Altcoins and bitcoin is not the only option you could follow. You could definitely go for a better or at least less riskier option with stocks or gold or real estate so that you could know what you are doing is still not as risky as losing all of your money. Bitcoin once dropped 80% in price from $20k to $3k, you wouldn't want that to happen again for your portfolio.
However, if you are strictly crypto person I would say just simply divide them equally, go buy 50% bitcoin and 50% altcoin, buy top altcoins with your 50% and with the last 10% of that 50% you should buy risky stuff and gamble on what you want to do. That is the most logical and most suggested method for everyone that has been said millions of times so far. Never go full bitcoin or full altcoin.
Topic: Buy only bitcoin or take chances in altcoin casino? (Read 425 times)
I would like to play with altcoins too. If you only buy and hold the bitcoin then you will feel what great things you missed! There are many potential altcoins in the market! Even many altcoins can give you profit than Bitcoin. That's why my strategy is to buy bitcoin by 60% of your total money and other 40% split into various good altcoins!
shortcomings withholding altcoin are happening right now. it can make you have fewer assets. in bitcoin pairs, sometimes the price of an altcoin is rapidly decreasing, like now. however, if you stick to it, it might make your assets grow more. so when the price of a bitcoin pump, I think the price of altcoin also will not be silent and will rise. it makes you get a greater profit than when you hold bitcoin. 
When we are investing in altcoin here is a huge chance of risk compared to Bitcoin, that's why everybody suggests us to invest in Bitcoin instead of altcoins. People who invested 1000$ when the price of Bitcoin was around 3200$, now their profit will be around 7200$.
How did you calculate that?
Bitcoin made x3 from that level. So the net profit is $ 2,000 (a little more but not important).
Perhaps you mixed something up when switching from natural numbers to percentages and vice versa.
I think this is not a typo, namely a mistake. The person who invested $ 10,000 in bitcoin at a price of $ 3200 now has a net profit of about 20,000. This is very different from 7,000.
But in any case, individual segments are not proof of anything. For comparison, we need to take more extensive statistical indicators.
[snip]
I prefer BTC, cause Altcoin market is depended on the price of bitcoin.
Current Bitcoin market is on a bull flag and it is sure price will not fall before next halving,
so it is better to hold Bitcoin for a long time, I think it will not disappoint us.
But don’t forget mate because alt coins can grow more than what bitcoin can give in a short period of time so still diversification is the best way to handle our investments hereCurrent Bitcoin market is on a bull flag and it is sure price will not fall before next halving,
so it is better to hold Bitcoin for a long time, I think it will not disappoint us.
Yes, Altcoins may able to grow more but trading alt coin is really painful and anxious. The future of Altcoin is uncertain. Bitcoin is better if you want to do risk free trading.
There is no risk free trading, however. Also, Bitcoin is used most as a speculative investment with its own high risk and high volatility.
I would like to play with altcoins too. If you only buy and hold the bitcoin then you will feel what great things you missed! There are many potential altcoins in the market! Even many altcoins can give you profit than Bitcoin. That's why my strategy is to buy bitcoin by 60% of your total money and other 40% split into various good altcoins!
When we are investing in altcoin here is a huge chance of risk compared to Bitcoin, that's why everybody suggests us to invest in Bitcoin instead of altcoins. People who invested 1000$ when the price of Bitcoin was around 3200$, now their profit will be around 7200$.
How did you calculate that?
Bitcoin made x3 from that level. So the net profit is $ 2,000 (a little more but not important).
Perhaps you mixed something up when switching from natural numbers to percentages and vice versa.
When we are investing in altcoin here is a huge chance of risk compared to Bitcoin, that's why everybody suggests us to invest in Bitcoin instead of altcoins. People who invested 1000$ when the price of Bitcoin was around 3200$, now their profit will be around 7200$.
How did you calculate that?
Bitcoin made x3 from that level. So the net profit is $ 2,000 (a little more but not important).
Perhaps you mixed something up when switching from natural numbers to percentages and vice versa.
The thread title is apt.
Bitcoin is an investment.
Altcoins are gambling.
Bitcoin is an investment.
Altcoins are gambling.
However, that was not the question on the poll.
