modamo
Member
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Activity: 249
Merit: 10
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October 08, 2018, 05:11:10 PM |
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My opinion it's better to hold about 5 top coins at least. But it's better to be very careful while choosing right coin. I advice to buy with big value.
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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virtfund
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October 08, 2018, 08:11:43 PM |
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Divide your money in three parts. One for BTC, another for ETH, and the last one for altcoins. Number of altcoins must not exceed three. These three altcoins must be choosen carefully.
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serjent05
Legendary
Offline
Activity: 2842
Merit: 1255
Cashback 15%
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October 08, 2018, 08:24:49 PM |
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You can collect as much as you want as long as you have the means to acquire them. Anyway, you dont just have to buy them all but you can also earn some of them in exchange for your labor. One thing good i like with crypto is it is not controlled by anyone, not limited and not owned by any institution or government so i can do what I want, collect as much as I want and experiment with every coin i have. I can only say you gotta be free and explore.
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CASINO & SPORTSBOOK
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Finestream
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October 08, 2018, 10:00:28 PM |
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You can collect as much as you want as long as you have the means to acquire them. Anyway, you dont just have to buy them all but you can also earn some of them in exchange for your labor. One thing good i like with crypto is it is not controlled by anyone, not limited and not owned by any institution or government so i can do what I want, collect as much as I want and experiment with every coin i have. I can only say you gotta be free and explore.
Right.As long as you have enough money on hand,then you can buy all the potential coins you think.After all,its you who will manage them all in a right manner.Just don't forget to buy more on bitcoin and ethereum because they are still the topmost crypto coins and you will still gain huge profits from them in the right time. |
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Nellayar
Full Member
Offline
Activity: 868
Merit: 185
Roobet supporter and player!
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October 08, 2018, 10:12:20 PM |
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How many cryptos should Ihave in my portfolio? Are there one recommended diversification ( like having 3 or 4 coins) ?
I advise you to divide your portfolio into 33% which means having a maximum of 3 coins. If you will have large numbers of hold coins, definitely you cannot handle it or there is a tendency that you will lose. If you are just starting, you can set your target profits to the coins you have and buy another set of coins so that, you can hold it again. |
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tabas
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October 08, 2018, 11:51:20 PM |
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It depends on the choice of coins you have. You got hundreds of worthless alts, you got the quantity but never the quality. I'd rather have few alts with good volume and bitcoin. Around 1-5 coins on my portfolio with solid value of $$ in total.
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gambitcoin53
Member
Offline
Activity: 378
Merit: 25
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October 09, 2018, 12:39:46 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 really depends on how much money you have in your pocket or wallet, may be big or small, as long as it does not belong to your savings, you should invest money that you are willing to take risk, because crypto trading is not that unstable in terms of price because of the volatility of its market price, some even invest their money that came from loan, if you are well enough to trade and knows the ins and out, you can invest as much as you can, but it is still best to invest money that you are willing to loose in case of a dump. |
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BigTeeths
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October 09, 2018, 12:47:51 AM |
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I remember owning almost 50 several altcoins when the market is alive but now I'm just holding more or less than 15 altcoins. In this current condition of the market, it's best not to buy so much and just hoard the promising ones. 10 altcoins would be fine and 5 if you still don't have much experience.
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t3ChNo
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October 09, 2018, 01:12:33 AM |
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It's really up to you which coin you should have. Aside from investing, also join those airdrops. You'll never know if a coin moons.
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spongegar
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October 09, 2018, 05:01:29 AM |
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In my opinion, if you're just starting out, I'd keep about 2-3 coins max. Then when you can gwt the handle on the market move on to 5-8. I myself keep 10 coins at the moment but I'm heavily invested on top crypto currencies and just a few alt coins that I'm keeping an eye on. No matter how many coins you got, all that matters is potential.
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el kaka22
Legendary
Offline
Activity: 3514
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
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October 10, 2018, 07:12:28 PM |
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I remember owning almost 50 several altcoins when the market is alive but now I'm just holding more or less than 15 altcoins. In this current condition of the market, it's best not to buy so much and just hoard the promising ones. 10 altcoins would be fine and 5 if you still don't have much experience.
