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Thank you both! I should have clarified, I have a bunch of stocks and funds and stuff where a vast majority of my investments sit. At least 95% is in traditional investments I would say.
This ~5% in crypto is where I'm willing to take a ton of risk. I might lose it all, but I might hit it big. So of my "risky" investments I guess I'm just trying to figure whether to spread across like 30 cryptos or keep to the safer well known ones.
Something I need to figure out on my own after my own research. Just kind of curious what other people do. All crypto eggs in 1 basket or spread it aroiund?
Spread risk but it doesn't stop you researching the ALT coins your willing to invest in.
ALT coins cover Shit coins, Shit coins are very high risk and are usually subjected to huge pumps and dumps, these you would have to keep an eye on very closely.
You will need an exit strategy and practice it, researching that will depend on the country you live in.