we are humans,we make mistakes. Give yourself place to be wrong at,diversify slightly,going all is a gamble,regardless on what you do it on.
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@YehudaDoggo Diversification is really just for people who don't know what's going to go up😂😂
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@Scorcer The thing is, nobody really knows what's going to go up☺️
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•@Scorcer do you have 100% accuracy rate in ANYTHING?100% success rate? Because we are humans and we make mistakes,we are not robots and it is completely fine,as long as we are aware of this.It is in our nature to make mistakes and study,it is in our nature to adjust.
There needs to be some concentration but too much is too risky+you yourself are not all in on bitcoin so according to your thinking,why aren't you all in on Bitcoin?
There needs to be some concentration but too much is too risky+you yourself are not all in on bitcoin so according to your thinking,why aren't you all in on Bitcoin?
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•@YehudaDoggo Don't worry, I'm definitely factoring my mistakes into my plans😂
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I mean,I do like your setup honestly,half all world and the other half into what you chose(bitcoin in your portfolio and in mine individual stocks).
I definitely think it is a better approach to it, you can be concentrated in only part of your portfolio and 50-50 is much better than all in.
I definitely think it is a better approach to it, you can be concentrated in only part of your portfolio and 50-50 is much better than all in.
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•@YehudaDoggo Of course, I was just kidding, haha 😂 That’s exactly what I was thinking when I decided to buy Bitcoin a week ago. Now the FOMO is slowly kicking in, and I keep crunching the numbers to figure out where I might be in a few years if I adjust the allocation 😂
Of course, it would be smarter to just leave the allocation as is for now. I’ll just keep thinking about it, do some more research, and look into different strategies. If I do end up changing anything, it’ll only be in a way that I can still stand behind—even if the investment doesn’t turn out as hoped in the end 👍
Of course, it would be smarter to just leave the allocation as is for now. I’ll just keep thinking about it, do some more research, and look into different strategies. If I do end up changing anything, it’ll only be in a way that I can still stand behind—even if the investment doesn’t turn out as hoped in the end 👍
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I don't really know bitcoin well enough to be truly bullish on it but I like your approach man.Good luck.
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•@YehudaDoggo Thank you so much—I wish you all the best, too💕
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