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Topic: Diversify Investments - page 30. (Read 4111 times)

jr. member
Activity: 280
Merit: 2
April 27, 2018, 02:26:57 AM
#55
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 think you can yield bigger profit. If investments is diversified, little will be your losses or little will be your profit. But when almost all of your investments are profiting, then if combined them all it will be big.
sr. member
Activity: 1148
Merit: 252
April 27, 2018, 02:24:11 AM
#54
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 have invested my $1500 into 30 different digital assets, tokens and cryptocurrencies. And seek for long term approach. I chose thos who will have a network effect or growth, important use cases and it's market potential of course.
crtocurrency is pretty much right now and right you can choose a lot that can be invested in the long term. it would not hurt us to buy many coins and tokens instead of just bitcoins alone
member
Activity: 210
Merit: 10
The revolutionary trading ecosystem
April 27, 2018, 02:21:30 AM
#53
For me yes diversify is one of the best way to avoid big losses if you're doing trading. But doing this you have to check first which coins does not give you big losses check the coins that have good potential. See if the coins that has steady uprising trend slowly but surely but it has a great return as long term investment.

And investing in Bitcoin alone would work as well as long term investment for me, I think.
legendary
Activity: 1414
Merit: 1039
April 26, 2018, 11:58:42 PM
#52
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 understand your concerns of seemingly having too little money to start investing, but my response is that everyone has to start somewhere. To you, you're choosing to invest a little over 1000 dollars because it's important to you. Because of this, the same rules of investing anything applies. If you want to be safe with your money, you should take your time in finding coins to split up your investment over. This is because if one goes down, you'll end up losing everything if you put all your coins in one bucket. However, if you're going for a risk to become rich, you can put your money into a coin after a good amount of research. The crypto market is just cutthroat, so you need to be careful on your own side with investing.
member
Activity: 238
Merit: 57
April 26, 2018, 11:57:58 PM
#51
I am extremely astonished at the way individuals are turning down on altcoins and when I thought altcoins have really attacked the entire space and obfuscated the psyche of new financial specialists. In any case, this originating from an extremely old speculator in the group isn't astonishing at any rate.
I absolutely concur with this as altcoins to me are only an exercise in futility, and on the off chance that you think you are broadening to turn away some level of hazard, altcoins are really going to expand the level of hazard in the end. I would rather be in bitcoin and search for different regions of venture outside cryptographic money too. Eth that would have even been a tad of a decent decision is inflationary
hero member
Activity: 2268
Merit: 579
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April 26, 2018, 11:48:18 PM
#50
Yes, it good to diverse investment but ones still need to apply some sense cause there are alot of shitcoin out there and if I'm the one with the mention amount. I will invest into altcoin while I work for Bitcoin but if you want to invest into bitcoin I will advice you to wait till it week end.
newbie
Activity: 51
Merit: 0
April 26, 2018, 01:32:57 AM
#49
Well I do think this is good to avoid loses. Since the cryptocurrencies are really unpredictable you will have atleast some other chances for sure. Say bitcoin is down while the other coin is stable or is about to destabilize itself you can immediately make decisions.
member
Activity: 392
Merit: 11
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April 26, 2018, 01:15:28 AM
#48
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 ?

If I have that money, I will use 33%-$500 of it on bitcoin . The other 67%-$1000 will go to minexcoin. I think they are giving out 11% return on investment as long as you hodl their coin monthly. That will be enough for me to buy other coins monthly and if the market goes well, I'll try to increase my minexcoin to get more returns monthly. I haven't gotten the opportunity to invest on it yet because I am still waiting for my pay cheque. When that happens, I will surely go for minexcoin.
newbie
Activity: 140
Merit: 0
April 26, 2018, 01:13:12 AM
#47
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


