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Re: Help a Beginner to understand...
by
rye18
on 24/05/2018, 15:27:27 UTC

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
Is funny if you put money but you do not understand the risks, the most important thing for financial management is certainly a risk problem, and if you do not understand the risk factors then you like gambling.

Yes, Purchasing cryptocurrency for investment to earn more money its very risky especially for a beginner and your decision in choosing the type of crypto to invest without enough knowledge may harmful to your investment.
You should take a look first of the kind of investment your choosing to avoid any bad decision.