Quote from: kotajikikox on Today at 11:25:14 AM

What I think is that no matter what kind of investment you are going to dip your feet into, you should not always put all of your money into a single investment.

Diversification has been a concept well known among the community but people need to understand the actual importance of it. I always tend to cut my money into 50.50. 50% for investing 50% for saving.

From the 50% of the investment, I will then distribute it into different investments

In every form of investment, no matter how safe it appears, it's important to always play your own safety too, knowing fully well that nothing is entirely certain, so the 50% savings is not actually bad since we can run back to that whenever the person needs cash, but for me, I won't save up to 50% of my funds instead I will rather invest in something I can make a profit on a regular business while I diversify the rest of the funds to other things, not just digital.