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Author Topic: All my money in 1 altcoin - Too risky?  (Read 7658 times)
Sendi blackspade team
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October 26, 2018, 08:57:36 AM
 #1461

of course it's very risky. if the asset that you invest is profitable it will become extraordinary, but if there is a loss your money will be lost all. You should divide your money into several assets to reduce such large losses. share your money on a number of assets, it will be safer for you.
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October 26, 2018, 09:10:25 AM
 #1462

I think the $500 is very suitable for concentrated investment, because the investment amount is not high, and concentrated investment can make you get a higher return rate!

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October 27, 2018, 07:26:52 AM
 #1463

I wouldn't do such investment becasue there is a big chance that you can lose your money if your coiins will fall with it's price
If an individual can have multi investments in almost all the good virtual assets with good output, why would he chose to get himself confined to just one coin that is not as advanced as the best coin in the market. It is of no use putting all your eggs in the same basket or there is big chance of getting them broken. This is actually the risk that can ruin you if there is a sudden fall in the market value of the altcoin you invest in.
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October 27, 2018, 08:55:40 AM
 #1464

Of course this is very dangerous. Because if you invest all your money in just one coin and scam the investment coin or it costs unusually low, then you will face many problems and you can lose your entire invested money. That's why do not invest your all mmoney in one singale coin.

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October 27, 2018, 04:24:49 PM
 #1465

Of course, it's risky, but every risk can be strongly justified. If you put your finger in the sky and it will be the very asset that will bring the most profit, then you will immediately get rich! But if it is a bad token, then there will be madness!

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October 27, 2018, 04:30:21 PM
 #1466

Use this strategy, put your money into a cryptocurrency with 30%, 70% on your money its a fiat. The fiat its really a important some times crypto down then you can use the fiat for buy other crypt. Your money not stuck on 1 project only

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Businesscase
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October 27, 2018, 04:45:29 PM
 #1467

It`s very risky, even you invest 500$ it`s not cost to invest in one alt. More profitable and less risky will be a decision to divide your investment into some parts and invest in other good projects too.
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October 27, 2018, 04:45:48 PM
 #1468

If you want to know my opinion then I will say that it is very high risky. Don't invest your fulll amount of money into one coins. Always try to invest into 3 to 4 cryptocurrency to be safe investment.
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October 27, 2018, 07:04:23 PM
 #1469

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

Its a big risk if you go all in but at the same time it is also risk to invest in lot of projects . What I mean investing is risky so it does not matter for me if you invest only in one altcoin or not .
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October 27, 2018, 07:52:18 PM
 #1470

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

Its a big risk if you go all in but at the same time it is also risk to invest in lot of projects . What I mean investing is risky so it does not matter for me if you invest only in one altcoin or not .
It seems to me that situations are different. I participate in Bounty companies and if possible, I sell coins at the best price. But I sell everything for ethereum, which is stored in my wallet. Thus, all my assets are in ethereum, since I trust him the most.

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ckorbba
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October 27, 2018, 07:59:01 PM
 #1471

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

Its a big risk if you go all in but at the same time it is also risk to invest in lot of projects . What I mean investing is risky so it does not matter for me if you invest only in one altcoin or not .
It seems to me that situations are different. I participate in Bounty companies and if possible, I sell coins at the best price. But I sell everything for ethereum, which is stored in my wallet. Thus, all my assets are in ethereum, since I trust him the most.
You have to remember that a cryptocurrency always carries a certain risk and a cryptocurrency market has always been unpredictable. Thus, despite your confidence in ethereum, you should still reinsure your hopes and opportunities by investing in several different coins.
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