Topic: How safe is it to put everything in one cryptocurrency? (Read 3671 times)
Since I'm holding a small amount of crypto assets I decided to change a couple of different currencies and tokens such as BTC, ETH and let's say FCT and MGO. More chances to get profits.
If it is among the top five coins, like ether, stellar, neo, waves, ripple or Eos , then putting all your capital on any of it is suffeincent to make returns, than investing in new coins that do not have future.
Think about it, what are the chances that one project in such an unstable market will die and people will lose everything. Do you think that it is very low? No. Too big.
I've been thinking a lot about this issue. I heard more than once that many are discussing this topic. Is it safe to invest everything in one, two cryptocurrencies? Or to distribute all the money in all the coins available for this amount?
With the current state crypto market is in I wouldn’t say that it is a bright idea, it’s always better to diversify your portfolio, and I would say especially in crypto world and especially now. There has been a lot of projects that promise a lot but doesn’t deliver anything. So definitely diversify your investment.
It can be observed on the example of the same Ethereum that people who strongly believed in it and invested in Ethereum all their money since its peak lost more than 10 times. For example, Bitcoin fell 5 times.
I've been thinking a lot about this issue. I heard more than once that many are discussing this topic. Is it safe to invest everything in one, two cryptocurrencies? Or to distribute all the money in all the coins available for this amount?
It is safest to invest your money in several cryptocurrencies. You will protect yourself with this in case of a sharp fall in the price of one or two coins. Read online information on how to diversify risks.
Market is so incredible, so put everything in one cryptocurrency its big mistake. I think its better investing in diffirent coins so you can have some protection. also in this period its not a good idea investing everithing in one coin. i prefer invest one part only and waiting
I've been thinking a lot about this issue. I heard more than once that many are discussing this topic. Is it safe to invest everything in one, two cryptocurrencies? Or to distribute all the money in all the coins available for this amount?
I never have and I never will. I am a trader, which means I have to split my Deposit into several different currencies and never go full Deposit. It's dangerous 
I've been thinking a lot about this issue. I heard more than once that many are discussing this topic. Is it safe to invest everything in one, two cryptocurrencies? Or to distribute all the money in all the coins available for this amount?
no, it's too risky in my opinion, I prefer to invest with a number of altcoins.to minimize large losses, if there is one of your investments that loses at least there is still hope for your other investment.
The saying that goes this: Don't put your eggs in a single basket was never wrong even in real life, diversification is the way out for any business endeavor. So diversify
You must diversified your portfolio otherwise you must be at high risk.in case you want to invest then it must be bitcoin ethereum only.by this you can increase your profit margina And decrease risk
If this coin is not bitcoin, you should not put everything in one cryptocurrency. It is too risky, you can lose everything. It is better to make investment in 4-5 coins.
I've been thinking a lot about this issue. I heard more than once that many are discussing this topic. Is it safe to invest everything in one, two cryptocurrencies? Or to distribute all the money in all the coins available for this amount?
Putting all you have into crypto is like taking a lot of risks. You should have asked yourself the question of: what if you lose everything? Well, yo also stand the chance of gaining, but do not assume that.
I would say that it is not very safe because you have a greater risk of losing everything than the person who distributed their funds
It's not safe at all. Basic lesson in investment is always put your money into many different crypto. Invest in many different crypto can reduce your risk of losing money if your crypto dump. Further more, invest in many crypto gives you more chances to earn more profits.
I've been thinking a lot about this issue. I heard more than once that many are discussing this topic. Is it safe to invest everything in one, two cryptocurrencies? Or to distribute all the money in all the coins available for this amount?
At the moment, I just keep everything in the top coins, including bitcoin, to invest in a variety of simple coins is very dangerous now, until the market stops, it is better to make simple investments that are the most prosperous.
Don't put all of your eggs in one basket, a legendary saying in the world of crypto to prevent from losing all of your investment in one big mistake, yes diversify is the common strategy for this.
Obviously it isn't safe. You can earn a lot if that specific coin/token booms but very risky too. The market obviously is unstable and unpredictable. It is always better to spread your money in different currencies and spread market risks so if one fails, you have more. Unlike when you invest into only one, if that fails, you lose everything. And a good investor wouldn't do such. Be wise.
It is not safe at all. But potential profit can be much more higher.
If you have a small deposit, I suggest you doing that.
You can simply put in low cap coin and get excessive return
If you have a small deposit, I suggest you doing that.
You can simply put in low cap coin and get excessive return
Diversify I'd say. It reduces your risks since some of your currencies might go down, and other might grow at the same time.
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