Post
Topic
Board Altcoin Discussion
Re: Invest in all alts
by
n691309
on 03/07/2016, 12:38:50 UTC
Hi

I noticed a lot of movement in altcoins and I'm wondering how stupid or how smart would it be to invest in all altcoins.
The idea would be to invest the same small amount in each altcoin.
Then I'm not sure what would be the best strategy from there. I'm pretty sure most coins would bring losses but the ones that grow would maybe cover that plus some?

Investing in altcoins at this time can be risky because the exchange rate is low because of the bitcoin price but the exchange rate can go even lower if the bitcoin price get increased in this halving and after it. But if bitcoin price dumps then a profit by selling these coins can be greater.