Replying to Avatar Seth Michael Steele

The act of diversifying your portfolio has been a controversial topic in the investment industry for a while, and I’m starting to see it as a more prevalent suggestion in the #Bitcoin  community, especially as the market starts to stagnate after this past rally.

My takes on diversification:

-it is selling the winner for the losers

-it’s easy to spread yourself too thin…no risk = no reward

-it takes more time and effort to track all of your different investments

-I have heard millionaires prioritize diversity while billionaires prioritize concentration, but I’m not sure how valid this point is.

I know everyone is different, but I sleep like a baby knowing I’m all in on #BTC .

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Not my name 2y ago

No diversification. Only Bitcoin.

Everything else is Fiat by another name.

Fiat is the enemy.

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