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Topic: All my money in 1 altcoin - Too risky? - page 14. (Read 7741 times)

newbie
Activity: 72
Merit: 0
August 14, 2018, 11:44:57 AM
Keep all the money in one cryptocurrency - of course risky, it is better to invest in different currencies. Especially in the market of cryptocurrencies from very much and where one currency can sink, another will give a big profit.
jr. member
Activity: 121
Merit: 1
August 12, 2018, 03:55:34 PM
I believe that you should not invest in only one cryptocurrency to your cryptoperthite should make at least three different cryptocurrencies.
newbie
Activity: 46
Merit: 0
August 10, 2018, 07:07:00 AM
Yes, certainly. It's risky. If possible, try to invest in a few basic and long-existing ones. This is the safest option. Although the emergence of new cryptocurrencies in the market can bring many more surprises.... Both positive and not so positive.
member
Activity: 224
Merit: 10
August 09, 2018, 01:02:30 PM
Hi,
the altocoin market is so variuous and there are dozen of interesting projects that can be supported.

But  i'm a little investor (500$) and i'm seriously thinking to put all my money in only 1 project I think is very good which curretly is in the top 40 of altcoins. I don't want to say the name because my topic wants to be very general: what do you think is the risk  by doing so? Should I invest in 2 or 3 coins instead?

Thanks
I think the only money you should invest in crypto currencies is the money you can afford to lose. If you want to spread the risk, sure, diversify between several alt coins, but remember they’ll all high risk investments in any case.

The crypto-currency sphere is still very far from being part of the ordinary life of our citizens. For many, this world still remains mysterious and incomprehensible, although the same laws of development operate there as in other areas of human activity.
full member
Activity: 826
Merit: 102
August 08, 2018, 12:53:59 PM
As you also know that it's risky,  so don't try it else you might blame yourself,  in Crypto world diversification is really important in order to make your portfolio solid and avert being dumped on by just one coin,  never put all your eggs in one basket
newbie
Activity: 196
Merit: 0
August 08, 2018, 12:50:17 PM
Hi,
the altocoin market is so variuous and there are dozen of interesting projects that can be supported.

But  i'm a little investor (500$) and i'm seriously thinking to put all my money in only 1 project I think is very good which curretly is in the top 40 of altcoins. I don't want to say the name because my topic wants to be very general: what do you think is the risk  by doing so? Should I invest in 2 or 3 coins instead?

Thanks
I suggest you not to invest all your money to only one altcoin. It is possible to lose a huge amount in minutes if you do so.
sr. member
Activity: 968
Merit: 250
August 08, 2018, 12:34:59 PM
Cash is not money or they are all uniquely. The most reliable way to get BTC with 50% cash tee and 50% of the remaining money.
member
Activity: 322
Merit: 20
August 08, 2018, 12:20:28 PM
No way Jose . Don’t fall in love with just one project spread out your investments you never know what couls happen to that single coin . Find the best projects you did a research on 5 coins and invest 200$ on each and wait and see what happens

Come on, to find these best 5 coins on the market, you need to analyse and research thousands of them! Not so easy, as it can make you mad, so it's OK to start with one coin and then to add something else to your portfolio. I guess most of as started with BTC as our first coin.
jr. member
Activity: 108
Merit: 1
August 08, 2018, 06:01:34 AM
No way Jose . Don’t fall in love with just one project spread out your investments you never know what couls happen to that single coin . Find the best projects you did a research on 5 coins and invest 200$ on each and wait and see what happens
jr. member
Activity: 159
Merit: 1
August 08, 2018, 05:46:21 AM
Agreed it’s very risky, sometimes those high risks pay off though, most of them time they don’t though unfortunately  Cheesy
hero member
Activity: 896
Merit: 500
August 08, 2018, 05:16:38 AM
Investing on the cryptocurrency is risky but if you only invest in 1 altcoin it will be lower the risk but make sure you make a deep research to that alt/token because that alt price in future not only depend on bitcoin price but also their product development

