Topic: Diversify Investments - page 28. (Read 4092 times)
In my own understanding and analysis I do think diversifying investments on digital coins will be helpful in not losing so much because you can have more options to choose when you feel you are losing in one of the currencies you can recover from among the others coins.
As what the saying goes, never put your money on a single purse. A good crypto portfolio is teeming with potential cryptocurrencies than having only a few. The more cryptos you have, the better chances of having a good profit too.
I would highly recommend avoiding alt-coins. And it would not spread the risk to buy multiple alts since they are all based on the same technology. Want to diversify? Buy some bitcoin, gold, real estate, stocks, etc.
Solid advice right here. If I only had $1500 to invest, I most definitely would not buy any altcoins. Bitcoin perhaps, but with shitcoins you might as well take that $1500 and buy scratch tickets or go down to the casino and play poker. Hell, you might as well burn it in a fireplace.That may sound like heresy on bitcointalk, but right now I have serious doubts as to the future of not only altcoins but bitcoin as well. I think the stock market is looking pretty damn inflated right now, too, but I'd much rather buy a blue chip, dividend-paying stock to hold for years than some altcoin that probably only 200 people will ever own--and own only in the short-term as well. You can kiss that $1500 goodbye investing in that shit.
So my picks for spreading $1500 around: One 1/4 ounce gold coin, probably an American Eagle or something Mexican. $700 worth of Coca-Cola stock in a dividend reinvestment program. And the rest I'd buy bitcoin with. That would be enough diversification for $1500.
Diversifying your investment mean you are or you will create the range of your choices on investments, like when you diversify your own investment you need to invest from cryptocurrency, accessories like Gold and stones, hotels and restaurants, in hospital shares, and other more, its like variety on your investment, but when you say only on cryptocurrency it is more likely unvary.
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 ?
I would search for potential new projects with lower valuation that could give me a higher amount of profit at a short period of time and i have made some killer investments last year, as i started my initial capital of $5k in a couple of projects which gave me profit of more than thousand times, you need to take your time to research about the new project and study their concept and plan carefully and if so you can make money with little diversification. 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 ?
If you invest it little by little but still on the same coin then it is not diversifying. Diversification in investment minimizes loses. If one of them fail you still have some left, unlike if you put all your money in only one coin or investment, you are left with only 2 posibilities, either you gain or you lose.
you can choose to risk your money by investing in altcoins, which means you must be willing to lose almost all your money because altcoins can even fall to more than 80% of your value if something goes wrong, or you choose to invest in bitcoin for long-term, which will give you more security and comfort in the future. Diversify is very good, but you run a lot of risks if you invest in projects that are not good, my advice is that you just stay in bitcoin
Good advice for safe investing. Don't you think that its just as safe to invest in an altcoin as long as you don;t invest any more than you're willing to lose? I understand its a bit of a gamble, but when you invest only what you can afford to lose, then there isn't really that same detrimental loss if it doesn't work out. On the other hand, it has a potential to yield huge results.
These are just my thoughts.
I would highly recommend avoiding alt-coins. And it would not spread the risk to buy multiple alts since they are all based on the same technology. Want to diversify? Buy some bitcoin, gold, real estate, stocks, etc.
Interesting opinion. Perhaps your examples are really the safest scheme where the risk is minimized. After all, diversification can bring clear advantages to the participant and increase the stability of income, but requires a detailed assessment of domestic resources, environmental factors and deep knowledge of market trends.
diversify investments mean that dont put all your money in the same instrument, that is cryptocurrencies. but spread it to other investments.
That's right. Buying another coin is not diversifying. Almost all alts are just copies of bitcoin and have noting different to offer. Nor are they safe if a flaw were to be found in the bitcoin protocol. Think of it this way, If in 10 years there is still crypto then there will be bitcoin. If in 10 years there is still crypto then some alt could possibly still be around. However it is highly unlikely that alts will still be here but no bitcoin.
