@OP can still buy Bitcoin with his profit. But before he decide to buy Bitcoin, he need to know the right time to buy so he doesn't have to buy when the price is at a high price. The current price still be good to buy because Bitcoin gets correction although we don't know how long the situation can change. Although the market now is back to the green candle, that doesn't mean the price can still increase and back to $99k. But yes, it is better to buy Bitcoin when the bearish time so you can gets more Bitcoin.
Maybe you can try to makes more and more profit in USDT and hold that USDT until the bearish market comes. That will helps you to buy Bitcoin in a low price at that time.
Topic: How much money from my profits i should put in bitcoin ? - page 4. (Read 1344 times)
Actually very good initiative from OP have decision spending profitable from trading in altcoin and invest in bitcoin, its very interested way how to make long term investment trough bitcoin and make around 10% to 30% allocated for investing.
Looking forward with bitcoin price right now have increasing drastically and reach almost $100k seems scary accumulate our profitable in altcoin put in bitcoin, but if want to be long term holder and profitable earn from trading very good way allocated around 10% for investing in bitcoin.
For every trader have small spending for daily day is better way allocated much amount for investing in bitcoin, hold today and earn much profit later exactly as long term holding have bigger opportunity to earn much profitable from bitcoin investment.
Looking forward with bitcoin price right now have increasing drastically and reach almost $100k seems scary accumulate our profitable in altcoin put in bitcoin, but if want to be long term holder and profitable earn from trading very good way allocated around 10% for investing in bitcoin.
For every trader have small spending for daily day is better way allocated much amount for investing in bitcoin, hold today and earn much profit later exactly as long term holding have bigger opportunity to earn much profitable from bitcoin investment.
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
if you want to accumulate your bitcoin, is better for you to accumulating your bitcoin instead of you to convert to usdt, because bitcoin is getting increased daily, once bitcoin is accelerating in price, is obvious that the value of bitcoin you hold will continue to increase in value, so I know that bitcoin will always increased, as investor it's advisable for you to convert bitcoin to usdt when the price of bitcoin you have is depreciating in value not when bitcoin is increasing in value, so that what I want you to understand, buying usdt now will not be a helping hands for you, rather plan to accumulate your bitcoin. 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
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
In any investment especially related to cryptocurrency, your one instinct and choice is always considered first and not peoples opinion to give you investment guide.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
It is not too late to buy Bitcoin even if the price of Bitcoin hit $100k today because we are expecting a bright future ahead for Bitcoin.
Since you are an experience trader, you can use the 60-70% you wish to invest in Bitcoin and hold the Bitcoin in your personal wallet you will have the private key in your control, and if you have more profit in your trading and still wants to buy, you can always buy using DCA method to open up enough Bitcoin in your portfolio.
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Well in my own opinion I think this is not the right time to buy bitcoin reason been that the price of bitcoin is very high now, you don't know if it still have the potential to increase more than this. This is why you don't need to invest in bitcoin right now, you can wait maybe when there's a deep in the price of bitcoin then you can decide to buy, because by then it will be somehow cheap for you.
Cheap? Bitcoin is always cheap if you understand the technology you're buying. You're giving a wrong advisor right there because you're speaking like a trader and not an investor.
An investor doesn't wait to buy but they buy and wait because their investments isn't for the short timeframe but for the long term. Investors don't calculate their profits in hours/days or months but in years. The best investment rewards you in the future as it provides for you when you don't have the capacity to work anymore.
Bitcoin investors didn't make profits for the first few years but soon they'll be getting more than $100k per Bitcoin that they have. In the future that can be worth $200k too or more, so you aren't doing any wrong buying today.
Well in my own opinion I think this is not the right time to buy bitcoin reason been that the price of bitcoin is very high now, you don't know if it still have the potential to increase more than this. This is why you don't need to invest in bitcoin right now, you can wait maybe when there's a deep in the price of bitcoin then you can decide to buy, because by then it will be somehow cheap for you. However I think the choice is all yours because no one knows if bitcoin is going to do more than this, if you also want to take the risk to buy bitcoin now I will advice you use like 20percent to buy bitcoin, and then you can also use the remaining balance to buy USDT so that should incase play A fail I'm pretty sure that plan B is not going to fail as well.
