This young man is right….50%
Diversify - Diversify - Capital allocation will be for large investment funds and billionaires. If you are still not financially independent, you should not care about Diversify
But diversifying what I mean here means investing in too many types of assets, like investing in crypto, investing in stocks, then gold, real estate,... that's not good.
Like me, 100% invested in Crypto. You can call it All-in
But like that young man, if you follow him, you will know that he idolizes Chainlink, and advises you to invest 100% in LINK. That's gambling, luck, gambling, not investing
Even being 100% all-in on Bitcoin is not good. As history has proven in every uptrend season, Bitcoin is not the coin that has increased the most, but altcoins. BTC will be safe for portfolios, but often altcoins will help generate Life Changing Profits
You may be an expert in technical analysis, an expert in physical analysis, but you cannot control the market. The only thing I can control in this market is CAPITAL CONTROL - RISK CONTROL.
In conclusion,
1, don't diversify into too many markets. Focus on 1 market that you understand the most.
2, don't go all-in on one project. Manage your capital and manage your risks.
What if all-in on 1 coin and it doesn't work out? What if it takes 5-10 years to succeed? You will miss many other opportunities, and spend a lot of time making that money again
