Topic: BTC or altcoin - page 21. (Read 5466 times)
in my opinion it's better for you to choose bitcoin because bitcoin has good potential for the long term. but you can also buy altcoins, as long as you have to be able to choose good altcoins and have good potential for the future.
Each market cycle a bunch of innocent and naive newbies learn this lesson, which means each recovery cycle Bitcoin becomes stronger (of course again enviably accompanied by alt scammers preying on the new cycle of newbies into this space).I have a set amount I invest in crypto every two weeks. Half DCAing into BTC and the other half buying whichever of the top ten did worse over that period. Staying with the BTC and currently letting the other half sit in stable coins waiting to see how this all shakes out.
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What replacement coins would you recommend?
Nothing can replace bitcoin so consider that as majority of your holding , but also try to accumulate more of that coin and just add some altcoins like Ethereum and of course Binance coins and some Dogecoin(though it is not that advisable to Hold meme coins but doge had proven its worth many times now.What replacement coins would you recommend?
also try to consider Ripple mate , because surely you'll never miss the opportunity in the coming years.
there's reason why so many big investment firm and companies are having their big share of investments in btc and not in alts because they know it's relatively safe investment and could still gives good ROI.
the thing is, with alts even though sometimes the ROI is indeed multiple folds of btc, but it also carries risk, you could judge if you happened to hold coins like luna and ftt i'm sure by now you're already broke but if you hold btc its just losing some fraction of its value.
while it is safer for Bitcoin to be the choice yet? altcoin shows bigger opportunity for short term investing But the problem is which to choose and how long will it take?the thing is, with alts even though sometimes the ROI is indeed multiple folds of btc, but it also carries risk, you could judge if you happened to hold coins like luna and ftt i'm sure by now you're already broke but if you hold btc its just losing some fraction of its value.
there are several occassion that I do the same strategy buying bitcoin but also buying altcoins for other option.
and this is what have been called diversification .
make sure we need to do research before determining which altcoin we invest in,
occasionally it is important to carry out a diversification strategy.
Investment on altcoins and bitcoin needs to be done depending on the market. According to me when the altcoin market is at the downturn it is good to invest into altcoins. When there's bullish move on altcoins, the same altcoins need to be moved into bitcoin. Doing this consecutively help us increase the portfolio holding and this form of diversification have got more risk than just holding to profit when the market turns bullish.
I think investing in alts should be considered different investment after all investing in alts usually are short term because it's just not worth it investing for long term, moreover most of alts are like gambling anyway, but with btc it's gonna be long term ones, so basically you could invest in btc and consider it for long term basically you just let your btc grow and then you try investing in alts in effort of increasing your returns.
I recently made some money through Amazon Kindle Direct Publishing, and I'm considering using it to purchase some Bitcoin. Only a tiny sum, roughly $800, is involved. What do you suggest doing right now? Purchase some Bitcoin or another cryptocurrency with a promising future.
What replacement coins would you recommend?
Are you going to hodl it? If yes, then go btc, or if you wanna take a greater risk. Split your money, 50% in btc, and go altcoin with the rest. Just to keep you busy while holding your btc. You might get lucky if you found a good project and may earn more than your hodling in btc. Or just invest your 50% in top 5 or 10 altcoins if you are a bit worried.What replacement coins would you recommend?
a mature plan to settle down holding bitcoin sometimes switches to other choices because it gets stuck in a FOMO increase of 1000x which doesn't match the results. which is definitely the main bitcoin for the long term from now on and no doubt about it. allocate altcoins only 30% nascent project clear
allocating 30% is good enough for this case like what op is trying to established and yes we all serve him better option and I think he'll get better soon .In my opinion, investing in Bitcoin and altcoins is still very feasible in 2023, especially if you started last year and see for sure that you have already made a profit from Bitcoin,
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but for altcoins if you want to invest there, make sure you really analyze from a fundamental point of view, because altcoins are really very prone to being scammed,
there have been lots of cases like FTT, SOL, CEL and a few more coins, so be careful.
Only SOL that i come to trust from these list but its yours , I may add at least XRP and ADA? those are simply but promising . there have been lots of cases like FTT, SOL, CEL and a few more coins, so be careful.
completely wrong , Diversification does not have to be occasionally but each time mate , we must have many coin that single investment and this has been proven for how many years now? though determining the coins to keep hold is the harder part but diversifying is what investors in our time now must have and trust me you will also love having those in daily basis.
There are investors that have been lucky with some other altcoins and that's why they're pursuing altcoins. But there are also people that have been successful with lesser investments in altcoins and are more focused on bitcoin thus, advocate to invest in bitcoin.Quote
That's true, choosing the altcoins to invest in is hard because you'll never know if the one you've picked is going to be good in the future. And that's the reason why we have to research first before buying it.
diversify that is the key , risk for altcoin even shitcoin but keep bitcoin in major investing . 
