I should 95% of the individuals (probs 0.0001% of the market cap)
HODLing forever might be a dumb strategy, but HODLing for the next decade or so might not be.
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So many 1MM dollar BTC buys coming in and almost no selling, iâm watching it at
someone just got rekt
i wanna see what sorta crazy whale games happen at 50k. i guess a lot of shorts will prob try to defend there
Am I correct that the average person shouldnât mess around with anything other than BTC and ETH?
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Taking a flyer on some altcoins during a bull market like this probably wont hurt too bad if you keep their portion of your portfolio low⌠but itâs definitely pretty close to straight gambling. Iâd say you should avoid a serious investment in any of them until you feel that you have a strong understanding of BTC on its own.
Once youâre at that point I think BTC/ETH/LTC is a reasonable next step. Lot of people down on LTC right now but Iâm personally stacking it and think its ratio vs BTC is looking good to improve significantly in the coming months.
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I was about to type ânah other stuff is fine as long as you donât do any dumb shit like options and leverage and buying a dog coin after it 20x in a week because some weird afrikaner emerald mine heir likes to tweet because he doesnât have a real job tweeted about it and also probably donât buy something literally named ponzicoin and maybe a few other rules and you should be fineâ but then I realized I should shorten it to âyes youâre correctâ.
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damn dog how many litecoins do you have?
I previously had some cryptocurrency in the 2017-18 run up and sold everything before the crash happened. I started buying back small amounts into BTC and ETH earlier this year. I just donât see anything inspiring confidence in me about any of the other ones, but litecoin could be worth holding a small amount.
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I started buying this over a period of a year Jan '19 - Dec '19.
Have sold at various times since then
Up but should have just held lol
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lol normâs feed is basically all crypto now.
https://twitter.com/normmacdonald/status/1360142099648106498
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wat
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Not investment advice, but Chainlink is one of the few projects with real-world use cases, and is positioned to be the infrastructure for the âoraclesâ that connect the various blockchains and reliably interface off-chain data.
Randomly picked some up during the previous Alt bubble knowing nothing about it for well under a dollar. Have since done some homework.
Currently trading at around $28. And most of this price movement occurred well in advance of the current bubble, when most of the other alts were tanking.
Jumped $3.5 today!
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I donât think the average person should buy those either, so Iâd go with incorrect.
This is the only crypto iâve ever thought about adding to my longterm HODL profile in addition to BTC/ETH. Ultimately I decided it wasnât really worth it, because I deduced that ETH would reap rewards of whatever LINK brings to the table. If i were to add it, it would maybe be like 5% max of my overall holding, and would likely just cut in to my ETH % in my portfolio, so idk if it is worth it.
The thing about all these alts from a longterm investing perspective is any alt you decide to add to your profile is just cutting down on how much BTC you have. So you need to be REALLY confident in the longterm prospects
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I havenât added to my LINK position in ages. Also have some ETH I bought ages ago, but the only position Iâm continuing to add to at this point is BTC.
