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Topic: Who is wiser? - page 3. (Read 900 times)

sr. member
Activity: 476
Merit: 307
December 14, 2023, 05:36:25 AM
#81
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.
sr. member
Activity: 1022
Merit: 280
December 14, 2023, 04:58:36 AM
#80
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 would like the idea of doing the DCA every week as this will help to have your bitcoins accumulated with you with best possible average price and if you are able to do this DCA in the bear market, then you can have a good time enjoying profits in the bull season.

However I would suggest why not make division of 80% BTC and 20% alts. And also keep doing the DCA in the alts.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
December 14, 2023, 03:20:40 AM
#79
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.


I do not recommend people to invest in altcoins because it has too much risk but if someone understands it and is willing to take risks to earn bigger profits then investing in altcoins is not too bad. Especially when the bull season is approaching, investing in altcoins should be considered now. I will also choose Ms. Alice because I am also planning to invest in altcoins from now on. I stayed away from altcoins during the bear season but I think this is the right time to invest in altcoins because when the bull season comes, altcoins give better returns than bitcoin.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
December 14, 2023, 03:08:26 AM
#78
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.
sr. member
Activity: 2618
Merit: 439
December 14, 2023, 01:17:21 AM
#77
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 think these three points are very good. But if I had to choose which one is the best, it would be my version. I prefer number one. Because I see the halving and bullish market will be approaching soon, buying bitcoin with such a large capital will be very appropriate and there is no doubt.
Practical choice in this moment mate ,  while all three choices are best and will  generate us income yet we need to rely in which time it was asked and yes we are nearing halving and sure Bull will follow so better to add all to bitcoin 100% for better result.
we just need to keep it for a while before seeing the better profit at least a year or 2 from now.
sr. member
Activity: 546
Merit: 265
December 14, 2023, 12:05:19 AM
#76
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.
With the state of the current markets condition of the bullish runs while it is expected the the bull-run is activated at any moment soon, first the expectations of every Bitcoin investors is to experience the bull-run in both short-term and the long-term hodlers. And It is usually opportunities that comes and if lost, the Investor has to either hodl or accumulate more for the next couple of years to take part on the next bull run.
The income rates in the Bitcoin markets demands that the higher you Invest is the higher your income.
So I would go with the support that Mr Bobs has the best advantageous chances to earn higher at the closest bull-run even though he bought the Bitcoin on a higher value as at the bullish run, what matters is that he would fast to multiply appreciably in his 100% investment at a time.  
So I would say he Mr Bobs of 100% made hast while the sun is set
sr. member
Activity: 490
Merit: 294
December 14, 2023, 12:04:59 AM
#75
DCA method can be a good decision for an investor at the moment considering the amount of money mentioned. I think it would be a good strategy for an investor following the DCA method to invest in Bitcoin now and hold that investment for a long period of time and continue with his own investments as he sees opportunities. 
If you want to build an investment portfolio then keep more than 90% bitcoin and buy some trusted ALT coins with the remaining 10% but I think bitcoin is the safest long term investment.
sr. member
Activity: 1274
Merit: 338
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December 13, 2023, 11:34:13 PM
#74
Mr Bob is wiser than Miss Alice and Mr. theymos. IMO
He has made the best decision with the money he has, his decision is based on the level of confidence in the price to buy. Based on the analysis he did, using 100% of his money in bitcoin was the right decision. He just needs to wait or use a long-term strategy in investment, maybe he is the type of investor who adopts "Buy and forget for a long time".
sr. member
Activity: 1456
Merit: 326
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December 13, 2023, 11:30:54 PM
#73
Mr. Bob is the person whose thoughts are good because he is selecting bitcoin with all amount of money as there is not another beneficial coin more than bitcoin. Mr. Theymos is most wise person among these three because he is using DCA method which is most profitable investment technology.

