I'm now all in BTC. All eggs in one basket! - page 10.

ILuckyGuyI

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Quote from: virtualdn on May 09, 2021, 02:47:49 PM

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

You could have bought some ETH also. Because it continue to increase at a really high rate. And it doesn't seem like it will stop anytime soon. I guess we will see $5k at least. However, buying Bitcoin and HODLing it is always one of the best options too.

Chato1977

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Quote from: ccnets on May 12, 2021, 04:17:04 AM

I am very impressed by holding it since 2013

You can do it also mate, start Buying and holding now then after 8 years when Bitcoin becomes Million dollar value.
You wont be impressed for him but you will be impressed for your self.

ccnets

newbie

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I am very impressed by holding it since 2013

grabpopcorn536

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Bitcoin is always a good investment option. We can see that Bitcoin's value has been steadily increasing since the advent of Bitcoin. The altcoins appear and increase in price because of the trend but then they will be withdrawn and poured into Bitcoin again.

Lorence.xD

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Quote from: sumant on May 11, 2021, 11:50:33 PM

Putting all eggs in one basket can be good or bad in both ways. It can be risky on other hand can be great profit. There will be some profit if you put coin like btc in one basket because btc has been limited supply with great marketcap so it will be profitable.

If you are so sure about the basket though then it will be good for you, I mean OP did put all the money on bitcoin and bitcoin can grow really easy in terms of prices. It is risky if you have no knowledge or the investment isn't sure to bear big profits in the long-term.

bayudndy

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Quote from: bayudndy on May 11, 2021, 01:37:02 AM

I think OP is having a somewhat unintelligent strategy at the moment, because if you have a lot of evil up until now, you should also consider protecting the achievement and waiting. Next opportunity from this market. My goal is to sell off all the BTC I bought before when it reaches $70000, and wait for another opportunity to buy it back.

OP have different point of view might possible that he's seeing potential from this coin and he's willing to go all in and take all the
risk and face whatever consequence is waiting for hs investment.

There are many different ways of investing and like what you are doing, believing into something that you are anticipating is good
sign that you are planning ahead and waiting to achieve your goals.

Agree with you, it also depends on each person's position in this field.
Given my current position, I would prioritize safety over taking a risky decision.

sumant

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Putting all eggs in one basket can be good or bad in both ways. It can be risky on other hand can be great profit. There will be some profit if you put coin like btc in one basket because btc has been limited supply with great marketcap so it will be profitable.

LogitechMouse

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I know that putting all your eggs in one basket seems a little bit risky but when it comes to Bitcoin, I don't think that it is that risky compare to other altcoins and shitcoins out there.

The only risk that I'm seeing in Bitcoin is the volatility which is we already know and I knew that we have created a strategy against it already. OP also said that he might sell a small percentage of his holdings by November and I'm planning it already or I might do it earlier (by around August - September).

As for me, I will sell a portion of all of my holdings and convert it into cash so that I have some buying power when the bear market comes. I will also keep a portion of all of my holdings for long term (currently holding BTC, ETH and BNB).

johnwest

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It depends on your strategy and risk factor. If you are hungry to increase your portfolio then you have to take risks. It doesn't matter how much, you can start with just 5%, research on coins, and buy in small quantities. It is definitely riskier than how people think but it is necessary to increase your portfolio. If you don't want to take any risk then holding will be the best way for you. I have more than 70% of my portfolio in alts and 30% in BTC ETH and BNB.

samsul1234

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Quote from: virtualdn on May 09, 2021, 02:47:49 PM

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

hello sir, yes what you are talking about right now is the same as me, so do I. Sir, I am still hoarding my BTC from 2017, it is a bit risky but what can I do, I agree with you, for now I am not interested in any investment, if you are going to sell a small piece in november, if i probably won't sell it i will hoard it little by little to plan for the future

Kabul

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That is a wise decision. You do not have to do anything else while holding bitcoin because it is the strongest cryptocurrdncy in the town. I hope i was able to realize how valuable bitcoin would be so that I would amass and hold it for years

gribalenfeksiyon

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I have learned that in this market, never to make a single investment. They have always told me that it is risky to put our money in one area. I have always respected the opinions of experienced people from me and sometimes I did not apply it and learned by experiencing the harm it has done to me. it cost me dearly. but I hope it won't do you any harm. Making a single basket will be risky, but you might be lucky as bitcoin is a safe domain.

pixie85

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Quote from: hitsnorth on May 11, 2021, 09:04:56 AM

Well, i have not much but i'm hodling 50% in BTC, 30% in ETH and other in few altcoins. I'm not so brave to hold all my invests in BTC.

I hope you will realize in time that if you're afraid of a sudden crash and bitcoin does crash, your altcoins will crash with it.

If you hold bitcoin, buying altcoins with some of your BTC will not save you from a bitcoin crash. It's the other way round, it will increase your risk because altcoins always drop more than bitcoin in a bear market.
It always baffles me why people don't know about this before they start to diversify their portfolios.

mamiko

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If you really want to invest in a guarantee, it might make sense to have all of your money in bitcoin. but if it were me, I would not invest in a single coin. Although I think bitcoin will be valued much more in the long term, I would keep some of my money in altcoins and try to double my money in the short or medium term. but everyone's investment is different. best wishes. plenty of earnings.

finaleshot2016

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Quote from: virtualdn on May 09, 2021, 02:47:49 PM

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

IMO, the one and major coin you should invest is bitcoin, most of the altcoins were affected by the BTC market. It's your strategy, and I'm guessing you've thought it through thoroughly before throwing everything in. Also, because you've been investing since 2013, you're one of those investors who got in on the ground floor, so it's not a problem if you put all your eggs in one basket, particularly if they're golden eggs.

It's BTC, many huge investors will gonna put more money on it, just wait and HODL.

Woodie

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Just for your information, when it comes to crypto investments, you need to know that despite bitcoin being at the top it's not always the best choice to go for. Of late if we pick a few random coins,okay not so random say compare bnb,eth and bitcoin, you will find that bitcoin wasn't the best best among these coins but if you still want bitcoin atleast spread your risk to avoid losing everything at once.

Alert31

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Quote from: virtualdn on May 09, 2021, 02:47:49 PM

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Well, let's wait what will happen in the future. If bitcoins dump too much then I think you will regret putting all your eggs in one basket but if bitcoin continue to surge high and reach your target value, then you are lucky. You also know that investing all your capital in just one asset or coin is not a good idea and very risky but you still did it, you're so brave and risky person.
If I were you, I will divide all my capital in different altcoins and half of it will be in bitcoin. Well, that's your strategy and I hope you will get what you want in investing all in bitcoin.

capitan_rocotan

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I'm hodling.

Alucard1

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You mean you already have bitcoin since 2013 and never sold any of it until now? Seriously? You are really a strong hand, you did a great thing in your life as you don't even tried to sell some of your bitcoin if this is only true, I would sell maybe 50% of my bitcoin to buy a house and lot, car, and start a new big business. You are already holding a huge amount of money, I wonder what is your plan by still holding all of it and not even sell some of it.

hitsnorth

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Activity: 145

Merit: 1

Well, i have not much but i'm hodling 50% in BTC, 30% in ETH and other in few altcoins. I'm not so brave to hold all my invests in BTC.

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