Do we need to diversify?

[Krabat]

Why do we need to diversify our holdings? why we just all in in one coin to have a one time bigtime profit.

Holding all your money in one coin is a very risky option. If something happens, you can lose everything. Diversification is a reasonable action for the investor.

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[rallyko]

You can hold everything in one coin if you are 100% sure of this coin.
But in any case, the price of your coin will depend on the behavior of bitcoin.

[peleng]

You can hold everything in one coin if you are 100% sure of this coin.
But in any case, the price of your coin will depend on the behavior of bitcoin.

You can refuse to diversify, but only if you keep bitcoin.    In fact, diversification is very important, it helps to reduce the risks from investing in altcoins.

[joeydangerous]

Why do we need to diversify our holdings? why we just all in in one coin to have a one time bigtime profit.

You don't need to diversify. You should do it to keep your risk low. Yes you limit your big hits, but then again how many big hits do you have?

You gotta diversify if you have a lot of investments within your portfolio. You can get a negative account balance if the coins are only in a single investment.

[cryptoatomic]

Of course you need to diversify your investments,because if you put all of your money into some coin and it fails you will lose a lot of money probably all of your investments,that is why we shouldnt be doing that putting all eggs in just one basket could make your ass shake,and you will be just surprised and you are done.

[vaso11]

Why do we need to diversify our holdings? why we just all in in one coin to have a one time bigtime profit.

If you are ready to take risks, then of course - risk and keep everything in one coin, because if you win you win a lot. But if you lose, you lose a lot, also.

[Kabul]

It is better to hold a coin than hold a bunch of coins. It is hard to control all of them. And if we want to take profit from our coins, we can sell them and jump to another coin without any problems. 

[Balab01]

I think that if you now buy a few new coins, you can make a good profit. The main question is what to choose. New coins are not so stable and more vulnerable, although they have more volatility.

[Semen89]

This is the main rule in this market, if you do not do this you will be able to lose everything at once. And if you divide it into equal coins, your risks are reduced

[popolite11]

Why do we need to diversify our holdings? why we just all in in one coin to have a one time bigtime profit.

Diversification is a first rule in the strategy of creating portfolio. On my mind it is much better to put money not only in different coins but also in different areas of economy. For example cryptocurrency, real estate and something else.

[arunakiran]

Diversifying is to minimize the risk.
If you want to take risk, then no need to invest in multiple coins. Just keep all your investment in one coin. and choose low risk coin other wise you may loose your most part of investment .

[hilman89]

I think it's considered a good practice to diversify but you can choose to put all your attention into one coin and play it very securely so focus on the coin only.

[l0uisStanley]

I like to keep my coins diversified because I consider I have more options this way to grow my incomes

[kruzer200]

Given that the situation on the market is now very unstable, I believe that changing coins and investing in something completely new would be silly.

[ledybitcoin]

The main rule of investment is diversification. Of course, this is necessary. You can not keep eggs in one basket, you can lose everything.

[miraxgr]

There is a clear need to allocate risks. And now there are a lot of projects in which you can and should invest. But now it is not necessary to do because of the incomprehensible situation in the market. Growth on many coins is still not observed, but on the contrary only fall. When the situation stabilizes it is not known.

[junjunsalsalani]

Of course putting your investment into one's coin is super risky because if that coin will fail like most of these coins always does,you are going to lose a lot of money if you dont know what you are getting into,the cryptocurrency market is too volatile and you need to know how the market works so that you wont be affected by its volatility you need to adopt and dont try to put all of the eggs into one basket or else you could lose all of it.

[Emilyearl]

Diversification helps minimize risk. You don't only diversify in Alts. But also stay in Fiat, Tether, Bitcoin, ETH then Alts. Divide your capital and give each area a certain percentage even if anyone is trading at a loss you have other backups. If Bitcoin drops, you can buy in with Tether and make some profits and vise visa.

[bratbu]

Yes of course you need to put your investments into coins,because risking everything into a single coin could rekt your portfolio easily especially when the market is dumping like what we have right now! theres no certainty with the market movements,everythign can happen you could lose everything in an instant that is why you need to have a good risk management.

[freakslot]

it's simple, if you invest everything in one coin and it is a Scam, you'll lose everything. accordingly, we need to diversify, and if you invest in several projects, not only reduce the risks,but also increase the chance of profit