Potentially you are going to need btc,eth and neos gas for transaction fees going forward so hard to limit to 5 let alone 3
Can you expand on that please? That gives the impression that they will be the only 3 networks we can transact on, which isn't the case. More info on what you meant would be great That said, you might only need to hold a little dust in those amounts to transact - they certainly don't need to be main bags though which is what I'm referring to
More so to get into other coins currently. Look at most pairs are with BTC and ETH, Neo will head that way too(If buying tokens under Neo Contracts - eg NEX - could only buy with Neo or gas) If you want to buy say THeta or Eos etc, you need primarily BTC or ETH (yes there are other options like buying on Binance using BNB but you had to get BNB using some other coin, follow that link back you come back to eth or BTC in most every case) As for how many different coins to hold thats an each to their own thing but at say 8 coins you are covering just less than 0.5% of the coin market, not a large spread at all.
Yeah I know all about trading pairs and what's required to buy what etc but my question wasn't to do with that. I get we need to have some to initiate trades but I'm talking about beyond that, what you're actually holding and not just dust required for exchanging etc I guess it is each to their own as you said, but I was just curious as to what people are doing in terms of their spread and amount of coins they're in Personally, I think 4-5 is the most I would ever be in at any given time simply because I don't see the point in having less than 20% in something. Getting a gain of 2x, 3x 10x etc doesn't happen as much nowadays so when they do occur I'd want a good amount in so I get a good return, but that's just me For people that do have 10% or less in a coin, I'd be curious to hear your logic behind it if you're willing to share
Bytecoin listed on Binance a few hours ago and already up over 160% which is insane considering it was already a Top 20 coin that had well over a 1.5B MC
This video touches on many of the questions you've asked. Edit to add: link not working, try this I'm thinking 10 - 20 coins would be a solid long term hold. I expanded on my thoughts about designing a portfolio in the IOTA thread. I don't think about % assigned to individual coins, just happy to have a position in some of the assets. Those coins that make up less than 10% of my portfolio can easily turn around eg THETA, whilst those that were previously good performing coins which made up more than 10% of my portfolio can fall on hard times eg ADA. When adding new coins to my portfolio my goal is to spend $X over a period of time on an asset and then move on once I've reached that goal. My next goal is to accumulate Polymath.
Thanks for that Shiney As for Polymath, I'm sure you probably know more than me considering it's one you're looking to build a position into but I do recall hearing some negative things about it previously so just be sure it all checks out
No guarantee point 2 is related to point 1 but seeing the reveal of point 1 is on 10/5 and Point 2 was announced today..... 1 - NEXO Tokens will be listed on a Top 10 exchange on May 10th, with more listings following. 2 - Binance’s Coin (BNB) will be accepted as collateral for instant crypto-backed loans on the Nexo platform, and will be the first altcoin after NEXO Tokens to allow its holders to access cash by borrowing against it.
I assume Hit-BTC is the exchange? https://medium.com/nexo/front-running-wall-street-with-nexo-f66fb82868fb
That looks like it good pick up sir "NEXO Tokens are hitting official exchanges May 10th. We will post additional information in due course, but suffice it to say — NEXO Tokens will be available on a Top 10 exchange by volume."
I know we have a few people here that got into Wagerr If anyone wants to buy/trade for mine then PM me
nexo - loans platform nex - neonexchange (and I want me some of this puppy when action is opened too)
I am aiming to have the following splits: 40% in currency coins: Half of that in BTC, the rest evenly split between LTC, Monero, Ethereum (may also add NEM to the mix) 40% in income generating coins - Populous and Nexo 20% in big picture coins - OMG and Pillar Will probably also have a bit thrown at new, smaller ventures like Raven coin.
For those of you that have Wagerr, is anyone here trading it or using one of the exchanges that it's currently being traded on?
