How safe is it to put everything in one cryptocurrency?

[Miklight88]

It all depend on the type of cash you have as $100 can't be share in to various coin but $1000 can be share in to 10 places with $100 on each coin and it is a very good ideal to diversify investment.

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[Nikolas_the_Wonderworker]

Investing in one cryptocurrency is quite risky. It is better to invest in many crypto currencies that you trust. I keep EOS, NEO, HELL. With three Altcoins, it’s quite easy for me to manage my day trading and make more profit if the market goes up.

[magnum cyber]

I think that is very risky, even after you do research and analysis on one cryptocurrency investing all your assets in just one cryptocurrency is still very risky,I think it's better if you invest your money in a few coins potential than just relying on one coin

[iqlimasyadiqa]

Just choosing one is a very risky action, because when you fail you will lose everything. Divide several portions and do good investment management. You must be smart to do analysis and that way you will get satisfying results.

Investment must be done carefully, choosing a lot of investment will make you have a lot of variety to get a profit.

[jbarcenas18]

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 good to invest all your money in more than cryptocurrencies because you don't know if you gain or not. Just try to invest in one cryptocurrency and observe of what will be the outcome.

[modmalaney]

I was originally doing this where only invest in one or two cryptos only. in the result of course if big increases then the profit obtained. but at the moment this fall then the effects and risks been waiting for because it also will lose considerable value. distribute it to multiple cryptos better in order to create a mutually cover and balanced.

[krishnaverma]

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 it depend on the coin you are investing. For instance, coins like Ripple are safe to invest in.

XRP is yet another powerful option that many people are not aware of. According to the official data, it’s the third biggest cryptocurrency right after Bitcoin and Ethereum so, as you can expect, it’s a pretty good solution.

[erdemdio]

Its totally not safe. You can earn crayz money but you can lose same amount of money too. Allways split your bags.

[hacker1001101001]

I think putting your all eggs in one basket is not at all safe. We have to invest in different cryptocurrencies, not in only one. If one fails to gain the value then rest of cryptos will help you to generate profit.

[high110]

Of course not. This is contrary to one of the main rules of investment. You can never invest all your money in one asset. You should always reduce your risks when investing.

[r_delossa]

It is not safe it all, because if you would make a mistake by your investigation or prediction, you will lose a lot of money. Try to find at least 10 crypto currencies and invest an equal part in each coin to diversify your portfolio.

[mdenys]

It is safe if you choose bitcoin,maybe it is still ok for etherium or litecoin but I wouldn't do it with other cryptocurrencies,too risky ,diversification is still the safest way to save at least a big part of  your deposit in case of a negative scenario.

[brocardinf]

In me is probably screaming my education is economic , but it does not allow me to imagine a situation where I would have invested all in 1 project.

[carlisle1]

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?

THis is the most stupid thing a trader and investors might do,to put everything in single cryptocurrency because in this community diversification is one of the best strategy if we awanted to succeed and practically wise that if we diversified rhe option of gaining is much easier than in single investing this is what i learn from my experiences in this community

[Em00n01]

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.

[radjie]

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 you should not focus on investing in one or two types of crypto, because if we cannot choose the right coin to be used as an investment asset the coin may lose its value or have no price at all. however, if the type of coin we choose has a good future, choosing one or two types of coins to be used as investment assets is the safest way to do it first to start investing in cryptocurrency.
Therefore, doing research first on the coins we will choose is highly recommended so that the investments we make can be useful in the future

[kimhervias29]

If you are 100% sure of the potential of the coin your investing then go ahead. But right now, it is very hard to predict the potential of crypto. I would still suggest diversifying as an investment strategy even when the market goes high or low.

[novemberwoah]

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.

You right, should have the money invested in several coins that have good ratings on Coinmarketcap, I have suffered a great loss due to investing with large funds on one coin so I gave a better direction to choose several coins to avoid the loss if one coin experienced drastic decline.

[heartthew]

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 

[frekans07]

I do daily trading and taking a single coin with the whole investment can lead to bad results. Share the most profitable choice portfolio in a few coins