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Topic: Altcoins or Bitcoin? - page 3. (Read 2148 times)

newbie
Activity: 4
Merit: 0
December 12, 2019, 10:38:36 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?


What's the opinion on staking alt-coins? I have seen a whole lot of news about staking this year and it looks like the industry norm nowadays. I'm looking to find out the pros and cons of it as I heard there is a lot that can be said about the tokens and cryptocurrencies that use this as opposed to traditional methods. I also heard that more and more exchange platforms are offering it directly via their service and there are more formats by which to get involved than before. It definitely looks like an easy way to build on my existing investments via the rewards that it offers but sometimes I think it sounds too good to be true and there must be some kind of cons to doing so. What do you guys think? Should I start staking or just stick to what I know and invest directly in tokens?
jr. member
Activity: 38
Merit: 10
December 12, 2019, 01:58:24 AM
I would go with a mix of both but I'm more inclined towards bitcoin. Grin
hero member
Activity: 2072
Merit: 503
December 12, 2019, 01:48:11 AM
For better, You can choose Altcoin 50% and Bitcoin%, but you should really choose the potential Altcoin as you mentioned, ETH and BCH. Because I think the two Altcoins have a good future so it's very suitable for long-term investment. Bitcoin is always the best choice if you start doubt.
if you are confused with that, split it 50% bitcoin and 50% altcoin. however, for altcoin, it does have to be popular altcoin which has potential. actually ETH and BNB are enough, but if you have more assets, I suggest also to have another altcoin, especially the top 10 coins besides USDT.
sr. member
Activity: 1792
Merit: 264
www.licx.io
December 11, 2019, 11:53:32 PM
If I have to choose one, then I choose the main bitcoin because bitcoin is the main coin of cryotocurrency, most people choose bitcoin in the long run because it is not too risky like altcoin, there are good altcoins like ETH and BCH both always follow the bitcoin chart every when, for me holding altcoin in the long and short term is not a good decision at the moment

bitcoin is indeed far more profitable if it is invested for the long term, because the cryptocurrency market or other types of coins all depend on bitcoin market price movements. although there are some types of altcoin that are quite potential, but when the price increases it certainly follows the bitcoin price movements.
sr. member
Activity: 1848
Merit: 328
December 11, 2019, 01:07:27 PM
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 would be nice if you are a Holder, you hold both Bitcoin and Altcoin because that way you will get a double benefit from what you hold if both have gone up. but have to be patient when the price starts to fall or you buy more to hold.
I see it as a simple maths

Bitcoins - Best for price trading and holding because there will never be a time when you wake up and see BTC being reduced to half the price when you went to bed so it's good for hold because the price goes bonkers when it rises but does not go down too much.

Altcoins - Best for high risk traders who don't mind loosing all the investment but are looking for HIGH PROFITS in short period of time.

If you wish to earn more in less amount of time, then go for altcoins while if you are a serious trader who looks solid but small profits BTC if your best bet.
sr. member
Activity: 1246
Merit: 254
Trphy.io
December 11, 2019, 11:51:25 AM
For better, You can choose Altcoin 50% and Bitcoin%, but you should really choose the potential Altcoin as you mentioned, ETH and BCH. Because I think the two Altcoins have a good future so it's very suitable for long-term investment. Bitcoin is always the best choice if you start doubt.
sr. member
Activity: 742
Merit: 397
December 11, 2019, 11:43:56 AM
Bitcoin is far better than Altcoin and always gives good returns and is always profitable, so I think it's natural that Bitcoin is the best choice in investment and the most popular.
and besides I own bitcoin, I also have several Altcoins like Ethereum and Litecoin which I have long believed and have the potential to benefit in the long run.
If you are an investor then you will say that bitcoin is far better than altcoin. But for the minority of the cryptocurrency space, the traders, they prefer altcoins compare to bitcoin because altcoins are more volatile than bitcoin and it can bring you an easy profit up to 10% in just a day which attracts people from bitcoin to put up their money into altcoins.
sr. member
Activity: 2366
Merit: 448
SOL.BIOKRIPT.COM
December 11, 2019, 10:36:18 AM
Bitcoin is far better than Altcoin and always gives good returns and is always profitable, so I think it's natural that Bitcoin is the best choice in investment and the most popular.
and besides I own bitcoin, I also have several Altcoins like Ethereum and Litecoin which I have long believed and have the potential to benefit in the long run.
full member
Activity: 1470
Merit: 135
★Bitvest.io★ Play Plinko or Invest!
December 11, 2019, 10:24:41 AM
Altcoin and good investment but I think Bitcoin is the best hold it can get you a lot of profit. The altcoin is new and Bitcoin is much older. The demand for it is high. Many people use Altcoin again. If Bitcoin is popular like Altcoin, many will use Altcoin. Everything is just a waste of time. There are also many differences between Bitcoin and Altcoin prices.

