I'm now all in BTC. All eggs in one basket! - page 8.

Sirait

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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?

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.

thirdprize

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Of course if you had sold in may you could have brought twice as many bitcoin back at the current price. Who is so clever now?

molsewid

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Quote from: virtualdn on July 21, 2021, 01:41:52 AM

For the latest people questioning, I haven't sold anything during the peak, actually I haven't sold a single satoshi ever.

BTC in the xx,xxx range is pennies and it would be a very dumb move to sell now. I do plan to sell a small amount when BTC will enter the xxx,xxx range, but I'm also very patient about it.

You really have a great vision on Bitcoin mate and I think there's nothing wrong with it. In fact this token is a very promising token that may give you a great profit when you really know how to handle it properly. There is also nothing wrong by putting all your eggs in one basket as long as you know the risk. Bitcoin is a promising token that worth to hodl for a long term and for sure you're patience mate will be totally worth it and were very much positive that bitcoin will having a great comeback before the year ends.

aarif123

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I think you are doing the right thing by putting all of your money in bitcoin because as we all know that altcoins are so risky many projects hacked last month so in that case we should always put money where there is some security of our funds like bitcoin and ethereum.

peter0425

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Quote from: romero121 on July 21, 2021, 12:18:11 AM

I don't know whether you sold a little during the month of November or not, but if you haven't sold during the peak days of the ongoing year you've missed a big bumper hit. I've mentioned this, because OP has the plan to sell a small percentage of his holding. Right now the market have reached the peak and has now crawling downwards with periodic bullish move. Considering the present market going all in one is good choice, because the altcoins that depend much on bitcoin could move on either way in no time.

The thread created just last May 2021 mate and looking at that He already experienced the ATH of bitcoin that's why it is questionable if he did not sell on that day or he continues holding.

Quote from: Text on July 21, 2021, 03:14:49 AM

I can't blame you there, maybe because of the amount of altcoins now you don't even know where and where else to invest. It's better to put everything in BTC than others that aren't even among the top coins. But what exactly will you decide in the next four months? Will you continue to sell it regardless of the low value or will you keep holding on until it reaches 6 digits?

if you will read the Main thread mate , you will find His trust and support for the Bitcoin and that is His belief and reason why he does that.

ivankoh

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Most of us choose to diversify our stack. It is a learned way to manage the risks of the highly volatile nature of the crypto market. But not every time we do so, we will have the maximum profit. In certain cases, it can be calculated that, between swapping most for BTC is a lucidity. when the extent and scope of regional activity for bitcoin is greater. Market movement is a mix, it's better to diversify.

Text

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I can't blame you there, maybe because of the amount of altcoins now you don't even know where and where else to invest. It's better to put everything in BTC than others that aren't even among the top coins. But what exactly will you decide in the next four months? Will you continue to sell it regardless of the low value or will you keep holding on until it reaches 6 digits?

Shenzou

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I personally feel the same when it comes to investing in crypto, i know that you might be able to make some profit from investing in altcoins but most of them really require you to be always up to date with what is happening otherwise your investment would go down and you won't make any profit from it, bitcoin on the other hand is more safe and investing in it is easy especially if you are planning for a long term investment where you just buy it and just wait.

Hendra gunawan

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Quote from: virtualdn on July 21, 2021, 01:41:52 AM

For the latest people questioning, I haven't sold anything during the peak, actually I haven't sold a single satoshi ever.

BTC in the xx,xxx range is pennies and it would be a very dumb move to sell now. I do plan to sell a small amount when BTC will enter the xxx,xxx range, but I'm also very patient about it.

yeah. I also believe in bitcoin for the long term, I believe bitcoin will reach the price of 100k. Because so far Bitcoin has reached its all-time high many times. The important thing is that we have to be patient and don't panic when there is a correction.

slaman29

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Quote from: virtualdn on July 21, 2021, 01:41:52 AM

For the latest people questioning, I haven't sold anything during the peak, actually I haven't sold a single satoshi ever.

BTC in the xx,xxx range is pennies and it would be a very dumb move to sell now. I do plan to sell a small amount when BTC will enter the xxx,xxx range, but I'm also very patient about it.

