I would never go all in one one asset in such a speculative space. Check into ICOs, there is some good money to be made there, especially when researched well.
I have a few that i would recommend looking into.
Deedcoin is a cryptocurrency that will simplify real estate. Deedcoin customers use DEED to decide what to pay in commission costs when purchasing or selling a home, lowering the traditional 6% fee to 1%.
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.
Topic: All my money in 1 altcoin - Too risky? - page 24. (Read 7721 times)
I think its just madness to put all mone in 1 coin ( don't count if its Bitcoin - it works like an index for crypto market.). You can lose all your money or some other coin will make a bigger gain
Yes, it is risky. Better to divide your money into 3 to 5 different coins so that there is a possibility to make it more secure and avoid a big loss.
Yeah, it could help you to avoid a big loss. But, to make it more secure? That's wrong, there is nothing related between secure and how much coins do you want to invest. The possibility is still the same you can still have the same risk of being loss. The only difference is the amount you want to spend.
Of course, it is too risky nowadays to just rely on one type of asset. You should learn how to diversify your investments by not relying on one altcoin only. As the old saying goes, do not put all of your eggs in a single basket. You know why? If one goes down, all of it would go down too. By putting some of your funds to various altcoins, at least you would lessen your frustration or disappointment in case the market falls.
Yes, it is risky. Better to divide your money into 3 to 5 different coins so that there is a possibility to make it more secure and avoid a big loss.
keeping some of the money in Ethereum can save you from harm and I recommend that you deposit 2 different altcoin
Keeping money in many alt coins is better, investing in two or three alt coins is very risky, only one alt coin has to blow and you will make nice money. Of course, you can go with ethereum but in my opinion it is better to invest in cheap alt coins. If you still want to suggest someone to invest in ethereum, maybe to check other undervalued smart contract platforms.
I think it's a very bad idea to put all money in one coin. According to the risk/ reward technique, you have to high risk.
Risky any investment in the crypto currency, if you are confident in this project, then why not take a chance
I suggest divide your investment into 2-4 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.
Yes. It is very dangerous to invest altogether in an altcoin. You can invest in BTC or ETH. But with altcoin that should not do. Can scam or die at any time. can get a discount quickly after a few days. Invest in many altcoin and scaling appropriately
today morning all my money in bitcoin ..my predict was good, it just a positive coment on SEC member about ETF and bitcoin rising nice, and i regret not buy xlm in sharia project
I too think that the SEC news is what make bitcoin pumped today and it's such a really good news. Not only that, other altcoins are pumped aswell. Maybe we will hit all time high for bitcoin very soon and then mark a new record, good thing i still keep majority of my coins.
today morning all my money in bitcoin ..my predict was good, it just a positive coment on SEC member about ETF and bitcoin rising nice, and i regret not buy xlm in sharia project
that's a cool news! 3des project entered etherdelta.
There might be a couple of profitable altcoins out there, don't put your investment in just one. Disarrayed your investment in different altcoins. I think you might invest in 3-5 altcoins don't focus on 1, research and study would a good start in investing on crypto.
if you have all the information, it not risky
but if you are just shooting for the star, diversify recommended
but if you are just shooting for the star, diversify recommended
Not too risky if you buy a solid project and have a good roadmap. $500 is good for investing only one coin, ans you can considering to buy any one of the top 20 coins on the coinmarketcap. You have to be sure that can hold the coins for a long time, to have a big profit in the future.
There's the info that 3des will be pumped soon on etherdelta. They launched their futures there.
Its always to use the whole equity in one coin.Always use money management and you must have a diversified portfolio.Its always safe method to trade in alts market.
500$ is not a big number so you can divide the amount to invest. If you invest a larger number. You need to have a clear investment plan. Choose 4-8 different coins. And the ratio is consistent with each penny to invest. Not all in a coin. Five times more risk than investing in five different coins
keeping some of the money in Ethereum can save you from harm and I recommend that you deposit 2 different altcoin
Jump to: