emberbekas
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Activity: 1904
Merit: 1000
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June 12, 2019, 04:11:35 PM |
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Holding fewer coins but only on the best coins like bitcoin and ethereum, in my opinion, would be more comfortable than holding lots of coins but on the new ones. Moreover, the progress of bitcoin and ethereum are more easily to be monitored because of their popularity.
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LimLims
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June 13, 2019, 10:39:36 AM |
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I know the question sounds stupid.
But my questions is, if i have 50k should i rather invest in bitcoin, ethereum or a other high market cap coin compared to a small market cap coin were i could almost own 0.1% if the coin supply is 1 billion and trades at 5 cent.
It should be much easier for the coin with a lower market cap to make much more gains than with Btc, right?
Listen dude, Are you seeking for the opinions of different people, then it will vary. According to me it will be profitable to you, if you hold less amounts of coin. I would also advise you to choose the most stable coins. In that way if the price also falls down, then you won't face losses. Good luck mate. |
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CryptoPowerL
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Activity: 358
Merit: 29
ASO Service
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June 13, 2019, 03:19:58 PM |
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What are you buying cryptocurrency for? To make a profit or look at the number of coins? I advise you to buy different coins, do not buy only one, so you diversify risks.
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Xalata
Member
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Activity: 266
Merit: 10
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June 13, 2019, 10:26:20 PM |
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I think it is better you buy a few coins which you can monitor than having a lot of coins that you might lose track of. Its better you bite what you can chew, than you losing a lot of money.
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adzino
Copper Member
Hero Member
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Activity: 3024
Merit: 576
www.Crypto.Games: Multiple coins, multiple games
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June 13, 2019, 10:36:31 PM |
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I would say it is better to hold fewer well known coins rather than holding a lot of shit coins together. If you hold a lot of coins, there is a high chance you will lose track of your coins and their progress. Again, it also becomes hard to handle those coins (lots of wallets to take care of). Also, there are high chance of making a loss in your investment. But, if you hold fewer well known coins, then everything becomes easier from handling those coins to keep track of your profit/loss. Again, less chance of making loss, so it is less riskier to hold those coins.
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Finestream
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June 13, 2019, 10:46:07 PM |
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I would say it is better to hold fewer well known coins rather than holding a lot of shit coins together. If you hold a lot of coins, there is a high chance you will lose track of your coins and their progress. Again, it also becomes hard to handle those coins (lots of wallets to take care of). Also, there are high chance of making a loss in your investment. But, if you hold fewer well known coins, then everything becomes easier from handling those coins to keep track of your profit/loss. Again, less chance of making loss, so it is less riskier to hold those coins.
Right.I agree.There is so much advantage if you chose to hold few potential coins than holding a lot of coins and some of them only end up shitcoins.Atleast it won't bring you too much risks and you will have your whole focus on the potential coins you are holding.In this way,there are higher chances that you will surely end up gaining high profits and got to enjoy them. |
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nydiacaskey01
Legendary
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Activity: 1834
Merit: 1036
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June 13, 2019, 11:28:33 PM |
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I know the question sounds stupid.
But my questions is, if i have 50k should i rather invest in bitcoin, ethereum or a other high market cap coin compared to a small market cap coin were i could almost own 0.1% if the coin supply is 1 billion and trades at 5 cent.
It should be much easier for the coin with a lower market cap to make much more gains than with Btc, right?
I wouldn't buy a lot of coins because you will have a hard time monitoring the progress of your investment. In my opinion, you can focus on at least 5 coins including Bitcoin. Imagine of you are monitoring 10 coins and only 3 are giving your profits and the rest are giving you nothing but losses. You need t monitor the projects of those coins, developments and progress. That is on top of the daily updates in cryptocurrencies where one fake news can cause a wide spread drop of price of all coins. |
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bangjoe
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June 14, 2019, 02:37:22 AM |
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I wouldn't buy a lot of coins because you will have a hard time monitoring the progress of your investment. In my opinion, you can focus on at least 5 coins including Bitcoin. Imagine of you are monitoring 10 coins and only 3 are giving your profits and the rest are giving you nothing but losses. You need t monitor the projects of those coins, developments and progress. That is on top of the daily updates in cryptocurrencies where one fake news can cause a wide spread drop of price of all coins.
better simplified in 3/4 main coins, especially for coins that focus on pair trading. btc is the main point in this case and then bnb can be the second alternative. the rest can focus on coins with a lower marketcap with a short trading ratio. The technical aspects, as well as the fundamental news as you say are very important. |
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Thanasis
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June 14, 2019, 05:05:35 AM |
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I know the question sounds stupid.
