Talking about cryptocurrencies, of course, it doesn't rule out investing or stocks, in this case, of course we have to be careful in investing because investing also contains risks. The risk here is to lose funds or other assets when the investment does not live up to expectations or even fails. Yes, it is true that we cannot invest and then only expect profits without understanding the risk of loss, but to warn of all possible losses, what steps should we take?
So, if you are thinking of investing, try to diversify. Portfolio diversification is done to reduce the level of risk of investment instruments. Ideally, we can use a simple formula, namely one third can be placed in the money market such as deposits, another third is placed into fixed income or bonds and another third is placed in the stock market. By diversifying your portfolio, you can reduce potential losses due to investments made in only one instrument.