Post
Topic
Board Altcoin Discussion
Re: How safe is it to put everything in one cryptocurrency?
by
deguzmanwacky
on 02/12/2018, 13:21:28 UTC
Obviously it isn't safe. You can earn a lot if that specific coin/token booms but very risky too. The market obviously is unstable and unpredictable. It is always better to spread your money in different currencies and spread market risks so if one fails, you have more. Unlike when you invest into only one, if that fails, you lose everything. And a good investor wouldn't do such. Be wise.