I'm now all in BTC. All eggs in one basket!

[virtualdn]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

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[Streets 2.0]

All eggs in one basket is not the best plan in my humble opinion. For example, bitcoin falls by several percentage points when I write this post, and etherium turnover shows an increase of 0.5% If you have coins from at least the TOP-5 in any shares, it will insure you against the fall of any individual of them. Whereas if you only have one thing - the risk will increase, although the potential profit will also. The question is, do you need this risk or not?

[Upgrade00]

By not sold a bit, do you mean not sold any at all? Those would be very strong hands you got

Is this a risky move?

It is a risky move in my opinion, but I think it's a wise one and doubt you are alone, especially on this forum.
If you plan on selling a bit later this year, that would help provide a cushion, should there be any unfavourable price movements as you've already pulled out some profits.

If you have coins from at least the TOP-5 in any shares, it will insure you against the fall of any individual of them.

Market cap is not a good metric to base investment advice on. Looking back a couple of years, the top five cryptocurrencies change very often, so one would have to change their portfolio once a new one comes in and one drops out.

[virtualdn]

By not sold a bit, do you mean not sold any at all? Those would be very strong hands you got

Is this a risky move?

It is a risky move in my opinion, but I think it's a wise one and doubt you are alone, especially on this forum.
If you plan on selling a bit later this year, that would help provide a cushion, should there be any unfavourable price movements as you've already pulled out some profits.

I never sold a satoshi. It's hard to do it but I got used to HODLing. Also I don't trust any altcoin too much to be honest. HODLing is fun: no headaches!

[BIT-BENDER]

My plans is not much different from yours just that you have been into bitcoin far longer than me, needless to say you already have more bitcoin, also I actually don't have any other alt-coins be it ethereum, litecoin, dogecoin and more, I am having a rethink and checking out coins like dogecoin or bnb I think it won't hurt to get some alt-coins to my portfolio, also in my plan is trading and trading with bitcoin, been doing final stages learning and trying out demo trades, but I can say it more of bitcoin for me in crypto-currency.

[bitmover]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

 bitcoin was about 100 USD in 2013.

If you invested 2000 USD back in 2013 you have about 20 bitcoins (as you never sold any), which is about 1 million dollars.

I would sell at least 25% of those bitcoins and buy something solid like a house or some ETF if I were in your position...

[virtualdn]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

 bitcoin was about 100 USD in 2013.

If you invested 2000 USD back in 2013 you have about 20 bitcoins (as you never sold any), which is about 1 million dollars.

I would sell at least 25% of those bitcoins and buy something solid like a house or some ETF if I were in your position...

I've only joined in late 2013 and earned BTC in the coming years as well. I think you're overestimating my earnings

[passwordnow]

You're already in profit and the risk that you bear isn't that much anymore unlike before when there were only few talks about bitcoin. It's known that the quotes about all eggs in one basket is quite risky but in cryptocurrency, IMHO, the risk is lessened if it's for bitcoin and other top altcoins but the favor always goes to bitcoin. My plan is to HODL too, I've done my part of selling at the earliest which was one of the wrong moves that I've done and I've learned from it.

[Ryker1]

Well, perhaps you are holding a whole number of bitcoin which is pretty sure that has a good value right now.
Investing all eggs in one basket in the right decision is risky in my opinion because we know how potentially that bitcoin has when it comes to gaining profit. I like your holding strategy and you are able to hold that long without tempting yourself to sell some of your bitcoin and perhaps you have gained now how many times fold than your initial capital since 2013. That is really cool.

[bL4nkcode]

Welp congrats. If you were able to wait that long time while there's not that much attention to bitcoin and its price on its early years, then I guess you can still wait another 7 years while bitcoin reaching another ath in almost every month.

[virtualdn]

Welp congrats. If you were able to wait that long time while there's not that much attention to bitcoin and its price on its early years, then I guess you can still wait another 7 years while bitcoin reaching another ath in almost every month.

Thanks. Yeah but as any individual I also have my needs and time comes when you need to make a move. Cannot wait forever you know... of course I plan HODLing but might need to sell a fraction at some point.

[bL4nkcode]

Thanks. Yeah but as any individual I also have my needs and time comes when you need to make a move. Cannot wait forever you know...

Doesn't matter actually if you sell or hold another more years, you're in so much profit now. You can do/buy whatever you want.

I wish I started that early in bitcoin, though I'm not too sure if I could hold it for such long.

[Asuspawer09]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

I mean if that's your take in bitcoin and you really believe in what bitcoin could do in the future nothing is wrong with that and I think it a great move since bitcoin is a great investment after all.

For me, I want to make the higher profit possible so I don't have bitcoin in my portfolio I just go with a higher ETH because I could make more profit in ETH than bitcoin.

Also, tons of potential low cap altcoins investment and most of it as NFT tokens because I think I love playing games and I believe this could be the big thing in the future.

[hatshepsut93]

If it's between going 100% BTC vs putting some money in alts, then putting all eggs in one basket is not a bad idea, because alts rely on BTC, without its bull market they wouldn't have gone anywhere.

If you have amassed substantial wealth, it's really important to diversify, Bitcoin is still a high risk asset, and the bear market will eventually come. I know its tempting to chase more and more gains by hodling, but IMO the most rational thing to do is to take some profit and put it in reliable assets like real estate, so in case something goes horribly wrong, you would still be wealthy instead of broke. Even if this decision would cost you millions in potential gains, if Bitcoin keeps going up with years, it won't matter much.

This is what I'm planning to do in this bull cycle.

[CryptocurencyKing]

<>

Wow! You've being hodling since 2013, thats a lot of time and its great your hodling up till date. About if it is wrong to put your hopes in one basket, I would ask this.

Does all sayings apply to almost all situations?
My answer is; Likely not!

With that being the case, your decision @OP on hodling bitcoin might just be a very good one. For me alone, its no bad idea at all. Especially with the fact that, bitcoin is the mother of all altcoins and the available altcoins out there looks up to it for its growth or decline hence, with it being a pivoted point, your not likely to be wrong on investments in bitcoin aimed at hodling. So long as you don't loose, its a win.

[freedomgo]

It's not recommended but it's up to you, bitcoin is the king of the crypto space, putting all your money on it is okay as it's still dominating the market and whatever happens to the market, bitcoin will always survive. However, in terms of timing when to sell, you can't really put a specific date or whatsoever, you have to understand how the situation goes and always sell when the market is bullish as the current period.

[MrcMrc]

Since you are a long-term holder your decision to go all-in for Bitcoin against other altcoin is a good move because bitcoin is relatively stable in the price for long-term holding to maximize profits.

[Kasabus]

Since you are a long-term holder your decision to go all-in for Bitcoin against other altcoin is a good move because bitcoin is relatively stable in the price for long-term holding to maximize profits.

You are not alone since most of the early investors prefer to hold their bitcoin for long term. Although what you are doing is very risky but believe me, it's a very wise decision. You won't be able to maximize your profits if you always play safe all the time. Sometimes, you also need to take the risk and be prepare for its worst consequence of losing and not just thinking of good returns most of the time.

[Quidat]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Good thing for you because not all would really be having that kind of decision or discipline on oneself when it comes to Hodling and no one can really make out some conclusions that you've done the wrong thing.
Cant imagine on how rich you are now at the moment because considering on the time you had entered on the market and able to accumulate for almost a decade then thats something remarkable
and cant be done by anyone for a long stretch or period of time.So goodluck with hodling and make more profits more in the future.This is something you cant see on day to day basis where
early adopters or holders do really make out some words.

[Norkys.2020]

Although I never advise putting all the eggs in a single basket, but seeing the price of btc now I am more excited too, I have even thought about selling many of my things to buy BTC, but it is difficult, I am fully sure that BTC will rise to $100k.

What do you advise me?

[virtualdn]

Although I never advise putting all the eggs in a single basket, but seeing the price of btc now I am more excited too, I have even thought about selling many of my things to buy BTC, but it is difficult, I am fully sure that BTC will rise to $100k.

What do you advise me?

I personally have no doubts it will reach $100K and beyond. But of course nobody guarantees anything. You have to listen to your guts, I did and this is why I hold so long and plan to hold most of it even more.

[online73]

Hello everybody. I am in some split, - one of my half tells me that Bitcoin over the years has proved to everyone that the rule about storing "all eggs in one basket" can not be applied to it. But the "other half" constantly reminds that thanks to different assets you can earn several times more. But at this stage, personally, I completely left the crypt, as I am waiting for a good correction, I have pending orders to buy BTC, starting from $ 25,000 and below. Time will tell whether I can wait, but if the "train to the moon" leaves without me, I will buy coins from new, promising projects. Good luck everyone.

[akm3535]

It may be a bit risky to have your entire investment in one area. It is always known as a more cautious approach to allocate investments in different areas. however, this may differ depending on what area you are investing in. It is always risky to enter all-in in an area that does not give much confidence. you made all of your investment to bitcoin. This, I think, can be considered logical. bitcoin is a safe investment tool.

[Dread Pirate Roberts]

My plan just keep trading in market and not let my asset  doing the fortune . i took oppurtunity to take profir in short trading or cut loss while i can . i feel great doing that because even im lossing some value asset in usd i still had the same or higher velue in coin.

[Pamadar]

My plan just keep trading in market and not let my asset  doing the fortune . i took oppurtunity to take profir in short trading or cut loss while i can . i feel great doing that because even im lossing some value asset in usd i still had the same or higher velue in coin.

taking every opportunities is good if you really understand how the market runs.

It's dangerous to those who playing without knowledge,day trading type of strategy is also profitable if you know how to rinse properly.
There are many opportunities behind this market, it's always better to always grab your chance to earn both with USD value or growth with your asset holdings.

[rhomelmabini]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

It's your own choice and if you feel like it go on with it but diversifying isn't a bad choice too perhaps you could consider it in the future. The good thing is putting all it in BTC because the smart money moves around there and the dumb money flows on the alternatives, market cap tells more than that and I think there's no harm putting all it in BTC.

[protocon]

I think if you can live without your seed money, then it's not such a bad idea to give it a shot. But you might have to keep a close eye on the price of btc and sell it little by little, not at once.
Anyways that's just my personal opinion. Good luck to you!

[Darker45]

It is great hearing from a real tried and tested HODLer. Congratulations! You've done what the other 99% of Bitcoin owners cannot do.

Anyway, it may be wise to all-in with Bitcoin but that's only insofar as cryptocurrency is concerned. In the larger scheme of things, it is probably much wiser to have diversified investments. Buying a piece of land somewhere where you can build a sort of a rest house, for example, is one way to protect your worth and enjoy what you've earned. Or perhaps a business which involves your favorite hobby.

[Shasha80]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

It's your own choice and if you feel like it go on with it but diversifying isn't a bad choice too perhaps you could consider it in the future. The good thing is putting all it in BTC because the smart money moves around there and the dumb money flows on the alternatives, market cap tells more than that and I think there's no harm putting all it in BTC.

I agree that everyone has their own right to do what, if indeed the opening post feels that all in Bitcoin is more profitable, why not do it. Besides,
I agree that there are no disadvantages with investing entirely in Bitcoin. But it is better to diversify, in order to reduce risk in investment.
Because I still believe that we shouldn't keep all our eggs in one basket, if we really want to be successful in the investment world. But I also can't
force people to agree with me. In the end, we will take the risk ourselves. So think carefully before making a decision.

[Iceblast]

since 2013 until now? I think you have had a large amount of BTC to date. It looks like you need to sell a little bit of your bitcoins and go on a tour because I'm sure your bitcoin has made a huge profit

[cabron]

Yoho 2013, I wasn't here yet lol Hodling since 2013, thats what we call Diamond hands!

You know there are many of us who will tell you not to put all your eggs in one basket.   But maybe what they mean by this, if you go all into BTC, is that don't put all your BTC in one wallet. BTC is going to cross that $64k again I hope this time will break that resistance.

[CryptopreneurBrainboss]

When it comes to the cryptocurency industry, the game changes. Instead of diversifying into other altcoins, you're better off investing in just Bitcoin. Other projects are bond to fail, they aren't as decentralized as you might think and all have public figures that can easily manipulate the market due to them been founders or having media presence as a big supporter/investor in the project.

When it comes to investing in cryptocurency, you should put all your egg in one basket which I s bitcoin and hold until that basket for as long as you can. The profits that comes from holding is far more superior to any other form of investing.

It also need less work to accomplish this, with trading you have to constantly monitor the market but that's not the case with holding, basically you invest and do nothing.

[Kong Hey Pakboy]

since 2013 until now? I think you have had a large amount of BTC to date. It looks like you need to sell a little bit of your bitcoins and go on a tour because I'm sure your bitcoin has made a huge profit

Exactly, if I have that kind of possible amount of bitcoin, I would probably be selling some portion of it so I can enjoy the fruits and labors of my hodling for a long time, 8 years is a pretty long time and I think that OP should be selling some bitcoin but that's just might be me.

[pooya87]

I never sold a satoshi. It's hard to do it but I got used to HODLing. Also I don't trust any altcoin too much to be honest. HODLing is fun: no headaches!

You sound like someone who believes in fiat not bitcoin, you just own bitcoin because you wish to become fiat-rich otherwise instead of HODLing to dump for fiat at some point you would have used bitcoin as it was meant to be used which is as a currency

[Reatim]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

what? since 2013 ? you did not take the chance back in 2017?

i really salute those who survive the lust of selling when the 20,000 value happens.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

nah , Bitcoin investing never become risky that putting all eggs in altcoins , because at least in Bitcoin we can have a tough chance of recovering as what this shows us for years.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

I am in Holding also but I only care for 75,000$ mate whenever this happens I am more than to wait and sell.

[CryptoYar]

HOLDing Bitcoin will definitely be beneficial for you. Yes, that's right putting all your eggs in one basket is not a good decision. But when it comes to Bitcoin, I can say that there is no such thing.

I think you have had a large amount of BTC

yes we can assume that because the price of bitcoin was very low in 2013 from $196 to $740

[acener]

Everyone have there own investment plan and I agree that putting it all in one basket isn't a good one,
But it might be better than forcing yourself to invest in other that you don't really trust.
If you think that you would earn more by doing it then you should pursue it, It is your money you control it so good luck.

[Kakmakr]

I am not a huge supporter of a "All In" strategy, when it comes to your financial portfolio. Everyone should consider having a mix bag portfolio, with some exposure to Low / medium and high investment options.

Most of your investments should be distributed between medium/high risk, when you are still young and when you are older, your investments should be divided into a strategy like this ==> (50% low / 30% medium / 20% High risk)

Bitcoin and Crypto currencies are high risk investments and nobody should go "All-in" ...no matter what age group you fall in. 

[maxreish]

Good choice OP, you see litecoin has been doing well recently now near $400. But I never put all my eggs in one basket. Not only I hold litecoin  but also other coins.

Well, on the other hand you can decide it on your own. As I can see, it is still a good decision that you bought litecoin before. Looking at how it may be a profitable altcoin now, there nothing to worry about if you put it all in in litecoin. Because we all have our own trading investment goal and plan.

[SaShiRaJaVu]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.
I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.
I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

Since you are holding the coins when the price of Bitcoin was really low there is no risk and you have the freedom to hold as much long as you want. I did book my profit for the coins i was holding and considering how we usually see a major correction after every major rally i do believe that i will get the opportunity to enter the market again and good to see that you had the ultimate patience to hold the coins for this long without booking any profit.

[Poker Player]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

There is a lack of information in what you say. All in Bitcoin means you have absolutely nothing else. You don't have a paid off house or at least some equity in your mortgage? No cash? Another thing is that you are all in in terms of investments, and you have a half paid house with good equity, for example.

It's risky, but the risk carries a potentially higher return if you do well. In my case I am more diversified.

[Leviathan.007]

Actually, that's not the best plan and people usually advice to don't put all the eggs in one basket. No matter how sure you are about your investments and your plan, there is always a risk of losing your money. If this happen you would lose everything. I believe in bitcoin myself and according to what we see in the history of the market, bitcoin can be used to keep your safe from the inflection rate. But, still there is a risk of losing your money, specially when we are talking about cryptocurrencies.

[AniviaBtc]

Many investors said that "don't put all your eggs in one basket.", and for me, I think that this is true.

There's a lot of opportunity in the crypto market and I know that it is your own strategy to put it all in bitcoin, so good luck!

Hoping that you can make your decision more profitable than other options so that you don't have any regrets in the future.

[davis196]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

If you can afford to lose your investment and you are OK with the risk,then there's nothing wrong with having all your capital invested in BTC.I don't think that altcoins are a real hedge against a possible BTC price drop,because their price is following the price of Bitcoin,so having BTC+many altcoins in your portfolio isn't real diversification.
I'm not so sure that the Bitcoin price will boost like crazy around November.Nobody knows when the new bull run will happen.It might be sooner than November,or it might happen in 2022.

[bakasabo]

Going all-in in a single asset is always a risky strategy. What led you to such decision? You risk not only becoming a life-time holder, but you could also miss other opportunities to earn. Just look how Ethereum price grows up every day. Daily price increase in % of Ethereum is higher than Bitcoin. Going all-in you are missing opportunities to earn on a short term. I would suggest to diversify risks. Go with most of your bank into Bitcoin, but keep 10-20% for a short earning opportunity/quick decisions.

[virtualdn]

Going all-in in a single asset is always a risky strategy. What led you to such decision? You risk not only becoming a life-time holder, but you could also miss other opportunities to earn. Just look how Ethereum price grows up every day. Daily price increase in % of Ethereum is higher than Bitcoin. Going all-in you are missing opportunities to earn on a short term. I would suggest to diversify risks. Go with most of your bank into Bitcoin, but keep 10-20% for a short earning opportunity/quick decisions.

Yeah probably Ethereum can grow 3x times from now but I'm sure BTC will grow 3x times as well in the near future, so no need for extra headaches.

While it can be easy to triple the BTC amount by investing in alts it's also a risky business and you can lose what you got so far, so I prefer no extra worries.

