finaleshot2016
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May 11, 2021, 03:51:54 PM |
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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.
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mamiko
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May 11, 2021, 10:32:08 PM |
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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.
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pixie85
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May 11, 2021, 10:33:55 PM |
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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.
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gribalenfeksiyon
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May 11, 2021, 11:22:20 PM |
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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.
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Kabul
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May 11, 2021, 11:57:33 PM |
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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
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samsul1234
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May 12, 2021, 01:25:27 AM |
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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
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johnwest
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May 12, 2021, 01:37:05 AM |
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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.
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LogitechMouse
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May 12, 2021, 02:30:27 AM |
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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).
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sumant
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May 12, 2021, 04:50:33 AM |
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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.
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bayudndy
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May 12, 2021, 05:37:39 AM |
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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.
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Lorence.xD
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May 12, 2021, 05:47:42 AM |
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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.
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grabpopcorn536
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May 12, 2021, 08:15:48 AM |
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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.
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ccnets
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May 12, 2021, 09:17:04 AM |
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I am very impressed by holding it since 2013
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Chato1977
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May 12, 2021, 09:39:40 AM |
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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.
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ILuckyGuyI
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May 12, 2021, 09:44:11 AM |
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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.
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online73
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May 12, 2021, 11:09:59 AM |
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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.
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giantrobot
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May 12, 2021, 11:19:08 AM |
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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.
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FanEagle
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May 13, 2021, 05:22:50 PM |
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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.
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Tahsin Kabir Kollol
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May 13, 2021, 06:02:04 PM |
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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.
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xiboothrezi
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May 13, 2021, 11:44:47 PM |
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--- 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.
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