@ChrissCrypto 10 May 2020 more from that month

Smart Ways to Diversify Your Crypto Portfolio

**Investing in cryptocurrencies industry is not an easy thing, for sure.** Since **cryptocurrencies are very volatile investment instruments for many traders**, you could lose all of your money in a very short time if you won't have a plan in mind. **One of the plans that the long term investors are following is a very old trick called diversifying**. Many people believe that **portfolio diversification is the thing you need before you start investing in cryptocurrencies**. By doing that, you can mitigate the risk, and you can have a chance to get good returns on your investments for the long term. **Putting all your eggs in one basket could be a very dangerous thing to do**. With doing that, you can expose yourself to a high level of risk. **It's obvious that diversification is a very important thing to consider**. We all know that putting all your eggs in one basket could be a very dangerous thing to do. With doing that, you can expose yourself to a high level of risk. But how will you do this is another question. Today, we are going to explain some smart ways to diversify your crypto portfolio.   **Include Bitcoin** **Bitcoin is the first cryptocurrency that we've ever seen in our lives**. The leading cryptocurrency is the reason why we are talking about this whole sector at the moment. **Bitcoin's leading status** in this industry will always stay there. And worth noting that that the **Bitcoin is by far the largest cryptocurrency based on the market cap** and traditional investors are always talking about Bitcoin first when they intend to invest in cryptocurrencies. **Bitcoin itself is a very volatile asset**, just like any other cryptocurrencies. But you can hedge the risks of investing in cryptocurrencies by giving space to BTC in your portfolio. Because **when the whole market crashes, the least crash is usually seen in Bitcoin**. So that will give you the hedge against the further drops.   **Passive Income and Staking Types of Coins** **In your crypto portfolio, it's always better to have some sort of passive income provider**. These are usually called **Proof of Stake (PoS) coins**. If you **diversify crypto portfolio** with **Proof of Stake coins**, the products you invest in will be valued more in the long term and in the meantime, **you will get an additional source of income via staking**. To find the best Pos coins to stake, you can take a look at **MyCointainer.** You can have **lots of different coins to stake on our platform**. But there's some issue associated with PoS coins and that is staking or reward fees. So if you choose to stake your coins on MyCointainer and subscribe one of our **Power plans**, you don't need to pay any staking fee which makes PoS coins are even better investments. https://www.mycointainer.com/?partner=x8nxdVXGRPurgr3G13qK https://www.mycointainer.com/power/x8nxdVXGRPurgr3G13qK If you subscribe to one of our **Power plans**, you can keep the additional %7 of staking fees to yourself. **That would give you a better room for manoeuvre in your future trades or investments**. To take a detailed look at our **Power plans**, you can visit **this page**. https://www.mycointainer.com/power/x8nxdVXGRPurgr3G13qK https://www.publish0x.com/crypto-addict/which-fits-you-the-best-mycointainer-subscription-plans-revi-xpwzex **The other thing about PoS coins would be that they are seeing as t*****he next generation of cryptocurrencies***. Since the usual cryptocurrency industry relies heavily on mining operations, many critics suggest that this is bad for nature in the long term. **By including PoS coins on your portfolio, you can also have a chance to make an investment of the next generation of cryptocurrencies and earn an additional income**.   **Airdrops** **Airdrops are generally seen as a free money opportunity for many traders**. These are very important because i**f you participate in airdrops, you can have a chance to earn free and diversified coins**. But how to choose the best airdrop is a different thing. It could be challenging, especially if you are new to this sector. However, as **MyCointainer team**, **we are presenting you the best airdrops to participate each week**. Therefore, you don't need to spend time on research. **To learn more about the airdrops**, please take a look at **this article**. https://www.mycointainer.com/?partner=x8nxdVXGRPurgr3G13qK https://www.publish0x.com/crypto-addict/what-are-airdrops-xjznvj   **Stablecoins** **Stablecoins are the ultimate market hedgers**. If you want to mitigate your risks in the cryptocurrency industry, **you should choose include stablecoins to** ***diversify crypto portfolio*****.