Topic: Who is wiser? - page 4. (Read 900 times)
Each approach carries its own risks and potential rewards. Mr. Bob's 100% bitcoin strategy is high-risk, as the market can be volatile. Miss Alice's diversified approach spreads risk but also requires careful selection of altcoins. Mr. theymos's dollar-cost averaging (DCA) minimizes short-term market fluctuations. Consider factors like risk tolerance and investment goals before deciding.
Considering the current price of bitcoin and the potential increase in the next month or so, I think that Mr. Bob is the wiser because he's already in the know that bitcoin's going to be going up after some time and he knows that he won't have to worry putting that 10k for too long in bitcoin because the return's definitely going to be a big one especially if Mr. Bob don't mind investing that money. Doing DCA right now seems kind of weird to me, maybe if bitcoin's still around 27k range, I would say that Mr. Theymos is the wiser but even in that market price, I can still see Mr. Bob making the wiser decision given that he doesn't mind the potential price dumps happening in the future.
Quote from: uchegod-21
At the current market condition and having bull run in mind, these persons have $10,000 to invest.
I believe the 3 persons make a good choice which they are after profits making in BTC investment and, if you look at Mr Bob plan to invest all the money in BTC show that he is ready to hodl BTC long which is the best plan bitcoiners can use to make their plans come to reality in the community. I think this Miss Alice have other things she can use money to solve in case the price of BTC is not rising in the market she can sell altcoins to solve the problem and continue to hodl the BTC which is another plan many investors use to operate in the community. - 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 Mr theymos also make a good plan but don't forget that the market price can turn to the favour of Mr Bob, Miss Alice and Mr theymoy, but the best investors that made an excellent choice is Miss Alice that divide her money to invest half of the money on BTC and half in altcoins.
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.
I like Mr. Bob investment style and am also very interested in what Mr. Theymos is doing.
Mr. Bob has high hopes for Bitcoin, he does not have the slightest doubt about the potential resulting from Bitcoin. He has also been in the Bitcoin market for a long time, his belief in Bitcoin made him immediately put 100% of his money into one purchase.
Meanwhile, Mr. Theymos is more careful in making investments, the strategy he uses is one of the most popular among Crypto investors because it can help minimize risks and maximize profits in the long term.
Mr. Bob has high hopes for Bitcoin, he does not have the slightest doubt about the potential resulting from Bitcoin. He has also been in the Bitcoin market for a long time, his belief in Bitcoin made him immediately put 100% of his money into one purchase.
Meanwhile, Mr. Theymos is more careful in making investments, the strategy he uses is one of the most popular among Crypto investors because it can help minimize risks and maximize profits in the long term.
- Mr. Bob goes 100% with bitcoin.
- Miss Alice goes 50% bitcoin and 50% random altcoins.
- Mr. theymos goes with bitcoin but $100 weekly DCA.
None of the three of them made the wrong decision, i will also support them all because they are being sincere with their own choice base on their way capacity of investment and the risk taken is not above the opportunity they've got ahead of their Investment, we should know that despite altcoins are not the best to get the most accurate trust on investments, there are still some of them having nice performance if we Invest in them, we may reali more than we ever expected or on the same view loose than we thought we could, as long as bitcoin is in their individual decisions, they are free and safe not to loose their entire Investment in taking risk.
At the current market condition and having bull run in mind, these persons have $10,000 to invest.
These are some of the different ways anyone person considering investing in BTC or cryptocurrency would adopt and as such, the wisest person would be the one who does what's best fiiting to the size of their wallet or earnings. - Mr. Bob goes 100% with bitcoin.
- Miss Alice goes 50% bitcoin and 50% random altcoins.
- Mr. theymos goes with bitcoin but $100 weekly DCA.
Investment doesn't need much pressure to commit thyself to it, any strategy picked from the above is therefore heavily dependent on how the investor earns, spends and plan for the better future.
For me however, I would think Mr. Theymos to be the wisest because a weekly $100 DCA investment strategy will amount to much overtime and it would have helped him develop a good money habit that would sure pay better than commiting huge funds that may soon be needed to sort out other more pressing demands.
