Diversify Investments

[erikjoy]

I would highly recommend avoiding alt-coins. And it would not spread the risk to buy multiple alts since they are all based on the same technology. Want to diversify? Buy some bitcoin, gold, real estate, stocks, etc.

Yes. I second that. You don't need to put all of the money into crypto. But if you feel that you absolutely must, you should keep it all in bitcoin. And if you feel that you absolutely must, you shouldn't put more than 10% of that into altcoins, preferably the top 10. But even that is pushing your luck because they have a lot of vulnerabilities.

Crypto is not the only solution for investments. Other more conventional forms have their merits as well. Nothing wrong with branching out a bit.

Great advice.  I'm into the gold, real estate and silver game already.  I have diversified my Bitcoin into Altcoins since we dipped under 200 billion.  I know this is possibly foolish and risky but you gotta take your shot at some point. 

Well, I'd say it's only foolish if you're putting so much in there that you start sweating when it goes down. But if you can watch it drop in value without any discomfort, then you're safe. It means you didn't invest more than you can handle.

Gold and silver have been looking pretty good lately because they're so low. It might be a good opportunity to get a bit more. Also real estate is never a bad choice, as long as there are no geopolitical or disaster risks.

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[alizay]

Diversity makes the world a happier place

But seriously diversification is the tactic I use and swear by it, if I didnt diversify I would not have made all the gains I did in the past year. I went into NEO stellar and a few others I have maybe around 10 projects Im in right now. I wish I had sold at the ATH in dec/jan but you live and you learn hindsight is 20.20 right?

And also diversify not just in crypto but in everything which I think a few other people mentioned here land, stocks, businesses, gold, etc. etc. I myself am looking to buy some real estate at some point when my job calms down a bit don't have any stocks yet but would like to get into some in the future as well.

[Fatanut]

Usually they recommend you to diversify your investment, so you avoid losses.

But as a real approach, having $1.5k, would you invest in how many cryptocurrencies ?

What if I invest little by little, only in Bitcoin, would that work as well ?

Bitcoin is a reliable coin, but if you want to earn much more, then you should try to invest in altcoins, which have great prospects. What are altcoins? read the sites of the cables, the channels and make your conclusion.

But is investing in altcoins really diversification? They are both parts of the cryptocurrency market and they can be affected by the same news (i.e. the government not allowing crypto in your country anymore). In trading, you can see that whenever the price of bitcoin moves, altcoin's prices are also moving since bitcoin is the base currency of cryptos. I'd say that you should invest your money on other things like real estate or gold.

It can even be a startup business which is totally a better option since you get to manage it. But of course just like other investments, you're gonna have to do your research before you invest. You have to learn about business first and know if the business you want to setup will work out and will make you earn money. The difference is you have full control. You have the power to market your business and hype it up or maybe even do collabs with other businesses. You also have the control to expand it or to sell it out depending on the state of the business.

[boyz97]

I would highly recommend avoiding alt-coins. And it would not spread the risk to buy multiple alts since they are all based on the same technology. Want to diversify? Buy some bitcoin, gold, real estate, stocks, etc.

Yes. I second that. You don't need to put all of the money into crypto. But if you feel that you absolutely must, you should keep it all in bitcoin. And if you feel that you absolutely must, you shouldn't put more than 10% of that into altcoins, preferably the top 10. But even that is pushing your luck because they have a lot of vulnerabilities.

Crypto is not the only solution for investments. Other more conventional forms have their merits as well. Nothing wrong with branching out a bit.

Great advice.  I'm into the gold, real estate and silver game already.  I have diversified my Bitcoin into Altcoins since we dipped under 200 billion.  I know this is possibly foolish and risky but you gotta take your shot at some point. 

commodity market could be good investment portofolio beside stock market and cryptocurrency.there are some similarity between commodity and crypto.it based on supply that make its price rise regularly.

[SexForCryptos]

you can choose to risk your money by investing in altcoins, which means you must be willing to lose almost all your money because altcoins can even fall to more than 80% of your value if something goes wrong, or you choose to invest in bitcoin for long-term, which will give you more security and comfort in the future. Diversify is very good, but you run a lot of risks if you invest in projects that are not good, my advice is that you just stay in bitcoin

In hindsight this has been a quite good advise, seeing that altcoins has since lost up to 98% of their value. Of course, had it been one year ago, the opposite would have been true.

[megatrix]

Diversifying your investments is a great strategy all investors should do. When you say diversifying it doesn't mean that you have Bitcoin and all other alt coins, but you have Bitcoins, Alt Coins and other investments on other platforms like stock market, mutual fund, real estate, precious metals and others. These strategy will help you mitigate risks on your investments at the same time, it will help you learn a lot about different fields of investments.

[jakezyrus]

Diversifying is good , only if you are not sure about your investments. Lets say you are a crypro trader or investor and you do constantly buy different kind of cryptos that you arent really fammiliar with . that is the perfect time that you must diversify your funds in order to increase your chances of earning an income .

But if you are only buying etherium or bitcoin.  Then putting your eggs in one basket is actually a good idea because you are already confident and aware that the coins you buy can always pump in the right time.

