Is it the right time to diversify?
We all have seen it.
The prices of bitcoin have been on the rising again for a month and so.
With the recent fluctuation of prices in bitcoin, it has also paved a way for a rapid change of price of different currencies too.
The prices of Ethereum has increased.
Litecoin has experienced a rise in price too.
Doesn’t it show you how we can take advantage of the situation and diversify?
Diversification of your portfolio is a really good method to invest in crypto but without the risk of relying on a single asset. With almost most of the coins having a positive parabolic graph like Ethereum or Litecoin, we can get the maximum benefit out of the crypto assets. Diversification is done to minimize the risk if prices fall. This way you can get a stable profit out of the unstable market.
We never know which coin has a positive graph coming along!
How many types of coins have you added to your portfolio?
Congratulations @yurelx! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPVote for @Steemitboard as a witness to get one more award and increased upvotes!