<<  >> (p.3)
    Author Topic: To diversify or not to diversify...  (Read 739 times)

    • lienfaye
    Hero Member
    *****
    Offline Offline

    Activity: 3262
    Merit: 630


    Vave.com - Crypto Casino


    View Profile
    June 10, 2021, 09:01:34 AM
     #41
    Quote from: BrotherMencius on June 09, 2021, 07:39:43 AM
    Should we just be focusing on BTC, or would we be better off diversifying (maybe Etherium?).
    Well for me diversifying is always a good decision, but in the world of crypto, bitcoin is the most reliable coin to invest in specially during dip.

    Majority of alts are just following the movement of btc, so as you notice if bitcoin face a minor or major dump most alts are also doing the same. However it doesnt mean alts are not good to hold, its just that bitcoin is less risky compared to them.

    It would be better to set a target amount on holding bitcoin (lets say 1 btc since you already have 0.4) before thinking of buying alts. Eth is one of established altcoin and trusted as well of many investors so if you ever consider to diversify, eth is one of the good option.

  • LogitechMouse
    Legendary
    *
    Offline Offline

    Activity: 2940
    Merit: 1089


    Need a Marketing Manager? |Telegram ID- @LT_Mouse


    View Profile WWW
    June 10, 2021, 09:47:06 AM
     #42
    Quote from: BrotherMencius on June 09, 2021, 07:39:43 AM
    ~
    Investors tend to diversify because they want to lessen their risk of losing all of their money.
    Diversification is good but overdiversifying your capital isn't good too so at least learn to balance and know where to invest your money.

    In your case, 0.4 BTC is a big amount already. Diversifying is a good thing if you have a spare money. I would suggest to at least diversify into other coins but don't forget to put some in Bitcoin. If you are asking cryptos only then putting some in top altcoins would be good like Ethereum or ChainLink or Cardano. Now if you thought of investing outside crypto to diversify your portfolio then investing in real estate will be good too Smiley.
    .
     betpanda.io     		│ 
    ANONYMOUS & INSTANT
    .......ONLINE CASINO.......
    		│▄███████████████████████▄
    █████████████████████████
    █████████████████████████
    ████████▀▀▀▀▀▀███████████
    ████▀▀▀█░▀▀░░░░░░▄███████
    ████░▄▄█▄▄▀█▄░░░█▄░▄█████
    ████▀██▀░▄█▀░░░█▀░░██████
    ██████░░▄▀░░░░▐░░░▐█▄████
    ██████▄▄█░▀▀░░░█▄▄▄██████
    █████████████████████████
    █████████████████████████
    █████████████████████████
    ▀███████████████████████▀    		▄███████████████████████▄
    █████████████████████████
    ██████████▀░░░▀██████████
    █████████░░░░░░░█████████
    ████████░░░░░░░░░████████
    ████████░░░░░░░░░████████
    █████████▄░░░░░▄█████████
    ███████▀▀▀█▄▄▄█▀▀▀███████
    ██████░░░░▄░▄░▄░░░░██████
    ██████░░░░█▀█▀█░░░░██████
    ██████░░░░░░░░░░░░░██████
    █████████████████████████
    ▀███████████████████████▀    		▄███████████████████████▄
    █████████████████████████
    ██████████▀▀▀▀▀▀█████████
    ███████▀▀░░░░░░░░░███████
    ██████▀░░░░░░░░░░░░▀█████
    ██████░░░░░░░░░░░░░░▀████
    ██████▄░░░░░░▄▄░░░░░░████
    ████▀▀▀▀▀░░░█░░█░░░░░████
    ████░▀░▀░░░░░▀▀░░░░░█████
    ████░▀░▀▄░░░░░░▄▄▄▄██████
    █████░▀░█████████████████
    █████████████████████████
    ▀███████████████████████▀    		.
    SLOT GAMES
    ....SPORTS....
    LIVE CASINO
    		│
    ▄░░▄█▄░░▄
    ▀█▀░▄▀▄░▀█▀
    ▄▄▄▄▄▄▄▄▄▄▄   
    █████████████
    █░░░░░░░░░░░█
    █████████████
    ▄▀▄██▀▄▄▄▄▄███▄▀▄
    ▄▀▄██▄███▄█▄██▄▀▄
    ▄▀▄█▐▐▌███▐▐▌█▄▀▄
    ▄▀▄██▀█████▀██▄▀▄
    ▄▀▄█████▀▄████▄▀▄
    ▀▄▀▄▀█████▀▄▀▄▀
    ▀▀▀▄█▀█▄▀▄▀▀

