Topic: Bitcoin still or altcoins - page 3. (Read 1097 times)
There is no stupid plan if we just cut our loses and move the left balance to get better place to invest in. I want give you additional strategy to buy bitcoin until you get the cheapest price. Don't buy at once, buy bitcoin partially, when it down 5% or whatever you want, you can buy again with the left balances.
not only you, even I personally think the same about you if I don't switch to altcoin or buy bitcoin when prices are cheap then I'm already a millionaire now. my advice is don't regret it, and even better if you have money then immediately buy and invest with bitcoin.
I think the answer to this topic is in two ways, some altcoins will do better than Bitcoin in terms of ROI, while Bitcoin will be far better than some others, the challenge will be how to know those altcoins.
Still both, that's the old way that is still actual. I always say both, why would be a problem to diversify your investment in couple projects, why to risk with just one? Bitcoin is a must have before everything, anyone can invest in bitcoin or try to earn some, it's the same with all other alts, you can invest or you can try to earn, either way you should have some coins for long term holding. Which alt is good, well you need to have some parameters, if a coin satisfy those parameters invest in it, if not then don't, higher the parameters you have more chances for making profit you have, its how I make my decisions.
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 👍
your plan to put all of your money to Bitcoin is good. I agree with your planBitcoin shows its performance to recover more than 3x in last year, it was about $ 3,500 to $ 13,000
I think that's a sign that Bitcoin could be more than that. I never doubt about that
Bitcoin looks dominance compared with altcoin with more than 65%
I think that bitcoin is the best investment in the cryptoqurrency industry, we can see that bitcoin has great potential for future investment on one side of bitcoin, one of the top coins compared to other cryptoqurrency. so anyone will not hesitate if they want to invest their money in the form of bitcoin.
I think the answer to this topic is in two ways, some altcoins will do better than Bitcoin in terms of ROI, while Bitcoin will be far better than some others, the challenge will be how to know those altcoins.
In the long run, buying BTC can get stable returns, and the risk of investing in altcoins is very large, and it is likely to lose money.
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 👍
It wasn't totally a smarter move. It was just a nice choice yet still a risky one as putting it all on a single cryptocurrency (which is indeed very volatile and can sometimes fell in an instant) is just betting your life onto something because of trust. To be honest, it was a stupid idea. But it depends on you. Many would prefer separating your money and investing to many cryptos even on stockmarket. Or even make ur own business.
Those who go for bitcoin instead of altcoins don't need to diversify their portfolio because bitcoin is the most reliable digital coin followed by ETH, the best coin to hold is bitcoin and the best coin for trading is altcoins, you can use bitcoin for trading too but i found altcoin to be better
Trading with bitcoin will not give you that good profits.But, imagine if you are trading with larger amounts like 5+ BTC then even trading bitcoin will give you a lot profits. Price for bitcoin varies by $100 to $500 per day and even if you trade daily with your 5+ bitcoins than you might be able to make extreme profits per day.
Initially you are going to need huge capital for that and even the risk of having loss remains constant as even the price might adversely go down making you unable to sell your coins and wait until the price pumps back. But in case of altcoins, they are traded with smaller prices and it would always give you larger benefits even if you trade with smaller amounts.
for the time being, I think bitcoin is still the main choice if you want to invest. bitcoin movements look better than altcoin. altcoin is also good, but the movement is slower and very fast up and down. and when viewed from the volume, market cap, supply and circulation, bitcoin has better potential.
Optimistically viewed bitcoin still gain more trust from investors points of views, since there are lots of influenced inside alts and many scamming possibilities. Investors mostly choose to stay with bitcoin though there are some who also working with alts but surely they've got reserved btc
inside their wallets to make sure that they've ready in case for wide adoptions and certain pump.
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 👍
Putting all your funds in Bitcoin is simply limiting your options for profitability. The beauty of this industry is your ability to diversify your portfolio and help you reduce the risk which could be suffered if anything goes wrong with one project. I believe that Bitcoin is a good project and won't go down, but the value could be greatly affected by volatility and some altcoin could save the day.
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 👍
Putting all your funds in Bitcoin is simply limiting your options for profitability. The beauty of this industry is your ability to diversify your portfolio and help you reduce the risk which could be suffered if anything goes wrong with one project. I believe that Bitcoin is a good project and won't go down, but the value could be greatly affected by volatility and some altcoin could save the day.
