All my money in 1 altcoin - Too risky?

[grimjoever]

all i can say is it's risky and not the best option. it's less profitable than if you split to many alts

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[Eminem23]

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

What do you think about it? The risk of missing more if you have only one coin. The more different coins you have in your crypto portfolio, the better. The greater the probability of takeoff.

[dsaijz03]

Very risky. Great for you if you invested in one crypto and it pump big but that is to good to be true because we are talking alts so much better to spit it in 3 or 4 for different alts for more profitable.

[danielcansil]

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

Cryptocurrency is a potential market, investing in this market promises to bring you a lot of profit. However, this market still has a lot of risk, because this is a new market, it is easily affected by the news and it fluctuates very quickly. So I think the risk will be higher if we only invest in an altcoin. I recommend investing in 2-3 altcoins, some potential altcoin that I think you should buy at the moment which are Cardano, Ripple, TRON, IOTA, Stellar.

[Teamsah541616]

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.

[yunusseymen16]

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.

[denyfirmasyahputra]

I think it's better not to put an egg in a basket, It's Warren Buffet's word so it's better you invest in lots of tokens, Do not spend your money on one token only

[david0ikari]

Hey Mate, Just saw your post.... This is a very bad idea...you need to diversified your portfolio for 4 or 5 coins/tokens... This is to risky to play poker on this market. DYOR for your investment on good project.

[Belal]

Everyone agrees on the same advice ...
Always try to diversify as much as possible.
 this is too risky. Try to have at least two altcoins.

[foxsss55]

Usually risky.Of course you should not.
You have to research carefully and choose a portfolio with 2 coins at least.
Good luck to everyone

[Fioraver]

Everyone agrees on the same advice ...
Always try to diversify as much as possible.
 this is too risky. Try to have at least two altcoins.

Yes, this is the absolute truth. I may add that the investments in different coins should be proportional. For example if you hold $1000 in Ethereum, $50 in NEO and $20 in ADA is not diversification.

[plr]

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

Even if you are a small investor, you should also diversify so you will not be in a total loss in case there is a bear trend, diversification will always the key in cryptocurrency investment I have not known a holder who just concentrated in one coin, even if it is bitcoin.

[alon_alon]

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 invest in 1 Altcoin course this is very risky. Yes maybe you think the coin you hold good but you never know the future will be like what. What would be good to continue or even disappear? So I suggest holding a few coins if you want to invest and do not just focus on 1 coin.

[megashira1]

No-one ever got wealthy diversifying. If are are bold, confident, and believe in your vision go for it. You must however be able to stomach the pain if things do not initially go the way as intended.

This is where believing your vision comes in.

[Abu Shadow]

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.

Yeah don't put all your money in just one basket, remember that this is a high risk investment and you should diversify it also to other currency which you think has potential to grow. In this way you reduce the risk of your money as other coins can absorb your loses if the other coin has lower its value.

[Tanya78]

I advise you to invest in a few coins. Especially Bitcoin and ETH.

[rajurathod18]

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

We all know Cryptocurrency markets are very volatile & we cannot predict what will be going to happen tomorrow. investing all your funds in single altcoin can be riskier or it can be profitable, its all depend on coin or token which you are investing. if you invest in some already established projects like Ethereum, NEO, Ripple, ADA, KMD, STEEM, XLM, XEM, KCS, BNB, HT, Monero, Dash, BCH, LTC & most important BTC your risk losing investment will be lower. As you said you are little investor why don't you invest your all funds in NEO, Just hold it for a long time you will get passive income in terms of GAS also there are chances of getting free airdrops to in future. Neo is presently Down around 70% as compared to its ATH Value & its good time to enter in NEO.

[aysg76]

I advise you to invest in a few coins. Especially Bitcoin and ETH.

Well, investing all in only one coin ain't safe. As if the crypto fails to meet up the expectations, then you have to bear a heavy loss. So it's better to invest in parts, especially in the trusted and the established ones so that if one fails, the loss gets covered from the rest and moreover this diversification will reduce your focus on one particular coin. Due to BTC's governance in the market, I suggest you, invest a major part of currency in it and rest in the ETH or other altcoins...

[BurakXel]

We need to diversify our investment in all Altcoins equally investing in one coin will ultimately lead to loss all money or else money blocked

[keskass]

if you invest like that, there are only 2 possible possibilities .. you will get multiple times doubled or you will lose your money just by once refresh only, your chances to earn big money is big. but also calculate the risks that you will face