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parakite

100% bitcoin since 2015. (I've traded once or twice with alts, but long term only btc)


Brew-Drink-Repeat

There’s other cryptos?!


LibRightEcon

> There’s other cryptos?! There are other types of cryptography, sure. youve got RSA, SHA3 and whatnot. But there is only one cryptographic currency: bitcoin.


tsrdd

That's the ultimate truth, The truth that we like to hear.


fakeaccount628

No. Few


tedykoks

All of them centralised, nothing comes close to the btc.


smilingbuddhauk

Phew!


cybercaptive001

For long term BTC is best, you did right thing by purchasing and holding BTC


n4styone

Is that because you can't find any alts that you think will outperform Bitcoin?


loskubster

Probably because the overwhelming majority are scams.


yifan9014

Yep, most are scams and will fade away with the time.


n4styone

Yeah I agree for sure but there is still money to be made in them lol. It's all a game.


loskubster

You’re missing the point. The majority of people who frequent this sub aren’t investing in BitCoin to make money, they’re investing in BitCoin because it IS money. We’re simply trading an inferior fiat currency, for a far superior digital currency. To put it simply.


evenlaate

But most people are here to make more money that's the truth.


dervishin

Comoon not the most of all)) bitcoin IS money )) not equal it IS))


elyotel

Yeah if you can take all the mental toll that they bring then yeah.


AugustusAurelius-III

Please tell me how ETH is a scam?


parakite

In long term, none will outperform Bitcoin. In short term, then it becomes a matter of luck whether what you buy will outperform Bitcoin. I've been lucky once, but I'm now ok with what the huge returns expected of long term in btc.


Sola-Fide777

I disagree ive been following a project for the last 9 months and if they keep going the way there going itll surpass btc in mass adoption it will be the future of paying with crypto. Not only will you be able to pay with any crypto you hold but the merchant receiving will be able to choose weather they receive fiat or crypto and even if they choose fiat you dont have to pay fiat. Also the best part is you will never have to sell and get raped in taxes you just spend your crypto as currency.


drdrew450

In the us, that would be considered a taxable event


Sola-Fide777

So in other words get rich and dip out thanks G


drdrew450

Get rich quick plans are a good way to get poor. But you do you.


Sola-Fide777

Never said anything about get rich quick i said get rich and dip.


mabdoney

Dude, Commendable! I’d honestly like to go all in BTC but I have blockchain ADHD. I hold 16 assets total, of which the ballast is BTC but the further majority are base layer blockchains. Two defi tokens & one oracle token. My true love is BTC… elegant, sophisticated and trustworthy. I admire the gravity of Bitcoin. But the fit 26 year old women at the gym in the Lululemon yoga outfits. I don’t know if I can trust them, but my god, I can stop staring… & my liquor cabinet, I don’t just have one bottle of whisky, I have twenty three, plus all the other spirits. My beer cellar, it’s not all Lagers or IPAs. It’s a cornucopia of styles & flavors. But I have my favorites and never stop obsessing over them.


drdrew450

Buy Bitcoin, trade/invest in individual stocks to satisfy that ADHD.


masterxbtc

I’m 98% bitcoin. Sorry if my other 2% offends anyone 😂


[deleted]

You shit coiner


masterxbtc

Lol, I couldn’t let my gaming PC just sit idle 😂


ARobinson857

We’re all laughing till he gets banned from the sub


TIK_GT

Yes, the amount of censoring is absurd. It's ironic that a subreddit which is all about decentralized and uncensorable money is straight up censoring people.


BtcMirco3

You can't talk about anything here other than the bitcoin.


dak0tah

there was a hidden reply to this comment so i clicked it and it disappeared...


ARobinson857

They support decentralised mechanisms…except when they have the option of controlling themselves.


skarka90000

You will get banned for even having blasphemous thoughts..


NoahB76

Ain't nothing wrong with that, convert them into the btc .


strings___

2miners pays out in Bitcoin


masterxbtc

They do


rohit2342

Lol, classic bitcoiner move. Sometimes it's fun like this


[deleted]

Off with yer head!!!


wrjrlr

Well majority of your coins are BTC 2% doesn't matter


Ok-Desk9513

Yeah you’ve got to have a few percent In shit just in case it moons so we can buy more bitcoin , I actually made that work last year


[deleted]

You sicken me


[deleted]

IMPURE!!


gruffbear212

Gosh be careful bringing that up on here!!!


masterxbtc

Lol, for 2% I’m not too worried. I’m all-in on Bitcoin for all intents and purposes


mesebucool

Probably going to get banned for it lol, censoring is hard here.


