Important tips for beginners(2): The loser is the one who lays all eggs in one basket!

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The golden advice in every field and not in the profit from working on the Internet only is:

Do not put all your eggs in one basket.

There is no doubt that you have heard this proverb before, and you may have heard it to the point of boredom!

But you have to put the boredom aside not to regret it.

 

And if you do not recognize the wisdom of ancient proverbs, and believe only science... The equivalent of this proverb or scientific application has what is known idiomatically by diversification .. Put this word in the famous search engine Google...

You will find more than 134 million results...

Now filter these results to nearly 8 million .. Then focus on two areas of management sciences: finance and marketing.

Diversification A strategy of diversification of risks with multiple investments that require a lot of care and attention.

Diversification in finance is extremely important when choosing assets to invest in, such as stocks, bonds, investment funds, etc.

Did you like the scientific talk full of boring details for non-specialists? Or do you like the deep wisdom of the old proverb?

In either case, you should take this important advice, especially if you are a beginner, so do not put all eggs in the same basket so that you do not lose them once if there is a loss!

Let us give an example, bitcoin, This magic coin attracts the attention of many people...

Suppose you put all that you have in a Bitcoin investment, and another person puts the same amount in a variety of investments... So he added to Bitcoin another bundle of currencies like Ethereum, Ripple, Bitcoin Cash, Litecoin... and the dollar, euro, ruble, etc.

Then bitcoin collapsed suddenly ... while other currencies held up ... who is the biggest loser in your opinion?

I think now you understand what I mean well...

If you realize what I really mean .. you have to say it with me please:

the loser is the one who lays all the eggs in one basket!