I am not sure this is a god strategy, I have 5-6 coins, and try not to keep more than that as it becomes impossible to keep following the coin's news.
Is holding up to 5-6 coins only too risky ?
how many do you hold and what is your rationale for that number ?
just holding 3 coins. I think my holdings have a lot of space to improve because their developers are active and always updateing investors on their slack and telegram channel.
maybe at the moment I'm not holding much of my investment coin is more likely to hold bitcoin and a little coin ETH as an investment, because I don't learn much about other coins that have more advancements than Bitcoin and ETH.