Topic: Diversifying? - page 3. (Read 1395 times)
All that occur with the price moves of bitcoin is unexpected. This creates a way for the growth of bitcoin as well dropping downwards in no time. Based on such factors diversifying is the best way to have a stable living, same time with bitcoin we need a satisfactory mind else we cannot get the profit out of the same as the price keeps on growing regularly.
I bought my bitcoin a few years ago now. I was and am a believer, but the massive price increase has me worried that I am now overly invested in bitcoin.
It looks like I have 75% of my money in Bitcoin. Obviously it wasn't always like that, and it with the price rising so much recently, I find myself with a fair amount of money available for the first time in my life!
I know that Bitcointalk probably isn't the best place to ask this, but would you recommend diversifying and if so, in to what?
I was very happy when the price was $1000, but now it feels like I have enough that I could buy a flat or something. It used to be a speculative thing for me, I had invested what I could afford to lose, but now the price has risen so much that it could be easy come easy go, and the price falls back down to where it was last year.
Your strategy is well set for you. But you are putting too much money at risk. If in anytime in the future the price of bitcoin goes way down then it would be very hard to catch the break even point to reach the return of investment.
Quote
I had invested what I could afford to lose
Yes this is the good quality of yours which made you so successful and you never feared of loosing your money and then reached 75% mark. But remember you are in crypto world which could have all the possibilities, it may drop until it makes you zero or it may raise until you become millionaire. The point being you should divide your earnings into different investments to have it as your security.
Congratulations on your accomplishment. My advice is to invest it. I would keep some BTC, but I would also find the alt coins that have a bright future. Also, always consider real estate. Best of luck.
Huck
Huck
Diversification is smart. I'd go with
30% BTC
30% ETH
20% BCH
10% LTC
and 10% for some smaller alt coin projects that interest you
30% BTC
30% ETH
20% BCH
10% LTC
and 10% for some smaller alt coin projects that interest you
Hey mate you wont be losing on anything if you just hold and avoid selling at any price, you know there are some people who'd just keep holding for
A few years no matter how the price fluctuates in those years. I promised myself to hold at least 5 Bitcoins for 4 years and only sell if price hits above
$15000 you what that means? that means that I have invested my money for the period of 5 years and the trigger to sell is $15000. if most of the
People use the same strategy there will be no loss and regrets.
A few years no matter how the price fluctuates in those years. I promised myself to hold at least 5 Bitcoins for 4 years and only sell if price hits above
$15000 you what that means? that means that I have invested my money for the period of 5 years and the trigger to sell is $15000. if most of the
People use the same strategy there will be no loss and regrets.
That's a tough question. Some type of DRIP (dividend reinvestment plan) could work. At least there are documented cases of people earning enough using that strategy to eventually retire. I can't say I know of any good investments right now. The US stock market is doing well right now but if Trump was impeached, war broke out or something happened, it could easily swing in the opposite direction. There's danger and fear everywhere.
Of course diversifying doesn't have to be a grand strategy. There are people who diversify by buying things like big screen tv's, gaming consoles/computers and other electronic devices thinking they will hold their value better than a lot of things if a worst case scenario happens.
Of course diversifying doesn't have to be a grand strategy. There are people who diversify by buying things like big screen tv's, gaming consoles/computers and other electronic devices thinking they will hold their value better than a lot of things if a worst case scenario happens.
Bitcoin is a new way to invest and yes I was unexpected that bitcoin able reach this far and I'm feel regret because I'm sold most of my bits when value still $ 2000
But once bitcoin reach another record on this month, I'm getting convince myself to hold bitcoin as long as possible
But once bitcoin reach another record on this month, I'm getting convince myself to hold bitcoin as long as possible
What I suggest you is to constantly look for solid ICO projects.
In what known universe is that diversification? Bet your ridiculously speculative gains on something even more ridiculous and even more speculative?
Approximately 93% of my value is in crypto now. I don't have any plans to diversify in the slightest.
