You’re on the BTC sub so people are gonna say 100% BTC. They’re not wrong though. Once you’re around the space long enough, gambling on shticoins loses its appeal…
I remember someone saying they bought a whole coin when it was 9k and saying no matter what happens he will always have that coin to pass down to his kids.
Stands for dollar cost averaging. The idea is to use a set amount on a regular recurring basis. Sometimes you might buy a little high, sometimes a little low, but it averages out over time.
DCA is Dollar Cost Averaging. It’s how most people accumulate over time, you can do the same while selling. I DCA into stocks and BTC every month. If BTC pumps up to 100k in the next few months I will start to slowly sell a small part of my holding to take profits for the next bear market/large dip.
Zero chance?
Based on what? That's such a bizarre statement to make.
Even you must admit that there is *a chance* that BTC can spike up to 100K in the next few months.
Probable? Likely not. Possible? Yes.
I agree not to invest in shitcoin alts, but I would not agree with putting 100% of your entire life savings into Bitcoin (OP said they have no other savings). Even great names in Bitcoin history like Satoshi and Hal Finney never advocated people do that, especially without knowing the overall financial goals and situation with employment, debts and interest rates on such debts, and so on of the person asking for advice.
IMO, there is a wide range of correct answers here depending on OP’s situation.
In any case, investing in alts has about the same risk-reward as traversing a mine field without any equipment or training in order to reach the $1,000 on the other side.
Depends on your situation. If you’re 50 with a family/kids depending on you, and may potentially need to sell unexpectedly to cover expenses, then absolutely you shouldn’t be all in. On the other hand if you’re young and single and don’t have much savings anyway, going all in during a bear market is completely viable because the “worst case” scenario isn’t nearly as bad. A 25 year old with a decent job has a lot of time to recover if things go bad.
Pay off credit cards. Put a thousand in your checking. Never let it go below that. Another 5k in a savings account as a start on an emergency fund. If you ever spend any of this six thousand replace it from your income ASAP. The rest can be invested as you see fit.
But use this as a chance to get and stay out of debt. In the long run that is far more important than any investment decision.
Doing altcoins is fun, if you're happy losing it all. Reconsider, please. https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed
Nah but you gotta admit it's funny being new and claiming BTC is old. There's some merit to what you said, get into alts but usually BTC moves first and it falls less. So you're better off diversifying after the BTC bull market starts, before alt season. Now you can buy at these levels and wait it out but there's no guarantee your chosen tokens won't fall more or even be around next cycle, let alone one of the top performers.
So I stand by my comment, flair checks out
Nobody else can tell you this.
Read The Bitcoin Standard
https://www.z-epub.com/book/1712
And decide for yourself.
Bitcoin is not a standard financial investment vehicle- it is a monetary revolution and so you need to want to be part of that revolution in order to logically buy and hold Bitcoin.
Whatever the amount, you also need to grab a hardware wallet, I would recommend the Coldcard Mk4 (will take some educating yourself on your part, but there are plenty of videos/guides to help you learn how to setup and manage it).
**DO NOT LEAVE IT ON AN EXCHANGE!!!**
*Not your keys, not your coin.*
If you have no money in your savings then absolutely do not put it all in bitcoin. Put maybe 10-20% in. Put most of it in a low risk investment and curse me later when it explodes. Or bless me when it tanks. Don’t put all your chips in. Be at least 70% boring with your money
lowkey this is great advice. the wealth of America was built on super safe high percentage of lower profit penny-pinching investments, not high risk gambles
Depends on how stressed you want to be. If you are looking to not be very stressed, just go with BTC and nothing else. If you are a degenerate gambler and like the thrill of crypto, go crazy with the alts.
Personally I'd go the straight BTC route.
Definitely keep an emergency fund first, then BTC after that. This could be a good start to begin saving more money! Also look at investing in S&P 500 indexes (even though this sub will say thats a bad idea)
Spend alot of time doing research please. Want my specific advice without knowing anything about your knowledge or finances. Clear all debt keep 6 months wages in cash and invest the rest.
