Topic: Sale some ROI of Bitcoin to buy new projects or keep hodling the Bitcoin (Read 179 times)

You completely aware that definitely Bitcoin will give you that profit you are looking for without any doubt of loosing your money invested, why then would you want to option out and use part of the money into investing in Altcoins that are yet under probability of giving you profits. How accurately can you guess this new Altcoins that you plan to give you that 100x, even after checking out their potentials their are still higher risk involved. It is better you use your spare money and invest in any Altcoins of your choice.

Di response so far to di question of dis thread de overwhelming, everybody gree say e no go make sense say make we sale part of our Bitcoin to buy new projects, even with the chances of making plenty profit on a very short term, because of the risks of scams and shitcoins wey plenty for di industry. Anybody wey de follow topic wey I start and my posts go know say I de very skeptical about new projects, because I de always talk say na gamble to invest money inside dem, so dis topic na just to gather opinion of members weda dem fit to sale part of di profit returns on Bitcoin to buy new projects, as you can see di answer so far na resounding NO! My answer too na a capital NO! We no need to compromise di valued Bitcoin wey we don de hodle for any other investments.

For me it is better to keep your money where the risk is less minimal which is bitcoin. If you want to remove some of your ROI in bitcoin, do that and use the profit gotten and be doing DCA on bitcoin as e be say even after the halving don happen e go take few months for the ATH, and during this time price dey come down and go up gradually. It is better to play safe than to fall for the hand of scammers wey dey shift shit coins full market in the name of altcoins.

It is a good plan to diversify an investment but I must tell you it is not good to invest a new project but a project (altcoins) which have been in the cryptocurrency ecosystem space for. Some time that you know that the future is bright because it is not good to invest any project you see in the cryptocurrency market. And another thing need to know be say di increment of Altcoins when bitcoin price increase e no big and if you notice it from the second cryptocurrency which is Ethereum for di last bitcoin price wey him go rice $47,000 but Ethereum price was $2,3k but him been dey $2,2k and di different was not big sef. And if they was like that then the other once would not even come out. And the only time when you go fit make profit altcoins is when you invest in dem for like 8-10 years interval and not within 6 months matter of. If you invest in any new project now and thinking to make profit in this coming bull run of the cryptocurrency market, my brother na error be dat. Therefore if you want to make profit for any cryptocurrency as a new project you can invest in it now and you have to wait for some years to come and allow di coin to mature by increasing in value and price before you can make profit in it.

Op you for make small explanation of the meaning of  (ROI) Return on Investment which has to do with the diversification of investment to make profit. Using  (ROI) to invest in one of the good idea but make sure you know why you are doing.

This your idea dey very risky even if na profit money e still sound risky, if I may ask you no need the profit or what cause na the profit dey make people choose bitcoin as their investment, anything concerning altcoin nobody really know wetin the end investment go bring out na why people dey fear to buy random coins.
I understand your idea cause if this idea work the profit go too shock but at the same time you should consider first before taking any step forward, I no too like investors wey dey spread their investment for one angle especially for one particular thing like crypto, if you want to extract your bitcoin profit I go advice make you carry go for another investment, investment full but na your choice and money go talk, why I talk like this no be every coin dey trusted and you no go like make your money loss.

Looking for a get rich quick coin will only put you into great loss. I will not try that mistake of selling my most valuable bitcoin that is superior for inferior shitcoin. The reason is that I don't want to gamble with my hard earned money, and bitcoin has proven from the past that it's value increases over time. I prefer to be a hodler than a trader because shitcoin can only be for short term, and not long term. Instead I will do the opposite and sell my shitcoin to use the money and invest in bitcoin. However, we all ha e our decisions to make since whatevee the outcome of our decision is, we are to bear it alone.

If you wan invest into altcoins, no make the mistakes of using your Bitcoin to buy the altcoins, you fit use new money wey just come direct from any hustle wey you dey do and know say na gamble you dey do so but no use Bitcoin buy altcoins or you go regret am especially when the altcoin no dey very well wey be say if you been just hold that Bitcoin you for dun make better profits pass wetin the altcoin wey you buy dey give you. I no support say make you sell your Bitcoin to buy altcoins.

