Post
Topic
Board Altcoin Discussion
Re: Do you use diversification?
by
legenduim
on 27/11/2018, 15:56:02 UTC
For example, you have some altcoin (in my case it's Metaverse ETP) and you expect it to grow. But in a weak market, this altcoin behaves like bull and you have the opportunity now to sell it and buy an asset that looks weak in the market (for example Qash, Tierion, Nem, Odyssey or Republic Protocol) in order to get the greatest possible profit. Or leave a strong asset and wait for its further growth. What do you think about this?

if at this time you buy a coin, sell the coin, then replace it with a good coin like nem, you will be able to profit when you buy good coins

Now the biggest part of my savings represented by Ethereum coins. But I see clearly the use of diversification. This principle makes our investments safer. Putting money into different pockets we making investing process less risky.