Quote from: crzy on December 17, 2017, 01:44:34 PM

Quote from: Bybox on December 16, 2017, 03:22:51 PM

Diversify your investment to reduce your risk , don't put all your saving in stock or cryptocurrency. I think you should add some promising cryptocurrencies like Bitcoin, Ethereum and Ripple to your portfolio since they are very well know cryptocurrencies. you can be millionnaire if you pick the right cryptocurrency since x10 is nothing in cryptoworld but remember only invest in altcoin with high liquidity so you can cashout easily. When it comes to storing your cryptocurrencies, you need to store your erc20 and Bitcoin tokens in a hardware wallet.

Diversification is a game changer and that can save you from loosing money. Putting your savings in cryptocurrency is really a good decision but learn to spread it. Invest and hodl good coins so you can have your profit in the future.

We all know that it is always risky to place all your eggs in one basket. This increases your chances of going into loss that too some big loss. Diversification is kind of backup plans, if the plan A fails, you can go for plan B and so on. Among digital currencies, the first choice should be bitcoin and after that you may go for certain altcoins such as neo, waves, litecoin etc. because they have good market as well.