This one i guess is quite simple to the most of you. Recently i am kinda feeling that the smart thing to do would be stop growing my portofolio and start to look bitcoin as the only crypto investment for me. Just want to now your opinions on this because besides forums i cant really discuss this matter, let me know.
hind site is 2020 but if this were 2009 the answer would be yes. sell your 401k, sell your car. move in your mom's basement and put everything in bitcoin. Because doing that could have made you a billionaire. Today its not so clear cut in terms of the future of bitcoin. Will it go to 100k? will it hit 1 million. Even if it hits a million that is only a 117x return vs the 2,800,000x return from .003 to 8500. So seriously if those were not in since the beginning and did not hodle have seriously missed the boat. There will be at least 5-10 coins this year that will do 100x, so instead of waiting until bitcoin hits 1 million dollars per coin look for other opportunities.
Bitcoin is eventually going to be like the Ford Model T Automobile. It's a classic but there are far superior cars in terms of technological advancement. There will be a cryptocurrency that will eventually dethrone bitcoin because of bitcoins sever limitations of transaction speed and cost. The whole proof of work concept was nothing more than a money grab for stakers. So I would say diversify, look for the technology that will take bitcoins place. Because Bitcoin is a Model T that will get replaced.