Topic: Do we need to diversify? - page 46. (Read 3740 times)
It all depends on you if how you will manage your trades and how you can earn from it. As most strategies diversifying has also good benefits, to less the risks when you invest. All investment are risks but be wise in investment to split your funds into different coins that are profitable.
Remember that putting your investment in a single coin is not only will give you one time big time profit but in the other side it will give you also a one time big time lose. That is why diversifying capital is better to minimize the risk. In this case, if some coin lose others will get profit atleast the capital is still balance.
We always need to diversify the risks, in any situation, that the market is crypto-currency, which is in the usual market for products))) diversification is one of the main points of the investor who is competent and understanding.
It lessens the risk. Do not pour your money into one firm because if that experienced bankrupt and ended up unsuccessful, all your investments will end up getting wasted.
You should know that. As an investor, know that diversifying and expanding thr places you put your money into will decrease the possibility of loss.
You should know that. As an investor, know that diversifying and expanding thr places you put your money into will decrease the possibility of loss.
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.
Firstly,it is not economically wise to put all your eggs in one basket,what if the basket falls?? Secondly, diversifying allows you to have a greater chance of maximizing profits over a long period of time rather than in one portfolio where you can only expect it to one day rise and give u some mad profits
Of course you need. But sometimes I want to invest everything in 1 coin and get a huge bundle of money. But this happens rarely. For that, the risk is emotionally pleasing if it works out.
The risk is good, but not when it comes to crypto currencies. Therefore, it is better to diversify your investments. This will give a better chance of making a profit from investing in coins. Even if several coins do not show profits, and other coins show good profits, the goal of diversification will be achieved.
Why do we need to diversify our holdings? why we just all in in one coin to have a one time bigtime profit.
If you are a risky person and are not afraid to lose your money, then you can not use the diversification method in investing. But I prefer still "do not lay all the eggs in one basket," and I advise you to do the same to your friends. Why do we need to diversify our holdings? why we just all in in one coin to have a one time bigtime profit.
As far as I know, all professional investors always diversify their risks during the creation of an investment portfolio. I believe that this applies not only to investing, because the principle of risk diversification is applicable in other spheres of life to reduce risks.
As for me, diversification is a good way to make investments if you haven't some strong preference to some coin supported by clear and straightforward investment idea. Otherwise, it's better to spread money across different assets.
Diversifying is to minimize the risk.
If you want to take risk, then no need to invest in multiple coins. Just keep all your investment in one coin. and choose low risk coin other wise you may loose your most part of investment .
Diversifying also means holding cash and non crypto assets. It is also a means of hedging against some risk, there is no such thing as mitigating all risk.If you want to take risk, then no need to invest in multiple coins. Just keep all your investment in one coin. and choose low risk coin other wise you may loose your most part of investment .
I prefer to hold 2 coins with a lot of numbers, holding a lot of coins will be difficult to monitor. if only have 2 coins, and in hold for long term.
It is necessary to diversify your investment portfolio to reduce your investment risk. It is too risky to invest in 1 project, you will lost your capital if the project fail or turn to scam.
It is necessary to diversify. Although the market is declining now, it is also necessary to decentralization of funds, only to put money in bitcoin, although it can resist the greatest degree of decline, but at the time of rise, all the money will not get more income in the bitcoin. My suggestion is to distribute funds in mainstream coins of different concepts so as to maximize profits.
All in is the good way If learn carefully about that coin, but even so, it's very risky. Coins diversity can preserve your possessions if uncertainty occurs. Thats why you shold invest to 2 coins or more
If you only invested on a single thing that is a high risk high reward chance maybe you can earn alot and also you can lose all of it. The use of diversifying is to lessen the risk on investment by doing this technique there is a assurance that if a single coin drops you still have a second option this strategy is useful and not greedy.
To get less shock, it is advisable to diversify your investments in cryptocurrencies. But it won't save you from losses.
Because risking everything into one coin can ruin your portofolio easily especially when the market is dumping what the market is dumping what we have right now, and yes of course , you need to put your investment into coins.
It is not always advisable to put all our eggs in one basket. If you have many cryptocurrencies even when the market is down. If you check the highest gainers in the coinmarketcap you will discover that one of your coin is among the highest gainers.
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