if you are choosing between to, I think bitcoin is the most profitable because if you are looking backwards about the history of the bitcoin, its start from the lower price and by the time goes by the amount of the coin rise up and reach over one thousand and four hundred dollars that kind of worth it was so vast and profitable if you are investor came from 2017, but today the cost of the coin goes down before coming 2020, and that was not quite good to us, many traders are changing their strategy and techniques to earn while the bitcoin is low, they use the altcoin because altcoins does not have a huge changes unlike the bitcoin and still the traders make a little amount of profit. Still, a profit is a profit it gives you additional money and source of income to you.
sr. member
Activity: 1148
Merit: 268
December 11, 2019, 04:34:20 AM
Altcoin and good investment but I think Bitcoin is the best hold it can get you a lot of profit. The altcoin is new and Bitcoin is much older. The demand for it is high. Many people use Altcoin again. If Bitcoin is popular like Altcoin, many will use Altcoin. Everything is just a waste of time. There are also many differences between Bitcoin and Altcoin prices.
hero member
Activity: 2072
Merit: 503
December 10, 2019, 08:44:35 PM
Hold both and trade some, I suggest that you should consider long term trading and long term trading to maximize the profit and minimize the risk. And please, don't trade any new coin or coin that doesn't have a reputation. So here is my example:

Currently, I divide my portfolio into:

50% Bitcoin
25% ETH
25% XRP

I have my own funds on trading. I do daily trade and mostly just scalping or minute trade, I suggest that when you are going to make daily trade make sure that you can maximize your time in watching those charts. Buy low sell High simple as that, and you will make a profit.
that's a good portfolio. for bitcoin 50% of assets, I totally agree, moreover there is a possibility that the price of bitcoin will go up high. for ethereum, 25% might be good enough, but I suggest increasing it to 30%. however, the development of XRP is not so good this year. I might prefer to hold 20% on BNB, or BCH. Well, BCH always follows the bitcoin trend, so when the price of bitcoin goes up, there is a possibility that the price of BCH will also go up.
sr. member
Activity: 887
Merit: 253
December 10, 2019, 01:47:50 PM
I should have kept everything in Bitcoin but some projects made me fascinated about them and put part of my BTC into them and hodling them all now. Hopefully, they will grow with time and my investments will yield. If there was an option to go back then I would never give away my bitcoin for alts.
Exactly beta coin to invest your money as long as you can. The more you buy bitcoin so it will make a profit for you. Right now the best time to have some bitcoins as after a few years it will be double in price then it will be lost.  Altcoins  good but only ETH for me is the good coin after bitcoin to invest our money as with few patients we will gain profit
Bitcoin is the most loved coin in the crypto market and people are really crazy about it for its tendency to reach unexpected and unbelievable prices. There is no doubt that the more number of bitcoin you have, the more chances you have of huge profits in the future. Well among altcoins, ethereum behaves like bitcoin and it is never a bad combination to have both bitcoin and ethereum in wallet for big money.
sr. member
Activity: 952
Merit: 251
December 10, 2019, 01:31:58 PM
I should have kept everything in Bitcoin but some projects made me fascinated about them and put part of my BTC into them and hodling them all now. Hopefully, they will grow with time and my investments will yield. If there was an option to go back then I would never give away my bitcoin for alts.
Investing in bitcoin is always the best optiion to invest in cryptocurrency, the chance of getting profits is high but the profits will not so high since the risk is low. In crypto currency the higher the higher profits if it's success. Thats why most people are holding more likely 50% or more bitcoin on their portofolio and the rest are for altcoin to get more profits to gamble their luck.
profits depend on capital if we invest in bitcoin, in fact all cryptos have the same high risk due to fluctuations. but indeed bitcoin is lower because it has a very large volume, so it is not easy to get a pump and dump scheme.
Anyone who will like or try to invest in bitcoin have not to think that there will be ever a pump and dump scheme because if they will go through the history of bitcoin they will see a continuous rise in the price chart of bitcoin. There are some dumps but in the long term there is a rise from the beginning. It is better if we invest in bitcoin then we wait and we will see a profit in our investment.
I know, here I say that for altcoin, because there are quite a lot of shitcoins so there are also many pump and dump schemes in altcoins. therefore I say it's better to choose bitcoin, especially next year there will be halving with a hype that is big enough so that it will make prices increase like previous history.