[rhomelmabini]

I agree that everyone has their own right to do what, if indeed the opening post feels that all in Bitcoin is more profitable, why not do it.
Besides,
I agree that there are no disadvantages with investing entirely in Bitcoin. But it is better to diversify, in order to reduce risk in investment.
Because I still believe that we shouldn't keep all our eggs in one basket, if we really want to be successful in the investment world. But I also
can't
force people to agree with me. In the end, we will take the risk ourselves. So think carefully before making a decision.

Everyone has their own right judgment of what they gonna do on their own investments and yeah it's all taking the risks involve, AFAIK there are other more hodler out there that doesn't diversifying their investments and just hold BTC. I just suggest to OP that he should find a financial advisor if he/she is still undecided or just  made this decision unexpectedly.

[bakasabo]

Going all-in in a single asset is always a risky strategy. What led you to such decision? You risk not only becoming a life-time holder, but you could also miss other opportunities to earn. Just look how Ethereum price grows up every day. Daily price increase in % of Ethereum is higher than Bitcoin. Going all-in you are missing opportunities to earn on a short term. I would suggest to diversify risks. Go with most of your bank into Bitcoin, but keep 10-20% for a short earning opportunity/quick decisions.

Yeah probably Ethereum can grow 3x times from now but I'm sure BTC will grow 3x times as well in the near future, so no need for extra headaches.

While it can be easy to triple the BTC amount by investing in alts it's also a risky business and you can lose what you got so far, so I prefer no extra worries.

BTC makes x3 in the nearest  future? From ~$60k to ~$180k ? I envy your trust in Bitcoin It makes hard or to believe in such a grow. If this really happens soon, this easy and huge amount of money would impact on the world economy greatly.

But why dont you put on a scale "earn now with Ethereum" and "earn in the near future with Bitcoin" ? Before you answer, I suppose your current financial position suits you perfectly, because you can allow yourself to invest and just wait till your dream comes true.

[Chato1977]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Salute For you OP , how come that you managed to Keep holding up to now? because the prices of Bitcoin in the past is really tempting and lustful to sell out.

as far as i know bitcoin is still a very well performing crypto, holding it alone isnt a bad thing. you can take profit anytime you like and also buy dip when it goes down. confidence in what you invest into is very important which is why you are all in on bitcoin alone.

Bitcoin Holding will never be a bad thing because this is the most trusted coin and futuristic up to now.

[Sanugarid]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

I'm curious and I want to know how did you manage to hold for such a long time? Like Holding your BTC since 2013 is really admirable despite all the temptation to sell your BTC on a 300x profit still you manage to hold up until now. It doesn't really matter if you decide to sell all of your BTC for profit, you gain more than enough profit in comparison with the BTC price before.

[masphie]

Ok, let say i have 1 bitcoin.
I will hold until high price in this year. But still analyze it and pay attention to the issues out there.
After the highest price is reached, i am sure will sell all in my assets.

[freedomgo]

Ok, let say i have 1 bitcoin.
I will hold until high price in this year. But still analyze it and pay attention to the issues out there.
After the highest price is reached, i am sure will sell all in my assets.

You will never know what is the highest price if you don't have a target. Actually, it's nice to invest but always find the best timing, and IMO, a bull run is not the best timing to invest, if you look at the history of bitcoin, you'll see that big correction happens after a bull run, so maybe it's best to wait that period.

[arwin100]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Hope your not a weak hand person since BTC dominance is so low this days and expect that we can possibly see bitcoin slowly grow as the peoples interest are now shared on alts, but if you can able to hold for more yeard maybe in next 4 years well you might see a better result than holding it for short term period.

[virtualdn]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

I'm curious and I want to know how did you manage to hold for such a long time? Like Holding your BTC since 2013 is really admirable despite all the temptation to sell your BTC on a 300x profit still you manage to hold up until now. It doesn't really matter if you decide to sell all of your BTC for profit, you gain more than enough profit in comparison with the BTC price before.

I don't know I just did. I thought $20,000 per coin is still nothing for BTC and also the current price doesn't show its true potential. This coin should stay in the $xxx,xxx range where it belongs.

[peter0425]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

If you can handle the risk then why not, We have been in the same situation for long years now, yet some still do not believe in Bitcoin capacity , when the price climbs up to 20k many praises the coin but when the price fell down 4k in 2020 so many had attack and discriminate bitcoin investing . and now that it climbs up to more than 60k yet resisting to believe.. i don't know how to label people inside.

[aysg76]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

You might be at high profit position if you are holding bitcoins from 2013 because it was trading at $50-$100 at that time and now during this pandemic it has grown to $64k which is almost 640x rise in just 7 years of time span.You are holding from long and of you have decided to put all your eggs in one basket then surely it is not a bad idea because you are holding btc in your basket not some shitty altcoins.Have the same patience level and you will surely get huge returns within this year only and if you can hold for more 5-6 years then it is undoubtedly best option.The winklevoss twins also invested in their compensation from Mark Zuckerberg into Bitcoin and now they are billionaires.So have faith and patience you will get your return in btc.

[cheezcarls]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Although that I’ve respected your decision in going all-in on BTC, I wouldn’t do that if I were you. Diversification is still very important in this crazy and high volatile market. My sister even asked me months ago if it’s good to go all-in with Bitcoin rather than relying on her savings in the bank, I just said that it’s not a good idea. It’s better to divide them with other altcoins with great fundamentals.

Because if you go all-in, and the market goes down, your emotions are gonna be hard to control. However, if you diversify, at least your disappointment level would be less.

[virtualdn]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Although that I’ve respected your decision in going all-in on BTC, I wouldn’t do that if I were you. Diversification is still very important in this crazy and high volatile market. My sister even asked me months ago if it’s good to go all-in with Bitcoin rather than relying on her savings in the bank, I just said that it’s not a good idea. It’s better to divide them with other altcoins with great fundamentals.

Because if you go all-in, and the market goes down, your emotions are gonna be hard to control. However, if you diversify, at least your disappointment level would be less.

I have no problem with that. I saw BTC falling from $20K to $3K and haven't sold a bit so my emotions are not hard at all. I know it's all part of the ride and I just enjoy it, I think long term. To the Moon!

[Vishnu.Reang]

Same here. There was a time when almost 50% of my portfolio was made up of altcoins and tokens. But right now, it is 95% made of Bitcoin. I made the decision in 2018, when the altcoin bubble burst. I realized that without any real life usage, raw hype alone can't guarantee the higher price for altcoins. Look at alts such as Dogecoin and Ripple. They have managed to achieve valuations of $50 billion or $100 billion, without any real life usage. I am against investing in such coins.

[avikz]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

That's a very risky proposition. I know bitcoin has shown extreme upside since last few years, but there arr coins which have outperformed bitcoin as well in terms of growth. However, having no diversity in investment can bring bad fortune in tough times.

So I will always advice to have some real world investment besides bitcoin. Gold and equity are great choices for investment and always have them in your bucket. At least gold will support your capital investment in tough time.

[fileo]

For me putting all eggs in one basket is so risky. However, if that is Bitcoin, I don't think it is so risky than some vast of Altcoins. The only risky now is the price fluctuations. However, is the price in November will become crazy. Then holding Bitcoin is a Wise decision.

[Ozero]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Yes, in any case, keeping money in one cryptocurrency is very risky. Sometimes the risk is justified, as in your case, sometimes it is not. So far, however, bitcoin has met our hopes. But I would not advise taking risks in this way and further. Cryptocurrencies are changing very quickly. We cannot guarantee that bitcoin will continue to rise in value for a long time to come. Still, it will be better to distribute funds in the future to several potential cryptocurrencies.

[pixie85]

All eggs in one basket is not the best plan in my humble opinion. For example, bitcoin falls by several percentage points when I write this post, and etherium turnover shows an increase of 0.5% If you have coins from at least the TOP-5 in any shares, it will insure you against the fall of any individual of them. Whereas if you only have one thing - the risk will increase, although the potential profit will also. The question is, do you need this risk or not?

All eggs in one basket is a saying people use to describe investment in 1 area.
Both altcoins and bitcoin are in the same area which is cryptocurrency.
I wish people would stop using this term to lure bitcoin owners into buying altcoins.

IMO you did the right thing OP. You should never invest all your money in 1 thing like spending everything to buy bitcoin. Better buy some stocks, commodities, real estate and bitcoin.
That said, if you have some money in bitcoin don't break it into some altcoins because they could go up more than Bitcoin like Dogecoin did. By doing it you're betting on a random event. It's more gambling than investing.

[ethereumhunter]

My plan this year still to diversify and take as much profit as I can. As I see this year, many altcoins can rise together, although the time to increase will not be the same. While diversifying in the altcoin, I still try to save bitcoin from trading and hold it for more so I can sell it for the next ATH, which I think can happen this year. I do not put it on one basket because this year, we have many opportunities to profit from many altcoins so if we can have many potential altcoins, that can help us get a big profit.

[Henrobakkara]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

I dont have much BTC but I wish I did and Investing all in Bitcoin for me is not a problem. The only reason I didnt invest everything on Bitcoin is because the bag is small it would be more nicer to also put more of the funds on Alts and rack but the time for all in Bitcoin will come. 

[isaac_clarke22]

~

It is Bitcoin. I would say it is riskier to put your coins in other coins if you're already more into Bitcoin.
Did that in 2017 and I diversify my BTC in different altcoins. The year when almost ICOs starts to disappear. Seems like a bad move for me, hope that other won't experience the same as mine.

[irsykes]

Only have small amount of BTC, only around 0.002x BTC but that is what have for now. I think i will hold BTC no matter what happen. Maybe people will say, "you only have small amount, so not worry about bitcoin price dump". Nut 0.002x BTC is money too and it is really worth for me to hold it that is why i holding it for now.

[bosede1]

You are asking for our plan, on what exactly? Holding bitcoin and some altcoin will not be considered a stupid move or take and also all into bitcoin will not be considered risky too It all depends on whatsoever you believe will yield more profit at the long run

[Gheka]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Yes, in any case, keeping money in one cryptocurrency is very risky. Sometimes the risk is justified, as in your case, sometimes it is not. So far, however, bitcoin has met our hopes. But I would not advise taking risks in this way and further. Cryptocurrencies are changing very quickly. We cannot guarantee that bitcoin will continue to rise in value for a long time to come. Still, it will be better to distribute funds in the future to several potential cryptocurrencies.

With the speed in crypto, even if bitcoin is great and makes unforgettable impressions for all of us, putting it all into it is still a story of courage and risk, especially since the price of bitcoin is already a new historical page, our next investment will be more frightening, we are afraid to give up this opportunity but sometimes we don't know it as a death trap. Many different options will break such traps, worst case scenario, we still only lose relative, good situation, chance is still in our hands a little, it will not have stories of misses

[Republikcoin.com]

You are asking for our plan, on what exactly? Holding bitcoin and some altcoin will not be considered a stupid move or take and also all into bitcoin will not be considered risky too It all depends on whatsoever you believe will yield more profit at the long run

he is proud of his achievement because Bitcoin is really going crazy right now, even beyond human common sense. He dared to tell this story because he enjoyed the profit, whereas we don't.

Your investment model is indeed profitable, but it will be even more profitable if you own DOGE in the same year and sell it now.

You can make two baskets if you want to have a bigger profit than you are proud of.

[veznata]

you are about the same situation like me. i am also almost all in BTC, about that time or a bit earlier and later also got some btc's and haven't sold at 2021 end ATH. this situation is much better than the reality for some people that bought many bitcoin soon when prices were in the 5-digits. however I plan to sell all my coins this time about end of this year when I believe we will reach this cycle ATH. will buy back in 2-3 years price dip. hope situation is similar to previous cycle patterns. anyway you are not wrong for now but will not have to hold forever. this is not wise move.

[The Cryptovator]

To be honest, it was a good move in my opinion. We know that for a long time putting all eggs in one basket isn't good, but if it's Bitcoin then all good. The reason is once Bitcoin starts dump then all other coins start dumping as well. So, I don't feel any problems holding Bitcoin. Some are suggesting Doge, but it's quite a risky coin. All altcoin depends on Bitcoin movements. If you aren't wondering to trade then just stick with what you decided. If you follow suggestions from the forum, then you will be more confused.

[DOH!]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

My plan is going against you, my Dyor shows that ETH is on a good track to continue to stick higher at the $ 5k anchor. It gained consistency from good weather, news backed couldn't have been more wonderful to shine. BTC correction will probably cause further dumping. ETH can go against the trend as Doge has shown.

I dedicate all my love to ETH right now.

[Anonylz]

Btc is the most strongest and safest investment when it comes to crypto,  I agree it is equally highly volatile but you can't go wrong by going all in on btc, if your goal is long term, I would say don't worry about occasionally dip and focus on the target, as long as your btc is securely stored in a safe place, you can decide to take a break from the market, history have shown that btc always recover and surpassing previous ath even when it dump.

[2double0]

I don't know if I understood correctly, are you in bitcoins since 2013 or bought with all your money this year? However it is not a good decision to stay in one crypto only when there are many newcomers which are highly profitable. For example, safemars, safemoon, shiba inu, akita inu and various other coins are the ones that gave very good profits compared to what btc gave (I am speaking about this year only).

[Swordsoffreedom]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.
I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.
I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.
What's your plan?

There is a common saying that "Don't put all of the eggs in one bucket". But this does not apply at all to Bitcoin, it applies to Altcoin. The real Bitcoin Hodlers have never suffered a loss, Only those who have done panic selling have suffered losses. I have started my long position when the price of Bitcoin was below 10K and I will short when it will reach to 100K target.

[Adreman23]

However it is not a good decision to stay in one crypto only when there are many newcomers which are highly profitable. For example, safemars, safemoon, shiba inu, akita inu and various other coins are the ones that gave very good profits compared to what btc gave (I am speaking about this year only).

Yes the altcoins you mentioned have given huge profits. But who knows that these altcoins will moon? There are even more altcoins, especially  new altcoins that the price dropped and many got rekt. Investing in altcoins especially new ones is high risk but high reward if you are lucky if not you will end up in huge losses.

[TangentC]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Your money your choice.

Risk is always the investors prerogative.  

Good Luck to you.

Does this mean you finally sold what Doges you had left, so you are done whining about Dogecoin.  

[Issa56]

From the little experience am having I believe the Bitcoin you are holding is not really a bad idea one of the best coin I will always advice people to buy is bitcoin because bitcoin controls all other coins if bitcoin is pumping other altcoins will also pump and if bitcoin is dumping other altcoins will also dump but I believe even if you are leaving higher percentage of your investment in bitcoin I believe you don't have to put all your egg in one basket meaning you don't have to invest in only bitcoin you can definitely invest in other altcoins too there are lot's of coins which you can buy. I believe you should do more research and sell some bitcoin and enter some altcoins.

[Iranus]

Then your investment is safe, Majority of the altcoins are fake and has low economic support, people are rumoring since the creation of bitcoin that one day altcoin will surpass the Bitcoin, But It will never happened, most of them are emotional or hatter cause they don't have any Bitcoin to their holding, they do not try to understand that the Bitcoin marketcap is the power of the whole crypto market that's why altcoin start falling faster if Bitcoin start making falling wedge. I think holding Bitcoin is perfect decision and it will make you happy in future.

[Yatsan]

Putting your biggest part of investment into Bitcoin is a wise choice and of course it is a good one for we do know its potential and capability to further grow as time passes by. It is just that you must not just put all of your money into one basket. There are still other worthy cryptocurrency out there and it is just up to you to choose and explore. It will also be a good thing to diversify your investment into some sort of coins that will be worth the spend. You just have to be wise on picking to get the worthy ones.

[Nanda Dewi277]

Is this a risky move?

Every decision in crypto will always require a risk at least. And how high the risks will depend on the decision itself. Fortunately, you put your money in BTC in which is likely the most valuable crypto at all.
I persoanlly a fan of Bitcoin, but telling the truth, not putting all into Bitcoin, still having some altcoins (mostly top coins)in order to take profit in short term.
If you are willing to still hold, I personally will take some profits in several stages or at least before thebullish time will sell mroe than 50% of the assets. And then take or buy again in the next bearish market to hold for long term period.

[Twentyonepaylots]

As profitable bitcoin may seem to most of us, it's still not good to invest all of your money into it, as it would be best if you could diversify your money to different assets on the market. Bitcoin is still susceptible to losses and huge dips, it would be best if you could invest some of your money in something else, preferably crypto, as long as you don't go balls-deep in bitcoin.

[ice098]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Wow all in BTC and haven't sold a bit since 2013 so i must assume that you are already gained or earned a profit from your 2013 investments if ever you were going to sold it today.

But to be honest, in my own opinion and perception I guess putting all eggs in one basket somehow wasn't that practical though the risks was always on the picture of investment but I guess considering of investing to other top altcoins was good too but of course it is your money and your rules.

[imstillthebest]

continue on your plan because your more safer in bitcoin than forcing yourself to invest in others and pick a bad coin because your not in a mood   .
it is risky but is there a safe investment ? all in or diversify,  the risk is there  .
you have ltc but ltc's value have also improved like btc and it can improve more in the future . dont under estimate every coin you have and make sure that you have access to the walet or the site where you store them .

[bitterguy28]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

great Decision mate but mind telling us How long will you plan keeping this holding?

- 0-1 Year

- 1-5 years

-5-10 years

This is important Idea for others as some of us are looking for this advise and wanting to be with the same Boat with others.

[sapnu]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Considering the long while you were able to hold your bitcoin, it surely has a huge value right now. It is not really a good idea to put all your eggs in one basket because nowadays, there are a lot of altcoins that are emerging so diversification is the best way to make your profit grow more. If you are too confident with your investment in bitcoin and since the success of bitcoin is truly sensational, we cannot criticize what you are doing so it would be best to stick to that if you have much earning. Just don't be afraid to try your luck on other coins, maybe you can diversify some of you earnings from bitcoin.

