Buy Buy Buy or Sell Sell Sell?

[wxa7115]

Exactly that's why most time I don't advice anyone that haven't gotten far in his Bitcoin accummulation to diversify his cash in other investment rather focus on building a nice Bitcoin stash first in his portfolio, before thinking of diversifying yah cash .

Because you doing it now (diversifying) , will only slowdown your Bitcoin accumulation rate . And when it comes to Bitcoin having a small portion ain't encouraging at all , that's why you need to build some good stash through various means of accumulating though it. May Taks time but still worth it .

May be after reaching your accumulation goal you can focus other investment by diversifying yah funds.

Diversification is a strategy designed to protect the capital of the investor, this way if a sector in which they are invested does badly, their portfolio can still offer them a good performance if the rest of the markets are doing well.

But when it comes to building your wealth, concentration is the way to go, investing in too many markets and assets distracts you and dilutes your capital, but by doing the opposite and investing only on the best asset possible, you can dedicate your whole energy to it and become an expert much more quickly than if you took the diversification route.

Besides a great deal of the time the people that claim to use the diversification strategy, do it to invest in shitcoins which is not true diversification, not only because they are not investing in a different market than the one bitcoin created, but also because by doing so they are increasing their risk instead of reducing it, which is the true aim of diversification.

[Barikui1]

Exactly that's why most time I don't advice anyone that haven't gotten far in his Bitcoin accummulation to diversify his cash in other investment rather focus on building a nice Bitcoin stash first in his portfolio, before thinking of diversifying yah cash .

Because you doing it now (diversifying) , will only slowdown your Bitcoin accumulation rate . And when it comes to Bitcoin having a small portion ain't encouraging at all , that's why you need to build some good stash through various means of accumulating though it. May Taks time but still worth it .

May be after reaching your accumulation goal you can focus other investment by diversifying yah funds.

Diversification is a strategy designed to protect the capital of the investor, this way if a sector in which they are invested does badly, their portfolio can still offer them a good performance if the rest of the markets are doing well.

But when it comes to building your wealth, concentration is the way to go, investing in too many markets and assets distracts you and dilutes your capital, but by doing the opposite and investing only on the best asset possible, you can dedicate your whole energy to it and become an expert much more quickly than if you took the diversification route.

Besides a great deal of the time the people that claim to use the diversification strategy, do it to invest in shitcoins which is not true diversification, not only because they are not investing in a different market than the one bitcoin created, but also because by doing so they are increasing their risk instead of reducing it, which is the true aim of diversification.

In my own point of view, when it comes to investment away from cryptocurrency generally, diversification is key and an important player in giving an investor financial stability, but when it comes to digital currencies, their is nothing to diversify, because their is no substitute to Bitcoin, Bitcoin is king, their is no other coin that is better or even close to Bitcoin, so what's the point diversifying, so in essence is that, if it's an investment outside crypto, then diversification is very good, because it gives you stability, but in crypto, it's either you invest in Bitcoin which is the real deal or get burn by alt or shit coin.

Lastly, as a Bitcoin investor that we are, we should try our possible best to have a very good stash of Bitcoin in our possession, then after then, we can think of investing in some other business away from crypto, to secure our future.

[Pi-network314159]

 It's true that there are risks with volatility and trading in Bitcoin and nothing is a sure bet in the investment world. But hey, many of us, myself included, see Bitcoin as a solid investment choice for regular folks. We believe in its potential even though there are no guarantees in the market. It's all about having confidence in our choices while acknowledging the uncertainties that come with investing.

Well said, I agree with you. Acceptance of uncertainty in any investment including Bitcoin investment is what makes the difference. Bitcoin have shown us a good price track, be it in bear or bull season we believe Bitcoin will will recover of course price moves cannot be in one direction, so we only need patience and trust our investment decisions as far as Bitcoin value and demand keep being on the increasing side, no need for worry.
Currently Bitcoin is one of the best investment in the world with potentials.

when you understand the scenarios of Bitcoin you will notice that bitcoin is good for someone to invest, but the thing is that many of us who brought their brothers and the sisters into bitcoin investment don't use to give them a clearer lecture and the clearance scenario of Bitcoin transaction it is when someone have read and the understand the procedures and the protocols of Bitcoin investment is when the person will fully embrace it method of investment. When you are investing in Bitcoin you don't have to be panic because you know that the price of Bitcoin is not constant and they can not be constant it might fluctuate today and tomorrow the price increase or decrease it so that is why you have to know that investing in Bitcoin is risk and the anything that has to do with risky you move to exercise a patient to ensure that you make the profit that you are looking for.

Bitcoin is undeniable the best investment to choose by people, but we can't also force those people open up a discussion or teaching some people they know to teach all they know since maybe the person is busy for a lot of things and they teach basic things to those people to determine if they are interested and want to continue.

Since there are people who are interested at first but don't proceed. That's why this is a total waste of effort for us. So after we teach them about bitcoin then we must look after on who among them stay since that means they are the best candidate to teach a lot of things about bitcoin including how to do DCA or deal with their accumulation, Risk management and know h when to sell to take their profit . Those things is important to consider so that they could possibly get a positive result for their selves. Patience also play big roles on our success so we won't get bothered by any fuds.

A beginner that is been introduced into bitcoin investment should not be taught when to sell and take profit because it is not important at that moment since he still have a long way to go in his bitcoin journey and overtime he will know the right time he needs to take profit when he has reached his bitcoin target. The reason why it is not good to tell them when to sell is that, it make make them to think that selking along the way when building their portfolio is good, unknown to them that it will deprive them from accumulating and increasing their bitcoin portfolio overtime.

