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Economy => Economics => Topic started by: Ojima-ojo on January 10, 2023, 08:49:41 PM



Title: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Ojima-ojo on January 10, 2023, 08:49:41 PM
As most of us here are already aware that the bitcoin halving cycle always bring with it an opportunity for another Bitcoin all time high price, even though we can not predict when the exact time for this AHT will be but we are certain it will come.

At the moment I am I am intense face of portfolio accumulation and I will like to share them with some newbies who may be confused on how to prepare for the expected time and what their portfolio should look like.

This thread is not for speculation, but a personal contribution and suggestion as motivated by my personal decision against the next halving and I will share them with any one that like to read through the thread and also consider the comments of others that will go inline with your personal convictions.


What my portfolio consist of ahead of 2024 halving

To be sincere with you guys, I never give any thought for. Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.
So I can say that my portfolio is made up of 90% BTC and the remaining 10% as savings in case there will be further opportunity to buy BTC at a discount price.

So at this point I am all into BTC and nothing more.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: boyptc on January 10, 2023, 09:08:44 PM
So at this point I am all into BTC and nothing more.
That's much better than those that have 99% of altcoins thinking that all of them will fly high when the bull run comes. As you've said, no one is aware when the bull run will start and we also don't know what are the particular altcoins that will pump during that time.

Yes, many of them will but we don't know if those altcoins that are part of their portfolios will also go up.

The market is tricky but one certain thing on it is when you're holding bitcoin. You'll never skip the bull run if you have it because the entire market is going after bitcoin's move.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Upgrade00 on January 10, 2023, 09:39:14 PM
So I can say that my portfolio is made up of 90% BTC and the remaining 10% as savings in case there will be further opportunity to buy BTC at a discount price
Do you mean your crypto portfolio is 90% in Bitcoin or the all your financial power is that much in BTC?
Investing 90% of all you own into Bitcoin is a huge risk, as it's already more than you can afford to lose despite the 10% savings. It's usually best to put only spare money into investments and then grow your risks as you grow your profits. Although I suspect many on the forum do not follow this advise.

You also need to be security and privacy conscious. Use a hardware wallet, keep secure backups and d not expose to many that you own Bitcoin.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Stalker22 on January 10, 2023, 09:57:13 PM
You yre a true Bitcoin believer! Some might say that you are "all in" on the digital gold.  ;) Your friends may see potential in other altcoins, but ultimately the decision to diversify your portfolio is yours. By holding the remaining 10% as savings, you are potentially leaving room for future opportunities. It is always good to have some flexibility in your investment strategy.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: drwhobox on January 10, 2023, 10:20:44 PM
That's much better than those that have 99% of altcoins thinking that all of them will fly high when the bull run comes. As you've said, no one is aware when the bull run will start and we also don't know what are the particular altcoins that will pump during that time.

Yes, many of them will but we don't know if those altcoins that are part of their portfolios will also go up.
Not everyone is with 99% of altcoins in their portfolio. But there are many altcoins has good potential and value, but most of them are scams. You sound like all the altcoin holders are stupid, but when you buy really deep of a potential altcoin it can give you much profit when the price goes up.

Also, don't invest your money in crypto for thinking of flying high in a short period of time. 


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: qwertyup23 on January 10, 2023, 10:27:23 PM
You yre a true Bitcoin believer! Some might say that you are "all in" on the digital gold.  ;) Your friends may see potential in other altcoins, but ultimately the decision to diversify your portfolio is yours. By holding the remaining 10% as savings, you are potentially leaving room for future opportunities. It is always good to have some flexibility in your investment strategy.


I mean, if you really based this data on previous BTC halvings, at least all occurrences increased the price of BTC in the market. That is why, investing and purchasing BTC while the price is relatively low on the market is a good strategy for the coming 2024 BTC halving.

Of course, like OP mentioned, no one can accurately predict when the next ATH would come. But being prepared for such opportunity is a key in order to maximize your profits. We create our own luck and this happens when preparation meets opportunity.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Ojima-ojo on January 10, 2023, 10:30:40 PM
So I can say that my portfolio is made up of 90% BTC and the remaining 10% as savings in case there will be further opportunity to buy BTC at a discount price
Do you mean your crypto portfolio is 90% in Bitcoin or the all your financial power is that much in BTC?
Investing 90% of all you own into Bitcoin is a huge risk, as it's already more than you can afford to lose despite the 10% savings. It's usually best to put only spare money into investments and then grow your risks as you grow your profits. Although I suspect many on the forum do not follow this advise.

You also need to be security and privacy conscious. Use a hardware wallet, keep secure backups and d not expose to many that you own Bitcoin.
Off course man, I am well aware of the risk associated with bitcoin, but risking on Bitcoin is far more preferable to altcoins.

Having 99% of my initial capital on Bitcoin gives me a certain level of peace of mind, and I ok with that compared to the uncertainty of altcoin is like gambling when investing in them, y can go from 100 to zero within a few minutes.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Agbe on January 10, 2023, 11:00:54 PM
Yes op, it is a a good Prediction your 2024 Prediction might be squired even in this year. Bitcoin Prediction is like a gambling Prediction but there a slide different. But the 90% you mentioned on the op, do you think that amount is save in the investment of in the bitcoin. When you are dealing with bitcoin you have to think from the both sides, both the risk from the bear markets and also the protection of the seed phrase. But I will also advise you op to reduce the amount to 60 or 90% so that small thing will be left over of in the hand for fire use.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: NdaMk on January 10, 2023, 11:01:53 PM
This is great OP and your advice for newbies is also a welcome and commendable one I must say. Bitcoin should be the main priority of every cryptocurrency enthusiast, if not 100% but at least 80% of your cryptocurrency investments should be in bitcoin. Bitcoin is distinct from other cryptocurrencies and always have potential for future investment opportunities and profits unlike other altcoins that may likely exit the market and crash on the long run.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Darker45 on January 11, 2023, 01:46:36 AM
This looks like a healthy portfolio to me. But what is that 10% savings of yours? Is it in USDT or USDC or any stablecoin? Or you're talking about your investment portfolio in general, not crypto portfolio, and that 10% is in fiat?

Anyway, many might not agree with you that since altcoins are centralized, they're not worth investing. After all, many crypto investors don't really care whether a coin is centralized or not. They couldn't care less about the technicalities of a coin. They only care about its potential to increase in price rather quickly so that they could make the most of it and leave before it dies.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Dave1 on January 11, 2023, 01:58:12 AM
Yeah, looks good to me, on the contrary, there could be investors who is just pure hands down on bitcoin and be 100% of it's portfolio. 10x is possible in the next bull run, who knows.

We all know that altcoin is very volatile, and unless you get them very cheap and the project looks solid, then maybe you will have a good chance to make more money. But why not take that risk when you can slowly buy cheap bitcoin and then hold and see how X amount of returns in the next halving that can go till 2025 peak price.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: michellee on January 11, 2023, 02:18:50 AM
I'm glad to see you are only focusing on bitcoin rather than altcoins because after what happened to bitcoin, we will see a very high increase in bitcoin. And if we don't prepare to own a lot of bitcoins from now on, we will only see their price increase without having the opportunity to make huge profits like others.

If we decide to invest in altcoins, we will never know which altcoin will increase because there are so many altcoins that we have to work hard to find the right altcoin. But when you choose bitcoin as your main investment, you won't be confused because the choice is bitcoin. Give a larger portion to bitcoin and adjust the portion to altcoins because you will feel difficult to buy all the altcoins in large quantities unless you are the whale.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: yhiaali3 on January 11, 2023, 02:25:17 AM
From my personal experience and through recent incidents I can confirm with full force that Bitcoin is the only safe coin, all other altcoins including the top 10 coins in the market are vulnerable to crash at any moment.

Of course, some altcoins can give you high profits, but at the same time they carry a very high risk and the possibility of losing your entire money, so bitcoin is the first choice.

Altcoins are good for quick speculation and making some immediate profits, but they are a very bad option for investing in the long term.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: wxa7115 on January 11, 2023, 02:58:46 AM
What my portfolio consist of ahead of 2024 halving

To be sincere with you guys, I never give any thought for. Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.
So I can say that my portfolio is made up of 90% BTC and the remaining 10% as savings in case there will be further opportunity to buy BTC at a discount price.

So at this point I am all into BTC and nothing more.
When it comes to investing one of the factors that should always be on the back of your mind is the risk that you are taking, and while bitcoin carries more risk than other assets, when it comes to this market bitcoin is probably the safest investment you can make.

So from that perspective investing all the capital you have decided to invest in bitcoin is a good strategy, those investing in altcoins are doing so due to the increase in the profits they think they can get, but this also carries a higher degree of risk, and when in doubt it is better to take the lowest risk we have available at the moment, so your decision to stick to bitcoin despite the advice being given by your friends is the right thing to do.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Die_empty on January 11, 2023, 03:01:23 AM
Investing only in bitcoin when it comes to cryptocurrencies is very good advice because other coins are not reliable since they can be easily manipulated. The majority of these shitcoins that promises to give huge profits always turn out to be a scam.