I think if Mr. Alice has choosed profitable altcoins then may be he gain good profits but if he choose randomly but altcoins are not worthy then his profit will not be more than other two fellows. He will surely gain interest from bitcoin because bitcoin will go further up but altcoins have no guarantee that how they will perform but if he choose Ethereum and BONK then he can achieve the target.
jr. member
Activity: 103
Merit: 6
December 13, 2023, 10:52:03 PM
#72
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 think these three points are very good. But if I had to choose which one is the best, it would be my version. I prefer number one. Because I see the halving and bullish market will be approaching soon, buying bitcoin with such a large capital will be very appropriate and there is no doubt.
legendary
Activity: 2002
Merit: 1109
Free Free Palestine
December 13, 2023, 10:33:07 PM
#71
I don't think there will be a bigger dump for us to buy bitcoin cheaply. I think DCA is still the best method because the real bull season is not yet here and bitcoin has not made a new ATH yet.
You are making sense from this perspective. First bitcoin is yet to make a new ATH and secondly the anticipated bull run is likely not happening next year. Although, halving will be the first quarter of next year but I have read that the bull run does not happen immediately after halving. It takes more months for the major bull run to happen. If this be the case, theymos can still accumulate good fractions of Bitcoin without fear of lossing and the worse scenario will be that theymos will not maximise his profit but then he might also not lose.
However, if the market goes as speculated by many, Bob will be in better profit than theymos.

We won't know exactly when the actual bull season will come, but if we rely on history, the bull season will come 1 year after the halving ends. So there will be a lot of time for us to buy bitcoin, unlike many people who think that the price of bitcoin has increased too high and is no longer suitable to buy.

As for who gets the most profit in your example, I think it has to do with many factors. They can buy at the same price, but whatever price they sell at is the deciding factor in their profits, so it's hard for anyone to benefit the most.
legendary
Activity: 2478
Merit: 1360
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December 13, 2023, 05:14:31 PM
#70
Using theymos is like you want to be biased here, so we won't say that he isn't the wisest? What's the deal here?

This is easy. Mr, Theymos is the wiser person. My reasons are, first doing DCA is a the most effective method when one is trying to accumulate because the average entry price balances the return on either loss or profits.

Not true. It's not the most effective method and this was actually mathematically proven. Google it and you'll see. They took a random period in bitcoin's history and checked how much money they'd have if they chose to DCA and lump sum buy and the lump sum came up on top every time.

I would choose Mr. Bob and Mr. Theymos to invest everything in Bitcoin because in the long run Bitcoin has higher trust than altcoins so I don't choose Alice.

IMO that's the worst choice.
Bob with a 100% lump sum purchase of bitcoin is the wisest. Prove me wrong.

sr. member
Activity: 1313
Merit: 302
December 13, 2023, 04:42:59 PM
#69
Mr Bob and Miss Alice story again after when they have finished the transaction in the coffee shop. Mr. theymos is wiser because $100 for weekly in DCA is a very good investment plan. Mr. Bob used the 100% without the alternative plan so he has to wait for long period of time. And for Miss Alice, she should not bother herself in Altcoins with the 50% because altcoins will delay her investment.plan therefore let her use all for Bitcoin. Though splitting investment is good but the duration is the main thing. Can she wait for like 10 years.

The story begins at the end,because no one know the reach of the bitcoin to this level.Even the Satoshi doesn't know the reach of the bitcoin to this much high value like 41-68k dollar for the single bitcoin.At the beginning,they deal with the bitcoin price for 100 dollars.After huge stuggle the bitcoin had reached out the value of 1000 dollars,this story was similar to the Ethereum.As we know Ethereum also stuggle to reach 1k and later reached to 3k after the good reach of the bitcoin.

