Post
Topic
Board Trading Discussion
Re: Whats better holding many coins or fewer coins?
by
EXtremeAEX
on 13/07/2019, 09:23:02 UTC
I know the question sounds stupid.

But my questions is, if i have 50k should i rather invest in bitcoin, ethereum or a other high market cap coin compared to a small market cap coin were i could almost own 0.1% if the coin supply is 1 billion and trades at 5 cent.


It should be much easier for the coin with a lower market cap to make much more gains than with Btc, right?





I'm sure that in any case, you need to split your deposit into several parts, depending on your goal. This needs to be done in order to diversify. If you intend only hold, then consider a few promising coins, including bitcoin and ether. If you are planning to do daily trading, then you can consider different coins. Don't forget to take into account the fact that coins must be liquid. So, if you buy a low-liquidity coin for $5 k, you will not be able to sell it later at the price you want. That is, somebody need to be willing to buy this coin for the amount for which you sell it, otherwise your sale will simply bring down the rate of this coin. And when trading coins with low liquidity, this scenario is most likely.