Farcaster

Looking for genuine/thoughtful responses 🙏

Assuming you agree with the two statements below:
1. I can’t time markets
2. I’ve made many mistakes buying/selling  specific coins

What’s stopping you, today, from holding a diversified basket/index of the crypto market and holding it forever?

And yes, it exists.

builder Universal and @alongside (alongside.xyz) — Casts that won’t put you to sleep — come /donothing with us

I also made a lot of money buying/selling specific coins, significantly outperforming diversified basket

Building @kiwi 
Writing @ https://kanfa.macbudkowski.com/

That’s awesome and congrats! But the problem lies in the majority thinking they can do the same and ultimately losing out

fwiw I think I might also ultimately lose out doing that, that's why I am going to rebalance portfolio a bit :)

Typically 80% of my portfolio is in ETH plus 5-10% smaller bets on legit projects.

The problem is that when you pick the right coin and it pumps 10X-100X, rebalancing portfolio in real time might result in lower gains. Ofc you can round trip it as well

so that’s what I’d love to unpack. Wouldn’t the rational thing to do is hold the market with a big chunk of your portfolio? Why do you think you prefer not to?