Post
Topic
Board Economics
Re: Diversify Investments
by
alibaba93
on 19/08/2018, 23:41:11 UTC
Usually they recommend you to diversify your investment, so you avoid losses.

But as a real approach, having $1.5k, would you invest in how many cryptocurrencies ?

What if I invest little by little, only in Bitcoin, would that work as well ?
I think that the crypto market is volatile and is in the bearish trend in the long run so trading is very difficult at this moment. Therefore, I think that at this point you should only invest and trade bitcoin in order to minimize risk. Bitcoin prices will be flat but we are seeing a slight uptrend so I think that at this point you should stay out and watch the market buy bitcoin at $ 5100.