Not that I am deviating from this topic but this is one thing that holds some of our ladies remaining single that is wanting to achieve some specific investment or a desired dream before going into family mood. Usually when you work hard you can both achieved them all it depends on your personal arrangements how you wanna plan your life. Investing in bitcoin doesn't have anything connection as family woman or not the purpose of investment is for use after maturity and when there's need for investment and the investment is nor yielding any further results would you be still happy? No but then there's no family attached or involved into it, the main target is just pray for a better investment I have seen some single investment that turns people's life around and, In this you must not think of diversifying your investment to secure your money. A single luck of investment would end your 5 years targets of investment.
I doubt that we should be thinking about bitcoin in those kinds of ways of getting rich quick, even though bitcoin may well be amongst the best of investments... but if we are seeking to get rich quick and identify that kind of investment, then we may well end up getting lured into shitcoins..
and maybe that is not what you were trying to say... but it surely can be quite challenging for anyone to figure out how to identify good things to invest into, and bitcoin is available to an overwhelming number of normies.. but on the surface, bitcoin might not seem sexy enough.. as compared to some shitcoin.. so it seems that your way of framing the whole matter is a bit luring towards chasing around get rich quick schemes rather than seeing the value of bitcoin right in front of us that may or may not result in great appreciation of value in a short time.. even though we likely can see a lot of aspects of bitcoin that could cause it to 10x to 20x from here and not really end up correcting back down in any kind of meaningful way.. but we still cannot count on those kinds of things.
If we have $100k in our investment portfolio, and we currently have 10% in bitcoin (so $10k in bitcoin), then maybe we might choose to become more aggressive in regards to our bitcoin allocation... perhaps? perhaps?
If we are brand new to investing, and maybe we have $10k in bitcoin and $5k in various forms of cash.. and are there ways to be more aggressive? We still might not be rich, even if our bitcoin investment goes up 20x from $10k to $200k.. so I am not suggesting that I know the answer since each of us needs to make these kinds of balances from our own perspective (accounting for our finances and our psychology.. and of course other related personal considerations, including the
9 that I listed in my other post).
Of curse this wasn't want I meant but as reply to what the previous poster said, and that is to say that bitcoin isn't a quick get rich scheme where one would invest and double their money instantly. We all know that bitcoin investment needs patient and for that anyone who is engaging themselves into bitcoin investment must choose the plans to invest on, be it short term or long term but must be focused and remain patient for each every investment to get into maturity.
And any digital investment that has a total of $100k as you said and $10k in bitcoin isn't secure investment maybe if such person is having $90k into altcoin shows that there is every likelihood for such investment to collapse since altcoin can't be trusted and who knows if those coin are shitcoin whereby they rise to some certain point falls back without yielding any further interest, or profits for the period of holding, all less if such investment & bitcoin carrying about 90 percent and the rest 10 percent for other altcoin investment then we can say is a secure investment.