All my money in 1 altcoin - Too risky?

[bittick]

today morning all my money in bitcoin ..my predict was good, it just a positive coment on SEC member about ETF and  bitcoin rising nice, and i regret not buy xlm in sharia project

I too think that the SEC news is what make bitcoin pumped today and it's such a really good news. Not only that, other altcoins are pumped aswell.
Maybe we will hit all time high for bitcoin very soon and then mark a new record, good thing i still keep majority of my coins.

[Freddoe]

Yes. It is very dangerous to invest altogether in an altcoin. You can invest in BTC or ETH. But with altcoin that should not do. Can scam or die at any time. can get a discount quickly after a few days. Invest in many altcoin and scaling appropriately

[IcoBale01]

I suggest divide your investment into 2-4 altcoins we can never expect how volatile prices everyday if you focus on only 1 coins maybe if price will decline and took long to recover its a big loss for your investment.   

[Mendozaa]

Risky any investment in the crypto currency, if you are confident in this project, then why not take a chance

[light22man]

I think it's a very bad idea to put all money in one coin. According to the risk/ reward technique, you have to high risk.

[spngebob]

keeping some of the money in Ethereum can save you from harm and I recommend that you deposit 2 different altcoin

Keeping money in many alt coins is better, investing in two or three alt coins is very risky, only one alt coin has to blow and you will make nice money. Of course, you can go with ethereum but in my opinion it is better to invest in cheap alt coins. If you still want to suggest someone to invest in ethereum, maybe to check other undervalued smart contract platforms.

[herateza]

Yes, it is risky. Better to divide your money into 3 to 5 different coins so that there is a possibility to make it more secure and avoid a big loss.

[cergikom]

Of course, it is too risky nowadays to just rely on one type of asset. You should learn how to diversify your investments by not relying on one altcoin only. As the old saying goes, do not put all of your eggs in a single basket. You know why? If one goes down, all of it would go down too. By putting some of your funds to various altcoins, at least you would lessen your frustration or disappointment in case the market falls.

[sulendra12]

Yes, it is risky. Better to divide your money into 3 to 5 different coins so that there is a possibility to make it more secure and avoid a big loss.

Yeah, it could help you to avoid a big loss. But, to make it more secure? That's wrong, there is nothing related between secure and how much coins do you want to invest. The possibility is still the same you can still have the same risk of being loss. The only difference is the amount you want to spend.

[andrebai]

I think its just madness to put all mone in 1 coin ( don't count if its Bitcoin - it works like an index for crypto market.). You can lose all your money or some other coin  will make a bigger gain

[divowok]

I would never go all in one one asset in such a speculative space. Check into ICOs, there is some good money to be made there, especially when researched well.
I have a few that i would recommend looking into.
Deedcoin is a cryptocurrency that will simplify real estate. Deedcoin customers use DEED to decide what to pay in commission costs when purchasing or selling a home, lowering the traditional 6% fee to 1%.

OPP Open Wifi is a community driven service with the sole purpose of creating a global, free to access open WiFi hotspot network and rewarding each contributor for being a part of their cause.

Orthogonal is an investment company that focuses their attention and resources on companies that almost promise financial return.

[AliveBuda]

All my money is in Ethereum as well, but I'm not holding it for too long since I'm planning to re-invest in upcoming token sales. This July has a couple of good projects like Menlo one and ViValid. I think it would be better to risk on ICOs rather than sell my eth at a loss or keep holding and hoping.. Menlo in particular seems like a really good project since it plans to be an ICO marketplace. It's gonna be like ICObench but with a lot more stuff to do.

[CptThomas13]

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.

[nurbay]

If you are investing for all your money on 1 altcoin then that is a big risk.
You need to split your money into some altcoins that have good potential to develop into coins that have a good price in the future.
We recommend that you buy the coin into the TOP 10 Cryptocurrency market.
In my opinion, you should hurry to decide.

[Zveresk]

Never put all your eggs in one basket. It's risky. Better split your investment in several altcoins. For example buy bitcoin, ethereum and after some altcoins what you want

[sundul]

Put your money in one coin I thought it was very good. If you put your money in a few coins is certainly your risk will be bigger and for the current market conditions are difficult. You can put on a single coin as ETH coins are very nice and already has many users.

[Davil]

Yes, it is, you should diversify your risk between different coins and if you can between different assets apart from crypto too, as it seems that nowadays all the coins move according to the performance of the King Bitcoin.

If you're thinking on investing little money it could be, but for bigger investments DYOR and diversify. Otherwise you're gambling.

[pacifista]

Thats too risky my friend just what other people say, dont put all your eggs in one basket, cause what if the coin you invested in turned into scam or suddenly go down deep you already lose.

[bagaiskwpps212]

Yes, I think you should invest in to develop more. But you need more money

[Sylvial]

Having all your money is more like a gamble and is extremely risky. Should the project go down, you stand a risk of losing all your investments within a short period of time. While going all in on one altcoin can be rewarding if the project does well, it can rekt you faster than the speed of sound. Invest wisely. Spread your investments