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Topic: My investments ahead of the 2024 halving 100% Bitcoin - page 2. (Read 620 times)

hero member
Activity: 2044
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Leading Crypto Sports Betting & Casino Platform

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.

It is interesting but investing in Bitcoin alone is the safest investment than risking to new altcoins. However, I understand why your friends encourage you to invest in altcoins because they wanted you to spread your investment for this could help you also to earn more profit but yes, the risk is too high. Considering that you can't take risks more, your decision is right because it was preferred to just invest money that we can afford to lose which I found out that you can't.
As we all know, the anticipated increase would be on 2024. Bitcoin and Ethereum I guess, are the only tokens which would be and could be trusted for holding that long. Well, there are others such as stable coins but profit won't be as promising as with the major coins. Altcoins on the other hand would be giving or generating bigger profit due to its higher rate of increase during a bull trend but it is hard determining which token would be the right choice which creates risk for long term holding. If you're an investor with altcoin preference, this is not the right time to enter for the next anticipated pump. Unless you are willing to trust that much and gamble on your altcoin prospect.
If you aren't confortable taking the risks of altcoins, it's really better that you invest exclusively in bitcoin. That is what I would name a very conservative investment strategy, and probably the best approach in crypto market for those who are newbies or for who doesn't have much money to risk, so their guess must be the right one, and the right one is Bitcoin, without any doubts. Personally, I invest only a small portion of my holdings in altcoins, but I'm also adept of the conservative bitcoin strategy for the biggest part of my holdings. And I also avoid holding fiat as well, since it heavily loses purchasing power, so I'm fully into cryptocurrency.
legendary
Activity: 2436
Merit: 1232
Leading Crypto Sports Betting & Casino Platform

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.

It is interesting but investing in Bitcoin alone is the safest investment than risking to new altcoins. However, I understand why your friends encourage you to invest in altcoins because they wanted you to spread your investment for this could help you also to earn more profit but yes, the risk is too high. Considering that you can't take risks more, your decision is right because it was preferred to just invest money that we can afford to lose which I found out that you can't.
As we all know, the anticipated increase would be on 2024. Bitcoin and Ethereum I guess, are the only tokens which would be and could be trusted for holding that long. Well, there are others such as stable coins but profit won't be as promising as with the major coins. Altcoins on the other hand would be giving or generating bigger profit due to its higher rate of increase during a bull trend but it is hard determining which token would be the right choice which creates risk for long term holding. If you're an investor with altcoin preference, this is not the right time to enter for the next anticipated pump. Unless you are willing to trust that much and gamble on your altcoin prospect.
hero member
Activity: 2926
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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.

It is interesting but investing in Bitcoin alone is the safest investment than risking to new altcoins. However, I understand why your friends encourage you to invest in altcoins because they wanted you to spread your investment for this could help you also to earn more profit but yes, the risk is too high. Considering that you can't take risks more, your decision is right because it was preferred to just invest money that we can afford to lose which I found out that you can't.
hero member
Activity: 532
Merit: 508
Leading Crypto Sports Betting & Casino Platform
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.

 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,

OP, you have a good knowledge of crypto, which is why you chose Bitcoin over altcoins, and that is what I wish for every Bitcoin newbie. Altcoins are not usually the right choice for a newbie, but most times, they become tempted by the price and the maximum they could acquire. Some folks with a fresh interest in crypto always ask: "What are the best cryptos they can invest in and cash out x10 (or more) profit on?" As a result, they end up feeding their portfolio with some shite and later put the blame on the person that guided them. Some altcoins may possibly yield X10 during the bull run, but for sure we cannot tell which it will be, so the best option is to stack Bitcoin.

If you have 90% of your crypto assets in Bitcoin, then your portfolio is solid. Despite not knowing when the next ATH will be, it's a good decision to stack your portfolio with some SATs. 
sr. member
Activity: 2548
Merit: 329
It's also a good idea to stay informed about the latest developments in the cryptocurrency market and to be aware of the risks involved in investing in any coin, whether it's bitcoin or an altcoin.
But do not forget that investing in altcoins has its own set of risks, it also has potentials to yield higher returns than Bitcoin. However, it's important to conduct thorough research and make sure the project has a solid foundation and a good team behind it. In general, it's important to make sure that you have an understanding of the risks involved and that you are comfortable with your investment choices. It's also important to remember that investing in cryptocurrency is a high-risk endeavour and one should seek professional advice before making any investment decisions.
hero member
Activity: 812
Merit: 560
There's this high probability that if you invested on bitcoin this year before the 2024 halving arrives there's certainty to making profitable return from your investment since those that just set in last week into bitcoin investment have already got something tangible out of it as there have been a margin between last week and this weekend with bitcoin price, so going by the next year event will be a boom to fast track the process with high volatility, this is part of the reasons people stick to bitcoin investment aahead the time when they buy the dip and hold on a specific target on event like that of the halving we are expecting for 2024.
hero member
Activity: 1008
Merit: 525
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Yes we have already experienced a bit of up surge since few days now and guess what this happened after we entered into new year. Isn’t that is the sign we should not be missing bitcoin even at this point? Brace yourself guys we should be making more investments everyday and save up your change into bitcoin and push the portfolio. Halving is real, it’s proven time and we know how bitcoin goes boom level during halving.  Whatever might be causes for the same but it’s beneficial for us. Smiley
We always have the opportunity to invest in Bitcoin at any point in time and this is a crucial time we need to take a long at investing in Bitcoin since the entire crypto market is bearish without knowing when the market is going to move to the bullish direction. It is will be very fortunate for most of us that are already investing in Bitcoin now and accumulating a large holdings.
Since the beginning of the near market many newbie investors had lost hope in the market and had stop buying and holding because they never know how the crypto market works. Let's keep holding our coins for a better market days.
hero member
Activity: 2268
Merit: 581
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.
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.
full member
Activity: 1092
Merit: 227
Yes we have already experienced a bit of up surge since few days now and guess what this happened after we entered into new year. Isn’t that is the sign we should not be missing bitcoin even at this point? Brace yourself guys we should be making more investments everyday and save up your change into bitcoin and push the portfolio. Halving is real, it’s proven time and we know how bitcoin goes boom level during halving.  Whatever might be causes for the same but it’s beneficial for us. Smiley
full member
Activity: 1050
Merit: 140
If there is a desire to buy altcoins, then the maximum you can allocate for this is 10% of your portfolio, but personally I would not do this. If there is bitcoin and I am confident in it, then why should I buy other coins?

