That's the thing, when you don't have a lot of money it's hard to diversify. You tend to focus on one coin. I wish I was here during the early days of bitcoin.
That usually happens. When something is not famous and not much appreciated by others, people don’t go for it. But only then we see those thing rising and shinning in their domains. People start loving them and making best of their usage for their own betterment. Then, fame start building and they are getting maximum outreach to customers. Bitcoin has got same scenario. 
Topic: Diversify Investments - page 22. (Read 4109 times)
Usually they recommend you to diversify your investment, so you avoid losses.
But as a real approach, having $1.5k, would you invest in how many cryptocurrencies ?
What if I invest little by little, only in Bitcoin, would that work as well ?
But as a real approach, having $1.5k, would you invest in how many cryptocurrencies ?
What if I invest little by little, only in Bitcoin, would that work as well ?
That's right, you say it's very important to invest in different sources of income. From my experience, I can say that in every business there is seasonality. For example, in real estate, daily rent in the summer is more expensive and profitable than in winter. And in the winter at the ski resort rental apartments is more profitable than in the summer. Cryptocurrency is just one source of income, from a large variety of
Usually they recommend you to diversify your investment, so you avoid losses.
But as a real approach, having $1.5k, would you invest in how many cryptocurrencies ?
What if I invest little by little, only in Bitcoin, would that work as well ?
But as a real approach, having $1.5k, would you invest in how many cryptocurrencies ?
What if I invest little by little, only in Bitcoin, would that work as well ?
Yes I agree, diversification is one of the great strategies investors can do because it has the fact that it can really secure your investment. You can diversify your investments in several different coins with excellent potential in the market. It is a good way.
Diversify Investments is a very important thing, never put money on one or two types of investments because we never know with the future of the coin, this certainly makes us have to be vigilant and do not depend on a little coin.
as much as possible youneed to gather more informations regarding the market, and you shouldn't depend on someone's opinion when it comes to how many coins you are going to invest or what are the coins you are going to put your money into. you should also observe here, and as you can notice that lots of them has their own perspective and their own suggestion to what are their top picks for investment, then you try to research about those suggestions and make your own tentative analysis.True and this is what I was actually doing, although $1k is not that much for investment you can always add your investment over the time. I’m sure that is not only the amount of money you can save for investment. And yes you also have to do some research on some alternate coins aside from bitcoin to invest, there are actually a lot of potential coins that are good for investment so always diversify even if you dont have that much money for investment.
That's the thing, when you don't have a lot of money it's hard to diversify. You tend to focus on one coin. I wish I was here during the early days of bitcoin.
When you have limited money and cannot buy multiple coins then do buy only the best like BTC or ETH so that you know in future when the price rise this coins will definitely be rising first and fast . Thus you will make some money form it and then with those profits you can buy some altcoins and diversify the risk.
Surely someone who can be patient in investing will gain a success in the future because price movements are difficult to predict traders should be able to buy bitcoin prices carefully to avoid losses and still have the motivation in investing later.
It also works. Your income depends on what strategy you use maybe effective, maybe not, maybe profitable, maybe not. Risk takers usually invest all their money full force on a single investment. Others diversify it to avoid being struck at once. If i were you, still scatter your asset to different basket itll be great if it all be successful.
Diversify Investments is a very important thing, never put money on one or two types of investments because we never know with the future of the coin, this certainly makes us have to be vigilant and do not depend on a little coin.
as much as possible youneed to gather more informations regarding the market, and you shouldn't depend on someone's opinion when it comes to how many coins you are going to invest or what are the coins you are going to put your money into. you should also observe here, and as you can notice that lots of them has their own perspective and their own suggestion to what are their top picks for investment, then you try to research about those suggestions and make your own tentative analysis. 
Diversify Investments is a very important thing, never put money on one or two types of investments because we never know with the future of the coin, this certainly makes us have to be vigilant and do not depend on a little coin.
Whilst 1.5k USd is not a huge amount you can certainly use it wisely. Your strategy really depends on your apetite for risk. Sure you can probably double your money with some shady ICO, or you can get small gains with bank deposits. Personally I would invest it all in crypto or shares. Invest in the best most well regarded ones you can, hopefully on some dip. What goes down, often goes back up.
