Post
Topic
Board Speculation (Altcoins)
Re: All my money in 1 altcoin - Too risky?
by
tadpole_bitfrog
on 05/09/2018, 04:50:29 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 do not think it would be dangerous if you believed it. You will get great profit in the future if you think it increases. But to prevent danger, you should place orders against holes. That command will be great for you if your altcoin value goes down and you will not have to worry too much about it.