All my money in 1 altcoin - Too risky? - page 3.

carlisle1

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Quote from: Gamakazzu on December 25, 2017, 10:41:00 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

If you are not that good in choosing coins or making research about altcoins,then diversifying is best for you since this is the safest way to invest.because you will have options of gaining and even if one dies the you still have another chance to earn

kalashnikovski

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This is not smart. Learn the basics of investing, the most important rule is diversification. If a person does not know this, it is better to wait with investments.

Nitori_m

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The same thing I will tell myself ; FOMO. I certainly can't think of putting my money in one portfolio - - the series of "what if" will give me nightmares. I think you can put more of your money in BTC and share the rest between-maybe three Altcoins? (ARK, LINK, STELLAR) (ETHEREUM, Swachhcoin, Ripple). You should also be sure of what kind of trader you want to be, long time, short time, this will fuel your move too

gandalfar

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In my opinion it is not dangerous if Altcoins have the potential and the good. You can guard against the risk if the Altcoins sell in bulk but only one Altcoins in the coinmarket does not fall and that's the one you hold.

ay.postnov

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If you will invest all your money in one coin you could lose your money, so the best optionis to separate your investments!

gamechangers

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If you invest all your money in only one project, what you have done could be likened to putting all your eggs in one basket or testing the depth of a river with both feet. If there is any challenge that may lead to failure of the project, that means your money is gone. Spreading your investment makes more investment sense.

gigusico

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I think that this is really a stupid decision, with such investments, you can lose a lot more than distribute your funds

guydin

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I will not tell you about the risk of risk because you already probably know about it. Try to analyze the top 10 altcoins and invest in at least 2 projects. And then analyze and share with us with the news)

rocketbits

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Quote from: Coinredd on September 17, 2018, 12:06:53 PM

very high likelihood, the possibility of getting high profits is very high therefore both possibilities can occur.

Of course it is. This is the reason they say do not keep all your eggs in one basket. There is always a threat of loosing some money if you put in your whole savings in one asset. It might counter any sought of strict regulations from the government or it might loose liquidity due to any sudden crash. Besides, keeping many assets intact often maximizes the amount that you might have earned otherwise. So better apportion your money into multiple coins.

RondoAnyar

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it is very risky if you only risk all the money for one altcoin, I advise you to divide into several altcoin posts so that when other coins suffer losses can have a coin reserve to stabilize your finances.

Alijiindahaus

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Quote from: tonlong on September 19, 2018, 12:09:40 PM

I do not think it is dangerous because you are holding coins for what is worth mentioning. If you keep an Altcoins but it's worth it you do not need to worry. People usually say a coin is more than nine coin. So be confident when you hold a coin but it can change the appearance.

in any case, if we assume that all investments are directed to the etherium, then I think that these are fully justified actions.

Zackgeno96

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Quote from: Gamakazzu on December 25, 2017, 10:41:00 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

Yes it is too risky.
At present, the crypto market is very volatile and hence investing in one coin can lead to more loss than investing in 2-3 coins as every coin has different stats going on currently. Some coin is seeing an increase and some coin is seeing a decrease in its market capital.
You can consider Ethereum, Litecoin, Monero to invest in as these coins have great potential. Ethereum has a potential to cross the $1000 mark by the end of 2018 and is the best alt right now. The coin holds a market capital of $21.8 billion and is also been adopted by major companies like Microsoft, Intel. It is good coin to invest in.

tonlong

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I do not think it is dangerous because you are holding coins for what is worth mentioning. If you keep an Altcoins but it's worth it you do not need to worry. People usually say a coin is more than nine coin. So be confident when you hold a coin but it can change the appearance.

Leo

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Wow that's way too risky, I will advise you not to do it, it's good you just diversify your portfolio, because putting all eggs into one basket in dangerous especially the volatile crypto market

furkantugra

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this market will always have such hard decreases, we should get used to it or we should always take precautions according to it.

Flexibit

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yes of course it is too risky once the coin drops it price you really need to wait for it to have a good value unlike when you distribute your holdings there is a chance that you can lessen your chance to have a negative profit.

ramsankadirov1345

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It is extremely risky. Let's tell even that you have one chance from one thousand that your coin will grow in price and will make for you profit. I will tell honestly, I so would not risk.

nebiki

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Quote from: AlexandrInt on September 18, 2018, 01:13:16 PM

There is no risk in this, but it can be justified in the best course of events, because many consumers of bitcoin use, but is all the money? This is a big issue that we need to work on.

in investing and trading in bitcoin and altcoin there is certainly a risk that exists even though it is large and small for sure. therefore to invest 1 coin using all the money is very risky. it's better to invest in some of the best and safest coins

martyns

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if I think that investing in one type of coin can affect the movement of assets, if prices rise, 100% of your money will also increase 100%.
if you divide the number in 3 different coins.
then the movement of the value of your money is divided, according to the three movements of the coin.
but if it's divided into 2 or 3 different coins, then you have reduced the risk of losing in whole ...

Gudhal Untu

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Of course this is a risky thing, we never know whether the future of the altcoin is improving or not, it is better to divide the money on many altcoins so that if there is one drop then the others still have a chance to improve.

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