Post
Topic
Board Speculation (Altcoins)
Re: All my money in 1 altcoin - Too risky?
by
mpeis007
on 20/04/2018, 07:31:51 UTC
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
Just put all 500$ in an exchange that carries a nice variety of tokens ( kucoin or binance  for instance ) and diversify in 3-5 coins. All in on just one coin is asking for trouble.