Investing $100 in Bitcoin on a weekly basis is a wise strategy to invest in Bitcoin safely in the current market conditions. However, it is not guaranteed to be more profitable than other investment options. If the bullish trend continues, investing 100% in Bitcoin may be more effective. Investing in altcoins carries more risk, but selecting a good altcoin could lead to higher profits.
Since you're sure bull run will happen, Mr. Bob make the best decision while Mrs. Alice makes the worst decision.
Now the question is, how can someone suddenly have $10K before the bull run happen? I don't think selling your real estate or other valuable thing just for invest in Bitcoin is a wise idea, if someone take a loan then the person is definitely stupid.
Now the question is, how can someone suddenly have $10K before the bull run happen? I don't think selling your real estate or other valuable thing just for invest in Bitcoin is a wise idea, if someone take a loan then the person is definitely stupid.
Mr. Bob is brave to put all of his money into Bitcoin, but his strategy lacks diversity, which is a basic rule of investing. He's putting all of his eggs in one basket, but its a good one. Miss Alice's 50/50 split between Bitcoin and altcoins shows that she is taking a more balanced view and protecting herself against market instability. But the "random" altcoins she chose make me wonder how much study she did. She might strike gold or miss entirely.
Then there's Mr. Theymos, whose $100 weekly DCA into Bitcoin is a great example of strategic waiting. This method evens out changes in the market, which leads to a more stable growth path. In the short term, he might not make as much money as Mr. Bob, but he's planning for the long run. We need to think about who is smarter. The one who tries to get quick wins, the one who tries a lot of different things without a clear plan, or the one who builds slowly but steadily? In this case, Mr. Themos's plan is very similar to smart investment ideas.
Then there's Mr. Theymos, whose $100 weekly DCA into Bitcoin is a great example of strategic waiting. This method evens out changes in the market, which leads to a more stable growth path. In the short term, he might not make as much money as Mr. Bob, but he's planning for the long run. We need to think about who is smarter. The one who tries to get quick wins, the one who tries a lot of different things without a clear plan, or the one who builds slowly but steadily? In this case, Mr. Themos's plan is very similar to smart investment ideas.
I don't think there's a definite answer to this. A lot of details are missing so if we were to use only the details provided we would be making inaccurate decisions.
If Mr Bob is going for the long term then his decision is solid and he keeps his assets in a non-custodial wallet. I guess he believes in Bitcoin and has nothing to do with altcoins.
If Miss Alice has a good understanding about the altcoins she's investing with then she's all good too, except she intends to keep them for a long-term investment. $5000 on Bitcoin is not small, and judging by current market conditions she could make a lot of profit from it in about 2 years.
Mr Theymos made a very good decision. I think if I'm to judge without any assumptions he's wiser.
If Mr Bob is going for the long term then his decision is solid and he keeps his assets in a non-custodial wallet. I guess he believes in Bitcoin and has nothing to do with altcoins.
If Miss Alice has a good understanding about the altcoins she's investing with then she's all good too, except she intends to keep them for a long-term investment. $5000 on Bitcoin is not small, and judging by current market conditions she could make a lot of profit from it in about 2 years.
Mr Theymos made a very good decision. I think if I'm to judge without any assumptions he's wiser.
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.
Well it depends on what their goals are
I’m assuming that Mr. Bob is here for the long-term hence why he put all of his money into bitcoin there’s nothing wrong about this especially if Mr. Bob has 10k usd to invest but still has other assets
Miss Alice most likely is a trader and she’s looking for a short-term profits but at the same time is looking into long-term investments
Mr. Theymos dca method can work if he is not confident enough to give all of his 10k in but if we think about the upcoming halving, i’m not sure if buying btc at a time where the price is increasing is a good method to go by
For those using the weekly or monthly DCA method, they will not have to worry about what stage the market is in and their goal is not just the upcoming halving. Furthermore, we are preparing to enter a new bull season and if not buying now, what is the right time to buy bitcoin? 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.
At the current market condition and having bull run in mind, these persons have $10,000 to invest.
- Mr. Bob goes 100% with bitcoin.
I chose the first point. My assumption is that BTC will be fine in the future and will get better. If you already know what you have to do in the long term, why should you use other techniques? If I had funds as big as Mr. Bob, I would do it because I would set the duration at 5-10 years and I think this is the best. Bitcoin serves its purpose (PerfectMoney).