Usually they recommend you to diversify your investment, so you avoid losses.
But as a real approach, having $1.5k, would you invest in how many cryptocurrencies ?
What if I invest little by little, only in Bitcoin, would that work as well ?
But as a real approach, having $1.5k, would you invest in how many cryptocurrencies ?
What if I invest little by little, only in Bitcoin, would that work as well ?
I'm managing 15-17 cryptocurrencies right now and there are still few buy orders that I'm waiting to be completed. It just don't minimize losses but it makes your investments more challenging and exciting. It still depends on how much time you got because I do full time so I can manage all of them very well.
If you just focus on investing in certain areas then if you risk losing your money, then you should diversify your investment to minimize the risk of such risks will do the job your private
Most fund manager will diversify your investment into some other investment and in this case you can diversify some of your fund into altcoins while at the same time maintaining a larger sums of fund into bitcoin.
What if I invest little by little, only in Bitcoin, would that work as well ?
This might work if your main purpose of investing is for long term rather than daytrading and this is the safest route then diversifying your current funds, however you can't expect large percentage of profits in return in short time. Market is Volatile, investing your money into crypto currency market trading have a degree of Risk, it is just the same amount you put in, and the risk factors involved on the said investment, you want to spread your money but in reality it just the same risk. Do your market research, check the price status, the fundamentals, and consider the timing when to invest for the preferred coin.
Usually they recommend you to diversify your investment, so you avoid losses.
But as a real approach, having $1.5k, would you invest in how many cryptocurrencies ?
What if I invest little by little, only in Bitcoin, would that work as well ?
Don't just focus on bitcoin, you take some investments into potentially gaining altcoins also. At the current situation we have, diversify is good but it could be very effective if you choose the right one. Take a deep research and you can find the best option that could help you to diversify your investment. But as a real approach, having $1.5k, would you invest in how many cryptocurrencies ?
What if I invest little by little, only in Bitcoin, would that work as well ?
Diversified investments can effectively reduce risk!
You can invest your money in the top five crypto currencies of the market value!
This is the lowest risk investment method!
You can invest your money in the top five crypto currencies of the market value!
This is the lowest risk investment method!
That's the thing, when you don't have a lot of money it's hard to diversify. You tend to focus on one coin. I wish I was here during the early days of bitcoin.
Then we may all wished for that. It could have been a better value by now and a lot of protectors of bitcoin even before. Unlike now, where FUD's are being spread against bitcoin.
Yeah having little amount of money will make you pick just one coin and those are the cheaper ones. But if you could manage to grow that one coin then it could grow to a lot more of option and your portfolio will explode.
Next time, you will be exhausted.
Always diversify your investment, don't put all your eggs in one basket. You could get lucky with going all in on 1 coin, but the chances are high that you will loose all by doing that.
Spread your money over bitcoin and some strong altcoins such as litecoin, monero, ethereum,...
Spread your money over bitcoin and some strong altcoins such as litecoin, monero, ethereum,...
That's the thing, when you don't have a lot of money it's hard to diversify. You tend to focus on one coin. I wish I was here during the early days of bitcoin.
Usually they recommend you to diversify your investment, so you avoid losses.
But as a real approach, having $1.5k, would you invest in how many cryptocurrencies ?
What if I invest little by little, only in Bitcoin, would that work as well ?
You can see that the bitcoin price is showing a slight increase after reaching the $ 6400 level, the market is showing signs of recovery when the bitcoin price increases. I believe the bitcoin price will probably hit $ 7400 in the coming days and possibly break the bear market. I have a lot of confidence in the market and we can fully invest in the long term and think of a bright future for bitcoin. But as a real approach, having $1.5k, would you invest in how many cryptocurrencies ?
What if I invest little by little, only in Bitcoin, would that work as well ?
It's really a tough one, because diversifying will lower the risk but it also reduces the chances of getting rich quick unless you are very lucky and bet on 5 winning horses. It's good in a bull market when everything is up, but now it's about picking ones with the lowest losses
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