Do we need to diversify?

[Qtigero]

Truly, expansion of speculation will decrease hazard. The preface is that you need to discover a few sorts of tokens that are all the more encouraging. I think this is imperative. The present market downturn is the best time to contribute. I surmise that getting a few tokens currently, sitting tight for the entry of the positively trending market, we will get Huge benefits.

[vladmiranda]

When market is down its all down.

[BountyLord]

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 know this coin, than you don't need to diversify. I think that people afraid that something can happen with one type of blockchain, for example some critical mistakes and price will down to 0.

[Rossey]

I consider diversification very important. It can save investments in times of crisis. Diversification reduces any possible unforseen risk I business/investments.

[Ubrfeh]

Well, it is foolish to keep one coin of all , I think you know how risky it is , and I have had so many mistakes and we should avoid them

[maximilian4aue]

We need to diversify because of the volatility of the market, if you hold just one altcoin then you become dependent of that single altcoin, so if it drops in value then you have wait for that single altcoin to recover in order to get the profits you aim for, if you hold alot of altcoins then it is better because they fluctuate at their single pace.

[CryptoFeller]

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

Diversification helps to increase or maximise the probability to earning jnterst on investments.
Diversification also decreases risk since the risk is shared.

[HELLOFF]

We need to diversify because of the volatility of the market, if you hold just one altcoin then you become dependent of that single altcoin, so if it drops in value then you have wait for that single altcoin to recover in order to get the profits you aim for, if you hold alot of altcoins then it is better because they fluctuate at their single pace.

if your investment portfolio has a large number of items, it is in any case very good, because each coin has its potential and its capabilities in the future. Based on this, something can give you a good profit, but something not. Therefore, such differences in the difference of coins will smooth out some of the failures in your choice.

[Kemileye]

I see diversification of investment as a means to increase profit and also to lessen risk in investment. If one investment fails then its possible for the other to do very well.

[allezbitcoin]

I think it would be great if we have a lot of coins, and I'm sure will get a lot of profits if the price goes up. If for diversify it is very important for shareholders or investors, to reduce losses.

[ekechie]

We need to diversify because the crypto market is so volatile, holding all your asset in just one coin is very risky because anything could happen to the coin and the price will dip down low, Just the what happened to CTR, SEC came for them and exchanges de-listed them and the price dip so bad.

[lalatao79]

Yes, because the most important variable in investing is to manage your risk. You need to diversify our capital in order to lessen the risk.You will not lose a lot of money because of a currency, but it needs to control a certain amount.

[gikere]

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

Yes, you need to diversify your bag because you will never know some unforeseen thing could happen to your bag. If you place all your money in one bag because "one time bigtime profit" then that's a very bad move. Too risky.

[salamonKK]

You need to diversify your funds in order to reduce the risk of losing all your money. If you invest only 1 crypto currency, you simply increase the risk of such an investment several times.

[bobbyjonathan]

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 that we must diversify in order to increase the profits, I mean, you can just hold one coin but you become dependant of that single coin, so you have to wait for it to rise in value, but if it drops in value than you have to wait even more because you have to wait for it to recover first, if you diversify than you can play with the altcoins you hold, because each one of them will fluctuate at their own pace.

[beehimneff]

If you are confident in the coin and ready to wait, then you do not need diversification. But I wouldn't risk it. Promising coins very much and they can all bring a good profit. It is unwise to leave your choice on only one coin.

[Msworld83]

Sure you need to diversify your investment , you don't have to put all your eggs in one basket, spread the tentacles to have all in profit , using all your funds on one coin is much risky than any other thing you could imagine, but in you spread it then you have assurance of winning most time because if one dip some pump and that gives you a return on what is lossing in other coin and even more gain. So diversify is keep in all investment.

[goodman4hire]

Diversity is a great tool for when you don't know what to do.  This way hopefully you can protect your assets as you move through the market.  Once you know what to do then I would advise against diversification and go in heavy on the knowledge you have.

[marados]

It’s never a smart thing to put all your money in one thing, with diversification you are lowering your risk of losing money, so yes it is a smart thing to do.

[Catmurs]

Of course , it is better to diversify, because now it is better not to keep everything in one coin , but rather to distribute it by projects