Whats better holding many coins or fewer coins?

[lienfaye]

In crypto investment it is always good to consider diversifying, the quantity depends on your capability and knowledge to manage them.

For me I prefer to hold fewer coins particularly the popular ones. Why? Because im using the strategy of holding for long period and in this case I need to make sure the coins that I chose are worth hodling and likely to give me profit when the bull run occur.

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[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?

I'm sure that in any case, you need to split your deposit into several parts, depending on your goal. This needs to be done in order to diversify. If you intend only hold, then consider a few promising coins, including bitcoin and ether. If you are planning to do daily trading, then you can consider different coins. Don't forget to take into account the fact that coins must be liquid. So, if you buy a low-liquidity coin for $5 k, you will not be able to sell it later at the price you want. That is, somebody need to be willing to buy this coin for the amount for which you sell it, otherwise your sale will simply bring down the rate of this coin. And when trading coins with low liquidity, this scenario is most likely.

[TheUltraElite]

Both of them are good if you hold potential coins. If you hold those shitcoins it doesn't matter holding few or many, it won't give you any decent profit. I've learned it from my previous experiences that holding coins for a very long time from some ICOs won't give you big amount of profit unlike on what they promise that their coin will be good in long term.

True that, because very few ICOs actually delivered what they promised and rest of them went in a professional hibernation mode making the investors crazy while the devs slept looking for more "private" investors to suck money from. This is why people should stop this ICO craze once and for all and sell your coins at the first chance you get and abhor any further purchase of shittokens.

To get decent profits the only coin that you need to focus on is bitcoin. None of the copycat coins are ever going to rise second to it. Those are false dreams that idiots have.

[JohnBitCo]

Both of them are good if you hold potential coins. If you hold those shitcoins it doesn't matter holding few or many, it won't give you any decent profit. I've learned it from my previous experiences that holding coins for a very long time from some ICOs won't give you big amount of profit unlike on what they promise that their coin will be good in long term.

Holding fewer good coins is much better approach than holding too many altcoins. With less coins it is easy to manage the portfolio and you will know exactly which price you buy those altcoins. If you have more altcoins it will be difficult to remember each coin buying price.

[EdvinZ]

Low-cap coins often have low volumes of trades, a weak development team and low investor interest. They may also scam and undergo a delisting procedure. Coinmarketcap first-line coins are the most reliable for investment. They are supervised by strong development teams, steps from their white papers are usually executed on time and as a result, their price is easier to predict. I think it is more convenient to hold the best capitalized coins.

[BlackFor3st]

Put your investment in more than one basket but it doesn't mean that you are going to spread your investment in almost all the currencies that you like.

It will be best if you will pick only fewer coins like 3-6 investments so you can monitor your investment well and for you to choose the best coins to invest in. If you will be lucky with your investment then you can surely double and even x10 it if the market will hit it's peak season.

[Nellayar]

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?

More holdings are good but not all times. You cannot easily handle many coins in your portfolio. Specially, if you are newbie in trading. Holding few coins are good because you will easily realize if you are earning or losing your capital. If you have 3 coins in your portfolio, you can determine and plan when and where will you enter the market.

[Naida_BR]

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 agree with you. A coin with lower market cap can be a success and lead to big profits however this is riskier that investing in bitcoin.
Personally, I have followed a diversification strategy and have invested in 4-5 coins. I believe that one of them is a risky investment but it will give me big profits, as other 4 are cryptos in the topthat are safer to make lower gains.

[jrrsparkles]

Put your investment in more than one basket but it doesn't mean that you are going to spread your investment in almost all the currencies that you like.

It will be best if you will pick only fewer coins like 3-6 investments so you can monitor your investment well and for you to choose the best coins to invest in. If you will be lucky with your investment then you can surely double and even x10 it if the market will hit it's peak season.

Yes this is the right thing you have to do because we cannot expect all the coins to stay a as profitable at the end of the Bull run so we need to be very picky with the coins for our investment to be more profitable at the end of the day. The coin depends on how much capital we are investing and also the profit margin we are looking for.

[Renampun]

I think it's better to hold just a few coins than hold many coins. investing must be calculated, if we allocate our funds for something that does not necessarily provide profit, we are losing money and time.

just put your money in 4 or 6 different types of cryptocurrencies but all you have to choose is coins that are in the top 100 crypto capitalization currencies, I don't mean to say that a coin below the 100 is not good, it's just too risky.

[mirakal]

I think it's better to hold just a few coins than hold many coins. investing must be calculated, if we allocate our funds for something that does not necessarily provide profit, we are losing money and time.

just put your money in 4 or 6 different types of cryptocurrencies but all you have to choose is coins that are in the top 100 crypto capitalization currencies, I don't mean to say that a coin below the 100 is not good, it's just too risky.

I would disagree with that because it's not my style actually.
For me, holding lots of coins can minimize the risk and that makes me more comfortable investing for long term.
What I'm really thinking is maybe if I hold a lot of coins, that could help me find a hidden gem in crypto that could change my life.
As long as the coin has a potential, even if risky, I will not hesitate to buy it but of course with proper fund management.

