Is it better to have 5, 12 or even more coins?

[Muslimin mj]

I never want to buy more altcoins, because 12 altcoins is a lot like the second option you mentioned. because to manage and find the latest information about the altcoins that we have takes a lot of time, so don't waste your time with the many altcoins that we have. so choose only 1 - 5 altcoins for short and medium term investment.

[Loco1887]

I never want to buy more altcoins, because 12 altcoins is a lot like the second option you mentioned. because to manage and find the latest information about the altcoins that we have takes a lot of time, so don't waste your time with the many altcoins that we have. so choose only 1 - 5 altcoins for short and medium term investment.

but are those altcoins very risky and need to be checked every day? i dont think so, pretty much all of them are solid coins that wont die tomorrow. only coin that is not top #100 is KEEP.

[Mpamaegbu]

Sincerely, the number of projects I've bought doesn't mean so much to me as the quantity I've of those project's tokens. I prefer concentrating on few pairs and then buy heavily of those tokens. I tend to look at it from the angle of narrowing down my options and then buy huge numbers of the selected tokens. Quantity means a whole lot. Just imagine what quantity does once price begins to rise. Many pairs with few quantities won't do that. For OP's option, I will pick the first option.

[Loco1887]

Sincerely, the number of projects I've bought doesn't mean so much to me as the quantity I've of those project's tokens. I prefer concentrating on few pairs and then buy heavily of those tokens. I tend to look at it from the angle of narrowing down my options and then buy huge numbers of the selected tokens. Quantity means a whole lot. Just imagine what quantity does once price begins to rise. Many pairs with few quantities won't do that. For OP's option, I will pick the first option.

my argument for having Sandbox and Mana is because I cannot say for sure which project will explode and which not. Both have the potential.

[Mpamaegbu]

~snipped~

my argument for having Sandbox and Mana is because I cannot say for sure which project will explode and which not. Both have the potential.

I get your argument. Both Sandbox and Decentraland (MANA) have great potentials with Sandbox having a larger maximum supply than Mana at 3 billion max. In a situation like that where you're caught in a moment of indecisiveness, I will suggest you take off one on the list which you aren't too sure of like the other two. Then you increase the quantity you're buying for both. If you're long term, then desist from constantly checking your portfolio once you've purchased then.

[kapalmabur]

the more you HOLD coins, the more dizzy you will be managing it, yeah, only 1 to 5 coins is enough,
and what definitely must be on your investment list is Etherum, BNB, TerraLuna, Solana, and Matic,

the number of communities of these coins will makes you more comfortable, don't worry,
buy when the price drops and sell when the price is expensive

[Loco1887]

the more you HOLD coins, the more dizzy you will be managing it, yeah, only 1 to 5 coins is enough,
and what definitely must be on your investment list is Etherum, BNB, TerraLuna, Solana, and Matic,

the number of communities of these coins will makes you more comfortable, don't worry,
buy when the price drops and sell when the price is expensive

Terra is too risky at the moment. I dont like buying Coins when they are on ATH

[KennyR]

The portfolio doesn't want to be limited. It can be of any number of cryptocurrencies. Here the top 5 needs to be given importance, which means the value invested needs to be high against the rest of the holdings. Having limited coins or high number of altcoins is not at all an issue, because these days it is quite easy to manage the holdings with ease with the available applications.

[Yamifoud]

I choose option 1.
5 coins are just good enough for me but I guess it needs some diversification as those coins are not good for holding. Why not include BNB and Sol there? In fact, they are worth more than those coins like Chiliz and Enjin.

Well, anyway, OP must have known the risk upon investing, I'd choose a small number for I can see less risk in this option. But yes, we have different game plans and strategies but you know what, your choices of coins aren't really good. I suggest changing it for better results.

[kaya11]

It is great to have more coins than less. As they say put your eggs in on different baskets. I do have less than 10 coins, because this is the only amount of coins I can afford as of now, Bitcoin and eth are the majority holdings and others are just few hundreds. Got my hands full at the moment, and maybe if I have given another opportunity to buy, thinking of adding another sets of coins. As long as I can eat well, the savings are going to crypto investments.

