Topic: All my money in 1 altcoin - Too risky? - page 18. (Read 7721 times)
it is very risky, you should be wiser to choose a number of potential coins than to have one unstable coin, so I think your money must be divided into several loopholes to always make a profit.
all in your money is a bad thing because cryptocurrency has really high fluctuations, if you use all money for 1 coin and then the price is drop, you'll be stress
but not in all coin, if you bet in a good coin, youll get higher income than you spend in many coinsbut the problem is very difficult to choose a good coin
that's why many ppl here suggest to spend in several coins
No, not at risk if you choose the potential altcoin. It's just will make you difficult to get the profit when you put all your money in 1 altcoin. But in my opinion, it's the worst choice.
This strategy can make you rich or make you completely rekt. I also tried this and I am currently with a huge loss due to this strategy. I suggest not to do this unless you have done lots of Research
yes too risky. I suggest divide your investment into 5-10 altcoins we can never expect how volatile prices everyday if you focus on only 1 coins maybe if price will decline and took long to recover its a big loss for your investment.
all in your money is a bad thing because cryptocurrency has really high fluctuations, if you use all money for 1 coin and then the price is drop, you'll be stress
Don't do that, you'll loose everything. Diversify, as much as you can. Diversity is the key, less risky. I personnally invest in bitcoin, ethereum and 3 or 4 alcoins. And I hold. Minimum until 2019 
And why not until 2020....
And why not until 2020....
Unless it is Bitcoin or ETH, your money would be okay but if your planning to put and bet it on one token that will be risky since you doesn't know if that token will reach the exchange or nor or maybe it will take too much time to bloom...
I think putting all your money for one altcoin has a high risk because if you are wrong in making a decision then you will lose all your money, better to share it in some places so you will have more opportunities
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$) and i'm seriously thinking to put all my money in only 1 project I think is very good which curretly is in the top 40 of altcoins. I don't want to say the name because my topic wants to be very general: what do you think is the risk by doing so? Should I invest in 2 or 3 coins instead?
Thanks
the altocoin market is so variuous and there are dozen of interesting projects that can be supported.
But i'm a little investor (500$) 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
Of course, it's too risky.
I don't know if you are still reading here but, after 7 months I would love to hear if you invested in that coin and which one that was.
Putting money in one place is certainly a risky thing, even if we buy all the money for bitcoin in last January then we lose more than 50%.
before you put all in your money, make sure first you're using the money which don't needs for daily needs. i suggest you don't all in your money only to 1 coin/token because if the price is drop, you will get loss. make your money for 3-5 coin/tokens and make it for daily trading. so, you will get any profit quickly and minimize the risk
I would not go all in one. Diversify... I think that is the best you can do in terms of spreading the risk.
Yes I'll do agree with one coin to invest is to risky because nobody can tell what altcoin was profitable in the next few days or months.If your coin was getting looser I'm sure you must quit because you are a looser.I would not go all in one. Diversify... I think that is the best you can do in terms of spreading the risk.
Yes I'll do agree with one coin to invest is to risky because nobody can tell what altcoin was profitable in the next few days or months.If your coin was getting looser I'm sure you must quit because you are a looser.
Try rather to diversify your portfolio. It's a rule of a good trader. Keeping everything in one project is not a reasonable option. Most of the time it's like gambling.
How on earth would you put all your eggs in just one basket, Who does that??? In Crypto world diversification plays a major role in getting more satoshi and dollar and it's one of the best way of not getting rekt
Too many altcoins on the market at the moment, and it is more than difficult to choose only one of them, but anyway, i would never put all my funds into a single one
Ofc it is very risky 
Obviously you heard diversification rule. IMO, you should nvest in only when you checked all the parts of ICO and truly believe in it success. I found Kelvin Blockchain, this project is very interested for me right now What's your fav right now/you waiting for?
Obviously you heard diversification rule. IMO, you should nvest in only when you checked all the parts of ICO and truly believe in it success. I found Kelvin Blockchain, this project is very interested for me right now What's your fav right now/you waiting for? Distributed speculation is necessary.
I have ten kinds of coins.
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I think it is very dangerous and has a very high risk you should not use your trading capital just to buy a coin only but buy for some coin also so you can get a lot of profits and can get the maximum profit.
Consider to invest in other altcoin that would gives a profit. Never invests in one coin it is not a perceptive decisions. Invests into worthy project that brings income in your wallet.
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