Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover.
I love this formula / proverb, all traders are sometimes greedy. so they forget the risk of trading without leaving capital to keep prices deeper.
Trading does look cruel to anyone who does not have a strategy.
thank you for sharing, this post is very useful.
You should give merit if you said that useful. LOL kidding.
However, nkt putting all egg in the same basket is very old slogan but very useful till now and future.
Cryptocurrency trading is very unique and profitable for people who know how to trade. Knowledgable people is the winner.
Actually it's putting all your eggs into one basket is the one way that you can actually reach your goals in investing. Imagine investing in a winning coin/token but since you've diversified, you've only reached a fraction of supposed earnings.
Diversifiying is for people with low-medium risk appetite, if you've got the guts and knows your decisions well, you might as well risk it all.