Published on June 11th, 2018 | by bitcoin0
With Crypto Portfolios, it isn’t so simple just to diversify
The Nobel Prize-winning economist, author of the classic 1952 article “Portfolio Selection,” devised modern portfolio theory (MPT), which stresses that diversifying assets is crucial.
Jeffrey Van de Leemput, a co-founder of Cryptocampus, a crypto mentoring group, says diversifying your portfolio is very important.
All go down together
But this risk mitigation strategy may be hard to pull off in crypto.
And it bears repeating that in this market the risk is high and crypto investing is not suitable for every investor.
But be warned that crypto is not yet a mature asset class and hugely volatile therefore correlation and patterns are difficult to predict.