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Topic: Do not limits your investment... - page 3. (Read 928 times)

sr. member
Activity: 1274
Merit: 457
July 08, 2023, 04:10:24 AM
I saw something on a friend of mine iPhone I was amazed, this guy has 3 pieces of bitcoin but he didn't look it when you look at him with mere eyes, I ask him how he has come this far, he told long ego he was seriously investing on all kinds of coins with little amount of bitcoin but then most of those coins help him to realized enough amount to buy more bitcoin because that was his primary target. He normally buys those zero value coins when they appreciates it will be enough money, and that's how he convert and swag all to bitcoin and today, he has 3 piece. Is good to be diversified in your investment, somedays something good will come out of one you don't expect.
I think it was possible because your friend was lucky. And that happens to very few people. I think it's a bit of a gamble to spread your investment between alternative coins just on a whim. Currently this market is in a very bad situation now this crypto industry is full of scammers. So thinking this now will not work, now if you want to diversify your investment then you have to do a good analysis about that token or coin. But I think your friend last did a very good job by converting all to bitcoins in which their fund is secure now and also can earn a good profit in future if holding for long term.
member
Activity: 1191
Merit: 78
July 07, 2023, 06:57:26 PM
I saw something on a friend of mine iPhone I was amazed, this guy has 3 pieces of bitcoin but he didn't look it when you look at him with mere eyes, I ask him how he has come this far, he told long ego he was seriously investing on all kinds of coins with little amount of bitcoin but then most of those coins help him to realized enough amount to buy more bitcoin because that was his primary target. He normally buys those zero value coins when they appreciates it will be enough money, and that's how he convert and swag all to bitcoin and today, he has 3 piece. Is good to be diversified in your investment, somedays something good will come out of one you don't expect.
First, your friend seems to be a good experienced cryptocurrency investor and I will advise you not to follow the strategy he used if you haven't taken enough lessons and teaching from him about how he spotted those altcoin gems before they go big in the market.
hero member
Activity: 2940
Merit: 715
July 07, 2023, 04:59:09 PM
I saw something on a friend of mine iPhone I was amazed, this guy has 3 pieces of bitcoin but he didn't look it when you look at him with mere eyes, I ask him how he has come this far, he told long ego he was seriously investing on all kinds of coins with little amount of bitcoin but then most of those coins help him to realized enough amount to buy more bitcoin because that was his primary target. He normally buys those zero value coins when they appreciates it will be enough money, and that's how he convert and swag all to bitcoin and today, he has 3 piece. Is good to be diversified in your investment, somedays something good will come out of one you don't expect.
It’s always good to diversify your investment especially if that were also profitable investments as well. One thing that is not possible with altcoins these days since we have seen how their prices have plummet every now and then and would even hardly to recover. So instead of altcoins, why not invest on other investments as well like gold or stocks, or invest in landed properties and use them for business to maximize the profits. That way, bitcoin will not only be your source of income but also these additional investments that you trying to make them work.
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
July 07, 2023, 04:51:42 PM
This might be more about how we manage our investments in terms of funds and assets. If you really have to limit it, limit it. Because investing is not something to compete with who has more. But these are our long term investments where we put our money out there and hope for something. So we need to manage and control it wisely. But indeed, if we are still able and willing, we still need to continue to add to the accumulation, according to our ability, not exaggerate or even exceed it.
hero member
Activity: 2324
Merit: 562
DGbet.fun - Crypto Sportsbook
July 07, 2023, 03:54:21 PM
The investment should not have limits,you can keep inverse at the time you get money.The trading volume can be hold at the bear market,it can be increased at the bear market.When you don’t have enough money for the expenses,you can use the holding on the demand.The trading volume can be rebuilt at all your earnings,try to keep your savings at the good coins for the long run.
legendary
Activity: 3094
Merit: 1127
July 07, 2023, 03:53:06 PM
#99
Because when the value of Bitcoin increases, it will for sure also pull the top altcoins in the market for sure, this has happened several times so when the bull happens, for sure most of the altcoins that have real potential will increase.

