Earlier yesterday (7th), Alex, an author with over 110,000 followers on the social platform
After Bill Gates became friends with Warren Buffett, he began to diversify his portfolio and sold Microsoft stock.
Bill Gates is worth $138 billion today and would be $1.33 trillion if he hadn't diversified.
Be cautious about diversity and the friends who recommend it.
Buterin expressed his objection and gave four investment suggestions
Alex’s argument triggered a lot of discussion. It is worth noting that even Vitalik Buterin, co-founder of Ethereum, objected to this argument: “ This is a bad (financial) suggestion. ” At the same time, Buterin also provided some suggestions that he thought were useful. Helpful financial advice:
* Portfolio diversification is a good thing.
* Save until you can cover your expenses for many years, and financial security is freedom.
* Stay calm with most of your portfolio.
* Don't use more than 2x leverage, never.
How did netizens respond?
Although Buterin’s suggestions are insightful for the investment field, for crypto investors who are accustomed to violent fluctuations and high leverage, his suggestions seem a bit conservative. Some netizens responded:
This is good advice if you're already a millionaire. But these do not apply to those who want to get rich.
