Diversify Investments

[Nicol3]

If I had $1,500 for investment I'd divide my coins like 30% on holding Bitcoin and the rest would be divided to the top alternate coins of my choice. And when the coins I have invested would drop down then that would be the time I will buy again when the price is dropping so I would be able to diversify that certain coin itself and would have lesser losses.

[harizen]

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 ?

For you to know the result you have to test it on actual as listening others suggestions here will just lead you into confusion.

If you understand the risks and you have the guts then face the market. Others became successful by means of doing diversifying their investment but it doesn't mean all of them really succeed. While on process, different people have different approaches on how they will managed their portfolios. Even how big the amount of investment is and it was diversified to other coins, if people can't handled it properly then it will all become wrecked.

So my suggestion, put that plan on actual and see where it will leads you.

[wuvdoll]

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.

I am really surprised at the way people are turning down on altcoins and when I thought altcoins have actually invaded the whole space and clouded the mind of new investors. However, this coming from a very old investor in the community is not surprising anyway.

I totally agree with this as altcoins to me are just a waste of time, and if you think you are diversifying to avert some level of risk, altcoins are actually going to be increasing the level of risk eventually. I would rather be in bitcoin and look for other areas of investment outside cryptocurrency as well. Eth that would have even been a little bit of a good choice is inflationary.

[MAJICOIN]

Business strategies successful if you diversify your investment and it is now days the investors responsibility to invest in many projects because if you bear losses from one side then you will adjust the losses from other side and in this way we can minimize our risk and we can do more profit in this way. Investment is a good way to make profit over current capital.

[SummerBliss]

It is never advisable to invest all your funds into a single coin, even if you invest part by part. Since bitcoin is one of the most stable coins, it can only give you a limited return. You cannot expect it to do 2x or 3x. Alts can do 2x, 3x and even 10x, so it is more advisable to diversify investment across all the coins. By doing so, you are only increasing the chances of you making profit.
What if a whale starts dumping Bitcoin? It would take a huge hit on the price. So, it is never advisable to invest everything in a single sector. Diversifying investments is the key to success in this market.

[fanbeila]

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 ?

Its always advised that don't put all your eggs in the same basket.Its only related to altcoin investment which are highly volatile in nature.So by investing in two or more coins,even if one coin's price falls,another coin's price may increase which would reduce or just avoid the loss.But investing in bitcoin doesn't involve such problems as its price tends to increase gradually.

[IndzheborgC]

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

Alt coins have not only big risks all lose but also have the likelihood of making you a rich man. ETH and DASH the same when they were viola coins and have since made more than 100x.

[vina.lugtu]

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 ?

If I have that money, I will use 33%-$500 of it on bitcoin . The other 67%-$1000 will go to minexcoin. I think they are giving out 11% return on investment as long as you hodl their coin monthly. That will be enough for me to buy other coins monthly and if the market goes well, I'll try to increase my minexcoin to get more returns monthly. I haven't gotten the opportunity to invest on it yet because I am still waiting for my pay cheque. When that happens, I will surely go for minexcoin.

[Lostchickens102]

Well I do think this is good to avoid loses. Since the cryptocurrencies are really unpredictable you will have atleast some other chances for sure. Say bitcoin is down while the other coin is stable or is about to destabilize itself you can immediately make decisions.

[posi]

Yes, it good to diverse investment but ones still need to apply some sense cause there are alot of shitcoin out there and if I'm the one with the mention amount. I will invest into altcoin while I work for Bitcoin but if you want to invest into bitcoin I will advice you to wait till it week end.

[dvillier]

I am extremely astonished at the way individuals are turning down on altcoins and when I thought altcoins have really attacked the entire space and obfuscated the psyche of new financial specialists. In any case, this originating from an extremely old speculator in the group isn't astonishing at any rate.
I absolutely concur with this as altcoins to me are only an exercise in futility, and on the off chance that you think you are broadening to turn away some level of hazard, altcoins are really going to expand the level of hazard in the end. I would rather be in bitcoin and search for different regions of venture outside cryptographic money too. Eth that would have even been a tad of a decent decision is inflationary

[player514]

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 ?

