I believe in Bitcoin but I don't believe they will go up 10 times. Buying Altcoins is a solution for your limited investment but it also comes with risks because nothing is safer than Bitcoin.
Everything in this world has drawbacks, bitcoin is by far the coin which has the highest likelihood of producing profits during the next bull run, in fact I would go as far to say that it has a 100% chance of doing so, however the profits it can produce are on the small side, if you want higher profits then you have no option but to invest on altcoins, but with tens of thousands of them it is not easy to know which one of them will be the one that gives you the profits you are looking for. 
Topic: Should I Keep Buying Bitcoin Alone if I Have Limited Resources? (Read 408 times)
Short Answer is no, doesn't matter how much your portfolio are, it always better to split it into several coin, though Bitcoin will most likely to sustain and I agree that it's currently the safest crypto investment, I prefer to diversify my investment.
If you want to achieve these present goals, I will advice you to invest what you can afford to lose in crypto investment because continue investing will not guarantee you that you will become a wealthy investor when you don't create time to know the potential coins to invest at the moment. No matter amount of money you invest in Bitcoin, you will definitely get a good reward if you can exercise patience by hodling like 3 years before you can sell and it will improve your resources in a way you can invest more to achieve more in the future. Don't invest when the price is high in the market than to wait for the price to decrease before you can buy as much you want and hodl for the price to hit higher before you can sell to make income.
I believe in Bitcoin but I don't believe they will go up 10 times. Buying Altcoins is a solution for your limited investment but it also comes with risks because nothing is safer than Bitcoin.
legendary
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People have different investment strategy, so which ever that work for you it's fine, many people believe they are already late with bitcoin and looking for other coins that will give them similar return as bitcoin.
Buying new coin is the only best strategy rather than keep investing in the bitcoin which has been valued very high. Im thinking about if bitcoin will not able to increase like 10x from current price. That makes altcoins has become the best solution to get decent return from your investment.
i don't evne know why people with low amounts of money keep pushing themselves to buy bitcoin.
People have different investment strategy, so which ever that work for you it's fine, many people believe they are already late with bitcoin and looking for other coins that will give them similar return as bitcoin.
Whenever someone says that Bitcoin has risen too high and they should buy altcoins, show them the dead altcoins and the ever-rising Bitcoin. When you look at the charts in long term, it's pretty obvious what's the right choice. I also think from time to time that Bitcoin is overvalued and other coins have higher profit margins, but when the hype wears off and I see altcoins falling, I realize how solid Bitcoin is again. No altcoin including Ethereum gives me the same confidence in Bitcoin. So don't hesitate to buy Bitcoin even if you have limited resources.
Hi Issac, thanks for your response. To answer your questions from Quote 37, I'm not going to reveal his name, because I have respect for him (he's a marine), and I'm not into maligning peoples names. I'm part of his paid service myself. It's pretty expensive, and no, he is not giving out any other strategies for investing in crypto period. No other names, only accumulating Bitcoin. His service is only for strategies to DCA into Bitcoin at different times like on the weekends and when markets are going down hard in general, so you can establish better avg. prices in Bitcoin over time. I just think people who have spent a lot of money for his paid service and are painfully aware that they don't have anywhere close to his assets to adopt his same strategy successfully might be better served to shadow the approach of genuine early crypto investors from like 2011 with a proven strategy who know more about the crypto space than he does and are genuinely professionals in their own right. And while of course these 2011 crypto investors will always hold Bitcoin as their base and everything will always revolve around Bitcoin for them and that won't change. They pride themselves on having identified disruptive technology like Ethereum early, along with other coins, but they like to hold their knowledge close to their vest.
legendary
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Never think to buy bitcoin if you are having small resources. it's caused by buying bitcoin will give you small profit. How big your profit is actually depends on how much money you have invested. If you are a wise investor and you will never ever pick bitcoin as investment if you known that you have limited resources. Think about that. You must be smart enough before try to invest in the crypto. You will get only small return from there.
Bitcoin is the best coin in crypto. Having Bitcoin is one good investment. Crypto is highly volatile. But the one who leads or who guides the price is Bitcoin. If it goes up then the price of alternative coins will also go up. Therefore, Bitcoin is the safest investment in crypto because the risk is smaller compared to investing in other coins.