** There are many stablecoins out there such as **Tether (USDT)**, **True USD (TUSD)**, **Binance USD (BUSD)** and **Gemini Dollar (GUSD)**. And also, ***there are many more stablecoins who are tied to a different type of fiats such as Euro and Pound***. **Many people see stablecoins as a great way to protect your investment from volatility**. The other important matter for stablecoins are that they are giving you a chance of liquidity when you need it. Because if you experience a hard crash in this sector, you can lose all of your money very quickly. **But if you include stablecoins on your portfolio, then the effect of the drop is felt less**. The stablecoins also allows you to buy cryptocurrencies at lower levels after the drop. So it's always good to have stablecoins in your crypto portfolio.   **Bonuses** **Getting extra money in your crypto portfolio is a good way for diversification**. And special offers and bonuses allow you to do that. On **MyCointainer** we have a **new bonus programme** which is designed just for you. If you exchange your coins on **MyCointainer**, you can get an additional bonus of your preference. That will give you another asset to **diversify crypto portfolio** and also an additional source of income. You can visit **this page** to see how you can earn a bonus by simply exchanging your coins on **MyCointainer**. https://www.mycointainer.com/?partner=x8nxdVXGRPurgr3G13qK https://www.publish0x.com/crypto-addict/why-free-bonus-visit-mycointainer-academy-to-learn-more-xpqkeo   **Other Popular Altcoins** **To diversify your crypto portfolio, you can decide to add some of the most popular altcoins** such as **Ripple (XRP)** and **Ethereum (ETH)**. In addition to that, you can take a look at other popular coins such as **Stellar Lumens (XLM)**, **Bitcoin Cash (BCH)** and **Cardano (ADA)**. **These are widely seen as a good choice of investments for the long term**. But keep in mind that they are extremely volatile assets too so you should do your own research before making a decision.   **Conclusion** **If you have a well-diversified portfolio in the long run, you have a great chance of making positive returns on your investments for cryptocurrencies**. There are an outstanding amount of alternatives that you can choose in this sector. **But keep in mind that you shouldn't invest any other crypto just the diversify your portfolio**. Your choices should be well-thought and based on facts rather than assumptions. We wish you all the luck in your future investments!     If you're looking for **general information about cryptocurrency, crypto news, tips, guides, strategies, fintech, new technologies, trading space, crypto investments** and many more? **MyCointainer Insight** is the place to go.  Visit **MyCointainer Platform** also feel free to sign up for our **Community** so we can make impact together. https://www.mycointainer.com/insight https://www.mycointainer.com/?partner=x8nxdVXGRPurgr3G13qK https://www.mycointainer.com/community/ **Take the control of your passive income now**, and opt for **MyCointainer's Power Plan**, to **earn 100% revenue on all your crypto staked**. https://www.mycointainer.com/power/x8nxdVXGRPurgr3G13qK   *Follow* ***MyCointainer*** *on* ***Twitter*** *or* ***Instagram*** *and check out our* ***Telegram*** *channel.* https://www.mycointainer.com/?partner=x8nxdVXGRPurgr3G13qK https://twitter.com/MyCointainerCom https://www.instagram.com/mycointainer_com/ https://t.me/mycointainer **MyCointainer community** **and I remain at your service if you have any questions** https://www.mycointainer.com/?partner=x8nxdVXGRPurgr3G13qK   See you soon Christophe WILHELM **https://www.mycointainer.com**   I am currently under contract with **MyCointainer**, which gives me the rights to publish, republish, on their behalf and add content to articles first posted to **MyCointainer Insight**. If you have any questions, or if you believe there is copyright infringement, please contact **MyCointainer** directly : **contact@mycointainer.com**. https://www.mycointainer.com/?partner=x8nxdVXGRPurgr3G13qK https://www.mycointainer.com/insight Source: **Diversify Crypto** https://www.mycointainer.com/insight/smart-ways-to-diversify-your-crypto-portfolio/ Credits photo : **https://www.mycointainer.com/** Resources https://www.mycointainer.com https://www.mycointainer.com/insight