Post
Topic
Board Speculation (Altcoins)
Re: All my money in 1 altcoin - Too risky?
by
PhantomJ
on 22/05/2018, 16:50:58 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
It is very risky. I wish I could take same risk. It will make you impossible to cut losses as you will cut everything at once in one coin. I prefer to diversify in 2-5 coins.