Topic: I have $150,000 US dollars and my target is a 10x gain. Stop me going all in now - page 2. (Read 814 times)

1. It could happen, because bitcoin is still relatively new, there are still few institutions that come in.
However, bitcoin this year is well known to the world.
2. Bitcoin will usually be more pronounced in the long run, I do not understand about long-term trading
You'll understand better.
3. Using free funds in trading is the best thing. Greed makes us lose all our assets, I think
150k is a good thing to start with
4. I often see the division of assets is 75:25, 75% is the holder, 25% to pursue bitcoin or the other way around.

The forum doesn't have an awful lot of maximalists now. In fact, if you go through the older posts on the forum, you'll see that the maximalist breed wasn't really part of the evolution. Maximalists you see on crypto-twitter are mostly reactionaries to the blocksize-wars. In certain cases, they even have outright corporate affiliations; like Samson from Blockstream. Experiments in Alt-coins have been going on for a long time and nobody in their right mind can say with 100% certainty that financial implications of crypto would be limited only to Bitcoin in the long term.

Having said that, the difference as you say is, indeed, about personalities. Bitcoin attracted the best and the brightest in its initial days. Alt-coins on the other hand gave birth to the phenomena of free-loaders and bounty-hunters. The community in Alt-coin is therefore filled to the brim with people from third world countries trying to earn money by any means possible. While it started with simple, genuine freelancers; the stories of people making 100X of their money in freely distributed Alt-coins (Ether for example was a few cents in the ICO) has led to a sort of gold rush where everyone from a shovel guy to the ones with automated bucket excavators are in a race to pump their own coin through marketing (mostly social media manipulation). This has also led to proliferation of copycat projects whose only purpose is to somehow gather seed money. Marketing is provided by the afore-mentioned bounty-hunters looking for a quick flip. The crypto influencers on Youtube and twitter (mostly from first world countries) have taken this to another level. These factors make it extremely difficult to find a genuine project in this wasteland. Its the reason that even though people in the Bitcoin section aren't all maximalist, yet they have suggested to allocate anything from 60-80% of an outright fiat investment into BTC and not Alt/Shit-coins.

Most of this explanation is obvious to the people commenting here but hope this is of some help to you.

Besides this, My personal experience with the DeFi aspect of Alt-coins tells me that they have disruptive potential, at least in the short term (2-3 years). Don't go looking at the plethora of " DeFi farms" springing up everywhere. If you have time before deciding on that investment, I invite you to read a thread that I started about one of these DeFi projects called BarnBridge. You are welcome to ask questions in the thread and join the discord from the link. Ask for me if you come over to discord. There are plenty of people there willing to show you how deep the rabbit hole goes. Just make sure not to engage with people asking for money or sending you links via DM. This is a terribly scammy space for newcomers and has every imaginable psy-op designed to part you from your money. For the curious and meticulous though, it is a whole new world.

Investing in Bitcoin is the best thing that you would do with you money.
Although crypto is highly volatile, but it is expected to give you more than 10x returns in 10 years

Do not invest all your money in one go, I would suggest you to buy 10% now and 10% next month. If price fall during this period, you can buy more.
Yes 33% alt and rest on BTC os good strategy.
Go for eth, ksm, trx, dot in Alt.

If we wait for the price to be higher, even 2x for me, it is very difficult and can be categorized as holding the long term will be better because they want to gain many times the invested capital.
There is no need to wait long when there is a movement, the short term is better and this will happen many times and it's true that bitcoin is now fluctuating with a brief correction and then recovering, now with that moment it can be utilized well, even we can play in the short term with this it will be quite what you imagine.
We also don't know when bitcoin will hit the ATH $ 70k unless we wait for it to be difficult. We don't even know what the truth is, so going short is much better for now.

I recommend rarely all investments in Bitcoin you can start with 40% altcoin 40% bitcoin and the remaining 20% for day trading to fill your spare time in your retirement

I was curious about your interest in altsignals https://bitcointalksearch.org/topic/is-altsignals-on-telegram-legit-5329926 so I checked your other posts and now I'm here.

I would also like to add that Ethereum's future depends on the success of Ethereum 2.0 and probably EIP 1559.

I think the rise to over $2000 was also due to the fact that people are buying more ETH to pay high gas so they can join the DeFi and NFT insanity.

The reason should be obvious.

That's a nice amount to invest, but i feel you are making a mistake by making from the time the goal, you should chase a certain amount of profit to cash out. If you buy at $60k then you could wait until it hit $70k and then sell.

It's a big mistake to chase an x2 or something big because in the way bitcoin will go up and down multiple times, and you can win a small profit in each of those moves. So, play the short for small profit but win multiple times.

If I were you I will go all in for alts you have a huge amount of funds holding and altseason is already here I cant suggest to buy btc if you want to earn fast alts can give you 20x - 100x of your current funds investing in a real projects I saw recent alts from IDO that gives 100x in a $300 investment in past few days. 

