Quote from: Outhue on February 09, 2023, 05:21:07 PM

A minute of silence for all Alliance Block investors...i have a brother who invested in this altcoin, hoping to hold till the next bull market, unfortunately the unexpected happened, now all the money is gone before he realized what's going on.
What lesson could be learned from this?

I think that it is very important to diversify your portfolio, even if you have a specific project that you are convinced, that this is the best project of them all and that it will give you the best profit. Especially in the crypto world there is always the possibility that you lose your complete funds in one way or the other. The platform that you are using can get hacked, if you have your tokens or coins staked on a platform. The project itself can be hacked or can be a scam or a rugpull so even if you still have the coins, then they are simply worthless.
It is always good to have a good mix in your portfolio. Some big and established projects and maybe also some small caps which obviously are high risk.