[Emmychris]

Actually putting all your eggs in one basket is not good, but considering your actions and reasons, I would say your wise. Bitcoin is the father of all cryptocurrencies if it falls  a bit altcoins falls deeply, so I think investing all you got on bitcoin is safer than splitting your funds! Reason being that bitcoin is a very strong potential coin and doesn't fluctuate like most altcoins, the only thing you will be missing out is the Roi percentage your supposed to be benefiting from altcoins, because if bitcoin rises by 10%, some altcoins will rise by 100%. So you benefit more while investing on altcoins.

[liao chandra]

I don't want to just buy bitcoins. I think buying a few coins would be better, less risky and higher potential profit. Like now the price of bitcoin is sideway, but many altcoin are uptrend. That's why it is important for us to do a diversification.

[lienfaye]

Its a bit risky to put all your eggs in one basket because if something went wrong then you dont have any other investment to count on. However we are talking about bitcoin so I think its not really a bad idea, bitcoin is the top crypto and profitable to hold especially for long period. But its better if you consider to take profit, whats the point of holding if you wont take profit (even 30%) to enjoy your earnings?

Anyway I wonder how much bitcoin you currently have since you said you're holding since 2013.

[bakasabo]

But I wonder how long virtualdn is planning to hold his Bitcoins. He has mentioned that he would sell only a small part in November, if things would go well. I wonder what is the price level, when virtualdn would say that it is enough to hold and it is time to spend and have joy.

Interesting notice - in current topic people popular thought is to say that going all-in in Bitcoin is dangerous, while in other topics people advice that the best investment is a Bitcoin.

[bayudndy]

I think OP is having a somewhat unintelligent strategy at the moment, because if you have a lot of evil up until now, you should also consider protecting the achievement and waiting. Next opportunity from this market. My goal is to sell off all the BTC I bought before when it reaches $70000, and wait for another opportunity to buy it back.

[Vishnu.Reang]

At this point the best strategy is to keep invested in Bitcoin. If you disagree, then tell me the name of a single altcoin which is not overpriced right now. We have shitcoins such as Doge and Ripple approaching the $100 billion market cap. Now let's not forget what happened after the alts got inflated to such levels in 2017. Many of them lost as much as 99% of their value in 2018. I am not going to say that it is going to repeat for sure, but those who are investing in these coins need to be cautious.

[agustina2]

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

If you think you are comfortable with that strategy, the floor is always yours to decide on, and don't mind others.

Holding for a long time now, you should already know what you are doing including all the risks that you will face.

Trust your own decision. You won't do it if you aren't sure in the first place.

[bounceback]

Putting eggs in one basket is the most risky thing because when the basket falls, of course all the eggs will be destroyed.
Holding bitcoin for 9 years in my opinion is a very good strategy, but few people can do it because we have to have a lot of patience and a strong mentality.

[hitsnorth]

Well, i have not much but i'm hodling 50% in BTC, 30% in ETH and other in few altcoins. I'm not so brave to hold all my invests in BTC.

[Alucard1]

You mean you already have bitcoin since 2013 and never sold any of it until now? Seriously? You are really a strong hand, you did a great thing in your life as you don't even tried to sell some of your bitcoin if this is only true, I would sell maybe 50% of my bitcoin to buy a house and lot, car, and start a new big business. You are already holding a huge amount of money, I wonder what is your plan by still holding all of it and not even sell some of it.

[capitan_rocotan]

I'm hodling.

[Alert31]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Well, let's wait what will happen in the future. If bitcoins dump too much then I think you will regret putting all your eggs in one basket but if bitcoin continue to surge high and reach your target value, then you are lucky. You also know that investing all your capital in just one asset or coin is not a good idea and very risky but you still did it, you're so brave and risky person.
If I were you, I will divide all my capital in different altcoins and half of it will be in bitcoin. Well, that's your strategy and I hope you will get what you want in investing all in bitcoin.

[Woodie]

Just for your information, when it comes to crypto investments, you need to know that despite bitcoin being at the top it's not always the best choice to go for. Of late if we pick a few random coins,okay not so random say compare bnb,eth and bitcoin, you will find that bitcoin wasn't the best best among these coins but if you still want bitcoin atleast spread your risk to avoid losing everything at once.

[finaleshot2016]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

IMO, the one and major coin you should invest is bitcoin, most of the altcoins were affected by the BTC market. It's your strategy, and I'm guessing you've thought it through thoroughly before throwing everything in. Also, because you've been investing since 2013, you're one of those investors who got in on the ground floor, so it's not a problem if you put all your eggs in one basket, particularly if they're golden eggs.

It's BTC, many huge investors will gonna put more money on it, just wait and HODL.

[mamiko]

If you really want to invest in a guarantee, it might make sense to have all of your money in bitcoin. but if it were me, I would not invest in a single coin. Although I think bitcoin will be valued much more in the long term, I would keep some of my money in altcoins and try to double my money in the short or medium term. but everyone's investment is different. best wishes. plenty of earnings.

[pixie85]

Well, i have not much but i'm hodling 50% in BTC, 30% in ETH and other in few altcoins. I'm not so brave to hold all my invests in BTC.

I hope you will realize in time that if you're afraid of a sudden crash and bitcoin does crash, your altcoins will crash with it.

If you hold bitcoin, buying altcoins with some of your BTC will not save you from a bitcoin crash. It's the other way round, it will increase your risk because altcoins always drop more than bitcoin in a bear market.
It always baffles me why people don't know about this before they start to diversify their portfolios.

[gribalenfeksiyon]

I have learned that in this market, never to make a single investment. They have always told me that it is risky to put our money in one area. I have always respected the opinions of experienced people from me and sometimes I did not apply it and learned by experiencing the harm it has done to me. it cost me dearly. but I hope it won't do you any harm. Making a single basket will be risky, but you might be lucky as bitcoin is a safe domain.

[Kabul]

That is a wise decision. You do not have to do anything else while holding bitcoin because it is the strongest cryptocurrdncy in the town. I hope i was able to realize how valuable bitcoin would be so that I would amass and hold it for years

[samsul1234]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

hello sir, yes what you are talking about right now is the same as me, so do I. Sir, I am still hoarding my BTC from 2017, it is a bit risky but what can I do, I agree with you, for now I am not interested in any investment, if you are going to sell a small piece in november, if i probably won't sell it i will hoard it little by little to plan for the future

[johnwest]

It depends on your strategy and risk factor. If you are hungry to increase your portfolio then you have to take risks. It doesn't matter how much, you can start with just 5%, research on coins, and buy in small quantities. It is definitely riskier than how people think but it is necessary to increase your portfolio. If you don't want to take any risk then holding will be the best way for you. I have more than 70% of my portfolio in alts and 30% in BTC ETH and BNB.

[LogitechMouse]

I know that putting all your eggs in one basket seems a little bit risky but when it comes to Bitcoin, I don't think that it is that risky compare to other altcoins and shitcoins out there.

The only risk that I'm seeing in Bitcoin is the volatility which is we already know and I knew that we have created a strategy against it already. OP also said that he might sell a small percentage of his holdings by November and I'm planning it already or I might do it earlier (by around August - September).

As for me, I will sell a portion of all of my holdings and convert it into cash so that I have some buying power when the bear market comes. I will also keep a portion of all of my holdings for long term (currently holding BTC, ETH and BNB).

[sumant]

Putting all eggs in one basket can be good or bad in both ways. It can be risky on other hand can be great profit. There will be some profit if you put coin like btc in one basket because btc has been limited supply with great marketcap so it will be profitable.

[bayudndy]

I think OP is having a somewhat unintelligent strategy at the moment, because if you have a lot of evil up until now, you should also consider protecting the achievement and waiting. Next opportunity from this market. My goal is to sell off all the BTC I bought before when it reaches $70000, and wait for another opportunity to buy it back.

OP have different point of view might possible that he's seeing potential from this coin and he's willing to go all in and take all the
risk and face whatever consequence is waiting for hs investment.

There are many different ways of investing and like what you are doing, believing into something that you are anticipating is good
sign that you are planning ahead and waiting to achieve your goals.

Agree with you, it also depends on each person's position in this field. 
Given my current position, I would prioritize safety over taking a risky decision.

[Lorence.xD]

Putting all eggs in one basket can be good or bad in both ways. It can be risky on other hand can be great profit. There will be some profit if you put coin like btc in one basket because btc has been limited supply with great marketcap so it will be profitable.

If you are so sure about the basket though then it will be good for you, I mean OP did put all the money on bitcoin and bitcoin can grow really easy in terms of prices. It is risky if you have no knowledge or the investment isn't sure to bear big profits in the long-term.

[grabpopcorn536]

Bitcoin is always a good investment option. We can see that Bitcoin's value has been steadily increasing since the advent of Bitcoin. The altcoins appear and increase in price because of the trend but then they will be withdrawn and poured into Bitcoin again.

[ccnets]

I am very impressed by holding it since 2013

[Chato1977]

I am very impressed by holding it since 2013

You can do it also mate, start Buying and holding now then after 8 years when Bitcoin becomes Million dollar value.
You wont be impressed for him but you will be impressed for your self.

[ILuckyGuyI]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

You could have bought some ETH also. Because it continue to increase at a really high rate. And it doesn't seem like it will stop anytime soon. I guess we will see $5k at least. However, buying Bitcoin and HODLing it is always one of the best options too.

[online73]

Hello everyone, I want to add to the above, even if it sounds like the opinion of a new user of the cryptocurrency market - all the years that I spent trading cryptocurrencies, I would easily exchange for years of owning only one coin, bitcoins. ... I may have analyzed the coins poorly, but having bought bitcoin in the spring of 2017, I would have earned more than investing in different coins, of course, you can argue here, but I personally share my experience. I was out of luck, I bought coins that did not give thousands of xx. And again, from my own experience, keeping "all eggs" in one Bitcoin basket doesn't seem like such a bad idea to me right now.

[giantrobot]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

That was the right decision. Be patient when you hoard Bitcoin for up to 8 years. Now you can sell to get a good return on your capital. Bitcoin is on the rise and I think that is the ideal price so you can sell a little or hold it all. Because things can change and I'm not always lucky.

[FanEagle]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Wait for real? You have been holding BTC since 2013? Well, then, that's a really good basket you have there. For real, I have not seen anyone that has been holding Bitcoin since that long till now. If you have been holding Bitcoin since then, then you have nothing to worry about, it's a really good investment you have there already. If I can remember, the highest price of bitcoin in 2013 was $1200, so it's likely that you bought those coins between the price of $200 and $1000 or a little above that.

And holding it till now means you have gotten a really huge profit from it, and whether the market should fluctuate badly at this time wouldn't bother you any longer since there's never going to be a time the price will drop as low as that, and I don't think it's going below $20k or $10k again. So it's an all-round win for you if you continue holding only the bitcoins.

[Tahsin Kabir Kollol]

Investing all assets in one cryptocurrency is not a relatively good idea for higher profits. Because not every cryptocurrency grows at the same rate. However, BTC is a safe way to invest, even if you invest all your assets in Bitcoin. But if you want to increase your profits efficiently, you can invest in Bitcoin as well as other reliable cryptocurrencies. In order to invest, you must verify the potential of the selected cryptocurrency because investing in other cryptocurrencies by extracting money from Bitcoin requires sufficient skills.

[xiboothrezi]

---
But if you want to increase your profits efficiently, you can invest in Bitcoin as well as other reliable cryptocurrencies. In order to invest, you must verify the potential of the selected cryptocurrency because investing in other cryptocurrencies by extracting money from Bitcoin requires sufficient skills.

basically we have to maximize all opportunities, right? although investing in btc is quite good and safe, there is no harm in trying with altcoins too. Especially when the market is in good shape, there are many opportunities to take advantage of, for example, joining the initial sale, staking or farming, etc. yes but the risk is always there, if not ready then it is better to choose the one you think the risk is the least.

[nurilham]

Investing all assets in one cryptocurrency is not a relatively good idea for higher profits.

Yes, it is better to diversify our assets. This method can maximize the opportunity to get higher profits. It is also to minimize the chance of a huge loss. In a simple word, we can say that diversifying our crypto-assets can lower the risk of our crypto assets. Personally, I will never invest in single crypto only. Even if it is Bitcoin, it won't always give profits every time. So, we need altcoin as another alternative crypto asset.

[nebuch]

Good decision mate. All in your investment in Bitcoin is food for long term purpose maybe until btc hit $100k. We don't know when but for sure it will happen since we know the use case and popularity of this coin are obvious around the world. Once more big sectors will invest and institution will in, Bitcoin might so expensive.

[iTradeChips]

Thanks. Yeah but as any individual I also have my needs and time comes when you need to make a move. Cannot wait forever you know...

Doesn't matter actually if you sell or hold another more years, you're in so much profit now. You can do/buy whatever you want.

I wish I started that early in bitcoin, though I'm not too sure if I could hold it for such long.

Late 2013? How I wish I was able to enter the cryptogame early in those stages. If you have managed to accumulate a good number of Bitcoins during that time, then you are now in the best of times to cash out some and then hold the rest. But then again, it is your money anyway it is up to you. Right now with all the hoopla with Tesla and Bitcoin and price of Bitcoin being down at the moment, then now is a good time to invest in crypto for the meantime and check on the other coins as well.

[mrjoy15]

Investing all assets in one cryptocurrency is not a relatively good idea for higher profits.

Yes, it is better to diversify our assets. This method can maximize the opportunity to get higher profits. It is also to minimize the chance of a huge loss. In a simple word, we can say that diversifying our crypto-assets can lower the risk of our crypto assets. Personally, I will never invest in single crypto only. Even if it is Bitcoin, it won't always give profits every time. So, we need altcoin as another alternative crypto asset.

Everyone should do that too. I'm actually very curious about the people who put all their investment on a single item. I'm pretty sure we are here to make money not to show our one side love. It's simple diversify our investment in order to get best possible return. Our portfolio may ups and down but never be harmful when one market is down.

[iTradeChips]

Here is my opinion in this take. If you have invested in Bitcoins during its infancy then there should never be a problem now since you have the means to cash some and then but it with the things you want. But if you just accumulated bitcoin recently when the price is a bit high, then I am all in for the HODL. Imagine that you are simply one of millions of people who FOMO'd and bought Bitcoins when the price is already at 30,000 dollars and above? The of course the only other way for you to get more than a times two is simply to wait until BTC will go to the $100,000 price territory for you to be able to make a decent profit, especially if your Bitcoin riches can only be counted in a few million satoshis.

[macson]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

my plan is the same as yours, will continue to HODL Bitcoin.  i have a stable job, i do not live from Bitcoin, some of the bonuses that i get from my salary i will allocate to buy Bitcoin as well as the possible results i will get from my signature campaign, i will also convert that to Bitcoin.

i imagine Bitcoin in the next 5 to 10 years will be worth more than it is today.  i was late buying Bitcoin 10 years ago, so i will not waste the opportunity that still exists, before Bitcoin was worth $1M.

[zanezane]

It seems to me that the best option is to invest in several different assets.

Not for @virtualdn, he/she is doubling down on investing only on bitcoin and he/she has a high chance of making a really big profit and I hope that @virtualdn has a job so he/she won't have to worry about using the bitcoin money in an untimely manner.

[virtualdn]

I thought I should bring this into your attention again so you can see what diamonds hands means... not selling even if now the FUD made by Elon Musk is sky high. Haven't sold a satoshi since 2013. HODL!

[Kez1817]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Putting an eggs in one basket is not a good idea, but that is your choice and now that bitcoin price suddenly dropped, you can add more bitcoins on your basket to have more earnings in the future. For me I will invest not only in bitcoin because even I have a high trust in bitcoin, it is still better to have another investment to avoid huge losses in the future. Putting all eggs in one basket is not my way and strategy to earn huge profit in crypto. You should be wise in terms of investing.

[Nunoluck]

I don't like to put all eggs in one basket, although bitcoin is very promising investment. I know some other potential cryptocurrency like ETH that provide token creation service. Now I focus on those cryptocurrencies too, I wait until bearish market make those cryptocurrencies price go down then I will buy a lot of them. My proportion is 50% btc and 50% altcoin.

[Pamadar]

I don't like to put all eggs in one basket, although bitcoin is very promising investment.

Yes it is, and until now more investors are into Bitcoin  than other alternative project inside this market.

I know some other potential cryptocurrency like ETH that provide token creation service.

That service or usages are really attracting those investors who understand the flow of this business, you can put your money into
this project and expect that good benefits awaits your participation.

Now I focus on those cryptocurrencies too, I wait until bearish market make those cryptocurrencies price go down then I will buy a lot of them.

Better strategy than going all in, not unless you know more or there's really good timing to place your entry.

My proportion is 50% btc and 50% altcoin.

I buy that strategy, 50% for Bitcoin and divert the other half to more prospect alts that I'm eyeeing to invest my money.

[iTradeChips]

I thought I should bring this into your attention again so you can see what diamonds hands means... not selling even if now the FUD made by Elon Musk is sky high. Haven't sold a satoshi since 2013. HODL!

So I guesss I am pretty much sure that you are unaffected with the Bitcoin correction that is happening now. Price of Bitcoin decreased but not enough to cause a panic. I guess if the coin went back to its 2018 prices you will not be affected. But of course, with all the talk about the correction and how the price of Bitcoin will skyrocket to 100k dollars within the year, then no doubt, there would remain loyal bitcoiners like you who want to see the coin rise and rise to unimaginable lengths.

[TangentC]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

So since you started this topic on May9th, 2021.
If you owned 1 BTC,

You lost ~$26K .  


IMO, Price is going to $10K, so hodling is just costing you fiat now.

[ChaoChibai]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

I also give a lot of shoot to bitcoin because the price now is in the bottom, right. But I really don't want to put all eggs in one basket, it is too risky for me and I can not handle it. So my plan is investing more to bitcoin and also some of altcoins like ethereum and any others alts in top 50 on coinmarketcap, for me this is the best way to earn profit from cryptocurrency.

[TelolettOm]

All decisions will always require any risks probably, moreover in this crypto world, there will be always any risks in our decision.
But, if we are ready with the risks, it will be okay in our own mindset, but maybe not okay in other people's mindsets.

