All my money in 1 altcoin - Too risky?

[babyaia]

If you have a big amount of money to invest I think it is good if you buy at least five different altcoins or more,it is risky here in crypto but when you have different coins maybe the risk is lesser.

[@hosimanaka]

never put your money in one basket,,
better you split your funds, to minimize the risk my friend

Yes. The experience of foregoers leaving the investment in the crypto market should not accrue to an altcoin so it is very risky for us if that altcoin collapses. But if investing in the coin up CMC is more secure than investing in ICO

[YCryptos]

Better diversify your funds. If you have $ 500, then invest 5 altcoins at $ 100. Choosing projects for investment is better from the top 20.

[Joshapat]

If you have a big amount of money to invest I think it is good if you buy at least five different altcoins or more,it is risky here in crypto but when you have different coins maybe the risk is lesser.

Putting money on one coin is certainly a very risky thing, we all know that the price of cryptocurrency is hard to guess so for security reasons it's better to divide the money into different types of coins or at least 10 coins.

[beami]

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 only focus on one Altcoin course this is very risky. Because you will never know the extent to which Altcoin you hold can survive. Moreover, you are investing in top 40 Altcoin who do not know future developments will be like. If I may advise you, you should invest in 2 or 3 Altcoin that has proven to be good and promising. Although you spend a little big capital the results you get later will also not disappoint.

[indobitcoin.tk]

focus to one crypto if at the time the benefit was indeed produced largely. However, when a loss would also be the same. better even though the capital a little split into two or three. so even though the results were not as big as if at a crypto but will be able to anticipate the losses that occurred.

[uwouw0]

Better diversify your funds. If you have $ 500, then invest 5 altcoins at $ 100. Choosing projects for investment is better from the top 20.

that too much i think invest your $500 in 5 type altcoins. 2 or 3 altcoins its enought for me so you can control/monitoring price.

[Flor1982]

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

The golden rule of trading and investing is to not to put all of your eggs in just one basket so therefore for me it is not advisable to invest all of your money in one Altcoin specially that many Altcoins are now belong to the crap coins but maybe if you choose the top Altcoin like Ethereum and Litecoin then the risk for sure will reduce.

[modmalaney]

If small capitalization I think not too became a big problem. even for the novice as well invest in one altcoin also no problem for it to be quick and immediate visible results. But if you already entered in the scale of investment capital will certainly be very risky If you only invest in one altcoin only.

[onetwostep]

The more risk you take, the more money you can earn. For example, 1 month ago, people who bought docademic could not stop selling until now 40x and they were rich more risk more profit everytime. But you can lose your money too

[anggurMerah]

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 think it's a problem if you just want to focus on 1 Altcoin. But I suggest you should buy Altcoin that goes top 10 Altcoin. Because if you buy a good proven Altcoin, of course, you will not be afraid if hold it for a long time. The risk will not be too big than you buy Altcoin not yet famous.

[Cryptomedia.com]

All your money in ANY coin is risky. First of all you should only invest what you are willing to lose. The crypto market is too new and too unpredictable to afford such risks. Also it's not smart to invest in one coin. You should diverse your portfolio with AT LEAST 3 or 4 different coins to minimize the risks. And one last thing - put at least some money in Bitcoin,Ethereum or Litecoin as they are the most stable coins on the market currently and if anything happens to the other altcoins you have, you will still have something left.

[nozokiumi]

I've ever tried it. $100 in one place. And ofc it's gambling. We never know if the trend suddenly pump or dump if we just know about cryptocurrency in few days. Never suggest to do it. When you get loss you'll feel it

[gracer88]

If you are sure that this altcoin will bring you a good profit-then invest only in this altcoin.
 Received in the future profit invest in other altcoins. Good luck!

[kristensoto]

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 not to invest all in just 1 altcoin, because doing so would be dangerous and risk would be higher. No one puts all their eggs in the same basket. Ideally you should diversify your capital. You can buy a few more valuable altcoin and other potential. Some altcoin that I recommend to buy at the moment is Monero, NEO, Litecoin, or Ethereum. I believe that by the end of this year the market will stabilize and accelerate. If you want to make a profit, invest now.

[sharkETfish]

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

[go4crypto]

Going by the time-tested investing axioms, it is always safer to invest in multiple different sectors than any single one. The same  applies to cryptos too so diversify your holdings into more coins.

[AUruHM]

One of my friends made same. Near New Year Holiday, he put all his money 2-3 BTC in the Next and get good profit close to x8-x10 in BTC. Now he put much of his money in OCN. And he saw those crypto waves  . 10 BTC were 35 BTC and due to hour became 21 BTC. Today I don't know how many he has.  

[ovcijisir]

One of my friends made same. Near New Year Holiday, he put all his money 2-3 BTC in the Next and get good profit close to x8-x10 in BTC. Now he put much of his money in OCN. And he saw those crypto waves  . 10 BTC were 35 BTC and due to hour became 21 BTC. Today I don't know how many he has.  

You friend got VERY lucky. I prefer to diverify my money to reduce the risk. No one knows what project will turn out to be scam and other successful.

[Shtamm_oval]

The question is quite interesting and difficult. If you are so confident in your coin, well analyzed the market, consulted with knowledgeable people, you can invest in one project, in other cases it is not necessary.