Can you tell me which investment in the world isn't speculative one? All so ever, the main motive of investment is to get capital gains over years. Do you invest for security or for adventure?
Now it is funny that the person whose 93% investment belongs to crypto referring idea to invest in new crypto to be ridiculous.
If you can't retire right now it's not enough, move some of your bitcoin to shitcoins, be very carefull and study those coins, don't lose your bitcoins trading shitcoins.
Diversification I believe is the best thing to do when it come to the issue of investment. Thank God you have made a lot of money from the growth in the market value of Bitcoin. I believe there are legitimate business opportunity in your area which you can invest your money since I don't have an idea of the country you leave to enable give you a concrete answer. Although investment in some projects at their ICO level can equally earn you good return.
I bought my bitcoin a few years ago now. I was and am a believer, but the massive price increase has me worried that I am now overly invested in bitcoin.
It looks like I have 75% of my money in Bitcoin. Obviously it wasn't always like that, and it with the price rising so much recently, I find myself with a fair amount of money available for the first time in my life!
I know that Bitcointalk probably isn't the best place to ask this, but would you recommend diversifying and if so, in to what?
I was very happy when the price was $1000, but now it feels like I have enough that I could buy a flat or something. It used to be a speculative thing for me, I had invested what I could afford to lose, but now the price has risen so much that it could be easy come easy go, and the price falls back down to where it was last year
It looks like I have 75% of my money in Bitcoin. Obviously it wasn't always like that, and it with the price rising so much recently, I find myself with a fair amount of money available for the first time in my life!
I know that Bitcointalk probably isn't the best place to ask this, but would you recommend diversifying and if so, in to what?
I was very happy when the price was $1000, but now it feels like I have enough that I could buy a flat or something. It used to be a speculative thing for me, I had invested what I could afford to lose, but now the price has risen so much that it could be easy come easy go, and the price falls back down to where it was last year
Diversifying for the sake of diversifying is meaningless
You should know the asset which you are going to put your money in. The only asset which is and will always be there and which you don't need to know any gory details of is gold. I refer to physical gold as gold bars and gold coins. So if you can't resist the urge, gold is a sure bet. It won't give you decent profits, and, in fact, it will likely give you no profits at all (at least, short to mid term), but you will never have to feel the pain of your wealth losing value
I am with you here and do own some precious metals. I have collected silver slowly over the last few years (starting at $17, so no big losses), mainly bullion, but some junk silver too.
I always thought it would be great to own some gold, and I have a few ounces now, which I am happy about.
I wouldn't be scared holding lots of PMs, except for possibly missing out if Bitcoin does go to $10k or even more.
That way you're taking advantage from those price drops.
I'm don't mean that you should become a day trader, only sell & rebuy when you notice big price movements.
You can also follow a few people who do chart analysis and compare their results to get a somewhat correct view of the charts.
I know this is fairly risky, but as with anything: no risk, no gains.
If I knew when the price was going to fall or rise, then I would happily trade like that!
I live in Germany and have held my bitcoin for longer than 1 year, meaning that profits are now tax free.
If I sell and rebuy, I would have to wait 1 year before being able to sell tax free again. I want to stay away from the tax man as much as possible!
I bought my bitcoin a few years ago now. I was and am a believer, but the massive price increase has me worried that I am now overly invested in bitcoin.
It looks like I have 75% of my money in Bitcoin. Obviously it wasn't always like that, and it with the price rising so much recently, I find myself with a fair amount of money available for the first time in my life!
I know that Bitcointalk probably isn't the best place to ask this, but would you recommend diversifying and if so, in to what?
I was very happy when the price was $1000, but now it feels like I have enough that I could buy a flat or something. It used to be a speculative thing for me, I had invested what I could afford to lose, but now the price has risen so much that it could be easy come easy go, and the price falls back down to where it was last year
It looks like I have 75% of my money in Bitcoin. Obviously it wasn't always like that, and it with the price rising so much recently, I find myself with a fair amount of money available for the first time in my life!
