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>>30081927sell signal
>>30081927it's not like it's different here portfolio threads here are full of 3 digit - 4 digit poorfags
>>300820723 digit in the best bvll market, they should be gassed
> mfw I only have 0.025 BTC Am a a redditor?
>>30082072this - why is that? I don't remember seeing such level of poorfolio
>>30082072You called?
>>30082201Ok first thought based, second thought holy based
>>30082201>he only has $3k>he fell for the jewish diversification psyoplmao rich people diversify because they have $1,000,000+
Is it better to buy bitcoins or to buy BTC stock
>>30082201bro you are holding legit shitcoins
>tfw my broken old phone's bitcoins are worth £5000 nowStupid Galaxy A3 why did I drop you in the toilet
>>30082481btc stock is for niggers
>>300820724 figure poorfag reporting in, what do I win?
>>30081927>the absolute stateI found .03 BTC on an old ledger that I thought was empty. It made my day.
>>30082177>less than B21>less than B2.1>less than B0.21>red ID>kek leaves nUt on his chin>ledditspacingat least you got dubs
>>30082709just use the recovery seed retard
>>30082481I prefer BTC bonds
>>30082072true but we dont celebrate itwe know where we're at
>>30082415that doesn't make any sense anon. Rich people diversify because either A) they are smart or B) their money is managed by smart people. Putting all your life savings into a single coin isn't smart, it's gambling
>tasty>spicy>ape>yikes>wew lots to unpack hereIf any one of these is in your vernacular, kill yourself.
Clown market.
>>30082415Diversification works if you have good instincts/info that a particular project will 5-10x in the future.
>>30081927atleast they are smart enough to accumulate btc, pajeets and retards are throwing their candy money to scams in here.
>>30083690If you know that a project is going to do that, why would you even bother diversifying into other ones? Diversifying is to protect your portfolio, not to make it.
>>30083648What if it's ironic?
>>30082481crypto mining companies at least it's tied to an actual company and not just meme numbers, RIOT has crazy swings but it's the only thing I buy. Imagine buying the actual bitcoin.
>>30082854A true gentle chad, cheers to you
Kek it’s fun making fun of poor people
>>30083690Read what you just wrote again, slowly, and tell me again why diversification is a good thing. Holy fucking shit is everyone here this retarded?
>>30082072I'm barely in 5 figs lol
>>30082201Cro and bat good holds.
>>30083619no its not gambling. There is no way to keep track of 15 coins without this becoming a full-time job. Much better to just 90% btc, and 10% an alt you follow closely than shotgunning at the coingekko home page. Add to that, that all these coins are correlated anyway so you aren't actually reducing beta. Diversification is a meme because you guarantee you won't make it.
>>30083909>is everyone here this retarded?no they are more retarded than that.
>>30081927Reddit also got the RKT call right. Meanwhile biz is overrun by pajeet scammers. I miss the old biz.
>>30082759>>30082201Are either of you fags actually outperforming bitcoin YTD? I don't understand why poorfolios are always full of random shitcoins
>>30082201xlm is based
>>30082415Diversification works at every portfolio size.
>>30082033yup, this. even the shoeshine boys are going all in with their penny-wages
>>30085127Yeah it works to kneecap excess returns. And even then diversifying into alts is just buying bitcoin by proxy with less liquidity since they're all highly correlated to bitcoin.
>buying BTC when LINK is soon to make it obselete
>>30083837>Imagine buying the actual bitcoin.I bought the actual coin
>>30082201>algo ngmi
>>30085127is "working" definitionally the same as "diluting"there is no way a normal person can follow the githubs, twitters, press releases, on-chain data and fundamentals of 5+ coins. its not going to happen and these people will lose money. 10% of your portfolio going to $0 from rugpulls ruins your gains. especially if you are rebalancing and cost averaging down during the price drop
>>30081927why are so many faggots in here obsessed with Reddit? live your own life.
>>30081927Isn't 0.01 btc like $400?No fucking wonder they complain about gas fees being unbearable.
>0.01BTCkek. Fucking poors.
>>30085563>No fucking wonder they complain about gas fees being unbearable.AHAHAHA, gas fees, what a joke. I hope they go to $1500 and essentially burn all these small wallets. Deflationary pressure is good.
>>30082201solid poorfag foliocongrats anon
>>30085408>there is no way a normal person can follow the githubs, twitters, press releases, on-chain data and fundamentals of 5+ coinsjust hold you fucking retard. DCA and hold makes more than 90%+ of swingers for zero effort. If you did any research you shouldn't be buying a fucking rugpull.
>>30082201put everything into XLM retard
>>30085762>>there is no way a normal person can follow the githubs, twitters, press releases, on-chain data and fundamentals of 5+ coinsNigger, I just invest in the coins with the funniest memes.
>>30085408>there is no way a normal person can follow the githubs, twitters, press releases, on-chain data and fundamentals of 5+ coinsWhy the fuck not? Just open all the related news every morning and go through them. I have like 15 news searches set up and I do them every morning, I know what's happening to all my shit
>>30081927
>>30082201not a single good coin in this one
ayo my lil efferium be doin sum
>>30085762>hold a rugpull and keep DCA'ing into ghost chainssounds like a great plan you got there. Yeah totally, everyone should have at least 20 coins in their portfolio. The honest advice we should give 3 and 4 figure portfolios is just buy btc and ETH, and DCA with every wagecheck. That's not a good plan with alts though. You will bleed sats.
>>30085859did you not see Algo? chink
>>30085803pumpamentals. solid strategy.
>>30085965algo is a piece of shit tranny coin. back to plebbit you go retard
>>30082201Hello fellow 2k poorfag
>>30081927Is this some kind of joke? Who fucking brags about having $500 in Bitcorn? Congratulations on not blowing it on a PS5 you absolute bugman
>>30085936Alt-coins as a whole outperform BTC you fucking moron...
>>30082734cope
>>30082709don't worry I lost 1.5 bit coins that way
>>30085102Yes. Both nu and grt did more from january to february than btc would have got you for the same investment value.
>>30085408it really does take a lot of effort and time to research crypto opportunities, its a full time job in itself.
