Topic: Do we need to diversify? - page 6. (Read 3768 times)
It should be competitive and if it's only one coin there will always be manipulations.
If you go all in, on one coin and that coin just keeps on going down and down, what will you do ?? You'll have to wait for months for that coin to go back up to the price at which you bought your coins or you'll have to cut your losses. On the other hand, if you diversify your portfolio and if one or two coins goes down, there are other coins in your portfolio which will go up and the value of your portfolio won't go down that much. However, at current market situation no matter what you invest in or how much you diversify your portfolio your portfolio will go down and the best thing which you can do is just keep holding.
Diversification is one the best stragies when it come to investment. We should not put all our assets/money in one investment. Because we might end up losing all. Diversifying could minimized the high risks, open us to new opportunities and profitability.
Yes. Absolutely.
Diversification is the most important thing in trading/ investing. If you put all eggs in one basket and that one fails, you'll lose your entire investments which could cost you months or years of income.
I personally put money in 10 differnt coins and I see them grow in value a lot better on average, compared to them time when I keep buying one single coin.
Diversification is the most important thing in trading/ investing. If you put all eggs in one basket and that one fails, you'll lose your entire investments which could cost you months or years of income.
I personally put money in 10 differnt coins and I see them grow in value a lot better on average, compared to them time when I keep buying one single coin.
To me diversification is very important in this crypto space as it reduces the volatility of this crypto space. I invest in potential coins so as to enhance my chances of making profit.
All in all, you don't have to diversify.
If you have a small amount of money, let's say $100, it's not efficient to diversify it into 5 coins. Maybe two at most. Because when one of five rises you don't win a lot.
If you have a small amount of money, let's say $100, it's not efficient to diversify it into 5 coins. Maybe two at most. Because when one of five rises you don't win a lot.
For sure yes, here is too many coins, and you never know which coin will go to the moon and give you profit.
I think diversification is a way to reduce risk, so it's good as a general course of action in investing. However, diversifying into bad projects obviously won't help. The key is to research projects and read whitepapers, and invest in projects that have built a stellar reputation.
If you want to reduce risk and have multiple projects you're interested in, then diversifying is a great idea. That way the climbs of one coin can balance out with any losses you have in another coin. If you're completely confident in a single coin or two, then go ahead and go all in and hope for the largest gains.
Practically this is it. We don't know with conviction how our distinctive coins will perform, in the event that we did then we would put totally in to the best performing coin. Given we don't know we can spread our speculations to restrain dangers, this is on account of crypto tasks can succeed or come up short for an assortment of reasons we can't see or control.
Diversification is at the discretion of everyone. It is convenient for someone to invest all money in 1-2 coins, and someone wants at 10-20. Of course, risk management implies the distribution of the deposit into several parts. It all depends on your trading strategy.
Absolutely! By diversifying your investments you decrease risks, this is vital point of investments. Crypto is volatile asset and it is essential to make it a bit stable
Why do we need to diversify our holdings? why we just all in in one coin to have a one time bigtime profit.
Yes absolutely. You need to diversify it.
But do not hold that asset too long. Because every altcoin is depended on the bitcoin price.
When market is down its all down it seems tbh
Cryto market is volatile so it’s important to diversify your investments to minimize our risks. If we invest in one coin & drop by 50% your investment will drop by 50% but if you diversify your investment if you are losing in one coin you could get profit from other. With diversification you also need patience in Crypto market. You should always try to invest in Top ten coins. 
Going all-in in one coin is a lot of risk for me. There are projects that, like ethereum, that have outpaced the growth of btc over the past years.
If you still plan to go all-in on one coin only, then go for BTCTC or ETH.
If you still plan to go all-in on one coin only, then go for BTCTC or ETH.
We don't have to take after any idea or govern, we just take after the reality of being tried a few times. To clarify better we ought to have mind adjust and eggs in a bin can help, so when we put every one of our eggs in a bushel and when we lose or something turn out badly the dissatisfaction dependably shows up. Enhancing is the best approach to conceivable elective benefits and keeping away from disappointments.
Sa katunayan, hindi na kailangang mauna sa alinman sa mga konsepto nito o kahit na ang panuntunan, sinusunod lamang natin ang katibayan ng maraming pagsubok. Upang magmungkahi kung ano ang pinakamahusay na dapat naming isipin. Ang pagbabalanse ay isang ideya na katulad ng mga itlog sa basket na makakatulong din, kaya pagdating sa oras na subukan natin ang lahat ng ating mga barya na mailagay sa isang wallet at nawala tayo o may pagkakamali ang isang kabiguan ay palaging lilitaw upang maging malabo . Ang tanging pagkakaiba ay ang paraan kung saan posibleng alternatibong mga kita at pag-iwas sa kabiguan.
i must diversifiying your asset to reducing potential lose, even if you all in kn top coins, its still so dengerous, remember man, cryptocurrency still so volatile
Dont put all your capital or money in one coin. This is a strategy to distribute the risk. If one coin lost you still have other coin that will probably gain. It will compensate the loss of your other coins. It also applicable to any other investment like stocks and bonds.
Last year, it seemed to some investors that the market would grow forever and each coin could show a good growth. Therefore, I often saw that people didn't diversify the risks. As a result this led to the fact that most of these people have lost their capital. Your portfolio should have several different coins (5-10+) and other assets.
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