Newbie looking for advice

[shurcat]

Hello all;
I used to have a little btc which sold and use in 2017-2018 , i had lost a good portion of it trying to profit trading with altcoins (bad option).
Now a days i dont have any crypto as i have used the crypto i had in 2017-2018 as my principal funds, i spent it on good and cash out the rest ( a little at a lost but i needed that money) as a student ive used it as my principal money.
Last month i spent my lasts sathosis, owning now 0.0000

But after doing some research and thinking a lot im reconsidering to buy a little (like 100-300dollars) and hold it.

Maybe selling goods i dont use i can buy a little more..
Ive spent some of that crypto in collectibles which maybe i sell here

What do you think people? go all in btc or diversify a little on alts?

Thanks in advance

[DeathAngel]

Spend what you can viably afford on bitcoin, don’t bother with shitty alts, sure you might get lucky & make money with alts but equally, just as likely you’ll lose money.

Stick to the real deal & buy BTC.

Hold onto your BTC & wait for the guaranteed profits to rain in during the next epic bull surge.

[Darooghe]

I think diversification is very important in crypto investments. If you ask most seasoned investors about their portfolios they will tell you that they are invested in multiple mainstream currencies as well as a whole bunch of altcoins.

The crypto market is extremely volatile and it is dependent on various factors totally out of our control. for this reason it is important to have a diverse portfolio in which even if one currency plummets the end profit would be secured by growth of other assets or even by the explosive growth of at least one asset. I would divide equally in three areas. Bitcoin, Ethereum and Vechain. They all represent three different facets of the crypto world and are not tied directly to each other.

[milewilda]

Maybe selling goods i dont use i can buy a little more..
Ive spent some of that crypto in collectibles which maybe i sell here

What do you think people? go all in btc or diversify a little on alts?

Thanks in advance

Selling out into those years are the best time to sell it out.It isnt really bad to spend out or cash it all if you do have something important to be prioritized.
Going back into crypto investing doesnt have specific or right time for you to question about it because market do always move. Starting for few dollars
isnt a bad start up. Plan for buying alts? Then choose up the top ranking ones.Dont go for low cap coins and hoping for some moon because this wont happen
easily on this year and upcoming ones.

[Doell]

your option is better to use half for bitcoin and half for spread in the form of altcoin ,I'm sure your decision return to crypto is the right choice and you will definitely already gained experience in 2017

[peempeem]

Depends.

Are you in it for making short term income or would you rather buy and hold over years?

Sounds like you just want to make short term money. Then you should learn how to trade or you are destined to lose money/cash out again.

[hugeblack]

Perhaps one of the reasons for your loss in 2017 is greed. It was high oriented and you decided to jump out.

You must specify why you want to buy Bitcoin? You will not make a profit from the receipt of $ 100, especially since the price is now at about $ 10,000.
You should invest in knowledge, learn how to read charts and then you can earn by knowing using this forum or anywhere.
This knowledge will contribute to converting $ 100 to $ 100,000 using BTC or without it.

If you do not know how to invest it is better to bet on Bitcoin rather than other shitcoins.

[btc78]

Hello all;
I used to have a little btc which sold and use in 2017-2018 , i had lost a good portion of it trying to profit trading with altcoins (bad option).
Now a days i dont have any crypto as i have used the crypto i had in 2017-2018 as my principal funds, i spent it on good and cash out the rest ( a little at a lost but i needed that money) as a student ive used it as my principal money.
Last month i spent my lasts sathosis, owning now 0.0000

But after doing some research and thinking a lot im reconsidering to buy a little (like 100-300dollars) and hold it.

Maybe selling goods i dont use i can buy a little more..
Ive spent some of that crypto in collectibles which maybe i sell here

What do you think people? go all in btc or diversify a little on alts?

