Don't listen to maxis, and don't put your money into bitcoin. when i started in early 2017 i could only afford to buy 2 bitcoins. but after a month i saw there was more opportunity in the market and got bored of bitcoin. after only doing about 13 trades the last 3 years my portfolio is now worth 107 bitcoin ($1,280,000). if i just had hold bitcoin that would have been only $24k. even if another crash happens and my altcoins loose 50% in sats, i still have made way more trading alts. and its not like i'm some super smart day trader. i just look on biz for good coins and then buy when they have a nice crash, and sell when they have gone up too much.
Don't listen to maxis, and don't put your money into bitcoin...
Tyler Reed
Caleb Hughes
No one is saying go full maxi
But don't act like late 2017 didn't absolutely destroy your portfolio
Your argument is hollow in any case. If you had sold into BTC at approximate times you would have far more than 107
Leo Jenkins
btc is currently 58% dominance. this is relatively high. in 2017 and 2018 it went down to 30%. this market cycle i expect it to go even lower. since there has been so much progress in other projects. and bitcoin hasn't changed much since 2017. also it takes way more money to make bitcoin do 2x than something like ADA, BNB or EOS which have a marketcap that is 60 times smaller.
Andrew Morris
even if i sold all the tops and bought the absolute bottoms i would have only 15x the amount of btc i have (which would be only 30btc). and this is selling the absolute top and buying the absolute bottoms. maybe if you're a really good day trader and use margin and are trading almost everyday you can make nice gains with btc. but for most people i suggest to find a good project that is undervalued, get in cheap, and wait for adoption, and then sell.
Chase Barnes
and the late 2017 statement is untrue. from oct to dec i was in some shitcoin called elixer( now dead project) which i bought around $0.10 it then went up to $2, i sold in the crash around $1.5. so still a 15x and then went all in on ETH at 5 jan. which i sold in may for a 20% loss. if i had hold btc from oct to may i only hade made a 2x instead of a 12x
Andrew Allen
survivor bias the post
Alexander Evans
first of all i'm almost sure you are larping but you are at least aware that 99.9% of those that attempted what you describe lost everything right?
Parker Diaz
there are so many coins that did way better than bitcoin. for example even high marketcap ones like eth, xrp and ltc did better than bitcoin if you bought early 2017. yeah ofcourse a lot of people got reked by buying alts that already went 100x in dec and jan and now are down 80%. but if you kinda pay attention you can make so much money with alts
Angel Robinson
i can assure you im not larping. it gets even better though because after i took my eth loss i went almost all in on LINK at $0.35 and haven't sold since(i did a 46X). this week i made it above a million. started with 2k in 2017
Adam Myers
just listen to /biz. all the coins i went into where heavily shilled on /biz.