Surely I was not attempting to differentiate between various kinds of digital assets and digital tokens, since I was only referring to bitcoin and otherwise referring to various productive and/or non productive assets and/or currencies.

When you get into talking about various digital assets it sounds to me that you are talking about shitcoins as a way to potentially diversify, and surely I was not talking or even hinting at any of that kind of discussion, since your earlier post did not seem to do that either.

The only digital asset/token that I was referring to was bitcoin... and maybe the dollar might be digital in some cases... but much of what you had initiated your post with was talking about some kinds of physical assets that might be used for generating income, such as equipment... and so there can be assessments about those physical assets and the extent to which they hold their value and how much inputs they might require to generate income.. and then also if they depreciate in value, hold their value or potentially appreciate in value.


Well any time that we might generate a lump sum (of value, whether it is from the sale of assets or otherwise), then there could be questions about whether to buy bitcoin right at that time, or to maybe employ various strategies of buying on the dip, DCA and there can be a variety of considerations that include considering how many BTC you already have in light of your other personal goals and/or timeline considerations.  There are risks in any volatile asset like bitcoin, yet if you are a long term investor of 4-10 years or longer then you should be able to figure out ways to mitigate some of the volatility, yet you still may well be better off to buy bitcoin at the top of the market rather than waiting, which also gets back to looking at questions of how many BTC you already have and decisions about alternative ways that you might deploy your value into bitcoin in the even that you might not want to invest in a lump sum kind of a way (that might end up being at the top of the local price range).   The answers are not straight forward and might not even be the same for everyone.


If you are already starting out with assets, then you might already be starting out with diversification.  If you are starting out without any bitcoin, and you choose to buy some equipment because you believe that it will generate you income and bitcoin will not, and that could be an error too, since the bitcoin might end up giving you better price performance - yet you are not going to necessarily know, but if you are an expert in some kind of an industry you might be able to calculate various trade offs, and one of the advantages of bitcoin is the ability to invest in small amounts and on a regular basis, which you might not be able to do with various pieces of equipment, so some of the answers might depend upon what kind of equipment, how much capital is required in advance and the other input factors related to the equipment as already mentioned several times.


The mere fact that an asset generates income does not make it a better investment than bitcoin, so it is going to depend on the circumstances, and there may also be some unknowns involved also.  Sure some folks might be better able to calculate how much certain kinds of assets might generate, and it may well be better to hang onto some of those assets and to use the proceeds of the income to buy bitcoin.. yet I still would not assume that the answer is obviously to select productive assets over bitcoin, since the answer is not black and white and some analysis may well need to be carried out in order to attempt to figure out various options and which options might be better to employ.


If we are devolving into talking about digital assets and digital tokens, then it seems quite problematically devolving into vague and ambiguous references and talking about shitcoins.


It is not always important to diversify, especially if you might be a fairly new investor into bitcoin, so don't get distracted into some nonsense ideas that cause you to conclude that you need to diversify for the mere sake of diversification.  Your hinting at shitcoins by mentioning digital assets / digital tokens and also proclaiming that diversification is amongst the most important, seems that you are devolving into retarded and confused ideas.

We were initially referring to income generated from some kind of equipment, and even then the answer is not obvious that the investment should be in the equipment rather than into bitcoin, especially since bitcoin has advantages in terms of how little capital might be required to begin to invest into it - and so maybe some people might already have equipment and/or real world opportunties to generate income that might need to be considered..  A person could be in a place where it is difficult to generate decent income on his own labor, but if he has some equipment he can multiply his opportunties to generate income from his labor... yet the answer is still not going to be obvious since it might make a difference if the equipment costs $5k versus if it costs $50k, and then there could still be questions regarding how much the equipment ends up improving his ability to generate income from his labor.

But when you are throwing in ideas of digital assets and/or digital tokens, then who knows what vague nonsense you are talking about with supposed income generation that you might consider to be coming from your ownership of digital assets and/or digital tokens.. You sound distracted and muddled in your thinking or whatever message you are wanting to share in terms of your discussion of choices of investing into bitcoin versus investing in some other places that might generate income.. Are we talking about investing into shitcoins or some of the other concerns about physical equipment that a person might already have or maybe a person is considering purchasing physical equipment instead of bitcoin in order to generate income (which also is not a necessarily straight-forward answer).