Do we need to diversify?

[Andelitan]

I think it's very important to diversify our risks. I don't really like situations when 100% of my money depend only on one or two coins. I think it's better to have at least five.

[cryptocurrentdan]

I think all of crypto is in the same boat at the moment. If you diversify or not we are all going down.

Just find projects you believe in, invest and then wait 10 years.

[Tom Shelby]

Yes, I also think that you need to diversify your risks. My investments in Altcoin make up 50%, Bitcoin 30%, Ethereum 20%.

[max6575]

to work on one with distinct on limit as referring use on number with target to complete within terms of investment plan, as investors to define with one from the distance as extending shifts on limit on prefers to comply as gains with the complete of arrange to deliver with priors of minimum point to commit as returning point of value as finest with reference.

[Fugaga]

For you to be of less risk in investments, you should have to diversify your portfolio into many projects, it's makes you have many choices. If one falls another one will pays.

[GmBoom]

Holding a single coin or altcoin in a wallet is good especially when the coin/altcoin you hold is having a good profit. But holding more coins/altcoins in your wallet with a growth of more profit is more better. I am holding not just a single coin, I am having now multiple coins with multiple good profit. Diversify your wallet to have more good profit, make sure to choose a good coin/altcoin to hold.

[nguyentina55]

Of course you need to diversify your investments,because if you put all of your money into some coin and it fails you will lose a lot of money probably all of your investments,that is why we shouldnt be doing that putting all eggs in just one basket for security reasons and diversification reduces your risk to a minimal level

[Impros88]

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

I think indeed we need, because there are so many clients that are dangerous for us to hold long, and so if we would keep all our actives in one particular coin and it would fall, this would be the great fall, and if it was only 10% of our actives, it will be not so bad after all

[lavapits]

I think all of crypto is in the same boat at the moment. If you diversify or not we are all going down.

Just find projects you believe in, invest and then wait 10 years.

Why 10 years? Why not 20? 30? maybe 50? The thing is you have to diversify not in other crypto, you cannot put all the money into crypto. If you have a lot of money then put it into real estate, put some into bank account and so on. In case one fails you're not messed up.

[vasilisc555]

Of course, you need to spread the risks into several promising coins! Remember the risks are in everything and always. And if you prove the opposite to you, either they are lying or are not competent.

[anna.cayne]

Exactly the same as what I have learned in any business, do not put all your eggs in one basket. Kriptoprostranstvo - a very unstable market, once when you Lun, once you go to hell.

[tinyteapot]

It is very god to diversify our holdings and not put all our money in one coin alone. Incase of fall in the price of a coin, there should be another one to help coverup for the loss in one. It is always good to have an alternative but be very good to research about the coin.

[#dhabitamartha]

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

all need to verify ownership as well as vehicles and others have ownership books so as not to be confused with others and that as legitimate owners are official rules such as bitcoin to know from bad things, or crime.

[zhaviabieber405]

May help a bit, I don't think it makes much difference now though. If Bitcoin drops 5% then everything else drops 10-20% lol.

[Rollesto]

If we put in all our investment money in one coin, it has the probability that it will be lost in one coin only. Because, that is the risk in investing in cryptocurrency. Diversifying your investment to different coins lessen the risk of losing all your money. Even if you lost your money in one coin, the remaining coins might go up and recover your losses.

[emsjvh]

For sure we need to diversify , for example if market is red  around 50% altcoins still bring us some profit, but old coins like bitcoin are minus 70%, so its better to have some new coins plus old coins.

[stripykitteh]

If we put in all our investment money in one coin, it has the probability that it will be lost in one coin only. Because, that is the risk in investing in cryptocurrency. Diversifying your investment to different coins lessen the risk of losing all your money. Even if you lost your money in one coin, the remaining coins might go up and recover your losses.

Spreading the investments around could also mean that you could be spreading the amount that you will lose on those investments.

[pharaon]

For sure we need to diversify , for example if market is red  around 50% altcoins still bring us some profit, but old coins like bitcoin are minus 70%, so its better to have some new coins plus old coins.

Excuse me, I can not understand what is the difference between an "old" coin or a "new" coin? Does the price of a coin depend on when the coin is issued or appeared on stock exchanges?

[SectorZero]

Diversification is probably the first rule and one of the main ones when investing. It is necessary otherwise you will burn. But since the cryptocurrency is still not an ordinary market. Here as a rule everything behind bitcoin decreases, but this is a General trend now. If we're looking at it in the context of a longer time, it's different. There are cool ICO with which you can earn at the placement stage. Therefore, it is necessary to expand the portfolio.While your currency is strengthening, a beginner can make 300%.

[Jana Wood]

You always need to try to diversify your risks. But in this market, crypto currency is not easy to do.