Traditional investment philosophy for cryptocurrency.

"Traditional investing wisdom" is usually a flavor of this: you don't know exactly which stocks will go up, and you don't know when they will go up, so buy a broad and diversified selection of many worthy stocks and sit tight - let the inevitable upward march of the markets do the rest for you.I won't make a statement about stocks here, but I think that cryptocurrency is definitely in a similar position: I believe (and I would bet that you do too) that cryptocurrency is here to stay. There is no future where this fundamentally better form of money dies out.Once early humans invented language or religion, it could not simply die out due to lack of interest; that's not how these cultural organisms work - an idea this groundbreaking will continue to evolve until it finds its 'aha' moment and devours everything.So we need to accept that cryptocurrency will continue to grow and expand... But perhaps it's folly to put all our eggs in one basket as 'investors' and savers. A diversified approach is needed, even though there aren't many assets worth holding.All of one's eggs should not be all in Bitcoin, nor Monero, nor any other single blockchain. If you are confident that crypto will succeed, spread your play money among projects that represent the cutting edge of technology in the realm.Personally I hold Bitcoin, Monero, and Aeon. But additionally, I think Ethereum, Boolberry, Litecoin, and even yes: Dogecoin all have some small merit of worth.So for those of you who hold only Bitcoin and are considering adopting a few other cryptos to hedge your position (among these nasty and turbulent blocksize/fork debates) then I think it is very prudent to send some of your wealth into other technologically promising projects. Some of the Cryptonote siblings would be a good choice, for example.And for those of you who only hold a single altcoin, remember how frustrating it was watching Bitcoin skyrocket at the end of 2015 while yours likely stagnated? This isn't an ideological war, and there is a future where both of these blockchains have rosy futures - it makes sense to own some of both, even if the ultra-early Bitcoin gains are gone.So resist the urge to go 'all-in' on your favorite crypto-asset hoping for a single moon shot. This early in the game, a broad mix of major currencies will still ensure you become part of the new 0.1%, easily. Just stay away from those with obviously flawed distribution methods... No need to hedge your bets with scams like Dash and Vanillacoin. via /r/CryptoCurrency http://bit.ly/23dB6h2