Diversifying our investments is always the right thing to do. I just have 20% of my investment in bitcoins, a little in ETH and rest in other alt coins. I am hoping coins like Monero, Litecoin and Bitcoin will follow ETH.
Yes I agree with diversifying but not too much! Warren Buffet says diversifying is for people who are worried and he doesn't really do it he says if you got your numbers right there is no need to diversify!
Diversifying is important for small investors like us. If you are investing in millions then even when the price rises a cent they end up making thousands. Especially in the crypto market, you do not want to lose the chance to make money when a new coin hits a better price.
I don't think diversifying is absolutely necessary but that depends on your own strategy! I started like that and made small profits but the more confident I got in particular products I got in more heavily and they paid off but of course that's me and everyone has their own strategy
Yep very true! Stable at 2500 is good I'd say! I'm sure it will shoot up at some point! Some say as much as 25000 by year end but I'm not sure about that
25K by year end looks too optimistic, I would say it would end up somewhere around 3.5K max. Some people think that it would go up till a hundred thousand by 2020 but then let's wait and see.
lol yeah look the other way is probably a common thing with cryptos they are just so volatile! You are doing a good thing investing smaller amounts in a regular basis it's like dollar averaging for cryptos
It is going up but Bitcoin is waste of time now. We need to move on to other coins.
I hold other coins I think it's best to do so but I hold most in bitcoin and ethereum
Diversifying our investments is always the right thing to do. I just have 20% of my investment in bitcoins, a little in ETH and rest in other alt coins. I am hoping coins like Monero, Litecoin and Bitcoin will follow ETH.
Yes I agree with diversifying but not too much! Warren Buffet says diversifying is for people who are worried and he doesn't really do it he says if you got your numbers right there is no need to diversify!
Diversifying is important for small investors like us. If you are investing in millions then even when the price rises a cent they end up making thousands. Especially in the crypto market, you do not want to lose the chance to make money when a new coin hits a better price.
I don't think diversifying is absolutely necessary but that depends on your own strategy! I started like that and made small profits but the more confident I got in particular products I got in more heavily and they paid off but of course that's me and everyone has their own strategy
Yes, we do what we feel is best for us. I feel the best thing is to have a little money in each coin.
I wouldn't say its a waste of time when most people seem to have no understanding of it. It's relative stability is a good marker for now.
Yep very true! Stable at 2500 is good I'd say! I'm sure it will shoot up at some point! Some say as much as 25000 by year end but I'm not sure about that
25K by year end looks too optimistic, I would say it would end up somewhere around 3.5K max. Some people think that it would go up till a hundred thousand by 2020 but then let's wait and see.
2020 is when the mining capacity reduces by half so it will jump by how much no one really knows
Yep, I am just investing small amounts each month and looking the other way so that I wouldn't be bothered by the price rise and fall.
lol yeah look the other way is probably a common thing with cryptos they are just so volatile! You are doing a good thing investing smaller amounts in a regular basis it's like dollar averaging for cryptos
By waste of time, I meant that it is a waste of time to check its price as it is not stable. The best thing to do right now is to just sit and wait.
Hmmmmmmmmm