I know that Bitcointalk probably isn't the best place to ask this, but would you recommend diversifying and if so, in to what?
I was very happy when the price was $1000, but now it feels like I have enough that I could buy a flat or something. It used to be a speculative thing for me, I had invested what I could afford to lose, but now the price has risen so much that it could be easy come easy go, and the price falls back down to where it was last year
Diversifying for the sake of diversifying is meaningless
You should know the asset which you are going to put your money in. The only asset which is and will always be there and which you don't need to know any gory details of is gold. I refer to physical gold as gold bars and gold coins. So if you can't resist the urge, gold is a sure bet. It won't give you decent profits, and, in fact, it will likely give you no profits at all (at least, short to mid term), but you will never have to feel the pain of your wealth losing value
I am with you here and do own some precious metals. I have collected silver slowly over the last few years (starting at $17, so no big losses), mainly bullion, but some junk silver too.
I always thought it would be great to own some gold, and I have a few ounces now, which I am happy about.
I wouldn't be scared holding lots of PMs, except for possibly missing out if Bitcoin does go to $10k or even more.
That way you're taking advantage from those price drops.
I'm don't mean that you should become a day trader, only sell & rebuy when you notice big price movements.
You can also follow a few people who do chart analysis and compare their results to get a somewhat correct view of the charts.
I know this is fairly risky, but as with anything: no risk, no gains.
I bought my bitcoin a few years ago now. I was and am a believer, but the massive price increase has me worried that I am now overly invested in bitcoin.
It looks like I have 75% of my money in Bitcoin. Obviously it wasn't always like that, and it with the price rising so much recently, I find myself with a fair amount of money available for the first time in my life!
I know that Bitcointalk probably isn't the best place to ask this, but would you recommend diversifying and if so, in to what?
I was very happy when the price was $1000, but now it feels like I have enough that I could buy a flat or something. It used to be a speculative thing for me, I had invested what I could afford to lose, but now the price has risen so much that it could be easy come easy go, and the price falls back down to where it was last year
It looks like I have 75% of my money in Bitcoin. Obviously it wasn't always like that, and it with the price rising so much recently, I find myself with a fair amount of money available for the first time in my life!
I know that Bitcointalk probably isn't the best place to ask this, but would you recommend diversifying and if so, in to what?
I was very happy when the price was $1000, but now it feels like I have enough that I could buy a flat or something. It used to be a speculative thing for me, I had invested what I could afford to lose, but now the price has risen so much that it could be easy come easy go, and the price falls back down to where it was last year
Diversifying for the sake of diversifying is meaningless
You should know the asset which you are going to put your money in. The only asset which is and will always be there and which you don't need to know any gory details of is gold. I refer to physical gold as gold bars and gold coins. So if you can't resist the urge, gold is a sure bet. It won't give you decent profits, and, in fact, it will likely give you no profits at all (at least, short to mid term), but you will never have to feel the pain of your wealth losing value
I am with you here and do own some precious metals. I have collected silver slowly over the last few years (starting at $17, so no big losses), mainly bullion, but some junk silver too.
I always thought it would be great to own some gold, and I have a few ounces now, which I am happy about.
I wouldn't be scared holding lots of PMs, except for possibly missing out if Bitcoin does go to $10k or even more.
I bought my bitcoin a few years ago now. I was and am a believer, but the massive price increase has me worried that I am now overly invested in bitcoin.
It looks like I have 75% of my money in Bitcoin. Obviously it wasn't always like that, and it with the price rising so much recently, I find myself with a fair amount of money available for the first time in my life!
I know that Bitcointalk probably isn't the best place to ask this, but would you recommend diversifying and if so, in to what?
I was very happy when the price was $1000, but now it feels like I have enough that I could buy a flat or something. It used to be a speculative thing for me, I had invested what I could afford to lose, but now the price has risen so much that it could be easy come easy go, and the price falls back down to where it was last year.
