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Author Topic: How safe is it to put everything in one cryptocurrency?  (Read 3671 times)
Twinscoin2017
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November 15, 2018, 01:28:10 AM
 #281

I think this is not a good idea. Investing all money in one cryoto is very risky. You should invest in different coin/token. If you loss your money in one project the another one will help you to recover it. I will recommend you to invest partially in top 20 crypto from CMC.
Yes I agree on that I think it is only 50% safe if we put everything in one cryptocurrency. I believe that we need to put everything in different crypto not just in one crypto coin because there will be a great possibility of lossing of we put it only on one crypto because any time price may change or drop down and our investment will be loss.
DainSLane
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November 15, 2018, 01:49:39 AM
 #282

It is not safe if you put everything in crypto currency it is very risky if you do that, how can be you so sure that it will be successful to put everything on that. I guess split it don't put everything in one crypto currency.
ligerti
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November 15, 2018, 06:55:11 AM
 #283

I am sure of the excellent potential of various reliable cryptocurrencies, so I regularly invest my money in their purchase. But in any case it is impossible to invest money only in one coin, such a decision becomes too risky. In any case, you need to distribute your investments in various reliable cryptocurrencies.
dicaprio
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November 15, 2018, 07:06:56 AM
 #284

I would definitely say that this is a very bad idea, because today cryptocurrency is probably the most risky place where people can really do something that in the end will either bring money out or take away everything that was, therefore I would not do it.
oOVVVVVVVOo
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November 15, 2018, 07:20:28 AM
 #285

For me, definitely the best to keep my deposit in only one cryptocurrency as the chance to make a profit is greater. This is my formula for success)))
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November 15, 2018, 07:24:16 AM
 #286

Most unsafe selection with one exclude, if its not bitcoin.
Putting all in bitcoin safe, all other currencies 100% unsafe

KOF97
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November 15, 2018, 07:25:18 AM
 #287

Concentrating all funds on one cryptocurrency is to get the most benefit in a short period of time, but the risks are also obvious. When this encryption begins to decline, you will soon lose property!

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Trixie28
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November 15, 2018, 07:32:02 AM
 #288

Investing in cryptocurrency is not safe today because there are lots of scammers. I think you should research first and study it before investing. Right now it is risky because it is all about money you put to have good income.
dawai asmara
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November 15, 2018, 08:32:50 AM
 #289

Investing in cryptocurrency is not safe today because there are lots of scammers. I think you should research first and study it before investing. Right now it is risky because it is all about money you put to have good income.
not only for now but forever if we invest in crypto we must always be selective in choosing coins. but it is true what is said if now it is very vulnerable, we must increase accuracy in investing especially in new coins.
karagun125
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November 15, 2018, 08:36:00 AM
 #290

i think this is just impossible in the first place, i think if the term 'convert' can be possible. for example, we have a new coin and exchange it in the market into bitcoin since it is the most used coin and most popular, by doing the conversion we can make it into single coin. but if you are referring making all coins into one, that's not possible for sure.
msbtrooper
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November 15, 2018, 03:00:21 PM
 #291

I think it is not advisable for you to invest in one or two cryptos. Rather spread the money in several promising Cryptos, with this you are spreading the risk across
simak84
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November 15, 2018, 03:13:22 PM
 #292

Investing in one cryptocurrency is a huge risk. And people lost a lot of money very often because of this risk. For example the same investment in Bitcoin.
During the rush in December 2017 and January 2018, many people invested in Bitcoin, many people even made loans for this business.
Now they all do not know how to settle their debts. Therefore, if you invest in cryptocurrency, you must invest not in one but in several promising coins.
regexlove
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November 15, 2018, 10:43:27 PM
 #293

It is not safe to invest all the money in one coin because the market shows that any coin can rise or fall, that is, there is no stability, so you need to increase the chances of earning money by diversifying the deposit  Cool
Question123
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November 15, 2018, 10:49:54 PM
Last edit: November 16, 2018, 01:26:12 AM by Question123
 #294

It is not safe for me it is very risky. Because better to invest to different kinds of cryptocoins.  Once the coins decrease you will have more coins and you can wait the value to get back your capital or help to you to recover from your losing money.
Bennix
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November 15, 2018, 10:56:48 PM
 #295

First and foremost,it is not advisable to put all your money in one cryptocurrency because anything could happen at any time.There was a CEO of particular exchange that sold ico to restricted country ,and the CEO was prosecuted.As a result ,people started selling aggressively to the extent that the token lost 80% of its value .Now,the traders that put their eggs in one basket by investing on one cryptocurrency are the ones who are at a big loss.
This is the reason traders are advised to spread their money on other cryptocurrencies.However ,even in trading ,traders who trade or focus their 90% attention on one  cryptocurrency tend to loose their capital once the trade goes against them,but if you spread your money on other cryptocurrencies there is a higher possibility that you won't loose all your money at once.
AliMan
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November 15, 2018, 10:57:37 PM
 #296

It is not safe to invest all the money in one coin because the market shows that any coin can rise or fall, that is, there is no stability, so you need to increase the chances of earning money by diversifying the deposit  Cool
Of course its not safe to invest all your money because its too risky thats why you its better to put only enough amount so that and divide your money for your investment then to your saving. Also invest if you have potential asset because possible can give you a good profit. Don't put all your money its better to divide it especially to those other have potential coins.

Jaka.Sembuh
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November 16, 2018, 03:53:36 AM
 #297

We all know the risk of investing in crypto. because the crypto price is very unstable, therefore correctly calculate your funds if you want to invest in crypto and my advice is to use funds that are truly free so as not to damage your economy. so in my opinion it is not safe if all your funds are invested in crypto because it is also vulnerable to hackers.
Ionzar
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November 17, 2018, 05:13:59 AM
 #298

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 unlikely that something absolutely safe can be on the crypto market. There are always certain risks that must be kept in mind. Therefore, to minimize risks, I strongly recommend working simultaneously with different reliable cryptocurrencies, not limited to just one coin.
duoduoshigexiaozhu
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November 17, 2018, 06:08:43 AM
 #299

Usually this investment is more confident. You only need to buy bitcoin. I believe that the price of Bitcoin in the future will surprise you. Today's investment must be correct. Waiting for five years, other coins are not bitcoin safe.

lihongjing
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November 17, 2018, 07:42:25 AM
 #300

This is a trading knowledge. You need to learn and practice to know the answer. What others tell you is just the way others are. You must find a way that suits you. The best way to invest is to buy bitcoin, and no one will object to this suggestion.
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