Thanks in advance

You have already failed in altcoins as you mentioned, and now thinking another chance again?though i don't usually tell people to go all in,but this time as i read your story? I can say that better go Place all for bitcoin and don't think more and do it now as time is running and December is near to come ,this is one of the most expected time that bitcoin and the market will pump at least enough to bring profit

[wajik-tempe]

Hello all;
I used to have a little btc which sold and use in 2017-2018 , i had lost a good portion of it trying to profit trading with altcoins (bad option).
Now a days i dont have any crypto as i have used the crypto i had in 2017-2018 as my principal funds, i spent it on good and cash out the rest ( a little at a lost but i needed that money) as a student ive used it as my principal money.
Last month i spent my lasts sathosis, owning now 0.0000

But after doing some research and thinking a lot im reconsidering to buy a little (like 100-300dollars) and hold it.

Maybe selling goods i dont use i can buy a little more..
Ive spent some of that crypto in collectibles which maybe i sell here

What do you think people? go all in btc or diversify a little on alts?

Thanks in advance

If your intention is just for investing for a long term, buying btc right now and hold it until the end of next year is the best option in my opinion since bitcoin is gonna held halving and second quarter next year.
But if you want to earn daily earning from doing daytrade you should buy some alts, but from what i heard based on your experienced you're not a good trader who can control emotion so use don't even have 0.00000001 in your balance. So, i recommend you for just doing long term investing

[gentlemand]

Ive spent some of that crypto in collectibles which maybe i sell here

Buying collectibles in BTC was certainly a mistake on my part. People were paying 5-6 BTC for Casascius error coins that now fetch 1.2 or whatever. If you plan to stay in BTC that's the first thing I'd get rid of.

[LUCKMCFLY]

~snip~

It's hard to tell you good advice, because I don't know what you want to achieve? Do you want to be a market speculator or do you want to be an investor? To be a market speculator you must always operate in the sense of the market, and with only Bitcoin, the Altcoins I really do not recommend them for anything and less as an investment.

For investment, what you should do is leave that money there and wait until Bitcoin takes its bullish trend, the problem is that it is not known when it will occur, but I assure you that it is an investment that will not give you losses, the last ATH was of $ 20K, this time there will be a new ATH over $ 20k.

If you leave it in investment, forget about that money, that money should not be touched at all because your investment would fall, so be very careful to keep your accounts and daily expenses up to date without touching your investment. I advise you to read some books by Jessi Livermore and Wyckoff, because they were speculators who took advantage of the movements of the Stock Market, and their teachings can be applied to the Crypto market, as time goes by, your investment is there and you learn, that is, You will not waste time or money.

After you learn and understand the market, you can do your analysis and you will realize if your potential is to be a market speculator or investor.

[kolonel_x]

Better to buy Bitcoin in the long run compared to altcoin which keeps you losing?
Bitcoin has high hopes for you next year so this opportunity is good for you, even though you spent altcoin last year but now you have done your research so reconsider between bitcoin and altcoin.
My suggestion is to hold bitcoin more for your future.

[Hamphser]

Go on, invest it in bitcoin if you have the money or if you are too eager to buy it, you can diversify a little if you plan on holding some of your altcoins too.
I suggest you find a part time job for your personal expenses and avoid spending your bitcoin to anything. Long term investors are aiming to hold their token specially bitcoin when the right time comes for selling.

[tomahawk9]

What do you think people? go all in btc or diversify a little on alts?

You already had a bad experience with alts so why go back and start dealing with them again? Forget about alts and go all in on BTC.

Btw, for how long are you planning to hodl? Did you set a price target at which you'll consider cashing out? Hopefully you won't cash out at 20k because the profits will be minimal (if you're buying such low amounts). My advice: hodl for the long-term, 5-7 years or maybe more.

[jakelyson]

i had lost a good portion of it trying to profit trading with altcoins (bad option).

What do you think people? go all in btc or diversify a little on alts?

You already have a bad experience with alts. You should learn from it. If I were you, I would focus on building my wealth on bitcoin. Buy some bitcoin in small portions regularly so that you could cost average the price. You never know. You made mistakes during the last crypto bull run, maybe you can redeem yourself on the next.

