Quote from: Miles2006 on Today at 02:03:45 PM

Quote from: PytagoraZ on February 19, 2024, 11:47:52 PM

Quote from: JayJuanGee on February 19, 2024, 05:08:52 PM

Like what other investments? what investment is better than bitcoin?

No, not better, just safer. I think I need a safer investment as a backup for emergencies, like gold. I need to have land assets to survive (make a house, grow crops). If investing in stocks or real estate, of course it is no better than bitcoin

Quote from: JayJuanGee on February 19, 2024, 05:08:52 PM

Quote from: PytagoraZ on February 19, 2024, 05:04:23 PM

Having other assets is also a preventative step so that we don't rush to sell our bitcoins when there is an urgent need

You seem to be talking about down the road in your investment journey rather than any kind of investment prerequisite before getting started in terms of investing into bitcoin.

Yes, I just think that I can't invest 100% in bitcoin. Maybe I want to have an investment portfolio like 10% cash, 10% gold, 30% land, and 50% bitcoin. At least this is a percentage and risk that I think is quite safe

Now I think I'm getting your point with the last paragraph. If you choose to diversify your asset like spreading your investment, that's your choice and I believe you have plans holding every bit of the assets.
Here is a quick one, getting involved in real estate, gold, bitcoin, land stock is not an easy one like you mentioned cash, bitcoin, gold and land. You definitely need a huge amount to balance your investment.
What I learnt here is never get too jampack with your investment firstly, even when dealing with crypto for example if holding bitcoin then you should maintain holding bitcoin only. Bitcoin, gold, cash and land stock are just too much for you to keep with, even if diversification of assets is advisable not with so many assets like this, you should at least go for few assets to keep up with.
Secondly if diversify assets is your choice then you don't want to get hookup with any kind of distraction or mistake so you need to have something doing like a multi job to keep up with like business etc. They're alot of business to keep up with when investing cause you will not only invest but you also have needs to settle and it doesn't make sense when you keep withdrawing profit from your little investment to settle needs or to meet up with other investments. I don't expect an investor to act like this with an early investment cause it will only ruined the growth of the investment but as time goes on you start understanding the statics and reaching the target is the best.

One can actually invest in real estate, gold, bitcoin, land stock and be successful in all of it. When you are this successful and you are ready to diversify in all of these things, you can actually get a portfolio manager to keep track of all your investments, while your focus can just be in the bitcoin, since you don't need to do much about bitcoin investment. All you just need do is buy and hold it. The are people who specializes in portfolio management, you can hand over your other investments to them for effective management and hand over your real estate investments to a real estate Management firm. The point am just trying to make is that your can diversify your investments into many aspects as you deem fit.