Quote from: rachael9385 on April 13, 2024, 07:24:30 AM

Quote from: Inior on April 11, 2024, 12:20:23 PM

•un-diversified portfolio: this one just dey like putting all your eggs in 😂 one basket. Which means say anything way sup for that basket go affect all your eggs. So make we try to spread our investment across other reasonable assets. then another major investment mistake na

Op, wisdom also tell us say diversifying your funds na one of the way to get yourself distracted with too many coins wey go fit still bring loss no matter the research wey you do. I know of many people wey just focus on only one coin after them don find out say that coin get better potential for life, them go just use all their funds for investment take shook body inside the coin, and then dey cash out real time. Since I start my Bitcoin holding untill now, I know how much profit wey I don get, if to say I diversify e get as e for be, because no coin don make that same bull wey Bitcoin give.

Diversification I no condemn but I will just point out one thing out when you invest a capital in full and when you divide it if you use simple interest in maths you will find out that the interest it generate with differs and you will loss more than when in bunk been invested. Diversification is only and basically for those who may show interest to such because for me I don't see it as good one it increase your think over various issue of losses and reduces your benefits why is invested in full. As long as shiltcoin and some altcoin is concerned one don't need to stressed itself because it's has been tested and seeing the capacity as many can't withstand the market forces.