How do you know then which of the altcoins has real potential and that's why investing in altcoins is very risky because we don't know which one will make it. Not all altcoins rise with Bitcoin when it rises, some also falls as traders dump them to buy Bitcoin. If you're unfortunate and buys those that'll be getting dumped like the memecoins, you'll lose. We don't have to limit our investment but when investing in altcoins we have to be extra cautious.

It's better you avoid investing in altcoins totally because they can make you to lose money more than making you money, altcoins rise fast and give huge returns than Bitcoin but they also dump faster because many of the altcoins are just used for pump and dumps by whales.
Would really be that so hard when it comes to predictions because there's no way on pointing out which coins would really be pumping and which coins wouldnt, this is why we would really be that really be able to
make out lots of random and speculative approach due to this kind of reason but doesnt mean that we are really that wrong on what we are doing.Investment must really be that something needs up to be that
studied well and make your own research because if you dont really do such thing then you would really be that losing money and missing out opportunities on which we arent really that liking to to happen on.
When it comes to choices then it would really vary because not all would really be having the same mindset or approach when it comes into their investment. Some might stick into much safer
point and some would really be taking up the risky path.
hero member
Activity: 2912
Merit: 526
Reward: 10M Shen (Approx. 5000 BNB) Bounty
July 07, 2023, 02:40:53 PM
#98
I saw something on a friend of mine iPhone I was amazed, this guy has 3 pieces of bitcoin but he didn't look it when you look at him with mere eyes, I ask him how he has come this far, he told long ego he was seriously investing on all kinds of coins with little amount of bitcoin but then most of those coins help him to realized enough amount to buy more bitcoin because that was his primary target. He normally buys those zero value coins when they appreciates it will be enough money, and that's how he convert and swag all to bitcoin and today, he has 3 piece. Is good to be diversified in your investment, somedays something good will come out of one you don't expect.
Well if he said long ago then my first thought would be when 2017-2018 era where altcoins was really rising and shining back at that day because every ICO is really fresh and most of them were pretty much got listed into exchanges after the ICO was over so your friend probably used that opportunity to grab some low price altcoins especially during that Bitcoin's bull day it was really great for the traders.

But nowadays, most of the projects are just trash and some of the new altcoins are not worth it to invest even if you diversify your investment. That's just means you are throwing some free money into them, it's really different compared to what we had before.
sr. member
Activity: 1386
Merit: 406
July 07, 2023, 10:56:33 AM
#97
I saw something on a friend of mine iPhone I was amazed, this guy has 3 pieces of bitcoin but he didn't look it when you look at him with mere eyes, I ask him how he has come this far, he told long ego he was seriously investing on all kinds of coins with little amount of bitcoin but then most of those coins help him to realized enough amount to buy more bitcoin because that was his primary target. He normally buys those zero value coins when they appreciates it will be enough money, and that's how he convert and swag all to bitcoin and today, he has 3 piece. Is good to be diversified in your investment, somedays something good will come out of one you don't expect.
The problem with these altcoins is that even if you buy them at zero value, you will never know if their value will truly appreciate in the future that’s why some invested on them and end up regretting, wishing they only stick to bitcoin regardless of its quite expensive price. I guess your friend was just lucky that time, because if he insist it doing again these days, surely he will only suffer from great losses.
It is better to trust ALT coins very little because these coins may not bring you good. Some amount of ALT coins can be trusted but should not be over trusted. Here you have made it clear about investing in ALT coins by just saying that even after buying ALT coins with zero amount we still need to know whether the value of this coin will work in future. Bitcoin can always be a very good choice as compared to ALT coin when it comes to investment. Investing in this coin can be expected to achieve good things in the future.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
July 07, 2023, 10:44:22 AM
#96
Understanding how financial world works, you will of course have to focus on the fact that it is not going to be possible to just save money aside and make it go up, you have to use money and even debt. Why do you think even the richest people end up taking a loan when they can afford to spend it from their pocket? Because they are aware that if you take 100 dollar loan, and pay 110 back in a year, you could invest that 100 and make 120+ instead, and that way you would be in profit.

