Ripple CTO Holds XRP Only After Massive Gains, Warns Crypto Investors to Sell Some
Key Takeaways:XRP Dominates Schwartz’s PortfolioA Strong Case for DiversificationNot A Believer in “Maximalism”When to Take ProfitsBalancing Conviction and Risk
The remarks by Schwartz point to one of the main challenges in crypto investment. Wholeheartedness in a project may lead to disproportionate returns, but it also increases vulnerability to a downside risk. The portfolio he has personally reveals how even seasoned insiders would find themselves extremely concentrated. However, the direction of his counsel is the reverse, remain diversified and make money when there is a lot at stake. The juxtaposition has straight forward conclusions. Within crypto, strategy can be less about ideology and more about the amount of risk that you can withstand.About Author
