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Diversify your portfolio... But not the way you think.

All Cryptocurrencies

by COINS NEWS 298 Views

Alright, I'm ready for the regular r/cc massive downvote, let's go.

Everywhere I see "you should diversify", "don't gamble all in one coin", et caetera.

The thing is, whatever coin you pick (if it's not just a hypecoin); the token is still in its infancy stage on the market; and will mostly follow blindly granddaddy bitcoin footsteps in his charts.

In ten another years, yeah, we might see charts going their own ways, but as for now, diversification won't do much for you. In the cryptosphere that is. You may aswell get someting that offers you some sort of stacking rewards while you're at it, if you're in for the long haul, with a project you believe in.

Now if you tell me that you got some stocks on the side; a pile of cash or precious metals, THAT is diversification, and doesn't follow the same old chart.

Making it 50/50 between two cryptos, or more, won't save you in the bear.

That's all I have to say for today. Bring on your guns, I am ready!

Have a nice day, in all cases :)

submitted by /u/Baka_Jaba
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