There are those types of investors that are looking into quantity and not quality because that's their principle and strategy on this market.
To me, that's fine because it is their money and whatever works for them should be done by them because they believe that works.
But based on my experience and what I have seen with many folks, it doesn't really work like magic because the more you invest in various altcoins, the more complicated your portfolio becomes.
You're right indeed. Your money, your rules, so you can chose to invest on your own. However, trying to invest in a variety of altcoins will never guarantee multi profits. Instead, it will only make you more susceptible to losses most especially if you ended up investing in the wrong coins. The risk to lose is certainly high, once you entrusted your funds more into altcoins than bitcoin.
Exactly. Don’t fall for altcoins most particularly when there is bull run as you are increasing your risk to lose from buying them at a high price, as there are no guarantees that they will continue to gain higher price but may suddenly dropping their prices anytime. Instead, stick to bitcoin.
However, if you are interested to buy altcoins, buy when the market is bearish at a minimal amount. That way, even if you lose in the future, at least you only lose few of your funds, so that won’t be a big deal for you.
Investing in a minimal amount I think that's a very good idea, because no one can give you guarantee about the future of altcoin, that is why is good to invest in a minimal amount so that should in case anything happen is not going to have any negative effect on you. However most people always invest with what they can not even afford to lose without even considering the risk that is involved, then after experiencing a huge lost in the market at this point they always felt depressed. That is why when making altcoin investment is always advisable to use a little capital to invest because we don't know what will be the outcome.
