Why is it worth diversifying your investments?

As in the subject. Why is it worth diversifying your investments? How much does this increase the risk? What if one investment goes to starts, and the other one drops very much. What does this diversification give me?

As in the subject. Why is it worth diversifying your investments? How much does this increase the risk? What if one investment goes to starts, and the other one drops very much. What does this diversification give me?

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