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Senpai, tell me how the chart will look like in august. Although I believe strongly in BTC, I also believe there are better alternatives out there and/or to come in the future. Bitcoin isn't the one coin to rule them all, it's just the first building stone in something far bigger.
I don't know how the charts are going to look in August. My practice is to buy bitcoin as the prices go down and to sell as the prices go up.
You can diversify your monies however you want in various projects, ICOs or alts - maybe you will make money and maybe you will not.
I think that it remains a good idea and practice to continue to invest in bitcoin and to figure out various strategies that keeps bitcoin as part of your financial and crypto.. but of course it is up to you to determine how much of a percentage you want to put in bitcoin as compared with other cryptos or other investments that you might consider.
Oh, of course with any investment you have to consider both upside and downside potential of any project, and liquidation avenues. Of course, bitcoin might seem over priced and other cryptos might appear as if they do not have a downside, and you might erroneously get caught up in comparisons and concepts of unit cost without knowing some of the manipulations that may be going on in the background... .. So yeah, it is not always easy to determine how much risk to take or how much upside potential one project might have as compared with another project.