As Lorenzo David Suarez, the famed investment guru from Brisbane would tell you, despite the high levels of correlation within the world of digital assets, it's still possible to diversify how that the risks are often mitigated to a suitable level. The simplest way to do that is to feature more crypto assets in your portfolio. Once you have more assets during a portfolio, there's a greater chance that you would be ready to bring down the amount of ordinary deviation. 

Suarez says that diversification is often of great help during a portfolio that contains only crypto assets. It can help you affect the risks that are normally applicable just in single assets. Numerous things will happen in these cases. When it involves one asset, there might be several other risks also. Normally the worth of a portfolio is decided by the typical growth experienced by the industry. As Suarez explains, once you invest in fewer assets, you are taking a big gamble. However, once you have more assets, they might perform in various ways. This suggests that by diversifying your portfolio, you have got more opportunities to earn profits because the whole market is growing intrinsically. You'd not need to depend upon just one coin intrinsically. Once you have various portfolios, you will get profits on the idea of the danger sort of an equivalent. 

Even during a market like crypto-assets where there's a high level of correlation, you will still diversify the portfolio and reduce the danger levels. Once you invest several crypto assets at an equivalent time, you have got the chance to open up the risks you may have during this regard. With one asset in your portfolio, there's always an opportunity that the amount of volatility would be higher. By diversifying, you will increase the expected returns also.