>>30082072I started with about $300 worth of btc in December, bought $130 worth of GRT which turned out to be a great move. Be honest bros, do you think I can make it to 5 figure hell with this poorfolio somehow?
>>30081927Know whats sad anons? I actually remember getting .1 btc rewards all the time from an old online roulette game that actually GAVE you .01 btc just to sign up and play. It's how I acoomoolated back in the day without even realizing how far btc would go. When it shot up to 1k obviously the roulette site was long gone but man do I wish I hadn't cashed out in that first run.
>>30083909>>30084210>>30083779There are ways you can know if a particular coin will pump in the future, but I will not share my secrets because you are mean/homosexual.
>>30086082then just invest in an altcoin ETF. No reason to passively manage 20 coins. how many alts have fallen from top 100 market cap in last 3 years? A fucking lot. How many ghost chains? Even fucking more. Its just not good advice for people with less than mid 5 figures. Not even considering the gas tax to enter and exit these smaller positions.
>>30081927wtf? 0.01 is like 500 dollars
>>30086256I remember getting .01 and .001 from the bitcoin faucets back in 2012/2013, kek
Lmao poorfags are so funny hahahahha
>>30081927he bought at the top lmao. as a newfag though it was pretty nice to watch my poorfag folio hit .4 btc
>>30086030nice try pajeet, scam harder
>>30086273>how many alts have fallen from top 100 market cap in last 3 years? A fucking lot. How many ghost chains? Even fucking more.That is exactly why you diversify you fucking midwit. Even with all this in mind, altcoins STILL outperform BTC as a whole. Now of course you shouldn't have tons of coins if gas fees are fucking you over, but most low-mid caps can be found on centralized exchanges where fees are percentage based so it literally doesn't fucking matter how many holdings you have.
>>30081927>r/bitcoinbeginners
>>30082072sup nigger you got something to say about my stack?
>>30085102Are you retarded? Shit coins 2x in a week all the time. How often does bitcoin do that?
>>30084154This. You should have picked this up after your first hour of looking at charts. The candles always look like bitcoins, it's all the same shit.
>>30085859CRO is gonna moon long term
>>30086382>altcoins STILL outperform BTC as a wholeSo investing in every single altcoin one year ago, and prefectly staking etc. everyone of them...you would've outperformed btc by 5%. 5% isn't going to matter to a 5 figure portfolio. But the fact is someone with $5k in crypto is unable to buy enough coins to do this, and they don't have enough time to manage it, and if they bought every coin in top 100 in 2019, they wouldve bled stats as new coins overtook old coins. You are an ideologue, and thats okay. Its just bad advice for poorfags.
Any tips for a poorfag in a 3rd world country? I can only drop $200 per month on crypto, what to do?
>>30082201Trade it all for eRSDL. No thanks necessary
>>30086674Yes, a literal random sample of alt-coins beats out BTC, that is exactly my point you moron. Even if you buy into completely random garbage, you will STILL outperform BTC. There is nothing to fucking manage, either invest in long-term holds or take profits once alt-season is over. Buying alt-coins doesn't necessarily mean you are buying them all on uniswap paying out the ass on gas fees. The reason I went all-in on altcoins this year is because I kept a list of all the projects I would have invested into in mid 2019, and with the exception of one of the five, they are all up anywhere from 5-25x. I lost out big-time by just holding BTC/ETH/LINK. This is especially true in the crypto space because many low-mid caps are on few major exchanges and moon (regardless of fundamentals) once they are listed on new exchanges.
>>30082072the poor fag portfolios are always half a dozen meme coins. they are poor for a reason
>>30082072yeah, but reddit a normie hangout.
>>30087020this, I'm thinking of felling 0.5 BTC and buying promising alts instead. even if BTC reaches $100k it's only a x2, not hard to match with a good alt
>>30082072How do I get out of 3 figure hell, fampai?
>>30087020yes because you are immersed in it. You are following and finding the gems. I am to0 man. I'm 20%+ alts in my portfolio. But let's say you have $5000 in crypto, a takehome pay of under $30k and spend less than an hour a day doing this and maybe you are kind of stupid or prone to be emotional....you are going to get rekt. That's why its better these people just DCA into the big boys and forget the noise. Alts, as a whole, do not 25X btc or ETH. Certain alts do, given correct entries and exits... Poorfags have already proven they are shit decision-makers, why recommend they make decisions? Just tell them to buy BTC and forget about it for 5 years.
>>30082201Hello fellow poorfrenWhat are your goals for this cycle? Planning to invest anymore money?
>>30087291100k is fud
>>30087020Omg you're back? Mr intellectually disabled
>>30082201Truly awful portfolio, wow
>>30087390Started a little more than a month ago btw but a lot of my money flow was fucked from some of it being tied up in unemployment at the time (COVID). I funneled it all + taxes in.Yes I totally fucked up and didn't buy a lot of dips because I didn't wait and being a newfag.Yes I'm dropping my stimmy on more HBARAm I gonna make it to 5 figures this year anons?
>>30087345You can do the research to find good alts in just a few days or you could literally just copy a random whale and probably outperform BTC. Again, even a completely RANDOM sample of alt-coins will on average outperform BTC (even moreso if you sell at the end of alt-season)>>30087291Good on you, just make sure you do research and buy into legitimate long-term projects rather than meme/food/animal tokens.
Started with $40 in January. Am I gonna make it?
>>30082201Xlm is decent but everything else is shit and id be frightened to have 2k tied up in one.
>>30087291>If>100kKys
>>30087549Even a literal 100x won't even be close to making it.. what is the point. You would need to DCA in much more to ever be able to make it.
>>30083648People who repeat memes and idioms in general are the same who people repeat slogans. Words are correct because other people say them. Truth comes from authority or consensus.
>>30087661I don't have much money, so my goals are set a lot lower than yours. With a 100x I could chase my dreams, reinvest and live well for a while.
