All my money in 1 altcoin - Too risky? - page 46.

anggurMerah

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Activity: 126

Merit: 1

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

I do not think it's a problem if you just want to focus on 1 Altcoin. But I suggest you should buy Altcoin that goes top 10 Altcoin. Because if you buy a good proven Altcoin, of course, you will not be afraid if hold it for a long time. The risk will not be too big than you buy Altcoin not yet famous.

onetwostep

full member

Activity: 658

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The more risk you take, the more money you can earn. For example, 1 month ago, people who bought docademic could not stop selling until now 40x and they were rich

more risk more profit everytime. But you can lose your money too

modmalaney

sr. member

Activity: 700

Merit: 251

If small capitalization I think not too became a big problem. even for the novice as well invest in one altcoin also no problem for it to be quick and immediate visible results. But if you already entered in the scale of investment capital will certainly be very risky If you only invest in one altcoin only.

Flor1982

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Activity: 714

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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

The golden rule of trading and investing is to not to put all of your eggs in just one basket so therefore for me it is not advisable to invest all of your money in one Altcoin specially that many Altcoins are now belong to the crap coins but maybe if you choose the top Altcoin like Ethereum and Litecoin then the risk for sure will reduce.

uwouw0

member

Activity: 196

Merit: 24

Quote from: YCryptos on May 28, 2018, 06:59:09 PM

Better diversify your funds. If you have $ 500, then invest 5 altcoins at $ 100. Choosing projects for investment is better from the top 20.

that too much i think invest your $500 in 5 type altcoins. 2 or 3 altcoins its enought for me so you can control/monitoring price.

indobitcoin.tk

sr. member

Activity: 700

Merit: 250

focus to one crypto if at the time the benefit was indeed produced largely. However, when a loss would also be the same. better even though the capital a little split into two or three. so even though the results were not as big as if at a crypto but will be able to anticipate the losses that occurred.

beami

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VANM - VIRAL ADVERTISING NETWORK MINING

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 only focus on one Altcoin course this is very risky. Because you will never know the extent to which Altcoin you hold can survive. Moreover, you are investing in top 40 Altcoin who do not know future developments will be like. If I may advise you, you should invest in 2 or 3 Altcoin that has proven to be good and promising. Although you spend a little big capital the results you get later will also not disappoint.

Joshapat

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Activity: 1526

Merit: 255

Quote from: babyaia on May 28, 2018, 03:53:49 PM

If you have a big amount of money to invest I think it is good if you buy at least five different altcoins or more,it is risky here in crypto but when you have different coins maybe the risk is lesser.

Putting money on one coin is certainly a very risky thing, we all know that the price of cryptocurrency is hard to guess so for security reasons it's better to divide the money into different types of coins or at least 10 coins.

YCryptos

newbie

Activity: 127

Merit: 0

Better diversify your funds. If you have $ 500, then invest 5 altcoins at $ 100. Choosing projects for investment is better from the top 20.

@hosimanaka

newbie

Activity: 154

Merit: 0

Quote from: Didin on December 25, 2017, 11:50:40 AM

never put your money in one basket,,
better you split your funds, to minimize the risk my friend

Yes. The experience of foregoers leaving the investment in the crypto market should not accrue to an altcoin so it is very risky for us if that altcoin collapses. But if investing in the coin up CMC is more secure than investing in ICO

babyaia

newbie

Activity: 164

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If you have a big amount of money to invest I think it is good if you buy at least five different altcoins or more,it is risky here in crypto but when you have different coins maybe the risk is lesser.

crazyavdik

newbie

Activity: 56

Merit: 0

If your budget is small and have enough information, you can put all your money in one coin. If you succeed, you will get high profit and spend it to reinvest in other coins

NavySeals

sr. member

Activity: 371

Merit: 250

Quote from: Lastsamuraj on May 28, 2018, 03:35:16 AM

Everything in crypto is risky.If i had to pick just one alt,i would pick something strong on thr market.Yes profit might not be as good as low market cap coin,but risk of scam will be a lot lower

Being in only 1 coin is risky. If you're in bitcoin and ethereum, it's more safe but still risky. Having more coins is more logical in this situation. If one drops down, the others can rise up by giving you profit.

Lastsamuraj

full member

Activity: 266

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Prontapay

Everything in crypto is risky.If i had to pick just one alt,i would pick something strong on thr market.Yes profit might not be as good as low market cap coin,but risk of scam will be a lot lower

tesla80

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Activity: 448

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Full Stack Engineer

People are putting their money into a single coin for 10 years, you guessed it - bitcoin.
So there are people who put all their money in ETH, LTC or XMR for years. So they earn money all the time as you see.
The thing is which coin you select?

alizalela7

newbie

Activity: 182

Merit: 0

So you invest all your money for a kind of altcoin I suspect it's dangerous because it can go down low and you can lose a lot of money from those that bring you danger when you are brittle run out of money on 1 altcoin

Sarisang

sr. member

Activity: 784

Merit: 250

very risky. especially if the given quite a lot of capital certainly will make the threat if the price instantly falls down inside. though indeed there would be no one knew how later but at least begin to anticipate with drawing up strategies for investing in order to obtain maximum results.

iamike

jr. member

Activity: 314

Merit: 1

All your money in one altcoin to me is more than too risky. Is like storing all your eggs in one bowl. Please I suggest you split it at least three and invest in other important and selling altcoin.

bitcoinisbest

hero member

Activity: 1218

Merit: 557

Quote from: yohaneshs on May 27, 2018, 11:50:38 AM

If you just have a small assets, i think you can investing in one ICO but you must analysis before about the projects, future plan and prospects in the crypto markets.

Yes if investing is a small amount then it is fine to invest in single coin else it is always mandatory to invest in multiple coins so that you can get the best of the returns and not just have to be dependent on single coin. Also never place all your eggs in a same basket is the the ideal philosophy.

Maxre

full member

Activity: 812

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https://combonetwork.io/

if risk is a pleasure for you, I think that's your right decision.
I think investing does not have to be much alt coin but how do you take that decision with the various considerations you believe.

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