How many different coins should you own?
Today it was hard to watch sometimes to see all the red on cryptomarketcap, but it's made me realize that i am too spread out. I had over 20 coins, which during times like this it's hard to manage. So I'm thinking 5 to 10 would probably be the best, but there are new coins coming out all the time so you need to be readjusting all the time. Here's what i would say is the top 5 to hold, heavily waited in the top 2.
- Bitcoin
- Litecoin
- Ethereum
- Monero
- Dash
Bitcoin and Litecoin are market tied it's interesting that you include Monero and Dash, but not Steem. The Contract based currencies have a potential long term growth because they are based in a real property. Bitcoin and Litecoin are likely to equalize.
Just my ...
for a 'low risk' and 'stable' portfolio I agree with you.... but the problem this is the crypto market and the traditional financial rules don't work exactly like that... I think people should also hold some coins with strong potential...