Always try to keep as much money as you can afford on investment that can make you profit, and that way you would be able to actually grow much bigger on the long run, and you could make a debt during that period and you would be able to pay that back when your investment grows larger.
hero member
Activity: 980
Merit: 947
July 07, 2023, 05:36:02 AM
#95
How do you know then which of the altcoins has real potential and that's why investing in altcoins is very risky because we don't know which one will make it. Not all altcoins rise with Bitcoin when it rises, some also falls as traders dump them to buy Bitcoin. If you're unfortunate and buys those that'll be getting dumped like the memecoins, you'll lose. We don't have to limit our investment but when investing in altcoins we have to be extra cautious.

It's better you avoid investing in altcoins totally because they can make you to lose money more than making you money, altcoins rise fast and give huge returns than Bitcoin but they also dump faster because many of the altcoins are just used for pump and dumps by whales.
Therefore, altcoins can be used for trading, perhaps even short-term and sometimes medium-term, for long-term investments, I would not buy altcoins, as it seems to me too risky. But for short term trading altcoins seem to be not a bad option, I follow a few of them and see that there are those who are more volatile than others, this seems like a good chance for me to trade, but I am a long term investor, I buy bitcoin and do not trade yet, I just watch and study trading when I have time for it.
hero member
Activity: 616
Merit: 749
July 07, 2023, 04:47:24 AM
#94
Because when the value of Bitcoin increases, it will for sure also pull the top altcoins in the market for sure, this has happened several times so when the bull happens, for sure most of the altcoins that have real potential will increase.

How do you know then which of the altcoins has real potential and that's why investing in altcoins is very risky because we don't know which one will make it. Not all altcoins rise with Bitcoin when it rises, some also falls as traders dump them to buy Bitcoin. If you're unfortunate and buys those that'll be getting dumped like the memecoins, you'll lose. We don't have to limit our investment but when investing in altcoins we have to be extra cautious.

It's better you avoid investing in altcoins totally because they can make you to lose money more than making you money, altcoins rise fast and give huge returns than Bitcoin but they also dump faster because many of the altcoins are just used for pump and dumps by whales.
full member
Activity: 1526
Merit: 111
Pepemo.vip
July 06, 2023, 09:19:48 PM
#93
I saw something on a friend of mine iPhone I was amazed, this guy has 3 pieces of bitcoin but he didn't look it when you look at him with mere eyes, I ask him how he has come this far, he told long ego he was seriously investing on all kinds of coins with little amount of bitcoin but then most of those coins help him to realized enough amount to buy more bitcoin because that was his primary target. He normally buys those zero value coins when they appreciates it will be enough money, and that's how he convert and swag all to bitcoin and today, he has 3 piece. Is good to be diversified in your investment, somedays something good will come out of one you don't expect.

Good for your friend and by 3 pieces  I believe  you mean he already holds 3 bitcoin  and that's amazing but no matter how promising  a shitcoin or altcoin might be, I've always groomed myself  never to get involved because they are  basically scam projects because they mostly end as a pump  and dump and it is always on rare cases where you will an altcoin doing well and ethereum is one of them.
I guess your friend invested in shitcoin when most of the projects seemed legit and not now when every altcoin  seems like a scam else he wouldn't have been here testifying this .
even though he invests his funds in shitcoins or altcoins, I'm sure he is a smart person, considering he can collect 3 bitcoin pieces, and of course his main investment is in bitcoin, so even if he loses money on shitcoins it doesn't shake his finances, because it must have been calculated from the start . it's not easy to collect up to 3 bitcoin coins, and I don't think it's just luck factor, of course he has good knowledge and strategy
hero member
Activity: 602
Merit: 442
A Proud Father of Twin Girls 👧 👧
July 06, 2023, 06:44:20 PM
#92
I saw something on a friend of mine iPhone I was amazed, this guy has 3 pieces of bitcoin but he didn't look it when you look at him with mere eyes, I ask him how he has come this far, he told long ego he was seriously investing on all kinds of coins with little amount of bitcoin but then most of those coins help him to realized enough amount to buy more bitcoin because that was his primary target. He normally buys those zero value coins when they appreciates it will be enough money, and that's how he convert and swag all to bitcoin and today, he has 3 piece. Is good to be diversified in your investment, somedays something good will come out of one you don't expect.

