Post
Topic
Board Economics
Merits 2 from 1 user
Re: Don’t Fall Prey to these Market Sentiments and Save your Bitcoin
by
1miau
on 29/01/2023, 22:50:46 UTC
⭐ Merited by Faisal2202 (2)
Yes 1miau, i read your diversification article and its really interesting. There is no doubt in your context. because diversification has more benefits in traditional market because that market has more sustainability and crypto market is very volatile.
Of course, diversification of traditional markets is based on different stocks rom different industries, for example but also much broader like precious metals such like Gold or even real estate.
It's very different from crypto, where we can just go for BTC and, if we want to have more gains but also more risk of course, buy some Altcoins. But it's increasing risk of course.

i think i made a mistake here by writing Diversification instead of DCA. because diversification means, investing your money into different types of securities or assets. and as we are talking about only btc then i must have to write dollar cost averaging method to avoid hodling to save btc.
Ok, makes sense now.  Smiley

And Also thanks for the appreciations. and coming on to the genuity. i tried to provide source links to almost most important facts and figures i used in this article to prove genuity. Additionally, i read different article to get clear concept so i can write in a way that others can understand. So i hope you get the answer. I did not add those article links ofcourse not of every article. Do i have to add? or is it ok, i thought it would be overcrowded with links then. Yeah and the pictures i edit them myself on Canva.
Sounds fair, I've been just interested because it's a very detailed article and a good read of course.
I've doubled my Merit for your post, good work and you put quite a lot effort into it. It's also a very good presentation of content by suitable formatting.  Smiley