I don't agree with you on that. There is need to explain to a newbie everything they need to know about investment including how to buy and sell, but that doesn't mean teaching the how to sell will put them to more dangers. Investment is actbor maturity amd self control of holding for a longer time. Even if you said you will not teach the person, he or sheay decide to look for alternative elsewhere and may still get access to sell for a little profit. All you have to do is to uneducate him on self controle and the results or selling bitcoin prematurely. Advice goes along way than depriving them of the knowledge they speak. If you decide not to teach them how to buy or sell, how can dey be accumulate bitcoin in weekly? Because I know accumulation process requires you to buy and stack. When you don't know how to buy, how can such person be able to do it by him or herself? You should think out of the box. Just like a mother that failed to teach her child sex education and what sex is all about for the sake of her not being currupt, such child will still learn it someday in a man house and you know what that means? Lol

It will also be a distraction for them if they see a little profit with the quantity of bitcoin that they have. It is better to tell them that they should just keep buying and piling up their fiat in bitcoin to save the value of their fiat in a long term and also to have an additional profit that their bitcoin investment will generate. Long term goal is the target, so you try to make them understand why selling is not a wise decision during accumulating phase.

There will be no distraction. I still stand on saying thesame thing, let them know what they are doing. You sound as if a newbie in investment is a child, what if it is a full grown adult, would you also not teach him? Let's be realistic when make references. Sometimes what we do may be misleeding but we wouldn't know we are going the wrong direction. What am saying is that they deserve the right to know all about what they are into. And the decision is best for them because you are indirectly trying to deprive someone from his personal decition making, all in the name of helping the person. HODling for long term is not by force just play your part and leave the rest for them.

[Kliss]

 It's true that there are risks with volatility and trading in Bitcoin and nothing is a sure bet in the investment world. But hey, many of us, myself included, see Bitcoin as a solid investment choice for regular folks. We believe in its potential even though there are no guarantees in the market. It's all about having confidence in our choices while acknowledging the uncertainties that come with investing.

Well said, I agree with you. Acceptance of uncertainty in any investment including Bitcoin investment is what makes the difference. Bitcoin have shown us a good price track, be it in bear or bull season we believe Bitcoin will will recover of course price moves cannot be in one direction, so we only need patience and trust our investment decisions as far as Bitcoin value and demand keep being on the increasing side, no need for worry.
Currently Bitcoin is one of the best investment in the world with potentials.

when you understand the scenarios of Bitcoin you will notice that bitcoin is good for someone to invest, but the thing is that many of us who brought their brothers and the sisters into bitcoin investment don't use to give them a clearer lecture and the clearance scenario of Bitcoin transaction it is when someone have read and the understand the procedures and the protocols of Bitcoin investment is when the person will fully embrace it method of investment. When you are investing in Bitcoin you don't have to be panic because you know that the price of Bitcoin is not constant and they can not be constant it might fluctuate today and tomorrow the price increase or decrease it so that is why you have to know that investing in Bitcoin is risk and the anything that has to do with risky you move to exercise a patient to ensure that you make the profit that you are looking for.

Bitcoin is undeniable the best investment to choose by people, but we can't also force those people open up a discussion or teaching some people they know to teach all they know since maybe the person is busy for a lot of things and they teach basic things to those people to determine if they are interested and want to continue.

Since there are people who are interested at first but don't proceed. That's why this is a total waste of effort for us. So after we teach them about bitcoin then we must look after on who among them stay since that means they are the best candidate to teach a lot of things about bitcoin including how to do DCA or deal with their accumulation, Risk management and know h when to sell to take their profit . Those things is important to consider so that they could possibly get a positive result for their selves. Patience also play big roles on our success so we won't get bothered by any fuds.

A beginner that is been introduced into bitcoin investment should not be taught when to sell and take profit because it is not important at that moment since he still have a long way to go in his bitcoin journey and overtime he will know the right time he needs to take profit when he has reached his bitcoin target. The reason why it is not good to tell them when to sell is that, it make make them to think that selking along the way when building their portfolio is good, unknown to them that it will deprive them from accumulating and increasing their bitcoin portfolio overtime.

I don't agree with you on that. There is need to explain to a newbie everything they need to know about investment including how to buy and sell, but that doesn't mean teaching the how to sell will put them to more dangers. Investment is actbor maturity amd self control of holding for a longer time. Even if you said you will not teach the person, he or sheay decide to look for alternative elsewhere and may still get access to sell for a little profit. All you have to do is to uneducate him on self controle and the results or selling bitcoin prematurely. Advice goes along way than depriving them of the knowledge they speak. If you decide not to teach them how to buy or sell, how can dey be accumulate bitcoin in weekly? Because I know accumulation process requires you to buy and stack. When you don't know how to buy, how can such person be able to do it by him or herself? You should think out of the box. Just like a mother that failed to teach her child sex education and what sex is all about for the sake of her not being currupt, such child will still learn it someday in a man house and you know what that means? Lol

It will also be a distraction for them if they see a little profit with the quantity of bitcoin that they have. It is better to tell them that they should just keep buying and piling up their fiat in bitcoin to save the value of their fiat in a long term and also to have an additional profit that their bitcoin investment will generate. Long term goal is the target, so you try to make them understand why selling is not a wise decision during accumulating phase.

There will be no distraction. I still stand on saying thesame thing, let them know what they are doing. You sound as if a newbie in investment is a child, what if it is a full grown adult, would you also not teach him? Let's be realistic when make references. Sometimes what we do may be misleeding but we wouldn't know we are going the wrong direction. What am saying is that they deserve the right to know all about what they are into. And the decision is best for them because you are indirectly trying to deprive someone from his personal decition making, all in the name of helping the person. HODling for long term is not by force just play your part and leave the rest for them.

