Do we need to diversify?

[NeedIfFindIt]

I know that sometimes there is a temptation to put it all in. But unfortunately such a strategy rarely brings positive result. Diversification can help you to reduce risks and to strengthen the value of your assets.

[1714186450]

1714186450

[blo8i]

You actually can go all-in if you're 100% confident that a coin will pump. But how can you? Let's say China will ban bitcoin once again or SEC will say smth (which might end up being a false story).

[Erzinnum]

because we cant be sure if the coin is perspective and our investment is safe, or it will not be that perspective and we wll not get expected profits

[setancredit3]

I think if To keep watch if our coins will go bankrupt, but we will not lose everything, then better diversify investments in different potential / altcoin / token coins. Hodling one coin can provide a high profit but on the other hand if the price drops then all investments will be affected. As the words do not put all the eggs in one basket.

[edaikuan]

Pick from the top coins

[kl8847]

I think yes, diversity is a good thing, because you can never know in advance what will be happening with the particular coin in the future. And if you have it - it is more simple to catch the opportunity!

[nguyenloan52595]

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.

[BooMoon]

Yes, diversification can reduce investment risk, and perhaps it will bring you more benefits, but choosing a good cryptocurrency is very important, so it is recommended that you can choose among the top 100 cryptocurrencies of market capitalization.

[lulutika]

We need to diversify our coin in the account to minimize the risk in this market.
That's why we have to manage the portfolio so that these failures do not affect our altcoins too much because I'm sure the author, these coins will recover from the ears. this

[bournekin]

Very need. It is not only diversifying our money for some coins. We must also diversify the coins for day-trading and long holding. It is important (in my opinion) to face every possibility happen on the market. The volume and value of the coins will be different day to day. therefore, never make us in the big risk by only investing our money in one or two coins.

[thuthi13]

Investor for the success of his investments must necessarily diversify the possible risks in any situation. This is understood by every competent and experienced investor.

[karthcrypt]

There is no gainsaying about diversification of our portfolio at the current state of cryptocurrency market.  Many people will get burnt,  but those that have diversify early would have been hedged against loss!

[f150]

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

yes it must, because for the sake of security and comfort verification pengua it is very important so that no things that do not want. one or two coins can be even more if the coins are very promising, because if more than one coin is invested then the profits can be not only from one coin, but each of the coins invested will benefit.

[honey0199]

Diversifying your investment is the  best one can do to minimize risks. No cryptocurrency is predictable so you can not really say a particular coin will keep rising to get  you the profits.You need to have several of them so that as some decrease in value, others will increase thus making your holdings a bit stable.

[danchozind999]

Of course. Not diversifying is going to be one of the biggest mistakes that we ever commit here in the cryptoverse. It is like you are putting them all in a single basket, and once it falls, all of them are gone.

[buy_crypt_sell]

Diversifying your money, you increase your chances of profit. For example: If you invested in one coin of 1000, your chance to guess 1/1000, and if you invest in a few coins your chances increase significantly.

[forestgunman]

I prefer diversifying my investments and holding several coins at the same time because even though one of them has dropped significantly in price, the rest of them may make up for this, and reduce my loss.

[lkcryptostar]

Anyone who's read up on basic principles of investing knows the golden rule for making any investment portfolio work over the long term is diversification. When you invest in multiple types of assets, with multiple levels of associated risk, you spread your risk out and increase your chances of finding a better-than-average return.

[avirdoz]

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

One coin, one big profit... if everything was so simple. Yes, it can happen, but it is unlikely that there will be no coins in the market at the moment which are profitable. Distributing investments in different currencies, we reduce the risk of losing a large sum in the event of the fall of one of the coins.

[nguoicandam]

In my country there should not be all eggs in a basket. It is a risk-taking method rather than a profitable search