I don't think diversifying is absolutely necessary but that depends on your own strategy! I started like that and made small profits but the more confident I got in particular products I got in more heavily and they paid off but of course that's me and everyone has their own strategy
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Yes, we do what we feel is best for us. I feel the best thing is to have a little money in each coin.
Yeah that's ok I hope it pays off for you
Hope.