#DiversifyYourAssets
Diversification is one of the most vital strategies in investment.
What does this mean:
1) Do not put all the capital into a single cryptocurrency.
2) Have at least 40% in the most solid cryptocurrencies in terms of project and market capitalization.
3) Have another 40% in medium-risk projects, such as emerging projects but with a solid long-term plan.
4) Keep the remaining 20% in high-volatility projects; these can be meme projects with strong communities that can provide high returns. However, these projects tend to rise quickly and fall just as fast.
It is advisable not to invest more than necessary and to avoid being guided by FOMO; all investments carry risks, especially when the market is very volatile.