Quote from: uneng on January 14, 2023, 09:13:44 PM

Quote from: peter0425 on January 14, 2023, 01:33:44 AM

Quote from: kapalmabur on January 13, 2023, 09:54:40 AM

Quote from: peter0425 on January 13, 2023, 05:28:56 AM

Quote from: lobo13hf on January 11, 2023, 10:32:57 PM

there's reason why so many big investment firm and companies are having their big share of investments in btc and not in alts because they know it's relatively safe investment and could still gives good ROI.
the thing is, with alts even though sometimes the ROI is indeed multiple folds of btc, but it also carries risk, you could judge if you happened to hold coins like luna and ftt i'm sure by now you're already broke but if you hold btc its just losing some fraction of its value.

while it is safer for Bitcoin to be the choice yet? altcoin shows bigger opportunity for short term investing But the problem is which to choose and how long will it take?
there are several occassion that I do the same strategy buying bitcoin but also buying altcoins for other option.
and this is what have been called diversification .

Indeed, when talking about short-term investments, of course altcoins are still a reasonable choice,
make sure we need to do research before determining which altcoin we invest in,
occasionally it is important to carry out a diversification strategy.

completely wrong , Diversification does not have to be occasionally but each time mate , we must have many coin that single investment and this has been proven for how many years now? though determining the coins to keep hold is the harder part but diversifying is what investors in our time now must have and trust me you will also love having those in daily basis.

In crypto it doesn't make much difference diversifying the portfolio among different currencies, because all of them are affected by bitcoin's fluctations after all. If btc pumps, altcoins also pump and if bitcoin dumps, altcoins simply dump as well. A diversified crypto portfolio would be interesting if altcoins had independent life. The only advantage of holding different cryptocurrencies is that one of them might present superior percentage appreciation, so you are highly benefited if you hold a decent number of those tokens. But that is a kind of lottery anyway.

that is completely wrong ,even though those altcoins are affected by Bitcoin? but still there are some of them that maintain their position and even increase while Bitcoin is drowning so never underestimate the power of diversification because we have seen this effective for many times now unless you are putting your money in single basket then that is your choice but we are not mate.