Diversify your crypto portfolio
70% in Bitcoin (BTC):
Bitcoin remains the most stable and reliable cryptocurrency, offering both long-term security and growth potential. By dedicating the majority of your crypto investment to Bitcoin, you reduce exposure to highly volatile assets.
20% in Solana (SOL) or Ethereum (ETH):
Solana and Ethereum are major players in the cryptocurrency market, known for their strong ecosystems and growth potential. Investing in these well-established cryptocurrencies can offer a good balance between security and growth.
10% in Low-Cost Tokens (LTP):
The remainder of your investment can be allocated to SHIB and other low-cost tokens. While these investments can be profitable, they require a cautious approach and should only represent a small portion of your portfolio.
Invest wisely and save for the future
If you have $200,$ to invest, it makes sense to allocate $100,$ to cryptocurrencies, while keeping the remaining $100,$ in reserve for future opportunities. By keeping a portion of your funds, you can avoid losing your entire portfolio in the event of a market crash, while remaining ready to seize new opportunities without compromising your financial security.
Summary
In conclusion, while SHIB and other low-cost tokens can offer attractive returns, they should not make up the majority of your investment portfolio. A diversified strategy focused on Bitcoin and other stablecoins will provide you with a balance of safety and growth. Always invest cautiously, keep some savings aside, and avoid selling your SHIB below $1, as holding on to these investments could be more profitable in the long run.