Invest in Bitcoin only? | Bitcointalksearch.org

DarkDays

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Quote from: Johnyz on October 26, 2021, 03:41:20 PM

Quote from: kevinovecka on October 26, 2021, 08:47:13 AM

What else do you invest in? Huh

It is good to diversify portfolio so I am looking for inspiration

What do you think?
Is there something interesting coming?

You should always diversify but never forget to hold Bitcoin because that it is still consider as one of the best investment in cryptomarket.
You can have more altcoins if you really want and do hold some good altcoins as well, while in trading if you have enough skills and knowledge about this try to look at the market where there is a hype for example in SHIB right now, if you know when to buy and sell you can be more profitable.

Exactly right! Never hold your eggs in one basket - give them a little space. Bitcoin of course is a great investment but there are other opportunities lying in alts - these often pump even more than Bitcoin itself so definitely something to include in ones' radar!

Let us not forget what a bloody market can look like either.

Johnyz

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Quote from: kevinovecka on October 26, 2021, 08:47:13 AM

What else do you invest in? Huh

It is good to diversify portfolio so I am looking for inspiration

What do you think?
Is there something interesting coming?

You should always diversify but never forget to hold Bitcoin because that it is still consider as one of the best investment in cryptomarket.
You can have more altcoins if you really want and do hold some good altcoins as well, while in trading if you have enough skills and knowledge about this try to look at the market where there is a hype for example in SHIB right now, if you know when to buy and sell you can be more profitable.

dhemasm

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Quote from: kevinovecka on October 26, 2021, 08:47:13 AM

What else do you invest in? Huh

It is good to diversify portfolio so I am looking for inspiration

What do you think?
Is there something interesting coming?

I think Solana and Ethereum it's, Solana with up to 50k TPS And ethereum with upcoming 2.0 Update, Both of them it's my favorite right now for long term and for short term you can see some good NFT-Based Project like Wemix, Rangers Protocol, Knight war also take a look to upcoming Iluvium Blockchain-based games, Beside some hype there are some good coin with real use case that grow slowly but steady like Arweave and AIOZ.

zonefloor

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At the moment, I think that money cannot be made by investing only in bitcoin. Because bitcoin is so high right now. As a matter of fact, the money won will not be very large unless it is entered with very large numbers of money. I think that this money won't be enough. I think that good profits can be made if invested in the right project by making the right reviews at the right time. That's why my preferences are generally ethereum and shitcoins on ethereum base. In addition, it means investing in projects that will come out and actively work with the team. My preference would be ethereum, shitcoins and other respectively.

Turbolinea

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I have investments into Bitcoin, Ethereum, BNB and Solana right now. And we have seen how much the market has risen in the recent times. And I was glad to see that Solana improved its all-time-high level one more time a day ago by 218 dollars. I'm quite content about Bitcoin, Ethereum and Solana now but not very happy about BNB honestly. Because it is still struggling to rise a lot.

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Quote from: carlfebz2 on October 26, 2021, 02:25:23 PM

Quote from: kevinovecka on October 26, 2021, 08:47:13 AM

What else do you invest in? Huh

It is good to diversify portfolio so I am looking for inspiration

What do you think?
Is there something interesting coming?

If you do see other opportunities then having altcoin option isnt really a bad choice too.It is really just mattering on when you had entered in the market
because there are of course trends and price actions.

Diversifying is always be a good thing if you do know on what you are doing.

Altcoins are also very profitable to invested. Just look at the very spectacular Cardano on the market. In 2019 the price of Cardano was $0.04, but now it is around $2.1, many other altcoins are also very potential, depending on our own choice.

carlfebz2

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Quote from: kevinovecka on October 26, 2021, 08:47:13 AM

What else do you invest in? Huh

It is good to diversify portfolio so I am looking for inspiration

What do you think?
Is there something interesting coming?

Depends on you because not all would really be having the same mindset when it comes to investment which means that it will really vary neither basing on your interest and of course your financial capacity because not all does really have it.

If you do see other opportunities then having altcoin option isnt really a bad choice too.It is really just mattering on when you had entered in the market
because there are of course trends and price actions.

Diversifying is always be a good thing if you do know on what you are doing.

Anonymous100

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Quote from: kevinovecka on October 26, 2021, 08:47:13 AM

What else do you invest in? Huh

It is good to diversify portfolio so I am looking for inspiration

What do you think?
Is there something interesting coming?