>>30087537So a person unable to amass more than $10,000 in their life savings should be doing research for days? No, they should be job hunting to increase their income, and cutting expenses on top of that. They can not afford to lose 50% of their life savings. They will panic sell the bottom. Because that sort of short-term thinking is exactly why they have no money in the first place. You are essentially telling people to buy air jordans when they are broke because they will increase in value if they do everything right.....but they have proven they won't do everything right. You are creating tragedies with your advice because you want to justify selling btc @$8k instead of $55k. And thats okay, I have no problem with you doing that. Its just shit advice.
>>30087661>>30087549Wait, total math fail. Even a 1000x (ONE THOUSAND TIMES) wouldn't be close to making it. You would essentially need a 10,000x (1,00,000% RoI) to make it. Even just one year of working would allow you to invest 20-50x your current portfolio.
>>30082072I bought 600 ozt of silver and 5 ozt gold. This is all I have left and I’m keeping it forever.
>>30086030Remember when you fucking morons were saying not to buy Cardano at <20 cents because it was a "trannycoin"? I don't fucking like trannies any more than you do, but basing your financial decisions around that childish bullshit is possibly the most room-temp IQ shit you can do.
>>30087304Get a job
>>30087876I don't have a job, and my education is not good enough to get a proper job. I've made mistakes in my life. I'm just hoping for a 10x EOY.
>>30087874What part of A LITERAL RANDOM SAMPLE OF ALT-COINS WILL OUTPERFORM BTC do you not understand? The research is only to edge out the average by spending some time to buy undervalued projects with good fundamentals. You diversify for the exact reason to NOT lose 50% of your investment. This idea that you should only have 1-2 holdings is how you actually DO lose a massive chunk of your portfolio because you are basically gambling on your holding to perform and are fucked if it doesn't. Of course, choosing something like BTC is safer than choosing one random alt-coin but a) people aren't saying this, they are just saying to have a low number of holdings and b) it will average lower returns than alt-coins. The issue is not with what you are holding in most cases, it's a) not being diversified enough to reduce variance and risk b) trying to time the market/swinging and c) panic selling. I am just against this idea that "larger portfolio = diversify while smaller portfolio = yolo gamble" because it's an unhealthy degenerate mindset, and the only reason why diversification would be worse for a smaller portfolio is if you are paying out the ass on gas fees (and most low-mid altcoins are on CEX where fees are percentage based).I am not going to respond to anything further because you fundamentally don't understand what I am saying and we are just going in circles. I am not giving financial advice to anyone or telling anyone what they should do; I am simply clarifying what diversification of a portfolio is and why it is time-tested and works.
>>30082186There were plenty of poorfolios in 2017. I went from 4k-22k last bullrun. Crash happened put everything in LINK and scaled into link $50 a week for a year and half before the Coinbase listing... now I'm a millionaire.
>>30088038cardano is a joke mate. I guess you're just not in on it.
>>30088248You can make more than $40 by selling your ass on the street corner dude. Find any job, even waging at food stores or janitors.
>>30088333https://cointelegraph.com/news/does-correlation-between-bitcoin-price-and-altcoins-mean-buy-the-dips60% correlation means you aren't reducing risk but hiding it. You diversify to protect your assets. And alt coins are not the diversification required, would be better to buy index funds, and maybe some REITs to lock in your gains.Your refusal to engage with the ideas presented means you know, in the back of your mind, buying 4 random altcoins is shit advice for someone with $5000 to their name.
>>30082072I lost over 10k on /biz/raeli pump and dumps by falling for the HODL meme, so I'm in the 4 digit club now. RBC, ASKO, REEF, BOTS, SALE, some other shit. JUST HODL IT'S GOING TO MOON 100X, the only place those garbage shitcoins went is straight into the garbage bin.
>>30088915would you call the positions that burned you "a random sample of altcoins"? is that a fair characterization?
>>30088994More like /biz/ flavor of the week
>>30088915you only hold for as long as necessary to hit a 5-10x depending on how early you were buying and then dump
>>30088740All the correlation shows is that on a very macro level that when the market is up, alts are up and vice versa. Diversifying across alt-coins is essentially creating a crypto index fund, which is more risky but has substantially higher returns on average than a stock index fund. If you do your own research, you can potentially even get much higher returns, but even at the most basic level (fully randomized selection), you are beating BTC on average. If I lost my entire portfolio and only had 5k to my name, then yes I would put that all-in altcoins. If I hadn't done any research, I would do brief research or choose 10 random alt-coins that are on a CEX with percentage based fees. Of course you should always DYOR and not invest what you can't afford to lose, I just want to clarify this misinformation regarding diversification.
>>30088333nice repeating digits but I can see that you're upset.I actually agree with you, even with my $4K poorfolio I have been out performing BTC by diversifying into shit coins.Gotta do what the opposite of what /biz/ says
>>30085102>literal retard who has never looked at cmc/coingeckokeep living in delusion, ur getting the best gains!
>>30089091I didn't catch the bottom of any of them. Then again, I didn't buy the top of any of them but I held to the bottom. I've learned my listen, swingies always win
>>30089115>Diversifying across alt-coins is essentially creating a crypto index fundthen why not actually buy a crypto index fund? I'm not opposed to that at all. Because that at least will be actively managed.>If you do your own researchwhy should we tell people who have made poor life decisions to research? Its not what they can or should do. Just buy the king, btc, and leave it alone or DCA into a mutual fund for 30 years. Thats actually possible for them. You think everyone is like you, and they aren't.
>>30082201Based
>>30082072us 5 digit fags ridin' high
>>30089404>DCA into a mutual fund for 30 yearsretard advice
>>30089541not for retards it isn't. $100/month for 35 years @7% a year and they get a $400k nest egg and dont die in poverty and maybe your kid gets something. Not everyone is capable, idiots exist among us.
>>30089404Most actively managed funds do worse than the market and have higher fees. I have not seen a mid-cap crypto index fund aside from on FTX which doesn't allow US customers. Also I do like the security and privacy of holding my own funds instead of trusting a third party. Research is ideal, but again even WITHOUT research, alt-coins RANDOMLY CHOSEN will still outperform BTC on average.
Don't really care. People who count figures are lame anyway. What's more important is mass adoption of crypto. Every Satoshi counts.
