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Author Topic: Are you risking investment in other things?  (Read 1181 times)
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September 06, 2023, 09:59:10 AM
 #141

I have bitcoin, some alts & a couple of real estate properties. I am not interested in diversifying into anything else. The majority of my net worth is in bitcoin & I intend to keep it that way. The current price will look like chumps change in a couple of years.

And some alts. I think that investing in some alts is a good idea. It doesn't have to be a big investment, depending on someone's possibilities, but setting aside 5% (more or less) for some interesting projects can pay off in the long run. And there are some good projects around that have a nice potential. In every bull run some new alt makes incredible progress.
Indeed, I do not recommend anyone to invest in altcoins as they are riskier than bitcoin, but it would not be so bad if we just invest a small part of our capital in them. Although altcoins have great risks, if we choose the right coin, it is clear that its profits will be very significant compared to bitcoin. Many people only focus on bitcoin and think that all altcoins are useless, which is really a waste because they are missing out on bigger opportunities.

We invest in cryptocurrencies to make profits, so we should not be too stubborn and ignore opportunities outside of bitcoin. As long as we invest a small amount, it will not cause too much damage to us.

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September 06, 2023, 10:12:53 AM
 #142

Bitcoin is supposed to be much more trustworthy than other coins. but in some cases the season does not always lead to bitcoin continuing. it also inevitably leads to altcoins where they call it altseason. I think we've all experienced this, and people who have experienced it definitely won't go through this. they must have kept other assets. apart from bitcoin, I think it was the right decision.

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September 06, 2023, 10:19:48 AM
 #143

I only invest in Bitcoin when it comes to the majority of my savings.

I trust Bitcoin when it comes to investments, because it is worth the wait rather than storing it in a bank which only gives you a very small amount of profits. Investing in other things that you have mentioned is also a good thing but it may take a while before you get to know it well for you to make profits in a certain period amount of time.
Banks isn't even the helping you save, their the worst place you can put your money in because of the low interest rates and they're overtaken now at least in my country by online banking systems when it comes to interest rates. I think that everyone's the same here when it comes to preference of investment since and other investment options aren't that accessible to many people like me who don't like the hassle of signing paperworks and in the end you don't have any control of your money unlike bitcoin.

But have you both thought about the risks and volatility of bitcoin?  volatility is great when it comes to investing but can be a barrier when it comes to saving.  when we talk about banking, we mean savings, mortgages...not just investments.  if you need money for business or investment, does bitcoin lend you money to do that? Or you need money for emergencies, can bitcoin lend you money?  Regarding savings, does bitcoin guarantee the value of your money in the short term?

By the way, you both use banks, right? If you still use the bank, don't speak ill of them.  bitcoin and banking both have their own use cases.

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September 06, 2023, 10:41:19 AM
 #144

No. I believe in my small business. but I still have a little faith in bitcoin and other coins, as a bounty hunter, airdrop or jobs generated by coins. but to make this a long term investment is too risky. I am very happy with the way I can generate coins without having to spend real money. it has increased my income.
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September 06, 2023, 11:15:49 AM
 #145

There is a halving coming next year to which many people who know and have bitcoins have set a target of the amount they hope to have in their holding by the time the bull run begins. I like to know if with this knowledge of bitcoin halving coming, if anyone is investing in anything other than bitcoins. I do not mean alt-coin but things like Real Estate, stocks, bonds etc. I know that Real Estate is good to invest in, but asides real estate, what else are you risking the money you should to invest more in bitcoins on?

Bullrun is not as always comes like before, and we now experiencing a bear market the price of the bitcoin is just kept sleeping or going down with sideways movement, so instead find a better source of income that gives a good income besides crypto risking with the business, real estate and etc. that could give a good money return is like preparing again for the next halving. Base on my experience I'm now planning my business even though its just a small still can manage to make a profit and money circulation but first better to pay all your debts and settle it out so you don't need to carry out more problem.

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September 06, 2023, 11:36:23 AM
 #146

Bitcoin is supposed to be much more trustworthy than other coins. but in some cases the season does not always lead to bitcoin continuing. it also inevitably leads to altcoins where they call it altseason. I think we've all experienced this, and people who have experienced it definitely won't go through this. they must have kept other assets. apart from bitcoin, I think it was the right decision.

Let take this as an observation to always make whenever we are dealing with bitcoin in cryptocurrency, bitcoin will always and definitely rise whenever it falls, when it's on the off season as some do call it whereby the market price go bearish, there lies another opportunity for it to rise again at all times because it's a volatile cryptocurrency, this trust and reliability is what makes others to know that bitcoin will never fail as some other coins do, but to perfect it all, all eggs are not safe being on the same basket, we can have other alternative investment incase of when bitcoin market go dip.



