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Scraped on 26/07/2025, 21:04:14 UTC
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.
It’s really a good idea to diversify your portfolio, am not always against that, but if you are a newbie, diversifying your portfolio might be something difficult. As a newbie you might be confuse if you are having so many assets in your wallet, you might not be able to manage it properly, so the best which I do recommend is just to invest in bitcoin and hold, as we all know that bitcoin is the only coin which won’t disappoint us, other altcoins which we have in the market might just end up failing us, so it’s just better to leave your money in bitcoin as a newbie. TheyThe more you keep on growing, then you can start thinking about diversification if you want to diversify, but you should know that the altcoins which you will be diversifying into are just risky, so if you leaving any money their, then it should just be little amount of money.
Original archived Re: Buy Buy Buy or Sell Sell Sell?
Scraped on 26/07/2025, 20:59:31 UTC
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.
It’s really a good idea to diversify your portfolio, am not always against that, but if you are a newbie, diversifying your portfolio might be something difficult. As a newbie you might be confuse if you are having so many assets in your wallet, you might not be able to manage it properly, so the best which I do recommend is just to invest in bitcoin and hold, as we all know that bitcoin is the only coin which won’t disappoint us, other altcoins which we have in the market might just end up failing us, so it’s just better to leave your money in bitcoin as a newbie. They more you keep on growing, then you can start thinking about diversification if you want to diversify, but you should know that the altcoins which you will be diversifying into are just risky, so if you leaving any money their, then it should just be little amount of money.