Good for your friend and by 3 pieces  I believe  you mean he already holds 3 bitcoin  and that's amazing but no matter how promising  a shitcoin or altcoin might be, I've always groomed myself  never to get involved because they are  basically scam projects because they mostly end as a pump  and dump and it is always on rare cases where you will an altcoin doing well and ethereum is one of them.
I guess your friend invested in shitcoin when most of the projects seemed legit and not now when every altcoin  seems like a scam else he wouldn't have been here testifying this .
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
July 06, 2023, 05:16:13 PM
#91
It could be too risky to invest now in altcoins particularly whose value is almost zero as you can’t guarantee if they will get the chance to recover or just continue to be dead coins in the end. That’s the reason why I can’t risk my money with altcoins at the moment. However, I must say your friend OP must be very lucky that he never experienced that. Probably those were the times when altcoins are still profitable same with bitcoin, one thing that’s hard to be realized these days.

Altcoin investments are very risky at all time, no matter when you invest, even if it's during a bear or bull market. The truth is, you don't know that token or coin that can give you a 100X profit. Anyone who chooses to invest in Altcoins should also make the decision to handle the loss should the project crash. Some altcoins will pump during a bull market, but after the bear market comes, you will see them fall so drastically that some investors will be happy that the token has fallen, thinking that it's the right opportunity to buy, but after they purchase such a coin, they may realise that it keeps falling until it never increases again, even if it's during another bull market.



Cheers 🥂, Dr.Bitcoin_Strange 👺👺
legendary
Activity: 2772
Merit: 1127
July 06, 2023, 11:51:39 AM
#90
I saw something on a friend of mine iPhone I was amazed, this guy has 3 pieces of bitcoin but he didn't look it when you look at him with mere eyes, I ask him how he has come this far, he told long ego he was seriously investing on all kinds of coins with little amount of bitcoin but then most of those coins help him to realized enough amount to buy more bitcoin because that was his primary target. He normally buys those zero value coins when they appreciates it will be enough money, and that's how he convert and swag all to bitcoin and today, he has 3 piece. Is good to be diversified in your investment, somedays something good will come out of one you don't expect.
Know that every investment does not guarantee success and profitability, that’s why if you have the sufficient funds for capital, learn to diversify your investments so that if one investment fails, other investments will still have chances to succeed. However, on part of OP’s friend, he uses altcoins just to achieve his goal for bitcoin. Maybe that was only applicable when altcoins are still profitable but seeing how the altcoins these days gradually lose their value, I don’t think investing in altcoins aside from bitcoin will still be a wise move.
I agree that it is not going to be that easy, I know that it will take sometime but eventually we are going to be able to do it. Diversification is a hard thing to do because it is not easy to find these things quickly, most people end up investing into either nothing different and just top names, or they end up investing into silly stuff that shouldn't be invested.

I always aim at top 10 coins, maybe a bit higher after that but that's the point, not the stable ones though because stable coins are stable as the name suggests so there is no need to invest into them. I personally like to do what I do and there is nothing wrong with that, however I would suggest everyone to find their own thing they like to do and diversify based on that.
newbie
Activity: 15
Merit: 1
July 06, 2023, 09:21:20 AM
#89
Among all the services I've used, only XGo understands the importance of security in the crypto space. Their mobile app incorporates cutting-edge measures like decentralized authentication and cold storage to keep my assets secure. It's a fortress for my investments.
full member
Activity: 896
Merit: 117
PredX - AI-Powered Prediction Market
July 06, 2023, 08:46:48 AM
#88
I saw something on a friend of mine iPhone I was amazed, this guy has 3 pieces of bitcoin but he didn't look it when you look at him with mere eyes, I ask him how he has come this far, he told long ego he was seriously investing on all kinds of coins with little amount of bitcoin but then most of those coins help him to realized enough amount to buy more bitcoin because that was his primary target. He normally buys those zero value coins when they appreciates it will be enough money, and that's how he convert and swag all to bitcoin and today, he has 3 piece. Is good to be diversified in your investment, somedays something good will come out of one you don't expect.
It’s good to diversify your investment especially if those other investments have also high potentials to succeed. Aside from bitcoin, I usually save some established altcoins too because most likely when bitcoin reaches its peak price, these altcoins will also bound to follow. But that was only before when altcoins have still chances to progress, the thing that’s so hard to expect today. The reason why instead of altcoins, I go for gold and real estate so I can still diversify my investments and whatever profits I gained, I always put bigger allocation for bitcoin to increase my hodlings.

