Whats better holding many coins or fewer coins?

[slaman29]

We still have old projects that people will shift their attention to later in the future when the table turns, because I am not much impressed with newer projects has they having nothing that much to really offer.

I'm 100% on with this. There are a LOT of old projects that are still holding onto a lot of potential. I myself I got into them 2 years ago and they disappointed me with how they performed in terms of price, but they did not disappoint me in other terms of growth, adoption and development. Their time will come, not just the established ones like Litecoin or Monero, but also the ones sincerely developing like even Byteball.

[welchmgra]

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 a lot of coins can be useless most of the times. Having so many coins that you can't even monitor properly or get proper information on all of them is really a waste of time  it is best to invest in few coins that are worth your investment, and the ones that you can easily keep track of and know what's happening in the market and be able to take any action you want quickly. If you keep on investing in small coins you will just end up with loss. I've seen someone that did that and all he got was huge loss, so he had to sell all the altcoins and then invest the little remaining money in Bitcoin. You can even choose Bitcoin alone.

[spike420211]

As they say in one famous book, 20% of our actions give us 80% of the result. With coins in the same way. It is better to keep the top 5 coins than 30 different. Diversification is good, but it must have its limits. The more coins you have, the harder it is to manage them, the more mistakes you will make and lose on it.

[breathlessz]

As they say in one famous book, 20% of our actions give us 80% of the result. With coins in the same way. It is better to keep the top 5 coins than 30 different. Diversification is good, but it must have its limits. The more coins you have, the harder it is to manage them, the more mistakes you will make and lose on it.

right, the more coins, then we will be difficult to manage. and of course more time will be needed to examine the coins one by one. therefore focusing on a few coins will maximize our analysis, so that our analysis is more accurate

[Hughes_Ryan]

It should be much easier for the coin with a lower market cap to make much more gains than with Btc, right?

Not really. Most coins with small market capitalization are new coins, my own, I will not choose such coins to adventure with higher risks. A little variety, and don't forget to give maximum priority to BTC and ETH. I will not trade it all as a gamble.

[TheUltraElite]

right, the more coins, then we will be difficult to manage. and of course more time will be needed to examine the coins one by one. therefore focusing on a few coins will maximize our analysis, so that our analysis is more accurate

Why would you even focus on hundreds of coins? If you are trying play a lottery with so many shitcoins and see which one goes up then be my guest, buy every koolaid propaganda shitcoin out there and increase the quantity of your portfolio instead of focusing on the quality of your portfolio. People need to stop listening to promotional content which is posted on social media and platforms like youtube promoted only by bagholders ready to dump their coins.

The more time you spend analysing your shitcoin stash the more time you waste which you could have used in doing something more fruitful.

[cryptoknightt]

As they say in one famous book, 20% of our actions give us 80% of the result. With coins in the same way. It is better to keep the top 5 coins than 30 different. Diversification is good, but it must have its limits. The more coins you have, the harder it is to manage them, the more mistakes you will make and lose on it.

right, the more coins, then we will be difficult to manage. and of course more time will be needed to examine the coins one by one. therefore focusing on a few coins will maximize our analysis, so that our analysis is more accurate

Having lots of coins will not guarantee you can always get a profit, the most dangerous thing is that you save too much coin and the price falls a lot so it will make you lose a lot.

[Aivaryamal]

Your thoughts are correct, but you need to carefully approach the selection of tokens with a small capitalization and a small price,although they have a potential higher, but the top crypto-currencies have a more reliable support

[Snaic]

It seems to me that you can have minimal risk and invest your money in more familiar cryptocurrency, which have common known results.  I'm talking about Bitcoin and ethereum.  To date, analysts predict a certain growth, including for ethereum.  Today, the price is approaching $ 290, and if in the near future the ethereum reaches $ 300, it will easily add $ 325.  For those who invest today, there will be a very good indicator for income.  For those who want to take a chance, today there are quite a few promising projects that need investments.  This is BNB, Monero, Energi, Dash and ReddCoin, as well as many others.

[logicgate]

As they say in one famous book, 20% of our actions give us 80% of the result. With coins in the same way. It is better to keep the top 5 coins than 30 different. Diversification is good, but it must have its limits. The more coins you have, the harder it is to manage them, the more mistakes you will make and lose on it.

right, the more coins, then we will be difficult to manage. and of course more time will be needed to examine the coins one by one. therefore focusing on a few coins will maximize our analysis, so that our analysis is more accurate

Having lots of coins will not guarantee you can always get a profit, the most dangerous thing is that you save too much coin and the price falls a lot so it will make you lose a lot.

  I know people who have been investing in one or two coins since long and those coins have been making some good money for them. I think that it is never about the number of the coins but the fact that if the coins you have are profitable. If you have invested in the right coin, you would be very able to make good money and there is no need to go for other coins. However, for the purpose of diversification, you could do so.

[mamahdedeh]

As they say in one famous book, 20% of our actions give us 80% of the result. With coins in the same way. It is better to keep the top 5 coins than 30 different. Diversification is good, but it must have its limits. The more coins you have, the harder it is to manage them, the more mistakes you will make and lose on it.

right, the more coins, then we will be difficult to manage. and of course more time will be needed to examine the coins one by one. therefore focusing on a few coins will maximize our analysis, so that our analysis is more accurate

Having lots of coins will not guarantee you can always get a profit, the most dangerous thing is that you save too much coin and the price falls a lot so it will make you lose a lot.

