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graywolf / Gray Wolf
npub1dpf…9x05
2024-08-11 12:00:19
in reply to nevent1q…vual

graywolf on Nostr: I agree that Bitcoin is likely the best asset in the world, but what if it proves not ...

I agree that Bitcoin is likely the best asset in the world, but what if it proves not to be? Bitcoin is just software created and run by fallible humans after all (not too dissimilar to stocks which are claims to businesses run by humans). Going 100% into any one asset or asset class is risky. Diversification is one of the most important lessons we can take from investing. Buying 100% bitcoin may make you incredibly rich, but it may also make you incredibly poor. We can have faith and conviction that it will go up (like I do), but that doesn't change reality.
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