Talking about the inherent risks associated with unregulated crypto products like non-fungible tokens (NFTs), Ali Solanki, Co-founder of Watermelon Gang, emphasised the importance of diversification, citing examples of market crashes and the need to spread investments across various crypto categories. In this episode of the exclusive series titled ‘ETMarkets Crypto TV’, presented by The Economic Times and powered by Mudrex, Solanki shared insights into building a successful crypto portfolio, drawing from personal experiences and industry expertise. The popular YouTuber also dissected major players like Bitcoin and Ethereum, while diving into emerging trends like DeFi, AI tokens, meme coins, and layer two tokens. The blockchain developer decoded portfolio allocation citing examples, advised on risk management techniques like stop loss orders and stressed the significance of staying informed and adaptable in the fast-paced crypto market. Solanki concluded by encouraging informed decision-making and sharing his vision for the future of finance shaped by cryptocurrencies.
Content Source: economictimes.indiatimes.com