All my money in 1 altcoin - Too risky?

[leea-1334]

It's a risky game my friend. The main investing rule - diversify your portfolio.
Your main part of budget invest in top 10 blue chips they will grow in order to cover your losses.
The other part invest in perspective coins on their lows and study these projects their ideas news and development.

Yes,,, far too risky, I hope you were just joking when you said all in. You might as well gamble at a casino all in on blackjack at least you have about 1 in 2 chances to double your money.

Diversify I agree, that is what everyone should learn. If you have no time, then yes, get the "blue chips" get two or three and just forget about it. Bitcoin must always be your #1 holding, that is all. Anything else is unknown factor.

[Sanchos]

Investing all money in 1 coin of course risky, but diversified assets wil give x20-30 per years. When 1 coin can give x100-130 per year. So if you sure that you chosed the most perspective coin- hold it

[yua_na]

$500 is not small ammount you could live for one month in third world country. Spread your investment. Dont ever invest in one basket. If somethings goes wrong you still have another investment. For $500 put at least $250 to two altcoin. Or if you want to take higher risk. Put it to two good ico. If you lucky enough you can multiply you money easily

[ReiMomo]

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 always wise to invest in 2 to 3 coins rather than investing in a single coin and waiting for the profit. I use to invest in 4 to 5 coins and those will be not based on top 40 or top 50 as you said and what I invest is based on the potential of that coin. I will carefully observe and validate the growth and their potential of the coins before investing in to it even if it is a single penny.

[ledinasaliasi]

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 think you should not invest all your money on just 1 altcoin. Because there is a high risk, nobody puts all the eggs they have in the same basket. I recommend buying at least 2 altcoins to diversify the capital. NEO, Litecoin and Ethereum, these are the best and most promising altcoin, I recommend you buy and hold long term if you want to have profit in the future.

[IntelligentIdiot]

If I have $500 then I would invest it on a few sure wins as far as I am concerned. Neo and Cardano. But only if once there would be dips in the said coins then I would invest. If I feel they are on the rise then I will buy at their low then wait for it to climb.

[micheal wang]

nobody puts all the eggs they have in the same basket

What did you mean? That's an idiom?
Please don't distructive the language of others, if you cannot afford to understand be better of leave this sentence. I prefer to use standard language and understandable to others.

I think choosing an investment is free to do depending on the person who invested the money. And now I believe investing in one coin is safe, but it depends on the altcoin you choose. For a fairly safe investment by choosing an altcoin only, I choose ethereum (1000 people will suggest this) but ethereum is absolutely safe (for people who believe cryptocurrency will always be there) to be an investment place.

[pleaderzazure]

I think is too risky try to invest in some BTC, ETH, and some another altcoin in top 10 with best developer and great plan in the future

[oxonhu]

its big risk but when i saw your money $500 i guess its not big money for anyone so maybe it worth . What did you buy ? Which altcoins did you invest it ?
You can buy now VEN or MAN or NEO or QTUM or ETH or which you believe in it. You must buy something has value and a solid project. Dont listen anyone do your research than invest in something.

[Poink]

I try to make my minimum investment around $200 per coin.  In this context, $500 is enough for 1 or 2 coins only.

You can probably split it to 3 max;
- $200 on a safe/established coin (top 10--BTC/ETH/XMR/NEO),
- $200 on a known up and coming coin (top 10-60--VEN/ICX/ONT/WAN), and
- $100 on a riskier new/cheap coin but with good project and team (STORM/OCN/GUP)

Me, I would put half and half on 2 coins in the mid-tier (likely $250 on VEN and $250 on ICX)--it gives you better chances of bigger return with minimal risk.

[bitcoinking11]

I don't think It is risky. If you want to put all your money in one altcoin, it has to be more established altcoins  such as Ethereum and Neo. It is more secure to put your money in these two coins. You can pick any one of them, or you can put your money in both. As after bitcoin, these two coins are getting more attention.

[BTCITA187]

I don't like paradigm about eggs in a one bascet. I did the same thing I hold one coin. I sold others and hold one, but unfortunately it doesn't help. Fortunately I had some spirit and changed my mind , after that I'm looking for good coins and it doesn't matter about count. If I think that this will be a good coin I hold it. If not I'll sell it easily. But anyway if you find something good maybe that would be better to use more than one coin.

[speem28]

It's a risky game my friend. The main investing rule - diversify your portfolio.
Your main part of budget invest in top 10 blue chips they will grow in order to cover your losses.
The other part invest in perspective coins on their lows and study these projects their ideas news and development.

Although a lot of considerations must be taken care of before doing this. Diversifying your portfolio doesn't guarantee you a sure way of earning profits or less risky investments. You might end up with scraps of the coins you hold if you diversify too much resulting for you to hold out even longer than what it supposed to be. Just focus on 2-3 altcoins for now and in time when you get higher investments add to your portfolio slowly.

[YinShuiSiYuan]

It's not good to put all your money into one coin. Diversification between 2-3 coins is better. This will reduce the risk of losing all funds. On the other hand, investment in btc or eth is quite safe and there is a high probability of a good profit in long term.

[Crypto_lion]

It definitely is risky man.Dont just put everything into a single thing.This is not a advice for crypto  but for any type of investments.You never know how it would turn out

[yunusseymen16]

It is a very big risk to keep all the money in just one coin. But sometimes this risk can be justified and you will get a big profit. If you know how to choose coins that will grow soon, you can invest in one coin. As an investor I don't recommend to act this way.

[jeda2000]

The first question that needs to be asked here is; 'How long are you at risk?' If your answer to the question is a high level risk then it may result in indexing your investment to a subcco. But my proposal will be to divide your basket into a few pieces by proportioning to your trust situation without widening it too much.

[BTC-engineer]

It is double-edged sword. On the one hand, it is a risky, rules of investing says: don't put all eggs in the same place, but on the other hand, if you are so sure in this coin, don't hesitate to invest

[blumkinnn]

It is a very big risk to keep all the money in just one coin. But sometimes this risk can be justified and you will get a big profit. If you know how to choose coins that will grow soon, you can invest in one coin. As an investor I don't recommend to act this way.

In theory, the very trade or investment in any coin of the crypto-currency market is a certain risk, where it is higher, somewhere lower, but it is there. I would not risk investing all the money in one coin, even if I was sure of it.

[Philippines]

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 just have a 500 usd better to invest it to only 1 altcoin but make sure the coin has really a potential to increase . Do your own research about it before investing .