But it is also important not to put your total investment in bitcoin. As much as it is good to have a bitcoin investment portfolio, you can still invest in other sectors. In my country, the real estate sector is doing well because of the increase in population. Some people buy cheap land in the interior and sell the in a few years when the price has appreciated due to development. All investments are indeed associated with risk, but you can identify other good investment opportunities in your area.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: avikz on January 11, 2023, 03:38:41 AM
So at this point I am all into BTC and nothing more.

Not a good decision! Bitcoin is surely the best bet ahead of halving but there are couple of altcoins which you must add to your portfolio. For example - ETH! The way bitcoin is the pioneer of the crypto market, ETH is the pioneer of the smart contract facility. If you see past trend, ETH usually follows the price trajectory of bitcoin. So putting all your eggs into one basket, is not a good idea and advising people to do so is even worse. Diversification is the best decision you can take!


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Davian144 on January 11, 2023, 04:39:12 AM
Off course man, I am well aware of the risk associated with bitcoin, but risking on Bitcoin is far more preferable to altcoins.
Over the past two years I have also been investing more in Bitcoin than in altcoins, because I see Bitcoin always has a better push in the market despite the big downturns. But that doesn't last forever with altcoins so risking more money in Bitcoin is definitely a lot better than putting more money in altcoins.

Quote
Having 99% of my initial capital on Bitcoin gives me a certain level of peace of mind, and I ok with that compared to the uncertainty of altcoin is like gambling when investing in them, y can go from 100 to zero within a few minutes.
That is a natural thing because everyone who already knows how Bitcoin is, of course, will make his mind calmer when he puts his money into Bitcoin as an investment that he believes is very good. And as long as you really understand the risks, it's not wrong to invest anywhere.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: BossTrack on January 11, 2023, 04:45:59 AM
Ya probably going to make 6-7x if you time the top, so you will do better than most in the world. I think buying the blue band on the rainbow chart is such an EZ cheat code in life.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Don Pedro Dinero on January 11, 2023, 05:19:23 AM
I am also 100% bitcoin. I don't care about the 20-something thousand altcoins. Surely one of them will make 1,000x but I'll stop trying to guess which one like playing the lottery and support centralised projects.

Ya probably going to make 6-7x if you time the top, so you will do better than most in the world. I think buying the blue band on the rainbow chart is such an EZ cheat code in life.

Yes, many people forget that despite the downturn, if we compare to March 2020, bitcoin has had more return than other typical investments such as the US stock market or gold. In other words, in the next bull market, maybe the American stock market will make a 20% return and bitcoin will multiply by 5.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Sithara007 on January 11, 2023, 07:23:27 AM
Is the bock reward halving going to have any impact this time? On all the previous occasions, there were big spikes starting from a few months before the halving event, but I am more skeptical this time. The impact on halving will be more moderate this time, as the mining reward is already down to BTC899 per day now. After the next round of halving, the mining reward will be further lessened to BTC450 per day. This represents only a tiny fraction of the daily Bitcoin transaction volumes. So I am not sure whether a lot of movement will take place in the market solely because of this event. But then, history says something else:



Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Hyphen(-) on January 11, 2023, 07:37:07 AM
I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.
There are friends like that who are used to shitcoins and did not have too much faith in Bitcoin because they believe it cannot give them as much profit as some shitcoins do when the market is fully stable, they don't know the risk involved in investing in a project that is centralized and has more than one owner, which means that the team may have misunderstandings, resulting in the project collapsing completely, resulting in a loss of total investment


Quote
So I can say that my portfolio is made up of 90% BTC and the remaining 10% as savings in case there will be further opportunity to buy BTC at a discount price.
That's a very good one OP, the 10% will be as a reserve in case if there is another opportunity of buying at a lower price.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: crwth on January 11, 2023, 07:45:45 AM
Everyone here in Bitcointalk would say that their portfolio has BTC, or most of it is in BTC. It makes sense because many of us here are earning BTC with the signature campaigns, and you could manage to achieve it all and not make any vast investing decisions in other coins to prevent losses. I think accumulating is the key, and ensure you are only trying to spend it if you need it.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Ojima-ojo on January 11, 2023, 08:47:38 AM
Is the bock reward halving going to have any impact this time? On all the previous occasions, there were big spikes starting from a few months before the halving event, but I am more skeptical this time. The impact on halving will be more moderate this time, as the mining reward is already down to BTC899 per day now. After the next round of halving, the mining reward will be further lessened to BTC450 per day. This represents only a tiny fraction of the daily Bitcoin transaction volumes. So I am not sure whether a lot of movement will take place in the market solely because of this event. But then, history says something else:
You made a valid observation here say halving alone becomes the agent of the bull run when the block rewards get lower by the events, but quite a good number of speculators believe there is a mechanism attached to bitcoin halving that triggers bull market after the events.

But with the available chats, and recorded data it may take some months after the halving before any significant bull market can break the last all-time Bitcoin record.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: skarais on January 11, 2023, 11:37:07 AM
But with the available chats, and recorded data it may take some months after the halving before any significant bull market can break the last all-time Bitcoin record.
I don't expect a very significant increase in the short term towards the halving, but I would tend to expect a normal increase driven by increased demand. FOMO will probably play a part in terms of increased demand, but I'm sure some different thoughts would make for an interesting discussion.

I just really believe that the ATH cycle will repeat itself and it will be even bigger than last year.
But we need really strong triggers where the possibility of halving is one of them. Right now most people are waiting and probably have been accumulating bitcoins gradually, it will definitely be useful later.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: boyptc on January 11, 2023, 03:23:09 PM
That's much better than those that have 99% of altcoins thinking that all of them will fly high when the bull run comes. As you've said, no one is aware when the bull run will start and we also don't know what are the particular altcoins that will pump during that time.

Yes, many of them will but we don't know if those altcoins that are part of their portfolios will also go up.
Not everyone is with 99% of altcoins in their portfolio. But there are many altcoins has good potential and value, but most of them are scams. You sound like all the altcoin holders are stupid, but when you buy really deep of a potential altcoin it can give you much profit when the price goes up.

Also, don't invest your money in crypto for thinking of flying high in a short period of time. 
Yeah, it's given that not all have that percentage but I've seen people that have ignored bitcoin and mainly focused on altcoins because of what they've seen in the market.

And that's all about pumping altcoins and making those early holders rich and to think that it could happen to them, they've forgotten the importance of holding bitcoin.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Leviathan.007 on January 11, 2023, 03:47:41 PM
As most of us here are already aware that the bitcoin halving cycle always bring with it an opportunity for another Bitcoin all time high price, even though we can not predict when the exact time for this AHT will be but we are certain it will come.

At the moment I am I am intense face of portfolio accumulation and I will like to share them with some newbies who may be confused on how to prepare for the expected time and what their portfolio should look like.

This thread is not for speculation, but a personal contribution and suggestion as motivated by my personal decision against the next halving and I will share them with any one that like to read through the thread and also consider the comments of others that will go inline with your personal convictions.


What my portfolio consist of ahead of 2024 halving

To be sincere with you guys, I never give any thought for. Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.
So I can say that my portfolio is made up of 90% BTC and the remaining 10% as savings in case there will be further opportunity to buy BTC at a discount price.

So at this point I am all into BTC and nothing more.

If you ask me, I personally would not go all in for any asset, even for bitcoin and even if I believe in bitcoin still I think going all in is not a wise move to do for anyone in any situation, however from what we can see on the history of the price of bitcoin and based on many charts especially the rainbow chart, bitcoin can be a good investment option to buy before each halving and because before each halving we usually have a bear phase and during this phase, you can buy and hold until the rising of bitcoin after the halving.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: stadus on January 11, 2023, 04:48:46 PM
I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.
There are friends like that who are used to shitcoins and did not have too much faith in Bitcoin because they believe it cannot give them as much profit as some shitcoins do when the market is fully stable, they don't know the risk involved in investing in a project that is centralized and has more than one owner, which means that the team may have misunderstandings, resulting in the project collapsing completely, resulting in a loss of total investment


Quote
So I can say that my portfolio is made up of 90% BTC and the remaining 10% as savings in case there will be further opportunity to buy BTC at a discount price.
That's a very good one OP, the 10% will be as a reserve in case if there is another opportunity of buying at a lower price.

We cannot really blame them as maybe they already had reap some fruits of their labor in the last hype train, that's why they are aiming more to accumulate and wait for the next hype train to come. I just do hope that these kind of people do know the risks they are into because shitcoins are very unpredictable as most of them are usually controlled by crypto whales who will manipulate the market in any given time for their own gains.

But as for me, it's still best to hold BTC and other leading competitive altcoins. Risks are somehow reduced because these whales don't have the power to manipulate it.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: pooya87 on January 11, 2023, 04:55:25 PM
I have always said that you should not even think about altcoins in terms of investment, they simply have no potential in the long run so when you talk about a portfolio it should contain bitcoin and other stuff that have no connection with bitcoin market and its price like gold, stocks, etc. That way you can diversify and reduce the risks while being involved in more than one asset market.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: SOKO-DEKE on January 11, 2023, 08:20:40 PM
Op, you've given some excellent advise, especially for those newbies that are just entering the cryptocurrency industry. However, for individuals who are knowledgeable about cryptocurrencies and have more market experience I don't see anything wrong with he/she to invest in altcoins. When you are able to conduct further study and you discover a coin has a potential, I believe you should acquire it with a small amount of money and add it to your portfolio as a bonus.

