Quote from: Joy- maker on Today at 07:04:39 PM

Quote from: Rockson1 on Today at 03:27:16 PM

Quote from: Derekfunds on July 25, 2025, 04:06:25 PM

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.

I agree with you, because newbie investors has no business with diversification since they are just getting started with bitcoin. what should be the focus of newbie investors is the on going bitcoin accumulation, they should be more concerned about the on going bitcoin buying using the DCA method and hold for long term 4 to 10 years or more and not think about diversification.

Although they can still diverdify there bitcoin investment into something else, but their bitcoin holding should at least last up to 4 to 10 years or more before they can think of diversifying into something else, and they should also make sure that they have accumulated a good portion of bitcoin to diversify into something else, and they should also examine what they want to diverdify into properly before diversifying into that thing.

Diversification is not for newbies, there main focus should be majorly on building a better portfolio in bitcoin before they can decide whether to shift some of there assets into any other assets that doesn't correlate with bitcoin. So to avoid distractions and inorder not to expose one asset to unimaginable risk newbies shouldn't put attention to diversifying there portfolio in bitcoin into any other assets until they are ready to, and I believe this only when there portfolio are in good shapes this is the only time they can think of shifting some of there assets to other assets in other to reduce risk.