How safe is it to put everything in one cryptocurrency?

[emezh10]

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?

do you really have doubt? If you really may think is safe, please think twice.

I really hope that you don't do quick choise..

OP must consider about the volatility in the crypto before he wants to put all of his life in the crypto. Remember there was a lot of examples about people are loosing a lot due to the bearish trend. that's why OP must consider about all of possibility dude.
It's much better to put all of things in the major crypto rather than small crypto.

    My one cent opinion on the above topic question is this, to be direct and frank, investment into one crypto currency compared to two or more spread investment have the same Risk factors when it come to investment, we may lost or gain at the same time on the investment into crypto currency market dependent on the market movement of such coin as posted in the market trading, again, it is individual preference whether to invest on one crypto or more?

[boller]

just put on one or two crypto course will be a good thing when the market is in good shape in which the increase continue to occur. However, when the market in conditions like this time then play several strategies and share them to as many coins as there will be more important. This will make the results of crypto obtained will be losses where balanced when the coin falls will not be great and will be tetutup by others.

[Debonaire217]

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?

It is not really the best thing to do in a cryptocurrency. The way you hold the money in only one cryptocurrency rather than distributing it others. What will happen if the price of that crypto suddly falls down? It may be a disaster though, if you distribute your money in many crypto it will be safer.

[aces777]

It is never safe to put all of your money in one place even if it is not cryptocurrencies. The best thing for you to always do when you are investing is to make sure that you are diversifying your investments. That way you can be sure that when a project crashes that you are protected in another project where your money is and you can use that to cover up

[chelsea_shell]

I treat cryptos like any other investment, it's wise to diversify your portfolio especially if you've invested a generous amount. You risk losing your capital and potential profits if you put everything in one coin.

[Striker17]

It depends on you and the current situation also, depends on you of how you choose a coin/s that you think that if you invest on it, you can gain a good profit. But if you put everything in just one coin, i think that's not a good idea. Just pick the top and most listed coins to invest.

[cola-jere]

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?

It depends on the value that you have. I normally pick 3 to 6 coins/tokens so I can focus on these projects.
It also is prudent to read news daily as everything moves fast in the crypto space.

[qiman]

It all depends on that coin or token. I think it would be better to at least diversify into between 2-10 bags of different sizes and risk if you are looking to hold long term that is. I do not think it is very wise to just sit on one token or coin and hope in the rise of that token. Right now the market is manipulated a lot as well by the day traders, whales and bit institutions, so it looks like you will have to wait a very long time before you see any good in the markets.

[Zero1One0]

At least 2 platform coins, bitcoin and ethereum, if you have really decided to put your eggs in 2 baskets at least.
If you have lots of funds, in terms of value, max allocation of 5 platforms/coins.

[Simayi]

Both concentrated investment and diversified investment have different strengths and weaknesses. This needs to be decided according to your situation. If you have confidence in purchasing crypto, you can get a high return by focusing on investment, but it may also cause you to quickly lose property when the crypto crashes!

[cryptogeek101]

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 think investing into one or just two cryptocurrency project is not my best strategy, i believe in diversification of investments into multiple portfolio,this will help reduce the risk of loss according to Markowitz theory of diversification

[Pline]

It is not safe to put all in one crypto currency, so make a diversification in your portfolio to avoid such thing.
I would advise you to hold at least 50 % in liquid crypto and another part to split between some potential altcoins.

[AzrailBogov]

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?

It seems to me that storing all your money in one or two currencies is very silly. It would be more reasonable to buy a lot of promising, in your opinion, coins, and some of them in any case will give you a profit.

[jt byte]

If you invest everything into Bitcoin, it should be okay, it seems that Bitcoin was, is and probably will be the leader of cryptocurrencies.

[Iykecollinz]

Experience have taught me never to put all in one cryptocurrency, Infact it is deadly put all one has in cryptocurrencies without considering alternative investments. Except for experienced traders who are sure of making good trades and profit. The ideal way is just to spread your investment in several good crypto projects, coins, ICO's, newly launched coins etc, after making careful research with a convincing result

[robelneo]

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?

It's not a safe and bad idea, people have proven that time and time again, you can lose all your investment even if you are investing on a top coin because all coins are subject to manipulation and speculation, we have seen that from people entering at $20000 level thinking it will even double.

[mdenys]

If you put all your savings in bitcoin it is ok,also I consider investing in Etherium is a safe deal  but if you wanna invest all your money in any different coin - I recommend you better not to do it ,try to create your portfolio with at least 4-5 cryptocurrencies ,it will save most of your deposit in case of scam any coin.

[Betwrong]

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?

Since you've mentioned the word "everything", I think it's worth reminding that you shouldn't invest money which you may need for living in the nearest future. But if you have spare money without which you can survive the upcoming year, then you can invest in crypto, and I think your first option is way better than the second one. It is very likely that most altcoins will die in 2-5 years, and only 20-30 of them will remain. So, investing in all of the current ones you are risking to lose 80%-90% of your investment, even if some of the coins will provide you with good profits. I think if you still want to invest in many different coins, you should invest in 20 coins, 10 of which will most likely survive. Do your own research, of course, but since you asked I'm going to show you my top 20. They are(apart from Bitcoin, in which I would invest 50% no matter what): ETH, XRP, XLM, EOS, LTC, ADA, MIOTA, DASH, BNB, XEM, NEO, XTZ, ZEC, DOGE, LSK, ZIL, WAVES, STRAT, IOST, KMD, NXT, GAS, PPC. It turned out to be more than 20, but those are coins which, in my opinion, can rise 5-10 times in a year or two, although half of them may die.

[xiklerszap]

With such an unstable market, it is quite risky. The first rule of an investor is to diversify his portfolio. And you have to choose from the top 20 coins. Or invest in bitcoin.

[kjnfmplm]

When we talk about it being "safe", it means that it has a low risk of losing your money, am I right? And when it comes to investments in cryptocurrency, you can never be so sure. Prices today will be different an hour later. It will be different a day later. Prices of different coins varies depening on its volume and demands. And investing your money in one coin will have an extreme risk of losing your money.