Post
Topic
Board Speculation (Altcoins)
Re: All my money in 1 altcoin - Too risky?
by
Lacettivod
on 19/06/2018, 18:47:42 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
The first rule of trading-do not keep all the eggs in one basket! This also applies to cryptocurrency. If you have 2 - 3 different coins, you will get freedom of action. When 1 coin goes down, others can grow...