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Diversification is a method applied to multiple investment in order to share the risks between them. Not everyone can be contented with Bitcoin investment alone, some will need an extra and faster flow in profits, not putting all they get together helps them share the risk when either Bitcoin goes dip or the diversified sources becomes not profitable.
You sound like a true shitcoiner and a degenerate gambler. We are not talking about trading in this thread, even though you are referring to diversification as if it were a reason to get into shitcoins. It sounds like you have been absorbing all of the shit-coiner talking points.
Don't misjudge me, i never wrote somewhere advocating for anyone to buy shitcoins, if i really wanted to promote or raise awareness about shitcoins then i will move to Altcoin board that permits such, moreover my post history does not fanaticize this shit projects. I'm a gambler and do not trade, don't know where you get the whole idea of saying so much when everything you claim are the other side.
I agree when you say newbies should focus more on maintaining Bitcoin investment, there is need for investment to get matured before thinking about diversification, Bitcoin is less risky and requires more portions for holding so when the bull season comes it will give huge returns, Bitcoin hardly does X1000 like some of this projects does, this is the need why some investors choses to diversify.
At least you seem to understand some aspect of the angle about bitcoin first, and hopefully with your shitcoining and trading your are able to limit your involvement in that crap to less than 10% of the size of your bitcoin investment.
I know that with traders and shitcoiners, they just cannot resist the need to be in some other "promising project," so many times they don't have enough will power to limit their gambling to less than 10% of the size of their bitcoin holdings... I cannot tell from your post if you have figured out some decent limitations for yourself, even if you seem to recognize bitcoin as the best.
Yes, i do understand about Bitcoin investment very well, not a big mouth and won't say much. I might even be a better investor than some subordinates who were quick to respond but slow to understand verily to my response directed at @Sim_card, it was a conversation on open subject with reasons why investors are getting diversified into something else. I never reasoned to the extent of trying to pull anyone interest into shitcoins, clearly i am not the shitcoiner you were hoping.