Quote from: imdabest239 on December 25, 2017, 04:48:50 PM

Quote from: Alcarin on December 25, 2017, 04:45:11 PM

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

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.

There is nothing dumb here.

If you start small you play small that's it.
Then you learn, earn more and things will get bigger naturally.

I you do otherwise you are exposed to lose everything quickly.

What would be dumb would be going all in and experiencing a massive dump on the coin you bet.
What do you do next, when your balance is reduced to 15% of what you had first?

Diversification is key in order to reduce risks