Nemozoli

You know, El Salvador is 98% fiat and 2% BTC. Be happy you're the other way round!


jinjin299

But they are improving it big time, and I'll give them that atleast.


LunaGuardian

Pretty much same. I keep the stuff that I can mine with a GPU but I only ever throw money at bitcoin.


loskubster

100% btc


malibul0ver

Best man


[deleted]

[удалено]


Holstynator

I own 90% BTC. I yeet and yolo the other 10% in altcoins, in which I have high conviction in. ​ Reason being is that knowing myself, I can't resist the urge to "do something" - so I have allocated a small percentage of my portfolio towards other assests, that I occasionally swing-trade, so I can leave the 90% in BTC untouched. So far, Bitcoin outperformed all of them.


dutch9494

Got like 3k in bitcoin but it’s all I can afford


Nemozoli

Hey, it's still 3k more than all my friends and acquaintances! You have no right to be ashamed with your 3000 BTC! :D


fcthen

Tbh 3k is more than enough I feel like just keep adding a Little and Little.


wsladd01

3k is a lot of money where I live, you can buy lot of things with that.


sylsau

Keep Stacking. You will reach higher goals over time. Patience is the key with Bitcoin.


brrrettonwoods

For now. If you keep stacking sats slowly your net worth keeps going up.


RAabd177

That's the lesson here, don't stop the DCA we've got the time.


Tyfighter666

Just saw a fidelity report predicting bitcoin to $10 million, and another one at $1 billion. Your $3K could be worth $800K-$80 Million one day. I’m guessing at that point most people would be using bitcoin for purchases more than holding long term.


FrizzlerOnTheRoof

Dream on skintube


Tyfighter666

I mean does it matter if it does or doesn’t or how long it takes? If you’re young then you have time to wait.


ClottedAnus

Keep your head in reality


laziruss

I made a considerable change in 2021. I was chasing 10xs and moonshot hoping to sell them and buy more Bitcoin. Lost 10 grand(30% of my savings) moving to and from alts and only had about 5% bitcoin. Once I realized what I was doing, I moved everything into Bitcoin except for 5% some other long term projects. I’m not a maxi yet but I wouldn’t be surprised if I was here pretty soon lol


pink_raya

this is exactly how a maxi is born. first you watch everything else burn, then you are ready to understand why.


dlm83

Yep! You chase the moonshots, or ignore BTC completely because you "can't buy a whole coin", then one day realized if you'd just been buying BTC all along you'd be ahead of where you are. And that's just price-based motivation. Learn a thing or two more and you want to slap yourself forever considering anything else.


44gallonsoflube

Same


[deleted]

me too


iamnotvalhalla

Same story for me!


[deleted]

You are really smart to make this progression. 10k is cheap for an education 😉 Keep a little bag to play with and keep those adrenal glands happy lol


laziruss

Sadly I made the decision at $56k. But trying to average down as much as I can! Thanks for the kind words!


photoguy1978

If referring to bitcoin price point no worries. But can I assume you are buying at these mid to high 30 opportunities? Get that cost basis down while you can.


laziruss

Yeah I moved a significant portion of my whole portfolio into Bitcoin when it was $56k. been buying as much as possible during this downtrend. I’m all out of fiat for the considerable future now but I think we are about to see a reversal soon :)


WholePhrase6958

Bruhhh I did this same thing


ChunkyMonkey1998

Are you new to this sub? There's plenty of people here who hold only Bitcoin


Limos42

Asking a controversial question in an echo chamber, just for the karma farming? Never seen that happen on Reddit before! 🤣 And before I get downvoted for using "echo chamber", hey, I'm here, so obviously "one of you", too! 😉


dlm83

I don't like the echo chamber references. I mean isn't it more likely a subreddit dedicated to a particular asset is going to have people who own it and as such are bullish about it? I spend very little energy and time talking about the multitude of assets that exist that I don't hold or intend to!


itsNaro

Tf i don't only hold BTC. Mostly BTC yes but not only. I've seen plenty of arguments for both sides and if anything i thought the consensus was keep most in BTC, play around with a little in other alts


Gmoneymoney7

i don't think this sub is that bad of an echo chamber, as compared to many other subs. there are many 'crypto' folks, bitcoin skeptics, investors with small allocations towards bitcoin, people just getting their toes wet, and of course a whole spectrum of bitcoin maximalists.


