Do you use diversification?

[Naughty Princess]

This is something without which it is impossible to work in this market, because without diversification you will lose the account in a matter of weeks and then begin to worry.

I agree. Diversifying reduces the risk when you invest because there are more opportunity and even you lose one, you have another you can depend that will give profit. This is the strategy that every investors does and even those who are new in the market could apply. Never invest with only one project but find more potential where you can trust your funds.

[Tduty]

Yes, I use diversification. If I invest some money in crypto, then I invest in many altcoins not only one coin. Because I think it will be more profitable in the future. And when I invest in some altcoins, that time at first I do some research about those altcoins.

[putrifranenda218]

Yes, I use diversification. If I invest some money in crypto, then I invest in many altcoins not only one coin. Because I think it will be more profitable in the future. And when I invest in some altcoins, that time at first I do some research about those altcoins.

before you invest Altcoin you must understand and find out about it, if Altcoin has good quality and has good potential to invest and waiting in the future will benefit you. with you investing part of Altcoin, you divide the center of your focus on several and not just one focus point. Most people also invest not only in one Altcoin and he invests in several Altcoins because they want a big profit from investment, so they do it.

[thenameisjay]

For example, you have some altcoin (in my case it's Metaverse ETP) and you expect it to grow. But in a weak market, this altcoin behaves like bull and you have the opportunity now to sell it and buy an asset that looks weak in the market (for example Qash, Tierion, Nem, Odyssey or Republic Protocol) in order to get the greatest possible profit. Or leave a strong asset and wait for its further growth. What do you think about this?

I usually do this when I see that the token has grown exponentially in the days that came or if the token I have has a linear growth to which I sell the profits and then diversify them to other options. That way, I made some cash and bought it to some alt coin that could go up in price too.

[Miklight88]

Investing in any coin I just not right , you need to know much about the coin and why it will be a good investment for you also what could it bring in future , so no matter how it perform now does not really matter but the future is the main thing .

[Azuliand]

Of course I use, probably the most important thing that can be used by every investor not to lose their money, you need to be able to diversify their risks to not lose money

[skylar]

To be honest for me at the past I use some asset diversification just to minimalized the risk. But after couple of month I changed my mind to just leave on strong coin rather than make to many diversification, the bad bloodbath market are my reason. And the other things is at this moment I prefer to put short term investment rather than long term.

[Ipwich]

Of course I use, probably the most important thing that can be used by every investor not to lose their money, you need to be able to diversify their risks to not lose money

Diversification does not mean you do not lose money, it's still possible to lose money but what's important here is you'll be able to minimize the risk.
The thing is, if your coin pump and you diversified so you will not get the most profit but when the opposite happens, you will not also loss everything.

[slasher0489]

ofcourse, it's also a good strategy to minimize the risk of lossing. I choose three to five cheaper altcoins and buy it equally, observe and wait them to grow. If one of your altcoin drops really bad, you have many backup

[Considered]

It is better to make sure that you are diversifying when you are investing in the coins, because this way is the way that you can be sure that you are spreading out the money and mitigating the amount of risks you are taking when you invest in crypto. So you can be sure that if one coin fails you have another one to back you up

[jatin729]

I think right now diversification won't work because market is really bad time right now if you invested in different coins than be happen due to dominance of bitcoin price of others coin can fall. But when market will in green phase than we will have option to diversify investment into those coin which has high volume on popular exchanges it will helpful for earn high profit.

[Parabellun1917]

For example, you have some altcoin (in my case it's Metaverse ETP) and you expect it to grow. But in a weak market, this altcoin behaves like bull and you have the opportunity now to sell it and buy an asset that looks weak in the market (for example Qash, Tierion, Nem, Odyssey or Republic Protocol) in order to get the greatest possible profit. Or leave a strong asset and wait for its further growth. What do you think about this?

Hello! I think it is better to diversify your funds. Never do that, no need to keep all the eggs in one basket. Good Luck!

[trade2winnn]

Clearly only a foolish investor will diversify the portfolio,and to say so risks not razbavlyat,because any asset can die tomorrow,and as easily as it went up the hill,such a 100, if not thousands of successful projects are then vymerli,so my advice is hold and wait,and always risks spread!

[Grim149x]

I diversify on 3 assets but sometimes I go all in on something. It's okay because I can afford to lose what I have invested.

[Elorika]

Of course you need to use diversification, this is probably the main rule of investing in any asset, and you will earn more than one will invest

[Korkorjkk]

I think diversifying your holdings is the best to do when a coin is falling so low.  But you also have to be careful because you do not know which coin you are investing in to.

[Slark]

Yes, it is necessary to use diversification, but against the background of the entire falling market, it will not help much. Although even now due to the fact that I have tokens that have been growing in price for the last two weeks, my loss due to was less due to the fall of Bitcoin and almost all other altcoins and tokens.

[novy]

I am using diversification in daily tasks. But even this doesn't work in a such bear market. You thinks that you get profits and in a hour this coin is burning in hell with your investment.

[Dessy88]

For example, you have some altcoin (in my case it's Metaverse ETP) and you expect it to grow. But in a weak market, this altcoin behaves like bull and you have the opportunity now to sell it and buy an asset that looks weak in the market (for example Qash, Tierion, Nem, Odyssey or Republic Protocol) in order to get the greatest possible profit. Or leave a strong asset and wait for its further growth. What do you think about this?

if my opinion if you want to profit a lot, you have to choose coins that are currently high prices.
if it is still uncertain or you are still in doubt, you can wait for the price of the coin which is still weak to high again

[bartusv]

It is suggested to have different coins as  all the coins has their own life cycle and develop in a
different speed. Some of them are stagnating, some of them are rising etc. And then we can trade
with them and we has not stuck with one coin. But the coins correlates to BTC and if the whole market
crashes diversification will not save us from loss as we will be losing on all of them.