Altcoins or Bitcoin? - page 13. | Bitcointalksearch.org

perfect999

sr. member

Activity: 1694

Merit: 299

Quote from: Mashfiqun on November 16, 2019, 10:58:45 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?

You already have two questions here now, but to answer your first sentence, I think that if I am asked to deal with just one cryptocurrency, of course it will still be bitcoin alone, because this is the coin that has more community more and it would be easy to actually trade within this cryptocurrency space than every other coins you see.

If you go to any merchant shop now, before you can get to see any other altcoins, I think that the first coin you will be seeing is actually bitcoin first, then you can see any other coin as an alternative. if I am giving the chance to diversify into at least one altcoin more, I think that the best choice will still be that Ethereum , which we can also see that they are still the two major coin in the market and they have the largest usage and community.

maxreish

sr. member

Activity: 1330

Merit: 326

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.

Murat

hero member

Activity: 2156

Merit: 711

Telegram @tokensfund

For me, Only Bitcoin could be the best for the holding purpose, You know that Bitcoin growth is huge in comparison to the other cryptocurrency so if you can hold Bitcoin only then it might bring back to you a good result in the coming days, I think this is the best time to hold Bitcoin because we are passing almost the end of this year, we have seen in the previous years that the price increase at this moment, but multiple holding is not a bad thinking because who knows which platform will click, so two or more option should have always so that we can make up and minimize our losing option. so multiple holding should be the best

Hallmader

sr. member

Activity: 1123

Merit: 253

Quote from: Mashfiqun on November 16, 2019, 10:58:45 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?

Holding a multiple crypto portfolio is most preferable. You don't have to focus on a single coin only. That is a poorly-created and very risky portfolio for me. I will have to repeat this although this has been repeatedly said by many here. Do not put your eggs in a single basket. Whatever happens to any single coin, if your portfolio is a mixture of different good coins, its total value will not plunge. In doing that, you are managing your risk pretty well. If you are risking your entire portfolio in one coin only, it will only take a bad decision of that coin and your entire portfolio is gone.

vowari

newbie

Activity: 22

Merit: 0

https://youtu.be/4rUZ0KpFwgk

alexsandria

sr. member

Activity: 896

Merit: 268

★777Coin.com★ Fun BTC Casino!

Quote from: Mashfiqun on November 16, 2019, 10:58:45 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'll be diversifying my portfolio. So my chance of gains would not focus only in one opportunity. Alot of hodlers, I supposed, do the same thing they diversify their hodlings into different alts particularly they pick among the top 10 for assurance of the gain somehow. Picking up one crypto for you to hold isn't recommended here and in addition not a smart move though.

Polar91

hero member

Activity: 1120

Merit: 553

Filipino Translator 🇵🇭

Quote from: Mashfiqun on November 16, 2019, 10:58:45 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?

For the mean time, I think it's better to have 100% Bitcoin portfolio for me because the december month is near thus there could be a lot of surprise and Bitcoin could be overwhelmed at that time and if that happens your money in Bitcoin could increase or gain decent value in a short period of time. This december month seems to be bullish month. Better to buy back some altcoins by next year IMO once the market becomes bearish.

leowonderful

legendary

Activity: 1624

Merit: 1130

Bitcoin FTW!

You might reap huge gains with altcoins, but many alts just don't ever take off and especially investing in newer alts can be much more risky than simply putting money into Bitcoin through a single buy or dollar cost averaging and holding the money over time. Crypto's risky overall, and it's very possible you could lose money even just holding Bitcoin, but Bitcoin's definitely the safest option at the moment and I would suggest investing most of what you've set aside for crypto investing into Bitcoin and then altcoins next if you really want to put money into alts.

Maslate

hero member

Activity: 2954

Merit: 672

Message @Hhampuz if you are looking for a CM!

Quote from: rodel caling on November 17, 2019, 05:03:35 PM

Quote from: Mashfiqun on November 16, 2019, 10:58:45 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 continue support holding multiple crypto I choose the most potential altcoins came from the top, I have lsmall amount amount of ethereum and ripple that I believe they bring for me the good profits in the future, but so far we knows a alot of people are contrate investing and bitcoin to get earn.