Bitcoin is always the best option for holding, agree there are many shit coin in the market which we are seeing many pumps and dump, there are many other potential coins in the market, which we have seen many potential coins which we are generating very good volumes in the market. So it is very good to hold some coins.

Yes no doubt in market so many altcoins are available but the best one I like is one and only Bitcoin. We should believe in bitcoin the most for making future investments we should keep bitcoin at priority in our portfolio and other altcoins are dependent on price of bitcoin and it’s only Bitcoin that keeps market move up and down with its demand and supply.
legendary
Activity: 2436
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
December 10, 2019, 09:33:45 AM
Hold both and trade some, I suggest that you should consider long term trading and long term trading to maximize the profit and minimize the risk. And please, don't trade any new coin or coin that doesn't have a reputation. So here is my example:

Currently, I divide my portfolio into:

50% Bitcoin
25% ETH
25% XRP

I have my own funds on trading. I do daily trade and mostly just scalping or minute trade, I suggest that when you are going to make daily trade make sure that you can maximize your time in watching those charts. Buy low sell High simple as that, and you will make a profit.
sr. member
Activity: 1701
Merit: 308
December 10, 2019, 05:08:15 AM
If I have to choose one, then I choose the main bitcoin because bitcoin is the main coin of cryotocurrency, most people choose bitcoin in the long run because it is not too risky like altcoin, there are good altcoins like ETH and BCH both always follow the bitcoin chart every when, for me holding altcoin in the long and short term is not a good decision at the moment
hero member
Activity: 2702
Merit: 704
Bitcoin is GOD
December 09, 2019, 01:54:36 PM
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 will suggest for you to spread your investment. Yes, Alts is gaining traction but suggesting  the Alts that should be HODL is not ideal. When you multi hold cryptocurrency,  it help you to know the best for long and short term growth. I also understand that some person would prefer holding bitcoin alone, but that would be centralized. Which when the challenges arise, the risk will be magnanimous.
Therefore, I will encourage spreading your investment on multi crypto assets.
Holding altcoins is a huge mistake, bitcoin right now is about 40% of its maximum value while most altcoins are only 10% of their maximum value, this means that bitcoin has held its value four times better than the average altcoin, we are not talking about a small difference here the difference is huge and while I have no doubt that bitcoin will eventually surpass its previous all time high I am not so sure that it's going to happen with most altcoins.