Alt coins have not only big risks all lose but also have the likelihood of making you a rich man. ETH and DASH the same when they were viola coins and have since made more than 100x.
hero member
Activity: 714
Merit: 500
April 26, 2018, 01:07:38 AM
#46
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 ?
Its always advised that don't put all your eggs in the same basket.Its only related to altcoin investment which are highly volatile in nature.So by investing in two or more coins,even if one coin's price falls,another coin's price may increase which would reduce or just avoid the loss.But investing in bitcoin doesn't involve such problems as its price tends to increase gradually.
sr. member
Activity: 910
Merit: 254
April 26, 2018, 12:10:51 AM
#45
It is never advisable to invest all your funds into a single coin, even if you invest part by part. Since bitcoin is one of the most stable coins, it can only give you a limited return. You cannot expect it to do 2x or 3x. Alts can do 2x, 3x and even 10x, so it is more advisable to diversify investment across all the coins. By doing so, you are only increasing the chances of you making profit.
What if a whale starts dumping Bitcoin? It would take a huge hit on the price. So, it is never advisable to invest everything in a single sector. Diversifying investments is the key to success in this market.
full member
Activity: 364
Merit: 100
April 25, 2018, 11:51:38 PM
#44
Business strategies successful if you diversify your investment and it is now days the investors responsibility to invest in many projects because if you bear losses from one side then you will adjust the losses from other side and in this way we can minimize our risk and we can do more profit in this way. Investment is a good way to make profit over current capital.
legendary
Activity: 1442
Merit: 1025
April 25, 2018, 10:47:19 PM
#43
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.
I am really surprised at the way people are turning down on altcoins and when I thought altcoins have actually invaded the whole space and clouded the mind of new investors. However, this coming from a very old investor in the community is not surprising anyway.

I totally agree with this as altcoins to me are just a waste of time, and if you think you are diversifying to avert some level of risk, altcoins are actually going to be increasing the level of risk eventually. I would rather be in bitcoin and look for other areas of investment outside cryptocurrency as well. Eth that would have even been a little bit of a good choice is inflationary.
legendary
Activity: 3122
Merit: 1398
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April 25, 2018, 02:11:17 PM
#42
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 ?

For you to know the result you have to test it on actual as listening others suggestions here will just lead you into confusion.

If you understand the risks and you have the guts then face the market. Others became successful by means of doing diversifying their investment but it doesn't mean all of them really succeed. While on process, different people have different approaches on how they will managed their portfolios. Even how big the amount of investment is and it was diversified to other coins, if people can't handled it properly then it will all become wrecked.

So my suggestion, put that plan on actual and see where it will leads you.
sr. member
Activity: 420
Merit: 250
April 25, 2018, 01:34:40 PM
#41
If I had $1,500 for investment I'd divide my coins like 30% on holding Bitcoin and the rest would be divided to the top alternate coins of my choice. And when the coins I have invested would drop down then that would be the time I will buy again when the price is dropping so I would be able to diversify that certain coin itself and would have lesser losses.
newbie
Activity: 238
Merit: 0
April 25, 2018, 01:18:18 PM
#40
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 have invested my $1500 into 30 different digital assets, tokens and cryptocurrencies. And seek for long term approach. I chose thos who will have a network effect or growth, important use cases and it's market potential of course.
newbie
Activity: 140
Merit: 0
April 25, 2018, 12:53:41 PM
#39
it all depends on you if you want to get multiple benefits I suggest playing with lots of crytocurrency or by investing in altcoin. Because if you are investing in a coin that is again entered in the market then you will get a cheap price then you choose the method of trading long profit or short profit. Both methods have distinct advantages
member
Activity: 291
Merit: 10
April 25, 2018, 12:15:13 PM
#38
Its up to you, maybe spend some time researching about top alternative currencies projects, and invest also there.
newbie
Activity: 224
Merit: 0
April 25, 2018, 12:07:13 PM
#37
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 ?
Depending on your ability, awareness and judgment. But I advise you to master an analytical chart for a coin type first in order to master the trading pair. Before you have the experience and sensitivity of charts and growth data for each type / trading pair. You can do other things easily and do not spend a lot of time tracking.
Investing in a bitcoin-saving way is the way I still use it and feel effective. Just you patience to find the moment of the market is suitable to buy and keep bitcoin. It is safe to make profits.
hero member
Activity: 1190
Merit: 534
April 25, 2018, 11:26:44 AM
#36
Well, in my opinion, you can diversify with two methods. First, one is dividing the entire capital into 10 or 20 smaller parts and investing each part in different coin, this is called capital based diversification of the investment. On the other hand, you can invest the same 10 or 20 parts in Bitcoin or any other coin at a frequent interval of time. This is called time-based diversification of the investment or the systematic investment plan. I am a great fan of both the methods.
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