Diversification isn't in itself always the best strategy.
Bitcoin is the most decentralised asset by its nature. Diversification into other monetary assets achieves another kind of decentralization but in a way that doesn't maintain purchasing power like storing wealth in bitcoin alone.
That said, you're in India, right? I have heard lots of people store (and presumably use) gold in India so it might be strategic for you to also have some gold as another way around using fiat (especially the Indian CBDC) until BTC catches on more.
Virtus
npub1xg…7ryqf
2025-05-03 17:43:45
in reply to nevent1q…lmgf
Author Public Key
npub1xg4gy7ejunxhrysrqw8apsj4fhuvjw63l9f6x76crl9sx6wp6qmsn7ryqfPublished at
2025-05-03 17:43:45Event JSON
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"content": "Diversification isn't in itself always the best strategy. \n\nBitcoin is the most decentralised asset by its nature. Diversification into other monetary assets achieves another kind of decentralization but in a way that doesn't maintain purchasing power like storing wealth in bitcoin alone.\n\nThat said, you're in India, right? I have heard lots of people store (and presumably use) gold in India so it might be strategic for you to also have some gold as another way around using fiat (especially the Indian CBDC) until BTC catches on more. ",
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