I doubt that in the end these altcoins will grow significantly higher than bitcoin, but at the same time there is a very high risk that this altcoin may not grow, or something will happen to this project and its price will fall significantly.

Even if I know that bitcoin will grow a little less, but I will be sure that this is a reliable investment and nothing bad will definitely happen to it.
It's important to remember that different investors have different risk tolerance and investment strategies, and what works for one person may not work for another.

However, it's generally a good idea to diversify your portfolio to spread out risk and potentially increase returns. It's also important to conduct thorough research and consider multiple perspectives before making any investment decisions. It's also a good idea to stay informed about the latest developments in the cryptocurrency market and to be aware of the risks involved in investing in any coin, whether it's bitcoin or an altcoin.
hero member
Activity: 980
Merit: 947
Make sure we always hold bitcoin before any coin in our portfolio. I won't forbid investing in any altcoins, but don't let us forget about bitcoins and instead focus on altcoins alone.
I usually make bitcoin my top priority, and if I want to invest in altcoins, I only share a portion of my capital in a percentage that is not much more than bitcoin. And even if I want to invest in altcoins, I usually don't focus on one of my coins, but I spread it from my capital for at least 2 types of coins.
If there is a desire to buy altcoins, then the maximum you can allocate for this is 10% of your portfolio, but personally I would not do this. If there is bitcoin and I am confident in it, then why should I buy other coins?

I doubt that in the end these altcoins will grow significantly higher than bitcoin, but at the same time there is a very high risk that this altcoin may not grow, or something will happen to this project and its price will fall significantly.

Even if I know that bitcoin will grow a little less, but I will be sure that this is a reliable investment and nothing bad will definitely happen to it.
hero member
Activity: 1554
Merit: 654
That’s the best investment than having 99% of altcoins on your portfolio. I admit that i’ve made a really bad decision not putting bitcoin as my priorities in investment cause I was expecting that some altcoins would go higher like a boom. Mid year last year I started putting 50% of my funds on bitcoin and will continue this year hopefully.
Make sure we always hold bitcoin before any coin in our portfolio. I won't forbid investing in any altcoins, but don't let us forget about bitcoins and instead focus on altcoins alone.
I usually make bitcoin my top priority, and if I want to invest in altcoins, I only share a portion of my capital in a percentage that is not much more than bitcoin. And even if I want to invest in altcoins, I usually don't focus on one of my coins, but I spread it from my capital for at least 2 types of coins.
hero member
Activity: 1400
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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.
If you want to make a safe investment, then you should invest in bitcoin, investing in altcoins is very risky, any altcoin can fail at any moment no matter how strong the altcoin is, we all saw what happened to some altcoins last year, no altcoin investment is safe.

People advicing you to invest in altcoins that you are going to make 10x of your investment, don't mind them bitcoin can also give you 10x and more, just assume you invested in bitcoin few years ago, you will have make enough money and your mind will be at rest compare to if you invest in altcoins.
hero member
Activity: 2856
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So at this point I am all into BTC and nothing more.
Its your money which it would really be your full decision on where you would be putting up these things or would really be invested.If you do really believe that much in bitcoin 100%
then its none's other business if you do only invest on Btc and not on some altcoins.Although its not really that bad to make up some considerations about altcoins which there are
indeed which are worth to hold too specially for long term but if you do have that fixed mindset and really that just sticking to btc then it isnt really a bad idea either.
Sticking into the original and king of crypto is always the best choice and its been proven out.
I think being in bitcoin will still be much more worth it in any case.
It's not wrong to be in an altcoin but I think apart from a few coins that are quite good in the top 10 there is nothing else that is suitable as an investment especially for the long term.
Now that bitcoin is cheap so rather than considering anything else the OP's decision to be long term for bitcoin I think is a very good decision and indeed it is the thing to do.
hero member
Activity: 2548
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So at this point I am all into BTC and nothing more.
Its your money which it would really be your full decision on where you would be putting up these things or would really be invested.If you do really believe that much in bitcoin 100%
then its none's other business if you do only invest on Btc and not on some altcoins.Although its not really that bad to make up some considerations about altcoins which there are
indeed which are worth to hold too specially for long term but if you do have that fixed mindset and really that just sticking to btc then it isnt really a bad idea either.
Sticking into the original and king of crypto is always the best choice and its been proven out.
legendary
Activity: 2338
Merit: 1124
This was people's thought with Doge coin years back, I was here in this space and many people said Doge coin is not a good buy and hold for a long tern because there was no hype and Elon came to safe the day.

