It's funny because many people feel like they don't want to spread themselves too thin by diversifying too much. It's a fine line you need to walk.
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It's funny because many people feel like they don't want to spread themselves too thin by diversifying too much. It's a fine line you need to walk.
Right, I get that feeling. I definitely have coins that I am stacking up in mass like Hive. My version of diversifying is really taking a small percentage of my total and spreading it around on projects that I am not too sure about. That way if they rug pull or turn out to be garbage it's no big loss.
Yeah, I have some tokens on Coinbase that I dollar cost average into each month. BTC is the big one, but then I put $20 a piece into five or six other tokens just in case. I've built up a pretty decent stack by now.