DIVERSIFY crypto portfolio vs. ALL-IN on one coin [What’s better??]


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In today’s video, I talk about why diversification is important for a crypto portfolio and I discuss how and why I’ve introduced some diversification into my own portfolio.

Bottom line up front: while going all in on the right crypto could potentially lead to the biggest gains, it could also lead to the biggest losses. Diversifying a crypto portfolio is the best way to hedge against those risks.

Time stamps:
0:00 Intro
0:35 Diversification as a hedge against risk
1:02 It’s hard to pick the winners of revolutionary industries
2:53 My crypto strategy
3:47 No meme coins allowed
4:39 Example: Cardano’s use case
5:11 Scam coins & the greater fool theory
5:36 Key takeaways

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Secure your crypto with the Ledger Nano S offline wallet: https://shop.ledger.com/products/ledger-nano-s?r=f00be3f9f970

Newton referral (if you sign up with this link we’ll both get $25 dollars when you deposit $100 or more on the platform): https://web.newton.co/r/TVA2NU

Gemini referral link (if you sign up with this link, we’ll each get $10 in BTC when you trade $100 or more): https://gemini.com/share/56x4q5l3g

Binance referral (if you sign up with this link, we’ll both get 10% cash back on trading fees): https://www.binance.com/en/register?ref=X525JZSX

Wealthsimple referral: (if you sign up with this link, you’ll get 2 free stocks worth between $5 and $4500 when you deposit $100 or more): https://my.wealthsimple.com/app/public/trade-referral-signup?code=7ZXHGQ
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– Investing
– Personal finance

Music creds:

Music from Uppbeat (free for Creators!):
https://uppbeat.io/t/fugu-vibes/spatial
License code: N6NYSQIWXR3EPOOV

Music from Uppbeat (free for Creators!):
https://uppbeat.io/t/zayner/babel
License code: 6BFEZSJEH9TOQMRL

Music from Uppbeat (free for Creators!):
https://uppbeat.io/t/walz/press-pause
License code: USPZNQP669PTYYWC

#crypto #portfolio #diversification
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DISCLAIMER & NOTICE: This video, and all other videos on the channel, are for entertainment purposes only. I am not a certified financial advisor. Always conduct your own research before making investment decisions. Occasionally, affiliate links will be left in the description box and/or comment section of Project E videos. I may derive monetary benefits as a result of viewers’ engagement with these affiliate links.

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