Post
Topic
Board Altcoin Discussion
Re: Should We Diversify Our Investments?
by
GNEagle
on 02/11/2018, 04:57:48 UTC
Common wisdom for new investors is always of the 'don't put all your eggs in one basket' type. Don't invest all your investment capital in one company. Diversify so that at least if  one investment fails, the other will carry you through. Is there a similar type of advice for crypto currency investors? Is it better to concentrate on investment in just one crypto currency? Or should we diversify? I would love to know what others have to say about this.

I'm with diversifying your investment, and specifically in the cryptocurrency market with bear flag up, your investment may go down by 90% and you should be ready for everything.