The cryptocurrency market is diverse, and as a trader, you have to be strategic in diversifying your portfolio to minimize risks and reap better returns. Altcoins make an ideal way of diversifying your portfolio. Some of the altcoins suitable for diversifying portfolios are those that cost less because you can add many coins to your portfolio with just a small amount of funds. Below are the top 10 cryptos that cost less than 20 cents.
It is not just about being cheap, it can be cheap and still worthless. I would prefer to invest in a good coin that is costly and buy it in fraction and keep in my wallet, just as bitcoin, than to buy a cheap coin and watch it struggle to grow tomorrow, which is going to be a big loss for me. There are lots of coins these days that are cheap for sure, but that’s really a criteria for me to select.
I focus on other things that are very important whenever I am searching for assets to invest in. SHIB that you mentioned is a good coin, although at first I was really hoping that it continues to grow in future, because it came in after the Dogecoin bullish trend and a lot of people felt it was just another meme coin that is temporarily going to play around and die off later. But it seems to be going quite strong lately. So, I think it is worth investing in. TRX is a good one for sure, and same thing with AMP.