I have a few questions:
1. Is it okay to rotate my profit into another coin, or should I invest it in a stable coin or leave it in USDC?
2. Do you think investing in 20 coins is too much? Should I reduce my portfolio?
I'd love to hear your opinions on this. Thank you!
To build your confidence, it is better to focus on just a few coins (3-5 is enough) rather than having 20 different coins. In this way, you can analyze them thoroughly or simply stick to Bitcoin alone. Besides, there is no other best option for long-term holding other than Bitcoin, or maybe ETH if you reconsider.
Remember, earning a profit is not about how many coins we hold but it is about how valuable they are. Keeping our investments in fewer coins is less risky than buying too many. We better focus on high-demand currencies and put our money with them.