Crypto safety
The idea
Holding several tokens does not necessarily diversify the economic risks. Assets may share the same market sentiment, network, bridge, custodian or stablecoin dependency. Evaluate both price relationships and infrastructure concentration. Correlations estimated in calm periods can change during stress.
A worked example
Five tokens held through one failed custodian can share an access risk even if their prices behave differently.
Try it yourself
Draw a dependency list for a hypothetical portfolio: network, custodian, bridge and settlement asset.
A mistake to avoid
Counting token symbols instead of identifying common points of failure.