Post
Topic
Board Altcoin Discussion
Re: Investing in multiple altcoins
by
casperBGD
on 30/03/2020, 04:53:52 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


there is a good correlation between many of those that you stated in your list, i would advise to bear in mind that ETH is like an index for all tokens that are deployed on the ETH blockchain, so you can skip some of the tokens if you invest in ETH, since ETH will rise if these tokens go up