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Anonymous
extreme diversification 2017-07-10 04:09:09 Post No. 2745570
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extreme diversification 2017-07-10 04:09:09 Post No. 2745570
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I saw this link earlier today in some other thread, but I don't remember which and now I can't find it.
https://steemit.com/cryptocurrency/@ashr/diversification-case-study-usd100-on-each-of-top-100-a-year-ago
I'm actually planning on doing something like this, minus a few exceptions of course.
I already have about 5K in the coins I believe in and am thinking about putting another 5K on a large number of shitcoins, 50-100 each.
I'm a brainlet who could make it only by hodling, so this seems like a good idea.
Any thoughts?
>>
>>2745570
I was also planning to do this but here's why:
>don't want to spend time researching
>want to set and forget
>realise I'm gambling, am fine with losing all the money
>>
from a year ago it grew 10 times which is possible to happen again but:
1 - it will take longer
2 - the top coins are now comparable in price to other stuff in finance (won't grow as much)
I believe the road to the trillions will be made mainly by bitcoin and a few select others and the rest in the top 100 will most likely grow a bit in the next years.
At this point if I were you I would just buy bitcoin. You can buy 2-4 bitcoin which is a bit less than a millionth of the total supply, still a huge number
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