Risk takers can continue.

[Bigjoe33]

The end result always depends on how a person's monthly or annual investment recap determines whether they've made a profit or a loss. Of course, everyone's approach is different, and their management methods and strategies vary. But, I like the slow and steady principle you outlined above, and that principle applies to BTC. It's undeniable that quick gains are temporary and provide a sense of excitement, but sometimes they can also lead to arrogance, leading one to take unplanned actions.

The principle of investing is to always focus on a more regular basis over a certain period of time because even investors who have profited from their previous investments will immediately reinvest as usual without waiting for the time to change. This means that investments like Bitcoin must remain focused, as investors develop specific strategies and methods to continue supporting their own work so that it continues to run smoothly. And now is still a good time for those who want to continue investing because Bitcoin is still at a fairly low price.

Yeah, consistency is really the solid ground for investing. Most successful investors do not even try to time the market, they just keep showing up buying and executing their plan.
 Bitcoin is not different, you just having a clear strategy and sticking to it is better more than short term price moves. Whether the price looks low or not, what I think counts is discipline and investing only what you can sustain long term.

I don't think is a great idea to stick to only one strategy since I don't see anything wrong if an investor decides to combine all the strategies in other to get a smooth running investment.
Being consistent is really important especially when we are still in an early phase of our bitcoin accumulation. Therefore, been focus will really help in ensuring we have good portfolio in bitcoin.

For someone who’s still in early phase of bitcoin accumulation it’s better to focus more with the DCA method of buying bitcoin either weekly or monthly basis, sometimes too when an extra or additional money comes in they can decide to lump sum with it. Buying the dip might not look too good for this set of investors since it have the tendency of making them to wait before they can buy bitcoin there by slowing them down In their bitcoin journey as they are trying to accumulate a decent large amount of bitcoin to gradually build up their portfolio.

Combining all accumulation strategy may be good and fast way of acquiring Bitcoin, but it might reduce your concentration over time, and perhaps,if readiness and preparation does not meet with such combination of strategy, you might screw up your investment since you might begin to buy the Dip or lump sum with the wrong financial. So just like you said @Silikiem, I would prefer one sticks with the DCA strategy especially for someone who is still in the early stages of accumulating Bitcoin. If there is any need to attempt any other strategy, you must have an extra cash saved for such issues

[ASloveapg]

Honestly, I also made good money in Altcoin, but that was during the ICO days. I gave up doing it after so many rug pulls that happened, and so many scam attempts also came out with a good whitepaper, and yet they didn't continue at all, while some are good at plagiarizing them.
It is true that there are still risk takers when it comes to investing in Altcoin, but I believe most of those investors just selected DCA'ing, which they believe is much safer than taking a very high risk in investing money in an altcoin that is just starting. The same as most, I'd rather go DCA.

Now the new altcoins are very numerous and very easy to create on any network and cost less, whitepapers can use paraphrased copies or tell AI to make them, nowadays it's very easy, anyway it's better in bitcoin for now altcoins cannot be trusted in talking about the resilience of value and the formation of their new ATH, don't think like that anymore buddy, and adjust the conversation in this thread, we are not fully discussing altcoins in this thread Bitcoin remains the top choice and only bitcoin is worthy of DCA.

From a long-term perspective, Bitcoin is the most reasonable choice, no one can disagree with this. Especially in the long term, altcoins are unstable, risky, and have no prospects, we do not see any possibility that it can grow in the future, so considering the security aspect and prospects, altcoins can never be equal to Bitcoin, Bitcoin is the right decision. You have to use your hard-earned money in the right place, if you invest in altcoins, you will not get any chances of this, from which you can get a lot of good benefits. So if you think correctly, you have to give the most importance to Bitcoin, otherwise the wrong investment will only lead to losses.

[Iranus]

From a long-term perspective, Bitcoin is the most reasonable choice, no one can disagree with this. Especially in the long term, altcoins are unstable, risky, and have no prospects, we do not see any possibility that it can grow in the future, so considering the security aspect and prospects, altcoins can never be equal to Bitcoin, Bitcoin is the right decision. You have to use your hard-earned money in the right place, if you invest in altcoins, you will not get any chances of this, from which you can get a lot of good benefits. So if you think correctly, you have to give the most importance to Bitcoin, otherwise the wrong investment will only lead to losses.