In anycase, it appears many of everyone who replied will not pass the bitcoin maximalist purity test hehehe.
[snip]
I prefer BTC, cause Altcoin market is depended on the price of bitcoin.
Current Bitcoin market is on a bull flag and it is sure price will not fall before next halving,
so it is better to hold Bitcoin for a long time, I think it will not disappoint us.
But don’t forget mate because alt coins can grow more than what bitcoin can give in a short period of time so still diversification is the best way to handle our investments hereCurrent Bitcoin market is on a bull flag and it is sure price will not fall before next halving,
so it is better to hold Bitcoin for a long time, I think it will not disappoint us.
Yes, Altcoins may able to grow more but trading alt coin is really painful and anxious. The future of Altcoin is uncertain. Bitcoin is better if you want to do risk free trading.
I think that bitcoin is going to make more gains than altcoins. Despite that it cost more to buy one bitcoin but altcoins can be cheap and most of them get dumped back. Bitcoin investment seem to be a better one than many investment in altcoins.
Obviously Bitcoin can make good and lesser risk returns than any other alts in the market. The only thing that hinders most of the investors to put all their money on BTC, is because Bitcoin is way too far expensive than all of the alts in the market. Investing in alts isn't that bad, but the risks level is higher than Bitcoin's.
When we are investing in altcoin here is a huge chance of risk compared to Bitcoin, that's why everybody suggests us to invest in Bitcoin instead of altcoins. People who invested 1000$ when the price of Bitcoin was around 3200$, now their profit will be around 7200$.
I think that bitcoin is going to make more gains than altcoins. Despite that it cost more to buy one bitcoin but altcoins can be cheap and most of them get dumped back. Bitcoin investment seem to be a better one than many investment in altcoins.
Obviously Bitcoin can make good and lesser risk returns than any other alts in the market. The only thing that hinders most of the investors to put all their money on BTC, is because Bitcoin is way too far expensive than all of the alts in the market. Investing in alts isn't that bad, but the risks level is higher than Bitcoin's.
For me, I think Bitcoin will always be leading.
From my perceptive, I feel that altcoins won't do much if the price of Bitcoin remains stagnant. In most case for an altcoin to break a price barrel, there will be a rise in the price of Bitcoin.
There I suggest anyone who is buying or investing in any altcoins should at least invest in some Satoshi. Its a safer alternative.
There is no doubt that bitcoin must be on the top of list because no coins that can assure as profit specially if we can Keep it for a long time.From my perceptive, I feel that altcoins won't do much if the price of Bitcoin remains stagnant. In most case for an altcoin to break a price barrel, there will be a rise in the price of Bitcoin.
There I suggest anyone who is buying or investing in any altcoins should at least invest in some Satoshi. Its a safer alternative.
I have my bitcoin more than other currency in my folio.
I prefer BTC, cause Altcoin market is depended on the price of bitcoin.
Current Bitcoin market is on a bull flag and it is sure price will not fall before next halving,
so it is better to hold Bitcoin for a long time, I think it will not disappoint us.
But don’t forget mate because alt coins can grow more than what bitcoin can give in a short period of time so still diversification is the best way to handle our investments here Current Bitcoin market is on a bull flag and it is sure price will not fall before next halving,
so it is better to hold Bitcoin for a long time, I think it will not disappoint us.
Altcoin casino? I guess you are comparing investment with gambling. You shouldn't though. You have far more control on your investment money compared to gambling money.
Anyway, if you want to make steady and slow profit with less risk to carry, then yeah, just invest on bitcoin and keep holding it. But, if you are looking for some quick profit (and also quick losses!), then invest on altcoins. Remember, you will be risk level will be very high and chances are you will be losing you investment within few days.
Anyway, if you want to make steady and slow profit with less risk to carry, then yeah, just invest on bitcoin and keep holding it. But, if you are looking for some quick profit (and also quick losses!), then invest on altcoins. Remember, you will be risk level will be very high and chances are you will be losing you investment within few days.
But if you look at the events of the last week, then it is obvious that if crypto as a whole grows, then the main altcoin (ETH) grows faster than bitcoin. If we expect the start of a large bull market, then it is best to invest in ETH and some other altcoins.
I prefer BTC, cause Altcoin market is depended on the price of bitcoin.
