Thank you very much. 😊 I do have some riskier coins in my portfolio too but not that much weight on them.
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Thank you very much. 😊 I do have some riskier coins in my portfolio too but not that much weight on them.
Yeah, crypto is all about risk and the important thing is how to mange those risks it comes with
The lesson here is some are more riskier than others but also come with a higher expected reward. I think it's good strategy to spread the portfolio a bit. For example, $5 investment into a memecoin could give 500x and if goes to zero, it was still just $5.
Investing in blue chips at the same time can easily get you that $5 back.
Yeah, diversification is a key factor in crypto investment which we need to focus more on it