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everything else is just min-maxing some specific combination of stuff to maximize return, minimize volatility, and maintain necessary liquidity master the 01 before trying 01101001 01100001 01101101 01100001 01100011 01100001 01110100

the trap to avoid more and more nowadays is to have the inflationary low vol asset to be your PAYCHECK and the deflationary high vol asset to be your CAREER there are some exception fields like tech but overall this weights u too much in fiat land

it also correlates the two assets. it's like having stocks and bonds in a period when stocks and bonds go up and down together. this is also why the tech example above is an exception. in tech, skills are far more easily transferrable. ur "career" is like a docker container

basically, instead of looking too deep into things like btc, eth, dollars, yen, tsla, doge, spy, gld, etc... you first want to be able to make a clear distinction between "risky but grows" and "non-risky but slowly rots" by accepting that "non-risky and grows" does NOT exist

since crypto is prominent news here is a crypto example: all the different coins are NOISE. no matter how much u diversify or spray and pray or read whitepapers they are all correlated. no magical mix is going to get u "non-risky and grows"

understanding the basics would allow you to see that the only thing that is not correlated is a stablecoin or other cash(dollar) equivalent u would've noticed that b/c u were NOT actually making the growth/rot tradeoff ur efforts at the perfect portfolio was also NOISE