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
Picking five strong altcoins at the range of $200 value would be a great long term move for Op, investing that amount in Bitcoin won't make huge impact on the portfolio. However, altcoins demand observations, to know when to leave, he can sell and reinvest.