Do you use diversification? - page 6.

StarofBTC

hero member

Activity: 1148

Merit: 528

Quote from: Mikell556 on February 21, 2019, 06:18:39 PM

I think that while your token has a good price that allows you to earn - sell it and make investments in another promising project that will help you earn extra money. This has its risks; you can invest in several projects to reduce risks.
In the cryptocurrency to earn you need to constantly move forward and reinvest your profits in new projects.

Yes, we must go for diversification always. Let us just buy a lot of coins and hodl for years forgetting about what the price is currently, I am a freelancer and I always get paid in bitcoin, I make sure I store 10% of my payment in bitcoin for the future. Lets stop this price check all the time and come together as a community to discuss on how we can make this our great community better than it is today.

Mikell556

member

Activity: 434

Merit: 10

I think that while your token has a good price that allows you to earn - sell it and make investments in another promising project that will help you earn extra money. This has its risks; you can invest in several projects to reduce risks.
In the cryptocurrency to earn you need to constantly move forward and reinvest your profits in new projects.

IndianaJons

member

Activity: 336

Merit: 10

Proof-of-Stake Blockchain Network

Giving financial advice is not very good.
If I now had a token that would continue to grow, I would not be in a hurry to sell it and would wait for its growth. However, I would watch for its price every hour. Because at any moment a fall can begin.

Rockkey

member

Activity: 490

Merit: 10

Some time ago I made a choice in favor of the Etheera project. This is a project with which I am interested in dealing and it is in it that I invest my money now. Diversification is needed only as long as you are not sure about anything, but when you find your project, diversification become completely unnecessary.

Huntler1993

member

Activity: 462

Merit: 13

For sure, diversification is been applied since no single out strategy works out always in the digital world. Times and seasons are always different and so are the the strategies we adopt in order to provide us with the necessary profit.

Fedrey

member

Activity: 644

Merit: 10

Quote from: terra_vival on February 21, 2019, 04:02:00 PM

It's like a lottery, very often new little-known projects show good growth volatility in comparison with existing well-known projects.
I would have left these coins and held them to their cherished growth.

In fact, there are projects that from the very beginning showed very good results, even during the company's ico. Even after listing, their activity in the cryptocurrency market is quite high. One such project was and is pundi X, which needs to be kept as a very important asset in its portfolio.

terra_vival

jr. member

Activity: 238

Merit: 1

It's like a lottery, very often new little-known projects show good growth volatility in comparison with existing well-known projects.
I would have left these coins and held them to their cherished growth.

Aptekary

member

Activity: 602

Merit: 10

Quote from: lllaqpt on February 21, 2019, 03:02:19 PM

Quote from: digitalblock on February 21, 2019, 01:05:59 PM

You need to distribute the risks in any case, I would not sell the coins that have the product, you have to wait, in a weak market, if you sell your coins, you simply won’t earn anything.

If the market is really weak and the price is falling steadily, then there is no sense to wait, you need to use all possible strategies to minimize the loss of funds or even make money on it

It seems to me that it is precisely because of this that many users try to sell me actual coins in order to invest in those Coins which, in long-term storage, will not only return losses, but also give good profits. I also want to mention the fact that today, even on the difference in price, it is very difficult to earn money, because the risks of losses increase.

lllaqpt

full member

Activity: 420

Merit: 100

Quote from: digitalblock on February 21, 2019, 01:05:59 PM

You need to distribute the risks in any case, I would not sell the coins that have the product, you have to wait, in a weak market, if you sell your coins, you simply won’t earn anything.

If the market is really weak and the price is falling steadily, then there is no sense to wait, you need to use all possible strategies to minimize the loss of funds or even make money on it

Cloud_miner

member

Activity: 532

Merit: 10

Previously, I also thought that diversification is very necessary in order to avoid problems, but since I became acquainted with the Etheera project, my opinion has changed. Now I have chosen a single project in which I invest my money, I think that I am doing the right thing because my previous experience of investing in this project was very positive.

digitalblock

sr. member

Activity: 840

Merit: 250

You need to distribute the risks in any case, I would not sell the coins that have the product, you have to wait, in a weak market, if you sell your coins, you simply won’t earn anything.

Ellionise

jr. member

Activity: 168

Merit: 1

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?

Well, I think it's not the best idea to move from one coin to another , since in this case you can lose all the money , you need to competently use the diversification and store not in one coin but in several !

isen

sr. member

Activity: 854

Merit: 250

You do not need diversification only if you know 100% of what asset or area will grow in value, in other words, if you have insider information, otherwise do not risk it.

vanya.pronin.1983

member

Activity: 378

Merit: 10

Always and everywhere. This is the most important rule of how to reach success in our industry. But the most investors usually only use token diversification and forget that it is extremely important to keep these tokens on several exchanges.

minus_one_crypto

member

Activity: 462

Merit: 10

I think that each of us should remember about diversification. You can not neglect this. This can save your capital in the end.

deepakg2m

copper member

Activity: 490

Merit: 2

If i truly feel that the coin can bring me a lot of profit , once it starts rising, i will surely hold that instead of risking my guaranteed profit by replacing it with the low value coins.

jagaban

copper member

Activity: 322

Merit: 8

You remember the saying? Never put all your eggs in one basket? That is the point of diversification because it lessens the risks of losing all by spreading investments across different assets

lizarder

hero member

Activity: 1554

Merit: 877

I often use diversification but I use this not for investing in ico but using it for trading, for example, when the bittorent touches a very high price when it starts trading, I sell some of the assets for bittorent trading using diversification at this time is a good strategy

Karie_Legend

member

Activity: 514

Merit: 10

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Quote from: nik9990 on February 13, 2019, 03:10:16 AM

Yes, try to keep different coins in your portfolio, this will reduce the risks

The risk will be reduced but the lack of trust in other types of coins that are not so profitable. So you will have the thoughts many times to do that.

Prettymie

full member

Activity: 406

Merit: 100

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?

Diversification is a good strategy if you will invest on those altcoins that survive in a bearish market and those at top 20 coins in the marketcap are the best coins to consider. Why you will invest on those shitcoins that will hit the bottom and absorb the dumps from market manipulators. It's a high risk to put your money on those cheap altcoins that will easily shaken when the market goes bearish.

Topic: Do you use diversification? - page 6. (Read 4331 times)