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RE: Crypto diversification isn't portfolio diversification
So true @weaselhouse! Being overweight anything can be a psychologically risky proposition, but especially if that something has already just finished a historic rally!
When things get expensive, the smart thing to do is SELL. Followed by buying something undervalued (preferably something that cashflows).
As Rick Rule says:
"When the ducks start quacking, feed them."
Summary of my whole post, right here!
Sadly many investors don't seem to realize this and continue to blindy HODL in the assumption that we're in some sort of never-ending bull market that will not see a correction.