I recently made some money through Amazon Kindle Direct Publishing, and I'm considering using it to purchase some Bitcoin. Only a tiny sum, roughly $800, is involved. What do you suggest doing right now? Purchase some Bitcoin or another cryptocurrency with a promising future.
What replacement coins would you recommend?
In my opinion, investing in Bitcoin and altcoins is still very feasible in 2023, especially if you started last year and see for sure that you have already made a profit from Bitcoin, What replacement coins would you recommend?
but for altcoins if you want to invest there, make sure you really analyze from a fundamental point of view, because altcoins are really very prone to being scammed,
there have been lots of cases like FTT, SOL, CEL and a few more coins, so be careful.
completely wrong , Diversification does not have to be occasionally but each time mate , we must have many coin that single investment and this has been proven for how many years now? though determining the coins to keep hold is the harder part but diversifying is what investors in our time now must have and trust me you will also love having those in daily basis.
There are investors that have been lucky with some other altcoins and that's why they're pursuing altcoins. But there are also people that have been successful with lesser investments in altcoins and are more focused on bitcoin thus, advocate to invest in bitcoin.That's true, choosing the altcoins to invest in is hard because you'll never know if the one you've picked is going to be good in the future. And that's the reason why we have to research first before buying it.
there's reason why so many big investment firm and companies are having their big share of investments in btc and not in alts because they know it's relatively safe investment and could still gives good ROI.
the thing is, with alts even though sometimes the ROI is indeed multiple folds of btc, but it also carries risk, you could judge if you happened to hold coins like luna and ftt i'm sure by now you're already broke but if you hold btc its just losing some fraction of its value.
while it is safer for Bitcoin to be the choice yet? altcoin shows bigger opportunity for short term investing But the problem is which to choose and how long will it take?the thing is, with alts even though sometimes the ROI is indeed multiple folds of btc, but it also carries risk, you could judge if you happened to hold coins like luna and ftt i'm sure by now you're already broke but if you hold btc its just losing some fraction of its value.
there are several occassion that I do the same strategy buying bitcoin but also buying altcoins for other option.
and this is what have been called diversification .
make sure we need to do research before determining which altcoin we invest in,
occasionally it is important to carry out a diversification strategy.
I recently made some money through Amazon Kindle Direct Publishing, and I'm considering using it to purchase some Bitcoin. Only a tiny sum, roughly $800, is involved. What do you suggest doing right now? Purchase some Bitcoin or another cryptocurrency with a promising future.
What replacement coins would you recommend?
Long term I would suggest going with bitcoin as there is less pump and dump schemes like we usually see with altcoins, but on the contrary general performance shows there is always an altcoin out performing btc and the million dollar question is which altcoin to catch which will bring these big numbers.What replacement coins would you recommend?
I think majority here will advise you to just buy BTC and then hold.
Going with btc is playing it safe, to maximize one's investment potential one has to venture into altcoin investments as they are profitable to despite them mostly riding the bitcoin wave. I will be interested in accumulating bitcoin and also good altcoins. I understand that bitcoin is the most safest investment but when I see the returns in the altcoins I just can't control myself or resist myself not to buy the altcoins.
To keep myself secure and protected I will definitely follow the money management where I buy more bitcoins while allocate some part of my portfolio in top 10 altcoins.
there's reason why so many big investment firm and companies are having their big share of investments in btc and not in alts because they know it's relatively safe investment and could still gives good ROI.
the thing is, with alts even though sometimes the ROI is indeed multiple folds of btc, but it also carries risk, you could judge if you happened to hold coins like luna and ftt i'm sure by now you're already broke but if you hold btc its just losing some fraction of its value.
while it is safer for Bitcoin to be the choice yet? altcoin shows bigger opportunity for short term investing But the problem is which to choose and how long will it take?the thing is, with alts even though sometimes the ROI is indeed multiple folds of btc, but it also carries risk, you could judge if you happened to hold coins like luna and ftt i'm sure by now you're already broke but if you hold btc its just losing some fraction of its value.
there are several occassion that I do the same strategy buying bitcoin but also buying altcoins for other option.
and this is what have been called diversification .
make sure we need to do research before determining which altcoin we invest in,
occasionally it is important to carry out a diversification strategy.
while it is safer for Bitcoin to be the choice yet? altcoin shows bigger opportunity for short term investing But the problem is which to choose and how long will it take?
there are several occassion that I do the same strategy buying bitcoin but also buying altcoins for other option.
and this is what have been called diversification .
Indeed, when talking about short-term investments, of course altcoins are still a reasonable choice,there are several occassion that I do the same strategy buying bitcoin but also buying altcoins for other option.
and this is what have been called diversification .
make sure we need to do research before determining which altcoin we invest in,
occasionally it is important to carry out a diversification strategy.
