Do you use diversification? - page 3.

bustedsynx

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Quote from: cryptofuturologist on March 06, 2019, 05:28:12 PM

Yes, I try to invest in different coins. It seems to me that such a strategy significantly reduces the risks associated with cryptocurrency.

Diversification in altcoins is useless. When Bitcoin goes down, every coin goes down. Same with Bitcoin going up. So what happens is when you're investing in altcoins, you are multiplying your positions. So when we are in a bull market, you get more profit than holding Bitcoin alone.

If you want true diversification, invest in gold, real estate or some other non-correlated commodity.

PuertoLibre

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Diversification is crucial in investing. Putting all money to 1 coin is counted as gambling than investing. Without diversifying the portfolio it is hard to control the market movements for a single coin.

Gary Levanevskii

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Yes. I use diversification. But I also think that if you keep a lot of coins in your briefcase, that is not good. I think that there should be no more than 5 or 10 coins in portfolio.

cryptofuturologist

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Yes, I try to invest in different coins. It seems to me that such a strategy significantly reduces the risks associated with cryptocurrency.

kvipcn

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Diversification is the basic skill every investor in the crypto ecosystem must have if he/she want to maximize his/her profits and at the same time reduce the amount risk presented to him/her in an attempt to invest. This helps an investor to know the possible profits he/she is gonna make or what he/she is might lose.

daarul50

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If you want to know, all investors only have the goal of having as much bitcoin as possible. They invest in altcoins in order to get more bitcoins and the reason they invest in altcoins is to outsmart the bearish markets that occur so they don't get a loss from the impact of these bearish market conditions.

randyg29

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http://www.daxico.com/

I participated many projects that and all of that is not that legit and makes me uncomfortable to my holding currency in my wallet. That's why I choose to make sure that it won't get scammed in any projects that I will participate, so I made another wallet to diversify some of my new invested currency.

mrdeposit

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Quote from: Wyndesam on March 06, 2019, 04:46:07 PM

Quote from: VasyaPupkin on February 27, 2019, 01:15:55 AM

Quote from: Nasonn on February 26, 2019, 09:49:47 PM

Diversification helps you to spread risk among your assets especially in crypto where the market is very volatile, it's very helpful if mastered.

Over the past year, I think a lot of investors strongly regretted that did not use diversification, it would be possible to save and even earn during the next big price hike

Well, last year deversification especially and would not help in this market, I think the bear market is better to be generally out of the market than in any transaction ! and so of course it is better to deversify when the market starts to grow !

Not only when there is a market increase, always diversifying your portfolio reduces your risk. There is no difference in the amount of money, more diversification means less risk. Indeed, you can complete with less damage in bearish with diversification.

Wyndesam

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Quote from: VasyaPupkin on February 27, 2019, 01:15:55 AM

Quote from: Nasonn on February 26, 2019, 09:49:47 PM

Diversification helps you to spread risk among your assets especially in crypto where the market is very volatile, it's very helpful if mastered.

Over the past year, I think a lot of investors strongly regretted that did not use diversification, it would be possible to save and even earn during the next big price hike

Well, last year deversification especially and would not help in this market, I think the bear market is better to be generally out of the market than in any transaction ! and so of course it is better to deversify when the market starts to grow !

deredevil

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Quote from: donaltrump8 on March 05, 2019, 09:21:22 PM

I agree with you that diversification is a must in any investment because if you do that , your risk will decrease a lot , that's always a good strategy when investing something .

Yes, that is true by diversifying, of course the investment you have will be safer, of course it is important to do it so that you do not experience a lot of risk of loss and you will still get maximum results from what you have invested

donaltrump8

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I agree with you that diversification is a must in any investment because if you do that , your risk will decrease a lot , that's always a good strategy when investing something .

mv1986

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Quote from: pics4crypto on February 28, 2019, 03:58:36 AM

Quote from: Sanitough on February 28, 2019, 02:33:30 AM

Quote from: VasyaPupkin on February 27, 2019, 01:15:55 AM

Quote from: Nasonn on February 26, 2019, 09:49:47 PM

Diversification helps you to spread risk among your assets especially in crypto where the market is very volatile, it's very helpful if mastered.

