Topic: Do we need to diversify? - page 44. (Read 3740 times)
Yes we need it, if we just invest in one coin and the price is go down we will have big amount of losses. So we need to diversify our coin to decrease the risky in cryptocurrency cause no one can predict crypto world.
Why do we need to diversify our holdings? why we just all in in one coin to have a one time bigtime profit.
This market is too volatile and each and every one is prone to high risk so diversification is the best possible way to reduce your risk.You don't know which coin will perform better in future and graphs line will move upwards.So its the strategy formed by group of expert traders othwerwise you could opt for your own technique and if you wish you can invest in any good coin of your choice.
Being into diversify our coins to hold for because as we can see that not that just 1 coin only has a posibility to increase or decrease even more, atleast we have a option on how many coin. If the other will dump dont worry because other coin will pump. And if all of those coin will go to its ath, you will have a huge profit mate
Because you like no one else can predict the price of a crypto currency with 100% probability. How would you not be sure, you can make a mistake
I don't feel like it, so long as I focus on several coins that I like to hold for a long time. After all, you don't have so much energy to look at one by one.
I don`t agree with you, If you diversify your portfolio, then you are ready for the consequences, otherwise it's not your way. At a major market rally you win anyway, but! Diversification will give a greater profit in ANY CASE.
100% on 2 coins or 150% on 3?
Investing in one coin is too risky. The altcoins market is too volatile, any news or information can greatly affect the growth. It is better to divide your portfolio into several promising coins.
You know that: You need to buy a few different coins, in order to reduce losses in a falling market. One coin can fall by 90 percent and therefore investments in only one asset are very dangerous. 
You need to diversify because you will end up losing your entire investment if something like a hack or a bug happens to your coin and the price drops hard. Also by diversifying you are minimizing your risks and increasing the chances of profit, as if you invest in just one coin than you will need to be dependent on that coin to pump to earn while if you invested in two coins than if any one of the coin pumps than you would be earning regardless of which one pumps.
As an old saying goes: “Don’t put all your eggs in one basket”. So it seems to me that diversifying your money in any investment is a wise strategy long ago proven by many well known investors. Some coins inevitably will show upward trend or rapid jump, so in this case diversification is a good approach. Diversifying your money means that even if we lose money to some of our investments we can still earn from our other investments.
I don't feel like it, so long as I focus on several coins that I like to hold for a long time. After all, you don't have so much energy to look at one by one.
It's good to diversify because it increases the chances that one of the coins you chose will spike in price making you a big profit.
Its safer to diversify because this is a volatile market. Better to lose some of your money than all of it
Its an very old popular saying never put your all eggs in one basket like this if we diversify our holdings our risk also reduce to some extent. Its a golden rule in crypto market always diversify your holding do not depend on a single coin holding. This is very high volatile and unpredictable market. So always make a wise decision.
A lot of diversity can push us a bit. In this difficult and exhausting process, a lot of diversity can make a lot of money. This important process is to manage correctly.
I tend to diversify or put my money in different tokens/coins so that I can make a profit from different source of income. But of course, doing this, your are posing yourself to a greater risk compared to just investing in one coin that you are so sure of. That is why you have to know the coins you'll be putting your money into, if not, just focus most of your investment in one coin.
It is not a good strategy to invest in only one coin. It would be better if you diversify and invest in five to ten coins. It would be more safer and more profitable too.
If we were lucky and we chose a coin before the pamp, we will get the maximum income. This is the best scenario, investing in several different coins can not give such a profit. The meaning of investment in different coins is a reduction in income, but also a reduction in risk.It's hard to know what coin will have a big impact on it's price and if we go all in with or without knowledge about that coin. It will be have a higher risk of losing because we only have one coins. I would rather go invest with different coins just to minimize the risk and maybe some of that will have a good fortune.
Why do we need to diversify our holdings? why we just all in in one coin to have a one time bigtime profit.
There are certain laws and regulations that are recommended to comply with, to reduce risks and increase profits.It is not a good strategy to invest in only one coin. It would be better if you diversify and invest in five to ten coins. It would be more safer and more profitable too.
If we were lucky and we chose a coin before the pamp, we will get the maximum income. This is the best scenario, investing in several different coins can not give such a profit. The meaning of investment in different coins is a reduction in income, but also a reduction in risk.It's hard to know what coin will have a big impact on it's price and if we go all in with or without knowledge about that coin. It will be have a higher risk of losing because we only have one coins. I would rather go invest with different coins just to minimize the risk and maybe some of that will have a good fortune.
I meet in chats of different coins that bought it for the whole capital, but it falls down! PAC coin for example. They will either sell into a huge minus, or they will wait for growth for a very long time! At some point in time you are inspired, think that this is an excellent coin and it will necessarily grow, you can put emotions on it and when it falls down you will feel bad and can sell cheaply, having decided that you have made a mistake, it is better to invest in another coin . It is not right!
There is a choral and well-known phrase: Do not keep the eggs in one basket. This is it. To reduce the risks you need to invest in different coins. And each of them has different growth potential, and some he does not exist. It would be a shame if you invest all the money in one coin, and it turns out to be a Scam and you all lose
I agree, but don't over diversify. So many bad copies of other coins releasing every day, you will end up a bag holder of some (maybe a lot).
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