🦁 Don't build a Zoo with $1,000.
I see portfolios of followers with $500 split into 30 different coins.
"It's for diversification, Yoel". No, that's "Di-worse-ification".
If you have little capital (less than $5k), excessive diversification is your enemy.
If one of your 30 coins does a x10, but you only had $10 invested... you made $90. It doesn't change your life.
My rule:
Building Phase (Little capital): Concentration (3-5 high conviction coins).
Wealth Phase (Much capital): Diversification (Protect what you've gained).
Stop collecting coins like they're pokemons. Bet big on your winners. $BTC
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