The importance of investing in different coins.

[Kingsley]

The importance of investing in several type of coin cannot be over emphasised because this gives us the opportunity of reducing our risk and exploring other benefits. Having the opportunity of trading in other coins is very advantageous.

 

[Bookwormlux]

At first I was only interested in Bitcoin thinking it is the only one with major potential, but now I know that other coins have good potentials too. It's best not to focus on just one crypto currency.

 

[Kingsley]

The importance of investing in several type of coin cannot be over emphasised because this gives us the opportunity of reducing our risk and exploring other benefits. Having the opportunity of trading in other coins is very advantageous

 

[Jimmie150]

There are so many importance of investing in more than one cryptocurrency in today's market. It leaves you with choice as to where to withdraw from when you noticed growth towards a particular one or more than o e coin.

Post automatically merged: Feb 1, 2021

There are so many importance of investing in more than one cryptocurrency in today's market. It leaves you with choice as to where to withdraw from when you noticed growth towards a particular one or more than o e coin.

 

[Janita]

There are unlimited benefits and importance of investing in different coins because if by chance one coin price decrease so we have the other options and Chances that may be the other coin prices rise and give us the huge profit.
Those who has invested in different coins are in out of danger and even they are in profit level but those who has invested in only one coin they can lose it .

 

[Peppul]

For many investors, coins that haven't been in circulation for so many years are the ones that dominate the rare coins market. These are reasons why investing in different coins can be a good investment.
1. Portfolio diversification. One of the investing golden rules in portfolio diversification, you will often hear investment gurus saying that it isn't good idea to out all your eggs in one basket. Investing in different coins gives you the opportunity to diversify your investment portfolio.
2. Value is consitency on the rise. Appreciation is one of the most significant advantages of investing in different coins. Although investing in different coin isn't foolproof, like any other form of investment, there are risk also.
3. A very portable form of investment.

 

[Tariq Shehzad]

It is very important you have some tips when Investing into Crypto currencies part of it is Investing in to different coins because if you do you will be charged to watch the performance of these coins are Interval which will give you access to more information about these coins and others.

 

[Sheun450]

Importance of investing in so many coins can't be overlooked because once you don't concentrate on one coin your loss will be less because trading with different coin open opportunities for you while trading

 

[Profwriter]

For anyone that wanosa to make money by trading in cryptocurrency, it's advised that such investor should invest in as many coins as possible, it is never a wise decision to put all your eggs in one basket. Invest in many crypto coins as financially possible.

 

[Maliha]

It is good idea to invest in some different coins as well because we have options to buy the coins when the rate is low and can sell the coins when rate is high but if we had invested in some other coins so it is the great choice to bear one side loss and one side profit because rates are not exact all the time it has some changes so some time we loss and some time we get to big profit.

 

[Asad Ali]

It has drawbacks and it has benefits. But one of the benefits is that if any of your coins have downtime or crashes, you can save yourself from failure. If you really stand on and rise from time to time while others fall, you can count on one of the coins. These various coins are also used to back each other up. Regardless of what's on the market, there's still space for you.

 

[singlej007]

Cryptocurrency is very wide, and I come across good potential coin monthly that I wish I have money to invest in them, because of the problem the present on the table to solve using blockchain, I love spreading my capital investing in different coin.

 

[Billy]

It is important to invest in different coins. That way, you will be spreading the risk across many coins. If some of them fail you, at least you can gain something from the remaining coins that you have invested in.

 

[Sincerem]

It is important to invest in different coins. That way, you will be spreading the risk across many coins. If some of them fail you, at least you can gain something from the remaining coins that you have invested in.

You are making sense with your thought. If we can spread our investment to other coins we can realistically aim higher reward. But we shouldn't just stake on any coin wee see, we should research on the potential ones and invest, hoping for it to appreciate, so we make profit.

 

[Justin]

If you want to diversify your investment, you will have to invest in different crypto currencies. You should not only invest in the well known currencies like bitcoin, ethereum, litecoins etc. but also lesser known like polkadot, binance, etc.

 

[Dowenship]

Crypto currency investment is no doubt a very lucrative business online at the moment.

It is very important you have some tips when Investing into Crypto currencies part of it is Investing in to different coins because if you do you will be charged to watch the performance of these coins are Interval which will give you access to more information about these coins and others.

The secret to investing into Crypto currencies is information about the coin and its prospect.

Crypto currency is a lucrative business which also have it time and seasons of lucrativeness ooo.... You can't use greediness to make cool cash in crypto currency. It requires patiency and strategy to make money from crypto curency.

Post automatically merged: Apr 5, 2021

The importance of investing in several type of coin cannot be over emphasised because this gives us the opportunity of reducing our risk and exploring other benefits. Having the opportunity of trading in other coins is very advantageous.

Yeah.... There are some coin that truly have the potenticial to make sudden profit but it take longer time compare to bitcoin which take min, seconds, hours and days to make profit. Other altcoin sometimes takes month before they rise to an unexpected stage but unlike bitcoin it longest period is days...

 

[Mostee501]

As the saying goes "one shouldn't put all their eggs in one basket ",so investing in cryptocurrencies is similar to that saying, when you invest in different digital coins, it gives you a little bit of relief in the sense that, you gain both ways and even if one doesn't prosper the other will.

 

[Bethel Victor]

Every coin has the potential to increase, just because one coin in increased already doesn't mean the other wouldn't, if you invest in different coins you give yourself a wide scale opportunity to make profit from either of the coin because they definitely will sometime increase.
The best coin to buy now are small ones because they can flip your accout thrice or more

 

[ahmedo24]

New strategy now is to invest in many coins especially smaller ones then you watch when they grow at least maybe hundred percent or two hundred percent then you trade off 50% of the coin and allow the rest 50% to grow. This strategy help Alot.

 

[Ub40]

I am still of the opinion that the importance of investing in different coins cannot be overemphasized as it is even risky putting all eggs in one basket. And one can take advantage of any earning opportunity that comes from any of the coins as coins rise and fall at different rate and time. That is my take.