    Regional Sponsor of the
    Argentina National Team

  • bitterguy28
    Full Member
    ***
    Offline Offline

    Activity: 2506
    Merit: 183

    ★Bitvest.io★ Play Plinko or Invest


    View Profile WWW
    June 10, 2021, 10:18:30 AM
     #43
    Quote from: BrotherMencius on June 09, 2021, 07:39:43 AM
    So my wife and I started buying bitcoin a couple of months ago, and as of right now we're the proud owners of 0.4 of a bitcoin.

    Since everything is so cheap right now, I want to invest some more of our savings before things pick up again.

    Should we just be focusing on BTC, or would we be better off diversifying (maybe Etherium?).

    We got into crypto in order to help us own a house and be able to be semi-retired within the next 10 years, if that helps.
    You have already holding a big chunk of Bitcoin and that is more than enough if bitcoin  break 100$k this year or the next.

    Best to diversify mate , because that is the only way that you can extend profiting in case Bitcoin run or altcoin run comes whos first.

  • jossiel
    Hero Member
    *****
    Offline Offline

    Activity: 3360
    Merit: 636


    Dragonslots | +13k Slots & Casino Games


    View Profile
    June 11, 2021, 09:56:33 PM
     #44
    Quote from: BrotherMencius on June 09, 2021, 11:11:27 AM
    Thanks for everyone's input, I really appreciate it.

    Honestly, I kinda want to just focus on BTC. It seems like the best bet to get to where we want to be in the long run. Maybe after we've got 1+ BTC it'll be worth re-examining.
    That's a good choice.

    Once you reach 1 BTC+ then it's all on you if you want to go to the next step which is 2 BTC or just 1 BTC + another good altcoin. It's just about stepping up and choose whatever you're comfortable and worth taking the risk.

    In the end, it's your portfolio that you're trying to grow.

  • Yatsan
    Legendary
    *
    artcontest
    Offline Offline

    Activity: 2590
    Merit: 1261


    View Profile
    June 12, 2021, 11:49:53 PM
     #45
    Diversifying your funds into various cryptocurrency is a good choice to be made although focusing into Bitcoin seems to be enough because of its value, popularity and of course credibility, but Bitcoin is not the only existing cryptocurrency in the market and there are still lots of crypto to explore that also have great potential and are worthy for investment of course. You just have to be picky on choosing the crypto that you will do an engagement to somehow ensure you are going to gain profit and of course for the sake of your fund's safety as well.

  • Shasha80
    Sr. Member
    ****
    Offline Offline

    Activity: 1876
    Merit: 318



    View Profile
    June 13, 2021, 01:08:11 AM
     #46
    Everyone can certainly determine the best for himself, we just need to ask ourselves that. If dividing the funds we have according to us is good,
    there is nothing wrong with doing it. But if we feel that it is enough to invest in Bitcoin, it is our choice. Sometimes what is good for others is
    not necessarily good for us. So there is no need to divide our funds when investing in cryptocurrencies if we don't want to do it,  after all I have
    found some successful investors who only invest in Bitcoin. Although I prefer to divide my funds into several cryptos, I respect and don't blame
    people who only invest in Bitcoin.
    BIGGEST AND MOST
    TRUSTED FULLY LICENSED
    CRYPTO CASINO
    ▄▄▄▄█▄█▄▄▄▄
    ▄█████████████▄
    ███▀▀███████▀▀███
    █▀      ▀█▀      ▀█
    █████████████████████
    █████████████████████
    █████████████████████
    ███████████████████
    ███████████████████
    █████████████████
    ███████████████
    ███████████
    ▀▀███▀▀
    █▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
    █   ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄   █
    █   █   ▄  ███    ███   █
    █▀▄▀█ ▄███▄ █  ███ ██▀▄▀█
    █▀ ▀██▀█▀█▀██████  ██▀ ▀█
    █   ▄▀▄▀▄███  ██  █   █
    █    █▄█  ██  ██ █    █
    █    ██  ██  ███    █
    █    █  ██  ██    █
    ▀▄   ▀▄██ ▄▀   ▄▀
    ▀▄   ▀█▀   ▄▀
    ▀▄     ▄▀
    ▀▀▄▀▀
    ▀▄ ▄▀▄ ▄▀
    █▄ ▀█▄▄▀▄▄█▀ ▄█
    ▀█▀███▀███▀█▀
    ▄█████████████▄
    █████████████████
    ███████████████████
    █████████████████████
    █████████████████████
    ▀███████████████████▀
    ▀█████████████████▀
    ▀███████████████▀
    ▀███████████▀
    ▀▀▀█▀▀▀
    		SPANISH CLUBS
    OFFICIAL ASIAN
    BETTING PARTNER    		│
    ACCEPT
    MULTIPLE
    CURRENCIES
    		│.
    JOIN US    		│

