Investing in multiple altcoins

[MrPiggles]

You already have a good list of potential altcoins. To have a good portfolio, you must be able to determine the right time to enter the market, it requires technical and fundamental analysis and qualified experience. Proper timing when buying, selling, or holding is the key. This is indeed complex and mentally necessary. But the current market is less profitable in my opinion, quite risky, wait for the market to return to energy.

I think the investment at this moment will be very risky and if you have a good portfolio then it is best to be more patient during this time because things are unpredictable at the moment. I personally have invested a little bit of altcoin but until now it has not brought me much profit because the bear market is still maintaining instability so it will be difficult to make a big profit.

[key4co.in]

Investing in multiple altcoins is OK but there are some factors to consider; for instance the capital used for investment. With 370$, I will suggest you limit your portfolio to not more than 7 coins max. The top 10 coins like ETH, XRP, LTC, XLM etc will be ideal but for good profit, do look at some really promising projects with low market cap. 

[Ochakemaput]

for now, maybe investing in lots of assets won't help you get more profit. the situation is going down, we should be able to get and choose assets that are really good to have a pump in the near future. just select the best altcoin options and focus on them.

[tetyulfania]

Never put your eggs in one basket, its motivation for us never invest our money in one altcoin, profitable if you hold your money in multiple altcoin kinds.

[Weng simok]

Investing in multiple altcoins is OK but there are some factors to consider; for instance the capital used for investment. With 370$, I will suggest you limit your portfolio to not more than 7 coins max. The top 10 coins like ETH, XRP, LTC, XLM etc will be ideal but for good profit, do look at some really promising projects with low market cap. 

Too many investment choices are actually good but we ourselves must understand the altcoin in order to get an understanding of the project or the benefits when we invest. without this we are investing but not knowing what the benefits are

Investing in various types of altcoin is a good choicer than we only focus on one investment and the risk of loss is certainly greater, because if an altcoin goes down it will certainly be a loss but if there are several altcoins that we invest of course at least these losses can be slightly offset by the profits in get by other altcoins.

[GGmith]

for me you can also choose some good altcoins that also have benefits every day and also good for you to survive in the long run, I suggest you can hold, ethereum, litecoin, xrp, neo, eos, and binance

Ethereum and Litecoin become my idols to invest than other types of coins because if you don't really understand the graphics of other coins, It will only make a loss for you later.

many users still believe in and maintain their ethereum assets when the market is bad like today, I personally am one of the ethereum holders and still hold it now even though ethereum prices are currently low but I am sure that before the end of 2019 ethereum will be stable again. hopefully

[bryant.coleman]

Never put your eggs in one basket, its motivation for us never invest our money in one altcoin, profitable if you hold your money in multiple altcoin kinds.

That doesn't mean that you should slice the eggs to multiple parts, so that they can be put on dozens of baskets. 

If you want to invest in only one cryptocurrency, then go for Bitcoin. Almost everyone who had invested in Bitcoin since its creation in 2009 is in profit. Only a very few who made their investment during 2017 December are in red now.

Investing in a large number of different cryptocurrencies make tracking all of them very difficult. If something important is happening with the coins, then the chances are that you will miss the news and skip the opportunity. Go for 2-3 established altcoins, on top of 1-2 lesser known altcoins or tokens having good potential for future growth.

[Arkann]

The fact is that today it is very difficult to make the right choice on the cryptocurrency market and you must definitely review your entire portfolio, since some projects show poor results.  As an example of poor development of events, you can bring a Litecoin coin, which begins to rapidly fall in price, even more than other altcoins.  But I still wanted to pay attention to Telegram and Ethereum projects that have joint interests and which should have good prospects for investors.  That is why telegram developers are working on a Solidity solution.

[iv4n]

The fact is that today it is very difficult to make the right choice on the cryptocurrency market and you must definitely review your entire portfolio, since some projects show poor results.  As an example of poor development of events, you can bring a Litecoin coin, which begins to rapidly fall in price, even more than other altcoins.  But I still wanted to pay attention to Telegram and Ethereum projects that have joint interests and which should have good prospects for investors.  That is why telegram developers are working on a Solidity solution.

It`s hard to choose the right coins, but choice needs to be made. After years in crypto you end up with bunch of coins, good and bad, you can`t avoid that. You get to the coins in many ways, if you know, some of them are worthy, some are dropping hard, but we make a choice to keep them or dump them and move on the next investment.
Because its difficult to choose, we are risking with investing. That was like that before, it`s like that now, and that will not be different in the future. There is no time for regret, move on, make a better research and hope that you will make better choices in the future.

[ansarose1]

Investing on several altcoins is also a good method of investing. If you can't find a good profit in one of what you select to invest maybe on some other altcoins you would have a good profit. Investing on several top altcoins is like a practical way of investment that will assure you on some altcoins would have a better profit.

[RealMalatesta]

I think that today the choice among altcoins is not very large to make promising investments.  First of all, you need to carefully analyze the schedule of rise and fall in prices to be sure of the reality of a promising future.

Most people limit their choice of project to top 50 coin in the market because they are still the most reliable cons, especially some projects that were bon before that 2017 ad shortly after 2017 before the scammers hijacked the system of ico completely.