Well done to you! But I am still selling my BTC whenever I need, which is what I have to do anyway as I don't buy, rather I earn, so it's actually hodling as much as possible and selling what I need but I have to admit, I'm trying to sell as little as possible, and I sold a bit more than I normally did during the peak:)

If you're a holder though I agree, anything now and between the peak isn't much of a difference. xxx,xxx range, we are coming.

virtualdn

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For the latest people questioning, I haven't sold anything during the peak, actually I haven't sold a single satoshi ever.

BTC in the xx,xxx range is pennies and it would be a very dumb move to sell now. I do plan to sell a small amount when BTC will enter the xxx,xxx range, but I'm also very patient about it.

v3liana

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Depends on you bruh, if you think you're doing the right thing then you can just do it.

I personally prefer to split my investment, and i'm very impressed if you're really hold your coin since 2013, i can call you Mr Diamond Hand then.

I've been invested on bitcoin since 2017 and untill now i can't hold all of my investment, i keep selling partially when the price rise more than 2 or 3 times.

TangentC

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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.

romero121

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I don't know whether you sold a little during the month of November or not, but if you haven't sold during the peak days of the ongoing year you've missed a big bumper hit. I've mentioned this, because OP has the plan to sell a small percentage of his holding. Right now the market have reached the peak and has now crawling downwards with periodic bullish move. Considering the present market going all in one is good choice, because the altcoins that depend much on bitcoin could move on either way in no time.

aoluain

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Quote from: rodskee on July 20, 2021, 11:20:22 PM

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?

Sorry to bother asking this but Am just Curious , you created this thread last May when the value of Bitcoin climbed Up more than 60,000 Dollars . have not you tempted to Sell ? and at least have opportunity to buy again when the price dumps like what's the value now?
So instead of Holding 1 Bitcoin is now going to be more than 2 bitcoins because of more than 50% discount?
Well it is yours but i'm just curious about how we wanted to handle our investments and how we wanted to earn or maybe at some ways lose .

Not everyone is trading Bitcoin on a daily basis, myself included. We are not watching
or are able to read technical charts to have an indication how the market moves. We are
confident in the long term increase which Bitcoin promises.

I'm sure there are plenty of traders who have been able to make the right call and sold high
to buy low. I bought Bitcoin last week thinking it was a good time to buy (which it was)
but I could have held out for today.

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.

rodskee

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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?

Sorry to bother asking this but Am just Curious , you created this thread last May when the value of Bitcoin climbed Up more than 60,000 Dollars . have not you tempted to Sell ? and at least have opportunity to buy again when the price dumps like what's the value now?
So instead of Holding 1 Bitcoin is now going to be more than 2 bitcoins because of more than 50% discount?
Well it is yours but i'm just curious about how we wanted to handle our investments and how we wanted to earn or maybe at some ways lose .

cotton ball

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Quote from: Blowon on July 20, 2021, 10:36:38 PM

You have to be sure of your choice, because bitcoin also still has a bright future, one of the things that makes me sure is that bitcoin has not run out to be mined, therefore bitcoin is still worth investing in in the future which is very potential.

true as you say, everyone must believe in all their own choices,, because collecting all that we have one day there is a possibility that we will get more profits, but the risk that you will face is very heavy, you dare to do all that ,I'm sure you are an old player, who has eaten a lot of salt in the world of bitcoin, but for those of us who are new to playing in bitcoin, we still don't have enough bitcoin for us to do that kind of thing, we have to put what little we have into fiat currency ..

777Jolami

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Everyone has a plan and relies on their own business principles to operate it proactively. For me, When the market is going down in an unhealthy way, I will sell most of my altcoins to hold bitcoin, when the situation is better, I will mint some from the BTC for some altcoins back. With this approach, I got the right amount of profit without even having to stop loss under any conditions. Not to mention, the market ranges are so widely spread, you have time to better target other altcoins, which I believe is a very reasonable reinvestment method.

Blowon

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You have to be sure of your choice, because bitcoin also still has a bright future, one of the things that makes me sure is that bitcoin has not run out to be mined, therefore bitcoin is still worth investing in in the future which is very potential.

the rise

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For now I just keep everything in fiat, because for now maybe in the next 2 months the market has not stabilized. I don't want to trade unstable it often makes me lose, I don't know when the bear market ends, but I predict it will end in the next two months then enter the coin season.

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