Post
Topic
Board Speculation
Re: Reason why I put all my money in Bitcoin as a newbie
by
OgNasty
on 29/08/2022, 06:41:43 UTC
Am still new in this space both in cryptocurrency and in this forum and seeing what is happening even to stable coins lately make me decide to put all my investment funds into Bitcoin since Bitcoin has never crashed or a billion coins getting minted out of no we're and dump into the market just like Luna tereUSTD did, so for your peace of mind I advise newbies to rely only on highly decentralized crypto Bitcoin. Until you learn enough to decide which risk to take and which not to.

Bitcoin should definitely be the backbone of any crypto portfolio.  I would even say that it should make up probably 80%+ of your portfolio (mine is higher).  I see a lot of influencers saying to go 50/50 with BTC and ETH, but I think people should look to anchor their portfolio with Bitcoin, and then speculate with a % of it that you feel comfortable losing.  There's nothing wrong with experimenting with different technologies and you might stumble on some fun projects in the meantime.  Smiley