But my questions is, if i have 50k should i rather invest in bitcoin, ethereum or a other high market cap coin compared to a small market cap coin were i could almost own 0.1% if the coin supply is 1 billion and trades at 5 cent.
It should be much easier for the coin with a lower market cap to make much more gains than with Btc, right?
Holding the fewer coins is best when the coin you are holding contains the best of crypto currencies.There is no assurance here that any coin will each this much level of price in future so we are investing based on our own risk,you also hold the coins if you know it better that it will give profits no matter of how many coins. |
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Aivaryamal
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June 14, 2019, 05:21:56 AM |
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Now it is necessary to consider for the purchase of digital assets such projects that have a small capitalization, a promising product or service and a small number of tokens released into circulation, they can give a good growth
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Distinctin
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June 14, 2019, 06:23:11 AM |
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I think it is better you buy a few coins which you can monitor than having a lot of coins that you might lose track of. Its better you bite what you can chew, than you losing a lot of money.
This is a correction suggestion, there's a lot of changes in the project, you should be monitoring it properly, hence buying few coins will be easy for you to monitor as long as you are buying a high potential coin, this could result to a huge profit in the long run. Big project normally delivers great result, especially if you hold longer as its development will surely continue. |
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DarkIT
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June 14, 2019, 07:01:28 AM |
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Now it is necessary to consider for the purchase of digital assets such projects that have a small capitalization, a promising product or service and a small number of tokens released into circulation, they can give a good growth
I think, focusing on a few coins will make it easier for you to control the profits of the coin. well, maybe the advantage of having lots of coins is to allow one to pump. however, I prefer to hold only a few special coins. it can be easier to control, whether to prevent risk, or encourage profit. |
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ethersalvation
Jr. Member
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Activity: 93
Merit: 1
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June 14, 2019, 09:05:37 AM |
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50% bitcoin, 30% eth, 20% mixed of 5 coins. I would act in this way if I were a beginner.
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silver23
Member
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Activity: 574
Merit: 10
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June 14, 2019, 09:57:09 AM |
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I think if you just want to holding for long-term Investment BTC , ETH and BNB is the best for you.
Don't hold many coin and just take coin who will make good growth next time.
50% BTC 30%ETH and 20%BNB is the best choose.
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agatha90
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June 14, 2019, 02:08:17 PM |
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For prices we can choose stable coins, but remember not for the long term. You can invest a maximum of 2-3 weeks. For the long term, bitcoin remains the top choice.
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TobiasVR
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June 14, 2019, 03:27:52 PM |
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Holding fewer coins but only on the best coins like bitcoin and ethereum, in my opinion, would be more comfortable than holding lots of coins but on the new ones. Moreover, the progress of bitcoin and ethereum are more easily to be monitored because of their popularity.
the safest risk is also to hold a few coins but have a good future like ethereum and bitcoin, but there may be some other coins which are also still good for holding in large quantities like litecoin, neo and cardano. I think doing a lot of holding is not a problem as long as the coins are still potential. |
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wumBowo
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June 14, 2019, 03:44:16 PM |
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if i'm going to hold, i prefer to hold a fewer coins and even might only one coin, easy to monitor and managing the risks.
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logicgate
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June 14, 2019, 06:38:16 PM |
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if i'm going to hold, i prefer to hold a fewer coins and even might only one coin, easy to monitor and managing the risks.
If you are conscious about factors like the market cap, profitability and liquidity, you would prefer to HODL few coins than hodling actually a large volume of coins that are not really good when it comes to profitability. In other words, if you have coins like Bitcoin, ETH and Ripple or maybe Litecoin, you would be better off than having many but with low growth prospects. |
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bitcon
Legendary
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Activity: 2212
Merit: 1008
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June 15, 2019, 07:38:27 PM |
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if i'm going to hold, i prefer to hold a fewer coins and even might only one coin, easy to monitor and managing the risks.
There is no answer to this question. It depends on the market. For example, when it is down, you should hold all altcoins that you have. Besides, the portfolio should contain at least 10-15 tokens and Bitcoin. |
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HatakeKakashi
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June 16, 2019, 07:49:31 AM |
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Both is better because even you invest to high market cap still high chance to gain more profit also to the low market cap you can get more profit too. This two have good and disadvantages . For the low market cap your money possible to gain more but do you think the coin will potential? In the high market cap we know the coin is potential but the price turn into double takes long time.
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