Quote from: JazzCouncil on September 28, 2014, 11:17:17 AM

Quote from: Garryashas on September 27, 2014, 11:23:31 PM

Quote from: JazzCouncil on September 27, 2014, 02:33:29 PM

Quote from: smooth on September 26, 2014, 01:55:21 PM

It's bad luck to sell all in crypto.

Modern economists prefer diversification of their own risk. It's mean that even if they put some money on things that will fail and their money will pass away - they still got something in the pocket.

I think it's wise to diversify your investment portfolio to hedge your funds from fails. But unlike real world in crypto currency world people usually invest in coins with similar features and often the coins with common features are based on one algo.
In the world of fiat if you want to hedge your funds you should invest in different financial instruments most of which are shares of companies from different spheres (communication, oil, airline, etc)

I understand you and I can understand the concept of how algo works but even with the same algo different currencies have the different tend, am I right? Or you can even take some money back and invest it in spheres that you give us here (communication, oil, airline, etc).

TBH, that's disputed issue of the relationship between algo of the coin and trend. Not far to seek is the correlation between Bitcoins and monero - as BTC is going down XMR prices is also going down. At the same time, BCN and Dogecoin have inverse correlation and that's why they are good investments because if you have BTC and price grows than you don't need another coins, but when the price drops you'd better to have coin which doesn't depend on BTC price