Topic: Don't test the Depth of water with Both Feets - page 5. (Read 799 times)
No matter how great you think an investment is there is never a good time to go all in with just one coin. Too many things can happen in crypto that people should always diversify. 50% should be in bitcoin, with the rest split between top 20 coins and then some random shitcoins (in small quantities)
Yes, if there is free money, then the best investment is diversified.
The difficulty is that many people do not have the money to distribute them across different industries. To invest in the stock market, you need to have +X000$$$. Therefore, people are switching to crypto market, where even $10 can already be invested. But investing in crypto alone is a big risk.
Thus, we are all cryptoinvestors with both feets in the whirlpool
.
The difficulty is that many people do not have the money to distribute them across different industries. To invest in the stock market, you need to have +X000$$$. Therefore, people are switching to crypto market, where even $10 can already be invested. But investing in crypto alone is a big risk.
Thus, we are all cryptoinvestors with both feets in the whirlpool
.
Nobody should forget about the funds diversification law. You should always have minimum three wallets where you are holding your tokens and at least 3-4 exchanges, because if something gets hacked, you still have a chance of not harming your portfolio.
Certainly, diversifying your money among a few coins will reduce the risk of losing. But, there are times when you do not escape from losing, and in order to avoid regret in the future you should always act considering this.
Good advice of course, but that applies to any decision when putting in your money. Always diversify and always know the risk you're putting up, and more importantly, never invest with money you can't afford to lose. This last part is I guess the most important and yet the most ignored. People keep putting money they THINK will grow, even though they know the risk is that they could lose it. And in crypto risk of losing it ALL is very real!
thanks for ur add up, we all need to be cautious of whatever we do and never regret any decisions but rather make uniform resolutions from them Every individual has his own preference on how to take the risk. Here in crypto, the risk is real. Your money would be gone in just seconds literally. Have experienced that one earlier today on one of the coins but then again, that is my decision to take the risk but i failed and i should learned that one.
That said Is very true, we always learn through experience
it is risky putting all your eggs in basket because you will easily get burnt. but folks said that there is "the hard way and the only way" most successful business men in the game risk everything on one basket while many lost their all.
i think we all should be careful in our investments. follow your instinct and never regret your decision.
i think we all should be careful in our investments. follow your instinct and never regret your decision.
Good advice of course, but that applies to any decision when putting in your money. Always diversify and always know the risk you're putting up, and more importantly, never invest with money you can't afford to lose. This last part is I guess the most important and yet the most ignored. People keep putting money they THINK will grow, even though they know the risk is that they could lose it. And in crypto risk of losing it ALL is very real!
Every individual has his own preference on how to take the risk. Here in crypto, the risk is real. Your money would be gone in just seconds literally. Have experienced that one earlier today on one of the coins but then again, that is my decision to take the risk but i failed and i should learned that one.
Every effort in this life involves risk. This risks are classified into two main categories, low risk and high risk!
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
Of course, in other words we should not put all our investment in cryptocurrency into one coin. Dividing it into many as long as we know it has potential profit.
Every effort in this life involves risk. This risks are classified into two main categories, low risk and high risk!
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
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