The major keys newbie should consider in their early phase of bitcoin investment to achieve good profit, is to be  ready for the long term holding, consistency in  their accumulation (stacking up), and Enduring through the ups and down in other to build a solid  bitcoin portfolio. As a newbie, you already know that  at the right time you can sell, but it's not necessary at the early phase of their investment. When you're consistent and you have accumulated enough over the long period of time, and you are satisfied with it, Selling will not be an issue. The major reasons that a  newbie shouldn't think of selling in their early stages of investment,  price fluctuations can make them shaky in their investment and they might sell ay the wrong time whichcan make them loose out. But if they keep up to their investment they will gain knowledge along the line and understand  how Bitcoin works. They need to understand and have  that long term perspective mindset, can endure and be consistent in their bitcoin accumulation. selling will never be an issue, along the line they will keep gaining more knowledge in everything concerning bitcoin. A new investors can gain valuable experience and knowledge about Bitcoin while steadily growing their investment. It's all about staying in the course and building that solid foundation for long-term success in the world of Bitcoin.

[Sim_card]

 It's true that there are risks with volatility and trading in Bitcoin and nothing is a sure bet in the investment world. But hey, many of us, myself included, see Bitcoin as a solid investment choice for regular folks. We believe in its potential even though there are no guarantees in the market. It's all about having confidence in our choices while acknowledging the uncertainties that come with investing.

Well said, I agree with you. Acceptance of uncertainty in any investment including Bitcoin investment is what makes the difference. Bitcoin have shown us a good price track, be it in bear or bull season we believe Bitcoin will will recover of course price moves cannot be in one direction, so we only need patience and trust our investment decisions as far as Bitcoin value and demand keep being on the increasing side, no need for worry.
Currently Bitcoin is one of the best investment in the world with potentials.

when you understand the scenarios of Bitcoin you will notice that bitcoin is good for someone to invest, but the thing is that many of us who brought their brothers and the sisters into bitcoin investment don't use to give them a clearer lecture and the clearance scenario of Bitcoin transaction it is when someone have read and the understand the procedures and the protocols of Bitcoin investment is when the person will fully embrace it method of investment. When you are investing in Bitcoin you don't have to be panic because you know that the price of Bitcoin is not constant and they can not be constant it might fluctuate today and tomorrow the price increase or decrease it so that is why you have to know that investing in Bitcoin is risk and the anything that has to do with risky you move to exercise a patient to ensure that you make the profit that you are looking for.

Bitcoin is undeniable the best investment to choose by people, but we can't also force those people open up a discussion or teaching some people they know to teach all they know since maybe the person is busy for a lot of things and they teach basic things to those people to determine if they are interested and want to continue.

Since there are people who are interested at first but don't proceed. That's why this is a total waste of effort for us. So after we teach them about bitcoin then we must look after on who among them stay since that means they are the best candidate to teach a lot of things about bitcoin including how to do DCA or deal with their accumulation, Risk management and know h when to sell to take their profit . Those things is important to consider so that they could possibly get a positive result for their selves. Patience also play big roles on our success so we won't get bothered by any fuds.

A beginner that is been introduced into bitcoin investment should not be taught when to sell and take profit because it is not important at that moment since he still have a long way to go in his bitcoin journey and overtime he will know the right time he needs to take profit when he has reached his bitcoin target. The reason why it is not good to tell them when to sell is that, it make make them to think that selking along the way when building their portfolio is good, unknown to them that it will deprive them from accumulating and increasing their bitcoin portfolio overtime.

I don't agree with you on that. There is need to explain to a newbie everything they need to know about investment including how to buy and sell, but that doesn't mean teaching the how to sell will put them to more dangers. Investment is actbor maturity amd self control of holding for a longer time. Even if you said you will not teach the person, he or sheay decide to look for alternative elsewhere and may still get access to sell for a little profit. All you have to do is to uneducate him on self controle and the results or selling bitcoin prematurely. Advice goes along way than depriving them of the knowledge they speak. If you decide not to teach them how to buy or sell, how can dey be accumulate bitcoin in weekly? Because I know accumulation process requires you to buy and stack. When you don't know how to buy, how can such person be able to do it by him or herself? You should think out of the box. Just like a mother that failed to teach her child sex education and what sex is all about for the sake of her not being currupt, such child will still learn it someday in a man house and you know what that means? Lol

It will also be a distraction for them if they see a little profit with the quantity of bitcoin that they have. It is better to tell them that they should just keep buying and piling up their fiat in bitcoin to save the value of their fiat in a long term and also to have an additional profit that their bitcoin investment will generate. Long term goal is the target, so you try to make them understand why selling is not a wise decision during accumulating phase.

There will be no distraction. I still stand on saying thesame thing, let them know what they are doing. You sound as if a newbie in investment is a child, what if it is a full grown adult, would you also not teach him? Let's be realistic when make references. Sometimes what we do may be misleeding but we wouldn't know we are going the wrong direction. What am saying is that they deserve the right to know all about what they are into. And the decision is best for them because you are indirectly trying to deprive someone from his personal decition making, all in the name of helping the person. HODling for long term is not by force just play your part and leave the rest for them.

Everyone have their choices to make when it comes to bitcoin investment. I think that it is better not to introduce selling to a newbie as part of the basic knowledge of bitcoin. If I am to teach a newbie, I will tell him that if he sells too quick he would not be able to have a good profit from his bitcoin investment in future because, bitcoin invest is risky due to the volatile nature, it is only when you hodli, you will make profit. It is good to teach people the right way to be a long term hodler in the beginning, and let them decide for themselves along their bitcoin journey on how to go about it. So that if anything goes the opposite, you will not be held responsible.

