Crypto Investments - Too Much Everything might Lead to Too much Nothing
Some might not understand what i mean by saying "Too much everything might lead to too much nothing" but i am sure by the end of of this article you will understand what i mean and why i said so. Being a Crypto investor, injecting a lot of hard earned money into Crypto Currencies does not guarantee you good yields in return, its the hard and naked truth.
Imagine you go on the Crypto Market and check the list of all crypto assets you can invest on and you select the ones you want to invest in. After investing you then realize that you left out some other promising Crypto that you could have benefited from but due to lack of funds you missed the opportunity. When you see those Crypto assets you did not invest on sky rocketing to maybe 300x and the ones you invested on ranging. The pain of seeing that will haunt you forever and the only thing you can think of is getting some money even borrowing so that you have enough to use on your investments.
Crypto Gambling Investment
After you suffer the pain of missing out good investment opportunities, you then get some money and this time you do not want to miss the opportunity of making some money. Now you will get caught up in the web of Crypto Gambling and this is a deadliest investment move ever. In the Cryptoverse you can not tell which Crypto is going to explode or which Crypto is a scam, so because of that you try to spread you risk to other projects so that when the markets are moving you are guaranteed that some of you assets will move and even when some are rug pulled you will be left with something in your portfolio.
Risk spreading is the best thing to do when investing, provided that you do enough research and scrap off all unnecessary assets from your portfolio. You will see someone investing in maybe 50 newly listed crypto currencies with Low market cap and that person in his mind he will be thinking that i am going to be rich because i invested in low market cap assets. Crypto with low market cap has an advantage when they sky rocket you will be rich but there are also higher chances of crush because if 5 whales decide to dump the prices will fall hard and result in heavy losses, that's the disadvantage. I remember watching The Man Who Built America, JP Morgan Jr wanted to start his company from scratch because he had seen a lot of businessman like Rockefeller, Vanderbilt starting their companies from scratch and being successful and he did want something similar, but his father told him that "you should invest in something that has proven to work because you might lose it". So the same applies in Crypto, if you are lucky and invest in a newly listed Crypto asset there are chances of being rich or being broke so the chances are 50/50 and i would call that Crypto Gambling Investment.
Do not gamble all your money on all newly different crypto assets because some of them fail to kick start. I would suggest to mix your portfolio with some other successfully launched and running assets so that you minimize the risk of losing all. Lets say out of 10 maybe you include 4 crypto assets that are already performing well so that you are guaranteed to some extent.
On my case i invested in 14 different Crypto assets and the majority were newly listed, so i invested heavily on 1 that was already performing and had been on the markets for years and then heavily invested 1 low market cap and the rest i invested a few dollars. I gambled a few dollars on 12 different newly listed and 2 of them rug pulled already and now um left with 12. Luckily the one which had some years on the market is holding strong and its the 1 that is only in profit the rest its red sea. So imagine if i had all my money on newly listed low market cap assets, i would have been in deep loss now.
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