Diversify Investments

[cizatext]

Diversification is good but at that there is no investment that does not have it own ups and Down but some risk are worth taking then other, if you invest in altcoin you may end up making lots of profits within a short period and again you can also lose your investment up to zero level most altcoin fall as deep as 80%, you may also invest in bitcoin and be ready to wait for a long Time to make good profit.

[1714581474]

1714581474

[salterious]

I wouldn't diversify past 5 to begin with, and even then I would probably only hop into BTC and ETH for the first few weeks. Learn the ropes a little bit, then hop around into other coins once you feel comfortable and have the base knowledge under you.

[Clement Kaliyar]

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 ?

The amount of coins you are going to purchase depends upon your total budget you are willing to spend in this market, if i am with a limited budget i would go for coins that will make me the best profit in the shortest term possible and invest in those and convert them into bitcoin for the long term. I would search for good projects with a good team if i am investing those kind of small amounts .

[cryptosyss]

Diversification is really a good approach to investing your own funds. You can buy the top 5 coins (BTC, ETH, Cardano, IOTA, Neo) by distributing your funds evenly, thereby reducing your risks and increasing the percentage of possible profits.

[ShadowBits]

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 me, I aim for higher returns so I go all in all the time but I should keep an eye with all my trades to get out quickly if anything happens wrong with that trade.

[EdenHazard]

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 ?

$1,500 is not a very large sum - now it's just around one fifth of BTC (฿ 0.2).
So I would recommend investing one third of that money in BTC itself and the rest - in altcoins (there are several perspective projects like OneLedger, Liquidity, Phantasma and some others).
If doing so there is a good chance of multiplying your income in like 2-5 times as currently these coins are of great interest for investors.

doesn't matter , a good and skilful also lucky bastards person could turn $100 into trillion dollars , guess how? as i said it was not only skill , experience , knowledge etc but also something like a luck!

knows the potential , do act right after you have made a choice and just wait it patiently , if you could then forgot it for a while and see it later how much your investment has turned , investment always make you amazed if you go all in but get into the right project.

[Daniel91]

We have to understand that any investment is risk.
So, the best advice to young investors, without much experience, is to never invest money you can't afford to loose.
Other smart advice is ''don't put all eggs in one basket'' or diversify investments.
I think it's good idea also to invest in regular, stock market, not only crypto.

[p i e c e]

In any form of investments its either stock market, cooperative,bank,forex and the new mainstream - cryptocurrency. Diversifying investment is the most suggested strategy to minimise and managed certain losses and profits as it says "don't put your eggs in one basket" but only diversify to those top spot crypto avoid risks and headaches and to be safe just hold it and don't trade waiting for 1 to years is enough to manage the risk.Just apply the simple 40-30-20-10 percent method of diversity.

Every investment has a risk to take even in the real state so you do not have to depend on one possibility make it more for you not to lose. There are many potential coin where you can invest with and wait for the good time to earn good profit. Put an invest in something that you are sure for more growth.

By diversifying your investments you do not avoid losses at all, you minimise the risks of loosing all your investments in once.
I invest in 3 cryptocurrencies at the moment. In past I had 5 coins in my portfolio and I plan to add 2 coins soon

[khirul_i20]

You your worth the risk of desire can Bitcoin to invest in. You the future more security and comfort will. Yes, it demage But it is good to buy a few different coins than just investment in different areas.

[bololord]

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 ?

There are many different cryptos but I suggest pick to the top 10 usually some investors they invest in eth, ripple , ltc, and neo but for me the best alternative for bitcoin is eth but you are the one who will decide better to read all the details and you must all the risk before investing in other crypto.

[Qungis]

I think it makes sense to invest your small amount only in bitcoin because it is the least risky cryptocurrency.

[saifanik]

In investment it is a good strategy to avoid risk because if you invest just on a one sector then it has to chance of getting loss. Or if you diversify your investment then if market portfolio isn't in your favour then you can avoid some loss.So in my opinion diversity in good for those type of investment.

[lekegami]

That way, you have to be smart and choose wisely with what coins you have to diversify your investment. Look for the coins that has potential to grow in the market and never lose its value to avoid lose of investment.

[emezh10]

I always see diverse investment as a multiple form of investment that we could expect higher chance of earning in the future. Because as we break down the risk it could have for us to start an investment it could also increased our chance to gain more profit in the future and to be more successful in the field of investment. It could also work on trading where we could trade upon two or more cryptocurrency to support our funds on bitcoin or any other cryptocurrency we used in transactions.

[Kittygalore]

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 ?

Right now I recommend also investing to other coins as well because bitcoin right now is in a bad shape and it is going to take long time for it to get back on its track. Maybe invest to other coins that is foreseen as a potential predecessor of bitcoin and it is foreseen as a possible next top crypto for you to gain profit while waiting for bitcoin.

[Ranly123]

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 that's the amount then I would rather invest it in two different cryptocurrencies for me to have a good chance of having a good profit. But when you feel like putting it in to one basket then go ahead it's you money anyways.

[Btcallans]

In investing, the basic principle knows the golden rule for making any investment portfolio work over the long term: diversification. When  investing in multiple types of assets, with multiple levels of associated risk, it's like spreading the risk out and reduce the possibility for any one investment to crash the value of one's portfolio disproportionately. It also increases the chances of finding a better-than-average return, and through rebalancing, one can adjust portfolio to reflect the current risk and return goals as they develop.

[gantez]

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,....

Smiles... You might be right in some extent but some altcoins have also done very well. For instance, binance coin has given investors who saw the vision some profit. Also, look at the performance of ONT,  the coin is doing well too and a few others.

[supine]

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 ?

It depends on what your investments are and the risks you are willing to take. Some altcoins are good for day trading and some are worth for a long term hold, so it also depends on the amount of money you want to risk and for how long. People are recommending it because investing all-in in just one coin will result to opportunity losses since some altcoins are profitable too.

[jaysabi]

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 ?

With so little money being invested in crypto, there's no point in diversifying. Everything more or less trades in sync with Bitcoin, but alts have additional risk that it's a bad coin or otherwise going to fail. There's less risk of Bitcoin doing that, so by diversifying away from Bitcoin and into other alts, you're taking on more risk than if you just held it all in Bitcoin. The alts are going to mostly trade the same way Bitcoin does, so if it's all in Bitcoin you're going to mostly see the same upside as if you tried to diversify. But you're not getting the downside of the risk of an alt failing or being abandoned by the market.