A question for all the people recommending the same boring “top” coins. What kind of gains are you hoping for?
In a week’s time I’ve made roughly a 65-70% gain just by trading DENT. And DENT is currently down compared to where it’s been recently. If you only focus on the “well established” coins, I’ll bet you won’t even come close to these kind of numbers. If you’re just looking to HODL, I’d go bitcoin and be done with it. The alt coins are in a very precarious situation at the moment.
It can still take a long time before alt season hits in earnest and I just don’t see passive alt hodling as very productive at the moment. Now, if you actively manage your portfolio and stay on the ball, you can make great gains from trading alts. I just don’t see a HODL strategy as optimal atm.