Best time to hold other currencies aside from bitcoin

davis196

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Quote from: Xester on July 20, 2016, 08:37:48 AM

Aside from bitcoin being the center of attention we must also include other cryptocurrency that the virtual economy has to offer.
Bitcoin before from less a dollar has shown a tremendous increase in price that goes up to 700$.

That potential is also potent to other currency. So it is best if we will not only focus on bitcoin but rather the whole cryptocurrency economy.

And what other cryptocurrency do you suggest?

Altcoins can`t beat bitcoin and only speculators use them.

I think that 95% of the entire cryptocurrency economy is presented by bitcoin and 5%-by altcoins.

Gahs

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Bitcoin started out as an unknown coin before it got to limelight. The altcoin that is so cheap now could multiply in value two years from now, it's better to hold on to small amounts of viable altcoins in the market and watch how things will turn out.

Maesters1-

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i personally have no idea about any other currency except bitcoin, to me the one and the only trusted crypto currency is bitcoin and i have no experience about any other curry and i never invested my money in any other currency, to me investment in any other currency is too risky and i do not wan to wast my money in investing in any other currency except bitcoin.

expert4knowledge

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Quote from: pereira4 on July 20, 2016, 09:04:03 AM

Quote from: Xester on July 20, 2016, 08:37:48 AM

Aside from bitcoin being the center of attention we must also include other cryptocurrency that the virtual economy has to offer.
Bitcoin before from less a dollar has shown a tremendous increase in price that goes up to 700$.

That potential is also potent to other currency. So it is best if we will not only focus on bitcoin but rather the whole cryptocurrency economy.

BTC is the only one holding long term, but playing with alts can give you great results if you know when to buy and sell... it's all about timing.

Right now, MAID seems like a good buy. ETH can always pump... there's a lot of people involved even tho I don't like the coin.
XMR, I think will eventually pump too.

Bitcoin is the strongest and has the biggest market cap (based on 24 hours market cap it is $ 126,668,000) and other cryptocurrencies are suitable for trading but for long term investment bitcoin is better.

potatopower

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Quote from: BTcoint on July 25, 2016, 09:23:31 AM

i was thinking eth is the best to hold beside fct but by the time pass i see nothing good as bitcoin for the mean time , stick with bitcoin until we see the result of halving .

eth is a really great crypto to hold right now, i think it has really huge potential to grow a lot in the near future and make you big profit

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it is better to hold your currencies when they are low annd then sell it all after a big growth, after this buy back the currencies on low prices and repeat everything once again

Pattart

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Quote from: TastyChillySauce00 on July 25, 2016, 09:19:56 AM

Quote from: iqlimasyadiqa on July 24, 2016, 12:43:01 AM

Quote from: Xester on July 20, 2016, 08:37:48 AM

Aside from bitcoin being the center of attention we must also include other cryptocurrency that the virtual economy has to offer.
Bitcoin before from less a dollar has shown a tremendous increase in price that goes up to 700$.

That potential is also potent to other currency. So it is best if we will not only focus on bitcoin but rather the whole cryptocurrency economy.

yes, it's been started many other digital currencies are emerging. movement of altcoin faster and unpredictable. we can take advantage of this. look for other alternatives and too focused on bitcoin is a regret.

not yet till those developers really serious on their project not just let it become just a trading tools nor being developed to be the real currency which being used widely,most of altcoin now just being used to gather funds through ICO and then become a trading tools

Yeah most altcoin is not currently intended use as currency or payment methods, but they are more likely as a trading tool
because pf ICO coin and moreover it is hard for a currency or cryptocurrency to beat the popularity of bitcoin. eventhough etherum ?

155UE

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I'd hold on to the most popular and rising ones at the moment.
Those are ETHeruem and ETClassic. Those would be my first and second choices if I had some btc to spend to get some. Roll Eyes

extrabyte

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Quote from: Xester on July 20, 2016, 08:37:48 AM

Aside from bitcoin being the center of attention we must also include other cryptocurrency that the virtual economy has to offer.
Bitcoin before from less a dollar has shown a tremendous increase in price that goes up to 700$.

That potential is also potent to other currency. So it is best if we will not only focus on bitcoin but rather the whole cryptocurrency economy.

We are free to focus also on other cryptocurrencies as it is easy to check and hold other coins, I think we should not focus on many coins but a maximum of few altcoins is enough because we can't manage and check the exchange rate for each very often.

buyinbtc

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Quote from: BTcoint on July 25, 2016, 09:23:31 AM

i was thinking eth is the best to hold beside fct but by the time pass i see nothing good as bitcoin for the mean time , stick with bitcoin until we see the result of halving .

eth is not that good for holding because the price might be dropping right now because ethereum classic is going to be a far better thing

Doamader

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Currently invest into altcoins is being quite profitable for the most, im not doing it because i got bad experiences doing those. But with the halving price the altcoins are searching for their new value, soo those altcoins will and must readjust to the new bitcoin value, now the prixe mixed again we need to wait.

agustina2

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Quote from: Xester on July 20, 2016, 08:37:48 AM

Aside from bitcoin being the center of attention we must also include other cryptocurrency that the virtual economy has to offer.
Bitcoin before from less a dollar has shown a tremendous increase in price that goes up to 700$.

That potential is also potent to other currency. So it is best if we will not only focus on bitcoin but rather the whole cryptocurrency economy.

Disagree about focusing on other cryptos. Other cryptos are just made for "profit taking" and no such thing it has concern for the economy like bitcoin is doing today.

So if you want some different option to earn then try altcoin trading. But for focusing it, no way.

valta4065

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Hold other currencies ?

I mean like what? Other cryptos ? Bah, think it's more risky than anything else.

HeroCat

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Yes, can agree with this. ETH have millions USD in background, so may be it is best choice nowadays. Also Doge is very popular, for example in gambling. Bitcoin come first, and the others follow. Grin

Red-Apple

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i don't agree with any of this.

Quote from: Xester on July 20, 2016, 08:37:48 AM

Aside from bitcoin being the center of attention we must also include other cryptocurrency that the virtual economy has to offer.

no, you don't "have to" include anything in your portfolio. only buy those that you are interested in and think they have a good future, there is no obligation.

Quote

Bitcoin before from less a dollar has shown a tremendous increase in price that goes up to 700$.

again. this is only dreaming. the rise of bitcoin from $0.01 to $1200 is an exception and happened because of many different reasons, one of which was the fact that it was the first and only crypto that does what bitcoin does.

Quote

That potential is also potent to other currency. So it is best if we will not only focus on bitcoin but rather the whole cryptocurrency economy.

no it is not.
as long as there is bitcoin no other altcoin can rise up to bitcoin level.

although this doesn't mean that other altcoins can not be successful. and i don't mean pump and dump success like ethereum. i am talking about real success in the project. but the price can never go up to bitcoin level.

yayayo

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Quote from: Xester on July 20, 2016, 08:37:48 AM

Aside from bitcoin being the center of attention we must also include other cryptocurrency that the virtual economy has to offer.
Bitcoin before from less a dollar has shown a tremendous increase in price that goes up to 700$.

That potential is also potent to other currency. So it is best if we will not only focus on bitcoin but rather the whole cryptocurrency economy.

No. I disagree. You don't even give an argument for your claim.

Compared to Bitcoin, the other altcoins have almost no real world use. In fact, they greatly depend on Bitcoin, because Bitcoin is their reference currency. Bitcoin due to its first mover advantage and size has a strong network effect that draws in capital and development talent. Altcoins lack such a network effect and must be constantly marketed to prevent capital drain.

The advantages most altcoins offer are not really significant compared to Bitcoin. Moreover, it is likely that useful features that were first introduced by altcoins might be incorporated into Bitcoin later, leading to the demise of the altcoin that first introduced them.

ya.ya.yo!

ASHLIUSZ

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to be honest i didnt find any other currencies to be good aside from bitcoin, everyone use other alternatives and learn about everything but they have the main to be bitcoin.

Dudeperfect

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I agree with your statement up to some extent but there are literally no alternative crypto currencies as good as bitcoins. Yes, there are some currencies which are better than bitcoin but if we are considering the whole package I don’t see any good alternatives. Focusing on bitcoin will make it better and on the other hand we should also promote crypto currency as a technology because that’s what bitcoin is all about. Although there is only one major player (bitcoin) at the moment, but I think we will have more crypto currencies in future to compete with it (please don’t quote current shitty alternatives).

BTcoint

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i was thinking eth is the best to hold beside fct but by the time pass i see nothing good as bitcoin for the mean time , stick with bitcoin until we see the result of halving .

TastyChillySauce00

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Quote from: iqlimasyadiqa on July 24, 2016, 12:43:01 AM

Quote from: Xester on July 20, 2016, 08:37:48 AM

Aside from bitcoin being the center of attention we must also include other cryptocurrency that the virtual economy has to offer.
Bitcoin before from less a dollar has shown a tremendous increase in price that goes up to 700$.

That potential is also potent to other currency. So it is best if we will not only focus on bitcoin but rather the whole cryptocurrency economy.

yes, it's been started many other digital currencies are emerging. movement of altcoin faster and unpredictable. we can take advantage of this. look for other alternatives and too focused on bitcoin is a regret.

not yet till those developers really serious on their project not just let it become just a trading tools nor being developed to be the real currency which being used widely,most of altcoin now just being used to gather funds through ICO and then become a trading tools

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