help me not to leave btc

[Natsuu]

It's understandable to feel the FOMO but it's crucial to stick to your investment principles. Just focus on the long-term potential of Bitcoin and maintain a mindset of patience. Regarding DCA, consider spreading your purchases over time to reduce the impact of market volatility. Just the usual setting a budget for regular contributions and stick to it, regardless of short-term price movements. We stay informed about market trends and avoid making impulsive decisions based on hype. This forum would really help you but i think asking directly what to do is unnecessary. It really depends.

[pawel7777]

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?

All you need to do is remove emotions from making investment decissions. There are always some altcoins that shoot up on a daily basis. The problem is there are thousands of coins/tokens and new are created/die every day. It's simply impossible to predict which coin will skyrocket next, so don't bother with them.
Historically speaking, betting on BTC only was a best bet. There are tons of coins that were massively hyped up in the past that are dead now, or lost almost all their value.

This thread touches on this subject: https://bitcointalk.org/index.php?topic=5418571.0

[Agbamoni]

This is something that depends on your financial strentght. As your plan to DCA is critical one. If you had known the time and attention you gave to those Altcoins would have been given to Bitcoin. However, it is still possible to accumulate Bitcoin since you still have the zeal and witness. DCA us a good step but you need to understand it will take you some time to accumulate some good amount of Bitcoin in your portfolio. But it seems you lack patience and want to bag it now before the next bull run of which you feel is close then you should lump sum. That is the only way you can get handful of Bitcoin now.

My candid advice is to not hesitate if you have the money then lump sum and expect the best. But if you are low in income then patiently dca as the next bull run is not the last bull run we will experience in the history of Bitcoin. And also, it is not certain that next year will be the next bull run. Its all speculation.

[abel1337]

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?

Stop using your emotion because it can ruin your plan. Don't let FOMO get into you, majority of the people who get FOMOed doesn't end well. If you know that you have a good plan, try checking it back and have a confidence on the plan that you yourself had built. Focus, everything is just a distractions. I myself had been caught on bad situations many times because I failed to execute my plans because of damn emotions, being fomoed by pumps and hype, I ended up losing money and possible profits if I execute my plan well.

Remember mindset you have when the first time that you want to buy bitcoin.

[Wakate]

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 need to keep holding because many of the coins you have mentioned are meme coins and cam pose some risk to you if you don't understand how they work. Bitcoin is more safer for you to hold than many of the coins you mentioned. Forget about what's happening and how their prices is going up attracting you to think of investing in meme coins rather than Bitcoin. Bitcoin has started moving gradually and you need to keep holding until you are satisfied with the profits you had made so far before you decide to take profits andbkeeo holding some portions.

[Maslate]

Just think of how other people's lives were changed because of bitcoin, that way you will continue to understand bitcoin and the crypto market and you will be patient more to wait for the perfect timing to buy and sell bitcoin. Of course, the motivation should also start within yourself and convince yourself that there is brighter future awaits for you with bitcoin.

However, leaving btc will only be a good choice if you think you are not ready to lose your funds. And just invest again when you have stable funds so that losses will never be an issue to you anymore.

[goldkingcoiner]

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?

The simplest and most effective strategy you can implement as a non-expert is HODL. That is it, nothing more nothing less.

And soon the Bitcoin ETF's in the USA will be offered to traditional investors by institutional investors. This is a very big deal and anybody who sells their Bitcoin now will only have themselves to blame once the price goes up.

And I believe it will go up. Very high up. So obviously I do not think that now is a good time to sell Bitcoin.

But, decide for yourself.

[GiftedMAN]

Op I think you have got a better motivation since you witnessed the current increase in the price of Bitcoin that alone should give you more reason to keep investing in Bitcoin only, unless you are in for a quick money making that's the only reason I thinkost people invest in altcoins.

You have been giving the best advice here which is to HODL strong till the price rise higher and higher so get your mind off altcoins so you won't lose your funds trying to double it fast rather continue with your DCA.

[_BlackStar]

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?

Simply put, you have to understand what risks you will get from investing - especially in the asset of your choice. This risk tolerance is certainly important to maintain your psychology in the future when prices do not match what you expect - but of course Bitcoin is the best choice in the long term.

If I were you - only one choice: Buy now and hold.
You can accumulate this way - but you also need an understanding that continues to develop over time. Then from that - there are times when you have to be yourself and not let other people influence your investment decisions.

[AmoreJaz]

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?

Simply put, you have to understand what risks you will get from investing - especially in the asset of your choice. This risk tolerance is certainly important to maintain your psychology in the future when prices do not match what you expect - but of course Bitcoin is the best choice in the long term.

If I were you - only one choice: Buy now and hold.
You can accumulate this way - but you also need an understanding that continues to develop over time. Then from that - there are times when you have to be yourself and not let other people influence your investment decisions.

i have the feeling why the OP has the feeling of being agitated because he is seeing other alts to be in skyrocketing stage and he is feeling of being left out. however, it is only temporary. as more then likely, it will also go down as it has no solid reasoning behind such trend.
on the other hand, btc has the upper hand among these markets. because it won't go away as it sustains its top position.

