Altcoins or Bitcoin? - page 11. | Bitcointalksearch.org

Kocret02

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Quote from: Mashfiqun on November 16, 2019, 11:58:45 AM

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?

if holding in 100% in one currency might choose bitcoin as a good option. but we also don't demand the possibility to have several altcoin options such as altcoin at the top 10 cmc that can be used for holding selection

ofertoss

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I think that bitcoin is definitely the problem of alt coin is that although it may be that you earn more it can make you lose more, besides being very young it does not combine secure currency

cryptoangel

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Quote from: Soots on November 21, 2019, 09:33:35 AM

I am not confident with multiple coin holdings and doesn't advise this strategy to newbies in crypto. That's good to focus with bitcoin all alone, and don't ever hope for other holdings because it may destruct your plans for stable asset. Work out your holdings first, because btc growth has not yet begun to soar.

May be you are telling your point of you, All the experts are comes in the beginning stage so I follow the small scale investment for both Bitcoin and some altcoins, But I just invest only 1 percentage of my planning and further days it will guide me how to survive on crypto trading. So multiple coins holding is good and we must carefully participate the any coin.

MrPiggles

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Quote from: akmal1984 on November 21, 2019, 09:27:55 AM

I support hold bitcoin and altcoin. Both are equally profitable if we buy and sell at the right time. No need to wait for prices to soar too high. Saving just one type of coin is also not good because it is the same as saving fiat money. For the top 10 coins in coin market except stable coins I think are very stable and can bring profit if we really use them.

Before deciding to invest, you should divide the capital appropriately and must know how to manage assets to make the most reasonable choice. Currently the market is still in a downtrend, so there will be a lot of big risks in investment. I think you should hold more Bitcoin and should only spend 10% of total assets to invest altcoin because this year is definitely not a good year for you to make a profit.

Oilacris

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Quote from: Mashfiqun on November 16, 2019, 11:58:45 AM

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?

When it comes to investment I do always have this line of word in mind;

"Don't put all of your eggs in one basket" which basically means that its better to diversify our investment and don't focus on single one.

Bitcoin is much more preferred but we know that nothing do last forever guaranteed.So its much better to divide so that you could also divide up the risk just in case.

Soots

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I am not confident with multiple coin holdings and doesn't advise this strategy to newbies in crypto. That's good to focus with bitcoin all alone, and don't ever hope for other holdings because it may destruct your plans for stable asset. Work out your holdings first, because btc growth has not yet begun to soar.

akmal1984

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I support hold bitcoin and altcoin. Both are equally profitable if we buy and sell at the right time. No need to wait for prices to soar too high. Saving just one type of coin is also not good because it is the same as saving fiat money. For the top 10 coins in coin market except stable coins I think are very stable and can bring profit if we really use them.

Exidous

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Quote from: ReiMomo on November 20, 2019, 02:08:47 PM

Why do I need to choose both of them? I can invest those potential altcoins but my top priority is holding Bitcoin. I don't need to choose which one of them because I can accumulate among of them. Bitcoin is for long term holding but in altcoin, I dont hold this for long term purpose because I saw nothing if we hold a long time. Correct DYOR is a must in picking altcoins so you must be careful and researchful as well.

You need to divide capital appropriately and this needs to have a specific strategy. In my opinion, 80% for Bitcoin and 20% for altcoin because altcoin investment will be much riskier than Bitcoin so in all circumstances, Bitcoin investment is always a priority. In fact, I only invest when that altcoin grows as strongly as Atom or Bnb because these are options that are expected to be very potential in the near future.

wajik-tempe

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Quote from: wxa7115 on November 20, 2019, 04:49:25 PM

Quote from: blckhawk on November 16, 2019, 11:11:10 PM

I would go for a diversified portfolio, but baised towards Bitcoin. I would only allot small percentage of my funds to altcoins and not just any altcoin that is too speculative, but only those who serves true purpose such as XRP and ETH. Other than then, mostly all of them are shitcoins and cannot expect more into them. Then I'd go for Bitcoin especially when the price dips and I don't expect it to go lower anymore.

I always see people saying that diversification is a way to protect your portfolio and it isn't true, if you had invested all your money in bitcoin not only you will have made more money than if you had invested all your money in altcoins the risk will be many times lower as well, then I ask myself what is the point of buying a bunch of assets that are not going to grow as fast as bitcoin and that are only going to add more risk to your portfolio?

If you truly want to diversify your portfolio then you need to invest in something other than cryptocurrencies, you can choose stocks, precious metals, government bonds, invest in a business, create your own business or do whatever you want.

