Diversification is one of the best strategies to build your wealth and to reduce your risk and also enhance your profits

As I have around 7 years of experience in the cryptocurrency market and in this time period I realized that what I missed was that strategy of diversification

I always try to invest in one coin and keep on investing until now. But I never thought about diversification which was the real weakness of me.

If I had Diversified my portfolio, I had surely make a huge amount of money till right now.

Because diversification is something that if one of your coin is down the other will be up similarly. If the other is up then one will be down. This is how diversification works and how it makes your money step by step.

Diversification strategy is more working at the time when Market is at it's extreme bearish.

When the market is down, you simply have to divide your money into 10 parts and by each coin with equal proportion.

After doing that you must not sit cross fingers instead you start using rebalancing bot which will help you to earn passive income on the daily basis as well.

What rebalancing bot will do is that it will trade in the coins internally and will keep on adding the quantity of the coins, which you have invested already.

So it's a win-win situation one that you are holding for the long-term investment other that you have diversify your portfolio and the third that you will keep on earning passive income.

I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.

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REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.

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