Quote from: sulendra12 on Today at 08:48:16 PM

Quote from: Altcoiner007 on August 13, 2023, 03:24:52 PM

6. Diversify your portfolio: Diversify your investments to spread out the risks. Spread your money across multiple cryptocurrencies, rather than investing in just one.

If you are a beginner then I would not recommend to diversify your portfolio until you have a good grasp about fundamental trading and how to manage the situation really well. For beginners picking so many altcoins mean a mess for them because they need to keep track all of their picks especially with how much altcoins they have. I would not suggest that until they learn more from their experiences.

^That is definitely right and it should be avoided.
If you are just starting out, I advise against diversifying your portfolio right away. It is important to first develop a solid understanding of fundamental trading principles and effective risk management strategies. Jumping into numerous altcoins can be overwhelming for beginners, as it requires keeping a close eye on each pick and managing multiple assets. It is better to hold off on this approach until you have gained more experience and insights from your trading journey.