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/biz/ is it possible to be too diversified?
i bought 1.8 btc back in august for £1100ish but I only started trading them against alts a few weeks ago. made some mistakes which was basically having weak babby hands but i think i've learned my lesson and now have hands of carbon nanotubules maintained by a self replicating swarm of nanites for maximum hodl.
feels like i'm playing it safe at the moment, by only having 0.1 btc in anything if it crashes i've not lost too much but if it moons i only get minimal gains.
what'd be a good total to get to where i could realistically think of putting 1 btc into something that then goes 4x-5x? i'm currently up to 3.1btc (which represents a 6x increase in fiat since I bought in).
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>>2298066
Well the whole point of diversification is that you don't know which coins will moon so by spreading your principal out you can at least still benefit by a general mooning of the whole market. Swinging for the fence is tempting but I think nobody really knows where all this is going so your 1 or 2 coins could crash
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>>2298066
>no Ark
>no Blocknet
>no Cloak
anon watcha doin
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>>2298220
they're all kinda near ATH, though I have looked at them all. Might wait for a dip and get in on Ark.
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>>2298198
My sensible head says you're right and getting 10% increases on 20 coins week on week is the slow but steady way to increase returns.
but then you see blockfolios of anons with > 150k and jealousy strikes. i want my lambo!!
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