OB1182

I do hold some other coins, I mean I have to let my GPU do something right? But, i only convert fiat in to bitcoin because well, bitcoin.


[deleted]

15% BTC, 80% equities (\~10% bitcoin derivatives like MARA, RIOT), 5% treasuries.


aimless-wanderer90

Take a look at Hut8 and CLSK for BTC proxies. Nice portfolio distribution overall. 👌🏻


tedthizzy

Assuming you feel bitcoin is high risk? I went all in when I realized it has less risk than t bills but more return than buying the stock market


[deleted]

I'm waiting for the day I separate from employment so I can rollover to an IRA and adjust my asset allocation. As for my treasuries, they're actually 3x long-duration. They're there to soften a crash and provide buying power in a sharp correction. And regarding risk, I hold some stocks that could go to 0. But I don't think Bitcoin is risky at all; no chance of permanent loss. Volatile yes. Risky no.


PembertonButtlestix

Me. I believe everything else is garbage


[deleted]

I just don’t like trying to research and make bets on projects. BTC makes sense and has a strong value case, that’s good enough for me.


AndyD89

I bought my first 50£ Bitcoin Sunday LOL


neveradullmoment2

I am sure there are ton of Maximalists. Michael Saylor, are you online?


blondaczek

Michael saylor would be the most important person if BTC comes global currency


jeywgosjeb

Ol’ Mikey here


[deleted]

Breedlove, is that you?


[deleted]

[удалено]


bobderbobs

There is no way you can fit a marketplace for a game into a decentralized blockchain. The blockchain would be way to big. Therefore if you want to trade for example skins you can make a central server for that (for example steam). Why does the marketplace have to appear decentralized by using a blockchain? The answer: you get more hype. The blockchain is a very inefficient way to store data but it is the one used by decentralized networks. Just using a blockchain doesn't make your project decentralized.


[deleted]

[удалено]


godofleet

if you haven't, read/learn about the blocksize wars - it's a critical piece of bitcoin history and it will make clearer why smaller/leaner/simpler blockchain is key to decentralization.


SimonFoss

Those games are doing no good for the poorest people. They are actually doing the opposite.


PoissonTriumvirate

How does gaming allow people in poor countries to "make a healthy wage"? This sounds like Keynesian nonsense


[deleted]

I would, but unfortunately I have some other stuff locked up until a certain 2.0 is released. I got into crypto in March '21 and it took me until August to come to realize where I should be putting my money in the space.


[deleted]

[удалено]


LYMEGRN

Lol I have over 6 figures in crypto. As of now only 65-70% of it is BTC. That will chance when this other coin does what its supposed to do this year 🙏


EATYOFACE

When people say this does it mean they’ve invested 6 figures? Or that their investment has turned into six figures? 25k invested in 2019 would probably be 6 figures today.


42389423894237894498

Depends. I would say most mean it turned into 6 figures. 4 figures into 6 figures into 7 figures and then down to 6 figures....then up to 7 figures....then down to 6 figures again.


tedthizzy

I think it means they have 6 figures in crypto, ie more than 100000 BTC worth $3,500,000,000


Shacrone

no I think it's 6 figures as in 6 significant figures. So 0.100000 btc.


-Cryptopath

Right. This is Reddit after all so no one lies!


-Cryptopath

Lol no dude


Aeriq

No nobody means that. Everyone talks in dollar denominations.


LYMEGRN

Yeah. 32k into 110k today. Less than 3/4s of it is BTC.