  • manggis97
    Member
    **
    Offline Offline

    Activity: 476
    Merit: 10


    View Profile
    June 13, 2021, 04:20:23 AM
     #47
    Diversify of investment is important, because alot of others instrument of investment that have lower risk than crypto like Gold and bluechip of stocks. Crypto investment for 10 year, its enough only BTC and take others instrument of investment. If we have times, we can make compounding by learning the trend of global market, so we can predict when good times to enter to crypto, stocks, gold and others asset instrument.

  • Sithara007
    Legendary
    *
    Offline Offline

    Activity: 3696
    Merit: 1362


    Leading Crypto Sports Betting & Casino Platform


    View Profile
    June 13, 2021, 04:52:08 AM
     #48
    First you need to compare the altcoins with Bitcoin, in terms of usage, adoption and acceptability. Take the case of any altcoin (include ETH, ADA or BNB) and you will find that BTC is far ahead of them in terms of all these parameters. On top of that, none of the other coins can offer the protection offered by the PoW algorithm of Bitcoin. The amount of mining hash power which Bitcoin posses right now means that it is near impossible to commit a 51% attack. The other coins are not that secure. In the end, the decision is up to you. Decide whether you want to sell some of your BTC (which seems to be fairly valued) in exchange for some of the overpriced alts.
    ..Stake.com..   ▄████████████████████████████████████▄
       ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
       ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
       ██ ██████████ ██      ██ ██████████ ██   ▀██▀
       ██ ██      ██ ██████  ██ ██      ██ ██    ██
       ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
       ██ █████  ███ ████  ████ █████  ███ ████████
       ██ ████  ████ ██████████ ████  ████ ████▀
       ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
       ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
       ▀█████████▀ ▄████████████▄ ▀█████████▀
      ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
     ██████████████████████████████████████████    		▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
    █  ▄▀▄             █▀▀█▀▄▄
    █  █▀█             █  ▐  ▐▌
    █       ▄██▄       █  ▌  █
    █     ▄██████▄     █  ▌ ▐▌
    █    ██████████    █ ▐  █
    █   ▐██████████▌   █ ▐ ▐▌
    █    ▀▀██████▀▀    █ ▌ █
    █     ▄▄▄██▄▄▄     █ ▌▐▌
    █                  █▐ █
    █                  █▐▐▌
    █                  █▐█
    ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
    ▄▄█████████▄▄
    ▄██▀▀▀▀█████▀▀▀▀██▄
    ▄█▀       ▐█▌       ▀█▄
    ██         ▐█▌         ██
    ████▄     ▄█████▄     ▄████
    ████████▄███████████▄████████
    ███▀    █████████████    ▀███
    ██       ███████████       ██
    ▀█▄       █████████       ▄█▀
    ▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
    ▀███████         ███████▀
    ▀█████▄       ▄█████▀
    ▀▀▀███▄▄▄███▀▀▀
    		..PLAY NOW..





