What are the pros/cons of this strategy

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I would like to buy 10 crypto currencies ($100~$150) each and leave it for a long period. What are the pros/cons of such approach? Some things I can think of

  • Coins disappear with time and some might be erased over time...?
  • Holding them?
  • Creating a paper wallet for each (I do not want it to be in an exchange, I do not trust them)?
  • Transaction fees might be too high?

I don't know what I don't know, so I am not sure what to be careful of, so I am asking from your experience.

Thanks!

Yura

Posted 2017-10-17T18:46:20.273

Reputation: 117

Answers

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I believe if you buy those coins under a BTC base and when they are very low price would be better.

But considering BTC is growing fast every year, I would just keep my holdings in BTC. Much safer.

Roger Oliveira

Posted 2017-10-17T18:46:20.273

Reputation: 113