Diversify Investments

[andrei56]

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 ?

Diversifying your investments makes sense when you are investing a huge amount of money, so the question is, is it 1500 a lot of money for you? If it is then you need to diversify your investments but if that is not really a lot of money for you then investing only in bitcoin is not a bad idea at all, even investing only in bitcoin at the beginning even if your plan is to diversify eventually is not a bad move at all.

[Sadlife]

There are also some pros and cons in diversifying investment for example you wont get the most of what you've invested because you've put in just a little money in each token especially when you only got a small capital. I think it's good to put everything, in the crypto you believe that can make you successful.

[lienfaye]

Diversifying is a good strategy when investing however its important to choose the coins you would like to invest in and not just a random suggestion of others.

Better to do your own research if you dont want to fall in coins that is likely to be delisted in exchanges soon. Your capital is good enough to start investing, I want to be in a safe side hence if if I were you I will invest in btc, eth and ltc these coins will give you huge profit if you will hodl it for long term.

[Gwapoman]

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 ?

Invest $500 in ICOs..$1000 for existing altcoins..

If you invest for example $1.5k in bitcoin with the current market price of $9.5k per btc,you need btc to hit $19k before having 100% profits..for sure by that time there are altcoins that already have 300-400% growth.

[EnricoGomez]

I do agree that diversifying your investments into several and different kinds is a good strategy in managing your finances. It is mainly to reduce your losses if one fails just in case.
I would say that the top ranking cryptocoins have a good potential and are a good investment. Try to invest to matters excluded digitally like real estate, stocks and etc - they are popular for a reason.

[GideonGono]

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 ?

Well its better to diversify investments because of the risks too though , but then again it's better to put your half of your money to such , top 10 alt coins I guess , and bitcoin.

Always remember that bitcoin is advisable and profitable when it's long term investment , to alt coins it's better to short term investment.

[Pettuh4]

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 ?

Well its better to diversify investments because of the risks too though , but then again it's better to put your half of your money to such , top 10 alt coins I guess , and bitcoin.

Always remember that bitcoin is advisable and profitable when it's long term investment , to alt coins it's better to short term investment.

I totally agree but instead of the top 10 coins i'd rather go all the way into bitcoin and then the other half on other commodities on the stock exchange like gold or silver because all crypto-currencies have shown a pattern which seems to be appreciating and depreciating with bitcoin.

[Noelbetty12]

I think this is a nice idea. When money is spread across coins you will certainly have the edge of gaining rather than losing too quickly because each coin behaves differently. Yet one thing troubles me, I have seen how bitcoin almost dictate all of the cryptocurrencies. This means that when bitcoin goes very low, others really follow. So it could still happen that you can lose your investments on the same day if left unchecked. What are your ideas on this?

[Cairo18]

I think this is a nice idea. When money is spread across coins you will certainly have the edge of gaining rather than losing too quickly because each coin behaves differently. Yet one thing troubles me, I have seen how bitcoin almost dictate all of the cryptocurrencies. This means that when bitcoin goes very low, others really follow. So it could still happen that you can lose your investments on the same day if left unchecked. What are your ideas on this?

I think diversify investment is important to bitcoin investors, propagating crypto currencies and coins, may lead to socialized  bitcoin by gaining more profit and aiming high for the better future. So we must be careful by investing bitcoin for wemay not lose our hard works.

[bettyjcrouch]

The market is arranged so that new currencies are constantly emerging which fall into the top 5-10-20. Once such was Ethereum, then TRON, now EOS. With such investments as you, you should rather look for a small undervalued coin with a capitalization of 100 million. And probably it's better to invest in several such coins

[tora]

When investing in stocks and shares it is very unlikely you would purchase just one company shares. On a small investment that is why unit trusts and investment trusts are popular. Same with cryptos. Spread your investment.

[komatovo]

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 ?

Invest $500 in ICOs..$1000 for existing altcoins..

If you invest for example $1.5k in bitcoin with the current market price of $9.5k per btc,you need btc to hit $19k before having 100% profits..for sure by that time there are altcoins that already have 300-400% growth.

Diversification is not a new concept. We should remember that investing is an art form, not a knee-jerk reaction, so the time to practice disciplined investing with a diversified portfolio is before diversification becomes a necessity.

[nydiacaskey01]

If you want to diversify, then settle for Bitcoin or Ethereum then the rest of the money you plan for investing will be split into other kinds of investments. It could be a property like real estate or gold maybe. Focusing on Bitcoin and alt coin may sound like a good idea but go for something that can be easily sold too to those that are not into cryptocurrency.

[Mikado$]

Uncertain. In business, if you do not know enough to win in an investment or trade. Diversification may lose its reserves and it is unlikely to compensate for any problems or losses. For the crypto market too, if you invest BTC and ETH at the time of market recovery and move up trend now. It's a comfortable issue for you to control the fund and diversify your investment into a few quality altcoin.

[redcucumber]

It depends on how are you going to assess your self based on the level of skill you possess to survive the market, what is your plans in crypto for short and long term, and how deep did you know on how did technology works because this will be your foundation on how are you going to diversify your assets either aggressive or conservative a long the way. A good preparation can survive even the hardest battle its all about controlling the risk and taking your profits so have the discipline needed for your plans to succeed.

[Williams_Leo]

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 ?

Investment diversification can be termed as an investment by many methods. I am a beginner and do not know all the currencies and how to capture the market but My experience is that in the next month these currencies will grow.

[webdevmastery]

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 ?

$1.5k dollar is just a small amount and if i have this much money then i will invest on ethereum coin since it was cheaper and there coin does have the potential to grow even more in the future so we can expect to earn profit.

[Whitly]

To be honest, I think, you can combinate your investment by investing in bitcoin and at the same time in altcoins. Your 1,500$ you can split on 6 pars (250$ each). So, 250$ will be max amount what you should invest in one altcoin (total 4 parts) and other 2 parts you should invest in bitcoin, first part while bitcoin ~9,300$ and another part if bitcoin will drop to ~7000 - 8000$ or if he will up to 11000$.

[Rugosa]

Would be ideal for you to invest in ~4 or 5 coins. Make sure you always keep something in bitcoin, as thats thelogn term bag.
Do not go all in on any single coin, and try to make sure the ones you select have a good upside. It takes time to get practiced reading he chart TA so start at it.

[fempat]

Investing little by little makes more sense than just diversifying your money into various coins that you know little or nothing about. It's usually very good to research coins properly before investing in them as many of them have np future and no real use. What I usually do is to follow the ICOs of projects I think will succeed and invest in them.
As regards Bitcoin investment, I'll go with altcoins because the value of new good altcoins tend to rise as high as 500% or even higher.