How should i diversify my crypto portfolio?
I feel like im gambling by going all in one crypto like ETH and the drops are hitting me very hard with its high volatility compared to BTC
I think that Bitcoin and Ethereum are the worthiest cryptos to hold. If you are going to diversify your assets, Bitcoin should have the biggest portion. Then followed by Ethereum itself. As long as you are not putting other shit articles, I think that these two cryptos are very worthy. But if you want more altcoins, just analyze first from the top altcoins. It is not guaranteed of course because a big or top coin like LUNA could also crash and have value. So, this needs high carefulness when going to invest and keeping altcoins for long-term holding.
The remaining money should be diversified to 10 trusted altcoin.Or else, you split the second 50 percentage into two half. First half tends to the most traded altcoin and second half will invested in good tokens.
Seriously?
What altcoins are they? It is too much in my opinion and spreading money to too many altcoins will bring higher risks. Moreover, if he chooses hype coins or tokens, very high risk. For, not all people are aware and qualified enough to pick the right token, buy and sell in the right time. This is higher risk