[onrise]

Diversifying your investments is a great strategy all investors should do. When you say diversifying it doesn't mean that you have Bitcoin and all other alt coins, but you have Bitcoins, Alt Coins and other investments on other platforms like stock market, mutual fund, real estate, precious metals and others. These strategy will help you mitigate risks on your investments at the same time, it will help you learn a lot about different fields of investments.

This is a must strategy considering if you do not want to block your money in one asset class and want to make the maximum benefit of the available resources to multiply your money. This will help you to take your money whenever you require and depending upon the market situation.

[Naughty Princess]

I would highly recommend avoiding alt-coins. And it would not spread the risk to buy multiple alts since they are all based on the same technology. Want to diversify? Buy some bitcoin, gold, real estate, stocks, etc.

Yes. I second that. You don't need to put all of the money into crypto. But if you feel that you absolutely must, you should keep it all in bitcoin. And if you feel that you absolutely must, you shouldn't put more than 10% of that into altcoins, preferably the top 10. But even that is pushing your luck because they have a lot of vulnerabilities.

Crypto is not the only solution for investments. Other more conventional forms have their merits as well. Nothing wrong with branching out a bit.

Great advice.  I'm into the gold, real estate and silver game already.  I have diversified my Bitcoin into Altcoins since we dipped under 200 billion.  I know this is possibly foolish and risky but you gotta take your shot at some point. 

It is good to diversify investment because their are many ways to grow your money for more possibilities. Not only on crypto where you can choose to invest but also on real state assets but crypto is more easier to invest and find to keep than real assets. Learn to keep yourself calm and patient when the price drops because that is the only enemy you have to face to before you become successful.

[shawn995]

You can put just in bitcoin on the off chance that you would prefer not to put resources into other cryptographic forms of money. In the event that given the decision, I would simply put resources into bitcoin as I am certain that it will exist for quite a while contrasted with other digital forms of money that are use for hypothesis purposes. There are different coins that has a genuine reason for tackling the present issues with respect to exchanges to make it more proficient and compelling yet bitcoin has been the specific first digital currency and it hold its position on the grounds that many still put stock in it. In the event that you need to purchase at that point purchase in partitions or what is known as cost averaging so you can limit the hazard and misfortunes.

[Diane757Clarke]

Is there any solution to invest in cryptocurrency not? The solution is highly profitable, I feel Bitcoin prices are pretty high although it's down but I can buy another coin. I need some advice.

[Osayo]

It is always good to diversify your investment so that if one fails, you will have something else to fall back on.

[NewRanger]

I would highly recommend avoiding alt-coins. And it would not spread the risk to buy multiple alts since they are all based on the same technology. Want to diversify? Buy some bitcoin, gold, real estate, stocks, etc.

Yes. I second that. You don't need to put all of the money into crypto. But if you feel that you absolutely must, you should keep it all in bitcoin. And if you feel that you absolutely must, you shouldn't put more than 10% of that into altcoins, preferably the top 10. But even that is pushing your luck because they have a lot of vulnerabilities.

Crypto is not the only solution for investments. Other more conventional forms have their merits as well. Nothing wrong with branching out a bit.

Great advice.  I'm into the gold, real estate and silver game already.  I have diversified my Bitcoin into Altcoins since we dipped under 200 billion.  I know this is possibly foolish and risky but you gotta take your shot at some point. 

diversify our portofolio into several place can be best step for us.we can make our money growth and avoid the risk involved on it.cryptocurrency is good place for long term periode, at least untill bitcoin halving.

[Comfort1]

It is always good to invest in diverse coins you have interest in. Will be a little painful if you invest only in one coin and at the end,you lose everything.I therefore recommend Bitcoin for you.

[South Park]

Usually they recommend you to diversify your investment, so you avoid losses.

But as a real approach, having $1.5k, would you invest in how many cryptocurrencies ?

What if I invest little by little, only in Bitcoin, would that work as well ?

Bitcoin is the best cryptocurrency to have, so you cannot go wrong investing in it, if you are still relatively new to this market investing in bitcoin is a great choice, if you are looking to invest in altcoins in the future, invest in bitcoin first and then take the time to study the market and the coins in which you may be interested to invest, once you are finally ready you can invest in them, just remember to leave some of your money in bitcoin since it is a great investment as well.

[Brunus]

Diversifying investments means reducing the risk of losses, but obviously also means limiting the possibility of gain.
The real question is whether you can afford to lose the money you want to invest or not.
If it's money you need, it's probably best to stay away from the crypto market.

[Lpim01]

It is always good to diversify your investment so that if one fails, you will have something else to fall back on.

That's a common strategy we've been practices not only for newbies but also used by some experts. It could be hard if you don't do anything if you know already that you are still losing. It is better to sacrifice than of losing at all.

[dlhezter]

Investments will vary to the ability of the person to have a risk in his or her profit, It will serve as their vision to prove to them selves taht they can achieve what is in their timeline.

[Cryptoworld4]

This is a very great advise for anyone who wants to take part in cryptocurrency. Do not put all you have in one coin. Choose multiple coins or tokens.

[rubynails]

If I had $ 1,500, I would split my investment in pennies in the top 10 most popular coins. Surely I will make a lot of profit from this coins