Diversifying a little bit into some other deflationary hard assets might not be a bad thing along the way. But what most people don't understand is that holding out for longer can reap enormous upside for bitcoin, so diversifying too soon can feel like a big mistake.
For example, why convert 20 bitcoins for a $86K piece of property now, when you might be able to do that for as little as 2 bitcoins just 5 years from now? Five years from now that property is not going to cost much more, if any more. Of course no one knows the future of the market, but the upside potential with bitcoin is unbelievable. Holding out on diversifying reaps crazy rewards.
I know what you mean Torque as a few have said the same to me, yet if I want crazy rewards then bitcoin seems to be the best investment of all. The trouble is all of our eggs are in the one BTC basket. If (God forbid) it tanks to nothing then we have no other asset to fall back on.
problem is, I just can't bring myself to part with any of it to diversify with!!