This sums up. When you do this you willa void massive loss at all costs. I leanred this through a few loses from my side, it really taught me to diversify.Putting all your eggs in one basket is very risky. If you want to invest money, diversification would help you if one business fails or has a downtime.
If you want to diversify, you should look at both high risk investments like forex and cryptocurrency trading, and safer ones like fixed deposit accounts, bonds and securities. You want to also compound your profit into the business so it grows faster and yields more results.