Quote from: VIP BTC on January 30, 2020, 11:54:41 PM

Quote from: DarthCanada on August 28, 2019, 01:25:44 AM

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

I think you chose Altcoin too much with a small amount of money. If your money is $ 370, you share it with a total of 20 cryptos, then the results you save will not affect when you sell, or trade. I think you only need to share in 5 crypto. You can choose the best from the 20.

I agree with the suggestion. Because the calculation is $370 and is divided into many crypto. Then it will be difficult to get a profit, if there is one loss contained in one coin. Then the profits on other coins will cover the loss. So you don't get any benefit if you use this method.