    AVATAR & PERSONAL TEXT



    Leading Crypto Sports Betting & Casino Platform




    Feel free to drop your doubts bellow
    Report to moderator 
    ♠ ♥ ♣ ♦       ▬▬▬ ▬          Stake.com     /     Play Smarter          ▬ ▬▬▬       ♠ ♥ ♣ ♦
    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
    L E A D I N G   C R Y P T O  C A S I N O   &   S P O R T S   B E T T I N G
     
     Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
    Strongkored
    Legendary
    *
    Online Online

    Activity: 2072
    Merit: 1061




    View Profile Personal Message (Online)
    Trust: +0 =0 -0
    Ignore
       
    Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
    May 31, 2022, 08:28:59 AM
    Reply with quote  +Merit  #2
    Bitcointalk Username: strongkored
    Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554
    Post Count: 5040
    Forum Rank: Legendary
    Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt
    Stake

  • traderethereum
    Hero Member
    *****
    Offline Offline

    Activity: 3374
    Merit: 592


    Top-tier crypto casino and sportsbook


    View Profile WWW
    June 13, 2021, 07:43:50 AM
     #49
    You can still focus on bitcoin, but diversifying will be better to have more investment in crypto.
    Ethereum or BNB can be the next investment, but always try to buy at a low price.
    If you want to invest $100, maybe you can use the portion 70:30, 70% for bitcoin investment, and 30% for ethereum and bitcoin, but I am sure you will know how much money you will allocate invest in crypto.
    The important thing to invest in a crypto is not to panic and have patience because investing in crypto can not always give you profit in the short term.
    ██████▄██▄███████████▄█▄
    █████▄██████▄████▄▄▄█████
    ██████████████████████████
    ████▐█████████████████████
    ███████████▀▀█▄▄▄▄█████████
    ██▄███████▄▀███▀█▀▀█▄▄█▄█▄██
    █▀██████████▄█████▄▄█████▀███
    ██████████▄████▀██▄▀▀█▀█████▄
    ███████████████▐█▄█▀▄███▀█▀██▄
    ███████▄▄▄███▌▌██▄▀█▀█████████▄
    ▀▀▀███████████▌██▀▀▀▀▀█▄▄▄████▀
    ███████▀▀██████▄▄██▄▄▄█▄███▀▀
    ████████████▀▀▀██████████▀    		 BETFURY ....█████████████
    ███████████████
    ███████████████
    ██▀▀▀▀█▀▀▄░▄███
    █▄░░░░░██▌▐████
    █████▌▐██▌▐████
    ███▀▀░▀█▀░░▀███
    ██░▄▀░█░▄▀░░░██
    ██░░░░█░░░░░░██
    ███▄░░▄█▄░░▄███
    ███████████████
    ███████████████
    ░░█████████████    		█████████████
    ███████████████
    ███████████████
    ██▀▄▄▄▄▄▄▄▄████
    ██░█▀░░░░░░░▀██
    ██░█░▀░▄░▄░░░██
    ██░█░░█████░░██
    ██░█░░▀███▀░░██
    ██░█░░░░▀░░▄░██
    ████▄░░░░░░░▄██
    ███████████████
    ███████████████
    ░░█████████████

  • Twinkledoe
    Full Member
    ***
    Offline Offline

    Activity: 1904
    Merit: 138


    ★Bitvest.io★ Play Plinko or Invest!


    View Profile
    June 13, 2021, 07:48:54 AM
     #50
    Quote from: Yatsan on June 12, 2021, 11:49:53 PM
    Diversifying your funds into various cryptocurrency is a good choice to be made although focusing into Bitcoin seems to be enough because of its value, popularity and of course credibility, but Bitcoin is not the only existing cryptocurrency in the market and there are still lots of crypto to explore that also have great potential and are worthy for investment of course. You just have to be picky on choosing the crypto that you will do an engagement to somehow ensure you are going to gain profit and of course for the sake of your fund's safety as well.

    By now, I think they already know that there are other good alts worth investing like ETH and BNB. For me, it is better to diversify your portfolio especially if there are other good options that you can get a hold of. Since they are pretty beginners in this market, it is better to check first the top alts in the market and check if it will suit their taste. But  it is always better to diversify your portfolio so you have different options to take in case something goes wrong with one.