Wetin I fit support na for you to sell your altcoins dem buy Bitcoin because this bull run wey dey come so, Bitcoin go leave plenty altcoins behind. Altcoins fit make gain but when you check Bitcoin gain you go see say the profits go choke too. You know wetin be say Bitcoin increase reach around $100k to $150k or even more self. Your ₦100k wey you invest go dun dey turn like ₦500k (wey be 4x). Altcoins dey wey fit give you pass like that but why you wan go gamble when sure investments dey your front so.

Na to continue dey hodl Bitcoin dey go, if you wan gamble no wahala you fit put money inside some altcoins but no make mistakes say you go sell your Bitcoin to buy altcoins or you go dey regret like many people wey dun get the same thinking like you during the last bull market.

Selling some portion of your bitcoin to invest in altcoins no be better thing to do, and it would affect your bitcoin accumulation plan. I understand that you want where you go get a higher return on your investment in the short term, but I want to let you know that investing in altcoins is the same thing as gambling because you are not sure of what you are investing in and you can lose your money within a few hours. So many project teams are just in for your money, and once they get hold of it, they don't care if the project they developed succeeds again, and they will use your money to leave a comfortable life.

Everything dey upto you. Selling portion of Bitcoin for altcoin na matter of choice and no law wey hold anybody from doin that. But I personally don fall such Victim and E really clear for my eye. So most new project no get destination rather them plan am to hijack people s fund. Scam no be only MMM or other Ponzi scheme, but E also dey for cryptocurrency and people never know. New project go come out pump so high and stay for long and stabliz come dey grow small small, all your mind be say as the pump of about +36473737% to. Normalise for +3% and the amount don balance, you go think say E go later pump the second time. Only for you to invest and hope for great pump and receive a great dump.

As Nwada001 talk bitcoin nor go just raise after halving but with time maybe before the ending of the year or 2025.
The truth be say this idea nor bad sha but just know say na gamble you wan gamble with your money and even say na profit money, the thing fit pain you if you lost m bcos na front person dey do go and nor be back.

If you choose to take the risk, make sure say the profit money way you carry for m, nor big to you, so that you nor go cor dey regret in the end later and also if e go well nor cor go let greed make you regret y u nor use bigger money in case of next time

Bull run no go just come just immediately after halving, eh go come but no be just that time, sometimes self after the halving price fit drop down as the price go need readjust in self after some kind jump way eh fit don perform nah so eh they happen for the past halving away been don happen before this now way dy come.

To invest for altcoin eh get as eh be my brother just as you talk am the risk inside really big well well, and one thing way we also need know be say no be all altcoin they survive for bearish market some after some kind market dump as them drop no more coming back for them, so to chose if eh they right to convert some of person bitcoin holding stable coins then buy altcoin with am I no buy the idea especially for this new projects.

Although things they happen sha eh get project way I fit see way go convince me say eh worth my investment I for sacrifice few from my savings carry buy hold am base on say I no wan totally regret am and projects like that nah ones way don already get their self listed for either binance, KuCoin or any cex exchange way I they use way get high trading volum and I get luck meet am when dem just list am I they follow up that type.

As e be say Bitcoin halving go happen in some months time and after dat one na bull run and ATH we go de expect. According to research altcoins de follow Bitcoin trend to get dem bull run too, and i know say new projects get potentials to pump many times on the short term pass Bitcoin. And as bull season de enter so investors go de warm up to invest in dem to follow enjoy dem plenty ROI, as dem go de enjoy Bitcoin profit wey dem don de hodle for long term.

Di matter now be say most altcoins/tokens wey fit to give investors 10x or more than 100x profit on a short term na new projects and because scams too plenty for crypto market, na gamble to invest in dem.

New projects dem carry risks, some na scam others no fit last while some go last and give better ROI. Di question now be say to minimize di risk of loses, weda e go good to sale some ROI from Bitcoin to buy dis new projects? So if we gain e go be plus, if we lose, e no go too affect us, based on say na profit money we take buy dem.