Post
Topic
Board Bitcoin Discussion
Re: Where is your bitcoin balance at the end of the year?
by
DoublerHunter
on 30/12/2022, 23:21:17 UTC
Bitcoin is about to end this year's journey through several hostile markets.  Many have invested in Bitcoin this year and many have sold Bitcoin.  Anyway, who has a balance at the end of the year?  My balance is in this range (0.01-0.1) and there are 5438179 total addresses in this range.  What number position is your wallet in?
Screenshot from: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
To be frankly speaking,  i'm not too proud of my current Bitcoin balance right now, due to the fact that I have equally spent far beyond what I budgeted for the entire Christmas and New year celebration in just within this few days with friends and family members. And do you know the funniest thing? The year hasn't even end.
But moreover, its better to enjoy quality time with family and friends in good health of mind and body when you can, than spending it on a hospital bills.

Same here, aside from that I am more invested in altcoins taking chance to get a profit and buy more Bitcoin at the end.  At the current bear market, I feel (probably I am wrong) that some altcoins will grow much more than Bitcoin growth so investing my Bitcoin to altcoin and selling my altcoin (when it peaks) to buy more Bitcoin is currently my strategy.
^ I hope too that you are in the right decision but which is not right for me.
Choosing potential altcoins is quite a very tricky part because if you don't know how to choose it, it could be you will follow hypes which is the reason you invested, not the real potential of the coins. Just stick to the BTC accumulation and hold it for a long period of time, if you trust this coin, there is no fear to hold for a long term and wait for the desired profit. However, I cannot blame you for that because that is decision, you must be careful on altcoins investment.