The increase is purely a technical factor, because the position of the majority of assets, including Bitcoin is already in a high position. El Salvador which has legalized Bitcoin as a legal tender also provides many positives. the correction that occurs in the price of Bitcoin is currently waiting. the current correction will make the Bitcoin price stable first and Bitcoin will rise very significantly.

batang_bitcoin

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Quote from: kevinovecka on October 26, 2021, 08:47:13 AM

What else do you invest in? Huh

It is good to diversify portfolio so I am looking for inspiration

What do you think?
Is there something interesting coming?

It's okay if you'll invest into bitcoin only. But if you want to diversify, do not do that much because it's not looking good if you're too diversified. One altcoin that you can choose to diversify is with Ethereum. Most diversified portfolios are owning Ethereum and that's their next coin to invest with their money. Since you're asking where to invest, I guess you should stay first in bitcoin and learn at least with other altcoins within a few weeks to study about them.

Doell

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bitcoin only the best option but you also have to expand your investment in several altcoins ,the poll list above is good enough but don't take the risk on shit coins ,you can invest long term or medium term in altcoin that have been proven to be superior and are supported by many community

DeathAngel

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It’s OK to diversify into alts but I wouldn’t advise anything more than 20% of your crypto portfolio. You should always remain top heavy in bitcoin, it’s top dog for a reason with a long term history of success.

sulendra12

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Quote from: kevinovecka on October 26, 2021, 08:47:13 AM

What else do you invest in? Huh

It is good to diversify portfolio so I am looking for inspiration
What do you think?
Is there something interesting coming?

Nah, you are not doing something wrong. For better investment, I would advise to diversify your capital into different portfolio as in this case coins/tokens. It might be a little tiring for some people to check different type of coins and keeping an eye on the price but the profit would be really huge if you can manage to check all of them and make a wise decision based on the market.

Bollexz1

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Of course it's wise to have one's portfolio diversify and not just rely on Bitcoin only. I have no intention of selling my BTC any time soon, so altcoins are what I turn to for short term trade.

Koro-Sensei

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Thou shall not put all your eggs in one basket. This is one of the golden rule in investing. Expanding your portfolio is a must and could help you avoid loses and could potentially gain you more. Another thing is that Alts could give you more returns than BTC. It can literally give you moonshot like 10x to 20x with the right marketing strategy unlike bitcoin that is hard to surpass the 2x one unless you were one of the early adopters.

kevinovecka

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Quote from: Jackl87 on October 26, 2021, 11:17:58 AM

Quote from: kevinovecka on October 26, 2021, 08:47:13 AM

What else do you invest in? Huh

It is good to diversify portfolio so I am looking for inspiration

What do you think?
Is there something interesting coming?

I know that there are a lot of bitcoin enthusiasts or maximalists on this forum that say that every other coin than bitcoin is a shit coin and not worth to invest in but to be honest i think this statement is wrong of course and i also think, that it is kinda arrogant to say. If you were early into crypto and by that i mean before 2015 or so and you bought 5 bitcoins back then for 1000$ then of course it is very easy to say know that every other coins is a shit coin, but i am pretty new to crypto and i don't have a whole BTC or a few ETH that i can just hodl or invest into other big projects. Every investment that i make comes from FIAT from my bank account and that is why i don't invest into bitcoin because i just don`t like the fact that i get 0,0015 bitcoin for 100$. I rather get 100 coins of a new and promising project for the same amount of money. Of course the risk is higher there, but you also have the small chance for a big profit.

True!
Nicely said

Jackl87

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Quote from: kevinovecka on October 26, 2021, 08:47:13 AM

What else do you invest in? Huh

It is good to diversify portfolio so I am looking for inspiration

What do you think?
Is there something interesting coming?

I know that there are a lot of bitcoin enthusiasts or maximalists on this forum that say that every other coin than bitcoin is a shit coin and not worth to invest in but to be honest i think this statement is wrong of course and i also think, that it is kinda arrogant to say. If you were early into crypto and by that i mean before 2015 or so and you bought 5 bitcoins back then for 1000$ then of course it is very easy to say know that every other coins is a shit coin, but i am pretty new to crypto and i don't have a whole BTC or a few ETH that i can just hodl or invest into other big projects. Every investment that i make comes from FIAT from my bank account and that is why i don't invest into bitcoin because i just don`t like the fact that i get 0,0015 bitcoin for 100$. I rather get 100 coins of a new and promising project for the same amount of money. Of course the risk is higher there, but you also have the small chance for a big profit.

