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 believe yes, it would be too risky for you to try since you are entrusting your earnings in a single altcoin. What if it fails? You might lose all your money as well. You better look for another altcoins to invest with or try to find another remedy just to assure that you'll still gain anything.