Post
Topic
Board Economics
Re: I have 12 BTC in my Account, How should I invest this??
by
Sled
on 26/11/2017, 04:26:59 UTC
Advice, tips, speculation please.

My advice is to divide it. If you really want to invest them, then don’t just look at one investment. It is a rule in investment to not invest all, that way when it fails you’ll still have some that might succeed. It will increase the probability of success and earnigs.
But the problem with that strategy when it comes to cryptocurrencies is that if you invest in other projects other than bitcoin you are not reducing your risk in fact your risk is going up, this is why many people prefer to not invest in any other coins other than bitcoin and I cannot blame them especially if we look at all the scams going on the forum.
It will only make the risk go up if you will not invest in the projects or coins that has a good fundamentals and that is when the research will takes place. If you really want to reduce the risk by diversifying then you need to make a good research to find out what are the coins that are good to invest in and why it is necessary to diversify.