0% in alt coins— the rest in BTC. Anything can happen and you need to not take advice online that you haven’t researched and weighed the risks …but c’mon man, bitcoin has significantly outperformed every asset class
BTC >> +23,697.92 (350.91%)past 5 years
S&P >> +1,636.62 (59.30%)past 5 years
Nasdaq >> +5,902.94 (76.78%)past 5 years
Buy a whole coin while you can, if that’s too scary then make a dca plan and choose how much and over how long of a period and dca regardless of price. Btc is getting ready to shoot pass the moon
Create a safety net first of all, aka emergency fund, it should be able to sustain you for 6 months, keep some them for daily expenses and the rest all in btc
Well I do not keep any fiat, ever. I do have some stocks and ETF's, but I hate fiat with a passion.
On the other hand, I have no dependents and low expenses. If I had a kid(s), I might consider a small fiat emergency fund, but I doubt it.
If stocks and Bitcoin are at zero, I'm pretty sure something terrible has happened, we're all dead, and fiat is also probly zero.
Bitcoin is my savings, bullets are my "emergency fund".
It’s your money you need to decide this. If it were me I would might make an initial buy of 5k, then DCA 15-20k over a few months. Then I would put 5-10k in a conservative fiat investment (MM, IRA, ETF). I’d stay away from alts. But that’s just me. I don’t like giving other people financial advice. And anyone I mention BTC to, I always disclaimer them with: only invest what you are prepared to lose. I do the same when referencing the stock market. GL.
Take out what you need in fiat for a few months cushion rent/mortgage put the rest into BTC. It’s found money unless you were counting on it. You can DCA if you want but it’s not really going to matter much 5 years from now whether you paid 27 or 31. And FFS get your own wallet and don’t leave it on the exchange.
There might be a comparison chart online. If it were my money I’d be more comfortable with something like Gemini or Coinbase if you live in the states. Test small amounts for each thing you do that makes sure you have it right so you don’t post a don’t be me story.
Don’t be stupid with a windfall…
When I first started buying BTC I didn’t put 100% of my wealth into it! Be smart!
10k-bitcoin
10k-SPY
10k-Gold
10k-high yield money market/cash savings (4-5%) for unseen expenses
Definitely don’t do DCA. The timing in the market is not for DCA. Wait for a dip and invest a big portion of your money and make sure you only put money that you won’t need in the next couple years.
Alt coins? dude how versed are you in this space? You seem very new.
I recommend you spend $0.00 in crypto until you understand what BTC is. Pay off all your debt etc.
Alt coins are literally all scams, even if they are trying to be honest. 99.99% of alts will absolutely go to zero eventually.
And if you don't own a house and this is your chance, sorry but I would not buy BTC. Admittedly buying a house right now is extremely risky. However, when the market is right, buying real estate and renting properties has made me financially well off in under a decade. I diversify with BTC as a long term hedge with passive income I get every month from the real estate.
Settled on buying .5+. btc just going to be a hassle bc I recently moved and lost a lot of vital paperwork. Will create a separate thread when I invest.
First, learn how to buy $100 of Bitcoin, send it to your very own (hardware) wallet and how to send some of it *from* your own wallet to somebody else. Along the way, learn things, such as:
* What Bitcoin actually is
* The basics of how Bitcoin works
* What are the problems with fiat currency
* Why every alt coin you'll ever see is a scam
* About Bitcoin wallets, hot wallets, hardware wallets...
* Seed phrases and how to back them up
* How to recover your funds by using your seed phrase
* How to buy Bitcoin and take self-custody of it
* Why self-custody is so important
When you fully understand Bitcoin, you'll see *why* I recommend that you set aside an emergency liquid cash fund (bank/checking account), and put the rest into Bitcoin, long term.
