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Topic: Altcoins or Bitcoin? - page 14. (Read 2172 times)

sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
November 17, 2019, 08:07:19 AM
#34
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.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
November 17, 2019, 08:06:04 AM
#33
both can have very good potential to be able to grow your assets only altcoin has a higher risk than bitcoin because altcoin has a very large supply but the demand and use is not too much, different from bitcoin which in my opinion still has a guaranteed profit if stored for a long period.
member
Activity: 476
Merit: 12
November 17, 2019, 08:00:45 AM
#32
Holding multiple kibd of coin is wise investment but I think if you are small time investor it is hard to produce a multiple capital for a multiple coin. In my own opinion holding pure btc is more practical because all we know the power of btc and also known as the strongest coin here in crypto. I am trusting bitcoin because I am one of many investors who has a huge profit when bitcoin hit in almost $18k. So it possible to happen again.
sr. member
Activity: 938
Merit: 256
November 17, 2019, 07:59:51 AM
#31
Every investor has his or her own strategy. My strategy is to diversify my investments, this way I can avoid losing all my money.
In any case I think we should hold some BTC because BTC is the king of the cryptocurrency market.
This is my portfolio at the moment.
40% BTC
20% ETH
20% LTC
20% BNB

That's a quite balance portofolio but you can add more alts that to invest or something like low volume altsbwith a good potential that will make more profits even it's high risk you could just use less than 10% of your assets to trade or invest on new alts in the market
sr. member
Activity: 939
Merit: 256
November 17, 2019, 07:42:56 AM
#30
Every investor has his or her own strategy. My strategy is to diversify my investments, this way I can avoid losing all my money.
In any case I think we should hold some BTC because BTC is the king of the cryptocurrency market.
This is my portfolio at the moment.
40% BTC
20% ETH
20% LTC
20% BNB
legendary
Activity: 1316
Merit: 1145
November 17, 2019, 07:01:33 AM
#29
I prefer holding on to some altcoin. but if it has to hold one. I will choose Bitcoin. in altcoin I always remember this message "don't put all your eggs in one basket" so I divide my assets into several altcoins, because I believe the difference in increase will make me not confused. because you already have all the coins.
sr. member
Activity: 700
Merit: 254
November 17, 2019, 06:43:14 AM
#28
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 think if i had a chance to buy coins i will buy both bitcoin anf ether. This coins are good to hold for a long term investment. Holding multiple is good for those have big capital that they can buy more bitcoin also ether. Better to hold that two coins altcoin and bitcoin to have a good profit in a future if that both coins go up the price you can get a good profit.
full member
Activity: 490
Merit: 100
November 17, 2019, 06:01:29 AM
#27
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 the current situation, I think we can invest in both altcoin and bitcoin. Now that the market has not recovered, the prices of Bitcoin and ALtcoin are still very cheap, this is a good opportunity for us to buy. I believe that in only 6 months the market will start to grow and the prices of both Bitcoin and Altcoin will be very high. I think we should buy a few altcoins in the top 50 and hold in the long term, this will bring us a lot of money.
sr. member
Activity: 1876
Merit: 318
November 17, 2019, 03:00:20 AM
#26
We often discuss the comparison between altcoins and bitcoin, I understand there may be some newbies who still don't understand.
In determining which is more profitable it depends on the situation and conditions. If conditions like now which the altcoins development
is disappointing, of course a 100% bitcoin portfolio is the right choice to make a profit. But  in the future if the market conditions will recur
as in 2017 then the answer to holding multiple crypto coins is more profitable. Because when in 2017 all the coins, both bitcoin and altcoins,
reach the ATH price, so we will be very profitable can hold multiple crypto coins.
sr. member
Activity: 630
Merit: 265
November 17, 2019, 02:07:31 AM
#25
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 point of view, if i would gonna hold one cryptocurrency that will be bitcoin. My answer is very obvious because bitcoin is the most profitable cryptocurrency that i have invested since i started using it. But if i would hold multiple crypto coin i will put the half of my money in bitcoin while the other half is i will put it in a altcoin that is also profitable and good for long term investment.
legendary
Activity: 2982
Merit: 1028
November 16, 2019, 11:56:51 PM
#24
Splitting your investment can be done when you aren't sure with your portfolio. Buying crypto accompanied by big risk so you should continue doing your research and make sure to maximize the potential benefits.

