How do you look at diversification? This kinda implies that it's a hospice care for a portfolio.
But is there a method to do it right from a Bitcoiners's perspective?
How do you look at diversification? This kinda implies that it's a hospice care for a portfolio.
But is there a method to do it right from a Bitcoiners's perspective?
At the risk of stating the obvious, diversification reduces volatility, as well as upside gains and downside losses. Diversification is generally not a strategy for those who understand how to invest well.
The world of financial planning, filled with “experts“ who want the largest amount of AUM as possible, thinks diversification is a fantastic strategy. They preach the virtues of diversification while focusing almost solely on acquiring new clients and growing total client assets.