Post
Topic
Board Speculation (Altcoins)
Re: All my money in 1 altcoin - Too risky?
by
imdabest239
on 25/12/2017, 16:48:50 UTC
Nah, diversification should start if you have 1.000$+ to spend currently...
Its no point throwing a couple of $ in each coin...
around 300$ should be the lowest investment in a coin... that way atleast you make 300$ if it doubles... making 50$, is better of working for it Smiley

It is true, most people who are diversifying $75 or $50 in a few altcoins are pretty dumb, how the fuck are they going to buy fifty bucks of a coin? It is useless,  if the coin goes x2, it will only give you $50 of profit = nothing.