Post
Topic
Board Altcoin Discussion
Re: If you had to 100% invest into 1 alt coin, which would it be?
by
dumplingsandsushi
on 16/01/2019, 00:19:09 UTC
I would choose...MORE THAN ONE COIN!

I guess these questions are fun, but really, investing in just one thing has always been the worst idea in the whole world.
Time and time again it has proven that you will most likely lose money by putting all your money in one basket.
This is true in other markets as well as crypto.
With so much evidence and examples backing this up, only an uneducated fool would do that.

With crypto, it is easy to dream big.
People often think, "If I just would have bought btc five years ago, I would be rich!"
So they think that if they can just find that one lucky altcoin they will be millionares in a year or two.

This is basically gambling, saying, "If I just bought the right lottery ticket!"
It is always better to diversify, not just to reduce risk but to maximise profits.