  • Slow death
    Legendary
    *
    Online Online

    Activity: 3514
    Merit: 1147


    Leading Crypto Sports Betting & Casino Platform


    View Profile
    June 13, 2021, 08:24:05 PM
     #51
    this:

    buying bitcoin and then buying altcoin is not diversifying investment. All of this: bitcoin and altcoin are cryptocurrencies with only 1 difference which is: bitcoin is a safer investment compared to altcoin.

    if people want to diversify investments then they should invest in something like:

    1 - buy bitcoin and altcoins

    2 - invest in real world things like investing in real estate or land or cars or gold or collectibles that have more value as the years go by
    ..Stake.com..   ▄████████████████████████████████████▄
       ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
       ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
       ██ ██████████ ██      ██ ██████████ ██   ▀██▀
       ██ ██      ██ ██████  ██ ██      ██ ██    ██
       ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
       ██ █████  ███ ████  ████ █████  ███ ████████
       ██ ████  ████ ██████████ ████  ████ ████▀
       ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
       ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
       ▀█████████▀ ▄████████████▄ ▀█████████▀
      ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
     ██████████████████████████████████████████    		▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
    █  ▄▀▄             █▀▀█▀▄▄
    █  █▀█             █  ▐  ▐▌
    █       ▄██▄       █  ▌  █
    █     ▄██████▄     █  ▌ ▐▌
    █    ██████████    █ ▐  █
    █   ▐██████████▌   █ ▐ ▐▌
    █    ▀▀██████▀▀    █ ▌ █
    █     ▄▄▄██▄▄▄     █ ▌▐▌
    █                  █▐ █
    █                  █▐▐▌
    █                  █▐█
    ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
    ▄▄█████████▄▄
    ▄██▀▀▀▀█████▀▀▀▀██▄
    ▄█▀       ▐█▌       ▀█▄
    ██         ▐█▌         ██
    ████▄     ▄█████▄     ▄████
    ████████▄███████████▄████████
    ███▀    █████████████    ▀███
    ██       ███████████       ██
    ▀█▄       █████████       ▄█▀
    ▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
    ▀███████         ███████▀
    ▀█████▄       ▄█████▀
    ▀▀▀███▄▄▄███▀▀▀
    		..PLAY NOW..

  • sapnu
    Sr. Member
    ****
    Offline Offline

    Activity: 1050
    Merit: 286


    View Profile
    June 13, 2021, 11:02:33 PM
     #52
    Quote from: BrotherMencius on June 09, 2021, 07:39:43 AM
    So my wife and I started buying bitcoin a couple of months ago, and as of right now we're the proud owners of 0.4 of a bitcoin.

    Since everything is so cheap right now, I want to invest some more of our savings before things pick up again.

    Should we just be focusing on BTC, or would we be better off diversifying (maybe Etherium?).

    We got into crypto in order to help us own a house and be able to be semi-retired within the next 10 years, if that helps.
    There's nothing wrong actually about investing on bitcoin alone but in reality, diversifying your investment could make you earn much better profit. It is not a smart move to depend on bitcoin alone neither on any altcoin alone, you should still find some other investments that could help increase your profit. There will always be a possibility that bitcoin or any other altcoin's value will go down so make sure you always have your back up plan or an investment that will save you on the time comes but still be careful on choosing which one or more investment you'll pick, pick always the most competent one.

  • Luqman
    Sr. Member
    ****
    Offline Offline

    Activity: 826
    Merit: 263



    View Profile
    June 13, 2021, 11:18:53 PM
     #53
    I appreciate your efforts to have more Bitcoin with your wife.
    And for your 0.4 BTC, I don't think that you need to convert it to altcoins.
    Actually, diversification is a good way to minimize the risks of losing your money when the price is down. But, of course, you must be careful to choose which coins to buy after having funds later. Never buy the coins based on the hype market.

  • UserU
    Hero Member
    *****
    Offline Offline

    Activity: 2534
    Merit: 553


    I passively earned over $300 @ bitcoinskins.net


    View Profile WWW
    June 14, 2021, 03:08:34 AM
     #54
    Quote from: Luqman on June 13, 2021, 11:18:53 PM

    And for your 0.4 BTC, I don't think that you need to convert it to altcoins.


