Bitcoin or any other cryptocurrency, it's a rollercoaster, I've seen economists talk over and over again about the same thing, its volatility and way of protecting it, but when you've seen these since the bitcoin was $ 1ky, it's now in $ 16k, it seems like something as simple as keep calm and wait for it to go up.
But if you want an opinion, I've read a lot that the best way to protect your investment is to leave it to a bot trader, and if you think about it, many small investors lose their money out of fear or the pressure of not losing money (which is ironic ).
And it seems logical to me, a bot is cold and has no fear, it does not use its emotions to make a decision, it uses real data and economic strategies. to increase profits.
Lending out bitcoin and collecting daily interest is another diversification strategy.
Yes it is correct, bitconnect is a good example of that
update: Diversifying the portfolio is a good strategy, either in lending platforms or new icos, even in other consolidated cryptocurrencies, such as eth, litecoin, SBD, IOTA (I like this a lot and I see the future) by mentioning some
Diversification is crucial in all investments, particularly spectulative ones. The block chain technology is undeniably a huge technological advancement that can benefit all areas of life including finance, healthcare, and education.
It is true the blockchain technology has great potential for many areas, I mentioned the bots trader, from i what see, seem to be a natural evolution, when the portfolio is very large :)
What’s a good bot trader to get hooked up with?
Sometimes losing is the best teacher of life. Blindly trusting outsiders with your money is a 50/50 as well, whether people want to accept this fact or not.
The richest people know money, and can read the spreadsheet well enough to know every penny earned and how it's spent.
Peace.