Topic: I'm now all in BTC. All eggs in one basket! - page 4. (Read 3164 times)
My current plan is more or less the same, which is to hold the coins I have and try to increase my btc investment even more. I know and hope it will give me a big advantage so I have to be patient to wait for it. Right now the market is unstable and down so it's not good to sell assets, it's better to hold them. In addition, when the price of btc is going down like this, we really have to be able to use the time well to buy coins in the market so that we can buy them at low prices, of course it will be profitable. If we can learn to manage our assets well, the results will also be great.
Although that everyone has their own opinion, putting all eggs in one basket isn’t a good idea for me. It reminds me of my conversation with my sister that she wants to go all-in on Bitcoin by putting all of her savings into it. But I told her not to, and only put an amount that she could afford to lose.
Coz’ if we go all-in and if BTC goes down, it would be hard for our emotions to cope up. Instead of going all-in, much better to diversify our money like putting most of it on savings, and only invest a portion of it on Bitcoin and other altcoins.
Coz’ if we go all-in and if BTC goes down, it would be hard for our emotions to cope up. Instead of going all-in, much better to diversify our money like putting most of it on savings, and only invest a portion of it on Bitcoin and other altcoins.
Well, as a bitcoin investor myself, I do see that you have made a good decision to put all your money on Bitcoin. It is your money anyway, so don't listen to anybody that says you are doing it wrong. It is like mine, I invest in Bitcoin and Ethereum and that is it. I really don't care about the others. Friends tells me to invest on this or invest on that. I say sure, that is a great idea, but at the end of the day the decision is always mine and mine alone. Like you, your decision is all yours.
it is better to put it in one basket with potential and safe than having to split our assets into several pieces that have no potential and get a big risk in loss. I think now we have to be smart and choose assets that really have the potential to double our moneyThat's basically correct, but there are more solid coins than just Bitcoin that you could certainly add to your portfolio. You could add an anonymous coin and also a smart contract platform and still be good to go. If you hold BTC, ETH and XMR I would say that is a solid portfolio. Maybe add a small percentage of lower cap coins to enjoy the potential thrill when one of those coins goes to the moon!
Definitely, as long as the cryptocurrency has big potential and is surviving for many years now and going strong, then by all means invest on it and support the coin. It is obvious that those in the top 20 of cryptocurrencies list would be always a good pick. But of course, you need to be very careful. The top 20 coin in 2014 are not the same in 2021 and at that point we should realize that the coins that are great today might not be great many many years from now. So be very careful in picking coins to invest.
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?
Yes, I also heard that at the end of 2021 there is a high probability of seeing a new stronger rise in cryptocurrency prices. As for my plans, I am also now accumulating cryptocurrencies in order to fix profits at the end of the year. But putting all your eggs in one basket is a risk, but if this basket is with BTC, then it is probably worth it, because if there really is a crazy price increase at the end of 2021, then everyone who holds BTC will be able to get super big profits.
that it might really be having some good run in last quarters.Its up to someone if he decided to go all in with bitcoin and converting those altcoins back to bitcoin which i cant
really blame off investors on doing that and since its their money then let them be.
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?
Yes, I also heard that at the end of 2021 there is a high probability of seeing a new stronger rise in cryptocurrency prices. As for my plans, I am also now accumulating cryptocurrencies in order to fix profits at the end of the year. But putting all your eggs in one basket is a risk, but if this basket is with BTC, then it is probably worth it, because if there really is a crazy price increase at the end of 2021, then everyone who holds BTC will be able to get super big profits.
Sure. It's not a bad idea. You are investing in bitcoin, which will highly likely give you a good profit in the long run as long as you don't sell until you have reached your profit goal. If it was some other altcoins, it would have been very risky to put all your money on those coins. But you may also try investing like more than 80% of your coins on bitcoin while investing rest on top altcoins.
That investment "plan" works only for really young people or for not so smart
Lol, why is not a "not so smart" plan? Are you saying young people are dumb?The dogecoin diamond hands actually invested in dogecoin alone which was once worth more than $3M at some point during the time where Elon was to host SNL. The only investment he has is Doge and nothing else. It's pretty stupid for an investor to do it that way when it comes to diversifying.