There are friends like that who are used to shitcoins and did not have too much faith in Bitcoin because they believe it cannot give them as much profit as some shitcoins do when the market is fully stable, they don't know the risk involved in investing in a project that is centralized and has more than one owner, which means that the team may have misunderstandings, resulting in the project collapsing completely, resulting in a loss of total investment.

Those that doesn't have too much faith in bitcoin and believe in shitcoin are those kind of people who are so eager to make money in crypto at short period of time, and they are the people who follow under scam project. I was once so stupid like that before by investing my money in shitcoin because I see Bitcoin don't always pump like shitcoins, so i decided to live the coin I purchased for a year but last last it later turn to a death project, but my friends who bought Bitcoin when I bought my shitcoin are still holding it up till now but only some is that it loss value currently which i believe it will recover very soon. But never believe my shitcoin will survive again.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Ojima-ojo on January 11, 2023, 08:39:55 PM
I have always said that you should not even think about altcoins in terms of investment, they simply have no potential in the long run so when you talk about a portfolio it should contain bitcoin and other stuff that have no connection with bitcoin market and its price like gold, stocks, etc. That way you can diversify and reduce the risks while being involved in more than one asset market.
That is it, the altcoin is not a visible investment for the long term and anyone that is looking to diversify their investment shouldn't look in the direction of altcoin but real stock investment or other properties investment, not altcoin because most altcoin may never recover from their present condition even if bitcoin turn a bull face.

I don't know why some of my friends' ms believe so much in altcoins having the capacity to make them become financially wealthy with little investment, instead of channelling that energy into accumulating Bitcoin.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Doan9269 on January 11, 2023, 08:57:54 PM
If you make an investment in bitcoin before the 2024 halving there's no doubt you will come out with something tangible from it, the period will be highly volatile but once you get the best pattern and strategies to buying and selling it after you might have hold for some time then it will all come in with ease on you, it's not all about just the halving event that guarantee the profit but your right positioning during that period in taking good advantage of it in making your own earnings, i support your decision and can advise on that provided the information and knowledge is being in place.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: BRINIRHA on January 11, 2023, 08:58:50 PM
Investing more in Bitcoin at this time is indeed a wise enough action. Even now we see the movement of Bitcoin which is starting to show a positive trend. and the price increases slowly continue to rise. market volume is increasing. But in accumulating bitcoin we don't need to rush. we can accumulate every time there is a decrease. At least it's more convenient to do. so that our minds stay awake. and remember that we do bitcoin accumulation for the long term. so that careful calculation is needed in accumulating it. so we buy at a lower average value.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Rengga Jati on January 11, 2023, 09:59:13 PM
So at this point I am all into BTC and nothing more.
Great. Bitcoin is always the best investment especially for long term. Even though there are many altcoins promising the high oump dueing the next bulish era, but butcoin always shows its power to rise and pump every bullish era, the matter is that the Bitcoin is able to reach the target price or not. But indeed, this is really wis to put our money into Bitcoin than altcoins. I am also trying to collect more Bitcoin for the next bullish preparation. Althiugh it is small amount, no matter.

Although actually I also have some altcoins that I bought at the past, I think I will not lay much on them. Just let it be because altcoins cannot promise anything.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Gozie51 on January 11, 2023, 10:18:23 PM

So I can say that my portfolio is made up of 90% BTC .

Remember shit coins are also used for other crypto market activities and not just operating like bitcoin. Some prefer to hodl other projects because they use them for trading. Having up to 90% of bitcoin is good but some altcoins can also give you some profit like staking them. Bitcoin is not staked but you can staked some altcoins and make profit from them and this is an advantage.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Ojima-ojo on January 11, 2023, 10:33:12 PM

So I can say that my portfolio is made up of 90% BTC .

Remember shit coins are also used for other crypto market activities and not just operating like bitcoin. Some prefer to hodl other projects because they use them for trading.
But to some extent, trading have nothing to do with holding since those coins that are traded are exhausted at ecery order bjt for long term base holding can be mentioned, i may be wrong any ways but to my level of understanding trading vs holding are two different things in the crypto space.

Altcoin is only good for short-term speculation and any one holding them is just gambling with the price and hopi g that something big will come out from it.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Poker Player on January 12, 2023, 02:34:19 AM
Is the bock reward halving going to have any impact this time? On all the previous occasions, there were big spikes starting from a few months before the halving event, but I am more skeptical this time. The impact on halving will be more moderate this time, as the mining reward is already down to BTC899 per day now. After the next round of halving, the mining reward will be further lessened to BTC450 per day. This represents only a tiny fraction of the daily Bitcoin transaction volumes. So I am not sure whether a lot of movement will take place in the market solely because of this event. But then, history says something else:

Often, movements in economics are not so much mathematically driven as psychologically driven. So yes, it can have an influence.

I don't hold any altcoins either and I think like poyaa87 that diversification should be done outside the cryptocurrency market, with the stock market, real state, gold and maybe something else.

I hope that at some point the altcoins market will be curbed, as we are in bear market and new ones are being created all the time while most of them are crap and are going to disappear.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: 8rch7 on January 12, 2023, 02:52:54 AM
Actually high risk will earn high return later and Bitcoin is worth for investing but can't increasing up or faster than altcoin investment, I don't sure for next time halving Bitcoin back to higher price and earn more than 100% profitable than holding or investing in altcoin. I don't doubt with Bitcoin stable and potential break out to higher price actually when halving time coming, due Bitcoin reached up I think Altcoin will follow up and more bigger profit earn than Bitcoin investment.

I believe when halving time in 2024, Altcoin price increase up more than 300% above than Bitcoin actually can up 20% until 50% but you need waiting more than two years left before halving.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Sithara007 on January 12, 2023, 04:40:17 AM
Often, movements in economics are not so much mathematically driven as psychologically driven. So yes, it can have an influence.

I don't hold any altcoins either and I think like poyaa87 that diversification should be done outside the cryptocurrency market, with the stock market, real state, gold and maybe something else.

I hope that at some point the altcoins market will be curbed, as we are in bear market and new ones are being created all the time while most of them are crap and are going to disappear.

I agree with the psychological part. Even in 2020, the real impact from halving on the demand-supply equilibrium was not very large. But the exchange rates rallied like anything. And during the previous block reward halving incident, there was a lot of hoarding by investors ahead of the event. Fortunately all of them ended up in green, as the prices went up by manytimes before and after the halving. We still have 475 days to go for the next event. The impact in market won't be visible until the early 2024, if we go with the past scenarios.

And I completely agree on the argument against alts. Diversification is not needed, because as such as the altcoins are not fundamentally different from Bitcoin. Most of the projects were implemented just to profit out from the popularity of Bitcoin. Hardly any of these projects had notable value addition in terms of technology or purpose.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: xSkylarx on January 12, 2023, 04:41:24 AM
I'm also considering buying bitcoin in small amounts this year so that it can accumulate over time. I know that we can't predict another ATH, but I will be riding this roller coaster right now, whether or not it will again hit the ATH, as I was left behind in the last ATH. I'm hoping to have some extra cash this year so that I can prepare for the next bitcoin halving. There is still plenty of time to save, so my plan is to go all-in on bitcoin this time.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Mr. Magkaisa on January 12, 2023, 05:16:39 AM
As most of us here are already aware that the bitcoin halving cycle always bring with it an opportunity for another Bitcoin all time high price, even though we can not predict when the exact time for this AHT will be but we are certain it will come.

At the moment I am I am intense face of portfolio accumulation and I will like to share them with some newbies who may be confused on how to prepare for the expected time and what their portfolio should look like.

This thread is not for speculation, but a personal contribution and suggestion as motivated by my personal decision against the next halving and I will share them with any one that like to read through the thread and also consider the comments of others that will go inline with your personal convictions.


What my portfolio consist of ahead of 2024 halving

To be sincere with you guys, I never give any thought for. Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.
So I can say that my portfolio is made up of 90% BTC and the remaining 10% as savings in case there will be further opportunity to buy BTC at a discount price.

So at this point I am all into BTC and nothing more.

   -  It's your choice first and we respect everyone's opinion. That's good for you, and most people here in the crypto space believe that bitcoin is a good long-term investment apart from the good features it has because you have a lot of trust in bitcoin.

Now, if others believe in altcoins even if in our eyes it is not good, we should still respect it. Because not all altcoins are as bad as we think, like what happened with SHIB, many people did not believe in it, but when it suddenly increased, many people made a lot of money from it because they bought a lot when it was cheap.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Davian144 on January 12, 2023, 08:02:43 AM
   -  It's your choice first and we respect everyone's opinion. That's good for you, and most people here in the crypto space believe that bitcoin is a good long-term investment apart from the good features it has because you have a lot of trust in bitcoin.
The opinion of other people must be respected, especially when it comes to Bitcoin which is clearly very suitable for long-term investment. Because everyone here will also be very happy and feel very happy when they can find profits through investing in Bitcoin. And now Bitcoin has also begun to slowly increase in the market.

