Can I have two Apple IDS?

You are welcome. You will lose access to some of your data and the purchases made with your existing Apple ID. You won't be able to sync using iCloud. If you want to keep separate data on each device, then the data lost isn't a problem. You can try setting up Family Sharing between the IDs if you want to be able to share purchases made with the IDs.

Family Sharing

Family Sharing - Set up

You can have two or more Apple IDs. Unless you have a specific reason to have another ID, it is normally recommended to only have one ID as having/using two can create problems.

Apple ID - create a new

Apple ID – Create