Let's say; Coin A has a positive correlation of 0.89 against BTC price & Coin B has a negative correlation of 0.89 against BTC price.
Are we safe to say investing on both these coins are minimizing the risk; provided that I will have a good research on both these projects to ensure that these are not shitcoins? Ignore the fact that all coins without BTC is a shit (Note for bitcoin enthusiasts).
I love the last part because it is the truth.
Is it minimizing the risk or just an equalizer?
I don't get it. If you will waste effort into researching for one project then you could stay there.
If you make it two then you are just risking more. Right?
Or, it could both profit if done right.
There is always risk on both side even if you put so much positive attitude in it.