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Topic: Altcoins or Bitcoin? - page 5. (Read 2171 times)

member
Activity: 1358
Merit: 81
December 06, 2019, 03:02:59 AM
In my portfolio, I only manage 20% of BTC and Hold for a while. The rest are altcoins that HOLD while showing some growth. I buy some and also sell them. With the ether, I always do Swap to Bitcoin to send money to my bank account. I love projects that want to simplify all these processes that we live on a daily basis to obtain fiat money or when we want to obtain our local currency through crypto.

sr. member
Activity: 1372
Merit: 264
December 06, 2019, 01:34:21 AM
As of today i have over 70% of altcoins holding since take advantage of the bitcoin's price hike and bought a lot of altcoins since i think it will rise their value again maybe by the end of this month,

And i will sell it again once thr vakue of bitcoin start to go up again since were just doing a buy and sell.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
December 05, 2019, 11:28:06 PM
I think holding only altcoins in your portfolio is not a good decision as a trader because both altcoins are bitcoin is important to diversify your portfolio.  I won't recommend this type of portfolio.

The altcoins will always depend on the value and movements of Bitcoin, that is why no Altcoin will be able to reach the bitcoin gained ground, when Bitcoin falls in price the altcoins fall very intensely, one way to take advantage of these movements is to make them "Short" by Fall time and get benefits from there, but really using the altcoins as a refuge is not a good idea.

The case of Bitcoin as an investment and refuge is something totally different, the only way it is recommended to buy Altcoins is when there is confirmation that Bitcoin is in bullish trend, because automatically the altcoins rise with great intensity.
full member
Activity: 1736
Merit: 116
December 05, 2019, 06:28:31 PM
If for current market conditions I recommend 100% bitcoin portfolio is safer and more profitable. Because of the price of altcoins
very bad at the moment, so it is very dangerous if we intend to trade at altcoins. If we see bitcoin becoming more dominant now
that is almost 70% is very good if we buy bitcoin for now. Keep doing regular analysis of bitcoin and altcoin, because with current
conditions price movements can change quickly suddenly. Don't make us wrong make decisions.
full member
Activity: 602
Merit: 100
December 05, 2019, 06:13:17 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.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
December 05, 2019, 10:24:10 AM
Altcoins are in a state or season to defend there existence in this space. The successful ones will get themselves rooted irrespective of bitcoin bullrun, this will depend on the real life use case of such coin. After the next bullrun, most of the CEO of those projects would have gone through a cycle in altcoin and have better understanding of the market. I expect them to have enough money in the market as everyone to keep the value of the project all through the bear season.
sr. member
Activity: 685
Merit: 250
December 05, 2019, 09:29:22 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 what I am doing so far was I am holding several crypto's on my wallet personally. Because I do believed that doing it was one of the most effective way for me to gain a lot of bitcoin in the future. In a cheapest price amount of the coin it could be multiply for use more x10 or more especially when bulls resume to its original place and time I guess.
member
Activity: 318
Merit: 10
December 04, 2019, 03:26:55 PM
Really depends on what you are looking for. If you're a strategic longterm investor then buy btc and hold it till it explodes again, really subjective. I prefer 70% BTC and 30%alts: XRP, NWC, XLM...
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
December 04, 2019, 02:05:31 PM
Both bitcoin and altcoins are very high risk investment, if you looking for super duper mega ultra double extra safe then you should go for property investment Grin .
But first of all op you should never ask for financial advice here, there's a lot of people randomly giving thoughts around, take this discussion as a consideration but never pick it 100% .

Always making plan B if your investment went wrong, don't put your money in a single investment that's the fatal mistake made by newcomers and educate yourself to manage money properly, that's all the basic instruments that every investor/hodler should have.
This is important, since we are being asked a question about how to invest then we're going to give an answer, however it will be really irresponsible to take the advice of anyone here and follow it 100%, the right approach will be to take all of the responses here with a grain of salt and investigate the few opinions that you think have some merit to it, this will take time but in the process you will learn a lot about the markets and you will be able to choose the right strategy for you.

