Topic: Do we need to diversify? - page 45. (Read 3740 times)
If you believe in a coin and have little money - do not diversify, put everything in one coin. Diversification of assets is the best economic practice to minimize the risk of loss.
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
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.
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.
Why do we need to diversify our holdings? why we just all in in one coin to have a one time bigtime profit.
you diversify anyway, because you try to earn more.
Yes, we should always think about reducing risks. Because of this, we should not invest in just one coin. This is a very important rule that newcomers neglect.
But it is important not to overdo with diversification. I believe that you can successfully manage investments with about 5-10 coins. With more coins, management becomes much more difficult. Especially in such a difficult time, as now I do not see the point of having more than 10 coins.
Yes, we should always think about reducing risks. Because of this, we should not invest in just one coin. This is a very important rule that newcomers neglect.
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.
It is very important to diversify your investments. The main aim of this diversification is that it will decrease your chances of risks. If you invest your wealth only in one cryptocurrency and then the price falls down you will lose all your money. But if you invest the same money in 5 different cryptocurrencies the amount of risk will decrease by 80% and you can recover that loss from other currencies also which might rise. As that old saying goes that don't put all your eggs in one basket because if anyhow that basket breaks all your holdings can vanish in one go. moreover altcoins are hell to risky I can never forget the bitconnect incident which suffered a terrible loss of 90% in a day.
Diversifying puts you in a good position. When you diversify, you have better chances of making profits. Most especially when you invest in promising coins or projects.
Diversification is a good approach if you don't have some specific idea that can drive growth in a coin/token, but see growth potential for broad market or some segment of the market instead.
Well, most part of my funds are just in one token, 80% of my portfolio to be honest, and the rest is on bitcoin and ethereum, i am more than sure that i am going to earn a bunch of money by following this rule, in fact, i am doing it at this moment.
I am not scared of the future
Diversification is a good approach if you don't have some specific idea that can drive growth in a coin/token, but see growth potential for broad market or some segment of the market instead.
Diversification is a good strategy. the old rule from finance " Don't put all your eggs in one basket". But Is that true having as many coins as possible is a good strategy? Nope, Wide diversification is only required when investors do not understand what they are doing." --Warren Buffett. Only choose only best and underated coins 4-8 that's my strategy, so I can follow all of them
There are so many risks in crypto that it’s better to diversify your portfolio. In addition, you never know what coins are going to go to the moon. For example, sometimes so called shitcoins can go 10 times or even 100 times its original value. However, the likelihood that most average investor can detect it is very low. Or you can have a situation where one of your coins maybe like Centra end up being a scam and you lose most of your value (or like Bitconnect). So yes, always diversify and hold some cash too.
Why do you think the project centra fraud? Thanks to this coin CTR, I was able to earn a decent amount, especially if its price rose from 80 cents to 4 dollars 60 cents.
There are so many risks in crypto that it’s better to diversify your portfolio. In addition, you never know what coins are going to go to the moon. For example, sometimes so called shitcoins can go 10 times or even 100 times its original value. However, the likelihood that most average investor can detect it is very low. Or you can have a situation where one of your coins maybe like Centra end up being a scam and you lose most of your value (or like Bitconnect). So yes, always diversify and hold some cash too.
you're so funny 
I not call that as an investment but a high low game.
you might get super rich after shot time
but most of the time, you lose all your money.
I not call that as an investment but a high low game.
you might get super rich after shot time
but most of the time, you lose all your money.
I think diversification is necessary because of the way to overcome the risk of crypto currency and also minimize risk.
Some diversification will be useful but there is not a reason to hold 10 or more coins
Never put all eggs in one basket,same rule apply here in crypto currencies if you buy one coin and its market crashed then you are in deep loses but if you diversify your investments in four-five altcoins and one coin dropped but others gain then you don't get any loses.
Agree split amount investment to four-five altcoins is the best way to get profit in crypto market, we don't need invest into too much altcoins at the same time and still have low risk. 
Why do we need to diversify our holdings? why we just all in in one coin to have a one time bigtime profit.
Diversifying things will only result to a good chance of profit in the market and also in the industry, there will be a decrease of errors or risks in the market, I think that is a good idea, not only for the market but also for the people who are into cryptocurrency. Jump to: