Guys, I've been thinking about this and wanted to share it with you because you all feel like family to me lol. Lately, I haven't been earning much, and after ranking up these past few months, I lost a lot trading Memecoins. The altcoins I'm holding don't seem like they'll give me significant returns.
I'm considering going all-in on Ethereum because I believe it will be very bullish and could reach $5,000 to $10,000 this bull run. I want to accumulate more before the Ethereum ETF. If everything goes as planned, I might get some free ETH hehe
Anyways, my concern is whether I should go all-in on Ethereum or just buy 1-2 ETH and use the remaining money to buy other altcoins. What do you think?
Where do you think some other altcoins such as SOL and BNB would reach if ETH reaches $10k in this bull run? And if you invest in a few more altcoins as well along with ETH, you will have some diversification in your portfolio and you might get better profits as well because you never know, another altcoin might perform better than ETH in terms of growth percentage, and if that happens, you will miss the profits you could get if you go all-in in ETH.
Apart from this, as they say, you should never put all your eggs in one basket. I wouldn't even invest all the money I have at once because we never know, the market can always take a plunge on the negative side and then if you have invested everything, you won't be able to buy more cryptocurrencies at cheaper prices.