All my money in 1 altcoin - Too risky?

[tyas pur]

If you make an investment and only on one coin, this will be risky.
You should divide your money into several altcoins.
Because the Cryptocurrency market is not certain, some are experiencing an increase and decrease.
I think if dividing into some altcoin then it will minimize the risk of loss when the price of Cryptocurrency in the market has decreased in price.

[Hirikama29]

Having spent all of your money investing in such a coin will make it much easier for you to lose money, because your investment is not high if the coin falls. You can damage the big we should split out to invest

[helenmitchell44]

Not a good idea. You could lose everything or get a lot in return. It's like a 50/50 chance. I don't like that. Way too dangerous to pick one coin. I personally would invest in multiple that way if at least one moons then I can get a decent return. So y

[Kool5]

You invest your alcoyin this is a small loss. Or you decide to win such methods. What would bring a lot of alcoves can lose one. I, too, probably would have acted as well. Good luck.

[Andrea23]

I would highly recommend againts it. Expand your horizon and don't put all your money into one thing. If it doesn't work out then you lose all your money. Putting it in multiple coins may have a better chance of a more profitable return. Too much risk when there is only one coin involved. Too many scam coins and projects these days so better watch out.

[biksa]

I believe that in such a highly risky area it is best to allocate this risk. Especially for you, it seems that this amount is significant, and losing this money is not an option at all, and investing the whole amount in one coin - there is a greater share of the likelihood that the investment will be frozen for an indefinite period (in the sense that the market may not grow for a long time). Divide This money and buy a few coins.

[royaljack200]

It's always better to have a wider portfolio. I wouldn't risk it on one single coin. Especially when you can't afford it. I usually don't put a lot hopes up for new coins. Not all coins are going to turn out like a bitcoin or ethereum. Doing research on the coins is very important before I invest.

[btcmegastar]

Yes, it is very risky because if you keep all your money in one coin is not good. So it is always good to divert your money to different other potential coins which will help us to cover the loss when other coin prices drop.

[moonblocks]

Diversification is essential to a building a portfolio that will perform well so it's not ideal to have all your money in a single asset (unless its Bitcoin)

[Maricurijohn]

It is risky because almost if a penny falls you will lose everything, in my opinion you should invest a minimum of 3 coins, thus reducing your risk, and can increase the profit margin. if you hold a lot of potential coins.

[aggress0r]

Well according to the current market conditions that almost every coin has drastically fallen I would see the face of the lucky guy who managed to place all bets on the right asset. 

[Unplugged]

It is very risky to go all-in in 1 coin. You may be gaining a lot, but remember that you'll also be losing 100% of your money when the unexpected happens. It is better to split up your money to maybe 3 different coins. Broaden your horizons. In that way you won't be losing much and also more profit potentials for you.

[Mr.Stinson]

It definitly is too risky. Never put all your eggs into one basket! What if it fails? All your money gone...

[pealr12]

Definitely not a good idea putting all your money in one  altcoin , unless those coins you are picking where to go all in is bitcoin and ethereum only.

[akihiro101117]

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 dont think that diversifying your capital is not an option for low capital investment in crypto. i believe that if you focus your resources on one target, you may gain higher profit than diversifying it to 3 coins. the more the transactions, the more the risk to be rekt

[eup]

Not all altcoins will make investors lose money. I think the $500 investment is more suitable for concentrated investment, so that you can get more profits!

[gigusico]

I think it's a bit silly to put everything in 1 coin, it's better if you distribute your funds to several coins

[lolchina]

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.

[larryjack]

Investing in Crypto is a risky investment, so you should not put eggs in the same basket for even distribution. With $ 500, you can invest in 3-4 Altcoins. The interest rate may be less but it is safe for your capital.

[HotHot143]

I would highly recommend againts it. Expand your horizon and don't put all your money into one thing. If it doesn't work out then you lose all your money. Putting it in multiple coins may have a better chance of a more profitable return. Too much risk when there is only one coin involved. Too many scam coins and projects these days so better watch out.

Yes really agree with this one diversifying your portfolio here is the best way to minimize the risk and could also take more profits. Just make sure you always search everything before putting your money on it so you can avoid those scams out there because it so many here. Goodluck everyone.