Do we need to diversify?

[cryptopusa]

Yes you need to diversify,because if you did put all your investments into one coin that is surely going to get you in a bad situation.Putting you into trouble when the market has started ti fail you could lose everything you have invested,that is why we need to have a good risk management to prevent further losses when the market seems to be failing.

[cryptopussies]

Yes it is the move we can do to put our money to different types of coins so that we arent going to rekt fast,putting all your money into a single coin is surel a suicide,you are literally giving away your investments to these market manipulators who are making a lot of money out from these bloodbaths so best move will be to have a proportion of bitcoins + altcoins in your portfolio.

[Bitcoinjheta]

Personally in this strange trends of market i would go to diversifying coin not in just one coin but rather in 2 or 3 good enough to minimize risk becuase we don't even know our coins ability if they are mostly affected by the circumstances making it hard to profitable once the market return to its normal price hike.

[Gotomoon]

For me you need to diversify your investments for you to have lessen the risks. All of us should know the risks the volatility in the market. Good to invest in different coins that can gives you other profit not only in one coin.

[panghae]

Yes you needed to diversify your portfolio because if you didnt putting in few coins especially with these shitcoins could have give you some big losses today,you need have more bitcoins in your portfolio so that these bloodbaths can be profitable ,buy from the dips and sell when the market has recovered repeat the cycle and im sure you will be making a lot of money.

[Fatunad]

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

Having many would be always better than on having a single coin. Always diversify not only on dividing the possible risk but also having a higher potential possible income came from your other investment. Dont just think on having single with a possible one time big profit. What if the situation would turn upside down? We wont even know if it would go as we expected or into opposite one. Having a single investment and in times of loss,then recovery would really be hard.

[bigdogdan2]

diversifying is always good.  There is no sure bet so best pick a few of them.  There are many crypto to choose from.

[ProofOfLambo]

You decide the level of risk that you would like to have, that is either diversify for less risk or concentrate for high risk and high profit. In crypto risk is anyway high.

[PuertoLibre]

In order to keep risks on low level diversifying among less risky coin/tokens can give you better approach. Diversifyin among top 100 coins is less risky compared to diversifying among 200 sh*tcoins.

[pooque]

Investing into a single coin especially one single shitcoin is suicide,you will lose a lot of money whenever these market manipulators are going to dump the market,your coin will lose a lot of value and that is for sure.The market has high volatility that is why it is risky to put your money into one single coin that could fall and rise all of a sudden.

[cryptopan]

Putting your money into single coin is surely a suicide,you need to know that the market has high volatility and it could rise and fall in just a matter of hour! you need to have a good risk management to achieve success or else you are going to get rekt too fast,never put all the eggs into one basket so that you will still have options.

[kakawin]

diversifying is always good.  There is no sure bet so best pick a few of them.  There are many crypto to choose from.

Diversification of investments is one of the rules of correct trading. This helps reduce the risks of failure and increase the chances of profit. Personally, I use diversification and I advise you to do this to everyone.

[realsmans]

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 is better to invest all in 1 coin to gain big profit... But how can you be sure that exactly your coin will rise? How you can be sure that your coin will not die like did bitconnect? Think about that, bro)

[bright07]

It is better to diversify according to the amount. If you have small amount then it is of no use of diversify. Otherwise do working while concentrating one side.

[ROB18]

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

Again, the golden rule states to "never place all of your eggs/tomatoes in one basket." This has proven to be true time and time again.

Diversifying your portfolio will increase your chances of earning profit in this market. If you stick with one coin, you may be fortunate if it sky rockets as "one time big time" would imply. But what if it doesn't? What if you got stuck and you couldn't get out because there is no one else to help you? This is the same with cryptocurrencies, you cannot rely on just one token/coin. We will always need some back up...

I agree with you. As always said, we have to minimize the risk and that is through diversification. Putting multiple invest provide us the chances to gain on different coin performance and also protect us from the risk of price dump. End of the day, It's better to have multiple legs to stand firm and better. It may not be fast but it is steady, solid and safe.

[Invest-or]

Yes, the more coins the better, it is too risky to just hold a few of them, it is much better to create a wide prtfolio than to risk everything to one or tow coins and then not selling in the highs.

[manggis97]

Diversify of risk is important when make invest in crypto because too high volatilty can be make big loss. So before make invest or trading should be know how to diversify the risk. Many investor and trader surprised when get big profit in crypto but will be the same when bearish market, will be any posibility in big loss. Diversify from crypto to other asset like stock or gold is one of the way to reduce the risk when bearish market of crypto.

[skinomanl]

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 necessary, in the first way, you reduce the risk of large losses. Secondly, there are a lot of coins in the market that are available to anyone and this is an opportunity to get more and more importantly quicker profits if successful. So it's just a vital necessity to survive in such an unstable market.

[Valturbo]

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

To succeed, you need to learn the basics of investing. My recommendation is the share of bitcoin in your portfolio should be from 25 to 50%. If you love stability, then take more altkoins from the top15. If you like to take risks, you can buy coins from the top100 after having studied their potential.

[carlbreezy]

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

For a safer investment. You are still correct in "just all in in one coin to have a one time bigtime profit", but are you really sure that single coin will pump? If that coin dips, then all of your money will also do. That's why you diversify. Some of your coins may dip but some will also pump for sure. That way, little by little, you gain profits.