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Author Topic: All my money in 1 altcoin - Too risky?  (Read 7661 times)
cunguks
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September 05, 2018, 05:51:14 AM
 #1321

I think if you are sure of one coin, why not, because with you buying only one coin will make you get a lot of profits if you buy with large capital
It would be very nice if this investment meet the goal, but I'm afraid if it doesn't. We would lose our money in a blink of an eye and don't be surprise if that really happens. However, it's a decision he has made, if he choose in only a coin, I'm sure he has thought a lot for this issue.

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September 05, 2018, 09:00:27 AM
 #1322

I think that yes, to keep everything in 1 altcoyne is not a reasonable option, a very high chance to burn out on this
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September 05, 2018, 09:25:34 AM
 #1323

Of course it is. If you are going to invest only in one coin and it will go down with the price you will lose all your precious money!!!

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KyberJaxx
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September 05, 2018, 09:28:46 AM
 #1324

it is better to invest in several different coins and you will not be afraid that you will lose everything if your coin falls in price

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September 06, 2018, 12:27:43 PM
 #1325

The number one mistake of a newbie is picking only one cryptocurrency and investing all his money in it. It will be much better when you take your time to choose at least 10 alts and add them to your portfolio.
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September 06, 2018, 12:39:56 PM
 #1326

Of course it is too risky what if the alt-coin goes down after you put all of your money in it,
Then there wouldn't be a back up plan for you to recover your lost it is better to always look for other alt-coin invest in as much alt-coin that you could.

 
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aragom
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September 06, 2018, 01:41:56 PM
 #1327

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

for now it is not.
if you are in bitcoin with your all money. it is the wisest thing.
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September 06, 2018, 05:52:13 PM
 #1328

On my wallet, with the market of today, all investments have lost more than 80 percent, my patience still allows me to enter the wallet without valerian, but faith is strong! Wink

I think that we are all in the same situation here) But I believe that all will be fine and market will grow soon)
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September 06, 2018, 06:14:32 PM
 #1329

Yes it is. Because you can't keep all eggs in one basket. You should invest in several coins and in this case you won't lose your money if the price will down
Darkdragonzzz
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September 06, 2018, 06:33:54 PM
 #1330

I think investing in one coin is the shortest way to big losses. If you are ready for this, you can invest in one coin.

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arida_ds
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September 07, 2018, 04:19:55 PM
 #1331

It is impractical to invest in one cryptocurrency. All currencies have different growth rates and their own specifics of price formation. It is more profitable to buy several cryptocurrencies. The opportunity to earn at the same time much higher.

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little pig
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September 07, 2018, 04:56:08 PM
 #1332

When you want to buy a coin, find out its foundation, market volatility and total supply, which are available for the future.
if I was you
I will buy $ 200 EOS, $ 150 IOTA, $ 150 ZEC.
You have to choose when to buy and feel the profit can sell it.
If you are a long-term investor. You believe It
Litefoxx1698
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September 07, 2018, 05:29:42 PM
 #1333

It is very risky because if the coin you wil buy will down with it's price you will lose all your money and you won't be able to turn them back!

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September 07, 2018, 05:40:25 PM
 #1334

Of course that it is risky, you may heard many times that do not invest everything what you have into one one coin! This is absolutely the worst thing what can you do. Diversify
, diversify and diversify!

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September 07, 2018, 06:58:41 PM
 #1335

It is the individual question. What altcoin do you invest? If it is something stable and strong in market, will may good chance.

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September 07, 2018, 07:23:08 PM
 #1336

I think that this is a very dangerous strategy. At the moment I prefer to avoid very risky operations and strategies, so I would not do that.
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September 07, 2018, 09:06:32 PM
 #1337

I think that this is a very dangerous strategy. At the moment I prefer to avoid very risky operations and strategies, so I would not do that.
especially if we take into account the current state of the crypto-currency market, then investments in one direction can only lead to negative consequences ...
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September 07, 2018, 09:22:43 PM
 #1338

Maybe back in 2016 to 2017 before the all time high,  investing in one altcoin listed in top 10, such a good idea but now the behavior of crypto is unpredictable it seems a little bad . But if you win, you will win big, if you lose, the you lose big too.
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September 07, 2018, 09:41:45 PM
 #1339

Yes it is true that you invest in one altcoin is to risky.For us what I had experience I'll should invest at less 2-3 altcoins BTC,ETH and NEO.If ever you have a big amount of money to invest you must have at less top five of the market price.
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September 07, 2018, 09:59:56 PM
 #1340

Would be definitely risky. Altcoins on the first place are not best for long term holding so investing only in one altcoin would be nonsense if you are really that into investing. Preferrably, invest on promising newly listed coins because that would be the biggest opportunity especially when the comtinuous increase happened even on one of those coins that you have invested since there are many to choose from.
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