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 👍
I am quite sure you might have invested in some wrong altcoins in the past which did not made you have immense profits. If you would have chosen a correct altcoin then you might have at least doubled your investment by the time. Investing in bitcoins is wise but you need larger amount of funds in order to make extreme profits in smaller intervals. The price for bitcoins is on the top of each altcoin so if you are investing in smaller amounts than bitcoin would only give you smaller profits no matter how much the price changes. But, imagine you invest in smaller amount coins like XRP, Doge, etc and the price for those coins doubles, you would certainly have huge larger profits as compared to bitcoins. What I want to say here, is investing in bitcoin as well as altcoin can be profitable for you if you choose your altcoin carefully.
The Bitcoin dominance came down from 69% to 68% during the past 48 hours, but this was mostly due to the sharp jump in BCH and BSV exchange rates. BCH is the 4th largest cryptocurrency (in terms of market capitalization), and a few days back it was at the 5th position behind Tether. Similarly, BSV has risen to the 8th position, pushing Binance coin to the 9th spot.
I am not sure whether this spike for BCH/BSV is going to stay or not. If this is a temporary phenomenon, then we should witness the Bitcoin dominance getting back to the previous levels (69%-70%).
I am not sure whether this spike for BCH/BSV is going to stay or not. If this is a temporary phenomenon, then we should witness the Bitcoin dominance getting back to the previous levels (69%-70%).
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 decision at the right time, just when Bitcoin is heading for the big time, Bitcoin should occupy a big slice in your portfolio, you can still invest in altcoins but since this is Bitcoin's year, it's highly recommended that Bitcoin get the big slice, it should be 60 to 80% of your portfolio.
both of them still have the same potential, it's better to keep thinking of not just concentrating on one coin.
What needs to be calculated is the estimation of your total assets for each price of coins you buy, if you count it without ever doing cutloss, then the income from altcoin will be greater because of the effect of quantity, and better things will also be obtained if you routinely get profit from altcoin trading.
What needs to be calculated is the estimation of your total assets for each price of coins you buy, if you count it without ever doing cutloss, then the income from altcoin will be greater because of the effect of quantity, and better things will also be obtained if you routinely get profit from altcoin trading.
for the time being, I think bitcoin is still the main choice if you want to invest. bitcoin movements look better than altcoin. altcoin is also good, but the movement is slower and very fast up and down. and when viewed from the volume, market cap, supply and circulation, bitcoin has better potential.
Using my pattern as an example,. Nothing beats balancing your portf.
Bitcoin definitely must be 60%
Then valuable altcoins follow suits.
Do not pack altcoins for storage sake
Invest s in value always
Bitcoin definitely must be 60%
Then valuable altcoins follow suits.
Do not pack altcoins for storage sake
Invest s in value always
It's too much to put 60% as the minimum amounts to be putted into the bitcion. 50% will be much better as the 10% can be divided among the promising altcoins. Just always try to invest in the major coin, i meant about the major coins must be getting more amounts rather than medium altcoins.
This is the rule when investing in crypto to minimize the risk that we can get it from the volatile market. I think this strategy has already used so many times by a lot of crypo users.
This strategy is totally working right now.
Using my pattern as an example,. Nothing beats balancing your portf.
Bitcoin definitely must be 60%
Then valuable altcoins follow suits.
Do not pack altcoins for storage sake
Invest s in value always
60%+ is a wise percentage of the total bitcoins you have in your portfolio. I think it's more than a safe haven for your portfolio if ever the market pushes the price down because bitcoin will always be the less affected if we're not anymore in the bear market.Bitcoin definitely must be 60%
Then valuable altcoins follow suits.
Do not pack altcoins for storage sake
Invest s in value always
You can made bigger profit on altcoins in less time and then you can buy Bitcoin. Consider if it is not better to buy cheap altcoins and later exchange it to BTC. 
This is considered day trading but risky for not practiced traders. 
There is nothing wrong with the focus of investing in bitcoin. Because that is also one of the best strategies in my opinion,
because bitcoin is safest choice for investment. But for me it would be nice if you get the maximum profit by investing also
in altcoins. Because we also understand altcoins if the pump rises high enough to be up to 500%. Even so it must be recognized
that investing in altcoins it is very risky. But to be successful we must have the courage to face the risk. Now the decision is in
each person.
because bitcoin is safest choice for investment. But for me it would be nice if you get the maximum profit by investing also
in altcoins. Because we also understand altcoins if the pump rises high enough to be up to 500%. Even so it must be recognized
that investing in altcoins it is very risky. But to be successful we must have the courage to face the risk. Now the decision is in
each person.
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