I agree with you that, in terms of both security and prospects, no altcoin can compare to Bitcoin. But I disagree with the assertion that no altcoin has the potential for future growth.

We need to accept the reality that Bitcoin is not the only project that has developed and survived over the past 16 years. Many altcoins can do that, such as ETH, BNB, SOL, or Doge. They have brought profits to many people before, and they still have the potential to do so in the future.

Except for ETH, look at the growth of BNB and SOL throughout the cycle, they're not bad at all. I don't encourage people to invest in altcoins, but I also don't want to be dishonest by denying the potential of some altcoins.

[Republikcoin.com]

From a long-term perspective, Bitcoin is the most reasonable choice, no one can disagree with this. Especially in the long term, altcoins are unstable, risky, and have no prospects, we do not see any possibility that it can grow in the future, so considering the security aspect and prospects, altcoins can never be equal to Bitcoin, Bitcoin is the right decision. You have to use your hard-earned money in the right place, if you invest in altcoins, you will not get any chances of this, from which you can get a lot of good benefits. So if you think correctly, you have to give the most importance to Bitcoin, otherwise the wrong investment will only lead to losses.

This difference between Bitcoin and altcoins has given rise to two distinct approaches to capitalizing on them. Some people who have held Bitcoin for the long term still take advantage of riskier short-term opportunities by buying several altcoins in the hope of a small profit. And I think that is not a problem as long as they are fully prepared when experiencing unexpected losses because altcoins are not really worth holding in the long term so using them for short term for profit is also a personal option although that option is not recommended for beginners and other people who do not really understand altcoins and Bitcoin.

[Uhwuchukwu53]

There is no harm in taking risk base on my perception the harm come when the individual refuse to make any attempt on risk, it's better to fail while trying than not trying at all. While we focus on Bitcoin investment , one trying altcoin is never a crime if the risk is engaged with what he can bear when losses occur. Though risk could be set to be risk but some risk is more prefer, looking at Bitcoin today and altcoin no one will assume there risk to be same the difference is always clear. Scenario of some taking certain risk towards altcoin fly around this happen because those people give it a trial that's while I believe that no have in trying but not trying come the harm.

[Zackz5000]

I just think that people misunderstood the words when they say don't fuck with altcoins, personally I think what it means is that bear in mind that you're gambling and not making an investment because if you throw around a whole lot of money hoping it fails on a good floor or sticks to the wall but not guaranteed to be fruitful so you too do not be deceived with successful attempt of your friend because he probably took losses that will never be talked about but only discuss the successful attempts.

Those who invested in shitcoins won't tell you how much they have lost but only their successful story that they can relate to you. When making your investment in altcoins just have it in mind that your investment can also turn to zero and you loss everything not that people don't make profit in altcoins but the risk and stress involved is too much. Some persons are lucky when they invest in altcoins they make profit and pull out, if we should invest in altcoins let it be with just 10% of your discretionary income and then put the rest into Bitcoin long term investment.

Shitcoin or memecoin is the coin I avoid the most, I'm not never buying but the amount of money I allocate is really money that I'm ready to lose. For altcoins like Eth, bnb and solana, it's different, there are still risks, but with what they have shown it also shows a great potential for the future.

People who are interested and buy shitcoin and memecoin in large quantities are people who have been affected by FOMO because they see other people can get huge profits. That is the wrong action, because as you said they only show the profits, while they do not show the amount of losses.

Those that were successful investing in shitcoins are lucky people, last year people that invested in shitcoins almost committed suicide when there was a massive dip in the cryptocurrency space most of them has been losing huge amount that they can't disclose to anybody so that they wouldn't be blamed for investing in memecoin.

It is better we stick to Bitcoin investment the risk involve is less when hodl for long, if Bitcoin dip it will go up again but shitcoins don't normally increase when the dump.

[Kelward]

If you have the stomach to contain high risks then you can go ahead to buy altcoins but you should know that almost all of them don't have any utilities just hype and if it suddenly dies there also goes your funds. Another reason why it seems like many of us are biased about altcoins is that majority of them are scams, if you don't sell and take profit or atleast recover your funds at some precise time the owners exit scam will affect you and you'd lose everything when the project dies. Aside from a very few altcoins that have proven to have potentials I see the rest as gambles where it is easier to lose your money than to make profit. But Bitcoin is different it doesn't promise you of get rich quick, if you can patiently hold and wait for a long time you'll get profit.

[Obulis]

I have seen someone who invested in Altcoin that was new and made money from that investment huge amount of money that has changed his life forever, if you don't like taking risk is up to you but allow people that love it to continue doing it, I always see people saying investing in AItcoin is a very wrong decision but to be honest is not, if you are a risk taker, you can be investing in Bitcoin because Bitcoin investment is a very good investment and it's more safe when it comes to cryptocurrency investment however that those not mean you can't use some liftover from your Discretionary income after you have accumulated Bitcoin for that week or month to try another coin it most not be done every month or weeks just some times.
But if you know you usually don't like playing around with your funds then stick to Bitcoin because is more safe.

Very important point you made @op that "But if you know you usually don't like playing around with your funds then stick to Bitcoin because is more safe."
No body wants to lose their hard earned cash painfully through one promising coin. The level of insecurities in investing in alt coins has made most people not to even think of buying any alt coins, instead they focus on Bitcoin that has proven itself worthy all this years.
And some move is not really investment but unnecessary mistake. However, if one do his personal research on any coin and see reason to invest then fine but I think that should when there is enough discretionary funds not when you are just managing to invest in self proven Bitcoin.

[ASloveapg]

From a long-term perspective, Bitcoin is the most reasonable choice, no one can disagree with this. Especially in the long term, altcoins are unstable, risky, and have no prospects, we do not see any possibility that it can grow in the future, so considering the security aspect and prospects, altcoins can never be equal to Bitcoin, Bitcoin is the right decision. You have to use your hard-earned money in the right place, if you invest in altcoins, you will not get any chances of this, from which you can get a lot of good benefits. So if you think correctly, you have to give the most importance to Bitcoin, otherwise the wrong investment will only lead to losses.

This difference between Bitcoin and altcoins has given rise to two distinct approaches to capitalizing on them. Some people who have held Bitcoin for the long term still take advantage of riskier short-term opportunities by buying several altcoins in the hope of a small profit. And I think that is not a problem as long as they are fully prepared when experiencing unexpected losses because altcoins are not really worth holding in the long term so using them for short term for profit is also a personal option although that option is not recommended for beginners and other people who do not really understand altcoins and Bitcoin.

If someone wants to invest in altcoins in the short term, accepting the potential loss and not expecting a guaranteed profit, then he can certainly do so, there is nothing wrong with that. Altcoins do not bring us a guaranteed profit, but when we accept the potential loss and invest in altcoins in the short term just to test our luck, it is okay. The main problem starts when people start thinking about investing in altcoins to make a guaranteed profit. In this investment, we have a high chance of losing, so we should not expect anything for sure, it basically works like gambling, because you will hold different coins and any one of them may bring you something good or you will not get anything from all of them.

[Hardyrobust]

From a long-term perspective, Bitcoin is the most reasonable choice, no one can disagree with this. Especially in the long term, altcoins are unstable, risky, and have no prospects, we do not see any possibility that it can grow in the future, so considering the security aspect and prospects, altcoins can never be equal to Bitcoin, Bitcoin is the right decision. You have to use your hard-earned money in the right place, if you invest in altcoins, you will not get any chances of this, from which you can get a lot of good benefits. So if you think correctly, you have to give the most importance to Bitcoin, otherwise the wrong investment will only lead to losses.

This difference between Bitcoin and altcoins has given rise to two distinct approaches to capitalizing on them. Some people who have held Bitcoin for the long term still take advantage of riskier short-term opportunities by buying several altcoins in the hope of a small profit. And I think that is not a problem as long as they are fully prepared when experiencing unexpected losses because altcoins are not really worth holding in the long term so using them for short term for profit is also a personal option although that option is not recommended for beginners and other people who do not really understand altcoins and Bitcoin.

If someone wants to invest in altcoins in the short term, accepting the potential loss and not expecting a guaranteed profit, then he can certainly do so, there is nothing wrong with that. Altcoins do not bring us a guaranteed profit, but when we accept the potential loss and invest in altcoins in the short term just to test our luck, it is okay. The main problem starts when people start thinking about investing in altcoins to make a guaranteed profit. In this investment, we have a high chance of losing, so we should not expect anything for sure, it basically works like gambling, because you will hold different coins and any one of them may bring you something good or you will not get anything from all of them.

There is no cryptocurrency that you will invest in that will give us a guarantee profit. There is risk involved in investing in crypto currency be it bitcoin. Therefore, when you begin to talk about guarantee profits then it means you are saying that there is no risk involved in investing in crypto currency. Investing in altcoin is very risky when compared with investing in bitcoin, there are altcoin that can turn to dust with a blink of an eye.

[Omj1014]

This life is all about risk taking, if you want to be successful and live a comfortable life you have take a lot of risks, but you have to be smart when taking risks
Investmenting in alt/shitcoins is a good risk to take it has paid off for many people, and at the same time destroyed a lot of people too, so you have to be very smart and strategic as to know when sell and if you have to hodl, keeping close tabs on the coin in question is key.

[ruykeri]

This life is all about risk taking, if you want to be successful and live a comfortable life you have take a lot of risks, but you have to be smart when taking risks
Investmenting in alt/shitcoins is a good risk to take it has paid off for many people, and at the same time destroyed a lot of people too, so you have to be very smart and strategic as to know when sell and if you have to hodl, keeping close tabs on the coin in question is key.

What I think is that those who are really smart will not trade in altcoins. I personally see altcoins as a few fraudulent coins. While some people have made a lot of profit by trading here, many have lost a lot. I would say that altcoin trading is never an investment. Even if it is discretionary income, investing in Bitcoin is the best way. There is also risk in investing in Bitcoin, but you can reduce it through your mentality and fund management. But when trading in altcoins, there is complete control through a third party, so I never like trading in altcoins.

[LogitechMouse]

I have seen someone who invested in Altcoin that was new and made money from that investment huge amount of money that has changed his life forever, if you don't like taking risk is up to you but allow people that love it to continue doing it, I always see people saying investing in AItcoin is a very wrong decision but to be honest is not, if you are a risk taker, you can be investing in Bitcoin because Bitcoin investment is a very good investment and it's more safe when it comes to cryptocurrency investment however that those not mean you can't use some liftover from your Discretionary income after you have accumulated Bitcoin for that week or month to try another coin it most not be done every month or weeks just some times.
But if you know you usually don't like playing around with your funds then stick to Bitcoin because is more safe.

Investing in an altcoin wasn't never wrong. In fact, investing in new project isn't a mistake.

What might others are saying is that, it's not recommendable especially if you aren't ready to lose your money. I understand what are you saying OP, but the problem is that, there are many investors that are investing into an altcoin whether it's a new project or old one who are going all in on it hoping that they would get the maximum amount of profits that they can get only to lose it all, and that's where the problem lies. They can't accept their losses because their mindset is, "I'll make profit, and I want to maximize it."

Risk takers can continue to invest, and they can invest into whatever altcoin they want to invest as well, but consider also the amount of risk, and the consequences that they could face once things go south. Yes, risk takers could make huge amount of money as well no doubt, but also look at the negative and after-effects of it if you lose your money.

Just for context, some investors love to gamble. Some investors love to risk their money so to those who are saying that investing into any altcoin is wrong then DON'T TELL IT ANYMORE, or rephase it into IT'S POSSIBLE, BUT NOT RECOMMENDABLE.

[ASloveapg]

This life is all about risk taking, if you want to be successful and live a comfortable life you have take a lot of risks, but you have to be smart when taking risks
Investmenting in alt/shitcoins is a good risk to take it has paid off for many people, and at the same time destroyed a lot of people too, so you have to be very smart and strategic as to know when sell and if you have to hodl, keeping close tabs on the coin in question is key.

What I think is that those who are really smart will not trade in altcoins. I personally see altcoins as a few fraudulent coins. While some people have made a lot of profit by trading here, many have lost a lot. I would say that altcoin trading is never an investment. Even if it is discretionary income, investing in Bitcoin is the best way. There is also risk in investing in Bitcoin, but you can reduce it through your mentality and fund management. But when trading in altcoins, there is complete control through a third party, so I never like trading in altcoins.

Altcoin investment or trading is really a high-risk thing, it is better to avoid them, because the amount of loss there is, we can lose money here in most cases. So if we can stick with Bitcoin for the long term by avoiding these, then we can have better chances as well as success. Altcoin is basically a short-term speculation game, if we buy and hold a thousand coins, one of them may give us something good, but if we calculate it all, we will have a loss at the end of the day. So compared to this, Bitcoin is a much better and high-potential investment, so Bitcoin investment is the right decision.

[I_Anime]

I have seen someone who invested in Altcoin that was new and made money from that investment huge amount of money that has changed his life forever, if you don't like taking risk is up to you but allow people that love it to continue doing it, I always see people saying investing in AItcoin is a very wrong decision but to be honest is not, if you are a risk taker, you can be investing in Bitcoin because Bitcoin investment is a very good investment and it's more safe when it comes to cryptocurrency investment however that those not mean you can't use some liftover from your Discretionary income after you have accumulated Bitcoin for that week or month to try another coin it most not be done every month or weeks just some times.
But if you know you usually don't like playing around with your funds then stick to Bitcoin because is more safe.

The truth is that many don’t know what they are going into . Yes whatever you decided to invest on is on you though , Altcoins especially new ones are like gambling , they don’t have strong fundamentals. The truth is that a lot of folk will still invest in altcoins no matter the stay away from altcoins gist .

The only advice I have for those that are into altcoins, is that they should be careful and same time make their main focus to be bitcoin . And if they have money to spare for altcoins then they can go for it but make sure you have built something good in bitcoin , before letting the urge to invest in altcoins get the best of you .

[Emeraldo]

Honestly, I also made good money in Altcoin, but that was during the ICO days. I gave up doing it after so many rug pulls that happened, and so many scam attempts also came out with a good whitepaper, and yet they didn't continue at all, while some are good at plagiarizing them.
It is true that there are still risk takers when it comes to investing in Altcoin, but I believe most of those investors just selected DCA'ing, which they believe is much safer than taking a very high risk in investing money in an altcoin that is just starting. The same as most, I'd rather go DCA.

Now the new altcoins are very numerous and very easy to create on any network and cost less, whitepapers can use paraphrased copies or tell AI to make them, nowadays it's very easy, anyway it's better in bitcoin for now altcoins cannot be trusted in talking about the resilience of value and the formation of their new ATH, don't think like that anymore buddy, and adjust the conversation in this thread, we are not fully discussing altcoins in this thread Bitcoin remains the top choice and only bitcoin is worthy of DCA.

From a long-term perspective, Bitcoin is the most reasonable choice, no one can disagree with this. Especially in the long term, altcoins are unstable, risky, and have no prospects, we do not see any possibility that it can grow in the future, so considering the security aspect and prospects, altcoins can never be equal to Bitcoin, Bitcoin is the right decision. You have to use your hard-earned money in the right place, if you invest in altcoins, you will not get any chances of this, from which you can get a lot of good benefits. So if you think correctly, you have to give the most importance to Bitcoin, otherwise the wrong investment will only lead to losses.

Bitcoin is the only project that can be trusted in the market and not all those random projects that are only looking for investors that will invest in their projects so that they can make money from investors. It is the number safest investment in the crypto market and no person can argue that. Majority of the devs that have their own crypto projects will always tell you to invest in Bitcoin and not their self created altcoin projects because they know that investing in any thing different from Bitcoin is not safe at all and we all need to be careful.

