Why is it so important to diversify? - Because not all cryptos go up at the same time. - Because not all cryptos fall by the same magnitude. - Because every so often, Binance delists cryptos and they drop very sharply. - Because if you only have one crypto and it happens to be one you bought when it just entered the market, you could see a drop of 90% or more in its value. - Because you want to protect your capital. - Because you understand that cryptos move by "trends." Sometimes memecoins go up, other times those related to artificial intelligence go up. Other times, only those with a large market cap go up, and so on... - Because sometimes only those with a large market cap go up, and other times only those with a very low market cap are the ones that rise.
Check my portfolio with 10 Altcoins, such as $ARB , $ZK , $ONDO , #op , #giggle , #inj , #fet , and #op 👇
$BTCDOM : And this is the reason why, the #altcoins today are not falling as hard as they could be. The dominance of $BTC is falling today. Something good within all the bad. $ETH #op #inj #ondo #sui
$FET : The scenario looks complicated for now here in #fet . Even though it has fallen a lot, the truth is that it could continue to fall. #ia #Aİ #BuyTheDip
$BTC : Another day in red #bitcoin . If the white curve breaks down, it could go back to 60,000 and 58,000 😢 . $ETH does not show strength, to go against BTC and that the #altcoins suffer and suffer. $BNB #sol #ada #sui . Being diversified makes the drop smaller for now. 👇
Everything is stable today in the portfolio, but everything is still unstable in the crypto market, where there is still extreme fear. $ARB , $ZK , $INJ , #sui , #op , #giggle , #fet , #ondo