Do we need to diversify?

[HoundRogerson]

This is everyone for himself decides how beneficial it is to him. It seems to me that it is better to buy a few coins so the profit will probably be larger and the loss is less

[leonromano]

Diversify is very important. With the correct management of your deposit, you can get the maximum profit.

[Farin Aliev]

Diversify risks are always necessary and especially in the market of crypto currency! We should be at least 100% sure of something.

[VazLorde]

diversification is necessary because when in a coin we lose, we still have other coins we can use to make a profit, so on. we can not rely on a single coin as our money field.

[Ekaterinat]

Different coins have different potential to increase the price of it. And in order not to regret the missed opportunity, you should diversify your investments. I have 6 coins in my portfolio.

[petir.bay]

Diversification is very important when you make your portfolio.I dont keep more than 15% in one coin.Before I had 100% in bitcoin but then I changed my mind.Altcoins can give you more profit.

[orisbar]

Diversify is very essential in any investment projects. Diversification is the best policy in trading or holding. If you buy one coin and that break down due to any reason then you falled in huge loss. If you have good plan and  diversify your investment in some coins and one coin gives you loss but others coin give you profit and you not loss anything and maybe you got good profits. So without diversify you cannot successful in crypto.

[Best80]

The only solution to heart-attack is diversification, coins with different potential, I almost got sick when majority of my coins drop in price but got back because I bagged many coins.... Always diversify

[LeetPoolsOP]

Every user who is going to work with crypto currency should be familiar with the process of diversification. If a participant does not know about him and does not follow his rules, he can get big losses if he puts his money in only 1 coin and will not distribute his capital between different coins to reduce the risk of loss.

[dakiev]

Yes I think it's a good idea to diversify because at this time market is in a downtrend so if we divide our portfolio and if some coins go down and some go up we can still get good profits.

[fathur01]

Because if any project (coin) collapses, you will lose all your money and if you differentiate your risk, then you will have a more stable wallet and a better chance of success!

[Pertor]

Every competent and experienced investor understands that it is necessary to diversify the possible risks for successful investments.

[mari12]

The reason that people tell you to diversify is because there is no way for you to tell which project will end up failing so that you do not end up putting all of your money into one project and then it ends up failing which will not be good for you so diversifying will help you reduce the risk of losing all of your money to a single project.

[alexjc]

Of course, the deposit always needs to be diversified. I have BTC, ETH and PriVCY

[Geoll29]

Diversifying depends on the individual who has the money. Putting all eggs in one basket may not be a wise strategy. What if your sole investment fails? Crypto investment is very volatile. A diversified portfolio is a surer way to succeed in investment.

[veraro]

I suppose diversify is a main thing you have to do when investing to anywhere, especially in crypto. Crypto market is a very unexpectable and volatile, so you just should diversify to minimize risk. In other way you can loose everything.

[efeyigit399]

diversity provides benefit to every field investor. When you invest in a variety of asset types, the success of your investment portfolio increases. If you invest one type of money you can lose all of your money.

[oliviancool]

If it is a question of long-term investment, then it is best to buy Ethereum, Bitcoin and EOS because in modern market conditions it is not worthwhile to risk with other coins.

[kettyhanna78]

Diversification can reduce risk, but you need to find good projects to invest. Maybe you think that a currency can bring you huge profits, but this market is uncontrollable. You can't predict whether it can really bring you huge profits, so you must choose multiple good projects to invest

[Hoxysado]

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

sorry, but i do jot complete get what you are asking ahout. yes, we surely can get bigger profit, but we need to spend more time working then