It looks like I have 75% of my money in Bitcoin. Obviously it wasn't always like that, and it with the price rising so much recently, I find myself with a fair amount of money available for the first time in my life!
I know that Bitcointalk probably isn't the best place to ask this, but would you recommend diversifying and if so, in to what?
I was very happy when the price was $1000, but now it feels like I have enough that I could buy a flat or something. It used to be a speculative thing for me, I had invested what I could afford to lose, but now the price has risen so much that it could be easy come easy go, and the price falls back down to where it was last year.
For being a believer, you have already made enough for yourself and even if you have to pull out now, you have done well. Putting 75% of your funds in bitcoin will place you under unnecessary pressure which might lead to rash decisions. I would advise that you diversify out of fiat and reduce the investment to like say 50% so you have a shock absorber in case of emergency.
I bought my bitcoin a few years ago now. I was and am a believer, but the massive price increase has me worried that I am now overly invested in bitcoin.
It looks like I have 75% of my money in Bitcoin. Obviously it wasn't always like that, and it with the price rising so much recently, I find myself with a fair amount of money available for the first time in my life!
I know that Bitcointalk probably isn't the best place to ask this, but would you recommend diversifying and if so, in to what?
I was very happy when the price was $1000, but now it feels like I have enough that I could buy a flat or something. It used to be a speculative thing for me, I had invested what I could afford to lose, but now the price has risen so much that it could be easy come easy go, and the price falls back down to where it was last year.
You are not alone. Same is the case with me. I used to have a highly diversified investment plan including stocks, bonds, property and cryptos specifically Bitcoin. This was the story of 2015. After huge returns I earned through Bitcoin, I transferred my stocks and bonds invested amount to Bitcoin and other cryptocurrencies. After that I made some huge losses in altcoin trading. Now I rarely do trading and my most of the investment is in Bitcoin. I no longer diversify much as I believe Bitcoin has long to go. It has the potential to give huge returns in less time. I still have some amount invested in gold, bonds and stocks. But amount invested in Bitcoin is way more than all of them together. I believe Bitcoin is safe a bet today. It looks like I have 75% of my money in Bitcoin. Obviously it wasn't always like that, and it with the price rising so much recently, I find myself with a fair amount of money available for the first time in my life!
I know that Bitcointalk probably isn't the best place to ask this, but would you recommend diversifying and if so, in to what?
I was very happy when the price was $1000, but now it feels like I have enough that I could buy a flat or something. It used to be a speculative thing for me, I had invested what I could afford to lose, but now the price has risen so much that it could be easy come easy go, and the price falls back down to where it was last year.
For having that huge money, you should. You could try some other business. Trading could also be good, but you should study it well tho. And try to donate some to charity. 
I like your idea. Investing in ownself to be a better person and charity to help others. You have nice inner my Friend.
I bought my bitcoin a few years ago now. I was and am a believer, but the massive price increase has me worried that I am now overly invested in bitcoin.
It looks like I have 75% of my money in Bitcoin. Obviously it wasn't always like that, and it with the price rising so much recently, I find myself with a fair amount of money available for the first time in my life!
I know that Bitcointalk probably isn't the best place to ask this, but would you recommend diversifying and if so, in to what?
I was very happy when the price was $1000, but now it feels like I have enough that I could buy a flat or something. It used to be a speculative thing for me, I had invested what I could afford to lose, but now the price has risen so much that it could be easy come easy go, and the price falls back down to where it was last year
It looks like I have 75% of my money in Bitcoin. Obviously it wasn't always like that, and it with the price rising so much recently, I find myself with a fair amount of money available for the first time in my life!
I know that Bitcointalk probably isn't the best place to ask this, but would you recommend diversifying and if so, in to what?
