Quote from: Lionel on Today at 08:26:29 PM

Quote from: peter0425 on Today at 02:53:11 AM

Quote from: libertasbella on Today at 02:10:28 AM

I have no idea. I just know it worked out particularly well for this guy.

What? 65-75 grant for that rolex? now i know why OP did made this post, this maybe His inspiration for trying to invest in rolex watch.

But if rolex from 120$ to 75 Grant for more than 50 years , what if Bitcoin will reached a hundred thousand for the next 10 years now? does it means much better investments?

Well, i don't want to follow that guy because i want to get rich before getting old Cheesy

About BTC vs watches vs gold etc., i would invest in all of them.
You never know if you get rekt from cryptos, at least you have other assets

Indeed one should always try to diversify their investment. The reason for that? Reduce the amount of risk that it's attached to your investment portfolio.

If OP allocates every financial resource of his it means that in a bearish market or even in some kind of crash his investment would probably be hit the most. If he, however, diversifies his investments throughout many opportunities (stocks, real state, watches, creating a personal zoo and sell tickets for it) the OP continues to invest his wealth into other resources that protect him from future "crashes" in his other investments.

This is investment philosophy 1 on 1. Of course we could argue that there's more beneath these concepts (and I'll gladly discuss those) but what OP is doing shouldn't be considered bad per se. If it matches his investment profile then he should go for it