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My Portofolio for a X 20 min in 1 year
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Topic: My Portofolio for a X 20 min in 1 year (Read 204 times)
bhantom
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Re: My Portofolio for a X 20 min in 1 year
March 29, 2018, 08:57:36 AM
#21
You have a huge amount of coins. In my opinion you should sell part, because it will be very hard to control everyone at once. There is some good coins but too much for one person
BTCLovingDude
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BTC to the moon is inevitable...
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Re: My Portofolio for a X 20 min in 1 year
March 29, 2018, 09:18:30 AM
#22
there is basically two big problems with this kind of investment. when you put your money in A LOT of altcoins you are opening yourself to a lot of problems.
for starters storing different altcoins will become a nightmare at some point and storing on exchanges is not an option unless you want to wake up to $0 one day.
then you are making it nearly impossible to track the changes of each coin and you won't be able to react to them when you have so many of them!
and finally the most obvious problem is that you think you are diversifying but you are not really! simply because the coins move together most of the times. for example you can see all of them are getting dumped hard right now so you really didn't diversify or reduce any risks! you just added some complications to your investment.
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