OP I invested in Bitcoin and I have many altcoins as well but I have made over 20x in altcoins since the beginning of this bear market, thanks to the new hypes surrounding Artificial intelligence, now I can easily use some profits to buy Bitcoin and readjust my crypto portfolio.

Buy the rumour sell the news works better than anything in this space.
That is a very very big case of exception. Doge was actually a horrible coin to buy and hold, which I think it is still one right now as well. Just because Elon Musk made it go up for a short period of time doesn't mean that it will always be like that and we shouldn't trust it to go on that long neither. It's a project that was dead before Elon pumped it, and died after he left as well.

Just because you saw that one do it like that, doesn't mean that you should be expecting anyone else to do the same and no other coin to be the same neither. I do believe that bitcoin will be 100% higher, even more, at least x5 when the time comes, but that's on bitcoin and not some meme project.
sr. member
Activity: 714
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That’s the best investment than having 99% of altcoins on your portfolio. I admit that i’ve made a really bad decision not putting bitcoin as my priorities in investment cause I was expecting that some altcoins would go higher like a boom. Mid year last year I started putting 50% of my funds on bitcoin and will continue this year hopefully.

It is not necessary to put all your assets in bitcoin, you can also allocate in altcoins, but need to prioritize bitcoin for your portfolio. That is absolutely necessary. I see nothing wrong with OP putting an entire portfolio in bitcoin but it would be a waste if we missed out on potential altcoins. So I will only put 90% in bitcoin, the remaining 10%, I will look for potential altcoins.
member
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That’s the best investment than having 99% of altcoins on your portfolio. I admit that i’ve made a really bad decision not putting bitcoin as my priorities in investment cause I was expecting that some altcoins would go higher like a boom. Mid year last year I started putting 50% of my funds on bitcoin and will continue this year hopefully.
hero member
Activity: 2548
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I doubt that before dogecoin rise, anyone could really take memcoins for investment seriously. But as we see in the crypto market, everything is possible. Now I don’t see a safer investment for myself than bitcoin, this is the coin in which I can invest my money and be calm that it will bring me profit.
I also don't really like any memecoin, both in the past and now because any memecoin has no place in my mind so I have never put my money into memecoin until now even though memecoin had experienced a very extraordinary increase in the exchange, but at that time is going. Bitcoin has also experienced an extraordinary increase so that altcoins can get influence from that too apart from the news written by people who have influence through social media at that time.

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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.
You have chosen the right path for this because no one really says it is bad to invest in Bitcoin because the risks are clearly different from altcoins which are already very numerous and it always takes time to research them on an ongoing basis. So it's better not to bother yourself by looking at so many altcoins because the one that always has the potential to be better is Bitcoin which is simply not comparable to any other altcoin including memecoin.
sr. member
Activity: 686
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   -  It's your choice first and we respect everyone's opinion. That's good for you, and most people here in the crypto space believe that bitcoin is a good long-term investment apart from the good features it has because you have a lot of trust in bitcoin.
The opinion of other people must be respected, especially when it comes to Bitcoin which is clearly very suitable for long-term investment. Because everyone here will also be very happy and feel very happy when they can find profits through investing in Bitcoin. And now Bitcoin has also begun to slowly increase in the market.

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Now, if others believe in altcoins even if in our eyes it is not good, we should still respect it. Because not all altcoins are as bad as we think, like what happened with SHIB, many people did not believe in it, but when it suddenly increased, many people made a lot of money from it because they bought a lot when it was cheap.
Altcoins like SHIB have gone viral and paid dividends for people who believed in them when they were cheap, but I still don't see them as long term investments. Because for me SHIB is only suitable to be owned for a while without having to keep it for too long like storing Bitcoin. That's my opinion of SHIB and indeed very different from my opinion of Bitcoin.
This was people's thought with Doge coin years back, I was here in this space and many people said Doge coin is not a good buy and hold for a long tern because there was no hype and Elon came to safe the day.

OP I invested in Bitcoin and I have many altcoins as well but I have made over 20x in altcoins since the beginning of this bear market, thanks to the new hypes surrounding Artificial intelligence, now I can easily use some profits to buy Bitcoin and readjust my crypto portfolio.

Buy the rumour sell the news works better than anything in this space.
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