Post
Topic
Board Altcoin Discussion
Re: Investing in multiple altcoins
by
Shimmiry
on 13/01/2020, 21:27:18 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


It is actually a good separation and distribution of investments in multiple alts, yet can you even maintain your holdings or even trade those numerous amount of altcoins? I guess you must better start on a little number of altcoins and constantly trade it while studying those other's you're trying to invest, as some seems to be a good and promising coins yet still fails over and over again. But still, if you're just investing to hold it for a long time, it was better if you invest bigger on those better alts which has many predictions and a good history in the market.