While investing everything on a proven winner is the quickest way to bring a high return on an investment, it is also the riskiest. With a diversified portfolio, the downturn of one altcoin matters less. By spreading investment capital over a wider field-of-play, an investor is maximizing the odds of receiving a positive return on investment.
We all know that investing in cryptocurrencies are so risky so i reffer to read a lot of informations before i invest with something. Many of us experience that their where scam. So i am careful in terms of money cause i dont want to be a broke someday. I want become rich. Good luck for all of us
well in my opinion it is good to hear that you wanted something in life for the future, but in reality, you cannot deny or avoid failure, and honestly no matter how much you have prepared for your victory there are times that you are back against the wall, but that's reality. failure is a part of success, that is why in investing no matter how knowledgeable you are you cannot still know what's right ahead of you, that is also why we carefully examine what we are going to invest and then study, in short we also rely on information we gather as knowledge.
i agree, although some good businessmen will tell us to not keep our eggs in one basket. its a good plan to diversify your folio not only for higher return but also for less risk if possible.