>>30081927At least he has BTC, those random poor folios always have some random shot coins that will go to 0 eventually, making sure they will never reach 4 or 5 figues
>>30089637>alt-coins RANDOMLY CHOSENso these guys will be pulling a list of top 500 altcoins, then pulling last random number from MNIST and creating a pure random basket rebalancing based on marketcap every day/week/month/quarter??? not a fucking chance. they will ape into shilled coins like this dude and lose. >>30088915I'm not saying alt coins dont perform better than btc. I'm saying that people with $5000 have proven they are not capable of handling it and their crypto journey will end in tears.
>>30086226Holy shit dude, pick a single fucking coin and sink that pocket change in to it. Yes I’m calling 1k pocket change. You do not diversify with that little capital.
>>30082072If you haven’t managed to add a digit or 2 in the past month or so you’ve been doing it wrong
>>30089803You don't need to do it every quarter, not sure why you think that.But if someone is so braindead that they would interpret anything said so far as meaning to ape all their money to fomo into a meme/animal/food scam token with zero fundamentals, then yes they would be better off buying BTC lol.
>>30089637>alt-coins RANDOMLY CHOSEN will still outperform BTC on averageWhat do you base that on? It hasn't been true in the past. This year has been great for alts and according to the guy above your random fund is likely to have around the same returns as bitcoin. That's only over this year though. Altcoin indexes exist, they're shit.
>>30081927>i love buying fractions of a coin that moves 4% instead of putting that money into coins that go 10-20%gas reddit
>>30089946lol you know they will! so we agree. glad we worked that out. /biz/ is a great time with great people.
>>30083662these are gold
>>30089954Across the past few years, and again that is all alt-coins without doing any research. I think it has been true since around 2017 or so and as the space grows, I think we will see it becoming even more true.
>>30081927I mean it's better than 0 >>30082201>poor fag>shit coin memefolio checks out >>30082481Invesco 3x leveraged bitcoin etf bull shares
>>30090121yes, its a female poc
>>30089876I get what you're saying, but one thing I would point out is that if I had done that I would have about $1000 less right now.
>>30089961why do you want redditors to succeed?
>>30081927I have 5 billion!!!In satoshi
>>30081927lmao
>>30090128>Across the past few yearsNope. I guess depending on what parameters you use but not by randomly choosing alts and holding them long term.>that is all alt-coins without doing any researchThat's what random means. What you call "research" doesn't help long term either, almost all alts are basically scams with no long term future even when the devs think they have honest intentions.
>>30090632I am talking about alts as a whole. If the entire alt market as a whole is outperforming BTC then a random sampling of alt-coins will outperform BTC on average too. >almost all alts are basically scams with no long term future even when the devs think they have honest intentions.lol ok buddy, you can think that.
>>30090258
>>30090756The only difference is: When BTC drops 80%, it always comes back after a few years. Many shitcoins never recover. More reward = more risk.
>>30090632>almost all alts are basically scams with no long term future even when the devs think they have honest intentions.holo is #100 in market cap with 58 million. there are over 5000 coins. scam, rugpull, key-man and ghost chain may as well be the same thing. Intentions don't pump the cap.
>>30090844There are loads of alt-coins from the previous cycle seeing a resurgence. When you are diversified, the minutia of individual holds is less important.
>>30081927frens what do we do when biz is shutdown? I don't want to go there
>>30081927>yfw you realize when btc is $1 million people are going to struggle to scrape together .00021 btc.
>>30090850>480 million my bad typing too fast
>>30090756>If the entire alt market as a whole is outperforming BTC Which it isn't over longer periods. If you choose a random sample of altcoins now and trace back their price you get a different picture than if you actually bought random altcoins 2 years ago. Many of the tokens you would have bought aren't even listed anymore and wouldn't be on any list you use to randomly sample from today.>then a random sampling of alt-coins will outperform BTC on average too.Exactly and if you actually analyzed the data instead of looking for the conclusion you already decided you want you would find that all altcoin indexes are shit.
>>30083662omg so black are allowed to crypto too
>>30090975IRC and usenet unironically
>>30090932>>30090932Say that to Skycoin bagholders. The vast majority doesn't recover. Survivor-ship bias.
>>30083662lil bitcoin stock
>>30091015All of the alt-coins I listed as wanting to buy in mid 2019 are anywhere from 5-25x with the exception of one. I'm talking about low-mid cap legitimate projects, not animal/food/meme shit tokens, lol. Also, the altcoin indexes are outperforming BTC for years as stated. You have absolutely no idea what you're talking about lol.
>>30082139i got into crypto a month ago leave me alone
>>30091169>All of the alt-coins I listed as wanting to buy in mid 2019not a random sample
>>30091063Yes, one example out of hundreds, you sure showed me. You diversify for this exact reason.
>>30091222A randomized sample still outperforms BTC though, which is my point. I can't tell if you are just baiting a reaction or are actually just stupid lol.
>>30090756>If the entire alt market as a whole is outperforming BTC then a random sampling of alt-coins will outperform BTC on average too.No. Think about it. There could be just one alt coin doing a massive moon while the rest crash and burn, if this one coin made the whole alt market outperform BTC it is easy to see why a random sampling usually wouldn't (except when it randomly included the good alt)
>>30082072anyone who isn't in 6 figures absolute minimum at the moment because they didnt buy any chainlink before 2020 is newfag / redditor tier garbage and they don't even really count as people, let alone biz users
>>30091223if that was in your "random sample" of 10 coins you lost 10% of net worth. Poorfolios should be 100% btc and ETH until 5 figures at least
>>30082201>all in on the shittiest of all shitcoins>bat: they give it away for FREE>Algoland: more like soýgoland>xlm: Muh xrp 2.0>cro: the only good pickanon I...
>>30091300bingo.
>>30091300There are tons of of alt-coins that moon every cycle, some more than others. >>30091338A single 10x offsets 9 others that go to literal zero (which rarely ever happens). Diversification of your portfolio is good at any size. I regret not diversifying earlier and instead just holding BTC/ETH/LINK.
