Post
Topic
Board Bitcoin Discussion
Re: What we all learnt this 2023
by
deathcode
on 29/12/2023, 10:29:45 UTC
👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

some people spread their investments across multiple projects in the hope of faster returns. it's like new projects. they put a little money there for luck if the new asset can pump high.
but it would be better to just focus on a few assets that are truly the best. such as focusing on long-term Bitcoin investments. New projects will only last a short time. even though it is successful, but if we lose momentum, we will not get anything.
reducing the diversification of assets we own may be a good choice.