Imagine that you introduced bitcoin to your friend and how to invest, you also told him about selling, because I know that whoever you tell about selling will ask you when is the right time to sell, and you told him when you have made profit. The moment he makes little profit and sell within one year and could not buy back because the price soar higher. He has  no experience in the market, if he cannot buy back, the goal of investing and accumulating is dead and he can come back tomorrow to blame you for telling him about selling his bitcoin, when bitcoin price is very expensive in future. Also whoever can buy bitcoin from an exchange can likewise sell on his own without anyone showing him, after he has spent sometime buying always. Let that person learn how to sell on his own. In bitcoin investment there are stages, and during the first phase which is the accumulation phase, you don't think of selling. If you know this, then why will you tell someone who wants to start his bitcoin investment about selling, which is the last stage.

[laijsica]

 It's true that there are risks with volatility and trading in Bitcoin and nothing is a sure bet in the investment world. But hey, many of us, myself included, see Bitcoin as a solid investment choice for regular folks. We believe in its potential even though there are no guarantees in the market. It's all about having confidence in our choices while acknowledging the uncertainties that come with investing.

Well said, I agree with you. Acceptance of uncertainty in any investment including Bitcoin investment is what makes the difference. Bitcoin have shown us a good price track, be it in bear or bull season we believe Bitcoin will will recover of course price moves cannot be in one direction, so we only need patience and trust our investment decisions as far as Bitcoin value and demand keep being on the increasing side, no need for worry.
Currently Bitcoin is one of the best investment in the world with potentials.

when you understand the scenarios of Bitcoin you will notice that bitcoin is good for someone to invest, but the thing is that many of us who brought their brothers and the sisters into bitcoin investment don't use to give them a clearer lecture and the clearance scenario of Bitcoin transaction it is when someone have read and the understand the procedures and the protocols of Bitcoin investment is when the person will fully embrace it method of investment. When you are investing in Bitcoin you don't have to be panic because you know that the price of Bitcoin is not constant and they can not be constant it might fluctuate today and tomorrow the price increase or decrease it so that is why you have to know that investing in Bitcoin is risk and the anything that has to do with risky you move to exercise a patient to ensure that you make the profit that you are looking for.

Bitcoin is undeniable the best investment to choose by people, but we can't also force those people open up a discussion or teaching some people they know to teach all they know since maybe the person is busy for a lot of things and they teach basic things to those people to determine if they are interested and want to continue.

Since there are people who are interested at first but don't proceed. That's why this is a total waste of effort for us. So after we teach them about bitcoin then we must look after on who among them stay since that means they are the best candidate to teach a lot of things about bitcoin including how to do DCA or deal with their accumulation, Risk management and know h when to sell to take their profit . Those things is important to consider so that they could possibly get a positive result for their selves. Patience also play big roles on our success so we won't get bothered by any fuds.

A beginner that is been introduced into bitcoin investment should not be taught when to sell and take profit because it is not important at that moment since he still have a long way to go in his bitcoin journey and overtime he will know the right time he needs to take profit when he has reached his bitcoin target. The reason why it is not good to tell them when to sell is that, it make make them to think that selking along the way when building their portfolio is good, unknown to them that it will deprive them from accumulating and increasing their bitcoin portfolio overtime.

I don't agree with you on that. There is need to explain to a newbie everything they need to know about investment including how to buy and sell, but that doesn't mean teaching the how to sell will put them to more dangers. Investment is actbor maturity amd self control of holding for a longer time. Even if you said you will not teach the person, he or sheay decide to look for alternative elsewhere and may still get access to sell for a little profit. All you have to do is to uneducate him on self controle and the results or selling bitcoin prematurely. Advice goes along way than depriving them of the knowledge they speak. If you decide not to teach them how to buy or sell, how can dey be accumulate bitcoin in weekly? Because I know accumulation process requires you to buy and stack. When you don't know how to buy, how can such person be able to do it by him or herself? You should think out of the box. Just like a mother that failed to teach her child sex education and what sex is all about for the sake of her not being currupt, such child will still learn it someday in a man house and you know what that means? Lol

It will also be a distraction for them if they see a little profit with the quantity of bitcoin that they have. It is better to tell them that they should just keep buying and piling up their fiat in bitcoin to save the value of their fiat in a long term and also to have an additional profit that their bitcoin investment will generate. Long term goal is the target, so you try to make them understand why selling is not a wise decision during accumulating phase.

There will be no distraction. I still stand on saying thesame thing, let them know what they are doing. You sound as if a newbie in investment is a child, what if it is a full grown adult, would you also not teach him? Let's be realistic when make references. Sometimes what we do may be misleeding but we wouldn't know we are going the wrong direction. What am saying is that they deserve the right to know all about what they are into. And the decision is best for them because you are indirectly trying to deprive someone from his personal decition making, all in the name of helping the person. HODling for long term is not by force just play your part and leave the rest for them.

Everyone have their choices to make when it comes to bitcoin investment. I think that it is better not to introduce selling to a newbie as part of the basic knowledge of bitcoin. If I am to teach a newbie, I will tell him that if he sells too quick he would not be able to have a good profit from his bitcoin investment in future because, bitcoin invest is risky due to the volatile nature, it is only when you hodli, you will make profit. It is good to teach people the right way to be a long term hodler in the beginning, and let them decide for themselves along their bitcoin journey on how to go about it. So that if anything goes the opposite, you will not be held responsible.

