Quote from: TimeTeller on July 26, 2021, 09:58:53 PM

Quote from: tiCeR on July 26, 2021, 08:58:19 PM

Quote from: virtualdn on July 26, 2021, 08:42:27 PM

Quote from: The Pharmacist on July 26, 2021, 08:37:56 PM

Quote from: XavierLaurent on July 23, 2021, 11:37:50 AM

I'm curious, how it's been working out for you, OP? I'm thinking about selling all my remaining coins and turn them into BTC.

I just stumbled across this thread after un-ignoring Bitcoin Discussion, and I'm curious as well--though if what OP said is true, he's been accumulating bitcoin since 2013 and probably hasn't sold any of his stash. Presumably with the price increase we've seen in the past day or two, he's still doing just fine.

I don't know about keeping all of your investment money in bitcoin for the long term, however. OP will likely still be in the black even if bitcoin were to lose half its value (if he's holding onto 2013 coins), but if I were him I'd probably diversify just a little. Normally I'd suggest the stock market, but after well over a decade of bull market craziness I'm not sure now is the best time to buy stocks.

OP, you still around? Maybe you can chime in and give us an update on any changes to your portfolio, etc.

Still all in BTC, doing fine, no headaches watching the shitty coins. Not planning to sell even if BTC price is going up right now. Might sell a small amount once in the xxx,xxx range and then hopefully will buy it back, I'm sure we will see a new ATH this year.

All in in Bitcoin is at least a strategy that still makes some sense. When I read that people go all in on some alt coin (other than Ethereum), I really get a headache. It still depends, there is a difference if you go all in on an unknown token from an ICO or Monero, but as long as you really go all in, I'd be shocked if it is not a larger well established crypto with a successful history.

It makes sense because bitcoin itself is at the top and can survive even during bear season.
Not many alts can survive when the market crashes. Only those solid ones like ETH and if I may add BNB.
But let us say, if you go all in one token, like for example SHIB - as this is the current hype.
I don't think you can sleep at night soundly because anytime this kind of meme token, can easily go down the drain without a warning.
So what it demonstrates is that, in this market, maybe putting all your eggs in one basket - in btc specifically, can still give you peace of mind.

Sure you can always hit the jackpot if you then also manage to sell with the right timing and don't stick to your SHIB hoping it goes up even further, but if you want a solid investment that is resilient against crashes or does at least have a good history of strong recoveries, the coins you mentioned are the way to go for any investor.