Post
Topic
Board Speculation (Altcoins)
Re: All my money in 1 altcoin - Too risky?
by
Bybox
on 20/06/2018, 14:11:44 UTC
Yes, investing all your money in a cryptocurrency is very risky, so many people here are recommending new investors to diversify the crypto portfolio to reduce risk. You can make a lot of money by investing in a cryptocurrency if your prediction is correct, but you will lose a lot of money if it's wrong because your cryptocurrency is a scam project or has been hacked. I think you still earn a lot of money if your portfolio is good and have promising crypto.