Pages:
Author

Topic: How much money from my profits i should put in bitcoin ? (Read 873 times)

newbie
Activity: 48
Merit: 0
2. Using your profit to buy BTC (which is another risk)
Can you explain why Buying BTC is a risk  Grin
hero member
Activity: 784
Merit: 672
Top Crypto Casino
OP, keep doing whatever you have been doing and there's no need to invest money in USDT, just keep that in Bitcoin and that would be a good decision. Right now Bitcoin is gaining value and there's chance that it might continue to gain more value in coming months, and that's why it's always better to put your money in Bitcoin even if at current date its value is over $100k.
legendary
Activity: 1890
Merit: 1537
Op you don't have to wait till bitcoin price comes down before investing but buying fractions weekly or depends on your capacity to buy and nobody will tell how much to buy at all time. Okay I will tell you to buy $50,000 daily, will you buy it? No so you don't have to asked the public how much you will use for the investment of bitcoin. It will a you know how much is in you pocket to invest.

I will not advise you to invest in USDT because there is no much profit in that coin. It is a stable coin and if you were making profit from it as you claim I doubt it. Investing in altcoins will not go you that 60-70 percent withdrawal. Your story is not clear. Unless those who are not investing in altcoins will believe.
He did not mention that he can make a profit from invested stablecoins like USDT, which is actually even if he staked them, they will not give him a noticeable profiit return.

He just wanted to freeze the profits extracted from his trading in altcoins in USDT until Bitcoin corrects and declines to buy back with the stablecoins he holds; that’s the whole point.

Therefore, I agree that Bitcoin is a promising investment that everyone should rush to buy and follow DCA and apply a strict strategy, choose the right time to buy and set specific and clear goals using technical analysis. Indeed, investing in Bitcoin requires a person to commit to financial management of the capital he owns, pay attention to risk management, etc. Bitcoin is now on its way to $100K and I expect a correction afterward, followed by another upward movement. There are still promising altcoins  that are more interesting to investors, so if the OP is successful in trading them, that is actually a better idea, leaving long-term investment to Bitcoin.
sr. member
Activity: 364
Merit: 195
WOLFBET.COM - Exclusive VIP Rewards
Hi im trading altcoins on exchanges for years now and i was always withdrawing like 60-70 percent of my profit
and buy bitcoin for the rest (30-40 percent) but since btc price is highly increased you think i should just keep
doing the same or i should buy USDT instead with that 30-40 percent meant for bitcoin and store it in a safe wallet
like trezor till btc price drop or till we see a new bear market then buy btc with that saved USDT  Roll Eyes
You have missed the golden opportunity, you have been involved in trading for several years, if you had planned this earlier, maybe you could have made a lot of success today. I will tell you that if you trade regularly and can make success from trading, then you can invest 50% of the profit from trading in Bitcoin and the remaining 50% you can convert to your local currency as per your need. However, the price of Bitcoin is pumping a lot at the moment, so you can wait a little while and if you think you cannot wait, then you can continue your investment using the DCA method continuously. I will not forbid you from investing in Bitcoin because Bitcoin is expected to increase more in the future. If you imagine from your beginning till now, you will understand how big a mistake you have made by not investing in Bitcoin.
hero member
Activity: 2982
Merit: 610
Invest on what you can afford to lose. But make sure you prioritize bitcoin over altcoins, as the success of bitcoin is more guaranteed than altcoins themselves. And do not depend your decision from other investors or imitate their percentage of investing, just do your own diligence so you will learn to manage the risk and still maximize the chances of getting profits.
legendary
Activity: 2744
Merit: 1878
Rollbit.com | #1 Solana Casino
Put 100% into bitcoin. Everything else is garbage.
I second that, but quite a lot of altcoin investors would disagree, they will bring up some success stories of how people made X amounts through investing in altcoins, forgetting about the multitude that became bagholders or were caught up in a pump and dump scheme, or a rugpull, etc. It is safer for newcomers to buy only bitcoin, and if they understand the network well enough later on, they can gamble with altcoins if they so desire.
Agree or not it's also about how everyone makes their choice to go fully into Bitcoin or diversify to spread their assets so that when the bullrun arrives there are a lot of profits to be gained.

Knowledge about crypto is indeed necessary for crypto investors, if they are beginners who are just entering, 100% bitcoin is indeed the first choice,
but don't be too stupid to get caught up in the FOMO that occurs without determining where to enter and how much to buy and hold as a reserve.

Now that there are more altcoins and junk coins popping up every day, it is just a matter of choosing whether to earn a lot of money from memecoin gambling or choose to find a safe way with 100% bitcoin, It's each person's choice.
hero member
Activity: 700
Merit: 577
Op you don't have to wait till bitcoin price comes down before investing but buying fractions weekly or depends on your capacity to buy and nobody will tell how much to buy at all time. Okay I will tell you to buy $50,000 daily, will you buy it? No so you don't have to asked the public how much you will use for the investment of bitcoin. It will a you know how much is in you pocket to invest.