Well, I am also personally a fan of Bitcoin, the most cryptos that I trust. But, I personally don't put all eggs in one basket. This is too risky for me moreover my assets are not only for a long-term holding but also for daytrade.

[the rise]

For now I just keep everything in fiat, because for now maybe in the next 2 months the market has not stabilized. I don't want to trade unstable it often makes me lose, I don't know when the bear market ends, but I predict it will end in the next two months then enter the coin season.

[Blowon]

You have to be sure of your choice, because bitcoin also still has a bright future, one of the things that makes me sure is that bitcoin has not run out to be mined, therefore bitcoin is still worth investing in in the future which is very potential.

[777Jolami]

Everyone has a plan and relies on their own business principles to operate it proactively.  For me, When the market is going down in an unhealthy way, I will sell most of my altcoins to hold bitcoin, when the situation is better, I will mint some from the BTC for some altcoins back.  With this approach, I got the right amount of profit without even having to stop loss under any conditions.  Not to mention, the market ranges are so widely spread, you have time to better target other altcoins, which I believe is a very reasonable reinvestment method.

[cotton ball]

You have to be sure of your choice, because bitcoin also still has a bright future, one of the things that makes me sure is that bitcoin has not run out to be mined, therefore bitcoin is still worth investing in in the future which is very potential.

true as you say, everyone must believe in all their own choices,, because collecting all that we have one day there is a possibility that we will get more profits, but the risk that you will face is very heavy, you dare to do all that ,I'm sure you are an old player, who has eaten a lot of salt in the world of bitcoin, but for those of us who are new to playing in bitcoin, we still don't have enough bitcoin for us to do that kind of thing, we have to put what little we have into fiat currency ..

[rodskee]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Sorry to bother asking this but Am just Curious , you created this thread last May when the value of Bitcoin climbed Up more than 60,000 Dollars . have not you tempted to Sell ? and at least have opportunity to buy again when the price dumps like what's the value now?
So instead of Holding 1 Bitcoin is now going to be more than 2 bitcoins because of more than 50% discount?
Well it is yours but i'm just curious about how we wanted to handle our investments and how we wanted to earn or maybe at some ways lose .

[aoluain]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Sorry to bother asking this but Am just Curious , you created this thread last May when the value of Bitcoin climbed Up more than 60,000 Dollars . have not you tempted to Sell ? and at least have opportunity to buy again when the price dumps like what's the value now?
So instead of Holding 1 Bitcoin is now going to be more than 2 bitcoins because of more than 50% discount?
Well it is yours but i'm just curious about how we wanted to handle our investments and how we wanted to earn or maybe at some ways lose .

Not everyone is trading Bitcoin on a daily basis, myself included. We are not watching
or are able to read technical charts to have an indication how the market moves. We are
confident in the long term increase which Bitcoin promises.

I'm sure there are plenty of traders who have been able to make the right call and sold high
to buy low. I bought Bitcoin last week thinking it was a good time to buy (which it was)
but I could have held out for today.

The main thing is that I havent lost anything over the last few months, if I had 1BTC in
early April at the ATH and didnt sell I still have 1BTC today.

[romero121]

I don't know whether you sold a little during the month of November or not, but if you haven't sold during the peak days of the ongoing year you've missed a big bumper hit. I've mentioned this, because OP has the plan to sell a small percentage of his holding. Right now the market have reached the peak and has now crawling downwards with periodic bullish move. Considering the present market going all in one is good choice, because the altcoins that depend much on bitcoin could move on either way in no time.

[TangentC]

The main thing is that I havent lost anything over the last few months, if I had 1BTC in
early April at the ATH and didnt sell I still have 1BTC today.

You lost the ability to sell your 1 BTC at ~$60K.

Now if in 5 years BTC does return to ~$60K, and you sell it, you still lost the value it could have given you for 5 years.

So the idea , you lost nothing is wrong, at best you lost time, at worst you lost the money.  
People claiming BTC is guaranteed to keep going up, ask them to put it in writing, and watch them backpedal.


FYI:
People are really going to freak out when BTC drops below $13K in ~7 months.

[v3liana]

Depends on you bruh, if you think you're doing the right thing then you can just do it.

I personally prefer to split my investment, and i'm very impressed if you're really hold your coin since 2013, i can call you Mr Diamond Hand then.

I've been invested on bitcoin since 2017 and untill now i can't hold all of my investment, i keep selling partially when the price rise more than 2 or 3 times.

[virtualdn]

For the latest people questioning, I haven't sold anything during the peak, actually I haven't sold a single satoshi ever.

BTC in the xx,xxx range is pennies and it would be a very dumb move to sell now. I do plan to sell a small amount when BTC will enter the xxx,xxx range, but I'm also very patient about it.

[slaman29]

For the latest people questioning, I haven't sold anything during the peak, actually I haven't sold a single satoshi ever.

BTC in the xx,xxx range is pennies and it would be a very dumb move to sell now. I do plan to sell a small amount when BTC will enter the xxx,xxx range, but I'm also very patient about it.

Well done to you! But I am still selling my BTC whenever I need, which is what I have to do anyway as I don't buy, rather I earn, so it's actually hodling as much as possible and selling what I need but I have to admit, I'm trying to sell as little as possible, and I sold a bit more than I normally did during the peak:)

If you're a holder though I agree, anything now and between the peak isn't much of a difference. xxx,xxx range, we are coming.

[Hendra gunawan]

For the latest people questioning, I haven't sold anything during the peak, actually I haven't sold a single satoshi ever.

BTC in the xx,xxx range is pennies and it would be a very dumb move to sell now. I do plan to sell a small amount when BTC will enter the xxx,xxx range, but I'm also very patient about it.

yeah.  I also believe in bitcoin for the long term, I believe bitcoin will reach the price of 100k.  Because so far Bitcoin has reached its all-time high many times.  The important thing is that we have to be patient and don't panic when there is a correction.

[Shenzou]

I personally feel the same when it comes to investing in crypto, i know that you might be able to make some profit from investing in altcoins but most of them really require you to be always up to date with what is happening otherwise your investment would go down and you won't make any profit from it, bitcoin on the other hand is more safe and investing in it is easy especially if you are planning for a long term investment where you just buy it and just wait.

[Text]

I can't blame you there, maybe because of the amount of altcoins now you don't even know where and where else to invest.  It's better to put everything in BTC than others that aren't even among the top coins.  But what exactly will you decide in the next four months?  Will you continue to sell it regardless of the low value or will you keep holding on until it reaches 6 digits?

[ivankoh]

Most of us choose to diversify our stack.  It is a learned way to manage the risks of the highly volatile nature of the crypto market.  But not every time we do so, we will have the maximum profit.  In certain cases, it can be calculated that, between swapping most for BTC is a lucidity.  when the extent and scope of regional activity for bitcoin is greater.  Market movement is a mix, it's better to diversify.

[peter0425]

I don't know whether you sold a little during the month of November or not, but if you haven't sold during the peak days of the ongoing year you've missed a big bumper hit. I've mentioned this, because OP has the plan to sell a small percentage of his holding. Right now the market have reached the peak and has now crawling downwards with periodic bullish move. Considering the present market going all in one is good choice, because the altcoins that depend much on bitcoin could move on either way in no time.

The thread created just last May 2021 mate and looking at that He already experienced the ATH of bitcoin that's why it is questionable if he did not sell on that day or he continues holding.

I can't blame you there, maybe because of the amount of altcoins now you don't even know where and where else to invest.  It's better to put everything in BTC than others that aren't even among the top coins.  But what exactly will you decide in the next four months?  Will you continue to sell it regardless of the low value or will you keep holding on until it reaches 6 digits?

if you will read the Main thread mate , you will find His trust and support for the Bitcoin and that is His belief and reason why he does that.

[aarif123]

I think you are doing the right thing by putting all of your money in bitcoin because as we all know that altcoins are so risky many projects hacked last month so in that case we should always put money where there is some security of our funds like bitcoin and ethereum.

[molsewid]

For the latest people questioning, I haven't sold anything during the peak, actually I haven't sold a single satoshi ever.

BTC in the xx,xxx range is pennies and it would be a very dumb move to sell now. I do plan to sell a small amount when BTC will enter the xxx,xxx range, but I'm also very patient about it.

You really have a great vision on Bitcoin mate and I think there's nothing wrong with it. In fact this token is a very promising token that may give you a great profit when you really know how to handle it properly. There is also nothing wrong by putting all your eggs in one basket as long as you know the risk. Bitcoin is a promising token that worth to hodl for a long term and for sure you're patience mate will be totally worth it and were very much positive that bitcoin will having a great comeback before the year ends.

[thirdprize]

Of course if you had sold in may you could have brought twice as many bitcoin back at the current price.  Who is so clever now?

[Sirait]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

I really still think putting all my money in Bitcoin is still a risk. I have some BTC as a long-term investment but also prepare fiat savings to take care of emergency things, let's invest with our own risk.

[btc78]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Thats the attitude man , this is what we Need in our time now to Keep supporting Bitcoin while the market is still in hard development .
There are many players now that tries to buy and sell at all cost but they don't even bother to Keep HODLING in which things that we use to do since the beginning but now that market had already make some ups and downs , people are now making this as a money making market and not the community we use to know from the past.

[bandungan]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

wow impressive you've been holding since 2013 and so far haven't sold. I think by now maybe you have become crazy rich. You may need to enjoy your hold by selling a few bitcoins from your profits and going on vacation. but if you have the desire to hold long-term maybe you can make it an option and you don't choose the wrong coin because bitcoin is the best coin

[CryptoStar19]

Typically "all eggs in one basket" may not be a great idea, but considering it is BTC you are talking about (versus any other crypto asset out there) I am confident you are going to be OK --actually far above just OK in time. :-)

[ChiBitCTy]

As someone who works in finance this is pretty hard for me to see.  Your instincts are correct, putting all your eggs in one basket is certainly NOT a good idea.  There is simply no guarantee that bitcoin will end up being a huge success and skyrocket or "moon", so this is why it's imperative to be well diversified.  But, I do commend you for knowing your risks and knowing that you could end up down massively , or , you could end up rich af lol, lets hope it's the latter.   

[Argoo]

No matter how good and promising the cryptocurrency may seem, in any case, you should not invest your investments in only one type of cryptocurrency. This also applies to bitcoin. Even if we are confident in the reliability of bitcoin, we cannot predict the possible further reaction of states in relation to it. There may be other reasons because of which the first cryptocurrency can fall sharply and for a long time in price. Therefore, it is better not to violate the general investment rules that are inherent in any market.

[mckinleeanael07]

you are having a rather risky mindset and the risk is like the lottery so maybe you will become rich, otherwise you may lose everything that is a rule of the game, but who knows That risk will help you later. so I believe in BTC just like you and I hold it just like you the risk that comes with wealth.

[geegaw]

No matter how good and promising the cryptocurrency may seem, in any case, you should not invest your investments in only one type of cryptocurrency. This also applies to bitcoin. Even if we are confident in the reliability of bitcoin, we cannot predict the possible further reaction of states in relation to it. There may be other reasons because of which the first cryptocurrency can fall sharply and for a long time in price. Therefore, it is better not to violate the general investment rules that are inherent in any market.

But with the exception of bitcoin, I don't see any better diversifiable directories than bitcoin, which means that altcoins' returns are incomparable and don't feel more secure than bitcoin, the philosophy of not putting everything in one basket in investing is just about promoting profit potential and reducing risk but when our goal has both such conditions, why don't we accept that someone can put it all in bitcoin. So far, bitcoin is something that always violates a lot of rules to be special

[aoluain]

The main thing is that I havent lost anything over the last few months, if I had 1BTC in
early April at the ATH and didnt sell I still have 1BTC today.

You lost the ability to sell your 1 BTC at ~$60K.

Now if in 5 years BTC does return to ~$60K, and you sell it, you still lost the value it could have given you for 5 years.

So the idea , you lost nothing is wrong, at best you lost time, at worst you lost the money.  
People claiming BTC is guaranteed to keep going up, ask them to put it in writing, and watch them backpedal.


FYI:
People are really going to freak out when BTC drops below $13K in ~7 months.

You are correct on some points, Yes some people will be freaking out (and this is a very big word)
"IF" Bitcoin drops in value below $13.

You are kind of right too in my ability to sell at $60k. I see it as missing a train I didnt want to take.

Not everyone wants to trade and catch the highs and lows, some are happy to buy the dips and
accumulate that way.

I havent lost any Bitcoin with the fall in value, my wallets still continue to grow in Bitcoin volume,
but I did loose the Potential to double my holdings, I'm ok with that, I cannot call the ATH and
sell. I actually admire those who can and more power to them.

[AakZaki]

I buy that strategy, 50% for Bitcoin and divert the other half to more prospect alts that I'm eyeeing to invest my money.

In terms of strategy, some traders have different ways of managing their money. I prefer to play altcoin pairs BTC. I prefer to collect as much BTC as possible. Because I basically believe the current bearish pressure will turn to a bullish wave. If you follow the journey of BTC then it is a repeating cycle. As for the division I do not specify well. But I don't use all to trade. I did this as a step to anticipate the sudden bad market.

[BlackHatCoiner]

People that purchased Doge in 2018 earned a much greater return on investment than if they had put that same amount of fiat into btc in 2018.

 

And people who bought Doge in 2021 lost much more than the ones who put it in BTC. Your point?

[MrcMrc]

The reason I like to diversify my investment into different count is the fact that my investment can earn profits from different sources. During this dip, there is this coin I invested in that did 40× making you tremendous profits.

But Bitcoin has always remained the most stable and less volatile asset in the entire market.

[Slow death]

People that purchased Doge in 2018 earned a much greater return on investment than if they had put that same amount of fiat into btc in 2018.

 

you are comparing an altcoin that increases in price every time doge father does some twitter Vs bitcoin that despite doge father doing some damage is still surviving very well without doge father twitters and will be fine if doge father disappear, now we can't say the same thing about dogecoin that without doge father will not have a big price increase


I think it's always good for a person to buy bitcoin and also invest in things in the real world, for me that's diversifying investment

[Fredomago]

No matter how good and promising the cryptocurrency may seem, in any case, you should not invest your investments in only one type of cryptocurrency. This also applies to bitcoin. Even if we are confident in the reliability of bitcoin, we cannot predict the possible further reaction of states in relation to it. There may be other reasons because of which the first cryptocurrency can fall sharply and for a long time in price. Therefore, it is better not to violate the general investment rules that are inherent in any market.

But with the exception of bitcoin, I don't see any better diversifiable directories than bitcoin, which means that altcoins' returns are incomparable and don't feel more secure than bitcoin, the philosophy of not putting everything in one basket in investing is just about promoting profit potential and reducing risk but when our goal has both such conditions, why don't we accept that someone can put it all in bitcoin. So far, bitcoin is something that always violates a lot of rules to be special

I agree to your statement, there are people who believes that putting everything into one investment that they really trust will bring them the profits that they are aiming.

Though it's too risky but we need to consider that before they conclude and decide there are research and studies that they bring inside the table, and not just decide going all in without any basis.

Go all in and set your target, patiently wait and once things works according to your plan, enjoy all profits! 

[uneng]

It's really not an advisable plan, but I agree with fully investing in bitcoin right now if you aren't a big investor, because the potential returns it can give you and the simplicity of the investment make it much superior to traditional investments which you need to follow a lot of bureaucracy to maintain them operating and your name clean towards the government.
Probably the profit you make with traditional investments won't worth the time and also the money you have to spend keeping everything regulated. However if another investments were simple as bitcoin is, I would prefer to diversify funds among them all.

[nhaila]

Hey mate buy more bitcoin and hodl it for your better safety because Bitcoin would be the number one currency in the world and most of the countries would accept it as legally. Then Bitcoin would go to the moon with price $300000....

[stomachgrowls]

Hey mate buy more bitcoin and hodl it for your better safety because Bitcoin would be the number one currency in the world and most of the countries would accept it as legally. Then Bitcoin would go to the moon with price $300000....

Its not bad to be optimistic but we do have common unrealistic insights;

- 1M per coin or reaching hundreds of thousands (too far to consider)
- Legally accepted (not all government would have the same insight or decisions)
- Replace fiat(never ever to happen)

When it comes to investment then always consider on the risk and not just putting all of your eggs on one basket unless if you are really ready for the risk behind.
It would always be ideal if you do diverse on as much as possible.

[BaeSuzy]

Put all of your investment in one basket i think it's too risky, but at the end thats is your money and you will get what you do. My advice is only invest money you can afford to lose because there's no guarantee the bitcoin price will keep rising. I personally prefer to invest in many altcoins (top 30 in coinmarketcap) and sometimes i looking for good project with small marketcap, i think this is the best strategy for me in investing.

[TangentC]

People that purchased Doge in 2018 earned a much greater return on investment than if they had put that same amount of fiat into btc in 2018.

 

And people who bought Doge in 2021 lost much more than the ones who put it in BTC. Your point?

The point is BTC is not always the best investment for a given time frame, especially now that others have a lot more room to grow.

 

[lienfaye]

Hey mate buy more bitcoin and hodl it for your better safety because Bitcoin would be the number one currency in the world and most of the countries would accept it as legally. Then Bitcoin would go to the moon with price $300000....

Well, I like the positivity of your statement however its still uncertain if we can see bitcoin be recognize as a legal tender for many countries.

Anyway bitcoin is indeed a good investment and the top crypto. If you believe that it can reach a huge price in the future so be it no one is holding you back. But its a must to take profit at times to enjoy our earnings.

[KeikoKitagawa18]

Im doing the same thing like you, i put all of my money into BTC. I think i do the right thing to put all of my money into btc because the history of btc keep rising every single year, so it just depends how long i can hold my BTC.

[Mistafreeze]

I think you are doing the right thing by putting all of your money in bitcoin because as we all know that altcoins are so risky many projects hacked last month so in that case we should always put money where there is some security of our funds like bitcoin and ethereum.

