Bitcoin price motivation benchmark:

[TravelMug]

I would say you are bitcoin maximalist hehehe there is a lot of user like you who only invest in bitcoin only and are focused on long term. is it good too if you continue DCA the bitcoin.

But are you really didn't want to taste the volatility of altcoin? I know that some of altcoin is pump and dump scheme but there is good coin like ETH or BNB and ADA

Yes, there are for sure, we don't have the numbers, but with the way the community works and see how OG here like in this thread like?  Wall Observer BTC/USD - Bitcoin price movement tracking & discussion, majority are bitcoin maximalist.

And who is to blame, bitcoin has been the prime mover so it's the first crypto that everyone knows and probably it's the only one that entice us to join here in the first place. So best of luck to the OP and to the rest of bitcoin maximalist who continue to accumulate. Those individuals who are really tough because they have to go a lot specially in the bear market but just continue to accumulate.

[1715140386]

1715140386

[1715140386]

1715140386

[aylabadia05]

[snip]

Bitcoin has a cycle to help calculate its movement unlike those altcoins that have high centralization, subject to pump.

I am happy when I read this. The average altcoin is just a disposal even though there is a small percentage of altcoins that have good potential to save because their price also depends on Bitcoin and the returns are also quite good when the price of Bitcoin increases, but the decision to make a 100% portfolio without altcoins is a good decision.
I also do the same. Early in 2023 I have also cleared all the altcoins in my portfolio and it gives me a clean view when I occasionally open it.

[CarnagexD]

For me Bitcoin has been my 100% portfolio and up to this point, I am glad that I choose that part even though Bitcoin price has undergone a lot of changes lately, my BTC vs $ balance has shown green and also red-negative movements which is a pointer to the activeness of bitcoin volatilities.

Knowing that Bitcoin is volatile in DCA pricing and also having a balanced market that shows not too much of a sign, e.g. 50% price movement within a few hours which is a sign of pump, or a drop in price significantly below 50% which is a sign of dumped.

Bitcoin has a cycle to help calculate its movement unlike those altcoins that have high centralization, subject to pump.

Well bitcoin is more stable than other altcoins next to tether. It's nice for ou that you already know what asset make sense for you the most holding and it's 100% btc on you. It always lie down on how much level of trust do you have of what you are holding. Because if you have too little, tendency is you will sell it on fake dumps.
 
I also think that you have a very clear timeline which sets the tone for you not to be fearful when market is tanking but to DCA. You had a plan laid out which separates you from other losing trader/investors. Knowing that the market move in cyclical manner would be a good mindset to stay on your lane and continue following your plan until it is achieved.

[Strongkored]

Bitcoin has a cycle to help calculate its movement unlike those altcoins that have high centralization, subject to pump.

Bitcoin is indeed more able to provide certainty of profit for long-term investments but altcoins can be used as a way to increase our number of bitcoins if one of the altcoins we choose turns out to be pumpable by someone else and we benefit from this action, only that is too speculative because like what you say is too centralized so that developers or anyone who has a large portion of holding the altcoin will have the opportunity not only to increase the price but also to drop it to create panic so that we are very likely to sell at a loss, so Bitcoin is better for those who like calm and who prefer it for the long term.

[dunfida]

For me Bitcoin has been my 100% portfolio and up to this point, I am glad that I choose that part even though Bitcoin price has undergone a lot of changes lately, my BTC vs $ balance has shown green and also red-negative movements which is a pointer to the activeness of bitcoin volatilities.

Knowing that Bitcoin is volatile in DCA pricing and also having a balanced market that shows not too much of a sign, e.g. 50% price movement within a few hours which is a sign of pump, or a drop in price significantly below 50% which is a sign of dumped.

Bitcoin has a cycle to help calculate its movement unlike those altcoins that have high centralization, subject to pump.

Well bitcoin is more stable than other altcoins next to tether. It's nice for ou that you already know what asset make sense for you the most holding and it's 100% btc on you. It always lie down on how much level of trust do you have of what you are holding. Because if you have too little, tendency is you will sell it on fake dumps.
 
I also think that you have a very clear timeline which sets the tone for you not to be fearful when market is tanking but to DCA. You had a plan laid out which separates you from other losing trader/investors. Knowing that the market move in cyclical manner would be a good mindset to stay on your lane and continue following your plan until it is achieved.

Gone are the days on which it could really move 5%-10% a day which it turns out to be a normal thing on day to day basis but now we arent moving that much unless if there would be some significant news or totally
that random movement just because there are some whales who had sold or bought huge chunks of coins on which it did really cost some impact but not really that much.This is really the best or good thing on having that huge community support or market on where it cant really be just dumped all the way because there are lots who had been waiting to buy in the dip. If for OP had made 100% on his portfolio to be Bitcoin then we do have our own choice because its our money after all.

Keeping having  that DCA would be always the key on making your port grow despite of the lessening or dumping of its fiat value.We are holding for long term on here and it cant
really just be avoided that there might be some emotional effects or anxiety in towards your investment but if you are really having that kind of belief then you would really be having that fixed target.

[ancafe]

For me Bitcoin has been my 100% portfolio and up to this point, I am glad that I choose that part even though Bitcoin price has undergone a lot of changes lately, my BTC vs $ balance has shown green and also red-negative movements which is a pointer to the activeness of bitcoin volatilities.

Talking about bitcoin volatility can sometimes be very unpredictable and a 100% portfolio of dibitcoin assets is much better than trying to get the top altcoins to hold onto. But not everyone thinks the same and most will try to put a few percent on the top altcoins and in a bull market they will benefit according to each person's investment pattern.

Because the top altcoins can also make profits when people can take advantage of conditions, regardless whether altcoins follow the bitcoin trend or not because in essence trades are made only for profit and even though they don't ignore risks.

Knowing that Bitcoin is volatile in DCA pricing and also having a balanced market that shows not too much of a sign, e.g. 50% price movement within a few hours which is a sign of pump, or a drop in price significantly below 50% which is a sign of dumped.

People who have much smaller capital still have great confidence in DCA, even though the level of price and market stability is not balanced, but if the investment pattern is long-term and our capital is much less then this is the only opportunity we have. It is this price volatility that can sometimes lead someone to take advantage of much larger purchases, when prices can show a 50% or more drop, regardless of how much capital they have to enter the buying market.

[davis196]

Bitcoin has a cycle to help calculate its movement unlike those altcoins that have high centralization, subject to pump.

Do you say that you could predict the price movement of Bitcoin? Congratulations, you must have become a millionaire by now.
I wonder why many Bitcoin investors cannot predict the movement of this so called "cycle", which determines the Bitcoin price?
How does the centralization of a coin affect it's demand? Even centralized coins can have high demand and increasing prices.
I'm not talking about the pump & dump shitcoins(or memecoins), where the price is artificially pumped.
The level of desentralisation has little to do with the market forces of supply and demand.

[Husires]

Investing in altcoins is good if it is according to a specific strategy and for a short period it can be a good tool to collect more bitcoins, but buying and hoping to make a quick profit is not a wise strategy as you are not diversifying investments but rather exchanging an asset with a discount as the simple definition of the asset is any Something that has value in itself and has demand, and assuming that altcoins do not have value in its own right, then demand is what will move the market.

The demand for Bitcoin is continuous and for altcoins is seasonal, so it is foolish to bet on it.

• Try as much as possible to avoid investing when everyone wants to buy an altcoins or when there is a rise in the price.
• Work hard to know the factors that will lead to an increase in demand in the short term, including an increase in the price, and some of the factors that may lead to an increase in demand is an increase in currency burning, technical development, and others.

[AakZaki]

Quite impressed with the 100% BTC Portfolio, you really believe in bitcoin and indeed it is a good long term investment compared to many altcoins that are held. But if I make an investment, maybe 70% I will allocate for Bitcoin and the remaining 30% I will put into a potentially good Altcoin. Because we also need to make movements in several other altcoins. Doing DCA is also a good strategy to continue to accumulate Bitcoin assets.

[suzanne5223]

Knowing that Bitcoin is volatile in DCA pricing and also having a balanced market that shows not too much of a sign, e.g. 50% price movement within a few hours which is a sign of pump, or a drop in price significantly below 50% which is a sign of dumped.

I am happy you have a solid enthusiasm for Bitcoin but I don't agree with you when you said the market is showing 50% price movement which makes it hard to differentiate whether it's going to pose the bear or pump trend because whenever there's network congestion or a huge number of an unconfirmed transaction the Bitcoin market is always prone to dump in price.

[Ojima-ojo]

Bitcoin has a cycle to help calculate its movement unlike those altcoins that have high centralization, subject to pump.

Do you say that you could predict the price movement of Bitcoin? Congratulations, you must have become a millionaire by now.
I wonder why many Bitcoin investors cannot predict the movement of this so called "cycle", which determines the Bitcoin price?
How does the centralization of a coin affect its demand? Even centralized coins can have high demand and increasing prices.
I'm not talking about the pump & dump shitcoins(or meme coins), where the price is artificially pumped.
The level of decentralisation has little to do with the market forces of supply and demand.

Stop being sarcastic mate, I did not say I can predict the price of Bitcoin within a cycle, what I mean is that Bitcoin market speculations are based on a 3-6 months cycle to declare market conditions be it a bear market or a bull market.

Regardless we can only speculate the price bitcion without any third party needed.

[justdimin]

Quite impressed with the 100% BTC Portfolio, you really believe in bitcoin and indeed it is a good long term investment compared to many altcoins that are held. But if I make an investment, maybe 70% I will allocate for Bitcoin and the remaining 30% I will put into a potentially good Altcoin. Because we also need to make movements in several other altcoins. Doing DCA is also a good strategy to continue to accumulate Bitcoin assets.

I think that is not really that bad, I mean I wouldn't do it but I believe that it is not going to be as much as people think it will be and should be considered normal. Too many people are acting as if that's going to be something that we should be careful about and not do it, but the reality is that we should be considering the best possible thing we should, and that we should be fine with not really having anything else.

It would be very difficult if we could have just one thing I am careful about is not to get anything that would be risky for me and that would be something we all need to be careful about. Don't go full on anything else, and do not buy anything that is risky, just assume the best for bitcoin and that would be helpful for all of us.

[Smartvirus]

Quite impressed with the 100% BTC Portfolio, you really believe in bitcoin and indeed it is a good long term investment compared to many altcoins that are held. But if I make an investment, maybe 70% I will allocate for Bitcoin and the remaining 30% I will put into a potentially good Altcoin. Because we also need to make movements in several other altcoins. Doing DCA is also a good strategy to continue to accumulate Bitcoin assets.

I can't blame someone for being so 100% on bitcoin. In my experience, even when I felt I was on track with my analysis on altcoins and my expectations was just about time before it begins to materialise in favour, altcoins still got to dump in ways that I list expected. It's no surprise that bitcoin creates of follows these paths or systems of dynamics but with bitcoin, there are certain assurances.

Hence, one going all in gor bitcoin and being able to hodl for a long time is almost certain to profit off there hodlings. This has been the obtainable and its not broken till this moment.

[Ojima-ojo]

Quite impressed with the 100% BTC Portfolio, you really believe in bitcoin and indeed it is a good long term investment compared to many altcoins that are held. But if I make an investment, maybe 70% I will allocate for Bitcoin and the remaining 30% I will put into a potentially good Altcoin. Because we also need to make movements in several other altcoins. Doing DCA is also a good strategy to continue to accumulate Bitcoin assets.

I can't blame someone for being so 100% on bitcoin. In my experience, even when I felt I was on track with my analysis on altcoins and my expectations was just about time before it begins to materialise in favour, altcoins still got to dump in ways that I list expected. It's no surprise that bitcoin creates of follows these paths or systems of dynamics but with bitcoin, there are certain assurances.

Hence, one going all in gor bitcoin and being able to hodl for a long time is almost certain to profit off there hodlings. This has been the obtainable and its not broken till this moment.

That is true mate and to avoid getting tour heart broken many time, one need to avoid att the pump and dump market and focuse more on bitcoin, this is so important to anyone growing up in a portfolio as that will help to build your knowledge and skills in the direction of tour primary focused, let say bitcoin is a primary currency/investment, you can go deeper by applying some other form of knowledge in chart reading to make some DCA prediction of the market and taking advantage of Bitcoin volatility to make good profits in exchange bitcoin to dollar across each other.

But one can not achieve such a result in altcoin, this is because an altcoin is not knowledge-based development,  but rather for short-tespeculationsnns, so holding altcoin is a risk, not many profits from, so we are advised to avoid altcoin and focus on Bitcoin vs DCA.

[lixer]

For me Bitcoin has been my 100% portfolio and up to this point, I am glad that I choose that part even though Bitcoin price has undergone a lot of changes lately, my BTC vs $ balance has shown green and also red-negative movements which is a pointer to the activeness of bitcoin volatilities.

