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Author Topic: Diversifying has never been the same in crypto.  (Read 520 times)
bitcoinsc (OP)
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February 03, 2019, 01:57:31 AM
 #1

Diversifying is a new meaning when it comes to crypto currency. Alot of crypto coins out there now. is it the generation of diversifying your portfolio. Now the average investor don't have to invest in Bitcoin if they don't want to. They got dapp coins. Privacy coins. Cloud coins. So many coins. U don't need to invest in one place anymore. Any bull run can give u net gains of over 2000% in a single night. Only if targeted by luck.

Ethereum and Uniswap.
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Reid
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February 03, 2019, 03:51:21 AM
 #2

You really want to base it with luck?
True that there are a lot of options by now but you have to be sure with every pick that you will make.
It is not just buying over and over again and wasting money and then just wait for something multiply by 200 percent.
This aint gambling. You cannot just rely with lady luck.

Pick those who have a good feature then filter them until you have the best of them all.
That is what I have done and I hope it could give you some points to consider. Dont want to be just wasting money right?
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February 03, 2019, 07:23:15 AM
 #3

Diversifying is a new meaning when it comes to crypto currency. Alot of crypto coins out there now. is it the generation of diversifying your portfolio. Now the average investor don't have to invest in Bitcoin if they don't want to. They got dapp coins. Privacy coins. Cloud coins. So many coins. U don't need to invest in one place anymore. Any bull run can give u net gains of over 2000% in a single night. Only if targeted by luck.

There's no such thing as diversification in crypto trading,because all the cryptocurrency prices are tied together.
If there's a bear trend,the whole market goes down,if there's a bull trend-the market goes up.How could you diversify this?

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February 03, 2019, 07:24:07 AM
 #4

If we want to make consistent profit from trading in the spot market we should be learn the trend of different market, not only in crypto because as we know when Bitcoin downtrend, all others altcoin has been follow it. We should be also trade in the others asset like stocks or gold. We should only trading on the crypto market when the market on bullish only.

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February 03, 2019, 11:20:53 AM
 #5

I still believe in diversification and it depends on the angle you look at it,diversification is simply about not putting all your eggs in one baskets,and despite the closeness of cryptocurrency coins,they usually differ in pump and dump/highs and lows
So I strongly believe diversification is a viable strategy in cryptocurrency investments that should be used by many
ShadowBits
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February 03, 2019, 05:57:17 PM
 #6

Diversifying is a new meaning when it comes to crypto currency. Alot of crypto coins out there now. is it the generation of diversifying your portfolio. Now the average investor don't have to invest in Bitcoin if they don't want to. They got dapp coins. Privacy coins. Cloud coins. So many coins. U don't need to invest in one place anymore. Any bull run can give u net gains of over 2000% in a single night. Only if targeted by luck.

If you are an investor who likes to do long-term trading then diversifying is a good idea, but for me as a trader I would like to pick a good coin to trade it for a short term.
palle11
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February 03, 2019, 06:37:00 PM
 #7

I believe diversification is a good way to make profit but it also has it negative side. It negative side is when you don't do enough research to know the prospect of the coin you intend buying because some coins won't just make any gains. They just remain shit coins.

If you get into such, then you certainly would make a loss.
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February 03, 2019, 07:09:36 PM
 #8

I don’t think making 2000% gain is only based on luck. The people who earn from crypto prices appreciation actually do lots of research and get updated with current news before they invest.
BitHodler
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February 03, 2019, 08:18:45 PM
 #9

Diversifying is meaningless here. The only thing you need from an investor's perspective is Bitcoin and a top tier altcoin to accelerate your gains. Investing in shitcoins isn't something I recommend anyone here to do.

I hold both Bitcoin and Ethereum, and that's more than enough. Not going to put any liquidity in trash that shouldn't exist in the first place. The fewer people invest in shitcoins the less appealing they look to get rich quick rookies.

Any bull run can give u net gains of over 2000% in a single night. Only if targeted by luck.
I'm sure that whenever you see the price increase with 50% you can't prevent yourself from cashing out. These mad gains are only possible when you ignore the market and later on see that prices exploded....

BSV is not the real Bcash. Bcash is the real Bcash.
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February 03, 2019, 08:48:04 PM
 #10

Diversifying is a new meaning when it comes to crypto currency. Alot of crypto coins out there now. is it the generation of diversifying your portfolio. Now the average investor don't have to invest in Bitcoin if they don't want to. They got dapp coins. Privacy coins. Cloud coins. So many coins. U don't need to invest in one place anymore. Any bull run can give u net gains of over 2000% in a single night. Only if targeted by luck.
Sure! If you do not want to put all of your money at great risk, divide it. You know, all the prices are hanging from the foot of the Bitcoin mother and tomorrow just one news can destroy all prices. But, if you are only interested in dealing with crypto, you can keep your money as it is and try short term when needed.
Ucy
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February 03, 2019, 10:04:48 PM
 #11

I would advise you to keep secret whatever makes you money in this market.
 I wish there is a way we could to share trading ideas without revealing too much publicly. This about
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February 03, 2019, 11:25:41 PM
 #12

Diversifying is a new meaning when it comes to crypto currency. Alot of crypto coins out there now. is it the generation of diversifying your portfolio. Now the average investor don't have to invest in Bitcoin if they don't want to. They got dapp coins. Privacy coins. Cloud coins. So many coins. U don't need to invest in one place anymore. Any bull run can give u net gains of over 2000% in a single night. Only if targeted by luck.

