🗒 Diversification is a strategy for allocating resources (such as money, assets, or production) aimed at reducing risks and increasing resilience.
Main Types of Diversification:
• Investment Diversification – Investing funds in different assets (stocks, bonds, real estate, cryptocurrencies, etc.) to reduce dependence on a single source of income.
• Production Diversification – Expanding the range of products or services to decrease reliance on a single product.
• Geographic Diversification – Entering new markets or establishing production in different countries.
• Business Diversification – Developing new business areas.
🏳 Diversification helps minimize losses but requires a well-thought-out approach. Become our partner and don't waste time on earning strategy!
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