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

[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 .