Do we need to diversify?

[Mendy487]

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.

[Renskin]

I am new to this market and have lost 60% of my Deposit in the last six months precisely because of the diversification advice.  Because I had no experience I bought coins just on the principle of like not like that was a bad strategy. What is my personal mistake? Not knowing the market, I hoped to take off the violas with a small capitalization, I believed in their future and believe further. Conclusions: If I invested in bitcoin, I would be sure that no matter how fast it falls, it also grows quickly. The whole market is dancing to the tune of bitcoin and this should be understood. If you want to make money on altcoins in the hope of 100x then spend no more than 15% of the Deposit on these projects

[BruceJu]

It is possible to diversify investment or concentrate investment! Diversification of investment can make our risk smaller, but we may find it difficult to obtain stable profits!

[Emperor of Man]

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

As a form of caution it has been highly recommended, not to put all your eggs in one basket; and I must say it's one of the most important things a trader must always consider.

Very frequently, you encounter situations that an investment looks like the best thing ever occurred to you, you invest on it, and after a while you understand that it hasn't been a good investment at all. If this happens and you have put all your money on it, you're done!

You must put your money on at least 3-4 bags. Remember that...

[Xioma]

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

As a form of caution it has been highly recommended, not to put all your eggs in one basket; and I must say it's one of the most important things a trader must always consider.

Very frequently, you encounter situations that an investment looks like the best thing ever occurred to you, you invest on it, and after a while you understand that it hasn't been a good investment at all. If this happens and you have put all your money on it, you're done!

You must put your money on at least 3-4 bags. Remember that...

Well said.

We don't HAVE TO diversify but I think it's always a good idea to do so I think if you want to be safe.

[SERGOSTAP]

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

Because you never know which coin will grow and how much.
Therefore, it is better to create a portfolio of 5-6 coins that you think are promising and wait for growth.
So you average the profit and reduce the risks.

[vatican_shadow]

I think this is necessary, since when you diversify risks, there is more chance of staying with pants))) I do not recommend putting the entire amount in one token

[richardeames]

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

depends on how much risk you are willing to bear. The point of diversification is to minimize risks, when one asset is down another will back it up and you will suffer less loss.

[zhaviabieber405]

Because 1 big time profit could translate to 1 big time loss.

[bryant.coleman]

That depends on your portfolio. If your portfolio is mainly made up of stable coins such as Bitcoin and Ethereum, then I would say that there is no need for any diversification. But if the portfolio is rich in smaller altcoins, then it is a different story.

[NavySeals]

That depends on your portfolio. If your portfolio is mainly made up of stable coins such as Bitcoin and Ethereum, then I would say that there is no need for any diversification. But if the portfolio is rich in smaller altcoins, then it is a different story.

To me, diversificiation is a MUST for cryptocurrencies. The risk becomes big if you don't diversify. Going all in one is not a good decission. Going with different coins is a better idea. The risk also reduced in this case.

[Ambonjaya]

My opinion, I just focus coin on Bitcoin, although up and down its price like a roller coaster, I do not want to hold another coin..

[Masha777]

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

all keep in one coin is not the right decision, you need to have at least a few coins !!!

[bigrudger]

if you do not have confidence in your main crypto price, then it is better to diversify your investments in another assets.

[systematicdeception]

I have already chosen the best one-btc! I think that it is the most popular currency by right. It is the most reasonable investment for the long-term hold. I like it much and its benefits are really incredible.

[Daria_daria1992]

If you invest only in bitcoin, then you can not diversify.  But if you invest in other altcoins, it is difficult to choose only one coin.  Just because your risk is increasing - in the project something can go not according to plan, and the cost of the coin will start to fall sharply.

[Ucupers]

Basically, if it only has one coin for profit I think it will take a long time. And yet you when accepting risk price coins you have down. And with that, you have a lot of Altcoins certainly you will be a lot of choices and your risk of loss is very small because you can not take advantage of one coin. Sure you in this must have patience and a strong belief

[pazzanegro]

Because the market changes and the all situation changes, thats why you need diversify - for protection and profit gain. You can change your coins and make profit

[saytea9320]

Yes of course, diversification is one of the best ways to manage risk by mixing a wide variety of investments. A portfolio constructed of different kinds of investments will, on average, yield higher returns and pose lower risk than any individual investment within a portfolio.

[Gonzo1977]

I think diversification is very important an necessary. However one has to be careful as diversifying with the wrong coin it only means more loose ends. I diversify by selecting certain coins from known exchanges that also have high volume in CMC and potentially with low coins supply, but not always.