Topic: Altcoins or Bitcoin? - page 10. (Read 2172 times)
in my opinion, it all depends on what strategy will be used when investing. I myself will choose bitcoin when I decide to invest in the long term, or invest from one year to the next. and when I will do a short-term strategy, maybe I will choose altcoin as my choice. in such a way, in my opinion will minimize the existing risks. because I myself believe in bitcoin to be waited for a long time than altcoin.
I prioritize altcoin which is on the 10 CMC list to hold. But I split 60% for altcoin and 40 for holding bitcoin. Altcoin and bitcoin are very, very important. The price of altcoin depends on the current bitcoin trend, which is currently unstable. Having bitcoin will save your assets and minimize losses when altcoin drops very deep.
Understanding the risk of your invested money can give you an idea of what you do when certain movements is not favoring your investment. Splitting and not to put everything to one basket definitely the best options to do. All things can be done if you are well prepared and you extend your time studying the market trends. Both options are good if you are willing to take the risk. 
I prioritize altcoin which is on the 10 CMC list to hold. But I split 60% for altcoin and 40 for holding bitcoin. Altcoin and bitcoin are very, very important. The price of altcoin depends on the current bitcoin trend, which is currently unstable. Having bitcoin will save your assets and minimize losses when altcoin drops very deep.
At the moment, I only prioritize holding Bitcoin and restricting transactions for the time being because the risk is too great and Bitcoin is suffering heavily from the recent bad news. The market has not been able to recover in the way that people predicted and the downtrend is still lasting during this time, so altcoin is definitely the investment that makes you lose money the most in your investment. 
I prioritize altcoin which is on the 10 CMC list to hold. But I split 60% for altcoin and 40 for holding bitcoin. Altcoin and bitcoin are very, very important. The price of altcoin depends on the current bitcoin trend, which is currently unstable. Having bitcoin will save your assets and minimize losses when altcoin drops very deep.
In my own preferrence, Holding both altcoin and bitcoin is much better. And, I think that you can have both but not the same amount of holding percentage like 75% in BTC and 25% for Altcoins.
And as of tkday's value of bitcoin, it would be great to buy more and hodl until the price pumps up once more.
nowadays, almost everything looks the same. besides stable coins, almost all cryptocurrency has a dump price when bitcoin is dumped. even like that, I still focus on bitcoin. the reason is easy. when bitcoin prices dump, almost all altcoin dumps, but when bitcoin prices rise, it cannot be ascertained that altcoin prices are rising. so, I will still focus on bitcoin for now, even though the storm dump has come.And as of tkday's value of bitcoin, it would be great to buy more and hodl until the price pumps up once more.
The fact that altcoins like ETH, BCH and others are slowly gaining more use has made me thinking. If somebody were to HODL one currency, what could it be?
A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
Or do you support holding multiple crypto coin holding?
Have you ever watched the price chart? So you have never noticed that about ninety percent of the times the price of altcoins usually goes down when the price of Bitcoin is going down? So, if it's mainly that way, why then should you be saying that altcoins are a better choice? Even experts predicts that if there should be bull run this time that there is the possibility that altcoins won't even increase, except a few of them that are on top the chart alongside Bitcoin.A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
Or do you support holding multiple crypto coin holding?
Bitcoin is always a good choice for investment when it comes to cryptocurrencies, but you know what's best for you. It's not everyone that invests in Bitcoin, I have a friend of mine that prefers to invest in Waves, and he hardly invest his money in Bitcoin. But for me, most of the time it is Bitcoin and Etheruem.
I don't know what use of altcoins is increasing, but from what I see a lot of people are complaining about the price of ETH and slow development of ETH, people don't want to settle for the fact that the price of ETH may never go back above $900. eventually no one will use BCH... If we look at the long run we have:
4,843 altcoins, these altcoins are competing with each other, which means they will have to compete a lot and few of them will survive in that market.
The truth is that the shit coins are competing with each and there are still people trusting the ETH market because apart from bitcoin ETH market rallied a lot when the token projects starts appearing and majority are still in that flux thinking that the ETH market will rise once again but they forget a fact that the token market is done and dusted for majority of the part and if you are looking for the long run the only coin you can trust is bitcoin. 4,843 altcoins, these altcoins are competing with each other, which means they will have to compete a lot and few of them will survive in that market.
In my own preferrence, Holding both altcoin and bitcoin is much better. And, I think that you can have both but not the same amount of holding percentage like 75% in BTC and 25% for Altcoins.
And as of tkday's value of bitcoin, it would be great to buy more and hodl until the price pumps up once more.
nowadays, almost everything looks the same. besides stable coins, almost all cryptocurrency has a dump price when bitcoin is dumped. even like that, I still focus on bitcoin. the reason is easy. when bitcoin prices dump, almost all altcoin dumps, but when bitcoin prices rise, it cannot be ascertained that altcoin prices are rising. so, I will still focus on bitcoin for now, even though the storm dump has come. And as of tkday's value of bitcoin, it would be great to buy more and hodl until the price pumps up once more.
I love bitcoin but in terms of opportunity, I would go for altcoins. There is a lot of altcoins in the market where we can trade them or either earn them through signature campaign or any form of services that we can offer in exchange of an altcoin. Because of their types and numbers in the market, it will be easy for us to jump into another altcoin which provide efficiency in terms of maximizing the potential profit.
