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,
In a short-term investment plan, hype projects are quite profitable, but the risk of getting caught in a scam is too high as well. If we want some assurance, ETH is the best candidate for that.
But if I were you, I would only focus on BTC because this gives us certainty. unlike altcoins can do. Investing is not just about the money we could possibly get and choosing where we can earn more, but the most important thing is that we are safe. At least, in Bitcoin, we feel safe and will keep on rallying in the future.