Bitcoin or altcoins - page 12. | Bitcointalksearch.org

blockman

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Quote from: ReiMomo on September 12, 2021, 01:18:48 PM

I preferred both to invest. But yes, the major part goes to altcoin. Invested on the best top altcoins. Have bought coins which were less than a dollar so that the profit would be higher than investing on coins which are above $5 or $10 dollars.

I will stick to my plan of going with the major of my portfolio with bitcoin. It isn't bad to invest in altcoins as long as they're not just random altcoins that has been shilled somewhere and you believed of buying it will make you rich. That's how the situation of others and they're gullible to buy altcoins that they don't know and quick in buying it that leads them in losing their money.

Quote from: ReiMomo on September 12, 2021, 01:18:48 PM

Since I had a little to invest, I choose altcoins. But yes, Bitcoin is again the best coin to invest as much as we can.

You can still invest with bitcoin continuously and just do the most common strategy for folks like us that don't have that much, the dollar cost averaging.

ReiMomo

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I preferred both to invest. But yes, the major part goes to altcoin. Invested on the best top altcoins. Have bought coins which were less than a dollar so that the profit would be higher than investing on coins which are above $5 or $10 dollars. Since I had a little to invest, I choose altcoins. But yes, Bitcoin is again the best coin to invest as much as we can.

SquallLeonhart

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Quote from: goinmerry on September 11, 2021, 03:28:14 AM

The past performance can't guarantee future results but if there's a sequence anyone is referring to as their foundation to their next strategy then it's good to use those rather than speculating with no fundamental support.

There are lots of sequences that anyone already noticed during years of monitoring the market.

Now up to us how we looked at the market situation and create a certain strategy for it.

Biggest reason past performance can't be used for future is the amount of money required. Just to give an example, bitcoin was 1 dollar at some point in life, and even if we take 100 dollars into calculation which was only 5 or so years ago, then we could say that it has gone up 500x right? Since the start it has gone up a lot more but since the start it has gone up 500x easily.

So, if we were to see the same exact number right now, that would require the price to be 20+ million dollars. It is a lot easier to move something from 100 dollars to 50k, it is a whole another story to do it from 50k to 20+ million dollars. This is why past performance can't be used to check future possibility.

Rajamuda

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Quote from: meanwords on September 12, 2021, 09:39:36 AM

Quote from: cheezcarls on September 12, 2021, 06:55:15 AM

I didn’t have any BTC right now. The last time that I hold Bitcoin was on early December 2020 before that big pump commenced. I still regretted that day when I’ve sold my BTC for USDT. Now I am holding mostly ETH and some of the altcoins that I’m bullish until today. However, most of the coins and tokens that I have in my wallets are nothing but shitcoins lol.

Well it's still not too late to invest in Bitcoin again because we just had a dipped. You might regret it again when Bitcoin reached $100,000 someday. Although it's uncertain when, but the possibility is still there just like how we all dream of getting $50,000 each.

The point is that the opportunity is still wide open, Bitcoin/Altcoins is still a hope that promises profits in the long term, here a strong commitment and patience is really needed. Although we don't know for sure when it promises high profits, the popularity and role of Bitcoin/Altcoins itself are increasingly prominent in today's economic life, this has the potential to reach the future.

meanwords

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Quote from: cheezcarls on September 12, 2021, 06:55:15 AM

I didn’t have any BTC right now. The last time that I hold Bitcoin was on early December 2020 before that big pump commenced. I still regretted that day when I’ve sold my BTC for USDT. Now I am holding mostly ETH and some of the altcoins that I’m bullish until today. However, most of the coins and tokens that I have in my wallets are nothing but shitcoins lol.

Well it's still not too late to invest in Bitcoin again because we just had a dipped. You might regret it again when Bitcoin reached $100,000 someday. Although it's uncertain when, but the possibility is still there just like how we all dream of getting $50,000 each.

bryant.coleman

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Quote from: cheezcarls on September 12, 2021, 06:55:15 AM

I didn’t have any BTC right now. The last time that I hold Bitcoin was on early December 2020 before that big pump commenced. I still regretted that day when I’ve sold my BTC for USDT. Now I am holding mostly ETH and some of the altcoins that I’m bullish until today. However, most of the coins and tokens that I have in my wallets are nothing but shitcoins lol.

