Quote from: MirkoIta on August 02, 2018, 10:11:46 AM

Quote from: aleksnutis on August 02, 2018, 09:51:17 AM

For example, you have some altcoin (in my case it's Metaverse ETP) and you expect it to grow. But in a weak market, this altcoin behaves like bull and you have the opportunity now to sell it and buy an asset that looks weak in the market (for example Qash, Tierion, Nem, Odyssey or Republic Protocol) in order to get the greatest possible profit. Or leave a strong asset and wait for its further growth. What do you think about this?

It depends a lot on your strategy but investing everything on a single coin/asset/stock can be a lot rewarding but you also risk to lose everything on a single trade. What I've learn in these years is that diversification and money management are the most important things in trading, unless you have access to insider infos which nobody else has access to.

I think the risk to lose everything is higher in proportion to gaining in this context. It can lead to instant death.. Hahaha.. But how can one even think that? Diversification is just the key.