Quote from: tmzn32 on June 17, 2016, 03:10:52 PM

Quote from: freshman777 on June 17, 2016, 03:04:52 PM

Broad diversification is key to success in investing.
Saving money in 2 coins or stocks can wipe half of your capital if one of the two goes south.
Put your dough in 5-10 coins, if one of them collapses you only lose 10-20% of your capital and can quick recover your losses. Read what professional investors do, they recommend investments spread over 10-20 ventures. Above 20 is difficult to keep track of. But 5 is a bare minimum, everyone can keep track of 5 coins and be insured against large unexpected hits.

In crypto broad diversification is picking coins with original code that are not Bitcoin clones. You diversify the software and the devs, programming languages.

You're saying "conclusions after eth fiasco" like it's over? haha

My point is some crypto investors who only had Bitcoin recently invested in Eth and thought they were properly diversified and could now feel secure. Nothing could be further from the truth. Having 2 coins is not broad programming code diversification.