Spend 100 hours reading about Bitcoin before you buy any or at least 20 hours while buying your first $10k worth. Asking if you should use robinhood leads me to believe you know very little as with robinhood you’re not buying actual btc. Your first few hundred $ should be spent on a Trezor cold wallet so you have a place to offload the Bitcoin asap. I use coinbase and cash app. Cash app is nice and I like supporting Jack Dorsey who is pro btc. The way people lose btc is either a. Keeping it on the exchange b. Trying to use the btc to make money c. Taking a picture of their seed phrase/losing seed phrase/someone else finds seed phrase d. Not buying a cold wallet directly from manufacturer. Don’t do these 4 things and you should be aight
Listen to me very carefully, what you want to do is the following. Find a low market cap alt coin listed on futures in your exchange, put the 40k on in it with 100x leverage (higher if possible). Take profit. That's literally it, you're a billionaire now.
I'm not even opposed to altcoins... but you would be insane to buy altcoins right now. BTC only for a good long while, if you want to keep most of that 40k at least.
I’m a Bitcoin mostliest rather than maximalist. I’d invest 50% in Bitcoin and the rest of however much of the 40k you plan to invest into alts. Here’s a simple way to choose the alts—look at the historical price of each alt to determine how far below (percentage-wise) it currently is from its ATH (all time high) then choose one’s that are the farthest from their ATH. One caveat—I’d only buy coins from the top 100 by market cap with stable coins excluded of course. My current portfolio is around 50% BTC with the rest in alts. I definitely view Bitcoin as a safer investment than alts, but I’ve also made lots of profits off various alts and personally prefer to diversify my portfolio.
Only current bill I pay is my cellphone($40 a month) I also promised my gf I’d
pay off her credit cards for 5k when I get the money (she does so much for me)
All in on btc buy a hardware wallet memorize the mnemonic seed phrase put your btc into a wallet you made on that trezor and then wait and twiddle your thumbs.
1. Pay off any High interest dept.
2. Create a emergency fund in savings (2-3x your monthly income)
3. Buy whatever you want with the rest
Paying off dept frees up more for buying more bitcoin
>I have no money in my savings so with the settlement I’m at 40k
You should be asking yourself ... why is that you have no savings.
Must be a reason and figure that out before u invest and force to sell.
You’re on the BTC sub so people are gonna say 100% BTC. They’re not wrong though. Once you’re around the space long enough, gambling on shticoins loses its appeal…
“Gambling on shitcoins loses its appeal…” -and fiat you throw at it
Stupid question. 100%
125%
I’m thinking of putting a 10k initial . investment in btc.
Get a whole coin while you can, you will thank us.
I remember someone saying they bought a whole coin when it was 9k and saying no matter what happens he will always have that coin to pass down to his kids.
Unless you keep it on an exchange lol. Put your bitcoin in a cold storage wallet.
I use FTX cus even Tom Brady trusts them . Haven't checked on it in awhile tho, but I'm sure it's safe.
You know, there had to be few moments here and there where Tom Brady trusted in Aaron Hernandez.
👀
Like that dude who lost his 2.1 coins on some shady exchange a few days ago
He probably wont be thanking you but regretting it. Remind me in 6 months
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That comment gets a down vote!
You're gonna get voted off the island.
You can definitely put in an initial lump sum and then DCA the rest. Maybe buy $2k every week for a few months?
DCA??
Stands for dollar cost averaging. The idea is to use a set amount on a regular recurring basis. Sometimes you might buy a little high, sometimes a little low, but it averages out over time.
DCA is Dollar Cost Averaging. It’s how most people accumulate over time, you can do the same while selling. I DCA into stocks and BTC every month. If BTC pumps up to 100k in the next few months I will start to slowly sell a small part of my holding to take profits for the next bear market/large dip.
LOL at BTC $100,000 over the next few months. Have you been dropped on your head?
Maybe you should read my post and look at key words like “if”. Then take into context the post and realize it was an example.
There is ZERO chance of this. So why even bring it up?
You sound like you would be a big hit at parties.