[Orpichukwu]

Honestly, I also made good money in Altcoin, but that was during the ICO days. I gave up doing it after so many rug pulls that happened, and so many scam attempts also came out with a good whitepaper, and yet they didn't continue at all, while some are good at plagiarizing them.

Those were the good old ICO days when investors were always happy to see good projects with good use cases well detailed in their roadmaps and white papers. Many investors really made good money from that era, and some came in when there were more scam projects than good ones, which is what totally destroyed that pattern of fundraising for new projects. Now investors are more focused on an already existing and working product than just investing in sell-out promises.

[khiholangkang]

Honestly, I also made good money in Altcoin, but that was during the ICO days. I gave up doing it after so many rug pulls that happened, and so many scam attempts also came out with a good whitepaper, and yet they didn't continue at all, while some are good at plagiarizing them.
It is true that there are still risk takers when it comes to investing in Altcoin, but I believe most of those investors just selected DCA'ing, which they believe is much safer than taking a very high risk in investing money in an altcoin that is just starting. The same as most, I'd rather go DCA.

Now the new altcoins are very numerous and very easy to create on any network and cost less, whitepapers can use paraphrased copies or tell AI to make them, nowadays it's very easy, anyway it's better in bitcoin for now altcoins cannot be trusted in talking about the resilience of value and the formation of their new ATH, don't think like that anymore buddy, and adjust the conversation in this thread, we are not fully discussing altcoins in this thread Bitcoin remains the top choice and only bitcoin is worthy of DCA.

From a long-term perspective, Bitcoin is the most reasonable choice, no one can disagree with this. Especially in the long term, altcoins are unstable, risky, and have no prospects, we do not see any possibility that it can grow in the future, so considering the security aspect and prospects, altcoins can never be equal to Bitcoin, Bitcoin is the right decision. You have to use your hard-earned money in the right place, if you invest in altcoins, you will not get any chances of this, from which you can get a lot of good benefits. So if you think correctly, you have to give the most importance to Bitcoin, otherwise the wrong investment will only lead to losses.

I know, and who is comparing it to bitcoin? I'm just talking about writing a comparison that becomes a fact, and you also rewrite the comparison again about what I mean with different language about altcoins, let this altcoin be subjective and not discussed here, just like when I “say top choice” and you say “top priority”.

[Smartvirus]

I agree with you that, in terms of both security and prospects, no altcoin can compare to Bitcoin. But I disagree with the assertion that no altcoin has the potential for future growth.

When people begin to make that comparison, you tend to wonder if they ever look at the charts to see what Bitcoin and altcoins are doing or ever takes a look at the historical data for Bitcoin

Putting Bitcoin and altcoins in comparison is a huge error and their isn’t any security about altcoin as we have in Bitcoin.

[ChocolateBitcoinK]

This life is all about risk taking, if you want to be successful and live a comfortable life you have take a lot of risks, but you have to be smart when taking risks
Investmenting in alt/shitcoins is a good risk to take it has paid off for many people, and at the same time destroyed a lot of people too, so you have to be very smart and strategic as to know when sell and if you have to hodl, keeping close tabs on the coin in question is key.

What I think is that those who are really smart will not trade in altcoins. I personally see altcoins as a few fraudulent coins. While some people have made a lot of profit by trading here, many have lost a lot. I would say that altcoin trading is never an investment. Even if it is discretionary income, investing in Bitcoin is the best way. There is also risk in investing in Bitcoin, but you can reduce it through your mentality and fund management. But when trading in altcoins, there is complete control through a third party, so I never like trading in altcoins.

The point is that if you have the ability to take this high risk then you can, it depends on everyone's financial capacity, you have the ability to lose as well as you are willing to take this risk, you may think that maybe you will get something big or you will get nothing, in this way many may decide to invest in altcoins to test their luck. But in the end altcoin investment mostly depends on luck, where we get much better prospects in Bitcoin investment in the long term.