Do we need to diversify?

[mariangpalad]

Why would you go all in in just one coin? the market is too volatile and if your coin gets dumped you wont have any chance to recover from these bloodbaths and it means it is a game over for you,that is why we need to have atleast solidcoins from our portfolio but do not forget about bitcoin's dominant you still need to have  60-80% bitcoins in your portfolio.

[1714998478]

1714998478

[1714998478]

1714998478

[1714998478]

1714998478

[1714998478]

1714998478

[Kiefner]

Well, because personally, I want to protect my investment. I invest all my money in one coin, then if something happens to it, you will lose all the money. And if you invested in two coins - then if something happens to one of them = then you still have half of your investment. The more you try to diversify your risk - the better.

[Meraki]

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

It is a common sense dude, we need to diversify to lower the risk of losing all our assets. Imagine if you placed all your asset into one coin like bitconnect, before it worths hundred of dollars look now it is only worth 1usd. This is the main reason why we diversify so that if the other one fails you still have another coin in your wallet

[Stimah12]

Diversification helps to minimize loss in doing business, when you invest in multiple projects, you'll have one to fall in when one fails you,
Diversification is needed in cryptos world because of it's volatility that happened in cryptos.

[setifien19]

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

What if the coin you put all your investment in drops dramatically Won't you regret ?
All in one investment seems to be really profitable but it's too risky as there is no security exit ( which allows you to minimise the loss ) .
In the other hand, diversifying your business by choosing a couple of coins / ICOs/ project seems to be less profitable but more secure , so you have to look at both sides

[Flamebellow]

I think every investor have learned on their experience , that investing all in one is extremely risky and may lead to a bankruptcy . Do not buy to much different coins , because it will be difficult to make everyday analysis and trading . Choose 5 good and perspective projects and you will be fine , diversification of your portfolio is a way to your financial success and stability .

[anhlandibo12]

It is not advisable to invest all your money in only 1 coin, as this will be very risky. Instead, you should invest and hold at least 2 coins to earn higher profits and avoid the risk that the crypto dump. So if you have a lot of money, then split your budget and invest in at least 2 cryptos.

[Nagrogflaz]

lots of altcoin are launched every time and this gives us the chance to choose the altcoin we will have so I think having some different altcoin would be nice for the balance of coins we have and keeping if the price of some altcoin goes down and we still have other beneficial altcoin

[gnaylor]

Yes I think it's a good idea to diversify because at this time market is in a downtrend so if we divide our portfolio and if some coins go down and some go up we can still get good profits.

[camryku]

I can't hold everything in one coin. It won't be clever enough. All money love diversifying, both digital and fiat. So you should use coins from top10 and top 30 to create save investment profile.

I think there is no No predictable cryptocurrency so you can not really say certain coins will keep going up Because there are many equal coins and not only one coin is much higher but at the same time we have seen a number of potential coins will rise much higher, therefore we must be careful in making investments

[alyssaxx]

Yes, it is a great technique in investing wherein you invest in a wide variety of portfolio. Since we don't know the trends of our coins it is better to diversify in order to gain.

[GFE]

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 use diversity for your savings you will have more stable portfolio. Small profit is much better than big loss

[Shadovka]

What you say is true also when you invest all your money in one token there is 2 possible outcome either big return for your portfolio or big loss to your portfolio which is like gambling and not investing, on the other hand if you diversify your portfolio although you probably will not earn as much as option 1 but at least your portfolio is safe from going negative and is more like investing. Everyone want to earn more however if you put all your money in one token and it does not turn out well (which is what we does not want to see) most probably you will go out of the market due to one token.

[oneidentity]

Diversify necessarily. There is such an expression - "Do not store all the eggs in one basket". And I completely agree with him. Investing in one coin, even if you are very sure of it, is a high risk of losing everything.

[krauzzer02]

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

If your pretty confident that the coin you are holding have 100% potential to grow given the market condition then do it but is there a coin possess 100% guarantee that it will return a skyrocket profit? probably there's none, there's no coin impose perfect accuracy that it will grow in no time in the future, those who invested and hold bitcoin until now accepted the bigger risk of investing in cryptocurrency, your going to miss tons of coins that constantly pump throughout the time and it was proven for the majority of legit top altcoins, reduce your risk and diversify in order to maximize the return on profit.

[yugyug]

In any form of invest whether it is stock market, business investment or cryptocurrency, we need to diversify to minimize the risk. Same principles with the egg and basket. Cryptocurrency market like altcoins are very volatile and there is a risk if we hold it for too long, except for the top 10 cryptocurrency like bitcoin which is tested through time, the rest we still have to speculate about the market that's why diversification is a must.

[phewinteristi]

I think to minimize the risk, so I think diversify is indispensable. If you use diversity for your savings you will have more stable portfolio. Small profit is much better than big loss  

[Ali Akbar Torang]

if you diversify your portfolio it will give you more chance to take profit and less your risk, and it also less your profit of course but if we see the choice what would you choose, less profit but more secure and highly chance to take profit or high profit but highly risk to fail and less chance to take profit? it's all your choice. but many investor took the first step.

[benteng]

Yes, we do.We really need to diversify our investment in several different coins. Profit prospect of different coin is also different. It is also intended to control or to limit your investment risk. A wise advice to note is : don't put all your capital or money in one basket of currency or coin.

[~Spawn~]

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

There is no such a thing as an investment that is 100% guaranteed. It's all about probabilities, and that's valid especially in trading. So my answer is yes, diversification is a must.