Quote from: gwdf1 on August 10, 2021, 02:42:22 PM

Quote from: virtualdn on May 09, 2021, 07:47:49 PM

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

I think that it will be much more profitable if you diversify and pick up the bag of different currencies. Even if you don’t trust altcoins, you can choose something reliable like Ethereum and BNB. If you are not tolerant to risks, don’t choose new coins or some that are not in top-100 on coinmarketcap. Also you can invest in stable coins and then invest them in defi-projects to get interests from staking.

I agree with you in investing in some Altcoins as well and not that I might not invest all in bitcoin if I wanted to also because I believe that Bitcoin is worth that kind of investment however, I do see Alts like Ethereum, BNB, Cardano and some others are also worth investing in for a long term.