actually you are not stupid because putting money on lots of altcoin but this is too dangerous, maybe you can have a lot of money if altcoin also pumps in 2020 but if altcoin only has prices like now or more down then you will regret it. if I were you I would still choose bitcoin as the largest portfolio
altcoin has greater risk and reward. I think as long as we have strategy to do with alt, it is not wrong
We must know what we are doing in investing. Bcz we can evaluate if there is mistake happened
Actually, no matter the price up or down. Bcz in crypto can take long and short position. The matter is how we predict the price well and using money management
High volatility of the markets opens doors for a lot of investors to make quick profits from the ups and downs. There are chances to lose those amount we invested but if we can afford to make huge research about the coin we are investing into than we would never face any loss.
You should have the ability to understand the technical analysis and also to dig some background research about the coin to find out their product, actual demand for their product, accumulation of big whales, etc. Also as you mentioned, we can surely have profits from the bear markets too and thanks to leverage trading but never assume leverage trading as the easiest trading. There are huge risks hidden in leverage trading too.