As the crypto market grow, these type of incidence really effect the market. I think strong project are on the stack now as trust on the ecosystem of strong projects like DOT, ETH and BNB are on the verge of crumbling. But it's a matter of life of death when it comes to all in your life savings. Share your thoughts how you would improvise your portfolio?
The key is clear: don't put all your eggs in one basket. Diversifying your portofolio is the main key to avoid similar crashes because at worst cases, your favorite cryptos won't crash simultaneously.
I don't see any mention to those 8 Suicides you said have been confirmed because of the Luna crash. From where you got this news?
Yeah like Warren Buffet explained, putting all eggs in single basket doesn't end good due to various reasons. The multiple altcoins have to be in portfolio to diversify risks and don't get REKT. The main issue is ongoing crashes on market, we can't control but there is a room to minimize possible risks.