In this section, we will go through some tips on balancing complete investment portfolios and diversifying the underlying risk. We will also look at the survival of cryptocurrencies.
"Do not put all your eggs in one basket," is a very famous saying that is very true when it comes to money and investment. This is critical when it comes to the cryptocurrency market. There is no specific rule on how one should diversify one's investment; it always depends on the risk appetite of the individual. It is advisable that individuals who are intellectual, conduct research and make their own decisions before investing in cryptocurrencies.
Let's look at the following factors that arise on investing in cryptocurrencies:
- Volatility: The crypto market is extremely volatile compared to the stock market. Investing in crypto assets has given...