I'm sure in your investing journey, you would have heard this phrase once.

"Don't put all your eggs into one basket"

If not I would like to tell you the importance of ….

Diversification.

While the digital assets market is volatile.

It can cause volatile price shift several times a day

Which is a common thing.

As volatility increases, it also multiplies the possibility of losses.

The reason to diversify is not to earn more,

But to reduce overall risks that may arise by holding one single coin.

Should you want to diversify a wide range of assets I would recommend you to watch this video on Portfolio Management

So depending on your investing appetite,

Having a diversified portfolio could consist of a percentage of long-term and short term assets.

Should you take in account other factors such as….

The asset’s type, market cap, and time strategies to create your ideal portfolio.

The phrase "don't put all your eggs in one basket," represents very well the logic of diversification.

To your successes,