I know that this approach works because this is what I have done, I read the responses of other people and when I see something interesting I make a research and see if they are right.
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
December 04, 2019, 01:03:06 PM
well, i am an altcoin lover, my 90% investment is with altcoin and 10 % in bitcoin but i am long term holder and I have made a decent profit in last few yrs also i will suggest invest only what you can afford to lose.if you can afford to lose then don't invest anything.
It's kinda a little bit rare to find someone who's interested more on altcoins more that bitcoin, like 90% of your investment is with altcoins. I personally prefer bitcoin than altcoins, I invested a lot of bitcoin in either trading or some other things. I usually invest the money that I can afford to lose ofc, It's not guaranteed to win anyway, and everyone should take some risk to make money, that's how it works.
jr. member
Activity: 236
Merit: 1
December 04, 2019, 11:47:19 AM
I think holding only altcoins in your portfolio is not a good decision as a trader because both altcoins are bitcoin is important to diversify your portfolio.  I won't recommend this type of portfolio.
sr. member
Activity: 952
Merit: 251
December 04, 2019, 10:59:02 AM
well, i am an altcoin lover, my 90% investment is with altcoin and 10 % in bitcoin but i am long term holder and I have made a decent profit in last few yrs also i will suggest invest only what you can afford to lose.if you can afford to lose then don't invest anything.
It’s about interest of the person that if he wants to earn money from altcoin or from bitcoin  as my first choice is to invest my money in bitcoin as bitcoin has more potential than other altcoin and bitcoin is the mother of altcoins. In case to have attraction For other altcoins I would keep the ratio of 60 percent in bitcoin and 40 in Alt coins.
hero member
Activity: 1624
Merit: 500
December 03, 2019, 11:06:09 AM
I'll chose both bitcoin and altcoin but only ETH. For me because it's battle tested despite countless bubbles they're still here, it has proven truly as a safe haven it may fall but the price and the support from its investors are solid. Especially ETH the feature smart contract is a game changer truly an innovation.
so far, I also only held the two coins. but, my assets are more in ethereum now. I believe that at the beginning of the year the price will rise first compared to bitcoin. some people choose binance coins, or litecoin as good altcoin to hold. however, both are quite worth having, but we also need to choose potential altcoins.
full member
Activity: 644
Merit: 127
★Bitvest.io★ Play Plinko or Invest!
December 03, 2019, 10:10:11 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 me, Holding one cryptocurrency is not a good idea I rather separate my money or investment in different cryptocurrency than putting it one currency. Maybe the good decision will in a 50% altcoin portfolio and another 50% portfolio be on bitcoin. I always do holding multiple cryptocurrencies and I know it's riskier to invest in one cryptocurrency than separating it. Be a good trader or investor and always make sure that you will not only stick in one currency because there are some good opportunities in other currencies.
hero member
Activity: 1526
Merit: 501
DGbet.fun - Crypto Sportsbook
December 03, 2019, 09:54:14 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?
Many people will choose bitcoin because have stable price and when bitcoin down can back up to higher price, just some people want to invest with altcoin and have big risk when altcoin have lower price need three years later to get back our investment money in altcoin, but have benefit by investing with altcoin because can increase to higher price more than 100%.
The advantage of bitcoin is its durability and outstanding growth after incidents but apparently, the cycle of this process is relatively long, sometimes months, sometimes almost a year, depending on manipulation, our money really won't grow if we don't have too much money and time to buy bitcoin. Altcoins do not have superior parameters and are more risky, but profits will be faster, and unlike you say, many people choose this option, instead of holding bitcoin because the reaction to altcoins is very regular, understanding this rule, our wallet will thicken very quickly
sr. member
Activity: 952
Merit: 274
December 03, 2019, 09:23:42 AM
It is not good risk management if you will put 100% of your funds in bitcoin or altcoin. Diversify your capital and it is good strategy. There is no guarantee that you will earn money if you will put the 100% of your money in an specific coin. What if the coin that you bought goes down? of course you will get panic because you lose huge amount of money.
jr. member
Activity: 158
Merit: 1
December 03, 2019, 08:35:54 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?

We must think wise, you can see how bitcoin, ethereum are raised up in 2017. We just waiting the big moment to their raising.
YOu must hold bitcoin and ethereum
sr. member
Activity: 1400
Merit: 269
December 03, 2019, 08:06:57 AM
I'll chose both bitcoin and altcoin but only ETH. For me because it's battle tested despite countless bubbles they're still here, it has proven truly as a safe haven it may fall but the price and the support from its investors are solid. Especially ETH the feature smart contract is a game changer truly an innovation.
sr. member
Activity: 1036
Merit: 281
December 03, 2019, 08:05:47 AM
Allocation of your funds are always important to consider. It is better if you will divide your capital in to 4 parts or 25%. For example the 25% is in the bitcoin, the other 75% is in the top 3 altcoins that have high capitalization and have high volume. Do not buy shitcoins or altcoins that have no volume because for sure it can be a dead coin soon.
hero member
Activity: 1132
Merit: 536
December 03, 2019, 07:48:46 AM
well, i am an altcoin lover, my 90% investment is with altcoin and 10 % in bitcoin but i am long term holder and I have made a decent profit in last few yrs also i will suggest invest only what you can afford to lose.if you can afford to lose then don't invest anything.
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