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/biz/ - Business & Finance

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21812036 No.21812036 [Reply] [Original]

>diversifying doesn't work if you diversify in shitcoins
why didn't anyone tell me this??

>> No.21812110

>>21812036
Of course it does

>> No.21812537

>>21812110
so diversification also helps with bonds, if you buy different maturities?

>> No.21812606

crypto as a an assetclass is highly risky.
I'd go maximum 10% crypto in my portfolio.

Right now I'm at zero and comfy but might buy some in the future.

>> No.21813238

>>21812036
all shitcoins dump when btc either does a mega pump or dump, but not all of them pump at the same time they have their own rumors and announcements so it makes sense to diversify

>> No.21813256

people who say don't diversify will eventually lose it all. link, FTM, akro, rsr, oxt, xrp, xlm

>> No.21813294

>>21813256
I'm all in link since over 2 years, ,& seems to be working out so far

>> No.21813308

>>21812036
if you're a swingie god you can just bet with your entire stack
but if you make mistakes it will ruin you

>> No.21813321

>>21812606
I'm almost all in, this is it, baby, woooo!!!!

>> No.21813330

>>21812036
I only have three coins now, BTC, ETH and ADA

>>21812606
it's like 70% of my portfolio, I'm getting more into stocks now though

>> No.21813361

>>21813294
when it hits another ATH, take some of ur gains and swish it into solid projects. might be a dissapointment or it might be a blessing. mines a bit of a blessing right now

>> No.21813437

>>21813256
>"diversifying" but inside the same market niche
cringe

>> No.21813597

>>21813437
coke and pepsi both sell so do xbax and gaystation

>> No.21813666

>>21813361
which projects are more solid than link, and have a higher usage of the token than trading?

>> No.21813718
File: 281 KB, 1280x798, ORN-token.png [View same] [iqdb] [saucenao] [google]
21813718

>>21813666
ORN - orionprotocol.io

>> No.21813720

>>21813666
BZRX seems 99% solid so long as they don't fuck up. Smaller ones would be Akro which uses link oracles and has been in development for a couple of years now, or fantom which possibly might have moves being made with pharma companies in dubai and afganistan

>> No.21813765

>>21813597
the absolute state of biz....
these kinds of post reminds me we are dealing with retards here

>> No.21813841

>>21813765
fuck you

>> No.21813913

>>21813666
$NXM

DeFi insurance.

Token used to fund a capital pool for payouts, mutual members can vote on claims, and earn stalking rewards. Lots of utility, and the value of the token is directly tied to the usage of the platform

>> No.21813963

Diversification does not work on correlated assets.

>> No.21813981

>>21812036
There/'s like 5 decent coins.
Not much to diversify.
As long as you have LINK/RSR/AVAX you're good.
PNK is also alright if you bought early, though it looks like it's time to exit this position.
ETH/BCH are obviously also legit but don't expect them to moon so only hold them for gas fees and purse.io.

>> No.21813994

>>21812606
Only go 1% in crypto and take out all th e gains you made

>> No.21814067

>>21813994
I used AAVE to borrow USDT and buy more LINK. So technically I'm over 100% in crypto.

>> No.21814076

>>21812036
The diversification meme costed me about 8k link

>> No.21814087

>>21813994
thanks kind stranger! I put 100 dollars on bitcoin to avoid risk. We all gonna make it, we are in this together.

- John Cuckholm

>> No.21814105

>>21812036
Diversify into lowcaps with a lot of hype

Easy way to turn $500 investments into $5k and then you just move them around again or you can buy more safe coins with your gains

>> No.21814120

>>21812036
shotgunning shitcoins isnt bad as long as you put at least some effort into making sure they arent garbage. i have like 4 shitcoins im in right now, i dont really even check how 3 of them are doing very often because 1 is performing exceptionally and easily covers gains on the other ones as well, so if they dont turn out to have been good ideas i dont really care.

>> No.21814121

>>21812606
kek i have like 90% of my networth if not more in crypto and I couldn't be more comfy

>> No.21815031 [DELETED] 

>>21812036
Tards that think they are diversify don't understand the word. they are simply using the basket principal. Newfags will argue

>> No.21815064

Tards that think they are diversifying don't understand the word. they are simply using the basket principal. Newfags will argue