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
Its a big risk if you go all in but at the same time it is also risk to invest in lot of projects . What I mean investing is risky so it does not matter for me if you invest only in one altcoin or not .
It seems to me that situations are different. I participate in Bounty companies and if possible, I sell coins at the best price. But I sell everything for ethereum, which is stored in my wallet. Thus, all my assets are in ethereum, since I trust him the most.