JayJuanGee
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How much alt coin diversification is needed? 0%?


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March 25, 2019, 08:49:22 AM

Everything will be under control when we have some bitcoins. Cheesy

Don't "we" already have "some bitcoins"?  Arguably enough for UP?

In other words, "we" have been in these sub $6k prices for nearly 4.5 months, and maybe "we" will be here for a few more months.....?  Gosh, as I type, I consider that "we" could be in sub-$6k territories for more than another year... but surely better to go up... even though it seems that "we" should still have enough time to buy a bit more coins, in case "we" feel that we don't have enough.

I guess that my punchline of this post, is that buying BTC under $6k remains a pretty decent value... even while I cannot really se any reason to rush purchases, yet... I suppose baby FOMO won't kick in until about the supra $10k area, and higher level FOMOs will kick in at $17,500 and $23k-ish?
Its just for the people who said everything is problem in their life.

Honestly I don't have much bitcoin under my wallet,I did sold them in 2017 for the good profits after that lot of issues here as well but now again starts to buy the bitcoins and hopefully I will buy enough before the prices shoot up.


O.k.  Seems like you may have done decently well then because there can be a lot of issues figuring out when exactly to sell and how much.  I personally have a philosophy of selling only a small fraction of my coin, just for a kind of volatility insurance, so I don't really try to guess about the extent to which BTC prices might be in a bubble or not.  I like my system, so I am not sure about any plan to change my approach.

I would actually have been more nervous if I would have sold a larger portion of my stash, then at various price points I would not have been sure about when to buy back and probably felt more stress at each of the levels that I bought back more than I should have, and then the BTC price drops more.. but yeah, in the end, if you are able to sell some near the top and then buy near the bottom, you surely don't have to get those numbers exactly right in order to profit from the BIG BTC price moves.