All my money in 1 altcoin - Too risky?

[qwertylolxd]

If you think it is good investment and you will get money from this coins in my opinion good option is try.But be careful, it is not known how this can end.

[simsamsum]

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've done it myself, and I wont recommend it.. I was lucky with my NXT investment, but honestly it was all due to luck

[d0r10n]

I always split it up. But some people like to bet it all on red, I don't!

I was also thinking going all in one coin is like playing Roulette! Can win big but also very risky, I spread mine across 12 coins in last 6 months and I hit 2 or 3 coins that went x10, several x4 to x 6, and the rest x2. No loses yet luckily.

[RKh]

SpectreCoin (XSPEC)
privacy project developed by professional 15+ years in the field cryptographers


 - Modified Ring Signatures

 - Stealth Staking Rewards(name me one project who can do the same)

 - BISQ TOR decentrilized exchange integration (from BISQ v6.2)

 - Future mobile stealth staking android app (SPV client) Q2 2018

 - TOR + obfuscation for countries where it is prohibited or blocked


Other coins with worse tech EV is billions
XSPEC is only about 100 mills

it was about 8 mills in the beginning of December

It will 1b+ in Q2 2018, when groundbreaking Stealth Staking algorithm, first in crypto will get released

Do the math

[Dreamchaser21]

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 invest all your money in one altcoin then you are truly a risk taker. For me, it is better to put big in 1-2 coins. And then the third will be a reliever coin in case something unwanted happen.

If you put all your money in one good altcoin then I can say its better than to have a lot of coins that is really useless. Personally I am doing this and its works for me though its risky but my goal is for long term. But yeah, better to have more so you can lessen the risk, try to hold bitcoin it can really save your money.

[Drobek]

I know a friend who invested 200$ into 50 different alts on poloniex. The portfolio increased in price however the amount of administration was insane; with 500$ I would not go for more than 3 coins.

[Minnaja]

No, it's not very risky, if you chose a good coin from the TOP-20. But if you bought rubbish and hope that it will make you rich, then I must upset you ...

[nydiacaskey01]

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 risky but there's nothing wrong if you invest into 1 crypto only and hold for a long time specially if thorough research has been made before buying the coin. Theres a lot of altcoins out there that is good for long hold specially those that are in the top 10 in the coin marketcap. Its like gambling and you want to stick to a single number in roulette and lottery.

[DMiracle1]

" Investing is a risk, but not knowing what you are doing is a greater risk ", i've read this somewhere and i really think that this phrase applies to you. Why on earth will you put all your money in one project? Eventhough it's not a big amount that you are referring to, if it's all you've got then my friend forgive me but that is a very careless and lousy thing to do. I totally agree with you in investing to two or three coins instead. That way you have a much better outcome to look forward to. Kindly think twice what you are about to do.

[PalindromemordnilaP]

too risky of course Yes. But if you want to be patient waiting for the not unlikely event of one coin can go up high if you want to be invested in the long term.

Very risky indeed  because the moment that alt coin will have its market value plummets down so deep, it can cause panic that may lead you to sell your only altcoin at a lower price. Thus, you end up losing your money. But if you have the heart to risk it and fully understand the principles of HODLing, then go for it.

[Trimegistus]

No, it's not very risky, if you chose a good coin from the TOP-20. But if you bought rubbish and hope that it will make you rich, then I must upset you ...

This a very bad advice... How can you guarantee all top 20 coins will thrive? Some of them can actually disappear sooner than they are catapulted to stardom. Being in the top 20 only shows someone decided to invest in a project. But that same someone can chance its mind at any moment...

[cetel]

I resides.

[v3liana]

It is a big risk to go all in.

How much you have to invest is not really important for that decision, you should always diversify a bit even if you start with $50.

I suggest you to split in 3, for something a bit safe $200 in BTC then $150 in 2 others projects.

or you can try something like this :

$200 in BTC
$150 in STRAT
$75 in an other project
$75 in an other project

i suggest invest in tron it should be best option for this year. investing in one coin doest seems bad for you. but spliting thr coin is not bad idea cause you might got a profit from one of the coin you hold and you. able to hold and sell it at the same time.

[grchina]

Go big or go home i love that way of thinking but it doesnt belong in crypro world as if you get i wrong you will have to wait long time for profit or even worse coin gets abandoned you stay without money.All in imo is fine only with large cap coins like etherium that will go up for sure in the next period of time

[mikitachu]

All in is just a more dispersive game - you risk more = get more or lose more. If you think one of altcoins is much more perspective than others, you realise the risk and still want to go for it - why not?

[papuayenigine]

I think it is incredibly risky that focuse on just one coin. In my opinion, this currencies are not suitable for that and I think you should get 2 or 3 more coins.

[lifengpu]

Of course, it's better to have a bigger risk and reserve options if you do not get one, you can win in another, but you do not have to do everything in one

[Mihaylovic]

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

It is risky but not a bad decision. Because of the investment is low according to crypto market. It is better for you to take more risk to get good profit. 500 usd is a bit low to divide to different things. you will loose money even for transaction fees and exchange fees etc.

[mdenys]

Better choose 10-12 different coins,2-3 from top 10,two more from top 100,and top 200 and etc.Search for the most undervalued and promising coins.

[johanesrobin]

Better choose 10-12 different coins,2-3 from top 10,two more from top 100,and top 200 and etc.Search for the most undervalued and promising coins.

Good idea, we can not know coins that give big advantage.
and maybe one of the coins we choose is a good coin and gives a big advantage.
only for people who have big capital / whales