Topic: Do we need to diversify? - page 4. (Read 3768 times)
While in school, one of my fiance classes topics is diversification which helps an investor not to put all his eggs in one basket. It is an investment strategy that helps an investor to reduce his risk to the bearest minimum, I think this strategy should also work fine for crypto investments.
Well as far as I know, diversify is the main goal of any investor. It should be so. Now it is impossible to guess which asset will grow, and which one will be in a long-term decline. You can choose the wrong coin for investing and get big losses. If you choose a few coins, then you will have a chance to reduce risks. But anyway, all these investments in crypto has one nature, so we need to diversify classes of assets as well as assets inside one class.
Because the crypto currency can disappear at any time. And to keep all the money in one coin is not exactly, because it is even more dangerous (bitcoin is an exception). In my opinion, the more coins in your portfolio, the more it is protected from price changes.
But if you want to reduce risk and have some projects that interest you, then diversification is a great idea. That way, climbing one coin can balance with the losses you have in another coin. If you're really confident in one or two coins, then go ahead and go all and hope for the greatest advantage and you should be sure of this. 
Because the crypto currency can disappear at any time. And to keep all the money in one coin is not exactly, because it is even more dangerous (bitcoin is an exception). In my opinion, the more coins in your portfolio, the more it is protected from price changes.
I am new to this market and have lost 60% of my Deposit in the last six months precisely because of the diversification advice. Because I had no experience I bought coins just on the principle of like not like that was a bad strategy. What is my personal mistake? Not knowing the market, I hoped to take off the violas with a small capitalization, I believed in their future and believe further. Conclusions: If I invested in bitcoin, I would be sure that no matter how fast it falls, it also grows quickly. The whole market is dancing to the tune of bitcoin and this should be understood. If you want to make money on altcoins in the hope of 100x then spend no more than 15% of the Deposit on these projects
In my opinion, it is very important to diversify our investments. When everything depends on just one coin, it's not the best situation i think.
Not putting all of your trades into a single thing is going to allow you to have more space for you to make mistakes if it ever happens. 
diversity is for the people which have a well-management on their portfolio and as well as have a decent amount of funds.
I think if you still have a small funds tried to focus on one cryptocurrency first so you can try to maximize it
I think if you still have a small funds tried to focus on one cryptocurrency first so you can try to maximize it
I don't agree with you. Your logic is wrong. If you don't have a lot of money, it is OK to lose it? Diversification is fundamental rule in any investment regardless of the area and the size of the investment.
For me, best to focus on one coin and not taking a greedy profit (just small one) and enter another markets while keep find the informations of those coins that you wanted to enter one by one.
If they already had an enough basic knowledge it would be fine if they try to go diverse on his portfolio
We need a diversified shareholding.
I think people who put all their eggs in one basket are stupid. Just like a wallet, they are stolen by hackers and you lose everything. We must also prepare for the minimum risk while making money, and blind pursuit of high profits is likely to be deceived.
I think people who put all their eggs in one basket are stupid. Just like a wallet, they are stolen by hackers and you lose everything. We must also prepare for the minimum risk while making money, and blind pursuit of high profits is likely to be deceived.
Obviously you have to enhance your investments,because in the event that you put the greater part of your cash into some coin and it comes up short you will lose a considerable measure of cash presumably the majority of your investments,that is the reason we shouldnt be doing that putting all eggs in only one crate could make your butt shake,and you will be simply astounded and you are finished.
A lot of people invested not only in one coin but they can invest on 3 to 5 coins. And surely they already know their risks and this is a challenge for them. But it's been a lot of people rich by investing in a lot of coins. So in the future, they can get the wealth. But behind it all, because they already have knowledge and experience in crypto.
Of course we do need to diversify, That's The only way to get the most out of the crypto market, spreading your risks evenly,This way, you stand a chance even if one of your investments makes losses, have a wide portfolio that you wont even notice the price difference
The importance of diversification cannot be over emphasized . It's good to diversify so as to hedge your risk . This is very important . Just like the saying goes , do not put all your eggs in one basket .
diversity is for the people which have a well-management on their portfolio and as well as have a decent amount of funds.
I think if you still have a small funds tried to focus on one cryptocurrency first so you can try to maximize it
I think if you still have a small funds tried to focus on one cryptocurrency first so you can try to maximize it
I don't agree with you. Your logic is wrong. If you don't have a lot of money, it is OK to lose it? Diversification is fundamental rule in any investment regardless of the area and the size of the investment.
Diversification is a good strategy for the rainy days. Not only for the rainy days, you don't know which will perform best at the end of the day. But don't spread your portfolio too thinly. Stay within the range of 5 or 6 or 4 coins to be able to keep track of their price and performance.
Diversifying is very very important. I mean, how do you know if the particular coin ypu're holding will even moon and bring profit? A little bit of many good coins is my portfolio looks. Going all in on one coin is almost like gambling
diversity is for the people which have a well-management on their portfolio and as well as have a decent amount of funds.
I think if you still have a small funds tried to focus on one cryptocurrency first so you can try to maximize it
I think if you still have a small funds tried to focus on one cryptocurrency first so you can try to maximize it
Well, you dont have to diversify if you want it easy. Easy loss and easy work. If you are ready to lose your investment at once then you can put it all in one coin but if you are careful and want to try which other coin is worth investing to also, you will diversify.
In my opinion, it is very important to diversify our investments. When everything depends on just one coin, it's not the best situation i think.
We need to diversify because we don't know what coins could possibly do in the future. If we diversify our money into at least 5 different coins, this will minimize our risks of losing all of our investments. If one falls in price the other could rise its a good way to not lose the money we invested.
If you just want to avoid running into innecesary risks, then the best thing to do is just to diversify all of your money between a few altcoins, including bitcoin. That is the safest thing that you can do on this bear market.
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