Yes. I would rather choose to focus more on my bitcoin portfolio because it has higher chances to earn huge profits. But to be more practical, having a multiple portfolio for bitcoin and altcoins might give us more security in earning good profits compared to focusing only in one investment.

LUCKMCFLY

legendary

Activity: 2590

Merit: 1882

Leading Crypto Sports Betting & Casino Platform

Quote from: Mashfiqun on November 16, 2019, 10:58:45 AM

~snip~

I have a criterion, at this moment it is better to have Bitcoin, any movement would have a variation in the FIAT currency, be it dollar, euro ... taking into account that now the market is with high volatility samples, since we are in the possible beginning of the bullish trend phase (according to Wyckoff's theory), when confirming the bullish trend, it is good to buy altcoins but at the time that Bitcoin performs the correction, because the altcoins would be much cheaper, it would be the ideal time to buy altcoins, because when bitcoin follows its trend, altcoins increase in price, causing their value to multiply, either x2, x3, x4 ...

Already after having a good profit, it is good to pass it to Bitcoin, because the satoshis would increase and the Law of Supply and Demand would be fulfilled, where the higher the Demand and the Lower Supply, the price increases, as was the case in December from 2017 and early 2018, when the entire market, including alternative currencies, were in green, I consider this to be the best stage to buy alternative currencies and change them quickly after having achieved a significant profit, the ideal is to start the Stage Distribution , which already has a new ATH bitcoin.

rodel caling

full member

Activity: 952

Merit: 104

Quote from: Mashfiqun on November 16, 2019, 10:58:45 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 continue support holding multiple crypto I choose the most potential altcoins came from the top, I have lsmall amount amount of ethereum and ripple that I believe they bring for me the good profits in the future, but so far we knows a alot of people are contrate investing and bitcoin to get earn.

target

legendary

Activity: 2282

Merit: 1041

Unless you are a die hard fan of a coin, you are going to put all your eggs there in one basket but thats the most risky thing to do incrypto since altcoins are usually going to be dumped. If you haven't notice yet, most of the altcoins since the bear market being in the early 2018, their value is less -90%. I pay the price for being a hardcore fan and this is why I'm sticking to BTC most of the funds I have.

FrankNoland

copper member

Activity: 560

Merit: 253

Quote from: Mashfiqun on November 16, 2019, 10:58:45 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 personally think that it's best to always diversify, Bitcoin is the most used and trusted currency, however, there some altcoins out there with massive potential, you just need to research very well and invest wisely

AicecreaME

sr. member

Activity: 2436

Merit: 455

Quote from: Mashfiqun on November 16, 2019, 10:58:45 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'm holding both altcoins and bitcoin, it is good to be more flexible to have a lot of choices to gain more profits in the long run, though I don't hold BCH. The reason why I don't focus on bitcoin is because of what I've experienced in 2017, I only join signature campaigns who pays bitcoin then when I've tried altcoin signature campaigns, I figured out that I could earn more in altcoin bounties, so I went full time on joining bounties after one another.

I just switched back to bitcoin signature campaign when a lot of scams happened in ICOs.

The Sceptical Chymist

legendary

Activity: 3528

Merit: 7005

Top Crypto Casino

Quote from: gantez on November 16, 2019, 04:05:37 PM

I like to hodl altcoins because it is cheaper and you can have many of it so that a little move up in price

I hate to tell you this, but that's a common fallacy in investing--in the stock market, novice traders tend to want to own 100 shares of a stock trading at $1 than 1 share of a stock that trades for $100, but obviously the money involved is equivalent. And when you're talking about altcoins, they're much, much riskier than bitcoin itself is.

As far as OP's question goes, I guess it sort of depends on how much money you're investing, but I definitely wouldn't invest everything in altcoins and I'd always have some bitcoin in your portfolio. I'm not a huge supporter of altcoins, because I think most of them are really shitcoins, but there are a few good ones that might be worth owning. But I'd say if you were only talking about $100 or thereabouts, you might spread that around a few of the top altcoins because you might get lucky.

If you had $1000 or more to invest in crypto, I'd keep the majority of it in bitcoin and wouldn't fool around with shitcoins at all.