I will not advise you to invest in USDT because there is no much profit in that coin. It is a stable coin and if you were making profit from it as you claim I doubt it. Investing in altcoins will not go you that 60-70 percent withdrawal. Your story is not clear. Unless those who are not investing in altcoins will believe.
?
Activity: -
Merit: -
Hi im trading altcoins on exchanges for years now and i was always withdrawing like 60-70 percent of my profit
and buy bitcoin for the rest (30-40 percent) but since btc price is highly increased you think i should just keep
doing the same or i should buy USDT instead with that 30-40 percent meant for bitcoin and store it in a safe wallet
like trezor till btc price drop or till we see a new bear market then buy btc with that saved USDT  Roll Eyes
First of all, you can make plans and choices based on your financial situation. If you have enough cash flow, buying some BTC is the right choice. (This is my personal opinion)
legendary
Activity: 2184
Merit: 1302
Playbet.io - Crypto Casino and Sportsbook
Put 100% into bitcoin. Everything else is garbage.
I second that, but quite a lot of altcoin investors would disagree, they will bring up some success stories of how people made X amounts through investing in altcoins, forgetting about the multitude that became bagholders or were caught up in a pump and dump scheme, or a rugpull, etc. It is safer for newcomers to buy only bitcoin, and if they understand the network well enough later on, they can gamble with altcoins if they so desire.
legendary
Activity: 2534
Merit: 1115
Hi im trading altcoins on exchanges for years now and i was always withdrawing like 60-70 percent of my profit
and buy bitcoin for the rest (30-40 percent) but since btc price is highly increased you think i should just keep
doing the same or i should buy USDT instead with that 30-40 percent meant for bitcoin and store it in a safe wallet
like trezor till btc price drop or till we see a new bear market then buy btc with that saved USDT  Roll Eyes
this is entirely up to you, a lot of people can recommend where you should put your profit but at the end of the day, you should do what you are comfortable with.

Put 100% into bitcoin. Everything else is garbage.
this could work for OP if he isn't looking for a variety of crypto to invest in. but if you ask me it's probably one of the best thing the OP could do.
legendary
Activity: 2268
Merit: 1655
To the Moon
Hi im trading altcoins on exchanges for years now and i was always withdrawing like 60-70 percent of my profit
and buy bitcoin for the rest (30-40 percent) but since btc price is highly increased you think i should just keep
doing the same or i should buy USDT instead with that 30-40 percent meant for bitcoin and store it in a safe wallet
like trezor till btc price drop or till we see a new bear market then buy btc with that saved USDT  Roll Eyes

It is very difficult to recommend to you what to do with the profit at the moment. And in any case, you will have to make the decision yourself. But if you think that the target zone for the sale of Bitcoin has already been reached, then you should fix your profit in the stablecoin.
sr. member
Activity: 854
Merit: 424
Playbet.io - Crypto Casino and Sportsbook
Based on your statement you have already experienced a year in trading with alts and I guess this gives you an insight into the market, how the market works, and what to do during the bull run in the market, its quite confusing to my part why you still ask why to put in bitcoin. If you think bitcoin can go soar more the price why not invest into it.
OP want to trade with altcoins and want to know best choice to store his profit from altcoin trading. There are three options: Bitcoin, fiat currency, and stable coin. I would strongly recommend to store trading profit in Bitcoin because if Bitcoin has a correction, altcoins will have a bigger corrections or even bloodbath so storing profit in Bitcoin is better than in altcoins.

With fiat currency, you will have to pay expensive fee to cash out, then use cash to buy Bitcoin again.
With stable coin, it's cheaper in fee than fiat currency, but it has risk of depeg.
PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets
legendary
Activity: 1750
Merit: 1329
Top Crypto Casino
Based on your statement you have already experienced a year in trading with alts and I guess this gives you an insight into the market, how the market works, and what to do during the bull run in the market, its quite confusing to my part why you still ask why to put in bitcoin. If you think bitcoin can go soar more the price why not invest into it. Depends with your goal if another long term investment ideally store those into a hardware wallet always check if the coin you would like to hold beside with bitcoin supported with the wallet you want to use.
hero member
Activity: 2338
Merit: 517
Catalog Websites
Put 100% into bitcoin. Everything else is garbage.
Haha, that's not wrong.  Tongue
I fairly think that there have been folks that have been hyped that they've got some profits already from other source and have converted it into altcoins.
And those that have held Bitcoin converted into altcoins that they have for sure regret it afterwards. But maybe some didn't because they have been rewarded more and these people are very few.
member
Activity: 253
Merit: 93
Humble Bitcoin Stacktivist
Put 100% into bitcoin. Everything else is garbage.
full member
Activity: 189
Merit: 120
at this time I don't think bitcoin you purchase now you will experience lost from purchasing bitcoin now, bitcoin is something you can purchase now and mistakenly it increases or decrease, why I'm saying these, is because I know when bitcoin were at seventy thousand [70k] and within short range bitcoin increases to eighty thousand [80k] so base on this recent increase that we are expecting bitcoin to hit hundreds thousand [100k] happens within this time purchase bitcoin when as the price is at ninety six thousand [96k] definitely you will make a reasonable Profit on the process.
What do you mean by mistakenly? Do bitcoin price movements happen by mistake? I don't think so. Among all the factors that contribute to and control how the market reacts, I don't consider mistakes to be one of them. 
 