[The Cryptovator]

You already mentioned in your thread that you have been following DCA, which is a good strategy for me. I believe you already have a good profit if you invested a month ago. You are the one who could help me not leave Bitcoin. We could just encourage you; we can't force you, BTW. However, you already saw the power of Bitcoin, and you are one of its beneficiaries. So more good days are coming for Bitcoin. We are on a bull trend now and have the possibility of breaking previous ATHs if Bitcoin ETFs get approved by the SEC. This is enough for now to not leave Bitcoin. Who is already in Bitcoin I don't feel he should ever leave it.

[panganib999]

I say go for it my dude and actually explore your options beyond bitcoin. Bitcoin is king but that doesn't mean you can't make bank on other cryptocurrencies on the market. Explore your options, conduct researches to find out which crypto works best for you and which ones don't. I reckon you're still at the earliest stages of your crypto so you're a little wary about which to invest which is good and natural. But I suggest you pick up your pace if you want to get into the boat soon as the bull run arrives which might be closer than we'd expect. Anywho, no pressure, don't let this distract you from the fact that you're on the right track as a crypto investor. Keep at it and you're bound for greater things, trust me on that one bud.

[Tuclikk]

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?
 

Yeah it superior because it's a coin leading all, and it capable of everlasting investment I'd rather go for it if I am to make an extended period investment, Since i don't have personal interest on others.

[wiss19]

Let me tell you one thing first, you don't specifically need to stay invested only in Bitcoin to get profits and you can always have a diverse portfolio, having both Bitcoin and altcoins, all you need to make sure of is that the altcoins you are investing in are trusted and good ones so that you don't regret splitting your investment for them. It's always a better practice to not put all your eggs in one basket as that makes you have more opportunities to gain higher profits.

That being said, it is not difficult to do DCA even if Bitcoin or the overall market has appreciated pretty much, you can always start buying with a small portion of your capital and just make sure that you are keeping a record of how much you are buying and at what price so that you can sell them based on that once the market goes down and comes back up later on.

[pawel7777]

Let me tell you one thing first, you don't specifically need to stay invested only in Bitcoin to get profits and you can always have a diverse portfolio, having both Bitcoin and altcoins, all you need to make sure of is that the altcoins you are investing in are trusted and good ones so that you don't regret splitting your investment for them. It's always a better practice to not put all your eggs in one basket as that makes you have more opportunities to gain higher profits.

You don't diversify just for the sake of it. As much as I agree with diversifying the types of investments (crypto, stocks, bonds, gold etc), for the crypto itself, it's not like the more diversity the better. We've seen pretty significant changes in the top 10 or top 20 over the years, with many of the top coins dropping massively below the top 100 or simply dying. You can see some historical snapshots here: https://coinmarketcap.com/historical/

[mirakal]

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 don't have to choose between them if you think both of them are promising. Just continue to invest but put the highest allocation for bitcoin because it will certainly give you guaranteed profits in the end. With those meme coins you mentioned, I don't have issues with them but they are only good for short term, so make sure to have the best timing to sell them, otherwise once you're late, you'll end up selling at loss. That's the risk investing in altcoins as you can't assure profitability with long term hodling as they are only good for short term profitability.

If you don't want to leave btc, then don't. Being profitable with altcoins does not mean that you have to chose between them and leave btc for good. That's a wrong mindset. You can be both profitable with them as long as you know how to timing buying and selling them for profits.

[EFS]

Some people said Bitcoin price is too high, altcoins can give better profit in 2014. Some people said Bitcoin price is too high, we better buy Litecoin in 2016. It always happens. In the end it turns out that the Bitcoin price is not too high, it can go much higher.
When we said Bitcoin would be 10k dollars, some people laughed and didn't believe it at all. Now they wish it would fall to 10k dollars and they would buy it. If you look at things over a longer period of time, not from today to tomorrow, you will see that even the smallest investment you make in Bitcoin has a very good return over time. Don't lose hope and save every satoshi you can.

[oktana]

Planning your DCA strategy is simple and straightforward. First you have to decide how frequently, second, you’ll decide the amount you want to be investing, and lastly you’ll decide the duration of this investment plan. These three steps will help you create your strategy by yourself and you’ll be able to select what fits you maybe based on your job type or your investment goal. Also, don’t let FOMO drive you into investment. Do it because you see something in what you’re investing.

[boty]

Planning your DCA strategy is simple and straightforward. First you have to decide how frequently, second, you’ll decide the amount you want to be investing, and lastly you’ll decide the duration of this investment plan. These three steps will help you create your strategy by yourself and you’ll be able to select what fits you maybe based on your job type or your investment goal. Also, don’t let FOMO drive you into investment. Do it because you see something in what you’re investing.

It is very simple to collect Bitcoin using the DCA method, but if we don't have a fixed income we have to be able to work hard to be able to buy Bitcoin using the DCA method and for those who have a fixed income I think this will be easier, if we can collecting them consistently, I think we will easily achieve the investment goals we have set.

[wallet4bitcoin]

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 will be termed as a Bitcoin maxi is what your OP just captured. However, everyone has his or her preferences.

To DCA into Bitcoin has to do with the amount you intend to spend on buying Bitcoin over a period of time, consider spreading it across weeks or even months, depending on what you feel comfortable with, but ensure you keep it constant and tight.

But you might want to start expanding your knowledge about other altcoins also, it will help.