RE: Today I bought my first Ethereum, tomorrow Litecoin....Is it good to diversify with Crypto?
If i would have $1000 to spend I probably would go 50% BTC, 25% ETH, 25% Litecoin. I think that BTC is there to stay, and in the long run it will just gain value since until the year 2140 (more or less) there will be a max number of 21 Million coins around because it is defined like this in the BTC protocol. For sure if in the future they would change that limitation BTC would loose value.. but until then it will just go up. ETH is just a great piece of software and I think it will have a lot of areas where it will be used, so for sure it will gain in popularity and value in the next coming years. Litecoin is more a gut feeling.. but it could happen that it gains popularity for a short time and then looses it again.. but.. at the moment it looks like a good investment.
Personally I have a bit of all of them and also STEEM,Dash and some more...
In general it is good to diversify because you want to minimise risks.
I am pretty new to this game.. but I see potential in so many areas at the moment, I think it is a good time to invest in general.
I also forgot, do not be alarmed if BTC drops around August 1. There will be a softfork happening that could cause some panic sales and make the price drop.. but also nothing could happen. Just be aware that the softfork is happening and be sure to have your bitcoins in your wallet and not on a trading platform when the soft fork happens. You can read more about it here: http://www.uasf.co/
Thank you. The majority speaks the same as you. Like minded people are awsome.