💥✨️ Don't put all your eggs in one basket ✨️💥
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💥Diversification in investment assets is the essence of protecting your money from loss💥
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💠The main key to the success of any investment is diversification in the assets you want to invest in. It is stupid and even crazy to invest all of your capital in one asset or in one currency.
Let us take as an example one of the largest successful companies in the field of e-commerce, the Chinese company Alibaba, which is owned by the Chinese private sector and earns most of its revenues from its commercial activities via the Internet.
Alibaba spent $66.5 billion to acquire Ele.me
So I lost their money.
Alibaba invested $20 billion in Suning.com
And I lost money.
- Alibaba spent billions to buy Youku Video and lost
Money.
- Alibaba spent billions to buy Tudou Video and lost
Money.
Alibaba spent $4.3 billion to acquire...
UC Browser and lost money.
- Alibaba invested in Hema and lost tens of billions in a few years.
- Alibaba acquired RT-Mart and lost money.
👈The reason why Alibaba did not go bankrupt is because it made a lot of profits through Taobao and Tmall GMV for one year reaching 8 trillion with a net profit of $200 billion. In recent years, Taobao and Tmall have contributed more than $1 trillion in net profits to Alibaba.
