Post
Topic
Board Economics
Re: Diversify Investments
by
IanKaramazov
on 02/09/2018, 20:40:00 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 would say around 3~4 coins.
I dont like investing with a small amount like 100 or 200. Since they dont make any significant profits for me.
For example, say I invested in btc and it went up 10% I would only earn 10 bucks. Thats why I choose to invest about $500 for each investment.