Quote from: Tmoonz on July 03, 2025, 08:01:42 PM

Quote from: Cryptoprincess101 on July 03, 2025, 07:23:15 PM

Quote from: Cryptohygenic on July 02, 2025, 09:41:35 PM

If only Investors especially beginners would think twice on the diversify of their investment, after primarily invested on bitcoin any other coin should be treated a skeptic not worth investing much because the drain could downpour even at the sunset.
Not reliability of investing in the digital assets like bitcoin and if you are not contended with your holding, hodling gives you the opportunity to the peak you desires.

There is no better asset to diversify to, bitcoin should be the first choice and the second choice except you have some real-life assets that have potential value to appreciate as time goes on then you can alternate it with your investment is bitcoin. The market is full of worthless coins, it will be a total error to think that you can get smarter by diversifying into any shitcoins because you will lose in the end and regret why you made such a costly mistake. However, i think it will be more reasonable for you not to refer to bitcoin as digital assets because it just sound like someone who is classifying bitcoin with other cryptocurrency which is not an appropriate.

It is very simple and for clarification especially for those that have such mindset of calling their dealing with shitcoins diversification when they also have values in Bitcoin, it can never be called diversification by definition, for those who can not resist the temptation of shitcoins not having more than 10 size of Bitcoin is always advisable without cheating which of course a lot of people find it difficult to do so because of the hype and promises of making 10x over a short period of time, if not for greed of getting quick money which is very unrealistic people wouldn't have been getting involved with shitcoins.

Well said, It is a very wrong mindset for some one that have a a portfolio in bitcoin and is dealing with shitcoin to think that they are diversifying.such a thing is not diversification, I believe this set of people doesn't really know what diversification is and the purpose or the reason behind diversification of funds The main reason why most investors diversify their funds is to reduce risk, just like the saying goes it is not good to have all egg in one basket, so diversify one portfolio in bitcoin to shitcoin which is more riskier than bitcoin is not diversification since the investor will be exposing there funds to more risk.