It is good to buy potential altcoins, especially those in the 20s in the market, because when the value of Bitcoin falls, for sure almost all altcoins in the market will also be pulled down. And this is an opportunity that is good to buy, and good to take advantage of, actually.
Because when the value of Bitcoin increases, it will for sure also pull the top altcoins in the market for sure, this has happened several times so when the bull happens, for sure most of the altcoins that have real potential will increase.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
July 06, 2023, 05:57:46 AM
#87
I saw something on a friend of mine iPhone I was amazed, this guy has 3 pieces of bitcoin but he didn't look it when you look at him with mere eyes, I ask him how he has come this far, he told long ego he was seriously investing on all kinds of coins with little amount of bitcoin but then most of those coins help him to realized enough amount to buy more bitcoin because that was his primary target. He normally buys those zero value coins when they appreciates it will be enough money, and that's how he convert and swag all to bitcoin and today, he has 3 piece. Is good to be diversified in your investment, somedays something good will come out of one you don't expect.
The problem with these altcoins is that even if you buy them at zero value, you will never know if their value will truly appreciate in the future that’s why some invested on them and end up regretting, wishing they only stick to bitcoin regardless of its quite expensive price. I guess your friend was just lucky that time, because if he insist it doing again these days, surely he will only suffer from great losses.

Luck is needed when deciding to invest on no value coins since most of them are already been abandon by its dev so the risk is so high for deciding to put some bucks with it since we doesn't have any guarantee that we can get back our funds. Much better if we go on best alte in the market rather deciding to look for no value or even low cap coins or tokens since the risk to lose money is so high on this decision.
hero member
Activity: 1820
Merit: 747
July 06, 2023, 05:50:32 AM
#86
I saw something on a friend of mine iPhone I was amazed, this guy has 3 pieces of bitcoin but he didn't look it when you look at him with mere eyes, I ask him how he has come this far, he told long ego he was seriously investing on all kinds of coins with little amount of bitcoin but then most of those coins help him to realized enough amount to buy more bitcoin because that was his primary target.
Insiders' strategies collecting bitcoins are different and you can't completely copy their style either. Investing heavily in non-fundamental coins will be much riskier and you won't be able to fit a budget like your friends. Luckily your friend's selfishness can bring him to the stage to collect 3 bitcoin pieces, then try to imagine when the strategy doesn't go according to plan.

He normally buys those zero value coins when they appreciates it will be enough money, and that's how he convert and swag all to bitcoin and today, he has 3 piece. Is good to be diversified in your investment, somedays something good will come out of one you don't expect.
It would be quite a hassle controlling zero-value coins and most of the ones I saw would end up dead. Then what big hopes do you want to achieve in a coin like that and I don't really believe that your friend has reached 3 pieces of bitcoin just relying on coins that are worth zero. It could be that he didn't convey the process when he started diligently to collect bitcoins, so in-depth analysis is needed when you have high hopes for coins that are worth zero.
hero member
Activity: 3052
Merit: 685
July 06, 2023, 03:33:04 AM
#85
I saw something on a friend of mine iPhone I was amazed, this guy has 3 pieces of bitcoin but he didn't look it when you look at him with mere eyes, I ask him how he has come this far, he told long ego he was seriously investing on all kinds of coins with little amount of bitcoin but then most of those coins help him to realized enough amount to buy more bitcoin because that was his primary target. He normally buys those zero value coins when they appreciates it will be enough money, and that's how he convert and swag all to bitcoin and today, he has 3 piece. Is good to be diversified in your investment, somedays something good will come out of one you don't expect.
The problem with these altcoins is that even if you buy them at zero value, you will never know if their value will truly appreciate in the future that’s why some invested on them and end up regretting, wishing they only stick to bitcoin regardless of its quite expensive price. I guess your friend was just lucky that time, because if he insist it doing again these days, surely he will only suffer from great losses.
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