Newbie looking for advice - page 5. | Bitcointalksearch.org

wajik-tempe

sr. member

Activity: 1022

Merit: 252

Quote from: shurcat on November 05, 2019, 06:16:25 AM

Hello all;
I used to have a little btc which sold and use in 2017-2018 , i had lost a good portion of it trying to profit trading with altcoins (bad option).
Now a days i dont have any crypto as i have used the crypto i had in 2017-2018 as my principal funds, i spent it on good and cash out the rest ( a little at a lost but i needed that money) as a student ive used it as my principal money.
Last month i spent my lasts sathosis, owning now 0.0000

But after doing some research and thinking a lot im reconsidering to buy a little (like 100-300dollars) and hold it.

Maybe selling goods i dont use i can buy a little more..
Ive spent some of that crypto in collectibles which maybe i sell here

What do you think people? go all in btc or diversify a little on alts?

Thanks in advance

If your intention is just for investing for a long term, buying btc right now and hold it until the end of next year is the best option in my opinion since bitcoin is gonna held halving and second quarter next year.
But if you want to earn daily earning from doing daytrade you should buy some alts, but from what i heard based on your experienced you're not a good trader who can control emotion so use don't even have 0.00000001 in your balance. So, i recommend you for just doing long term investing

btc78

full member

Activity: 2520

Merit: 214

Eloncoin.org - Mars, here we come!

Quote from: shurcat on November 05, 2019, 06:16:25 AM

Hello all;
I used to have a little btc which sold and use in 2017-2018 , i had lost a good portion of it trying to profit trading with altcoins (bad option).
Now a days i dont have any crypto as i have used the crypto i had in 2017-2018 as my principal funds, i spent it on good and cash out the rest ( a little at a lost but i needed that money) as a student ive used it as my principal money.
Last month i spent my lasts sathosis, owning now 0.0000

But after doing some research and thinking a lot im reconsidering to buy a little (like 100-300dollars) and hold it.

Maybe selling goods i dont use i can buy a little more..
Ive spent some of that crypto in collectibles which maybe i sell here

What do you think people? go all in btc or diversify a little on alts?

Thanks in advance

You have already failed in altcoins as you mentioned, and now thinking another chance again?though i don't usually tell people to go all in,but this time as i read your story? I can say that better go Place all for bitcoin and don't think more and do it now as time is running and December is near to come ,this is one of the most expected time that bitcoin and the market will pump at least enough to bring profit

hugeblack

legendary

Activity: 2702

Merit: 4002

Perhaps one of the reasons for your loss in 2017 is greed. It was high oriented and you decided to jump out.

You must specify why you want to buy Bitcoin? You will not make a profit from the receipt of $ 100, especially since the price is now at about $ 10,000.
You should invest in knowledge, learn how to read charts and then you can earn by knowing using this forum or anywhere.
This knowledge will contribute to converting $ 100 to $ 100,000 using BTC or without it.

If you do not know how to invest it is better to bet on Bitcoin rather than other shitcoins.

peempeem

newbie

Activity: 14

Merit: 0

Depends.

Are you in it for making short term income or would you rather buy and hold over years?

Sounds like you just want to make short term money. Then you should learn how to trade or you are destined to lose money/cash out again.

Doell

hero member

Activity: 2156

Merit: 531

your option is better to use half for bitcoin and half for spread in the form of altcoin ,I'm sure your decision return to crypto is the right choice and you will definitely already gained experience in 2017

Gozie51

hero member

Activity: 2660

Merit: 630

Vave.com - Crypto Casino

Quote from: shurcat on November 05, 2019, 06:16:25 AM

Maybe selling goods i dont use i can buy a little more..
Ive spent some of that crypto in collectibles which maybe i sell here

What do you think people? go all in btc or diversify a little on alts?

Thanks in advance

When you are talking about selling goods, I hope you not talking of your valuable property because investment in crypto is risky. However, bitcoin is safer to put money than in altcoins. Some altcoins are shit and can draw you downwards faster than you think.

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: shurcat on November 05, 2019, 06:16:25 AM

Maybe selling goods i dont use i can buy a little more..
Ive spent some of that crypto in collectibles which maybe i sell here

What do you think people? go all in btc or diversify a little on alts?

Thanks in advance

Selling out into those years are the best time to sell it out.It isnt really bad to spend out or cash it all if you do have something important to be prioritized.
Going back into crypto investing doesnt have specific or right time for you to question about it because market do always move. Starting for few dollars
isnt a bad start up. Plan for buying alts? Then choose up the top ranking ones.Dont go for low cap coins and hoping for some moon because this wont happen
easily on this year and upcoming ones.

Darooghe

sr. member

Activity: 1120

Merit: 255

I think diversification is very important in crypto investments. If you ask most seasoned investors about their portfolios they will tell you that they are invested in multiple mainstream currencies as well as a whole bunch of altcoins.

The crypto market is extremely volatile and it is dependent on various factors totally out of our control. for this reason it is important to have a diverse portfolio in which even if one currency plummets the end profit would be secured by growth of other assets or even by the explosive growth of at least one asset. I would divide equally in three areas. Bitcoin, Ethereum and Vechain. They all represent three different facets of the crypto world and are not tied directly to each other.

DeathAngel

legendary

Activity: 3304

Merit: 1617

#1 VIP Crypto Casino

Spend what you can viably afford on bitcoin, don’t bother with shitty alts, sure you might get lucky & make money with alts but equally, just as likely you’ll lose money.

Stick to the real deal & buy BTC.

Hold onto your BTC & wait for the guaranteed profits to rain in during the next epic bull surge.

shurcat

newbie

Activity: 6

Merit: 0

Hello all;
I used to have a little btc which sold and use in 2017-2018 , i had lost a good portion of it trying to profit trading with altcoins (bad option).
Now a days i dont have any crypto as i have used the crypto i had in 2017-2018 as my principal funds, i spent it on good and cash out the rest ( a little at a lost but i needed that money) as a student ive used it as my principal money.
Last month i spent my lasts sathosis, owning now 0.0000

But after doing some research and thinking a lot im reconsidering to buy a little (like 100-300dollars) and hold it.

Maybe selling goods i dont use i can buy a little more..
Ive spent some of that crypto in collectibles which maybe i sell here

What do you think people? go all in btc or diversify a little on alts?

Thanks in advance

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