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

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30 minutes ago, idrissultana said:

Depend on the coin, fo bitcoin i say it's safe since it will always recover, but sometimes could take longer, also Ethereum, Litecoin and XRP are also stable in that matter and many more that i don't know about.

I'm with you on this, if that only coin is BTC I think it's not a very bad idea, but in alt coins It's really much more riskier, alts are having a bad time and some of them had more than 90 percent drop from their ATH price

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On 10/26/2019 at 11:43 PM, cagari said:

Тhаt's in саse thаt 300 dоllars is yоur cash, a hugе chance yоu're taking hеre. Мaybе brоaden а small bit in аltсоins. What on thе оff сhаncе that you selеct the оff base сoin hаvе you ever in spitе оf thе fаct thаt?

Well 300 dollars sis not a lot to put in one coin if you want to make sizable profits, trading big gives big reward, that how people make big money in crypto by trading with a sizable investment and trading good.

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On 10/8/2019 at 11:45 AM, Sungoku said:

it's terrible if you invest in 1 coin but the coin goes to $ 0,

just look at NPXS, very sad

Almost every coin/project got rekt from this bear market. You need to be patient to make some profit, my friend. Wait for the next bull run! 😉

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Just now, seriousguywithfunnypants said:

Almost every coin/project got rekt from this bear market. You need to be patient to make some profit, my friend. Wait for the next bull run! 😉

most of the coins will probably recover in the next alt season probably but I don't think that all of them will have gains, many of them are just abandoned even by their own team

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On 10/27/2019 at 8:48 PM, MyThoughts said:

I think you're right.
It's necessary to study well the project of the coin in which you are going to invest.
And to invest in one coin or several, it will depend on the total amount of money invested.

Surely. If you invest only a small amount in several currencies, it will be difficult to raise the price at all, so that it will bring you a good profit. But if you only invest in one currency, the risk is higher, but if the price increases you will get a significant profit.

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"Never put all of your eggs in the same basket".

 

This phrase synthetizes your situation. Yes, you are at a risky situation, in another words..

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Hey. I think that investing in a single asset, is risky. You shouldn't do that kind of stuff. This being said, what have you thought of investing into?

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15 hours ago, Mohs3n71 said:

most of the coins will probably recover in the next alt season probably but I don't think that all of them will have gains, many of them are just abandoned even by their own team

Yes, that’s right. You need to find a promising project with a decent technical team and community to invest in. There are lots of abandoned projects right now in the crypto market because of bear days.

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5 hours ago, wingfield said:

Surely. If you invest only a small amount in several currencies, it will be difficult to raise the price at all, so that it will bring you a good profit. But if you only invest in one currency, the risk is higher, but if the price increases you will get a significant profit.

So I’m talking about this.
The golden mean is the key to understanding how much money to invest in how many cryptocurrencies...


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2 hours ago, MyThoughts said:

So I’m talking about this.
The golden mean is the key to understanding how much money to invest in how many cryptocurrencies...

If you do a good research, you can invest even a large amount in one currency. At one point, you have to make a profit and only one, because investing in crypto is a long-term one. In gold, however, I think it is the best investment.

 

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Obviously it's risky. As a student of finance i learned that, "To become success invest your money in different sectors, not in one " i always apply this theory. You invested all your on currency for profit, right? But if the price decreases than you will face a big lose. That's why i would like suggest not only you, but for all, never invest your money on a specific coin, choose more coins. If you face lose in one another will meet up the lose. 

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This is very risky, but if you have invested all your funds in BTС and at the same time keep it in your personal wallet, then this is the right choice. Good luck to you!

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On 10/22/2019 at 1:27 PM, cryptosix said:

Yep, you can double your money in less than a year as per my knowledge, but 25% extra would be a very short-term investment with Bicoin. There are more ways to invest in Crypto and make profit in right time. If you study about a coin, then you will make decent money.

And I just like to add more something about what you mentioned in the above, that aside from it can double, actually, it can more than x2 were it depends on your exploration here in crypto crypto currency, we have a lot of options here for us to earn in different ways, you capital can only be multiply if you choose the potential one remember that. 

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3 hours ago, cryptokram said:

And I just like to add more something about what you mentioned in the above, that aside from it can double, actually, it can more than x2 were it depends on your exploration here in crypto crypto currency, we have a lot of options here for us to earn in different ways, you capital can only be multiply if you choose the potential one remember that. 

So which one do you recommend for doubling our money as we saw Bitcoin price is too high at the moment. If we want to make double than we have to for another $20k.

I think you are referring to altcoins that had low price.

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46 minutes ago, cryptosix said:

So which one do you recommend for doubling our money as we saw Bitcoin price is too high at the moment. If we want to make double than we have to for another $20k.

