Post
Topic
Board Altcoin Discussion
Re: Should We Diversify Our Investments?
by
fortunecrypto
on 07/11/2018, 13:22:36 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 will say the same thing, diversification is very important, in your investment and in your bounty campaign, you never know what will happen if you are going to invest in one coin you could lose all your investment, because you pour it in one coin, whereas if you have diversified some of your coins will make you a profit.