A Crypto Investor who is planning to invest in Cryptocurrency has a lot many options when it comes to choosing the right Crypto which he would trust and buy for his portfolio.
But the important part is investing in a diversified portfolio and there are reasons for doing that, which includes keeping your investments safe.
KEEP INVESTMENTS SAFE - When you are investing in different Crypto of different categories you are eliminating a risk of investing in the wrong Crypto, if a category of the crypto does not boom in the next Bull Run, and you had invested in that particular Category of Crypto at least you will have other Crypto's of other Category which are rising. Also if something happens to one of the Crypto and it falls drastically, you will have others which will cover your losses in one of them.
MORE PROFITS - A diversified portfolio keeps you safe and also is important to make that extra profit from different categories of the Crypto which are there in the market.
LESS CONFUSION - When you invest in diversified portfolio it is makes a user to buy multiple Crypto where he wants to invest and not change his investments all the time and create confusion.
Eventually for a long term HODL and to be safe in the Crypto Market a diversified investment is much suitable than investing only in one Crypto or just one Category.
Happy Buying !!!
