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Edited on 09/07/2025, 09:18:38 UTC
Yes, diversification does not mean that the investor has to invest in Bitcoin along with other cryptocurrencies or gambling tokens. Diversification is done to reduce the risk. Not putting all the eggs in one basket, but in different baskets. But when he keeps his assets in shitcoin, his attention to Bitcoin will be lost. After holding shitcoins for a long time, when he loses that money, his greed will also affect his Bitcoin investment later. This will destroy his long-term dream of investing in Bitcoin. For diversification one can also keep his assets in real estate or any other platform, but when he keeps them in shitcoins, he can be cheated at any time.
Yes!.. Diversification can be a means to reduce investment risk but not with shitcoins cos with them you’re increasing your risks in hopes of high gains which may not happen. The concept of not putting all your eggs in one basket is not applicable here because it is better to put all your eggs in one basket (Bitcoin) than to put in different baskets (shitcoins).If an investor wishes to diversify, he can look into Real Estates, Gold or even stocks n Tech. There is no known shitcoin that has a long term value that you can hodl in hopes of making sufficient profits.
It's perhaps the safest investment decision you could make in your crypto investment journey.
HODL.. and keep accumulating until you either get to overaccumulation status or you get to a point in which time will play out to cause the amount of your holdings to transition into overaccumulation status.
Waiting is not a very good strategy, but it is better than selling.. I will grant you that much.
Original archived Re: Buy the DIP, and HODL!
Scraped on 09/07/2025, 08:48:43 UTC
Yes, diversification does not mean that the investor has to invest in Bitcoin along with other cryptocurrencies or gambling tokens. Diversification is done to reduce the risk. Not putting all the eggs in one basket, but in different baskets. But when he keeps his assets in shitcoin, his attention to Bitcoin will be lost. After holding shitcoins for a long time, when he loses that money, his greed will also affect his Bitcoin investment later. This will destroy his long-term dream of investing in Bitcoin. For diversification one can also keep his assets in real estate or any other platform, but when he keeps them in shitcoins, he can be cheated at any time.
Yes!.. Diversification can be a means to reduce investment risk but not with shitcoins cos with them you’re increasing your risks in hopes of high gains which may not happen. The concept of not putting all your eggs in one basket is not applicable here because it is better to put all your eggs in one basket (Bitcoin) than to put in different baskets (shitcoins).If an investor wishes to diversify, he can look into Real Estates, Gold or even stocks n Tech. There is no known shitcoin that has a long term value that you can hodl in hopes of making sufficient profits.
It's perhaps the safest investment decision you could make in your crypto investment journey.
HODL.. and keep accumulating until you either get to overaccumulation status or you get to a point in which time will play out to cause the amount of your holdings to transition into overaccumulation status.
Waiting is not a very good strategy, but it is better than selling.. I will grant you that much.
Through discretionary income.
To increase the alternative income source to increase extra accumulation, Any kind of action plans should be adopted to keep our attention on our socio -economic and global economy. Bitcoin future coins, even on the current holding of the present -day depending on our future investing. If we have more aggressive or naturally for accumulation Bitcoin then we should take our work accordingly (To follow DCA method and holding long term).