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Topic: Do you diversify? - page 2. (Read 850 times)

hero member
Activity: 966
Merit: 535
October 28, 2017, 02:55:19 PM
#48
You must always diversify your investments and anything money related. Even most things in life. You would not out all valuables in one place in your house imagieb a fire starts and is where our valuables are and you lose them all. If you sosce them out you will only ever lose where the fire reaches and everything else will be fine. Rather lose some then all. If everything is invested in one oksce and something bad happens then it is all lost and you don't want that. You want multiple streams of income. That way if some stop then you not joboess and without money.
full member
Activity: 210
Merit: 104
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October 28, 2017, 02:16:34 PM
#47
Im the opposite of you my friend. I do not have any other investments currently and all my eggs (stupidly) are in one basket. I have diversified with my btc however (but that too was not a good choice) so I am 2 for 2 in

bad decisions Cheesy. Oh well as long as I learn from this and dont continue to make these mistakes everything should be okay and if not I remain positive that bad outcomes happen for a reason.
sr. member
Activity: 728
Merit: 250
Buy, sell and store real cryptocurrencies
October 28, 2017, 02:02:47 PM
#46
My answer is Yes for both

1) I invest in other offline investments. Currently stocks and bonds but I intend to invest in others.

2) My crypto portfolio has Bitcoin and altcoins.
newbie
Activity: 12
Merit: 0
October 28, 2017, 01:25:10 PM
#45
Yes, but for crypto it is difficult diversifying effectively with thousands of currencies and tokens being issued every day. From a theoretical point of view holding a market cap weighted portfolio of all assets is the ideal thing to do, but in practice holding just bitcoin is more effective (than that, at least).
full member
Activity: 462
Merit: 101
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October 28, 2017, 01:23:06 PM
#44
I would like to answer your question in two different one's .

1) Yes i like to diversify my investment into various trading products like Stocks,Commodities,Forex and crypto's. Actually stock is a better options and i hold 40% of my capital into that and remaining 60% is invested equally into other trading products. Actually diversifying your capital reduces the risk and also it diversify the risk too here.

2) I mostly hold bitcoin and other crypto's also like ethereum, litecoin and ripple where they are considered to be the top rated alt coins and expected to grow bigger than bitcoin in coming days.
full member
Activity: 322
Merit: 116
October 28, 2017, 01:01:07 PM
#43
To answer your first question, yes I diversify my investments into bitcoin, businesses, and even banks where I keep my cash. But I don't diversify my crypto, I am all in for bitcoin as of the moment.
hero member
Activity: 1540
Merit: 744
October 28, 2017, 12:50:00 PM
#42
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.

I don't have any other non-cryptocurrency related investments, my main one is holding Bitcoin, I despise the risk of trading. I'm also holding some Ripple, not expecting much from that, nor deeming it a decent investment, just purchased to see how it ends up.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
October 28, 2017, 12:36:39 PM
#41
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.


It's yes for me for both 1 and 2. For number 1, its important that you don't rely on a single asset. Everything can go down and not having back up would be one of the biggest mistake you can commit. For number 2, i've been trading for a year now and i've invested in coins that  i felt would be profitable in the future. Etherium and ripple are some coins that i have stored
In my decision also yes to 1 and not yet to 2. Because we do not hold the Bitcoin and other altcoins are not possible to current market in cryptocurrency. This is like a one type of share market any time it will fall down or raise up. Many peoples are invest other things this may increase or stable in future. But cryptocurrency we cannot predict in the future market. I am also invest to business and metals.
newbie
Activity: 14
Merit: 0
October 28, 2017, 12:07:56 PM
#40
I have my wallet diversified: 30% BTC, 20% ETH and 50% other coins. - It’s quite risky wallet but profits are also nice (so far…).
sr. member
Activity: 1456
Merit: 267
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October 28, 2017, 11:57:39 AM
#39
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.


It's yes for me for both 1 and 2. For number 1, its important that you don't rely on a single asset. Everything can go down and not having back up would be one of the biggest mistake you can commit. For number 2, i've been trading for a year now and i've invested in coins that  i felt would be profitable in the future. Etherium and ripple are some coins that i have stored
full member
Activity: 140
Merit: 100
October 28, 2017, 11:19:45 AM
#38
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. No, not yet but I am planning on investing in a real life investment such as stocks and having my own business. This my form of assurance since I am not certain about the life of cryptocurrency as a whole. It may go extinct at any time so having a real life investment is a must for me. I am hoping the cryptocurrency will stay, though.

