Topic: Do you diversify? (Read 847 times)
My answer to both questions is yes. I would invest and diversify my funds in both cryptocurrency and other investments such as stocks, mutual funds, trust funds, real estate, and business. This is my long term goal and I am trying my best to achieve it. Learn everything I can while achieving these goals by reading books and doing research, focusing on one goal at a time, having my own strategy, and being self-aware of my risk tolerance are my ways toward this goal.
Diversification is good, but I don't see any coins which can compare in its profitability with bitcoin. I think this is also not a good option. Having the opportunity to earn good money deliberately refused to invest in less profitable projects for the sake of imaginary security. I fully rely on bitcoin.
As of the moment, i am still on the beginning of my crypto life which means i am not currently holding any coins as of now. However, i have thought of diversifying my coins by the time i have some so my chances for profit growth is wider though i am thinking to have majority of it on bitcoin.
I don't know why you are asking for people's investment and holding, ( I think your question had to be : is investment in other projects besides cryptos profitable? And what about holding (wether bitcoin or altcoins) ?
For me : 1/ I didn't investment yet ...2/ yes I am holding both bitcoin and altcoins
For me : 1/ I didn't investment yet ...2/ yes I am holding both bitcoin and altcoins
I have other altcoins as well.
And i think it is only necessary to do that in order to have a more secure means of investments.
Bitcoin may be a good way to invest but we really dont know what may happen in the future. That is why it is always best to have contingencies.
And i think it is only necessary to do that in order to have a more secure means of investments.
Bitcoin may be a good way to invest but we really dont know what may happen in the future. That is why it is always best to have contingencies.
Yes I do diversify my investments. Before I get to know crypto, I was investing in stock market and FX trading. I am still investing in stocks but not FX anymore.
Currently I diversify my investment in stock markets and crypto. In the future, I plan to invest in business and properties if I have the chance.
Diversification in trading and investment in bit coin as well as in real estate is a good sign of a successful investor I am also changing my business with the time as my priorities changes so some time I take part in stock exchange while some I invest my money in buying house or shop etc. which give me so much profit. Currently I diversify my investment in stock markets and crypto. In the future, I plan to invest in business and properties if I have the chance.
yes in btc and alts
I am diversifying into BTC and alts now. For too long I have waited before getting into crypto. Crypto has been on my radar for too many years without me pulling the trigger. So I have lost a lot of the last years skyrocketing
Diversifying is a good idea, but as for the second part of your post, holding altcoins, it can be tricky. There's a strong general trend that when Bitcoin is growing, all altcoins lose their BTC value so their USD value remains roughly the same. If you'll put it together with a pretty popular opinion that altcoins are in bubble and that Bitcoin is the best cryptocurrency, than turning a big portion of your portfolio into altcoins might start sounding like a dangerous idea. On the other hand, this year altcoins showed giant growth and people who have been holding them for at least 6 months at that point have managed to get some very big returns (for example, Ethereum was trading at $10 last year, while today it's $300), but it's very hard to tell if this will ever repeat or if altcoins will crash instead. So, if you want to diversify, better pick your coins very carefully and select only 1-3 coins that you think are the best.
It is a very difficult question to answer. Initially I had invested only a very small amount in Bitcoins (may be 1% of my total wealth). But as time progressed, the value of Bitcoins increased and now they are close to 60% of my portfolio. On top of my initial investment, I received some more coins from signature campaigns and bounties.
I would like to divide this question into two different ones:
1) Do you have your investments diversified in general and don’t only hold bitcoin? I mean if you also have stocks, funds, bonds, metals, participations in businesses etc.
1) Do you have your investments diversified in general and don’t only hold bitcoin? I mean if you also have stocks, funds, bonds, metals, participations in businesses etc.
Yes, I also have stock investments. Well it was before I discovered bitcoin so its logically that I still have and holding it till now. I also have a business so I guess you can call it diversification.
2) Do you hold only bitcoin or do you also hold other cryptos?
My answer is yes to 1) and not yet to 2) but I will.
Initially, I not only hold bitcoin but other altcoins as well, But I dumped all my altcoins in favor of bitcoin only. As I see that bitcoin specially for long term hold is the best choice and fit my schedule. (I can't do day trading with altcoins anymore, change of priority, hard to track on my end).
