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Author Topic: How safe is it to put everything in one cryptocurrency?  (Read 3677 times)
Welckomtome
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November 19, 2018, 03:57:23 PM
 #341

For me, I do not think that all money should be invested in only one coin. Because we all know that the market situation is not good in today's time, and it is not stable. But it's depends on your choice of where you want to invest but to keep yourself safe you should research with great intensity.
you kbow that everyone can learn on somebody other s mistake so ask your rpfriends and other people about it they will say it is wrong
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November 20, 2018, 06:51:10 AM
 #342

Personally, I usually invest money at the same time in at least five different reliable cryptocurrencies. This solution allows you to minimize the risks in my work, significantly increasing the chances of earning an income. I am sure that one of the main rules when working on the crypto market is that you do not need to invest money in just one project.
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November 20, 2018, 03:54:25 PM
 #343

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.

I can add here only: especially when you decide to put all your money only in one cryptocurrency. Talk to the experienced traders and investors - they will tell you that it is always good to hold at least 10-12 cryptos.
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November 20, 2018, 11:40:27 PM
 #344

Investing in Cryptocurrencies is not a safe investment, it is highly risky one. It does not matter if you spread it among many coins
or invest just in one coin as it the market crashes all of them will crash. Diversifying your investment means investing some in
crypto or  some in stocks or properties etc.
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November 20, 2018, 11:53:14 PM
 #345

Well, it depend what potential have to that token you want to invest in. For me isn't safe to invest in one thing because even it has a potential you don't know the possibilities of it to fall. So better invest in top 50 altcoins and find new ico that has a potential. And remember if you already gain profit and you think it is enough then don't doubt to sell and find another one to invest. Don't stick to one.
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November 20, 2018, 11:58:40 PM
 #346

The question shouldn't be how safe, but how risky? Risky because even if we have great faith and belief in one currency, it is still unwise to place everything in a single investment. And if this investment fails, there will be no support. Meaning we will have nothing else to draw something out for us to start over. So it is always smarter and wise to expand our investments so if ever one fails, we still have those others to back us up!

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November 21, 2018, 01:26:08 AM
 #347

Investing in Cryptocurrencies is not a safe investment, it is highly risky one. It does not matter if you spread it among many coins
or invest just in one coin as it the market crashes all of them will crash. Diversifying your investment means investing some in
crypto or  some in stocks or properties etc.
Well said. The most recent monthly crypto decline illustrates perfectly how dangerous it is. Diversification is the key to success.
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November 21, 2018, 02:04:40 AM
 #348

Of course, to diversify a portfolio is a must. otherwise, you risk losing your entire deposit. Well, you need to diversify by carefully selecting the coins for investment.

 
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November 21, 2018, 03:20:58 AM
 #349

Personally, I'd never put all my money on just one ot two cryptocurrency. There are over 1000 cryptocurrencies out there, a lot of them have good features and returns, why would anyone choose to rely on just one or two?

It's always better to spread your cash to maximise profits.

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November 21, 2018, 03:23:11 AM
 #350

Investing in Cryptocurrencies is not a safe investment, it is highly risky one. It does not matter if you spread it among many coins
or invest just in one coin as it the market crashes all of them will crash. Diversifying your investment means investing some in
crypto or  some in stocks or properties etc.
Is a vice versa situations but youre right when you investing into one coin is highly risky and no experience cryptoneir will advice people do that but investing to diverse of coins/tokens also require some knowledge of management in other to avoid debt. However, investors/traders who are unable to manage many coins are advice to stick with 2-3 coins.

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baronandr
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November 21, 2018, 08:15:20 AM
 #351

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?

Personally, I am convinced that you never need to invest all your investments in only one cryptocurrency. Of course, I believe in the excellent potential of various reliable cryptocurrencies. But working with only one cryptocurrency is too risky and dangerous. And for the successful work of the investor it is imperative to minimize the risks and distribute their investments.
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November 21, 2018, 08:20:07 AM
 #352

Its not safe to invest all your money in a single cryptocurrency and it depends on how much you are willing to invest e.g if you are holding up to 500$ I'd suggest you invest in 4 -5 different type of cryptocurrencies with good teams and good roadmaps ,there are so many coins out there all you have to do is create some time to research on each one before choosing
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November 21, 2018, 08:22:39 AM
 #353

I think there is a big difference in what amount of cryptocurrency you hold their money. It all depends on your investment strategy, the most common is to buy bitcoin or Etherium and forget about it for a long time. Many more on the contrary buying a lot of new projects and sell them on the exchange, thereby earning quick money on the difference of the course. Choose for yourself the optimal strategy and good luck!
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November 21, 2018, 12:27:20 PM
 #354

It is absolutely not safe. You should always diversify your funds, otherwise if you invest everything in one coin, you will not have another options of balancing your portfolio. Always use diversification and invest in at least 8-10 projects.


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November 21, 2018, 12:31:39 PM
 #355

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 it is Bitcoin and ethereum I think it is just fine because they are the more stable coin for long-term investment but as an investor, we like to have a short-term big profit this is the reason why we invest in coins that have a potential in the market in the future.
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November 21, 2018, 01:29:10 PM
 #356

For me I did not want to invest everything in one cryptocurrency because its to risky.Must better to have many coins to invest so that you minimize losing especially right now that all coins are unstable.
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November 21, 2018, 01:31:04 PM
 #357

Putting everything you have into cryptocurrency is a big risk and I cannot advise anyone to put all his coins in one cryptocurrency. because you may loose all your investments.
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November 21, 2018, 01:35:46 PM
 #358

Well investing in cryptocurrency has already its high risk however if you will going to have two or more crypto to invest then that would be better for you can move your crypto or convert it especially if one has a good market price increase. You can convert it to the crypto that has not move yet. I suggest you to get XRP and BCH. These both crypto has good volatility and will not gone together on market price pump.
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November 21, 2018, 02:08:25 PM
 #359

If you really trust on a particular crypto and put all the others on it then go ahead because that is your decision and you need to believe on that, I think that no.1 crypto of yours is bitcoin or eth! but if not you might encounter serious risk problem.
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November 21, 2018, 02:44:22 PM
 #360

It is very risky to have all your investment in one coin because if the coin price goes down, your investment will be lost. If you invest in multiple coins then there is a chance that one of them will be pumped at a given time and provide you with the opportunity to earn. So investment in many coins is recommended.
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