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mustafayasinsenturk
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November 05, 2018, 12:33:18 PM |
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More than one coin investment can be distributed to reduce risk. But I'm not in favor of investing in high-volume coins.
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Patrix_1
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Activity: 364
Merit: 10
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November 05, 2018, 03:31:04 PM |
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It depends on what you strategy is about. I am trying to hodl the most possible amount of different coins. But it does not mean that I am buying every coin. I spend a lot of time by investigating each token and only after such a process, I am buying some of these coins.
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megaplage
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Activity: 320
Merit: 10
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November 18, 2018, 07:42:21 AM |
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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 seems to me that it makes sense to buy not so much, but qualitatively. It does not all depend on how much you invest. The main thing in what period of time and where you invest. I think that the second option better |
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LeoEspansq
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November 18, 2018, 07:45:24 AM |
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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 prefer to have a lot, not due to the fact that it is necessary, I just consider some of the Coin and if they are impressive with their progress, then I take them. This applies to coins at the bottom of the list, where their price is very small and the prospects for every twentieth. |
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zgrdyg
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November 18, 2018, 07:47:08 AM |
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I think diversifying your portfolio is always a good choice but this basket should include strong altcoins, ethereum, iota, stellar lumens, ripple, cardano. These can create a strong base (ethereum) and has a great potential (stellar and cardano)
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NikNight
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November 18, 2018, 08:07:15 AM |
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I am sometimes frightened by the constant increase in the number of different coins. Although we need to consider that it is better to have a lot of cryptocurrencies, rather than see a few monopolists.
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bitjoin
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November 18, 2018, 12:10:03 PM |
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We must to be smart in analyzing the altcoin, so that we get the profitable for the future , beside that, if we have a lot of altcoins but can't control the price it's the same as the results don't exist, it's better to have a few altcoins we can control the price more freely the market later.
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GodsChosenVessel
Copper Member
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Activity: 164
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November 18, 2018, 02:01:09 PM |
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Keeping many altcoins is meaningless if these values are nothing to write home about. Sometimes a single altcoin might be way better than hundreds of altcoins when it's market value is reasonable.
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Gatotare
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November 18, 2018, 02:04:45 PM |
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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 recommend investment to maximum 5 or 6 project at the same time beucase if you buy 10 15 kinds of altcoin, it would be very difficult to follow for you and you may miss the news about projects so you must consider this. |
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EL-NIDO
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November 18, 2018, 02:12:10 PM |
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First of all it is better to diversify your portfolio. I recommend to hold more of your investments in Bitcoin. It is still the most trusted and stable cryptocoin. The more altcoins you have the more it will be difficult to manage each coin. Only hold altcoins with real use cases but quality over quantity.
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Lake20
Copper Member
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Activity: 126
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November 18, 2018, 02:13:27 PM |
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I don't think it is a better investment decision to have a ton of altcoins, though the question depends on who you have but as for me, I find it very difficult to keep myself updated about many coin and this has led me to sell off some of my holdings. As for now, am only holding few that I have strong believe in the project.
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Uguande
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Activity: 62
Merit: 10
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November 18, 2018, 02:20:36 PM |
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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 recommend investment to maximum 5 or 6 project at the same time beucase if you buy 10 15 kinds of altcoin, it would be very difficult to follow for you and you may miss the news about projects so you must consider this. It is very hard to follow news if you invested in many projects. On the one hand you diversify your risks, but on the other hand it is better to invest in several good projects, so you can follow all of the news |
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BTCHadzija
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November 18, 2018, 02:23:04 PM |
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I personally think that it's better to only have a few, it's difficult to keep up with a lot of them and if things go wrong risk management is easier with less tokens
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alt-fire
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November 18, 2018, 02:23:55 PM |
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Now it does not matter how many types of coins you hold, still they all got 10 times cheaper than they were
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Lolox
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November 18, 2018, 02:31:42 PM |
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The more value the altcoin has, the greater the results can be achieved. However, that can all happen if you are able to choose a potential altcoin, and not only put all your money in only one altcoin. Expanding the investment field will expand the source of income. So that the value of your money can be more useful and can continue to grow until it reaches the highest number.
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XLadyX
Copper Member
Jr. Member
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Activity: 73
Merit: 1
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November 18, 2018, 02:34:50 PM |
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Personally I'd want to have few high quality coins than many few coins. When you have 10000 of a particular coin, when it rises, you tend to gain more.
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Boybugwal760820
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November 18, 2018, 02:43:54 PM |
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In my own opinion which is also based in my own experiences with crypto currencies and altcoins I would really choose to have a lot of altcoins or crypto currencies rather than to have a few of them because if there's any of them will gain a market value it will be a big jackpot for you.
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memFISTO
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November 19, 2018, 10:16:03 AM |
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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?
Altcoins are not the most reliable components of the market. therefore, I think that it would be better to look not at the quantity, but at the quality. This will be of key importance |
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Mr.trader
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November 19, 2018, 10:24:44 AM |
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I think if we do research and find a good altcoin then having more altcoin is good , because we will get more good profits, because the future of bitcoin is also a good future, so we believe that we will get more profit.
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Tduty
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November 19, 2018, 10:45:54 AM |
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I think that it will be better to keep and trade many altcoins. We don’t know exactly which ones will be up pretty high. I think if you have many coins or tokens, some of them will be potential in the future but not all of your coins. I have many coins but all of my coins are not potential.
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