How safe is it to put everything in one cryptocurrency?

[judeafante]

I've been thinking a lot about this issue. I heard more than once that many are discussing this topic. Is it safe to invest everything in one, two cryptocurrencies? Or to distribute all the money in all the coins available for this amount?

A wise investor will spread his portfolio because it is the safest thing that he can do, now that the market is uncertain it's not safe to put all your faith in one coin alone, in my experienced I never know any guy who will just go for one coin when there are so many profitable coin in the market.

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[Mystogan915]

I've been thinking a lot about this issue. I heard more than once that many are discussing this topic. Is it safe to invest everything in one, two cryptocurrencies? Or to distribute all the money in all the coins available for this amount?

If i am you, my suggestion is to invest into two or three cryptocurrencies because there is a high risk i choosing one only. Why? because it will only be successful and failure but if you invest in two or three there are many chances that you will gain profit!

[Anna_88]

Invest in those in which he believes, and the soul lies. Can give a lot of advice, but later you can bite your elbows.

[bummm]

It is not very safe but now most of the coins are falling and if you choose a more stable coin, you can save your deposit now due to the market situation 

I wouldn't put all my investments in one coin, especially now, when all coins are cheap and you can buy many. I'd recommend to buy like 3 or more different coins for the beginning.

[pieppiep]

yes you are right you should not use your investment capital only on one coin so you can divide coins as much as you can, not just one coin.

[seyola89]

I've been thinking a lot about this issue. I heard more than once that many are discussing this topic. Is it safe to invest everything in one, two cryptocurrencies? Or to distribute all the money in all the coins available for this amount?

I've been in this kind of situation many times too. From my personal experience, presently I would only invest in very few coins (say 3 to 5) only. Going for more creates more problems for me.

[Rexha]

Diversify I'd say. It reduces your risks since some of your currencies might go down, and other might grow at the same time.

[aalborg]

It is not safe at all. But potential profit can be much more higher.
If you have a small deposit, I suggest you doing that.
You can simply put in low cap coin and get excessive return

[deguzmanwacky]

Obviously it isn't safe. You can earn a lot if that specific coin/token booms but very risky too. The market obviously is unstable and unpredictable. It is always better to spread your money in different currencies and spread market risks so if one fails, you have more. Unlike when you invest into only one, if that fails, you lose everything. And a good investor wouldn't do such. Be wise.

[Astermony]

Don't put all of your eggs in one basket, a legendary saying in the world of crypto to prevent from losing all of your investment in one big mistake, yes diversify is the common strategy for this.

[Vika0170]

I've been thinking a lot about this issue. I heard more than once that many are discussing this topic. Is it safe to invest everything in one, two cryptocurrencies? Or to distribute all the money in all the coins available for this amount?

At the moment, I just keep everything in the top coins, including bitcoin, to invest in a variety of simple coins is very dangerous now, until the market stops, it is better to make simple investments that are the most prosperous.

[kiemnhieutien]

It's not safe at all. Basic lesson in investment is always put your money into many different crypto. Invest in many different crypto can reduce your risk of losing money if your crypto dump. Further more, invest in many crypto gives you more chances to earn more profits.

[dreico]

I would say that it is not very safe because you have a greater risk of losing everything than the person who distributed their funds

[Gab20]

I've been thinking a lot about this issue. I heard more than once that many are discussing this topic. Is it safe to invest everything in one, two cryptocurrencies? Or to distribute all the money in all the coins available for this amount?

Putting all you have into crypto is like taking a lot of risks. You should have asked yourself the question of: what if you lose everything? Well, yo also stand the chance of gaining, but do not assume that.

[holderman]

If this coin is not bitcoin, you should not put everything in one cryptocurrency. It is too risky, you can lose everything. It is better to make investment in 4-5 coins.

[Svarora]

You must diversified your portfolio otherwise you must be at high risk.in case you want to invest then it must be bitcoin ethereum only.by this you can increase your profit margina And decrease risk

[gensol]

The saying that goes this: Don't put your eggs in a single basket was never wrong even in real life, diversification is the way out for any business endeavor. So diversify

[harapan]

I've been thinking a lot about this issue. I heard more than once that many are discussing this topic. Is it safe to invest everything in one, two cryptocurrencies? Or to distribute all the money in all the coins available for this amount?

no, it's too risky in my opinion, I prefer to invest with a number of altcoins.
to minimize large losses, if there is one of your investments that loses at least there is still hope for your other investment.

[MSTuTeJIb]

I've been thinking a lot about this issue. I heard more than once that many are discussing this topic. Is it safe to invest everything in one, two cryptocurrencies? Or to distribute all the money in all the coins available for this amount?

I never have and I never will. I am a trader, which means I have to split my Deposit into several different currencies and never go full Deposit. It's dangerous

[ostrogoto2012]

Market is  so incredible, so put everything in one cryptocurrency its big mistake. I think its better investing in diffirent coins so you can have some protection. also   in this period its not a good idea investing everithing in one coin. i prefer invest one part only and waiting