Quote
Now, if others believe in altcoins even if in our eyes it is not good, we should still respect it. Because not all altcoins are as bad as we think, like what happened with SHIB, many people did not believe in it, but when it suddenly increased, many people made a lot of money from it because they bought a lot when it was cheap.
Altcoins like SHIB have gone viral and paid dividends for people who believed in them when they were cheap, but I still don't see them as long term investments. Because for me SHIB is only suitable to be owned for a while without having to keep it for too long like storing Bitcoin. That's my opinion of SHIB and indeed very different from my opinion of Bitcoin.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Inwestour on January 12, 2023, 12:37:09 PM

Altcoins like SHIB have gone viral and paid dividends for people who believed in them when they were cheap, but I still don't see them as long term investments. Because for me SHIB is only suitable to be owned for a while without having to keep it for too long like storing Bitcoin. That's my opinion of SHIB and indeed very different from my opinion of Bitcoin.
I doubt that before dogecoin rise, anyone could really take memcoins for investment seriously. But as we see in the crypto market, everything is possible. Now I don’t see a safer investment for myself than bitcoin, this is the coin in which I can invest my money and be calm that it will bring me profit.

There are probably altcoins that can also show good growth, but how many altcoins are there, and how do I find the one that will grow? This is an additional risk and this is a waste of my time, money and effort in finding these possibly promising altcoins. Therefore, I decided for myself that I would only invest in bitcoin and I believe that this strategy will bring me the best result.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: posi on January 12, 2023, 01:52:58 PM

Altcoins like SHIB have gone viral and paid dividends for people who believed in them when they were cheap, but I still don't see them as long term investments. Because for me SHIB is only suitable to be owned for a while without having to keep it for too long like storing Bitcoin. That's my opinion of SHIB and indeed very different from my opinion of Bitcoin.
I doubt that before dogecoin rise, anyone could really take memcoins for investment seriously. But as we see in the crypto market, everything is possible. Now I don’t see a safer investment for myself than bitcoin, this is the coin in which I can invest my money and be calm that it will bring me profit.

There are probably altcoins that can also show good growth, but how many altcoins are there, and how do I find the one that will grow? This is an additional risk and this is a waste of my time, money and effort in finding these possibly promising altcoins. Therefore, I decided for myself that I would only invest in bitcoin and I believe that this strategy will bring me the best result.

Of course, investing in bitcoin will definitely bring good returns when the market recovers, but I don't consider researching and investing in altcoins a waste of time and money. Because if you can find a project like SHIB in 2021, then you can get a good return for what you spend. Investing in altcoins is not easy, and it's not for the masses, many people fail with it doesn't mean no one makes a profit from it. Right now, my portfolio is mostly bitcoin but I will still invest in altcoins when the time comes.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: gunhell16 on January 12, 2023, 02:42:55 PM
   -  It's your choice first and we respect everyone's opinion. That's good for you, and most people here in the crypto space believe that bitcoin is a good long-term investment apart from the good features it has because you have a lot of trust in bitcoin.
The opinion of other people must be respected, especially when it comes to Bitcoin which is clearly very suitable for long-term investment. Because everyone here will also be very happy and feel very happy when they can find profits through investing in Bitcoin. And now Bitcoin has also begun to slowly increase in the market.

Quote
Now, if others believe in altcoins even if in our eyes it is not good, we should still respect it. Because not all altcoins are as bad as we think, like what happened with SHIB, many people did not believe in it, but when it suddenly increased, many people made a lot of money from it because they bought a lot when it was cheap.
Altcoins like SHIB have gone viral and paid dividends for people who believed in them when they were cheap, but I still don't see them as long term investments. Because for me SHIB is only suitable to be owned for a while without having to keep it for too long like storing Bitcoin. That's my opinion of SHIB and indeed very different from my opinion of Bitcoin.

Indeed, Shiba Inu I think will ony be good in long term investment if they will do burn billions of SHIB, But I don't see its happening instead what I saw most of the time was hype in the social media, new partnership in business something like that. But of course, for me even SHIB will going to have a thousands of partners in business if there is no innovation or burning happen to their supply, everything will just be a clear hype only.

And of course, bitcoin will always be a winner for us as an investment for long term, this was already proven and tested
to all of us who believed in it.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Swordsoffreedom on January 12, 2023, 04:09:03 PM
   -  It's your choice first and we respect everyone's opinion. That's good for you, and most people here in the crypto space believe that bitcoin is a good long-term investment apart from the good features it has because you have a lot of trust in bitcoin.
The opinion of other people must be respected, especially when it comes to Bitcoin which is clearly very suitable for long-term investment. Because everyone here will also be very happy and feel very happy when they can find profits through investing in Bitcoin. And now Bitcoin has also begun to slowly increase in the market.

Quote
Now, if others believe in altcoins even if in our eyes it is not good, we should still respect it. Because not all altcoins are as bad as we think, like what happened with SHIB, many people did not believe in it, but when it suddenly increased, many people made a lot of money from it because they bought a lot when it was cheap.
Altcoins like SHIB have gone viral and paid dividends for people who believed in them when they were cheap, but I still don't see them as long term investments. Because for me SHIB is only suitable to be owned for a while without having to keep it for too long like storing Bitcoin. That's my opinion of SHIB and indeed very different from my opinion of Bitcoin.

Indeed, Shiba Inu I think will ony be good in long term investment if they will do burn billions of SHIB, But I don't see its happening instead what I saw most of the time was hype in the social media, new partnership in business something like that. But of course, for me even SHIB will going to have a thousands of partners in business if there is no innovation or burning happen to their supply, everything will just be a clear hype only.

And of course, bitcoin will always be a winner for us as an investment for long term, this was already proven and tested
to all of us who believed in it.

SHIB is still burning their supply every day, but it will take a long time because their total supply is too large for what they are burning. But even if SHIB has a low supply, that doesn't mean it's a good investment in the long term. From the time it was created until now, other than being used for hype, I don't see it having any benefits. It is not a long-term investment, it's like other useless memes, but it is luckier to get help from sharks than from others.

If talking about the long-term, only bitcoin is worth holding, altcoins or shitcoins are only suitable for short-term and speculation.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: lixer on January 12, 2023, 09:09:54 PM
Actually high risk will earn high return later and Bitcoin is worth for investing but can't increasing up or faster than altcoin investment, I don't sure for next time halving Bitcoin back to higher price and earn more than 100% profitable than holding or investing in altcoin. I don't doubt with Bitcoin stable and potential break out to higher price actually when halving time coming, due Bitcoin reached up I think Altcoin will follow up and more bigger profit earn than Bitcoin investment.

I believe when halving time in 2024, Altcoin price increase up more than 300% above than Bitcoin actually can up 20% until 50% but you need waiting more than two years left before halving.
Some says BTC is a high risk investment but for me I don't really consider it as one, since there is always a chance for it to recover in case it drops or you entered at a wrong time. A real high risk investment are those altcoins. Can be old or new but mostly new ones.

I know there are still alts who remains legit but we don't know long they can remain like that so we should always monitor them if ever we have added them in our portfolio. The upcoming halving which is said to take place by next year is for Bitcoin so this must be the coin that will pumped a lot not altcoins but it is still up to you if you will prioritize altcoins more than it. It was still your money after all.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Kelvinid on January 13, 2023, 07:30:15 AM
Actually high risk will earn high return later and Bitcoin is worth for investing but can't increasing up or faster than altcoin investment, I don't sure for next time halving Bitcoin back to higher price and earn more than 100% profitable than holding or investing in altcoin. I don't doubt with Bitcoin stable and potential break out to higher price actually when halving time coming, due Bitcoin reached up I think Altcoin will follow up and more bigger profit earn than Bitcoin investment.

I believe when halving time in 2024, Altcoin price increase up more than 300% above than Bitcoin actually can up 20% until 50% but you need waiting more than two years left before halving.
Some says BTC is a high risk investment but for me I don't really consider it as one, since there is always a chance for it to recover in case it drops or you entered at a wrong time. A real high risk investment are those altcoins. Can be old or new but mostly new ones.
Bitcoin is one of the most promising projects that we know in the market but is still considered a high-risk investment due to its volatility. However, it was not a factor that we become afraid to risk our money in this project because it was already been proven for many years that it is profitable.
Quote
I know there are still alts who remains legit but we don't know long they can remain like that so we should always monitor them if ever we have added them in our portfolio. The upcoming halving which is said to take place by next year is for Bitcoin so this must be the coin that will pumped a lot not altcoins but it is still up to you if you will prioritize altcoins more than it. It was still your money after all.
So much time to waste when searching for legit altcoins, especially for the new ones. They are usually scams and shitcoins, developers are taking away our money, they can't really be trusted. But guess what, many people love doing this because of the huge possible profit during Bullrun and they are buying despite the negative views they have.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: EarnOnVictor on January 13, 2023, 08:50:27 AM
What my portfolio consist of ahead of 2024 halving

To be sincere with you guys, I never give any thought for. Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.
So I can say that my portfolio is made up of 90% BTC and the remaining 10% as savings in case there will be further opportunity to buy BTC at a discount price.

So at this point I am all into BTC and nothing more.
After all, you have a good plan, so keep it up and don't let anything change your mind about it as it seems very good. 90% investment in BTC in the name of halving is not bad as it's almost all your portfolio and make sure that you start the investment at the time of the halving, not earlier like the aggressive investors do.

