Post
Topic
Board Speculation (Altcoins)
Re: All my money in 1 altcoin - Too risky?
by
Dobriy 4el
on 19/08/2018, 16:24:00 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
you should never put all sum in one coin!!! Even if she is good, then it doesn't mean that it with guarantee will make for you good profit. Study the market, any skilled investor doesn't put all sum in one project. The sum of profit of several projects is always higher. And if the project nrogarit, then you will lose only a part of money