I investing all my money in 1 coin. is this is risky or safe ?

[GanBin 705]

Making use of example is good, take for example I bought bitcoin at $10000 last year, it is the only coin I am investing on, does that mean I will lose, in fact, I have gained. Multiple coin can be a disadvantage during decrease and sharp drop of price. 

[i_shoaib13 26]

I think it is easier to invest money in different coins. Do research first and invest in the safe most option. 

Always get on the safer side. 

[jackycrypto485 1055]

I think dividing your money between at least three Altcoins ( 100$ per coin) is much better, I had a harsh experience a short time ago when I bought around 1200 XRP at 0.65$ and I thought that Ripple would cross 2$, but unfortunately what happened was the drop of Ripple. Surprisingly, to $ 0.25 and lost a large portion of my money.
Therefore, you must always remember the saying that says: "Do not put all eggs in one basket."

[Bitpapacoins 61]

6 hours ago, Yashu said:

I think it will be risky when the coins will get low

But the coins likes bit, ltc,eth and etc..., Some them will never be zero it places some huge amount so don't be panic it will get you good amount

It is btc for bitcoin not bit. You are right about these coins not getting back to zero again, it is not possible, they will only just attract more investors and making their prices to go further to increase. This has also be the time institutions are joining,m which is another way of bitcoin price manipulations decreasing. 

[DrAhmadAlkazem 219]

You're risking an your capital, my advice is to diversify..

Invest your money in several currencies, and Bitcoin should be number one then whatever you want from alcoins. In this way you will be safe my dear friend. 

[Yazmani 149]

It's a very risky. Because :

1)If any problems is created here then we lost our all money. 

2)If one coin is spamming by a spammer then we have to face a big problem. 

3) If the price of one coin is fell down by chancing. 

4)Then We also have a big problem. 

5)There are many also coins on that we can trading that are:

1) Cardano

2)Staller 

3)Lipper

4)Altcoin

5)Litecoin

[Sophia Ella 36]

It not good putting all egg in one basket, as a trader you have to spread your crypto asset in two coin or three, in which can give you hope of not losing all your funds.

[selfmade 7]

7 hours ago, yumurcak said:

If it is up to me, this is risky, but if you win there will be more profit. Economists recommend distributing more than one investment instrument to reduce risk. I usually prefer a single investment.

I'm with you investing in one coin is more beneficial especially if you have enough experience with that coins and investing in it gains you more experience and confident.

[Megan Kyle 955]

From my point of view, putting all money into 1 bitcoin is high risky. You can divided your money for different sections. You can invest in 2 or 3 sections. I think this will best. So you should analyses the market conditions. And take advice from experts. 

[Bitpapacoins 61]

On 1/8/2021 at 7:05 AM, MuhammadHamza said:

Don't invest your whole money. Invest little amount.Yes it is risky. It can make you millionaire or drop to nothing. 

@MuhammadHamza You are right, it is not good to invest all the whole money or fiat in cryptocurrencies. But what the topic beginners meant is that is it good to invest in one coins or many coins. Like some people think it is more risky to invest in many coins. Your opinion will be high needed. 

[Roarnoman12 621]

Making all the investment at one place is always risky. You must have the courage to bear the loss if unluckily you have to face it. Risks are a part of life dear mate.

Edited January 17, 2021 by Roarnoman12

[chambers 58]

Well, some may view these as safe, but personally I think it's one of the most inappropriate investments strategy to ever engage in, putting all eggs in one basket!!! 

[Sophia Gomes 124]

It depends on you actually. If you choose to strong alt coins that will be safe for you. Butt you can also choose bitcoin where bitcoin is the most profitable cryptocurrency. I think, you should invest in different coins. But you have to choose the strong coins for that. Without doing proper research, you can lose your money. Many people lose their money for choosing wrong coin. 

[ja8u2s 130]

First of all we have to know everything about the cryptocurrency in which we are going to make this investment, knowing what we are going to do we can ensure good profits.

[jnbezchess 1066]

I advise you to wait until the dominance of Bitcoin falls below 60% and then distribute the $ 300 to 6 alternative currencies that have a large trading volume and have a new and strong project.

[isther69 521]

Hello friend, I would recommend you to use 2 or 3 options to increase the possibility of having some profit with one or two of the options, since you only invest in one you have less possibility of profit and high risk of loss because if the price goes down your money will decrease considerably by not having more options.

[huesca123 946]

Never put all your eggs in one basket, as the saying goes. I would split the investment into maybe 3 - 6 coins. I cant tell you which coins but I would say, look for 2 or 3 stable coins that have high growth potential, like eth, ltc, monero, zec, eth. Then look for maybe 2 - 3 cheap coins that also have a high growth potential. Maybe 2 - 3 cheap coins that are in the top 20 traded on a couple of different exchanges.

[SuperCrypto 7193]

The first and most important rule in trading is not to put all your capital into a single cryptocurrency investment !! No one knows what might happen to this currency, it may collapse suddenly without warning, perhaps for economic, security or legal reasons. Notice how the Ripple coin fell from 0.78 to 0.15 in two days, so you must distribute your capital to three Coins at least.

[Bilalshujra 94]

Dear bro you are doing risky work you invest in many crypto currency because it is risky for you it can bhe down and very risky work you invest in multiple crypto currency then you can earn profit

[Shebiii 203]

On 10/6/2019 at 11:11 AM, stonman said:

the altocoin market is so variuous and there are dozen of fascinating tasks that can be upheld. 

Be that as it may, i'm a little financial specialist (300$) and i'm genuinely thinking to place all my cash in just 1 venture I believe is awesome which curretly is in the best 10 of altcoins. I would prefer not to say the name on the grounds that my theme needs to be extremely broad: what do you believe is the hazard thusly? Would it be advisable for me to put resources into 2 or 3 coins?

 

Do not forget the rules for creating topics (topics begin with a capital letter)
Moderator Desais👮‍♂️

Dear mate i think it is good decision to make all investment in only one coin. It think it can give you more benefit. Because if you invest in three coins than for profit all coins value must be increased. And if value of one coin increase and other decrease than investment is useless.

[Hasnain Afzal 102]

Yes it is very risky to invest your all the money in one coin .i think we see the value of all the coins and get some information for the coins and choose the best coin for invest our money .In my opinion the best is bitcoin it is valeuabel and profitable. We should invest our money in bitcoin and some other best coins .

[UnknownBoy 70]

This will make good or not to invest your all amount just in 1 coin. I want to tell you that that you are investing your all amount and if your luck will be good then you will get a very good profit but if you fail then you will loose your all money.

[Mwituri 138]

The best way is to choose 5 coins you will reduce the risk of losing the investment. Choosing 1 coin is a big risk We do not know when the price of cryptocurrency will rise or fall

[Dedo 263]

In my personal opinion, I do not place all my investments in the same place .. I think that investing in two or three currencies with the highest limit is the best option for me, as I do not have the necessary experience to determine the best currency .. and the market is very volatile, the distribution of investment will be better than confining it to one option.  . good luck

[huesca123 946]

You know what they say, " Never put all your eggs in one basket ". In theory it might sound like a good idea to you but if I was you, I would split my investment up into maybe 3 to 10 different coins / tokens. If you want to put roughly half in BTC & then split the rest into other coins, that is also a possibility. Diversify is the name of the game when investing !!!!!!