It's important to be prepared for the worst and to not invest more than you can afford to lose. Diversification can also help to minimize the impact of any one particular loss.
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It's important to be prepared for the worst and to not invest more than you can afford to lose. Diversification can also help to minimize the impact of any one particular loss.
I think this is one of the best ways to go about this because it's not easy to cover all grounds
It's true that diversification can help minimize the loses, but it still depends on our willingness to do a good personal research to know the asset we should invest in.
Diversification is only one piece of the puzzle. Without the proper research and due diligence, even a diversified portfolio can still be at risk. I think it's important to look at things like the team behind a project.