Wide diversification is only required when investors do not understand what they are doing.
Warren Buffett
After the last 3 days, you still believe in this quote? My other positions have gone up and will allow me to buy cheaper DRK.
+1. These days I am reminded how important it is to be invested in other coins too.
If I was into DRK only, it would feel like a 50% loss since the ATH...
but because of all the other coins it merely creates a 10% "dent" in my portfolio, but not more.
Hooray for diversification.
Fuck warren buffett, hasn't he made most of his fortune by lobbying government officials who then created favourable legislation for his businesses?
And people follow advice from such a statist?