Hi,
the altocoin market is so variuous and there are dozen of interesting projects that can be supported.
But i'm a little investor (500$) and i'm seriously thinking to put all my money in only 1 project I think is very good which curretly is in the top 40 of altcoins. I don't want to say the name because my topic wants to be very general: what do you think is the risk by doing so? Should I invest in 2 or 3 coins instead?
Thanks
If you go like that, 3 possibilities come up, consider them on your own:
1-) You will make 10x or 20x return after you go all in.
2-) You will fail hard if the one you invested declined too much.
3-) The price of your coin will stay same and you won't get profit from your investment.