Post
Topic
Board Speculation
Re: Reason why I put all my money in Bitcoin as a newbie
by
posi
on 11/07/2022, 15:46:16 UTC
Diversifying a portfolio from multiple sources is essential, cryptocurrencies are not a 100% safe environment and will always generate profits. So we will also have to invest in other areas besides cryptocurrencies.
That is indeed very important Diversification as another source, if people don't do this then I think it's a wrong step, of course we should be able to find opportunities from other sources so that they don't fall at the same time, when bitcoin drops then we can see from the diversification that we use while in On the other hand, fluctuations in cryptocurrencies are unpredictable and very vulnerable to fluctuations.
Investment in various other sources must be done so that we can do good management.
During times like these, we are forced to recognize the importance of diversifying our portfolio as part of our financial strategy.
At the moment, cryptocurrencies cannot provide us with the desired income, some are even stuck in the market due to their previous buy being made at too high prices that they were not able to recover from. Therefore, it is essential that we have an outside investment to support us during the difficult days that the market brings.