You are right! The individual independence of each investor should be the criterion for evaluating his opinion and he should be properly advised. The mistakes of new investors in Bitcoin can be relatively high because they may not be aware enough about the importance of holdings initially. You must set aside time for newbies so that they can be motivated to take up a fair amount of time to build up their holdings to a decent size. Advising them not to make aggressive purchases initially if they don't have enough cash to accumulate bitcoins. In case of aggressive buying, he is advised to keep enough of his cash so that in case of emergency, he can use that cash float to meet his urgent needs without interfering with any investment.
He has to maintain consistency to continue his savings and that is atleast 4-10 years with recommendations and to have a decent portfolio for him. You can only give him the right advice to keep the bitcoin holding and protect his capital and get enough profit.
In many cases, new investors may take your advice as a reflection of common sense but their goal should be to build a stack that will allow them to hold a lot of bitcoins in the future.

[teamsherry]

Exactly that's why most time I don't advice anyone that haven't gotten far in his Bitcoin accummulation to diversify his cash in other investment rather focus on building a nice Bitcoin stash first in his portfolio, before thinking of diversifying yah cash .

Because you doing it now (diversifying) , will only slowdown your Bitcoin accumulation rate . And when it comes to Bitcoin having a small portion ain't encouraging at all , that's why you need to build some good stash through various means of accumulating though it. May Taks time but still worth it .

May be after reaching your accumulation goal you can focus other investment by diversifying yah funds.

Diversification is a strategy designed to protect the capital of the investor, this way if a sector in which they are invested does badly, their portfolio can still offer them a good performance if the rest of the markets are doing well.

But when it comes to building your wealth, concentration is the way to go, investing in too many markets and assets distracts you and dilutes your capital, but by doing the opposite and investing only on the best asset possible, you can dedicate your whole energy to it and become an expert much more quickly than if you took the diversification route.

Besides a great deal of the time the people that claim to use the diversification strategy, do it to invest in shitcoins which is not true diversification, not only because they are not investing in a different market than the one bitcoin created, but also because by doing so they are increasing their risk instead of reducing it, which is the true aim of diversification.

In my own point of view, when it comes to investment away from cryptocurrency generally, diversification is key and an important player in giving an investor financial stability, but when it comes to digital currencies, their is nothing to diversify, because their is no substitute to Bitcoin, Bitcoin is king, their is no other coin that is better or even close to Bitcoin, so what's the point diversifying, so in essence is that, if it's an investment outside crypto, then diversification is very good, because it gives you stability, but in crypto, it's either you invest in Bitcoin which is the real deal or get burn by alt or shit coin.

Lastly, as a Bitcoin investor that we are, we should try our possible best to have a very good stash of Bitcoin in our possession, then after then, we can think of investing in some other business away from crypto, to secure our future.

The point is you don't build wealth by diversification, what's the need of having so many asset and so little invested in all, as a bitcoin investor you should focus on building a good stash in bitcoin first before you think of diversifying, then when you have at least a while year of your living expenses in bitcoin then you can consider diversifying into other asset.

Bitcoin right now has more potential than any other asset I know, so it's a better idea to focus on building my Portfolio in it and this could take up to 4 years before I can have a whole year of my living expenses in bitcoin because of how much I'm investing now and it could also differ with someone else.

If your trying to build wealth don't rush, focus on one and when it has grown and you have a good amount invested then you can diversify into any other asset class of your choice.

[Moreno233]

The point is you don't build wealth by diversification, what's the need of having so many asset and so little invested in all, as a bitcoin investor you should focus on building a good stash in bitcoin first before you think of diversifying, then when you have at least a while year of your living expenses in bitcoin then you can consider diversifying into other asset.

I don't know how you arrived at this statement but I have noticed it to be the case with most of the world's billionaires,  they became rich through a single product before some of them diversified. Bill Gate, Jeff Bezos, Elon Musk and many others were all known for a single product which made them rich before they later diversified into others things. So it could be said that starting an investment career or wealth creation process might require one to focus on one asset which in our case is Bitcoin, this way it will be given the attention it deserves. Diversification should only be consider probably when one have riched his portfolio objectives in terms Bitcoin stash.

Bitcoin right now has more potential than any other asset I know, so it's a better idea to focus on building my Portfolio in it and this could take up to 4 years before I can have a whole year of my living expenses in bitcoin because of how much I'm investing now and it could also differ with someone else.

Most times diversification is not just about the profit margin but as a way of spreading the risk. People diversify on the basis of hedging against risk so that they will remain afloat no matter what the future throws at them. We understand that the risk in Bitcoin is less but then you cannot completely know what the future have to offer.

[promise444c5]

Lastly, as a Bitcoin investor that we are, we should try our possible best to have a very good stash of Bitcoin in our possession, then after then, we can think of investing in some other business away from crypto, to secure our future.

I don't know what you  mean by securing future.. but getting a lot stashed into Bitcoin  can secure a future , not bad if you think you've stashed enough to also add investment into other businesses as support but that depends on how you evaluate your stash with the word Enough....
I don't know how it's been viewed,adding other investment is a good idea but that shouldn't completely stop you from investing into btc although strategies apart from DCA could be utilised like buying dips when there's already a good stashed available

[Bravut]

The point is you don't build wealth by diversification, what's the need of having so many asset and so little invested in all, as a bitcoin investor you should focus on building a good stash in bitcoin first before you think of diversifying, then when you have at least a while year of your living expenses in bitcoin then you can consider diversifying into other asset.

I don't know how you arrived at this statement but I have noticed it to be the case with most of the world's billionaires,  they became rich through a single product before some of them diversified. Bill Gate, Jeff Bezos, Elon Musk and many others were all known for a single product which made them rich before they later diversified into others things. So it could be said that starting an investment career or wealth creation process might require one to focus on one asset which in our case is Bitcoin, this way it will be given the attention it deserves. Diversification should only be consider probably when one have riched his portfolio objectives in terms Bitcoin stash.

