Topic: Buy only bitcoin or take chances in altcoin casino? - page 4. (Read 425 times)
For me, I'd rather put like 50-60% in Bitcoin and diversify the remaining percentage from my portfolio. Since, I am not too knowledgeable in terms of investing through different projects but I'd rather put it on top alts in the market like ETH and XRP. Just making sure I'll get good profit, than taking a lot of risks from a pump and dump kind of coin/token.
Buy both bitcoin and altcoin would be a great option if you can choose the altcoin to buy. But if you don't know how to select the altcoin then buy bitcoin will be the best choice you can do right now. But I suggest you learn about analyzing the altcoin movement or you can buy the altcoin which has a good position in the market. My suggestion will be the altcoin that already in the top 10 or top 20 coins at CMC so you don't just have an investment in bitcoin, but you also have the other investment in an altcoin. Ethereum will be the best altcoin that you can have, and I am sure that there are many other altcoins that you can buy, but of course, you need to analyze one by one of the altcoin.
Bitcoin is the best choice for crypto investment z no doubt. But all altcoins are not shit, there are many altcoins that are blessing for the crypto world, Bitcoin can't do everything alone, Bitcoin has many lacks! That's why we need potential altcoins like Ethereum, Litecoin, Chainlink, Cosmos, Stellar and so on! So, buy Bitcoin and split your money into various potential altcoins.
I suggest focusing on bitcoin. however, that does not mean all of your assets are bitcoin. I also suggest to have top altcoin, for reasons in the future, maybe some top altcoin will be worth 1 bitcoin, it can be very good to cover the risk of loss. however, many people predict the price of bitcoin will rise, but this will affect ethereum prices.
Bitcoin is too volatile. So spread investment across various altcoins is a good idea.
I wanted to choose both tbh. Spread my investment across various altcoins, the top 10 if possible. I'd have a larger part of my investment to BTC ofc, that's why I chose the first one. Spreading my investment towards altcoins such as XRP, BCH, etc seems like a good choice especially with the movements of altcoins recently.
Still, choosing the most profitable side, most would probably go for altcoins, especially since their rises have been quite high when compared to BTC. Just that, a lot are still waiting with regards to what is going to happen to BTC once the halving approaches, and is the result of the current uptrend.
Still, choosing the most profitable side, most would probably go for altcoins, especially since their rises have been quite high when compared to BTC. Just that, a lot are still waiting with regards to what is going to happen to BTC once the halving approaches, and is the result of the current uptrend.
With the recent gains from some of the altcoins i'll take my chances on it and I agree with jackg the profit you can potentially gain from these altcoins still depends on how much you're willing to split your budget.
On the other side taking Bitcoin reduces the possibility of losing too much since big price changes doesn't happen too often with Bitcoin.
If i'm going to be more specific on my split it would be 80-20 I still think Bitcoin would hold its spot for some years.
On the other side taking Bitcoin reduces the possibility of losing too much since big price changes doesn't happen too often with Bitcoin.
If i'm going to be more specific on my split it would be 80-20 I still think Bitcoin would hold its spot for some years.
I'd suggest diversification at least among the major coins.
If for example in a few years, 5btc becomes worth 1 eth them you'll still have 1 eth from now...
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 for example in a few years, 5btc becomes worth 1 eth them you'll still have 1 eth from now...
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).
A simple poll to know if every person in this speculation subforum has a similar attitude in trading and investment as they had on 2016 and 2017.
The bullish sentiment is back, and traders have been placing their allocations on their favorite blockchain projects. The question on most investor’s minds is which coin will have the biggest payoff? Is it Bitcoin, the largest coin by market cap, or smaller cap Altcoins?
Read in full https://bitcoinist.com/bitcoin-vs-altcoins-which-will-make-you-more-money-in-2020/
The bullish sentiment is back, and traders have been placing their allocations on their favorite blockchain projects. The question on most investor’s minds is which coin will have the biggest payoff? Is it Bitcoin, the largest coin by market cap, or smaller cap Altcoins?
Read in full https://bitcoinist.com/bitcoin-vs-altcoins-which-will-make-you-more-money-in-2020/
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