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

[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.

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[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.