All you hear about these Trading and Investing rules that " Dont put all your eggs in one basket " or " Diversify your portfolio "
But how we Apply these rules in Crypto Market.
When Bitcoin moves 95% alts dumped. BTC moves up or down, Alts goes down. where we invest and no one can predict the market movement.
So what would be the right strategy of Diversifying Crypto Portfolio...
Put majority of your funds inside Bitcoin , at least 50-70% .
then diversify your remaining funds in 4 equal parts (in coins that you deeply researched and not just those shitcoin advised here .)
if Bitcoin increases then sell all of the funds, then wait for the altcoins to pump.