Post
Topic
Board Speculation (Altcoins)
Re: All my money in 1 altcoin - Too risky?
by
poncik
on 24/08/2018, 23:47:18 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

I think investing in 3 or 4 oins is a very good idea, if you are a cryptocurrency investor. Because I think investing in 1 coin can give you a very big loss therefore I think diversifying is very necessary.