Quote from: Miramax12 on Today at 01:22:09 PM

Quote from: JayJuanGee on July 26, 2025, 10:53:54 PM

Quote from: Silikiem on July 26, 2025, 02:57:26 PM

Quote from: JayJuanGee on July 25, 2025, 06:15:38 PM

Yep... Another reason that Regardme does not seem to know what he is talking about since he seems to be considering diversification as a way to grow your investment portfolio rather than as a way to attempt to protect it and to preserve its value, which means that you don't need to diversify until you have gotten some level of growth or maybe you have been investing into bitcoin for 4-10 years or longer and even if bitcoin had not grown as you had expected/hoped, you still might need to start to diversify at some point after you had put so much value into one location.

It’s clear and I agree with you about what should be the primary aim of an investor who wants to diversify into other sectors, the primary aim should be directed towards risk reduction and not just a way to grow investments portfolio. And anyone who is diversifying should try to spread his investments across a different sector and not engaging in what’s similar to the investment currently ongoing . By so doing, you’re trying to mitigate or reduce the impact of risk or downturn in any of the category or sector and at the same point enabling a more stable returns over time.
Further more, a newbie into bitcoin investment shouldn’t think of diversifying yet, he or she doesn’t have any business in diversification as the focus should be to consistently accumulate bitcoin and grow his portfolio to a point of over accumulation, perhaps 2-3 cycles of being a Mainstay in bitcoin accumulation.

I am not proclaiming to know at what point diversification starts to make sense, since there are some subjective elements involved in making those kinds of decisions, yet at the same time, I had been suggesting that beginners do not likely need to be thinking about diversification, and they likely could spend several years building their cashflow management and solely focusing on building up their bitcoin investment before diversification might start to make sense.

I think that Regardme had been talking about diversification as if it were a way to invest into a bunch of things simulataneously (such as shitcoins) since he is assuming not to know which one is better or worse.

Yet any of us who have already identified bitcoin as amongst the best, if not the best investment, then why is there a need to diversify. Another thing is that even if we might be a bit hesitant about bitcoin, then we likely need to figure out how to diversify rather than merely diversifying for the sake of it. Some people are still trying to figure out bitcoin's investment thesis and how bitcoin is different from various shitcoins.. so yes. .that is too bad that they are lost in that regard.. yet still it may well be prudent to at least get started with bitcoin first, and then just figure out their position size until they learn more about bitcoin. If they are studying various shticoins while they are studying bitcoin, then they are likely distracted.. and it might be difficult to help them to figure out why bitcoin first and to actually act upon bitcoin first ideas.

diversification is sometime misunderstood as a growth strategy , in reality its core objective is protection. Risk management should be only the primary driver behind diversifying not just chasing more profit , if all your investment are still tied to the same market behavior even if they are in different assets, you are not really diversified. I also agree that for new investor, especially the focus should be on learning accumulating and building conviction through at least a few market cycle. Diversification really makes some sense after you have reached a certain level of exposure and maturity in your primary investment.

You are diving into the wrong strategy and putting your capital at risk. Diversification will create a confusing investment situation for you and you will eventually lose money. Most of the shitcoins you will see in the market are very dangerous and risky. Bitcoin is the best for investment. If you have a limited amount of income and want to invest in Bitcoin, you can start with a limited amount of discretionary income and continue for the long term.

You are free to keep all your money tied up in one currency or not because you should be solely responsible for managing your wealth. By diversifying, you are encouraging trading which makes an investor greedy, so he can fall into financial losses in the long term and lose wealth.

Regularly accumulating Bitcoin in the DCA method should be considered a great opportunity for investors because its value will continue to increase strongly in the future. Therefore, you should continue to hold Bitcoin by continuously accumulating Bitcoin without putting yourself in the confusing situation of diversifying your portfolio.