Quote from: Akbarkoe on October 20, 2024, 08:25:33 PM

Quote from: justdimin on October 20, 2024, 07:23:11 PM

Quote from: Akbarkoe on October 18, 2024, 05:59:39 PM

It is indeed safe but it should also be considered the composition in managing the portfolio, you should have more bitcoin than altcoin to avoid the risk of storing money in altcoin, so you will get a much greater chance, such as 20% in altcoin and 80% in Bitcoin, it will be very healthy for the development of your investment towards the future, especially if you invest in Altcoin which still has a centralized system, you must be careful even though coin is quite famous and hype in the market.

This is true, having a portfolio that is diversified is an important situation, because it gives you a great return when you have a good portfolio and not only it helps with a lot of downs, but it also helps you with further profiting as well, very important situation to be in. I believe the best thing to do in this case is to have a portfolio as deep as you can while keeping bitcoin as your number one.

A lot of people say the highest you should have for a single asset is 20% at most, and I agree with them, I have more than that, bitcoin is half of my portfolio but I can see 20% being a lot better. This way, you could have 20% bitcoin, 20% ethereum, and then the other 60% could be 5% each for 12 different tokens and coins as well. This would give you a much better situation, and at the very very worst case, bitcoin and ethereum will go up twice and then some in the future, so you will recover everything even if those 12 coins and tokens go to zero.

Maybe you are right, but all of this ultimately depends on our individual preferences in managing our risk and capital in investing in crypto, because if you talk about the percentage in investment, there are many things to consider, for example using your projected view by having $1 million and you keep 20% in BTC and ETH ($200k in BTC and ETH) and for the remaining coins you keep (5%) / $50k in each altcoin with a total of 12 altcoins that you buy, is that not excessive in taking risks? I think it is excessive to keep so much in altcoins, my point is that the percentage of the portfolio is relative depending on how much money you have to keep so that the formulation for each diversification you can see clearly and suitable for the risk you take including in the scenario I gave.

Diversification would really be the best if we do really tend to consider out on potentially be able to earn on multiple coins/tokens specially on this upcoming bull run. Potential profits could really be also
that much bigger in comparing when you are really just that simply holding Bitcoin into your portfolio.It would really be just that depending on you whether youwould really be that focusing into a single point
or would really be making up some reconsiderations on touching up altcoins on which this one wont really be bad. Every coin/tokens listed on the market will really be having that potential on overtaking Bitcoin.
We arent that dumb enough on not to see into those potential in terms of feature and other aspects on which Bitcoin doesnt have but of course it cant be easily be overtaken or dethroned considering that this is really the main crypto or simply the father of all on which its really that hard to be replaced into its current position. Any advantage or in comparison would really be totally useless if we do try out to compare about
the community support and interest on which we know that it will really be mainly focusing on Bitcoin and this what makes it sitting on the top spot for decades+. Although there would really be no assurance
because there's no way that we could be able to predict the future but at least we do make out such steps on which we know that this could bring out that potential profits on the moment that we've decided
to make out such actions and of course into the choices made.