coinplus
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May 10, 2018, 02:51:34 PM |
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How many cryptos should Ihave in my portfolio? Are there one recommended diversification ( like having 3 or 4 coins) ?
It depends on how much money will you use. If you have small amount of money to use then you need to buy few coins (like 2-3 will do) then if you gain some money, invest it on another coin. You can buy a coin one at a time if you want. I recommend to buy like 4-6 or 7 coins max for long term maybe. That is what my mentors said so I will say it to you also Yes, the money you have to spread across board, how much you wish to invest per coin is some of the things that would give you the idea of what to do. Everyone have their own way of doing things generally, and the ocean is so big that you will have a lot of good coins to pick from, but the thing here is that, no one knows the future and it is best to deal with what you can handle per coin and as long as you have done research to know the future potential of what you are holding, that is what is important mostly.
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btccrusher
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May 10, 2018, 03:07:50 PM |
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Is there any limit? What purpose are you making a portfolio? Use as you want, the money you invested in different currencies is your portfolio. That can be made with tow/three coins or even with more than twenty coins.
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MDLuffy
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May 10, 2018, 03:50:01 PM |
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In the present society there are many ways to get rich, many items to invest money such as investment in real estate, real estate, securities. But now there is a new investment channel and a lot of money is invested in virtual currency including BTC. The development of virtual currency and BTC makes it worthy of higher value and bring more people to invest in the rich, but be a smart investor.
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leow
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May 10, 2018, 05:10:59 PM |
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It all depends on your ambitions and desire to earn. Every day there are more and more promising projects that can make hundreds or thousands of percent profit in one year. If you hold 2 or 3 coins, it is very likely that they may not be very successful, unlike others. If you have capital, then distribute it as much as possible in more coins. Personally I have about 70 coins. And this is not the limit, as the appearance of interesting projects, I replenish my portfolio.
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darewaller
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May 10, 2018, 05:35:32 PM |
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I would keep most of my money in BTC and ETH. Be careful with altcoins. They are more volatile than bitcoin.
The whole market generally is extremely volatile and there is nothing we all can do about it. However, the thing here is that it is best to at least put your funds in what you can monitor and for an investor that is looking at the long term, just 2 of these coins may not really give the vibes you want with respect to profit but for sustainability in the long term. Just few coins can really give this like you have said, with BTC and ETH being the top on the list and the others are just there somehow begging for recognition except for being pumped and dumped at the slightest chance investors get.
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ivrynx
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May 10, 2018, 11:11:52 PM |
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How many cryptos should Ihave in my portfolio? Are there one recommended diversification ( like having 3 or 4 coins) ?
That is a good start if you already have four coins, diversification is still much better than putting all your money into one investment, since once that single coin drops, all your your investment goes down, but if you diversified, once one coin drops value, the others can compensate, but don't just rely on four, explore all your options, make sure you also diversify into types of coins, there are POW coins, which are being mined, this coins a great for trading, as i'd experienced it, still keep on buying bitcoin, then also look for POS coins, these coins keeps on staking on your wallet, from the original number of your coins, once it stakes, you will receive rewards of the coin and be added to your wallet, just make sure that the coins you have is a great project so in the long run, the value will grow, also invest in masternodes, in this way you can help the devs in coin creation and in return you will be given rewards. A sample of POW coins are bitcoin and ethereum, for POS coins, some laso have masternodes like digiwage and can also give you a positive passive income.
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rafaelyarulin
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May 11, 2018, 09:37:40 AM |
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Before you spend money on buying digital coins, you need to know how risky such investment results, that can be expected of them, in what currency it is more profitable to invest. And before this I recommend to study material that is cryptocurrency, as successful investment in it. Later, all this will solve the correctness of your choice, quantity and variety of coins. It is important to use in choosing profitable cryptocurrency, which doesn't lead you to losses. And you can choose only evaluating it on multiple factors by studying the crypto-box. This for you no one will make.
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Dudeperfect
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May 11, 2018, 03:59:22 PM |
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To be honest, it differs from person to person but generally, I would recommend holding at least 20 different options in the portfolio having not more than 5% weight for each option. Thus even in the worst case scenario would not lose much of his capital due to diversification in a high number of options. I have seen people doing it in the case of stocks too. Again, if the investor is confident about his investment decision then 5 options are enough for him but diversifying in a high quantity reduces the risk.
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DMCR lah
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May 11, 2018, 04:08:19 PM |
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portfolio is a collection of documents of a person, group, institution, organization, company or the like that aims to document the progress of a process in achieving the goals set.
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spartak-sbk
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May 11, 2018, 04:57:54 PM |
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Bce зaвиcит oт вaшeгo нaчaльнoгo кaпитaлa, я бы пocoвeтoвaл вaм нaчaть 2-4 мoнeты. Для нaчaлa вaм бyдeт дocтaтoчнo и этoгo.Bыбиpaйтe и вклaдывaйтe в ycпeшныe пpoeкты.
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Hell-raiser
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May 11, 2018, 05:17:37 PM |
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How many cryptos should Ihave in my portfolio? Are there one recommended diversification ( like having 3 or 4 coins) ?
