All my money in 1 altcoin - Too risky?

[Suleiman the Magnificent]

Usually risky. But if you have enough information about the coin you are investing in, and you trust it, the situation may change. You have to decide that.

[davidroux]

Of course you should not. It is gamble, not an investment. You have to research carefully and choose a portfolio with 2 coins at least. IOTA and Ripple are my advice for you

[adroitful_one]

Always try to diversify as much as possible. I usually try to split it between 5-6 different coins. This not only keeps you from going bankrupt, but will also keep you trading more often as one coin will be up one day and another coin will be down that same day.

[tienigarazz]

Investing is very risky, and putting all your money in just one investment is very much risky.
I suggest that, you should devide your investment.
The half will be invested in the coin that you are very sure that you can get more profit and the other will be in the coin that also has a great pottential.
So that if ever one of your investment fails atleast you still have a money from the other investment.

[DosManos]

it can workout but its really a little risky
better not to do so, because you will get confused from other projects that go up
if you have positions in few coins, you always can sell high and buy the other one before it moons

[ballerin and giroud]

In any investment there will be risky, especially you invest in cryptocurrency world. Make sure you know what you're getting into, and do not risk more money than you could afford to lose. At least you do research on the coin that you will invest.
In response to the question you ask, I think it would be very risky if you put all your money in only 1 coin. But it may be a good idea to play it safe, to invest on the most popular coins only, such as the top 10 by market capitalization. At present, those are: Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, Dash, NEM, NEO, BitConnect and Monero.

[legendbtc]

If you kept your money in ETH and BTC then it is fine but if you kept them with other altcoins it is always risky. So it is better to always divert your coins to different coin in order to make profit on those when their price increases in the market.

[Ridwan Fauzi]

Yeah i think is very risky if you put your money in 1 coin. And than in cryptocurrency when you investment you should to understand about coin wich you will invest. If you want to invest do research about coin wich you will invest, it will be very safe for investment.
We know the amount of altcoin is very much today. You can see in coinmarketcap the amount of altcoin now reaches 1300 altcoin. Do research atleast top 10 altcoin, and then there you can choose for long term or short term investment.

[Clark05]

Investing in one altcoin is very risky brcause if you buy one altcoin only and once those altcoin decrease or die your money will lose for sure.  Unless you have more different altcoin even the other altcoin die you have other altcoin or support and you lose some profit only not your all capital.  But the advantage of investing in one altcoin and once altcoin increase you can make more profit.

[Crypto_lion]

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's too risky to put it on a single coin unless you have completely believe in their tech, the team and the roadmap ..even if you do believe that the team has to implement it and market it properly..so it's a wise decision to split them into several coins

[albio87]

in every kind of inveswtment the very first rule to follow is to apply a good risk management with a distribution of risks on different asset, if you go all in on one, it can do well as well as you can become rekt

[supermine]

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 on a single coin the risk of losing your investment is too high,so it is better to split your investment into there coins from top 20 ranked cryptocurrency to reduce the risk factor.Or you can invest 50% of your amount into bitcoin and other half into one of the altcoin to have minimal risk.

[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

Its risky but profitable I think. Personally, I am doing this right now, I am just keep on buying 1 altcoin every time I got my payment through signature campaign and it really makes so well for me. Planning to do this until I become rich for good.

[iamMhew]

By choosing top 1-5 coins and put all your money in is not a risky move,  but if you choose only one coin, thats a very risky moves.  What if that coins youve choose will dump,  so all your money had gone without trace,  but if you choose two or more coins to invest in,  theres a chance/possibilities that your money will grow after a year or more. I strongly suggested to you that choose 2 or more coins for more better result.

[usmanov123]

Sometimes it's OK, but only if:
- there is a great risk/reward scenario;
- it's liquid (f.e. ETH, LTC, etc)
- It's on major exchanger
- one invest money he can afford to lose

[alsmith]

Hi!
As in stock market, I would say that a good portfolio must include both sure and risky positions. So, yes, betting all in just 1 alt is risky.

[grchina]

Its to risky imo as i dont like putting all the eggs in the same basket,i would split those 500$ in to 5 coins with 100$ worth each.2 of them would be high risk high reward kind of coins(like icos) and 3 of them would be medium cap coins with solid road ahead of them

[FairUser]

Never put all your eggs in one basket and its very risky to invest all your money in single altcoin as you never know what will happen to its price in future and if it crashes badly then you are likely to make huge loss so to minimize the risk of loosing money its always good to diversify your investments at different places.

[Geenstijl]

No way, man. As an investor you ought to use a diversification. It's not about what do you want or not, it's like a golden rule of investing. Whatever amount you want to invest you should diversify investments like 70% to 3-5 top-10 coins and 30% to 2-5 low cap promising projects.

[jakezyrus]

Usually risky. But if you have enough information about the coin you are investing in, and you trust it, the situation may change. You have to decide that.

Usually risky.

no one is safe in crypto not only on crypto but also in other forms of investment. it can be risky as long as there is a money or a value involved. however it might still be beneficial because you can instanly earn a huge profit if the coin you choose has pump succesively.

But if you have enough information about the coin you are investing in, and you trust it, the situation may change

but what if he choose the wrong coin although he research it and know all the information like their team, roadmap,whitepapers,etc. the situation will not change either even if he has a trust on it because he still choose the wrong coin with zero potential.

overall id say that it can still be a smart move to put all your egss in one basket as long as you choose the promising one that you think it will bring you a fortune.