>>30091271>A randomized sample still outperforms BTC thoughIt doesn't. That's what alt indexes are and none of them do. You haven't defined any of your parameters but still think you're saying something which just means you're retarded.If you choose "a random sample" of altcoins today and traced the price back you would get a different result than any alt index including non-random carefully picked ones. What parameters are you talking about when you say a "random sample"? Which random sample? None of the actual indexes made of random samples over the years.
>>30091662I am talking about the entire alt-market as a whole over time from 2017-2021, which outperformed BTC, and I believe it will continue to outperform BTC as the industry grows. If the entire altcoin market outperforms BTC, then a randomized sample will also outperform BTC on average, with the variance being reduced as you diversify (which is why diversification is good for all portfolio sizes). You just fundamentally don't understand and are just outright wrong.
>>30091481And I dont regret dropping another $15k into btc last march. Or putting 95% of my stock portfolio into oil. Its all risk and return. btc and eth have the lowest risk, and losing even $500 can be a disaster if you are a poor fag. I could lose 80% of my networth and my life style wouldnt change. If I had $5k and was down 50%....maybe I couldn't fix my car, or pay a medical bill and my life would fall apart. Not everyone is like you, some people are way better off with slightly lower returns for way way less risk.
>>30091217you should get a job if 3 digits is all you have to show after a month. Are you like 11years old or something?
>>30091802>I am talking about the entire alt-market as a whole over time from 2017-2021, which outperformed BTCthis isn't a random sample. The winners drive the dominance metric. You need to pick the winners.
>>30091223>one exampleAmbrosus.Filecoin.Bancor.Fucking Litecoin.0xBitcoin.Ethereum Classic.All of these were shilled here at some point.All below ATH and performing like shit.SURVIVORSHIPBIASRetard.
Oh no no no Bitcoin will crash to 10k
>>30091802>the entire alt-market as a wholeBased on what data?>If the entire altcoin market outperforms BTC, then a randomized sample will also outperform BTC on averageWhich is why I'm saying all the randomly sampled alt indexes don't support your claim. What verifiable data does? What do you base your claim on? How did you reach your conclusion?
>>30088038ok tranny
>>30091993>>30091223Not to mention FUCKING XRP
>>30083648Nothing wrong with ape. Nigs are just little apes
>>30091902>>30091993>>30092068Again, you literally do not understand what I am saying because you are low IQ. It's just that simple. You could give me a hundred examples, a thousand examples and it wouldn't make a difference because I am talking about the market as a whole. In your brainlet mind, you see an image like this and actually think this means BTC outperforms alts. You also actually think that 50% of your portfolio being one arbitrary deviation above and 50% being one arbitrary deviation below means you only performed only broke even with BTC, which is again wrong.
>>30092217dunning kruger in action today.you don't own btc. WE GET IT! buying random alts is still shit advice for someone with $5000
>>30089435
80% BTC 20% GBTCFeel free to hold real and paper gold and silver as a hedge, too
>>30092369Doesn't make a difference your baseline.
>>30092369If all you have is 5k then dont buy bitcoin.T. someone who only has 5k, lives off welfare and lives with parents.
>>30092432it does when the cost to repair your car or take a flight to go to a funeral or hospital bed is a larger percentage of your savings. You unironically want less risk with stacks that small.
>>30092217So the source is the image? Like I already predicted you're talking about taking top 2000 surviving tokens and playing the price back, ignoring all the dead ones you would have actually bought if you followed the strategy.
>>30092555You can literally see dead coins on the chart you fucking imbecile.
>>30092540I don't see diversified alt-coins as being any more risky than BTC but you shouldn't be investing with money you can't lose anyways.
>>30092540Seriously 100-200$ or even 500$ loss is huge for someone like me and that's going to give me a huge headache when I eventually run out of welfare dollars(in 4 months) and realize I could of had 1000 more dollars if I didn't invest in bitcoin 4 months ago.
>>30082201>Diversifying when you hold less than 20kNGMI
>>30083922Are you me?
>>30092600I don't.>top 2412 coinsTop what?>>30092636>I don't see diversified alt-coins as being any more risky than BTCBut you never tried it for a longer period than 2 years. If you did you wouldn't be saying these things. Way more alts die than survive.
>>30092217You think you understand statistics, but you don't. What about the poor fuck that randomly rolls into 5 coins that go to zero?
>>30081927>all the 2k diversified portfolios posted in this thread>all the garbage advice>dcaing bitcoin instead of buying altsholy fuck you guys aren't going to make it. If you haven't hit 4x in february at minimum you're underperforming
>>30092776This guy is a complete newfag. Don't bother. I've been in crypto long enough to remember shit like Flappycoin, Mooncoin, Auroracoin, Sexcoin and Fedoracoin.
>>30092776Top by marketcapI'm talking about macro trends. You are just posting completely incorrect nonsense. >>30092784>You think you understand statistics, but you don't.Says the fucking midwit who think statistics is rattling off a dozen cherrypicked examples out of thousands when the entire market as a whole shows that alt-coins consistently outperform BTC lmao.
>>30091339bat is not free retard
>>30087304Go all in on a good project. I went all in Parsiq the day I read a thread about it at 0.33 and I escaped 3 figure abyss to 4 figure suffering in one month. UNN seems like a good project for turbopoorfags like us to all in as well.
>>30092975>Top by marketcapDo you not get how that's biased data? It's not complicated and I explained it many times now. You're choosing the winners after the race.
>>30082201Lol damn brah, good luck on your future endeavors
>>30081927>have 0.01 BTC>spend 0.00001 BTC>fees are 0.1 BTC plus miner tipCucks
>>30092975Show me the data then. Also like the other anon says. You can't weigh them by market cap, because YOU ARE THE ONE CHERRYPICKING THEN. YOU NEED TO SAMPLE EVERY SINGLE COIN.
>>30093079It includes dead coins, I already said this before you fucking retard. Either look up the data and see you're wrong or continue to keep coping by lying to yourself. I really don't fucking care what you do, but you are just wasting my time at this point.
>>30082201>BATmy nigga
>>30093079Don't bother, the guy is a retard.
>>30081927redditors deserve to struggle worse
>>30093079So the actual point you made here today is that even when choosing the alt winners after the race you're still not beating BTC by much. The best heavily diversified alt index funds will barely keep up.
