5 Things to know when you invest ( #3)

The next strategy is to invest in more than one cryptocurrency. It is not wise to invest all of your money into a single digital currency. A well balanced portfolio minimizes your risk as when you possibly lose on a cryptocurrency you own, you can still gain with the other ones you have. If you decide to invest in only one currency for example Litecoin, what if the whole currency collapses? You’ll lose all of the money you have invested in a split second without any backups. Therefore, always invest in 2 or more currencies. Constantly spy on the market and choose the currency you prefer.