I’d never recommend someone put all of their investment money into just one thing.
In fact, I’ve stated several times in the past that I feel no more than 10% of a persons investment portfolio should be in crypto.
But what I have said is that Bitcoin is the only crypto worth investing into. It is the only one that nobody in the entire world can stop. It is too big and powerful as a network now, and it has over 50% of the entire crypto’s net worth within its own market cap.
I’m in many other cryptos, I’m a daily user, I’ve been a daily user since 2016. I develop crypto dapp’s. I’ve seen everything from the user side, the builder side, the project owner side, and the blockchain foundational side, but that’s also why I tell people it’s likely best to just stick with bitcoin. I see the bullshit that plays out on all other chains… as part of my day to day job.
I know. Just adding a note for anyone unfamiliar. If a rookie dumped into Bitcoin right now as a likely cycle shifts into 2025 it would likely end in a panic sell as altcoin dominance picks up.
Still think there is value in utility amongst others and clearly people feeding their families still with other crypto outside of Bitcoin. it's just a wild West of sorts across the space still.
I’d never recommend someone put all of their investment money into just one thing.
In fact, I’ve stated several times in the past that I feel no more than 10% of a persons investment portfolio should be in crypto.
But what I have said is that Bitcoin is the only crypto worth investing into. It is the only one that nobody in the entire world can stop. It is too big and powerful as a network now, and it has over 50% of the entire crypto’s net worth within its own market cap.
I’m in many other cryptos, I’m a daily user, I’ve been a daily user since 2016. I develop crypto dapp’s. I’ve seen everything from the user side, the builder side, the project owner side, and the blockchain foundational side, but that’s also why I tell people it’s likely best to just stick with bitcoin. I see the bullshit that plays out on all other chains… as part of my day to day job.
I know. Just adding a note for anyone unfamiliar. If a rookie dumped into Bitcoin right now as a likely cycle shifts into 2025 it would likely end in a panic sell as altcoin dominance picks up.
Still think there is value in utility amongst others and clearly people feeding their families still with other crypto outside of Bitcoin. it's just a wild West of sorts across the space still.