Bitcoin right now has more potential than any other asset I know, so it's a better idea to focus on building my Portfolio in it and this could take up to 4 years before I can have a whole year of my living expenses in bitcoin because of how much I'm investing now and it could also differ with someone else.

Most times diversification is not just about the profit margin but as a way of spreading the risk. People diversify on the basis of hedging against risk so that they will remain afloat no matter what the future throws at them. We understand that the risk in Bitcoin is less but then you cannot completely know what the future have to offer.

I agree with you.
When one invest in Bitcoin he Should firstly build  a good solid Bitcoin portfolio and focus on it not thinking about diversifying into any shit coin, if diversifying should be considered probably into any other physical asset of which the funds are readily available and not related to Bitcoin funds or holdings.
As you mentioned which I agree as the merits of diversifying and also affirm that wealth can be made through Diversifying with the right assets.

[Frankolala]

The point is you don't build wealth by diversification, what's the need of having so many asset and so little invested in all, as a bitcoin investor you should focus on building a good stash in bitcoin first before you think of diversifying, then when you have at least a while year of your living expenses in bitcoin then you can consider diversifying into other asset.

I don't know how you arrived at this statement but I have noticed it to be the case with most of the world's billionaires,  they became rich through a single product before some of them diversified. Bill Gate, Jeff Bezos, Elon Musk and many others were all known for a single product which made them rich before they later diversified into others things. So it could be said that starting an investment career or wealth creation process might require one to focus on one asset which in our case is Bitcoin, this way it will be given the attention it deserves. Diversification should only be consider probably when one have riched his portfolio objectives in terms Bitcoin stash.

Bitcoin right now has more potential than any other asset I know, so it's a better idea to focus on building my Portfolio in it and this could take up to 4 years before I can have a whole year of my living expenses in bitcoin because of how much I'm investing now and it could also differ with someone else.

Most times diversification is not just about the profit margin but as a way of spreading the risk. People diversify on the basis of hedging against risk so that they will remain afloat no matter what the future throws at them. We understand that the risk in Bitcoin is less but then you cannot completely know what the future have to offer.

I agree with you.
When one invest in Bitcoin he Should firstly build  a good solid Bitcoin portfolio and focus on it not thinking about diversifying into any shit coin, if diversifying should be considered probably into any other physical asset of which the funds are readily available and not related to Bitcoin funds or holdings.
As you mentioned which I agree as the merits of diversifying and also affirm that wealth can be made through Diversifying with the right assets.

I don't like the idea of diversifying your bitcoin portfolio into shitcoin because I don't think that shitcoin is an assest and it is in the same line with bitcoin. You should understand that bitoin is king and other cryptocurrency depends on bitcoin price movement for them to perform in the market. So if you diversify into shitcoin when bitcoin price dips, all your investment will depreciate in value making it more risky.

It is good to diversify into other investments like bond, stock, cash related properties and cash equivalents so that if bitcoin price dips your other investments will not face the same value depreciation but they might be into profit at that time, balancing up your investments value. It is good to diversify into assest that will last very long.

[Rabata]

Lastly, as a Bitcoin investor that we are, we should try our possible best to have a very good stash of Bitcoin in our possession, then after then, we can think of investing in some other business away from crypto, to secure our future.

I don't know what you  mean by securing future.. but getting a lot stashed into Bitcoin  can secure a future , not bad if you think you've stashed enough to also add investment into other businesses as support but that depends on how you evaluate your stash with the word Enough....
I don't know how it's been viewed,adding other investment is a good idea but that shouldn't completely stop you from investing into btc although strategies apart from DCA could be utilised like buying dips when there's already a good stashed available

If Bitcoin is stored regularly using DCA then its volatility should have no effect. An investor can buy bitcoins from any dip he wants. But he can never be sure when that dip will come. Because of which we can consider DCA as the best strategy for savings. And Bitcoin is said to be the best investment platform for long-term investment. An investor can invest anywhere as per his choice but he can be a good holder of Bitcoin when he has depth knowledge of why it is necessary to invest in Bitcoin and what are the advantages of investing in Bitcoin over investing in other platforms.

[Moreno233]

The point is you don't build wealth by diversification, what's the need of having so many asset and so little invested in all, as a bitcoin investor you should focus on building a good stash in bitcoin first before you think of diversifying, then when you have at least a while year of your living expenses in bitcoin then you can consider diversifying into other asset.

I don't know how you arrived at this statement but I have noticed it to be the case with most of the world's billionaires,  they became rich through a single product before some of them diversified. Bill Gate, Jeff Bezos, Elon Musk and many others were all known for a single product which made them rich before they later diversified into others things. So it could be said that starting an investment career or wealth creation process might require one to focus on one asset which in our case is Bitcoin, this way it will be given the attention it deserves. Diversification should only be consider probably when one have riched his portfolio objectives in terms Bitcoin stash.

I agree with you.
When one invest in Bitcoin he Should firstly build  a good solid Bitcoin portfolio and focus on it not thinking about diversifying into any shit coin, if diversifying should be considered probably into any other physical asset of which the funds are readily available and not related to Bitcoin funds or holdings.
As you mentioned which I agree as the merits of diversifying and also affirm that wealth can be made through Diversifying with the right assets.

I don't like the idea of diversifying your bitcoin portfolio into shitcoin because I don't think that shitcoin is an assest and it is in the same line with bitcoin. You should understand that bitoin is king and other cryptocurrency depends on bitcoin price movement for them to perform in the market. So if you diversify into shitcoin when bitcoin price dips, all your investment will depreciate in value making it more risky.

