Diversification Of Investment

It is always good not to put our eggs into only one basket so that we can still gain profit when a few of our investments are down.

The performance of many cryptocurrencies can be like a see-saw that goes up and down in an unpredictable manner.

We had heard of experts that predicted Bitcoin going to US$20000 based on the graph analysis couple of months ago but we are still half-way there.

Bitcoin had reached a nice peak after few years but it did go down and it was not even close to the peak in 2017.

There are so many ways to earn these days like posting on Hive.

We can also stake our cryptocurrencies to earn staking reward and we can even lend out our cryptocurrencies to earn interest through Defi.

In an unpredictable world of cryptocurrency, we should invest in more than one place to stay in profit even when some of our investments are down as it really takes patience that may take days, months or even years to see the profit for some of our investments.

We must fight against our own panic selling when the market is down as we can see that the hodlers had never lost in most of their investments.