Topic: Should We Diversify Our Investments? (Read 1460 times)
Yes, diversity is a good idea but we should not over diversify because its might also leads to loosing all at the same time. Be wise when trading cryptocurrency.
Investing in one coin is too risky. I would not recommend. It is better to collect a portfolio of several coins.
Common wisdom for new investors is always of the 'don't put all your eggs in one basket' type. Don't invest all your investment capital in one company. Diversify so that at least if one investment fails, the other will carry you through. Is there a similar type of advice for crypto currency investors? Is it better to concentrate on investment in just one crypto currency? Or should we diversify? I would love to know what others have to say about this.
This is the right recommendation for both beginners and experienced investors. It is necessary to have several different projects in which you are ready to invest, it is impossible to know exactly which of the projects will give the maximum profit, so you have to be careful when choosing projects.
Yes today need to think about diversify investments not between couple of blockchains, but in crypto and other fields.
New tagline: dont invest all in crypto
New tagline: dont invest all in crypto
Diversification is for those who really do not know what they are doing and where their investment is heading. There is an inherent risk in all investment endavour, the most important task is to know how to manage the risk and invest for maximum profit!
Always. It's better if you diversify in assets that don't directly affect each other, for example, cryptocurrency and real estate.
I my opinion, investing in several different coins is good investment to make, I think it would be safer than put them in a single coins that we don't really know about it's future.
Yes. It makes sense to have multiple investment than going all in on one project or coin. A lone investment fails and everything falls down while having multiple investments give us the ability to sell anytime we want to and it also gives us a choice if its for long term or short term hodl.
have a wide net can also be a good thing to get more profit. but perhaps it would be better to focus on just one coin is believed to be sufficient. Indeed at risk but also relies on the ability of each. indeed works well for security but should focus on many coins that there is not a good thing to do.
Common wisdom for new investors is always of the 'don't put all your eggs in one basket' type. Don't invest all your investment capital in one company. Diversify so that at least if one investment fails, the other will carry you through. Is there a similar type of advice for crypto currency investors? Is it better to concentrate on investment in just one crypto currency? Or should we diversify? I would love to know what others have to say about this.
That is a good way of thinking, I'm also doing that kind of investment, make some investment in several different coins/project.It's to keep our fund safe, what i think is, when ever one coin could generate more profit and the other doesn't, then it could fill a space if there is a loss in another investment.
Diversification is a good strategy in the money market as you don't know the market behavior and if you diversify your investments and your some investments go negative but some can also give you positive results.
Common wisdom for new investors is always of the 'don't put all your eggs in one basket' type. Don't invest all your investment capital in one company. Diversify so that at least if one investment fails, the other will carry you through. Is there a similar type of advice for crypto currency investors? Is it better to concentrate on investment in just one crypto currency? Or should we diversify? I would love to know what others have to say about this.
It is always better to diversify when you are investing that is as volatile as cryptocurrencies. There is never any way to tell how the coins are going to turn out or if they are going to end up doing well so you mitigate the amount of risks you are taking by investing into other projects which would be to break your fall in case one project does not work out
If you are an investor then you certainly are required to comply with the rules of investment and needs to diversify to stay with 0 balance if you will diversifitsirovat then you will earn
Common wisdom for new investors is always of the 'don't put all your eggs in one basket' type. Don't invest all your investment capital in one company. Diversify so that at least if one investment fails, the other will carry you through. Is there a similar type of advice for crypto currency investors? Is it better to concentrate on investment in just one crypto currency? Or should we diversify? I would love to know what others have to say about this.
I suggest that you keep investing in one basket, but you have to choose coins that are potentially like eth or bitcoin. this will make you make minimizing losses
There may be a lot of opinions on that score and most likely they will turn out to be very different, for example, I think that you should never blindly follow someone’s advice, you should always have your own strategy and your own way of working, if you are sure that asset which you invest in, then you can easily invest more than half of your money in it. And it will be fine.
Common wisdom for new investors is always of the 'don't put all your eggs in one basket' type. Don't invest all your investment capital in one company. Diversify so that at least if one investment fails, the other will carry you through. Is there a similar type of advice for crypto currency investors? Is it better to concentrate on investment in just one crypto currency? Or should we diversify? I would love to know what others have to say about this.
I think it's actually related to the amount of investment. If you have a nice amount of btc in your hand, it will be very healthy to diversify. It will help you minimize damage. On the other hand, small amount of investment will prevent you from rising too quickly.
Diversification in investments is the best option in the capital market if you diversify your investments and your one coin fall but other can give you profit so diversification is always good to make money.
This approach is a necessary thing, so we can really save our money and make a profit!
Diversify your investment to get more returns. If you have any amount in your wallet, split it even for a five split and choose wisely on buying coins which you prefer. And believe me, it is difficult, but when you get lucky, you reap lucky.
Crypto isn't really that much different than traditional investment.
I guess the big difference is that it is a young market and so there is a lot of volatility.
But the same rules of economics and supply and demand apply.
There is another reason why diversifying your portfolio is beneficial.
It not only lowers your risk it gives you opportunities to take advantage of certain niche markets.
For example, in the crypto world, there have been times when certain types of coins have done exceptionally well.
During last bull run, privacy coins performed amazing.
And for most of the year, smart contract platforms have done well.
Now, we are saying stable coins doing well (tether).
I guess the big difference is that it is a young market and so there is a lot of volatility.
But the same rules of economics and supply and demand apply.
There is another reason why diversifying your portfolio is beneficial.
It not only lowers your risk it gives you opportunities to take advantage of certain niche markets.
For example, in the crypto world, there have been times when certain types of coins have done exceptionally well.
During last bull run, privacy coins performed amazing.
And for most of the year, smart contract platforms have done well.
Now, we are saying stable coins doing well (tether).
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