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Topic: How safe is it to put everything in one cryptocurrency? - page 18. (Read 3727 times)

member
Activity: 490
Merit: 10
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?
in my opinion it is not safe at all as there are different things and bad ones happening zaround cryptocurrency world so be careful please
that is true for example ethereum was safe and what has happen with it recently? of course it will come back to normal but still
member
Activity: 490
Merit: 10
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?
in my opinion no matter how this or that cryptocurrency is safe or seems to be safe for you you shoyld use a few of them
member
Activity: 368
Merit: 10
No, you can never keep all your funds in a single cryptocurrency. With any project, anything can happen. Previously, you could invest your money only in Bitcoin. But now it is also dangerous.
it is not that safe but actually i think taht we can find some other things where we can save our money different wallets maybe
member
Activity: 368
Merit: 10
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?
in my opinion it is not safe at all as there are different things and bad ones happening zaround cryptocurrency world so be careful please
sr. member
Activity: 910
Merit: 263
No, you can never keep all your funds in a single cryptocurrency. With any project, anything can happen. Previously, you could invest your money only in Bitcoin. But now it is also dangerous.
full member
Activity: 579
Merit: 102
It is extremely painless to keep everything in one currency, since the market is an unpredictable thing and tomorrow anything can happen, and the token into which you have invested can go bankrupt and lose all of your investments.
newbie
Activity: 15
Merit: 0
Putting everything in one coin is a bit risky. The market is very volatile and no one knows what will happen next. It'll be a smart move if you invest in some other coins also that are doing good in the market.
newbie
Activity: 17
Merit: 0
I think there are some fascinating altcoins in the market which are very convenient to diversify your investment. Then there are these cool bounty hunts too. Putting all eggs in the same basket is kind of gamble.
newbie
Activity: 19
Merit: 0
Unless you are totally sure in a cryptocurrency it is adviced not to invest in one or two coins. Cryptocurrency world is a vast and there are many promising, intriguing and innovative coins, altcoins, ICOs out there that can be explored.
newbie
Activity: 15
Merit: 0
I don't generally invest in one or two cryptocurrency. I scatter my investments in many coins. I do this to avoid risk in events of failures.
full member
Activity: 504
Merit: 101
The all sciences about trading saying that it is a wrong way. To put everything in one unstable asset is the same as to play in casino - you could win but there is a much bigger possibility that you will lose a major amount of your initial balance.
jr. member
Activity: 266
Merit: 1
Of course it is best to distribute your investments, and not to invest only in 1-2 coins. This way you will reduce your risk of losing profits when the coin falls. The main thing is that the projects in which you invest you considered very promising
sr. member
Activity: 833
Merit: 267
in my opinion, it depends on needs, buying coins and dividing it not in one coin to be seriously in cryptocurrency trading, you have to think about your portfolio from day one.

No it is not safe to put and depend on one crypto currency because the market will not be stable all the time there will be Profit and loss in the market. So better invest in multiple coins and research the top 5 coins in the market and explore the recent status of these coins, analyse and invest in top coins.
AltCoins like ETH,NEO,Litecoin,Ripple are few trusted coins to invest in...
member
Activity: 308
Merit: 49
in my opinion, it depends on needs, buying coins and dividing it not in one coin to be seriously in cryptocurrency trading, you have to think about your portfolio from day one.
full member
Activity: 476
Merit: 101
You have to research the development of coins first, because if you invest everything in one crypto currency, it will be very dangerous, you want to divide your investment into several currencies, so that your investment coins are not easily dumped by big investors
member
Activity: 350
Merit: 10
BitbondSTO.com | Germany’s First STO | Earn Stable
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?

there are two things that are certain about that,
1. if the coin price falls, then you will lose a large amount
2. If the coin price rises, your profit will rise dramatically

the point is, saving assets in 1-3 coins has a very high risk. but it's better not to do it. if it is forced, the best thing is to invest in the amount of 100 - $ 250 in total. So if you have $100, put ~ $33 in each coin  Smiley
sr. member
Activity: 581
Merit: 250
I can say that it is totally unsafe to put all our fortune in just one cryptocurreny, since there is no guaranty that the currency that we choose will keep on thriving and growing all the time.
jr. member
Activity: 154
Merit: 2
TIME BASED CRYPTOCURRENCY
It is completely safe, if you believe in the project, many are doing so, they invest in only one cryptocurrency and watch her. It is important that you invest the amount of money you can afford to lose.
copper member
Activity: 648
Merit: 159
Don't put your all funds to one coin, just split them. I suggest you to split to top 50 coin on CMC and use Money Management as well.
For example you have $1000, then you buy 10 coins like btc, eth, xrp, and etc with $100 each other, so you have many chance to get profit.
member
Activity: 308
Merit: 15
I don't think it's a good opinion to put all investment in just a single asset while there are so many out there which you can still believe in base on their used case and the likes. It's only a fool that would put all Eggs in a single basket while many baskets are available and empty. Just my opinion
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