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 would say a more diverse portofolio can give you more chances for profit. Having more than 1 altocoin would increase your chances of getting profit. if you already have some altcoins, then yes, it can be a good idea to invest only in some other alcoin