I don't think putting all eggs in one basket is the best idea as an investor cause eventually if Bitcoin crashes, then it will take many months for one to wait for it to gain value before doing whatever you want with it. Cryptocurrency investment is very risk and that should not guarantee making decisions that will have greater effects later just because you are scared or ignorant of other investment one can participate in but rather than taking the Oblivion risk of putting all eggs in a single basket.

Bitcoin market is still going to fall well before raisin it head again. I still don't know why many people still believe in Bitcoin as being the only cryptocurrency they can invest in when we have so many good coins with good market cap and volume, one can also invest in or trade. The op should go and make concrete research about other good coins that can generate good profits than Bitcoin itself.

[Amejoaquim]

All in into bitcoin is nice but i hope you patience enough to wait untill the price of bitcoin reach the new all time high. Throw all of your investment in one basket i think it's a smart move, but i hope you know the risk and already do the research about this, so if your investment is not what you expected, you don't need to stress and find someone to blame because of your decision.

[DarkDays]

All in into bitcoin is nice but i hope you patience enough to wait untill the price of bitcoin reach the new all time high. Throw all of your investment in one basket i think it's a smart move, but i hope you know the risk and already do the research about this, so if your investment is not what you expected, you don't need to stress and find someone to blame because of your decision.

When speaking of BTC only then I don't think it is particularly bad but sure you can't take advantage from diversification of assets. On the other hand, as stated above, you might even be nicely rewarded if you've got diamond hands otherwise the potential profit could be massively reduced.

This type of approach works for some people but not all. You just need to put the BTC away and not think about it, it is hard but it is the only way to stay sane and stress free because volatility is inevitable.

[AicecreaME]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

I assume you're not new in this platform, hence you already knew what you were doing and what you are still currently doing. The risk is definitely high when you risk all-in in one coin, but the rewards will be high as well. Bitcoin has proven its potential over the past years. It has withstood the test of time and all the shades thrown at it countless times already. However, you must also know that despite all the good aspects of bitcoin, it is volatile. There will come a time that its value won't be as high and if ever the time you need money most will happen the moment bearish market enters - where the lowest of low of bitcoin's value can possibly hit, you'll have no other choice but to withdraw your btc because you have no other coins as alternative in the first place.

Nonetheless, it's just really up to you. I think you have thought several worst possible scenarios before risking it all in bitcoin after all. I salute your patience and delayed gratification, mate.

[qwertyup23]

The plan is to HODL as much BTC I earn as possible since I do believe that in a few years from now, its price will skyrocket!

While I am against your strategy of putting all eggs in one basket, I do hope that you at least sell 30% of your BTCs because either way, you have profited already. The only goal right now is to lower your risks as much as possible and get the maximum yield.

All in into bitcoin is nice but i hope you patience enough to wait untill the price of bitcoin reach the new all time high. Throw all of your investment in one basket i think it's a smart move, but i hope you know the risk and already do the research about this, so if your investment is not what you expected, you don't need to stress and find someone to blame because of your decision.

but if we dump all assets only on bitcoin, I think it's a good decision, where we see this step can minimize risk and we can sleep well every day until we wait for the bullrun to come. we know when invested in other coins, while bitcoin seems to be in control of the development of all existing coins. So if bitcoin collapses, other coins will suffer the same fate

This is not necessarily true.

There were times that the price of BTC dropped but other prices of altcoins increased. It all depends upon the market to be honest as there is no absolute indicator.

[blackened515]

Holding your Bitcoin for a long time is not a bad idea. Bitcoin price have been dropping for some time now, and your plan to hold it until the price rises is a great idea. But I don't think putting all your money on Bitcoin only is a good  thing to do. It will be nice, investing in other coins also. Although, I understand that Bitcoin is the king of Cryptocurrencies, and those investing in it now will definitely make a good profit from their investment in the nearest future.

[Golftech]

Was inspired with you and I did it too, sold some of my investments early to have funds to go all in with bitcoin although the prices are favorable with me as I have bought below 30k so I don't think that I would feel some losses for now but no matter, I am still on the long-term so I will probably get a big profit.

if the directions continue to favor your side, and there's no more declined that take place. We don't know what

future will bring, but as long as you are speaking about long-term the chance is very high to maximize your

compensations. Choosing long and entrusting everything with Bitcoin is not a bad idea, let it roll and enjoy your ride.

[freedomgo]

Was inspired with you and I did it too, sold some of my investments early to have funds to go all in with bitcoin although the prices are favorable with me as I have bought below 30k so I don't think that I would feel some losses for now but no matter, I am still on the long-term so I will probably get a big profit.

Just trust bitcoin, you don't know what would happen in the future, investing in bitcoin doesn't guarantee a profit in the long run, and in a short period of time, we might see the worst price that would result in panic selling. I hope you are still confident to hold even if bitcoin will drop below $10k this year, it's a test for every holder and if you still hold, then you will enjoy that victory in the end.

[kakonlin]

Putting eggs in one basket is actually not wise.  There are so many coins that exist until now.  So many best coins like eth, bnb, dot, vet, uni etc.  I prefer to buy some coins which I think are best to reduce my risk.

[Obito]

Putting eggs in one basket is actually not wise.  There are so many coins that exist until now.  So many best coins like eth, bnb, dot, vet, uni etc.  I prefer to buy some coins which I think are best to reduce my risk.

That's on you, I mean if you are trying to split the risk then probably it's not for you but if you believe that the coin you are going all in has a potential then you will do it, I mean what could go wrong now because bitcoin is here to stay and it's not like it's going to go down or collapse anytime soon so I think it's alright if someone puts all the investment in one basket.

[Renampun]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

I never planned to keep all my assets in BTC...

65% of the coins I hold are BTC and the rest are BNB, polygons and some more. I'm sure when BTC is bullish again, the price of the altcoins I hold will go up too.

[XavierLaurent]

I'm curious, how it's been working out for you, OP? I'm thinking about selling all my remaining coins and turn them into BTC.

[Dread Pirate Roberts]

If in the stock market, maybe putting all asset in one investment is a bad thing because the investment support point is only from one choice. but for the crypto market it seems that just choosing bitcoin is actually enough. because other coins also depend on bitcoin so just choosing bitcoin option personally i think its still oke . this only oke with bitcoin not other coin.

[freedomgo]

If in the stock market, maybe putting all asset in one investment is a bad thing because the investment support point is only from one choice. but for the crypto market it seems that just choosing bitcoin is actually enough. because other coins also depend on bitcoin so just choosing bitcoin option personally i think its still oke . this only oke with bitcoin not other coin.

We make our own choices, and your justification maybe true as we never see bitcoin lose its spot, it still holds the number spot and has the biggest market dominance. Investing in bitcoin is less risky compared to altcoins, so it's alright to put all your basket into bitcoin, but it's also not bad to diversify into altcoins, it only depends on how an investor will manage his fund.

[Hasan986]

The best option now is BTC. BTC is going down as much. Big whales are buying so much. yesterday, liquidity of a very large amount of short became 5-10 minutes. Hopefully BTC is expected to reach 2 lac$ by 2022 mid.

[The Sceptical Chymist]

I'm curious, how it's been working out for you, OP? I'm thinking about selling all my remaining coins and turn them into BTC.

I just stumbled across this thread after un-ignoring Bitcoin Discussion, and I'm curious as well--though if what OP said is true, he's been accumulating bitcoin since 2013 and probably hasn't sold any of his stash.  Presumably with the price increase we've seen in the past day or two, he's still doing just fine.

I don't know about keeping all of your investment money in bitcoin for the long term, however.  OP will likely still be in the black even if bitcoin were to lose half its value (if he's holding onto 2013 coins), but if I were him I'd probably diversify just a little.  Normally I'd suggest the stock market, but after well over a decade of bull market craziness I'm not sure now is the best time to buy stocks.

OP, you still around?  Maybe you can chime in and give us an update on any changes to your portfolio, etc.

[virtualdn]

I'm curious, how it's been working out for you, OP? I'm thinking about selling all my remaining coins and turn them into BTC.

I just stumbled across this thread after un-ignoring Bitcoin Discussion, and I'm curious as well--though if what OP said is true, he's been accumulating bitcoin since 2013 and probably hasn't sold any of his stash.  Presumably with the price increase we've seen in the past day or two, he's still doing just fine.

I don't know about keeping all of your investment money in bitcoin for the long term, however.  OP will likely still be in the black even if bitcoin were to lose half its value (if he's holding onto 2013 coins), but if I were him I'd probably diversify just a little.  Normally I'd suggest the stock market, but after well over a decade of bull market craziness I'm not sure now is the best time to buy stocks.

OP, you still around?  Maybe you can chime in and give us an update on any changes to your portfolio, etc.

Still all in BTC, doing fine, no headaches watching the shitty coins. Not planning to sell even if BTC price is going up right now. Might sell a small amount once in the xxx,xxx range and then hopefully will buy it back, I'm sure we will see a new ATH this year.

[tiCeR]

I'm curious, how it's been working out for you, OP? I'm thinking about selling all my remaining coins and turn them into BTC.

I just stumbled across this thread after un-ignoring Bitcoin Discussion, and I'm curious as well--though if what OP said is true, he's been accumulating bitcoin since 2013 and probably hasn't sold any of his stash.  Presumably with the price increase we've seen in the past day or two, he's still doing just fine.

I don't know about keeping all of your investment money in bitcoin for the long term, however.  OP will likely still be in the black even if bitcoin were to lose half its value (if he's holding onto 2013 coins), but if I were him I'd probably diversify just a little.  Normally I'd suggest the stock market, but after well over a decade of bull market craziness I'm not sure now is the best time to buy stocks.

OP, you still around?  Maybe you can chime in and give us an update on any changes to your portfolio, etc.

Still all in BTC, doing fine, no headaches watching the shitty coins. Not planning to sell even if BTC price is going up right now. Might sell a small amount once in the xxx,xxx range and then hopefully will buy it back, I'm sure we will see a new ATH this year.

All in in Bitcoin is at least a strategy that still makes some sense. When I read that people go all in on some alt coin (other than Ethereum), I really get a headache. It still depends, there is a difference if you go all in on an unknown token from an ICO or Monero, but as long as you really go all in, I'd be shocked if it is not a larger well established crypto with a successful history.

[TimeTeller]

I'm curious, how it's been working out for you, OP? I'm thinking about selling all my remaining coins and turn them into BTC.

I just stumbled across this thread after un-ignoring Bitcoin Discussion, and I'm curious as well--though if what OP said is true, he's been accumulating bitcoin since 2013 and probably hasn't sold any of his stash.  Presumably with the price increase we've seen in the past day or two, he's still doing just fine.

I don't know about keeping all of your investment money in bitcoin for the long term, however.  OP will likely still be in the black even if bitcoin were to lose half its value (if he's holding onto 2013 coins), but if I were him I'd probably diversify just a little.  Normally I'd suggest the stock market, but after well over a decade of bull market craziness I'm not sure now is the best time to buy stocks.

OP, you still around?  Maybe you can chime in and give us an update on any changes to your portfolio, etc.

Still all in BTC, doing fine, no headaches watching the shitty coins. Not planning to sell even if BTC price is going up right now. Might sell a small amount once in the xxx,xxx range and then hopefully will buy it back, I'm sure we will see a new ATH this year.

All in in Bitcoin is at least a strategy that still makes some sense. When I read that people go all in on some alt coin (other than Ethereum), I really get a headache. It still depends, there is a difference if you go all in on an unknown token from an ICO or Monero, but as long as you really go all in, I'd be shocked if it is not a larger well established crypto with a successful history.

It makes sense because bitcoin itself is at the top and can survive even during bear season.
Not many alts can survive when the market crashes. Only those solid ones like ETH and if I may add BNB.
But let us say, if you go all in one token, like for example SHIB - as this is the current hype.
I don't think you can sleep at night soundly because anytime this kind of meme token, can easily go down the drain without a warning.
So what it demonstrates is that, in this market, maybe putting all your eggs in one basket - in btc specifically, can still give you peace of mind.

[Naficopa]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Let us not fall into extremes! I like to put large amounts of money into niche projects, but this project has to represent something. Unfortunately, if the situation fails, you have to take into account the consequences

[Iceblast]

it seems you have the principle to have more profit in one basket like that right?
but my advice is not to be too fanatical to hold, when there is profit you can immediately sell a little to get a profit, because it is too risky if you hold it for too long

[19Nov16]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

If you buy from 2013 of course now get a huge profit I still remember the price at that time was still under $150 (if you bought late 2013 around $1100), I suggest to enjoy your patience, sell 30% and focus again on hold and I think put in one place is sometimes a good thing.

[Connor Britton]

This is a bold approach, and Bitcoin is relatively stable compared to others. Most of me are in Bitcoin, and a small part of it is in altcoins. Because I do transactions more frequently, I will not open the software in Bitcoin all the time. Maybe the next time I open it is a few years later, I pay too much attention to the trend. It’s easy to make some incorrect decisions,

[Chato1977]

There are few people that i respect in this forum and Some of them are people like you OP in which willing to prove that Bitcoin is still wprth trusting with alll our funds.
though there are haters of what wecalled "ALL IN" yet this is still the most effective for long term Holders.

This is a bold approach, and Bitcoin is relatively stable compared to others. Most of me are in Bitcoin, and a small part of it is in altcoins. Because I do transactions more frequently, I will not open the software in Bitcoin all the time. Maybe the next time I open it is a few years later, I pay too much attention to the trend. It’s easy to make some incorrect decisions,

Stable and safe, Bitcoin has always been the first currency to Pump high .

[lixer]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

It’s not really bad, I have also been doing it for sometime, though it is not something I do all the time. Sometimes I might decide to buy other coins like Ethereum and any other good altcoins I may find. But, majority of my investment would usually go into Bitcoin before going into any other altcoins in the market.

So, it is up to you to decide that for yourself. Investing in lots of different cryptocurrencies might be good since it’s good to diversify your asset, even at that you still have to know that bitcoin is at the top and most of the time it’s always going to top many other cryptocurrencies you will find in the market.

[Quantum907]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Looks very risky but I think this is the right move, no doubt that bitcoin is the most secure and profitable crypto for long term so putting all money in bitcoin is a good thing.

[dzonikg28]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

It’s not really bad, I have also been doing it for sometime, though it is not something I do all the time. Sometimes I might decide to buy other coins like Ethereum and any other good altcoins I may find. But, majority of my investment would usually go into Bitcoin before going into any other altcoins in the market.

So, it is up to you to decide that for yourself. Investing in lots of different cryptocurrencies might be good since it’s good to diversify your asset, even at that you still have to know that bitcoin is at the top and most of the time it’s always going to top many other cryptocurrencies you will find in the market.

And if we look at the crypto market's history, staying in Bitcoin would have made you rich anyway. It is so tempting to get into a low cap alt coin because you hope for 100x, but eventually Bitcoin performed so well again and again that gambling on shit coins isn't worth it.

[Abiky]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

That's an extremely risky move. If Bitcoin goes all the way down the drain in an instant, you can end up losing a lot of money in the process. It's better to diversify your investment into more than one cryptocurrency, since the risks of loss are minimal. One coin can go down the drain, but the other one might be having a bullish trend.

Ultimately, no can force you to make a decision on your investment. Investing in Bitcoin for the long haul is a great idea because its value will increase as it becomes scarcer over time. There are many experts that indicate Bitcoin will hit $100k, and even $1m in the future. The more Bitcoin you accumulate, the better rewards you'll get. You can make even more money by investing into Ethereum and its "De-Fi" tokens.

My plan is to put half of my money into Bitcoin and put the other half into Ethereum (a 50-50 split). That way, I can leverage risks from both cryptocurrencies while getting big rewards in the process. When the next bull market comes, I'd be ready to sell a large portion of my coins for profit. Whatever you do with your Bitcoin, always remember to buy low and sell high in order to avoid losing your hard-earned money in the process. Just my opinion

[Easteregg69]

So we have a basket case?

Immutable is not what it used to be. Sooner or later a supercomputer comes up and checks all the keys in one go.

Kindest.

PS. And you that censors ideas you don't like will be wrong! 100%

PPS. yobit is banned til 14-07-2022!

A supercomputer. Giggles..

[cotton ball]

So we have a basket case?

Immutable is not what it used to be. Sooner or later a supercomputer comes up and checks all the keys in one go.

Kindest.

PS. And you that censors ideas you don't like will be wrong! 100%

be a wise person, don't keep everything we have in one package, if anyone can hack into our package, we will fall back to zero, we store in bitcoin is good, because bitcoin has been proven to give us promising profits, but it would be nice if we save some of what we have elsewhere..

[goldade]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

If you've been hodling your coins since 2013, then it would mean that you're in tremendous profits whether you sell now or now.  Bitcoin was very low as at 2013 and how you managed to keep holding even when bitcoin hits new ATHs along the year is amazing
Trust me, I believe you decided to go all in into bitcoin because you have seen the reward of holding bitcoin for a very long period of time.  I, however,  think you should sell some by November, at least enjoy the reward of holding this long.

[tiCeR]

I'm curious, how it's been working out for you, OP? I'm thinking about selling all my remaining coins and turn them into BTC.

I just stumbled across this thread after un-ignoring Bitcoin Discussion, and I'm curious as well--though if what OP said is true, he's been accumulating bitcoin since 2013 and probably hasn't sold any of his stash.  Presumably with the price increase we've seen in the past day or two, he's still doing just fine.

I don't know about keeping all of your investment money in bitcoin for the long term, however.  OP will likely still be in the black even if bitcoin were to lose half its value (if he's holding onto 2013 coins), but if I were him I'd probably diversify just a little.  Normally I'd suggest the stock market, but after well over a decade of bull market craziness I'm not sure now is the best time to buy stocks.

OP, you still around?  Maybe you can chime in and give us an update on any changes to your portfolio, etc.

Still all in BTC, doing fine, no headaches watching the shitty coins. Not planning to sell even if BTC price is going up right now. Might sell a small amount once in the xxx,xxx range and then hopefully will buy it back, I'm sure we will see a new ATH this year.

