I think Bitcoin is going to have a significant branding issue. Right now the entire world knows the word Bitcoin. A fraction have purchased a Bitcoin at some point. And then a fraction of that fraction have ever tried to use Bitcoin.

The people in crypto that like Bitcoin do not use it. I mean some technical people may be using lightning and some people pay the big on chain fees, but the majority in Bitcoin are speculators, traders, space is filled with them. They do not care about utility or something that's robust. They are about making money.

The moment cryptocurrency breaks into the mainstream and attracts real adoption and usage is the the moment Bitcoin is going to have a significant branding issue because all the people who have heard of Bitcoin are going to finally try to use it and see that it sucks complete ass. The Bitcoin brand will be weakened, it might get pretty ugly. There's only two ways I can see Bitcoin saving itself from this situation.

1) Bitcoin increases its block size. (Doubtful)
2) A majority of people are okay with being restricted to custodial wallets and do not care to actually use the blockchain. (Also doubtful)

That's why I liked when I saw Marc use Bitcoin and was immediately dissatisfied as seen on his Twitter. https://twitter.com/MarcFalzon

Now I don't know if Marc's opinion will be representative of the general public, but if it is Bitcoin may be in big trouble soon...

That's how I felt when I split my coins. I was going to do it safely with a small TX, but then I was like fuck it ill just doing it all at once
same thing with dumping my BCHA. I was going to slowly sell it, but then I said fuck it and just dumped dat bitch on the order book making the price dip like 25 cents

In case you haven't heard, BU is hosting a hackathon called CoinParty2020 starting next week.

CoinParty is a week-long remote hackathon happening in early December and is focused on getting people building with the power of Bitcoin Cash. There is a minimum of $25,000 worth of prizes available for the best projects.

Go check out the details at https://coinparty.org/ and make sure you sign up if you want to build on BCH!

Let's get this party started!

I was feeling the FUD lately with ETH and BTC mooing and BCH just sitting back and chilling, but I am now feeling confident again in my investment
I really need to just step away for like 60 days
I hope PayPal later gives users the ability to withdraw so then people can see Bitcoin sucks with the high fees lol. If custodial wallets become the norm for p2p commerce its gonna be dumb and sad to see

"Speculation is at the heart of the cryptocurrency market. Obviously, price speculation is present across all assets, but most thriving cryptocurrencies have survived largely thanks to speculation about their anticipated applications and promised potential."

While we are waiting for alt season we can reassure ourselves we invested in alts instead of Bitcoin because we only want "modest returns" lol

Therefore lowering our expectations as Bitcoin continues to dominate

There are a few strategies I think an investor can choose. Each with pros and cons.

1) Have a diversified portfolio that is weighted by each crypto's market cap. This should resemble similar price action to the "total crypto market cap" chart.
Pros:
Less volatility and least risky.
Cons:
Will require you to rebalance the portfolio regularly as the crypto market caps change.
Lower overall returns compared to other strategies.

2) Portfolio invested in two or more coins. Each coin being selected based on strong fundamentals.
Pros:
Higher overall returns
Do not have to touch portfolio
Cons:
Higher volatility and riskier

3) Portfolio invested in a single coin. Coin being selected based on strong fundamentals relative to its current price. Basically which coin is the most undervalued with strong fundamentals.
Pros:
Possibly highest overall returns
Cons:
Highest volatility and carries the most risk.
[00:16]
Myself personally I don't care much for (1) but I can't decide between (2) and (3). Right now I am in the (3) boat but I might switch to strategy (2) come 2021.

Weekly Report Signature Campaign:

Date:  Week 6: 23 November - 30 November
Forum username: ShadowCrypto
Link to the forum: https://www.altcoinstalks.com/index.php?action=profile;u=36466
Telegram username: @shadow_cryptoz
BetFury nickname: shadowc
Links to your posts:

1- https://www.altcoinstalks.com/index.php?topic=178956.msg990247#msg990247
2- https://www.altcoinstalks.com/index.php?topic=180540.msg990239#msg990239
3- https://www.altcoinstalks.com/index.php?topic=179901.msg990235#msg990235
4- https://www.altcoinstalks.com/index.php?topic=74846.msg991891#msg991891
5- https://www.altcoinstalks.com/index.php?topic=180441.msg992029#msg992029
6- https://www.altcoinstalks.com/index.php?topic=160981.msg992039#msg992039
7- https://www.altcoinstalks.com/index.php?topic=1805.msg992043#msg992043
8- https://www.altcoinstalks.com/index.php?topic=180441.msg992138#msg992138
9- https://www.altcoinstalks.com/index.php?topic=180630.msg992141#msg992141
10- https://www.altcoinstalks.com/index.php?topic=177479.msg992156#msg992156
11- https://www.altcoinstalks.com/index.php?topic=181037.msg994639#msg994639
12- https://www.altcoinstalks.com/index.php?topic=181035.msg994643#msg994643
13- https://www.altcoinstalks.com/index.php?topic=55295.msg994649#msg994649
14- https://www.altcoinstalks.com/index.php?topic=181208.msg996553#msg996553
15- https://www.altcoinstalks.com/index.php?topic=180499.msg996514#msg996514
16- https://www.altcoinstalks.com/index.php?topic=181037.msg997298#msg997298