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Author Topic: Investing in multiple altcoins  (Read 7063 times)
bitkanu
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January 06, 2020, 03:05:41 PM
 #461

I dont know what to suggest, but I still have faith in bnb coins, some other I dont know, even some other is good altcoin, we can never tell, like xrp I love xrp, I always use it for withdrawal aside from speed of transfer it also has small fees, xrp is easy to exchange to my local fiat currency, I can see potential to xrp and xlm but im not sure of it, but I like the fact that your not putting all your eggs in one basket, thats goos thing, you can do some research first before you invest, low risk much better.
BNB is overvalued coin and it's better to bet on a new coin that can bring us a better profit than BNB, so far credit can be a good alternative to invest. XRP gets a good news this day and it's a good coin for short term and not for the long term investment as it has already priced very high. it's better to look at alternative coin.           

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Adriano2010
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January 06, 2020, 03:07:51 PM
 #462

Investing in multiple altcoins is a good idea but if you choose only altcoins who have potential to grow, because if choose new altcoins or altcoins with low trade volume then is hard to make any profit. I think the best bet is to choose top altcoins like Ethereum, Litecoin and others and also put more on altcoins that have a higher price than others.
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January 06, 2020, 03:21:04 PM
 #463

Such a strategy for sure makes sense, but you know, what I would also say - it is not easy to find multiple solutions that meet requirements. What I mean is evaluating the factors. From my point of view, platform must be advanced, innovative, reliable and, of course, bring real and practical value.
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January 06, 2020, 03:28:07 PM
 #464

Such a strategy for sure makes sense, but you know, what I would also say - it is not easy to find multiple solutions that meet requirements. What I mean is evaluating the factors. From my point of view, platform must be advanced, innovative, reliable and, of course, bring real and practical value.

Absolutely so and I fully agree with you that it is not easy to find several solutions that widen the horizons and set new standards on the industry. Talking about you, are there many solutions you can recommend in general?
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January 06, 2020, 03:34:32 PM
 #465

Absolutely so and I fully agree with you that it is not easy to find several solutions that widen the horizons and set new standards on the industry. Talking about you, are there many solutions you can recommend in general?

Nope, I wouldn't say so. I am only having 2 or 3 most attractive ones I am following. And latest discovery I would definitely recommend everyone to have a look at - GetHashWallet. Have you already heard of such a solution? Cause you know, in here guys are setting entirely new standards on the industry
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January 06, 2020, 03:43:06 PM
 #466

Nope, I wouldn't say so. I am only having 2 or 3 most attractive ones I am following. And latest discovery I would definitely recommend everyone to have a look at - GetHashWallet. Have you already heard of such a solution? Cause you know, in here guys are setting entirely new standards on the industry

Gethashwallet? Hmm, it seems that I haven't heard of it before, can you please provide more details on what the solution stays for?
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January 06, 2020, 03:50:33 PM
 #467

I like to share my list top currency always you can take invest at any moment.
Ethereum
Ripple
Binance Coin
Tron
Pundi x
Especially i am very excited about Ethereum because i see any article about next boom. I know this is not right think for recommend invest in every currency because to heard bad situation still running almost two years over.

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volport
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January 06, 2020, 03:52:45 PM
 #468

Gethashwallet? Hmm, it seems that I haven't heard of it before, can you please provide more details on what the solution stays for?

Yes, of course! Basically, GetHashWallet is secure and private hardware wallet - non-programmable device that is simple and secure along with many other great and in demand features. What is also rather impressing - guys are already selling the devices, so this is not just an abstract idea, but a fully working product. And of course, I recommend you to check out their website to get a deeper understanding on the solutions itself
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January 06, 2020, 04:00:17 PM
 #469

Yes, of course! Basically, GetHashWallet is secure and private hardware wallet - non-programmable device that is simple and secure along with many other great and in demand features. What is also rather impressing - guys are already selling the devices, so this is not just an abstract idea, but a fully working product. And of course, I recommend you to check out their website to get a deeper understanding on the solutions itself

Sounds quite attractive and advanced, agree with you here! Will check out more on the guys shortly and get back with own thoughts. Thank you for your recommendation
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January 06, 2020, 04:52:38 PM
Last edit: January 07, 2020, 12:57:33 AM by leatutz
 #470

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 can't see any pump like ThoreCoin and Mindol coin in 2019. I'm not making your list correct but you should add 2-3 coin from out range of 200-300 coins. Energi, Harmony and Credits this types of coin should add to your portfolio. Or Make a budget 77 USD for new coin and 300 USD for some top coin.

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January 06, 2020, 04:53:14 PM
 #471

how long will this investment and save your funds?
Are you ready to invest for the next 2-3 years by holding hard without selling a dime even though the price of the coin is down?
I see good potential for eth.
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January 06, 2020, 05:05:23 PM
 #472

According to me, these five coins are amongst the cryptocurrencies worth investing in.
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January 06, 2020, 05:23:01 PM
 #473

I think that Altcoin is very good in the future is Ethereum because ethereum already has a very large interest in the whole world. and other altcoins like EOS, Binance, Stellar Lumens, Tron, Cardano which I can recommend to you to invest. and I suggest you not to choose altcoin too much because later you will have difficulty monitoring the movements of every altcoin you have.

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January 06, 2020, 05:24:33 PM
 #474

The remaining CAD 500 you should invest in bitcoin offline. altcoins are not very good, it is better to invest all in a good place like bitcoin.
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January 06, 2020, 05:35:16 PM
 #475

You should not invest in many different types, but should only invest in a few good top altcoins like
 Ethereum, Ripple, Binance Coin,Litecoin. Here you will be safer and more stable
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January 06, 2020, 05:38:43 PM
 #476

Now, I think investing a lot of money is very good and potential, invest in coins with good odds for the future like Binance Coin, Ethereum, Litecoin, ... your decision is very it's correct. Wink
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January 06, 2020, 05:39:42 PM
 #477

I think that Altcoin is very good in the future is Ethereum because ethereum already has a very large interest in the whole world. and other altcoins like EOS, Binance, Stellar Lumens, Tron, Cardano which I can recommend to you to invest. and I suggest you not to choose altcoin too much because later you will have difficulty monitoring the movements of every altcoin you have.
indeed investing in altcoin in my opinion also does not need to be quite a lot with only a few altcoins which in our opinion altcoin will be able to develop rapidly in the future, it is different like doing daily trading that is free for us to buy and sell when we make a profit, binance XLM Ethereum and Eos , altcoin which in my opinion will have a good development in the future, but of course we certainly have different predictions and desires in investing, and hopefully what we have chosen will be able to generate profits as we want.

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January 06, 2020, 05:41:11 PM
 #478

The investment portfolio is something we should all do because this will make the job of choosing a better investment, more objective. With CAD 500 you can invest in many currencies and form a long portfolio and I recommend investing about 6 to 8 coins that have a good chance.  Grin
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January 06, 2020, 05:49:16 PM
 #479

Investing in multiple altcoins is just simply diversification. The cryptocurrency market is just too volatile and having to risk or buy just one crpto project can fail investor. But with multiple altcoins in your protfolio you can always mitigate loss or minimize loss for example one project among the altcoins may die off while others can make you recover your loss funds. Another important thing to take note of is to always do due diligence whenever you are buying or investing in any altcoin
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January 06, 2020, 05:51:33 PM
 #480

Investing and diversifying in many altcoins is the best as it will help users or traders ti minimize risk. In my own opinion i think Ethereum and Bitcoin with Binance Coin is good for long term hodl and profit
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