Similar to when you finally find a word to describe something that you have been doing for a while, but were unable to describe as you did not know what it was called. This is what this article has done for me. I heavily invested in ETH from the start of my crypto journey one year ago. Then as it gained value I sold out and diversified into many different coins, often buying and trading coins, only after reading short articles, or viewing a chart and seeing possible room for growth. About one month ago I realized that I knew very little about many of the currencies that I was investing in, breaking my number one rule, "Do not invest in something that you don't know, or understand." At the same time, I had rediscovered Steem. I now hold very little in other cryptos and most in Steem and Ethereum, which I know the most about and use the most. Thanks for another great article. BTW, Vaporwaver f***ing rocks!
I sold a couple hundred ethers for steem when it was 2 bucks - somehow regretted that move since ether mooned quite hard after, but i guess its okay, I'll take the latent value of the currency as we build it. Been diversifying a couple btcs here and there especially for index coins like TaaS, BCAP, Ethereum rivals like Lisk, and recently on some IOTA too, using the 80% 20% rule for my holdings. Thanks, share out the music!
https://en.wikipedia.org/wiki/Pareto_principle - Needed to a reminder of the 80/20 rule. IOTA has some very interesting capabilities. Plus, Bill tends to be right on things! Just saying.
80/20 rule rules! It works in almost all aspects of life. With only 20% of the effort you can usually get 80% or more of the result.
One thing we know for sure - It's Hard to not keep all Eggs in one bakset, when an opportunity like Steem comes along!
when there's enough people then it'll be quite safe :) but still, dont go 100% lol
hey my friend , Follow me back , thank you
Wavi