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Is it better to keep all eggs in one basket if you don't have much to invest?

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by COINS NEWS 67 Views

I have been investing since 2022. I only invest money that I can afford to lose, which ranges from 0-100$ per month. I was unfortunately broke af during 2023 so most of my investments took place in 2022.

On average, I have invested about 2k on crypto and then I rely on staking. My portfolio is 45% ATOM , 45% CRO and 10% BTC.

I don't expect to be a millionaire but I would like to take some profit. I am not planning on selling anything for the next 2-5 years unless something skyrockets.

For the past couple of months, I have stopped buying anything other than BTC. However, I am tempted to a) convert everything into BTC or b)convert everything to either ATOM or CRO and use stake rewards to buy BTC.

I am only a little down from my initial investment thanks to ATOM that I bought lower than current price.

Ideally I would like to hold all three coins but the little money I can afford to invest makes me feel that I should convert my ATOM and/or CRO to something else.

What would you do? Both my 3month staking period ends in a couple of days for CRO and ATOM so I have to make a choice.

submitted by /u/N-T-KYS
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