Why you should diversify your crypto portfolio
MONEYWEB Investing in bitcoin alone is a sub-optimal strategy. 00:03 Investing in a single asset gives you considerably less exposure to the sometimes unpredictably good performance of another asset. Image: Supplied Diversification is a bedrock principle of sound investing, and things are no different when it comes to cryptos. Many crypto investors only hold a single crypto asset, like bitcoin, but this approach is somewhat flawed if your goal is to generate a return. An investment into a single asset provides you with 100% of the gains or losses associated with that asset, but not all...
Source: moneyweb.co.za