How many altcoins do you hold? How many altcoins are too many?
I have 12 altcoins in my portfolio. I like all of them, but I am thinking about consolidating down to my 5 favorites.
wow how could you monitor the altcoins you have invested, it will takes you so hard to search for informations to sell when the price pumped or dumped. a wise move now is not to invest in too many altcoins, it will distract you from work, instead, invest only in maximum 5 altcoins, that will help you have more time to analyse and prepare for the best situation to sell when the price get high enough.
I bet OP is a long-term holder that's why he can manage all those 12 coins which is possible. But if you're a trader holding those coins will just give you a headache like you need tons of computer monitor so you can keep track all of those.
Personally, I just have 3 alts like eth, pillar and monaco and of course bitcoin which a must in every traders portfolio.
Yes, I am a long term holder (1-3 years). I will decide when to sell based on how my coins perform and if predictions show the coin increasing more in value. i use cointracker.info to keep track of my coins. The reason for many coins is I got into many of them at low cost, so all profit right now. I expect 5x-10x profit overall by end of 2018.