[nurilham]

I think it depends on each to allocate the capital in what coins. Personally, I will divide it into two parts, the first capital is the biggest capital where I will invest in a coin that has good and reliable prospects, after that, I will buy other coins according to what coins are good or new coins with good potential now. so as I said that each person has different in allocating their capital. apart from that the coin that is chosen and also how we manage crypto assets also greatly influences the profits that will be obtained in the future.

[YellowSwap]

For better profits I prefer investing money on tiny altcoins that have room for high growth, new coins are better not hold coins that have already did some 100x since they launched, with 12000USD I will pick 8 new gems and see what happens.

[5W-KILO]

It's easier to monitor 5 different altcoins than 12 and it costs less to invest in 5 altcoins, for example, I only invest 100$ on any new altcoins to lower my risk, this is the amount that I can afford to lose if anything goes wrong, 200$ and more is only for old popular altcoins.

[SistaFista]

For me, the more we diversify our investment, the better the outcome will be.
Cryptocurrency is a volatile currency, so we will having high risk when we put our money on it.
So, better to have 12 coins than only 5 coins because we spread our risk evenly.

[arifteguhr]

For me, the more we diversify our investment, the better the outcome will be.
Cryptocurrency is a volatile currency, so we will having high risk when we put our money on it.
So, better to have 12 coins than only 5 coins because we spread our risk evenly.

Currently I already have 10 kinds of cryptocurrencies that I hold and also trade on a daily basis, but the results always depend on how volatile market conditions are, because when the market improves, it is easier to make profits, but when the market starts to deteriorate, then to make a profit have to be patient.

[tyz]

Successful investing revolves not around large profits, but around minimal risks. And minimal risks in your investment portfolio can only be achieved through portfolio diversification. That is, you should not invest in only 2-4 projects, although it may be attractive in terms of profits, but you should still put the safety of your funds in first place. Therefore, in the context of your choice, I would recommend you option 2.

You are trying to transfer a pattern that comes from the stock market, where there is the slogan: Don't put all your eggs in one basket. But I don't think that works well for the crypto market. For one simple reason: The vast majority of cryptos are similar in price to Bitcoin. If Bitcoin falls, so do all the others. If Bitcoin rises, so do all the others. Therefore, I would rather take Bitcoin as a fixed anchor in my portfolio and then add 2-3 promising projects. More than 5 coins in a portfolio for diversification is not necessary.

[S3300]

I don't see anything wrong if you have the money to invest in even 30 coins, all the top 50 coins on coinmarketcap are good altcoins, diversification should not have a limit like I've said, if you have the money, just do your own research and choose coins wisely, they don't survive without any good utilities.

[robelneo]

I'll go for option 2 I believe with $12k it's more balanced to have many coins in your portfolio, it's better to include those that are on different algo and different industries, the Cryptocurrency market is so huge to limit your portfolio to only five coins, you can explore as many coins as you can for $12k and all coins have different ways and timeline to pump.

[Bonenx14]

It's easier to monitor 5 different altcoins than 12 and it costs less to invest in 5 altcoins, for example, I only invest 100$ on any new altcoins to lower my risk, this is the amount that I can afford to lose if anything goes wrong, 200$ and more is only for old popular altcoins.

Everyone has their own strategy and choice in this matter because maybe it could be better if you choose only five altcoins and all five are popular altcoins, but if those five are new altcoins, I think the risk is much greater, even though the benefits are also not small, but everyone should always be more aware of the potential losses that can occur in new altcoins

[rahmad2nd]

I'll go for option 2 I believe with $12k it's more balanced to have many coins in your portfolio, it's better to include those that are on different algo and different industries, the Cryptocurrency market is so huge to limit your portfolio to only five coins, you can explore as many coins as you can for $12k and all coins have different ways and timeline to pump.

If I have fund about $12k look all in on one coin is better based on my opinion because when reach higher price get much profit, but is not wrong when getting with several altcoin or have option until 5 coins on your portfolio but not guarantee with all your coin will growing up together, you have waiting when moment for all coins can up to higher price to earn profit, but with option investing on one altcoin only when getting up you can earn profit although with one coin investment.