It’s true and a fact that it is never safe to keep all your eggs in one basket. One push, or one small nudge and you’re left with a stinky mess. Now consider your investments as eggs and market turmoil as that nudge – One small push is all it takes for you to be left with a mess of endless bills and debts. Just like eggs, it is always wise to diversify your portfolio by investing in different assets and create a protective shield around your finances. Every unique investment you make performs differently depending on how the market is doing. Having this variety helps you in maintaining the balance, for instance, if there is a loss of value at one place, you have the opportunity to gain value elsewhere. Did you know? A well-diverse portfolio not only includes a mixture of stocks, fixed income (bonds), and commodities but even a few crypto assets.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Each investor must do his/her own research or seek independent advice if necessary before initiating any transactions in crypto products and NFTs. The views, thoughts, and opinions expressed in the article belong solely to the author, and not to ZebPay or the author’s employer or other groups or individuals. ZebPay shall not be held liable for any acts or omissions, or losses incurred by the investors. ZebPay has not received any compensation in cash or kind for the above article and the article is provided “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information.