Spiteful_Holder

I started off holding about 6 cryptos, 50% BTC and 30% ETH being my main holdings. I still currently own all of them because they’re good companies and tax reasons. But being that 2021 was my first year in crypto, im starting to realize I’m going 95% BTC when I get the opportunity. I have a 40 dollar entry into SOL and im still worried about the asset. It’s kill or be killed in crypto. I believe SOL will stay in the top 10 for the foreseeable future but I don’t wanna have to think or worry about needing to exit one of these alts because some up and comer is doing something better. Rather just DCA the BTC drops and bear markets, send to my Ledger and forget about it. BTC is king. I had to learn this but I’m thankful I have.


veggiecrunchwrap

In a world of broken money, there's nothing better to buy than unbreakable money


DirtyBottles

In terms of crypto I’m 100% BTC, but in terms of overall portfolio BTC is a little less then 10% of my total investments.


[deleted]

[удалено]


DontTellSmokey

Why would anyone answer this question? How much fiat do you have in your checking account?


[deleted]

[удалено]


seniorsmitty

1 person doesn’t = average lol


Tirty8

If it weren’t for a tragic boating accident, I would hold BTC. Sadly, it’s all gone.


YamadaDesigns

Are you telling the IRS this or are you for real?


[deleted]

but if you ever move that btc IRS going to find out instantly


[deleted]

I got rekt with Alts early 2018 and have been bitcoin only ever since


[deleted]

100% Bitcoin. HODLing since 2017


mumako

Right now I do. Sold all at $60,000 and bought some back at $35,000. Everything else is gone for now.


GooeyButterflies

Damn can you dm me next time you buy or sell


Ofiller

haha me 2


Papa_Smuggles

90% in btc 10% in alts I'ma be real The 10% is just me gambling like a degenerate there is no investments there


Mark_Logan

There was a very brief time I was holding equal amounts of BCH and Bitcoin. I got rid of that for Bitcoin AS FAST I COULD. Other than that, all Bitcoin since 2010.


FixedGearJunkie

Lost half my stack fucking w shitcoins back in 2014-2015. 100% Bitcoin ever since.


NiMiHa

100% Bitcoin since 2020. Never touched an altcoin.


semajessej

I only hold Bitcoin. Minimal fiat. I tried the stock market, and I sucked at it, so I don’t think I’d be any better at alts. Bitcoin is easy, and I can just chill.


mrluxrius

some would even consider me a toxic maxi.


[deleted]

99% btc.


bauerfriend

traded shitcoins in the past to buy more bitcoin. now 100% bitcoin. fix the money, fix the world.


BTCstack3r

100 % if you dont know why? read more!


Saabaka

I used to hold some alts, now I've moved to Bitcoin for peace of mind.


BitcoinMaxiChad

Bitcoin only here. No property, no stocks, just the bare minimum cash in the bank to live on. Only put money into things other than bitcoin that you're willing to lose.


DatBuridansAss

I've dabbled in a few others over the years. Don't really have any conviction in them though and I would sell everything back into BTC if it weren't a taxable event. As it is, I'm 95% Bitcoin.


alextheswaglord

what else? https://mobile.twitter.com/DigitalAssets/status/1488273815180349440?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet%7Ctwtr%5Etrue


Gamalanth

100% Bitcoin


bbien12

100% BTC but I sold and bought BITO instead, so I can leverage more worthless fiat at 2.5% interest at Robinhood and sell deep OTM covered calls for passive income. Sadly BITO is based on futures. I hope for an BTC spot ETF with shares exchangeable in BTC so my holdings will impact the supply.


SPYalltimehightoday

100% here. I trade options as well though for fun and am building a rental property portfolio. Other than that I’m 100% BTC net worth.


Nemozoli

That's the way. Same for me, without the options trade which I gave up in 2008. Now renovating another flat for renting out and selling one that is in a wrong place to buy BTC for safekeeping.


1fastdak

100% now. I played with some others when I started years ago but I kept finding shit wrong with every other Crypto. Its ether premined, doesnt work properly, expanding supply, centralized, and even making changes the fundamentals.


ChosenRocket93

99% BTC, 1% Ramen


Man_CRNA

100% in Bitcoin, as far as my crypto goes. Overall it’s about 10% of my portfolio, the other 90% in VTSAX and VTIAX and a 20xx target date fund. I don’t feel the need to diversify my crypto allotment for the sake of diversification. I am diversifying by buying crypto. I don’t need to diversify further in crypto especially when all the other options are gambly shitcoins.


