Quote from: ultrloa on January 21, 2025, 09:22:20 AM

Quote from: multibaggerman on January 20, 2025, 08:38:45 PM

Hi all,

New here. I'm traditional equities trader that got involved with BTC in Feb 2020, and have fortunately bought at at every bottom since then. Diving into altcoins, I'm wondering how many coins do y'all recommend one should hold at one time? Let's say I'm still just dabbling and want to invest $5k (OK with this going to zero), how many altcoin do you recommend that I'd invest in for the risk reward to be 10x or 0?

Thank you,

I think depends on how many altcoins you follow out there since market for this coins or tokens is so volatile and its good if you can make sure that you can follow the latest happening on the market so that you won't missed out those good opportunity to exit when needed.

Yes, this is very crucial because you should be expected to invest on only alt coins you have keep it market activities on track and the you will be better enlightened to the behavior of the coins. Then you will know when to buy and when sell inclusive to how long to hold the coin knowing how volatile alt coins could be. Although your decision to exit depends of your investment goals and also the potential long goal of the coins.