Do we need to diversify?

[alarsincoin]

when all crypto rolling down it is better to diversify i think. it not  - u can get zero with higth propability level.

[melinda29]

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.

[Kemileye]

Its not the best idea to put all your oranges in one basket. If you want to invest, buy a lot of coins that have potential so that you will reduce the risk on your investment.

[trishacole]

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

Pretty much this is it. We do not know with certainty how our different coins will perform, if we did then we would invest entirely in to the best performing coin. Given we do not know we can spread our investments to limit risks, this is because crypto projects can succeed or fail for a variety of reasons we cannot see or control.

[mario00]

Diversifying is the way that you protect yourself from losing all of your coins in case a project ends up failing or getting delisted from the exchanges, that way you are sure that all of your money is not in one place so you don't lose it to a failed project. So yes, you need to diversify

[kettenschutz]

I believe that you need to diversify your risks and invest in different coins. But do not need fanaticism and invest in 100 coins. I believe that diversification between 5-10 coins is enough. And periodically you need to revise the crypto-currency portfolio, remove some crypto-currencies, add others. And it is also desirable that one of the crypto-currencies in the portfolio always has an ethereum.

[nothingmiracle]

I think it is to avoid bots, minimize manipulation and reduce the risk of fraud. always be careful in investing and do not be easily affected

[toygama]

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

If a person know about a coin and know about the details of its future that it will go more higher than any other then he can go but it is also sure that there are many coins and at a same time not only one coin go much higher but at a same time we have saw a number of potential coins going increasing much higher that is why we often suggest for to diverse.

It's mainly based in personal experience you can put them all together as long as you are sure it's value but no in a long period of time, if you going for longtime investment it's better to divide your assets into different coin.

[Rony24h7]

A very old proverbs say that “DON’T PUT ALL YOUR EGGS IN ONE BASKET”. Many of the new marketers did some basic mistake. They try to achieve profit in no time so they don’t want to understand anything about the market. They just saw only the good side or someone to make a good profit these things are important to motivate otherwise you will not have the patience to hold your coins. It's quite normal to say all the cryptocurrency indeed related to bitcoin silently. So its good enough to have some diversity in your coins.
Chose some coins which you can use for a day trading and some for long-term investment. if you have no diversity then it may be possible to wait for a long term to have a profit on other hands by choosing some coins to do day trading you can enjoy the market and have some profit and gain some good adventure in the crypto world. At the end follow the rule do what you think what is best for you.

[seyola89]

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

Though you can be lucky if you go all in one solid coin big time and make big profits and won't have to spend more time and energy in tracking many coins but it's a very risky investment practice. Diversification helps to minimize the risk exposure incase of sudden or unforeseen project crash. It's what the hedge fund managers do.

[Golftech]

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

Though you can be lucky if you go all in one solid coin big time and make big profits and won't have to spend more time and energy in tracking many coins but it's a very risky investment practice. Diversification helps to minimize the risk exposure incase of sudden or unforeseen project crash. It's what the hedge fund managers do.

Though the time to spend is really wide but the extra precautions on losing your investment can be lift doing diversifications, investors really looking for some extra plan just in case things won't go according to their plans, placing your investment in one basket is like a gamble if things won't go to right directions everything will fall, unlike if you have extra plan then you  still have to recover back.

[TheMountaincrypto]

We need to divesify our invesment in order to minimize the risk. Example you bought only 1 coin but suddenly its price is stuck then its hard for you to recover. But if you buy 4 coins and the price of the one of them goes down then you still obtain profit from the other 3 coins.

[coinwhat_]

If you have throw away money then sure put it all in one it might do 10x or even 100x if you got the research right but it could also go to 0.1x if there is a big FUD came over.

[clonedone]

You always need to diversify your holdings otherwise you can lose everything in one moment. This is one of the main rules of any investment and you should follow this rule if you want to succeed in cryptocurrency or any other investments.

[gatholocco]

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

If you ever plan on vacation, and call several different agents, maybe you will understand a little about this concept.

[NEERAJ ANAND]

Diversification is good in long term as if you buy only one coin and that cannot perform as per your wish  then you cannot recover your losses. If you buy 4-5 coins and two coins goes in loss but three in profits then we not comes in loss even some profit also hence diversification is best option.

[kendra1107]

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

Diversification is very important in order to further increase our chances for better profit. Having too less limits our earning growth. But don't get me wrong, having too much may also be a burden since it would be difficult to monitor each coin's progress. So we should identify a balanced quantity of currencies which we can manage properly and productively.

[sieunhangao19]

we need diversify cause if you spend all your money in one coin and if that coin price fall down then all your money will go in vain. On the other hand if you buy different types of coin, some of coin price will low in market and some of them will high in market.

[Rocstar]

Diversification is weak. Back yourself and put everything in one coin.

Sarcasm.

[yinoye]

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

Diversification which is reducing your risk exposure by spreading your capital across many solid projects is a good and safe investment practice so that if one or two goes bad, the others can save you. It makes sense for big capital investors more than small scale investors.