Unironicaly am I an idiot for holding 100% BTC and 0 alts?

I hodl 16 btc, almost to 17 actually.

Im an newb here but it seems like everyone expects market cap to increase a ton in the coming years, coins are becoming more scarce(with brc and eth) so it seems eth and brc and the “safest” alt coins right? And if any coin will take market cap from btc when the whole crypto market grows it would be eth? Eth is pretty cheap right now and would probably get close to btc price so eth seems cheap to me.

Holding anything but BTC or LINK is a death wish in this market imo
Maybe buy in the Polkadot ICO when it comes round end of Q3

Like others have said, all in eth right now.

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To me it seems in the short term brc could skyrocket or correct down 15%. I take those odds. Losing 15% is whatever but potentially getting 3x-10x is worth the risk for sure.

>Polkadot ICO
Jow Forums loves inventing new ways to lose money

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Kys discord tranny stop trying to dissuade people from making money. The most pathetic part is that it literally won't benefit you in anyway, so what if 20-50 people don't buy in at the ICO and you do? What's that gain, something like 0.001% of the price? Get a fucking life mate

Not an idiot. You're just investing long term instead of short term.

If you're not holding a minimum of 15-20 BTC then yes it's stupid.

>f you're deep enough into crypto to be on Jow Forums you should be informed enough to pick a few low marketcap coins that could set you up for a 50x-100x
Mate I've been on Jow Forums since it started and I still can't pick these reliably.

>tfw no Jow Forums coinlet education course

Checked and who knows. In the past, BTC run ups were best holding BTC. If you were buying altcoins, you usually had to buy BTC or ETH in order to get money in. When BTC started taking off, it would suck money out of altcoins because people would dump their altcoins to chase BTC pumps. Only after BTC went sideways did we start to see money flowing back in to scoop up cheap altcoins.

However, there is a lot more infrastructure in place and "stable coin" and altcoin pairings than previous runs. They've also made it significantly easier to get money onto exchanges. Money can flow into altcoins without as much reliance on BTC and ETH in the present.

Nah. BTC is a fine long-term hold. Maybe the best. If you want to hold alts you have to stay on top of news every day, which takes effort and gets tiring.

Last one I picked was Graft and it hasn't done shit.

Listen to this guy if you want to lose all your money very slowly over time. ETH's time is past. It is not comparable to BTC in any way.

What you have to understand about shitcoins is that they will tank whenever BTC pumps or dumps. Why? Because if BTC is crashing, people will sell BTC for USD to stop the loses. But only a minority of shitcoins trades for USD. So instead ppl will sell shitcoins for BTC (thus tanking shitcoins) to then sell BTC for USD.

If BTC pumps, ppl FOMO and sell alts for BTC to get on the train. Shitcoins will pump when good news hit, or when it's being manipulated.