #858

I think it's better to have a lot of altcoins, and we never know the future, what we think is best at the moment might someday be a scam and I think saving more coins is a better and safer thing.


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November 03, 2018, 01:41:56 PM
 #859

When my friends ask me if its better to have many altcoins, I say that nothing is wrong with that but as long as you value your portfolio, you can modify it with the best coins and useless coins.

But for serious matters, its better to have fewer coins that has larger value than many altcoins.

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November 03, 2018, 01:57:26 PM
 #860

when I invest, I prefer to have a little bit of altcoin but it has high value like BTC and ETH, because for me it will provide a decent profit, rather than having a lot of altcoints but no value, unless we already know the future of the coin .

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