I am quite surprised. There is no point in holding USDT for the long term, when it is less safer than US Dollar. And even more surprising is the fact that you sold your BTC on December 2020. The rally started in October 2020, and you sold your coins when the rally was still ongoing. There can't be a more idiotic decision than this one. It would have been still OK, if you had converted your BTC to some altcoin like ETH or ADA or BNB (even DOGE would have been fine). But USDT? I am really perplexed and can't find any logic in this.

TheGreatPython

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Quote from: Sir Legend on September 07, 2021, 01:35:33 AM

choosing both is a better thing, currently there are many choices of altcoins because they are supported by large companies, by dividing the investment portion, we have the opportunity to get big profits, I think we need a long time to get 10x profit with bitcoin, but with altcoins then for profit 100x easier.

Earning up to 100 times profits in your investment doesn't come as easy as you think. Where investing in alternative coins you really have to be careful, because there are so many of them that are not worth investing in, and when you invest in such coins you stand a really big chance of losing your capital. So, we thought investing in any alternative coin you have to be sure of what you are getting into, check the team behind the project and know whether it will be worth it and also look at the idea.

Bitcoin is usually safe and those who are invested in it are on the safer side because there is always opportunity to earn profit from it. As for the alternative coins are preferred to invest in Ethereum first before any other.

blckhawk

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Quote from: cheezcarls on September 12, 2021, 06:55:15 AM

I didn’t have any BTC right now. The last time that I hold Bitcoin was on early December 2020 before that big pump commenced. I still regretted that day when I’ve sold my BTC for USDT. Now I am holding mostly ETH and some of the altcoins that I’m bullish until today. However, most of the coins and tokens that I have in my wallets are nothing but shitcoins lol.

You must have a really big reason as to why you've sold your bitcoin. If it's not regrettable then probably you shouldn't wallow too much on those decisions, you will still be able to start over, I mean it's not too late, you can still accumulate bitcoins.

cheezcarls

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I didn’t have any BTC right now. The last time that I hold Bitcoin was on early December 2020 before that big pump commenced. I still regretted that day when I’ve sold my BTC for USDT. Now I am holding mostly ETH and some of the altcoins that I’m bullish until today. However, most of the coins and tokens that I have in my wallets are nothing but shitcoins lol.

Bitcoin Seller

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Quote from: BobKnd71 on August 30, 2021, 02:33:43 PM

I have been watching this market for a long time.

It seems that in the early part of a bull market, Bitcoin goes up faster than altcoins (ie Bitcoin dominance goes up.) In the late part of a bull market, Bitcoin still goes up but altcoins go up even better (ie Bitcoin dominance goes down.)

In a bear market, altcoins fall faster than Bitcoin (ie Bitcoin dominance recovers somewhat but has to wait for the next bull market to go really high.)

So, it would seem the correct play is to buy altcoins at this point, and then convert them into Bitcoin (or sell) when you see the bull market ending?

Any thoughts?

[I used to post as BobK71, and am using a new account after some logistical mixup.]

It will be a good strategy,but it is not so easy to guess the right time when to buy and convert. You are right describing all this process. Firstly, Bitcoin starts growing and all altcoins follow its trend, but as their market cap is lower than Bitcoin's they can grow much more. And then Bitcoin starts decreasing and altcoins drop very fast. My strategy is just to diversify and get rid of altcoins when I see that Bitcoin starts falling.

iv4n

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Quote from: Rasa nanas on September 11, 2021, 12:10:03 PM

Quote from: sumant on September 11, 2021, 02:46:10 AM

In this world many people make large money when cryptocurrency first comes and everything go 1000x but now it is not possible because there are many thousand cryptocurrency in running. Bitcoin is also a coin like altocoins. It will be difficult to choose between BTC and altocoins nobody knows what is coming up next. We should understand the project and then invest. Thank you

it means more options as an investment. is that not a good thing?
in 2017 many people made money just by participating in bounties and airdrops, and of course 2017 is not the first time cryptocurrencies have appeared. This has nothing to do with a bear market or a bull market, but has something to do with investor confidence in the new altcoins.

