Do we need to diversify?

[kimjenglot]

Need to diversify because it is the only way to decrease our risks in crypto

Pretty much this is it. We do not know with certainty how our different coins will perform, if we did then we would invest entirely in to the best performing coin. Given we do not know we can spread our investments to limit risks, this is because crypto projects can succeed or fail for a variety of reasons we cannot see or control.

by way of spreading our investment in some coin is indeed one solution to reduce the risk of loss even risk of scamm.
but the success rate we must also see first, the prospective of the coin that we will invest, because it concerns about how much profit we will get

[Jimmy palumbo]

Because you're not sure if there's a big jump in this token.
So the diversification of the various tokens, then there may be a better profit, and the risk is relatively small.

[Adamant06]

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.

For me,definitely yes we should. Most investment professionals are agree on that, although it does not guarantee against loss, diversification is the most important component of reaching long-range financial goals while minimizing risk. It is important not to focus on just one investment,so we should diversify.

[askmecrypto]

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 must not just in crypto but in any kind of volatile financial investment. You never know if your one big coin holding drop you down by 100%.
By diversifying your portfolio in multiple good projects you can sit and rest assured as if one of your coin is going down, other is performing well and you are always on a stable situation.

[LeoEspansq]

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

I think this is wrong, diversification helps us choose those coins that can reduce our losses and risks. And if one of the selected coins does not work, then you can hope for the rest.

[STIKS1911]

The market of crypto currency is a highly risky investment, so it is important to reduce risks as much as possible. For this, diversification is needed. Just imagine if you are ready to lose your money if something happens to your coin? I also believe that you can invest in stable coins more money, and in new coins or ICO less money. So you reduce the risks.

[efey39]

There are many options in crypto currencies. it is certainly beneficial to increase the number of subcodes you invest in.

[ufaiz50]

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

Because crypto is volatile, we need diversify because to reduce the risk, if we all in one coin we will get big profit but if what we got is loss? our losses will be biggest, if you want all in one then remember the risk because sometimes big profit has big risk too and strengthen your mental.

[btcefeyigit]

It is always beneficial to diversify investments. There are a lot of choices in the world of crypto money already. you just have to do good research and decide

[Geoll29]

Diversification is always the strategy being used by past and present investors. This is for any type of investment like stock market or businesses. It isn't wise to rely in just one. We need to have multiple source of income. This is because if one fails you still have another one to rely on.

[1000 years]

We must diversify into investment. This needs to be done in order to prevent investors from losses. The biggest risk when we see for ourselves is the return is not optimal and the possibility he experienced loss (large).

[gorodi]

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

Of course, we need to diversify our funds regardless of whether we keep coins or trade. To keep all the funds in one basket is dangerous.

[Getcoinsite]

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

and if. Not is one time big time LOSS?diversifying our funds is having much option to gain or maybe to fail you are right when you said that its a one time big time chance,but were not here to gamble and were here to take chance in profiteering..as what they said is the more the merrier this is applicable in this forum also.so when your one coin dumps,you have more options for pumping

[charlotte04]

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

Yes of course we need to, like in the crypto currency market, we need to pick sets of coins to invest and wait for it to pump. And yes not all of them do pump.

[Cnut237]

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

Because if everything is in one coin, then if that coin crashes or the project fails, you lose money.
If you diversify across 5 coins and 1 crashes, you still have the profit from the other 4.

It is a way to reduce risk - but it does also potentially reduce reward. It's all down to personal preference, and how much risk you want to take, and how much you believe in a particular coin.

[ui_zakharchenko]

I'm quite happy with the set of my coins and I would not buy anything else for now. This is a big risk so far.

[BrBoy]

I agree that now there are a lot of quite promising projects in which it is worth investing, I believe that it's time to select several coins.

[jyotianand01]

Diversification is the best policy for money markets as if you buy one crypto coin and that crashes due to any reason then you comes in huge losses but if you diversify your investment in 4-5 coins and 1 coin gives you loss but others give you profit and you not loss anything and maybe you got good profits.

[max6575]

different use with unit of indication as referring use of details with the beginning chance as noticing preposition on entrance to work on running of manage as applying use of selection with the models on helping with the tasks of qualification

[Cryptokingind]

Invest in only one coin is risky, If we diversify our investment in different coins then we are on safer side because if one coin will be crashed then also we are the safer side due to diversity investment in different coins. This market is very volatile So that, we need diversification in this market.