You're missing the point I'm just saying incase your plans Is for short-term goal you should also make plans long term investment goal, I'm not encouraging anyone to diversify into investing his or her funds in any shitcoin or whatsoever just for them to make an alternative plan for their investment.
This thread is about bitcoin investing, and so what is your point about alternative investments? or alternative place to place value rather than talking about bitcoin? Potentially bitcoin and dollars (or other fiat that guys might have), and sure in this thread we are talking about investing long term such as 4-10 years or longer?
How is talking about (or potentially preaching) that there is supposedly some kind of need for an alternative, even relevant? and why is it even needed?
One of the ways to prepare for possible negative bitcoin scenarios is based on position size, and so if you are super skeptical about bitcoin then maybe you would choose a smaller position size while you are learning about bitcoin, and perhaps if you never overcome your skepticism about bitcoin then you might choose to discontinue your investment into bitcoin, which surely many of us would think to be a bad move or a bad idea, yet surely some folks do end up abandoning their bitcoin investment and not everyone can come to bitcoin with a longer term investment timeline, such as 4-10 years or longer.
I am not even proclaiming that a person needs to have a 4-10 year investment timeline for bitcoin to merely get started, yet hopefully anyone coming to bitcoin considers that bitcoin is likely to be a better long term investment rather than something to try to trade or to gamble.. meaning that anything less than 4 years would likely be considered a possible trade rather than an investment.
You seem to be wanting to talk about some topic other than the topic of this thread, so maybe you should explain what you mean by alternative? and/or how the consideration of some kind of a supposed alternative is related to this thread?
His statements are very confusing, he sounds like he knows lots about Bitcoin investment yet he knows nothing, like advising people towards long-term goals via Bitcoin investment but telling then to have an alternative investment or whatsoever that's very misleading and my advise to him since he's new to the forum is that he should get more knowledge about Bitcoin investment before giving his opinion here cause lots of folks who are Bitcoin advocates and knows the right thing to do concerning investing on it would definitely kick against it, you can't be advising people towards investing for a longer period yet telling them they can have alternative investments with short-term goals. As a newbie in cryptocurrency it's best for him to prioritize investing on Bitcoin for a start then it's his choice to diversify into any shitcoins (alternative investment) as he claims, that's after he might have met his target in the range of 4-10 years but then it would be unwise to diversify from Bitcoin investment to Shitcoins