Ninjastic
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Board Speculation (Altcoins)
Re: All my money in 1 altcoin - Too risky?
by
poncik
on 25/08/2018, 23:08:08 UTC
Quote from: chuyengia2244 on August 25, 2018, 03:06:18 AM
Quote from: poncik on August 24, 2018, 11:47:18 PM
Quote from: Gamakazzu on December 25, 2017, 03:41:00 PM
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.

I think a lot of altcoins are more reassuring but an altcoin is not too risky. In green markets, almost all altcoins will increase except for shitcoin, ETH is the only option is very good that you can invest.


In my opinion, the current market is not suitable to try to find a new ICO coin for now. I think traders should use this low prices and make the best choices.