Many people have different sentiment and different reasoning about their portfolio and investment. Many people go for altcoins. Sometimes they can be lucky and make x20 or above and sometimes they are unlucky and lose. If you are not ready for the drama, simply remain with bitcoin. Op if the 90% you said is in bitcoin is the 90% of all your money, you are so wrong. Don't invest more than you can afford to lose.
I certainly am not ready to take the chances with investing in any altcoin thats why am sticking and going with my bitcoin investments. The trending story that have going on with so many altcoin has given me an awareness that i can lose when investing in altcoin. I think investing in any coin depends on how you feel about the coins, i will certainly not put my money on something am not Ok with. And I Dont invest what I Dont have so i won't be affected by my investment. Many people even go as far as borrowing money to make an investment which i think is very wrong. 
Topic: My investments ahead of the 2024 halving 100% Bitcoin (Read 607 times)
Many people have different sentiment and different reasoning about their portfolio and investment. Many people go for altcoins. Sometimes they can be lucky and make x20 or above and sometimes they are unlucky and lose. If you are not ready for the drama, simply remain with bitcoin. Op if the 90% you said is in bitcoin is the 90% of all your money, you are so wrong. Don't invest more than you can afford to lose.
Quote from: Ojima-ojo
So at this point I am all into BTC and nothing more.
Good to hear that from you OP, I think many newbies will like to make a good choice in this season to invest huge amount of money on Bitcoin than investing in altcoin alone in the community. Bitcoin still remain the king among other cryptocurrencies which is part of some of the advantage that will make both old traders and new traders to embrace Bitcoin in this season to have access to a good future. Right from time, I never doubted Bitcoin, that's why I always made Bitcoin my first choice in the area of investment, and I always achieved a good results at the end of the investment.
That's good mate, you have a clear plans ahead on where and when you are going to invest your money. For me, I will start accumulating fiat that I will soon trade to bitcoin as well, I need to make all things to get more bitcoin before halving. We all know the effect of halving. If there's other coin that I want to invest as well will be eth and bnb.
Growth always starts unexpectedly, and what we see now may well be the beginning of growth. The move from 17k to 21k was very fast, maybe many who were waiting for a further drop and didn't buy are still waiting now and not buying, but they may miss out on a good price and will buying even more expensive.
In previous halvings, bitcoin both rallied and hit ATH later, that won't happen immediately but maybe after a while, so a lot of people are expecting history to repeat itself. Bitcoin unexpectedly rallied but didn't show it as a sign of a bull season, it's not uncommon for bitcoin to have several rallies during the bear market. But if anyone continues to wait and not buy in 2022 and now, it is really a pity because bitcoin will increase or decrease. No one can predict.
According to economic principle of supply and demand, the price of any asset or commodity should increase with decease in supply. As the supply of Bitcoin decreases due to less block reward with every halving, which leads to decease of Bitcoin supply in the market, the price of Bitcoin should increase, assuming demand remains same of goes up. however, in case the market is in downtrend, the outcome may not be so positive.
Both the supply and demand are necessary to determine the value of anything, which is why both of those terms are often brought together and not on their own.If there is no demand then even if the supply of an asset is very low then its value will be close to zero, and example of this are NFTs, however if the demand is high but the supply is also very high then the value of the asset will be low as well, with dogecoin been a good example of this as it does no matter how high is its demand the value of each individual dogecoin will always remain low due to its massive supply.
According to economic principle of supply and demand, the price of any asset or commodity should increase with decease in supply. As the supply of Bitcoin decreases due to less block reward with every halving, which leads to decease of Bitcoin supply in the market, the price of Bitcoin should increase, assuming demand remains same of goes up. however, in case the market is in downtrend, the outcome may not be so positive.
I would guess there is an attention and hype regarding this as well. We are no longer in a world where it's easy to just put supply/demand on a scale and make it work. For example, supply could go low, and demand could go away completely just because of this instead.Let's say I buy ALL bitcoins in the world, making a lot of people very rich because price would go up a lot, tens of millions of dollars per bitcoin, but I did it, after that? Would you all still be interested in bitcoin that is owned by just a single person? The supply dropped significantly and yet demand is no longer there in that case. This is why it's an important topic to keep following how much the demand is there, and ignore supply.
That's good mate, you have a clear plans ahead on where and when you are going to invest your money. For me, I will start accumulating fiat that I will soon trade to bitcoin as well, I need to make all things to get more bitcoin before halving. We all know the effect of halving. If there's other coin that I want to invest as well will be eth and bnb.
