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Topic: Altcoins or Bitcoin? - page 12. (Read 2148 times)

sr. member
Activity: 1236
Merit: 252
November 20, 2019, 06:43:29 AM
#74
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.
hero member
Activity: 1932
Merit: 504
November 20, 2019, 04:42:36 AM
#73
Or do you support holding multiple crypto coin holding?

This type of survey question or thread has been around and you have an idea where majority will tilt towards  Grin. For my own position, I believe multiple hodling is better because any potential use case coin has a time of bull.

Based on my own understanding, bitcoin is greater than altcoins so i will choose 100% bitcoin to manipulate. Holding multiple cryptocurrency is very hassle and stressful. And some of the altcoins are not certain and is growing slowly such that the bitcoin is more dominant and will become more worth it to hold.

Majority of the people chose bitcoin because it is so obvious that bitcoin is much essential and popular.


Bitcoin is best option if people not want to speculate much in a coins. And every strategy must need research first if want to invest either in bitcoin or other altcoin. But i am agree with you if not want to think more, i mean like do very deep research or maybe afraid to lose more in altcoin, move 100% assets to bitcoin is a good idea.
sr. member
Activity: 1596
Merit: 335
November 20, 2019, 04:39:56 AM
#72
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.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
November 20, 2019, 04:19:13 AM
#71
look at some of the posts above, 90% of holders chose bitcoin to be held in the long run compared to the altcoin. although like that, they chose bitcoin but still hold other altcoins like ethereum, binance coin, litecoin, and others. if this is only between two choices, then more people hold bitcoin on the grounds of technological developments, halving, dominance, and others. however, I also prefer bitcoin over altcoin for now.
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
November 20, 2019, 03:20:47 AM
#70
Or do you support holding multiple crypto coin holding?

This type of survey question or thread has been around and you have an idea where majority will tilt towards  Grin. For my own position, I believe multiple hodling is better because any potential use case coin has a time of bull.

Based on my own understanding, bitcoin is greater than altcoins so i will choose 100% bitcoin to manipulate. Holding multiple cryptocurrency is very hassle and stressful. And some of the altcoins are not certain and is growing slowly such that the bitcoin is more dominant and will become more worth it to hold.

Majority of the people chose bitcoin because it is so obvious that bitcoin is much essential and popular.

legendary
Activity: 3122
Merit: 1398
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November 19, 2019, 06:46:00 PM
#69
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?

You need to conduct your own research about this as statements here are purely based on people's different views and preferences. You might see others having a good run on a certain strategy but it doesn't mean you will have the same result.

Diversifying is always an option but why others still don't see it as an effective way? That's because our strategies vary at each other. Some became a success at diversifying and some are not.

Try to know what fits you.
hero member
Activity: 2660
Merit: 651
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November 19, 2019, 05:15:44 PM
#68
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?
If some ody is holding a single crypto such person will definitely miss out the benefit and opportunities which the other crypto provide.

A 100% altcoin portfolio?
Altcoin market are highly manipulated and not totally secure in term of investment cause the decision of arbitrage traders determine is price status.

Or a 100% bitcoin portfolio?
Bitcoin it a good investment but investing it all in a crypto is naive act.

Or do you support holding multiple crypto coin holding?
I support holding of multiple crypto currency but the holder or investors need to have good experience in managing multiple coin.
sr. member
Activity: 2534
Merit: 332
Vave.com - Crypto Casino
November 19, 2019, 11:45:56 AM
#67
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.
full member
Activity: 840
Merit: 105
★Bitvest.io★ Play Plinko or Invest!
November 19, 2019, 11:20:18 AM
#66
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 your goal is want to earn more profit every time you invest all of your coins, I think it depends on the market price or the cryptocurrency because sometimes when the bitcoin rise, the altcoins go up too. Still, in terms of transactions fee, bitcoin has more charges than the other coins because it is the most profitable coin today. And If I will choose between the altcoin and bitcoin, I prefer the investment in bitcoin because it has the top price of all the coins, and after that, I will use the altcoins for trading to lessen the transaction fees.
copper member
Activity: 40
Merit: 2
November 19, 2019, 11:02:27 AM
#65
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.
hero member
Activity: 2310
Merit: 886
November 19, 2019, 10:06:08 AM
#64
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?
Why to stick with bitcoin? There is no need of that. For profit purposes, stick with what's profitable for you and in what you see a bright future. Some people can't look beside bitcoin and others prefer mixture.
It's not like I say bitcoin and others agree with me and then you decide that oh yes, bitcoin is great and I'll stick with it.
Do personal analyzes of bitcoin and altcoins which you consider worthy, read news around them, see if there is anything planned which can affect price of  any of them (for example ethereum was supposed to be asic resistance but bitmain announced asic miners for it).
Also decide how much can you handle, will you have time to invest in 4 altcoin and take care of this investment? Will it affect your job (if any)? Will you be capable of reading news around them? Remember, try to catch good moments, not all of them.
hero member
Activity: 2478
Merit: 512
Leading Crypto Sports Betting & Casino Platform
November 19, 2019, 06:51:01 AM
#63
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.
jr. member
Activity: 175
Merit: 1
November 19, 2019, 06:07:58 AM
#62
Please, it's hard to compare any alt to Bitcoin. Bitcoin is a master of all cryptocurrencies, that's obvious. Of course it doesn't mean that alts aren't profitable at all, but these are denitely less probitable than BTC.
member
Activity: 318
Merit: 10
crypto enthusiast
November 18, 2019, 11:51:33 AM
#61
Never put all the eggs in the same basket. Would recommend to 75%BTC and 25% Alts which are at the top 50 on cmc. Be sure to investigate the alts thoroughly before investing in them. My portfolio: BTC, XLM, XRP, NEO, NWC...
jr. member
Activity: 42
Merit: 1
https://neironix.io/
November 18, 2019, 10:53:47 AM
#60
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?

