Topic: How much money from my profits i should put in bitcoin ? - page 2. (Read 1344 times)

Although everybody will give you different opinions about this, the fact is that nobody will tell you to invest, since nobody will bear the risk with you. You are the one who owns the money in the crypto space; they are not advising rather educating people on how to invest, so I believe you already know the risk in bitcoin, and you already know the market move, so you should be the one to know what to do, whether to invest or not;

furthermore, why will you wait till another bear comes in before you invest in bitcoin regardless of the current price? As long as you are investing for a long time, there is no need to wait; anytime I see people waiting for the dip before investing, I feel like they are just missing an opportunity if the market 

Actually I don't think if it is the right time to invest in bitcoin because the price is still very expensive and no one knows what will be the next move, I think the best thing to do right now is to wait for the price to be corrected before thinking of investing in bitcoin. of course everyone is making their own prediction, if you said Bitcoin price is predicted to continue rising I think that's in your own view. for me I have absolutely nothing to say about the movement either, but to be in the safer  side I think you should hold on and wait for the price to be corrected before you should think of investing, by then I think the price will be somehow cheap for you.

The op is not going out from trading his altcoins; he will still be doing it. What he just wants is the profits he makes from trading. He wants to ask if it's good to save some in bitcoin or just leave it all in USDT, which I don't see anything wrong with. Diversifying and trying out saving some with bitcoin, which he can, will be seeing little profit from it whenever there is a price increase, and I will advise him to keep some in USDT and others in bitcoin in case there is a need for funds, and the price of bitcoin is down; he can just make use of USDT in reserve.

It’s difficult for us to tell you what to do all we can do is to advise you on the safest option as bitcoin enthusiasts, holding USDT is as good as holding fiat currency because the value doesn’t increase or decrease unless your country’s currency depreciate or appreciate against Dollar. Accumulating bitcoin by allocating certain percentage of your profits as you have done is a good investment because bitcoin’s value has the potential to increase over time and regardless of how much you invest you will have accumulated enough bitcoin with time which would give you more profit with time.
Waiting for the bear market is a waste of time so sticking to your timely accumulation is the best decision in my opinion and you should keep accumulating more if you can but always invest an amount you can afford to lose.

I will still insist on saying that while it is advised by several bitcoiners that it is good to always invest all you can afford to lose as a principle towards mitigating risk management in Cryptocurrencies investment, investing in Bitcoin should not be solely based on such principles. It should just be a little bit of a friendly advise for anyone who's new into the crypto space and is obsessed with the ideology of making huge profits from investing in Bitcoin.

However, investing in Bitcoin is not just all about putting in a sacrificial amount of money, but putting in a lot of efforts towards understanding the market volatility, strategic investment and portfolio diversification. Instead of focusing on a single portfolio, building a diversified portfolio during investment is key to managing risks that could emanate from a failed investment.

The volatility of the crypto market is also one aspect that many people fail to manage properly, due to their fear of being lost out of a particular trade or investment, they end up investing a huge capital on a needless investment with unrealistic expectations, resulting to disappointments in the end.

Ultimately, the amount of profit you should invest in Bitcoin is totally up to you as an individual to decide. Like you spare out some percentage of your profits into your savings account, so you can spare some percentage of your profit to your investment account in a bid to secure a financial independent lifestyle as an individual.

In a bear market that lasts for a long time, not several months but a couple of years, price naturally drops with time. It's bear market, and if price does not drop a lot, and in a long period, it's not called as a bear market.

You don't need to hope that price will drop in a bear market, it certainly happens.

You only have to hope that price will drop back to price you refused to buy previously, but in a bull market, the more bargains and more hesitation you make, the more missing opportunities you will have.

from what I see, OP seems to be hoping for a price drop in a bear market. he will wait for that situation to get a better price. but OP should have anticipated how much of a drop he could get and he should have a target purchase price if he wants to go All In with the allocation that has been mentioned.
some investors will definitely recommend using DCA where investors can buy Bitcoin gradually at a good price. what needs to be known is that Bitcoin investment will produce quite well in the long term. unlike trading Altcoins which allows for good momentum to gain profits in a short time.

That is the best way to reduce your risk in bitcoin. You should invest money that you can afford to lose because if the market does not go well, you will not feel it as much as someone who invests a large sum, because some people just invest because they hear about the huge benefits, and they do not consider the downside. So, when investing in any coin, keep in mind that the market is unpredictable, and you should invest only what you can afford to lose or risk.

Bitcoin is a good investment, and if you want to invest for the long term, I believe you can invest a lot of money because, in my experience investing in bitcoin, I have seen bitcoin increase year after year without decreasing, so if you are patient enough, I believe you will benefit more if you invest 70% of your profits in bitcoin. Altcoins can make you get profits if he go well, and that is how the coin decreases dip, so if you invest in altcoins, make sure you have bitcoin in your wallet, because it is the only currency that has not decreased dip like altcoins. You should think carefully before investing in any cryptocurrency.

First of all, it all depends on what you actually want as a person, like are you a long term investor or a trader?
If you are actually a long term investor in Bitcoin, then I would advise that their is no better time to buy Bitcoin than now.
 What you just have to do is to utilize the DCA accumulating strategy, which is buying Bitcoin bit by bit either weekly or monthly regardless of it present price, and before you will know it, you may have accumulated a very good stash of Bitcoin, because the stash of Bitcoin in your possession determine how profitable you might be in the future, so since Bitcoin is an asset that appreciate in value overtime and with it huge potential it might skyrocket to a million dollar in like 10 to 20 years time from now, so the DCA method is the best if you are holding for long term purpose.

But if you are a trader that buy and sells at any slight increase in the price of Bitcoin, then you can utilize this approach you are talking of, but take note that this kind of approach wouldn't have much impact on your financial status forever, unlike when you buy and hold for a very long period of time, but it all depends on you and what you want though.

Invest what you can afford to lose OP, because many investors have taken such risk in the past but they lose everything while those investors that invested what they can afford to lose succeed at the end, because they understand how the decentralized investment work before investing. Since you are making income from the altcoins why can't you continue investing on the altcoins, because you are making income from it, show that the altcoin is among the potential altcoins that is bringing income to their investors and traders. For you to invest the funds on USDT, I will advice you to invest them on Bitcoin and hold for long term, because that is the best strategy to make huge amount of income from Bitcoin investment which I know you will definitely succeed from Bitcoin in the future.

There is no need to convert your altcoin to a stable coin like USDT, you can continue to buy btc as you can. There is no need to worry yourself about The best way you can invest in BTC. keep buying btc by applying the DCA method every week or month depending on your level of discretion. If you are worried about the amount to invest in bitcoin, then you can think of investing %10-%20 of your monthly income into bitcoin. Just invest the amount you can afford or comfortably spend without any regrets and should be an amount that is not needed for a long time and not an amount for imidiate use.

I think your strategy depends on your risk tolerance, investment goals, and how you think Bitcoin will perform in the future
I usually keep 20% in Bitcoin as a long-term holding, and 20% in USDT to re-enter on dips. I re-evaluate my strategy regularly based on market conditions.
If you're unsure, dollar-cost averaging (DCA) when Bitcoin prices fall may reduce the risk of poorly timed decisions. Your current practice of regularly withdrawing profits and reinvesting a portion in Bitcoin is already serving you well; you may just be adjusting your allocation to suit current market dynamics. 

Can you explain why Buying BTC is a risk 

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.

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.

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.

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.

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.

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.

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)