The power of investment choices

[Fiatless]

Op diversification of investment is good. It is good to invest on those coins that have potential in the future. And one has to make a good choice to plan. All coins can not come up or rise up at the same time. Bitcoin is leader of all the cryptocurrencies and people are investing in it because of it value and they start their investment in the time when the price is low in the bear market and sell it when the price is rising.

The problem with investing in most of these altcoins is that it's difficult to know a coin with the future potential as you stated. Most coins are just hyped by influencers and the developers will claim that they wealth of experience and will come up with a well-written whitepaper. But in the end, it will end up becoming a scam. But some people are comfortable with the risk of investing money in them. Some will be fortunate to gain while others will lose money.

Diversifying into different projects is a good one but people shouldn't be carried away into fake projects that will make them to lose money.  People really need to study what they are investing on to be sure if if it is worth investing. Instead people will go what they are not sure of that can make them to lose money at the end of the day it is better to just stick yo bitcoin investment which we all know how reliable it is in the market. For me it is very important for bitcoin to always be the first option as an investment for people.

Diversification in the crypto space is okay but after investing in Bitcoin I prefer to diversify my investment to other areas. Real estate, stock, gold, etc are some areas I might consider. There are some food altcoins but I prefer to stick with Bitcoin because it is stable and reliable.

[South Park]

It's not enough having an investment plan, knowing the right choice to make for every investment defines the investor better. Take for example jumping on every new coin we find on reputable exchange might not be enough guarantee that coin will do well in the future.

Some coin might have good Supply but low liquidity, some might have high market capitalisation but very poor volatility. Although it's hard to predict the accuracy of a coin performance in the near future this why it is always advised to stick to the known which is BTC.

Another option is to spread ones portfolio amongst different coins but ensuring the have a greater percentage in projects with a visible future. It is better to win small and lose less than lose more and win less

Most investors who run after every new project in any centralized exchange don't usually invest a big amount of funds. They mostly invest as little as $10 - $20 which they can afford to lose. Sometimes when such a project can pump more than 2000% your $10 or $20 worth of investment becomes very valuable and also an opportunity for small funds investors to earn money to invest in top projects.
Lots of investors have made good profits through this method. As it is often said, invest what you can afford to lose, whether it is top or low-cap projects.

There are without a doubt investors out there that can obtain profits with that method, but it is way harder than what it may seem at first sight, as there are many newbies that try to replicate those results and fail, and what it is even worse is that instead of investing a small amount of money in those coins they invest everything they have, reasoning that if a small amount of money invested in those projects generates good profits then investing everything they have will make them millionaires.

[Dr.Bitcoin_Strange]

Another option is to spread ones portfolio amongst different coins but ensuring the have a greater percentage in projects with a visible future. It is better to win small and lose less than lose more and win less

My mentor would say "f*ck altcoin." In terms of spreading one's portfolio, it is considered a risk to invest and hold onto altcoin, which you cannot really define when it's going to be pumped, and another thing is that what if the coin never gets pumped or perhaps gets pumped the moment your attention is shifted off the coin? I have seen a token that was trading around $0.5, but it later got listed on a different exchange with no announcement, and after being listed there, it pumped to $5 and dumped even below the $0.5. I am not against anyone who wishes to invest in altcoins, but before investing, please be aware of the risk involved. Bitcoin investments are more certain than altcoins.

[goaldigger]

Another option is to spread ones portfolio amongst different coins but ensuring the have a greater percentage in projects with a visible future. It is better to win small and lose less than lose more and win less

I agree with you about spreading money across multiple portfolios, if there is one rug project like luna then there are still reserves in other assets. prevent significant losses if you only put money in one asset. One more thing, I really agree with "win small and lose less" I always collect altcoins in the top 20 only, I will never look at other altcoins, let alone shit coins. But what is more important is to increase your portfolio in Bitcoin, because its durability has been proven.