I think we can deny the fact, there are good crypto projects, with huge potential. Bitcoin is number one for a reason, but who can say that others like Ethereum, Digibyte, Tezos, BNB are not good? I think they proved as good projects to people who follow the crypto stage.
Bitcoin always, but I would definitely advise people to choose some alts as well... If you plan to have a crypto portfolio it should be diversified.

Rasa nanas

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Quote from: sumant on September 11, 2021, 02:46:10 AM

In this world many people make large money when cryptocurrency first comes and everything go 1000x but now it is not possible because there are many thousand cryptocurrency in running. Bitcoin is also a coin like altocoins. It will be difficult to choose between BTC and altocoins nobody knows what is coming up next. We should understand the project and then invest. Thank you

it means more options as an investment. is that not a good thing?
in 2017 many people made money just by participating in bounties and airdrops, and of course 2017 is not the first time cryptocurrencies have appeared. This has nothing to do with a bear market or a bull market, but has something to do with investor confidence in the new altcoins.

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Quote from: BobKnd71 on August 30, 2021, 02:33:43 PM

I have been watching this market for a long time.

It seems that in the early part of a bull market, Bitcoin goes up faster than altcoins (ie Bitcoin dominance goes up.) In the late part of a bull market, Bitcoin still goes up but altcoins go up even better (ie Bitcoin dominance goes down.)

In a bear market, altcoins fall faster than Bitcoin (ie Bitcoin dominance recovers somewhat but has to wait for the next bull market to go really high.)

So, it would seem the correct play is to buy altcoins at this point, and then convert them into Bitcoin (or sell) when you see the bull market ending?

Any thoughts?

[I used to post as BobK71, and am using a new account after some logistical mixup.]

Whether investing in Bitcoin or altcoins, you must learn to analyze market trends. Many people choose to invest in Bitcoin because Bitcoin is worth investing in and it is relatively stable. Most altcoins will also change with the trend of Bitcoin.
It is recommended to invest in Bitcoin. To understand the market conditions, you can choose to invest in altcoins.
Both can be very profitable.

goinmerry

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The past performance can't guarantee future results but if there's a sequence anyone is referring to as their foundation to their next strategy then it's good to use those rather than speculating with no fundamental support.

There are lots of sequences that anyone already noticed during years of monitoring the market.

Now up to us how we looked at the market situation and create a certain strategy for it.

monineklutak

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Quote from: Pom_bensin on September 10, 2021, 12:57:03 AM

Quote from: BobKnd71 on August 30, 2021, 02:33:43 PM

I have been watching this market for a long time.

It seems that in the early part of a bull market, Bitcoin goes up faster than altcoins (ie Bitcoin dominance goes up.) In the late part of a bull market, Bitcoin still goes up but altcoins go up even better (ie Bitcoin dominance goes down.)

In a bear market, altcoins fall faster than Bitcoin (ie Bitcoin dominance recovers somewhat but has to wait for the next bull market to go really high.)

So, it would seem the correct play is to buy altcoins at this point, and then convert them into Bitcoin (or sell) when you see the bull market ending?

Any thoughts?

[I used to post as BobK71, and am using a new account after some logistical mixup.]

it has happened every season when bitcoin has gone up fast and altcoin has gone down fast. i think when the altcoin market bears might buy it's great, but if it's converted to bitcoin it's not worth it. you have to wait for altcoins to increase and be converted to bitcoin so that you still have a profit

When bearish we should take advantage of the time to buy some potential altcoins,
however before buying at least we do research and analysis is important,
but again, everyone has their own way of determining which coins are good and which are not

sumant

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In this world many people make large money when cryptocurrency first comes and everything go 1000x but now it is not possible because there are many thousand cryptocurrency in running. Bitcoin is also a coin like altocoins. It will be difficult to choose between BTC and altocoins nobody knows what is coming up next. We should understand the project and then invest. Thank you

Pom_bensin

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Quote from: BobKnd71 on August 30, 2021, 02:33:43 PM

I have been watching this market for a long time.

