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5888216 No.5888216 [Reply] [Original]

I am poor and I have 1k dollars in 10 different coins. Why is diversity a bad thing?

>> No.5888556

because

>> No.5888651

Do you want to stay poor? It's 2018 EOTY and you only made $4k, whereas you could've made $100k by going all in on guaranteed winners.

>> No.5888693
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5888693

>> No.5888725

>>5888651

the problem is that there are no guaranteed winners. Going all in is just a gamble, isn’t it?

>> No.5888761
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5888761

>>5888651
You have an opportunity to make exponential gains every single day and you are even considering diversifying, potentially creating a zero sum portfolio?

>> No.5888797
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5888797

Keep lurking and you'll noticed the trend.

>> No.5888818

>>5888761
Unless you have a crystal ball to tell you what the winners are, you diversify.

>> No.5888932
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5888932

>>5888818
>tfw you have a crystal ball

You don't need a crystal ball you just need to learn how to follow the money, the trends, the hype.

>> No.5888978

>>5888932
what if you catch a bad trend?

>> No.5888989

>>5888932
Every single trade and leap was because of an all in decision. There's probably 20 different all ins on that graph.

>> No.5889063

>>5888978

Then you cut your losses or get rekt like I did a couple times as you can see! But what's just as important as finding a good coin is finding a goof entry!

>> No.5889091

>>5888932

how did it feel to fall from 25k to 10k?

>> No.5889202
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5889202

>>5888216
If you can't explain what a coin does to the average person, you have no right holding it. Are you that confidant in your picks, OP?

>> No.5889203

>>5888932
I'm all in in Ardor which fucking bittrex blocked
Just kill me, missing all this moons AAAaaaaa

>> No.5889298

>>5888978
This triggers the all inner cucks

>> No.5889322

>>5889063
I’m holding XRP, TRX, ETH, FUN, XLM, ADA, DBC, LINK, ELIX and REQ, because all of them seemed like a good entry and I just couldn’t decide.

>> No.5889330

>Diversification

buy UFR and be rich

or

buy an ETF like the jews want you to :^)

Read the whitepaper you'll be rich my dude

>> No.5889470

most people will shill you shit coins that are risky. Even the safe cryptos will give you massive gains compared to anything else. I would suggest:

50% ETH
30% NEO
10% VET
10% REQ

>> No.5889589

>>5889298
thats why you set stop losses on your all ins. this triggers the no stoploss cucks

>> No.5889625

>>5889322
they are all good but you could reduce your diversification by dropping coins outside of the ethereum platform

trust the money skelly

>> No.5889935

>>5889625

what is bad about coins outside the ethereum platform?

>> No.5889968

Diversity is our strength! Diversity is what makes the middle east so peaceful!

>> No.5890043

>>5888693
anon that pic hit me hard

>> No.5890071

Diversify but don't overdiversity. Your strategy from 1k to 10k should be chasing moons. If you make the right calls this shouldn't take longer than a month. Then diversify into 3-5 coins.

>> No.5890248

If you pick non-scam coins, every coin has it's day. Go all in 1k after researching. Pick the one with a lot of talk, short term road map events etc. and GOOD RUMORS.

Try to get like 2x then go all in on the next coin you've researched as above.

>> No.5890294

>>5890043
then you're retarded