Although we still have some companies with great reputation that would never come o the market with the intention of coming to same people but with the intention of releasing a world class projects that will be outstanding, but to filter those kind of projects out among the bad ones really requires lots of research and lots of investigations, and this is the time that people do not have ,and they end up just inventing in projects randomly, after which majority of the ones invested in are just scam projects that are after people’s money alone ad not to give them what is being promised in their whitepaper.

[Layers318]

having lots of altcoins is a very good choice if the market conditions are good, but if the condition of cryptocurrency price movements at an exchange place is like this then it will only put you at very high risk, you can get trapped in lots of coins when prices fall.

Well, I prefer to make my buy orders now whenever the market goes down and people anticipate more downward trend. The market seems to go the other way when lots of attention are one trend. Now, I wouldn't be surprised to see the market experiencing greens now and it will be a good decision to buy more altcoins at this market condition in order to increase the profit with any slight percentage increment in prices.

[Anonymous100]

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

I am more interested in BNB for now, I think BNB will be more profitable if you invest long term. The current BNB price is $ 21. If you invest in a lot of coins, it will not bring good direction for you. I think enough to 3 coins are invested with the amount of money you have.

BNB, XRP and Monero

[bryant.coleman]

I am more interested in BNB for now, I think BNB will be more profitable if you invest long term. The current BNB price is $ 21. If you invest in a lot of coins, it will not bring good direction for you. I think enough to 3 coins are invested with the amount of money you have.

BNB, XRP and Monero

From what I have heard, BNB is doing very good right now. They are making lots of profit, thanks to the IEO boom. Binance has emerged as the no.1 destination for the quality IEOs, since the trade volume is very high and due to the ongoing issues with other exchanges such as Coineal. They are charging millions of USD for a single listing and on average they are getting one new listing per month. They were hacked a few months back and coins worth millions of $$$ stolen, but the exchange was immediately back in operation.

[Cemploon]

In my trades will not focus on a lot of coins. And usually, I only use 3 coins to invest like Ethereum, Binance Coin and Litecoin. In the third market conditions, this coin has a good trading volume. So I am sure if this coin will continue to grow and we must be patient to make a profit from the coins that we buy.

And do not be easy to panic when the situation is not as you would expect and my advice for long-term investments.

[Genamant]

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

as they said do not put all your investment in one basket
but for me  i think you have too many on the list, with that capital i would prefer to choose just atleast 5.

[baigreen]

Creating your portfolio requires in-depth analysis and it is better to listen to experts. The main formation of the portfolio is due to the demand for the coin. So that in the event of a non-stable market, you could withdraw your assets. Many say that the portfolio should be 50% bitcoin and 50% of the best coins in the market.

[Golftech]

I am more interested in BNB for now, I think BNB will be more profitable if you invest long term. The current BNB price is $ 21. If you invest in a lot of coins, it will not bring good direction for you. I think enough to 3 coins are invested with the amount of money you have.

BNB, XRP and Monero

From what I have heard, BNB is doing very good right now. They are making lots of profit, thanks to the IEO boom. Binance has emerged as the no.1 destination for the quality IEOs, since the trade volume is very high and due to the ongoing issues with other exchanges such as Coineal. They are charging millions of USD for a single listing and on average they are getting one new listing per month. They were hacked a few months back and coins worth millions of $$$ stolen, but the exchange was immediately back in operation.

BNB still doing great as it's surviving the pressures coming from those hacked issues and leakage of customers personal information. But this project is still  a very decent way to invest for both long term and short term. Whatever plans you have, this project will bring a huge benefits as the platform serves as a working product that  will keep attracting more and more investors and traders to work with this exchange and enjoy the service.

[shadowduck]

Creating your portfolio requires in-depth analysis and it is better to listen to experts. The main formation of the portfolio is due to the demand for the coin. So that in the event of a non-stable market, you could withdraw your assets. Many say that the portfolio should be 50% bitcoin and 50% of the best coins in the market.

everything is very individual and everyone chooses a strategy for creation his portfolio in relation to his risk management.

[Arti_Tsy]

I am more interested in BNB for now, I think BNB will be more profitable if you invest long term. The current BNB price is $ 21. If you invest in a lot of coins, it will not bring good direction for you. I think enough to 3 coins are invested with the amount of money you have.

BNB, XRP and Monero

From what I have heard, BNB is doing very good right now. They are making lots of profit, thanks to the IEO boom. Binance has emerged as the no.1 destination for the quality IEOs, since the trade volume is very high and due to the ongoing issues with other exchanges such as Coineal. They are charging millions of USD for a single listing and on average they are getting one new listing per month. They were hacked a few months back and coins worth millions of $$$ stolen, but the exchange was immediately back in operation.

BNB still doing great as it's surviving the pressures coming from those hacked issues and leakage of customers personal information. But this project is still  a very decent way to invest for both long term and short term. Whatever plans you have, this project will bring a huge benefits as the platform serves as a working product that  will keep attracting more and more investors and traders to work with this exchange and enjoy the service.

I wouldn’t be so sure in your place that BNB is now a good choice. All the strong fundamental news has already ended; everyone who holds BNB to participate in IEO already holds them. The coin is in a downtrend. In my opinion, it makes sense to buy it no earlier than the price of BNB does not drop to the level of $ 16 - 18.