But he should use some money to buy bitcoin regularly even though it is free money. That can help him buy more bitcoins compared to a one-time purchase.
However, an investor must have a strong reason why he chose one method because if he just follows what other people do without knowing the reasons behind that decision, he may experience difficulties such as panic if the price decreases.
So I will choose Mr. theymos, who buys bitcoin regularly using the DCA method.
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.
Well it depends on what their goals are
I’m assuming that Mr. Bob is here for the long-term hence why he put all of his money into bitcoin there’s nothing wrong about this especially if Mr. Bob has 10k usd to invest but still has other assets
Miss Alice most likely is a trader and she’s looking for a short-term profits but at the same time is looking into long-term investments
Mr. Theymos dca method can work if he is not confident enough to give all of his 10k in but if we think about the upcoming halving, i’m not sure if buying btc at a time where the price is increasing is a good method to go by
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.
Let's see how Mr. theymos do DCA. He invests in Bitcoin 100 USD every week and to reach 10,000 USD it takes 100 weeks or 1.9 years, which means he will likely miss the opportunity for higher profits in the bullrun. Or Miss Alice, she only invested 5000 USD in Bitcoin and the rest in altcoins, she also won't be able to get maximum profits on a bull run if that happens in the near future.
I would say that Mr. Bob is the wisest of the three people. The reason is simple, Mr. Bob realizes that a bull run is about to occur, and Mr. Bob did a lump sum - buying a large amount of Bitcoin and holding it until the bull run occurred, at which point his chances of making more profits were much greater than those of the two people.
At the end of the day, I will still prefer to imitate Mr. Theymos strategy because for me, that's what a real investor's right mindset.
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.
Let's see how Mr. theymos do DCA. He invests in Bitcoin 100 USD every week and to reach 10,000 USD it takes 100 weeks or 1.9 years, which means he will likely miss the opportunity for higher profits in the bullrun. Or Miss Alice, she only invested 5000 USD in Bitcoin and the rest in altcoins, she also won't be able to get maximum profits on a bull run if that happens in the near future.
I would say that Mr. Bob is the wisest of the three people. The reason is simple, Mr. Bob realizes that a bull run is about to occur, and Mr. Bob did a lump sum - buying a large amount of Bitcoin and holding it until the bull run occurred, at which point his chances of making more profits were much greater than those of the two people.
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.
1.It depends for how long Mr.Bob is willing to HODL his 10K USD worth of BTC. Will Mr.Bob panic and sell everything at the first significant BTC price crash? Can Mr. Bob afford to lose those 10K USD? If he can't afford to lose those money, his mindset will be different.
2.The 50% Bitcoin and 50% altcoins model isn't actual diversification, because all altcoins are simply following the Bitcoin price trends.
3.DCA is a less risky method and I recommend it to all Bitcoin noobs, who want to start investing in BTC.
At the current market condition and having bull run in mind, these persons have $10,000 to invest.
- Mr. Bob goes 100% with bitcoin.
I chose the first point. My assumption is that BTC will be fine in the future and will get better. If you already know what you have to do in the long term, why should you use other techniques? If I had funds as big as Mr. Bob, I would do it because I would set the duration at 5-10 years and I think this is the best. Bitcoin serves its purpose (PerfectMoney).
At the current market condition and having bull run in mind, these persons have $10,000 to invest.
This is what majority of poster or Bitcoin believers might choose because HODLING is what we have in mind since day 1.- Mr. Bob goes 100% with bitcoin.
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- Miss Alice goes 50% bitcoin and 50% random altcoins.
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- Mr. theymos goes with bitcoin but $100 weekly DCA.
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.
option 1... 100% for investment, I assume that is the amount of money already designated for investment, and other needs have been fulfilled. If I have to choose only among the three options provided, I would go with option 1. Bitcoin is more stable than altcoins, making it a good choice for the long term.
Now, why didn't I choose option 3? That's because option 3 takes quite some time, and that method is more suitable for securing monthly income allocated for investment. If this event is a one-time investment, then buying all at once for Bitcoin is wiser than slowing it down into DCA. We can wait for the next investment allocation to buy more and implement DCA on the next budget for investment.
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