People have been always saying that "don't put all your eggs in one basket", this might work in many places but actually not in the crypto world. At best I conside the so-called "diversification" in cryptos a kind of optimization.
Specifically, diversification is only for assets with a fundamental difference, crypto coins are fundamentally highly similar to each other. For example, ETH and BTC are not really apples to pears. Though, of course, price movements of coins are different but de factor only the sub-waves of the general trend of the whole crypto market. Surfing these sub-waves is only a kind of optimization but not diversification.
In the end, Funds are not safu once SHA-256 is like a quadratic function nowadays.
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