All my money in 1 altcoin - Too risky?

[sapu jagat]

If you invest your money in only one altcoin I think the profit you will get is less than the maximum, and you have too much risk. You'd better invest in 2 or 3 altcoins, so if you do not benefit from 1 altcoins, at least you will benefit from other altcoins. If possible, minimize the risk of investing in crypto, using the right alternative and strategy.

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[mahoni2100]

If you invest in sound projects, you will have a big rise, but a random investment in coin will unfortunately lead to negative results.

[antolinicio1]

Of course this is a big risk, I think it is necessary to keep up to 10 different altcoins in the portfolio to avoid a big fall.

[headache1327]

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.

[xclusiveguy]

I feel it's a big risk,  with $500 you can buy cheap good coins that worth a thousands units with such amount,  invest like $200 in pundi X,  you gonna get close to 40k units, invest another $200 in sharder coin it's currently $0.09 and invest $100 Helbiz coin,  I'm pretty sure you gonna make great profits because those coins are still an undervalue gem

[RaspoBTC]

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 would suggest to invest in 3-5 coins.
At the beginng it is better to invest small money so you get a feeling about the cryptoworld without tears.
But at first do your own research about the project and ask yourself about your strategy, short- or longterm.

[Minotus]

Well since you are going to invest in only $500 going all in is the best way to make fast profit. If you can find a good coin that has a chance to make 2x , 3x in short term you can go in. The best part is currently we are in the early stages of bull market so there will be many good opportunities.

[eddyhalim]

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 advise you if you want to make more profit then you should choose 1 potential altcoin to buy. Because the $ 500 is not a big capital, if you buy too much low value altcoin, you will not have much profit. I recommend long term investment on Monero. Currently Monero is still relatively low price, you should buy before the price increase. Monero has very good technology, no 3rd party can find the user because all transactions with Monero are completely anonymous. In the future I believe Monero will be more popular as the government will tighten control of the crypto market, when so many people will use Monero because it is private.

[BryanK]

If all your money is in a safe asset (coin from the top 30) then I think there is no reason to worry. But it should be borne in mind that cryptocurrency is always a risk.

[Chefironside]

Boooh. No way . Too much risk !! For me yes it's too risky, because we can't sure if the altcoins you can choose will make a boom in the future. Moreover not all coins have a capacity to survive, maybe in other way they have chance to increase their value. I suggest to invest your money into different altcoins.  ( SONM and UNIVERSA ) Tipp 

[D3m1r4wanti]

of course it is very risky, if you invest all your money on one coin only. should you split your money in some investments for example in 3 or 4 coins

[ashaksagnis]

I would invest in several altcoins. too much risk but like others said - if only 1 then from top 20-30 coins.

[coastbank]

Yeah it doesn't worth it - It is very risky. I mean you can still make profits over bigger portfolios you shouldn't put every eggs in same basket cause you will regret when crash happened - it happened to me once.

[Azizjon92]

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 as an investor want to invest money for a long time then you can do so. but if you're not an investor then at least 2 Altcoins put your money.

[3DBrushes]

Ofcourse it is risky but sometimes taking risk is worth it. Instead of holding hundreds of shitcoins it is better to hold one or two quality coins. There might be many excuses though.

[Kankan7772905]

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 do not advise you to invest in one coin. Even if it seems that she has a great future. This is very risky. It is always necessary to develop new projects in order to increase efficiency and obtain benefits. And most importantly, to avoid bankruptcy.

[anthinguy21]

Yes if it's not a good coin with high rank on CMC. You should know that all-in is the most dangerous thing you should never have in trading. You should separate your capital into 3 or 4 cryptocurrencies, it's much safer than only 1 although it's a good coin or not. But don't invest in too much crypto )

[PhantomJ]

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 very risky. I wish I could take same risk. It will make you impossible to cut losses as you will cut everything at once in one coin. I prefer to diversify in 2-5 coins.

[bitcoinveda]

Really very bad idea to keep all money in coin because it might be very risky because market circumstance is not up to the mark. So we have to divert our portfolio in order to recover our funds.

[krakovich]

I would not do that. I do not want to invest money in one coin, a very big risk of losing money. I would divide this sum into 5 equal parts. in this case, the loss of money is less risky.