Part 8: All Your Eggs In One Basket
Even the most hyped up coins can see some major dips when the market stays green. This market is extremely unpredictable and no one single coin is guaranteed to survive forever. There are a lot of shit coins out there. This is why we look and research the coins we choose to invest in and make sure they backed by sound technology.
Whether you are holding, or trading, it is a very bad idea to put all your money into one coin. Diversification and risk management is key to success. A diverse portfolio with multiple entry points will help keep you safe.