Quote from: AVE5 on June 09, 2024, 05:46:49 AM

Quote from: AllYourBitcoinRBelong2Us on March 10, 2024, 05:14:38 PM

I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.

It's always a choice, sometimes investors must have determined from there innermost before coming to seek public consents. Mean while every other public opinion then would just be a free to air becoming useless to the seeker.
Is 5X profit target? After 5X do you think of exiting from the crypto markets? Or you'd go for a 100X crypto projects or you'd lower the level volume? 😂.
Think twice mate. Are you taking it for a gambling challenge or investment interest? Well, it's good securing highily profitable opportunities but must know it that the higher potentials of making huger profits is the more risky to be exposed.
Think of diversification my friend to alternate your financial security and also chances to hit higher profits.

Yes it is a choice but we have to understand the important and the value price in the investment. There are some altcoins your will invest that you won't make any profit and instead you will lose from the investment. And we have seen such testimonies in the forum and I am a best example. Though I just decided to invest on Ethereum to see if I will make something out of it but till now I have not gotten any profit. Buy if it was on bitcoin I would have gotten enough profit from it.

Though as you said it is a choice but there are some choices we made that also affect our plans again and I think this one of them. Most people are investing in altcoins because they are looking for a means to make quick money and that can vividly seen from the NOTcoin. People made God money from it and they thought that other airdrops can also be the same but the opposite is the case.