Over the past year, I think a lot of investors strongly regretted that did not use diversification, it would be possible to save and even earn during the next big price hike

If they use diversification they will loss even more because altcoins are affected big time by the bear, if they convert their coins into BTC, they would loss at the current price but would only loss lower compared to altcoins assets. We have different strategy but diversifying your investment is recommended in any business or investment venture in life.

I agree, for me, diversified risks are the withdrawal of a part of the funds from cryptocurrency to another bizdes. And it really works, I recommend reinsured.

Depends on the amounts you have available and if you are playing around with small sums and you can bear the risk, it might also be worth it to take the risk and stay in crypto.

pics4crypto

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Quote from: Sanitough on February 28, 2019, 02:33:30 AM

Quote from: VasyaPupkin on February 27, 2019, 01:15:55 AM

Quote from: Nasonn on February 26, 2019, 09:49:47 PM

Diversification helps you to spread risk among your assets especially in crypto where the market is very volatile, it's very helpful if mastered.

Over the past year, I think a lot of investors strongly regretted that did not use diversification, it would be possible to save and even earn during the next big price hike

If they use diversification they will loss even more because altcoins are affected big time by the bear, if they convert their coins into BTC, they would loss at the current price but would only loss lower compared to altcoins assets. We have different strategy but diversifying your investment is recommended in any business or investment venture in life.

I agree, for me, diversified risks are the withdrawal of a part of the funds from cryptocurrency to another bizdes. And it really works, I recommend reinsured.

Sanitough

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Quote from: VasyaPupkin on February 27, 2019, 01:15:55 AM

Quote from: Nasonn on February 26, 2019, 09:49:47 PM

Diversification helps you to spread risk among your assets especially in crypto where the market is very volatile, it's very helpful if mastered.

Over the past year, I think a lot of investors strongly regretted that did not use diversification, it would be possible to save and even earn during the next big price hike

If they use diversification they will loss even more because altcoins are affected big time by the bear, if they convert their coins into BTC, they would loss at the current price but would only loss lower compared to altcoins assets. We have different strategy but diversifying your investment is recommended in any business or investment venture in life.

VasyaPupkin

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Quote from: Nasonn on February 26, 2019, 09:49:47 PM

Diversification helps you to spread risk among your assets especially in crypto where the market is very volatile, it's very helpful if mastered.

Over the past year, I think a lot of investors strongly regretted that did not use diversification, it would be possible to save and even earn during the next big price hike

Nasonn

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Diversification helps you to spread risk among your assets especially in crypto where the market is very volatile, it's very helpful if mastered.

odukoyaewatomi27

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I definitely use diversification and I advise people to use it too because there it is suicidal putting all your eggs in one basket, but in your case I would advise you to research the project to know if it is a project that can moon really well (I.e. give you like X200), then I would advise you too sell half and invest in other altcoin with possibilities of mooning too, tend you HODL the rest but if it can't moon sell all and buy different altcoins.

mv1986

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Quote from: ajdaj on February 23, 2019, 03:55:58 PM

Quote from: mv1986 on February 23, 2019, 03:04:52 PM

Quote from: batkaMahno on February 23, 2019, 02:56:30 PM

Diversification can save your capital. I think every investor should use this strategy. This is a very important time when the market is falling.

If you can handle going broke you can also go all in on one thing, but it's not really a sound strategy. Wink

I think that many users of cryptocurrency went all in at the end of 2017, when in order to invest profitably in cryptocurrency they sold real estate and took loans. This misstep brought them some losses.

If they have been in the market they went broke even if within this market they diversified their portfolio. Bitcoin lost over 80%, too.

uralcryptocoin

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SIGNATURE CREATION by uralcryptocoin

Diversification is good at all. I try to hold not only different cryptocurrencies but also traditional investments like shares etc.
Also mining hardware could be a variant of diversification

Thanasis

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Quote from: Stanlo on February 25, 2019, 04:37:05 AM

Diversification depends on how much you want to invest ,for example a friend of mine has more than 12 altcoins in his portfolio and he invested 200$ each on this altcoins but I never had that much so I still diversify with what I have left ,I have 100$ worth of Apollo currency and 70$ on others like etc ,etn, pundix ,holo ,what I'm avoiding is I don't want to put my eggs in one basket

When you are investing and long-term purpose then diverging your capital money is important but don't just invest and random kind pick the best of the cryptocurrencies which might have low value for now but in the future it might have good usage so the value also will be high,coin like litecoin or even more cheaper coin is preferred.

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