It seems that in the early part of a bull market, Bitcoin goes up faster than altcoins (ie Bitcoin dominance goes up.) In the late part of a bull market, Bitcoin still goes up but altcoins go up even better (ie Bitcoin dominance goes down.)

In a bear market, altcoins fall faster than Bitcoin (ie Bitcoin dominance recovers somewhat but has to wait for the next bull market to go really high.)

So, it would seem the correct play is to buy altcoins at this point, and then convert them into Bitcoin (or sell) when you see the bull market ending?

Any thoughts?

[I used to post as BobK71, and am using a new account after some logistical mixup.]

it has happened every season when bitcoin has gone up fast and altcoin has gone down fast. i think when the altcoin market bears might buy it's great, but if it's converted to bitcoin it's not worth it. you have to wait for altcoins to increase and be converted to bitcoin so that you still have a profit

LUCKMCFLY

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Quote from: ziyaaa on September 05, 2021, 01:20:04 PM

You can prefer Bitcoin and altcoins at the same time now I believe. Not only Bitcoin but also altcoins like Ethereum (especially) and BNB are also on the rise now. It is your choice to decide which one of them you will invest into the most. It feels like Bitcoin can double its price even in this year if we get a new bull market. Or maybe it can achieve this level in 2022. You can think of investing into Ethereum also as it is increasing very quickly these days.

You are right, when you review the market value of BTC, you see that it is an upward trend, but do not be confused, it is a trend that can be invalidated at any time with a very strong bearish attack, however the alts respond to the direction that the BTC takes.
Now there is a market like the NFT market, which is taking place under many conditions, there is a lot of demand and supply entering that market, of course this is an additional market, at the moment the market as NFT games is having a lot of success , which is what is sounding a lot for now, this is an option that many are taking.

Shasha80

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Quote from: awik p on September 07, 2021, 10:50:43 PM

Quote from: Shasha80 on September 07, 2021, 06:30:42 PM

Quote from: CapGelatik on September 07, 2021, 03:20:04 PM

Quote from: Sir Legend on September 07, 2021, 01:35:33 AM

Quote from: dark1234 on September 05, 2021, 05:25:09 AM

~

Before investing in altcoins we need to do research first and analyze them,
it's important because there are a lot of coins and to minimize the risk too,
that way we can choose the right coin for investment

Investing in altcoins is very risky compared to investing in Bitcoin, because there are so many altcoins circulating today. And the problem is not all of
them are good and can generate profits. I agree with you, before deciding to invest in altcoins, it is better to do research and analysis first. So that
we can choose potential coins and avoid shitcoins. But for those who can't do research and analysis well, I suggest focusing on investing in Bitcoin only.
Or if we really want to try investing in altcoins, we can first try to buy the top 10 altcoins, it's safer to do.

but if we have a lot of free time, then it never hurts to do research on potential altcoins, or we can choose altcoins at the top rankings such as ethereum and binance which are safe to invest. but indeed for me of course do not put capital in just one coin, of course we must have more knowledge to increase wealth, and learn to look for opportunities from many altcoins

Indeed, it is better to invest not only in one coin, so the profit we make can be much bigger. But the problem is, not everyone is able to choose
the right coins for investment, because if we choose the wrong coins, the risk is that we will lose the capital we have. So learn first how to do
research and analysis well, after that it will make it easier for us to choose coins for investment.

bakasabo

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Quote from: dimox on September 08, 2021, 02:02:43 AM

and bitcoin is the best choice when you want to hold coin, and avoid to thing about it price.

That is nearly impossible. As soon as persons makes his first investment in any cryptocurrency, he becomes addicted to checking how his money are doing. That is just persons nature to be inquisitive as minimum and be worried as maximum.
I think there is not a single person in the world who has bought cryptocurrency, forget about that so much, that he did not read any news, check prices, calculate investments value. People will unintentionally find crypto related info everywhere.

Topic: Bitcoin or altcoins - page 12. (Read 2295 times)