Why you need to diversify your Bitcoin portfolio

Diversification is the ultimate caution that must be implemented in the cryptocurrency world. It is better you diversify your risk, so that all your investment are not lost in one single swoop. Trying to keep your funds in several wallets is one surest way to diversify your cryptocurrency investment.  Some recommended exchanges where you can keep your coins or token include: Ledger Nano S, Ledger Blue, Coinpayments, Exodus and Jaxx. Also remember to create a…

"Why you need to diversify your Bitcoin portfolio"

Don’t put all your eggs in one basket

It is important that any intending investor should diversify his/her investment portfolio to avoid losing all. Experienced investors usually spread their cryptocurrency investment over few coins or tokens that have the possibility of a good ROI. There are smart investors who purchase up to ten different coins or tokens and monitor them as long term investment. Truth is that, not all of them may fulfill their potential, but on the average more than 60% of…

"Don’t put all your eggs in one basket"