If this money is only for bitcoin, then it is better to keep it in stablecoins and wait for a better price to buy. I think that bitcoin has reached a phase where it is too late to buy, the price is too high and buying at such a high price you will increase the average price of your bitcoins.
How sure are you that the bitcoin price is going to drop? If the OP is planning to hold bitcoin for a long-term investment, then he can just start investing gradually, he can make use of the DCA strategy and start accumulating gradually, but if he is a short-term investor, then I will recommend he take his time to do analysis before entering the market. I know bitcoin price has increased, but I won’t say it’s already too high for investors, the bull run hasn’t even started fully, and even after the bull run, bitcoin still continues, so we are still going to keep on holding bitcoin. The only people that are supposed to be careful currently are the traders. 
Since I do not know the exact amount of profits you have been making through altcoins trading, I do suggest you invest on Bitcoin now that Bitcoin haven't reached $150k. One thing that made a lot of people not to invest on Bitcoin is because they always thinks that Bitcoin price is always high and they could not afford to invest in it now, and they put in back of their mind that Bitcoin will go down to 15k or 30k. Well, I do believe that but now that it's not too late to get started on Bitcoin investment because you still have a lot of opportunities to grab. Bitcoin will go above $100k, so now that it's still @98500k you just need to invest with every profits and capital you have because every profits counts.
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
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
If this money is only for bitcoin, then it is better to keep it in stablecoins and wait for a better price to buy. I think that bitcoin has reached a phase where it is too late to buy, the price is too high and buying at such a high price you will increase the average price of your bitcoins. In addition, after such a big growth, a correction may occur, and if you want, it is better to buy on the correction, I think that buying now is not the best decision, but if you expect that bitcoin can do another x2 or more (which I doubt), then you can continue to buy.
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
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
For now, the bitcoin market is already high and buying now may not be that profitable sooner except if you might be interested in holding it for years, also, i cant advise that all asset be left on the same coin, but you can always diversify, i don't think there is something too wrong with what you're doing from the way of the look of it, your initial pattern is well to do and ok, since it has been working for you ever since you're using it, all i could say is to keep it up.
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
When you said that you putting 70% to 60% into Bitcoin we will like to know how much is the equivalent of that mentioned 70% because in Bitcoin, to make good profits it depends on how much volume of Bitcoin you holdings and at which Price you bought them, but from the look at thing's, it seems that you are involved in DCA practice, but then continue that way depends on you aim and desire from your investment and what the pressure to diversify your investment portfolio and how much you accumulated so far, all of this is what make up for your decisions.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
So instead of asking us as a forum I think you should rather ask yourself the question and taking into consideration factors that are related to you individually.
USDT will not give you any benefit other than feeling safe from fluctuations but since USDT is centralized you have to be careful so I think buying Bitcoin from your trading profit is much better than USDT, but you still have to consider every risk because profit in Bitcoin investment depends on patience to hold it longer.
That's very correct. If he's making profit from his trading and needs a safe landing, BTC will be more preferable over the USDT, especially if the Op doesn't just buy it and keep it on their exchange account but withdraw it over to their private wallet, where they can have full control over it.But if it's just a small amount, it can still be saved on USDT since it can easily be spent from there without any problem, and tether won't go through the stress of freezing a wallet with a small amount.
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
I will not give you any financial advice, but will try to fantasize on this topic with your background information.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
I would split these 30-40% into 2 halves.
I would buy bitcoin for the 1st half, now, despite the high current price. And I would exchange the 2nd half for cash (but not in the form of local currency) and would wait for a strong drop in value or a bear market. During which, in turn, I would start buying up bitcoin.
Why wouldn't I keep it in USDT? Because it is unknown what fate awaits this coin tomorrow, and quite a lot of time may pass before bitcoin falls. Dollar, in turn, remain a reserve currency and this will not be "cancelled" right tomorrow.
The advantage of this method may be that you will have cash on hand (in case of emergency) and will not have to exchange bitcoin at an unfavorable rate that may arise.