Yes, there's a high possibility of buying bitcoin today with the current price, and we wake up tomorrow to see that the price has gone down below what we purchased it for, or it has gone above that amount, which, if we are in profit, that's a positive outcome, but I can't consider that to be a mistake; rather, I will tag such reaction to any visible factor.
legendary
Activity: 1302
Merit: 1089
Goodnight, o_e_l_e_o 🌹
Hi im trading altcoins on exchanges for years now and i was always withdrawing like 60-70 percent of my profit
and buy bitcoin for the rest (30-40 percent) but since btc price is highly increased you think i should just keep
doing the same or i should buy USDT instead with that 30-40 percent meant for bitcoin and store it in a safe wallet
like trezor till btc price drop or till we see a new bear market then buy btc with that saved USDT  Roll Eyes
I wouldn't advice that you continue doing what you have been doing. To be on a safe side, you can be storing in stable coin for now. I commend you for being able to be involved in double risk those while, it's not easy.
1. You are trading altcoins (which is risky)
2. Using your profit to buy BTC (which is another risk)
So, if there's actually uncertainty, it will be nice you just drop one risk for now and proceed with one.
full member
Activity: 208
Merit: 125
Betunlim|Welcome Bonus 100%|Upto 1000€
Hi im trading altcoins on exchanges for years now and i was always withdrawing like 60-70 percent of my profit
and buy bitcoin for the rest (30-40 percent) but since btc price is highly increased you think i should just keep
doing the same or i should buy USDT instead with that 30-40 percent meant for bitcoin and store it in a safe wallet
like trezor till btc price drop or till we see a new bear market then buy btc with that saved USDT  Roll Eyes

It is quite impressive though but most people see trading to be hard and very risky, so I'm wondering how you have being doing it to be making this whole profit as a matter of fact I see trading as a very difficult something and very risky to do. However, the most important thing is that you are making profit from it and in my opinion I will advise you keep on accumulating and holding Bitcoin for as much as possible so long as you are making profit from your alt trading because saying Bitcoin will Dip is more like a speculation of which you are not sure when it will..., so why not continue to buy Bitcoin using the DCA method which is seen as the best strategy as Bitcoin investment concerned and remember it is also possible that Bitcoin will/can skyrocket from here and never come down to the point you wish..., which you will regret.
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
Hi im trading altcoins on exchanges for years now and i was always withdrawing like 60-70 percent of my profit
and buy bitcoin for the rest (30-40 percent) but since btc price is highly increased you think i should just keep
doing the same or i should buy USDT instead with that 30-40 percent meant for bitcoin and store it in a safe wallet
like trezor till btc price drop or till we see a new bear market then buy btc with that saved USDT  Roll Eyes

How much money from my profits i should put in bitcoin ? It always up to you bro since you are also a trader then you should now how much money you can put into bitcoin I would say 30 percent of profit to bought bitcoin as a long term hold is best but for Now Im gonna take profit my bitcoin since it already at 90K level

Heck if you trade altcoin on exchange there is possibilty you could gain more and more by trade using altcoin VS btc pair
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
at this time I don't think bitcoin you purchase now you will experience lost from purchasing bitcoin now, bitcoin is something you can purchase now and mistakenly it increases or decrease, why I'm saying these, is because I know when bitcoin were at seventy thousand [70k] and within short range bitcoin increases to eighty thousand [80k] so base on this recent increase that we are expecting bitcoin to hit hundreds thousand [100k] happens within this time purchase bitcoin when as the price is at ninety six thousand [96k] definitely you will make a reasonable Profit on the process.
That is only happen to those who doubt that Bitcoin will be difficult to break $100,000. They don't believes that buying Bitcoin at the price now will still good for them and makes them delay to buy it now. But for those who already see how Bitcoin price moves will not wait for longer to buy Bitcoin and will place their buy order at many level of the low prices. They want to buy back Bitcoin and hold it to sell at the high price they want so they don't mind to buy at the price now while they have more chances to buy at a low price considering about what will happen to Bitcoin in the future. Their target will be at the next bull run that can happens in the end of this year or next years so that is why they still buy more and more Bitcoin and make sure they will get their chance to sell at the new ATH and make a big profit.
Pages:
Jump to: