I read about diversification on investopedia, so I diversified my bitcoin holdings with ethereum, ripple, verge, bolvars, turkish lira, and weimar republic deutchmarks.
I ran 10,000 monte carlos and my diversified portfolio sits right at the efficient frontier with an optimal sharpe ratio.
^ this is what they teach you in business school
@nic That advice sits on the bookshelf at the former #LTCM offices. Kings of the "mean reversion" theory that nearly blew up the financial system (again). Conventional wisdom doesn't give an edge, but you knew that already.
A mastodon instance for Bitcoin Maximalists.
No scams, no shitcoin, no impersonation, no begging, and no illegal content.
Keep it civil and we should all survive :)