Noelnada
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December 28, 2017, 03:59:04 PM |
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I think it worth the risk to go all in if you have only 500$ to invest, you'd better have a lot of confidence in the project though.
If you invest in DeepOnion or BTX, you will get 5% dividends from airdrop which is a nice incentive to keep price rising and gain more assets in the process. DeepOnion trade volumes have grown very fast since it is listed on Kucoin and I can say liquidity is not a concern any more for small investors.
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mcconah
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December 28, 2017, 04:09:51 PM |
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certainly very risky, especially if from the beginning already knows for sure if the coin it fluctuates and is not sure when is the ride predictably and decline. but it means you take good decisions if you want to use it as an investment in a long period of time.
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( M P C X ) Revolution Starts Here! ( M P C X ) Digital Crypto Wealth Management Platform
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ingiltere
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December 28, 2017, 04:40:39 PM |
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I think you are doing the right thing because you only have $500 to invest. Just buy one coin and wait until it grows. You can sell it in 3x and buy 3 different coins, $500 each again. This would be a good strategy if you choose right coins.
For me if his budget is so low he should split it for diffrent coins cause if he has time he can get some money by doing little steps, not one big like you mentioned. I don't agree at all. Even if he found a %300 coin he couldn't gain much because he split his already low money. He should only pick one and wait patiently. You can't show any advantage for splitting such low money.
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jin_dv
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December 28, 2017, 09:35:55 PM |
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Hello, friend. In such unstable times it is not necessary to invest all in one basket, spread your 500$ between 5-7 projects, so as not to lose everything.
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Fedrey
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December 28, 2017, 09:36:20 PM |
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I think you are doing the right thing because you only have $500 to invest. Just buy one coin and wait until it grows. You can sell it in 3x and buy 3 different coins, $500 each again. This would be a good strategy if you choose right coins.
For me if his budget is so low he should split it for diffrent coins cause if he has time he can get some money by doing little steps, not one big like you mentioned. I don't agree at all. Even if he found a %300 coin he couldn't gain much because he split his already low money. He should only pick one and wait patiently. You can't show any advantage for splitting such low money. guys, I think that in any case, no matter how confident you are about this or that choice, you still need to protect yourself from the bad consequences of your own possibly by choice. Therefore, in order to minimize the risks of losses, at least two coins need to have for investment. One, it's very small.
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wklt2002
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December 28, 2017, 09:49:36 PM |
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It depends what you prefer: 1. Extremely high risk to lose it all, but if it goes well you earn a lot more than in option 2 2. Lower risk than in option 1, but you will most likely not get as much profit as in option 1 Personally I prefer option 1, but that's mostly because I don't spend a lot of money on crypto's so can't lose alot.
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malibubaby
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December 28, 2017, 10:06:21 PM |
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For me, this is not risky unless you invest in a scam coin. Consider to invest in legit project with abig community and hold this for the long term and you will rewarder big ROI.
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Cryptotina
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December 28, 2017, 10:15:51 PM |
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That will be extremely insane. Don't ever do that, put in all your money in one basket(altcoin) even if its good. Make sure you have a plan B and more cause you don't know when you might need it. "All my money in 1 altcoin" that's just too risky. DON'T get TOO greedy
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aznboy84
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December 28, 2017, 10:21:20 PM |
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If you know what you are doing in there, i dont know why it would be a bad idea. There was people who invested 1000 ONLY in ethereum a few months ago and they now made their biggest fortune
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spyderbilt
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December 29, 2017, 01:17:02 AM |
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it is very risky because if the altcoin is decreased you can lose. you should be able to split your money into some altcoin, so you even though there is 1 altcoin loss you still have a profit coin reserve.
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ryangcrypto
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December 29, 2017, 01:28:43 AM |
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I think it's always better to diversify your investments. There's that old saying "Don't put all your eggs in one basket". That saying exists for good reason.
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shesheboy
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December 29, 2017, 02:08:22 AM |
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I think it's always better to diversify your investments. There's that old saying "Don't put all your eggs in one basket". That saying exists for good reason.
yeah you got some point but i think putting your egss in one basket is still beneficial only if he chooses a good coin with a lot of potential like etherium or bitcoincash. these coins were also have a low risk due to their stability and less volatile but they can also pump as hard as bitcoin because they are indeed verry useful in terms of usage like for example etherium can be used when trading or exchanging your altcoins and tokens to an online exchanger like etherdelta. bitcoincash on the other hand can also be used when sending and transfering money or payments because it is fast and has a lower cost fees.
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XFlowZion
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December 29, 2017, 02:21:30 AM |
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I think it's always better to diversify your investments. There's that old saying "Don't put all your eggs in one basket". That saying exists for good reason.
The famous line that will explain it all. But on the contrary if op is going to choose Bitcoin, Eth, Xrp and Litecoin then the risk in that investment is too minimal.
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vintages
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December 29, 2017, 03:13:55 AM |
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If you had researched about the coin you invested in, I wouldn't want to say it's way too risky, its just that's some times you can never tell what might happen nexts. So I suggest you should try and split that money by investing in six to five altcoins. At least , if not for been too risky, you should be considering about the gains you might be losing for not investing in other coins, which might also as well be toping in price to. Its should be a win -win situation.
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EvilKingfisher55
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December 29, 2017, 03:15:17 AM |
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Yes its more riskier to do than to even out your investment in atleast 5 or more coins. I think you should invest on other altcoins and do not focus on just one coin.
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MarchToke
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December 29, 2017, 03:18:31 AM |
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Investing your money is a very risky thing to do. It is just like a gambling that you need to take the risk, but you can prevent that by choosing the right project at the right time. I f I were you you try to invest in two or more project not just in one..just to be sure if the other project is failure, then at least there is another one.
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Phamuyentri
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December 29, 2017, 03:51:33 AM |
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Yes, it's too risky except you want to invest in long-term (like put some money on it and not do anything in some month).
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jhontwis
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December 29, 2017, 04:48:47 AM |
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I think it's irrational to put all the money in one project. If you do not have time to deal with buying, then Bitcoin al derim. Stay at least fifty bitcide at Yada. If the project you are expecting to get out falls, you will have a chance to get it.
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xerophore
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December 29, 2017, 05:42:24 AM |
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Actually diversification in investing is very important. However, if you have been optimistic about the future of altcoin that you hold. Means you are ready to face any risk that will happen, as well as achieve wealth from the investment itself.
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EvilKingfisher55
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December 29, 2017, 05:55:21 AM |
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I guess to have a safe investment, better to diversify your money. We can't tell how the market moves, at least with many investments you have a lot of option if one coin fails.
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