Post
Topic
Board Altcoin Discussion
Re: Investing in the top 20 coins
by
Gotomoon
on 26/11/2017, 23:49:33 UTC
Is it a safe bet to invest in the top 20-25 coins on coinmarketcap.com? I’m looking to invest about $20,000 into some cryptos.

Of course. There are advantages and disadvantages when investing in the top 20 coins. But the advantages will far outweigh the disadvantages. First, if you invest in the top 20 coins, the risks are definitely lesser as compared to when you invest in less known coins. And then even if you invest a significant amount, you will not find it hard to sell or buy since the market cap is usually very huge with the top 20 coins.
Be always on a safe side in investing in cryptocurrencies because all are being volatile. It could change fast and drops fast the price and ofcourse there are dis and advantages in investing but the important is you know how to manage all your top choosen coins.