Do we need to diversify?

[MonsterBlazer]

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

No, if you really know which coin will explode.

[DDamiRR]

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

In any market, diversifying your holdings is the best way to minimize risk. Even if you diversify your portfolio, I wouldn't recommend investing in all the money.

Complete agreement. It is necessary to diversify not only the investment portfolio. But also you do not need to invest everything only in the  cryptocurrency.

[KXC247]

Yes, we do.We really need to diversify our investment in several different coins. Profit potentials of different coin are also different. It is also intended to control or to limit your investment risk. A wise advice to note is that, dont put all your capital or money in one basket of currency or coin.

[cryptowye]

I am diversified into several altcoins. I believe no one should throw everything in one basket. Furthermore, this market is extremely volatile, the high and low tends to be wider than other markets. Just trade with care, and gain experience more when you trade/invest more.

[hummer113]

But on the other hand, the one who risks often gets a very large profit, although you need to be very careful and attentive.

[minatour]

of course we have to diversify because it is a rule and to keep the assets we have because crypto has a very big risk but if we follow the existing rule then the assets we have will be safe

[Television123]

Of course you need to diversify your investments,because if you put all of your money into some coin and it fails you will lose a lot of money probably all of your investments,that is why we shouldnt be doing that putting all eggs in just one basket for security reasons and diversification reduces your risk to a minimal level

[tranquann555]

It's necessary to diversify risks if you want to make money as a crypto trader/holder. We must do our best to minimize risks and diversification is one of the best ways to do this.

[Sysmark]

Yes! It is much needed as the market is really volatile and diversification is a strategy to minimize the risk factor.

[franklin hoses]

Yes we need it, if we just invest in one coin  and the price is go down we will have big amount of losses

[hiburak]

That's a good question. It depends on how much risk are you willing to take. I think it is always good to be well-diversified and protect yourself from market ups and downs as much as possible. But, if you really believe in a project or a certain cryptocurrency, I don't see why not you risk a good chunk of your holdings.

[huytu229]

Diversifying our holdings for trading or investment is actually part of our strategy. To invest in more than two cryptocurrencies is a good way to minimize the risk of losing all holdings and also to gain more profits based on the market price. Of course, it is better to put our money in some good coins than only in one coin.

[viva99]

Diversifying our holdings for trading or investment is actually part of our strategy. To invest in more than two cryptocurrencies is a good way to minimize the risk of losing all holdings and also to gain more profits based on the market price. Of course, it is better to put our money in some good coins than only in one coin.

I think it's still a question of whether it's better to focus on one, but very successful project, than to squander your strength and attention to a lot.

[neite99]

with the big profit also comes the big loss. A friend of mine invested all his portfolio in a single coin and when this coin`s price fell he couldn`t make any trades for 2 months as he was in dip loss.

[viva99]

with the big profit also comes the big loss. A friend of mine invested all his portfolio in a single coin and when this coin`s price fell he couldn`t make any trades for 2 months as he was in dip loss.

Yes, by the way, I also have an acquaintance with a very similar situation)

[chuanpu]

Yes, I think diversification is a very good choice, because big diversification can greatly reduce the risk of investment, and there may be more gains, so I suggest diversification.

[miraxgr]

Risk diversification is one of the economic principles, the essence of which is to minimize the risks in investment activities. Diversification is the distribution of investments between different investment objects that are not directly related to each other. I believe that it is unwise to invest all the money in one asset. The cryptocurrency market is very unpredictable and has a huge volatility. So you can quickly make and quickly lose money.

[arun9900]

diversified and protect yourself from market good news is that in meetings, if you aren't prepared, you can just flash the laser pointer on the wall to keep him occupied !!

[dmgrinko1@gmail.com]

Diversification of capital is what everyone needs to do for more structural growth and selection of the portfolio of our assets with a backdrop to future growth and less significant falls. If our portfolio reflects the mood of crypto-economy as a whole, then it will be more resistant to changes in the market, to the actions of regulators, and this will protect our investments from sharp falls in rates and other negative factors that may be inherent in the risk capital market.

[Snakerist]

We need to do it to decrease risks. But if you take this risk you can go all-in for much bigger profits.