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Question: Is $58000 the bottom?
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Author Topic: Hodl (Naija)  (Read 3975 times)
knowngunman
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Today at 09:14:45 AM
 #361

Anyone can start diversifying its portfolio at anytime. An example is 70% bitcoin, 20% gold and silver which is talked about and 10% altcoins portfolio. You can start them with bitcoin accumulation.

But the issue I see is that it is very clear that gold can not give the return that bitcoin can give. Silver can give it but I prefer and trust bitcoin than silver to give higher returns, not in usability.

None of these assets give higher return like bitcoin but it's a coin with two sides. When the reverse side happen, you'll likely regret while you chose it over gold. I don't think anyone buys gold expecting 100x return from it in few years. The highest it can get in a year is about 1-2% but the good side of it is that it doesn't depreciate rapidly like bitcoin that gives high return. BTC has potential to do 10x but at the same time can do -80% during bad days. Alt is gambling, unless you're good in trading to be taking your chances. Diversifying on these assets should be based on their role and not about return because they are incomparable. BTC for potential high profit and gold for maintaining your wealth.

 
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BitBakerr1
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Today at 04:44:40 PM
 #362

Bitcoin price:
₦85,911,282 ($62,765 €54,888 £46,996).
Wont it be better to use automated posting, specifically for updating the price on this thread.
The OP has been doing that once in a while, doing it every day will be a huge work but actually it will be better if it’s been updated every day, but I really don’t see the need for that, doing it once in a while just like the OP does it is okay, but if you can be doing it every day you can actually do it, the OP has already given you a go ahead order so you can be updating it, but how long will you continue, don’t start what you can’t finish Grin, just joking you can carry on if you have the energy for it.
Goodluck but this your name Dey make me vex Grin.











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