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by franciscop 1652 days ago
No one knows if the next crash is gonna happen tomorrow or in 10 years (HN in fact has been predicting it "soon" for the last 5 years). Or whether it's gonna be a small one (so you might buy too late, already on the way up) or a deep one (so you might buy too early, and then have all the issues of the crash anyway).

In fact if you put half now (not expecting a crash) and hold half (expecting a crash), you are basically bidding against yourself. Diversify in different asset types, not in different horse numbers in a race.

1 comments

It’s like playing roulette and betting on every single space