You are viewing a single comment's thread from:

RE: 8 Digital Currency Exchanges with USD to Bitcoin!

in #bitcoin7 years ago

That's a nice way to oversimplify the concept for people to understand the concept of risk mitigation and diversification.

I'd like to add a little bit more information to what Jerry has already mentioned in his article.

With overcomplicating your investment strategy, comes a lot of work - and a lot of time. Be wise to add those factors into consideration. You cannot fully micromanage a portfolio composed of over 150+ cryptocurrencies. Or worse, a portfolio comprised of 150+ different assets involving stocks, bonds, funds, etfs, real estate, commodities, precious metals and cryptocurrencies.

That will distribute the risk, spread out the loss and gains, and will take a ton of time every single day.

Things will always be different in theory, and in execution. So, reconsider.

Coin Marketplace

STEEM 0.26
TRX 0.20
JST 0.038
BTC 95524.55
ETH 3592.87
USDT 1.00
SBD 3.78