All my money in 1 altcoin - Too risky?

[xiaoqiang222]

It is too risky to invest all of your money in one currency, and it is likely to lose the 500$. So, let's disperse the funds. Since you only have $500, you can split them into two parts and buy two coins that you think are worth investing.

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[ngocdhbk2]

In my opinion you should not invest all your money into an Altcoin because when the market volatility Altcoin that is difficult will not be able to prevent the risk. Investing in Bitcoin is not as easy as Bitcoin decides to go to the Altcoins. Although you only have $ 500, we must consider it sothat we can't Mistakes and consequences.

[@hosimanaka]

If you can not analyze the coins well, then choose a coin that is ETH, or BTC to hold, because in the short term, the price of these coins will grow sharply, may be a Very good time

[larryjack]

Investing in electronic money is a risky investment, so you should not leave eggs in the same basket. Break that and invest in some of your potential coin. Invest in the money you can lose.

[Bohdan98]

I would recommend joining the project Tradelize. There are a lot of crypto market participants who will greatly welcome the opportunity to use a professional toolkit, which is based on mature market strategies and which gives regular people

[crazylikeafox]

investing in one altcoin is too risky specially on how the market is doing right now, the market is facing a huge dip this year and there are many speculations that it can only recover after a year or two. that is why it is much better for you to divide your investment and save some for your daily needs, if you still want to invest in one altcoin then better for you to do long term investment.

[Doovla]

Generaly investing in any project it requires some risk but i would advice you with that kind of amount to invest in ethereum. Specialy now when it cannot be lower any time soon.

[dulinivanrus]

I tried many times to do so and it very rarely turned out to be the right decision. It would be better to keep your Deposit of different coins and, in particular, in USDT.

[A$$bandit]

A while back ago I got into PRINTEX it was pow and now is pos/masternode I have to say i am very impressed with the direction this coin is going. They are unifying Blockchain with the printing industry and making easy for people to order and customize their gear [t-shirts, hats, sweaters etc.] and are also working on releasing a 3D printing platform. Currently 64 day ROI!!! and price for a node at a great entry price. check them out for yourself!


website: http://website.printex.tech/

discord link: https://discord.gg/gfNZTQt

Masternodes online: https://masternodes.online/currencies/PRTX/

[Darkdragonzzz]

Yes it is very risky. I do not recommend you do this, because you can badly suffer from such investments. Divide your capital into several parts and invest in different coins.

[ekowkow]

I think if you invest your money in only one altcoin, it doesn't have a bigger and heavier risk. It's just an opportunity to get less profit, but by investing in 1 altcoin, it's very easy for us to review price movements. And we can focus on analyzing 1 altcoin.

[ObroQ]

Hi,
the altocoin market is so variuous and there are dozen of interesting projects that can be supported.

But  i'm a little investor (500$) and i'm seriously thinking to put all my money in only 1 project I think is very good which curretly is in the top 40 of altcoins. I don't want to say the name because my topic wants to be very general: what do you think is the risk  by doing so? Should I invest in 2 or 3 coins instead?

Thanks

I would say a more diverse portofolio can give you more chances for profit. Having more than 1 altocoin would increase your chances of getting profit. if you already have some altcoins, then yes, it can be a good idea to invest only in some other alcoin

[HungryTigerGrouchyCrotch]

Do you think it's a good thing when you look at unpredictable situation on the market about altcoins? I guess that only certain thing you could say is that Bitcoin will be very high, but altcoins? It's very risky. But the price could earn you more than Bitcoin if all altcoins will be with Bitcoin. So very hard decision for you.

[Athanasios Motok]

Hi,
the altocoin market is so variuous and there are dozen of interesting projects that can be supported.

But  i'm a little investor (500$) and i'm seriously thinking to put all my money in only 1 project I think is very good which curretly is in the top 40 of altcoins. I don't want to say the name because my topic wants to be very general: what do you think is the risk  by doing so? Should I invest in 2 or 3 coins instead?

Thanks

If you have a small amount, you should invest in bitcoin now. And maybe after a while you will have an experience that you can use to buy the right coins. Now please refrain

[EXtremeAEX]

Of course, all the money to invest in one coin is too risky. Don't do this if you really want to earn. It is better to invest in a few coins. But if you just conduct an experiment and you just wonder how it ends, then you can try, maybe you'll be lucky.

[poncik]

Hi,
the altocoin market is so variuous and there are dozen of interesting projects that can be supported.

But  i'm a little investor (500$) and i'm seriously thinking to put all my money in only 1 project I think is very good which curretly is in the top 40 of altcoins. I don't want to say the name because my topic wants to be very general: what do you think is the risk  by doing so? Should I invest in 2 or 3 coins instead?

Thanks

I think investing in 3 or 4 oins is a very good idea, if you are a cryptocurrency investor. Because I think investing in 1 coin can give you a very big loss therefore I think diversifying is very necessary.

I think a lot of altcoins are more reassuring but an altcoin is not too risky. In green markets, almost all altcoins will increase except for shitcoin, ETH is the only option is very good that you can invest.

In my opinion, the current market is not suitable to try to find a new ICO coin for now. I think traders should use this low prices and make the best choices.

[NOTARIUS_BTC]

It is better to buy at least three different cryptocurrencies. And store in them, waiting for the best moment. So many traders advise cryptocurrency.

[Cangkeman Wae]

If you put eggs in one basket then if the basket falls all the eggs will break, with the philosophy we have to be smart in managing money, place money in many places so that if there is a problem then you can still hope from the others.

[catterpillar07]

Yes it is! I would understand you if it btc or eth, but invest all money in altcoin is not smart for me. I just do not understand. Try to invest more than 1, it more safety for you.

[BinManR]

Indeed. Everyone here advises us to diversify our investments. It's crypto, it's safe but there are certain risks around like hacker, scam coin (bitcoinnect, ...). So, be sure the investments are diversified.