BUK2016
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June 16, 2019, 08:50:04 AM |
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If you yet to take any of the advice given by some of my mate here then I will advise that you should do whatever your mind tells you or just invest your money in Bitcoin, ethereum,and Bitcoin Cash as you have rightly mentioned in your submission above because in my opinion that is the best way for you to make make good profit are the end.
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Vishnu.Reang
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June 16, 2019, 09:28:14 AM |
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One thing that I have learned from all my time here is that holding the little known alts is not worth the effort. First of all, there is a great chance that these coins will become dormant in a matter of few months. And secondly, you need to store them in the exchange wallets, as installing the desktop wallet for each of them is not a good idea.
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BuxCoin
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June 16, 2019, 10:25:47 AM |
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i would hold few coins why waste money investing in many coins as many coins are not serious in there project i only invest in good projects
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Fedrey
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Activity: 644
Merit: 10
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June 16, 2019, 03:22:25 PM |
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Initially, the question itself is very interesting. Of course it is good when you have a lot of, but enough high-quality and promising coins in your portfolio. Nevertheless, each of us works in this business based on our capabilities. Anyway, our portfolio should consist of at least 10 different promising coins in order to minimize risks.
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JohnBitCo
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June 16, 2019, 03:38:37 PM |
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i would hold few coins why waste money investing in many coins as many coins are not serious in there project i only invest in good projects
Holding few coins is better in a way that you do not have to look after a lot coins news and prices. You can very easily manage your portfolio with fewer coins. but those few coins should be news based good coins. At the same time, by holding only few coins, you might miss out profit from some other coins which pumps and you miss out on profit.
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semobo
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June 16, 2019, 05:46:25 PM |
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I think the better is you can hold few coins which will be useful in your future otherwise if you hold huge amount of investment without any use it will not been giving the profit for you in your future that's why I am saying this
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peter0425
Sr. Member
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Activity: 2814
Merit: 458
Vave.com - Crypto Casino
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June 16, 2019, 06:45:20 PM |
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Personally, I would rather old only a few coins, simply because it's easy to maintained. And it's good if you are going to hold just a few good coins instead of having to spread it out multiple shitcoins. Preferably coins in the top 10 list will do better as compare to those ICO tokens that you wish will go to x10 to x100 in the future.
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Harlot
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June 16, 2019, 07:52:54 PM |
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Just think about maximizing your profit don't think the words “don't put your eggs in one basket” to literally as if you don't have much to work with then you are'nt really maximizing your money if you put then to several cryptocurrencies. Real traders may even look at it as you being indecisive on what position you will hold and what position you won't. Holding several cryptos only means that you aren't sure with the rest of what you are holding. I would prefer holding 2 to 3 cryptpcurrencies in my portfolio at max so I can also manage them easily in the future.
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Jatawneh
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Activity: 281
Merit: 18
Arabs Bitcoin CEO
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June 16, 2019, 09:16:51 PM |
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But my questions is, if i have 50k should i rather invest in bitcoin, ethereum or a other high market cap coin
you need to use capital management to manage your holding alts, because putting all of this money in few alts is risky, hold as many as you can from the good alts and start do a swing trading the one pump first sell and wait to buy again low of but another one did not pump yet. you can have a look at this article regarding capital management. https://bitcointalk.org/index.php?topic=5058478.msg47335445#msg47335445
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logicgate
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June 17, 2019, 10:51:19 AM |
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I think the better is you can hold few coins which will be useful in your future otherwise if you hold huge amount of investment without any use it will not been giving the profit for you in your future that's why I am saying this
The output of your investment will be great if you invest in a precious coin in large quantity. The more the investment is on large scale the more will be the output results. Furthermore, there are several factors which are also involved to make it happen and not only the above 2 factors. Your day-to-day dealing with the crypto market will help you make the right decisions and you sell right away when you find yourself earning massive profit.
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guoyu78
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June 18, 2019, 06:13:54 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. If the reason why people are against holding many coins I because of being able to monitor the coins, we have lots of application that helps one keeps track of the development of these coins which is usually trough their value before considering other measures, and one of such application is blockfolio, in my blockfolio. I have all the list of all my coins in this application, and from there I am able to monitor each and every one of them and even able to trade the ones that can be traded, I am really not against investment in many coins, because what we all do here is try and error and except the coin is Bitcoin and Ethereum, there is no other coins that should be relied on 100 percent.
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henmark
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June 19, 2019, 09:46:01 AM |
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I would say that holding a few coins that you're sure are very good and will yield you some good profit in the long run is better than holding a lot of shits that are not going to earn you anything in return. I have seen some people that buy lots of shit coins maybe because they are cheap and at the end of it all they will end up not having anything in return, most of them will lose more than half of what they started with, so that is a waste of time. Just go for few coins that you're sure are really good and you will be okay, if one fails, you will still recover from the others.
