March 2019
Intermediate to advanced
352 pages
8h 24m
English
Content preview from Cryptocurrency Investing For Dummies
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Chapter 10
Diversification in Cryptocurrencies
IN THIS CHAPTER
Understanding how diversification helps your portfolio
Exploring long-term diversification methods with cryptos
Seeing short-term diversification strategies for cryptocurrencies
I talk a lot about diversification throughout this book, specifically in Chapters 3, 8, and 9, and in my education products and seminar. In this chapter I get to the bottom of what diversification means for your crypto portfolio, why it’s important, and how you can manage your portfolio’s risk by properly diversifying your assets.
Breaking Down Some Basics on Diversification
Small investors regularly hear about the topic of diversification for their personal stock portfolio. One of the first things a financial expert tells you when you want to get started with investing is “don’t forget to diversify!” You don’t want to put all your eggs in one basket, regardless of whether that basket is stocks or cryptos. The following sections dig into what that really means, especially for cryptocurrency investing.
What is traditional diversification?
When you’re building your personal stock portfolio, diversification often means having more than one or ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access
More than 5,000 organizations count on O’Reilly
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.