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September 06, 2023, 02:20:31 PM
 #147

It's wrong to put all your eggs in one basket, even as crypto is a good way of making money you still need to diversify your money in other things, like real business and also have some savings on going in case of emergency.

I have faith in Bitcoin and few other crypto assets but still, I have other things that I am managing that's giving me money, it doesn't have to be crypto only, because what if crypto goes down some day? You will find it hard to start over that's why it's better to get ready for any possibility.

The reason why many people struggles with crypto investment is because that's all they have ongoing, the moment the bears take over it will be hard for them to survive, that's why we see some people going back into their investment and selling some just so that they can eat and survive.

If you are doing this, you are doing it in a very wrong manner, do not let one source of income be everything you ever had or know, multiple source of income is the best way to stay away from future financial struggles.

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September 06, 2023, 02:55:39 PM
 #148

I have bitcoin, some alts & a couple of real estate properties. I am not interested in diversifying into anything else. The majority of my net worth is in bitcoin & I intend to keep it that way. The current price will look like chumps change in a couple of years.

And some alts. I think that investing in some alts is a good idea. It doesn't have to be a big investment, depending on someone's possibilities, but setting aside 5% (more or less) for some interesting projects can pay off in the long run. And there are some good projects around that have a nice potential. In every bull run some new alt makes incredible progress.
Indeed, I do not recommend anyone to invest in altcoins as they are riskier than bitcoin, but it would not be so bad if we just invest a small part of our capital in them. Although altcoins have great risks, if we choose the right coin, it is clear that its profits will be very significant compared to bitcoin. Many people only focus on bitcoin and think that all altcoins are useless, which is really a waste because they are missing out on bigger opportunities.

We invest in cryptocurrencies to make profits, so we should not be too stubborn and ignore opportunities outside of bitcoin. As long as we invest a small amount, it will not cause too much damage to us.

There's nothing wrong to invest at altcoin it would really depends on the coin you would invest with, cause for me I've invested in altcoin before but only for a quick-flip it's not much but I've still profit. But still it's not advisable for a long term investment due to its volatility is random like it really depends on the project some would literally rugpull it. Well I agree that maybe your spare capital or money maybe you could try small amount first for your own experience to altcoins if it suits for you so you can compare it to Bitcoin, what I mean is that you can make your own strategy with these coins. Still if you want to secure just stick with BTC.

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September 06, 2023, 03:27:10 PM
 #149

No. I believe in my small business. but I still have a little faith in bitcoin and other coins, as a bounty hunter, airdrop or jobs generated by coins. but to make this a long term investment is too risky. I am very happy with the way I can generate coins without having to spend real money. it has increased my income.

Bounty hunting can be profitable but it is not sustainable on the long term. The good thing about it and airdrop is that you actually don't invest real money on it only to do your weekly duty and get your post requirement but it is not sustainable in the sense that it could amount to waste of time if the reward is not sent to you or when you are not allowed to sell or it is not listed. Again I can't remember how many shit coins have had any bull lately. Doing bounty is not a real investment because it is not sustainable.
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September 06, 2023, 03:54:22 PM
 #150

Bitcoin is supposed to be much more trustworthy than other coins. but in some cases the season does not always lead to bitcoin continuing. it also inevitably leads to altcoins where they call it altseason. I think we've all experienced this, and people who have experienced it definitely won't go through this. they must have kept other assets. apart from bitcoin, I think it was the right decision
It should be as you said that bitcoin is much more trustworthy compared to other coins, because there are several things that make people more confident in holding bitcoin in the long term compared to other coins. But if you are one of those people who have more financial capabilities, then trying to invest in a number of places will be much better, for example, like gold or a business that can grow. Betting several investments in various places will actually provide more income, as long as we are able to run it properly and always evaluate any deficiencies that need to be fixed.

Many people invest in bitcoin as a step to reach the stage of financial freedom and place several investments in various places as a form of one's way of making consistent profits. If bitcoin is in a prolonged bearish condition then other investments become a balance and we can use the profits to meet all our life needs, because that is the reason I choose several investments and not all money is placed in bitcoin.

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Patrol69
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September 06, 2023, 04:04:29 PM
 #151

If you invest you have to take risk of money, if you invest only profit then who will take your risk. Wherever you invest, you have to take risks. If you think there is no risk involved in investing in the real estate business, you are living in a fool's paradise. Real estate business real business or crypto business wherever you invest you have to take risk. Before you invest your money in a physical business sector, can you be sure that your investment will be successful? People invest money in many ways and many succeed and many succeed after multiple attempts. There are risks in Bitcoin investment but if the risk can be invested then investing in Bitcoin is definitely more likely to be successful than investing in other investment sides.
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September 06, 2023, 04:59:52 PM
 #152

There is a halving coming next year to which many people who know and have bitcoins have set a target of the amount they hope to have in their holding by the time the bull run begins. I like to know if with this knowledge of bitcoin halving coming, if anyone is investing in anything other than bitcoins. I do not mean alt-coin but things like Real Estate, stocks, bonds etc. I know that Real Estate is good to invest in, but asides real estate, what else are you risking the money you should to invest more in bitcoins on?
So far, because my funds are limited, I only invest in bitcoin, what's more you say the bitcoin half cycle is getting closer, so all the funds I have, I invest in bitcoin. Even though this bitcoin halving cycle will also have an impact on altcoin prices which will also rise, my main choice is still bitcoin. Real Estate, stocks, bonds, etc. are good for investment, but considering limited funds I had to choose one for my future in the end I chose bitcoin.

In fact, if you have a lot of funds that you want to invest, it's a good idea to invest them all. Because so far all of them have good prospects in the future, of course the choice you choose must be one that you have mastered. Facing the bitcoin halving, the most important thing we have to do and we have to do it consistently from now on is buy bitcoin with the DCA strategy.

R


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Crypto Library
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September 06, 2023, 05:14:47 PM
 #153

Investing in Bitcoin is very profitable but I think other assets can be invested as well.  Like gold, silver, land etc. But now most people are showing more interest in Bitcoin.  And half is coming so investing in Bitcoin will be much more profitable.  After the halving the price of bitcoin increases so you can invest in bitcoin before the halving if you want.  
It will be very profitable for any one who have only the fundamental knowledge. So  Anyone can invest in Bitcoin by dca management with some fundamental knowledge.
But all aways keep in mind that invest as much as you can afford to loose , Because ups and down always in all types of investment. And there is says that no risk no gain.

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September 06, 2023, 05:26:19 PM
 #154

As someone with low means, bitcoin is my go-to-risk-it-all investment. With what I have invested, my expectation is for bitcoin to 10x by next year.

Investing in real estate is also not bad for people who have the money because it requires a lot of money both to buy the properties as well as to get the documents of ownership.

We shouldn't deny that there are altcoins that are making people a lot richer but then the risk is high. Forex is another investment that I have also considered but I choose to stick with bitcoin because it is where I  have been since the past couple of years.

Agriculture is a good investment to consider as well... the revenue from it is almost equal to that that the sales of oil brings in too.

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September 06, 2023, 05:39:54 PM
 #155

There is a halving coming next year to which many people who know and have bitcoins have set a target of the amount they hope to have in their holding by the time the bull run begins. I like to know if with this knowledge of bitcoin halving coming, if anyone is investing in anything other than bitcoins. I do not mean alt-coin but things like Real Estate, stocks, bonds etc. I know that Real Estate is good to invest in, but asides real estate, what else are you risking the money you should to invest more in bitcoins on?
I'm all in in cryptocurrency right now. I know from my experience that cryptocurrency is much profitable rather than other type of investment. The anticipated bull market is near and accumulating bitcoins and altcoins is my priority in terms of investing. I would probably invest in real estates or in gold when I profited on cryptocurrency or when bear market arrives. I don't have the money to buy real estates today but when I get luck and get a profit on crypto, it will be my move. Repurchase cryptocurrency again when the bull market comes and repeat.
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September 06, 2023, 05:54:16 PM
 #156

I'm all in in cryptocurrency right now. I know from my experience that cryptocurrency is much profitable rather than other type of investment. The anticipated bull market is near and accumulating bitcoins and altcoins is my priority in terms of investing. I would probably invest in real estates or in gold when I profited on cryptocurrency or when bear market arrives. I don't have the money to buy real estates today but when I get luck and get a profit on crypto, it will be my move. Repurchase cryptocurrency again when the bull market comes and repeat.

Impressive... it seems like the crypto market can move according to your will, allowing you to freely enter and exit the market at the right times. Is that what's happening? I believe that the power to predict market movements during bullish and bearish times is possessed by only a select few. And if someone possesses that knowledge, I can guarantee their assets are substantial, perhaps even more than enough for real estate investments.

Keep in mind the volatility of cryptocurrencies. Even before the price pump to Bitcoin's all-time high, there are always moments when prices experience a downturn. Just hold onto the train you're riding now. May your grip remain strong until the bullish post-halving moment arrives.
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September 06, 2023, 09:13:10 PM
 #157

There is a halving coming next year to which many people who know and have bitcoins have set a target of the amount they hope to have in their holding by the time the bull run begins. I like to know if with this knowledge of bitcoin halving coming, if anyone is investing in anything other than bitcoins. I do not mean alt-coin but things like Real Estate, stocks, bonds etc. I know that Real Estate is good to invest in, but asides real estate, what else are you risking the money you should to invest more in bitcoins on?
I want to diversify my investments as much as I want but I don’t think I have sufficient funds for it. For now, my focus is into bitcoin accumulation and hodling, and through DCA I know I can make a good preparation for the upcoming bitcoin halving. Probably when I’ve gained enough profits after that, that could be a perfect time to risk into another investment like gold or stocks.

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September 06, 2023, 09:28:35 PM
 #158

I have bitcoin, some alts & a couple of real estate properties. I am not interested in diversifying into anything else. The majority of my net worth is in bitcoin & I intend to keep it that way. The current price will look like chumps change in a couple of years.

And some alts. I think that investing in some alts is a good idea. It doesn't have to be a big investment, depending on someone's possibilities, but setting aside 5% (more or less) for some interesting projects can pay off in the long run. And there are some good projects around that have a nice potential. In every bull run some new alt makes incredible progress.
Indeed, I do not recommend anyone to invest in altcoins as they are riskier than bitcoin, but it would not be so bad if we just invest a small part of our capital in them. Although altcoins have great risks, if we choose the right coin, it is clear that its profits will be very significant compared to bitcoin. Many people only focus on bitcoin and think that all altcoins are useless, which is really a waste because they are missing out on bigger opportunities.

We invest in cryptocurrencies to make profits, so we should not be too stubborn and ignore opportunities outside of bitcoin. As long as we invest a small amount, it will not cause too much damage to us.

There's nothing wrong to invest at altcoin it would really depends on the coin you would invest with, cause for me I've invested in altcoin before but only for a quick-flip it's not much but I've still profit. But still it's not advisable for a long term investment due to its volatility is random like it really depends on the project some would literally rugpull it. Well I agree that maybe your spare capital or money maybe you could try small amount first for your own experience to altcoins if it suits for you so you can compare it to Bitcoin, what I mean is that you can make your own strategy with these coins. Still if you want to secure just stick with BTC.
If you do know on how to snip out profits with altcoins and having the plans on stashing up and convert it on Bitcoin or some top altcoins then do it, but of course not everybody would really be capable on doing so.

I have tested out these things in the past on the time i did make money from altcoins into its bounties and on the time that bull run happens on 2021, i did really end up on getting huge amount and converted up
directly to Bitcoin and ETH which it did really make out that profits despite of the market had some -5k decline considering that we are already moving on 30k+ price in previous months.
Investment shouldn't really be that only focused on crypto but also in other traditional things as well.

The more the better, which its always been that recommended because having the more income source you do have then the chance on attaining or achieving that financial freedom on where
most people been wishing for. The main issue here on is that we dont have always the capital on starting it up specially on dealing with real estate and some physical businesses which
would really be requiring that huge amount of capital for you to start with. This is why some people would really be opting on something that achievable even if you do have
that small amount of money.

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September 06, 2023, 09:52:12 PM
 #159

investing in bitcoin is the easiest way for all people to grow their money, it doesn't need much money to start. real estate or other renting business are not for all people. there is a huge entry barrier which only rich people can pass through it, also there is operating cost for that which can lead to financial lost.

Sepertinya sudah waktunya, kalau menurut saya lebih baik lump sum sekarang. 30/01/2024.
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September 06, 2023, 09:54:52 PM
 #160

No. I believe in my small business. but I still have a little faith in bitcoin and other coins, as a bounty hunter, airdrop or jobs generated by coins. but to make this a long term investment is too risky. I am very happy with the way I can generate coins without having to spend real money. it has increased my income.

You might not be spending real money to get coins as you have claimed, but you are spending your time to get time, and if those hours are to be converted and calculated as money, then you will realise you might have been spending much more time compared to what you are earning from bounty campaigns. Although most times the payment might appear to be huge, a lot of times the payment happens to not be stable, as your chances of getting paid after successful promotion are sometimes not that high, as it will be hard to identify real projects that have real and truthful potential.
 
For the few alt coins that you have been able to save out of your bounty earnings, if you have not already converted them to some of your favourite coins out there, please do so in order for you not to lose those times you have spent on the crypto promotion as a result of the project delisting the coins, rug pulling, or whatever negative thing might result in the shortage of one's funds in their portfolio.Men

R


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