Don’t Put all your Eggs in one basket

in crypto •  4 years ago 

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Do you believe this idiom?
If you think so do you know the depth of inside meaning?
Where we children were hearing that and many of us knew about it & what it referred for.
Let me complete the other hidden side of this idiom which many of us haven’t got before, hopefully, understand my meaning.
One of the strategies, there are usually two main ways “call it as you like” left / right, up / down, risky / safety,....etc.
What if we put besides (+/-)(= or 0) to be a useful part in critical situations.

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Let’s get an example of cryptocurrency
Someone will tell me that means, It’s wise to diversify your investments across different cryptocurrencies >> (great)
But just think a while bit (positive, negative & even)
Our digital currency has always been Positive or negative (profit or loss) don’t you think about EVEN (no loss no profit)
It’s very important & you will realize that when the crisis booms, no one knows what will happen tomorrow.
So (even) means that there are stable coins that are not affected by the market movement, your coins go up or down- doesn't matter with stable coins.
But it will be your shining light that enables you to come back again and recover your losses very fast by adjusting your situation which was caused by the crisis.

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So, please divide your investment into 3 part, ⅓ for the stable coins (never touch it until the crisis came deeply), the ⅔
Parts, do the right diversification of more varied coins as you wish, and don't forget to get the valuable negative one.
Leash yourself with stop loss areas & targeted profit areas (make your calculation well, listen to the experienced traders)
Finally, be patient & don’t blame the losing opportunities.
And always remember down followed by up & vise versa, whilst between both of them there is a time could be short or long (be patient & hunter).

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