Topic: All my money in 1 altcoin - Too risky? - page 22. (Read 7760 times)
It depends on the altcoin you are going to buy if it has a good future or it is a good project. But for me i would rather buy another altcoin or you should divide it into 3 or 4. atleast you can earn from other altcoin because we don't know when will the price of altcoin pumps and dump. You can buy Eth, BCH and LTC because this altcoin has a good future and for sure you can earn a lot of profits with this coins.,
You need to keep your investment in various crypto coins. Because one crypt to the good does not bring. One crypt falls in price, another creeps in turns. Then you need to harvest the harvest, then your investments will work.
It's too risky if you're invested in 1 altcoin..try to invest Bitcoin too..but invest what you can afford to lose..
It is best to invest in litecoin NEO and Eos currencies.These are good for small investors.Now the market prices are down.So you can buy them now.I think there will be more profit if I wait two or three months.
There's a famous saying, don't put all the eggs in one basket. In this respect, investing in at least two or three different coins can reduce your risk. Even if the coin you keep is very robust, if there is a manipulation about that coin which happens frequently in this market, you will suffer seriously.
if it works you're a genius i tried it once, and i was not a genius lol i would highly not recommend this strategy but your money.
Is really a bad idea if you ask me there is absolutely no reason to make such a move as one shipwreck means the end of your invested funding
You should never put all you eggs in single basket! Always try to diversify your portfolio and invest in multiple coins.
According to me the coins of 2018 would be ICON (ICX). Here are my reasons to recommend this coin. ICON is an interchain blockchain that connects various blockchains such as Bitcoin, Ethereum, and Qtum. First, ICX is used as an intermediary cryptocurrency.
2018 is going to the year of decentralized exchanges (DEX) and ICX has a lot to contribute fir this. This can be in category of ETH and NEO.
According to me the coins of 2018 would be ICON (ICX). Here are my reasons to recommend this coin. ICON is an interchain blockchain that connects various blockchains such as Bitcoin, Ethereum, and Qtum. First, ICX is used as an intermediary cryptocurrency.
2018 is going to the year of decentralized exchanges (DEX) and ICX has a lot to contribute fir this. This can be in category of ETH and NEO.
It is too risky because most of the alt-coin right now could go down and we don't really know how long it could stay down or if some of them could really recover,
So for me it is really risky to put all your money in just 1 alt-coin or 1 investment.
So for me it is really risky to put all your money in just 1 alt-coin or 1 investment.
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$) and i'm seriously thinking to put all my money in only 1 project I think is very good which curretly is in the top 40 of altcoins. I don't want to say the name because my topic wants to be very general: what do you think is the risk by doing so? Should I invest in 2 or 3 coins instead?
Thanks
Distributing the risk with investing more than one coin is adviced. But if you want to double your investment fast with a coin you trust, then you can go on like that. the altocoin market is so variuous and there are dozen of interesting projects that can be supported.
But i'm a little investor (500$) 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
It is a big risk to go all in.
How much you have to invest is not really important for that decision, you should always diversify a bit even if you start with $50.
I suggest you to split in 3, for something a bit safe $200 in BTC then $150 in 2 others projects.
or you can try something like this :
$200 in BTC
$150 in STRAT
$75 in an other project
$75 in an other project
Should not invest in STRAT, I think this coin can not make much profit. Ideally, we should invest $ 300 in BTC, $ 100 in ETH and $ 100 left to invest in a secure ICO project. That is the way to reduce the riskHow much you have to invest is not really important for that decision, you should always diversify a bit even if you start with $50.
I suggest you to split in 3, for something a bit safe $200 in BTC then $150 in 2 others projects.
or you can try something like this :
$200 in BTC
$150 in STRAT
$75 in an other project
$75 in an other project
"dont put all your egg in one pack"
that proverb advises us to not put all money, you're better to devide in many coins to avoid big lose
that proverb advises us to not put all money, you're better to devide in many coins to avoid big lose
Hi,
the altocoin market is so variuous and there are dozen of interesting projects that can be supported.
But i'm a little investor (500$) 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
Yes, it's quite risky to put all your money on one single coin. But if you can't afford to buy more than one coin, I suggest you to pick established altcoins like ETH, LTC or BCH.
You know the right answer...) yea it's too risky. In my portfolio i have 15-18 coins. BTW wat coin you you invest alll your big) capital?
it's not risky, it's insane...like put all your money in russian rubble or mongolian tugrik
Of course, this is risky if you put everything on a single asset, better to diverrsify your money and try to divide it all on a few different coins, like bitcoin, ethereum, cardano and stellar, those are more than good if you are just a newbie
Wouldnt be a bad idea to take a look at some ICOs, if that counts as an altcoin to you.
I have a few here that you might possibly be interested in.
OPP Open Wifi is a community driven service with the sole purpose of creating a global, free to access open WiFi hotspot network and rewarding each contributor for being a part of their cause.
Orthogonal is an investment company that focuses their attention and resources on companies that almost promise financial return.
GrapheneTech is the first cryptocurrency based on a revolutionary material; Graphene.
I have a few here that you might possibly be interested in.
OPP Open Wifi is a community driven service with the sole purpose of creating a global, free to access open WiFi hotspot network and rewarding each contributor for being a part of their cause.
Orthogonal is an investment company that focuses their attention and resources on companies that almost promise financial return.
GrapheneTech is the first cryptocurrency based on a revolutionary material; Graphene.
if in my opinion too risky, because money if we do not care can lose our money all. so if the advice is more money you are divided into two for investment in the world of crypto and in the real world
Yes, it's too risky when you invest in one coin, you should invest 5 coins instead. Cryptocurrency is very volatile so think before you invest. You should invest on bitcoin and ethereum then choose more 3 coins to minimize the risks.
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
$ 500 in an altcoin or bitcoin. It's perfectly suited. You can own NEO or bitcoin or ETH or XLM, Etc. However, it is necessary to remain active and flexible in the selection and allocation of funds. well, this should not be a habit. Of course, your investment will increase. Consider> 3 altcoin of great value and reputation to ensure variety. 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
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