Don’t put all your eggs in one crypto basket

[Hamdaan]

Whether you’re investing in stocks and shares, gold or Ethereum, diversification should always be the name of the game. Crypto investors betting on the next big thing should be mindful that not all currencies make it, so it is sensible to have fingers in several pies. In addition to this, ensure that cryptocurrency investments aren’t the only place you stash your cash. As part of a diversified portfolio of different assets, digital currencies can be a viable part of a financial strategy.

[toheed2x]

That is logical because if you stick with only single coin or project its not worth and highly risky at the end your will win or lose but if you go with multiple good coins there is lesser chance of losing because if one goes down other win gives you profit or fix the loss.

[Majaz]

That's right, because if the egg is placed in three baskets, there is definitely hope for big profits. So we will not be disappointed.

[Filo]

Yeah, it is one of the basic rules of crypto investment. The second one is that never invest more than you can afford to lose. Better remorse than regret.

[masterrex]

Whether you’re investing in stocks and shares, gold or Ethereum, diversification should always be the name of the game. Crypto investors betting on the next big thing should be mindful that not all currencies make it, so it is sensible to have fingers in several pies. In addition to this, ensure that cryptocurrency investments aren’t the only place you stash your cash. As part of a diversified portfolio of different assets, digital currencies can be a viable part of a financial strategy.

Thats the right thing to do, Since most of the time investing in one single portfolio might be dangerous if its failed its better to diversified into more choices in order to minimized the risk of losing all your money.

[debra]

I think I ever read this statement.
BUt well, in the crypto world, only putting our funds on one will give us more negative impacts. It is too risky to be done. All that we must do is about making a strategy on dividing the funds into some coins. That is why there is no need to put only in one crypto.

[VladEx]

Diversification can help you in the future. You can lose in one place, but win in another

[Thegals]

This is one strategy for investing and often heard. Because by investing in various crypto assets allows us to get profits when there is one asset that we buy down then there are other assets that are rising. Because not all crypto move in the same direction, sometimes there are ups and downs according to the market situation. So this is a good strategy to do.

[diygirl]

You are right. To invest, we never think to put all our money on a single coin only. We must spread out our assets on some or various coins. With this way, it will make more chances to get higher profits. And it also can prevent big losses.

[Asebaby]

Diversity is one of the best way to invest in cryptocurrncy,that gives you a better hope and security of your investment, should in case you are scammed on one project you have the other investment to hold on.

[hermae]

I totally agree. Diversification is really important for investments because it would give us security and choices in case there are scams in some of our investments. But we should carefully choose which to invest to avoid falling to scam projects.

[Kusuma]

Even though one project looks good but if you put all the money you have into it it will be very risky, and it's better to divide your money into several projects.

[shadowdio]

I agree we should not put all our eggs in one basket, just divide your money in 2 or more cryptos, but should potential cryptos chances are that one of them can pump the price.

[Rituvohra01]

Totally agree with this statement that don't pull all your eggs in one crypto basket. It means always invest in different coin not a single coin.

[robelneo]

It's a bad idea and experts are not recommending this, to put all your eggs in one basket, you can lose everything if you only have one coin to trust for all your investment, always expand your portfolio to at least ten good coins in the market.