Seperate investment in many altcoins is lowering the risk of get rekt because we don't know which coin will get much price drop and never comeback so holding just one coin in portofolio is a risky decission. And also diversify to other investment like you mentioned is something else, it cannot be qualify as the same context on this thread.

Bagaji

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Quote from: Mashfiqun on November 16, 2019, 11:58:45 AM

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?

Investment diversification is very key if you want to play safe as regards your investment capital. Some of us have had a bad experience when you invest your capital in just one coins particularly when you buy at a high rate and you intend to hold for like two years.
I will advise that you use about 50 percent of your capital in buying altcoins and the remaining 50 percent for Bitcoin to be on a safer side.

wxa7115

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Quote from: blckhawk on November 16, 2019, 11:11:10 PM

I would go for a diversified portfolio, but baised towards Bitcoin. I would only allot small percentage of my funds to altcoins and not just any altcoin that is too speculative, but only those who serves true purpose such as XRP and ETH. Other than then, mostly all of them are shitcoins and cannot expect more into them. Then I'd go for Bitcoin especially when the price dips and I don't expect it to go lower anymore.

I always see people saying that diversification is a way to protect your portfolio and it isn't true, if you had invested all your money in bitcoin not only you will have made more money than if you had invested all your money in altcoins the risk will be many times lower as well, then I ask myself what is the point of buying a bunch of assets that are not going to grow as fast as bitcoin and that are only going to add more risk to your portfolio?

If you truly want to diversify your portfolio then you need to invest in something other than cryptocurrencies, you can choose stocks, precious metals, government bonds, invest in a business, create your own business or do whatever you want.

TinaK

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Quote from: Mashfiqun on November 16, 2019, 11:58:45 AM

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 believe it is a confused question from you I don't know what is a problem in it.
if you want to invest and make the profit in a cryptocurrency field you should choose every altcoins in the market tu to trade that coin and make profit out of it.
Then no one is here to help anyone, all the people here to stay to get the name and make the money. So decided based on your mind thought bro.

ReiMomo

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Why do I need to choose both of them? I can invest those potential altcoins but my top priority is holding Bitcoin. I don't need to choose which one of them because I can accumulate among of them. Bitcoin is for long term holding but in altcoin, I dont hold this for long term purpose because I saw nothing if we hold a long time. Correct DYOR is a must in picking altcoins so you must be careful and researchful as well.

Triffin

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Quote from: Hamphser on November 19, 2019, 11:45:56 AM

Quote from: LargoCoin Foundation on November 19, 2019, 11:02:27 AM

DYOR, weigh the risks and make a balanced portfolio that consists of multiple things, not only BTC and alts, but also maybe stocks and precious metals.

I guess OP doesn't experience how risky the cryptocurrency is without taking too much precaution when investing a single cryptocurrency. Either 100% bitcoin or altcoin portfolio none of them would matter if one will have a recession you can't do anything for your investment if that's going to happen. Although bitcoin might give you a chance but it would still be better if you do hold more crypto in your portfolio so you can diversify if things go sideways.

Bitcoin holders do not need altcoin to earn big amounts. They are just required to understand bitcoin better and work with it well. If I am not wrong, then it was bitcoin that produced millionaires first and only this coin can return huge profits. Altcoins depend on bitcoin so an altcoin holder should invest in the king of crypto currencies too, if not done already. Above all, trusting your asset is a must.

LUCKMCFLY

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Quote from: Ridwan Fauzi on November 20, 2019, 09:48:20 AM

If I newbie I'll choose bitcoin to store my all money that aimed for investing. I won't ever look any altcoin although there are a lot of people who suggest that the altcoin is promising.

But most newbie now when they come to invest in cryptocurrency will find a coins which still have a low value and use their fomo without any know the future of the coins itself. Even, they didn't know to differentiate scam coin, legit coin and shit coin.

As a result they will get a huge loses and even all their money just gone away. If so, the dangerous thing is they won't back again and made a false information who deflating cryptocurrency as a whole. So, I'll choose bitcoin first to spend my money because which I feel so far I really comfortable although there was a crash price came.

I think the same, Bitcoin is undoubtedly the best option, there are many altcooins that if they claim to be promising, but for investment, Bitcoin is better, because it gives benefits in a short time, when compared to the stock market, the Investment movements give profit to the 8 or 10 years, however Bitcoin due to volatility their movements are usually in less time, the bitcoin accumulation stage the first of Bitcoin was from 2014-2017, when comparing 3 years the wait is not much, now Bitcoin At the moment, according to Wyckoff's theory, the accumulation stage has already passed, and this indicates that the market is in the bullish stage, but a possible re-accumulation stage cannot be ruled out, everything is possible and valid, therefore The best in investment is and Bitcoin will always be a thousand times better.

bitzizzix

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Quote from: Aying on November 20, 2019, 10:33:59 AM

Quote from: Genemind on November 20, 2019, 04:39:56 AM

As for me, holding both top coins and Bitcoins will always be profitable. If I were to hold coins, I will prefer holding both Bitcoins and altcoins like ETH, XRP and BCH but of course, I would accumulate more percentage of Bitcoins. We all know that holding Bitcoin would always provide us with good assurance of gaining a good profit in time. Bitcoin and other cryptocurrencies are volatile but if we'll choose to hold coins with a good foundation, we'll never have any regret of losing in the future.