Growth always starts unexpectedly, and what we see now may well be the beginning of growth. The move from 17k to 21k was very fast, maybe many who were waiting for a further drop and didn't buy are still waiting now and not buying, but they may miss out on a good price and will buying even more expensive.
The halving is part of a cycle, it's the start of a new cycle actually and the markets do react
to the event, peaking about 12 months after the event. It's never too late to buy Bitcoin.
I have no problem with bitcoin maximalists which is a good thing because you don't need to worry too much about your portfolio. But if you say that all altcoins are not worth investing in, then I don't think so, I'm not talking about the top 10 or 100 here, because investing in altcoins, there are many factors to conclude whether it is a project to invest in or not. I will only talk about ETH, it is also an altcoin, and it has been with bitcoin at the top of the market for many years. So I don't think all altcoins are hype and scheme.
Top 10 by market cap doesn't matter because you have things like XRP there that's a total scam with large premine made by a former founder of scam exchange Mt. Gox.
XRP is also a security and the US agencies are after them. Sooner or later they'll be in trouble.
I don't understand why so many people still invest in scam cryptocurrencies in 2023 just because their market cap is high.
Personally I still have some ETH that I bought in 2019 for less than $200 so I don't feel the need to get rid of it. Apart from that I only have bitcoin.
in the promise or hope they will score a 100x return.
The "Top 10" in Coinmarketcap is absolutely no marker for investing in scam tokens.
I can name some former "Top 10" tokens which everyone once raved about and where
are they now? heading for #100 and beyond.
To respond to the OP, I am 100% all in on Bitcoin, I have no other investments. But my
backing of Bitcoin is not aimed at the 2024 halving or even the one after, it's longer term.
That's good mate, you have a clear plans ahead on where and when you are going to invest your money. For me, I will start accumulating fiat that I will soon trade to bitcoin as well, I need to make all things to get more bitcoin before halving. We all know the effect of halving. If there's other coin that I want to invest as well will be eth and bnb.
Growth always starts unexpectedly, and what we see now may well be the beginning of growth. The move from 17k to 21k was very fast, maybe many who were waiting for a further drop and didn't buy are still waiting now and not buying, but they may miss out on a good price and will buying even more expensive.
According to economic principle of supply and demand, the price of any asset or commodity should increase with decease in supply. As the supply of Bitcoin decreases due to less block reward with every halving, which leads to decease of Bitcoin supply in the market, the price of Bitcoin should increase, assuming demand remains same of goes up. however, in case the market is in downtrend, the outcome may not be so positive.
I have no problem with bitcoin maximalists which is a good thing because you don't need to worry too much about your portfolio. But if you say that all altcoins are not worth investing in, then I don't think so, I'm not talking about the top 10 or 100 here, because investing in altcoins, there are many factors to conclude whether it is a project to invest in or not. I will only talk about ETH, it is also an altcoin, and it has been with bitcoin at the top of the market for many years. So I don't think all altcoins are hype and scheme.
Top 10 by market cap doesn't matter because you have things like XRP there that's a total scam with large premine made by a former founder of scam exchange Mt. Gox.
XRP is also a security and the US agencies are after them. Sooner or later they'll be in trouble.
I don't understand why so many people still invest in scam cryptocurrencies in 2023 just because their market cap is high.
Personally I still have some ETH that I bought in 2019 for less than $200 so I don't feel the need to get rid of it. Apart from that I only have bitcoin.
That's good mate, you have a clear plans ahead on where and when you are going to invest your money. For me, I will start accumulating fiat that I will soon trade to bitcoin as well, I need to make all things to get more bitcoin before halving. We all know the effect of halving. If there's other coin that I want to invest as well will be eth and bnb.
Growth always starts unexpectedly, and what we see now may well be the beginning of growth. The move from 17k to 21k was very fast, maybe many who were waiting for a further drop and didn't buy are still waiting now and not buying, but they may miss out on a good price and will buying even more expensive.
~~~
There are probably altcoins that can also show good growth, but how many altcoins are there, and how do I find the one that will grow? This is an additional risk and this is a waste of my time, money and effort in finding these possibly promising altcoins. Therefore, I decided for myself that I would only invest in bitcoin and I believe that this strategy will bring me the best result.
There are probably altcoins that can also show good growth, but how many altcoins are there, and how do I find the one that will grow? This is an additional risk and this is a waste of my time, money and effort in finding these possibly promising altcoins. Therefore, I decided for myself that I would only invest in bitcoin and I believe that this strategy will bring me the best result.
