As a steadfast bullish supporter in the crypto circle, my stance has always been very clear—regardless of market conditions, my faith remains unwavering. However, from a trading perspective, there is a real issue that cannot be ignored: the entire crypto asset structure heavily relies on a dependency. Statistical data shows that over 95% of cryptocurrencies follow the trend of Bitcoin, with a clear high correlation. Under these circumstances, the so-called concept of diversified investment often remains superficial. Most traders believe they are engaging in diversified allocation, but in reality, they are still betting on the same direction. This market phenomenon is worth serious consideration for every participant.
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AirdropATM
· 10h ago
95% following the hype of Bitcoin, and still have the nerve to talk about diversified investment, hilarious.
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Isn't that just gambler's mentality? Just self-delusion.
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I've seen through this routine long ago; that's how the crypto world is.
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Exactly, everyone is just fooling themselves.
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The truth is harsh, I'm also such a sucker.
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AirdropBlackHole
· 10h ago
To be honest, it's just a vicious cycle. Everyone talks about diversifying risk, but in the end, we all get on and off together, so it makes no difference.
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MetaNomad
· 10h ago
95% following the hype of Bitcoin, how to diversify? To be honest, it's all about betting on one direction.
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SlowLearnerWang
· 10h ago
I've been diversifying my investments for three years, but I still end up bungee jumping with Bitcoin. Now that's true diversification!
As a steadfast bullish supporter in the crypto circle, my stance has always been very clear—regardless of market conditions, my faith remains unwavering. However, from a trading perspective, there is a real issue that cannot be ignored: the entire crypto asset structure heavily relies on a dependency. Statistical data shows that over 95% of cryptocurrencies follow the trend of Bitcoin, with a clear high correlation. Under these circumstances, the so-called concept of diversified investment often remains superficial. Most traders believe they are engaging in diversified allocation, but in reality, they are still betting on the same direction. This market phenomenon is worth serious consideration for every participant.