Joshapat

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A big mistake if we only rely on bitcoin, despite being the king of cryptocurrencies but the target of investing is big profit, we know that with high prices like now it is difficult to get big profits from bitcoin, but by investing low-priced altcoins it is easier to get 10x profit even more in a month.

kevinovecka

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Quote from: asriloni on October 26, 2021, 09:52:40 AM

Quote from: kevinovecka on October 26, 2021, 08:47:13 AM

What else do you invest in? Huh

NFT project. You're forget to mention this in your survey as NFT project was also really valuable this day. I have been also putting a lot of money on the NFT project.

Quote from: kevinovecka on October 26, 2021, 08:47:13 AM

It is good to diversify portfolio so I am looking for inspiration

It's good and why not? Diversify was a must to make sure you will be decreasing the risk by put all of your money in one basket. There are some tokens were giving you ability to earn passive income as well. This is a good thing to be combined with the capital gain that you can earn it by holding the major coin like bitcoin.

Quote from: kevinovecka on October 26, 2021, 08:47:13 AM

Is there something interesting coming?

There's a lot of interesting things coming every day but it seems like you're a newbies and you must put your money into the safe place rather than bet into the a new coin but this was the most profitable way to generate more money.

I had it there on first place before Cheesy

Now it is edited

For diversification I got some thousands of Cardano from 0.1-0.3$, few Solanas, many Egld, hundreds of Algo also very soon, some thousand of Vet and now also some rare eitbitape and popsicle NFTs (on Solana), some LTC because I like it very much and I used to mine it and much more cryptos...
But still thinking about something else to invest in something like fantom, solana, cardano but in the beginning if you know what I mean...

19Nov16

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If I have money at least $1 million then invest only bitcoin is a good thing, but if with small money under $100k then invest in altcoins is a better thing because it can make our money go up significantly, as we know that bitcoin price is higher from $60k, and it is very difficult to get 100% profit in the short term, whereas altcoins provide the opportunity for big profits in the short term.

asriloni

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Quote from: kevinovecka on October 26, 2021, 08:47:13 AM

What else do you invest in? Huh

NFT project. You're forget to mention this in your survey as NFT project was also really valuable this day. I have been also putting a lot of money on the NFT project.

Quote from: kevinovecka on October 26, 2021, 08:47:13 AM

It is good to diversify portfolio so I am looking for inspiration

It's good and why not? Diversify was a must to make sure you will be decreasing the risk by put all of your money in one basket. There are some tokens were giving you ability to earn passive income as well. This is a good thing to be combined with the capital gain that you can earn it by holding the major coin like bitcoin.

Quote from: kevinovecka on October 26, 2021, 08:47:13 AM

Is there something interesting coming?

There's a lot of interesting things coming every day but it seems like you're a newbies and you must put your money into the safe place rather than bet into the a new coin but this was the most profitable way to generate more money.

Ararbermas

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Quote from: kevinovecka on October 26, 2021, 08:47:13 AM

What else do you invest in? Huh

It is good to diversify portfolio so I am looking for inspiration

What do you think?
Is there something interesting coming?

if you want to build a portfolio i suggest must check these coins NEAR, ALGO, FTM, CRV, SHIB, SOL and also SLP. They might go higher before this year end but for me i believe they will continually making good performance until next year as they look very promising everyday when market is fine. Actually i already made good profits from that coins this year.. And still expecting more in the future if they don't change. Grin

Bitstar_coin

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Quote from: ardydyon on October 26, 2021, 09:31:05 AM

I think it's not right if you invest only in one coin, namely BTC. you should diversify as many coins. because with that you open up opportunities to enjoy increases if the price of the coins you buy increases. if we only invest in only one coin then if there is an increase in other coins we get nothing. Remember don't put all your eggs in the same basket

That's the reason why he is asking for other people's opinion on what to diversify on, you could at least suggest him one or two projects you think is good to diversify,
Well in my own case, I recently put some money on fantom ftm, coti and cake to diversify my wallet, I will probably top up with some other few depending on the market behavior.

ardydyon

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I think it's not right if you invest only in one coin, namely BTC. you should diversify as many coins. because with that you open up opportunities to enjoy increases if the price of the coins you buy increases. if we only invest in only one coin then if there is an increase in other coins we get nothing. Remember don't put all your eggs in the same basket

flip4flop

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I have expanded my portfolio quite a bit in the last year. I am a big supporter of ALGO, SOL, AVAX and have always been a holder of LTC. I also have been slowly putting money into projects like STRONG which has been an absolute monster. Running a node has been extremely profitable and if they do end up rewarding in ETH down the line it will become even better.

kevinovecka

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What else do you invest in? Huh

It is good to diversify portfolio so I am looking for inspiration

What do you think?
Is there something interesting coming?

Topic: Invest in Bitcoin only? (Read 204 times)