Investment wise, diversification is indeed advisable as always.
Just like the famous line of Buffet, which is “Don’t put all your eggs in one basket”, and this has been my reminder for myself to diversify. Investment choices are crucial though since over diversified is also not good, so having a good balance when it comes to your capital distribution and choosing the best projects can bring you into a more profitable investments, you have to consider everything here.

[mirakal]

It's not enough having an investment plan, knowing the right choice to make for every investment defines the investor better. Take for example jumping on every new coin we find on reputable exchange might not be enough guarantee that coin will do well in the future.

Some coin might have good Supply but low liquidity, some might have high market capitalisation but very poor volatility. Although it's hard to predict the accuracy of a coin performance in the near future this why it is always advised to stick to the known which is BTC.

Another option is to spread ones portfolio amongst different coins but ensuring the have a greater percentage in projects with a visible future. It is better to win small and lose less than lose more and win less

It's an advantage if you have investment choices that you can choose from. But let's accept the fact that if we invest in crypto, the market is not guaranteed safe and highly profitable, as well as the coin itself that you plan to invest due to market fluctuations. This is the reason why we should only stick to what is proven and tested, and that is bitcoin the king of crypto. But of course, investing with caution is the key. As long as bitcoin remains volatile, there are still no guarantees that we will always invest in profits.

Diversification is a good thing. However, if I have made significant profits from bitcoin, then I would want to try investing not in altcoins but on the physical investments as well. It could be in gold, stocks or real estate. Those investments are proven more profitable than these highly unpredictable altcoins.

[oktana]

Jumping on every new coin is just more risky but someone people don’t mind risking it, they are afraid of missing out. However, it is possible to responsibly jump on as many coins as possible. I mean; if you do your proper research before investing, at least that is a filter that will help you avoid some coins that will only waste your time and money. But if you want lower risk without having to stress, Bitcoin is definitely the guy.

Another option is to spread ones portfolio amongst different coins but ensuring the have a greater percentage in projects with a visible future. It is better to win small and lose less than lose more and win less

Diversification works, but please diversify on only projects with a visible future, not “a greater percentage” but all percentage should go to something you have hope in.

[CryptopreneurBrainboss]

It's not enough having an investment plan, knowing the right choice to make for every investment defines the investor better. Take for example jumping on every new coin we find on reputable exchange might not be enough guarantee that coin will do well in the future.

People that do this don't like their money because, the exchanges don't care about their customers, they're here to make money and that's why they can list anything that calls itself a cryptocurency just to make money from the transaction fees they'll be getting from people trading the coin or tokens. Exchanges are listing coins with the highest hype and usually projects with this type of hypes are mostly shitcoins that depends on their popularity to make profits. Don't invest in a project just because it's listed on a tier A exchange or got newly listed. They can always be delisted when they start lacking trading volume as CEX has been doing lately.

Another option is to spread ones portfolio amongst different coins but ensuring the have a greater percentage in projects with a visible future. It is better to win small and lose less than lose more and win less

This is a wrong advice and newbies reading this thread, don't take this advise seriously or you'll lose as 99% or those that tried same strategy in the past lost. The crypto market is correlated, all cryptocurency depends on the success of Bitcoin to determine their fate, we have two season in the market which is the bear and bull season and coins move in similar direction during this times so diversifying doesn't have much difference. Instead of investing in different altcoins which increase your risk of losing your money, stick to Bitcoin and you can diversify into other assets that's not related to the crypto market. If you're a trader, you can trade those other coins but it should be for short term instead of investing in them.

[Altryist]

My mentor would say "f*ck altcoin." In terms of spreading one's portfolio, it is considered a risk to invest and hold onto altcoin, which you cannot really define when it's going to be pumped, and another thing is that what if the coin never gets pumped or perhaps gets pumped the moment your attention is shifted off the coin? I have seen a token that was trading around $0.5, but it later got listed on a different exchange with no announcement, and after being listed there, it pumped to $5 and dumped even below the $0.5. I am not against anyone who wishes to invest in altcoins, but before investing, please be aware of the risk involved. Bitcoin investments are more certain than altcoins.

But it seems to me that we have now moved to a time where investing in altcoins is more profitable than in bitcoin, since altcoins are still close to the bottom relative to bitcoin, and therefore they have much greater potential for growth.

It may not be so easy to find one that will have a listing on the top exchange, but even without this there are quite promising tokens that have not yet shown growth and they can bring good profits in a bull market.

[iv4n]

Another option is to spread ones portfolio amongst different coins but ensuring the have a greater percentage in projects with a visible future. It is better to win small and lose less than lose more and win less

I agree with you about spreading money across multiple portfolios, if there is one rug project like luna then there are still reserves in other assets. prevent significant losses if you only put money in one asset. One more thing, I really agree with "win small and lose less" I always collect altcoins in the top 20 only, I will never look at other altcoins, let alone shit coins. But what is more important is to increase your portfolio in Bitcoin, because its durability has been proven.

Investment wise, diversification is indeed advisable as always.
Just like the famous line of Buffet, which is “Don’t put all your eggs in one basket”, and this has been my reminder for myself to diversify. Investment choices are crucial though since over diversified is also not good, so having a good balance when it comes to your capital distribution and choosing the best projects can bring you into a more profitable investments, you have to consider everything here.

Buffet also said: "If you are not ready to hold your investment for at least 10 years don't invest at all!". And how many people here are ready to invest and wait 10 years, or even better question how many people are capable of allocating big funds in 10 year investment? I will say not many...

But since we are in crypto already, DCA is definitely a good plan... of course, first in Bitcoin, but each of us has some other coins that we like so why not DCA in them as well!?

And we shouldn't be scared about the future and making mistakes, it's something normal... there will always be some "luna" scam projects, that's why when we choose a new project we need to be sure of them before we invest money, and before everything to never invest more than we can afford to lose. It's not smart to risk too much with new projects.

[Kelward]

If you ask me I will say only buy Bitcoin but I see why latecomers are attracted elsewhere, there are other cryptocurrencies with unique features & potential for large growth. Diversification is key for some people, It is advisable to research & understand the potential of different cryptocurrencies considering factors such as technology, adoption & market trends. Each cryptocurrency offers different opportunities & risks so a balanced investment strategy that includes a mix of cryptocurrencies may be more beneficial for some in the long run.

I'm a newcomer and I share old timers believes, just like yours, that bitcoin remains the crypto coin that I can put my money in and go to sleep. It has proven it's worth as the pacesetter in the crypto market, it dictates the pace that others thread. Altcoins were painted like plagues to me before now, I still have a little of that phobia till today about buying them, but with my increased knowledge, I know that it's not all altcoins that are potential "shitcoins". I look forward to buying some top altcoins now, to cash in with my bitcoin, because I know that bitcoin bull run will make them to be profitable too. New projects can be more profitable but it's not for me, I like to minimize my loses.

[HONDACD125]

It's not enough having an investment plan, knowing the right choice to make for every investment defines the investor better. Take for example jumping on every new coin we find on reputable exchange might not be enough guarantee that coin will do well in the future.

Some coin might have good Supply but low liquidity, some might have high market capitalisation but very poor volatility. Although it's hard to predict the accuracy of a coin performance in the near future this why it is always advised to stick to the known which is BTC.

Another option is to spread ones portfolio amongst different coins but ensuring the have a greater percentage in projects with a visible future. It is better to win small and lose less than lose more and win less

The future of any coin in the crypto market cannot be predicted. Whether a coin is new or old, there can be no guarantee of what will happen in the future. However, we stand by our estimates . each coin has its own features, each has its own use. In a new coin, usually pick a coin that has a future use, that has a way to solve a problem, then you can expect a very good return from that coin.

Bitcoin is recommended because Bitcoin is leading the entire crypto market, with the lowest risk of loss compared to other coins, if one does not make a mistake. I don't think anyone has ever been advised to invest in a single coin but always different coins so this is common. However, all people have their own views and preferences according to which they organize their portfolio.

[flyingcarpet]

It's not enough having an investment plan, knowing the right choice to make for every investment defines the investor better. Take for example jumping on every new coin we find on reputable exchange might not be enough guarantee that coin will do well in the future.

Some coin might have good Supply but low liquidity, some might have high market capitalisation but very poor volatility. Although it's hard to predict the accuracy of a coin performance in the near future this why it is always advised to stick to the known which is BTC.

Another option is to spread ones portfolio amongst different coins but ensuring the have a greater percentage in projects with a visible future. It is better to win small and lose less than lose more and win less

Everyone invests, but not everyone can get the results they want from these investments. This is the case in investment, as in everything else. Our choices when investing directly affect all outcomes.

Some reduce the risk in their investments by choosing low-risk investments. Some people want to make high profits in a short time with the opposite method. There are many factors such as risk factor when investing.

Investment choices affect the entire outcome. Everyone wants to make the right investment choices, but finding these choices is not easy. At the same time, human psychology also has an impact on investment choices when investing.

[kryptqnick]

It's not enough having an investment plan, knowing the right choice to make for every investment defines the investor better. Take for example jumping on every new coin we find on reputable exchange might not be enough guarantee that coin will do well in the future.

Some coin might have good Supply but low liquidity, some might have high market capitalisation but very poor volatility. Although it's hard to predict the accuracy of a coin performance in the near future this why it is always advised to stick to the known which is BTC.

Another option is to spread ones portfolio amongst different coins but ensuring the have a greater percentage in projects with a visible future. It is better to win small and lose less than lose more and win less

Liquidity is very important. I agree with the op that a currency with high supply and low liquidity is a really bad option, but there's more to it. When choosing an exchange, it's also very important to see the liquidity of coins there because sometimes an exchange can have low liquidity, and a person may get stuck there with the money (because an exchange may not allow withdrawing a deposit without doing anything with it, flagging it as a suspicious activity).
Sticking to Bitcoin is always a good idea.

[coupable]

Another option is to spread ones portfolio amongst different coins but ensuring the have a greater percentage in projects with a visible future. It is better to win small and lose less than lose more and win less

I agree with you about spreading money across multiple portfolios, if there is one rug project like luna then there are still reserves in other assets. prevent significant losses if you only put money in one asset. One more thing, I really agree with "win small and lose less" I always collect altcoins in the top 20 only, I will never look at other altcoins, let alone shit coins. But what is more important is to increase your portfolio in Bitcoin, because its durability has been proven.

Investment wise, diversification is indeed advisable as always.
Just like the famous line of Buffet, which is “Don’t put all your eggs in one basket”, and this has been my reminder for myself to diversify. Investment choices are crucial though since over diversified is also not good, so having a good balance when it comes to your capital distribution and choosing the best projects can bring you into a more profitable investments, you have to consider everything here.

There is a basic principle in investment called "income diversification", which necessarily requires diversifying investments to achieve diverse incomes from different sources. This principle is useful because it will ensure that one does not depend on one source of income that cannot be guaranteed in all cases. One of the prominent examples that use this principle are the owners of major projects, such as Elon Musk or any well-known investment figure around the world, who own more than one company in fields that are not related to each other. This diversity provides a good margin for correcting mistakes and not falling easy prey to bad conditions and variables.

[jaberwock]

My mentor would say "f*ck altcoin." In terms of spreading one's portfolio, it is considered a risk to invest and hold onto altcoin, which you cannot really define when it's going to be pumped, and another thing is that what if the coin never gets pumped or perhaps gets pumped the moment your attention is shifted off the coin? I have seen a token that was trading around $0.5, but it later got listed on a different exchange with no announcement, and after being listed there, it pumped to $5 and dumped even below the $0.5. I am not against anyone who wishes to invest in altcoins, but before investing, please be aware of the risk involved. Bitcoin investments are more certain than altcoins.

But it seems to me that we have now moved to a time where investing in altcoins is more profitable than in bitcoin, since altcoins are still close to the bottom relative to bitcoin, and therefore they have much greater potential for growth.

It may not be so easy to find one that will have a listing on the top exchange, but even without this there are quite promising tokens that have not yet shown growth and they can bring good profits in a bull market.

Not all altcoins are legit, so not all are profitable. But even those legit and profitable ones, can't still get on the level of Bitcoin once the markets starts a bull run. So just wait and see, because Bitcoin can sometimes get delayed to make a move while other altcoins are seem to be rushing upward. It's like they know that Bitcoin will still catch them, which is true though. Finding a new altcoin that has a good potential is a pain in the ass but they are also very rewarding. And like you said, there are still other good altcoins which are easier to spot. We can always go on them first if we think we don't have what it takes yet to discover a hidden gem.

[Captain Corporate]

I believe that we can't really "judge" others on what they do, that doesn't mean that they are right or wrong, there is nothing wrong with not judging people who are wrong, because you just have to let them be what they are in the end. A person who doesn't do something because you told them not to do will not be all that permanent, because they are going to eventually be tempted to give it a try since they do not know why they shouldn't do it, they only end up being better and fixing it basically by doing the wrong thing and then seeing the consequences and then that's going to be something that will make them learn it better by seeing it with their own eyes that is a much more permanent result.

[Bananington]

It's not enough having an investment plan, knowing the right choice to make for every investment defines the investor better. Take for example jumping on every new coin we find on reputable exchange might not be enough guarantee that coin will do well in the future.

Not all the investors will make profit and get joy from the kind of investments they make in cryptocurrency. The kind of investment choices that we make today will determine the kind of satisfaction that you will have tomorrow. Bad investment choices will only push and lead to regrets while good well thought-out and researched choices will give the investor much joy.

Another option is to spread ones portfolio amongst different coins but ensuring the have a greater percentage in projects with a visible future. It is better to win small and lose less than lose more and win less

Everyone has their own ideology on how to spread their investments, the goal at the end is to make profit.

[arufox]

The easiest way is to see when you want to achieve your investment goals. short, medium or long term. If it is short term, then choose the investment with the smallest risk. Long term, choose investments with the highest risk and greatest return.

[franky1]

jumping on every coin and having funds spread over 100 coins at 1% each is bad practice

first of all researching all 100 coins becomes too relaxed, people wont spend time researching them all and just blindly jump
by this i mean
a. when most people hear in media that a coin is pumping. they jump in not realising they are buying at the tip of the pump and its about to correct back down
b.most coins have no sustainability plan. they are just a one shot wonder pump and dump where they end up at $0

you should always:
a. look at longevity coins that have been around a while.
b. work out if they have a minting/mining cost and calculate the most efficient mining cost on the planet
c. look at the historic ATH
d. then viewing the (b)   price    (c)   EG (b)ppppppppp(c)
(b)ppppppppp(c) = buy (if price is near (b) value)
(b)ppppppppp(c) = dont buy (if price is near (c) premium)

always buy low sell high.. and once bought, never sell at a loss
never sell just to exit because you need the funds out to buy into next coin if what you are selling is at a loss to its buy
always sell when you see profit.

also know enough about a coin to know if they have REAL plans of user adoption/future growth. EG they have real world use
EG they have real world mining costs that are going to rise

instead of saying to yourself ill wait until x3 multiplier, i hope to achieve in 2 years.. look at your investment and think
if i can get 300% in 2 years then if i see 210% in under 1 year i can take it (110% extra in 1 year)
if i can get 300% in 2 years then if i see >160% in under 6month i can take it  (60% extra in 6 month)
if i can get 300% in 2 years then if i see >115% in under 1month i can take it  (15% extra in 1 month)
you may end up with more then 3x added up if you play the right markets to then re-invest on the lows of other investments

[sunsilk]

The reason why someone who is successful is because of his/her choice and you're right that it's about having the investment plan or choice that we have.

Like for example in cryptocurrencies, someone who choose to hold Bitcoin over the long period of time is making him stable and chill because of it. Not everyone gets the chance to hold Bitcoin because they're choosing different altcoins they think will make them rich.

And as someone diversifies, don't overdo it because it's not also ideal to have vast holdings in alts.