[Vaskiy]

I think it's better to hold just a few coins than hold many coins. investing must be calculated, if we allocate our funds for something that does not necessarily provide profit, we are losing money and time.

just put your money in 4 or 6 different types of cryptocurrencies but all you have to choose is coins that are in the top 100 crypto capitalization currencies, I don't mean to say that a coin below the 100 is not good, it's just too risky.

I would disagree with that because it's not my style actually.
For me, holding lots of coins can minimize the risk and that makes me more comfortable investing for long term.
What I'm really thinking is maybe if I hold a lot of coins, that could help me find a hidden gem in crypto that could change my life.
As long as the coin has a potential, even if risky, I will not hesitate to buy it but of course with proper fund management.

Agreed, we've got 2000+ cryptocurrencies to invest. Among them there can be life changing assets, but that is really hard to find. When we diversify on large number of altcoins we get our portfolio value almost in a stable way and when when the market turns bullish we'll get a bigger profit out of any one of the asset which is the success of holding large number of altcoins than a limited number.

As stated in the last line without proper fund management nothing can be made to be effective. With cryptocurrency based investment fund management is key factor.

[atjiat]

If you still need to choose between Bitcoin and ethereum, then in the near future I hope to get a very good profit thanks to ethereum.  My assumptions are based on the fact that I compare the price level of the beginning of 2018 today.  If you focus on the price of Bitcoin, then ethereum should still be higher than the price you have today, based on the indicators of Bitcoin.  Based on this, I believe that maybe by the end of this year I will be able to increase my funds at least three times.

[shield132]

If you still need to choose between Bitcoin and ethereum, then in the near future I hope to get a very good profit thanks to ethereum.  My assumptions are based on the fact that I compare the price level of the beginning of 2018 today.  If you focus on the price of Bitcoin, then ethereum should still be higher than the price you have today, based on the indicators of Bitcoin.  Based on this, I believe that maybe by the end of this year I will be able to increase my funds at least three times.

This isn't thread about bitcoin vs ethereum for profit, question is it's better to hold many coins or not.
Answer on this question is very individual because there are some people who can handle a lot of problems and there are somes who try their best to avoid them. Everything depends on how vigorous you are and how can you manage your time. If you can't do much work at the same time, better to hold few coins. It's always best option to make 2 successful step than 10 unsuccessful or if you can do 2 successful and also 10 successful, then you know it's better to choose 10 step.
I didn't answer it directly but I think my answer is clear.

[TheUltraElite]

Holding many coins is better because you have a lot of options to have a chance to meet your expectations to multiply your money .While if you have fewer money you can have a small options to have a big profit.

Both of these are wrong statements because none of them are absolute. While this may come out to be true in one instance it will fail in another instance and thus you cannot universally use them. If you buy too many coins you have actually wasted capital on buying nothing but shitcoins which are never going back up.

This leads to a vicious cycle of depression and anxiety and the only way to get out of it is when you sell, maybe at loss or not. But you wont be getting much of a profit. Luckily if one of those coins skyrocket in price and you manage to sell then you would profit. But the odds of the second outcome is very small.

[Gibreil]

From my view whether it is fewer coins or many coins doesn't matter, always that needs to be prioritized is the study about the market with continued observation. This way you can keep on selling and buying back based on the holdings in the portfolio. This will get you profit as well there will be continued addition of new coins when something without profit is sold.

It matters bro! Many coins should be speculated by only a glance but you need to take time before you launch your execution. It is better to have only few coins because you can see the improvement of your portfolio. In my opinion, we can make a long term and short term portfolio so that we can avoid confusion.

[iv4n]

From my view whether it is fewer coins or many coins doesn't matter, always that needs to be prioritized is the study about the market with continued observation. This way you can keep on selling and buying back based on the holdings in the portfolio. This will get you profit as well there will be continued addition of new coins when something without profit is sold.

It matters bro! Many coins should be speculated by only a glance but you need to take time before you launch your execution. It is better to have only few coins because you can see the improvement of your portfolio. In my opinion, we can make a long term and short term portfolio so that we can avoid confusion.

Don`t you think that all depends from persons capabilities and skills to manage more or less coins? Some can handle to keep track of more coins, some are having trouble with just one coin. You can have separate portfolios for your long and short term portfolios, you can arrange your working space as you like, whatever suits you and make things easier for you.
From my experience more coins comes with time, simply you can`t avoid that in long run. There are many good old projects we didn`t notice, new ones appear all the time, your portfolio follows that and from time to time we all add some new coin in our portfolios, FOMO is always in our minds and we buy what we think it will be more popular in the future.

[wxxyrqa]

A significant part of my coins in the portfolio is exactly those coins that I not only received while participating in the Bounty campaigns, but also those that I was able to learn thanks to the Bounty companies.  I think that this is the best for me in the sense that I am confident in these projects, since I studied them thoroughly in due time.

[Lanatsa]

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?

Making yourself rich with 50k usd put up on a shitcoin and hoping for some miracle pumps is possible but the question is,which shitcoin should be?

Better to go with established ones rather than risking into unsure coins in the market which wont even give out some light of chance for it to pump.
Put it up and you would be stucked forever.

[Iceblast]

holding lots of coins or a little coin depends on the type of coin we have. it actually doesn't matter if we choose a coin that really has the potential and makes a profit. will lose if we hold a lot of coins but the coin has no good potential and only makes a loss.