Diversifying helps an investor to avoid unnecessary losses which means if an investor diversify it help them to be on a safer side. Take for instance if an investor doesn’t diversify and make use of is cash to buy one particular coin and when unplanned situation happen and make such coin to go down in price such investor will be greatly affected and even it can cause a financial unbalanced for such investor.

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Diversifying help to reduce risk while other are falling for crash market for a particular industry but when you diversify you will have something to fall back to.

One can invest in cryptocurrency, real estate, bonds etc . It could be different industries or companies. Picking different one and investing in it will help to reduce a total loss at the end of the day.

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