Ninjastic
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Re: How much money from my profits i should put in bitcoin ?
by
Samlucky O
on 07/01/2025, 22:54:54 UTC
Quote from: CryptoThalion on Today at 02:55:10 PM
Quote from: new19980 on November 18, 2024, 09:23:55 PM
Hi im trading altcoins on exchanges for years now and i was always withdrawing like 60-70 percent of my profit
and buy bitcoin for the rest (30-40 percent) but since btc price is highly increased you think i should just keep
doing the same or i should buy USDT instead with that 30-40 percent meant for bitcoin and store it in a safe wallet
like trezor till btc price drop or till we see a new bear market then buy btc with that saved USDT  Roll Eyes
My friend who is doing crypto for a long time now always told me that "Invest only what you can afford to lose" and funny because he sold his first house just to buy Bitcoin. So yeah, I think it depends on what you can afford to lose (lol)
Well what your friend told you about buying Bitcoin with what you can afford top lose, it's actually true. But that doesn't mean if a person want to sell his house to buy Bitcoin is not a nice idea. I think before he want to sell that house to buy Bitcoin, maybe he could have some other Houses but chose to sell one out of them and invest into but Bitcoin as lump sum amount. Which will be profitable in the future.