Yes Bitcoin is very popular coin in Crypto world. Bitcoin price no person or any cycle can control its price. I think the price of Bitcoin depends on what we trade with Bitcoin every day. But investing in Bitcoin There is no risk. So we can invest in Bitcoin very easily. 
Bitcoin has always been the safest investment option for me for many years. But I also like to make different investments, except Bitcoin and Altcoins. NFT, buying and selling physical collectibles are also fun. But bitcoin always comes first for me. As I said, it seems like the right thing to invest in unlimited assets in valuable and limited assets right now, as I said, Bitcoin comes first, so I can say without a doubt.
Mine as well but investing in Bitcoin is the safest option for me and if I did invest in other crypto like altcoins, meme coin and NFT then I only spend the money I can afford to invest in different crypto if the money I have is limited but even though it is limited, It would be better if I only take some money from the funds (funds or money that will be used to buy Bitcoin only) to buy or invest in different crypto as said before instead of spending more money. 
Bitcoin has always been the safest investment option for me for many years. But I also like to make different investments, except Bitcoin and Altcoins. NFT, buying and selling physical collectibles are also fun. But bitcoin always comes first for me. As I said, it seems like the right thing to invest in unlimited assets in valuable and limited assets right now, as I said, Bitcoin comes first, so I can say without a doubt.
If you don't have a lot of money to spare, it's probably not a good idea to only invest in Bitcoin. Buying Bitcoin can be risky, and if you put all your money into it, you could lose a lot . It's better to spread out your investments and consider other options .Remember to invest only what you can afford to lose.
^I don't see a risk at all if you have a plan for holding it in the long term, not the short term.BTC can be highly volatile, and its value can fluctuate significantly over short periods. If you have limited resources and cannot afford to lose the money you invest, you probably want to reconsider the DCA way of buying BTC, it is a strategy where you invest a fixed amount of money at regular intervals, regardless of the asset's price. It can be a useful idea when investing in BTC or any other volatile asset, especially if you have limited resources. I will consider BTC a good investment than the altcoins.
It's recommended if you have limited funds or limited resources to buy one coin that has proven its worth in the market and that coin is Bitcoin, I always advance new investors or small investors to only go for Bitcoin as a starter and only add more coins in their portfolio after they had enough funds and already educated on what and how to look for a coin as a good investment, but Bitcoin should be a priority buy.
If you don't have a lot of money to spare, it's probably not a good idea to only invest in Bitcoin. Buying Bitcoin can be risky, and if you put all your money into it, you could lose a lot . It's better to spread out your investments and consider other options .Remember to invest only what you can afford to lose.
Depends on where you invest your coin. I would invest in Bitcoin instead of other shitcoins out there if I have less money to be intended for investment. It's not just worth the risk of losing it over something that's obvious that it isn't going to be profitable in the long-termWhatever Bitcoin or Altcoin, when making investment decisions, you should consider your investment goals and risk tolerance. Investment strategies must incorporate diversification and risk management. You know, because of factors such as increased volatility, lower liquidity and limited adoption, altcoins can indeed carry higher risks than Bitcoin. The upside of altcoins, however, is that they can also provide opportunities for growth and higher returns
. @OP, Keep in mind, you should manage your risk effectively, regardless of what assets you invest in. Whenever making investments in cryptocurrencies, it is always an excellent idea to seek advice from market experts or financial professionals. In order to accomplish this, you can use tradingview or any other website where traders are allowed to freely share their experiences.
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Who's this "investing influencer" you're talking about, Winderl? Surely that "investing influencer" still has something unmentioned aside from the answer s/he gave. I would not keep buying BTC when resources became like a scarce for me. I would not loan or/and sell my land just to invest in crypto. That's too much desperation on my own end and that's like digging myself a hole that I would not be able to get out from.
About those crypto investors back in 2011, surely they would say the same of "just buy and hold BTC". It isn't rocket science. Just invest what you afford to lose and forget about it in around year or two. What coins do I think that these early investors hold in complement of BTC and ETH? Surely it is still Bitcoin. Just from how there was massive waves of scams happening to each trends, I won't even attempt to try in the altcoin side if I was that investor though.