Knowing that Bitcoin is volatile in DCA pricing and also having a balanced market that shows not too much of a sign, e.g. 50% price movement within a few hours which is a sign of pump, or a drop in price significantly below 50% which is a sign of dumped.

Bitcoin has a cycle to help calculate its movement unlike those altcoins that have high centralization, subject to pump.

Generally, just like other people, I believe diversification is the best thing since it allows you to try other cryptocurrencies as well and you might even get some noticeable profits from some altcoins as we all know that altcoins are generally more volatile than Bitcoin because they have smaller prices, but, having and holding just Bitcoins isn't that bad.

If you talk about cycles and movement calculations, I honestly think that even if it has cycles, it is still not really easy to calculate its short-term movements and it can still move either way at any given time whether it is in a bull cycle or a bear cycle.

[yudi09]

-snip-

But one can not achieve such a result in altcoin, this is because an altcoin is not knowledge-based development,  but rather for short-tespeculationsnns, so holding altcoin is a risk, not many profits from, so we are advised to avoid altcoin and focus on Bitcoin vs DCA.

As an investment asset, Bitcoin is much better than altcoins. With regards to certainty, Bitcoin is also superior compared to altcoins.
Bitcoin also has risks but the risk is much lower than holding an altcoin that is synonymous with disposal.
However, I think that there are some altcoins that are still worth considering to keep with the aim of expecting returns because when the Bitcoin price goes up, some big altcoins will also follow and that's when people who hold altcoins can get a lot of profit.

100% of the portfolio contains Bitcoin, of course that's very good in my opinion. But setting aside a few percent for altcoins like Ethereum is also good for the purposes I stated above.
I agreed to focus on Bitcoin and try to avoid altcoins that don't have great potential.

[Semar Mesem]

many people hope that the price of bitcoin will skyrocket soon, they hope that the price can reach $ 100k soon this year so that the price in 2024 when the halving day occurs can reach $ 200k, in my opinion when the price goes up too fast then this is dangerous because it is easy to control, the better increase slowly, for example, an annual increase of 25% but routinely and continues to occur.

[Doan9269]

Quite impressed with the 100% BTC Portfolio, you really believe in bitcoin and indeed it is a good long term investment compared to many altcoins that are held. But if I make an investment, maybe 70% I will allocate for Bitcoin and the remaining 30% I will put into a potentially good Altcoin. Because we also need to make movements in several other altcoins. Doing DCA is also a good strategy to continue to accumulate Bitcoin assets.

Making bitcoin as the first priority of choice in cryptocurrency is one of the first best decision to make, the main time ome missed it like this he may hardly finds it difficult to get back on track because by then, alot of money would have been involved and lost away to the first mistake, there are few other currencies that are well to do aside bitcoin but that still doesn't place them on a higher priority than the bitcoin itself which is the king of cryptocurrency.

[el kaka22]

I do believe that having some money on the side so you could take advantage of these movements would be lovely but not everyone has that kind of cash on the side. There are two reasons why people do not have that, first of all some people make a mistake and they use all their money to buy all at once instead of DCA, and that can be avoided, that's the easy part if you di that then you should not do it ever again and I can see that fixed.

However, the other side is that majority of the world live in poverty, they can't spend any extra dime on bitcoin and that is why they fail to put more money into bitcoin since they do not have it, all likely they may end up selling the ones they already have. So, it is understandable that the strategy is good, but can't be done by all.

[AakZaki]

That is true mate and to avoid getting tour heart broken many time, one need to avoid att the pump and dump market and focuse more on bitcoin, this is so important to anyone growing up in a portfolio as that will help to build your knowledge and skills in the direction of tour primary focused, let say bitcoin is a primary currency/investment, you can go deeper by applying some other form of knowledge in chart reading to make some DCA prediction of the market and taking advantage of Bitcoin volatility to make good profits in exchange bitcoin to dollar across each other.

But one can not achieve such a result in altcoin, this is because an altcoin is not knowledge-based development,  but rather for short-tespeculationsnns, so holding altcoin is a risk, not many profits from, so we are advised to avoid altcoin and focus on Bitcoin vs DCA.

Altcoins are indeed at high risk because price fluctuations also depend on how bitcoin prices move. But some altcoins that are already strong and continue to follow or offset Bitcoin are other choices besides bitcoin. For example, like Ethereum, BNB and several other altcoins. I still have some ETH to go with Bitcoin long term and the price continues to follow bitcoin's direction.