đWhat is Diversification?: Diversifying assets means spreading your money across different cryptocurrencies or investments instead of putting it all in one.
đReduces Risk: If one crypto crashes, others may perform well, protecting your overall portfolio from big losses.
đBalances Volatility: Crypto prices can swing wildly, but diversification helps smooth out the impact of sudden drops.
đIncreases Opportunities: By investing in various assets, you can benefit from growth in different projects or sectors, like DeFi or NFTs.
đImproves Stability: A mix of stablecoins, established coins like Bitcoin, and smaller altcoins creates a more balanced portfolio.
đAdapts to Market Changes: Different assets react differently to market trends, so diversification keeps you flexible.
đBuilds Long-Term Growth: Spreading investments helps you stay invested safely, increasing chances for steady gains over time.
A friendly reminder that the Pi Cycle Top is nowhere near a cross! The moving averages are still 56% apart which is further than any other time right after new ATHs.
What does this mean for you?
It will take a huge move to the upside to produce the cross here, this metric still acts as though we have barely passed ATHs!
Some people are doubtful it can be successful again this cycle, but a complete miss from one of the only hyper-accurate 2021 top indicators this cycle seems very unlikely.