Bitcoin still or altcoins | Bitcointalksearch.org

Ashong Salonga

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Quote from: Byakuga on January 10, 2020, 10:49:17 AM

Putting all my money on bitcoin is more smarter than going for altcoins? I think bitcoin will always surge even if it loses value today, i never think twice about this anymore because in the past if i never switched to altcoin i would have be in big profit today, what do you guys think about my plan? Stupid or 👍

Well, that will always be the safest option and action whenever you want to ensure that your investment will sure to get profit because we have already seen too many times that Bitcoin is always making to rise up its price whenever it experience downfall which makes it the most in demand cryptocurrency of all times. But the world of cryptocurrency is too wide to enclose ourselves into just one cryptocurrency. Although Bitcoin is enough because it is secured and you can assure to get profit whenever you invest into it, but there are also lots of potential Altcoins within the market that are worthy for investment. Maybe you can just put even 20%-40% of your total investment into the part of Altcoins and the major percentage for Bitcoin. We must take all the opportunities possible because we are in a vast world of cryptocurrency and Bitcoin is not just the only existing and potential cryptocurrency that is existing so we must grab the opportunity of exploring and investing into it as well.

magnum cyber

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It doesn't matter if you just realize it, actually I've also experienced the same thing, especially not investing in bitcoin in the past. on the one hand, based on the lack of capital to buy btc, so I can only choose altcoin investments. but over time I do not regret it, because slowly I have redeemed and can buy BTC from the results of the altcoin investment.

mobilestrike

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Quote from: Jiyens3 on January 19, 2020, 03:10:39 PM

Quote from: Byakuga on January 10, 2020, 10:49:17 AM

Putting all my money on bitcoin is more smarter than going for altcoins? I think bitcoin will always surge even if it loses value today, i never think twice about this anymore because in the past if i never switched to altcoin i would have be in big profit today, what do you guys think about my plan? Stupid or 👍

good choice. having bitcoin better than altcoins. look the history, altcoin difficult to reach good price in 2019 it make holders or investors of altcoins dissapointed and after that many people thinking better move to bitcoin than stay hold with altcoins, because when the conditions like that difficult to make profit from altcoins

Actually this is the time for halving of bitcoin mining reward for the miners that is why everyone is thinking that the price of bitcoin will increase higher than any altcoin and everyone is investing their money in bitcoin and giving a value to the bitcoin. I am sure that within this period or after the halving people will also like to increase the amount of their bitcoin so they will also start altcoin trade and with this the price of altcoins will also increase.

wxa7115

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Quote from: mcnocon2 on January 18, 2020, 09:39:19 PM

No doubt that bitcoin have a higher chance of increasing more than altcoins but if you want to take some risks then why not diversify your portfolio into 70percent bitcoins and 30percent altcoins. Its risky but I know its worth it when your altcoins will increase much more than bitcoin in the long run.

That will depend entirely on what altcoins you put in that portfolio, if the 30% of the money you invested is in ieos or in icos then you are not going to get too much success because most of those coins are going to crash and disappear in just a few months.

In that case it will be preferable to just invest all your money in bitcoin but if you put some of the best altcoins the market has to offer like ethereum, BNB, monero and others then most likely your performance is going to be better than if you just held bitcoin.

Jiyens3

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Quote from: Byakuga on January 10, 2020, 10:49:17 AM

Putting all my money on bitcoin is more smarter than going for altcoins? I think bitcoin will always surge even if it loses value today, i never think twice about this anymore because in the past if i never switched to altcoin i would have be in big profit today, what do you guys think about my plan? Stupid or 👍

good choice. having bitcoin better than altcoins. look the history, altcoin difficult to reach good price in 2019 it make holders or investors of altcoins dissapointed and after that many people thinking better move to bitcoin than stay hold with altcoins, because when the conditions like that difficult to make profit from altcoins

maruf01788

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If you want long time profit then you can Putting your all money in bitcoin. Bitcoin control all of coins and tokens. Everything is up and Down with bitcoin.
If you want short time profit then you putting you money in Altcoin. It's just my opinion.

Lauren Smith

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Stupid. Maybe because you invest in bitcoin you lose money. Investing in altcoins builds up your bitcoin stock and further increases it. So leaving out altcoins will make it hard to gather more bitcoins.

kambaralikhan

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Bitcoin for long term HODL and Altcoins for short term profits. You just can't stick to one option when it's comes to investment perspective.

StephenieDuong

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The best decision is putting all money into bitcoin because halving make all the altcoins crash. I believe this time, bitcoin will have a big bullrun and push the dominance to 80% and altcoins project have low value to the community will be crash.

pixie85

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People who choose altcoins over Bitcoin are usually of 3 types.
Type 1 doesn't know anything about cryptocurrencies and thinks they are all the same. They told him to buy some so he chooses one at random or goes to bitcoin.com and buys BCH thinking it's Bitcoin or SV because Satoshi Faketoshi is promoting it.
Type 2 chooses altcoins because he thinks Bitcoin is too expensive for him so he prefers to get 1 whole shitcoin than 0.01 of Bitcoin.
Type 3 is greedy and thinks alts will pump more than BTC.

Only type 3 I can understand but he wants to play a high risk game with high rewards. It not always works out.

setialovers

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Quote from: Byakuga on January 10, 2020, 10:49:17 AM

Putting all my money on bitcoin is more smarter than going for altcoins? I think bitcoin will always surge even if it loses value today, i never think twice about this anymore because in the past if i never switched to altcoin i would have be in big profit today, what do you guys think about my plan? Stupid or 👍

For now, in my opinion is the best choice for investing in Bitcoin. We can see the price movement of Bitcoin which still dominates the cryptocurrency market. Altcoin might have a chance but not many altcoins will be able to grow like what happened in 2017.

DevilSlayer

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For those high risk trader, altcoins are also better investments because of the potential rewards. I have position in both bitcoin and altcoins but my position in bitcoin is much higher because I recently bought when its price surpass the resistance. One of the altcoins that I have is ETH, it also recently breakout and it is the reason why I bought eth.

mcnocon2

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No doubt that bitcoin have a higher chance of increasing more than altcoins but if you want to take some risks then why not diversify your portfolio into 70percent bitcoins and 30percent altcoins. Its risky but I know its worth it when your altcoins will increase much more than bitcoin in the long run.

yulionoo

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Quote from: Byakuga on January 10, 2020, 10:49:17 AM

Putting all my money on bitcoin is more smarter than going for altcoins? I think bitcoin will always surge even if it loses value today, i never think twice about this anymore because in the past if i never switched to altcoin i would have be in big profit today, what do you guys think about my plan? Stupid or 👍

yes you are right op bitcoin is always better than altcoin. I know maybe there is an altcoin that can provide more benefits than bitcoin. but right now it's very difficult to find the right altcoin and I don't have much time to do research. so I also choose and sell all my altcoins for bitcoin. I am sure that in the future bitcoin can provide huge benefits.

Google+

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I think the OP is asking like this because he sees that bitcoin can be an alternative coin for making payments so maybe he considers bitcoin to be altcoin, whereas actually bitcoin is the main coin of all altcoins and the technology used by all cryptocurrency comes from blockchain technology owned by bitcoin, so for OP I think you need to stay calm because bitcoin and its technology are the main role of all cryptocurrency created.

gundala

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Quote from: Byakuga on January 10, 2020, 10:49:17 AM

Putting all my money on bitcoin is more smarter than going for altcoins? I think bitcoin will always surge even if it loses value today, i never think twice about this anymore because in the past if i never switched to altcoin i would have be in big profit today, what do you guys think about my plan? Stupid or 👍

First, what you have to understand is that every decision you make will have an impact, whether positive or negative, the most important thing is to respect the decision you make so that there is no deep regret. Basically bitcoin and altcoin are equally profitable, depending on your analysis and foresight in positioning yourself in the market, if you regret having bought altcoin and if hold bitcoin will get more profit, the question is whether you can survive to hold bitcoin when the price drops dramatically? it could be that you take it off before going up. So, let's be wiser, dividing investment in bitcoin and altcoin isn't bad either, instead it can be an alternative to avoid big losses.

kendedese

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it looks like you will think again after seeing the surge in BSV prices yesterday. in my opinion there will be no problem if you choose the right altcoin for investment, you can choose a large altcoin like ETH and XRP for your investment alternatives.

Shinpako09

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It's not stupid, you actually did the right decision. You have a better chance of making good profit in btc wether it's short or long term holding. We know btc is capable of increasing hundred or thousand of bucks in a short period of time while alts isn't. If you are a short time trader, you could have profited good already while you can't have it if you are in alts. Altcoin isn't that bad but it's just we chose to go in best. It's all about business, money making after all. It's not surprising to support the one we think we can profited the most.

flagpara

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Quote from: Byakuga on January 10, 2020, 10:49:17 AM

Putting all my money on bitcoin is more smarter than going for altcoins? I think bitcoin will always surge even if it loses value today, i never think twice about this anymore because in the past if i never switched to altcoin i would have be in big profit today, what do you guys think about my plan? Stupid or 👍

Now I think that I should change to Bitcoin from my all altcoins. Altcoins price was going down whether Bitcoin price is up or down. Before Bitcoin halving we shouldn't switch to altcoins. Put your all money in Bitcoin or Ethereum before two big announcement.

volport

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Again, it depends. You must be having industries you are interested in, so you see main problems on them. Talking about me, I am fond of attending different events, so I often face problems, when buying tickets. Kinda entire process is different depending on provider, resellers are always having large prices and from time to time sell fake tickets. Thus, blockchain must help on the market. The solution I have discovered is GET protocol. Guys are bringing blockchain to ticketing industry, making it much more transparent. And they are already doing great results - from partnering with Klaitn and Oerrock festival to more things being done already

Topic: Bitcoin still or altcoins (Read 1054 times)