    I don't think he plans to sell his Bitcoins. Rather, just put more funds into alts.
    .
    .500 CASINO.██    		▄▀
      ▄

    ▄
    .
    THE HOTTEST CRYPTO
    CASINO & SPORTSBOOK
    		         ▄▄▄████████████
     ▄▄▄████████████████    ███
    ▐█████████████████████
     █████████████████████
     ▐███████████████████
     ▐███████████████████
      ███████████████████
      ██████▀█████▀██████
      ▐████████▀█████████
      ▐███████████████████
       ███████████████████
       ▐███████████████████
        ▀██████▀▀▀▀▀▀   ▀▀▀█
    █▄▄▄██████████▄▄▄
    ███████████▀██▀▀██▄▄
     █    ██████████████████▄
     █    ████████████████████
      █    ███▄████▄███████▄███
      █    ████████████████████
      █    ███▀████▀███████▀███
     █    ████████████████████
     █    ██████████████████▀
    █    ██████████▄██▄▄██▀▀
     ▀▀▀██████████▀▀▀
    ► ORIGINALS

    ► SLOTS
    ► LIVE GAMES

    ► SPORTSBOOK

    ▄

    ▄
    		▀▄.
    ██..PLAY NOW..

  • S4VV4S
    Hero Member
    *****
    Offline Offline

    Activity: 1582
    Merit: 502


    View Profile
    June 14, 2021, 04:17:56 AM
     #55
    Better to focus on what you have started . If you buy altcoins for other backup investments, it's okay as long as you are ready to risk when playing with altcoins. Because the price is very volatile and if bitcoin is going down, altcoins are going down even worse. So my advice just focus on what you have started .

  • Lakai01
    Legendary
    *
    Online Online

    Activity: 2800
    Merit: 3585


    Daily Cashbacks 🐳


    View Profile
    June 14, 2021, 06:50:33 AM
     #56
    Quote from: Luqman on June 13, 2021, 11:18:53 PM
    Actually, diversification is a good way to minimize the risks of losing your money when the price is down. But, of course, you must be careful to choose which coins to buy after having funds later. Never buy the coins based on the hype market.
    I agree with you about diversification, it is important so that a falling investment is cushioned by other investments.
    Unfortunately, this only works to a very limited extent with cryptos. BTC drives the market, if it falls, the altcoins fall as well. As an investor, I must therefore see my entire crypto portfolio as a unit and must not forget or forego other diversifications (real estate, stocks, ...) - stablecoins of course left out.
    ███████████▄
    ████████▄▄██
    █████████▀██
    ████████████▄███████▄
    █████▄█▄██████████████▄
    ████▄█▀▄░█████▄████████
    ████▀▄███░████████████▀
    ████░█████░█████▀▄▄▄▄▄
    █████░█    ██░█████████▀▀
    ░▄█▀    ███▀░░▀▀▀███████
    ▀███████▄█▀▀▀██████▀
    ░░████▄▀░▀▀▀▀████▀    		 

    █████████████████████████
    ████████████▀░░░▀▀▀▀█████
    █████████▀▀▀█▄░░░░░░░████
    ████▀▀░░░░░░░█▄░▄░░░▐████
    ████▌░░░░▄░░░▐████░░▐████
    █████░░░▄██▄░░██▀░░░█████
    █████▌░░▀██▀░░▐▌░░░▐█████
    ██████░░░░▀░░░░█░░░▐█████
    ██████▌░░░░░░░░▐█▄▄██████
    ███████▄░░▄▄▄████████████
    █████████████████████████
    █████████████████████████
    ████████▀▀░░░░░▀▀████████
    ██████░░▄██▄░▄██▄░░██████
    █████░░████▀░▀████░░█████
    ████░░░░▀▀░░░░░▀▀░░░░████
    ████░░▄██░░░░░░░██▄░░████
    ████░░████░░░░░████░░████
    █████░░▀▀░▄███▄░▀▀░░█████
    ██████░░░░▀███▀░░░░██████
    ████████▄▄░░░░░▄▄████████
    █████████████████████████    		.
    ...SOL.....USDT...
    ...FAST PAYOUTS...
    ...BTC...    ...TON...

