Re: Buy the DIP, and HODL!

Whenever they ask me, I've always told them that Bitcoin is the biggest percentage of my portfolio and it's not just half, it's more than that and even close to the entirety of my port.

I don't even have to show what I've got but them looking at the market updates and prices, that's surely encouraging them.

Sure, is good to stack enough bitcoin in our portfolio before looking out to any other crypto currency, Since it has proven to be the best and more reliable than any other crypto currencies in the market. However, I don't think I can engage myself in any other crypto investment apart from bitcoin investment, this is a personal decision. Because I have never heard stories about how people are losing from bitcoin investment except the story of those investors who are not patient enough to HODL thier bitcoin in the long run and they choose to invest for short term profit, I'm pretty sure they're aware that bitcoin investment is not a short term investment yet they still choose to invest for short term profit, which is why they end up selling their bitcoin at lost. Aside from this I think all the stories that I have been hearing about bitcoin are all good, which is why I have decided to Stick to bitcoin investment because that's the only risk that i can afford to take for now.

It is never right to invest in crypto currency. What you are thinking is that after you have enough Bitcoin in your portfolio, you can invest in crypto currency. But it is not right to do so. Crypto currency is very risky, so the risk of losing your money is very high. Invest in Bitcoin with the amount of money you want to invest in crypto currency. I think if you invest in Bitcoin and hold it for a long time, you can make a lot of profit. Never step into crypto currency and it is not good to advise anyone else to step into crypto currency.

Every investment comes with a risk and Bitcoin is not an exception. Bitcoin investment is risky but it's worth trying. You cannot deny yourself the future benefits of investing in Bitcoin because you feel it's risky. An investor that's determined to invest in Bitcoin wouldn't consider the risks involved because, he's more focused on starting his accumulation journey over the years and wouldn't want to bother himself with the risk so that he doesn't get discouraged. when accumulating Bitcoin,a potential investor in Bitcoin always uses his discretional income to accumulate bitcoin regardless of the amount available at his disposal. One of the main purpose an investor often uses his discretional income, is to reduce the risk while he consistently Investing in Bitcoin . If someone is not investing in Bitcoin because he's afraid is not given a considerate excuse,it just obvious ,the person doesn't have the intention from the start to invest and will end up regretting his action in the future, especially when he had the opportunity to invest when the price was $100k or below.