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Topic: Who is wiser? - page 2. (Read 900 times)

hero member
Activity: 2002
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December 16, 2023, 12:01:37 PM
At the current market condition and having bull run in mind, these persons have $10,000 to invest.

  • Mr. Bob goes 100% with bitcoin.
  • Miss Alice goes 50% bitcoin and 50% random altcoins.
  • Mr. theymos goes with bitcoin but $100 weekly DCA.

Tricky question, I think that going with Bitcoin is the key at the moment to take advantage of all the upside potential that will come with the halving next year and all the new BTC ETFs being created. The question of course now is when another price jump is going to happen. So far, the Bitcoin journey in the last few months has been awesome and it's hard to say if the short term trend is going to continue like that or if we are seeing a price correction before the next bull run. Which is why I would probably prefer to use the DCA method to invest my BTC, but not with 100 USD per week which is too low. To invest our 10,000 USD at 100 USD per week, it would take us close to 2 years to get fully invested in Bitcoins. The weekly purchase rate should be better around 400 USD, so that we would be fully invested after 6 months. 
sr. member
Activity: 224
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December 16, 2023, 09:42:23 AM
This becomes a tricky question but I attempt from my own perspective.

In the case of Mr Bob who invested 100% into buying Bitcoin at one time can be seen if he had bought at the button dip, like when the price of Bitcoin was around $15k to $16k buying all at once would not have been a terrible idea but with the current price today if he buys now, there is every possibility of his profit to be or not bigger than the person who is DCAing.

Miss Alice using 50% to invest then 50% for Altcoin can be wise only if the Altcoin which she choose to invest gives her more than what she should have gained in Bitcoin by buying the DIP or doing DCA but if she takes loss then is she unwise.

Mr Theymos would buy at the current price, still buy lower and also higher due to volatility, there is every tendency of Mr Bob getting the higher profit, same with Mr Theymos.

But no one can tell what the future holds, as the person who makes the better profit becomes the wisest of them all.
newbie
Activity: 24
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December 16, 2023, 09:03:18 AM
#99
At the current market condition and having bull run in mind, these persons have $10,000 to invest.

  • Mr. Bob goes 100% with bitcoin.
  • Miss Alice goes 50% bitcoin and 50% random altcoins.
  • Mr. Theymos goes with bitcoin but $100 weekly DCA.


Every investment is a game of choice played with informed information; each of them might be the wise person based on the information they have access to. But one thing is certain: the outcome is the proof of the wise on.

Mr. Theymos has a good and cool strategy for buying with dollar cost averaging, which will enable him to buy more due to the volatility of bitcoin in a short time frame.

Miss Alice Strategy seems to be an informed strategy because she might have seen potential in other altcoins as a trader.

Mr. Bob goes 100% with bitcoin because he might have a long-term investment decision, or that is the price for his DCA for a specific time.

In investment, everyone tries to play it safe based on their knowledge and how they can control the level of fear and greed.

I think Mr. Theymos is the wise one here because he has the advantage of buying more due to dip time.


hero member
Activity: 910
Merit: 680
December 15, 2023, 10:07:37 AM
#98
Since you're talking about profit, the answer is no one can know who's wiser here.

Mr. Bob could make a lot money since he buy Bitcoin at once.

Miss Alice could make huge amount of money since she earn 3x-5x in Bitcoin and then 1,000,000x in Altcoins, who knows right? most people saying the 50% portfolio in altcoins will lose, how do you know which coin(s) she bought from 10K coins out there?

Mr. Theymos is unwiser because he want to ban mixer, sorry for OT.
legendary
Activity: 2128
Merit: 1775
December 15, 2023, 08:22:54 AM
#97
At the current market condition and having bull run in mind, these persons have $10,000 to invest.

  • Mr. Bob goes 100% with bitcoin.
  • Miss Alice goes 50% bitcoin and 50% random altcoins.
  • Mr. theymos goes with bitcoin but $100 weekly DCA.
One and three are high risk, so I chose number two more wisely, the action taken by (Miss Alice), the 50-50 method has been used by many investors in investing, maybe I do too, that's what I see from several experiences in the field of crypto investment from time to time.

50% of funds for Bitcoin 50% more for types of crypto that have good potential in the crypto market, the saying goes.
Quote
Don't put your eggs in one basket.

