Hello friend greetings to you, hope you are doing well and good there.

You say diversification is important, because it protect investors' portfolios and helps reduce risk. This is true and I completely agree to you here. If you go for diversification option no matter how volatilite or dump the market is, you will be safe. Even you can get profit. Your screenshot from binance portfolio show us you are practically applying diversification mechanism to your portfolio.

You have mentioned some beautiful points how diversification can help us or facilitate us. It includes Risk Mitigation, Lowering Volatility and New Opportunities for Capitalizing. Yes these all are true, diversification facilities us in such ways. All the expert traders use this option to cope up with volatile market.

I wish you best of luck in the contest dear friend. Keep blessing.