Avoid these crypto investment mistakes

[Hatchy]

Well all the listed above are actually correct but some of these mistakes are inevitable as an investor. Especially those new to the market they get scared easily and barely take their time to make good plans and properly research what they are about to invest on. I won't actually say that most of us don't sell Bitcoins even during times like this when we are expecting the bull. No one is stoping you from selling some few coins. Just make sure you aren't wasting your coins and also have some stacked up in a safe wallet. Though you may choose to diversify your portfolio but it's not necessary if you don't know how to. So you don't end up putting your funds in the wrong basket. A basket that might bear rotten eggs. Just be wise enough to do research where you want to diversify your funds into.

[Jegileman]

•un-diversified portfolio:  this one just dey like putting all your eggs in 😂 one basket. Which means say anything way sup for that basket go affect all your eggs. So make we try to spread our investment across other reasonable assets.  then another major investment mistake na

Wetin you mean by other reasonable assets? Hope say no be diversification in other crypto assets you mean by that? Dis wan no go be better advise if na wetin you mean be dat because market no go play your way if na wetin you wan venture your money into only. Diversifying of portfolio fit come through investing in other assets out of the crypto world that are reliable and trustworthy. E no mean say na only crypto you go depend on to make you rich or achieve your targeted investment. Your major mistake in dis aspect na him be say make you put money for any coin wey you come across and hoping say dem go do you well after some time. If no be bitcoin, just know say you dey gamble with your money and wetin you expect fit no be wetin you go take your eyes see.

[Ever-young]

I cannot counter all what you have listed,it is based on what you believe, nice one tho, but let me say something. Diversification is not always a necessity, their are people who wants nothing to do with Altcoins, like they do not give a fuck if the price of this Altcoins skyrocket so they have nothing to diversify, they believe solely in Bitcoin. We consider the implementation of diversifying our investment when we dealing mostly with lots of Altcoins, since there is high risk of losing funds. It Is considered wise for every investors to hold good portion of Bitcoin before thinking about diversification, we diversify our Altcoins investment not on Bitcoin.

You are totally correct and this kind of mistake makes most investors to later regret their actions of solely believe in Altcoins even knowing the high risk of losing more funds even though it also increase in price at times but solely relying on Altcoins is not an option but for me I rather invest in Bitcoin than Altcoins because it's a waste of time and energy although Bitcoin also fluctuates at times but can't be compare to Altcoins and it's more reliable. Although the choices is really based on individuals but no matter any one chooses, let them be aware about the risks involved.