Quote from: Proximity Scan on December 25, 2017, 03:52:18 PM

Quote from: Gamakazzu on December 25, 2017, 03:41:00 PM

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.

and we can conclude that it is too risky... cryptos are volatile, so it is better to invest on some good coins, than put all of your money into 1 ~