I was very happy when the price was $1000, but now it feels like I have enough that I could buy a flat or something. It used to be a speculative thing for me, I had invested what I could afford to lose, but now the price has risen so much that it could be easy come easy go, and the price falls back down to where it was last year
Diversifying for the sake of diversifying is pretty meaningless
You should know the asset which you are going to park your money in. The only asset which is and will always be there and which you don't need to know any gory details of is gold. I refer to physical gold as gold bars and gold coins. So if you can't resist the urge, gold is a sure bet. It won't give you decent profits, and, in fact, it will likely give you no profits at all (at least, short to mid term), but you will never have to feel the pain of your wealth losing value
For having that huge money, you should. You could try some other business. Trading could also be good, but you should study it well tho. And try to donate some to charity.
It seems you are a superstitious, charity guy is a good thing, but it is not a necessity when you are poor, try to get rich, you can help anyone when you are rich, So, we must save!
I bought my bitcoin a few years ago now. I was and am a believer, but the massive price increase has me worried that I am now overly invested in bitcoin.
It looks like I have 75% of my money in Bitcoin. Obviously it wasn't always like that, and it with the price rising so much recently, I find myself with a fair amount of money available for the first time in my life!
I know that Bitcointalk probably isn't the best place to ask this, but would you recommend diversifying and if so, in to what?
I was very happy when the price was $1000, but now it feels like I have enough that I could buy a flat or something. It used to be a speculative thing for me, I had invested what I could afford to lose, but now the price has risen so much that it could be easy come easy go, and the price falls back down to where it was last year.
It looks like I have 75% of my money in Bitcoin. Obviously it wasn't always like that, and it with the price rising so much recently, I find myself with a fair amount of money available for the first time in my life!
I know that Bitcointalk probably isn't the best place to ask this, but would you recommend diversifying and if so, in to what?
I was very happy when the price was $1000, but now it feels like I have enough that I could buy a flat or something. It used to be a speculative thing for me, I had invested what I could afford to lose, but now the price has risen so much that it could be easy come easy go, and the price falls back down to where it was last year.
Great to see another believer of bitcoin like me. I followed the same pathway like you. I diversified my total budget intot the categories.
50% for bitcoin
20% for ethereum
15% for USDT for possible buy opportunities
The rest 15% is for promising and strong altcoins for long term.
You can create a similar portfolio.
Don't forget to reinvest on bitcoin mining and other altcoins like Ethereum, Dash, and Zcash.
Try and diversify your ways with bitcoin and Altcoin mining as additional source of income.
I bought my bitcoin a few years ago now. I was and am a believer, but the massive price increase has me worried that I am now overly invested in bitcoin.
It looks like I have 75% of my money in Bitcoin. Obviously it wasn't always like that, and it with the price rising so much recently, I find myself with a fair amount of money available for the first time in my life!
I know that Bitcointalk probably isn't the best place to ask this, but would you recommend diversifying and if so, in to what?
I was very happy when the price was $1000, but now it feels like I have enough that I could buy a flat or something. It used to be a speculative thing for me, I had invested what I could afford to lose, but now the price has risen so much that it could be easy come easy go, and the price falls back down to where it was last year.
It looks like I have 75% of my money in Bitcoin. Obviously it wasn't always like that, and it with the price rising so much recently, I find myself with a fair amount of money available for the first time in my life!
I know that Bitcointalk probably isn't the best place to ask this, but would you recommend diversifying and if so, in to what?
I was very happy when the price was $1000, but now it feels like I have enough that I could buy a flat or something. It used to be a speculative thing for me, I had invested what I could afford to lose, but now the price has risen so much that it could be easy come easy go, and the price falls back down to where it was last year.
Great to see another believer of bitcoin like me. I followed the same pathway like you. I diversified my total budget intot the categories.
50% for bitcoin
20% for ethereum
15% for USDT for possible buy opportunities
The rest 15% is for promising and strong altcoins for long term.
You can create a similar portfolio.
This is a Bitcoin related asset allocation: if bitcoin goes down, all portfolio go down. If he want to diversify his portfolio, he need to go on different asset not related with bitcoin.
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