03-28-2022, 08:22 AM
anyone else abandon diversity overtime and just go all in on one coin or token?
<!-- SC_OFF --><div class="md"><p>I used to have a pretty diverse portfolio. I had Nano (converted all of it to eth before it just fell off of a cliff thankfully). I've had polkadot, ADA, chainlink, bitcoin, and even a bit of doge and some other stuff but overtime I have almost entirely consolidated everything into eth with a small amount of algo. Im done trying to bet on the little guys (not referring to bitcoin of course but the others). I will probably just hold my algo and only buy eth from now on. I just don't see a reason to diversify. The only coins I have confidence in are eth and bitcoin, everything else feels like a gamble. And if eth and bitcoin fall I assume the rest will and it would just be catastrophic for the entire market if it even exists anymore.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mra137"> /u/mra137 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tpy5c0/anyone_else_abandon_diversity_overtime_and_just/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tpy5c0/anyone_else_abandon_diversity_overtime_and_just/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I used to have a pretty diverse portfolio. I had Nano (converted all of it to eth before it just fell off of a cliff thankfully). I've had polkadot, ADA, chainlink, bitcoin, and even a bit of doge and some other stuff but overtime I have almost entirely consolidated everything into eth with a small amount of algo. Im done trying to bet on the little guys (not referring to bitcoin of course but the others). I will probably just hold my algo and only buy eth from now on. I just don't see a reason to diversify. The only coins I have confidence in are eth and bitcoin, everything else feels like a gamble. And if eth and bitcoin fall I assume the rest will and it would just be catastrophic for the entire market if it even exists anymore.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mra137"> /u/mra137 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tpy5c0/anyone_else_abandon_diversity_overtime_and_just/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tpy5c0/anyone_else_abandon_diversity_overtime_and_just/">[comments]</a></span>Kind Regards R