Diversification

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Diversification

Hey guys, I’ve currently got around 97% of my portfolio in XRP. Do you think I should diversify it a bit more? Been thinking about going for Algo, Kaspa, HBAR. So around Christmas when I get paid, I’d have around 2500€ in XRP, then 250€ each in the others. Thoughts, opinions?

Reshantha De silva Answered question December 2, 2024
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Long term is an hard choice. I’d go with one of the big boys like BTC or ETH. Alt coin markets just trend on what they do. If you notice, like right now, they are all down, and they were all just up yesterday. They are tied together. If you buy one, you really are buying them all. Personally, I’d buy the leader of the pack, no?

Reshantha De silva Answered question December 2, 2024
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