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,
How many coins you invest depends on you only. and on the amount of your investment. How much risk you take according to your goal depends on the ability to take and market situation. Following some common strategies and guidance, you can create a strategy in an investment and you can earn your profit from there. Apart from gaining you experience for this, a good strategy is to keep different types of altcoins that means you are some of the popular altcoins such as Ethereum, Binance Coin, Cardano. You can invest in them. But choosing multiple art coins should be very high risky too, it may only be difficult to rely on you because it can be difficult to focus on them.