In a bear market like today, bitcoin is a perfect choice. But in a bull market, you will see a lot of altcoins going up, SHIB and Doge being prime examples in the 2021 bull season. If you can take risks and want to seek bigger returns, then I think you should only invest in altcoins during the bull season, the down season is not the right time. Besides, considering ETH and BNB have evolved over the years, they are not inferior to bitcoin. Maybe they are centralized and are shitcoins compared to bitcoin, but in terms of profit, they are not inferior.
Ops i think its a bit too early to start speculating what your portfolio should be ahead of the bitcoin halving even though the halving is just a year ahead, bht judgjng from your chioce of asset combination and portfolio arrangement i cab see that you set high priority on Bitcoin which to me is very good.
Infacf i dont have much altcoins in my portfolio unless for a few which I hard a long time ago aside from that, I spent all my investment capital on bitcoin accumulation during the last bear market low price.
Infacf i dont have much altcoins in my portfolio unless for a few which I hard a long time ago aside from that, I spent all my investment capital on bitcoin accumulation during the last bear market low price.
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If we decide to invest in altcoins, we will never know which altcoin will increase because there are so many altcoins that we have to work hard to find the right altcoin. But when you choose bitcoin as your main investment, you won't be confused because the choice is bitcoin. Give a larger portion to bitcoin and adjust the portion to altcoins because you will feel difficult to buy all the altcoins in large quantities unless you are the whale.
I think it's fair to reject altcoins because we don't know how long this alt project will last, even a top 10 alt like Luna can be destroyed in a matter of hours. that is very dangerous, I think the OP made the right decision to fill his portfolio with bitcoin, and not focus on altcoins because as you say (unless you are the whale) and as we have seen so much of alt is hype and scheme.I have no problem with bitcoin maximalists which is a good thing because you don't need to worry too much about your portfolio. But if you say that all altcoins are not worth investing in, then I don't think so, I'm not talking about the top 10 or 100 here, because investing in altcoins, there are many factors to conclude whether it is a project to invest in or not. I will only talk about ETH, it is also an altcoin, and it has been with bitcoin at the top of the market for many years. So I don't think all altcoins are hype and scheme.
As most of us here are already aware that the bitcoin halving cycle always bring with it an opportunity for another Bitcoin all time high price, even though we can not predict when the exact time for this AHT will be but we are certain it will come.
At the moment I am I am intense face of portfolio accumulation and I will like to share them with some newbies who may be confused on how to prepare for the expected time and what their portfolio should look like.
This thread is not for speculation, but a personal contribution and suggestion as motivated by my personal decision against the next halving and I will share them with any one that like to read through the thread and also consider the comments of others that will go inline with your personal convictions.
What my portfolio consist of ahead of 2024 halving
To be sincere with you guys, I never give any thought for. Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.
So I can say that my portfolio is made up of 90% BTC and the remaining 10% as savings in case there will be further opportunity to buy BTC at a discount price.
So at this point I am all into BTC and nothing more.
At the moment I am I am intense face of portfolio accumulation and I will like to share them with some newbies who may be confused on how to prepare for the expected time and what their portfolio should look like.
This thread is not for speculation, but a personal contribution and suggestion as motivated by my personal decision against the next halving and I will share them with any one that like to read through the thread and also consider the comments of others that will go inline with your personal convictions.
What my portfolio consist of ahead of 2024 halving
To be sincere with you guys, I never give any thought for. Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.
So I can say that my portfolio is made up of 90% BTC and the remaining 10% as savings in case there will be further opportunity to buy BTC at a discount price.
So at this point I am all into BTC and nothing more.
That's good mate, you have a clear plans ahead on where and when you are going to invest your money. For me, I will start accumulating fiat that I will soon trade to bitcoin as well, I need to make all things to get more bitcoin before halving. We all know the effect of halving. If there's other coin that I want to invest as well will be eth and bnb.
I think now is also the right time to accumulate bitcoins, don't wait because we won't know if bitcoin is only going up in the short term and will fall again or bitcoin will rise from here and start a bull market. There is still no certainty that history will repeat itself, bitcoin will only increase in price after the halving, and things can still change.
I'm glad to see you are only focusing on bitcoin rather than altcoins because after what happened to bitcoin, we will see a very high increase in bitcoin. And if we don't prepare to own a lot of bitcoins from now on, we will only see their price increase without having the opportunity to make huge profits like others.
