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Author Topic: All my money in 1 altcoin - Too risky?  (Read 7661 times)
aggeyysido
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September 18, 2018, 11:31:19 AM
 #1401

In one cryptocurrency I do not advise to invest all the money. It is better to split the investment and invest in several cryptocurrencies, so you will share the risks.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Banemu
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September 18, 2018, 11:40:04 AM
 #1402

From my experience, I would recommend you split and invest into different coins. I did the same thing years back by investing on one coin and today, it's barely fetching profit. I actually gave up on it last year.


The same theory applies to everything, when you split, even when one source fails, others keep you going.
Sahyadri
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September 18, 2018, 05:32:48 PM
 #1403

Yes, it is risky to invest in single alt coin. Due to extreme volatility you should never invest in single alt coin. Because we can not predict what will be the prices of specific alt coin in future. So first you need to understand the trend & how is works and then invest in alt coins. Rather than Investing in single alt coin you should make balanced portfolio of those alt coins which are less volatile to minimize the risk factor  only then you can get satisfactory ROI.
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September 18, 2018, 06:09:27 PM
 #1404

It is very dangerous to invest a whole investment in one altcoin. Whatever its top 10 coins. Because someone does not say when the price of a coin increases or decreases. You can share some of the tops on your investment by investing in it, one price will decrease and the price of another will be increased parallel, the rest will be your decision.
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September 18, 2018, 06:13:16 PM
 #1405

There is no risk in this, but it can be justified in the best course of events, because many consumers of bitcoin use, but is all the money? This is a big issue that we need to work on.

Tahsin Kabir Kollol
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September 19, 2018, 11:15:37 AM
 #1406

Yes, I think it is too risky to invest all your money in 1 altcoin. Because nobody can surely say what happens in the future. If you invest all of your money in 1 altcoin and the price of the altcoin goes down, your income will totally stop. So invest your money in some main currency so that one coin goes down and the other one goes up. To secure your daily income you should invest your all money in different altcoin.

juragom
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September 19, 2018, 12:31:43 PM
 #1407

In my opinion investing in one place is too risky, there must be diversification. The other side will be profitable so this is the time to make decisions, see the potential and a good future for coins. So, follow your instincts and believe in luck.
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September 19, 2018, 12:35:58 PM
 #1408

Of course all this is a risk, and not only that, the altcoin itself is a big risk when investing in it, and before that probably still worth considering your decisions, it only then begin to act.

Moshi Moshi
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September 19, 2018, 12:37:35 PM
 #1409

it is a very big risk and can also be a big profit opportunity too, because if the price of the coin you are investing rises then the profit will also be large and vice versa, my suggestion if you want to focus on one coin the choice is ethereum or bitcoin.

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sunilnagaraja1996
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September 19, 2018, 01:39:36 PM
 #1410

it is not good because we don't know which coins will give profit or loss, so i think could you invest on different coins it's good, then you must choose any coin you can choose any coins but under to 10 coins it is better for invest.
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September 19, 2018, 01:43:52 PM
 #1411

Yes, it has a risk, and not to call this risk small, this risk is very high, and if the risk is justified, it will be just a miracle, you are lucky and should leave the fortune for the second time.
Gudhal Untu
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September 19, 2018, 02:24:36 PM
 #1412

Of course this is a risky thing, we never know whether the future of the altcoin is improving or not, it is better to divide the money on many altcoins so that if there is one drop then the others still have a chance to improve.
martyns
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September 19, 2018, 02:46:05 PM
 #1413

if I think that investing in one type of coin can affect the movement of assets, if prices rise, 100% of your money will also increase 100%.
if you divide the number in 3 different coins.
then the movement of the value of your money is divided, according to the three movements of the coin.
but if it's divided into 2 or  3 different coins, then you have reduced the risk of losing in whole ...
nebiki
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September 19, 2018, 03:18:24 PM
 #1414

There is no risk in this, but it can be justified in the best course of events, because many consumers of bitcoin use, but is all the money? This is a big issue that we need to work on.
in investing and trading in bitcoin and altcoin there is certainly a risk that exists even though it is large and small for sure. therefore to invest 1 coin using all the money is very risky. it's better to invest in some of the best and safest coins

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ramsankadirov1345
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September 19, 2018, 03:18:38 PM
 #1415

It is extremely risky. Let's tell even that you have one chance from one thousand that your coin will grow in price and will make for you profit. I will tell honestly, I so would not risk.

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September 19, 2018, 03:31:11 PM
 #1416

yes of course it is too risky once the coin drops it price you really need to wait for it to have a good value unlike when you distribute your holdings there is a chance that you can lessen your chance to have a negative profit.
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September 19, 2018, 04:23:45 PM
 #1417

this market will always have such hard decreases, we should get used to it or we should always take precautions according to it.
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September 19, 2018, 04:50:21 PM
 #1418

Wow that's way too risky,  I will advise you not to do it,  it's good you just diversify your portfolio,  because putting all eggs into one basket in dangerous especially the volatile crypto market

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tonlong
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September 19, 2018, 05:09:40 PM
 #1419

I do not think it is dangerous because you are holding coins for what is worth mentioning. If you keep an Altcoins but it's worth it you do not need to worry. People usually say a coin is more than nine coin. So be confident when you hold a coin but it can change the appearance.
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September 19, 2018, 05:10:47 PM
 #1420

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

Yes it is too risky.
At present, the crypto market is very volatile and hence investing in one coin can lead to more loss than investing in 2-3 coins as every coin has different stats going on currently. Some coin is seeing an increase and some coin is seeing a decrease in its market capital.
You can consider Ethereum, Litecoin, Monero to invest in as these coins have great potential. Ethereum has a potential to cross the $1000 mark by the end of 2018 and is the best alt right now. The coin holds a market capital of $21.8 billion and is also been adopted by major companies like Microsoft, Intel. It is good coin to invest in.

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