Common wisdom for new investors is always of the 'don't put all your eggs in one basket' type. Don't invest all your investment capital in one company. Diversify so that at least if one investment fails, the other will carry you through. Is there a similar type of advice for crypto currency investors? Is it better to concentrate on investment in just one crypto currency? Or should we diversify? I would love to know what others have to say about this.
In order to be a successful investors, it is not necessary to invest all your money in an investments. Thus, you should always have an amount that you are willing to risk in making a decision. There is no assurance that you can succeed in an investment, it is always advisable to spend just the right amount based on your money.