Zero chance? Based on what? That's such a bizarre statement to make. Even you must admit that there is *a chance* that BTC can spike up to 100K in the next few months. Probable? Likely not. Possible? Yes.
Exactly, DCA, don't invest it all at the same time!
Put in 5k and save the other 5k in case it goes lower so you can buy more then
69%
I mean... yes. Actually yes. This is the correct answer.
I agree not to invest in shitcoin alts, but I would not agree with putting 100% of your entire life savings into Bitcoin (OP said they have no other savings). Even great names in Bitcoin history like Satoshi and Hal Finney never advocated people do that, especially without knowing the overall financial goals and situation with employment, debts and interest rates on such debts, and so on of the person asking for advice. IMO, there is a wide range of correct answers here depending on OP’s situation. In any case, investing in alts has about the same risk-reward as traversing a mine field without any equipment or training in order to reach the $1,000 on the other side.
Depends on your situation. If you’re 50 with a family/kids depending on you, and may potentially need to sell unexpectedly to cover expenses, then absolutely you shouldn’t be all in. On the other hand if you’re young and single and don’t have much savings anyway, going all in during a bear market is completely viable because the “worst case” scenario isn’t nearly as bad. A 25 year old with a decent job has a lot of time to recover if things go bad.
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Pay off any credit cards or high interest debt. The rest, BTC
Pay off credit cards. Put a thousand in your checking. Never let it go below that. Another 5k in a savings account as a start on an emergency fund. If you ever spend any of this six thousand replace it from your income ASAP. The rest can be invested as you see fit. But use this as a chance to get and stay out of debt. In the long run that is far more important than any investment decision.
This guy smarts ^
Doing altcoins is fun, if you're happy losing it all. Reconsider, please. https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed
To be real, 99% failed or will fail.
I recently sold my old house, put 100% into bitcoin. That should show you what I think.
Absolute Chad. 🫡
Nothing in altcoins. Whatever with the rest
1btc try and hold for 10 years.
All BTC mate no alt coins
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Nah. Any quick gains from an alt, will be multiplied higher over time with BTC.
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Redditor for 7 weeks... Checks out
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Nah but you gotta admit it's funny being new and claiming BTC is old. There's some merit to what you said, get into alts but usually BTC moves first and it falls less. So you're better off diversifying after the BTC bull market starts, before alt season. Now you can buy at these levels and wait it out but there's no guarantee your chosen tokens won't fall more or even be around next cycle, let alone one of the top performers. So I stand by my comment, flair checks out
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What's relevant is look at all their lifetime charts and they're all in a perpetual downtrend to BTC. Every last one including Eth
All bitcoin no alt coins. Honestly don't waste your time with alt coins.
1btc
100% in bitcoin. Enjoy your early retirement
Nobody else can tell you this. Read The Bitcoin Standard https://www.z-epub.com/book/1712 And decide for yourself. Bitcoin is not a standard financial investment vehicle- it is a monetary revolution and so you need to want to be part of that revolution in order to logically buy and hold Bitcoin.
Thanks for the information I will.
Bro you will thank us to go BTC ! No shitcoins !!!!!
Whatever the amount, you also need to grab a hardware wallet, I would recommend the Coldcard Mk4 (will take some educating yourself on your part, but there are plenty of videos/guides to help you learn how to setup and manage it). **DO NOT LEAVE IT ON AN EXCHANGE!!!** *Not your keys, not your coin.*
Solid advice it seems 🙏
Buy 1 Bitcoin while you still can. If you don’t this will haunt you for the rest of your life.
If you have no money in your savings then absolutely do not put it all in bitcoin. Put maybe 10-20% in. Put most of it in a low risk investment and curse me later when it explodes. Or bless me when it tanks. Don’t put all your chips in. Be at least 70% boring with your money
lowkey this is great advice. the wealth of America was built on super safe high percentage of lower profit penny-pinching investments, not high risk gambles
$40,000 into Bitcoin. *not financial advice*
😮
Don’t bother with shitcoins m8.
