Topic: Do you use diversification? - page 10. (Read 4398 times)
Diversification is the first tool of a good investor, because you always need to split your funds into different exchanges and tokens, to avoid the risks of a bad investment decision and loosing a lot of money.
While you're into cryptocurrency, surely diversification is a must. Because none know when the price of assets increase and decrease. It is good to go with different coins. This will let the user get profited even when one coin falls, in particular there are coins that have gone unused and got de listed from exchanges. If we had invested only into that without knowledge our cryptocurrency usage will come to an end, upon which diversification is a good pick.
For example, you have some altcoin (in my case it's Metaverse ETP) and you expect it to grow. But in a weak market, this altcoin behaves like bull and you have the opportunity now to sell it and buy an asset that looks weak in the market (for example Qash, Tierion, Nem, Odyssey or Republic Protocol) in order to get the greatest possible profit. Or leave a strong asset and wait for its further growth. What do you think about this?
I will continue to hold the altcoin in my hand, and pay attention to some of the altcoins that are more enthusiastic in the market. When the right opportunity is met, I will make some investment. 
For example, you have some altcoin (in my case it's Metaverse ETP) and you expect it to grow. But in a weak market, this altcoin behaves like bull and you have the opportunity now to sell it and buy an asset that looks weak in the market (for example Qash, Tierion, Nem, Odyssey or Republic Protocol) in order to get the greatest possible profit. Or leave a strong asset and wait for its further growth. What do you think about this?
Diversification is like a dogma for every investor, without it it is impossible to develop and make a profit. Yes, and what can we talk about when there are more than 1k coins, then the hands themselves are drawn to try a lot.
For example, you have some altcoin (in my case it's Metaverse ETP) and you expect it to grow. But in a weak market, this altcoin behaves like bull and you have the opportunity now to sell it and buy an asset that looks weak in the market (for example Qash, Tierion, Nem, Odyssey or Republic Protocol) in order to get the greatest possible profit. Or leave a strong asset and wait for its further growth. What do you think about this?
In my personal opinions what are you talking about is not diversification because all of your investment in cryptocurrencies although that is in different of cryptocurrencies. And it will not help you in condition down trend of cryptocurrencies price. If you want really make diversification, you must make investment in stock market, properties and the real of businesses. Don't forget the market of cryptocurrencies always goes down in the past and in the future.
sometimes I do sell what I currently hodl because of weak growth, and I buy coins that are even lower but have the potential to grow bigger. but still, this is a big gamble, because it could be if we hold long term, prices can go up or down, or low coins that we think will move quickly, could be silent or rise to the moon. all this is just speculation and gambling.
For example, you have some altcoin (in my case it's Metaverse ETP) and you expect it to grow. But in a weak market, this altcoin behaves like bull and you have the opportunity now to sell it and buy an asset that looks weak in the market (for example Qash, Tierion, Nem, Odyssey or Republic Protocol) in order to get the greatest possible profit. Or leave a strong asset and wait for its further growth. What do you think about this?
Diversification is like a dogma for every investor, without it it is impossible to develop and make a profit. Yes, and what can we talk about when there are more than 1k coins, then the hands themselves are drawn to try a lot.
The process of diversification in general is not very difficult if you approach this issue correctly. It seems to me that today it makes sense to really do so as the risks are huge. A lot of projects just pour.
I always favor in diversification because we can not put all over eggs in one basket. if we buy multiple coins than we have a better chance to manage our risk as all coins never go in same directions.
The best thing you can do for your portfolio is to use the diversification method. Because without diversifying your deposit, you would face the problem of a wrong investment decision and will lose a lot of money.
Necessarily, if such an opportunity is provided, I do not miss it, it is important to be able to minimize risks and increase the probability of large profits in the event of price increases
of course I diversify, because in my opinion to maintain the assets that we invest in several markets and that makes it easier for us to monitor market trends
Always if you want to invest in longer term diversificate your investment portfolio not only in cryptocurrency but stocks, bonds and other investment assets. That provide some sort of security buffer form bigger losses sometimes.
I agree, diversification will always help to avoid large losses, I also think you need to invest as much as possible in the majority of assetsHere in crypto, the more you needed it due to it's high risk nature, you cannot just sit and relax while investing on one coin only, and even if you
only invest on bitcoin, there is no guarantee that bitcoin will continue its success as the most dominant coin, the future is still unforeseen and there are better coins here than bitcoin, tech wise of course.
Always if you want to invest in longer term diversificate your investment portfolio not only in cryptocurrency but stocks, bonds and other investment assets. That provide some sort of security buffer form bigger losses sometimes.
I agree, diversification will always help to avoid large losses, I also think you need to invest as much as possible in the majority of assets I have a number of coins I invested into but I would have invested more if I had the funds, in essence I'm a good supporter of diversification. I like to have as many coins as I can because you may never know the one that will break out.
Diversification always saves from losses, if one coin you fall then the second can cover these losses, so especially in the crypto-currency market, there must be a diversification! 
Always if you want to invest in longer term diversificate your investment portfolio not only in cryptocurrency but stocks, bonds and other investment assets. That provide some sort of security buffer form bigger losses sometimes.
This is the only way to protect your portfolio. Diversification should be used not only for coins, but for exchanges as well, because if something goes wrong with one exchange, you would always have an alternative solution.
Agree diversification should be present everywhere , this is a way to save your money, especially for exchanges, especially in recent years a lot of hacking and I think you need to protect yourself
I have a number of coins I invested into but I would have invested more if I had the funds, in essence I'm a good supporter of diversification. I like to have as many coins as I can because you may never know the one that will break out.
This is the only way to protect your portfolio. Diversification should be used not only for coins, but for exchanges as well, because if something goes wrong with one exchange, you would always have an alternative solution.
Agree diversification should be present everywhere , this is a way to save your money, especially for exchanges, especially in recent years a lot of hacking and I think you need to protect yourself Diversification are very important but if you just diversify in crypto, you are not safe because nothing escapes in last year's bear period.
Crypto investing is considered high risk, therefore if you are looking to minimize that risk, you should invest your money in stocks where the market are stable unlike in crypto where it's so volatile. It's not good for day traders when price is going down but holding can save your if you do not panic.
The problem of diversifying when it comes to cryptocurrencies is that diversification is supposedly done to try to reduce your risk but when I see altcoins most of them are many times more risky than bitcoin, I do not see a coin with less risk than bitcoin so what it is the potion of diversifying if you cannot reduce your risk, you will be in a better shape by just investing in bitcoin and not diversifying. Crypto investing is considered high risk, therefore if you are looking to minimize that risk, you should invest your money in stocks where the market are stable unlike in crypto where it's so volatile. It's not good for day traders when price is going down but holding can save your if you do not panic.
Jump to: