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

[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.