  • michellee
    Hero Member
    *****
    Offline Offline

    Activity: 3276
    Merit: 900



    View Profile
    June 14, 2021, 12:06:40 PM
     #57
    Quote from: UserU on June 14, 2021, 03:08:34 AM
    Quote from: Luqman on June 13, 2021, 11:18:53 PM
    And for your 0.4 BTC, I don't think that you need to convert it to altcoins.
    I don't think he plans to sell his Bitcoins. Rather, just put more funds into alts.
    Put more funds into altcoins can be a good idea, but I think he can use 0.1 btc to convert it to altcoins. In that way, he does not need to add or deposit more money and he can use that money for other things. I prefer to do that because that can reduce the risk by using more money in crypto investment. But all in all, he can decide by himself and I am sure he will know what he should do if he wants to invest in crypto.
    ▄▄█████████████████▄▄
    ▄█████████████████████▄
    ███▀▀█████▀▀░░▀▀███████
    ███▄░░▀▀░░▄▄██▄░░██████
    █████░░░████████░░█████
    ████▌░▄░░█████▀░░██████
    ███▌░▐█▌░░▀▀▀▀░░▄██████
    ███░░▌██░░▄░░▄█████████
    ███▌░▀▄▀░░█▄░░█████████
    ████▄░░░▄███▄░░▀▀█▀▀███
    ██████████████▄▄░░░▄███
    ▀█████████████████████▀
    ▀▀█████████████████▀▀
    ..Rainbet.com..
    CRYPTO CASINO & SPORTSBOOK
    		|
    █▄█▄█▄███████▄█▄█▄█
    ███████████████████
    ███████████████████
    ███████████████████
    █████▀█▀▀▄▄▄▀██████
    █████▀▄▀████░██████
    █████░██░█▀▄███████
    ████▄▀▀▄▄▀███████
    █████████▄▀▄███
    █████████████████
    ███████████████████
    ███████████████████
    ███████████████████
     
     $20,000 
    WEEKLY RAFFLE
    		|



    ▄█████████▄
    █████████ ██
    ▄▄█░▄░▄█▄░▄░█▄▄
    ▀██░▐█████▌░██▀
    ▄█▄░▀▀▀▀▀░▄█▄
    ▀▀▀█▄▄░▄▄█▀▀▀
    ▀█▀░▀█▀
    		10K
    WEEKLY
    RACE    		100K
    MONTHLY
    RACE    		|

    ██









    █████
    		███████▄█
    ████████    ██▄
    ███████    █    ████▄▄
    ████▄███████████▄
    ██████████████████▄
    ░▄█████████████████▄
    ▄███████████████████▄
    █████████████████▀████
    ██████████▀███████████
    ▀█████████████████████
    ░████████████████████▀
    ░░▀█████████████████▀
    ████▀▀███    ███████▀▀
    ████████████████████   ██
     
    ..►PLAY...
     
    ████████   ██████████████

  • Viscore
    Hero Member
    *****
    Offline Offline

    Activity: 3276
    Merit: 661


    Leading Crypto Sports Betting & Casino Platform


    View Profile
    June 14, 2021, 06:06:49 PM
     #58
    Quote from: S4VV4S on June 14, 2021, 04:17:56 AM
    Better to focus on what you have started . If you buy altcoins for other backup investments, it's okay as long as you are ready to risk when playing with altcoins. Because the price is very volatile and if bitcoin is going down, altcoins are going down even worse. So my advice just focus on what you have started.
    Bitcoin is already a very good start for newbies. I agree that you should still focus on bitcoin until you finally accumulate a whole bitcoin because even if its highly risk, it won't cause you big losses in the end if you intend it to save for long term.