Note that my support for diversification when an investor have reached his Bitcoin target does not mean I'm recommending other coins. Investment in other coins apart from Bitcoin can never be regarded as diversification because Bitcoin is the best there is and if anything happens to Bitcoin, it affects every other thing to has coin attached to it. My idea about diversification,  which I know you also support, is investments real estate, agriculture and many others that might also be good source of profits with some sort of stability and reliability even though risk cannot be completely removed from Investment.

Diversification should involve assets that have insurance cover, this way you can be rest assured that it is a reliable hedge against Bitcoin which do not have insurance cover as we are yet to see insurance in this area of investment.

[Lanatsa]

The point is you don't build wealth by diversification, what's the need of having so many asset and so little invested in all, as a bitcoin investor you should focus on building a good stash in bitcoin first before you think of diversifying, then when you have at least a while year of your living expenses in bitcoin then you can consider diversifying into other asset.

I don't know how you arrived at this statement but I have noticed it to be the case with most of the world's billionaires,  they became rich through a single product before some of them diversified. Bill Gate, Jeff Bezos, Elon Musk and many others were all known for a single product which made them rich before they later diversified into others things. So it could be said that starting an investment career or wealth creation process might require one to focus on one asset which in our case is Bitcoin, this way it will be given the attention it deserves. Diversification should only be consider probably when one have riched his portfolio objectives in terms Bitcoin stash.

I agree with you.
When one invest in Bitcoin he Should firstly build  a good solid Bitcoin portfolio and focus on it not thinking about diversifying into any shit coin, if diversifying should be considered probably into any other physical asset of which the funds are readily available and not related to Bitcoin funds or holdings.
As you mentioned which I agree as the merits of diversifying and also affirm that wealth can be made through Diversifying with the right assets.

I don't like the idea of diversifying your bitcoin portfolio into shitcoin because I don't think that shitcoin is an assest and it is in the same line with bitcoin. You should understand that bitoin is king and other cryptocurrency depends on bitcoin price movement for them to perform in the market. So if you diversify into shitcoin when bitcoin price dips, all your investment will depreciate in value making it more risky.

Note that my support for diversification when an investor have reached his Bitcoin target does not mean I'm recommending other coins. Investment in other coins apart from Bitcoin can never be regarded as diversification because Bitcoin is the best there is and if anything happens to Bitcoin, it affects every other thing to has coin attached to it. My idea about diversification,  which I know you also support, is investments real estate, agriculture and many others that might also be good source of profits with some sort of stability and reliability even though risk cannot be completely removed from Investment.

Diversification should involve assets that have insurance cover, this way you can be rest assured that it is a reliable hedge against Bitcoin which do not have insurance cover as we are yet to see insurance in this area of investment.

Bitcoin is best and there's no doubt about that since its the main coin that we could really give or put our trust into but doesnt mean that it would really be that 100% assurance that it could give out into those things that you've been hoping for.Always set yourself that being that expecting for unexpected things to happen because we know that in investment world, there would really be no assurance in regarding
about success or guaranteed profits. Always take precautions and this is why some people would really be that trying out to spread the risks or lessening it out and this is why they would really be having those considerations that they will really be that having that diversified portfolio because they are really that trying out to divide the risks on which its not really that a bad idea either.

Somehow in overall, majority of us would really be normally sticking with Bitcoin because this is the main coin that the entire community is really that support on which no doubt that it could give out
guaranteed profits on the moment that you do hold it for long term but we do know that not all would really be having the patience on holding for too long and this is why they do
really end up on dealing with other coinns/tokens which are available in the market.

[bestcoins1]

I agree with you.
When one invest in Bitcoin he Should firstly build  a good solid Bitcoin portfolio and focus on it not thinking about diversifying into any shit coin, if diversifying should be considered probably into any other physical asset of which the funds are readily available and not related to Bitcoin funds or holdings.
As you mentioned which I agree as the merits of diversifying and also affirm that wealth can be made through Diversifying with the right assets.

It will be very easy for an investor to choose when he starts investing in Bitcoin and also starts investing in other physical assets. But if you want to focus more on Bitcoin, it's a good idea to place slightly larger funds in Bitcoin than in other physical assets, which can also break your focus as an investor who is aiming for large profits. I don't blame people who like to invest in any physical asset, as long as it can be very convenient for him, but for those who are already familiar with Bitcoin. It's a good idea to use this opportunity to invest in Bitcoin in larger amounts because it will be much better for anyone.

[I_Anime]

I don't like the idea of diversifying your bitcoin portfolio into shitcoin because I don't think that shitcoin is an assest and it is in the same line with bitcoin. You should understand that bitoin is king and other cryptocurrency depends on bitcoin price movement for them to perform in the market. So if you diversify into shitcoin when bitcoin price dips, all your investment will depreciate in value making it more risky

Exactly it ain't smart to diversify your hard earn funds into some random shitcoins, due to urge of wanting to make some fast money by trying to take the volatility for your advantage. You will only endup getting yourself rekt . Because most of this shitcoins speculation price are not to be trusted, because that's the means Most people are use to lure investors in investing in some shitcoins . Because is just a mere speculation or assumption, because some shitcoins may just dip and won't recover and that how you will just lose your hard-earned cash that's why is better to focus on something that you are more familiar with , and with some massive potential which is Bitcoin though there's no guarantees that it will keep on increasing in value but still it worth the risk investing in it.

[JayJuanGee]

[edited out]

.....Diversifying investments can help balance risks and potentially outperform other investment choices in the long run. It's all about playing the long game and staying patient while keeping an eye on the potential growth opportunities that may arise.