If we back to the story,theymos will be the successful person.Because theymos had their continuous investment to the bitcoin for every week.So he was in the process of building their own place in the bitcoin world.He will have the bitcoin at the various prices,So he will never loss at the time of selling their holding bitcoin.
hero member
Activity: 3052
Merit: 606
December 13, 2023, 04:21:04 PM
#68
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.
Even if Mr. Bob made the biggest investment and surely will end up with huge gains, but seeing how risky his decision is, my vote still goes to Mr. Theymos because DCAing weekly with an amount that you can easily afford to lose is always the safest option when investing. So I would definitely agree with Mr. Theymos even if it will take a year first before he will come to experience the fruits of his hardwork through DCA.
hero member
Activity: 700
Merit: 577
December 13, 2023, 04:08:54 PM
#67
Mr Bob and Miss Alice story again after when they have finished the transaction in the coffee shop. Mr. theymos is wiser because $100 for weekly in DCA is a very good investment plan. Mr. Bob used the 100% without the alternative plan so he has to wait for long period of time. And for Miss Alice, she should not bother herself in Altcoins with the 50% because altcoins will delay her investment.plan therefore let her use all for Bitcoin. Though splitting investment is good but the duration is the main thing. Can she wait for like 10 years.
hero member
Activity: 910
Merit: 507
December 13, 2023, 03:47:01 PM
#66
Regardless of what every other persons here is saying, I myself consider miss Alice the wisest of them all, as long as a bull run is coming, 50 percent in bitcoin and 50 percent in random very good altcoins with good utilities and potentials is the way to go.

Let's all here stop beating about the bush, many of us here are quietly accumulating good altcoins as well as holding bitcoin, but when we come out here, we all act like altcoins are a no no in terms of investment, altcoins have made many millionaires and Billionaire same way bitcoin have done, and do I need to say that, right now, it's easier to make a good amount of money with little money invested in altcoin, than making good amount of money from small money invested in bitcoin?

Still boils down to ones plans and choices and level of risk intake though.
legendary
Activity: 1526
Merit: 1359
December 13, 2023, 03:12:13 PM
#65
I don't think there will be a bigger dump for us to buy bitcoin cheaply. I think DCA is still the best method because the real bull season is not yet here and bitcoin has not made a new ATH yet.
You are making sense from this perspective. First bitcoin is yet to make a new ATH and secondly the anticipated bull run is likely not happening next year. Although, halving will be the first quarter of next year but I have read that the bull run does not happen immediately after halving. It takes more months for the major bull run to happen. If this be the case, theymos can still accumulate good fractions of Bitcoin without fear of lossing and the worse scenario will be that theymos will not maximise his profit but then he might also not lose.
However, if the market goes as speculated by many, Bob will be in better profit than theymos.

Well, what can we really take away from all this? The truth is, there is no way to conclusively answer a question like that.  We wont actually know how things shake out until each investor's investment timeline plays out.  So trying to definitively say whos the wiser one here? is pretty much impossible.  Cause, I mean we just cannot predict which direction the markets will move in the future.
sr. member
Activity: 728
Merit: 300
Love Bitcoin🖤
December 13, 2023, 12:40:51 PM
#64
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. thermos goes with bBitcoinbut $100 weekly DCA.
Well in this situation I will choose Mr . Theymos because of the DCA methods. In my view, the best investment is one that has less chances of lossing funds and this is only provided by the DCA methods which minimize the losses and iincreasethe profits. The other two is not good according to me because if a person goes 100% to Bitcoin and maybe suddenly the price goes down all of his funds will go forever and the same case will happen to Miss Alice because when Bitcoin goes down the action also goes down and all of his 50 50% funds will be gone. So I think Mr . Theymos can make more profits than the others and will survive for the long term.
sr. member
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December 13, 2023, 11:51:12 AM
#63
From these comparisons among the three, I think all of them are fine, especially with the current state of the market. The only difference between the three is that they are different kinds of investment and techniques that they prefer to use. Also one of the factors that could affect their actions is their financial difference, if Mr.Bob afford to risk all of his funds which cost $10,000 then for sure we can consider that he is rich enough to risk that amount, while Ms. Alice, there's nothing wrong with exploring alternative coins if you want to have alternate option than Bitcoin. And lastly Mr.Bob, I think it is the safest way to invest with that method to any kind of behavior of the market, but in the bull run for sure, you would have difficulties to profit as values get higher.
legendary
Activity: 2282
Merit: 3014
December 13, 2023, 11:09:21 AM
#62
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.

This question can not be properly answered unless we know the full financial situation of each person you mentioned here.  There should be an option number 4 that states they don't buy anything, and put the money to better "proper" use.  Perhaps these people have a bit of debt that needs paid off, perhaps they are behind on saving in their traditional investments, such as their 401k plans etc.  Otherwise if I had to choose, I would go with the 3rd option.
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