The saying above shows a high risk for those who do that, meaning investing in several parts is a good idea, of course Bitcoin is the main choice.
legendary
Activity: 3332
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#1 VIP Crypto Casino
December 15, 2023, 06:50:59 AM
#96
At the current market condition and having bull run in mind, these persons have $10,000 to invest.

  • Mr. Bob goes 100% with bitcoin.
  • Miss Alice goes 50% bitcoin and 50% random altcoins.
  • Mr. theymos goes with bitcoin but $100 weekly DCA.

My preference would be to go with Mr Bob, it’s not as exciting as Miss Alice & the potential profits will be less than if Miss Alice hits random lucky altcoin pumps but slow & steady wins the race. I prefer the more proven method.
DCA can be good but with the bull run nearing I think if’s too late to take advantage of DCA, smash buying would be better at this stage in the cycle.
hero member
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December 14, 2023, 11:44:51 PM
#95
I would say that the third one that you named after the Legendary Theymos is doing a good job by investing $100 per on Bitcoin by following a DCA strategy. But, I would like to add that instead of weekly DCA he should follow dip buying strategy because that has been known to give huge profits and the average price get better with each dip.

The 3rd one is obviously wiser because he knows that it's crypto market and the price can go up and down. Although, I firmly believe that Bitcoin is going to go up in coming weeks but still we can't just be right 100% most of the times. It's always better to follow a time-tested strategy that would allow you to accumulate for long term.
full member
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December 14, 2023, 11:36:08 PM
#94
Current market conditions are increasing, of course the price of bitcoin is rising as well as altcoins whose prices continue to rise, okay I will answer according to the knowledge I have.

What Mr. Bob is doing is actually good if he invests long term in BTC and of course the market will continue to rise because soon there will be a BTC halving and in 2025 there will be a bull run.

If Miss Alice buys 50% BTC and 50% Altcoin, that is also the right decision as long as you buy quality Altcoin, then of course you will get bigger profits because when the price of Altcoin goes up it always goes up very high, it can even be 500% during a bull run.

I think Mr. Theymos has done a good and wise thing, even when there is a price increase, the DCA system can indeed be applied and only buy when there is a price decrease, of course we always see that there is always a correction and it is during the correction that we take advantage of the opportunity.

I think in this case everyone has individual reasons and indeed the most appropriate and safest thing is to buy crypto during a bearish market and if you buy during a bull market it is of course very risky because crypto price movements are difficult to predict.

All three will certainly profit in the bull market but OP's question is, who is smarter and gets the most significant gains? The market fluctuates very unpredictably, so I think it is impossible to know who will achieve the highest profits. But if it were me, I would choose Miss Alice because altcoins will usually have better gains than bitcoin when a bull market appears. But what is more important is whether Ms. Alice will take profits on altcoins at the right time or will be greedy until she loses all profits because once the bull season ends, altcoins will plummet. Profit taking time is also an important factor that determines the profit of each investor.
hero member
Activity: 812
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December 14, 2023, 09:55:09 PM
#93
Every one is using own strategy which he believes that he can get profit. All mentioned three investment  have pros and cons and let's see who is the wiser man.

1. Mr. Bob (100% Bitcoin):
Pros: If btc perform well then he will get potential gains and his portfolio will skyrocket.
Cons: Btc is safe coin but still volatility is more than other assets so bob is lack of diversification and he will have to wait more if btc dive into bear market

2. Miss Alice (50% Bitcoin, 50% Altcoins):
 Pros: Diversification founded and any potential for higher returns if some altcoins outperform market..
 Cons: altcoins are riskier and more volatile. Altcoins could failed in the long term journey.

3. Mr. theymos (Bitcoin with $100 Weekly DCA):
 Pros: DCA will minimizes the impact of short-term market fluctuations and gives well disciplined approach to investing. No matter btc down for short
 Cons: Theymos can miss lower price and he would need to contribute every time period.

So it is obvious that Theymos has a best strategy in the market as his investment is totally save and best discipled which is key point for investing anywhere. Although I am also love to take risk on altcoins and I think second person with 30% altcoins will fit for me.
full member
Activity: 383
Merit: 162
December 14, 2023, 09:32:44 PM
#92
Current market conditions are increasing, of course the price of bitcoin is rising as well as altcoins whose prices continue to rise, okay I will answer according to the knowledge I have.

What Mr. Bob is doing is actually good if he invests long term in BTC and of course the market will continue to rise because soon there will be a BTC halving and in 2025 there will be a bull run.

