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I guess diversification is for losers, then? Even if Bitcoin were the best investment out there, putting all of one's savings into one asset is gambling. If on
by notacoward 6y ago
I guess diversification is for losers, then?
Even if Bitcoin were the best investment out there, putting all of one's savings into one asset is gambling. If one has financial responsibility to/for others (e.g. dependents or clients) it's malfeasance. Even the people with the very best ability to predict the future hedge those bets.