All altcoins and tokens are correlated with Bitcoin though. There's no escaping it. If BTCUSD is in a bear market, altcoins will fall too. In fact, they'll fall harder than BTC. That's why I never hold altcoins during a bear market.

The only time it really pays to diversify into different altcoins is during an altcoin bubble like early 2017. As each coin you own pumps, you can take profits and reinvest into coins that haven't pumped yet. These are rare opportunities though. The entire year of 2018 was a bloodbath for alts and diversifying didn't do shit.

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February 03, 2019, 11:43:41 PM
 #13

Diversifying is a new meaning when it comes to crypto currency. Alot of crypto coins out there now. is it the generation of diversifying your portfolio. Now the average investor don't have to invest in Bitcoin if they don't want to. They got dapp coins. Privacy coins. Cloud coins. So many coins. U don't need to invest in one place anymore. Any bull run can give u net gains of over 2000% in a single night. Only if targeted by luck.

That's not a good perspective, my friend.. The crypto markets are more mature now, I'll tell you this: When the bull market finally arrives you won't see much coins exploding around. People will be very careful on what projects/coins/tokens they put their "leftovers" on.
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February 03, 2019, 11:45:05 PM
 #14

Diversifying is a new meaning when it comes to crypto currency. Alot of crypto coins out there now. is it the generation of diversifying your portfolio. Now the average investor don't have to invest in Bitcoin if they don't want to. They got dapp coins. Privacy coins. Cloud coins. So many coins. U don't need to invest in one place anymore. Any bull run can give u net gains of over 2000% in a single night. Only if targeted by luck.
The diversification of Cryptocurrency is one of the advantages that attract investors. You can easily own many different Altcoin, and a different Altcoin has its unique characteristics of the technology. Especially every Altcoin has its support and impact from different large investors.

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February 04, 2019, 12:13:33 AM
 #15

The problem with holding shitcoins and also crypto is that it's extremely hard to time your sells and buys. Not everyone predicted BTC peaking at $20K and sold there (most believed BTC would continue moving upwards), and there's also no telling when a shitcoin's going to stop pumping or if it ever will pump. Pretty big gamble especially in this bear market IMO, which is why I've moved most of my portfolio back to major coins like BTC, ETH and LTC since we started dropping from the ATH. The bear market's definitely not helping your chances of having a coin you hold get pumped.
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February 04, 2019, 01:40:42 AM
 #16

There are alot of others kind of investment that has lower fluctuacion and more safe than crypto,  so we have to learn also that as diversifiying. Make invest in real estate is more safe than crypto,  though offer lower return than crypto.  Just make sure we enter in to crypto market when bull market start and exit if our target profit achived.

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February 04, 2019, 06:10:16 AM
 #17

I am not sure that diversification can generate more than 2000% profit, this is ridiculous. Because everything is connected to each other to follow the price of bitcoin as a reference for all altcoins.
In addition, investors are smart enough to choose which they will choose to invest.

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February 04, 2019, 06:32:17 AM
 #18

Diversifying is a new meaning when it comes to crypto currency. Alot of crypto coins out there now. is it the generation of diversifying your portfolio. Now the average investor don't have to invest in Bitcoin if they don't want to. They got dapp coins. Privacy coins. Cloud coins. So many coins. U don't need to invest in one place anymore. Any bull run can give u net gains of over 2000% in a single night. Only if targeted by luck.

That is actually right but it's still depends on the coin. Not all of them will get lifted when there is a bull run. I remember some supporter of a specific coin who always mention it on why it still don't recover when everything else is doing good. Maybe find those tokens who has good volume because it's always the first criteria of a good project.
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February 04, 2019, 08:21:50 AM
 #19

That's the basic when investing, even before, this market is good to diversify but the number of coins now are growing steadily, unfortunately most of them are scams, so be careful when diversifying, choose only those what have a great potential in the long run.

My way of diversifying my investing is, 50% of BTC and the other half is on altcoins, BTC is a safe buffer because BTC will not die.

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February 04, 2019, 10:02:38 AM
 #20

Diversifying is a new meaning when it comes to crypto currency. Alot of crypto coins out there now. is it the generation of diversifying your portfolio. Now the average investor don't have to invest in Bitcoin if they don't want to. They got dapp coins. Privacy coins. Cloud coins. So many coins. U don't need to invest in one place anymore. Any bull run can give u net gains of over 2000% in a single night. Only if targeted by luck.

I agree. I think what makes it different and new these days is the fact that there are so many popping coins, and most them will just slowly die away and perish because factoring in the difficulty to survive in the market, plus the fact that competition is steep, it's just so hard to find your niche right now compared to before. Therefore, diversifying is now becoming a big no-no because it would just open the floodgates to more risks that people now are just too tired to endure.
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