I agree that for short term max 2 months it's better to have altcoins, and if we are talking about 3 months or longer than it would be wiser to hold bitcoin. That's the difference between those two, but I could add ETH to the long term as well.
there's reason why so many big investment firm and companies are having their big share of investments in btc and not in alts because they know it's relatively safe investment and could still gives good ROI.
the thing is, with alts even though sometimes the ROI is indeed multiple folds of btc, but it also carries risk, you could judge if you happened to hold coins like luna and ftt i'm sure by now you're already broke but if you hold btc its just losing some fraction of its value.
while it is safer for Bitcoin to be the choice yet? altcoin shows bigger opportunity for short term investing But the problem is which to choose and how long will it take?the thing is, with alts even though sometimes the ROI is indeed multiple folds of btc, but it also carries risk, you could judge if you happened to hold coins like luna and ftt i'm sure by now you're already broke but if you hold btc its just losing some fraction of its value.
there are several occassion that I do the same strategy buying bitcoin but also buying altcoins for other option.
and this is what have been called diversification .
make sure we need to do research before determining which altcoin we invest in,
occasionally it is important to carry out a diversification strategy.
I recently made some money through Amazon Kindle Direct Publishing, and I'm considering using it to purchase some Bitcoin. Only a tiny sum, roughly $800, is involved. What do you suggest doing right now? Purchase some Bitcoin or another cryptocurrency with a promising future.
What replacement coins would you recommend?
Long term I would suggest going with bitcoin as there is less pump and dump schemes like we usually see with altcoins, but on the contrary general performance shows there is always an altcoin out performing btc and the million dollar question is which altcoin to catch which will bring these big numbers.What replacement coins would you recommend?
I think majority here will advise you to just buy BTC and then hold.
Going with btc is playing it safe, to maximize one's investment potential one has to venture into altcoin investments as they are profitable to despite them mostly riding the bitcoin wave. 
I think majority here will advise you to just buy BTC and then hold.
It seems that you are inexperienced, so it's better to just test your self by buying BTC instead of investing on alts as they are very volatile at the moment so the risk is very high. So I would agree with the majority, instead on BTC, keep in safe in a wallet wherein you have total control of, forget about it and just comeback when we are in a bull run and see how your $800 grow overtime.
the reason is because BTC, the only strongest coin, has definite fundamentals and very strong utility. as we can see the OP made the thread a few months ago and the possible BTC price is around $17k and now the BTC price is going up to $18k price, that is one small and real proof that BTC is really worth holding long term. bitcoin is able to survive in any situation and always provide the best in the future.It seems that you are inexperienced, so it's better to just test your self by buying BTC instead of investing on alts as they are very volatile at the moment so the risk is very high. So I would agree with the majority, instead on BTC, keep in safe in a wallet wherein you have total control of, forget about it and just comeback when we are in a bull run and see how your $800 grow overtime.
different from some altcoins which usually can't survive in a bearish situation like this and they just disappear.
I'm not saying altcoins aren't good but bitcoin is more feasible for the long term and altcoins are worth holding short term when bullish arrives.
there's reason why so many big investment firm and companies are having their big share of investments in btc and not in alts because they know it's relatively safe investment and could still gives good ROI.
the thing is, with alts even though sometimes the ROI is indeed multiple folds of btc, but it also carries risk, you could judge if you happened to hold coins like luna and ftt i'm sure by now you're already broke but if you hold btc its just losing some fraction of its value.
while it is safer for Bitcoin to be the choice yet? altcoin shows bigger opportunity for short term investing But the problem is which to choose and how long will it take?the thing is, with alts even though sometimes the ROI is indeed multiple folds of btc, but it also carries risk, you could judge if you happened to hold coins like luna and ftt i'm sure by now you're already broke but if you hold btc its just losing some fraction of its value.
there are several occassion that I do the same strategy buying bitcoin but also buying altcoins for other option.
and this is what have been called diversification .
I think majority here will advise you to just buy BTC and then hold.
It seems that you are inexperienced, so it's better to just test your self by buying BTC instead of investing on alts as they are very volatile at the moment so the risk is very high. So I would agree with the majority, instead on BTC, keep in safe in a wallet wherein you have total control of, forget about it and just comeback when we are in a bull run and see how your $800 grow overtime.
It seems that you are inexperienced, so it's better to just test your self by buying BTC instead of investing on alts as they are very volatile at the moment so the risk is very high. So I would agree with the majority, instead on BTC, keep in safe in a wallet wherein you have total control of, forget about it and just comeback when we are in a bull run and see how your $800 grow overtime.
I recently made some money through Amazon Kindle Direct Publishing, and I'm considering using it to purchase some Bitcoin. Only a tiny sum, roughly $800, is involved. What do you suggest doing right now? Purchase some Bitcoin or another cryptocurrency with a promising future.
What replacement coins would you recommend?
Are you going to hodl it? If yes, then go btc, or if you wanna take a greater risk. Split your money, 50% in btc, and go altcoin with the rest. Just to keep you busy while holding your btc. You might get lucky if you found a good project and may earn more than your hodling in btc. Or just invest your 50% in top 5 or 10 altcoins if you are a bit worried. What replacement coins would you recommend?
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