However, you should know that if you are holding, some altcoins would perform better, that's the way it happens because of their small size. The only way to maximize your earnings might be if you use 50% of the 90% for holding and the other 50% for Futures trading (buying) if you so desire to invest in BTC only.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Outhue on January 13, 2023, 01:33:11 PM
   -  It's your choice first and we respect everyone's opinion. That's good for you, and most people here in the crypto space believe that bitcoin is a good long-term investment apart from the good features it has because you have a lot of trust in bitcoin.
The opinion of other people must be respected, especially when it comes to Bitcoin which is clearly very suitable for long-term investment. Because everyone here will also be very happy and feel very happy when they can find profits through investing in Bitcoin. And now Bitcoin has also begun to slowly increase in the market.

Quote
Now, if others believe in altcoins even if in our eyes it is not good, we should still respect it. Because not all altcoins are as bad as we think, like what happened with SHIB, many people did not believe in it, but when it suddenly increased, many people made a lot of money from it because they bought a lot when it was cheap.
Altcoins like SHIB have gone viral and paid dividends for people who believed in them when they were cheap, but I still don't see them as long term investments. Because for me SHIB is only suitable to be owned for a while without having to keep it for too long like storing Bitcoin. That's my opinion of SHIB and indeed very different from my opinion of Bitcoin.
This was people's thought with Doge coin years back, I was here in this space and many people said Doge coin is not a good buy and hold for a long tern because there was no hype and Elon came to safe the day.

OP I invested in Bitcoin and I have many altcoins as well but I have made over 20x in altcoins since the beginning of this bear market, thanks to the new hypes surrounding Artificial intelligence, now I can easily use some profits to buy Bitcoin and readjust my crypto portfolio.

Buy the rumour sell the news works better than anything in this space.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Davian144 on January 13, 2023, 02:47:48 PM
I doubt that before dogecoin rise, anyone could really take memcoins for investment seriously. But as we see in the crypto market, everything is possible. Now I don’t see a safer investment for myself than bitcoin, this is the coin in which I can invest my money and be calm that it will bring me profit.
I also don't really like any memecoin, both in the past and now because any memecoin has no place in my mind so I have never put my money into memecoin until now even though memecoin had experienced a very extraordinary increase in the exchange, but at that time is going. Bitcoin has also experienced an extraordinary increase so that altcoins can get influence from that too apart from the news written by people who have influence through social media at that time.

Quote
There are probably altcoins that can also show good growth, but how many altcoins are there, and how do I find the one that will grow? This is an additional risk and this is a waste of my time, money and effort in finding these possibly promising altcoins. Therefore, I decided for myself that I would only invest in bitcoin and I believe that this strategy will bring me the best result.
You have chosen the right path for this because no one really says it is bad to invest in Bitcoin because the risks are clearly different from altcoins which are already very numerous and it always takes time to research them on an ongoing basis. So it's better not to bother yourself by looking at so many altcoins because the one that always has the potential to be better is Bitcoin which is simply not comparable to any other altcoin including memecoin.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Tanaka-Wun on January 13, 2023, 03:56:26 PM
That’s the best investment than having 99% of altcoins on your portfolio. I admit that i’ve made a really bad decision not putting bitcoin as my priorities in investment cause I was expecting that some altcoins would go higher like a boom. Mid year last year I started putting 50% of my funds on bitcoin and will continue this year hopefully.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: MoonOfLife on January 13, 2023, 04:51:29 PM
That’s the best investment than having 99% of altcoins on your portfolio. I admit that i’ve made a really bad decision not putting bitcoin as my priorities in investment cause I was expecting that some altcoins would go higher like a boom. Mid year last year I started putting 50% of my funds on bitcoin and will continue this year hopefully.

It is not necessary to put all your assets in bitcoin, you can also allocate in altcoins, but need to prioritize bitcoin for your portfolio. That is absolutely necessary. I see nothing wrong with OP putting an entire portfolio in bitcoin but it would be a waste if we missed out on potential altcoins. So I will only put 90% in bitcoin, the remaining 10%, I will look for potential altcoins.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: RealMalatesta on January 13, 2023, 08:55:04 PM
This was people's thought with Doge coin years back, I was here in this space and many people said Doge coin is not a good buy and hold for a long tern because there was no hype and Elon came to safe the day.

OP I invested in Bitcoin and I have many altcoins as well but I have made over 20x in altcoins since the beginning of this bear market, thanks to the new hypes surrounding Artificial intelligence, now I can easily use some profits to buy Bitcoin and readjust my crypto portfolio.

Buy the rumour sell the news works better than anything in this space.
That is a very very big case of exception. Doge was actually a horrible coin to buy and hold, which I think it is still one right now as well. Just because Elon Musk made it go up for a short period of time doesn't mean that it will always be like that and we shouldn't trust it to go on that long neither. It's a project that was dead before Elon pumped it, and died after he left as well.

Just because you saw that one do it like that, doesn't mean that you should be expecting anyone else to do the same and no other coin to be the same neither. I do believe that bitcoin will be 100% higher, even more, at least x5 when the time comes, but that's on bitcoin and not some meme project.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Quidat on January 13, 2023, 09:17:00 PM
So at this point I am all into BTC and nothing more.
Its your money which it would really be your full decision on where you would be putting up these things or would really be invested.If you do really believe that much in bitcoin 100%
then its none's other business if you do only invest on Btc and not on some altcoins.Although its not really that bad to make up some considerations about altcoins which there are
indeed which are worth to hold too specially for long term but if you do have that fixed mindset and really that just sticking to btc then it isnt really a bad idea either.
Sticking into the original and king of crypto is always the best choice and its been proven out.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Furious 7 on January 13, 2023, 09:57:28 PM
So at this point I am all into BTC and nothing more.
Its your money which it would really be your full decision on where you would be putting up these things or would really be invested.If you do really believe that much in bitcoin 100%
then its none's other business if you do only invest on Btc and not on some altcoins.Although its not really that bad to make up some considerations about altcoins which there are
indeed which are worth to hold too specially for long term but if you do have that fixed mindset and really that just sticking to btc then it isnt really a bad idea either.
Sticking into the original and king of crypto is always the best choice and its been proven out.
I think being in bitcoin will still be much more worth it in any case.
It's not wrong to be in an altcoin but I think apart from a few coins that are quite good in the top 10 there is nothing else that is suitable as an investment especially for the long term.
Now that bitcoin is cheap so rather than considering anything else the OP's decision to be long term for bitcoin I think is a very good decision and indeed it is the thing to do.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Issa56 on January 13, 2023, 11:58:56 PM
What my portfolio consist of ahead of 2024 halving

To be sincere with you guys, I never give any thought for. Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.
So I can say that my portfolio is made up of 90% BTC and the remaining 10% as savings in case there will be further opportunity to buy BTC at a discount price.

So at this point I am all into BTC and nothing more.
If you want to make a safe investment, then you should invest in bitcoin, investing in altcoins is very risky, any altcoin can fail at any moment no matter how strong the altcoin is, we all saw what happened to some altcoins last year, no altcoin investment is safe.

People advicing you to invest in altcoins that you are going to make 10x of your investment, don't mind them bitcoin can also give you 10x and more, just assume you invested in bitcoin few years ago, you will have make enough money and your mind will be at rest compare to if you invest in altcoins.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: nara1892 on January 14, 2023, 12:00:12 PM
That’s the best investment than having 99% of altcoins on your portfolio. I admit that i’ve made a really bad decision not putting bitcoin as my priorities in investment cause I was expecting that some altcoins would go higher like a boom. Mid year last year I started putting 50% of my funds on bitcoin and will continue this year hopefully.
Make sure we always hold bitcoin before any coin in our portfolio. I won't forbid investing in any altcoins, but don't let us forget about bitcoins and instead focus on altcoins alone.
I usually make bitcoin my top priority, and if I want to invest in altcoins, I only share a portion of my capital in a percentage that is not much more than bitcoin. And even if I want to invest in altcoins, I usually don't focus on one of my coins, but I spread it from my capital for at least 2 types of coins.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Inwestour on January 14, 2023, 01:43:28 PM
Make sure we always hold bitcoin before any coin in our portfolio. I won't forbid investing in any altcoins, but don't let us forget about bitcoins and instead focus on altcoins alone.
I usually make bitcoin my top priority, and if I want to invest in altcoins, I only share a portion of my capital in a percentage that is not much more than bitcoin. And even if I want to invest in altcoins, I usually don't focus on one of my coins, but I spread it from my capital for at least 2 types of coins.
If there is a desire to buy altcoins, then the maximum you can allocate for this is 10% of your portfolio, but personally I would not do this. If there is bitcoin and I am confident in it, then why should I buy other coins?

I doubt that in the end these altcoins will grow significantly higher than bitcoin, but at the same time there is a very high risk that this altcoin may not grow, or something will happen to this project and its price will fall significantly.

Even if I know that bitcoin will grow a little less, but I will be sure that this is a reliable investment and nothing bad will definitely happen to it.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: savetheFORUM on January 14, 2023, 06:58:09 PM
If there is a desire to buy altcoins, then the maximum you can allocate for this is 10% of your portfolio, but personally I would not do this. If there is bitcoin and I am confident in it, then why should I buy other coins?

