Topic: I'm now all in BTC. All eggs in one basket! - page 12. (Read 3164 times)
I don't know if I understood correctly, are you in bitcoins since 2013 or bought with all your money this year? However it is not a good decision to stay in one crypto only when there are many newcomers which are highly profitable. For example, safemars, safemoon, shiba inu, akita inu and various other coins are the ones that gave very good profits compared to what btc gave (I am speaking about this year only).
Btc is the most strongest and safest investment when it comes to crypto, I agree it is equally highly volatile but you can't go wrong by going all in on btc, if your goal is long term, I would say don't worry about occasionally dip and focus on the target, as long as your btc is securely stored in a safe place, you can decide to take a break from the market, history have shown that btc always recover and surpassing previous ath even when it dump.
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?
My plan is going against you, my Dyor shows that ETH is on a good track to continue to stick higher at the $ 5k anchor. It gained consistency from good weather, news backed couldn't have been more wonderful to shine. BTC correction will probably cause further dumping. ETH can go against the trend as Doge has shown.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?
I dedicate all my love to ETH right now.
To be honest, it was a good move in my opinion. We know that for a long time putting all eggs in one basket isn't good, but if it's Bitcoin then all good. The reason is once Bitcoin starts dump then all other coins start dumping as well. So, I don't feel any problems holding Bitcoin. Some are suggesting Doge, but it's quite a risky coin. All altcoin depends on Bitcoin movements. If you aren't wondering to trade then just stick with what you decided. If you follow suggestions from the forum, then you will be more confused.
you are about the same situation like me. i am also almost all in BTC, about that time or a bit earlier and later also got some btc's and haven't sold at 2021 end ATH. this situation is much better than the reality for some people that bought many bitcoin soon when prices were in the 5-digits. however I plan to sell all my coins this time about end of this year when I believe we will reach this cycle ATH. will buy back in 2-3 years price dip. hope situation is similar to previous cycle patterns. anyway you are not wrong for now but will not have to hold forever. this is not wise move.
legendary
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Leading Crypto Sports Betting & Casino Platform
You are asking for our plan, on what exactly? Holding bitcoin and some altcoin will not be considered a stupid move or take and also all into bitcoin will not be considered risky too It all depends on whatsoever you believe will yield more profit at the long run
he is proud of his achievement because Bitcoin is really going crazy right now, even beyond human common sense. He dared to tell this story because he enjoyed the profit, whereas we don't.
Your investment model is indeed profitable, but it will be even more profitable if you own DOGE in the same year and sell it now.
You can make two baskets if you want to have a bigger profit than you are proud of.
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?
Yes, in any case, keeping money in one cryptocurrency is very risky. Sometimes the risk is justified, as in your case, sometimes it is not. So far, however, bitcoin has met our hopes. But I would not advise taking risks in this way and further. Cryptocurrencies are changing very quickly. We cannot guarantee that bitcoin will continue to rise in value for a long time to come. Still, it will be better to distribute funds in the future to several potential cryptocurrencies.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 are asking for our plan, on what exactly? Holding bitcoin and some altcoin will not be considered a stupid move or take and also all into bitcoin will not be considered risky too It all depends on whatsoever you believe will yield more profit at the long run
Only have small amount of BTC, only around 0.002x BTC but that is what have for now. I think i will hold BTC no matter what happen. Maybe people will say, "you only have small amount, so not worry about bitcoin price dump". Nut 0.002x BTC is money too and it is really worth for me to hold it that is why i holding it for now.
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It is Bitcoin. I would say it is riskier to put your coins in other coins if you're already more into Bitcoin.Did that in 2017 and I diversify my BTC in different altcoins. The year when almost ICOs starts to disappear. Seems like a bad move for me, hope that other won't experience the same as mine.
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?
I dont have much BTC but I wish I did and Investing all in Bitcoin for me is not a problem. The only reason I didnt invest everything on Bitcoin is because the bag is small it would be more nicer to also put more of the funds on Alts and rack but the time for all in Bitcoin will come. 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?
hero member
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Leading Crypto Sports Betting & Casino Platform
My plan this year still to diversify and take as much profit as I can. As I see this year, many altcoins can rise together, although the time to increase will not be the same. While diversifying in the altcoin, I still try to save bitcoin from trading and hold it for more so I can sell it for the next ATH, which I think can happen this year. I do not put it on one basket because this year, we have many opportunities to profit from many altcoins so if we can have many potential altcoins, that can help us get a big profit.
