Topic: Should We Diversify Our Investments? - page 5. (Read 1460 times)
Do it the crypto value is fluctuative the important thing is diversification,the difference in products makes investors more able to research which products will make it get the benefits as well they definitely get.
Of course! This rule does not apply only to cryptocurrencies, I mean that investors investing into many stocks, bonds, gold and so on to cover all sectors.
So if you want to invest into crypto - buy Bitcoin, other promising altcoins and rest money invest into classic market.
So if you want to invest into crypto - buy Bitcoin, other promising altcoins and rest money invest into classic market.
I agree! Most people here thinking about investments represent different coins, while the crypto market itself is also a sphere for investment, and I would diversify part of the funds into other areas of the classical market.
Definitely. The fact is that when you don't diversify your investments, you will loose more. I mean that every coin has different chance to grow. Sometimes, the coins will give you big profits but sometimes they drop drastically. That is why it is better for us to diversify our investment. It will minimize our risk of losing money and enlarging the chance to get profits from several coins.
Diversification has enormous benefits although it has its accompanying risks too. Instead putting all your eggs in one basket when you diverse your risks become minimal.
I believe that the diversification strategy works in almost all areas. This is very important when investing in anything. Especially in crypto currencies. Crypto this is not a lottery where everything depends on your luck. Here you need to develop a win-win strategy to achieve a good result.
Should be there! You should diversify your investment in the electronic money market. So you can make a lot of money in the money market without fear of losing money. I also need to change the e-money investment strategy to suit the overall situation of the market.
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.
yes, we must diversify our investments to minimize the risk of investments,,
imagine if we only invest in one cryptocurrencies,, then our investments assets is down harder,, we will lost a our money my friend
diversify certainly also reduces risk in our portfolio, putting investment in one part is not a good thing, especially in cryptocurrency. better to get a little profit but continuously. When trading, one day we lose, and one day we win. what's important is what and how our strategy is to reduce the risk of losing it
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.
Diversification in terms of financial sector, like real estate, stocks and other market capitalisations. Follow the concentrated strategy that you study some crypto and only pick less than 3-5 of them to invest in if you're the fundamentalist person that hold the project in longer term. In short diversify in different sectors and not in one field like buying the top 10 only. That's security that is really not applicable in crypto space coz of the volatility.
I think it is very good to have several investments
It’s called precautionary trading in my dictionary
But it is still important to buy series of important tokens
Else all tokens ends up as loss
It’s called precautionary trading in my dictionary
But it is still important to buy series of important tokens
Else all tokens ends up as loss
Diversification is indeed a good way to stop bigger losses happening (though you can still lose big if the market takes a bearish turn). You have to remember though that taking too many coins to your portfolio means less attention to news and facts. You just will not have enough time.
Diversification is the thing that once saved me from a terrible mistake, I wanted to invest all my money in a project that eventually turned out to be a scam. Only this rule saved me and my funds.
Of course, but its a prerogative for every investor. Its a general advice that diversification is a matter of safe keeping your invested money to avoid any such big loss of investments, just think it clearly that almost all investors suggested to diversify, that means it is based on their experienced.
Of course now we can create the extended investment portfolio, over time, with the exception of a failed investment, which obviously will not give income in the future. It's harder than it looks. Personally, I decided to slowly buy a variety of coins, when they once again sink to the bottom.
Diversifying is one of the key in making profits and avoiding the major loss, YES and its a recommended one, even in crypto world, we need to determined which coins is best to invest in, and put our money to them not just one coin but many. I agree definitely that its a must.
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.
Diversify would be always the best choice and as long you do have the money to invest on then i suggest its better to scattered your investment rather than focusing or getting all in on a single coin or investment and as being said you wont really get the chance to recover losses if you have failed on your main investment unlike if you do have other you still have the options for recovery.Some people do have the capability since they do have the money but most of the time people doesnt have much money to spent on.
If you have a choice between equal assets it's wise to differentiate. For example if you are holding gold it's wise to get some silver, maybe some gold and silver coins too because they will have collectors value even when the metal loses some. In cryptocurrencies most are not equal. If you have BItcoin it's unwise to sell it to get some BCH and diversify this way. Most coins depend on Bitcoin so just hold Bitcoin.
Its investment 101 lesson. You should always diversify your investment, otherwise its nothing more than gambling or bet. Smart investors are always diversifies their portfolios.
I like diversification. Yes ı believe we need to choose like 3 or 4 altcoins. Not more than this but we shouldnt invest to one coin with all of our money. 2 or 3 altcoins is best for i think for diversification.
I can be feel more comfortable with that.
I can be feel more comfortable with that.
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.
If you have a lot of capital then it is advisable to diversify your investment. But like me who only has $500 of investment I just put it in one investment.
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