I recently sold all my shares to put into a high interest account. Shares are volatile in UK at moment due to Brexit. I have bitcoin and eight ether tokens. Will be looking to sell some to put into litecoin and neo.
i just want to add that when you diversify you should be extra careful not to over do it.
i am speaking from personal experience that when you diversify specially when you are investing in altcoins it is easy to lose track and invest in a very large number of altcoins and you end up having lots of different alts and most of them are useless and lose price.
the bigger problem is that it becomes impossible to have all of them under close observation at all time so you may lose track and with it money.
what i do is that i obviously invested in bitcoin and as for altcoins i keep the number to a handful so it is easy to handle.
i am speaking from personal experience that when you diversify specially when you are investing in altcoins it is easy to lose track and invest in a very large number of altcoins and you end up having lots of different alts and most of them are useless and lose price.
the bigger problem is that it becomes impossible to have all of them under close observation at all time so you may lose track and with it money.
what i do is that i obviously invested in bitcoin and as for altcoins i keep the number to a handful so it is easy to handle.
Yes i would like to answer it, I have investments in Stocks, Etf's, Commodities, Forex, and also investment in Real estate and Marketing business. In total I have stock holdings of about 30%, Commodities, Etf's, and Real estate as another 30% and then Invested 25% in Forex and Crypto market and remaining 10% in Marketing business and 5% in bank accounts for interest gains. By this way i am managing my investment portfolio. Secondly,i dont only hold bitcoins alone i also have invested few positions in Ethereum, Litecoin and Zcash for short term trading.
I would like to divide this question into two different ones:
1) Do you have your investments diversified in general and don’t only hold bitcoin? I mean if you also have stocks, funds, bonds, metals, participations in businesses etc.
2) Do you hold only bitcoin or do you also hold other cryptos?
My answer is yes to 1) and not yet to 2) but I will.
1)I once owned and invested in metals , coal and others but not for long because the process of investment profits there is not glorious as bitcoin1) Do you have your investments diversified in general and don’t only hold bitcoin? I mean if you also have stocks, funds, bonds, metals, participations in businesses etc.
2) Do you hold only bitcoin or do you also hold other cryptos?
My answer is yes to 1) and not yet to 2) but I will.
2)Yes advantage in promising crypto
I think include Bitcoin as part of the investment portfolio is definitely a good move, perhaps around 5 - 10 % so to get the benefits from crypto growth. Although whether to diversify between Bitcoin and other crypto really depends on how much further risk and time you'd like to spend on crypto. Perhaps a 80:20 split of Bitcoin and Ethereum would be good for the long term.
1) Yet, I'm waiting for the stock market will crash to buy more shares (at my prediction it will happen in the next few years).
2) I hold bitcoin in addition to waves, LTC and XMR.
2) I hold bitcoin in addition to waves, LTC and XMR.
I would like to divide this question into two different ones:
1) Do you have your investments diversified in general and don’t only hold bitcoin? I mean if you also have stocks, funds, bonds, metals, participations in businesses etc.
2) Do you hold only bitcoin or do you also hold other cryptos?
My answer is yes to 1) and not yet to 2) but I will.
1) Do you have your investments diversified in general and don’t only hold bitcoin? I mean if you also have stocks, funds, bonds, metals, participations in businesses etc.
2) Do you hold only bitcoin or do you also hold other cryptos?
My answer is yes to 1) and not yet to 2) but I will.
The answer to 1 is more important than the answer to 2. Most alts have a high correlation with BTC, so holding different alts won't give you any benefit. The correlation of bitcoin with other assets is low, so it acts like a kind of hedge.
Yes of course, i have several bussiness on my local city, and most of the funds that i get from bitcoins or my other online investments are being invested in them right now.
It is not because i dont believe on bitcoins or in crypto in general, it is because i prefer to diversify that money instead of having all that in just bitcoin, and everybody should do the same, we dont know if bitcoin will be down in some days, we dont know anything about that.
It is not because i dont believe on bitcoins or in crypto in general, it is because i prefer to diversify that money instead of having all that in just bitcoin, and everybody should do the same, we dont know if bitcoin will be down in some days, we dont know anything about that.
Yes, I am trying to invest in some stocks. I read here that real estate investment is good, but although I am 49 years old I do not have sufficient money to buy a new home. I guess real estate is very good, but here in Eastern Europe, real estate investement is a dream for most of people. Bitcoin was a bless, stocks follow it (little people have courage to invest in stocks here).
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