Quote from: Btcdeybodi on Today at 02:13:17 PM

Michael Saylor posted the new MSTR Bitcoin tracker today which indicates signs of a buying move so we should expect a news of another buy any moment Cool

Quote from: BTC_pokaop on July 19, 2025, 04:34:25 PM

Quote from: avp2306 on July 19, 2025, 10:19:43 AM

But also look at this article guys MicroStrategy Files to Buy $5 Billion in Altcoins This decision is quiet intriguing since it seems that they are trying to engage on more riskier option. I just do hope that their decision to invest on altcoins will not cause their collapsed since investing in altcoins for long term is so risky.

MSTR would be better off focusing on Bitcoin. Although altcoins are extremely risky, of course holding altcoins for a long time will be more risky. There is no guarantee of altcoins. They can be worthless from the market at any time, but MSTR can buy the top coins in the market, but they should stay away from shitcoins and memecoins.

So what other coins do you think are worthy of MSTR to buy, ain't they all shitcoins? There is no shitcoin out there that has a promising future so it will be unwise to trust any of them with your money except with an amount you can afford to lose. Inasmuch as MicroStrategy keeps buying more bitcoins from time to time, i don't see his intention to buy altcoins as a problem. MSTR is a big hodler of bitcoin, they have a huge stash already so if they also want to diversify into some altcoins, it's their choice.

Altcoins worth $5 billion isn't bad, maybe it's an amount they can afford to lose. Anyways, just like i said. it's their choice, perhaps they own bitcoins worth more than $70 billion so if they invest only $5 billion on altcoins i don't think it will be problematic to them.

Maybe they went through a process of being able to buy up to $5 billion in shitcoins in order to have the option to be able to do it, yet not necessarily to exercise such option. I hold a few shitcoins (that all of them together constitute less than 1% of my bitcoin holdings) in order to potentially have other transacting options, so even though I watch what those various shitcoins are doing on a kind of superficial level, I don't really give too many shits if they end up going to zero. I suppose that even if I were to add more of those shitcoins, I would still likely stay below 1% of my BTC holdings in the total of them, even though I surely might not be opposed to adding a bit more if there were some justification. .even a couple of percentage.. yet I hardly imagine a case where I might allocate up to 10%, which has been one of my longer-stead pieces of advice to folks to limit their shitcoin holdings to no more than 10% the size of their bitcoin stack... but I say the same thing about trading and about gold too.. . so if a person were involved in shitcoins, trading and gold, then theoretically he could have 30% of the size of his bitcoin stash in those endeavors.. even though I probably would have to modify the amount for any combination of inferior/experimental practices like that so that even with all three of them maybe 15% to 20% would be the max that I would consider to be within reason absent any special justification to go beyond such limitations.

Quote from: BTC_pokaop on Today at 04:13:59 PM

Quote from: Btcdeybodi on Today at 02:13:17 PM

So what other coins do you think are worthy of MSTR to buy, ain't they all shitcoins? There is no shitcoin out there that has a promising future so it will be unwise to trust any of them with your money except with an amount you can afford to lose. Inasmuch as MicroStrategy keeps buying more bitcoins from time to time, i don't see his intention to buy altcoins as a problem. MSTR is a big hodler of bitcoin, they have a huge stash already so if they also want to diversify into some altcoins, it's their choice.

Altcoins worth $5 billion isn't bad, maybe it's an amount they can afford to lose. Anyways, just like i said. it's their choice, perhaps they own bitcoins worth more than $70 billion so if they invest only $5 billion on altcoins i don't think it will be problematic to them.

Yes, it is true, diversifying the portfolio is a good idea. As we know, you should not put all your eggs in one basket.

For me diversification makes sense for already large investors, institutions and/or someone who established their wealth and they are largely trying to preserve their wealth rather than grow it... even though no one is really against growth, yet at some point growth may be less of a focus, even though it still might continue to happen, even with a preservation emphasis (preference).

I really doubt that diversification is a good idea for anyone individual (and perhaps even applicable to institutions) in their earliest stages of bitcoin accumulation, especially someone who had not already built up various investments prior to coming to bitcoin.

By the way, so many times on the forum I see guys proclaiming that they are going to do what Saylor/MSTR is doing, and there is a bit of nutso to that or a bit of misplacement of their own circumstances, since Saylor/MSTR has set up systems to put themselves in their own league, and so many folks should be considering their own strategy within their own economic parameters including that any leveraging needs to be considered with some level of moderation.

