The world teaches us that it is wisest to not "put all your eggs in one basket," and instead to try to develop some kind of diversification.

This seems to be particularly important when it comes to any form of investing, including crypto, even though there are definitely are many people who are staking their entire lives on one single item experiencing a moon shot.

I'm a lot more conservative than that, so I end up trying to put my bits and pieces into many different projects. As often as not I'm just trying to support the project... at least if it has some promise... as I am hoping to outright make ~~a bunch of~~ a little money.

I think sometimes focusing too hard on "making a bunch of money" distracts us from being able to see whether or not what we are investing in is actually something that has any substantial viability beyond the near term.

I realize that doesn't necessarily matter to some people, but I personally find it important.

One of the things I increasingly find is that when you do diversify you also end up with an awful lot of data points to keep track of.

When I started in investing — which was many years ago — diversifying was also considered a good idea. However things moved a lot more slowly back then, so checking up on your portfolio was something you might do once every few days or once a week or so.

The cryptosphere moves at a tremendous pace and fortunes are made and lost in a matter of minutes. Not suggesting that such a thing can't happen in the conventional securities market, but it tends to be the exception rather than the rule... while in crypto it's almost a daily occurrence.

What I'm discovering (as part of being somewhat diversified in the cryptosphere) is that I spend an awful lot of time just checking up on what I'm doing to make sure that the bottom hasn't fallen out of something or is about to fall out of something. It's really very time consuming and the more I look at it the less it really fits my personality type which is one of just "sit back and let stuff drive itself."

But is this really just a reflection of the greater world we live in? Crypto — in particular — seems a lot more "fragile" than legacy investments, with many opportunities having the "opportunity" to drop to zero overnight, in ways we simply haven't had to deal with, before.

Meanwhile, everything around us seems to be getting faster and faster, and is presented in smaller and smaller bits that we constantly have to supervise lest we should fall behind because we were "snoozing on the job" for even 30 seconds.

As far as I'm concerned, it gives rise to a pervasive and uncomfortable level of anxiety that's challenging to just set aside.

Keeping in mind, of course, that I'm a very very tiny investor I still find myself monitoring my daily drips and drabs of payouts and dividends, and the moment some daily payout is suddenly is absent I immediately have to spend time researching why did this payout not happen for a couple of days. I suppose that might be a viable and worthy thing to do if you have millions invested, but when you're talking about a few cents at a time it seems like just an enormous time sink.

Sometimes I find myself thinking that maybe I'm just not cut out for this. At the very least, it provides a good rationale for why I like to just buy into things like our own HBD, or Inleo's SURGE token where fluctuations in the base asset are limited and the payouts are about as reliable as you can expect, when it comes to crypto.

Maybe I'm foregoing some of those potentially sky high returns, but at least I'll have a (smaller) steady stream that I can look at and count on being there.