Post
Topic
Board Speculation (Altcoins)
Re: invest only in bitcoin?
by
wxa7115
on 24/04/2018, 21:21:47 UTC
Hello,

A question of a beginner, I read several articles that say better invest in bitcoin only (most of articles are from 2015-2016), but as bitcoin exceeds now $2500, I do not know if this rule still holds.

I want to invest a lot of money (let's say $3000), but I do not know if I have to invest only in bitcoin or other alcoins? What do you recommend?

Thank you
At the end it is up to each user to decide whether they want to invest all their money in bitcoin or to try to diversify their investments, investing only in bitcoin is a good choice but it's one that is not going to give you as much profits as if you diversify your investments, the only problem with diversifying your investments is that is going to be more difficult to track how all your coins are doing.
split our money to some portofolio invesment could make us avoid big loss.put you money into some basket,it looks like say to us to invest not in only one asset.when it being scammed , all money will be gone
Investing all your money in bitcoin is an option it is not the one that gives you the best profits but it still can give you some, but investing all your money in an altcoin is a lot more risky even investing all your money in a coin like ethereum is not a good idea but if what you are planning is to invest all your money in a coin that no one knows and that is relatively new you are most likely going to lose your money.