Please don't mislead newbie on this matter of diversification because newbie should stay off from diversification because it is to early for them to think or have a thought about it instead they should give maximum attention to accumulating and holding using the DCA method which is term the best and most convenient method as long as Bitcoin investment is concerned. Moreover, diversification is not bad but starting when it is too early is not good, at least one ought to have grow his or her portfolio before having a thought on diversification so that they won't get distracted and diversification should not done in Crypto since we are already investing in Bitcoin.
In the first place, what business does a newbie have with diversification, infact and investor can only talk about diversification when he has gotten enough bitcoin Hodlings, the number of years of year in this space does not count, what really count is during those number of years how much bitcoin have you accumulated so far before yiu can talk about diversification, that's to say a newbie is not part of diverfication, even those that have been able to accumulate enough bitcoin for a good number of years will have to carefully examine what they want to diversify to, because it will be a death trap if investors invest in a project that has no future all in the mane of diversification, i think such move will amount to economic waste, we have to be smart and strategic while thinking on what to diversify to.
You are making so much sense bro, diversification won't be an option yet for a newbie, all he should be putting more attention to is on how he can be able to accumulating more of his coin. In addition,
Practicing diversity at this initial stage of your investment can make you lose focus on differs way:
-Not paying sufficient attention to your current investment which is very harmful to it.
-it keeps you stressed out, that alone can make you lack the adequate energy to follow up the latest strategy and techniques in making your investment a successful one.
In conclusion, it is very healthy for a newbie or a first timer to be more straight and specific when it comes to bitcoin investment, maximum attention and commitment is needed in it if you really crave for success.