Let's some talk about protfolio management!

[joniboini]

If you want to put your money into bitcoin AND some alts, that is not enough neither, because when bitcoin goes down almost all alts go down as well, and if it bitcoin goes up almost all coins go up as well, there is rarely any difference, it is not enough at all, yet it is at least bare bottom what you can do, better than only having just bitcoin because that is riskier.

I think diversifying with alts is riskier than just holding some bitcoin. If bitcoin got bearish, say, got -10% a day, most alts would suffer more than that, and it might take a while for them to recover. Prolly longer than bitcoin to recover itself. You'd better hold bitcoin only if you want to avoid the risk and only go that way if you want to 'gamble' with some alts, hoping they could net you 2-3x in the next few months.

A better diversification would be crypto and other assets if the target is avoiding risk with moderate gains as the target.

[1715048561]

1715048561

[Rulelies]

When the farmer has also observed that some parts of the land are more fertile than other parts, he tends to sow more on the fertile part.  In other words its best to invest more in promising coins.

[LbtalkL]

You have quite a good example impressive comparing it to farmers and seed  That is a common newbie mistake to invest in bad seed, I was once in that situation before, I keep holding it I was hoping it will bounce back until it reaches no value at all. What a big mistake, regrets, and disappointment. But I consider it as a lesson now I only select few coins it is not necessary to divide your asset you can invest in one asset like bitcoin it is the safest investment in cryptocurrency.