>>30093145They have a high market cap because they already performed. If you had done the sample 3 years ago you would have ended up with a completely different set of coins. How hard is this to understand? Jesus.
>>30093218this is exactly what was discussed and demonstrated today.
>tfw owned 0.025 BTC in 2012 and invested it all into PyraminingHow based am I?
>>30086267pls gib a clueno homo
>>30093218This anon is salty he didn't make it. Don't listen to any of his advice.Do your research, see what trends are emerging in the future and invest in alts accordingly. You'll outperform bitcoin 60x over
>>30087304Unironically skip the avocado toast
>>30081927reddit is honestly the most gay site could ever be
>>30093145>It includes dead coinsNot if it's the top 2400 in market cap today. Do you really not get it? You took the highest market cap tokens and traced their price back, only focusing on the winners to feed your fantasy and ignoring the losers to escape reality.>look it upYou already said what it is and that you base all your conclusions on a grade school tier mistake or willing delusion. It's useless data behind a paywall for newfags who need to be paid to be spoonfed and don't even have their own python spiders.
>>30086226You guys with these tiny portfolios way overthink this. With this little amount of money, you are far better off just picking a top 10-20 crypto (or 2 if you think diversification is important on such a small portfolio) and just letting it ride for a while. Yes you will eventually hit 5 figures.
>>30093188>denies market statistics>wants to be spoonfed everything>can only spout off cherryfed exampleskek, I am done here. Tired of arguing with subhumans. >>30093267>top 2400 is high market capholy fuck you are retarded. just stop, you are so stupid it hurts.
>>30093418YOU CAN LITERALLY LOOK AT THE CHART AND SEE IT INCLUDES DEAD COINS YOU FUCKING RETARD BRAINLET.
>>30093420Also as a follow up. There will always be a "hot new crypto" to chase. I have been around long enough to see new cryptos come and go. Seems like the popular ones currently are Hbar, Qnt, Grt, and maybe one or two others. There is a very good chance 6 months from now no one talks about these any more then how people talk about Eos today.
>>30093440There is over 4000 of them, retard. You are picking the top 50%, after they became that. There is no guarantee that they are going to stay there within the time-frame of a few years.
>>30093511What about top 2400 market cap don't you understand? The deadest coin is still in 2400th place of top performing alts.
>>30088038T
>>30093605>There is over 4000Even that number is very low. There were thousands of ICOs that died during 2017 alone.
You guys are fucking idiots.You’ve been pumping your cash into shitcoins for years now. I bought BTC late 2018, now look.You will probably just ignore this but I’m giving you the best advice ever. Just buy Bitcoin and hold it for a few years.The only exception is Ethereum, because that clearly has a big future.All these other shitcoins? What the fuck is their purpose? They are just one big pump and dump.Good luck
>>30093774This is the play if you have a high salary and need to focus on work.If you're a NEET with 2k you need to pick good alts to make it.
>>30093774Just hold it for a couple of years? What if you run out of money and need it badly?
>>30093774>buys 3-10k of boomercoin>30k in 10 years>I am richfuck off faggot
>>30093774what the fuck is the purpose of a coin most people cant afford to move around. your portfolio is half idiots aping in because they think its a stock
>>30093774So did I but I only have 1.55. Mad respect. What is your target? 100k, 200k, 300k, 500k?
To the anons that advise against diversifying, what would you recommend if a portfolio is $5k of btc, eth, grt, link, algo, xlm, which do you drop and what do you put it into?
>>30093940All in OMI today and you will make it.
>>30093605>>30093649I am talking about low-mid caps (around top 750 or so, although most of my portfolio is top 400), not sub $1m smallest of the micro-cap. At that point, you would need to do much more work and research although the potential for gains could be higher. I am not saying you should be buying pnd animal and meme tokens when I am talking about diversifying into alt-coins. Holy shit, you are fucking stupid if you somehow came to this conclusion. See >>30089946 I already said this ages ago.
>>30081927I think Bitcoin right now is unironically a bad investment if you can't afford to lose the money. Reputable altcoins are a better hedge for long term growth. This might seem counterintuitive but I believe Bitcoin is due for a really big correction before it goes to 100k so if you buy in now as a poorfag you'll probably halve your money for at least a couple of years before it doubles. It's just not worth it since the returns are so small, yet the loss is very great to a poorfag.Altcoins are riskier but even if the whole market crashes, you can still buy way more and if you pick good ones they will grow anyway in the mid to long term.I want to start buying BTC but I'm waiting for a better dip than this because we're still not far from the top.If you want to be conservative and not take a massive risk as a poorfag at least buy Ethereum and ADA not Buttcoin.
>>30093918>bought 15k of btc last march>now 150kfixed it for you
>>30087396Keep on repeating that faggot. It might become true.
>>30094048Nigger, BTC drags the whole market down when it crashed. How deluded are you?
>>30094048>I want to start buying BTC>buy Ethereum and ADA not Buttcointhe bait won't even stay on the line
>>30093398In 2017 I was $15k in debt from being a degenerate but with a decent job. I put $500 in, now I have more than a million and no job. I'm not saying you can do that by just holding Bitcoin but all my crypto trading was always short term to increase my sats long term. The other guy is talking about a random alt portfolio doing well over years which it doesn't.
>>30086742You can easily x2 a month with Daytrading. I only use crypto for longterm gains
>>30082201Lol retard
>>30094241>The other guy is talking about a random alt portfolio doing well over years which it doesn't.It literally outperforms BTC you fucking retard
>>30094291>It literally outperforms BTC you fucking retardNot according to the data you posted yourself in the thread.
>>30094084>buy right after crash>benefit from strong recoveryyou could have bought any boomer stock in march and be up 500% today.
>>30093574do you think GRT is overbought?
>>30094397But Bitcoin is up 1000%, you mong. The only thing that performs as nice is TSLA.
>>30094328No, you just can't read nor understand the data and refuse to do any of your own research.
