As for me, I am also focusing most of my assets on crypto because like I said, I want high returns. There will be risks but I am willing to start over if my bitcoin investment fails. I really see the upcoming halving or bull season as my biggest opportunity and I don't want to miss it.
I also like high returns, despite of not having much in other assets, I've discovered it years ago that if you hold for a long time in crypto. The risk is higher so the gain is. But we're not on the losing side if the crypto asset you own is BTC.It's fair to say bitcoin is still riskier when compared to gold or real estate but the returns we can get from it are worth the risks we face. So I don't think it's too much of a risk thinking about the rewards we'll get. Diversifying with other assets is actually not bad, even very good, but that is only for people who are already rich and they need safety rather than profit. But for poor people like us, if we want to succeed, we need to make trade-offs and accept more risks.
When you diversify, you have the thought of what you're going to do and you have a base knowledge about it because if you don't have. You're like the other investors that don't do a lot because they're too focused in profiting in short term.
While on this strategy, you're more on the long term and you gotta love the process.
