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?
does it matter?
i would say that investing in 1 or 2 good altcoins is enough and a lot better than investing in 10 altcoins that end up being trash anyway although with $5k, o would say that that would be too big for investment to altcoins i would rather put most of it in bitcoin and then pick a few altcoins i can watch grow
Which token will good and which token will bad that is Very difficult to say. So i think more Altcoin we have to select and invest on that. If we select one or two Altcoin that will be very risky. If we select more than two altcoin then there has big chance to profit.
So my observation if anyone invest on few altcoin rather than one or two Altcoin he will be huge profitable i strongly believe it.