All eggs in one basket is not the best plan in my humble opinion. For example, bitcoin falls by several percentage points when I write this post, and etherium turnover shows an increase of 0.5% If you have coins from at least the TOP-5 in any shares, it will insure you against the fall of any individual of them. Whereas if you only have one thing - the risk will increase, although the potential profit will also. The question is, do you need this risk or not?
All eggs in one basket is a saying people use to describe investment in 1 area.
Both altcoins and bitcoin are in the same area which is cryptocurrency.
I wish people would stop using this term to lure bitcoin owners into buying altcoins.
IMO you did the right thing OP. You should never invest all your money in 1 thing like spending everything to buy bitcoin. Better buy some stocks, commodities, real estate and bitcoin.
That said, if you have some money in bitcoin don't break it into some altcoins because they could go up more than Bitcoin like Dogecoin did. By doing it you're betting on a random event. It's more gambling than investing.
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?
Yes, in any case, keeping money in one cryptocurrency is very risky. Sometimes the risk is justified, as in your case, sometimes it is not. So far, however, bitcoin has met our hopes. But I would not advise taking risks in this way and further. Cryptocurrencies are changing very quickly. We cannot guarantee that bitcoin will continue to rise in value for a long time to come. Still, it will be better to distribute funds in the future to several potential cryptocurrencies. 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?
For me putting all eggs in one basket is so risky. However, if that is Bitcoin, I don't think it is so risky than some vast of Altcoins. The only risky now is the price fluctuations. However, is the price in November will become crazy. Then holding Bitcoin is a Wise decision.
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?
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?
That's a very risky proposition. I know bitcoin has shown extreme upside since last few years, but there arr coins which have outperformed bitcoin as well in terms of growth. However, having no diversity in investment can bring bad fortune in tough times.
So I will always advice to have some real world investment besides bitcoin. Gold and equity are great choices for investment and always have them in your bucket. At least gold will support your capital investment in tough time.
Same here. There was a time when almost 50% of my portfolio was made up of altcoins and tokens. But right now, it is 95% made of Bitcoin. I made the decision in 2018, when the altcoin bubble burst. I realized that without any real life usage, raw hype alone can't guarantee the higher price for altcoins. Look at alts such as Dogecoin and Ripple. They have managed to achieve valuations of $50 billion or $100 billion, without any real life usage. I am against investing in such coins.
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?
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?
Although that I’ve respected your decision in going all-in on BTC, I wouldn’t do that if I were you. Diversification is still very important in this crazy and high volatile market. My sister even asked me months ago if it’s good to go all-in with Bitcoin rather than relying on her savings in the bank, I just said that it’s not a good idea. It’s better to divide them with other altcoins with great fundamentals.
Because if you go all-in, and the market goes down, your emotions are gonna be hard to control. However, if you diversify, at least your disappointment level would be less.
I have no problem with that. I saw BTC falling from $20K to $3K and haven't sold a bit so my emotions are not hard at all. I know it's all part of the ride and I just enjoy it, I think long term. To the Moon!
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?
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?
Although that I’ve respected your decision in going all-in on BTC, I wouldn’t do that if I were you. Diversification is still very important in this crazy and high volatile market. My sister even asked me months ago if it’s good to go all-in with Bitcoin rather than relying on her savings in the bank, I just said that it’s not a good idea. It’s better to divide them with other altcoins with great fundamentals.
Because if you go all-in, and the market goes down, your emotions are gonna be hard to control. However, if you diversify, at least your disappointment level would be less.
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 might be at high profit position if you are holding bitcoins from 2013 because it was trading at $50-$100 at that time and now during this pandemic it has grown to $64k which is almost 640x rise in just 7 years of time span.You are holding from long and of you have decided to put all your eggs in one basket then surely it is not a bad idea because you are holding btc in your basket not some shitty altcoins.Have the same patience level and you will surely get huge returns within this year only and if you can hold for more 5-6 years then it is undoubtedly best option.The winklevoss twins also invested in their compensation from Mark Zuckerberg into Bitcoin and now they are billionaires.So have faith and patience you will get your return in btc. 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?
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