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
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
(not a financial advisor) by the way the habits you have are very good because you set aside the profits from the trading you generate to buy bitcoins periodically, well even though the price of bitcoin is currently continuing to rise, it doesn't mean you have to abandon your habits, keep what you have started but if you plan to buy at a lower price then you can convert it first to USDT, I'm sure you have made the best decision.
USDT will not give you any benefit other than feeling safe from fluctuations but since USDT is centralized you have to be careful so I think buying Bitcoin from your trading profit is much better than USDT, but you still have to consider every risk because profit in Bitcoin investment depends on patience to hold it longer.
I think he's about to prepare if ever he wants to hit that buy button for BTC as soon as he thinks it's already priced in and he wants to accumulate it. Now, this goes where most of the people asking if they should buy Bitcoin. At this moment, only you can answer that because Bitcoin is about to get into $100k and who knows if soon that will be the support that everybody is going to be in favor of, those that have been holding for a very long time. Those that have talked about buying it but then thought of it as expensive already, repetitions of that thought will come again and only you can define when you should have bought already. Regret is going to be inevitable if no actions done.
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
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
It depends on how long you have been using that percentage from your profits to invest in bitcoin and how long you intend to hodl, so if you actually have long term investment plan for your bitcoins then i will say you should continue buying with same percentage from your profits but you should know that after this bullish trends of bitcoin, there will come a bear season when the price will fall, and you will not be able to sell your bitcoin because if you do that you will be selling at a loss price. Another thing is that i don't know if you have already gotten a sizeable portfolio from your investment so far, if you have then you can be buying USDT and keep since it is a stable coin then when the price of bitcoin falls it will be easier for you to buy bitcoin and it will even make you not to consider selling your bitcoin at any time because if you run out of cash you can immediately sell the USDT to get Fiats which will be better than selling bitcoins.
It's entirely up to you on what you decide. You can also done what you have been doing all this time or you can wait for the price to go down before you buy. If you prefer to accumulate more then you should do DCA until you are satisfied on what you have accumulated during that time. I am aware that you are looking for ideas but as far as I can say, i'd say you do what you did as long as you earn profit then it's a good decision to make unless you didn't earn profit.
USDT will not give you any benefit other than feeling safe from fluctuations but since USDT is centralized you have to be careful so I think buying Bitcoin from your trading profit is much better than USDT, but you still have to consider every risk because profit in Bitcoin investment depends on patience to hold it longer.
I think he's about to prepare if ever he wants to hit that buy button for BTC as soon as he thinks it's already priced in and he wants to accumulate it. Now, this goes where most of the people asking if they should buy Bitcoin. At this moment, only you can answer that because Bitcoin is about to get into $100k and who knows if soon that will be the support that everybody is going to be in favor of, those that have been holding for a very long time. Those that have talked about buying it but then thought of it as expensive already, repetitions of that thought will come again and only you can define when you should have bought already. Regret is going to be inevitable if no actions done.
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
I think when it comes to investment no one can decide for you how to invest your money, if you don't know how to invest your money and you are seeking for the opinion of others it means you are not yet ready to invest. 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
You seeking for opinion of others, many people will come with different opinions good and bad. Make your research, have good understanding, I'm sure you will surely know what you would want to invest your money. The only thing I can say is , so far as digital currency is concerned bitcoin is the most valuable and reliable to invest, it is up to you to do your own research to know and to compare which is better for you to invest.
USDT will not give you any benefit other than feeling safe from fluctuations but since USDT is centralized you have to be careful so I think buying Bitcoin from your trading profit is much better than USDT, but you still have to consider every risk because profit in Bitcoin investment depends on patience to hold it longer.
I think he's about to prepare if ever he wants to hit that buy button for BTC as soon as he thinks it's already priced in and he wants to accumulate it. Now, this goes where most of the people asking if they should buy Bitcoin. At this moment, only you can answer that because Bitcoin is about to get into $100k and who knows if soon that will be the support that everybody is going to be in favor of, those that have been holding for a very long time. Those that have talked about buying it but then thought of it as expensive already, repetitions of that thought will come again and only you can define when you should have bought already. Regret is going to be inevitable if no actions done. Jump to: