Post
Topic
Board Speculation (Altcoins)
Re: Investing in Alts instead of Bitcoin for far greater returns (or losses)
by
DGulari
on 21/01/2020, 10:56:58 UTC
Not instead but with Bitcoin. Do not go all in on altcoins as you should not also go all in on Bitcoin. This is the best option for me. This is diversification, not putting all your eggs in one basket. Whatever happens to either of the baskets, there is still the other.
Diversification is used when you don't know what you have invested. Instead if diversification, you can maximize the profit by invested more in coin which you think is interesting and promising. Why we need to diversify our money to many altcoins with low amount instead focusing in few altcoin but with higher investment?