It is not safe to put all your investment in one cryptocurrency because of the risk involve in cryptocurrency investments. The best thing to do is to invest in multiple currencies say 5 so as to reduce losses in investing in one currency should anything go wrong
Then how do you know that thecurrency will grow and will surely give profit?Sometimes investing in many coins may bring us lower chance of gaining.for me two of three coins is enough for holding so one may give us higher earning.this calls diversification a strategy that brings less losses to investorsIf not for recently that I just decided to be holding pretty few altcoins at least, to some little bit of amount in some of them, I have never really considered altcoins as an option due to their pump and dump trend and to me, when it comes to long term hold, except for few of them, they are really not that something you will want to be putting all your mind into.
Unlike bitcoin, this is a market that has been in an uptrend right from the onset, and I want to believe this is one market I am so certain no matter how long you want to hold, you won't regret it. Not like I do not like the idea of altcoins, but at least, you can still be putting your funds in a market such as bitcoin and forgetting the rest.
