In crypto investing, many of us have been taught to diversify our crypto portfolio to reduce risks. The idea sounds nice and noble, but if you dont do it correctly, its practically bad. Basically, you will just be giving away free money on a cryptocurrency that might not even take off after its ICO. Worse, if the market goes to the bear territory, many (if not all) of your altcoins will take a free fall. That is not what you really have in mind, do you?
Diversifying your portfolio is only one step in the right direction. To take the second and third steps, you need to become diligent and to have foresight. In this blog, we provide the most insightful information we have gathered to help you succeed at diversifying your portfolio and earn profits out of cryptocurrency investments.
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Diversifying Crypto portfolioADN CoinI have sold almost all my coins and tokens in my portfolio because i later realized that they aren't good enough, i dump few for bitcoin and others for very good altcoins that have better products and companies supporting them, clear foundation is among,i like projects that have a company based products that have been in existence even before they decide to release their coin or token