All in in Bitcoin is at least a strategy that still makes some sense. When I read that people go all in on some alt coin (other than Ethereum), I really get a headache. It still depends, there is a difference if you go all in on an unknown token from an ICO or Monero, but as long as you really go all in, I'd be shocked if it is not a larger well established crypto with a successful history.

It makes sense because bitcoin itself is at the top and can survive even during bear season.
Not many alts can survive when the market crashes. Only those solid ones like ETH and if I may add BNB.
But let us say, if you go all in one token, like for example SHIB - as this is the current hype.
I don't think you can sleep at night soundly because anytime this kind of meme token, can easily go down the drain without a warning.
So what it demonstrates is that, in this market, maybe putting all your eggs in one basket - in btc specifically, can still give you peace of mind.

Sure you can always hit the jackpot if you then also manage to sell with the right timing and don't stick to your SHIB hoping it goes up even further, but if you want a solid investment that is resilient against crashes or does at least have a good history of strong recoveries, the coins you mentioned are the way to go for any investor.

[Charot12345]

I think so too. Putting all your assets in one basket is not that good. It is better to put some in another cryptocurrency. Even just little part of it. Though it was risky, you need to study about it more to avoid too much losses. You can also invest it to something that you can have profit too or bought a house and lot that can you can use for a lifetime.

[fuguebtc]

I think you are doing the right thing by putting all of your money in bitcoin because as we all know that altcoins are so risky many projects hacked last month so in that case we should always put money where there is some security of our funds like bitcoin and ethereum.

I don't think putting all eggs in one basket is the best idea as an investor cause eventually if Bitcoin crashes, then it will take many months for one to wait for it to gain value before doing whatever you want with it. Cryptocurrency investment is very risk and that should not guarantee making decisions that will have greater effects later just because you are scared or ignorant of other investment one can participate in but rather than taking the Oblivion risk of putting all eggs in a single basket.

Bitcoin market is still going to fall well before raisin it head again. I still don't know why many people still believe in Bitcoin as being the only cryptocurrency they can invest in when we have so many good coins with good market cap and volume, one can also invest in or trade. The op should go and make concrete research about other good coins that can generate good profits than Bitcoin itself.

In this case, putting eggs in one basket is probably best idea. Yes, there are many alts, bitcoin is not the only coin to invest. But all alts depend on bitcoin volatility, when bitcoin rises it all increases, when bitcoin falls it's all red.And If bitcoin crashes, I think the crypto market will crash too.

[n0ne]

I think so too. Putting all your assets in one basket is not that good. It is better to put some in another cryptocurrency. Even just little part of it. Though it was risky, you need to study about it more to avoid too much losses. You can also invest it to something that you can have profit too or bought a house and lot that can you can use for a lifetime.

Everything on a single cryptocurrency will help with big return if lucky. At times if the market hasn't moved as predicted it might end with massive losses. When the same is diversified, profit and losses can be compensated against each other. This will lessen the risk of investments and gives maximum chance of profit making than decline in the holdings value.

[verita1]

I have observed that when we create a portfolio it will always depend on the amount and time we dedicate to the investment.
All the eggs in a basket involves applying strategies.
I am moved by two reasons to invest in bitcoin for a long time. 1. Just to see it consolidate in what we have longed for forever and 2. The future of two young people in my family.
I also have other digital assets for my needs in the short, medium and even long term as well.
The better we plan our future it will all have been worth it because that is why bitcoin was created to meet our demands.

[iTradeChips]

Well, as a bitcoin investor myself, I do see that you have made a good decision to put all your money on Bitcoin. It is your money anyway, so don't listen to anybody that says you are doing it wrong. It is like mine, I invest in Bitcoin and Ethereum and that is it. I really don't care about the others. Friends tells me to invest on this or invest on that. I say sure, that is a great idea, but at the end of the day the decision is always mine and mine alone. Like you, your decision is all yours.

[dzonikg28]

Well, as a bitcoin investor myself, I do see that you have made a good decision to put all your money on Bitcoin. It is your money anyway, so don't listen to anybody that says you are doing it wrong. It is like mine, I invest in Bitcoin and Ethereum and that is it. I really don't care about the others. Friends tells me to invest on this or invest on that. I say sure, that is a great idea, but at the end of the day the decision is always mine and mine alone. Like you, your decision is all yours.

it is better to put it in one basket with potential and safe than having to split our assets into several pieces that have no potential and get a big risk in loss. I think now we have to be smart and choose assets that really have the potential to double our money

That's basically correct, but there are more solid coins than just Bitcoin that you could certainly add to your portfolio. You could add an anonymous coin and also a smart contract platform and still be good to go. If you hold BTC, ETH and XMR I would say that is a solid portfolio. Maybe add a small percentage of lower cap coins to enjoy the potential thrill when one of those coins goes to the moon!

[Sihab76]

Investing all your dollar coins in a single platform is nothing but nonsense. If you wish, you can divide your assets into different steps and invest in different platforms. You are Etherium, Binance, and many more profitable platforms that you can invest at will.

[roosbit]

It's good to see strong believers of bitcoin still exist, but the golden rules will never change, don't put all your eggs in one basket because you might lose everything in one shot.

What might hurt the most is the lost time that will be all for nothing after the many years of waiting, invest in some alltcoins to reduce the risk.

[posi]

It's good to see strong believers of bitcoin still exist, but the golden rules will never change, don't put all your eggs in one basket because you might lose everything in one shot.

What might hurt the most is the lost time that will be all for nothing after the many years of waiting, invest in some alltcoins to reduce the risk.

The golden rule of cryptocurrency investment is not to put all eggs in one basket but with 97% of all altcoin being hype based and highly manipulate I don't think there's a problem in going to all in Bitcoin now after all the recent market momentum is determine by the trend Bitcoin posed.

[Abiky]

That's basically correct, but there are more solid coins than just Bitcoin that you could certainly add to your portfolio. You could add an anonymous coin and also a smart contract platform and still be good to go. If you hold BTC, ETH and XMR I would say that is a solid portfolio. Maybe add a small percentage of lower cap coins to enjoy the potential thrill when one of those coins goes to the moon!

You can leverage risks by adding more coins to your portfolio. Sticking to only one coin will increase your risk of loss if it goes all the way down the drain in an instant. I've seen many times where Bitcoin goes down, while some altcoins go up in price. If you diversify your investment into Bitcoin and other prominent cryptocurrencies on the market, you'll be able to minimize losses as much as possible.

Ultimately, the decision lies in yourself whenever you'd want to diversify your investment or put all of your "eggs" in one basket. Bitcoin should be the cryptocurrency on the top of your portfolio, since it's the one who moves the whole market. With a block reward halving every 4 years, Bitcoin is on a road towards non-stop growth both in price and mainstream adoption. The cryptocurrency is valued at nearly $40k now, and could be worth more than $100k in the future. Whatever you do with your money, always invest wisely in order to avoid becoming bankrupt in the long run. Who knows how much profit you'll make with the next bull market run? Just my thoughts

[Elsaveronicha]

Right decision.  If you want to buy coins with all your money, bitcoin is the best.  Currently we see the price of bitcoin has gone up 30% within one week.  Even bitcoin's rise can outpace altcoins.  If we look at bitcoin profits are also very high.  So there's no need to buy other coins that we don't understand.

[bitzizzix]

just like i put my eggs in only one basket which is bitcoin because for now i only trust bitcoin which has the potential to give a very good return for the long term than any other coin.
even if there is a decline it doesn't matter to me because I am consistent with the long term even though there are some potentially good altcoins I focus on bitcoin, because I believe in bitcoin's movement and even though there are some declines it will definitely rise again even beyond the previous high price and most importantly be patient.
and another reason I'm busy with my full time job, so for now just focus on one basket for the long term.

[Mpamaegbu]

By not sold a bit, do you mean not sold any at all? Those would be very strong hands you got

But is not selling at all a wise decision? I don't believe anyone will be said to be a wise investor or hodler if they don't take profits from time to time to rebuy the dip. Only those who are horrible at trading would not sell at all and I'm cocksure they will always regret the chances they don't take. Again, I strongly believe that Bitcoin or any other crypto won't be valuable if no one ever gets to sell at all. Buying and selling are what gives a thing its value.

[Xinarae*]

Putting everything on BTC is a very good decision bitcoin is more popular than other currencies in the crypto market and the demand for investment is high. There are many benefits to investing in the right time and there is no fear of losing if the price starts to go down don't be discouraged wait patiently it will go up soon. Prices are much higher than before and are expected to rise further this year the right time to hold on without selling.

[dustboy]

Well, as a bitcoin investor myself, I do see that you have made a good decision to put all your money on Bitcoin. It is your money anyway, so don't listen to anybody that says you are doing it wrong. It is like mine, I invest in Bitcoin and Ethereum and that is it. I really don't care about the others. Friends tells me to invest on this or invest on that. I say sure, that is a great idea, but at the end of the day the decision is always mine and mine alone. Like you, your decision is all yours.

it is better to put it in one basket with potential and safe than having to split our assets into several pieces that have no potential and get a big risk in loss. I think now we have to be smart and choose assets that really have the potential to double our money

Putting it in one basket is not a wise decision even if you trust bitcoin much. The risk is not only about losing some money due to its volatility but there is also a risk of losing it by other cases like hacked, losing wallet, etc. Indeed, it is our own choice and decision on what to do with our money but at least anyone should be aware about the risks. No one knows what will happen with all existing crypto (including bitcoin) in the future. I myself prefer to split my money into some different potential coins.

[dzonikg28]

That's basically correct, but there are more solid coins than just Bitcoin that you could certainly add to your portfolio. You could add an anonymous coin and also a smart contract platform and still be good to go. If you hold BTC, ETH and XMR I would say that is a solid portfolio. Maybe add a small percentage of lower cap coins to enjoy the potential thrill when one of those coins goes to the moon!

You can leverage risks by adding more coins to your portfolio. Sticking to only one coin will increase your risk of loss if it goes all the way down the drain in an instant. I've seen many times where Bitcoin goes down, while some altcoins go up in price. If you diversify your investment into Bitcoin and other prominent cryptocurrencies on the market, you'll be able to minimize losses as much as possible.

Ultimately, the decision lies in yourself whenever you'd want to diversify your investment or put all of your "eggs" in one basket. Bitcoin should be the cryptocurrency on the top of your portfolio, since it's the one who moves the whole market. With a block reward halving every 4 years, Bitcoin is on a road towards non-stop growth both in price and mainstream adoption. The cryptocurrency is valued at nearly $40k now, and could be worth more than $100k in the future. Whatever you do with your money, always invest wisely in order to avoid becoming bankrupt in the long run. Who knows how much profit you'll make with the next bull market run? Just my thoughts

Well, if someone were to ask me which basket I would choose if I HAD TO put all eggs in one basket, I would actually put all my eggs into the Bitcoin basket as well. As we don't have to, I would always recommend a certain degree of diversification, but if you go all in on one coin, it is Bitcoin for me. It might not give you 100x, but probably a very decent ROI over time.

[Handpari]

If its coin other than bitcoin i will say its not good choice but Bitcoin is the king of all coin and all coin depend on Bitcoin price so I think its good choice. Of course its profit is small as compared to other small cap coin but secure and for long term very good choice.

[adzino]

Sure. It's not a bad idea. You are investing in bitcoin, which will highly likely give you a good profit in the long run as long as you don't sell until you have reached your profit goal. If it was some other altcoins, it would have been very risky to put all your money on those coins. But you may also try investing like more than 80% of your coins on bitcoin while investing rest on top altcoins.

That investment "plan" works only for really young people or for not so smart

Lol, why is not a "not so smart" plan? Are you saying young people are dumb?

[bittraffic]

Sure. It's not a bad idea. You are investing in bitcoin, which will highly likely give you a good profit in the long run as long as you don't sell until you have reached your profit goal. If it was some other altcoins, it would have been very risky to put all your money on those coins. But you may also try investing like more than 80% of your coins on bitcoin while investing rest on top altcoins.

That investment "plan" works only for really young people or for not so smart

Lol, why is not a "not so smart" plan? Are you saying young people are dumb?

The dogecoin diamond hands actually invested in dogecoin alone which was once worth more than $3M at some point during the time where Elon was to host SNL. The only investment he has is Doge and nothing else. It's pretty stupid for an investor to do it that way when it comes to diversifying.

Most crypto investors are often just Buy BTC for most of their money and the rest probably 20% to altcoins.

[ven7net]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Yes, I also heard that at the end of 2021 there is a high probability of seeing a new stronger rise in cryptocurrency prices. As for my plans, I am also now accumulating cryptocurrencies in order to fix profits at the end of the year. But putting all your eggs in one basket is a risk, but if this basket is with BTC, then it is probably worth it, because if there really is a crazy price increase at the end of 2021, then everyone who holds BTC will be able to get super big profits.

[dunfida]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Yes, I also heard that at the end of 2021 there is a high probability of seeing a new stronger rise in cryptocurrency prices. As for my plans, I am also now accumulating cryptocurrencies in order to fix profits at the end of the year. But putting all your eggs in one basket is a risk, but if this basket is with BTC, then it is probably worth it, because if there really is a crazy price increase at the end of 2021, then everyone who holds BTC will be able to get super big profits.

Dont see any sentiments that would pop out on this year for us to have a good bullish run with bitcoin but it isnt guaranteed that it would happen but most we do have that positive impression

that it might really be having some good run in last quarters.Its up to someone if he decided to go all in with bitcoin and converting those altcoins back to bitcoin which i cant

really blame off investors on doing that and since its their money then let them be.

[iTradeChips]

Well, as a bitcoin investor myself, I do see that you have made a good decision to put all your money on Bitcoin. It is your money anyway, so don't listen to anybody that says you are doing it wrong. It is like mine, I invest in Bitcoin and Ethereum and that is it. I really don't care about the others. Friends tells me to invest on this or invest on that. I say sure, that is a great idea, but at the end of the day the decision is always mine and mine alone. Like you, your decision is all yours.

it is better to put it in one basket with potential and safe than having to split our assets into several pieces that have no potential and get a big risk in loss. I think now we have to be smart and choose assets that really have the potential to double our money

That's basically correct, but there are more solid coins than just Bitcoin that you could certainly add to your portfolio. You could add an anonymous coin and also a smart contract platform and still be good to go. If you hold BTC, ETH and XMR I would say that is a solid portfolio. Maybe add a small percentage of lower cap coins to enjoy the potential thrill when one of those coins goes to the moon!

Definitely, as long as the cryptocurrency has big potential and is surviving for many years now and going strong, then by all means invest on it and support the coin. It is obvious that those in the top 20 of cryptocurrencies list would be always a good pick. But of course, you need to be very careful. The top 20 coin in 2014 are not the same in 2021 and at that point we should realize that the coins that are great today might not be great many many years from now. So be very careful in picking coins to invest.

[cheezcarls]

Although that everyone has their own opinion, putting all eggs in one basket isn’t a good idea for me. It reminds me of my conversation with my sister that she wants to go all-in on Bitcoin by putting all of her savings into it. But I told her not to, and only put an amount that she could afford to lose.

Coz’ if we go all-in and if BTC goes down, it would be hard for our emotions to cope up. Instead of going all-in, much better to diversify our money like putting most of it on savings, and only invest a portion of it on Bitcoin and other altcoins.

[chanler]

My current plan is more or less the same, which is to hold the coins I have and try to increase my btc investment even more. I know and hope it will give me a big advantage so I have to be patient to wait for it. Right now the market is unstable and down so it's not good to sell assets, it's better to hold them. In addition, when the price of btc is going down like this, we really have to be able to use the time well to buy coins in the market so that we can buy them at low prices, of course it will be profitable. If we can learn to manage our assets well, the results will also be great.

[Malam90]

I am holding BTC and altcoins also but i don't put all my eggs in a  basket. Last couple of weeks is good for Bitcoin and i hope till November, BTC will experience its ATH but at the same time altcoins will also chase Bitcoin. So i like to put 30%-40% in BTC and the rests are for altcoins like ETH, DOT, CAKE, BABY, KICK, TRX, KSUMA, ONT etc. After all, we have to remember that Bitcoin was only below $5. So only who are holding BTC till now aren't in wrong decision, rather they are gainers form the perspective of the day. So, in the long run, it's okey for only hold BTC.

[freedomgo]

I am holding BTC and altcoins also but i don't put all my eggs in a  basket. Last couple of weeks is good for Bitcoin and i hope till November, BTC will experience its ATH but at the same time altcoins will also chase Bitcoin. So i like to put 30%-40% in BTC and the rests are for altcoins like ETH, DOT, CAKE, BABY, KICK, TRX, KSUMA, ONT etc. After all, we have to remember that Bitcoin was only below $5. So only who are holding BTC till now aren't in wrong decision, rather they are gainers form the perspective of the day. So, in the long run, it's okey for only hold BTC.

More diversification of funds is better as it will give more opportunity to earn more, remember that bitcoin is not the most profitable coin during the last two bull runs, usually, the altcoins have more increase but we also have to remember that during the bear market, altcoins have more loses.

Therefore, we should put in mind that bitcoin investing has a lower risk than investing in altcoins and they should be managed properly to minimize the risk.

[electronicash]

My current plan is more or less the same, which is to hold the coins I have and try to increase my btc investment even more. I know and hope it will give me a big advantage so I have to be patient to wait for it. Right now the market is unstable and down so it's not good to sell assets, it's better to hold them. In addition, when the price of btc is going down like this, we really have to be able to use the time well to buy coins in the market so that we can buy them at low prices, of course it will be profitable. If we can learn to manage our assets well, the results will also be great.

Same as my plan hold for long term is the thing i have to do to change my life, currently i have around 0.093 btc which i keep in Trust Wallet, i am optimistic that bitcoin will skyrocket due to many big institutions and companies buying bitcoin.

its not just BTC that institutions are buying nowadays, they are also accumulating ETH if you have not heard of it. even Reuters is reporting it because they know ETH is going to follow what BTC had become. this year alone ETH had spiked up to $4,370 because it indeed has usecase which they could make them more money. there was an interview that even Grayscale has ETH on their balance sheet. they are diversifying investments because they don't just put their eggs in one basket.

