Post
Topic
Board Bitcoin Discussion
Re: investing plan
by
Xcode7
on 09/11/2023, 07:03:22 UTC
Hello Community,

I have 1500$ and i want to invest it crypto as holdings. What do us suggest invest it all on BTC or alts? Thanks

If you want to minimize the risk, consider putting all your investment into Bitcoin and holding it for the long term. Of course, there's a saying, 'Don't put all your eggs in one basket,' but since the majority of altcoins are not very reliable, it might be better to go all-in on Bitcoin.

That $1500 you have could potentially grow significantly, especially with the upcoming halving and the expected bull run based on its historical trend. Bitcoin might even reach a new ATH and could go as high as $350k. It might seem too optimistic for now, but once we're in the midst of a bull run, people tend to forget about ceilings and just want to keep pushing Bitcoin higher. You know, when FOMO kicks in, prices can skyrocket.
For now I also think that Bitcoin investment is the safest compared to Altcoin, the risk is still there but it is smaller in percentage with Altcoin.
$1500 is a large amount, so it is possible for him to choose several investments, but it comes back to the point that what he does allows everything to happen, so it is better to think carefully before deciding.

In my opinion, with all the positive possibilities that will happen, positive news and personally also believe that the price of Bitcoin will soar high after the halving, then there is no harm or right step if everything is placed in just one investment, namely Bitcoin investment.