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

[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..