Surely, I never said anything about any need to diversify.. especially for a new investor who may well be fine just diversifying into bitcoin and dollars (fiat).. so yeah you are adding that idea in and even seeming to suggest that it might be in line with some of the things that I had been talking about - which to me diversification seems to have the potential overly complicating (or diluting of his investment into bitcoin). 

Sure, after several years of building your bitcoin portfolio, maybe even 6-10 years or longer it might start to make sense to diversify into some other kinds of assets such as stocks, bonds, properties, commodities and/or cash or cash equivalents..

Alternatively, if a person heavily front-loads into bitcoin rather than DCA investing, then there also could be some justification in regards to diversifying since such person is already starting to build his BTC holdings from a large amount rather than building over time, which many investors take a whole hell of a long time to build any kind of decent and/or meaningful investment into anything (including bitcoin) that would justify diversifying. 

Diversifying for the mere sake of diversifying (because it sounds prudent and "smart" people say it) hardly makes any sense.. and makes even less sense if you are using that term of diversifying in order to justify holding some shitcoins... which is even dummer.. and in the context of shitcoins, likely there is gambling involved, and surely anyone who is really tempted and cannot control themselves in terms of wanting to have some shitcoin exposure (gamble), then they should at least limit that exposure to less than 10% the size of their bitcoin holdings.

Exactly that's why most time I don't advice anyone that haven't gotten far in his Bitcoin accummulation to diversify his cash in other investment rather focus on building a nice Bitcoin stash first in his portfolio, before thinking of diversifying yah cash .

Because you doing it now (diversifying) , will only slowdown your Bitcoin accumulation rate . And when it comes to Bitcoin having a small portion ain't encouraging at all , that's why you need to build some good stash through various means of accumulating though it. May Taks time but still worth it .

May be after reaching your accumulation goal you can focus other investment by diversifying yah funds.

You do not have to reach your accumulation goal before starting to think about diversifying or even to enter into a process of actually creating more diversification in your investment portfolio (beyond mere bitcoin and cash), so surely the beginner investor need not be thinking too much about diversification for the mere sake of diversification.. yet the point at which such needs for diversification triggers is likely going to differ for each person, and there is likely not any exact correct way to do it, even though some ways will likely pay off better than others, but in the end, when a person is trying to balance risk, cashflow and other kinds of considerations regarding how he views bitcoin as compared with other investment possibilities that he has, and these can all have a lot of variance that goes way beyond the topic of this thread  - yet my main point is to object to those spouting out ideas of diversification that seems to have little to no thought except that they heard others say it and so it sounds like a good idea.. and also some of the lost puppies fucking around with shitcoins seem to wrongly come to conclusions that "diversification is a good thing."

[Bravut]

I agree with you.
When one invest in Bitcoin he Should firstly build  a good solid Bitcoin portfolio and focus on it not thinking about diversifying into any shit coin, if diversifying should be considered probably into any other physical asset of which the funds are readily available and not related to Bitcoin funds or holdings.
As you mentioned which I agree as the merits of diversifying and also affirm that wealth can be made through Diversifying with the right assets.

It will be very easy for an investor to choose when he starts investing in Bitcoin and also starts investing in other physical assets. But if you want to focus more on Bitcoin, it's a good idea to place slightly larger funds in Bitcoin than in other physical assets, which can also break your focus as an investor who is aiming for large profits. I don't blame people who like to invest in any physical asset, as long as it can be very convenient for him, but for those who are already familiar with Bitcoin. It's a good idea to use this opportunity to invest in Bitcoin in larger amounts because it will be much better for anyone.

It solely the decision of any investor to decide how much he is willing to invest in Bitcoin or any other asset. Bitcoin have high return proportional to the investors Level of Accumulation of it (stash) which is guaranteed in a long run, it simply a matter of discipline, if the investor is disciplined there is nothing that can shift his focus.

Planning above everything. I believe if the investor monitors both asset, then he will know the one that is performing more which will determine wether he invests more into it.

[JayJuanGee]

It solely the decision of any investor to decide how much he is willing to invest in Bitcoin or any other asset. Bitcoin have high return proportional to the investors Level of Accumulation of it (stash) which is guaranteed in a long run, it simply a matter of discipline, if the investor is disciplined there is nothing that can shift his focus.

Bitcoin's price performance is not guaranteed in the long run to go up  - even though many folks (including myself) invest into bitcoin based on presumptions that it is more likely than not to go up in the long run... so each of us needs to establish our position size in accordance with a variety of factors, including the factor that BTC's price is not guaranteed to go up.

[Justinapeter]

It solely the decision of any investor to decide how much he is willing to invest in Bitcoin or any other asset. Bitcoin have high return proportional to the investors Level of Accumulation of it (stash) which is guaranteed in a long run, it simply a matter of discipline, if the investor is disciplined there is nothing that can shift his focus.

Bitcoin's price performance is not guaranteed in the long run to go up  - even though many folks (including myself) invest into bitcoin based on presumptions that it is more likely than not to go up in the long run... so each of us needs to establish our position size in accordance with a variety of factors, including the factor that BTC's price is not guaranteed to go up.

I agree with you and It is not known exactly whether there is any reason behind the increase in the price of Bitcoin, but we can imagine that the price of Bitcoin will increase constantly. While the price of science is likely to rise further from its current position, various studies suggest that Bitcoin will go higher than its current position. We can say for sure that Bitcoin will change in the future and we will see it. As the price of Bitcoin is increasing and its popularity is increasing day by day, we can definitely say that in the future people will buy more Bitcoins and the demand for Bitcoins will increase. The price of Bitcoin will increase mainly because there is no new supply to the market, but because Bitcoin is limited, the number of Bitcoin investors will increase and the demand for Bitcoin will continue to increase.
My opinion.