Quote from: isaac_clarke22 on January 30, 2020, 04:36:08 PM

Quote from: mk4 on January 27, 2020, 11:26:57 AM

Quote from: Finestream on January 27, 2020, 11:05:05 AM

Quote from: mk4 on January 27, 2020, 10:30:18 AM

Quote from: Finestream on January 27, 2020, 10:23:38 AM

However, if we are talking in 2017, I have already proved that diversifying in altcoins is a good strategy, you guys just won now because altcoins are struggling, lol..

It's a good strategy, if you got out immediately on the top of the bubble. Buying coins/tokens at the bottom and needing to sell at the top isn't "diversification". It's speculation/gambling.

Yeah, I got out immediately but I will not lie, I am still holding some of the shitcoins you are talking now, but I should still be thankful because I made profit in my overall investment, just like gambling, you win some and you lose some, but what matters is you have more wins.

True. There's really nothing wrong about trading shitcoins as long as you can stomach the risks, as you could definitely make(or lose) money. What I was disagreeing was calling it "diversification", as diversification is done to reduce risk for your investing portfolio; which is definitely not something you can really achieve by trading shitcoins. Just to clear things out.

Well sometimes it still feels good to have some many coins in your wallet in the end.
I never diversified my funds to these shitcoins ever. Although I put some into hodl which ain't worth the time burned, I still managed to earn some cents to it. It is still pretty nice actually.

yeah it feels nice to see that your wallet has alot of different kind but i still do care of thier value . it would be more better if you got many kinds of coins with different good values too . i dont diversify too but i only stick on one coin to get the most out of my money . buying different coins is still diversification , no matter how long you wait , win or loose . if you think diversification can reduce risk , well you need to choose the best coins .