RE: Notice to my viewers - Sold 1/2 my STEEM for Diversifying

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Notice to my viewers - Sold 1/2 my STEEM for Diversifying

in crypto-investor •  7 years ago  (edited)

No I agree, that's why I still own 50%. Having all your eggs in one basket is a bad investment strategy. Doesn't matter how decent the investment is. Steem should be much higher next year and I am looking forward to it.

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It's all about risk management. A smaller, but safer profit is sometimes preferable to huge returns - huge risk scenario. Keep in mind, he's talking about 300% profit(!!). I'm having a hard time thinking of other investements outside the crypto space that offer those kind of returns.