Do we need to diversify?

[Hoxysado]

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

i like the opportunity of the reducing risks, there are so many risly things and so many chances to losenall we have,unfortunately

[Malian]

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

[pujumba]

You diversify in case that one coin fails. If you put all of your eggs into one basket, and that basket breaks, then you have no eggs. If you spread amongst 10 baskets and one basket breaks, you still have 9 eggs.

[Halbert]

Because there is a high probability that the coin you invested in will not bring you anything, so you need to diversify to increase the probability of obtaining a profit.

[Tahdayi]

Diversification is a must ! unless you want all the money to go down the toilet in one fell swoop! we need to look for worthy projects, start-up !

[cryptocyprus]

You need to diversify your risks because the cryptocurrency market is extremely volatile. Many of the coins may fail and you will never predict which ones. It is better to invest in a few coins and if some coin falls in the price of other coins can compensate you for its loss.

[aamy90925]

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.

[Sicithdeve]

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

it is a hrd questinon to answer, i think in each ways out  we will face some advantahes and disadvantages, so it needs to  e comsideed wisely

[aamy90925]

You can try and not diversify. Later you will see for yourself what will happen.

[aamy90925]

If you invest your money, and do not diversify, you risk that if something goes wrong, lose everything you have. This is a completely vain risk.

[Hoxysado]

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

i thonk we shoul bevery careful with our holdings because uour future depends on them, so it is important to think proper before doing something

[Hoxysado]

If you invest your money, and do not diversify, you risk that if something goes wrong, lose everything you have. This is a completely vain risk.

well, thank you for your words, o am kind of a nrwperson here, i will tale them into account, because i did not know this.

[adorathris]

I think it's not wise to keep all of your money in one coin because anything can happen with this coin. I invest in 5 different coins, some of them are expensive and reliable but there are also new coins that can grow in the long run

[ahah]

We can't guarantee that the coins we invest will stick to their work. I've seen a lot of teams cheat and disappear, so diversification is too important for us.

[kakade]

Just part of my strategy man. I don't want to put all my capitals only in one coin. It is too risky. In my opinion, it is better to have some coins to invest with small profits than only one coin. The risk can be managed differently. Here, I always diversify the deposit, capital, coins to invest or trade, for long-term or short term. Well, and that works very well.

[Vanderlio]

I hold a certain part of my portfolio for long term coins and good steady projects and a short term part to trade on whatever I see that I profitable at that moment.

[vividbery]

It would be better if we have many types of coins in our portfolio, because to minimize losses. But it all depends on individual needs and capabilities. There are people who can not focus on many things and are only able to invest on 1 coin, and that's okay as long as the person can manage it well.

[waser12]

Diversification of your portfolio means diversification of your risks. It has sense on bullish market. When the market goes down better use scalping trading strategy of one coin related to USD.

[blue_id69]

Investing in one coin is too risky. This market is too volatile and each and every one is prone to high risk so diversification is the best possible way to reduce your risk. You don't know which coin will perform better in future and graphs line will move upwards. So its the strategy formed by group of expert traders otherwise you could opt for your own technique and if you wish you can invest in any good coin of your choice. Price action of crypto always going up and going down, so when going down we should move all that crypto to other kind of investment that more stable like stock or gold. Diversify risk is needed to make more profit and to avoid lose.

[thamvii111]

Being into diversify our coins to hold for because as we can see that not that just 1 coin only has a posibility to increase or decrease even more,  atleast we have a option on how many coin. If the other will dump dont worry because other coin will pump.