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Topic: All my money in 1 altcoin - Too risky? - page 5. (Read 7760 times)

jr. member
Activity: 32
Merit: 2
September 17, 2018, 01:05:05 PM
$300 Bitcoin
$100 Litecoin
$100 Blocknet
newbie
Activity: 53
Merit: 0
September 17, 2018, 12:38:21 PM
All the money to invest in cryptocurrency is risky, even very risky. Because the store doesn't pay and there should be an airbag. Yes, it is better to invest part of the money in different cryptocurrencies.
member
Activity: 280
Merit: 10
yamzu
September 17, 2018, 12:21:22 PM
It is so interesting idea. I just did the same and don't know what to expect too. Now, when I think about my decision, I think it is so risky now. So I invest in some other altcoins.
sr. member
Activity: 896
Merit: 250
September 17, 2018, 12:10:20 PM
of course risky because if you lose the coins that we have invested are over, and if we invest into a few coins then we can have more coins that will replace the coins that were lost and the benefits that we will get are definitely large
full member
Activity: 378
Merit: 103
September 17, 2018, 12:06:53 PM
very high likelihood, the possibility of getting high profits is very high therefore both possibilities can occur.
full member
Activity: 280
Merit: 100
September 17, 2018, 11:08:53 AM
I don’t advise you to invest all your money to 1 altcoin because if this token become a cheap you will loose your money. You should make your risks minimal, I advise to buy about 5 altcons for this amount.
full member
Activity: 630
Merit: 110
September 17, 2018, 08:44:38 AM
It is always the highest risk to have all your money in any single investment so spread it out among many different coins and investments.
sr. member
Activity: 714
Merit: 250
September 17, 2018, 12:21:06 AM
very true, if there is money and is stored in altcoin it will be very risky. this is because all altcoin prices are starting to decline so it is very risky if the analysis is wrong in the selection.
This risk is very large and in my opinion we must be able to manage properly. advantages and disadvantages certainly exist but we better not save on 1 coin or 1 platform
full member
Activity: 448
Merit: 100
September 16, 2018, 11:55:44 PM
very true, if there is money and is stored in altcoin it will be very risky. this is because all altcoin prices are starting to decline so it is very risky if the analysis is wrong in the selection.
full member
Activity: 476
Merit: 103
September 16, 2018, 11:37:25 PM
Yes, it's a very big risk. I invested all my money once in Apex and suffered the strongest collapse, so you need to rationally approach this issue.
full member
Activity: 476
Merit: 100
September 16, 2018, 10:28:21 PM
It would only be very risky if that is a new released altcoin in the market. But if it's like 3-5 years altcoin that is always on top 100 then I guarantee you that there is very less amount of risk involved. But the good advice is always to try diversifying it on at least 3 altcoins.
newbie
Activity: 196
Merit: 0
September 16, 2018, 06:40:12 PM
In my opinion, it is better to make your own research and trust your guts.

The most of the privacy coins are undervalued right now.

The best opportunity is to find a privacy-related project with a low total supply (less than 100M), that way the price will be increasing much faster.

I recently found a hidden GEM called Ethereum Meta, it is related to anonymity and untraceable transaction. They have a very interesting project to build the Anonymous E-Market Place.

They are already trading on exchanges, you can check their website: https://ethermeta.com/
Or even better go through their Bitcointalk thread: https://bitcointalksearch.org/topic/future-of-privacy-ethereum-meta-foundation-of-anonymous-e-marketplace-2659058

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” ― Warren Buffett
sr. member
Activity: 532
Merit: 250
September 16, 2018, 01:11:03 PM
It is impossible to predict, there are risks everywhere. But still it is better to invest not in 1 cryptocurrency, but in several, because it is very difficult to predict the future leader.
certainly very risky, because by investing in one altcoin, if you lose a coin, it will run out of our coins, but if you invest in 2 or 3 coins, if you lose or the price falls again, there must be other coins that we can run. so if I think it's better for crypto world investment then you don't just invest in 1 coin
newbie
Activity: 13
Merit: 0
September 16, 2018, 12:44:02 PM
Put in what you can lose and it won’t break you. Or watch everyone get rich and save your money for the booze you will need. These opportunities come around once in 10-20 years.
newbie
Activity: 40
Merit: 0
September 16, 2018, 12:36:04 PM
If you understand trading and are 100 percent sure that there will be growth then Yes it is reasonable , but only for a short time ! Or if you just keep money in bitcoin !
full member
Activity: 658
Merit: 101
September 16, 2018, 12:25:30 PM
Ofcourse its so risky. You can experience a great disaster because your whole investment is in one place. Your investment can quickly gain value, but you can also experience a rapid decline Smiley
jr. member
Activity: 278
Merit: 1
simply getting the job done
September 16, 2018, 09:56:29 AM
Never need to store all the money in one coin ! Need to distribute in different to in case of drawdown to be somewhere in the black !
jr. member
Activity: 110
Merit: 1
September 16, 2018, 09:46:47 AM
Risky, definitely. It is better to distribute funds into several currencies, because investing all in one, it is difficult to predict what it will be in a day.
full member
Activity: 2590
Merit: 228
September 15, 2018, 06:08:35 PM
Your so brave putting all your money in one altcoin is too risky, I'm giving you a negative suggestion but how about if the that coins you can choose become uneseful and deleted to all exchange.

That's only. Y future thinking but if want to secure your money spread your money in a different altcoins with strong stability in the coinmarketcap.
newbie
Activity: 94
Merit: 0
September 15, 2018, 06:00:05 PM
The phrase"too risky" is relative you know... What might appear risky to you might be a normal venture for me. Follow your heart mate. No risks, no rewards!
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