Topic: All my money in 1 altcoin - Too risky? - page 9. (Read 7721 times)
If the cryptocurrency is stable now, I do not think that there is anything to be afraid of. But of course it is better to store funds in several currencies.
Why it's risky, if you choose a stable type of ether or Litecoin, then there is virtually no risk. But if you certainly invest in pumps, then the result will be deplorable, so you need to diversify to reduce regret.
Litecoin is a good stable coin, but everything depends of the price of Bitcoin. Besides of this reason I think that it is better to hold a big part of your holdings on Bitcoin and a low amount in alt coins.
Bitcoin is the parent of the price of altcoins, of course it is natural that litecoin prices are very dependent on the price of bitcoin, but I do not like that it only relies on one coin so it is preferable to share money in many places.
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
Very precise. I agree with you. Need to be divided for all coins that have the most frequently used qualities. If only 1 coin is used to invest it is very detrimental, it will cause losses. It's better to be wise in investing. Because investing is very risky. 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
Why it's risky, if you choose a stable type of ether or Litecoin, then there is virtually no risk. But if you certainly invest in pumps, then the result will be deplorable, so you need to diversify to reduce regret.
Litecoin is a good stable coin, but everything depends of the price of Bitcoin. Besides of this reason I think that it is better to hold a big part of your holdings on Bitcoin and a low amount in alt coins.
Bitcoin is the parent of the price of altcoins, of course it is natural that litecoin prices are very dependent on the price of bitcoin, but I do not like that it only relies on one coin so it is preferable to share money in many places.
You can go to a casino and bet on a roulette number, it's a pretty close alternative. 
Yes it's to risky because you don't know if that token or project will succeed try to invest 2 or 3 maybe so you can wait on 2 or 3 price in market place and prevent regrets.
the $500 is not a lot of numbers. even if you lose it all, your life will not be affected. you can bet once and follow your instincts. good luck. u can put it on STAR. I have studied it for a long time. i think it is a dark horse.
On my wallet, with the market of today, all investments have lost more than 80 percent, my patience still allows me to enter the wallet without valerian, but faith is strong! 
All depends in which coin you invested. But in any case, it's safer to split your investment into few parts, than you will not regret if the price will dump.
You are still regret even though you have split the investment accordingly. But at least, you have something to recover your losses if any. There are people that are crazy to put all of his/her money in 1 altcoin, the outcome is 50:50 where if he wins he could have bigger rewards than anyone else and vice versa. But, for regular trader, you shouldn't become like that and try to stay at the safe zone if possible.
Why it's risky, if you choose a stable type of ether or Litecoin, then there is virtually no risk. But if you certainly invest in pumps, then the result will be deplorable, so you need to diversify to reduce regret.
Litecoin is a good stable coin, but everything depends of the price of Bitcoin. Besides of this reason I think that it is better to hold a big part of your holdings on Bitcoin and a low amount in alt coins.
If you don't invest more than you can afford to lose, "risky" is a completely irrelevant concept.
to keep money in one crypto-currency is too dangerous. It is best to buy a few different coins and invest in them about the same amount of money
All your assets in bitcoin is a bit risky even.
But risks sometimes pay off.
Just identify the possibilities and potential.
You could lose all, or win big.
It always helps to have something to fall back to.
But risks sometimes pay off.
Just identify the possibilities and potential.
You could lose all, or win big.
It always helps to have something to fall back to.
If investing in a coin is too dangerous. It can make you rich quick but can also take away almost your entire investment. In my personal opinion, I would invest around 3 to 5 altcoin in the top 100. So my safety is higher, but margin profitability may be a bit lower than investing in 1 altcoin.
If you invest your money in only one kind of coin then you are too risky because you have to depend heavily on the coin you invest in. We should not invest in a single coin but should invest in many types. different coin
no1 rule of crypto
1) divesify
2) Diversify
3) Diversify
1) divesify
2) Diversify
3) Diversify
Why it's risky, if you choose a stable type of ether or Litecoin, then there is virtually no risk. But if you certainly invest in pumps, then the result will be deplorable, so you need to diversify to reduce regret.
why in one, buffett who hates crypto, still says in any asset class including crypto you need to diversify in a few.
putting all yuour money in one coin will not perform as well as spreading that risk, and seeing some of them skyrocket to the roof eventually.
putting all yuour money in one coin will not perform as well as spreading that risk, and seeing some of them skyrocket to the roof eventually.
Don't put all your money in one place. if there is a loss then you will lose everything.
invest in some good places, so if one goes bankrupt you won't lose everything.
invest in some good places, so if one goes bankrupt you won't lose everything.
Well, putting all your money into one place is have a plus and minus too. The plus is you can focus only 1 token/coin and you don't need to care about other altcoins, the minus is if the price of that token fall, your token value will be going down too and you will be loss. I think it's not too risky, it depends on which altcoin you invest though.
Don't put all your money in one place. if there is a loss then you will lose everything.
invest in some good places, so if one goes bankrupt you won't lose everything.
invest in some good places, so if one goes bankrupt you won't lose everything.
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