I have never held more than 30 coins actually but sometimes, I usually go a little above if I see some market opportunities and some chances of huge gains. At the end of it all, it actually depends on how well you are going to go with your investment and all depends on your pocket a whole lot too. I have always noticed that as long as you have your list of the coins you know have potential and you are at least able to eliminate based on some higher level of prospect which you see and you also have enough money to be able to spread the risk across board, you can decide to go for as many as you can handle at once, but usually it takes monitoring the progress of a coin to be able to do right as an investor and if you are holding just too much, the ability to do this may reduce. |
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damba_
Jr. Member
Offline
Activity: 150
Merit: 3
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October 10, 2018, 08:05:21 PM |
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I have 15 different coins in my protfolio.
Before I stopped mining I decided to mine several coins with low difficulty and I am not planning to sell them until they are worth something.
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nightfury
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October 10, 2018, 11:57:39 PM |
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There is no limit of cryptocurrencies that you should put in your portfolio as long as you have the money to invest on them. The more diverse your portfolio becomes, the bigger the chances of getting a very good profit out from it too. One thing you should keep in mind is to hold whenever the market crashes.
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███████████████████████ ▀▄ Platio ▄▀ ███████████████████████
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BlueStackz
Legendary
Offline
Activity: 1204
Merit: 1028
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October 11, 2018, 07:05:35 AM |
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How many cryptos should Ihave in my portfolio? Are there one recommended diversification ( like having 3 or 4 coins) ?
There is no limit to how many cryptocurrencies you can buy, you are free to buy as much as you want. The only thing you should have in mind is that more coins means more money, so if you are going to buy a lot of coins you really need to have the money to do so. If you don’t have much money then it will be best if you just buy a few coins. And I will recommend Bitcoin, XMR, Ripple, Ethereum, NEO, Litecoin and BCH. I think these are the ones that are trending in the market now, so you choose any of them. |
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Tynovten_
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October 11, 2018, 08:10:46 AM |
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There are no limits to owning, you only need to see some potential. The risk must exist but high risk will be proportional to the results you will get. But some people have mandatory coins like btc and eth
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PETES
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October 11, 2018, 10:41:26 AM |
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I have 15 different coins in my protfolio.
Before I stopped mining I decided to mine several coins with low difficulty and I am not planning to sell them until they are worth something.
Considering you're planning to hold this for long term then 15 coins is still good but if it's either for short to mid term then you'll just be messing your own life. Diversion is essential but too much coins isn't profitable anymore. |
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erominer
Newbie
Offline
Activity: 155
Merit: 0
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October 11, 2018, 10:56:33 AM |
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2-3 is what I think the sweet numbers since having to much numbers of crypto in your portfolio will be a bit messy especially if are new to trading them but if you think you can manage more than that then having 5 -6 be the maximum
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KingdomHearts
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October 11, 2018, 11:04:41 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 really depends on how much money you have in your pocket or wallet, may be big or small, as long as it does not belong to your savings, you should invest money that you are willing to take risk, because crypto trading is not that unstable in terms of price because of the volatility of its market price, some even invest their money that came from loan, if you are well enough to trade and knows the ins and out, you can invest as much as you can, but it is still best to invest money that you are willing to loose in case of a dump. Even if you have so much in your pocket, it is always advisable to go with the number of cryptocurrencies you know you can handle at once. Sure, for long term investors, the ability to hold as many as possible will always be there anyway as long as they believe in the long term of the project they are holding which is something that is necessary to know before even investing into any project. In this case, they can as well just build up their portfolio; allocate certain percentage of resources to this portfolio as the case may be. So at the end, it just personally depends on you and for sure, your pocket will also determine a whole lot as well. |
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ivandu
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October 11, 2018, 11:46:23 AM |
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I have more than 200 cryptocurrencies in my portfolio. Thanks to KuCoin and airdrops  that is soo much, maybe if some of them rise sharply you will earn much money.or atleast btc rate rise again maybe your asset worthed more than 1 btc. |
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PETES
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October 11, 2018, 12:47:11 PM |
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I have more than 200 cryptocurrencies in my portfolio. Thanks to KuCoin and airdrops that is soo much, maybe if some of them rise sharply you will earn much money.or atleast btc rate rise again maybe your asset worthed more than 1 btc. I doubt that, as what he said thanks to KuCoin and airdrops so technically mostly of it are worthless so there's no way it will be worth 1btc. All of these 200 tokens will be nothing but a reminder of how shit the market. |
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