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Diversification as a protection tool is because you never know which of your fiat investments is really a rug pull

Diversification = participation trophy invented by species who doesn’t recognize predators Selection = how all biological beings actually work. Losers don’t make it. Choose wisely

Diversification is for Shitcoiners Hodl the best worry less

Diversification is often used when talking about investments. Money is not an investment. Money is a store of time and energy.

I heard Warren Buffet once say that diversification is a strategy to counter not specializing. I you specialize in one branche, product or service you should be able to make well informed decisions within that to counter risk, compared to knowing a bit about many thing and spreading out. I think he ...

I moved 100% of my pension funds into self custody #bitcoin… Before I did it I was concerned about doing it, I was in one of the best performing managed funds in Australia (8.76% CAGR last 10yrs) they are ‘professionals’. They have an international team of more than 100 fund managers the CIO ...

*should*, until your spouse wants a patio and doesn't give a fuck about bitcoin if its not making them happy.

ThisIsAwesome!

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Under uncertainty diversification is a good strategy. When you have truth just not. Bitcoin = math = truth

Bitcoin is diversification enough for me

I had not previously thought of diversification like this but now that I read it, it seems obvious. This is another helpful way of understanding and clearly stating fiat's *financialization of everything* effect #[0]