Not that you shouldn’t, but you need to at least be able to explain yourself. Are you diversifying to limit your risk through hedging? Are you diversifying to expose yourself to projects you believe — based on your own exhaustive research — have a higher upside than Bitcoin Cash or Bitcoin?
Those are great reasons.
Or are you diversifying because Coinbase offers three coins and, hell, why not buy all three, diversifying is supposed to be a generally good thing?
Maybe it’s time to pause and reflect. [Read more…] about “I’m thinking about diversifying from bitcoin…”