All my money in 1 altcoin - Too risky?

[Milamol]

Investing is great in that with the right selection you enter and relax.

...
9 - Relax

10 - Enjoy   

Two best best points 

[papasunkoh88]

In the name of cryptoland,there is no guarantee that you'll safe all time, the main rule of business specially in altcoin, do not put all of your money into 1 basket,you need to diversify to other basket, cause if you put to 1 basket only, cause if you lose ,will lose all, unlike to diversify your egg into other basket cause its became less risk.

[dragone]

I think this is really bad idea. Diversification is the key to success in any investment and it doesn't mean that you should have more than 100 coins . You can hold 2-3-10 coins but this is less risky because even a good coin can be a scam or something can go wrong. So you should be ready for that and you can save some of your money anyway. You can hold about 50% in one coin but no more.
I started with one coin and for some time it was 70% of all my  portfolio but when price for that coin went down I decided to invest to other coins and that was really helpful.

[jlpabilonia]

in what altcoin did you focus??? maybe it's risky.. but i think you didnt invest to that altcoin if you dont see any potential and a great future for that coin... so follow you instinct. and believe to success.

[kingzpro]

I will suggest to hold atleast 5-10 alts, holding only is like gamble, it can make or break you, what if the team or the owner abandons the project or face any legal charges and disappears making the investors wait for months crashing the value, that is why diversification is important.

[Daydream 61]

It is risky to put all your money on only one coin. But it may be very profitable if you have put your coin on a very profitable coin. And Neo may be one of them i think.

[morgan4140]

Of course, this is a big risk. I would advise you to split your portfolio into 5 different tokens, of which 30 percent would be Ethereum.

[casty3000]

Something I've done before. But I do not think it's too healthy. Yes, the asset you are investing may be really strong. If you hold it, you can earn good money, but if you sink it, you are too dark.

[posi]

Yes, despite you could earn alot if the coins up because all your money are inside one basket
Imagine if you just predict it incorrectly and the coin went scam/etc, you will end up in Nothing.

I agreed to what you said which is the reason why it not advisable to put ones eggs in one basket as the say and diversional in terms of investment are the best option because if one doesn't work out fine the other will. But, it also very important to do findings before invest as well.

[Limar0]

Absolutely yes.Putting all your money in 1 altcoin is too risky considering the volatility of all coins.Having 3 coins I guess is wise enough to divide your money into these and choice wisely what are promising altcoins good for investment.

[amaydel]

You said it already and yes i believe that investing or putting your money in  just a single alt coin is quite risky. Why not diversify your investment because the more alt coins you have, the higher the chance of having a better profit and the lesser the risk of losing money.

[Turkoin]

This could have been done in 2017. however, if it was sold in the first week of 2018, there would be a huge gain. it's too risky to do that right now. the future of altcoins is unknown. but it's hard to say for quality projects.

[Baofeng]

This could have been done in 2017. however, if it was sold in the first week of 2018, there would be a huge gain. it's too risky to do that right now. the future of altcoins is unknown. but it's hard to say for quality projects.

There are a lot of potential altcoins that can have a good run this year specially at the end of the year. You just have to look at the top then altcoins and I'm sure that you will have a good idea on which coin to invest right now and just hold on it for the next 6 months. Although the market has changed a lot because of so much regulations, we can still potentially earn money by going into altcoins. You don't need to look further as the top 10 coins will really do good this year.

[charlzyeby]

Unless you have seen that alt with a very good project that has a practical use in the real world scenario I won't advise you to invest all your money in it. Spreading out your investment has always been a safe way of investing. Besides, there is no single best product/project in the world.

[Gr4yF4ng]

Having all your money in one altcoin isn't a bad thing if you don't have a big amount of money to work with.

I'm all in the coin AMB and it's one of the best investments anybody can make right now IMO. The team is making excellent progress on the platform and buying an AMB masternode is a steal at current prices.

[tikanurqaidah]

How wise we are while investing also have the protection in accordance with the capacity we need. "Do not Put Eggs In one basket", that is, the words that should always be remembered by the Investor. As investors we don't want to fall on the stairs and hard to wake up again. then investors generally divide their investment portfolio into various fields.

[pinoyrichkids]

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

ALL IN, is to risky eversince the trading market is created, my reason is that do not depend on the single opportunity, you need to scatter all you r investments, what i mean is dont put all your eggs in one basket, if it fail, you also fail., it doesnt mean that the good coin today is still a good coin few months from now, but if i were you, if wanted to invest for long term use, go for top 10 coins on the coinmarketcap, from there you have the assurance that your invested money are still there.

Have a good day

[thanhcongqaz]

In my opinion, this is very risky because you are only fixated on 1 coin only.
in my opinion you should find 2-3 coins for you investments, and divide the amount into 2 or 3 parts and invest.

[Linggis]

If you give all your coins on only 1 project it is very risky.
Although the project is good there is a concern to do all the coins.
My suggestion should be for 1 project do invest 2-4 coins only. And divide your coins into some projects that have good potential and have a good reputation.

[CrazeCoinz]

Any Crypto investment is already risky enough and you'll increase that risk by putting all in 1 altcoin. You just can go bankrupt

Yeah it's a wise strategy if you can diversify your investment into many coins as we don't know which coins will make a pumps and if you have many coins you have a higher chance that you can recover your loses if the market will make a downfall.