Nostr

Well done you 🤙🏼

I have only a few left now, sold BNB with 45% profit, but everything else is down badly, so will wait a bit more..

There’s a cool and simple analysis by BTC Sessions where he calculates the 5-year or 10-year profit of a hypothetical $10k shitcoin hype portfolio vs. a pure bitcoin stack of the same value. And the results are extremely not in favor of the shitcoin 😂

Profit is, of course, not the only reason to buy bitcoin. But his calculation illustrates how all cryptocurrencies devalue over time in relation to bitcoin.

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Discussion

₿lock 421⚡💎🙌🏼 2y ago

when I was young I have been told to diversify my portfolio, which I did with a handful of altcoins ...

then I learned my lesson, bitcoin is the one and only and now those Shitcoins get sold off!

luckily I never had more than 11% shitcoin, this number is now down to less than 6% ✌🏼

Maxim 2y ago

Bitcoin, gold, property (if affordable), some cash (so that only you own it, not the bank). Sounds like decent diversification to me 😉

₿lock 421⚡💎🙌🏼 2y ago

on the case 😉