[CarnagexD]

If you already have money to invest maybe half of it will be in bitcoin and the rest will be on different altcoins. It is your time to buy now because the price still remains at the price of 9100$+ and it still not move. Maybe do not sell any of your goods but try to find a good or decent job that you can earn money. You can find some jobs here where they will also pay in bitcoin. Always remember that do not put all eggs in one basket that's why you must diversify all your investment.

[Wapfika]

Go on, invest it in bitcoin if you have the money or if you are too eager to buy it, you can diversify a little if you plan on holding some of your altcoins too.
I suggest you find a part time job for your personal expenses and avoid spending your bitcoin to anything. Long term investors are aiming to hold their token specially bitcoin when the right time comes for selling.

If OP still studying then long term might not happen again as he might still use it, if he is in need, he really needs to expand or add cashflow in him so he'll be able to sustain his need without using if ever his investment. Having part time or I suggest half of it's budget now to be intended for investment in bitcoin and half for emergency fund so he still have some savings if ever the market is not in good condition, he don't need to be at loss.

[wheelz1200]

Hello all;
I used to have a little btc which sold and use in 2017-2018 , i had lost a good portion of it trying to profit trading with altcoins (bad option).
Now a days i dont have any crypto as i have used the crypto i had in 2017-2018 as my principal funds, i spent it on good and cash out the rest ( a little at a lost but i needed that money) as a student ive used it as my principal money.
Last month i spent my lasts sathosis, owning now 0.0000

But after doing some research and thinking a lot im reconsidering to buy a little (like 100-300dollars) and hold it.

Maybe selling goods i dont use i can buy a little more..
Ive spent some of that crypto in collectibles which maybe i sell here

What do you think people? go all in btc or diversify a little on alts?

Thanks in advance

Always start with bitcoin and only delve into alts when you have a decent position in bitcoin.  Alts will end up getting you an empty bag again.  They should be used to hedge your bitcoin position not to be more than your position.  Too many people gamble and lose on alts than the other way around.  Either way good luck to you

[Hamphser]

Go on, invest it in bitcoin if you have the money or if you are too eager to buy it, you can diversify a little if you plan on holding some of your altcoins too.
I suggest you find a part time job for your personal expenses and avoid spending your bitcoin to anything. Long term investors are aiming to hold their token specially bitcoin when the right time comes for selling.

If OP still studying then long term might not happen again as he might still use it, if he is in need, he really needs to expand or add cashflow in him so he'll be able to sustain his need without using if ever his investment. Having part time or I suggest half of it's budget now to be intended for investment in bitcoin and half for emergency fund so he still have some savings if ever the market is not in good condition, he don't need to be at loss.

The best way to earn and keep safe his investment is to have a part time job that would really sustain to his financial needs. Even if he was still studying, he can have a part time job or be a working student so that he will ensure his investment without taking some of it since the market is too volatile.

[shurcat]

Many thanks all people for the reply!
I dont want to learn how to trade, im studying and dont want to study anything more haha, i want to buy and hodl like 2-3 years
At the end of the month i hope to have 100-300$ to spent and i want to invest in crypto as i think i need to have a small portion, so by that im considering to re-enter in this space, i trust the future of money will be crypto and the king crypto will be Bitcoin but i needed that money and dont have any penny in the bank account so i cashed out and spent all and im worried now because dont own any sathosi and i like to have a little portion.
I think i will finally buy 100-300$ at the end of the month and 80% Will be for the king (Bitcoin) and the other 20% diversified on alts.
For the one who says "dont buy crypto collectibles" , im with you, i have done it bad, if i had used that money to buy crypto and no that collectibles It will be better, probably better returns in the future. Im going to sell that collectibles in this forum and exchange it to crypto which is better.
Its not good to have crypto collectibles and not have real crypto haha.
So... This month i will invest that 100-300$ (depend of my needs) and the next months i hope to invest a little more, maybe week a week , like investing 20-30$ a week can be good option, i have a crypto atm in my city so its easy.
Sorry if my english is bad sometimes, im learning it haha.

Greetings from Europe