Post
Topic
Board Bitcoin Discussion
Re: I regret selling BTC for entering DeFi. HODLing is the way!
by
Lanatsa
on 12/05/2021, 17:52:27 UTC
I don't blame you guy but you need to take a risk that is well calculated. You don't go all-in for only one token, you need to diversify even though you are using your precious digital gold (BTC) for it. If you have invested 0.1 in each, that will be 10 projects and there is no way all of them will be dumped and you can easily cut off your losses.
But investing in defi projects are risky compared to well-established coins. If I were to diversify my investment then I will choose the coins similar to bitcoin, a coins that are existing for few years and has a good development and progress. It has less risk and it doesnt matter if I wait longer as long as there's a possible good outcome waiting. Anyway investing is really risky regardless how promising it can be thus dont invest the money that is meant for important things.
Yes for you but for others ? we do have different kind of approach into investment this is why there are some whom do really risk out even if its way too risky yet we do know on how much
potential in profits it could possibly give you once you do hit up the right project and of course it would really be a gamble.

Even if you do know that bitcoin is worthy but still you do consider out to diversify into other projects on having the beliefs that it could rise out then
its part of our investment strategy and of course it would neither be resulting into positive or negative.

Regrets do always come in the end but doesn't mean that you would completely stop on what youre doing. In able for you to make money is to
make out some risk which is normal.