Hey guys, do you buy altcoins which are not top 100 of Coinmarketcap? Isnt it risky to invest in them? Want to hear your opinion!
Of course it is very risky. Many of these coins may cease to exist, some may be removed from exchanges and you will not have the opportunity to sell them. On the one hand, there are many risks, and on the other hand, such coins can bring much more profit, since they usually have small capitalization and a low price. I invest in such coins about 20-30% of the budget. But I very carefully select such coins and realize the risks.
I also do the same thing. The majority of the investments that I have are in the range of coins which are in the top 100, and a small portion of me are in coins that are not in the position beyond 100. By investing in coins that have good marketshare, the risk will be smaller. But if we dare to invest in a new coin, then the opportunity to achieve great profit can happen.