You buy three coins so you don’t have to rely on just one. You open your wallet and all three are in the red.
This afternoon, $BTC , $ETH and $SOL were showing 24-hour drops of around 5.5%, 7.4% and 5.8% on Binance.
Spreading your investment across projects can soften the blow from a problem with one of them. But if prices move together, a broad downturn can drag several down at once.
That’s the uncomfortable part: holding more coins doesn’t always spread the risk as much as it seems. The number of names in your wallet matters less than how they behave together.
Has it ever happened to you that you diversified and they all ended up falling at the same time?
This afternoon, $BTC , $ETH and $SOL were showing 24-hour drops of around 5.5%, 7.4% and 5.8% on Binance.
Spreading your investment across projects can soften the blow from a problem with one of them. But if prices move together, a broad downturn can drag several down at once.
That’s the uncomfortable part: holding more coins doesn’t always spread the risk as much as it seems. The number of names in your wallet matters less than how they behave together.
Has it ever happened to you that you diversified and they all ended up falling at the same time?