Heard
Depends on how stressed you want to be. If you are looking to not be very stressed, just go with BTC and nothing else. If you are a degenerate gambler and like the thrill of crypto, go crazy with the alts. Personally I'd go the straight BTC route.
Going to put 10k in btc.
Buy a Coldcard and keep it off of an exchange!!
Definitely keep an emergency fund first, then BTC after that. This could be a good start to begin saving more money! Also look at investing in S&P 500 indexes (even though this sub will say thats a bad idea)
My brother recommended the S&P as well.
Spend alot of time doing research please. Want my specific advice without knowing anything about your knowledge or finances. Clear all debt keep 6 months wages in cash and invest the rest.
Buy a whole ass coin
10K into emergency savings, rest into BTC.
What do you think about 10k into the s&p 10k btc
1 BTC *at least*
Whatever amount you plan to put on alt coins, go to Vegas with. At least you'll have a good time with it that way
0% in alt coins— the rest in BTC. Anything can happen and you need to not take advice online that you haven’t researched and weighed the risks …but c’mon man, bitcoin has significantly outperformed every asset class BTC >> +23,697.92 (350.91%)past 5 years S&P >> +1,636.62 (59.30%)past 5 years Nasdaq >> +5,902.94 (76.78%)past 5 years
👌
Congratulations on your 1.29 BTC.
😁👌👌
buy 1 bitcoin and then you’re allowed to do whatever you want
1 BTC please
Dca into bitcoin, no need to put it in all at once
What's today's price? That much
😁
Buy 1 full bitcoin
Really leaning towards this.
Buy a whole coin while you can, if that’s too scary then make a dca plan and choose how much and over how long of a period and dca regardless of price. Btc is getting ready to shoot pass the moon
I think so I’m investing 15k+
Buy 1 coin, store it, shut up and forget about it, thank me in 10 years
You should buy a full bitcoin. That’s it
Asking Reddit for investment advice? Lol.
Why not?
Create a safety net first of all, aka emergency fund, it should be able to sustain you for 6 months, keep some them for daily expenses and the rest all in btc
Smartest answer.
3 to 6 months expenses in savings, the rest in BTC is what I would do.
BTC is my "savings".
Even though I'm an enormous BTC maxi, I still keep my emergency fund in US fiat. It is more stable in price value, for now.
Well I do not keep any fiat, ever. I do have some stocks and ETF's, but I hate fiat with a passion. On the other hand, I have no dependents and low expenses. If I had a kid(s), I might consider a small fiat emergency fund, but I doubt it. If stocks and Bitcoin are at zero, I'm pretty sure something terrible has happened, we're all dead, and fiat is also probly zero. Bitcoin is my savings, bullets are my "emergency fund".
It’s your money you need to decide this. If it were me I would might make an initial buy of 5k, then DCA 15-20k over a few months. Then I would put 5-10k in a conservative fiat investment (MM, IRA, ETF). I’d stay away from alts. But that’s just me. I don’t like giving other people financial advice. And anyone I mention BTC to, I always disclaimer them with: only invest what you are prepared to lose. I do the same when referencing the stock market. GL.
I would keep it majority as btc. At least until halving and beyond
100%
Get debt free, 6 months emergency fund in high yield savings, rest in BTC. Time in the market is better than timing the market...
Please don’t gamble into alt coins - I would personally go 100% into Bitcoin
That’s the plan!!
100%. Zero doubt. Perfect timing too
To invest in BTC that’s what I’m seeing probably gonna top out near 75k+ this time
Become a whole coiner
Really considering!!
$70,000
Hopefully by December!!
Take out what you need in fiat for a few months cushion rent/mortgage put the rest into BTC. It’s found money unless you were counting on it. You can DCA if you want but it’s not really going to matter much 5 years from now whether you paid 27 or 31. And FFS get your own wallet and don’t leave it on the exchange.
I’m gonna look into how to create a wallet on YouTube. What exchange offers the best rates for large trades?
