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

[cubicdissection]

i will be prefer only invest in potential altcoins for my long term strategy you can hold many altcoins which will give you good profit in future but before investment in any coin check project and team behind its

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[max65]

For me must better to have a few altcoins rather than many altcoins because to have many altcoins are to risky.Now a days more coins are in red and some are disappeared in top list in the market.

[DeKingCrypto]

What you should be looking at is the value of the coin not how many different coin you hold, you can have 100 worthless coin which will mean nothing, but only one good coin can mean a lot.

[sleepless]

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

This is a cryptocurrency market, so there should be a lot of different coins. The fact is that there are a lot of weak and unnecessary projects for whom the investor loses a lot of his money. It is necessary to regulate the cryptocurrency market.

[coin-investor]

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?

We have so many coins today that has no value or offer no usage at all we could agree with the so many numbers of coins but unfortunately, the majority are useless so I can live with a few coins that have value in the market than so many shitcoins.

[katerinaliisa]

The more different promising coins collected in your portfolio, the more opportunities to make a profit. What any one coin in any case will soar in price. Although I am sure that over time the entire market will grow.

[batkaMahno]

I think that a few prospective coins are enough. Watching a few coins is much more convenient than constantly studying a larger number of small coins.

[starplaks]

If you save more coins, then there will be more chance that your portfolio will not fall so much!

[Svarora]

The more altcoin you have the more safe your investment is.  But it also depend on your investment level. Different altcoin also require that much in reach altcoin that when you earn profit you must feel happy about that and increase your networth

[Businesscase]

It depends on coins in which you want to invest. If you buy a lot of bad altcoins - it will be less profitable than a few really good ones.Also, you can buy a lot of good coins, but you need to make your own research work before investing.

[karramov]

The more coins the greater the risks. It is easier to keep track of a small number of tools . It depends on what number of coins we are talking

[otundebis]

The first cryptocurrency was bitcoin and Altcoin is other cryptocurrency that are not Bitcoin.  Having many Altcoin is part of discovery and testing needed to develop many coin that will be applicable to other human activities apart from payment and store of value that bitcoin represent!

[Raggie]

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?

depending on the situation. if you have a lot of altcoins, you can get a lot of profit if the price is high when you sell it, and if you have a lot of altcoins and you sell them at a low price, of course you will loss

[Snaic]

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, but about their quality. There is a law of transition from quantity to quality. Despite numerous cases of fraud among ICO teams and the emergence of many useless tokens, this is still the most effective way to develop cryptocurrency. The market itself will filter out useless coins and tokens and leave only promising and in demand. So let everything go on as usual. A lot of coins and tokens do not exist. They will work mainly in their narrow niches in our diverse activities and improve our quality of life.

[Barinerro]

I need to be able to more altcoins due to the fact that the chance to earn in the market will increase rather than keep in 3 coins and wait for growth, I myself adhere to the strategy and buy about 10 coins

[trickyriky]

I do not think that it is worth buying as many altcoins as possible, as this will not do any good, but you can not also invest only in one or two altcoins, as it is better to diversify your risks and invest in several good coins.

Yes, it will be useless. However, you need to study the market and concentrate on the best 10-15 altcoins that will bring you the profit in the future. For example: TRON, Cardano, Gladius, Credits, and NEM.

[heartthew]

As for me it is better to stick to more conservative views in this market because the market is unstable and very risky and using a risky strategy becomes more dangerous !

[Ini35]

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 few or many altcoins is not the most important thing, but that the first thing to consider is the nature of coin or coins you are holding. If what you are holding are shit coins, then you have to be careful and find away to sell them off. Then it will also be good for you to be able to do proper followup for the coins you are holding. Just hold the number you are able to manage.

[LDenis555]

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 believe that in the cryptocurrency portfolio of everyone who is interested in cryptocurrencies should be a lot of different coins, not a couple of three. The more different coins, the more likely that some of them will shoot and bring all the coveted cherished xxx.

[desticy]

Personally, I am a supporter of diversification in all its manifestations. I have already made enough mistakes in investing in only one or two projects, which as a result did not bring me proper profit. Now I try to invest not only different projects, but also in different investment areas.