So it is obvious that the best strategy is to hold whatever bitcoin that you have as long as it is necessary for you to obtain profits but when it comes to altcoins if you decide to invest in them and you begin to notice a negative movement in those coins then you need to get rid of them.
sr. member
Activity: 938
Merit: 251
December 09, 2019, 01:19:15 PM
It all depends on how much risk versus reward that you're willing to take. Bitcoin would certainly be the much safer option in the long run, but it may not make you as much money as something new and exciting. At the same time, that new and exciting coin may end up not being worth anything at all. Bitcoin is safe. A lot of alts arent.
We are not talking about risk by investing with bitcoin or altcoin but depend how much money do you have to start for investing both bitcoin and altcoin, for investor have enough money maybe will invest with bitcoin but we are receiving money from bounty campaign looking for altcoin as destination for investing because have lower price and get much profit later after price is up.
hero member
Activity: 1666
Merit: 629
December 09, 2019, 12:54:11 PM
The preferences will change according to the preferred time, because these decisions have to be made periodically. For short-term investment or trading transactions, Bitcoin should be the only choice, because the dominance of Bitcoin in today's market is very high and leads the market. Alternatives can be preferred for medium and long-term investment or trading, because we know that successful projects on a long-term basis provide a very good profit margin. Therefore, after determining the time to invest or trade, it is necessary to decide what to buy.
hero member
Activity: 1498
Merit: 586
December 09, 2019, 11:50:40 AM
It all depends on how much risk versus reward that you're willing to take. Bitcoin would certainly be the much safer option in the long run, but it may not make you as much money as something new and exciting. At the same time, that new and exciting coin may end up not being worth anything at all. Bitcoin is safe. A lot of alts arent.
Yes, even you dont trade or do anything with bitcoin, still it will grow a lot and it will have a big profit since it is the top among all the coins and it has many traders that makes the market so unstable sometimes it is up and sometimes it is down , but I believe in the long way run in long term investment, we expect that bitcoin will hit $10000 again.
sr. member
Activity: 742
Merit: 397
December 09, 2019, 10:27:23 AM
I should have kept everything in Bitcoin but some projects made me fascinated about them and put part of my BTC into them and hodling them all now. Hopefully, they will grow with time and my investments will yield. If there was an option to go back then I would never give away my bitcoin for alts.
Investing in bitcoin is always the best optiion to invest in cryptocurrency, the chance of getting profits is high but the profits will not so high since the risk is low. In crypto currency the higher the higher profits if it's success. Thats why most people are holding more likely 50% or more bitcoin on their portofolio and the rest are for altcoin to get more profits to gamble their luck.
profits depend on capital if we invest in bitcoin, in fact all cryptos have the same high risk due to fluctuations. but indeed bitcoin is lower because it has a very large volume, so it is not easy to get a pump and dump scheme.
Anyone who will like or try to invest in bitcoin have not to think that there will be ever a pump and dump scheme because if they will go through the history of bitcoin they will see a continuous rise in the price chart of bitcoin. There are some dumps but in the long term there is a rise from the beginning. It is better if we invest in bitcoin then we wait and we will see a profit in our investment.
I know, here I say that for altcoin, because there are quite a lot of shitcoins so there are also many pump and dump schemes in altcoins. therefore I say it's better to choose bitcoin, especially next year there will be halving with a hype that is big enough so that it will make prices increase like previous history.

Bitcoin is always the best option for holding, agree there are many shit coin in the market which we are seeing many pumps and dump, there are many other potential coins in the market, which we have seen many potential coins which we are generating very good volumes in the market. So it is very good to hold some coins.

Based on the recent movements in the market, it seems that the altcoins are way better than bitcoin in making profit from holding. The altcoins are now moving up and they are giving some altcoin season vibes to the traders and a lot of people are now migrating from bitcoin to atlcoin. Yes, there are shit coins in the market and they are a lot but if you just invest time to research and filter them out then you will find the good ones.
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