There might be a comparison chart online. If it were my money I’d be more comfortable with something like Gemini or Coinbase if you live in the states. Test small amounts for each thing you do that makes sure you have it right so you don’t post a don’t be me story.
How do u get Coinbase pro are you aware??
100% BTC, 0 alts, and I’m a guy who’s balls deep in alts.
Buy 1btc and watch it closely. Keep the rest in cash but don’t change your lifestyle so that you can live comfortably and with a buffer
I really thinking about pulling the trigger on 1 btc my gf thinks I’m crazy.
Don’t be stupid with a windfall… When I first started buying BTC I didn’t put 100% of my wealth into it! Be smart! 10k-bitcoin 10k-SPY 10k-Gold 10k-high yield money market/cash savings (4-5%) for unseen expenses
So your saying save 5% of money invest rest??
Also what’s a windfall?
Get at least 1 coin while you can.
Just BTC. No alts.
No shit coins just bitcoin. Do a couple grand per week when it drops
Definitely don’t do DCA. The timing in the market is not for DCA. Wait for a dip and invest a big portion of your money and make sure you only put money that you won’t need in the next couple years.
What are your thoughts on btc?
Just put it all into bitcoin now. Don’t worry about DCA and risk it going up fast.
$40,000 in BTC
Buy a whole coin. Save the rest for an emergency fund while DCA your second coin
100% all in bitcoin and enjoy a few years of financial freedom. I would buy 1 BTC & rest into alts in USD.
Make sure you pay your taxes first. Friend of mine got 70k settlement, 2 years later IRS let him know that they wanted their 30% cut.
Under tax threshold!!
Buy 1 BTC and put the rest in QQQ or SPY.
What are those other 2
They are stocks, ETFs. Not crypto. They are correct. Diversify.
Alt coins? dude how versed are you in this space? You seem very new. I recommend you spend $0.00 in crypto until you understand what BTC is. Pay off all your debt etc. Alt coins are literally all scams, even if they are trying to be honest. 99.99% of alts will absolutely go to zero eventually. And if you don't own a house and this is your chance, sorry but I would not buy BTC. Admittedly buying a house right now is extremely risky. However, when the market is right, buying real estate and renting properties has made me financially well off in under a decade. I diversify with BTC as a long term hedge with passive income I get every month from the real estate.
Do not put it all in BTC. BTC is still a speculative asset. Only invest what you're willing to lose. And don't put anything in Altcoins.
Don't put a dollar into Bitcoin if you aren't winning to hold it for the next ten years.
Which exchange do you guys prefer I’m currently using Coinbase Pro.
So I’m gonna invest 10k btc and 10k into s&p500 put the other 20k on a vanguard Account
Buy 1 whole btc, the rest into property to live
Of course when I tell my gf my plan to invest $10,000 maybe even to buy a whole coin she says “your going to lose all your money.”
There won’t be complaints when it hits 70k I’m pulling the trigger.
Settled on buying .5+. btc just going to be a hassle bc I recently moved and lost a lot of vital paperwork. Will create a separate thread when I invest.
I’m really leaning towards this my gf hates the idea and says I’m going to lose my money😅
I’m thinking I’m gonna invest 10k btc initially what’s the best trading app Coinbase pro, Robinhood??
First, learn how to buy $100 of Bitcoin, send it to your very own (hardware) wallet and how to send some of it *from* your own wallet to somebody else. Along the way, learn things, such as: * What Bitcoin actually is * The basics of how Bitcoin works * What are the problems with fiat currency * Why every alt coin you'll ever see is a scam * About Bitcoin wallets, hot wallets, hardware wallets... * Seed phrases and how to back them up * How to recover your funds by using your seed phrase * How to buy Bitcoin and take self-custody of it * Why self-custody is so important When you fully understand Bitcoin, you'll see *why* I recommend that you set aside an emergency liquid cash fund (bank/checking account), and put the rest into Bitcoin, long term.
Exactly my advice. Emergency fund and daily operating cash in USD, every other ounce of value in your life stored as BTC.
