I'm now all in BTC. All eggs in one basket! - page 7.

TangentC

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Quote from: BlackHatCoiner on July 21, 2021, 01:02:20 PM

Quote from: ?? on ??

People that purchased Doge in 2018 earned a much greater return on investment than if they had put that same amount of fiat into btc in 2018.

And people who bought Doge in 2021 lost much more than the ones who put it in BTC. Your point?

The point is BTC is not always the best investment for a given time frame, especially now that others have a lot more room to grow.

BaeSuzy

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Put all of your investment in one basket i think it's too risky, but at the end thats is your money and you will get what you do. My advice is only invest money you can afford to lose because there's no guarantee the bitcoin price will keep rising. I personally prefer to invest in many altcoins (top 30 in coinmarketcap) and sometimes i looking for good project with small marketcap, i think this is the best strategy for me in investing.

stomachgrowls

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Quote from: nhaila on July 21, 2021, 05:09:21 PM

Hey mate buy more bitcoin and hodl it for your better safety because Bitcoin would be the number one currency in the world and most of the countries would accept it as legally. Then Bitcoin would go to the moon with price $300000....

Its not bad to be optimistic but we do have common unrealistic insights;

- 1M per coin or reaching hundreds of thousands (too far to consider)
- Legally accepted (not all government would have the same insight or decisions)
- Replace fiat(never ever to happen)

When it comes to investment then always consider on the risk and not just putting all of your eggs on one basket unless if you are really ready for the risk behind.
It would always be ideal if you do diverse on as much as possible.

nhaila

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Moonbet.io

Hey mate buy more bitcoin and hodl it for your better safety because Bitcoin would be the number one currency in the world and most of the countries would accept it as legally. Then Bitcoin would go to the moon with price $300000....

uneng

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Leading Crypto Sports Betting & Casino Platform

It's really not an advisable plan, but I agree with fully investing in bitcoin right now if you aren't a big investor, because the potential returns it can give you and the simplicity of the investment make it much superior to traditional investments which you need to follow a lot of bureaucracy to maintain them operating and your name clean towards the government.
Probably the profit you make with traditional investments won't worth the time and also the money you have to spend keeping everything regulated. However if another investments were simple as bitcoin is, I would prefer to diversify funds among them all.

Fredomago

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Quote from: geegaw on July 21, 2021, 11:59:11 AM

Quote from: Argoo on July 21, 2021, 11:02:14 AM

No matter how good and promising the cryptocurrency may seem, in any case, you should not invest your investments in only one type of cryptocurrency. This also applies to bitcoin. Even if we are confident in the reliability of bitcoin, we cannot predict the possible further reaction of states in relation to it. There may be other reasons because of which the first cryptocurrency can fall sharply and for a long time in price. Therefore, it is better not to violate the general investment rules that are inherent in any market.

But with the exception of bitcoin, I don't see any better diversifiable directories than bitcoin, which means that altcoins' returns are incomparable and don't feel more secure than bitcoin, the philosophy of not putting everything in one basket in investing is just about promoting profit potential and reducing risk but when our goal has both such conditions, why don't we accept that someone can put it all in bitcoin. So far, bitcoin is something that always violates a lot of rules to be special

I agree to your statement, there are people who believes that putting everything into one investment that they really trust will bring them the profits that they are aiming.

Though it's too risky but we need to consider that before they conclude and decide there are research and studies that they bring inside the table, and not just decide going all in without any basis.

Go all in and set your target, patiently wait and once things works according to your plan, enjoy all profits! Wink

Slow death

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Quote from: ?? on ??

People that purchased Doge in 2018 earned a much greater return on investment than if they had put that same amount of fiat into btc in 2018.

you are comparing an altcoin that increases in price every time doge father does some twitter Vs bitcoin that despite doge father doing some damage is still surviving very well without doge father twitters and will be fine if doge father disappear, now we can't say the same thing about dogecoin that without doge father will not have a big price increase

I think it's always good for a person to buy bitcoin and also invest in things in the real world, for me that's diversifying investment

izsara

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risky of course because it is certain that when in a scope like this the risk of obedience exists and is very large.
other than that putting everything somewhere I think it's less effective for that, it would be better if you put it in several places because I think it's very effective if you do it like that, try to look at other things in altcoins because I think some coins in alt are enough good.
but your options are also pretty good when it comes to putting everything in there and planning to add more loads especially now is a pretty good time to add to that.

MrcMrc

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The reason I like to diversify my investment into different count is the fact that my investment can earn profits from different sources. During this dip, there is this coin I invested in that did 40× making you tremendous profits.

But Bitcoin has always remained the most stable and less volatile asset in the entire market.

BlackHatCoiner

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Farewell, Leo

Quote from: ?? on ??

People that purchased Doge in 2018 earned a much greater return on investment than if they had put that same amount of fiat into btc in 2018.

And people who bought Doge in 2021 lost much more than the ones who put it in BTC. Your point?

AakZaki

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zknodes.org

Quote from: Pamadar on May 18, 2021, 11:50:30 PM

I buy that strategy, 50% for Bitcoin and divert the other half to more prospect alts that I'm eyeeing to invest my money.