Choosing for both side are good, we are having a good future for it. but in time will come bitcoin is still worth it or altcoins will gonna surpass? so for now I am not 100% choose any one of them because I earn in both sides. I have profit also. for now we can't predict whether bitcoin or altcoins will lifted because everytime that bitcoin is up altcoins are following. so basically, altcoins is overflowing of profit. so for me now... I choose both side and accumulate as long as I can. market is mutable so we can decide what we want.

Yes, I will also choose both because they can be profitable and will be better for long-term investment because the current market is difficult to predict.
and I will prioritize bitcoin because it will be more profitable than altcoin, and the altcoin that I choose is Ethereum and Litecoin which I have trusted for a long time and always provide good profits as long as I have them.

Aying

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Quote from: Genemind on November 20, 2019, 04:39:56 AM

As for me, holding both top coins and Bitcoins will always be profitable. If I were to hold coins, I will prefer holding both Bitcoins and altcoins like ETH, XRP and BCH but of course, I would accumulate more percentage of Bitcoins. We all know that holding Bitcoin would always provide us with good assurance of gaining a good profit in time. Bitcoin and other cryptocurrencies are volatile but if we'll choose to hold coins with a good foundation, we'll never have any regret of losing in the future.

Choosing for both side are good, we are having a good future for it. but in time will come bitcoin is still worth it or altcoins will gonna surpass? so for now I am not 100% choose any one of them because I earn in both sides. I have profit also. for now we can't predict whether bitcoin or altcoins will lifted because everytime that bitcoin is up altcoins are following. so basically, altcoins is overflowing of profit. so for me now... I choose both side and accumulate as long as I can. market is mutable so we can decide what we want.

Ridwan Fauzi

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If I newbie I'll choose bitcoin to store my all money that aimed for investing. I won't ever look any altcoin although there are a lot of people who suggest that the altcoin is promising.

But most newbie now when they come to invest in cryptocurrency will find a coins which still have a low value and use their fomo without any know the future of the coins itself. Even, they didn't know to differentiate scam coin, legit coin and shit coin.

As a result they will get a huge loses and even all their money just gone away. If so, the dangerous thing is they won't back again and made a false information who deflating cryptocurrency as a whole. So, I'll choose bitcoin first to spend my money because which I feel so far I really comfortable although there was a crash price came.

Kambal2000

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Quote from: Visbay on November 20, 2019, 06:43:29 AM

Quote from: LargoCoin Foundation on November 19, 2019, 11:02:27 AM

DYOR, weigh the risks and make a balanced portfolio that consists of multiple things, not only BTC and alts, but also maybe stocks and precious metals.

You could be right mate an investor must contain all these things in his portfolio as it gives profit from time to time but I personally think that instead of investing in so many things we should simply invest in bitcoin as it has so much ability to get you good income. In the case of Altcoins, I like to have ETH and ripple otherwise I will only invest in bitcoin.

I don't need to choose, as they differ in aspect and how they should be treated, we all know that Bitcoin is for long term and altcoins can be widely used too just like Ethereum and some other altcoins, so for me, we don't need to compare things, we should just know what should we prefer, short term or long term, then we must be ready and check those coins/tokens which is the best.

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Quote from: marcous on November 19, 2019, 06:51:01 AM

Of course, Bitcoin is better than altcoin, but if you have big capital it's not problems to invest in Altcoin too. But be careful in choosing Altcoin. I personally no longer recommend ETH because I am more interested in BNB. I'm sure many people want to invest in Bitcoin/Altcoin because Halving rumors are getting closer.

I only partially agree with your opinion, that bitcoin is really better than altcoin when the value and support of the community has persisted for a long time but this cannot be the main reason for us to invest in it and ignore altcoins, this market is not just about bitcoin, altcoin is still a factor for everything to work. And every season is a favorite, sometimes bitcoin will win but sometimes altcoins will work better, so what we need to do is to switch and be flexible between the two options, noting the trend that the market is focusing on to create the best volume of profit.

Topic: Altcoins or Bitcoin? - page 11. (Read 2148 times)