Current Bitcoin market is on a bull flag and it is sure price will not fall before next halving,
so it is better to hold Bitcoin for a long time, I think it will not disappoint us.
Current Bitcoin market is on a bull flag and it is sure price will not fall before next halving,
so it is better to hold Bitcoin for a long time, I think it will not disappoint us.
Altcoins are a gamble, you're right about that. The best part about it is that they do not go up and down, some of them go only down with small insignificant pumps along the way and the whole altcoin community is trying to catch those pumps and sell with a profit. That's why you mostly lose with alts. Bitcoiners aim at long term investment and holding while altcoiners treat their coins like shit and really want to be in fiat or BTC and are greedy.
I say buy BTC.
I say buy BTC.
If for example in a few years, 5btc becomes worth 1 eth them you'll still have 1 eth from now...
I am not seeing a situation like this even in the distant future.A lot of this depends on how much risk you're willing to take and also how likely you think bitcoin is to come out on top over the years (not just in 2020).
If you invest in BTCitcoin well before the fork then you have already taken the risk to invest in the long run which means you hold major forks and if that is the case there is nothing to worry and despite saying that only BTCitcoin will come out on top rather than any other alt coin in the market.Were dealing with a very volatile market. Eth has overtaken bitcoin in price according to coinbase in the past (I thik it was coinbase anyway).
The point being: what if another, much better currency comes out that can threaten the post of bitcoin. Bitcoin is high in price because its secure and well known, if another currency can do both of those but be more user friendly the there's a chance it can take over.
Some forks won't be held by you such as newly created coins, I doubt a chain split would cause much competition in the network yet at least...
If for example in a few years, 5btc becomes worth 1 eth them you'll still have 1 eth from now...
I am not seeing a situation like this even in the distant future.A lot of this depends on how much risk you're willing to take and also how likely you think bitcoin is to come out on top over the years (not just in 2020).
If you invest in BTCitcoin well before the fork then you have already taken the risk to invest in the long run which means you hold major forks and if that is the case there is nothing to worry and despite saying that only BTCitcoin will come out on top rather than any other alt coin in the market. 
Altcoin casino? I guess you are comparing investment with gambling. You shouldn't though. You have far more control on your investment money compared to gambling money.
Anyway, if you want to make steady and slow profit with less risk to carry, then yeah, just invest on bitcoin and keep holding it. But, if you are looking for some quick profit (and also quick losses!), then invest on altcoins. Remember, you will be risk level will be very high and chances are you will be losing you investment within few days.
Anyway, if you want to make steady and slow profit with less risk to carry, then yeah, just invest on bitcoin and keep holding it. But, if you are looking for some quick profit (and also quick losses!), then invest on altcoins. Remember, you will be risk level will be very high and chances are you will be losing you investment within few days.
For me, I think Bitcoin will always be leading.
From my perceptive, I feel that altcoins won't do much if the price of Bitcoin remains stagnant. In most case for an altcoin to break a price barrel, there will be a rise in the price of Bitcoin.
There I suggest anyone who is buying or investing in any altcoins should at least invest in some Satoshi. Its a safer alternative.
From my perceptive, I feel that altcoins won't do much if the price of Bitcoin remains stagnant. In most case for an altcoin to break a price barrel, there will be a rise in the price of Bitcoin.
There I suggest anyone who is buying or investing in any altcoins should at least invest in some Satoshi. Its a safer alternative.
Investing all money in one coin is not a good idea, altcoins are not useless, Bitcoin needs altcoins too. So, if you really support the crypto idea, you should appreciate good potential altcoins too. Look at the altcoins market now, most of the coins are getting a green signal and increasing in price. So, I would diversify my investment in various altcoins too.
That only be good if you choose the right/potential altcoins but if you are investing those altcoins that don't have market volume, you'll just losing your money. Bitcoin remains unbeatable in the market in terms of profit gaining, altcoins will only be profitable if the market grows just like today. If you are planning to diversify your portfolio more into altcoins, you better have to begin it now before it will skyrocket. In fact, I'm looking for that also but I'm not going to buy those on the top altcoins instead of considering in the bottom that has already been performing well in previous years coz this there is a big chance that it moves high back again as it did before.
Jump to: