Topic: My investments ahead of the 2024 halving 100% Bitcoin - page 4. (Read 609 times)
I have always said that you should not even think about altcoins in terms of investment, they simply have no potential in the long run so when you talk about a portfolio it should contain bitcoin and other stuff that have no connection with bitcoin market and its price like gold, stocks, etc. That way you can diversify and reduce the risks while being involved in more than one asset market.
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.
There are friends like that who are used to shitcoins and did not have too much faith in Bitcoin because they believe it cannot give them as much profit as some shitcoins do when the market is fully stable, they don't know the risk involved in investing in a project that is centralized and has more than one owner, which means that the team may have misunderstandings, resulting in the project collapsing completely, resulting in a loss of total investmentQuote
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.
That's a very good one OP, the 10% will be as a reserve in case if there is another opportunity of buying at a lower price.We cannot really blame them as maybe they already had reap some fruits of their labor in the last hype train, that's why they are aiming more to accumulate and wait for the next hype train to come. I just do hope that these kind of people do know the risks they are into because shitcoins are very unpredictable as most of them are usually controlled by crypto whales who will manipulate the market in any given time for their own gains.
But as for me, it's still best to hold BTC and other leading competitive altcoins. Risks are somehow reduced because these whales don't have the power to manipulate it.
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.
If you ask me, I personally would not go all in for any asset, even for bitcoin and even if I believe in bitcoin still I think going all in is not a wise move to do for anyone in any situation, however from what we can see on the history of the price of bitcoin and based on many charts especially the rainbow chart, bitcoin can be a good investment option to buy before each halving and because before each halving we usually have a bear phase and during this phase, you can buy and hold until the rising of bitcoin after the halving.
That's much better than those that have 99% of altcoins thinking that all of them will fly high when the bull run comes. As you've said, no one is aware when the bull run will start and we also don't know what are the particular altcoins that will pump during that time.
Yes, many of them will but we don't know if those altcoins that are part of their portfolios will also go up.
Not everyone is with 99% of altcoins in their portfolio. But there are many altcoins has good potential and value, but most of them are scams. You sound like all the altcoin holders are stupid, but when you buy really deep of a potential altcoin it can give you much profit when the price goes up.Yes, many of them will but we don't know if those altcoins that are part of their portfolios will also go up.
Also, don't invest your money in crypto for thinking of flying high in a short period of time.
And that's all about pumping altcoins and making those early holders rich and to think that it could happen to them, they've forgotten the importance of holding bitcoin.
But with the available chats, and recorded data it may take some months after the halving before any significant bull market can break the last all-time Bitcoin record.
I don't expect a very significant increase in the short term towards the halving, but I would tend to expect a normal increase driven by increased demand. FOMO will probably play a part in terms of increased demand, but I'm sure some different thoughts would make for an interesting discussion.I just really believe that the ATH cycle will repeat itself and it will be even bigger than last year.
But we need really strong triggers where the possibility of halving is one of them. Right now most people are waiting and probably have been accumulating bitcoins gradually, it will definitely be useful later.
Is the bock reward halving going to have any impact this time? On all the previous occasions, there were big spikes starting from a few months before the halving event, but I am more skeptical this time. The impact on halving will be more moderate this time, as the mining reward is already down to BTC899 per day now. After the next round of halving, the mining reward will be further lessened to BTC450 per day. This represents only a tiny fraction of the daily Bitcoin transaction volumes. So I am not sure whether a lot of movement will take place in the market solely because of this event. But then, history says something else:
You made a valid observation here say halving alone becomes the agent of the bull run when the block rewards get lower by the events, but quite a good number of speculators believe there is a mechanism attached to bitcoin halving that triggers bull market after the events.But with the available chats, and recorded data it may take some months after the halving before any significant bull market can break the last all-time Bitcoin record.
Everyone here in Bitcointalk would say that their portfolio has BTC, or most of it is in BTC. It makes sense because many of us here are earning BTC with the signature campaigns, and you could manage to achieve it all and not make any vast investing decisions in other coins to prevent losses. I think accumulating is the key, and ensure you are only trying to spend it if you need it.
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.
There are friends like that who are used to shitcoins and did not have too much faith in Bitcoin because they believe it cannot give them as much profit as some shitcoins do when the market is fully stable, they don't know the risk involved in investing in a project that is centralized and has more than one owner, which means that the team may have misunderstandings, resulting in the project collapsing completely, resulting in a loss of total investmentQuote
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.
That's a very good one OP, the 10% will be as a reserve in case if there is another opportunity of buying at a lower price. 
Is the bock reward halving going to have any impact this time? On all the previous occasions, there were big spikes starting from a few months before the halving event, but I am more skeptical this time. The impact on halving will be more moderate this time, as the mining reward is already down to BTC899 per day now. After the next round of halving, the mining reward will be further lessened to BTC450 per day. This represents only a tiny fraction of the daily Bitcoin transaction volumes. So I am not sure whether a lot of movement will take place in the market solely because of this event. But then, history says something else:
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I am also 100% bitcoin. I don't care about the 20-something thousand altcoins. Surely one of them will make 1,000x but I'll stop trying to guess which one like playing the lottery and support centralised projects.
Yes, many people forget that despite the downturn, if we compare to March 2020, bitcoin has had more return than other typical investments such as the US stock market or gold. In other words, in the next bull market, maybe the American stock market will make a 20% return and bitcoin will multiply by 5.
Ya probably going to make 6-7x if you time the top, so you will do better than most in the world. I think buying the blue band on the rainbow chart is such an EZ cheat code in life.
Yes, many people forget that despite the downturn, if we compare to March 2020, bitcoin has had more return than other typical investments such as the US stock market or gold. In other words, in the next bull market, maybe the American stock market will make a 20% return and bitcoin will multiply by 5.
Ya probably going to make 6-7x if you time the top, so you will do better than most in the world. I think buying the blue band on the rainbow chart is such an EZ cheat code in life.
Off course man, I am well aware of the risk associated with bitcoin, but risking on Bitcoin is far more preferable to altcoins.
Over the past two years I have also been investing more in Bitcoin than in altcoins, because I see Bitcoin always has a better push in the market despite the big downturns. But that doesn't last forever with altcoins so risking more money in Bitcoin is definitely a lot better than putting more money in altcoins.Quote
Having 99% of my initial capital on Bitcoin gives me a certain level of peace of mind, and I ok with that compared to the uncertainty of altcoin is like gambling when investing in them, y can go from 100 to zero within a few minutes.
That is a natural thing because everyone who already knows how Bitcoin is, of course, will make his mind calmer when he puts his money into Bitcoin as an investment that he believes is very good. And as long as you really understand the risks, it's not wrong to invest anywhere. 
So at this point I am all into BTC and nothing more.
Not a good decision! Bitcoin is surely the best bet ahead of halving but there are couple of altcoins which you must add to your portfolio. For example - ETH! The way bitcoin is the pioneer of the crypto market, ETH is the pioneer of the smart contract facility. If you see past trend, ETH usually follows the price trajectory of bitcoin. So putting all your eggs into one basket, is not a good idea and advising people to do so is even worse. Diversification is the best decision you can take!
Investing only in bitcoin when it comes to cryptocurrencies is very good advice because other coins are not reliable since they can be easily manipulated. The majority of these shitcoins that promises to give huge profits always turn out to be a scam.
But it is also important not to put your total investment in bitcoin. As much as it is good to have a bitcoin investment portfolio, you can still invest in other sectors. In my country, the real estate sector is doing well because of the increase in population. Some people buy cheap land in the interior and sell the in a few years when the price has appreciated due to development. All investments are indeed associated with risk, but you can identify other good investment opportunities in your area.
But it is also important not to put your total investment in bitcoin. As much as it is good to have a bitcoin investment portfolio, you can still invest in other sectors. In my country, the real estate sector is doing well because of the increase in population. Some people buy cheap land in the interior and sell the in a few years when the price has appreciated due to development. All investments are indeed associated with risk, but you can identify other good investment opportunities in your area.
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.
When it comes to investing one of the factors that should always be on the back of your mind is the risk that you are taking, and while bitcoin carries more risk than other assets, when it comes to this market bitcoin is probably the safest investment you can make.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.
So from that perspective investing all the capital you have decided to invest in bitcoin is a good strategy, those investing in altcoins are doing so due to the increase in the profits they think they can get, but this also carries a higher degree of risk, and when in doubt it is better to take the lowest risk we have available at the moment, so your decision to stick to bitcoin despite the advice being given by your friends is the right thing to do.
From my personal experience and through recent incidents I can confirm with full force that Bitcoin is the only safe coin, all other altcoins including the top 10 coins in the market are vulnerable to crash at any moment.
Of course, some altcoins can give you high profits, but at the same time they carry a very high risk and the possibility of losing your entire money, so bitcoin is the first choice.
Altcoins are good for quick speculation and making some immediate profits, but they are a very bad option for investing in the long term.
Of course, some altcoins can give you high profits, but at the same time they carry a very high risk and the possibility of losing your entire money, so bitcoin is the first choice.
Altcoins are good for quick speculation and making some immediate profits, but they are a very bad option for investing in the long term.
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.
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.
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.
Yeah, looks good to me, on the contrary, there could be investors who is just pure hands down on bitcoin and be 100% of it's portfolio. 10x is possible in the next bull run, who knows.
We all know that altcoin is very volatile, and unless you get them very cheap and the project looks solid, then maybe you will have a good chance to make more money. But why not take that risk when you can slowly buy cheap bitcoin and then hold and see how X amount of returns in the next halving that can go till 2025 peak price.
We all know that altcoin is very volatile, and unless you get them very cheap and the project looks solid, then maybe you will have a good chance to make more money. But why not take that risk when you can slowly buy cheap bitcoin and then hold and see how X amount of returns in the next halving that can go till 2025 peak price.
This looks like a healthy portfolio to me. But what is that 10% savings of yours? Is it in USDT or USDC or any stablecoin? Or you're talking about your investment portfolio in general, not crypto portfolio, and that 10% is in fiat?
Anyway, many might not agree with you that since altcoins are centralized, they're not worth investing. After all, many crypto investors don't really care whether a coin is centralized or not. They couldn't care less about the technicalities of a coin. They only care about its potential to increase in price rather quickly so that they could make the most of it and leave before it dies.
Anyway, many might not agree with you that since altcoins are centralized, they're not worth investing. After all, many crypto investors don't really care whether a coin is centralized or not. They couldn't care less about the technicalities of a coin. They only care about its potential to increase in price rather quickly so that they could make the most of it and leave before it dies.
This is great OP and your advice for newbies is also a welcome and commendable one I must say. Bitcoin should be the main priority of every cryptocurrency enthusiast, if not 100% but at least 80% of your cryptocurrency investments should be in bitcoin. Bitcoin is distinct from other cryptocurrencies and always have potential for future investment opportunities and profits unlike other altcoins that may likely exit the market and crash on the long run.
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