#BTCOutlook different. Every night, I bought $1 worth of cryptocurrency. It wasn’t much, but it gave me a unique perspective on the world of crypto investing. I ended up purchasing 30 different cryptocurrencies, one each night. What I didn’t expect was how much my portfolio's value fluctuated, especially as I kept adding more coins. I thought that diversifying would protect me, but instead, I faced a lot of volatility. Here’s what I learned from this experience.

The Dangers of Over-Diversification

At first, the idea of spreading my investments across many different coins seemed like a smart move. After all, diversification is often touted as a key strategy in investing. But as I continued, it became clear that it wasn’t working as well as I’d hoped. Some of the coins I bought were relatively stable, while others swung wildly in value. The result? Every time I added a new coin, my portfolio’s overall value seemed to dip.