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Blue_oxen
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June 19, 2019, 10:13:48 AM |
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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. Holding a lot does not bring many benefits for investment but if the coin has good liquidity, your profit will be much higher than others. In fact, any investment will be risky if you choose long-term investment but if it is a good project, the risk will be greatly reduced. I am personally investing in some of the top coins that are available on this market and I am still making good money up to now.
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Best Dreams
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June 20, 2019, 10:13:56 PM |
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I think the better is you can hold few coins which will be useful in your future otherwise if you hold huge amount of investment without any use it will not been giving the profit for you in your future that's why I am saying this
The output of your investment will be great if you invest in a precious coin in large quantity. The more the investment is on large scale the more will be the output results. Furthermore, there are several factors which are also involved to make it happen and not only the above 2 factors. Your day-to-day dealing with the crypto market will help you make the right decisions and you sell right away when you find yourself earning massive profit. To some extent I am agree with you idea, it is much better if you invest huge amount of money in one coin or more than one coin, in case of holding it is profitable to invest only in bitcoin and ETH because only both of them are profitable coin, now a day there is very tough competition so we should remain active and hold fewer coins.
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Ayiranorea
Sr. Member
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Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
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June 20, 2019, 10:31:02 PM |
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Diversified investment is always good, and by the time we need to analyze better and invest on potential altcoins. In the name of investing should not do random pick of coins from the list that has got 2000+ cryptocurrencies. Holding few is also good, but if there is some form of market crash then the portfolio value gets affected in large scale. The same with large number of coins in the wallet the portfolio value won't be affected that high as one coin might experience drop while some will be gaining.
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Finestream
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June 20, 2019, 11:21:04 PM |
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Diversified investment is always good, and by the time we need to analyze better and invest on potential altcoins. In the name of investing should not do random pick of coins from the list that has got 2000+ cryptocurrencies. Holding few is also good, but if there is some form of market crash then the portfolio value gets affected in large scale. The same with large number of coins in the wallet the portfolio value won't be affected that high as one coin might experience drop while some will be gaining.
Having a large number of coins to hold might be very hard to handle and is full of risks.It might be profitable if you can handle the stress and fears along with it.That is why some of the people here prefer to hold few but chosen coins that will grow its potentials along with time.It would still be very profitable if all those coins will surely make a pump after holding for a long time.
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calya
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June 21, 2019, 12:43:45 AM |
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Diversified investment is always good, and by the time we need to analyze better and invest on potential altcoins. In the name of investing should not do random pick of coins from the list that has got 2000+ cryptocurrencies. Holding few is also good, but if there is some form of market crash then the portfolio value gets affected in large scale. The same with large number of coins in the wallet the portfolio value won't be affected that high as one coin might experience drop while some will be gaining.
Having a large number of coins to hold might be very hard to handle and is full of risks.It might be profitable if you can handle the stress and fears along with it.That is why some of the people here prefer to hold few but chosen coins that will grow its potentials along with time.It would still be very profitable if all those coins will surely make a pump after holding for a long time. we need extra effort to find new key update that rellated with its price in future.if we don't do this , i am sure we will miss important news that has impact to our assets value.and also holding many several coins will help us to spread the risk and profit potency. in my opinion its not ideal amount for portofolio.personally i am prefer to hold only around 6 coins.we could reallocate our fund to this coins in bigger amount.so we will get more profits in price start rising.we will not find the difficulties to monitor the update from team if only 6 coins.
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barbara44
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June 21, 2019, 05:32:53 AM |
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One thing that I have learned from all my time here is that holding the little known alts is not worth the effort. First of all, there is a great chance that these coins will become dormant in a matter of few months. And secondly, you need to store them in the exchange wallets, as installing the desktop wallet for each of them is not a good idea.
It is not every known altcoins that is not worth given a try for investment or trading, I know the trend has been for new projects for investors, most especially for new investor, which is why some older coins are not seeing much growth again, not because they have had projects, but because investors are beginning to engage more on new projects believing that they will give them better profits. 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.
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jonaire99
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Activity: 588
Merit: 11
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June 21, 2019, 06:03:20 AM |
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I prefer to hold only few coin and these are known profitable for long term. I traded must of the coins that I bought especially the low cap ones and hold some of the tol coins for long term. But in these days where many coins and tokens are created and listed, it better to find the coin where investors will possibly spend their funds. Bitcoin, ethereum, and litecoin are experiencing price increases because of the some events related to them.
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coingrowth
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Activity: 416
Merit: 21
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June 21, 2019, 06:45:08 AM |
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Holding a few potential coins is always helpful for us to make some decent profit instead of holding multiple small valued coins. That's why many people are kept saying you need to research before investing in any coin, once if you satisfied with your research then you can start investing in it and hold it for long term.
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