Do we need to diversify?

[k-west]

Yes,every cryptotrader or investor has to diversify cryptoportfolio.Espesially If you invest not only in bitcoin.I prefer to have 50% of my funds in btc and the rest in top-20 coins of the cryptomarket.

[KTChampions]

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.

In fact, if we maximally diversify our portfolio, we will receive a profit or loss according to the market index. For beginners, this is acceptable, but it seems to me that professionals wants bigger money.

[Seeker#9]

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

The risk is higher if you are all in on a coin while in diversification, there are more chance of winning a trade and you can able to recoup your loss on some coins. In diversification, choosing the right coin is also important by researching them to find coins that have the potential for sure profits in the future.

[EL-NIDO]

I think it is a good option to diversify but it is not only buying different tokens. You need to choose also tokens in different sectors. That is what I did with my portfolio. The market is too volatile and it will be not a good idea to invest in only one or two projects. Just minimize the risk for a stable portfolio.

[thunderbitz2717]

We need to diversify because putting all of yours in one thing can be very risky and can put you into something very deep that you can't get out of it. Diversifying provides the option to put your holding into different aspects/projects so that if one fails you don't lose entirely and if one works out you gain from it. Its just playing your holding right and placing them properly.

[l10no]

we don't have to have one coin to get a big profit one time. we can have lots of coins to get bigger profits, it depends on our ability to buy lots of coins. all the coins we buy can be used as assets in the future.

[kcgk]

Diversification sometimes reduces our earnings, but I still support diversification. After all, just holding a currency will greatly increase our investment risk.

[oludare1]

Diversification! That is it, putting all of one's investment in one coin is very risky and this is not a good feature of a rational investor. We need to diversity our investment so that we can spread our risks across. If one coin is suffering it is possible the other will be paying us.
If you want to invest big, please diversity.

[1C6fV5DtakfKANLJ8GUV7hCaA]

We need to diversify for the risk to go lower. The eggs are not in one basket so if one basket falls, not everything is broken. You understand the point right?

[LUCKY21]

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

Because the risks always need to diversify. And in the crypto currency market, this must always be done. Thus, significant losses can be avoided. Diversification of risks is the first rule of the crypto-investor. Therefore, I advise you not to neglect it.

[kdiag]

diversification is an obligatory rule when investing, especially in the cryptocurrency market, due to the strong volatility there is a possibility that one coin will not bring profit or will be at a loss.

[shiningstar]

Of course we need to diversify, we don't know what will happen in the future so it's better to spread the risk rather than put all your money in one place, although the project is good, if something really unfortunate happen then it can make a major blow to the price and your investment. Diversify is important but you don't have to diversify it into too many coins.

[kristinkamal01]

If you save only one coin, you can defeat and lose everything, and when you have several different coins, you have a chance to earn buns and lose less, so it's better to buy different coins.

[Coffeehot]

don't put all the eggs in one basket . this is the consensus of many investors . the same applies to investment encryption . diversify your investment , your risk will be much smaller .

[arunakiran]

That is depends on you and confident over your holding coin. The only thing diversify reduce the risk. As per my knowledge never put your whole amount in one basket.

[cabitu]

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

Diversifying your investment instruments is one best strategy to control and minimize our investment risk. That is why in crypto investment you should diversify your investment in several coins like bitcoin, eth, ripple, etc. This strategy can be done either in short term or long term investment. It is strongly suggested not to put all your money ony in bitcoin or eth.In summary, don't put all your money in one basket of currency. It is very risky. 

[MoneyCrafter]

It is necessary to diversify. Although the market is declining now, it is also necessary to decentralization of funds, only to put money in bitcoin, although it can resist the greatest degree of decline, but at the time of rise, all the money will not get more income in the bitcoin.

[Freezingel]

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

You can do that but the risk is higher aswell. I almost lost all my money when i have nano in bitgrail but good thing that i diversify my portfolio into several coins, if i went all in on nano then i will lose all my capital. Diversify is important to prevent something like that from happening, the profit may be smaller but it is way safer.

[mitsarasss]

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

I can say that you must diversify your investments, because you should minimize your risks. It is smart strategy.

[rvlrshr]

You need to diversify it so you could still make profit on other coins and it won't just focus on a single coin