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.
It's either of the two. Whether you diversify or focus on one cryptocurrency as long as you understand what the progress of the coins you invested upon. It's better to do some research on the coins you want to invest even you fucos on one or many coins it's all up to you.