So I think comparing bitcoin with altcoins is like a joke. How can anyone do this comparison? Altcoins, do not have any identity of their own. They are nothing without bitcoin. Some people would dislike or hate this but fact remain the same. No can deny that altcoins survive with the help of king. They do the same what bitcoin does. Altcoins are mere followers of bitcoin and far below it in terms of gaining value. 
In my own preferrence, Holding both altcoin and bitcoin is much better. And, I think that you can have both but not the same amount of holding percentage like 75% in BTC and 25% for Altcoins.
And as of tkday's value of bitcoin, it would be great to buy more and hodl until the price pumps up once more.
And as of tkday's value of bitcoin, it would be great to buy more and hodl until the price pumps up once more.
If you are going to hold just one cryptocurrency then stick with Bitcoin. I suggest however to maybe pick 3 to 5 to HODL. Maybe hold 50% to 75% in Bitcoin and then a portfolio of a few top altcoins such as ETH and a few others.
The fact that altcoins like ETH, BCH and others are slowly gaining more use has made me thinking. If somebody were to HODL one currency, what could it be?
A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
Or do you support holding multiple crypto coin holding?
In my own personal opinion, i would like to hold 100% of my money to bitcoin because there are more chances that i could get profit from bitcoin rather than altcoin, but i would like to buy the other half of my profit from altcoins that has a good value because splitting my investment would be a greater chance to increase my profit. A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
Or do you support holding multiple crypto coin holding?
I chose to hold some crypto Bitcoin and altcoins such as ETH, BCH, LTC, BNB, and Dash. As the saying goes does not put eggs in one basket. Moreover, the price is now very cheap. This is a great time to buy and hold until the price rises higher.
The fact that altcoins like ETH, BCH and others are slowly gaining more use has made me thinking. If somebody were to HODL one currency, what could it be?
A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
Or do you support holding multiple crypto coin holding?
In my own personal opinion, i would like to hold 100% of my money to bitcoin because there are more chances that i could get profit from bitcoin rather than altcoin, but i would like to buy the other half of my profit from altcoins that has a good value because splitting my investment would be a greater chance to increase my profit. A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
Or do you support holding multiple crypto coin holding?
The fact that altcoins like ETH, BCH and others are slowly gaining more use has made me thinking. If somebody were to HODL one currency, what could it be?
A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
Or do you support holding multiple crypto coin holding?
I support holding multiple crypto coin holding!! but I won't take the risk of investing in a lot of cryptocurrencies.. at this time 75% of my portfolio is Bitcoin, the remaining 25% is a few Altcoins (Ethereum, Bitcoin Cash, Bnb and Link). A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
Or do you support holding multiple crypto coin holding?
Since anything is possible in crypto space, I will go for multiple holding wherein 70% in Bitcoin and 30% in altcoins. It is given that majority of us are trusting Bitcoin but we never knew what can happen in the future so for me it's still good to hold some strong altcoin to maximize my investment in the long run.
That's ok, 70% in Bitcoin and 30% in altcoins. I'm for diversification, never hold all your eggs in one basket. Diversifying is good for safety, safety is always important. There is one more good reason for diversifying, some of the altcoins have a promising future, and in time they can make a higher profit for you. Two good reasons to have a portfolio with Bitcoin and some strong altcoins.
Since anything is possible in crypto space, I will go for multiple holding wherein 70% in Bitcoin and 30% in altcoins. It is given that majority of us are trusting Bitcoin but we never knew what can happen in the future so for me it's still good to hold some strong altcoin to maximize my investment in the long run.
That's ok, 70% in Bitcoin and 30% in altcoins. I'm for diversification, never hold all your eggs in one basket. Diversifying is good for safety, safety is always important. There is one more good reason for diversifying, some of the altcoins have a promising future, and in time they can make a higher profit for you. Two good reasons to have a portfolio with Bitcoin and some strong altcoins.
Since anything is possible in crypto space, I will go for multiple holding wherein 70% in Bitcoin and 30% in altcoins. It is given that majority of us are trusting Bitcoin but we never knew what can happen in the future so for me it's still good to hold some strong altcoin to maximize my investment in the long run.
The fact that altcoins like ETH, BCH and others are slowly gaining more use has made me thinking. If somebody were to HODL one currency, what could it be?
I don't know what use of altcoins is increasing, but from what I see a lot of people are complaining about the price of ETH and slow development of ETH, people don't want to settle for the fact that the price of ETH may never go back above $900. eventually no one will use BCH... If we look at the long run we have:
4,843 altcoins, these altcoins are competing with each other, which means they will have to compete a lot and few of them will survive in that market.
A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
100% bitcoin
Or do you support holding multiple crypto coin holding?
altcoins are a big risk
I would choose bitcoin over altcoins because it has been proven sustainable and strong currency for so many years. Even the value falls down several times, there's always a huge potential to recover of its own. The momentum is reliable to become a growing asset, and although the behavior is volatile, it was catching the interest of many people who learned the crypto economy. Altcoins sometimes good, but in most cases it will crash potentially at nearly zero value.
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