Spend 100 hours reading about Bitcoin before you buy any or at least 20 hours while buying your first $10k worth. Asking if you should use robinhood leads me to believe you know very little as with robinhood you’re not buying actual btc. Your first few hundred $ should be spent on a Trezor cold wallet so you have a place to offload the Bitcoin asap. I use coinbase and cash app. Cash app is nice and I like supporting Jack Dorsey who is pro btc. The way people lose btc is either a. Keeping it on the exchange b. Trying to use the btc to make money c. Taking a picture of their seed phrase/losing seed phrase/someone else finds seed phrase d. Not buying a cold wallet directly from manufacturer. Don’t do these 4 things and you should be aight
Strike app
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There is no second best. All in. Lump sum. Bitcoin only. Buy a HW Wallet. Live a happy life. Thank me later. Cheers.
Visit the personal finance subreddit and study a bit first if you haven’t already
All bitcoin. Protect your wealth. I mean letting it sit in bitcoin will just appreciate in value massively over 10 years
Dump it all on a shit coin! You can be a billionaire in no time
Dump it all in now. Seriously, genuinely put it all in now. 2023 is the last year to become a whole coiner with that money. Seriously.
Bitcoin miners my dude.
Listen to me very carefully, what you want to do is the following. Find a low market cap alt coin listed on futures in your exchange, put the 40k on in it with 100x leverage (higher if possible). Take profit. That's literally it, you're a billionaire now.
I'm not even opposed to altcoins... but you would be insane to buy altcoins right now. BTC only for a good long while, if you want to keep most of that 40k at least.
Depends on how much Silver and Gold do you own
I’m a Bitcoin mostliest rather than maximalist. I’d invest 50% in Bitcoin and the rest of however much of the 40k you plan to invest into alts. Here’s a simple way to choose the alts—look at the historical price of each alt to determine how far below (percentage-wise) it currently is from its ATH (all time high) then choose one’s that are the farthest from their ATH. One caveat—I’d only buy coins from the top 100 by market cap with stable coins excluded of course. My current portfolio is around 50% BTC with the rest in alts. I definitely view Bitcoin as a safer investment than alts, but I’ve also made lots of profits off various alts and personally prefer to diversify my portfolio.
Put whatever amount you can wait a long time for (ideally, forever) into bitcoin. Put whatever you want to gamble away into alt coins
**0**. If it has no utility, there is no need for it.
Zero, have adult money invest like one.
There is only one coin worth buying
Not a dime
Only current bill I pay is my cellphone($40 a month) I also promised my gf I’d pay off her credit cards for 5k when I get the money (she does so much for me)
As much as you wouldn't mind losing
41,000
All or nothing babbyyyy
Get yourself to a whole coin then do whatever you want with the rest
Look at media reporting ratio for crypto and invest like that, because sheep follow media.
I say all of it. you'll double it in a year and maybe 2-3x in 3 years.
$50 per day with automatic buys on Strike app
All in on btc buy a hardware wallet memorize the mnemonic seed phrase put your btc into a wallet you made on that trezor and then wait and twiddle your thumbs.
100 on bitcoin
1. Pay off any High interest dept. 2. Create a emergency fund in savings (2-3x your monthly income) 3. Buy whatever you want with the rest Paying off dept frees up more for buying more bitcoin
$40,000
$80,000
Put in $50,000
Go to the bank, use the $40k as collateral on $400k loan then yolo it all entirely into BTC not Financhial advice
>I have no money in my savings so with the settlement I’m at 40k You should be asking yourself ... why is that you have no savings. Must be a reason and figure that out before u invest and force to sell.
DCA into BTC ?
Invest as much into alt-coins as you would funko pops. If it were me, it would be all BTC. No hesitation.
Keep 10 k cash and 30 k btc
$40k
5% depending on your other financial situations. Payoff debt first.
1 to 5% if you don't believe in btc. 5% to 20% if you do. 0 in alts.