Post
Topic
Board Trading Discussion
Re: How diverse is your crypto portfolio?
by
Hamphser
on 27/12/2023, 21:32:36 UTC
Hi guys!
Just wanted to know how many cryptocurrencies you're invested in? And with what percentage of your portfolio (No need to mention the amounts involved, if you don't want to). Just want to get a general sense of how everyone's diversifying their crypto assets.
It's a good idea to diversify your portfolio, especially in light of the impending bull market. I hope the advice given on this thread doesn't influence your decision in diversifying your portfolio or make you feel bad about not having enough; after all, the cryptocurrency market is not a place for competition, so don't be intimidated if you haven't made enough investment yet compared to others—after all, even Rome wasn't built in a day.

Additionally, avoid diving into other coins just because someone told you they were invested in them. Instead, do your own research before making any kind of investment, and if you feel more comfortable holding Bitcoin than diversifying your portfolio, then that's what you should do. Never in this cryptocurrency space let people’s decisions influence you.

I understand the benefits of diversifying during this time and the potential profits from investing in various altcoins, but personally, I can't seem to hold any other coin because i don’t feel comfortable doing so. As a result, I've put all of my money into bitcoin because my heart is with Bitcoin and am patiently waiting for the bull run  Grin
Diversification would be always best on which you would really be able to find yourself to have that kind of assurance at least that recovery is really that high comparing into that someone who do make out some all in
investment on a single coin.Whereas, if you do have tons then you could be having that still chance on recovery but there are ones who do much prefer on sticking into a single point but into the current coins or projects which are really that mainly trusted by the community which is Bitcoin. They never tend to look back into other coins or assets on which it would really be just that a personal choice though because we know that there are people who are willing to take up some risks and there are ones who do really love on sticking on which one is safer.

Diversification would really be that recommended since we know that there are really that chances or odds about recovery. If ever you would really be having that negative
and other coins have increased out their value then it would really be just that equal or having that recovery which it is really that mostly preferred.