It all depends on the psychotype of the investor. I read an article on neuronics about conservative investors, it said it was necessary to combine bitcon with altcoins, and bitcon should be about 60%, and everything else altcoins and those that are in the top 50, no further. And if you are an aggressive investor, then of course you can pick up a bunch of promising altos from the top 100 and even 200 and hope that something shoots.  Cheesy
hero member
Activity: 1582
Merit: 523
November 18, 2019, 08:55:38 AM
#59
I prefer bitcoin portfolio with a little of other altcoins. I'm confident with bitcoin for it has proven over years of its outstanding performance. All other altcoins are still promising. Its better also to have it in time that its price is still very affordable. Indeed, its really best to have it all but more of bitcoin to have many options in case one fails.
This is I prefer invest in bitcoin and some altcoin. At this current stage my top investment is in bitcoin and some altcoins which I believe price could soaring high once the market is in bull run. Diversify portfolio is indeed a good option but never invests in an altcoin that is not profitable in the long run.
sr. member
Activity: 756
Merit: 251
November 18, 2019, 08:07:43 AM
#58
I prefer bitcoin portfolio with a little of other altcoins. I'm confident with bitcoin for it has proven over years of its outstanding performance. All other altcoins are still promising. Its better also to have it in time that its price is still very affordable. Indeed, its really best to have it all but more of bitcoin to have many options in case one fails.
sr. member
Activity: 1582
Merit: 281
Eloncoin.org - Mars, here we come!
November 18, 2019, 05:52:27 AM
#57
100% btc portfolio is only for passive general holders, I'm sure the majority will also consider altcoin, especially for traders and investment practitioners.

diversification is useful for maximizing short-term profits, and with general knowledge one day can be totally converted to bitcoin when the bull's momentum has been confirmed naturally.
hero member
Activity: 1778
Merit: 504
WorkAsPro
November 18, 2019, 05:38:11 AM
#56
When i was new here, I only purchase and buy only bitcoin.  Not until I learned how to trade and buy some altcoins mostly ETH and other top 10 in CMC. That was the time I realized that it is better to trade and hold btc and altcoins. Diversifying investment is good to maximize profits as well. As long as we know how to manage a good portfolio, there is a success even you buy more altcoins than btc.
You have had the same experience as me during that time. Now things are different and we have added a lot of experience in investing so avoid a lot of big losses in this market. I think the capital allocation and asset management should always be the top priority when participating because without the plan, it will be difficult for you to make money here. I personally only invest in new coins this year and always consider carefully before making investment decisions.

However, some coins make me lose money but there are some coins that help me to make a high profit so in any situation you need to be calm and not panic when market turns red.
hero member
Activity: 1190
Merit: 511
November 18, 2019, 04:02:31 AM
#55
When i was new here, I only purchase and buy only bitcoin.  Not until I learned how to trade and buy some altcoins mostly ETH and other top 10 in CMC. That was the time I realized that it is better to trade and hold btc and altcoins. Diversifying investment is good to maximize profits as well. As long as we know how to manage a good portfolio, there is a success even you buy more altcoins than btc.

This is a sign that as we ago along here, we are learning as well as, Bitcoin is the favorite of all crypto users in the world, but, we are also learning and we are meeting a lot of altcoins while we are learning and we are also trying to invest those new altcoins that is entering the market. But so far now, still people prefer Bitcoin over altcoins, altcoins are just an alternative way of earning for those who wanted to earn more.
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