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

[hassan raza 87]

THis is just crazy if you put all your eggs in one basket and sudden your basket broken the all eggs will destroy so put your eggs in  many baskets you can so it will be safer and better for you

[Edwinvicky 819]

Not cool to just put all eggs in one basket. You could share into two or three. Anyway it depends on the coin too, if it is Alt, No No No, if btc or Eth then no fear.

[adamramis 496]

First thing I would say if I saw this what you did is high risky but as you know make a lot needs risk and it depends on the coin you invested on if it good coin or just fake be careful with that 

[Eneudis 27]

Although large investors such as Robert Kiyosaki, recommend diversifying our money, that is, placing investments in various assets, personally I plan to invest at least 80% of all my capital in bitcoin, I believe that this cryptocurrency will be the gold of the future And I am not going to lose the opportunity, it is my appreciation of investing in the long term, it may be somewhat risky but at the same time the safest thing we can do.

[matosjohan 141]

It is never advisable to place or invest all the money in one place, the risk is very high, this year I made an investment in a platform that was working excellent and which I could get good profits, however from one moment to another hill and I could not recover my investment, although the crypto currencies are safer, are also very volatile so diversify your purchase in at least 2 or 3 would be ideal, you can incorporate a recognized ICO and so hope that when one goes down the other rise and can maintain profitability

[Ryken8 545]

Don’t put all your eggs in 1 basket as the saying goes, I would suggest to distribute it to 2 or 3 to lessen the risk of breaking all if the basket falls.

[peace4all 46]

On 10/6/2019 at 12:11 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?

 

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

Investing in 1 coin is not a wise decision. There may happen many things in future, we are not aware of it. Investing in top multiple coins are somehow safe for your funds. We should always monitor what's going on and what may happen in crypto industry.

[adel2030 6]

You should definitely carry more than one coin, to avoid pumping

[hamada20 13]

Best multi currencies are fairly safe for your money

[misuomeso 46]

Always choose the profitable currency. It is possible to invest in Bitcoin, but it is better to vary between currencies so as not to risk your money.

[Onden 2098]

Yes it is risky. I think you can invest your money into two coins, the first one you can buy ETH for the main investment. Then the second you can buy half of the money you have to buy Litecoin, I think these two coins are very profitable. Both have high volume and high price fluctuations so they are profitable.

[Goyaa 2414]

I am not experienced in investing, but I learned from a few people I know that investing with just 1 coin is risky. You need to invest in a few coins to have a reliable coin reserve in case any other coins you invest in suffer a loss.

[julioespinoza07 52]

Well, I think it's a bit risky to put everything in one currency, if it's good to keep something in BTC, a percentage, and the rest in another currency, always be aware of the movements so you won't lose, if you're going to put it in one currency, be careful and move it to a stable currency if you see that the price drops so you don't lose

[yellowxmr 14]

Its riskey, i think it is best to invest in two or three different curriencies.Binance coin, tron, cardano, bitcoin ,ethereum, xrp, and litecoin are best coins to invest.

[leomar32151 132]

Hello friends for the little experience I have since I am not a great expert in this type of investment but I have seen that it is very similar to how the stock market forgives me if I am wrong but from my point of view I see it that way I do not think that it is so risky that you invest in a single currency trying to make that currency strong and highly reliable in the market
Remember that every investment has its risks in the virtual currency market, apparently time and patient influence

[Men4es 99]

Well, this strategy of betting a farm on 1 coin is of course lead to a huuuge risk. Of course you have a chance of winning this bet but it basically turns into a lottery ticket. I dont like such approach too much. I do bet on certain coins but never put more that 5-10% of my portfolio in a particular coin. Even 5% is considered too risky by some people. Most of them say - 1% 2% to be invested in an alt

[marea he 0]

It is a great risk that you put all your capital in a single currency investment. If I were your place, I would have followed the method of capital management by distributing my capital to the most successful cryptocurrencies as a maximum of 5 Bitcoins. Ethereum and the three Etcoins I consider them among the first currencies and investing in them in the long term is inevitably successful.

[mifa 19]

The risk is very high, try not to risk more than half and that the currency is heavy

[Joseph J 608]

It would be a risk you can put half of your money in Bitcoin or Ethereum or any other but everything in an altcoin would be at your risk an altcoin can go up as it can go down they are still volatile likethe other currencies unless they are Stablecoins. and therefore it would be a short or long term risk.

It is your decision but I advise you to invest in 2 or three more currencies

no only one

 

[raking 50]

The rule of thumb is that you should not put eggs in the same basket. You should divide the money to buy more coins to make a profit and reduce the risk.

[Captin 0]

Investing all your money in one place is considered a risk if you are a beginner, but if you have high confidence in this investment, proceed with it without hesitation, in the end there is no such thing as a 100% guaranteed investment

[smithk 149]

A wiser investor would always spread his risks. Spread your investment in various coins after doing good research.

You can decide on the different percentages you'll invest in different coins based on how much funds you have or how much of each coin you want to own

[Orlandito 58]

On 10/9/2019 at 3:23 PM, BitcoinCase said:

Depends on nothing, it's a bad idea altogether. When bad news comes and dumps, then what? You got Rekt that is what. That is why you don't go all-in. It's a rookie mistake, don't learn the hard way. 

You're right friend, I fully support you. of course it is a risk to invest in a single currency. no matter how much we say here, there are always people who do not understand and do not want to pay attention. It is like the saying "no one is taught by an agena head".

Edited October 26, 2020 by Orlandito

[guatazoo 7150]

Never believe only in one coin even if it is bitcoin, because those coins price is depending on how people trade the coin, so sometimes traders can trade the coin for low prices and drop its demand. 

[Zeshan Khalid 2577]

If the coin is a developed one like BTC, ETH, LTC or XRP then its not risky at all. But investing in comparatively newer token even if it have good growth is still risky.