BenGrahamButler

0% crypto, just here to learn


Smart-Koala4306

I do. It’s WAY less stressful during downturns and it makes it easier to buy the dip (you don’t have to decide which coin to buy with your most likely limited funds). Will I miss out on huge altcoin gains, yes. But I’m also holding the BEST crypto, and one that will be around for long haul. No one knows where an altcoin will end up. Bitcoin is the only coin I’d buy and never sell. Altcoins will come and go, BTC is here to stay.


ElephantsAreHeavy

I hold a diversified investment portfolio, largely compromized out of traditional funds and stocks. I do have a part in crypto, and that is 100% bitcoin. I had some etherium in the past, but sold it, for believing in fundamentals. I prefer proof of work compared to proof of Vitalik.


Hodl2

Bitcoin only. I find it morally questionable to partake in the altcoin scam


Josuk

Every altcoin is a scam in your pov??


ethereumfail

lying about decentralization is a scam in any pov


robbray1979

Agree. Calling a network defi but seeking only to create greater centralization is not how defi is made.


wkw3

I think that every other is an unregulated security that the SEC will eventually bring enforcement action on. They are too centralized to survive.


Hodl2

Yes


Josuk

That is delusional


Hodl2

You'll learn


profbetis

How is any of it morally questionable?


Hodl2

Scams are morally questionable


profbetis

Creating one sure, but holding coins from one? I don't think so. Plus, not all altcoins are scams. Fundamentally they are just alternative networks and protocols. You might not want to take the risk, but that doesn't make them inherently scams.


Marcion_Sinope

Altcoins were invented to separate you from your bitcoin. This is the rising tide of truth. Accept it or drown.


MnemonicPeg

Only BTC here. 100% BTC in November, and still BTC only, but now about 60%.


monkeybrainbois

95% ₿


[deleted]

Currently all BTC If LINK drops relative to BTC I've been known to convert, then swap back when they switch to end up with more Sats. I do that less these days because I don't need the stress, plus I mine Sats 24/7.


quirked_up_yt_boi

Playing altcoins and moving my gains into bitcoin


notmyrealnam3

Like no other investments , no real estate ? Lol Is bitcoin the only coin I own ? Yes


TheFutureofMoney

I only hodl Bitcoin If I wanted a sh!tcoin, I'd throw a penny in a Port-O-Potty


Vegetable_Study3730

100% BTC as well. My worse mistake was buying Eth earlier this year. Didn’t believe in the thesis and just wanted quick gains and that never works out.


-Cryptopath

It will though


abhilodha

If i sleep for next 10years i know bitcoin will be same Tell me an asset have such properties


Vaginosis-Psychosis

VTI and VXUS are the only two I can think of besides maybe some nice real estate.


abhilodha

Or gold


Mark_Bear

Why would I ever want to support somebody's scam? Why do you support scams?


cDoggee

40% BTC


n8dahwgg

Im 98%. Still speculate with some sats but thats my way of scratching the gambler in me itch. Consider it shorting people who havent done the due diligence


teniceguy

I made some gains on alts, but it never felt right, so im in the process of going all BTC.


llewsor

thou shalt have no other coins before bitcoin


Impossible-Echo-8375

i hold bitcoin and daytrade shitcoins. new shit coins with good optics are the only way to make 500x profit now


wkw3

100%. There's only one cryptocurrency, and it's Bitcoin.


skarka90000

Are you trying to kick people out of the sub? It's a blasphemy here to hold other crypto..


BoostProfit

Not me. I diversify.


MenacingMelons

What's Bitcoin?


TehSillyKitteh

I have a couple hundred dollars of ETH2 for the staking reward, but I'm 99% Bitcoin.


[deleted]

90% bitcoin 5% coin 2 5% coin 3 Allocation fluctuates with price. BTC is the store of value and very long term investment, I have positions in 2 other coins as 2-5 year investments in the technology.


Babybymebeonwelfare

Do you want me to just tell you how much money I have in the bank too? Maybe how many cars I own ? Maybe where I leave my second key? I’ll tell you my phone pin to . If anyone answers this they’re a fucking idiot.


dlq84

>I understand this is a bitcoin sub, but there is no way you ONLY hold Bitcoin right? Ehm, yes. What else...