For the last 30 days, I embarked on a daring experiment—buying $1 worth of cryptocurrency every single night. It sounded like a small step, but the wild ride my portfolio took me on was nothing short of mind-blowing! 🌪️ Here’s what I discovered, one night at a time.
⚠️ The Dangers of Over-Diversification ⚠️
At first, I thought I was being a savvy investor by spreading my $1 across 30 different cryptocurrencies. After all, diversification is supposed to reduce risk, right? But, as I added more coins, the reality quickly hit me. 😱
Why?
Because not all coins are created equal. Some were fairly stable, while others swung dramatically—up or down. Every time I added a new coin, my portfolio seemed to lurch, rather than grow steadily. 🤯
💥 Volatility Was Off the Charts 💥
The real shocker? Volatility. Even though I was only investing $1 each night, the swings in value were insane! Some coins hardly budged, while others took me on a crazy ride—rocketing up one night, crashing down the next.
Extreme fluctuations meant my tiny investment felt like a massive rollercoaster at times. 🎢
🌊 The Crypto Rollercoaster 🎢
What stood out most was just how wild and unpredictable the crypto market can be. I had coins that surged, making me feel on top of the world, only to see them drop like a rock the very next day. 😤
Key Takeaways:
Diversification isn’t always the safety net it’s cracked up to be.
Volatility can turn a small investment into a crazy ride.
Sometimes, it’s more about quality over quantity—not every coin will perform the same.
🚨 Final Thought:
This experiment made me realize that crypto investing is not for the faint-hearted. If you’re jumping in, prepare for the wildest ride of your life. The lesson here: Choose your coins wisely and always be prepared for the extreme ups and downs.
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