I doubt that in the end these altcoins will grow significantly higher than bitcoin, but at the same time there is a very high risk that this altcoin may not grow, or something will happen to this project and its price will fall significantly.

Even if I know that bitcoin will grow a little less, but I will be sure that this is a reliable investment and nothing bad will definitely happen to it.
It's important to remember that different investors have different risk tolerance and investment strategies, and what works for one person may not work for another.

However, it's generally a good idea to diversify your portfolio to spread out risk and potentially increase returns. It's also important to conduct thorough research and consider multiple perspectives before making any investment decisions. It's also a good idea to stay informed about the latest developments in the cryptocurrency market and to be aware of the risks involved in investing in any coin, whether it's bitcoin or an altcoin.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Flexystar on January 14, 2023, 07:08:44 PM
Yes we have already experienced a bit of up surge since few days now and guess what this happened after we entered into new year. Isn’t that is the sign we should not be missing bitcoin even at this point? Brace yourself guys we should be making more investments everyday and save up your change into bitcoin and push the portfolio. Halving is real, it’s proven time and we know how bitcoin goes boom level during halving.  Whatever might be causes for the same but it’s beneficial for us. :)


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: doomloop on January 14, 2023, 07:29:54 PM
As most of us here are already aware that the bitcoin halving cycle always bring with it an opportunity for another Bitcoin all time high price, even though we can not predict when the exact time for this AHT will be but we are certain it will come.

At the moment I am I am intense face of portfolio accumulation and I will like to share them with some newbies who may be confused on how to prepare for the expected time and what their portfolio should look like.

This thread is not for speculation, but a personal contribution and suggestion as motivated by my personal decision against the next halving and I will share them with any one that like to read through the thread and also consider the comments of others that will go inline with your personal convictions.
It is important to note that the halving event, which occurs every 210,000 blocks mined, or roughly every four years, has historically resulted in an increase in the price of Bitcoin over time. However, it's important to remember that past performance is not a guarantee of future results and that the cryptocurrency market is highly volatile. It's also worth noting that different investors have different risk tolerance and investment strategies, what works for one person may not work for another.

Diversifying your portfolio can help spread risk and potentially increase returns, but it's important to conduct your own due diligence and make suggested decisions time to time to get consistent returns.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Wakate on January 14, 2023, 08:24:18 PM
Yes we have already experienced a bit of up surge since few days now and guess what this happened after we entered into new year. Isn’t that is the sign we should not be missing bitcoin even at this point? Brace yourself guys we should be making more investments everyday and save up your change into bitcoin and push the portfolio. Halving is real, it’s proven time and we know how bitcoin goes boom level during halving.  Whatever might be causes for the same but it’s beneficial for us. :)
We always have the opportunity to invest in Bitcoin at any point in time and this is a crucial time we need to take a long at investing in Bitcoin since the entire crypto market is bearish without knowing when the market is going to move to the bullish direction. It is will be very fortunate for most of us that are already investing in Bitcoin now and accumulating a large holdings.
Since the beginning of the near market many newbie investors had lost hope in the market and had stop buying and holding because they never know how the crypto market works. Let's keep holding our coins for a better market days.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Doan9269 on January 14, 2023, 08:39:00 PM
There's this high probability that if you invested on bitcoin this year before the 2024 halving arrives there's certainty to making profitable return from your investment since those that just set in last week into bitcoin investment have already got something tangible out of it as there have been a margin between last week and this weekend with bitcoin price, so going by the next year event will be a boom to fast track the process with high volatility, this is part of the reasons people stick to bitcoin investment aahead the time when they buy the dip and hold on a specific target on event like that of the halving we are expecting for 2024.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: TheGreatPython on January 14, 2023, 09:02:31 PM
It's also a good idea to stay informed about the latest developments in the cryptocurrency market and to be aware of the risks involved in investing in any coin, whether it's bitcoin or an altcoin.
But do not forget that investing in altcoins has its own set of risks, it also has potentials to yield higher returns than Bitcoin. However, it's important to conduct thorough research and make sure the project has a solid foundation and a good team behind it. In general, it's important to make sure that you have an understanding of the risks involved and that you are comfortable with your investment choices. It's also important to remember that investing in cryptocurrency is a high-risk endeavour and one should seek professional advice before making any investment decisions.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Dr.Bitcoin_Strange on January 14, 2023, 09:43:23 PM
I am intense face of portfolio accumulation and I will like to share them with some newbies who may be confused on how to prepare for the expected time and what their portfolio should look like.

 Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity,

OP, you have a good knowledge of crypto, which is why you chose Bitcoin over altcoins, and that is what I wish for every Bitcoin newbie. Altcoins are not usually the right choice for a newbie, but most times, they become tempted by the price and the maximum they could acquire. Some folks with a fresh interest in crypto always ask: "What are the best cryptos they can invest in and cash out x10 (or more) profit on?" As a result, they end up feeding their portfolio with some shite and later put the blame on the person that guided them. Some altcoins may possibly yield X10 during the bull run, but for sure we cannot tell which it will be, so the best option is to stack Bitcoin.

If you have 90% of your crypto assets in Bitcoin, then your portfolio is solid. Despite not knowing when the next ATH will be, it's a good decision to stack your portfolio with some SATs. 


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Ziskinberg on January 14, 2023, 09:43:35 PM

To be sincere with you guys, I never give any thought for. Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.

It is interesting but investing in Bitcoin alone is the safest investment than risking to new altcoins. However, I understand why your friends encourage you to invest in altcoins because they wanted you to spread your investment for this could help you also to earn more profit but yes, the risk is too high. Considering that you can't take risks more, your decision is right because it was preferred to just invest money that we can afford to lose which I found out that you can't.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Yatsan on January 14, 2023, 11:07:54 PM

To be sincere with you guys, I never give any thought for. Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.

It is interesting but investing in Bitcoin alone is the safest investment than risking to new altcoins. However, I understand why your friends encourage you to invest in altcoins because they wanted you to spread your investment for this could help you also to earn more profit but yes, the risk is too high. Considering that you can't take risks more, your decision is right because it was preferred to just invest money that we can afford to lose which I found out that you can't.
As we all know, the anticipated increase would be on 2024. Bitcoin and Ethereum I guess, are the only tokens which would be and could be trusted for holding that long. Well, there are others such as stable coins but profit won't be as promising as with the major coins. Altcoins on the other hand would be giving or generating bigger profit due to its higher rate of increase during a bull trend but it is hard determining which token would be the right choice which creates risk for long term holding. If you're an investor with altcoin preference, this is not the right time to enter for the next anticipated pump. Unless you are willing to trust that much and gamble on your altcoin prospect.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: uneng on January 15, 2023, 02:46:46 AM

To be sincere with you guys, I never give any thought for. Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.

It is interesting but investing in Bitcoin alone is the safest investment than risking to new altcoins. However, I understand why your friends encourage you to invest in altcoins because they wanted you to spread your investment for this could help you also to earn more profit but yes, the risk is too high. Considering that you can't take risks more, your decision is right because it was preferred to just invest money that we can afford to lose which I found out that you can't.
As we all know, the anticipated increase would be on 2024. Bitcoin and Ethereum I guess, are the only tokens which would be and could be trusted for holding that long. Well, there are others such as stable coins but profit won't be as promising as with the major coins. Altcoins on the other hand would be giving or generating bigger profit due to its higher rate of increase during a bull trend but it is hard determining which token would be the right choice which creates risk for long term holding. If you're an investor with altcoin preference, this is not the right time to enter for the next anticipated pump. Unless you are willing to trust that much and gamble on your altcoin prospect.
If you aren't confortable taking the risks of altcoins, it's really better that you invest exclusively in bitcoin. That is what I would name a very conservative investment strategy, and probably the best approach in crypto market for those who are newbies or for who doesn't have much money to risk, so their guess must be the right one, and the right one is Bitcoin, without any doubts. Personally, I invest only a small portion of my holdings in altcoins, but I'm also adept of the conservative bitcoin strategy for the biggest part of my holdings. And I also avoid holding fiat as well, since it heavily loses purchasing power, so I'm fully into cryptocurrency.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: savetheFORUM on January 15, 2023, 10:25:31 AM
To be sincere with you guys, I never give any thought for. Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.
So I can say that my portfolio is made up of 90% BTC and the remaining 10% as savings in case there will be further opportunity to buy BTC at a discount price.
Regarding this personal investment strategy, always better investing in bitcoin only, doesn't diversify your portfolio and make it less risky. However, you may be comfortable with the risk and potential reward of having 90% of your portfolio in Bitcoin. It's important to make sure that you have an understanding of the risks involved and that you are comfortable with your investment choices.

It's also worth noting that investing in altcoins also carries its own set of risks, such as lack of regulation, lack of liquidity, and greater price volatility.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: ethereumhunter on January 15, 2023, 12:47:13 PM

To be sincere with you guys, I never give any thought for. Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.

