Investing in multiple altcoins

[Samboo]

You do not need to invest your funds in any other altcoins than bitcoin. Bitcoin is growing at the rate that it would hit $ 50000 by the year of 2021. The coin is being widely accepted as a method of payments and its popularity has grown so much. So investment in bitcoin will bring you more profits.

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[whtchocla7e]

I don't think investing in multiple altcoins at once is smart and safe. The increase or decrease of all these coins may not be the same, so your profits do not change much. Besides, the fact that you exchange many types of altcoins, leads to the high costs incurred between transactions.

[lienfaye]

Investing in multiple coins are good and these coins you've listed has potential.

If I were to choose what coins to invest in then i'll go for eth, bnb, ltc and ripple. These coins for me will likely to succeed in the future.

However dont just rely with our suggestions and do a research to know what coins are best to include in your portfolio.

[aylabadia05]

Ethereum in my opinion is very good for you to continue investing from the rest of the CAD. Because ETH is altcoin which is still a strong level of trust by active players on the crypto exchange.

[qweqwe2121]

Is it used for daily trades? I think you better focus on just one altcoin if it's a daily trade, and I suggest it on ethereum or binance. Because of this altcoin 24h volume is very large.

[eternalgloom]

I would really siggest investing in some good POS coins that allow you to get some dividends off of your holdings.
I've put around 2k USD in Steem for example and I delegate that to various people and bots to get ROI on that investment.

Even with the price tanking, I'm still making a pretty decent profit.

[pinoy.bolanon]

For me, focus on the first 8 on your list, why? because those projects listed are a good example of a working product that is used this time in crypto projects, i know how advantage leveraging is and not putting an investment in one basket, but we know how successful those projects that are listed on your first 8. So goodluck

[comchien]

The money is yours and the decision is yours, but I think the altcoins you listed are quite good for you to buy and hold, I think you have to study carefully, there's nothing to be shy about. My opinion is good for these Altcoin investments.

[dudusix9]

Personally, I think that what your list is a bit overwhelming since you have a lot of coins to watch out. Bitcoin still has the most potential to grow, especially that we're nearing the halvening next year. As for the altcoins, your list is good and there are still other promising coins out there that have their strategic investors willingly lock their tokens longer to help with the platform development. My portfolio consist of about 60% BTC, and the rest are majority of ETH and some good altcoins that are showing moves to explode in the long run.

[charlop24]

When I started investing in cryptocurrency, I held a couple of altcoin but was always adding more to my portfolio based on what I read from the forum. I later found out that its impossible to hold every single coin, the best approach is to invest in the few good ones you can afford and swap them with others, but Its always good to have some btc and ethereum.

[fortunecrypto]

Ok guys so I have 500 CAD left to invest in altcoins, I decided to invest 3000 CAD in bitcoin and leave it like that. So for that 500 CAD (377 USD), please tell me if this makes sense. (I want to own a broad portfolio of multiple coins that have good odds for the future). All amounts are in USD for a total of $370. I'm open to suggestions.

50    Ethereum
50   Ripple
50   Binance Coin
30   Litecoin
20   Enjin
10   Iota
30   Cardano
20   Stellar Lumens
10   VeChain Thor
10   Pundi X
10   Basic Attention Token
10   Ontology
10   Zilliqua
30   Monero
?   Eos
10   Tron
?   Zcash
10   Icon
?   Chainlink
any other ?
10   Dash

You have a winner list, I would not add any more, just concentrate and add more funds to those coins, I have some coins that are similar like yours but my portfolios are not that many compared to what is in your list but since Bitcoin dominance is growing I advise you to make it 50%of your portfolios..

[FelippeHeinz]

I find this quite individual, but if it were me, I would reduce this portfolio on 5 crypto.
And would give special attention to Ontology, Vechain and Crypterium.

[AlaEhBTC]

We cannot suggest any specific alts but I think it would be better to invest to top ten alts that can be found in coinmarketcap. Those are alts that are much stable and has a good circulating supply.

[Lantind]

We cannot suggest any specific alts but I think it would be better to invest to top ten alts that can be found in coinmarketcap. Those are alts that are much stable and has a good circulating supply.

That's right, and the altcoin listed in that post is also a good altcoin and also has a good rating in the coin marketcap, so it doesn't hurt to try to invest in some of the altcoins mentioned above, because altcoin also has a good circulation in the market.

[jebul2]

In my opinion, you are too risky to choose to invest in altcoin all, are you sure there will be a bullrun for altcoin while altcoin is decreasing every day and the increase is very slow, I suggest you hold only a few altcoins and others to buy bitcoin

[flemmings02]

So many of the altcoins you've invested in so far have good future, instead of seeking for other coins to invest on, I think you should split the remaining 500 CAD among the ones you've initial invested in.

[Metall303]

I think you will get a good portfolio of such tokens. it would be even better if you earned a little more money and increased the proportions. also, you can add DGTX in your portfolio

[slashz9]

my suggest better you invest in 3 or 5 coin, because 10-15 is too much, its risk to select many coin.
better buy 3 or 5 coin where allocation average is 70$, and select more stable in top 1-10 CMC.

[pakdemaco11]

good idea to invest like this. it's hard to know which coins will make big profits but by investing in various altcoins we will be able to get profits more easily.

[Arti_Tsy]

Ok guys so I have 500 CAD left to invest in altcoins, I decided to invest 3000 CAD in bitcoin and leave it like that. So for that 500 CAD (377 USD), please tell me if this makes sense. (I want to own a broad portfolio of multiple coins that have good odds for the future). All amounts are in USD for a total of $370. I'm open to suggestions.

50    Ethereum
50   Ripple
50   Binance Coin
30   Litecoin
20   Enjin
10   Iota
30   Cardano
20   Stellar Lumens
10   VeChain Thor
10   Pundi X
10   Basic Attention Token
10   Ontology
10   Zilliqua
30   Monero
?   Eos
10   Tron
?   Zcash
10   Icon
?   Chainlink
any other ?
10   Dash

Long-term investment in altcoins is a utopia. You are more likely to lose money on this. It is enough to open the price chart of any altcoin to understand this. Only short-term or medium-term altcoin trading can bring you profit. But for this you need to be able to trade. If you trade poorly, then for a long-term investment, there is nothing better than bitcoin. But it’s better to wait until its price drops to at least $ 8,000.