Post
Topic
Board Speculation (Altcoins)
Re: How many cryptocurrencies do you invest in?
by
VanDeinsberg12
on 17/05/2017, 08:08:09 UTC
I'm in like 20 coins but I want to chop this down as the diversification has turned into me spreading myself too thin.

Looks too me that is too much. I agree with your that you need to down. Diversification is good, but I suggest like to have 5-6 coins only. And only invest on coins that has a good developer to back it up and also look at the price and trading volume as well. I think with 20 coins, its hard to monitor every coin in your portfolio.

Yea it has become a full time job almost.

Hard to control, Every time the price possible to get dump, hard to store on the safe place. I don't investing on a lot of the kind of currencies. It just give me another risk about my money. just investing on some which have a lot of the potential.