I know that there are many kinds of alternative coins existing today, but is it better to have that many coins instead of having just a few? What are the benefits and harm in having that many alternative coins?
I recommend investment to maximum 5 or 6 project at the same time beucase if you buy 10 15 kinds of altcoin, it would be very difficult to follow for you and you may miss the news about projects so you must consider this.
It is very hard to follow news if you invested in many projects. On the one hand you diversify your risks, but on the other hand it is better to invest in several good projects, so you can follow all of the news