[AnimalMuppet]

That is terrible advice.

"Divide your fortune into seven, or even to eight, for you do not know what misfortune may occur on the earth." - Ecclesiastes 11:2

[xiphias]

Not worse advice than buying index funds which is strongly correlated to the globally connected over-leveraged bond market.

I'm not against diversification, but cryotocurrencies are a good non-correlating asset class