Hey guys, I have $20,000 to invest in altcoins and have been overwhelmed by the number of coins. I'm looking for the biggest gains in the next year or so. Should I invest in 1 maybe 3-5? What are your suggestions?
Thanks
You should definitely diversify your portfolio if it was such a big amount involved.
If you invest in just 1 cryptocoin then there is a huge chance that the price is going to go down(especially if you've got no previous experience trading altcoins, you have a lot of chance of getting caught in the hype and buying way too high).
At the absolute minimum, invest into 5-7 separate coins with similar amounts.
Suggestions: XMR, IOTA, EOS, SC, but do your own research.