Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Jewan420
on 31/01/2025, 17:24:35 UTC
I don't understand what you mean by diversify little by little, because from what I understand about the word diversify, it means to stop your bitcoin investment and put the funds that you are using to invest in bitcoin into another asset like stock, bond, gold or real estate.
A new investor shouldn't think of diversifying into other investment .
Diversifying your investments does not mean that you have to stop investing in Bitcoin or invest in other assets like gold, silver or real estate with the money provided for Bitcoin investment. You are completely wrong here.
Being a new Bitcoin investor does not mean that you are new to investing. A new Bitcoin investor may have deep knowledge about investing. So even a new Bitcoin investor can diversify his investments if he is skilled in financial management.

During Bitcoin investment, if you think you should invest in a business enterprise from which you will get regular income, if you have the ability, then I do not see anything wrong with that. You can invest in yourself to improve your skills or invest in the development of your workplace, which I can consider as investment diversification. Just because you are investing in Bitcoin does not mean that you cannot invest elsewhere. If you have a plan to diversify your investments, you can keep a fund for diversified investments in financial management that will help diversify your investments along with your Bitcoin investments. Basically, taking the right steps with the right plan is always a good thing. I don't see anything negative in diversifying your investments.