Diversification of investment portfolios is an important factor in realizing long-term financial goals and is used as a way to minimize risk.  The aim is to improve the odds of total returns by entering into a variety of positions in different assets that will individually respond differently to the same event. As the saying goes, don’t place all your eggs in one basket.
 
This could be a number of assets within the same asset class, or a variety of assets from different asset classes.  Typically, a diversified portfolio will spread a trader’s capital across a range of different asset classes, incorporating a mix of high and low volatility instruments, i.e. high and low risk.  For instance, it might include cryptocurrencies and stock indices as the volatile instruments, as well as forex and commodities as the less volatile instruments.

Ideally, you would want to have access to all assets and open positions on the one trading platform, as is possible on PrimeXBT - a bitcoin-based margin trading platform which offers all of the most popular markets in FX, crypto, indices, and commodities. Here you can even go long and short on the same asset at the same time, aka hedging, as another means to reduce risk.

Margin traders will be happy to hear that PrimeXBT has recently launched its mobile trading app for Android (iOS coming soon) which offers all of the same margin trading possibilities, crypto assets/financial instruments, and features as the desktop platform. 

This year PrimeXBT has seen exponential growth in new users and trading volume as many ditch BitMEX for greener pastures - with the possibility to use 100x leverage on ETH, EOS, LTC, and XRP, in addition to BTC (as is the only crypto offered with 100x on bitMEX).  PrimeXBT’s users also praise the platform’s user-interface, fast-reliable order execution, and ease-of-use.

Just last month, PrimeXBT added traditional financial instruments in FX, stocks indices, and commodities, with varying available leverage of between 100x up to 1000x. Due to the fact that the platform is bitcoin-based, means that traders gain unprecedented access to these world-renowned asset classes without the inconvenience and intrusion of privacy as there is no KYC.

It’s an exciting time to be involved in crypto and financial markets and margin trading certainly increases that fact.  With high-risk and high-reward, no day is dull. 

Be warned, margin trading is only recommended for experienced traders, and/or with small investment your willing to risk losing for the opportunity to turn it into much more.

The app is available now at Google Play Store and you can read more about it at PrimeXBT's Medium blog: (medium.com/primexbt)