Definitely. I am a big proponent of diversification. Holding several types of cryptos can help mitigate your risks and get the most out of trading or investing.Originally Posted by thomas18QZ
Definitely. I am a big proponent of diversification. Holding several types of cryptos can help mitigate your risks and get the most out of trading or investing.
By the way, I think it's understandable that traders who have been working with traditional assets are wary of cryptos sometimes (though more and more traditional investors are now big proponents of cryptos, too). The volatility is high and sometimes the true value behind some projects is questionable. However, if we take the precautions needed when dealing with a high-risk asset, cryptos are a great way of investing or trading.
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