If you want to diversify buy gold, land, etc.
diversify investments mean that dont put all your money in the same instrument, that is cryptocurrencies. but spread it to other investments.
Well, i only hold 2 coins and that is bitcoin and ethereum coin, we can call it as a diversify investing because we are focus on 2 but still you can earn more profit if you will place your investment only on bitcoins since the growth is so much faster.
It's the first time I see someone mention Bitcoin to book faster growth results than an altcoin, but that's not the case. Bitcoin's market is much larger than any other altcoin, which basically means that altcoins will always grow faster in terms of percentages than Bitcoin when it comes to the price. It's a simple matter of altcoins needing way less to grow more, while if the same amount was invested in Bitcoin, the increase would be minimal. Ethereum as second coin is obviously far ahead of the competition below them, but still isn't a match for Bitcoin, and probably never will be. In other words, risk and high returns is something altcoins offer, while solidity and and fair returns is something that Bitcoin offers.
Use several assets to deversify your portfolio I mean that use not only crypto coins. Take a look at stocks, bonds and other assets. If you investment amount not so big then just buy crypto coins.
depending on where you are comfortable, if you like a fast profit it's better to play on altcoin because you can earn up to 100% more, and also lose, if you like tranquility and long term BTC is the best choice. but in investing it is better to buy some coins than just 1 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 ?
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 invest only in bitcoin if you don't want to invest in other cryptocurrencies. If given the choice, I would just invest in bitcoin as I am almost sure that it will exist for a long time compared to other cryptocurrencies that are only use for speculation purposes. There are other coins that has a real purpose of solving the current problems with regards to transactions to make it more efficient and effective but bitcoin has been the very first cryptocurrency and it retain its position because many still believe in it. If you want to buy then buy in portions or what is known as cost averaging so that you can minimize the risk and losses.
Now, this is not for long term as it is necessary to just sell out when the altcoin market is becoming too good to be true or when bitcoin is beginning to show some sign of bull run. Altcoins always bleed in a very huge mighty way.
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 $1.5k, would you invest in how many cryptocurrencies ?
What if I invest little by little, only in Bitcoin, would that work as well ?
Well, i only hold 2 coins and that is bitcoin and ethereum coin, we can call it as a diversify investing because we are focus on 2 but still you can earn more profit if you will place your investment only on bitcoins since the growth is so much faster.
Investing little by little makes more sense than just diversifying your money into various coins that you know little or nothing about. It's usually very good to research coins properly before investing in them as many of them have np future and no real use. What I usually do is to follow the ICOs of projects I think will succeed and invest in them.
As regards Bitcoin investment, I'll go with altcoins because the value of new good altcoins tend to rise as high as 500% or even higher.
As regards Bitcoin investment, I'll go with altcoins because the value of new good altcoins tend to rise as high as 500% or even higher.
Would be ideal for you to invest in ~4 or 5 coins. Make sure you always keep something in bitcoin, as thats thelogn term bag.
Do not go all in on any single coin, and try to make sure the ones you select have a good upside. It takes time to get practiced reading he chart TA so start at it.
Do not go all in on any single coin, and try to make sure the ones you select have a good upside. It takes time to get practiced reading he chart TA so start at it.
To be honest, I think, you can combinate your investment by investing in bitcoin and at the same time in altcoins. Your 1,500$ you can split on 6 pars (250$ each). So, 250$ will be max amount what you should invest in one altcoin (total 4 parts) and other 2 parts you should invest in bitcoin, first part while bitcoin ~9,300$ and another part if bitcoin will drop to ~7000 - 8000$ or if he will up to 11000$.
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 ?
$1.5k dollar is just a small amount and if i have this much money then i will invest on ethereum coin since it was cheaper and there coin does have the potential to grow even more in the future so we can expect to earn profit.
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 ?
Investment diversification can be termed as an investment by many methods. I am a beginner and do not know all the currencies and how to capture the market but My experience is that in the next month these currencies will grow. 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 ?
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