I read books about the importance of specialization, growth and how it promotes everything. But when it comes to crypto, the situation is different. I like to look at the different passwords that exist as initiatives.
What does most VCs do when it comes to investment? They try to invest in as much promising initiatives as possible. Are cryptos different?
The decision to diversify or complete by a coin is a really difficult decision. I made some decisions about crypto investment, then I learned that there were mistakes in decisions. I think that diversification is a better option to feel that there are some reasons. I'm going to talk about them now.
Earlier, I talked about VCs - the forms of investment. They do so to spread risk to more than one company that they invest. One reason for this is that they try to minimize fluctuation in the market and want to reduce failures. The same applies to crypto, you need to spread the risk against multiple currencies that you believe.
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