[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 152 KB, 741x568, 1502850209140.jpg [View same] [iqdb] [saucenao] [google]
3738356 No.3738356 [Reply] [Original]

What does /biz/ think about reverse diversification?

Last week I had a portfolio with 10 or 11 coins valued at around $1400 only. But after this ODN rise, my portfolio is worth around 1BTC. Is it time I cut out all the coins I have only around ~<$200 invested in and just invest all the money into 3-4 coins? Maybe like $1k into 3 coins each that I really believe in and 1 shitcoin.

A sort of reverse diversification, if you would call it that.

Does /biz/ think this is a better strategy?

>> No.3738381

diversification is a myth

i go all in 100x leverage on shitcoins to maximize my gainz

>> No.3738408

>>3738356
Sounds good, keep some in BTC though

>> No.3738486

>>3738408
right, well I have my ETH/BTC reserves thats separate from my trading portfolio that I don't touch.

So pretty much it's agreed upon that the higher gains of bigger trade positions outweigh the higher risks?

>> No.3738584

>>3738356
Do what you want.. You can win long term with both.

On the one hand, having it spread can be good IF you consistently sell at 10-15% rises. Steady gains, but if one of your coins goes up 40% you will be mad at yourself because you could have made so much more.

Follow your head, not your heart.