Most crypto investors are often just Buy BTC for most of their money and the rest probably 20% to altcoins.
Sure. It's not a bad idea. You are investing in bitcoin, which will highly likely give you a good profit in the long run as long as you don't sell until you have reached your profit goal. If it was some other altcoins, it would have been very risky to put all your money on those coins. But you may also try investing like more than 80% of your coins on bitcoin while investing rest on top altcoins.
That investment "plan" works only for really young people or for not so smart
Lol, why is not a "not so smart" plan? Are you saying young people are dumb?
If its coin other than bitcoin i will say its not good choice but Bitcoin is the king of all coin and all coin depend on Bitcoin price so I think its good choice. Of course its profit is small as compared to other small cap coin but secure and for long term very good choice.
That's basically correct, but there are more solid coins than just Bitcoin that you could certainly add to your portfolio. You could add an anonymous coin and also a smart contract platform and still be good to go. If you hold BTC, ETH and XMR I would say that is a solid portfolio. Maybe add a small percentage of lower cap coins to enjoy the potential thrill when one of those coins goes to the moon!
You can leverage risks by adding more coins to your portfolio. Sticking to only one coin will increase your risk of loss if it goes all the way down the drain in an instant. I've seen many times where Bitcoin goes down, while some altcoins go up in price. If you diversify your investment into Bitcoin and other prominent cryptocurrencies on the market, you'll be able to minimize losses as much as possible.
Ultimately, the decision lies in yourself whenever you'd want to diversify your investment or put all of your "eggs" in one basket. Bitcoin should be the cryptocurrency on the top of your portfolio, since it's the one who moves the whole market. With a block reward halving every 4 years, Bitcoin is on a road towards non-stop growth both in price and mainstream adoption. The cryptocurrency is valued at nearly $40k now, and could be worth more than $100k in the future. Whatever you do with your money, always invest wisely in order to avoid becoming bankrupt in the long run. Who knows how much profit you'll make with the next bull market run? Just my thoughts
Well, if someone were to ask me which basket I would choose if I HAD TO put all eggs in one basket, I would actually put all my eggs into the Bitcoin basket as well. As we don't have to, I would always recommend a certain degree of diversification, but if you go all in on one coin, it is Bitcoin for me. It might not give you 100x, but probably a very decent ROI over time.
Well, as a bitcoin investor myself, I do see that you have made a good decision to put all your money on Bitcoin. It is your money anyway, so don't listen to anybody that says you are doing it wrong. It is like mine, I invest in Bitcoin and Ethereum and that is it. I really don't care about the others. Friends tells me to invest on this or invest on that. I say sure, that is a great idea, but at the end of the day the decision is always mine and mine alone. Like you, your decision is all yours.
it is better to put it in one basket with potential and safe than having to split our assets into several pieces that have no potential and get a big risk in loss. I think now we have to be smart and choose assets that really have the potential to double our moneyPutting it in one basket is not a wise decision even if you trust bitcoin much. The risk is not only about losing some money due to its volatility but there is also a risk of losing it by other cases like hacked, losing wallet, etc. Indeed, it is our own choice and decision on what to do with our money but at least anyone should be aware about the risks. No one knows what will happen with all existing crypto (including bitcoin) in the future. I myself prefer to split my money into some different potential 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?
You have made a big profit and now is the right time to sell a little bitcoin, we never know what will happen in the future, I'm afraid the 2017 trend will repeat itself and it will take up to 3 years to rise again, of course this is a long time and need patience.
Putting everything on BTC is a very good decision bitcoin is more popular than other currencies in the crypto market and the demand for investment is high. There are many benefits to investing in the right time and there is no fear of losing if the price starts to go down don't be discouraged wait patiently it will go up soon. Prices are much higher than before and are expected to rise further this year the right time to hold on without selling.
