Smart Move or Risky Bet?
The diversification of portfolio is known to be the most effective and widely used risk management strategy among investors. By spreading investments across different asset classes and within the same category, industries, and geographic regions, one can limit the impact of any of these holdings on their portfolio. Therefore, savvy investors put a lot of time and effort into selecting different financial instruments and determining how much of their portfolio they should allocate to each to create a suitable asset assortment.
The quest for diversification often leads to the crypto market, given that digital currencies have become an increasingly popular and potentially profitable investment option. However, cryptocurrency investments…