I think you are referring to altcoins that had low price.

If you are going to review about the coin listed in the coinmarketcap, I discovered that there are several altcoins so far were their price was too cheap at the moment but the volume was impressed me, on which I knew it has a potential to increase in the future.  And one of these I saw was CNN, you can check them out and see it for yourself
https://coinmarketcap.com/currencies/content-neutrality-network/

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44 minutes ago, cryptosix said:

I think you are referring to altcoins that had low price.

Why not BTC? We are still more than 50% away from our previous ATH, right? What make you think BTC will not increase? Or something else in your mind?

In 2017, 30th October, the price of bitcoin was $6071 but in December the price was more than 3x, imagine 3x from this place 😎

Screenshot_7.thumb.jpg.b4d627d31adb74b8b66634149db7da95.jpg

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21 minutes ago, cryptokram said:

If you are going to review about the coin listed in the coinmarketcap, I discovered that there are several altcoins so far were their price was too cheap at the moment but the volume was impressed me, on which I knew it has a potential to increase in the future.  And one of these I saw was CNN, you can check them out and see it for yourself
https://coinmarketcap.com/currencies/content-neutrality-network/

I just saw CNN coin and the price gradually decreased to lowest, but I won't think it will increase like LTC or Ethereum. If the developers  are working, then the coin wouldn't fall down. You are saying about Volume, that people are buying a lot and selling them. Did you ever seen that is real volume?

Let see after a month about this coin how much it will increase.

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3 minutes ago, cryptosix said:

I just saw CNN coin and the price gradually decreased to lowest, but I won't think it will increase like LTC or Ethereum. If the developers  are working, then the coin wouldn't fall down. You are saying about Volume, that people are buying a lot and selling them. Did you ever seen that is real volume?

Let see after a month about this coin how much it will increase.

That was just my assessment for now, because I know that anything can be happen, if some of the coins don't have enough volume but using pump and dump methods they still survive how much more like this that has a nice volume even it got decreased in the market but still good to buy.

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6 hours ago, Scottsummers said:

Depends on which coin it is I guess. But the old saying always stands. Don't put all your eggs in one basket. No matter how sure you are. 

Yeah right, if you choose wrongly, then you can lose your money, but if your choice is right, then you are a lucky person, because you only invested your money in 1 place, then you have to choose the right place.

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17 minutes ago, cryptokram said:

That was just my assessment for now, because I know that anything can be happen, if some of the coins don't have enough volume but using pump and dump methods they still survive how much more like this that has a nice volume even it got decreased in the market but still good to buy.

If you think that coin is good to buy, then what happened to the last six months, did the price got doubled in those months?

Maybe the volume might pump and dump like Bitcoin, however these low price coins will nothing interfere for us. Anyway thanks for your feedback on this CNN and everyone wants to buy good coins than bad coins.

 

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12 hours ago, MyThoughts said:

So I’m talking about this.
The golden mean is the key to understanding how much money to invest in how many cryptocurrencies...

I think this is up to the investors and what ever amount they are investing and someone can even invest a huge amount on one project say Bitcoin, I would do that, invest all my funds in just Bitcoin cos I believe I wouldn't lose.


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2 hours ago, Muneeb said:

As you say about luck that if he invest his money in a single coin and that coin is not going to up then he lost his everything and i think this is not good for him. My suggestion that if he buy different coins and safe then in his wallet when the market is bull he can get good profit in teo to three coins easily.

definitely, investing in one single coin produces a very unhealthy risk for your investment. The best way to reduce risk will be splitting the investment into different tiers and invest in several coins, this way the chances for profit are much higher

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On 08.10.2019 at 7:35 AM, hawrepius said:

If you have $ 300, then my advice is to buy altcoins with lower prices, such as NPXS, TRX, DOGE, I think this is popular altcoin and you will feel the benefits if the altcoin goes up, but if you choose the higher one, then it's up to you.

I do not recommend investing in NPXS. This is a very bad coin on which I lose a lot of money. Beware of her. This is my worst investment. I bought this coin for 16-21 satoshi. Now it costs 1 satoshi. Moreover, it is no longer traded on Binance paired with bitcoin. Traded only with ETH

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On 10/6/2019 at 2:11 PM, 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?

 

 

I think it is safe since you said that you just pick from the top ten coins. Because even if the price of it goes down. It won't go down that much and it can still go high again. While from the new and developing token. They can go high in some point and drop a lot suddenly. And many of the investors go bust by that. I think your decision is correct for investing from one of the top 10 coins. But you can still go and take advantage of the volatility of the coins and gain more profit in the short time. But still it is some kind of risky and you need a lot of patience and monitoring to wait for the price of your coin to go up.

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