Quote from: Reatim on June 17, 2025, 09:16:33 PM

Quote from: Youngrebel on June 17, 2025, 08:54:51 PM

Diversifying your assets is very important for some reasons such as;
To make investors invest in other crypto currencies and to have other streams of income other than your Main source as a way of having other funds as side hustle and back up plans.
But in a situation where you don't have enough funds then there's no point struggling to have other assets and at the end split the availability fund and end up not achieving something tangible.

if you do not have an abundance of funds to invest to different kinds of assets then just pick one that is solid and can offer you good profit and at the same time not too risky since this is your only investment

and when we say diversifying assets we just don’t mean among cryptocurrencies but you can also go for assets like real estate or gold

Diversification will only be applied if you have already invested in multiple investments, thus you need to diversify them as much as possible. But if you are still starting in your investment, don’t aim for diversification quickly, that will only lose your interest and focus to your present investment.

Invest one step at a time. It’s better to just stick on how to make your investment works, rather than thinking on spreading out your investment when you aren’t even sure if the kind of investment will succeed and be in profits.