By not sold a bit, do you mean not sold any at all? Those would be very strong hands you got
But is not selling at all a wise decision? I don't believe anyone will be said to be a wise investor or hodler if they don't take profits from time to time to rebuy the dip. Only those who are horrible at trading would not sell at all and I'm cocksure they will always regret the chances they don't take. Again, I strongly believe that Bitcoin or any other crypto won't be valuable if no one ever gets to sell at all. Buying and selling are what gives a thing its value. 
just like i put my eggs in only one basket which is bitcoin because for now i only trust bitcoin which has the potential to give a very good return for the long term than any other coin.
even if there is a decline it doesn't matter to me because I am consistent with the long term even though there are some potentially good altcoins I focus on bitcoin, because I believe in bitcoin's movement and even though there are some declines it will definitely rise again even beyond the previous high price and most importantly be patient.
and another reason I'm busy with my full time job, so for now just focus on one basket for the long term.
even if there is a decline it doesn't matter to me because I am consistent with the long term even though there are some potentially good altcoins I focus on bitcoin, because I believe in bitcoin's movement and even though there are some declines it will definitely rise again even beyond the previous high price and most importantly be patient.
and another reason I'm busy with my full time job, so for now just focus on one basket for the long term.
Right decision. If you want to buy coins with all your money, bitcoin is the best. Currently we see the price of bitcoin has gone up 30% within one week. Even bitcoin's rise can outpace altcoins. If we look at bitcoin profits are also very high. So there's no need to buy other coins that we don't understand.
That's basically correct, but there are more solid coins than just Bitcoin that you could certainly add to your portfolio. You could add an anonymous coin and also a smart contract platform and still be good to go. If you hold BTC, ETH and XMR I would say that is a solid portfolio. Maybe add a small percentage of lower cap coins to enjoy the potential thrill when one of those coins goes to the moon!
You can leverage risks by adding more coins to your portfolio. Sticking to only one coin will increase your risk of loss if it goes all the way down the drain in an instant. I've seen many times where Bitcoin goes down, while some altcoins go up in price. If you diversify your investment into Bitcoin and other prominent cryptocurrencies on the market, you'll be able to minimize losses as much as possible.
Ultimately, the decision lies in yourself whenever you'd want to diversify your investment or put all of your "eggs" in one basket. Bitcoin should be the cryptocurrency on the top of your portfolio, since it's the one who moves the whole market. With a block reward halving every 4 years, Bitcoin is on a road towards non-stop growth both in price and mainstream adoption. The cryptocurrency is valued at nearly $40k now, and could be worth more than $100k in the future. Whatever you do with your money, always invest wisely in order to avoid becoming bankrupt in the long run. Who knows how much profit you'll make with the next bull market run? Just my thoughts
Well, as a bitcoin investor myself, I do see that you have made a good decision to put all your money on Bitcoin. It is your money anyway, so don't listen to anybody that says you are doing it wrong. It is like mine, I invest in Bitcoin and Ethereum and that is it. I really don't care about the others. Friends tells me to invest on this or invest on that. I say sure, that is a great idea, but at the end of the day the decision is always mine and mine alone. Like you, your decision is all yours.
it is better to put it in one basket with potential and safe than having to split our assets into several pieces that have no potential and get a big risk in loss. I think now we have to be smart and choose assets that really have the potential to double our money 
It's good to see strong believers of bitcoin still exist, but the golden rules will never change, don't put all your eggs in one basket because you might lose everything in one shot.
What might hurt the most is the lost time that will be all for nothing after the many years of waiting, invest in some alltcoins to reduce the risk.
The golden rule of cryptocurrency investment is not to put all eggs in one basket but with 97% of all altcoin being hype based and highly manipulate I don't think there's a problem in going to all in Bitcoin now after all the recent market momentum is determine by the trend Bitcoin posed. What might hurt the most is the lost time that will be all for nothing after the many years of waiting, invest in some alltcoins to reduce the risk.
It's good to see strong believers of bitcoin still exist, but the golden rules will never change, don't put all your eggs in one basket because you might lose everything in one shot.
What might hurt the most is the lost time that will be all for nothing after the many years of waiting, invest in some alltcoins to reduce the risk.
What might hurt the most is the lost time that will be all for nothing after the many years of waiting, invest in some alltcoins to reduce the risk.
Investing all your dollar coins in a single platform is nothing but nonsense. If you wish, you can divide your assets into different steps and invest in different platforms. You are Etherium, Binance, and many more profitable platforms that you can invest at will.
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