Topic: How safe is it to put everything in one cryptocurrency? - page 3. (Read 3727 times)
Well, of course it is best to divide your money and buy some coins. This will greatly reduce your risks. But if you are very confident in that coin, you can try to invest in it all the money. This will help you to get more profit, but in this case there is a very big risk, you can lose everything.
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?
Spreading your portfolio is the best thing you can ever do for the money invested. I can help you absorb the losses in case the price of one of the coins drops. It can also be good in the even that one coin raises in price more than the others 
It is always advisable to diversify your investment in different coins to reduce the risk because of the market volatility any coins are not safe. Gaining profits nowadays is really hard if you just focus your investment in one coin.
I think it is a better idea to divide your investments into many other coins, it's not really good to put all your eggs in one big basket, anything could happen and if anything bad happens, you gonna lose all the coins, so it's good to diversify
It is true. Prices move out of control, even though a deep analysis has been carried out. Moreover, the market situation is saturated like this, many traps, and very risky. It's good to wait and see, don't just put your funds in one coin or token, prepare plan B by using a reserve fund.
Obviously, it will be a completely wrong move to put all ones investments on one or two cryptocurrencies. This is because those two could fail terribly leaving you with not just a long face but a demoralised spirit. What I do is, consider some very good projects from their market capitalization and product offering as well as team and then divide my capital accordingly, giving more preference and investments to which project I find most likely to do well. I do that for 10 to 15 projects and keep cashing in them as they all appreciate. The truth is, it's always risky to place all your capital in any form of investments. This is because, all investments are potentially risky.
I think it is a better idea to divide your investments into many other coins, it's not really good to put all your eggs in one big basket, anything could happen and if anything bad happens, you gonna lose all the coins, so it's good to diversify
I do daily trading and taking a single coin with the whole investment can lead to bad results. Share the most profitable choice portfolio in a few coins
It is not very safe but now most of the coins are falling and if you choose a more stable coin, you can save your deposit now due to the market situation 
I think this is not a good idea. Investing all money in one cryoto is very risky. You should invest in different coin/token. If you loss your money in one project the another one will help you to recover it. I will recommend you to invest partially in top 20 crypto from CMC.
You right, should have the money invested in several coins that have good ratings on Coinmarketcap, I have suffered a great loss due to investing with large funds on one coin so I gave a better direction to choose several coins to avoid the loss if one coin experienced drastic decline.
If you are 100% sure of the potential of the coin your investing then go ahead. But right now, it is very hard to predict the potential of crypto. I would still suggest diversifying as an investment strategy even when the market goes high or low.
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 think you should not focus on investing in one or two types of crypto, because if we cannot choose the right coin to be used as an investment asset the coin may lose its value or have no price at all. however, if the type of coin we choose has a good future, choosing one or two types of coins to be used as investment assets is the safest way to do it first to start investing in cryptocurrency.Therefore, doing research first on the coins we will choose is highly recommended so that the investments we make can be useful in the future
I think this is not a good idea. Investing all money in one cryoto is very risky. You should invest in different coin/token. If you loss your money in one project the another one will help you to recover it. I will recommend you to invest partially in top 20 crypto from CMC.
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?
THis is the most stupid thing a trader and investors might do,to put everything in single cryptocurrency because in this community diversification is one of the best strategy if we awanted to succeed and practically wise that if we diversified rhe option of gaining is much easier than in single investing this is what i learn from my experiences in this community
In me is probably screaming my education is economic , but it does not allow me to imagine a situation where I would have invested all in 1 project.
It is safe if you choose bitcoin,maybe it is still ok for etherium or litecoin but I wouldn't do it with other cryptocurrencies,too risky ,diversification is still the safest way to save at least a big part of your deposit in case of a negative scenario.
It is not safe it all, because if you would make a mistake by your investigation or prediction, you will lose a lot of money. Try to find at least 10 crypto currencies and invest an equal part in each coin to diversify your portfolio.
Of course not. This is contrary to one of the main rules of investment. You can never invest all your money in one asset. You should always reduce your risks when investing.
I think putting your all eggs in one basket is not at all safe. We have to invest in different cryptocurrencies, not in only one. If one fails to gain the value then rest of cryptos will help you to generate profit.
Its totally not safe. You can earn crayz money but you can lose same amount of money too. Allways split your bags.
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 think it depend on the coin you are investing. For instance, coins like Ripple are safe to invest in.
XRP is yet another powerful option that many people are not aware of. According to the official data, it’s the third biggest cryptocurrency right after Bitcoin and Ethereum so, as you can expect, it’s a pretty good solution.
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