Topic: Should We Diversify Our Investments? - page 6. (Read 1444 times)
The more the merrier, that has always been my motto, I prefer diversifying my portfolio but I always make sure that Bitcoin, Ethereum and EOS are dominating the portfolio, these are three projects I believe in.
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.
Most investors diversify their investments because of the market risk. Cryptocurrency market is risky since crypto demand and price is volatile. By diversification of investment, you can somehow lessen the risk on losing your money if ever the one of your investment's price drops.
Diversification is the number one rule. You always need to diversificate everything and in the best case among different branches. So if you invested 50 percents of your savings in crypto, invest the other in the stock 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.
Actually, you do not have to follow such advice, because crypto investment is an absolute decision for you. Every coin or token has a development team, and they have their own way of increasing the value of their coin exchange. So I think when you make a decision you must be prepared for all the risks.
yes, we have to diversify the investment product or portfolio that we will choose, it is important to make technical analysis and predict it in the future
If you see the crypto currency market I'm not sure about that, every altcoin price are very dependent on the price of bitcoin even though there are only a few that don't follow but most of the altcoin prices follow the price of bitcoin. For this reason, it is very useless if you divide your capital to choose bitcoin and altcoin, you simply choose bitcoin to invest. But if you choose altcoin to invest, I think deversify can function as long as you can find altcoins that don't follow the price of bitcoin.
You are right about that, it's even more better to invest in other things other than cryptos, if you make money in cryptos you can invest in other things that is not crypto related so that if anything happens you will have where to relay on.
No matter how many baskets full of eggs you may have, you must be able to take control of every one of them. As long as you feel you can do it, you can add coins one by one in your portfolio)
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 its better to diversify cryptocurrency portfolio to be on safer side and to don't miss chance of gain from other coins. Diversify your portfolio in altcoins which are offering blockchain infrastructures & are comepetitors of ethereum blockchains like TRON, ADA, ZIL, EOS, NEO, XLM and also you can choose other altcoins too based on the market conditions. But investments in blockchain infrastructure projects have always been very less riskier as compare to other altcoins.
The rule applies to crypto too as it is also seen as a form of investment. There are tons of shitcoins out there and it is hard to predict those that will yield good profit over time. Best thing is to diversify and spread your investments across different good coins so that if one fails, you can rely on others.
It is necessary to diversify risks in the market if you do not do this, you can lose everything. Never invest all your money in one coin. Distribute the Deposit ! I was already mistaken and when I started to diversify investments to me there was a profit !
I believe that the diversification of risks in the investment market is an integral part of the work as your job is to increase profits through investment. You should always allocate roads for investment !
Diversification - it is the main rule in crypto sphere, for example in trading, holding, or something else. Don't put all eggs in one basket (don't buy one asset at all money you have).
Of course, you need to diversify your funds because you cannot be sure that this or that coin will grow. I would prefer to keep 30 percent still in Fiat
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 we need to diversify as we have many good currency to consider. It's a volatile market and we can't predict if your single investment will always give you profits. Better to have at least 5 good currency that has good team and community to have a better chances in getting our profits.
A lot in crypto market applies to you based on what exactly you want to achieve? Even with so much vulnerability and volatility, you will find people investing their full time to this market.
So you first and foremost need to underline, how much time and money you can afford to invest in crypto market?
Then you must do a thorough research and outline your favorite coins and projects. Read as much as you can and decide your stakes.
Thumb rule is to never put everything in one basket.
So you first and foremost need to underline, how much time and money you can afford to invest in crypto market?
Then you must do a thorough research and outline your favorite coins and projects. Read as much as you can and decide your stakes.
Thumb rule is to never put everything in one basket.
ofcourse diversify!
Some stockmarket, some bonds, some crypto. In whatever percentage is suitable for you. Only you can know..
There is a lot of good reads about this subject. Take some time for it.
Some stockmarket, some bonds, some crypto. In whatever percentage is suitable for you. Only you can know..
There is a lot of good reads about this subject. Take some time for 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.
I believe we should diversify so that we can avoid being lost all our investment in one coin. If you diversify, when one coin lost its value we still have other coin to look to avoid losing all. We cannot fail in all. full member
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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.
You will never succeed if you just focus on investing in an altcoin. And your risk of loss is high if you only invest in an altcoin. In all areas are the same, Do not invest in one place, Please share the appropriate ratio in the crypto market, invest at least 3-5 altcoin
Yes, I do think it is important to diversify our investments. In my case, I hold crypto coins and stocks. IMO, it is good to hold crypto coins that have potential to grow. So it is difficult to determine the number of different coins to invest in.
diversify our portofolio is way to avoid suffering big loss.what will we do if our cryptocurrency suddenly banned and we couldnot sell it at all.off course our money gone.its different if we split into several place. Jump to: