help me not to leave btc

[Lorence.xD]

We know that when Bitcoin is starting to bull run, most of the altcoins are starting to skyrocket as well, but we know that the difference between the two is huge. From your post OP, it seems like you are aware that Bitcoin is much superior to altcoins even from its current price you can still manage to invest using DCA methods. I have invested in altcoins as well which gave me profits, but the difference is that altcoins have a potential only for the short-term unlike to Bitcoin, imagine that the bull run is just starting and the end of the year so holding for the long-term investment is better which is Bitcoin. Just focused on the long-term cause it's really tempting to join the altcoins bull run as well, but Bitcoin would secure your funds in the long run.

[NeilLostBitCoin]

You have the option to invest in Bitcoin on a monthly or weekly basis, depending on your preference. If you are not interested in investing in other cryptocurrencies, it is best to avoid monitoring their prices, as this may lead you to purchase them impulsively. Suppose you are planning on investing in other cryptocurrencies. In that case, it's important to choose a project with a promising future rather than one that experiences a temporary surge due to popular promotions.

[icalical]

I do agree that you shouldn't leave Bitcoin, but you can invest in other altcoin without leaving Bitcoin, you can spare small amount of your money to altcoins, diversification of you portfolio is always good. And with the current bullish market investing in altcoin is less risky, you just need to know when you need to exit the market. But the same as any investment, only invest that you can afford to lose.

[armanda90]

I'm a 19-year-old boy living in South Korea and now btt, doge, shiba inu, etc.. have skyrocketed in just a few hours on our country exchange 'upbit'. A little fomo is coming. I can't believe it's gone up more than a months I've invested in bitcoin. I personally don't want to invest in other coins, as I think bitcoin is superior.
What kind of mindset should I have to stay in Bitcoin? And I think Bitcoin is about to hit the highest price ever, so how should I plan my dca strategy?

I am so excited with many youth people still 19 years old have invested in cryptocurrency, but seems OP less interested investment make shits coins as his priority. Start investing with bitcoin when bull run moment actually is not recommended, better you have planning buy or invest with bitcoin have sharing bad news and sell it after have good news. Many investors or trader have the wrong way when investing in bitcoin, they will make investing when bitcoin price have up but afraid for buying back when bitcoin drop.

You need to stay with bitcoin but wait awhile when bitcoin have get little correction, I doubt upcoming several weeks later bitcoin without get yet any correction and have chance to buy with lower price. Be calm and patience when investing money in bitcoin without hurry after seeing bull run make us excited to invest as much possible in bitcoin.

[KiaKia]

I don't have much to say to people asking me if they can start DCA right now, I think it's a sign that people are only interested in Bitcoin when the price is going up, like what have you been doing since 15,000+? There was enough time to have accumulate Bitcoin, but now I don't even know what to say.

Few friends of my friends are now calling me, asking if they can start buying now, I just told them the same, I don't know, buying now is far more complicated than buying at 15k or 17k, just do you, make your own decision, anyone who buys from this price will still make profit when Bitcoin hit a new all time high.

But I think it's better to wait for some correction, 48k have some strong resistance, and I believe Bitcoin will have to go down from there and start going side ways from 48k to 37k before a break out.

[tottong]

I'm a 19-year-old boy living in South Korea and now btt, doge, shiba inu, etc.. have skyrocketed in just a few hours on our country exchange 'upbit'. A little fomo is coming. I can't believe it's gone up more than a months I've invested in bitcoin. I personally don't want to invest in other coins, as I think bitcoin is superior.
What kind of mindset should I have to stay in Bitcoin? And I think Bitcoin is about to hit the highest price ever, so how should I plan my dca strategy?

What advice can be given and even you know everything like dca and bitcoin are one of the best investments as you have said above. Fomo will continue to exist in the crypto journey and especially when it comes to bitcoin specifically and what makes you believe in bitcoin then do everything you can to get involved. When you approach DCA as an investment step, what must be done is a level of consistency in carrying out and allocating capital every period on a regular basis.

Create a stable amount and be consistent in buying every period you want and maintain this method until you have the opportunity to buy large amounts when you have a good opportunity. Bitcoin is simple and only you can increase your ownership using certain methods and strategies because other people's suggestions will work when you are willing to run and have the opportunity.

[Essential10]

Keeping up with industry news and technological advancements can help you make informed decisions about your Bitcoin investment. It's also important to be wary of market hype and avoid making emotional decisions based on FOMO. DCA invests a fixed amount of money in Bitcoin at regular intervals regardless of price. This strategy allows investors to buy more bitcoins when the price is low and less when the price is high, averaging the overall cost of their investment over time. Protecting your Bitcoin holdings is essential for long-term success. Using a secure wallet and practicing good security practices can help protect your investment from potential threats and theft. By taking a proactive approach to security, you can ensure that your Bitcoins will remain safe and secure for years to come.

[KonstantinosM]

Why would you need to leave btc for altcoins?


You can do more than one thing at a time. Just know that there is a much higher chance that an altcoin goes to 0, while that's not likely to happen with Bitcoin, especially now that it is getting intertwined with the traditional system of finance and investments.

[tjtonmoy]

What kind of mindset should I have to stay in Bitcoin? And I think Bitcoin is about to hit the highest price ever, so how should I plan my dca strategy?

Bitcoin is not for short-term investment plans. You can't make a fortune with this overnight. You need patience, dedication, strong will and a mindset to not give up. You will be profitable eventually. Even if you miss the opportunity once, you will get one more again. There are endless opportunities with Bitcoin investment. For this reason only, there are no perfect times to enter Bitcoin investment. And its history speaks for itself.

And about the DCA strategy. Keep it the same and don't change anything. If you feel like you should invest more doing DCA, create a separate plan for that. It will help you to calculate the profits or losses more easily without making it complicated. Keep them separate so they don't mess up your investment plan.

[Faisal2202]

I'm a 19-year-old boy living in South Korea and now btt, doge, shiba inu, etc.. have skyrocketed in just a few hours on our country exchange 'upbit'. A little fomo is coming. I can't believe it's gone up more than a months I've invested in bitcoin. I personally don't want to invest in other coins, as I think bitcoin is superior.
What kind of mindset should I have to stay in Bitcoin? And I think Bitcoin is about to hit the highest price ever, so how should I plan my dca strategy?

Investing in alts does make us huge profits even higher than BTC that's because alts are more volatile than BTC but risky too. But when investing in BTC we have to be less afraid, because profit is more assured in it. BTC is considered a safer investment than alts. I won't ask you why you want to become a BTC enthusiast while you are making a profit in alts too. Are you?

Well, if you want to stay in BTC and then invest the highest part of your portfolio into BTC then your mind will remain toward BTC all the time, and you will be visiting the exchange again and again just to see what price BTC has now. Besides this, try to learn what BTC is proposing and what makes it the king of alts.  

And if you want to do DCA in BTC then DCA is a strategy, you simply have to segregate funds from your earnings, and should invest them into BTC after an equal interval of time. The following time is not restricted, nor is the funds to invest in.

[Ndabagi01]

I'm a 19-year-old boy living in South Korea and now btt, doge, shiba inu, etc.. have skyrocketed in just a few hours on our country exchange 'upbit'. A little fomo is coming. I can't believe it's gone up more than a months I've invested in bitcoin. I personally don't want to invest in other coins, as I think bitcoin is superior.
What kind of mindset should I have to stay in Bitcoin? And I think Bitcoin is about to hit the highest price ever, so how should I plan my dca strategy?

Before investing in altcoins, you should have carefully calculated your risk. Altcoins are unpredictability, as opposed to bitcoin, which is certain to rise in the future and is the forerunner of every other cryptocurrency on the market. Bitcoin takes the lead, followed by other cryptocurrencies. However, it is not too late to purchase some bitcoin; if I were you, my total investment in any altcoin (risky investment) would not even equal 10% of my total investment in bitcoin.

This is what I mean by calculated risk, and it is best for you if you use it. Bitcoin is on an upward trend, which is likely to continue for a long time after the halving period. To avoid missing out, invest heavily in bitcoin now; your other altcoin investments may or may not follow bitcoin's uptrend, and you'll be bitting your tongue for not investing now that you're already seeing signs of a bullish trend in bitcoin.

Since you don't have enough money to lump sum, the DCA strategy is still one of the best to use now. While performing the DCA, try to invest as much as possible at the first opportunity to buy in order to avoid missing out on buying at a lower price. If there is enough money to lump sum during this process, don’t hesitate to do that also.

[syedakhlaque]

You have adopted a good procedure. DCA strategy is good. It is now up to you how you organize your planning. On a daily, weekly or monthly basis. I think . That everything will be fine if you have faith and patience.Bitcoin is a king coin. If not immediately then it will definitely give you profit after a little or a long wait. There is a good chance that the price of bitcoin will rise sooner or little later. Although you are young and you do not have much work experience but if you stick to your work, sooner or later you will definitely succeed.

[2girls]

Having bitcoin is the first good thing and also the bitcoin when in hold is another prior job to get into it.

Most of the trader have bitcoin but they didn't have any choice to hold it and they sell it in different prices. And sometimes they change their bitcoin holding  to another coins. But this would not be a wise thinking in all matter.

Those who hold the bitcoin till the end can earn a lot in the race of trading.

[Zlantann]

I'm a 19-year-old boy living in South Korea and now btt, doge, shiba inu, etc.. have skyrocketed in just a few hours on our country exchange 'upbit'. A little fomo is coming. I can't believe it's gone up more than a months I've invested in bitcoin. I personally don't want to invest in other coins, as I think bitcoin is superior.
What kind of mindset should I have to stay in Bitcoin? And I think Bitcoin is about to hit the highest price ever, so how should I plan my dca strategy?

You are indeed a source of encouragement to most youths who are just focused on pleasure and entertainment. Many of them don't care about any form of investment. I want to encourage you to focus on only Bitcoin because many altcoins cannot be trusted. The price can skyrocket in a few minutes and also lose value in no time.

The right mindset to have is a long-term mindset. Don't be a hit-and-run investor because it is less profitable and more risky. Imagine if you had started DCAing since last year, your profit would have been massive. It is not still too late to start buying but don't wait till the price rises before you start investing next time. I also want to encourage you not to expect too much from the market to avoid being too greedy thereby missing out on an opportunity to make a profit.

[ChiBitCTy]

Those coins you named are fn worthless shitcoins and their sole purpose is for traders to try and make money.  Always ask yourself, "does this coin provide legitimate utility that no other coin does.  Does it solve any current world issues in some way"?  If the answer is no to these questions (which it will be 99% of the time) than it's a waste of your time.  Trading at a high level takes skill and time..too much time.  Bitcoin provide legit utility..it's the first of it kinds and there's a reason its a 44k a coin. 

[rodskee]

I'm a 19-year-old boy living in South Korea and now btt, doge, shiba inu, etc.. have skyrocketed in just a few hours on our country exchange 'upbit'. A little fomo is coming. I can't believe it's gone up more than a months I've invested in bitcoin. I personally don't want to invest in other coins, as I think bitcoin is superior.
What kind of mindset should I have to stay in Bitcoin? And I think Bitcoin is about to hit the highest price ever, so how should I plan my dca strategy?

What is the skyrocket on you  because it seems that those shitcoins/memecoins you mentioned had j
ust jumped more than 20% in the last 7 days while Bitcoin is 16% so is there any big difference ? am not sure why
you are so bothered when your posting seems to be trusting bitcoin obviously , but if you really wanted to remain
supporting bitcoin?then just give it a few weeks or months then prove us wrong that we encouraged you to focus
and stay your funds inside bitcoin because the result will tell you what is good and better for your money.

[Davidvictorson]

What kind of mindset should I have to stay in Bitcoin? And I think Bitcoin is about to hit the highest price ever, so how should I plan my dca strategy?

How to do DCA strategy is to use the recurring buy on crypto exchanges. It is hassle free. Once you set it you can choose to buy weekly, daily weekly bi-monthly or monthly. You can find this automated buy feature on very popular exchanges like Binance, Coinbase and others. Why I like this automation is that after you have set it, you can then focus your time and energy on increasing your income thereby increasing the amount you can invest. Do not forget that as soon as you buy, send the bitcoins to your hardware or software wallet.

[Marvelman]

What kind of mindset should I have to stay in Bitcoin? And I think Bitcoin is about to hit the highest price ever, so how should I plan my dca strategy?

I get why folks chase those meme coins like SHIB or DOGE or whatever - the chance to turn a few bucks into a few grand seems too good to pass up.  And hey, sometimes lady luck smiles and it works out.  But banking on lottery odds ain't exactly a retirement strategy, right?

Now Bitcoin - there's a coin with a future and  maybe buying some here and there when you've got some spare change is the smarter play.  Like they say about the stock market - time in the market beats timing the market.  If cryptos are here to stay then no reason Bitcoin wont still be around and kicking in 10 or even 30 years.  And who knows - maybe 1 BTC will pick up a few more zeros by then too.

Anyway, just my two sats.

[coolcoinz]

Listen to me dude. You need to realize what the most valuable asset is. Is it dogecoin? A meme coin that was made as a joke and pumped because Elon tweeted pictures of a dog? Is this the hard asset you're looking to hold?

Don't look at pure profit because shitcoins are volatile and one day you may hit a jackpot, but another day you'll buy it and lose 50% in a few days. Holding altcoins is like gambling. Just hold bitcoin.
I held bitcoin for the past 2 cycles and I'm happy with the results.

[bhadz]

What kind of mindset should I have to stay in Bitcoin?

Start by your practice and only looking into it. So, the practice is if you still have other assets in the forms of altcoins, sell them for Bitcoin and that's not just all about having the mindset but doing it actually so you'd stay.

And I think Bitcoin is about to hit the highest price ever, so how should I plan my dca strategy?

Depends on how you're living and earning. Do you earn weekly? Then spend a portion of it, maybe 5% weekly will do already but you can increase that depending on your availability and willingness. There's always a way how to do DCA and only you can determine that since your info isn't complete so it's difficult to give you some plans.