Back to diversification. It seems to me that with bitcoin, individuals can merely start out with bitcoin and cash, and there is no reason to diversify beyond bitcoin and cash until maybe later down the road when guys might have invested 1/2 year or a year or more of their annual expenses into bitcoin, and perhaps at that time, it might start to make sense to consider some levels of diversification, even to consider that the cash is not working, so beyond the 3-4 months of emergency/reserve cash, any additional cash, cash equivalents or even some investments that might be somewhat liquid within a certain relatively short time frame could start to be allowed to build up (as a form of diversification), within individual discretion in regards to his total investment amounts and perhaps his various other personal circumstances to make such balancing choices.

Quote from: BTC_pokaop on Today at 04:13:59 PM

But I said that if MSTR wants to invest in altcoins, it would be better to avoid memecoins and look at the top coins in the market such as (ETH)(SOL)(BNB)(XRP)

This gets scary to start to go down the road in regards to which shitcoin might be less shitty... in regards to potentially longer term paremeters rather than just getting in and out of pump and dumps..

Quote from: BTC_pokaop on Today at 04:13:59 PM

. For those who can invest $70 billion in Bitcoin, $5 billion is a very small amount of money, they may be prepared to lose. But we know that Michael Saylor is an experienced and knowledgeable person, he will research well and make an investment decision.

They seem to have had largely made a name for themselves proclaiming bitcoin as the only coin with fundamentals, so then we might presume that they might be attempting to approach any shitcoin with value-based fundamental considerations as their analysis framework.. so yeah a bit more to be seen on this front.

Quote from: Cpt_reader on Today at 05:08:55 PM

Quote from: JayJuanGee on July 19, 2025, 05:15:35 PM

It is probably good for you to have had learned the lesson relatively early, even though you took some losses with your shitcoin involvement.

Historically, there have been a lot of folks that get distracted into shitcoins, and surely some of them learn their lesson and they begin to focus more on (or maybe completely on) bitcoin. Shitcoins will continue to be distracting, which justifies part of my suggestion to make sure to limit shitcoin involvement to no more than 10% of your bitcoin holdings, and try not to cheat in regards to your ways of structuring such shitcoin involvement in the event that you cannot resist shitcoins. I am not even recommending involvement in shitcoins at all, yet I am suggesting if guys cannot resist getting involved in shitcoins, then to limit their involvement to no more than 10% of the size of their bitcoin involvement, which will at least limit the damage and allow them to mostly stay focused on the prize (namely bitcoin), and sure, if they happen to find some shitcoins that outperform bitcoin in the short or long term, then I don't have any problem accepting those sorts of happenings if they were miraculously able to identify such outperforming shitcoins.

You are right sir, I have realized the importance of Bitcoin by going to Shitcoin. I think it would have been better if I had bought Bitcoin instead of Shitcoin. And Shitcoin always has to be worried. Now I am not afraid anymore, I can sleep peacefully. I regret that I invested in Shitcoin even after selling Bitcoin. But anyway, I survived just a little. Yes, you said that more than 10 percent should not be involved in Shitcoin, but I think this 10% can be invested in Ethereum. And it is difficult to find such Shitcoin that will surpass Bitcoin. We may lose many dollars by falling into this trap. Greed works more in Shitcoin. There is no Shitcoin as reliable as Bitcoin, with such volume, market cap and popularity. Many people have gone bankrupt by investing in Shitcoin. So if someone asks for advice, I always advise them to buy Bitcoin.

Your suggestion that Ethereum might be less shitty of a shitcoin than the other shitcoins seems to be based on ignorance of what great piece of shit Ethereum happens to be, even if it has had some decent pumpenings over the years, yet does not really cause it to be less shitty except that others seem to be wanting to buy that same shit, and furthermore you seem to have had bought into the various Ethereum talking points and perhaps you have recognized (or been distracted by) by its ability to pump from time to time, like is currently happening with it.

But yeah, if you have enough discipline to restrict yourself to no more than 10% of your bitcoin investment into that shitcoin without cheating in various ways, then sure, you might be making progress to have had been able to eliminate the other shitcoins even if you happen to still be gravitating to the mother asshole of all shitcoins (as Saifedean Ammous had once described Ethereum).