  I know people who have been investing in one or two coins since long and those coins have been making some good money for them. I think that it is never about the number of the coins but the fact that if the coins you have are profitable. If you have invested in the right coin, you would be very able to make good money and there is no need to go for other coins. However, for the purpose of diversification, you could do so.

enough with a few coins in the top rank, we will be easy to learn. for beginners it is very easy, trusting bitcoin and ethereum may be enough. and if you want to learn to trade, use a small portion of your capital to buy other coins according to your analysis

[Aivaryamal]

This is a good question, because every investor once begins to doubt when he sees that other assets are growing more than those in his portfolio, but you need to understand that they should not grow the same way and you need to count on a long-term period

[normanderecho]

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?

If you're still yet started into crypto better for you to invest in your best choice asset, let say bitcoin which is most trending coin now among other form of crypto. You can diversify investment in crypto once, you felt like you have enough knowledge with it, like executing buy and sell token or coin in different crypto exchanges site.

[jhonjhon]

Its okay to have many coins but choose those coins that is on top of the list and don’t get too many coins because you might not be able to manage all of them. You can get 1-3 coins in your portfolio but if you think you can manage more then you can add more just make sure you are able to manage them correctly because if you don’t then it will only be a watch of time and money.

[guoyu78]

This is a good question, because every investor once begins to doubt when he sees that other assets are growing more than those in his portfolio, but you need to understand that they should not grow the same way and you need to count on a long-term period

It is not a bad idea to diversify into different assets, but provided those assets are quality assets, because it will be a waste of time to store lots of assets in a portfolio for years and watch them standstill without increase, we are all holding this assets for the chance of having an increase in our investment, if it is just a coin that we are sure of making our savings increase, then it’s fine.

What matters most is that we make enough research and be so sure that we get coins that have working products, because only coins with working products are the ones that will continue to grow in value even when the coin is being dumped.

[Aivaryamal]

This is a great question and everyone will doubt whether he chose the right assets in his portfolio, because the world of investment is hard to predict the exact behavior of the price and therefore it is better to diversify it

[Dicentral]

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?

It all depends on how much you want to choose to keep where. The market is unpredictable so you cannot say for sure what is better. If you really trust bitcoin then it is better to HOLD and keep it as an investment for the future. But if you are here for making instant gains go for trading.
Also, go for coins with higher market caps as it is not just about gains but also security!

[jakoylantern]

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?

For me, you can try it all as long you can afford to lose that money that you invest, not telling you to make some stupid move to spend your money. But sometimes its a good move for investment. If you have 50k and want to trade, you can try buying into the small that is much affordable now and sometimes a higher profit if theirs plenty of good news. Also, you can gain a piece of knowledge and new techniques in some affordable way. But if you genuinely want to gain a higher amount I think bitcoin can still surprise you. Anyways just trust your self and your instinct.

[EXtremeAEX]

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?

This question doesn't have a clear answer. On the cryptocurrency market, some things defy this logic. The first thing you should pay attention to is diversification. This is a very important aspect, without which it is difficult to be a successful trader. You must divide your deposit into several parts. Personally, I prefer to divide it like this: 40% in Bitcoin, 20% in the ether, 20% in altcoins and 20% in usdt. At the moment for me this is the ideal proportion. But depending on the overall market situation, I can change my view on distribution.

[TheCBF]

Do both. Spread risk. Hedge. Just like stock trading and management of any 'traditional' portfolio.

The problem with buying and holding a small cap alt coin is it's just like trying to trade on Penny Stocks.

They seem attractive as it's easier to double your money on a $0.001 value coin (or stock) than on something that's priced at say $100. They seem doubly attractive as you get so many for your money and if they go up you can get a 1000x or 10,000x return.

The problems with this idea, as many have pointed out, is liquidity and volatility risks (along with scams, lack of regulation, ...). There is a very great probability that liquidity (money in the market to buy and sell the token) is being provided by a small number of holders and can be taken away at any time. When they buy in the price jumps, when they sell it plummets. This is in part where the volatility comes from. It's the same effect from pump & dump sessions we see initiated in so many Telegram groups.

However, just because a token is inexpensive doesn't mean it's not one to buy into. If it has a great business case / use case, a solid team backing it, etc. and you understand the field or want to support investment in that area - then buy in and hold through the rough times. History is littered with missed opportunity from startups that no one realised would become so huge. Apple ($0.46 in 1986) beating Microsoft ($0.11 in 1986) or say Coca Cola that never got above $1 until late 1985.

Ok, even for oldies like me the 80's feel like the distant past, but we all wish we'd spotted those and bought shares, we'd be billionaires by now. It's the same with crypto. You can trade the swings, pump & dump or get in at the ICO/IEO and probably lose money - or you can evaluate them against your trading model, invest and hold (so long as the rules of your trading model aren't breached). This is what I personally (i.e. not as a member of the CBF) have done with XRP and PBL. Two very different projects in very different spaces, but I understand the market and feel the projects are sold. Now we wait.

However, do NOT put all your money into small caps / alts unless you love risk and can take the loss of all your capital. Buy into the major projects that might grow more slowly but are more certain to succeed in the long run. That would be like buying into say BP, pretty boring, slow but safe and if you get minced on your alts, these should provide gains enough to offset them.

Don't gamble, hope is not a strategy - analyse, plan then invest.

CBF