Post
Topic
Board Altcoin Discussion
Re: Investing in multiple altcoins
by
powder1800
on 03/09/2019, 10:34:55 UTC
Ok guys so I have 500 CAD left to invest in altcoins, I decided to invest 3000 CAD in bitcoin and leave it like that. So for that 500 CAD (377 USD), please tell me if this makes sense. (I want to own a broad portfolio of multiple coins that have good odds for the future). All amounts are in USD for a total of $370. I'm open to suggestions.

50    Ethereum
50   Ripple
50   Binance Coin
30   Litecoin
20   Enjin
10   Iota
30   Cardano
20   Stellar Lumens
10   VeChain Thor
10   Pundi X
10   Basic Attention Token
10   Ontology
10   Zilliqua
30   Monero
?   Eos
10   Tron
?   Zcash
10   Icon
?   Chainlink
any other ?
10   Dash


as they said do not put all your investment in one basket
but for me  i think you have too many on the list, with that capital i would prefer to choose just atleast 5.

I also don’t understand why people are trying to invest $ 5 in each coin. it is better to conduct a stronger fundamental analysis and choose 2-3 coins

Well, practically speaking its fine leaving 4-5 coins in your portfolio then invest carefully. I sure unknow how it hurts to lose more than u can afford so u should be very cautious.