Quote from: luckyspirit on Today at 02:55:53 PM

Quote from: passwordnow on Today at 09:56:12 AM

Quote from: kyman1 on August 10, 2025, 01:12:21 PM

We saw when the market went bear for a few weeks/months, altcoins, AI coins, etc., went from an $800M market cap to $100M very easily.
What are some strategies you use, especially if you are a successful veteran? What type of diversification do you use?

Don't diversify a lot, it's best for you to have some focused cryptos that you're going to hold and invest with. People think that the more choice of your diversification is going to be good, not at all times. Too much of it can cause you a lot of problems in the long run and will lose the balance of your portfolio. Even holding BTC and ETH will suffice the trick but others choose to get into many, as many as they can.

Sadly people don't understand strategies and have limited thinking. They hear the old don't put all your eggs in a single basket thing and instantly think that it is the best strategy ever that could never go wrong. Then the person proceeds to diversify from 100% BTC and ETH, into 10% BTC and ETH, 90% random shitcoins which all end up doing a a -99%. Cheesy

The fact of the matter is that there are way too many coins and tokens out there now. This means that the chance that someone will lose money has increased massively. The more you diversify the higher the chance that everything you have will go bust. Stop chasing new narratives, stop reinventing the wheel. BTC primary, ETH small secondary, and small amounts to capital to gamble in new opportunities.

It's still a good strategy after all. It has never gone wrong to put most that they have to BTC and if they want to really diversify then it's holding ETH that should come next. But little did they know, if they are going to diversify even more, the balance wil be gone on that portfolio. They're making a huge mistake and you're right about that. There are more altcoins now and the choice is becoming harder for them because they're too confused of what altcoins that they have to diversify with. But we say, they don't have to diversify a lot and go with the traditional holding of these known cryptos in the market and so that they don't have to think a lot about it.