Buy 80% of your funds with bitcoin and the remaining can be alt or combinations of alts that you see to have big  potential to pump.
sr. member
Activity: 602
Merit: 253
November 16, 2019, 11:49:18 PM
#23
I'll choose bitcoin, well mostly, and a bit of altcoins in hand. It's very risky whichever we choose, but if our portofolio is a 100% alts, it's a lot more dangerous when bitcoin price falls down, alts will suffered the most from the fall. I've never really hold alts for a long term, mostly for a daily-weekly trade. Since the price is very volatile and a bit of news could make the price turn upside down. So it's good to have a bit of profit from time to time. While waiting for bitcoin price to kicks in.

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.
I wouldn't recommend that, if your portofolio is full of cheap altcoins. Indeed if the price increase just a little youll get quite the profit. But what if it's the other way around, I'm certain you'll know what happens next, right!?
hero member
Activity: 3052
Merit: 651
November 16, 2019, 11:19:50 PM
#22
Bitcoin is expensive but it should be mandatory to have it. You might want to have like 90 percent of your capital being bought with that even with a high price.
Then you could go Ethereum and maybe Litecoin as next in line.
If you want to go with cheaper coins then there is XRP.
I would stay with those trusted coins rather than risking it with a new one which is so difficult to predict if it can even be pumped.
hero member
Activity: 1274
Merit: 500
November 16, 2019, 10:53:00 PM
#21
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
Hold Bitcoin ensures your safety when investing in this market. The value of altcoins is often very volatile and easily collapses if the market turns red. I'm not sure what will happen next but the altcoin season will not happen this year and will take longer than expected. Currently you should only care about the value of Bitcoin because if the coin is not stable, there will not be many opportunities for us.

I always analyze and devise the most appropriate strategy when investing. Sometimes this market still makes me lose but I believe Bitcoin will never lose value because this coin is getting better.
sr. member
Activity: 1400
Merit: 259
November 16, 2019, 10:23:18 PM
#20
I support multiple holding portfolio but with a larger percentage in bitcoin.
The fact that bitcoin have a larger possibility to be pumped gives us the better opportunity for profit.

As long as you can manage different coins then it would be enough to make good profits either in long term or short term trading.
Also, add the risk you are taking. Minimize that risk by picking the right coins to add in your portfolio.
sr. member
Activity: 1554
Merit: 334
November 16, 2019, 10:11:10 PM
#19
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.
full member
Activity: 546
Merit: 122
★777Coin.com★ Fun BTC Casino!
November 16, 2019, 10:10:01 PM
#18
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 tend to hold multiple crypto coin holding for a purpose. I usually make my portfolio 50% for Bitcoin and 50% for the altcoins such as XRP, ETH, XRM, and etc. The reason why I do that is because I believe that Bitcoin is becoming more aggressive than altcoins which the tendency is that it can go the moon leaving every altcoins behind. On the other hand, we should also consider that some altcoins will be able to go with BTC and possible will gain value more aggressively thus we should give attention on it also IMO.
sr. member
Activity: 896
Merit: 267
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November 16, 2019, 10:09:07 PM
#17
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 i were to hold a single currency it will surely be bitcoin but i do not prefer holding or investing my money on just a single coin, imagine what will happen if the currency you are holding losses its value then you would not have anything in your portfolio to back it up because it is a 100% whatevery currency you are holding, multiple crypto holding is a must do for us.
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

Well maybe it is still a good time to invest on some really good altcoins out there because bitcoin halving may increase btc price next year and btc affects the price of the altcoins so you may also consider buying some good altcoins.
sr. member
Activity: 1484
Merit: 253
November 16, 2019, 09:47:34 PM
#16
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?

Most of crypto experts are never recommend to hold only one coin or even less than 5 coins on the whole portofolio. Holding many alts and bitcoin but with bitcoin dominance in our portofolio is always a best option for crypto investors because holding just one coin is really risky to our investment because a coin could experience a sudden drops that will make us panic because we'll see our portofolio drops so deep

Experts has no distinct way in which will still depend on their experienced as well as their technique and strategies. Nowadays, makes all of us very miserable due to the bearish market in the word of crypto currency community. Hopefully, soon it will pump as wish by many investors as well as those users as what was happened way back 2017 last quarter.
sr. member
Activity: 980
Merit: 252
November 16, 2019, 09:37:07 PM
#15
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?

Most of crypto experts are never recommend to hold only one coin or even less than 5 coins on the whole portofolio. Holding many alts and bitcoin but with bitcoin dominance in our portofolio is always a best option for crypto investors because holding just one coin is really risky to our investment because a coin could experience a sudden drops that will make us panic because we'll see our portofolio drops so deep
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