Investing in 1 altcoin only (or in Bitcoin, it does not matter) is a great risk. Even when you are almost sure that this is the perfect crypto that will grow, you can be never sure that it will be like this. Buy at least 7-10 alts.
member
Activity: 448
Merit: 10
https://auditchain.com
August 07, 2018, 03:46:41 PM
Did you hear - never put all eggs in one basket? Yes, its too risky. Market situation is not stable. One day you have 30% profit, second day minus 60% for example. Or this coin can slowly die. The one and only crypto you can put all of your money only Bitcoin
full member
Activity: 518
Merit: 100
August 07, 2018, 03:22:32 PM

Its hard to choose a single good coin when a coin with great promise and one which was just made for the memes occupy the same page on coinmarketcap. This is all due to speculation. With speculation, the true value of a coin is obfuscated, only to be uncovered when the speculators leave and proceed onto the next big thing. The good thing with that is whenever they leave, the true value of the coin comes and then what drives the price is the technology of the coin and the team behind it. Nothing else. Or just go with an ICO that shows promise, like Eterbase.
member
Activity: 154
Merit: 10
OPEN GAMING PLATFORM
August 07, 2018, 03:21:38 PM
I will give an example. I have bought NPXS on 25. I have sold on 35 today. it would seem - small figures, and a profit of 40% in 4 days. Well? more than perfectly, but present other situation when with 25 I would leave on 20. Too it is unpleasantly awful) generally, it is dangerous, but it is profitable, misters
member
Activity: 224
Merit: 15
August 07, 2018, 10:36:55 AM
bro if you put your money in one coin that very very risky .. if you lucky this coin well go up and give you big profit

but you must chose some very good coins and invest on it .. if one of coin go down .. other coins will help you
hero member
Activity: 1218
Merit: 534
August 07, 2018, 10:27:45 AM
I would never put all my money into one altcoin.  I would go 100 percent on bitcoin but never on a low marketcap altcoin that could die at anytime.  If anyone is seriously considering going all in on a lesser known alt only lose money that you are fine with losing.  I've seen many altcoins seemingly disappear overnight after the developers dumped their own bags.
member
Activity: 350
Merit: 10
August 07, 2018, 10:05:46 AM
Of course this is a risky step, in my opinion the right decision will be to scatter your medication for several altcoins
full member
Activity: 1708
Merit: 126
August 07, 2018, 09:27:21 AM
Hi,
the altocoin market is so variuous and there are dozen of interesting projects that can be supported.

But  i'm a little investor (500$) and i'm seriously thinking to put all my money in only 1 project I think is very good which curretly is in the top 40 of altcoins. I don't want to say the name because my topic wants to be very general: what do you think is the risk  by doing so? Should I invest in 2 or 3 coins instead?

Thanks


I believe that it would bring you too much risk. It is just important that you'll focus in more than a single crypto so that if one coin doesn't succeed, you'll still have other coins to depend on. It is just fine to take some risks but there must always be a limit so that we won't have any regrets in the future.
jr. member
Activity: 224
Merit: 1
IRONX
August 07, 2018, 09:08:26 AM
Hi,
the altocoin market is so variuous and there are dozen of interesting projects that can be supported.

But  i'm a little investor (500$) and i'm seriously thinking to put all my money in only 1 project I think is very good which curretly is in the top 40 of altcoins. I don't want to say the name because my topic wants to be very general: what do you think is the risk  by doing so? Should I invest in 2 or 3 coins instead?

Thanks
as one good proverb says, it is not a sitoit to keep all the eggs in one basket, considering that I recommend dividing your portfolio into 10 parts
full member
Activity: 700
Merit: 101
August 07, 2018, 08:52:44 AM
do not put your money in 1 bet, because if you experience a loss you will feel a huge loss. spread your money in a few coins on the exchanger because you will never know the profit or loss that you will get
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