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.
Interesting debate I must say, and for me, I think miss Alice is the wisest of them all, I choose her to be the wisest because this is what I myself normally do, I have a good bitcoin investment portfolio, but I also never fail to find some really good altcoins and invest in them as well, ya all will agree with me that, investing in altcoins (I mean not just any altcoin but the few selected good ones) have also proven to be very profitable in both past and present.
Coins like Ethereum, BNB, Solana, Doge, Shiba and a lot more have made alot of people millionaires, just same way Bitcoin has also made alot of people millionaires as wel, so, diversifying ones crypto investment portfolio is always the best way to go if I am asked.
And the next person I think is that wisest is Mr Bob - DCA can be a risky strategy most especially when a bull run is coming, because a coin you buy today and Wait for the price to come down so you buy more, you may come back tomorrow and discover that the price just keeps rising and rising, you end up buying even at a much higher price than your first buy.
DCA to me is a good strategy when in the middle of a bear season, that time, you are very that every is going down, so when you buy, you are sure that when coming back, price must have dropped even farther.
But in a bull season, it's better to just buy once and get your mind off it, and just wait for the profit to start rolling in.