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

You have started your post with such a beautiful quote "Don't put all your eggs in one basket". This is actually what we mean when it comes to the real meaning of diversification. This example tells us about the importance of it.

You have mentioned LUNA's example here. I was also badly hit by that scam, but Alhamdulillah my portfolio was spread across different coins which made me safe. I think $200 was just $0.005 in one day haha. So here we know the importance of diversification when a situation like that comes to us.

You have shared such a beautiful strategy of how we should invest in different coins. I mostly target stable coins and memes coins. The best reward is in meme coins, but it needs a high luck. Recently pepe had given millions dollars profit to people.

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