Should We Diversify Our Investments?

[SoiledDove]

Common wisdom for new investors is always of the 'don't put all your eggs in one basket' type. Don't invest all your investment capital in one company. Diversify so that at least if  one investment fails, the other will carry you through. Is there a similar type of advice for crypto currency investors? Is it better to concentrate on investment in just one crypto currency? Or should we diversify? I would love to know what others have to say about this.

[waser12]

This rule is common for all money-making strategies. There are so much unpredictable things that can happen with crypto that it would be super silly "to put everything in one basket".

[Iwillgotothemoon]

When you have enough money, diversified investments can reduce trading risk because you won't go bankrupt because of a single cryptocurrency cut!

[supine]

Common wisdom for new investors is always of the 'don't put all your eggs in one basket' type. Don't invest all your investment capital in one company. Diversify so that at least if  one investment fails, the other will carry you through. Is there a similar type of advice for crypto currency investors? Is it better to concentrate on investment in just one crypto currency? Or should we diversify? I would love to know what others have to say about this.

It depends on one's financial capability. The reason why most investors advice everyone to diversify investment is to assure that you will not lose all your funds just in case the market value drops. We all know that cryptocurrency market is volatile and the prices can change in just a snap. It is risky to put all your money in just one investment.

[aalavandan]

Diversification is the most important rule of every investor. Without divesification of your funds, you will lose a lot of money and it helps to minimise the risks of bad investment. If you take part in 10 projects and 2 of them turn scam, you will still get your profit.

[SneakyLady]

Achieving success in anything is ultimately a numbers game where failure is inevitable. Always diversify investments unless you have some insider knowledge. There is nothing more stressful than being dependent on any unpredictable entity for sustenance.

[manojpatelme]

Diversification is must if we want to reduce loss in crypto world. It is suggested by many expert investors so we should always diversify our investment.

[Iykecollinz]

Diversity is one of the major investment keys, but this should be done with the proper knowledge and information. This does not apply to crypotocurrency alone. One should equally invest in other products be it physical and online. This is for the singular reason that no investment is absolutely guaranteed. So at any moment, there should be a particular investment yield that will compensate for the loss of the other

[proTECH77]

Investment in general need diversification of portfolio to suit the rules and regulations guiding the principle of gain(Profit). Haven all investment into one basket can be risky and might end in looses. In my own view, i personally diversify my portfolio in order to make huge gain (ie) to maximize profits. Nothing is rewarding than diversification of portfolio in any investment.

[irenegaming]

I think that's an essential strategy if we want to have any kind of profit in this market, with the constant volatility that exists now, and we don't really know which currency will change price overnight, the best thing is to have eggs in several baskets, so do most successful investors and that's what we should do too.

[Rengga Jati]

Absolutely yes. We must diversify our tokens in order to manage our money, coins, and control our portfolio. Additionally, diversifying our investments will minimize the risks of losing our money. We can diversify from some coins for hodl and trading. There will be so interesting if we have understood how to diversify our investment wisely.

[blackhawkeye1912]

Diverse investment is one of the strategies of some investors here in cryptocurrency. In this tactics, better to distribute properly the amount of investment with bigger percentage on significant coins and smaller percentage on high potential coins. Considering this, investors are targeting higher profit but with higher risk.

[mayan251]

Diversified investment strategy is still more important. They should invest in rules according to their own funds. List details. Check daily investment strategy. Keep pace with market changes and make reasonable investments.

[warrior.coins22]

In my opinion, it all depends on someone's (investor) strategy or plan. Indeed, if calculated in one place is more uncomfortable. It would be better to put it in several places, to anticipate if there is one that fails, then there will still be another opportunity. And even then it must be based on mature calculations, not just speculation.

[kingzpro]

Well always stick to the basics, so according to that you should definitely diversify but personally i will suggest you to diversify if you have decent or big capital, if you have only small money to invest then it is suitable to only invest in one or two like btc and eth.

[BogdanGFTP]

All possible reasonable strategies require diversification of assets. There is too many options that any asset could decrease sharply and if all your money is in this asset - you will lose a large amount of it.

[Convery]

Of course! This rule does not apply only to cryptocurrencies, I mean that investors investing into many stocks, bonds, gold and so on to cover all sectors.
So if you want to invest into crypto - buy Bitcoin, other promising altcoins and rest money invest into classic market.

[rdewilde]

Common wisdom for new investors is always of the 'don't put all your eggs in one basket' type. Don't invest all your investment capital in one company. Diversify so that at least if  one investment fails, the other will carry you through. Is there a similar type of advice for crypto currency investors? Is it better to concentrate on investment in just one crypto currency? Or should we diversify? I would love to know what others have to say about this.

If you want to invest in this market, you will definitely be guided not to invest all your assets into an altcoin. So let DCA capital and invest in many different altcoin, and you need to be in control of all that, It will make you safer in this market

[batang_bitcoin]

This depends on your investment taste. If you think that you are good with diversifying then you have to diversify but there are investors that having bitcoin only investment fits them.

Some investors who diversified that much are making a lot of frustration because they allocated too much money with altcoins. Like what I said this only depends on your taste. Crypto's aren't the only place that you can diversify, you can also get into real estate, stocks and etc.

[antoarwadi]

Common wisdom for new investors is always of the 'don't put all your eggs in one basket' type. Don't invest all your investment capital in one company. Diversify so that at least if  one investment fails, the other will carry you through. Is there a similar type of advice for crypto currency investors? Is it better to concentrate on investment in just one crypto currency? Or should we diversify? I would love to know what others have to say about this.

I think the suggestion for Investment Diversification is the best advice for investment, because this is the experience of many people who have succeeded in crypto investment, so it is better to use this method, because it is effective to avoid losing your money completely.