Ask the old timers in Bitcoin and they just might have the good answer for you - Trust the system. They have trusted Bitcoin when it was still cents to a piece. They have trusted it and waited for 11 years to see it succeed. So I think do what everybody else here do with their Bitcoins, just keep on holding them until you feel that the price is worth for you to get a profit from. Some are technical, like you, but most are everyday joes who trusted the system and somehow got some neat profits.

usually people say things they have heavily invested in are the "best". there were even people here who pationotely argued that gold is the "best" and bitcoin will never reach parity.

what you need to do is to study each option yourself. for example try downloading and running an ethereum node (not its simplified light wallets but the full node as you would in any supposedly decentralized cryptocurrency). try sending and receiving some coins.
check the economy of that coin (inflation, supply, premine, bugs, roll backs, scams,...).
you can also use bitcoin as the reference. for example compare bitcoin supply with ethereum supply. bitcoin cap with ETH cap (or lack of cap) and so on. then decide if it is a good long term investment or not...

Crypto is not about easy money at all. Only enter that amount that you dont afraid to loose and never trade loans money

Ethereum has dropped more than 90% too in the past. I wouldn't call that "safe"

Don't forget that everyone has "an agenda": when a banker tells you Bitcoin is a worthless scam, they have an agenda. When they tell you Bitcoin can go up to $400k, they have an agenda. Crypto is much easier to manipulate than stocks.

Wow thank you for all of the advice so far, I welcome it.

Having posted in the alt-coin forum here (I'm still pretty convinced that ETH at least will be around for a long time and is very safe for a cryptocurrency), I am getting mixed signals.
The alt-coin forum seems to think that bitcoin will not be the only winner, even long-term. There does not have to be one currency to rule them all, just like in the real fiat world.  Yes, the dollar is pretty dominant, but there are many others.

I wonder if this striking difference of opinion reflects personal experience or personalities (risk adverse people flock to the bitcoin forums, risk-tolerant types hang in the alt-coin forums)

I would put everything in BTC, I would have no doubt about it, the alts are a good decision, they can give quick profits but in the long term Bitcoin is more reliable, it does not matter if it falls in price, rises over time, do not despair You just have to know how to wait and if you wait that long it is enough for you to see extreme greatness.

Yes, sure. Most of us in this forum believe that Bitcoin will be much higher than $300k in the next ten years. If you stay for a while in the forum you will see it and will see the reasons why. There are also many people who have had Bitcoin for a long time, and have multiplied their holdings by much more than 5X.


DCA is simply to stay calm. If you can psychologically withstand a sharp drop in the market, better lump sum, if not, DCA.


Not at all. If you hear Michael Saylor, you will end up doing that and taking a mortgage on your already paid for house to invest in Bitcoin, but I think you have to apply a precautionary principle and diversify, no matter how much most of us here believe that Bitcoin will remain the most profitable asset over the next decade.


Fuck shitcoins! If you want to diversify a little, put like 90% in Bitcoin and play roulette with the other 10%.

Having 9 years of experience in cryptocurrency sector, I would like to point out two things (which you may or may not listen to). First of all, going for long term hold doesn't mean that you need to hold 100% of your coins until 2031. You should be having incremental targets and small amounts of coins can be sold once these targets are achieved. And secondly, I am not a big fan of altcoins from my experience with them during the last decade. I would suggest splitting your investment in a 80-20 ratio (BTC - 80%, alt - 20%), or even a 90-10 ratio. While investing in altcoins, always go for coins that have real life usage and high liquidity.

Possible to get 10x or even more. It's not something you can't reach since you are talking about crypto and more specifically bitcoin. Weeks ago my friend started with a few bucks and I got more than 30x by only trading bitcoin. You can have your own strategy and stick to it. For example, if you want to buy and sell bitcoins weekly/daily to increase the number of your bitcoins that would be very much risky but if you want to just hold bitcoin and aim for the long term you can have safe profits in long term. Generally, I suggest you to have a plan and stick to your strategy that's how the market gives you the reward.

There is absolutely no problem having a high risk portfolio, but your exposure to high risk should not exceed 30% of your total portfolio. I would never give anyone advice to tell them to go "all-in" on Crypto currencies on their whole portfolio, because that would just be reckless.

This coming from someone who invested 30% of my investment funds in Bitcoin when the price was still $300+ ..... my gains since then has been phenomenal and I will never regret not going in with my whole portfolio. (The urge to sell, grow when you risk more... If I did invest everything, I would have probably exited years ago)  

Be responsible ..... Go 30% and no more, sell and profit and buy more then.  

Allow me to add a warning here: don't believe anyone who tells you an investment is safe! There is no "safe" on the stock market, and there definitely is no "safe" in crypto!

You will obviously get different takes on this one especially here on this forum. Since you are planning to hold for a long time, I would say put 80% to BTC while 15% to high cap altcoins of your choice and 5% to mid caps. I have a few of them in mind but I would rather let you look into them.

If I may add, you could also play with altcoins for short term and move them back to BTC (making your port 100%). Many altcoins are performing better than bitcoin in USD value and also doing well against BTC but that trend won't last long. It could end in six months time.