Don’t Fall in Love…Diversify!

We’ve heard this warning before: Don’t fall in love with the coin.

Fell In Love Here jason-briscoe-zuXlkbsfU9Q-unsplash.jpg

I’ve recently met a crypto millionaire who leads an investor pool responsible for price fluctuations that keep companies in the black. When I say if this savvy investor even hints at not getting all in your feelings, take note.

He spoke of one transaction of 32 million coins described as a “golden opportunity” that never moved past a few cents. “That was the company we put our love into and we lost out.”

For traders who take on the Dow, NASDAQ and international regulated markets the struggle to keep emotions at bay is real. In a non-NASDAQ world, crypto buyers, sellers and holders will scream to the rooftops when a coin hasn’t delivered as predicted.   

Our crypto millionaires know how to quickly get back on their feet, though, because they’ve surveyed the more than a thousand altcoins (and growing) in the cryptoverse,

Time for some tough love then.

Here are some tips that may help you reach Whale status sooner than you expect.

You’ll be hearing about stablecoins a lot in the months and years to come. Don’t sleep on the coins that power them up!

With stablecoins, crypto plans to emulate the US dollar when consumer confidence was high. The capitalists who were so in love never saw the possibility of peer to peer currency flipping the game.