In terms of strategy, some traders have different ways of managing their money. I prefer to play altcoin pairs BTC. I prefer to collect as much BTC as possible. Because I basically believe the current bearish pressure will turn to a bullish wave. If you follow the journey of BTC then it is a repeating cycle. As for the division I do not specify well. But I don't use all to trade. I did this as a step to anticipate the sudden bad market.

aoluain

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Quote from: TangentC on July 21, 2021, 12:59:51 AM

Quote from: aoluain on July 20, 2021, 11:50:50 PM

The main thing is that I havent lost anything over the last few months, if I had 1BTC in
early April at the ATH and didnt sell I still have 1BTC today.

You lost the ability to sell your 1 BTC at ~$60K.

Now if in 5 years BTC does return to ~$60K, and you sell it, you still lost the value it could have given you for 5 years.

So the idea , you lost nothing is wrong, at best you lost time, at worst you lost the money. Tongue

People claiming BTC is guaranteed to keep going up, ask them to put it in writing, and watch them backpedal.

FYI:
People are really going to freak out when BTC drops below $13K in ~7 months.

You are correct on some points, Yes some people will be freaking out (and this is a very big word)
"IF" Bitcoin drops in value below $13.

You are kind of right too in my ability to sell at $60k. I see it as missing a train I didnt want to take.

Not everyone wants to trade and catch the highs and lows, some are happy to buy the dips and
accumulate that way.

I havent lost any Bitcoin with the fall in value, my wallets still continue to grow in Bitcoin volume,
but I did loose the Potential to double my holdings, I'm ok with that, I cannot call the ATH and
sell. I actually admire those who can and more power to them.

geegaw

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Quote from: Argoo on July 21, 2021, 11:02:14 AM

No matter how good and promising the cryptocurrency may seem, in any case, you should not invest your investments in only one type of cryptocurrency. This also applies to bitcoin. Even if we are confident in the reliability of bitcoin, we cannot predict the possible further reaction of states in relation to it. There may be other reasons because of which the first cryptocurrency can fall sharply and for a long time in price. Therefore, it is better not to violate the general investment rules that are inherent in any market.

But with the exception of bitcoin, I don't see any better diversifiable directories than bitcoin, which means that altcoins' returns are incomparable and don't feel more secure than bitcoin, the philosophy of not putting everything in one basket in investing is just about promoting profit potential and reducing risk but when our goal has both such conditions, why don't we accept that someone can put it all in bitcoin. So far, bitcoin is something that always violates a lot of rules to be special

mckinleeanael07

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TheStandard.io

you are having a rather risky mindset and the risk is like the lottery so maybe you will become rich, otherwise you may lose everything that is a rule of the game, but who knows That risk will help you later. so I believe in BTC just like you and I hold it just like you the risk that comes with wealth.

Argoo

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No matter how good and promising the cryptocurrency may seem, in any case, you should not invest your investments in only one type of cryptocurrency. This also applies to bitcoin. Even if we are confident in the reliability of bitcoin, we cannot predict the possible further reaction of states in relation to it. There may be other reasons because of which the first cryptocurrency can fall sharply and for a long time in price. Therefore, it is better not to violate the general investment rules that are inherent in any market.

ChiBitCTy

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As someone who works in finance this is pretty hard for me to see. Your instincts are correct, putting all your eggs in one basket is certainly NOT a good idea. There is simply no guarantee that bitcoin will end up being a huge success and skyrocket or "moon", so this is why it's imperative to be well diversified. But, I do commend you for knowing your risks and knowing that you could end up down massively , or , you could end up rich af lol, lets hope it's the latter.

fauzan Ichsan

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Quote from: Sirait on July 21, 2021, 05:58:55 AM

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?

I really still think putting all my money in Bitcoin is still a risk. I have some BTC as a long-term investment but also prepare fiat savings to take care of emergency things, let's invest with our own risk.

Likewise with me, where holding fiat to make ends meet is the most important thing, after that I just set aside money to invest in bitcoin in the long term. that way there is no problem with eating and hopefully my psychology will remain calm to hold bitcoin for the long term. and after I feel that I have enough bitcoin, don't forget I also choose some altcoins that are likely to provide more profit

CryptoStar19

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Typically "all eggs in one basket" may not be a great idea, but considering it is BTC you are talking about (versus any other crypto asset out there) I am confident you are going to be OK --actually far above just OK in time. :-)

bandungan

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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?

wow impressive you've been holding since 2013 and so far haven't sold. I think by now maybe you have become crazy rich. You may need to enjoy your hold by selling a few bitcoins from your profits and going on vacation. but if you have the desire to hold long-term maybe you can make it an option and you don't choose the wrong coin because bitcoin is the best coin

btc78

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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?

Thats the attitude man , this is what we Need in our time now to Keep supporting Bitcoin while the market is still in hard development .
There are many players now that tries to buy and sell at all cost but they don't even bother to Keep HODLING in which things that we use to do since the beginning but now that market had already make some ups and downs , people are now making this as a money making market and not the community we use to know from the past.

Topic: I'm now all in BTC. All eggs in one basket! - page 7. (Read 3164 times)