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Focusing on only one coin or splitting your capital between coins?

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Fidelia

Fidelia

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A good friend of mine has advised me to keep my crypto investment capital on only one coin. He categorically told me that the beginning of people's losses in crypto is when they start splitting their capital to invest in multiple coins. This guy himself has only invested in Sol all along. And he is doing well.

One coin or multiple coins?
 
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