It is interesting but investing in Bitcoin alone is the safest investment than risking to new altcoins. However, I understand why your friends encourage you to invest in altcoins because they wanted you to spread your investment for this could help you also to earn more profit but yes, the risk is too high. Considering that you can't take risks more, your decision is right because it was preferred to just invest money that we can afford to lose which I found out that you can't.
Agree with you because bitcoin can be more promising than altcoins. Altcoins can increase very high but remember that many altcoins can increase and we may find it difficult to choose the right altcoin that can increase. The risk is also too high because we may think buying an altcoin at a very low price and suddenly it booms will make a very big profit. But that's not the scenario because the altcoins we have will never increase at all.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: naira on January 15, 2023, 12:57:19 PM
snip~
It is important to note that the halving event, which occurs every 210,000 blocks mined, or roughly every four years, has historically resulted in an increase in the price of Bitcoin over time. However, it's important to remember that past performance is not a guarantee of future results and that the cryptocurrency market is highly volatile. It's also worth noting that different investors have different risk tolerance and investment strategies, what works for one person may not work for another.

Diversifying your portfolio can help spread risk and potentially increase returns, but it's important to conduct your own due diligence and make suggested decisions time to time to get consistent returns.
I completely agree that the halving event has been a positive sign for Bitcoin, but it's important to remember that the market is constantly changing and nothing is guaranteed. As a Bitcoin enthusiast, I truly believe in the potential of this cryptocurrency to shape the world and revolutionize the way we think about money. However, it's important to always stay mindful and conduct your own research before making any investment. All in bitcoin is a good strategy but also consider other options such as gold or real estate
The Bitcoin halving is in sight and we still believe that it's never too late if beginners want to get started. There will be cycles of ups and downs all the time in Bitcoin so this opportunity can be taken at any time and consistently collect a few dollars in Bitcoin. But regarding setting aside altcoins, the risks are too high, where choosing and sorting altcoins is not only difficult but there are countless numbers of them. For this reason, by focusing on Bitcoin, we know what the future will be like.

This recent increase is still early days and we will see it soon throughout 2023. There may be a break at some point and that is an opportunity for anyone looking to take advantage of the halving.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: palle11 on January 15, 2023, 02:09:53 PM

That's much better than those that have 99% of altcoins thinking that all of them will fly high when the bull run comes.


You can be lucky and if you get a cheap coins that has utility then you will have more gains but if you don't, you go into losses and regret.


Yes, many of them will but we don't know if those altcoins that are part of their portfolios will also go up.


Altcoins bull is selective and not general, so you can only be lucky if the ones you have are joining the bull. Investment in altcoins is riskier except that you invest in altcoins with value.


You'll never skip the bull run if you have it because the entire market is going after bitcoin's move.

This is certainly so that the bull season is all about bitcoin and whoever hodls bitcoin then is at advantage more than those with some altcoins because some altcoins will not bull even if bitcoin is increasing. Therefore, bitcoin investment is the best in cryptocurrency.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: molsewid on January 15, 2023, 02:58:40 PM
As most of us here are already aware that the bitcoin halving cycle always bring with it an opportunity for another Bitcoin all time high price, even though we can not predict when the exact time for this AHT will be but we are certain it will come.

At the moment I am I am intense face of portfolio accumulation and I will like to share them with some newbies who may be confused on how to prepare for the expected time and what their portfolio should look like.

This thread is not for speculation, but a personal contribution and suggestion as motivated by my personal decision against the next halving and I will share them with any one that like to read through the thread and also consider the comments of others that will go inline with your personal convictions.


What my portfolio consist of ahead of 2024 halving

To be sincere with you guys, I never give any thought for. Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.
So I can say that my portfolio is made up of 90% BTC and the remaining 10% as savings in case there will be further opportunity to buy BTC at a discount price.

So at this point I am all into BTC and nothing more.

That's good mate, you have a clear plans ahead on where and when you are going to invest your money. For me, I will start accumulating fiat that I will soon trade to bitcoin as well, I need to make all things to get more bitcoin before halving. We all know the effect of halving. If there's other coin that I want to invest as well will be eth and bnb.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Dickiy on January 15, 2023, 03:23:41 PM
I'm glad to see you are only focusing on bitcoin rather than altcoins because after what happened to bitcoin, we will see a very high increase in bitcoin. And if we don't prepare to own a lot of bitcoins from now on, we will only see their price increase without having the opportunity to make huge profits like others.
Yes of course, if you don't want to miss the sailing ship, we have to prepare from now on. I think it's still not too late to get on the ship that will continue its journey.

Quote
If we decide to invest in altcoins, we will never know which altcoin will increase because there are so many altcoins that we have to work hard to find the right altcoin. But when you choose bitcoin as your main investment, you won't be confused because the choice is bitcoin. Give a larger portion to bitcoin and adjust the portion to altcoins because you will feel difficult to buy all the altcoins in large quantities unless you are the whale.
I think it's fair to reject altcoins because we don't know how long this alt project will last, even a top 10 alt like Luna can be destroyed in a matter of hours. that is very dangerous, I think the OP made the right decision to fill his portfolio with bitcoin, and not focus on altcoins because as you say (unless you are the whale) and as we have seen so much of alt is hype and scheme.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: crunck on January 15, 2023, 03:24:47 PM
As most of us here are already aware that the bitcoin halving cycle always bring with it an opportunity for another Bitcoin all time high price, even though we can not predict when the exact time for this AHT will be but we are certain it will come.

At the moment I am I am intense face of portfolio accumulation and I will like to share them with some newbies who may be confused on how to prepare for the expected time and what their portfolio should look like.

This thread is not for speculation, but a personal contribution and suggestion as motivated by my personal decision against the next halving and I will share them with any one that like to read through the thread and also consider the comments of others that will go inline with your personal convictions.


What my portfolio consist of ahead of 2024 halving

To be sincere with you guys, I never give any thought for. Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.
So I can say that my portfolio is made up of 90% BTC and the remaining 10% as savings in case there will be further opportunity to buy BTC at a discount price.

So at this point I am all into BTC and nothing more.

That's good mate, you have a clear plans ahead on where and when you are going to invest your money. For me, I will start accumulating fiat that I will soon trade to bitcoin as well, I need to make all things to get more bitcoin before halving. We all know the effect of halving. If there's other coin that I want to invest as well will be eth and bnb.

I think now is also the right time to accumulate bitcoins, don't wait because we won't know if bitcoin is only going up in the short term and will fall again or bitcoin will rise from here and start a bull market. There is still no certainty that history will repeat itself, bitcoin will only increase in price after the halving, and things can still change.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Minor Miner on January 15, 2023, 04:18:28 PM

Quote
If we decide to invest in altcoins, we will never know which altcoin will increase because there are so many altcoins that we have to work hard to find the right altcoin. But when you choose bitcoin as your main investment, you won't be confused because the choice is bitcoin. Give a larger portion to bitcoin and adjust the portion to altcoins because you will feel difficult to buy all the altcoins in large quantities unless you are the whale.
I think it's fair to reject altcoins because we don't know how long this alt project will last, even a top 10 alt like Luna can be destroyed in a matter of hours. that is very dangerous, I think the OP made the right decision to fill his portfolio with bitcoin, and not focus on altcoins because as you say (unless you are the whale) and as we have seen so much of alt is hype and scheme.

I have no problem with bitcoin maximalists which is a good thing because you don't need to worry too much about your portfolio. But if you say that all altcoins are not worth investing in, then I don't think so, I'm not talking about the top 10 or 100 here, because investing in altcoins, there are many factors to conclude whether it is a project to invest in or not. I will only talk about ETH, it is also an altcoin, and it has been with bitcoin at the top of the market for many years. So I don't think all altcoins are hype and scheme.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Piesel on January 15, 2023, 11:07:15 PM
Ops i think its a bit too early to start speculating what your portfolio should be ahead of the bitcoin halving even though the halving is just a year ahead, bht judgjng from your chioce of asset combination and portfolio arrangement i cab see that you set high priority on Bitcoin which to me is very good.

