Do we need to diversify?

[mimota167]

We always need to diversify the risks, in any situation, that the market is crypto-currency, which is in the usual market for products))) diversification is one of the main points of the investor who is competent and understanding.

[richminded]

Absolutely! Diversifying investments is Investment 101. Not putting all the eggs in one basket is pretty much self-explanatory.

We really need to diversify all our investment so we can have a greater profit and if something happen to your coin, you still have other option for profit. Investmenting is very risky, and to lessen that risk diversification is the best thing to do.

[trollercoaster]

Did anybody say "to reduce risks" ? 

Seriously mate, in a volatile economy you need to diversify your assets to keep them safe from crashing. Let's simplify...

You have 10 US Dollars.
If a war broke out between USA and Russia, of course, all of the world would follow but surely, EU would endure.
If USA loses, your dollars will be worth even more.
But there's a huge probability of Russia's victory and in that case, your 10 dollars can be used as toilet paper.
So, instead of risking all your money to be toilet paper, you get 5 euros for your 5 dollars. (Rounding
Now you have 5 dollars and 5 euros.
If USA wins, you will still profit from your 5 dollars, and you still have your 5 euros (which would also rise if USA won)
But if Russia wins, now you don't get to wipe your ass with all your assets, in fact, EU would win with any of the participants so your euros would bring you profit nevertheless.

TL;DR, don't put all your eggs in the same basket.

[rileynicole17]

It is needed to diversify our holdings because we don't know what every coins will be in the future. The other coins may go down low but the other coin stays then it would not be a problem to us because we have an other coins to look up to.

[psychie]

One of the best stategy in investing is not putting all your money in one basket. Let say you only invested in one altcoin then it price dump around 75% then 75% is your loss on your holdings. So for me, it is better if you diversify your money to lessen the risk.

[emmanmalaman]

Just like what I learned with any kind of business, don't put all your eggs in one basket. The crypto space is a very volatile market, one time you're mooning, one time you're going to hell.

[genixye]

Diversity helps to reduce risk. All of us should be aware of the risks of market volatility, so diversification is a viable option, buy and sell at a low price and sell when the market has returned to a repeat cycle, and make sure you're making a lot of money.

[BlackRacerX]

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

Have you heard of the saying "Don't put all your eggs in one basket."? Well, it kinda works with cryptocurrency as well. If solely invest in alt coins, alt coins might crash. Alt coins are more risky compared to bitcoins. So imagine if you invest all of your money in one coin?

[cbdrick12]

Obviously yes, in this kind of business or market it's hard to put all your money or savings into one investment. Let's say that it is kind of a great investment per say. But all of great companies die out or run out of steam perhaps. Even Bitcoin did drop and lost so many investors in the past months or years. Diversifying can really help an investors to check and qualify for more options on monetizing and giving his/her money into an organization.

[Sithara007]

There are merits and demerits associated with diversification of cryptos. The advantage is that it reduces your exposure to a certain coin, if it dies out. The disadvantage is that it increases your risk of investing in some scam coin and losing a part of your capital.

[001Blockchain]

Remember that putting your investment in a single coin is not only will give you one time big time profit but in the other side it will give you also a one time big time lose. That is why diversifying capital is better to minimize the risk. In this case, if some coin lose others will get profit atleast the capital is still balance..

[jones stone2505]

Yes we need to diversify all of a sudden all altcoins are dropping some of them are pumping, that's why I recommended that anyone who has a lot of money can diversify their money.

[Siren]

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

offourse only if you can find the coin that will pump on the process and i will assure you it wont happen because its only once in a million chances.diversifying our folios will allow us to have many opportunities in generating earnings.

I use to try that solo holding but until i got tired still my coin didnt give me enough profit ,thats why when i invest again i bought 2 tops coins and 5 other altcoins ,but suddenly dip happens so i had to wait again until they recovers

[ujinice]

Because there are new projects that are more technologically advanced than the old ones and supplant them, investors monitor their money and reinvest in more promising projects. I think that this is logical.

[Matcuda]

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

And you can also lose everything that you invested, but only a small percentage. Therefore, diversification is necessary as a means that can protect against complete bankruptcy and collapse. Do not ignore this when the market is unstable and not supplied with logic.

[cewekimut]

Yes, I diversify the tokens or altcoins for my holdings and savings. Now, we must know how to manage our coins to be a good trading amounts or for hodl or long investment. Diversifying will impact the strategy and result of our efforts. Just make such good diversity and manage it well.

[housebtc]

Diveristy is part of investment from time, just becaise most of this projects have different roadmaps, just look at Tezo for example, no one anticipated what happens among the team, just imagine one has invested all what one has in that ICO, on would have missed so many returns on investment, like ICON, Wanchain, Cindicator etc

[Windwolf]

Since you are investing more than one token, the risk is higher. I think that you can choose several kinds of tokens that have potential for development. This can avoid major risks. I think there are potential coins on the market that are Ethereum and EOS.

[yasuo632]

I think investment needs to be diversified. This can reduce the risk of investing in cryptocurrencies. I think maintaining the five cryptocurrencies is the surest way to invest.

[Emery Clark]

Of course diversification is a good strategy. But in fact, if an investor has only a small amount of money, it is impossible to diversify your portfolio. In that case, the investor has to research carefully and consider all its information meticulously before choosing the best coin to invest in.