I understand your concerns of seemingly having too little money to start investing, but my response is that everyone has to start somewhere. To you, you're choosing to invest a little over 1000 dollars because it's important to you. Because of this, the same rules of investing anything applies. If you want to be safe with your money, you should take your time in finding coins to split up your investment over. This is because if one goes down, you'll end up losing everything if you put all your coins in one bucket. However, if you're going for a risk to become rich, you can put your money into a coin after a good amount of research. The crypto market is just cutthroat, so you need to be careful on your own side with investing.

[torch2121]

For me yes diversify is one of the best way to avoid big losses if you're doing trading. But doing this you have to check first which coins does not give you big losses check the coins that have good potential. See if the coins that has steady uprising trend slowly but surely but it has a great return as long term investment.

And investing in Bitcoin alone would work as well as long term investment for me, I think.

[sirminesalot]

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 ?

I have invested my $1500 into 30 different digital assets, tokens and cryptocurrencies. And seek for long term approach. I chose thos who will have a network effect or growth, important use cases and it's market potential of course.

crtocurrency is pretty much right now and right you can choose a lot that can be invested in the long term. it would not hurt us to buy many coins and tokens instead of just bitcoins alone

[Falmera]

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 ?

I think you can yield bigger profit. If investments is diversified, little will be your losses or little will be your profit. But when almost all of your investments are profiting, then if combined them all it will be big.

[el kaka22]

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

Altcoins have a way to at least serve their own purpose anyway which is buy in the dip during accumulation which they usually reach the bottom most of the time and sell into FOMO to increase your bitcoin and that is all they are ever good for.

I am sure altcoin fans will not like that, but I have only gotten to see few altcoins that are actually sustainable in growth without the to and fro bottom to top movement. I really do not see altcoins as investments, probably for the short term profits which they are anyway. For so many reasons, I would rather choose only bitcoin and use alts as a way to increase the bitcoin that I have in the long run.

I am not against altcoins as some of them may actually have a good demand in the future based on the project that they may have, so, in that case, just to at least get some pretty good profits, I may go into some of them but just very few. Altcoins are risky and trying to diversify into more risky environment really does not sound right. For long term investment except if the OP is willing to trade some of his altcoins along the line, I would rather stick my head with bitcoin.

[Dimid]

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 ?

I would invest 50/50 in your place. 50% in bitcoin and 50% in promising altcoins, such as: EOS, Tezos, Ether, Ripple, ZEC .......
Altkoins will grow in relation to bitcoin, and bitcoin in relation to the dollar, it turns out that altcoin will grow much stronger against the dollar.

[spartanrules]

I formed my portfolio, where the bulk belongs to bitcoin (about 40%). But I also invested up to 25% of my money in the Ethereum. And the rest of the money I distributed proportionally between the 4 altcoins.

[gambitcoin53]

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 ?

I think you got it wrong. Diversification should be done in different area of investments. So let's say you have bitcoin or altcoins, to be able to diversify, you need to invest on stocks, or real estate of even gold. That is what we call diversification. It doesn't necessary mean you have to diversify with other crypto because we all know that every altcoins has correlation with bitcoin price movement.

I like what you have pointed, all atcoins and other cryptos are very much dependent on bitcoin, diversifying on different coins is like having multiple business with the same line of business, all are partakers of the total market share, which likely will affect the profit. Is is recommended that if we want to diversify our investments, invest it in diffrerent types or lines of business. Same goes with cryptos, but 2 to 3 coins maybe will not hurt you.

[Naughty Princess]

If I had $1,500 for investment I'd divide my coins like 30% on holding Bitcoin and the rest would be divided to the top alternate coins of my choice. And when the coins I have invested would drop down then that would be the time I will buy again when the price is dropping so I would be able to diversify that certain coin itself and would have lesser losses.

That is good to diversify investment in different crypto coin. As long as the coins has potential for growth along the market which will less the risk of losing the amount and the value of it. It is good decision when your funds are diversify for investment. If ever that I also get high amount, I can do the same because there are lot of opportunity to earn profit.