Infacf i dont have much altcoins in my portfolio unless for a few which I hard a long time ago aside from that, I spent all my investment capital on bitcoin accumulation during the last bear market low price.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Smack That Ace on January 16, 2023, 10:08:11 AM
~~~

There are probably altcoins that can also show good growth, but how many altcoins are there, and how do I find the one that will grow? This is an additional risk and this is a waste of my time, money and effort in finding these possibly promising altcoins. Therefore, I decided for myself that I would only invest in bitcoin and I believe that this strategy will bring me the best result.

In a bear market like today, bitcoin is a perfect choice. But in a bull market, you will see a lot of altcoins going up, SHIB and Doge being prime examples in the 2021 bull season. If you can take risks and want to seek bigger returns, then I think you should only invest in altcoins during the bull season, the down season is not the right time. Besides, considering ETH and BNB have evolved over the years, they are not inferior to bitcoin. Maybe they are centralized and are shitcoins compared to bitcoin, but in terms of profit, they are not inferior.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Inwestour on January 16, 2023, 11:11:49 AM

That's good mate, you have a clear plans ahead on where and when you are going to invest your money. For me, I will start accumulating fiat that I will soon trade to bitcoin as well, I need to make all things to get more bitcoin before halving. We all know the effect of halving. If there's other coin that I want to invest as well will be eth and bnb.
I still have not seen convincing evidence that halving affects the price of bitcoin, there are many discussions about this, but there is still no clear answer. Bitcoin was worth buying throughout 2022, it’s not too late to start doing it now either, but what if we have already entered the bull market phase?

Growth always starts unexpectedly, and what we see now may well be the beginning of growth. The move from 17k to 21k was very fast, maybe many who were waiting for a further drop and didn't buy are still waiting now and not buying, but they may miss out on a good price and will buying even more expensive.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: pixie85 on January 16, 2023, 12:38:07 PM
I have no problem with bitcoin maximalists which is a good thing because you don't need to worry too much about your portfolio. But if you say that all altcoins are not worth investing in, then I don't think so, I'm not talking about the top 10 or 100 here, because investing in altcoins, there are many factors to conclude whether it is a project to invest in or not. I will only talk about ETH, it is also an altcoin, and it has been with bitcoin at the top of the market for many years. So I don't think all altcoins are hype and scheme.

Top 10 by market cap doesn't matter because you have things like XRP there that's a total scam with large premine made by a former founder of scam exchange Mt. Gox.
XRP is also a security and the US agencies are after them. Sooner or later they'll be in trouble.

I don't understand why so many people still invest in scam cryptocurrencies in 2023 just because their market cap is high.

Personally I still have some ETH that I bought in 2019 for less than $200 so I don't feel the need to get rid of it. Apart from that I only have bitcoin.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Sayeds56 on January 16, 2023, 12:47:51 PM

That's good mate, you have a clear plans ahead on where and when you are going to invest your money. For me, I will start accumulating fiat that I will soon trade to bitcoin as well, I need to make all things to get more bitcoin before halving. We all know the effect of halving. If there's other coin that I want to invest as well will be eth and bnb.
I still have not seen convincing evidence that halving affects the price of bitcoin, there are many discussions about this, but there is still no clear answer. Bitcoin was worth buying throughout 2022, it’s not too late to start doing it now either, but what if we have already entered the bull market phase?

Growth always starts unexpectedly, and what we see now may well be the beginning of growth. The move from 17k to 21k was very fast, maybe many who were waiting for a further drop and didn't buy are still waiting now and not buying, but they may miss out on a good price and will buying even more expensive.

According to economic principle of supply and demand, the price of any asset or commodity should increase with decease in supply. As the supply of Bitcoin decreases due to less block reward with every halving, which leads to decease of Bitcoin supply in the market, the price of Bitcoin should increase, assuming demand remains same of goes up. however, in case the market is in downtrend, the outcome may not be so positive.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: aoluain on January 16, 2023, 01:15:48 PM

That's good mate, you have a clear plans ahead on where and when you are going to invest your money. For me, I will start accumulating fiat that I will soon trade to bitcoin as well, I need to make all things to get more bitcoin before halving. We all know the effect of halving. If there's other coin that I want to invest as well will be eth and bnb.
I still have not seen convincing evidence that halving affects the price of bitcoin, there are many discussions about this, but there is still no clear answer. Bitcoin was worth buying throughout 2022, it’s not too late to start doing it now either, but what if we have already entered the bull market phase?

Growth always starts unexpectedly, and what we see now may well be the beginning of growth. The move from 17k to 21k was very fast, maybe many who were waiting for a further drop and didn't buy are still waiting now and not buying, but they may miss out on a good price and will buying even more expensive.

The halving is part of a cycle, it's the start of a new cycle actually and the markets do react
to the event, peaking about 12 months after the event. It's never too late to buy Bitcoin.

I have no problem with bitcoin maximalists which is a good thing because you don't need to worry too much about your portfolio. But if you say that all altcoins are not worth investing in, then I don't think so, I'm not talking about the top 10 or 100 here, because investing in altcoins, there are many factors to conclude whether it is a project to invest in or not. I will only talk about ETH, it is also an altcoin, and it has been with bitcoin at the top of the market for many years. So I don't think all altcoins are hype and scheme.

Top 10 by market cap doesn't matter because you have things like XRP there that's a total scam with large premine made by a former founder of scam exchange Mt. Gox.
XRP is also a security and the US agencies are after them. Sooner or later they'll be in trouble.

I don't understand why so many people still invest in scam cryptocurrencies in 2023 just because their market cap is high.

Personally I still have some ETH that I bought in 2019 for less than $200 so I don't feel the need to get rid of it. Apart from that I only have bitcoin.

in the promise or hope they will score a 100x return.

The "Top 10" in Coinmarketcap is absolutely no marker for investing in scam tokens.
I can name some former "Top 10" tokens which everyone once raved about and where
are they now? heading for #100 and beyond.



To respond to the OP, I am 100% all in on Bitcoin, I have no other investments. But my
backing of Bitcoin is not aimed at the 2024 halving or even the one after, it's longer term.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: sana54210 on January 16, 2023, 06:11:32 PM
According to economic principle of supply and demand, the price of any asset or commodity should increase with decease in supply. As the supply of Bitcoin decreases due to less block reward with every halving, which leads to decease of Bitcoin supply in the market, the price of Bitcoin should increase, assuming demand remains same of goes up. however, in case the market is in downtrend, the outcome may not be so positive.
I would guess there is an attention and hype regarding this as well. We are no longer in a world where it's easy to just put supply/demand on a scale and make it work. For example, supply could go low, and demand could go away completely just because of this instead.

Let's say I buy ALL bitcoins in the world, making a lot of people very rich because price would go up a lot, tens of millions of dollars per bitcoin, but I did it, after that? Would you all still be interested in bitcoin that is owned by just a single person? The supply dropped significantly and yet demand is no longer there in that case. This is why it's an important topic to keep following how much the demand is there, and ignore supply.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: wxa7115 on January 18, 2023, 03:03:29 AM
According to economic principle of supply and demand, the price of any asset or commodity should increase with decease in supply. As the supply of Bitcoin decreases due to less block reward with every halving, which leads to decease of Bitcoin supply in the market, the price of Bitcoin should increase, assuming demand remains same of goes up. however, in case the market is in downtrend, the outcome may not be so positive.
Both the supply and demand are necessary to determine the value of anything, which is why both of those terms are often brought together and not on their own.

If there is no demand then even if the supply of an asset is very low then its value will be close to zero, and example of this are NFTs, however if the demand is high but the supply is also very high then the value of the asset will be low as well, with dogecoin been a good example of this as it does no matter how high is its demand the value of each individual dogecoin will always remain low due to its massive supply.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: kro55 on January 18, 2023, 03:50:01 AM

That's good mate, you have a clear plans ahead on where and when you are going to invest your money. For me, I will start accumulating fiat that I will soon trade to bitcoin as well, I need to make all things to get more bitcoin before halving. We all know the effect of halving. If there's other coin that I want to invest as well will be eth and bnb.
I still have not seen convincing evidence that halving affects the price of bitcoin, there are many discussions about this, but there is still no clear answer. Bitcoin was worth buying throughout 2022, it’s not too late to start doing it now either, but what if we have already entered the bull market phase?

Growth always starts unexpectedly, and what we see now may well be the beginning of growth. The move from 17k to 21k was very fast, maybe many who were waiting for a further drop and didn't buy are still waiting now and not buying, but they may miss out on a good price and will buying even more expensive.

In previous halvings, bitcoin both rallied and hit ATH later, that won't happen immediately but maybe after a while, so a lot of people are expecting history to repeat itself. Bitcoin unexpectedly rallied but didn't show it as a sign of a bull season, it's not uncommon for bitcoin to have several rallies during the bear market. But if anyone continues to wait and not buy in 2022 and now, it is really a pity because bitcoin will increase or decrease. No one can predict.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: Sebas.tian on January 18, 2023, 04:12:09 AM
Quote from: Ojima-ojo

So at this point I am all into BTC and nothing more.

Good to hear that from you OP, I think many newbies will like to make a good choice in this season to invest huge amount of money on Bitcoin than investing in altcoin alone in the community. Bitcoin still remain the king among other cryptocurrencies which is part of some of the advantage that will make both old traders and new traders to embrace Bitcoin in this season to have access to a good future. Right from time, I never doubted Bitcoin, that's why I always made Bitcoin my first choice in the area of investment, and I always achieved a good results at the end of the investment.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: rby on January 18, 2023, 03:23:56 PM
Many people have different sentiment and different reasoning about their portfolio and investment. Many people go for altcoins. Sometimes they can be lucky and make x20 or above and sometimes they are unlucky and lose. If you are not ready for the drama, simply remain with bitcoin. Op if the 90% you said is in bitcoin is the 90% of all your money, you are so wrong. Don't invest more than you can afford to lose.


Title: Re: My investments ahead of the 2024 halving 100% Bitcoin
Post by: DaNNy001 on January 19, 2023, 10:38:59 PM
Many people have different sentiment and different reasoning about their portfolio and investment. Many people go for altcoins. Sometimes they can be lucky and make x20 or above and sometimes they are unlucky and lose. If you are not ready for the drama, simply remain with bitcoin. Op if the 90% you said is in bitcoin is the 90% of all your money, you are so wrong. Don't invest more than you can afford to lose.
I certainly am not ready to take the chances with investing in any altcoin thats why am sticking and going with my bitcoin investments. The trending story that have going on with so many altcoin has given me an awareness that i can lose when investing in altcoin. I think investing in any coin depends on how you feel about the coins, i will certainly not put my money on something am not Ok with. And I Dont invest what I Dont have so i won't be affected by my investment. Many people even go as far as borrowing money to make an investment which i think is very wrong.