If Miss Alice buys 50% BTC and 50% Altcoin, that is also the right decision as long as you buy quality Altcoin, then of course you will get bigger profits because when the price of Altcoin goes up it always goes up very high, it can even be 500% during a bull run.

I think Mr. Theymos has done a good and wise thing, even when there is a price increase, the DCA system can indeed be applied and only buy when there is a price decrease, of course we always see that there is always a correction and it is during the correction that we take advantage of the opportunity.

I think in this case everyone has individual reasons and indeed the most appropriate and safest thing is to buy crypto during a bearish market and if you buy during a bull market it is of course very risky because crypto price movements are difficult to predict.
hero member
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December 14, 2023, 03:18:23 PM
#91
At the current market condition and having bull run in mind, these persons have $10,000 to invest.

  • Mr. Bob goes 100% with bitcoin.
  • Miss Alice goes 50% bitcoin and 50% random altcoins.
  • Mr. theymos goes with bitcoin but $100 weekly DCA.
Current market condition? for how long the $100 weekly DCA will be made? I think that it's going to be him to be the winner of this if let's say this continues up to 10 years. LOL. While for some reasons, the second could be Alice that has some potential altcoins that she had randomly bought and like the meme coins. a $100 worth of meme coins there could blow up in time and will give her tremendous gains.

That's possible but there's no sense in here with the comparison as the three have their own unique ways of investing on this market. I think that's the best highlight that we can get from here and those that are still thinking on who's the wiser one, you can be your own wise man to yourself by simply applying any of the techniques from the three that you think is worth it and might work for your investing style.

Because if it doesn't work pretty much on you, then that only means that there must be other strategies that you might want to try next time. Another thought about the DCA, before we hit the bull run, this serves as a reminder that we need to DCA and accumulate.
legendary
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A Bitcoiner chooses. A slave obeys.
December 14, 2023, 03:13:37 PM
#90
At the current market condition and having bull run in mind, these persons have $10,000 to invest.

  • Mr. Bob goes 100% with bitcoin.
  • Miss Alice goes 50% bitcoin and 50% random altcoins.
  • Mr. theymos goes with bitcoin but $100 weekly DCA.

Theymos is the clear winner here but only if the DCA makes sense. For example: if the starting funds (100%) are 10000 usd then obviously it will take Theymos 100 weeks to fully complete his DCA. That is way too long and by then, Bitcoin will probably have significantly risen in price. And while he made a profit from past DCAs, they won't amount to much.

A daily DCA in such a situation would make more sense.
hero member
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December 14, 2023, 02:52:18 PM
#89
At the current market condition and having bull run in mind, these persons have $10,000 to invest.

  • Mr. Bob goes 100% with bitcoin.
Considering the scenario you have in mind, Mr. Bob is the most wise investor, because he is investing on the most trusted and reputable crypto of the market, which is determining for another cryptocurrencies to go upside and down.

The other two investors commited some mistakes. The second is putting too much funds in altcoins (50%). It means 5000$ from 10,000$ and we don't even know which altcoins she picked. She may compromise her investment considerably if choosing a scammy pump and dump altcoin or memecoin.

The third investor shouldn't do DCA near a bull run, having 10,000$ ready to be invested. He is depreciating his money's potential this way. DCA is recommendable when you don't have a large budget to invest immediately, so you have to rely on monthly income from your wage or another investments to purchase BTC in small portions.
hero member
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December 14, 2023, 02:29:05 PM
#88

Here I would say Miss Alice will end up losing 50% if she goes for random Altcoins and I think both Mr. Bob & Mr. Theymos are would be making wise decision and I personally would go 100% with Bitcoin or else 70% with Bitcoin and remaining 30% which I can afford to lose hence I will be using these 30% into the Altcoins like SOL, ADA and INJ as Altcoins can give much higher profits during bull run (comes with higher risk).
hero member
Activity: 1022
Merit: 744
December 14, 2023, 08:23:01 AM
#87
At the current market condition and having bull run in mind, these persons have $10,000 to invest.

  • Mr. Bob goes 100% with bitcoin.
  • Miss Alice goes 50% bitcoin and 50% random altcoins.
  • Mr. theymos goes with bitcoin but $100 weekly DCA.
Mr theymos is wiser than the remaining two, because DCA method have several advantages which include buying at different price lower than the initial price you bought the first Bitcoin.

