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So you have to keep in mind that not every coin out there will lambo and go to the moon! Some coins are built off the back of other coins and in my opinion, in order for those coins to survive the big daddy so to speak will need to continue it's success.
Take everything i say as pure entertainment value only. Do not take any financial advice from me at all. I am not a financial advisor, I am only documenting my crypto journey for others to watch. With every investment platform, altcoin or program there are a lot of risks. Know what you're getting into and do your own research first!
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Any top tips that you guys have?
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Great video. As a noob to the crypto space, this info is very useful. One question I have with these smaller coins is if there's a minimum value that you consider as a possible investment. By this I mean is it better to put 50$ into 50 coins or 500$ into 10 coins? (i put this as a reply because I could not submit a comment on the dtube page)
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I would say $500 into 10 coins. It's not always good to spread yourself too thing! While you don't want to miss out on future gains, 50 coins may be a little large of a portfolio! Be careful though, just because a coin is 'cheap' it doesn't mean it is 'undiscovered' usually if a coin is cheap then it may not reach the kind of price levels of btc or eth simply because the total supply of that cheap coin is so high.
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Congratulations @cryptojackyt! You have received a personal award!
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Congratulations @cryptojackyt! You received a personal award!
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Vote for @Steemitboard as a witness to get one more award and increased upvotes!
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