[tiCeR]

My current plan is more or less the same, which is to hold the coins I have and try to increase my btc investment even more. I know and hope it will give me a big advantage so I have to be patient to wait for it. Right now the market is unstable and down so it's not good to sell assets, it's better to hold them. In addition, when the price of btc is going down like this, we really have to be able to use the time well to buy coins in the market so that we can buy them at low prices, of course it will be profitable. If we can learn to manage our assets well, the results will also be great.

Same as my plan hold for long term is the thing i have to do to change my life, currently i have around 0.093 btc which i keep in Trust Wallet, i am optimistic that bitcoin will skyrocket due to many big institutions and companies buying bitcoin.

its not just BTC that institutions are buying nowadays, they are also accumulating ETH if you have not heard of it. even Reuters is reporting it because they know ETH is going to follow what BTC had become. this year alone ETH had spiked up to $4,370 because it indeed has usecase which they could make them more money. there was an interview that even Grayscale has ETH on their balance sheet. they are diversifying investments because they don't just put their eggs in one basket.

I believe that institutional investors or very high wealth individuals have been accumulating Ethereum for quite a while now. I guess Ethereum is also subject to quite a concentrated ownership structure. Depending on whether or not some of them even considered buying in during the ICO, whatever amount of money they invested they could have acquired loads of ETH at relatively extremely cheap prices.

[Kittygalore]

right now you may have got so many bitcoins and moreover you bought it at such a cheap price, and maybe you have collected it in one basket and I think you have done the right thing at this time and at the right time as well. do, I am very sure what you are doing at this time will be a fantastic result for yourself in the future, I am also very impressed with what you have done at this time

Anyone can do it if you have a lot of money and you have a stable job that helps you with your daily needs so you can't possibly sell your portfolio at a wrong time and at wrong price. Of course it's fantastic, OP has been hodling for years, it's already a feat if you can do a year but OP seems to be able to go for more years.

[Bitstar_coin]

I don't think it is a bad idea, although you might not make as much as you would have with a good alts project, if for instance this was done 5 to 6 years back, you would have enjoyed the fruit of your investment much more, nonetheless, it is never too late, btc is the number one choice for crypto investment and it is the most trusted, plus there is a strong possibility it will go even higher in the future.

[Tashana]

To be honest, if I started from knowing about Bitcoin and only focused on buying Bitcoin, pay attention: just buy, not sell, then this should be the wisest decision I have made since I was born. Now I only have Bitcoin in my wallet With Ethereum, I will continue to stick to it. Although the Bitcoin and Ethereum baskets are large, they are strong, and there are many other baskets, but they may be very impractical. The eggs may encounter tatters and fall on the ground and break. So angry!

[Poker A-k]

I think this is an investment strategy. I would not put all the eggs in one basket. This is not a very wise choice. This kind of investment plan is too singular. Eggs are easy to break, this is not the most important thing. If something unexpected happens, it will directly affect your investment mentality, and if your mentality collapses, it will directly cause you to make very wrong judgments. Living in a bad mood every day is not a correct attitude and way of life.

[dzonikg28]

Well, as a bitcoin investor myself, I do see that you have made a good decision to put all your money on Bitcoin. It is your money anyway, so don't listen to anybody that says you are doing it wrong. It is like mine, I invest in Bitcoin and Ethereum and that is it. I really don't care about the others. Friends tells me to invest on this or invest on that. I say sure, that is a great idea, but at the end of the day the decision is always mine and mine alone. Like you, your decision is all yours.

it is better to put it in one basket with potential and safe than having to split our assets into several pieces that have no potential and get a big risk in loss. I think now we have to be smart and choose assets that really have the potential to double our money

That's basically correct, but there are more solid coins than just Bitcoin that you could certainly add to your portfolio. You could add an anonymous coin and also a smart contract platform and still be good to go. If you hold BTC, ETH and XMR I would say that is a solid portfolio. Maybe add a small percentage of lower cap coins to enjoy the potential thrill when one of those coins goes to the moon!

Definitely, as long as the cryptocurrency has big potential and is surviving for many years now and going strong, then by all means invest on it and support the coin. It is obvious that those in the top 20 of cryptocurrencies list would be always a good pick. But of course, you need to be very careful. The top 20 coin in 2014 are not the same in 2021 and at that point we should realize that the coins that are great today might not be great many many years from now. So be very careful in picking coins to invest.

Yes well I am not sure I would go with all from the top 20, but as I said completing a portfolio with an anonymous coin (which will definitely play a role in the future) and of course a smart contract platform. You could go with both ETH and BSC as they both set up quite a bit differently. As iTradeChips says, the older coins with a successful history have proven again and again their overall resilience. Certainly a factor to be considered.

[MFahad]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

When you say don't invest all in one basket , it particularly means to invest in different alt coins. It does not refer to investment in bitcoin. You can invest all in bitcoin and there is nothing wrong in this.

[Kayum10029]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

When you say don't invest all in one basket , it particularly means to invest in different alt coins. It does not refer to investment in bitcoin. You can invest all in bitcoin and there is nothing wrong in this.

It is true that investing in Bitcoin is completely foolish as there are more unique coins besides Bitcoin that are suitable for long term investment.Anyone can invest in these cryptocurrencies if they wish. Binance coins are very useful for long term investment.

[Wawa2013]

I don't think it is a bad idea, although you might not make as much as you would have with a good alts project, if for instance this was done 5 to 6 years back, you would have enjoyed the fruit of your investment much more, nonetheless, it is never too late, btc is the number one choice for crypto investment and it is the most trusted, plus there is a strong possibility it will go even higher in the future.

It's not a bad idea to go all in Bitcoin, especially if we are new to the crypto world and don't have enough knowledge to look for other good projects
for investment. It is better to invest only in Bitcoin, than to choose the wrong projects. But maybe the results will not be optimal, because there are
actually several potential altcoins that can provide large profits. That's why I always recommend continuing to study the crypto world, so that
we can choose good altcoins for investment. So we can make more profit from the crypto world, however it is better to store eggs in several baskets.

[dunfida]

I don't think it is a bad idea, although you might not make as much as you would have with a good alts project, if for instance this was done 5 to 6 years back, you would have enjoyed the fruit of your investment much more, nonetheless, it is never too late, btc is the number one choice for crypto investment and it is the most trusted, plus there is a strong possibility it will go even higher in the future.

It's not a bad idea to go all in Bitcoin, especially if we are new to the crypto world and don't have enough knowledge to look for other good projects
for investment. It is better to invest only in Bitcoin, than to choose the wrong projects. But maybe the results will not be optimal, because there are
actually several potential altcoins that can provide large profits. That's why I always recommend continuing to study the crypto world, so that
we can choose good altcoins for investment. So we can make more profit from the crypto world, however it is better to store eggs in several baskets.

Going all in isnt bad as long you do know the risk and also going all in with bitcoin is much more better rather than on considering some shit coins in the market.So i would really be taking this as a good step

but not all would really be that keen on investing on a single coin and would diversify on certain coins in the market.Its your money though so its your decision to take because when it comes to losses

you are the only ones who would experience it not us. So be careful on what decisions you would take.

[Wong Gendheng]

I don't think it is a bad idea, although you might not make as much as you would have with a good alts project, if for instance this was done 5 to 6 years back, you would have enjoyed the fruit of your investment much more, nonetheless, it is never too late, btc is the number one choice for crypto investment and it is the most trusted, plus there is a strong possibility it will go even higher in the future.

This is a good idea especially if done when the price was 10 years ago, I hope this will be repeated for the next 10 years, bitcoin still has the power and potential to skyrocket so patiently holding is a very profitable option.

[Marvell1]

Although that everyone has their own opinion, putting all eggs in one basket isn’t a good idea for me. It reminds me of my conversation with my sister that she wants to go all-in on Bitcoin by putting all of her savings into it. But I told her not to, and only put an amount that she could afford to lose.

Coz’ if we go all-in and if BTC goes down, it would be hard for our emotions to cope up. Instead of going all-in, much better to diversify our money like putting most of it on savings, and only invest a portion of it on Bitcoin and other altcoins.

It's really risky when we put all our eggs in one basket, Bitcoin is good but no one can predict what will happen in the future.I also hold bitcoin but not all.My money invested in crypto is idle money and I'm fine if unfortunately bitcoin dies.

[KaliLinux]

Although that everyone has their own opinion, putting all eggs in one basket isn’t a good idea for me. It reminds me of my conversation with my sister that she wants to go all-in on Bitcoin by putting all of her savings into it. But I told her not to, and only put an amount that she could afford to lose.

Coz’ if we go all-in and if BTC goes down, it would be hard for our emotions to cope up. Instead of going all-in, much better to diversify our money like putting most of it on savings, and only invest a portion of it on Bitcoin and other altcoins.

It's really risky when we put all our eggs in one basket, Bitcoin is good but no one can predict what will happen in the future.I also hold bitcoin but not all.My money invested in crypto is idle money and I'm fine if unfortunately bitcoin dies.

I hear what you are saying and I don't think I have any problem with what the OP did with regards to the Cryptocurrency investment. I believe he was referring to his investment in crypto and not his total life asset which I might do also with my crypto investment because if Bitcoin will die then any other investment in crypto I believe will be useless as well so, the safest place if you were to go All in 1 would be Bitcoin even though I will like to diversify my portfolio. 

[dzonikg28]

Although that everyone has their own opinion, putting all eggs in one basket isn’t a good idea for me. It reminds me of my conversation with my sister that she wants to go all-in on Bitcoin by putting all of her savings into it. But I told her not to, and only put an amount that she could afford to lose.

Coz’ if we go all-in and if BTC goes down, it would be hard for our emotions to cope up. Instead of going all-in, much better to diversify our money like putting most of it on savings, and only invest a portion of it on Bitcoin and other altcoins.

It's really risky when we put all our eggs in one basket, Bitcoin is good but no one can predict what will happen in the future.I also hold bitcoin but not all.My money invested in crypto is idle money and I'm fine if unfortunately bitcoin dies.

I hear what you are saying and I don't think I have any problem with what the OP did with regards to the Cryptocurrency investment. I believe he was referring to his investment in crypto and not his total life asset which I might do also with my crypto investment because if Bitcoin will die then any other investment in crypto I believe will be useless as well so, the safest place if you were to go All in 1 would be Bitcoin even though I will like to diversify my portfolio. 

OP hasn't mentioned whether he meant to say that he put all his net worth into BTC, or whether the portion of his net worth that he uses to purchase crypto is all being invested into BTC, and only into BTC (except for the few LTC he mentions). If he is all in with everything he has in hie life on BTC, that's brave! But I can understand it!
If the portion dedicated to crypto investments is all in on BTC, that's a very decent move. Because if Bitcoin dies or crashes, rest assured that pretty much, if not all coins right now will die or crash along with it, at least for the time being.

[Tumanggor]

~

Putting all assets in bitcoin sounds risky but if you look at it in the long term then it is the most profitable
I also plan to put all assets in bitcoin, I am very confident in its long term potential

predictions that say Bitcoin will cross $100k, I strongly believe in that, bitcoin is the asset of the future

[Hobo66]

Whatever you invest in...just remember in order for your 1k to double if you choose BTC, it would also need to double. I say use the money to invest in ALT coins.
ETH would double and triple if not more while BTC wouldn’t even double from here. Maybe it goes back up to 60K

[nelliella]

you must be a tough guy because it is almost impossible to stay away from altcoins , i have traded at least 100 altcoins some of it was scam some of them went to moon but in the end i believe best strategy is find the strongest project like sol , link , dot , egld and hold it can u imagine what happens if u find the next ethereum at the begginning ?

[jossiel]

Putting all assets in bitcoin sounds risky but if you look at it in the long term then it is the most profitable
I also plan to put all assets in bitcoin, I am very confident in its long term potential

predictions that say Bitcoin will cross $100k, I strongly believe in that, bitcoin is the asset of the future

It's not risky.

What's risky is to not have bitcoin at all. Out of all of those investing recommendations, this is very effective. Whether you only own bitcoin, you're still satisfied owning it only.

But if you're not satisfied to only own it, just make sure that most of your portfolio is composed of bitcoin.

[dreamer81]

I'd advice you to get rid of your LTC as well. The usecase is not intact for litecoin anymore, as BTC has shifted to a store of value concept.

[ene1980]

you must be a tough guy because it is almost impossible to stay away from altcoins , i have traded at least 100 altcoins some of it was scam some of them went to moon but in the end i believe best strategy is find the strongest project like sol , link , dot , egld and hold it can u imagine what happens if u find the next ethereum at the begginning ?

The main reason why you are chasing 100 other altcoin is because you think you can invest in the next Bitcoin and earn a fortune and end up loosing money . It is a problem for many, rather than investing in Bitcoin for the long run and have patience they look for alternatives. I have invested in a few considering how the developers could convince us with their white paper and if you find good projects then even i will not miss them.

[bitterguy28]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

since 2013 ? meaning you have keep all the coins from the 2 past Halving season in which ATH's had been reached ?

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

it is your prerogative and also youre losses if making this decision a mistake.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

you should have sold  when the price hit 64k instead of waiting for december .

imagine if you have sold that time and buy back when that value drops to 28k? then all your funds had been doubled now.

[jossiel]

I'd advice you to get rid of your LTC as well. The usecase is not intact for litecoin anymore, as BTC has shifted to a store of value concept.

If he said that it's just few, there's no need to think of it.

Having all in with btc and got some ltc from long time ago. I guess that he's still good keeping that unless he sees some good price action for ltc.

And if that happens, he will surely sell those for bitcoin.

[Wawa2013]

It's not a bad idea to go all in Bitcoin, especially if we are new to the crypto world and don't have enough knowledge to look for other good projects
for investment. It is better to invest only in Bitcoin, than to choose the wrong projects. But maybe the results will not be optimal, because there are
actually several potential altcoins that can provide large profits. That's why I always recommend continuing to study the crypto world, so that
we can choose good altcoins for investment. So we can make more profit from the crypto world, however it is better to store eggs in several baskets.

Going all in isnt bad as long you do know the risk and also going all in with bitcoin is much more better rather than on considering some shit coins in the market.So i would really be taking this as a good step

but not all would really be that keen on investing on a single coin and would diversify on certain coins in the market.Its your money though so its your decision to take because when it comes to losses

you are the only ones who would experience it not us. So be careful on what decisions you would take.

I believe everyone has their own strategy when it comes to investing in cryptocurrencies. There are people who don't want to be bothered
by doing research or analysis, for reasons of busyness, so he only invests in Bitcoin which is proven to be safe. We can't blame other people
for going all in Bitcoin, it's their right to do that, because they have the authority to use the money they have. Let everyone make their own
decision, because the risk will be borne by each person. It's better to focus on our own strategy than to waste time thinking about others.

[awik p]

It's not a bad idea to go all in Bitcoin, especially if we are new to the crypto world and don't have enough knowledge to look for other good projects
for investment. It is better to invest only in Bitcoin, than to choose the wrong projects. But maybe the results will not be optimal, because there are
actually several potential altcoins that can provide large profits. That's why I always recommend continuing to study the crypto world, so that
we can choose good altcoins for investment. So we can make more profit from the crypto world, however it is better to store eggs in several baskets.

Going all in isnt bad as long you do know the risk and also going all in with bitcoin is much more better rather than on considering some shit coins in the market.So i would really be taking this as a good step

but not all would really be that keen on investing on a single coin and would diversify on certain coins in the market.Its your money though so its your decision to take because when it comes to losses

you are the only ones who would experience it not us. So be careful on what decisions you would take.

I believe everyone has their own strategy when it comes to investing in cryptocurrencies. There are people who don't want to be bothered
by doing research or analysis, for reasons of busyness, so he only invests in Bitcoin which is proven to be safe. We can't blame other people
for going all in Bitcoin, it's their right to do that, because they have the authority to use the money they have. Let everyone make their own
decision, because the risk will be borne by each person. It's better to focus on our own strategy than to waste time thinking about others.

the rest we can only give advice, which is a decision for each individual. I don't think there's anything wrong with investing only in bitcoin, where the investor just wants to hold it for the long term and doesn't want to make things difficult for themselves. it is different with investing in new altcoins, where we have to monitor, analyze and must be careful with the analysis we have made, and even then sometimes we are still wrong in analyzing it. by investing in bitcoin then we can do other activities in peace

[Sollaes]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Bitcoin is the safest and the most reliable token, moreover all altcoins follow its global trends, so I don’t think that it is risky to invest all your capital only in Bitcoin. On the other hand, it is better to hold several coins, because this way you can earn more, as when it is a bull run. Bitcoin grows and altcoins grow even more, you will get much more.

[mrongos]

I think if you are all in Bitcoin, then it is not too risky for you, because Bitcoin is the king of cryptocurrency, so it is good to be used as a long-term investment, because the price will definitely increase and can give you a big profit in the future, so it's indeed a good choice for you to make a long-term investment, it's just that the profit you can earned by investing in Bitcoin can't be as big as altcoin, because I think the profit you get depends on the risk and the risk of investing in altcoin is very big compared to Bitcoin, so of course the profit you can get from investing in altcoin can be bigger than Bitcoin.

it's also true as you said, if we are in bitcoin, the risk problem is definitely very less, we will definitely get profits, but it takes a long time, it takes tremendous patience, in contrast to altcoins which have big risks and we can also get big profits. big,, but we also have to save a little of our money in the bank, for our daily needs..

[spyderbilt]

I think you have thought carefully if you put it in one basket. I think you are ready with all the risks.
being in one BTC basket or trying to split across multiple altcoins it doesn't matter, what matters is your management and your management. I hope you're lucky

[Wawa2013]

~

Going all in isnt bad as long you do know the risk and also going all in with bitcoin is much more better rather than on considering some shit coins in the market.So i would really be taking this as a good step

but not all would really be that keen on investing on a single coin and would diversify on certain coins in the market.Its your money though so its your decision to take because when it comes to losses

you are the only ones who would experience it not us. So be careful on what decisions you would take.

