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Why is it often suggested to diversify investments when dealing with cryptocurrencies such as SHIB? Given the volatile nature of the crypto market, isn't it crucial to question whether spreading investments truly mitigates risk or simply dilutes potential gains? What evidence supports this diversification strategy in such a speculative environment?

Why is diversifying investments recommended when considering cryptocurrencies like SHIB?

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Why is diversifying investments recommended when considering cryptocurrencies like SHIB?

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