Diversification Among Cryptocurrency

9 ביולי 2021

Fast forward to May of 2019 and I had a good friend explain bitcoin to me and what was coming. During that summer I start stacking SATS. Buying bitcoin every week for a solid year. Even liquidating a very small part of my college fund to buy some. My average price from all this buying hovers around $12-17k. I don't really keep track because I believe this is a game of accumulation, not performance.

At the beginning of the spring, I was pretty happy with my bitcoin holdings, but I wanted to do more. So I transferred some $ BTC.X to $ ETH.X right before the run up to 4k. I started to view crypto like my stock portfolio, I never hold only one stock, so why would I hold only one crypto? So I started to diversify.