Do we need to diversify?

[mabyyy]

I am new to this market and have lost 60% of my Deposit in the last six months precisely because of the diversification advice.  Because I had no experience I bought coins just on the principle of like not like that was a bad strategy. What is my personal mistake? Not knowing the market, I hoped to take off the violas with a small capitalization, I believed in their future and believe further. Conclusions: If I invested in bitcoin, I would be sure that no matter how fast it falls, it also grows quickly. The whole market is dancing to the tune of bitcoin and this should be understood. If you want to make money on altcoins in the hope of 100x then spend no more than 15% of the Deposit on these projects

[Faeton]

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

Investing in one coin is always risky, because there can be different unforeseen circumstances and the expected growth of the selected coin or token may not happen, or they will simply fall in price. Diversification, that is, investing in different coins, helps to avoid such accidents, since it is rare that such accidents occur immediately with several coins. However, if you are absolutely sure of the growth of any one coin, of course, you have the right to invest all your funds only in this coin. Perhaps you will get a huge income, and maybe you will lose. Here the choice is yours.

[taktik]

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

Investing in one coin is always risky, because there can be different unforeseen circumstances and the expected growth of the selected coin or token may not happen, or they will simply fall in price. Diversification, that is, investing in different coins, helps to avoid such accidents, since it is rare that such accidents occur immediately with several coins. However, if you are absolutely sure of the growth of any one coin, of course, you have the right to invest all your funds only in this coin. Perhaps you will get a huge income, and maybe you will lose. Here the choice is yours.

In any case, each investor tries to minimize his losses, and buying several names of coins and it makes it possible to avoid a situation where you can stay without profit.

[GQ_Crypto]

You can not diversify your funds if you invest only in Bitcoin. By investing in other, less popular crypto currencies, you need to diversify your investments in order to reduce the possible risk of loss.

[hasna17]

I think diversivication is done only, if you are in another coin or newly known cripto currency that is less popular, to anticipate risks and losses, but if you invest on bitcoin I think it is not necessary.

[Katfilka]

Yes, diversification can reduce investment risk, and perhaps it will bring you more benefits, but choosing a good cryptocurrency is very important, so it is recommended that you can choose among the top 100 cryptocurrencies of market capitalization.

[Krismanto]

If you are just in one coin I think this will get very few results. And chances are you will do long-term trading. Because if investing in one coin we cannot develop our money and must invest in some coins Altcoin. So our results are also very large and when the coins to fall of course we still have the chance of the other coins.

[mudasarali43]

The people who have just entered the market after bitcoin has become a part of popular culture have only invested in the top three coins, which are ripple Ethereum and bitcoin but this is a misconception that these coins will be profitable even in hard times,

[pieppiep]

yes of course we must do diversify not to put your trading capital you have just for one coin just because I think it will make you experience losses very much because you can not take advantage of price increases with the maximum so you should divide your trading capital to some token or some coin.

[Itjoker]

Diversification of investments and respect for the principles of risk management are main things which we have to do during long term investments. I will not di this you can just lose everything at once.

[okocrypto]

The question is: Have you seen the coin that can guarantee you profit ? There is nothing like diversification in the real business world. So it is necessary for one to consider this.

[oriontab]

A single coin could potentially go to zero in value ,wiping out your entire portfolio, that is why it is better to have a diversified portfolio among cryptos and even different markets. It is less risky

[oriontab]

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

Imperative thing to recall it's not just about becoming tied up with various tokens you have to get tied up with tokens in various segments.

Exactly, your level of diversification should be broad. type of coins and even outside cryptos. Imagine if one only had 'lending coins' when they were in vogue, such person will have a near zero portfolio by now

[napman]

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

In my opinion, it is better to make your own research and trust your guts.

The most of the privacy coins are undervalued right now.

The best opportunity is to find a privacy-related project with a low total supply (less than 100M), that way the price will be increasing much faster.

I recently found a hidden GEM called Ethereum Meta, it is related to anonymity and untraceable transaction. They have a very interesting project to build the Anonymous E-Market Place.

They are already trading on some exchanges, you can check their website: https://ethermeta.com/
Or even better go through their Bitcointalk thread: https://bitcointalk.org/index.php?topic=2659058.0

[Krezi777]

Of course, if you buy only one coin, then the profit will be insignificant and it will not come soon. But if you buy several coins at once, you will see how quickly the profit will grow. This is my good offer to you and your investments.

[guffie]

If you are investing in Bitcoin, I think you don't need to do that. And by investing in one coin you can become a rich man. But you must have a very large fund. In this enormous industry, we should be able to take the right decision. And take advantage of every opportunity.

[mware]

simply because the volatility in the cryptocurrency market is very high and profitability of different coins is rapidly changing! by diversifying you are able to get returns from a basket of coins and benefit from those returns collectively. not all the coins will perform the same at the same time. So when one coin is losing value you are able to profit from another coin that is rising.

[adamlillian]

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

We need to diversify our portfolio because there are many good businesses in the Crypto market and we need to take advantage of that opportunity to increase profits.
We should not just focus on an altcoin for investment because it carries quite a lot of risk. If you analyze the wrong, you will lose all your money. So the best way is to invest in many different altcoins.

[SirLancelot]

The question is: Have you seen the coin that can guarantee you profit ? There is nothing like diversification in the real business world. So it is necessary for one to consider this.

Diversification of your portfolio reduces the risk attached to your investment. This is one good way to survive the uncertain market without loosing much of your money. Besides, you will get different amount of rise in different coins you have in your portfolio.

It is much easy to have a diversified portfolio than to have just Bitcoin or ETH because of the cost of investment in case of Bitcoin and ETH is often considered high than that of a diversified portfolio having some BTC, ETH and few other coins.

[Greedy squirrel]

If you are sure of one coin, you can not do it. But as practice shows, the probability of making mistakes is very high. Therefore, I think that we should diversify our portfolio. There is no situation when the price of all coins grows equally strong. This will minimize your losses in case of failure.