I believe everyone has their own strategy when it comes to investing in cryptocurrencies. There are people who don't want to be bothered
by doing research or analysis, for reasons of busyness, so he only invests in Bitcoin which is proven to be safe. We can't blame other people
for going all in Bitcoin, it's their right to do that, because they have the authority to use the money they have. Let everyone make their own
decision, because the risk will be borne by each person. It's better to focus on our own strategy than to waste time thinking about others.

the rest we can only give advice, which is a decision for each individual. I don't think there's anything wrong with investing only in bitcoin, where the investor just wants to hold it for the long term and doesn't want to make things difficult for themselves. it is different with investing in new altcoins, where we have to monitor, analyze and must be careful with the analysis we have made, and even then sometimes we are still wrong in analyzing it. by investing in bitcoin then we can do other activities in peace

I agree that in the end we all can only give each other advice, because the final decision is in the hands of each of us, so make sure we do some
research and analysis before making a decision. So we can avoid taking wrong decisions, most people who fail to invest in crypto, because they
depend on the opinions of others which are not necessarily accurate. We must be able to do research and analysis by ourselves, so we can know
which coins are potential to buy. So if the results of our analysis are only profitable investments in Bitcoin, there is nothing wrong with going all
in Bitcoin. Because investing in altcoins is more complicated and not as safe as investing in Bitcoin.

[Bullethead21]

I dont give any advices but I did the same like you but I started in 2011. I put all my Money in one basket "Bitcoin" and it was no fault ;-)
Bitcoin is for me still good, but I go with the tech instead the secure and I swapped arround 4 weeks ago, all my BTC into Ether.
Ether is for me at the moment a gamechanger... POS is the next big think for me, because with BTC I had the problem, that if I want to take some consum I need to sell my BTC... The BTC holdings dont grew up, counted in BTC, only in USD.

POS will give me yearly actually arround 6%, which is still after paying taxes enough... Thats why I changed full into Ether. If longterm BTC or Ether will make the run its not important for me... I get my POS Reward and can have still fun, without touching my Ether Base holdings.

[isaac_clarke22]

you must be a tough guy because it is almost impossible to stay away from altcoins , i have traded at least 100 altcoins some of it was scam some of them went to moon but in the end i believe best strategy is find the strongest project like sol , link , dot , egld and hold it can u imagine what happens if u find the next ethereum at the begginning ?

Yes it is possible. If you're into long-term hodling BTC, most likely you're gonna just root with it and never ever look again into other coins.
You could be trading other coins, but in the long run, it is still gonna be BTC.
Should I also call myself a tough one?

[monig]

Your patience for long time is appreciated.You will be already in good profit. But if you diversify some of your funds in top other coins then Return is much more than this.
Risk factor for holding BTC is less than the others.

[tiCeR]

you must be a tough guy because it is almost impossible to stay away from altcoins , i have traded at least 100 altcoins some of it was scam some of them went to moon but in the end i believe best strategy is find the strongest project like sol , link , dot , egld and hold it can u imagine what happens if u find the next ethereum at the begginning ?

The main reason why you are chasing 100 other altcoin is because you think you can invest in the next Bitcoin and earn a fortune and end up loosing money . It is a problem for many, rather than investing in Bitcoin for the long run and have patience they look for alternatives. I have invested in a few considering how the developers could convince us with their white paper and if you find good projects then even i will not miss them.

Seriously, alt coins are not all that bad and you also don't buy a single stock usually and just sit on the sideline and wait without observing the market for other investment opportunities. Additionally, the space is fun and being part of it also requires a bit of effort and learning from time to time. When you read about an exciting new technology, why not give it a try with a little investment if you can bear it? I agree that Bitcoin is the safest bet for long-term investments, but that doesn't mean you should close your eyes and stop watching the space and also stop investing once and for all when you hold Bitcoin.

[Freezingel]

you must be a tough guy because it is almost impossible to stay away from altcoins , i have traded at least 100 altcoins some of it was scam some of them went to moon but in the end i believe best strategy is find the strongest project like sol , link , dot , egld and hold it can u imagine what happens if u find the next ethereum at the begginning ?

The main reason why you are chasing 100 other altcoin is because you think you can invest in the next Bitcoin and earn a fortune and end up loosing money . It is a problem for many, rather than investing in Bitcoin for the long run and have patience they look for alternatives. I have invested in a few considering how the developers could convince us with their white paper and if you find good projects then even i will not miss them.

Seriously, alt coins are not all that bad and you also don't buy a single stock usually and just sit on the sideline and wait without observing the market for other investment opportunities. Additionally, the space is fun and being part of it also requires a bit of effort and learning from time to time. When you read about an exciting new technology, why not give it a try with a little investment if you can bear it? I agree that Bitcoin is the safest bet for long-term investments, but that doesn't mean you should close your eyes and stop watching the space and also stop investing once and for all when you hold Bitcoin.

Agree. Bitcoin sure is great, but nowadays there are quite a lot of altcoins which have a great potential too. I don't say that putting everything in one basket is bad, although it might have a big risk, it'll surely have a big chance of profit in return as well. However, if they can find other profit opportunity in those altcoin, why pass them on? Especially bitcoin sometimes went down as well, so having some profits from altcoin might help. But well, if they just want to put all in bitcoin and plan it for long term without needing some short term profits then i guess it's ideal enough.

[Abiky]

Whatever you invest in...just remember in order for your 1k to double if you choose BTC, it would also need to double. I say use the money to invest in ALT coins.
ETH would double and triple if not more while BTC wouldn’t even double from here. Maybe it goes back up to 60K

Investing in a single cryptocurrency is an extremely risky move. You're better off diversifying your investment into different coins to minimize risks as much as possible. It's no secret that Bitcoin is an extremely-volatile crypto asset. Prices go up and down constantly, making you either poor or rich in an instant. I've seen times where Bitcoin goes down, while some altcoins go up. Ethereum is a good example of an altcoin that goes up when Bitcoin goes down. You'd earn a lot more money by holding multiple cryptocurrencies and selling them at the right time. Combine your traditional crypto investments with stablecoins and you'll be on a road towards non-stop success.

Ultimately, the decision of buying or selling a coin lies in yourself. As long as you play your cards right, you'll have nothing to worry about. Bitcoin is set towards becoming extremely valuable in the future, so what better way to multiply your money by investing in it now? The future is all about crypto/Blockchain tech, so investing into any prominent crypto asset is a smart move that will make you financially stable for years on end. Just my thoughts

[gwdf1]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

I think that it will be much more profitable if you diversify and pick up the bag of different currencies. Even if you don’t trust altcoins, you can choose something reliable like Ethereum and BNB. If you are not tolerant to risks, don’t choose new coins or some that are not in top-100 on coinmarketcap. Also you can invest in stable coins and then invest them in defi-projects to get interests from staking.

[MFahad]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

I think that it will be much more profitable if you diversify and pick up the bag of different currencies. Even if you don’t trust altcoins, you can choose something reliable like Ethereum and BNB. If you are not tolerant to risks, don’t choose new coins or some that are not in top-100 on coinmarketcap. Also you can invest in stable coins and then invest them in defi-projects to get interests from staking.

Buying only bitcoin is the safest approach but it wont give bigger returns like other altcoins can give. Bitcoin is not 45000$ and when it reaches 90,000$, your investment will be double. However, by investment in smaller altcoins, your investment can easily become 5x-10x range.

[Kusman]

To be honest, I don't think that it is a good choice to put your all eggs in one basket. I think that you should diversify you investments like Bitcoin, Ethereum and BNB for example. Because when you invest into only one cryptocurrency, you wish it to go higher as it's your only choice. But if you invest into some other cryptos also, then you may lose money in one of them but make a good amount of money in the other one(s).

[Pbacala]

I just saw the name of the topic, i have no idea what anyone said here but sometimes .... better to be yolo instead of actually doing something or trying to invest some overall money just for some potential benefit with a diversified portofolio.

from time to time is good to try your best only on one idea. nothing more just that, that's like a feeling that we all should have and nothing more..

i hope this doesn't upset any smart ass but i have the right to say to anyone: man if you want to risk, go for it. being safe aint all the time the best option you can have.

[dzonikg28]

To be honest, I don't think that it is a good choice to put your all eggs in one basket. I think that you should diversify you investments like Bitcoin, Ethereum and BNB for example. Because when you invest into only one cryptocurrency, you wish it to go higher as it's your only choice. But if you invest into some other cryptos also, then you may lose money in one of them but make a good amount of money in the other one(s).

Well, if you are young enough and you feel ready to bear a big risk, it can pay off to go all in. A lot of people made it that way and became golden, but many many more than those who succeeded probably failed. If you are young there is enough time to recover from a backlash, but I wouldn't act the same way when I had kids or were older (unless I have nothing to lose anyway).

[Sir Legend]

Your patience for long time is appreciated.You will be already in good profit. But if you diversify some of your funds in top other coins then Return is much more than this.
Risk factor for holding BTC is less than the others.

He deserves success because of his patience for a long time. holding for a long time is the best strategy, actually I want to hold bitcoin for a long time but because of the temptation to buy new things made me sell bitcoin a while ago, and now I will start to buy and hold for a long time.

[nicecrypto]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

I think that it will be much more profitable if you diversify and pick up the bag of different currencies. Even if you don’t trust altcoins, you can choose something reliable like Ethereum and BNB. If you are not tolerant to risks, don’t choose new coins or some that are not in top-100 on coinmarketcap. Also you can invest in stable coins and then invest them in defi-projects to get interests from staking.

I agree with you in investing in some Altcoins as well and not that I might not invest all in bitcoin if I wanted to also because I believe that Bitcoin is worth that kind of investment however, I do see Alts like Ethereum, BNB, Cardano and some others are also worth investing in for a long term.

[rosebrand]

The fact there is putting all eggs in one basket is not good, but from the look of things I think your case is different, you invested in bitcoin long time ago and by this time you are already in cool profit, so I think you should take profit and allow the rest to flow, investing only on bitcoin can be good as well because it helps to reduce the risk of loosing, altcoins price movement is determined by bitcoin, If bitcoin is down by 10% some altcoins might already be down by 30%

[tiCeR]

you must be a tough guy because it is almost impossible to stay away from altcoins , i have traded at least 100 altcoins some of it was scam some of them went to moon but in the end i believe best strategy is find the strongest project like sol , link , dot , egld and hold it can u imagine what happens if u find the next ethereum at the begginning ?

The main reason why you are chasing 100 other altcoin is because you think you can invest in the next Bitcoin and earn a fortune and end up loosing money . It is a problem for many, rather than investing in Bitcoin for the long run and have patience they look for alternatives. I have invested in a few considering how the developers could convince us with their white paper and if you find good projects then even i will not miss them.

Seriously, alt coins are not all that bad and you also don't buy a single stock usually and just sit on the sideline and wait without observing the market for other investment opportunities. Additionally, the space is fun and being part of it also requires a bit of effort and learning from time to time. When you read about an exciting new technology, why not give it a try with a little investment if you can bear it? I agree that Bitcoin is the safest bet for long-term investments, but that doesn't mean you should close your eyes and stop watching the space and also stop investing once and for all when you hold Bitcoin.

Agree. Bitcoin sure is great, but nowadays there are quite a lot of altcoins which have a great potential too. I don't say that putting everything in one basket is bad, although it might have a big risk, it'll surely have a big chance of profit in return as well. However, if they can find other profit opportunity in those altcoin, why pass them on? Especially bitcoin sometimes went down as well, so having some profits from altcoin might help. But well, if they just want to put all in bitcoin and plan it for long term without needing some short term profits then i guess it's ideal enough.

It also doesn't work that way for most of us to be honest. We are in this space because we are passionate about it, we want to keep track of innovations and we want to be part of what's happening. When you are a pension fund manager or so, you are probably not going to put money into alt coins of all different sorts, but as someone who is putting a lot of time and effort into the space also for enjoyment, it is almost impossible you aren't going to tap your toe into the waters and try some of the other cryptocurrencies. That keeps you involved, that is what drives you to read the newest articles and much more.

[ampu]

It's okay, the market is always moving around Bitcoin. Crypto trends will end soon and capitalization will continue to flow to Bitcoin.  That's how the market has worked for years. Holding Bitcoins and doing something else is a great thing. Until you really need money to sell your Bitcoins, Bitcoin will always be the best all-in investment. It's hard to believe you've been holding your Bitcoins since 2013. Really admire your perseverance.

[Semar Mesem]

To me, this seems like nonsense because investing all your assets in Bitcoin is nothing but nonsense. I have divided my cryptocurrency into several parts and invested the largest part bitcoin, The rest of the other parts of the market have invested on various coins.

I don't think it's nonsense because many people are too fanatical about just 1 or 2 coins, especially bitcoin which has the biggest marketcap and is certainly the safest crypto for long term compared to others crypto (altcoins).

[Rajamuda]

The right decision certainly hold bitcoin in the long term, even that can be said to be a very long way. We here know that bitcoin has an increasing popularity in the investment things, even more people are now more familiar with Bitcoin. For me personally, I set aside for the long term and some in the short term, I use the short term for if there is a need in my life that cannot be denied.

[dzonikg28]

The right decision certainly hold bitcoin in the long term, even that can be said to be a very long way. We here know that bitcoin has an increasing popularity in the investment things, even more people are now more familiar with Bitcoin. For me personally, I set aside for the long term and some in the short term, I use the short term for if there is a need in my life that cannot be denied.

Holding long-term in crypto means something different usually than holding long-term in the typical stock market. Still, holding onto something for 6 or 7 or 8 years is tough to do and when it is a market with extreme volatility and high uncertainty, it is even harder. When you hold stocks of a business, you can follow certain measures and adjust your portfolio. If you take a car company you can see their output, compare it to others, you know what the trends are and so on. There also won't be a law in one year from now that cars are forbidden in the future. Bitcoin is completely different and it requires a lot of critical thought to frequently conduct proper due diligence on your investment. Much more in my opinion that in the traditional stock market. Bitcoin turned out to be a great investment so far and it might keep doing so in the future, but staying up to date can be cumbersome.

[Kasabus]

The right decision certainly hold bitcoin in the long term, even that can be said to be a very long way. We here know that bitcoin has an increasing popularity in the investment things, even more people are now more familiar with Bitcoin. For me personally, I set aside for the long term and some in the short term, I use the short term for if there is a need in my life that cannot be denied.

Short-term trading could give good profit as well, the only requirement is you need to have good capital and you should be consistent in trading, we have the opportunity to make more money here since the market is so volatile, too risky but the reward is very satisfying.

For long-term investment, it's good for retirement, but you should also have a job or business to sustain your needs in order not to touch your long term investment.

[ayaanajones_crypto]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

In my opinion, putting all eggs in one basket is not advised.

Bitcoin yields higher returns. It's a good thing that you haven't sold any since 2013.

But there are other cryptos that are as potential and powerful as Bitcoin. You may consider investing in them too.

Many innovative project are boosting in the crypto and blockchain space and they seem promising to offer better profits.

That's it.

[Xinarae*]

Bitcoin is a very good currency for investing but I think if you have a lot of capital, you can invest in bitcoin as well as hold ethereum. The value of both currencies is much better in the crypto market for longterm retention then you can make a profit from both sides in addition with the rise in the price of bitcoin many new altcoins are being added to the market and you can earn something in the short term by trading every day. By doing this you will be able to achieve profit in all aspects.

[Hendra gunawan]

Bitcoin is a very good currency for investing but I think if you have a lot of capital, you can invest in bitcoin as well as hold ethereum. The value of both currencies is much better in the crypto market for longterm retention then you can make a profit from both sides in addition with the rise in the price of bitcoin many new altcoins are being added to the market and you can earn something in the short term by trading every day. By doing this you will be able to achieve profit in all aspects.

Bitcoin is the number one currency in crypto. So don't hesitate to spend your all to buy bitcoins. Maybe some people still think that buying bitcoin is now too late because the price is too expensive. I think it's wrong, the proof is that bitcoin prices can go up and continue to reach new ATH.

[harapan]

You will probably be called crazy by most people for doing this, honestly it's very rare to see anyone that is in to cryptocurrency buy and hold just one coin out of the thousands of altcoins scattered around the market, all eggs in one basket is a bit risky, but since it's bitcoin and not those shitcoins out there then you should do just fine, I'm expecting another bull run real soon, we need to get bitcoin to $100k before the year ends.

[ninabobo]

All eggs in one basket is not the best plan in my humble opinion. For example, bitcoin falls by several percentage points when I write this post, and etherium turnover shows an increase of 0.5% If you have coins from at least the TOP-5 in any shares, it will insure you against the fall of any individual of them. Whereas if you only have one thing - the risk will increase, although the potential profit will also. The question is, do you need this risk or not?

You got that right putting all eggs in one basket isn't the best option, in a bull season I have seen some altcoin rise higher than others, this is more reason we should diversify our portfolio, holding only bitcoin might not fetch us the profit we want, yes we all know the crypto market is all about risk and reward, take the risk and win big, some people choose bitcoin because it's less risky due to it's volatility is much more lesser than that of altcoins.

[Kayum10029]

Investing all dollars in Bitcoin is nothing but a kind of nonsense. I have invested all my cryptocurrencies in a few steps. However, I have invested the most bitcoin. I have invested the remaining 25% etherium and I have invested the rest by selecting other points.

[freedomgo]

Investing all dollars in Bitcoin is nothing but a kind of nonsense. I have invested all my cryptocurrencies in a few steps. However, I have invested the most bitcoin. I have invested the remaining 25% etherium and I have invested the rest by selecting other points.

That's nonsense for me as we investors have different investing strategy and we do what we think will work for us. If you invested all your money on BTC in the early days, you would not have to work now as the funds have significantly grown which would give you an early retirement. Maybe diversification of investment would minimize the risk, but overall crypto is still a high risk.