>>30092494>>30092683>>30093889I started with $5k in 2017. Made it to 6 figure hell that run but had a bad exit strategy. Went back to 5 figure hell and am hoping to make it to 6 figure hell again by the end of this run. I made it by shitcoin flipping, which I seem to be ok at, but I ended up losing satoshi because I held shitcoins through the end of the bull and gave up. That cost me 3 BTC fren. If you know you suck at flipping shitcoins, that anon is right. Just hold and continue to invest your lunch money through the bear market. Things like staking and LPs that exist this bull run, make it a great strategy. If you want to get into the shitcoin flipping game, you can make money. Never forget that your goal is to get more BTC with it though excluding rare opportunities like ETH or LINK. Have several exit strategies and never forget that BTC is king. When it rallys, your shitcoins will dump. When it dumps, so will your shitcoins.
>>30094084>bought 5k of shitcoin>100 gorilioncope boomercoin
>>30082072bro my portfolio will be worth over $1,000,000 in about a year
>>30094397you were saying?
>>30094542literal who shitcoin and fraction of an eth. wow.
>>30094046>I am talking about low-mid capsI'm talking about the image you posted which is the only reference to any data you actually gave. Do you still not get it?If there are 10 horses competing and after the race I pick the 3 fastest horses and say their average time represents the total average who would take that seriously? What does saying something so incredibly retarded say about me and my ability to evaluate things?
>>30083779Risk profile
>>30094587I just smiled, but I'll be laughing at you in a year from now.
>>30081927redditors are stereotypical wagie consoomers. this doesn't surprise me
>>30094680wow ive never seen this promise before! lower gas fees? whoacoins with gas fees are going to price themselves out when crypto goes full mainstream. and this time next year your eyes might be worth 2x at best man.
>>30094546you had to pick an example from the one sector of the economy that was only mildly impacted by covid. the swing wasn't anywhere near as high as with bitcoin due to its nature but it wasn't achieved during normal market conditions. like anons who made hundreds of thousands on GME calls
>>30083662blacks
>>30094798>and this time next year your eyes might be worth 2x at best manhaha it went 2x in 24 hours my man
>>30094598I'm not sure what the methodology is for that chart and I can't find it, but since it includes dead coins (as clearly visible in the chart) and because it is such a random number, it is likely including anything that ever reached top 1000 (or some similar rank) over that period of time. There are numerous other metrics that track alt-coins, and they consistently outpace BTC as a whole (whether you do top 100, top 500, top 1000, 2000, whatever).I was never talking about ultra micro-caps with sub $1m market cap, I already stated this multiple times, and I have no idea how anyone could ever interpret "low-mid cap, many of which are listed on central exchanges" as meaning absolute shitcoins with 6 or 7 figure marketcaps...
>>30094800you were saying?
>>30081927dude that's just a kid I honestly don't understand your obsession with 0.1 BTC which it's just $5000 any decent adult can afford that any day of the week
>>30082759Not in stx so no you lose.
>>30094895i dont care man, good luck with your shitcoins. hope you dont get rugged
>>30094144Yeah, except no matter what you invest in you're going to lose 1/2-3/4 of your savings. But then the next time Buttcoin moons you're going to have maybe your money will go up 30-50% if you buy Buttcoin at these prices. If you're in an altcoin, then when Buttcoin is doing well you might 10x or 100x if it's a good project. You might even see growth when the market is overall down from its present bubble. Look at where Link is. If you're a faggot with 0.02 BTC your returns will be so pathetic you may as well buy stocks or open a boomer savings account.
>tfw my portfolio gains are more than my salary
>>300866742017 and earlier it was better to buy alta but that's kind of unfair as alta were just starting to be a real thing, 2018 and 2019 btc was a far better purchase, 2020 and 2021 they have been about even. There are no current trends to prefer one strategy
>>30094914>I'm not sureYou were before and it says in big letters top 2412 coins. If this isn't the data you're using to come to your wild conclusions what is? When I asked you about what data you're using why did you post an image where you're "not sure" about what any of the information means?>ultra micro-caps>There are numerous other metrics that track alt-coinsWhy can't you reference one of them then? You're the one making the outrageous claim that doesn't fit any of my experience or any of the alt indexes I know of.>whether you do top 100, top 500, top 1000, 2000All of those filters are choosing winners after the race. How are you not getting that? The clue is in the word "top".
KEEEEEEEEEEEEEEK BTC WAS 48K WHILE YOUR TRASH WAS GOING DOWWWNI WAIT FOR MY GRAPHENE AIRDROP AND DONT FUCKIN CARE ABOUT YOUR TRASHAND YOU CAN’T EVEN TALK TO ME BECAUSE YOU ARE DUMB AND DIDN’T INVEST IN PHR
>>30082201ALGO = sjw cuck coin
>>30095281You can either do a running top xxx or top xxx at a certain point in time and compare it to a time in the future. Regardless, essentially any way you calculate it alt-coins consistently outperform BTC you stupid fucking ape.
>>30082709>>30086113You guys do realize there are companies that can desolder and extract the data from the flash memory chip right? I really hope you didn't toss those.
>>30086267If you can accurately and reliably predict pumps why is your net worth not eclipsing that of the rothschild family?
>>3008674275% in BTC, then pick one shitcoin that looks good to put the rest in.
>>30081927fucking pathetic
>>30085792My lumen stock doin a little nothin
>>30095492>top xxx at a certain point in time and compare it to a time in the futureThat's still not a random sample and not reliable. It's only true on some time frames. The longer you make the time frame the worse the alts perform compared to Bitcoin. There are only two altcoin indexes I can easily find on trading view and they fit my experience. That's actual real life data about your specific claims and how profitable your random strategy would be. The actual real life data says since the start of the index it gained around 50% of what BTC gained. Your fantasies are irrelevant.
A majority of you are priced out of ever owning 1 bitcoin. I laugh at reddit and all of you poorfags lmao
>>30083648>>30083648Wew, lots to unpack here. I was just trying to get some heckin' good coinerinos to ape in on. I heard /r/biz was a good place for some spicy deals, but yikes! Can you guys cool it on the antisemitism?I'm not sure where the report button is, but you are doing me a frighten. This could have been real tasty.
>>30095067This. STX is where all you poorfags should be, it's a fucking steal at $1. Start getting a return in BTC.
