Post
Topic
Board Trading Discussion
Re: Minimizing the risk- How much possible it is?
by
Coyster
on 27/01/2020, 22:40:43 UTC
Are we safe to say investing on both these coins are minimizing the risk
No, with my understanding of trading, investing in two altcoins isn't minimizing the risk, you can research on two altcoins and yet they turn out to be shitcoins. Investing in many altcoins raises the risk of losses because I don't trust altcoins diversification as they are so many and you cannot pick out the one that will be the right one for your investment plans.
I have got this site providing correlation of different altcoin against bitcoin- https://coinpredictor.io/altcoins
Can this site be trusted, do you think a trader can invest based on their predictions?