Yes of course, if you don't want to miss the sailing ship, we have to prepare from now on. I think it's still not too late to get on the ship that will continue its journey.Quote
If we decide to invest in altcoins, we will never know which altcoin will increase because there are so many altcoins that we have to work hard to find the right altcoin. But when you choose bitcoin as your main investment, you won't be confused because the choice is bitcoin. Give a larger portion to bitcoin and adjust the portion to altcoins because you will feel difficult to buy all the altcoins in large quantities unless you are the whale.
I think it's fair to reject altcoins because we don't know how long this alt project will last, even a top 10 alt like Luna can be destroyed in a matter of hours. that is very dangerous, I think the OP made the right decision to fill his portfolio with bitcoin, and not focus on altcoins because as you say (unless you are the whale) and as we have seen so much of alt is hype and scheme. As most of us here are already aware that the bitcoin halving cycle always bring with it an opportunity for another Bitcoin all time high price, even though we can not predict when the exact time for this AHT will be but we are certain it will come.
At the moment I am I am intense face of portfolio accumulation and I will like to share them with some newbies who may be confused on how to prepare for the expected time and what their portfolio should look like.
This thread is not for speculation, but a personal contribution and suggestion as motivated by my personal decision against the next halving and I will share them with any one that like to read through the thread and also consider the comments of others that will go inline with your personal convictions.
What my portfolio consist of ahead of 2024 halving
To be sincere with you guys, I never give any thought for. Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.
So I can say that my portfolio is made up of 90% BTC and the remaining 10% as savings in case there will be further opportunity to buy BTC at a discount price.
So at this point I am all into BTC and nothing more.
At the moment I am I am intense face of portfolio accumulation and I will like to share them with some newbies who may be confused on how to prepare for the expected time and what their portfolio should look like.
This thread is not for speculation, but a personal contribution and suggestion as motivated by my personal decision against the next halving and I will share them with any one that like to read through the thread and also consider the comments of others that will go inline with your personal convictions.
What my portfolio consist of ahead of 2024 halving
To be sincere with you guys, I never give any thought for. Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.
So I can say that my portfolio is made up of 90% BTC and the remaining 10% as savings in case there will be further opportunity to buy BTC at a discount price.
So at this point I am all into BTC and nothing more.
That's good mate, you have a clear plans ahead on where and when you are going to invest your money. For me, I will start accumulating fiat that I will soon trade to bitcoin as well, I need to make all things to get more bitcoin before halving. We all know the effect of halving. If there's other coin that I want to invest as well will be eth and bnb.
That's much better than those that have 99% of altcoins thinking that all of them will fly high when the bull run comes.
You can be lucky and if you get a cheap coins that has utility then you will have more gains but if you don't, you go into losses and regret.
Yes, many of them will but we don't know if those altcoins that are part of their portfolios will also go up.
Altcoins bull is selective and not general, so you can only be lucky if the ones you have are joining the bull. Investment in altcoins is riskier except that you invest in altcoins with value.
You'll never skip the bull run if you have it because the entire market is going after bitcoin's move.
This is certainly so that the bull season is all about bitcoin and whoever hodls bitcoin then is at advantage more than those with some altcoins because some altcoins will not bull even if bitcoin is increasing. Therefore, bitcoin investment is the best in cryptocurrency.
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It is important to note that the halving event, which occurs every 210,000 blocks mined, or roughly every four years, has historically resulted in an increase in the price of Bitcoin over time. However, it's important to remember that past performance is not a guarantee of future results and that the cryptocurrency market is highly volatile. It's also worth noting that different investors have different risk tolerance and investment strategies, what works for one person may not work for another.Diversifying your portfolio can help spread risk and potentially increase returns, but it's important to conduct your own due diligence and make suggested decisions time to time to get consistent returns.
This recent increase is still early days and we will see it soon throughout 2023. There may be a break at some point and that is an opportunity for anyone looking to take advantage of the halving.
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To be sincere with you guys, I never give any thought for. Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.
To be sincere with you guys, I never give any thought for. Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.
So I can say that my portfolio is made up of 90% BTC and the remaining 10% as savings in case there will be further opportunity to buy BTC at a discount price.
Regarding this personal investment strategy, always better investing in bitcoin only, doesn't diversify your portfolio and make it less risky. However, you may be comfortable with the risk and potential reward of having 90% of your portfolio in Bitcoin. It's important to make sure that you have an understanding of the risks involved and that you are comfortable with your investment choices.So I can say that my portfolio is made up of 90% BTC and the remaining 10% as savings in case there will be further opportunity to buy BTC at a discount price.
It's also worth noting that investing in altcoins also carries its own set of risks, such as lack of regulation, lack of liquidity, and greater price volatility.
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