>>30096105>I laugh at reddit and all of you poorfags lmaoWhy
>>30081927That must suck I found .1 btc in my safe a few weeks ago. I have seeds on index cards everywhere shit needs to be organized.
>This entire thread.Why does bitcoin make alt-coiners seethe so much? Just buy and hold LMAO.
>>30090350Even redditors have loved ones, anon.
>>30096990its so funny. I have no idea why, maybe PTSD from 2018
>>30096990>>30098260Literally the reason I only stick to BTC now is because I leaned my lesson in 2017/2018 when I got greedy trading shitcoins and blew up my portfolio. They either are too stupid or they may just be too poor.
>>30093774>dont invest in delivery companies>just invest in the companies that make the productsim feeling good knowing that brainlets can make it
>>30093267Who's that lady? I see her sometimes when I'm meditating.
>>30082201At least you arent investing into safe plays with just $2k, unironically gmi after next two bullruns.
This entire post is one huge poorfag circlejerk, and you're still trying to shit on r*ddit.
>>30085676This but only after EIP 1559 is implemented. Otherwise it just goes to the miners.
>>30099666>it just goes to the miners>justthat's exactly where I want the money to go. I want rich miners that buy more gpus and thereby increase hashrates and overall investment in the space. Miners are the backbone. I want them fat and happy. And I want them to buy every fucking gpu in existence.
>>30089876>>30093420What an absolute terrible advice.Poorfags dont have money but they do have time to leverage. He can spend his time doing research and unearthing a fundamentally solid project that is way undervalued in 500-900 rank range. To hedge the risk of losing it all he can probably split it into 2 and invest half each.Losing all $1k if both of them happened to be a vapourware won’t hurt him because he can probably make back the money eventually but you will gain knowledge on why your research was incorrect. On the flipside if it works he is looking at a 20-100x minimum on investment.On a top 10-20 coins it will take him multiple bullruns to reach a 20x and 20x on 1k is still 20 fucking k.
>>30085138The shoeshine boys were all in on SPY for the past 6 months. Weak fud
>>30081927>thanks so much to this community for good vibes>you guys are super friendly wondering if he somehow came here first and ran away to never return
>>30082481>btc stock you mean futures?Its like 200k a contract right now so unless youre trading a 5m+ account, stick with buying btc.
>>30099817Binance is one of the top Eth miners, don’t want my money going to that chink especially when we’re moving to PoS.BTC I can agree on, the higher the hashrate the more secure the network gets.
>>30099981I think PoS is going to end badly. just a feeling.If miners were paid more, then the Chinese having access to free electricity from deals with corrupt local party members won't matter anymore. It solves the china risk problem.
>>30083619>>30083690>>30085127Midwits.
>>30087345I started with 5k in crypto 2 months ago and now I have 25k simply because I bought alts and not BTC, which, by the way, is a bloated turd. I don’t think you can see the forest for the trees.
>>30100201>I think PoS is going to end badly.Agree but its what the eth foundation has decided.A switch to PoS means resetting the trust in the network because its still unproven.
>>30100328>2 months agoyou are in the treeline, not in the forest. Get ready to drop 95% when it breaks down.
>>300820725 digits is poorfagt. $20k
>>30089404The actual problem with this advice is that BTC is not the king, but an impostor
>>30100403I already rotated into Bitcoin Cash, XRP, and BSV. Buy low sell high faggot. I’m not dropping shit
>>30100684your pope should transfer something out of that satoshi wallet, and I'd believe his tales....but I still would own btc. Having a "key-man" of any kind is a risk, not a benefit; this has kept me from going heavier into ETH. The market has held court and denied your motion.
>>30085408>implying you have to do all thatJust FOMO in on whatever coin sounds cool or has a neat, eye-catching symbol
>>30100817I am not BSV maxi. I am just aware. And (((the market))) blowing up the bitcoin bubble is not a sign of its superiority. In fact it’s a diversion to prevent actual good cryptos from being adopted, because BTC is so shit that it fuds all of crypto.
>>30100744>Bitcoin Cash, XRP, and BSVThe standard "I started 2 months ago in a bullrun which makes me an expert" bag.
>>30086474what app is that
>>30100974Probably a bait, no one is that retarded.
>>30100974Making more than you bitch. I just can’t wait for BTC to not pump in the next bullrun. That’s when it will be really interesting. It will be something about the electrical use or maybe a double spend attack. Michael Saylor is out of his mind. BTC isn’t “the one”
>>30101072Visa funded the devs for bitcoin core. That’s all you need to know. BTC is rugpull
>>30101170>major institutions are paying huge money out of pocket to maintain and protect a protocol into the future>rugpullummmm anon....something isn't adding up here.....I guess selling IP addresses were the rugpull of the 90s.....
>>30094542??????????ETH a shitA SHIT
>>30101121>Making more than you bitch.In percentages over 2 whole months but it's close. In real money you made what I sometimes make in a day.
>>30101330Yes institutions won’t dump on you. BTC and ETH are the only two coins with SEC clarity... for now. But I’m sure BTC will always remain #1: >no smart contracts >55 minute transactions >fees>51% attack/hard fork/double spend>incompatible with the Green New DealYup. Definitely just gonna HODL my BTC forever right bros?
>>30101538Sure buddy. Of course I keep most of my money in VTSAX, but you probably don’t know which coin that is.
>>30101736>>incompatible with the Green New DealHA! 4-8% of the grids power is wasted in heating elements...heating elements that can be replaced with ASIC cards. 40% of crypto mining is done with renewables. You really have been in this space for only 2 months, haven't you?>Index fundsAHAHAHAHAHA...okay now you are just baiting.
>>30101736>Most advanced smart contract platform there is since the last update this fall.>10 minute settlement time, irrelevant for future user experience>hard security costs money>the only decentralized system proven to be reliable against any attacks for over a decade>the biggest incentive for green energy there has ever been
>>30101902Yes nigger I have 400k in VTSAX because I’m responsible with money. >>30102061>Chinacoin>decentralized And please you know it never settles in 10 minutes
>>30102061Wait are you talking about BSV?
>>30102380lol post lambo and yacht with a timestamp.