    Diversification is good but if you plan to start it now, it would add more risks to your investment. Think of it later after you already come up making huge profits in bitcoin. Ethereum would be a perfect pair too for bitcoin if you plan for future diversification.
    ..Stake.com..   ▄████████████████████████████████████▄
       ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
       ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
       ██ ██████████ ██      ██ ██████████ ██   ▀██▀
       ██ ██      ██ ██████  ██ ██      ██ ██    ██
       ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
       ██ █████  ███ ████  ████ █████  ███ ████████
       ██ ████  ████ ██████████ ████  ████ ████▀
       ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
       ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
       ▀█████████▀ ▄████████████▄ ▀█████████▀
      ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
     ██████████████████████████████████████████    		▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
    █  ▄▀▄             █▀▀█▀▄▄
    █  █▀█             █  ▐  ▐▌
    █       ▄██▄       █  ▌  █
    █     ▄██████▄     █  ▌ ▐▌
    █    ██████████    █ ▐  █
    █   ▐██████████▌   █ ▐ ▐▌
    █    ▀▀██████▀▀    █ ▌ █
    █     ▄▄▄██▄▄▄     █ ▌▐▌
    █                  █▐ █
    █                  █▐▐▌
    █                  █▐█
    ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
    ▄▄█████████▄▄
    ▄██▀▀▀▀█████▀▀▀▀██▄
    ▄█▀       ▐█▌       ▀█▄
    ██         ▐█▌         ██
    ████▄     ▄█████▄     ▄████
    ████████▄███████████▄████████
    ███▀    █████████████    ▀███
    ██       ███████████       ██
    ▀█▄       █████████       ▄█▀
    ▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
    ▀███████         ███████▀
    ▀█████▄       ▄█████▀
    ▀▀▀███▄▄▄███▀▀▀
    		..PLAY NOW..

  • isaac_clarke22
    Sr. Member
    ****
    Offline Offline

    Activity: 1624
    Merit: 267


    View Profile
    June 14, 2021, 08:07:58 PM
     #59
    Well diversify but it would be okay to still just go all in Bitcoin.
    pooya87 also mentioned that you should diversify but don't get altcoins because you know there are a lot of shitcoins lurking around the market like you don't want end up investing in those even if the cheapness of the price is tempting. Wink

  • Fortify
    Legendary
    *
    Offline Offline

    Activity: 3164
    Merit: 1242



    View Profile
    June 14, 2021, 08:14:07 PM
     #60
    Quote from: BrotherMencius on June 09, 2021, 07:39:43 AM
    So my wife and I started buying bitcoin a couple of months ago, and as of right now we're the proud owners of 0.4 of a bitcoin.

    Since everything is so cheap right now, I want to invest some more of our savings before things pick up again.

    Should we just be focusing on BTC, or would we be better off diversifying (maybe Etherium?).

    We got into crypto in order to help us own a house and be able to be semi-retired within the next 10 years, if that helps.

    Quite simply what you're doing with your money is very dangerous. A wise investor would only be placing 5-10% of all their assets into crypto, as it is extremely volatile and relies on selling to someone else at a higher price. We've already seen in the last month the price has lost over 50% of it's value with some claiming that it could drop even further in future. At only 11~ years old it is very untested compared to other assets like commodities and stocks. If you pick the right stocks you can even earn a dividend, so you get back a chunk of your money each year if the company decides to pay out a portion of their profits instead of re-investing. Keep about the same amount in ready cash as well, which might get slightly eroded by deflation but have a plan to use it again when the market crashes in your favorite asset.
    ▄▄███████████████████▄▄
    ▄███████████████████████▄
    ███████████████████▄█████
    █████████████████████████
    ███████████▀█████████████
    █████████▀███▀██████▀████
    ██████████████████▄██████
    █████████▄▄█▄▄███████████
    ██████████▄▄▄████████████
    ███████████████████▀█████
    ████████████████▀▀███████
    ▀███████████████████████▀
    ▀▀███████████████████▀▀
    		 
     EARNBET     		██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██    		███████▄▄███████████
    ████▄██████████████████
    ██▄▀▀███████████████▀▀███
    █▄████████████████████████
    ▄▄████████▀▀▀▀▀████████▄▄██
    ███████████████████████████
    █████████▌████▀████████████
    ███████████████████████████
    ▀▀███████▄▄▄▄▄█████████▀▀██
    █▀█████████████████████▀██
    ██▀▄▄███████████████▄▄███
    ████▀██████████████████
    ███████▀▀███████████    		██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██


    ▄▄▄
    ▄▄▄███████▐███▌███████▄▄▄
    █████████████████████████
    ▀████▄▄▄███████▄▄▄████▀
    █████████████████████
    ▐███████████████████▌
    ███████████████████
    ███████████████████
    ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

     King of The Castle 
     $200,000 in prizes    		██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
     62.5% 
     
    RAKEBACK
    BONUS
    Pages: « 1 2 [3] 4 »  All
      Print  
Page 2
Viewing Page: 3

IRLBTC™ © 2025 IRLBTC.com