Post
Topic
Board Bitcoin Discussion
Re: To diversify or not to diversify...
by
Shenzou
on 09/06/2021, 22:00:45 UTC
So my wife and I started buying bitcoin a couple of months ago, and as of right now we're the proud owners of 0.4 of a bitcoin.

Since everything is so cheap right now, I want to invest some more of our savings before things pick up again.

Should we just be focusing on BTC, or would we be better off diversifying (maybe Etherium?).

We got into crypto in order to help us own a house and be able to be semi-retired within the next 10 years, if that helps.
I would highly suggest that you wait and see, so for bitcoin i am sure that the investment that you made will defeintly pay off in the future and by the future maybe in a few months or so you capital will be doubled, so i think you should just focus on bitcoin since it is currenty hot and will most likely to net you short and long  term investment, as for the etehreum and the other cryptocurrency i think they will most likely fall beheind and even if the pioint of diversifying is to protect you from drops it won't be as good as bitcoin.