Do you use diversification? - page 26.

papagravel

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Quote from: smoolae on September 26, 2018, 03:37:27 PM

Diversification has to be made in a smart way. I have seen people who have bought like 10+ different coins/tokens and the end result is that they just cannot manage them. And so the first good idea just becomes a big mess.

It's usually a good idea to choose up to 3-7 currencies you like/see potential and keep things well organized.

In my portfolio there are about 20 coins and tokens in which I invested. There are also many tokens that are received for the campaign bounty.
I manage to monitor the prices for all this. True, I had to buy a powerful computer with multiple monitors, but this is primarily for daily trading on exchanges.

Kiefner

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I constantly use diversification of my risks when investing, but at the moment it does not work. The whole market goes down. It's good that I keep 30 percent of my funds in bitcoin, as It fell much less relative to the same Ethereum.

smoolae

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Diversification has to be made in a smart way. I have seen people who have bought like 10+ different coins/tokens and the end result is that they just cannot manage them. And so the first good idea just becomes a big mess.

It's usually a good idea to choose up to 3-7 currencies you like/see potential and keep things well organized.

nelson4lov

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Quote from: Agniya on September 26, 2018, 02:51:19 AM

It is definitely not necessary to put all your savings into one basket. The more you diversify your investment, the less risk.

The concept of diversifying one's assets goes two ways. First, You get much lower risk but doing so might expose you to even greater losses. Before the bear market, I used to be a big fan of diversifying. So I bought a couple of coins and added them to my holdings. But when the bear market came, I was receiving 10-15% loss on each asset. But If it was just one asset, that's only 10% loss instead of 20%
. That's why a lot of people opt for hedging their assets into USDT in times like this.

pazzanegro

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I use it for long term holding. I think there are more chances to gain a lot If you have multiple coins blockfolio. I have around 20 different coins Im holding for next 5 years

waterproof

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Quote from: aleksnutis on August 02, 2018, 05:51:17 AM

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?

Yes, sometimes it helps If you have an altcoin and it falls, it is better to sell it even with a minus, until it falls even lower. Then you can re-buy it, the amount can be more than you sold.

milani

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With no doubt it is better to use the diversification, first - in order to minimize the risk of losses when the coins decrease in your crypto portfolio.

ADgordo

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I leave my assets actually. I have some chances like this. but i didint do diversification. because always i believe my holding coins will be very valuable . and i dont want to risk it.

doycku

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Quote from: Torps1 on September 26, 2018, 01:52:19 PM

Diversification is a great way to cut down on any possible unforeseen risk, anyone investing without diversifying is doing so at great risk. Personally I diversify my crypto investment as well as non crypto assets.

but nevertheless everything turns out not as you plan, Especially if you take into account the current state of the crypto-currency market, then such actions can give a minimal result.

Torps1

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Diversification is a great way to cut down on any possible unforeseen risk, anyone investing without diversifying is doing so at great risk. Personally I diversify my crypto investment as well as non crypto assets.

MidnightWolf

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Quote from: DeepChipolino on September 26, 2018, 01:31:52 PM

Somehow it so happened that I have +30 coins and tokens. I think this is the other side of diversification. Even if some coin does a lot of Xs, it will not give a lot of money, because the funds are too spreaded. Good earnings are possible in the case of many Xs in several coins.

Be sure that out of your 30 names of coins, at least a few will give very positive results in the future. We understand that the entire crypto-currency market has fallen by almost 100%.

DeepChipolino

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Somehow it so happened that I have +30 coins and tokens. I think this is the other side of diversification. Even if some coin does a lot of Xs, it will not give a lot of money, because the funds are too spreaded. Good earnings are possible in the case of many Xs in several coins.

Underw00d

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I do not buy many different coins. Max is two. And I keep until I'm satisfied with the price. It happens a long time. Let it be for now

HichemFetoui

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diversification is not the same for all investors some of them simply diversify in fiew one less than 5 some in less than 50 and others more than 100 personally i can only monitor 5 or less project

trickyriky

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Quote from: markint on September 08, 2018, 12:46:27 PM

I have no doubt that diversification is an appropriate strategy for any responsible investor looking for a way to minimize risks, however, seeing the behavior of the crypto market, where there is a clear dominant (bitcoin) whose behavior has a drastic and direct influence on the behavior of all the other altcoins, I believe that adequate diversification does not mean buying numerous unknown altcoins, but investing in other less volatile investment instruments, such as metals, currencies or stocks.

I always diversify my investments and usually there are from 4 to 7 different coins in my portfolio. But I wouldn't sell a "strong" coin to buy a "weak" one. There's a high possibility that weak coins are crapcoins, so why would I sell my strong asset to buy some crap? I'd better hodl.

DmitriySar

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Investing in one coin is accompanied by greater risks. It is necessary to use diversification if you do not want to lose all your savings, which you invest in one coin. It is desirable to distribute investments in certain proportions depending on the level of risk.

lantan81383628

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Diversification is the best way to reduce risk and maximize profits. Buy them when you think they are at their lowest price.

But I also use some of my profits to buy my favorite COINS.

Agniya

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It is definitely not necessary to put all your savings into one basket. The more you diversify your investment, the less risk.

rafi035

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Quote from: Zakifon on August 02, 2018, 06:21:09 AM

Of course. Diversification is the first and the main thing in trade and investment in the crypto currency. If you do not learn to diversify your funds - you will lose everything if suddenly something happens to the market

what you say in your opinion is very appropriate because no crypto security system can guarantee our own security that can secure what we have

UAE Seasider

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I would never recommend to anyone that they put all of their investment into just 1 coin, the risk associated with this is far too great. That isn't to see that it cannot be a strategy that works just that it is a single point of failure. I would pick 4 or 5 projects to invest with that way if one of them turns out to be a scam or fails for any other reason I still have the others to rely on in an attempt to cover and make a profit.

Topic: Do you use diversification? - page 26. (Read 4365 times)