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/biz/ - Business & Finance

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18122346 No.18122346 [Reply] [Original]

It honestly kind of worries me how much devotion some people have to one particular crypto currency. You should be in multiple prospective coins rather than putting all your eggs into one basket.

>> No.18122358

I have like 6 different coins

>> No.18122377

>>18122346
ha ha ha, yea i have spread my 10K over multiple coins, stocks and bonds.. better safe than sorry.

>> No.18122521

>>18122346
yeah i'm down over 90% but I'm glad I'm diversified in stellar, burst, verge, dogecoin, bitcoin, ethereum, ethereum classic, bitcoin cash, bitcoin sv, electric coin, solar coin, titcoin, whorecoin, porn coin, turtle coin and vegetable coin. feels good being diversified.

>> No.18122543

>>18122346
Imagine posting on /biz/ in 2020 and still believing in the diversified crypto portfolio meme

>> No.18122673

>>18122346
Ask yourself: would you load a gun with all sorts of different caliber bullets, or would you not rather ise the same caliber

>> No.18122726
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18122726

>>18122346
I solved this issue by putting my Links in 3 different wallets and 2 exchanges !
Thus I put my eggs in different "baskets".

>> No.18122738

>>18122521
Diversified doesn’t mean invest in literally everything.
>>18122543
Imagine putting all your savings in one(1) coin
>>18122673
If each particular type of bullet had a decent chance to stop working entirely than I’d rather have multiple different types yes.

>> No.18122750

>>18122726
Listen I like LINK, it’s part of my portfolio, but you should at least have a little XRP

>> No.18122799

>>18122346
How'd "DiVeRsiFiCaTioN" go for all you non-LINK faggots in 2018? Oh right, EVERYBODY except us lost 90%, then LINK 20x'd.

Right.

That said, I shaved off half my LINK stack for ARPA above $4. Comfy as hell now.

>> No.18122818

For its the chainlink

>> No.18123173

>>18122750
"Listen, I like gin, it's part of my daily intake, but you should at least add a little cum."
That's you.

>> No.18123206

>>18122673
Would you only own 1 caliber gun? You are fucking retarded and your analogy is shit

>> No.18124660
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18124660

Diversification is a meme made up by brokers to avoid lawsuits. So if the portfolios they're managing go to shit they can blame it on "the economy" or external circumstances instead of the choices they took for you.

>> No.18124711

Everything moves with bitcoin, and bitcoin is the one thing that your grandmother knows about.

It's safer not to diversify.