Is diversifying a real thing?
Hey lads was having a chat with my father about investing in crypto and he said to follow modern portfolio theory but Crypto is not traditional finance and most ( if not all coins) are bitcoin correlated so is diversification in crypto a real thing? Is btc the beta? (Like how S&P 500 is for U.S financial markets) Is going all in on btc smart or is having majority in btc and some in other coins a smart move? What's your thoughts on this matter? submitted by /u/HovercraftAccurate68 [link] [comments]
Hey lads was having a chat with my father about investing in crypto and he said to follow modern portfolio theory but Crypto is not traditional finance and most ( if not all coins) are bitcoin correlated so is diversification in crypto a real thing?
Is btc the beta? (Like how S&P 500 is for U.S financial markets)
Is going all in on btc smart or is having majority in btc and some in other coins a smart move?
What's your thoughts on this matter?
[link] [comments]
