Quote from: Gudhal Untu on May 17, 2018, 10:37:59 PM

Quote from: greed001 on February 02, 2018, 01:25:35 AM

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

Before you make an investment of course the most important thing is to understand with all things, as we know that investment cryptocurrency is very risky so if you invest in crypto then you must be ready to lose even up to 100%.

I wish to know as well why exactly did the value of his investments went down so much. From this scenario, what I can conclude is that Bitcoin is as risky or probably even riskier than Forex. These are both investments in which you bet on the differences on volatility of the cryptocurrency. I may be wrong but as far as I know they're really both similar. I have to read more to understand better. I think another reason why Bitcoin is more risky, is that the Forex is highly regulated by the government, unlike the cryptocurrency.