I sold the altcoins and invested in Bitcoin"

[bitterguy28]

i appreciate your decision although we don't like to put everything in one basket, but in Bitcoin investment i think it always correct,
because it's safe investment from so called altcoins, i lost big amount even in the top cryptos,
although Bitcoin will not give high profits in short time as like altcoin, while profit is low so also it's very low risk investment.

sometimes if we are talking about  bitcoin ?  that comment does not really exist .


" Never Invest In single coin" or Dont put your egg in one basket"

those are only given in Altcoin mate but if we are talking to bitcoin that always there for safeties and possible increase?

then let OP have all His money in this valuable coin.

that's right, op has done a good job of determining his investment. especially if he sells altcoins in a profitable position and buys bitcoins for investment security, that is the right thing to do in my opinion, for me there is no problem if you only invest in one coin, namely bitcoin, but this should not be done for altcoins. considering that the core of cryptocurrency is bitcoin, the crypto movement is based on bitcoin. so even if there is a crash, we are sure that bitcoin will be able to recover, it is different with altcoins

correct , he is waiting for the Bull run in the next coming years so indeed that OP had decided perfectly and never put His money in single basket .
OP has a good sight for each positioning and with those? he continues to earn and maybe another halving will make Him a  money maker .

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[peter0425]

Now my question is, is it good for my future that I have sold my altcoins and invested in bitcoins?

The trust wallet I put my invested bitcoins in, is the trust wallet safe for my bitcoins?

it is still best to use Ledger or Trezor wallet mate for more safer investment and I believe that you are into long term holding so yes best for having an Offline wallet.

and has the answer on the first page , Like me I support using Electrum for some of my coins being hold Online ( funds that are ready for trading once there is a dump happened befoere the bullrun)

[Chato1977]

Now my question is, is it good for my future that I have sold my altcoins and invested in bitcoins?

You made a perfect decision ..

your future lies in this currency mate, forget about altcoin and just focus in Bitcoin .

[btc78]

i appreciate your decision although we don't like to put everything in one basket, but in Bitcoin investment i think it always correct,
because it's safe investment from so called altcoins, i lost big amount even in the top cryptos,
although Bitcoin will not give high profits in short time as like altcoin, while profit is low so also it's very low risk investment.

sometimes if we are talking about  bitcoin ?  that comment does not really exist .


" Never Invest In single coin" or Dont put your egg in one basket"

those are only given in Altcoin mate but if we are talking to bitcoin that always there for safeties and possible increase?

then let OP have all His money in this valuable coin.

that's right, op has done a good job of determining his investment. especially if he sells altcoins in a profitable position and buys bitcoins for investment security, that is the right thing to do in my opinion, for me there is no problem if you only invest in one coin, namely bitcoin, but this should not be done for altcoins. considering that the core of cryptocurrency is bitcoin, the crypto movement is based on bitcoin. so even if there is a crash, we are sure that bitcoin will be able to recover, it is different with altcoins

but his main concern now is about the wallet he is using and that is trust wallet that for me is one of good choices , and also try to have offline wallets such as mentioned above.

[bitterguy28]

I have been involved with Cryptocurrencies for the past almost 1 year.It's only been a few months since I joined the BitcoinTalk forum.

you did not joined few months ago because your account was created since january meaning you have been here for more than half a year .

I spend most of my time trading which I haven't spent much time on this forum. But I came to the Bitcointalk forum and observed various discussions about Bitcoin investment. Finally after much thought I analyzed Bitcoin and took the advice of a fellow knowledgeable investor. He gave me specific advice on the downsides of Bitcoin and market volatility.

not sure if this thread is another some kind of merit fishing that we have been seeing many times specially this year.

After full consideration I sold all the wallets I had Altcoins invested in. and with the amount of funds I made from that, I bought bitcoins and kept them in the trust wallet.

Now my question is, is it good for my future that I have sold my altcoins and invested in bitcoins?

The trust wallet I put my invested bitcoins in, is the trust wallet safe for my bitcoins?

it is depend on your decisioning mate , it is your money and it is your choice but ? putting all money in single coin is wrong but if you are into bitcoin? then that is a perfect decision .

[Lorence.xD]

The deed is done for now, as least from what you have said you've sold all the altcoins already. Although if I were you I would have held Ethereum that is if you have the coin already. Definitely with the market you can say your future is secured financially if you could hold enough to have the profit that will be best for you.

For now, if you are thinking about your future, it is definitely better to invest in Bitcoin. Because currently the Bitcoin market is at a minimum investment point which will go to a better level in the future. Already we can see that the Bitcoin market will be halved by the next year 2024. and then the price of Bitcoin will reach $100,000 so instead of thinking negatively, think positively about Bitcoin. You can invest in ethereum if you want but bitcoin will give you better profit so better to invest in bitcoin. Since Bitcoin has a chance to halve later in the year, investing in Bitcoin will no doubt make you a huge profit.

For real Bitcoin is a good choice to invest if you're planning in long term investment since as you said it's on minimum investment value. This could literally secure your future as Bitcoin might reach $100,000. But for me, I would still divide my investment for long term and short term. Some would go to Bitcoin and some to alternative coins such as ETH. I would just do quick flip in short term as those quick profits would sustain my needs currently. So and the other spare money would go straight to Bitcoin for me to hodl them for a long time til it reaches it's peak value.

[capitan_rocotan]

Well, it was your choice. However, I would suggest researching the different cryptocurrencies. Take the time to learn about the various cryptocurrencies available and their unique features and applications. This will help you identify which cryptocurrencies align with your investment goals and risk tolerance. XGo swap helps me a lot with that.

[Luzin]

So and the other spare money would go straight to Bitcoin for me to hodl them for a long time til it reaches it's peak value.

I have both. I think with both of them will have a good period with some altcoins that are able to survive. At least some good Altcoin periods always follow the direction of BTC movement. So I have a few altcoins that I think are pretty good to hold. But I also trade to continue accumulating BTC, because I believe BTC will have tremendous value as more and more believe in Bitcoin. In addition, with a limited number of hopes, it supports the law of demand and supply.

[nutildah]

you did not joined few months ago because your account was created since january meaning you have been here for more than half a year .

Not to mention he probably has alt accounts that are older, but they are probably banned or red tagged, so on to the next account.

not sure if this thread is another some kind of emrit fishing that we have been seeing many times specially this year.

That's exactly what it is. He probably took the sig campaign earnings from his various alts and put them in a single wallet. At least he's a saver. 

[Ahli38]

So and the other spare money would go straight to Bitcoin for me to hodl them for a long time til it reaches it's peak value.

I have both. I think with both of them will have a good period with some altcoins that are able to survive. At least some good Altcoin periods always follow the direction of BTC movement. So I have a few altcoins that I think are pretty good to hold. But I also trade to continue accumulating BTC, because I believe BTC will have tremendous value as more and more believe in Bitcoin. In addition, with a limited number of hopes, it supports the law of demand and supply.

Well having both is good enough. As long as we can get into altcoins that actually have pretty good potential. Analyzing Altcoins is also sometimes not too difficult. Fundamental analysis is needed if we want to hold a number of altcoins in the medium term. That is until the increase target is reached. Ethereum is one of the altcoins that I also currently hold. Because Fundamentally Ethereum is the strongest in terms of Fundamentals.

But for the long term I also stick to Bitcoin. Sometimes accumulating it consistently brings its own pleasure to me. especially when the target amount of accumulation is almost reached.

[ajiz138]

Now my question is, is it good for my future that I have sold my altcoins and invested in bitcoins?

What about your belief, is bitcoin or altcoin good? Not entirely altcoins failed but more precisely bitcoin is the best in my opinion.
Why do you show your balance? Shouldn't things like this be more privacy?

The trust wallet I put my invested bitcoins in, is the trust wallet safe for my bitcoins?

I'm a trust wallet user but I've never stored long on these wallets and now rarely use them except Electrum as temporary storage, I have a hardware wallet and it's the best wallet for me to store long term assets.

[synchronym]

I have been involved with Cryptocurrencies for the past almost 1 year. It's only been a few months since I joined the BitcoinTalk forum. I spend most of my time trading which I haven't spent much time on this forum. But I came to the Bitcointalk forum and observed various discussions about Bitcoin investment. Finally after much thought I analyzed Bitcoin and took the advice of a fellow knowledgeable investor. He gave me specific advice on the downsides of Bitcoin and market volatility.
After full consideration I sold all the wallets I had Altcoins invested in. and with the amount of funds I made from that, I bought bitcoins and kept them in the trust wallet.

Now my question is, is it good for my future that I have sold my altcoins and invested in bitcoins?

The trust wallet I put my invested bitcoins in, is the trust wallet safe for my bitcoins?

Op said he has been involved with Bitcoin for a year, I think he has a good understanding of Bitcoin, that's why he decided to sell Altcoins and invest in Bitcoin. I personally think that investing in Altcoins is as risky as coins I wouldn't say Bitcoin is risk free Bitcoin is risky but a little bit safer than Alt coins. So I would say to the Op that since you are involved in bitcoin since you are fairly well invested you have to be very careful if you are going to be successful with it.

[Wend]

So and the other spare money would go straight to Bitcoin for me to hodl them for a long time til it reaches it's peak value.

I have both. I think with both of them will have a good period with some altcoins that are able to survive. At least some good Altcoin periods always follow the direction of BTC movement. So I have a few altcoins that I think are pretty good to hold. But I also trade to continue accumulating BTC, because I believe BTC will have tremendous value as more and more believe in Bitcoin. In addition, with a limited number of hopes, it supports the law of demand and supply.

Well having both is good enough. As long as we can get into altcoins that actually have pretty good potential. Analyzing Altcoins is also sometimes not too difficult. Fundamental analysis is needed if we want to hold a number of altcoins in the medium term. That is until the increase target is reached. Ethereum is one of the altcoins that I also currently hold. Because Fundamentally Ethereum is the strongest in terms of Fundamentals.

But for the long term I also stick to Bitcoin. Sometimes accumulating it consistently brings its own pleasure to me. especially when the target amount of accumulation is almost reached.

Why not hold both for better profit optimization? While altcoins will be riskier than bitcoin, there's no denying that they can offer better returns than bitcoin. I also hold both instead of just focusing on bitcoin, I don't want to be a stubborn person who only believes in bitcoin and ignores thousands of other good opportunities with altcoins. Many bitcoin investors think that ETH is garbage, but so far, if anyone invests in it from the first days, the return it brings is not inferior to bitcoin.

[Tony116]

So and the other spare money would go straight to Bitcoin for me to hodl them for a long time til it reaches it's peak value.

I have both. I think with both of them will have a good period with some altcoins that are able to survive. At least some good Altcoin periods always follow the direction of BTC movement. So I have a few altcoins that I think are pretty good to hold. But I also trade to continue accumulating BTC, because I believe BTC will have tremendous value as more and more believe in Bitcoin. In addition, with a limited number of hopes, it supports the law of demand and supply.

Well having both is good enough. As long as we can get into altcoins that actually have pretty good potential. Analyzing Altcoins is also sometimes not too difficult. Fundamental analysis is needed if we want to hold a number of altcoins in the medium term. That is until the increase target is reached. Ethereum is one of the altcoins that I also currently hold. Because Fundamentally Ethereum is the strongest in terms of Fundamentals.

But for the long term I also stick to Bitcoin. Sometimes accumulating it consistently brings its own pleasure to me. especially when the target amount of accumulation is almost reached.

Why not hold both for better profit optimization? While altcoins will be riskier than bitcoin, there's no denying that they can offer better returns than bitcoin. I also hold both instead of just focusing on bitcoin, I don't want to be a stubborn person who only believes in bitcoin and ignores thousands of other good opportunities with altcoins. Many bitcoin investors think that ETH is garbage, but so far, if anyone invests in it from the first days, the return it brings is not inferior to bitcoin.

Yes, bitcoin is safer than all the rest of the market, but that doesn't mean we should just focus on it and miss the opportunity with altcoins. I find it funny how many people criticize the older generation for investing only in gold and real estate and ignoring potential investments like bitcoin. They criticized the other two assets as outdated and no longer providing good returns. But they are constantly opposed to others investing in altcoins, which is nothing more than intentional bias and hostility.

Although investing in altcoins is very risky, its returns are many times greater than that of bitcoin. Therefore, those who like to take risks and are willing to take risks should not ignore the potential that altcoins offer.

[Ahli38]

So and the other spare money would go straight to Bitcoin for me to hodl them for a long time til it reaches it's peak value.

I have both. I think with both of them will have a good period with some altcoins that are able to survive. At least some good Altcoin periods always follow the direction of BTC movement. So I have a few altcoins that I think are pretty good to hold. But I also trade to continue accumulating BTC, because I believe BTC will have tremendous value as more and more believe in Bitcoin. In addition, with a limited number of hopes, it supports the law of demand and supply.

Well having both is good enough. As long as we can get into altcoins that actually have pretty good potential. Analyzing Altcoins is also sometimes not too difficult. Fundamental analysis is needed if we want to hold a number of altcoins in the medium term. That is until the increase target is reached. Ethereum is one of the altcoins that I also currently hold. Because Fundamentally Ethereum is the strongest in terms of Fundamentals.

But for the long term I also stick to Bitcoin. Sometimes accumulating it consistently brings its own pleasure to me. especially when the target amount of accumulation is almost reached.

Why not hold both for better profit optimization? While altcoins will be riskier than bitcoin, there's no denying that they can offer better returns than bitcoin. I also hold both instead of just focusing on bitcoin, I don't want to be a stubborn person who only believes in bitcoin and ignores thousands of other good opportunities with altcoins. Many bitcoin investors think that ETH is garbage, but so far, if anyone invests in it from the first days, the return it brings is not inferior to bitcoin.

Although I would not dare to hold Altcoin in the long term (5-10 more years). But I personally do every day continue to trade in many altcoins. Apart from that, I also hold altcoins for medium-term investments, namely holding until the Bullish Market actually reaches its peak, which might be expected to occur after the bitcoin halving occurs. But we must always remember that holding Altcoins really should be scrutinized more carefully. even fundamental analysis really should continue to be used in altcoins. We must always stay up to date with the latest news and also continue to monitor the development of the altcoin project that we hold. Because if we miss important information, we may face big losses or not be able to get the maximum profit, such as project bankruptcy news, or other negative news that can bring down an altcoin project unexpectedly. or even positive news that can bring high price increases quickly. The point is playing in altcoins actually there are more things that must be continuously monitored if we want to keep minimizing the risks taken.

So I only like to get involved in altcoins for the short and medium term because well I also don't want to miss every moment that sometimes gives me multiple profits in a short time.
but for the long term I stay focused on bitcoin. In fact I routinely continue to put a few percent of my daily trading profits for accumulation Bitcoin with the DCA system.

[nimogsm]

Keeping everything in one place is not a good idea. Your deposit should be divided into at least two parts if this is all your savings. It will be unpleasant if you lose access to the wallet, so take care of security in advance and create at least one more account on another wallet and transfer part of the funds there.

[bayu7adi]

The majority of my asset allocation is also in Bitcoin, which accounts for two-thirds of my entire cold assets. My confidence in Bitcoin is on the rise, but for the future, I believe it's necessary to diversify my allocation to other assets. My ultimate plan would potentially involve allocating 50% to Bitcoin, 30% to stocks, and 20% to altcoins. Although this constitutes my disposable income, I still harbor great expectations for the crypto market's green movements, particularly in Bitcoin.

I have never sold anything to buy Bitcoin, stocks, or altcoins. Any funds I acquire for free will be immediately allocated to these three aforementioned areas. I still maintain the conviction that Bitcoin will have a positive impact on my financial situation for the next two years.

[tjtonmoy]

Now my question is, is it good for my future that I have sold my altcoins and invested in bitcoins?

Bitcoin was and will always be the best choice if you want to invest in cryptocurrency. Other altcoins are centralized shit. You can not convince me that they are good. Not gonna happen. I got scammed multiple times in the past after investing in alts. Now all I care about is Bitcoin. So the thing that you have done is very wise in my opinion. Others may say that other alts do give you profits. But how much are there? Doing all your work to find the best one while it is sitting right in front of you. I can not choose anything other than Bitcoin. History is the best teacher. Learn from it and you will know.

The trust wallet I put my invested bitcoins in, is the trust wallet safe for my bitcoins?

Bro, don't make the same mistake I did. My trust wallet got hacked once and all my funds were gone. Every time I sent a transaction, it got redirected to some random wallet address from my wallet. So software wallets are always at risk. I will recommend using hardware wallets to keep your funds safe.

[Fullcoinese]

Now my question is, is it good for my future that I have sold my altcoins and invested in bitcoins?

The trust wallet I put my invested bitcoins in, is the trust wallet safe for my bitcoins?

of course the choice to invest in Bitcoin is a good choice. but success or not depends on how you manage your investment assets.

i think a trust wallet is safe, but it would be safer if you use a cold wallet or a hard wallet because it is definitely better if you want to keep your investment long term.

[Ricardo11]

You made a very good decision, that you invested in Bitcoin by selling alt coins. Because Bitcoin will give us higher returns. We won't get as much return from altcoins now, as much as Bitcoin will give us. Because the Bitcoin bull market will start in a few days. And that will  will reach the value of Bitcoin by around 100k. Many Bitcoin experts think that the price of Bitcoin can even reach 120k. In this you will see that you can achieve the biggest success of your life.