There's no comprehensive, one size fits all kind of answer. Personally, I'm with Warren Buffett on the matter of diversification who is known by saying that if you have a harem of 40 women, you never get to know any of them. To me, diversification for the sake of diversification is meaningless, which will turn out detrimental to your capital in the end. In essence, when diversifying your portfolio, you should know what you are doing. This is not possible unless you have an in-depth, insightful knowledge and understanding of every asset you are going to add to your investment stack (which is what Buffett talks about). Otherwise you will likely see the opposite of what you are looking for, and instead of increasing your profits and decreasing your risks, you will actually intensify your exposure to market quirks and twists.
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ahmad21
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May 11, 2018, 05:24:36 PM |
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It all depends on various factors. I mean you can't say that this much of coins are okay it depends on the current situation in the market. Like if you see all the coins have an upward tendency you might want to diversify in many options to gain as much as you can while if you think that market is too bearish people often tend to keep only one or two options in hand. While if the market is settled you go for somewhere in betweek. But ideally and normally I feel 4 investments are absolutely accurate depending you have a normal trading amount in your hand. Infact even most of exchanges have option of investing directly 25% of your total sum in any trade which makes it even easier.
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cellard
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May 11, 2018, 06:22:30 PM |
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The ideal crypto-portfolio is one that follow's Pareto's law applied to allocation of capital, namely, one that is at least 80% of exposure to Bitcoin.
So:
-80% BTC -20% a couple of good altcoins
Of course, "good altcoins" is a very limited amount, as you should. Mindless diversification will get you nowhere, specially when most investors are playing with their mom's weekly wage.
If you want to be serious about this, you need a decent capital to start with, and put it into Bitcoin.
If you want to be more extreme, research altcoins and assume the added risk.
Personally, a good altcoin speculation in my book is Stakenet. Once ETH goes PoS, I predict a pump. Their TPoS technology could pump the price and get it into new all time highs, it's pretty bottomed at around 3k-4k sats.
But always remember that BTC is the only long term sane hold.
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darkangel11
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Don't let others control your BTC -> self custody
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May 11, 2018, 07:29:12 PM |
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I think that you shouldn't focus so much on differentiating your crypto portfolio as you should on differentiating in general. What I mean by that is that BTC is leading the way and other coins are following, especially the main ones like ETH or LTC. If BTC goes up the rest will do as well, so it doesn't matter that much if you own 20% BTC, 20% LTC and so on, as long as you have BTC. The risk is similar for all of them and even bigger the less popular coins you're getting into.
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5ensei
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May 11, 2018, 11:12:11 PM |
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How many cryptos should Ihave in my portfolio? Are there one recommended diversification ( like having 3 or 4 coins) ?
3 or 4 is a small number, but it depends on how many funds you have available to invest. The good thing about diversification is that altcoins are notoriously hard to predict when it comes to prices, so keeping a wide range from stable coins (NEO, LISK) to riskier high potential coins (WAGERR, XSPEC) will maximise the chance for gains
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aencarnaci
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May 12, 2018, 05:19:25 AM |
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Is there any limit? What purpose are you making a portfolio? Use as you want, the money you invested in different currencies is your portfolio. That can be made with tow/three coins or even with more than twenty coins.
There is no issues I believe in sharing one’s portfolio or you can say the collection of coins. Here are many crypto experts on the forum and they can guide him or her in a better way regarding the collection of coins. There are certain coins that are worth holding for long time but others are just wastage of time. They could be used for trading and other such activities.
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riboku0105
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May 12, 2018, 07:10:09 AM |
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I divide my portfolio into three groups: Group 1 coin top (including coin top 20 coinmarketcap). Group 2 potential coin (Coin platform high value application), Group 3 coin to trade (often trade trade but coin range fluctuations can yield 20-30% profit)
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Ranly123
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★777Coin.com★ Fun BTC Casino!
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May 12, 2018, 07:12:45 AM |
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How many cryptos should Ihave in my portfolio? Are there one recommended diversification ( like having 3 or 4 coins) ?
It could be unlimited as long as you have the resources to invest in every crypto you want. It's safe since portfolio only serves as you monitoring medium, just makes sure your wallet is safe to avoid being hacked.
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jakelyson
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May 12, 2018, 07:56:38 AM |
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How many cryptos should Ihave in my portfolio? Are there one recommended diversification ( like having 3 or 4 coins) ?
Get as much as your budget will allow you. Crypto is a good short term investment right now and we should take advantage of it. It is always recommended to diversify your portfolio so to minimize your risk. I suggest get the top coins for your portfolio.
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gambitcoin53
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May 12, 2018, 08:02:23 AM |
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How many cryptos should Ihave in my portfolio? Are there one recommended diversification ( like having 3 or 4 coins) ?
Ideally, a trader should have at least 2-3 crypto on his portfolio, having so much would be so toxic, it requires more of your time and needed more focus on you. Btc, eth amd ditcoin i think for me is good, being the top coins nowadays, it should definitely be on you portfolio
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