This week @ladiesofhive [Contest](https://hive.blog/hive-124452/@ladiesofhive/ladies-of-hive-community-contest-96) I would like to answer this question

1️⃣ Whether a newbie or veteran blogger, it would be good to have financial goals and a plan. Have you considered diversifying into other cryptocurrencies or tokens in your plans? If so, which ones would/did you choose and why.
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Investing in Crypto tokens is like a gamble. Sometimes they can take you to the moon and sometimes they can doom you. I will not say I am a pro in this field but I have gained some knowledge over a period of last 5 years. The thing is that my hubby is taking care of my portfolio so I am not deeply into it. He studies the coin and shares advises me to buy and sell. 

In the last 5 years, I have made some good profits and some heavy losses as well, but the thing is that the profits have all been on the screen only and the losses in real :-(
I have a target in mind and I do not wish to keep playing around with my investments. Neither am I too much diversified. A year ago I had bought some multiple tokens but gradually I converted them all as I had some profits from those. 
My jackpot in terms of my personal investment has been on Cardano- ADA, where I had purchased at a value of 0.008 and then the price went up till 1.85. As of today it is at 0.45 and I find this coin has very good potential in future, it has used cases so one can rely on it. I did not sell anything at 1.85, I wish I would have done that and then bought it back again.

![image.png](https://images.hive.blog/DQmNhsNc3VZJBAoNiWLRw5vJHXRovzYg5sz1EiSCfJv2DiV/image.png)
[Source](https://pixabay.com/photos/btc-bitcoin-cryptocurrency-currency-6272696/)

The other coin that I have in my portfolio is Ethereum- I am sure maximum people will have this coin for sure in their portfolio. It is 2nd in line to BTC and one can still think of buying it as the value of the coin is much lesser than BTC. I bought it at 700$. This was actually my greed, when the price was at 300$, my hubby kept advising me to buy and I was foolishly waiting for the price to come down further. It never did and finally waiting for it I bought it at 700$
  
Then I have loads of Shibu in my portfolio. This one is purely a gamble. The price that I bought was 0.000006. I really do not know what the future of this coin is going to be, but what I have invested even if I lose it then no regrets, it's a negligible amount. I am going to be patient with it and hoard it for a long time. Even if the price touches 0.0001 then it is one of the best deals from my overall portfolio.

Then I have bought some very few FTT, ATOM, MATIC and SAND. Again here too I honestly do not know the future of the coins. FTT I still have some knowledge as FTT is a token of FTX exchange. The others are just based on my hubby's advise. I  do not have big amounts here. I had some cash in my account and I wanted to park it for some time in some coins so at that point of time, the prices of these tokens were low and hence I bought into them.

As such I am not much diversified in this moment. My major is Hive, ETH, ADA and Steem. I am waiting for a one big run and gain some profits, after that I may think of diversifying more. There are so many tokens in the market and there are temporary surges in some which makes people believe that this coin can be good but they fade out soon. One of such coin is SPI in my portfolio. It went upto 200$ making it look very promising and now it is at 4$ which is a big time loss. Thankfully I hold very few of them so I am not regretting it too much also. Other I had Binance coin which I removed at 100% profit, I am happy with that. It was a short term investment.

![image.png](https://images.hive.blog/DQmVg254PcTKLk3Jz6nu76pwrFjPrfbDx2jpLcM1c6J2m1Y/image.png)
[Source](https://pixabay.com/photos/bitcoin-blockchain-crypto-3132574/)

Crypto investments need lot of patience, that is one thing for sure. You cannot expect quick gains. Unless you are very very lucky that you invest and the price shoots up exponentially. Those kind of things happen to one of a coin and not all coins. One has to keep buying on dips and not panic and sell. I am going to keep my holdings till my target is reached, as I said I am not the rolling type person who wants to keep selling at every little pump. 

The market as of now looks very gleam but hopefully in a year's time there will be some good moves and the patience of millions of people will pay off. 
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I will like to invite @trucklife-family to participate in this contest

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