Serco

sr. member

Activity: 1050

Merit: 250

Quote from: bettercrypto on November 17, 2019, 09:14:10 AM

Quote from: ancafe on November 17, 2019, 08:46:22 AM

for me, 70% bitcoin, and 30% altcoin. the reason I chose this is because bitcoin, in general, has a dominant increase, so I put greater expectations than the altcoin. I also chose altcoin like ethereum, BNB, etc. because it is a popular coin. the potential for the increase can be very high. although it did not become dominant, but I think an increase above 30% has been very profitable.

Definitely agree! It is good to invest in bitcoin morethan altcoin. Since bitcoin is the market foundation and any fluctuations happening from Bitcoin will inflict to the whole market and most of the time, altcoins follow it. I think it is good somehow to buy altcoins because there are altcoins we can hold for a long term. They might bring us also into a million dollar profits.

bitcoin should have big portion in our portofolio cause its value secure enough than altcoin. While crypto market dumping bitcoin could recover faster than altcoin. But if we want to buy altcoin ,better to pick up on top 10 CMC only.or alternatively ,we have to find sleeping giant on market that will give us huge profits,but its difficult to find except we will do deep research and observation in many projects.

enhu

legendary

Activity: 2492

Merit: 1018

Bitcoin is the most secure to use. If you have to hold for long term, hold BTC. There are altcoins that is worth holding also, ETH is just one since its the 2nd largest market right now and while they are going to move to POS, you might just try holding some ETH maybe 32ETH for holding and staking because its one way to grow your ETH without risking by trading.

bettercrypto

sr. member

Activity: 1498

Merit: 271

DGbet.fun - Crypto Sportsbook

Quote from: ancafe on November 17, 2019, 08:46:22 AM

for me, 70% bitcoin, and 30% altcoin. the reason I chose this is because bitcoin, in general, has a dominant increase, so I put greater expectations than the altcoin. I also chose altcoin like ethereum, BNB, etc. because it is a popular coin. the potential for the increase can be very high. although it did not become dominant, but I think an increase above 30% has been very profitable.

Definitely agree! It is good to invest in bitcoin morethan altcoin. Since bitcoin is the market foundation and any fluctuations happening from Bitcoin will inflict to the whole market and most of the time, altcoins follow it. I think it is good somehow to buy altcoins because there are altcoins we can hold for a long term. They might bring us also into a million dollar profits.

ancafe

hero member

Activity: 1778

Merit: 746

for me, 70% bitcoin, and 30% altcoin. the reason I chose this is because bitcoin, in general, has a dominant increase, so I put greater expectations than the altcoin. I also chose altcoin like ethereum, BNB, etc. because it is a popular coin. the potential for the increase can be very high. although it did not become dominant, but I think an increase above 30% has been very profitable.

arwin100

hero member

Activity: 2632

Merit: 787

Jack of all trades 💯

Quote from: Baby Dragon on November 17, 2019, 08:07:19 AM

Quote from: janggernaut on November 16, 2019, 08:54:45 PM

Quote from: gantez on November 16, 2019, 04:05:37 PM

I like to hodl altcoins because it is cheaper and you can have many of it so that a little move up in price, you are making huge difference in your hodling. I look for valuable coins though not really easy to determine.

Cheaper and holding it more than bitcoin won't guarantee you will earn profit from that. I ever buy an altcoin which i think promising, but in few months later it turned to shit token and almost down to 1 sat, which make my investment value dropped so deep.
Since bitcoin halving will come soon, people would prefer to buy and hold bitcoin rathee than altcoin

I also experienced the same thing that is the reason why I just stick with bitcoin but I never underestimate the power of altcoins because I know that there are still some of them that is worth it unlike other coins. It's just that I just learned from my mistake and it makes me hard to trust other coins, i'll also do the same thing because I know that bitcoin can give me a lot of benefits and opportunities in the future. Well you can't also blame me because we have different preferences and sometimes the decision that we are making depends on our past experiences. I'll always prefer to hold bitcoin because I know it's capabilities and potentialities.

I encounter this also that's why I always scan on which of them is worth or not but for now I really didn't know on which alt is good since most of them presents a good backgrounds but turn shit in the end and I lost a huge amount of money before since the coins I hold suddenly dump. And also we cannot blame anyone on it's decision since we provably get enough for those sad events and want to stick on the strongest since the probability to earn is so high.

Topic: Altcoins or Bitcoin? - page 13. (Read 2172 times)