What is your thoughts?
As we about to enter the altcoin season, I think we should be careful of the altcoins we still choose to invest in and the number of altcoins we invest in. Choose a few altcoins that you have researched to have good potentials and invest small amounts in them. Do not make the mistake of investing in too many altcoins, as it increases your chances to gain more, it also increases your chances to loose.
That is expected because aside from the chances of having more profits by buying large amounts and different coins, there is always that same chance where you will have losses in the process because the risks aren't eliminated or somehow minimized, it's still the same that is why we should buy what we think will give us profits than losses. And I agree with you, there's no need to buy a lot of altcoins, a few of them will be enough but make sure that you're only buying altcoins with good potentials or among the leading altcoins.