Let's Make Cryptocurreny Basket ...

There is one big mistake that most investors in the cryptocurrency market make in general. This means that all the money is invested in just one cryptocurrency. This is an extremely risky behavior. Because remember that if you invest your money in a single cryptocurrency, you will lose a significant amount of capital if it goes down. There is also a risk that the cryptocurrency will not rise again. That's why experts recommend making baskets. They talk about a proverb; Don't put your eggs in one basket...

Speaking of eggs, I want to give you a little recipe...
Have you ever heard of menemen dish … ? It is a simple but very tasty dish to make. You can eat whenever you want…

Menemen recipe…

You cook the onion with a little olive oil in the pan … then you add some peppers (green and red) … When the onions and peppers start to soften, you add tomatoes … And you add the final eggs … After cooking, garnish with some parsley …

Hmmm... Isn't it delicious...?

But if we only made eggs, we wouldn't get the same taste and happiness...

Making baskets in cryptocurrencies is the same as making menemen…

Diversity enriches…

Sorry, I'm going to make some break menemen...

Sorry my friends, let's continue … So how do we make the basket … ?

In the process of converting savings into investments, some investors tend to take more risks than they expect, while others prefer to guarantee their assets. Risky investments offer more profit opportunities, but it is important to know that in case of loss, it is likely to be at higher levels.

In crypto money investments, the method recommended by analysts when creating an investment basket is to direct about 40% of the investments to Bitcoin and the remaining investment to altcoins. In altcoin investment, the magic number is 10. It means splitting all your investments into 10 cryptocurrencies.

40% Bitcoin …

Cryptocurrencies in the top 100 by 30% trading volume … (4 – 5 cryptocurrencies)

If it is 30%, this part is very interesting. Because the cryptocurrencies you choose here depend on the timeframe you do … ( 4% - % crypto)

We've had a surge in DeFi projects before, then NFTs took the lead. Now the Metaverse and GameFi madness is at the forefront...

So the last 30% of your friends will decide according to the direction of the market...

Let me create a simple sample basket for you without giving investment advice...

Let's say we deposit $1000…

$400 BTC
$300 (ETH, SOLANA, AVAX, LINK)
$300 (AXS, MANA, SAND, ATLAS, KMON)

like …

My last words; My friends, always diversify your investments … Distribute your risks. You should also plan when you will turn the baskets you have created into cash.

You can check out my previous article on this subject…

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