2. I am currently holding tokens but I am not saying that this is diversification. I am also planning on converting these into BTC and/or ETH any time soon and after that, that may be called diversifying since I'll have some coins other than Bitcoin.
full member
Activity: 322
Merit: 103
October 28, 2017, 10:45:56 AM
#37
yes not only in bitcoin but to my all investment i diversify them all whether its in stock market forex market its just different treatment and approach on how i'm gonna handle the situation on where i'm investing and trading, because by diversifying you minimize the risk by not putting all your eggs in one basket.
legendary
Activity: 3668
Merit: 6382
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October 28, 2017, 10:22:54 AM
#36
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.


If you diversify you spread the risk. I wish I could have the funds to diversify more, but for now I have Bitcoin and a number of altcoins. I didn't get to make the step for bonds, metals and businesses. Maybe if Bitcoin and my alts grow more Wink

1. I think that the answer here is no.
2. Clearly yes.
legendary
Activity: 2114
Merit: 1292
There is trouble abrewing
October 28, 2017, 10:22:09 AM
#35
i don't hold altcoins but i diversify into them if you can call what i do as diversification! i am mostly a trader when it comes to altcoins, i am mostly scared of their future since i have seen the dark side of them and i know how big the dumps can potentially be.

as for other things, i have invested in gold and stocks but these days i don't have any of them. i am fully in bitcoin and will probably stay like this for a couple of more months.
sr. member
Activity: 700
Merit: 275
October 28, 2017, 10:18:16 AM
#34
That’s a good question to ask as one can get estimate of how much crowd is actually into crypto, mixed into crypto as well as real stocks etc and only the later one too.

For me I have little investment into real estate business but nothing more than that. Whatever I have other than that is into crypto only. This was not the initial case but now I have started investing into crypto a lot and it’s more or less habit for me.
sr. member
Activity: 1400
Merit: 273
October 28, 2017, 10:13:39 AM
#33
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.


I am saying yes to both number 1 and number 2. For number 1, it is always a good strategy to invest not just on a single thing. It is always advisable to invest on something else so that whatever may happen to your single investment, the other one is still there. You will always have a safety net so to speak if you have different investments. The same is true to number 2. Diversification is always a good move.
sr. member
Activity: 434
Merit: 250
October 28, 2017, 10:12:15 AM
#32
I am a regular trader like equity in my country exchanges and also commodity in that I dint find much profit. Once I started to invest on bitcoin I am getting regular income by different strategies only through bitcoin. Yes even I am holding lots of high potential crypto currencies hoping out of that one will make millionaire in near future.
hero member
Activity: 2604
Merit: 816
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October 28, 2017, 10:08:37 AM
#31
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. no, I am not invest in stocks, funds, bonds, metals or any participations in businesses, I only invest in bitcoin and altcoin only.

2. yes I am hold bitcoin and many of altcoins.

I think if we invest in crypto currency especially in bitcoin, we can have to make profit and now with the price of bitcoin up and down, I am sure that we can make money.
copper member
Activity: 1050
Merit: 294
October 28, 2017, 10:06:54 AM
#30
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 have diversified my investment because to put all of your eggs in one basket is not a safe option or a good strategy.


2)   Do you hold only bitcoin or do you also hold other cryptos?
I hold altcoins but for a short period of time for short term trading, altcoins are not reliable so holding altcoins for a long time is risky.
sr. member
Activity: 672
Merit: 252
Until the end
October 28, 2017, 10:04:50 AM
#29
I have a 401K which itself is diversified.  That is the only real non-crypto investment I have. 

I also have a wide range of altcoins.  The amounts and values fluctuate, I do a fair amount of trading, but I do keep a few coins that I never trade.  Just HODLing those.

Diversification is good in the long run because it mitigates potential risk.  Of course it also mitigates gain.  If you can find a strategy that works for you it may not work for someone else.  My advice is put as much as you safely can into crypto.  Don't cashin a 401K to buy bitcoins, I would just divert current streams into crypto.

If you like to trade have some coins set aside that you don't touch.
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