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...
actually diversifying aims to control the risk of loss. but there is nothing wrong if you want to put in one basket of eggs. but the most important thing is the selection of coins that are in one egg really must be a strong coin to face the market situation.
i see if there are thousands of coins in crypto market not 100% affected on btc drop activity completely.