Daytrading is a daytrading, buying BTC and waiting on the growing to the sky is another thing.
Bad Investment Habits That Are Draining Your Portfolio
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One of the cornerstones of investing is to diversify your holdings.
That way, if a stock or mutual fund in your portfolio takes a sudden dip in value, your other assets can help to balance out the loss.
A common problem many investors run into is devoting too much money to a particular investment because there's an emotional attachment involved.
For example, investing heavily in an employer's stock out of a sense of loyalty can backfire if the company goes under.