I can also consider Miss Ali e been a bit wise because there are also me future in altcoins that’s if the altcoin have potential, it involves high risk but it is also profitable; while Me Bob have 100% believe in Bitcoin which I f he can hold for long term is also good.
legendary
Activity: 1708
Merit: 1048
December 14, 2023, 07:35:14 AM
#86
At the current market condition and having bull run in mind, these persons have $10,000 to invest.

  • Mr. Bob goes 100% with bitcoin.
  • Miss Alice goes 50% bitcoin and 50% random altcoins.
  • Mr. theymos goes with bitcoin but $100 weekly DCA.

  • Miss Alice is going to have a lot of work to do, keeping up to date with these random altcoins for their peaks and ensuring that they are still liquid over time. Otherwise, Miss Alice will probably lose that portion of he portfolio. Especially if they are not researched and completely random altcoins.
  • Mr. Bob and Mr. Theymos will do just fine if they have a 4+ year time frame and they keep up to date with how the market moves. If they take profit when it is reasonable to do so, and either DCA/rebuy later down the track after the halving cycle has finished, maybe they will both do well with both strategies. It really depends on their discipline and emotion when it comes to selling/holding, not just about the strategy they used to buy.

Who is wiser? The one who holds and manages their capital, position and risk responsibly, and appropriately.
legendary
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December 14, 2023, 07:30:29 AM
#85
At the current market condition and having bull run in mind, these persons have $10,000 to invest.

  • Mr. Bob goes 100% with bitcoin.
  • Miss Alice goes 50% bitcoin and 50% random altcoins.
  • Mr. theymos goes with bitcoin but $100 weekly DCA.

It depends on when Mr. Bob makes an entry if he manages to make an entry at the lowest price of the Bitcoin its worth it to wait, next is for Ms. Alice its a good idea too to not carry out all of the funds in a single asset because once the market crash expect that you will burn your portfolio, next is for Mr. Theymos its a good opportunity to make a buy every market opportunity, all of the choices are still in a good day with different reason its up to them when they will get a TP.
legendary
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December 14, 2023, 07:17:39 AM
#84
DCA for buying bitcoin is better than just buying all of it in one lump sum for two reasons:

1) You may not have enough money to buy all the bitcoin at once, so this allows you to spread it out.
2) In case there is an emergency after Bitcoin price dips, you're not suddenly looking liquidating your bitcoin investment at a loss.

Although if you do have enough money for a lump sum purchase, then by all means, do it.
legendary
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December 14, 2023, 07:12:34 AM
#83
At the current market condition and having bull run in mind, these persons have $10,000 to invest.

  • Mr. Bob goes 100% with bitcoin.
  • Miss Alice goes 50% bitcoin and 50% random altcoins.
  • Mr. theymos goes with bitcoin but $100 weekly DCA.
I wouldn't call any of the options being wiser because they are all wise in their own ways.  Under the prevailing market condition and the line up of activities beginning from next year, I think Mr. Bob who chose 100% Bitcoin is smarter. Smarter in the sense that he was able to understand that the halving of next year might lead to massive bull run for Bitcoin with other random altcoins posing a huge risk and uncertainty. 

Theymos is using a good method but $100 weekly is too slow that may see him buying majority of the Bitcoin at high prices. If there is any time to buy Bitcoin, it is now.

Even though the halving is approaching, there is no guarantee that bitcoin will not decline again and the bull season will come immediately when the halving takes place. So it's hard to say that buying 100% bitcoin now is better than DCA every month until that $10k capital is gone. Furthermore, during the bull season, many altcoins have crazy growth, don't forget that altcoins with 100x or 1000x growth mostly occur during the bull season. Take Shiba as an example during the 2021 bull season, it increased thousands of times. Honestly, it's hard to say who will have the best returns out of the three.
hero member
Activity: 2268
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You own the pen
December 14, 2023, 06:23:42 AM
#82
Most people only invest what they can afford because it's really hard to go 100% unless you are used to risking your wealth throughout your life and you are making your investment like gambling. I think others always choose the safest one we have pointed out above and to buy bitcoins with the money you don't have any use for is the right thing to do because after all, bitcoins are still volatile and anything could happen in the crypto market that could lead to your great regret of neverending happiness if you hit the jackpot investing at the right time with huge capital.
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