If you don't have a lot of money to spare, it's probably not a good idea to only invest in Bitcoin. Buying Bitcoin can be risky, and if you put all your money into it, you could lose a lot . It's better to spread out your investments and consider other options .Remember to invest only what you can afford to lose.
Depends on where you invest your coin. I would invest in Bitcoin instead of other shitcoins out there if I have less money to be intended for investment. It's not just worth the risk of losing it over something that's obvious that it isn't going to be profitable in the long-term 
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There is opportunity in every projects and altcoins, they depends on how you use it and when you use it, it is no longer new that Bitcoin is the king of all, people with big resources prefer to put their money in BTC but I will also tell you that there are some people that had the opportunity to earn the same profit bigger investors earned with less capital in altcoins, this is the power of altcoins because when they want to grow, the hype and market cap gives room for wider growth and everyone always have interest especially when there is fomo in the market, do the research that is necessary and buy with money you can afford to lose, you will make moeny from altcoins in the bull run.
I hear a lot of people asking this question, "Should I Keep Buying Bitcoin Alone if I Have Limited Resources?" I think one person I hear them asking this to most is an investing influencer that made all of his money in the stock market, and in 2019 made the shift into the crypto markets, accumulating Bitcoin and Ethereum at that point. I would say he has over 1000 BTC. Now he is even looking for opportunities to convert his ETH to even more BTC because there is only 1 king. Not only does he think BTC could enter a new phase of outperforming ETH if BTC undergoes mass adoption at some point, but he understands the long term benefits of BTC and all that is implied for BTC because of it's scarcity and superiority. He views ETH as a trade only and he sees BTC as something that you only accumulate and never sell any of. This is the instruction that he gives everyone, including people who ask him, "Should I keep keep buying only BTC if I have limited resources?". The resounding answer from him is "yes, just keep buying BTC and don't ever sell it". Which I would actually wholeheartedly agree with if they were already wealthy people like he is, but maybe what they are politely trying to ask him is, "what can I do to reach my goals like you have?". They, being able to see the end from the beginning, which is that if their position in BTC never grows to anything substantial enough to help them reach their goals, how relevant is the greatness of BTC to them. While an influencer from 2019 has done very well for himself in the crypto markets, aren't there crypto investors that go back to like 2011 and or before that have their roots in crypto and know an exact strategy and approach to help newer people reach their goals in crypto because they have done it themselves? Wouldn't they have something more to say to people than, "just buy BTC?". What would they tell people should be the criteria for their investments? What coins do you think these early crypto investors are investing in currently as a compliment to BTC & ETH, that they believe will help newer investors meet their present day goals?
Very long post. It is likely that all your questions can be combined under one simple question. To buy or not to buy. Buy both coins if you have assets. But all this confusing verbiage has nothing to do with investing. There are two options here. That is, the availability of funds and the desire to invest. And don't bother with incomprehensible arguments. Just buy or not, and analyze the rest more 
You have limited resources in general and should prioritize risk management over chasing higher returns. Investing in lower-risk bitcoins can offer more stability and potentially preserve your capital better than investing in highly volatile altcoins. With limited funds, it's generally a good idea to focus on investments that are considered less risky and have a solid track record. Bitcoin, being the oldest cryptocurrency with wide adoption, may offer a relatively safer option. So risk management, staying informed, and being patient are key factors in pursuing long-term success in any investment endeavor.
I pretty much agree with that, when you know that you can't afford to lose the money that you have, you should first of all not invest in cryptocurrencies, but if you want to do that with the limited resources that you have, Bitcoin is probably the best option considering it doesn't have the possibility of rug pulling or crashing to the end of its tail, so you will not be much worried.Some altcoins might be able to provide higher profits in a shorter period of time but there is more risk in investing in them as anything can happen at any time and we have seen that happening with a lot of altcoins in the past.
If you don't have a lot of money to spare, it's probably not a good idea to only invest in Bitcoin. Buying Bitcoin can be risky, and if you put all your money into it, you could lose a lot . It's better to spread out your investments and consider other options .Remember to invest only what you can afford to lose.
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