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Topic: Hold Bitcoins or buy Altcoins with it - page 13. (Read 2824 times)

sr. member
Activity: 574
Merit: 259
Deal Coin - P2P Lending Eco-system
December 13, 2017, 11:39:49 PM
#92
Dont go all in on bitcoin or in altcoin. You need to diversify your portfolio, It's best to have half in Bitcoin and half in Altcoin, it's a lot safer and less risky. If bitcoin rise, usually altcoin goes down and if bitcoin is stable your altcoin will go up. In my opinion it's the best strategy if you want to be safe
sr. member
Activity: 336
Merit: 260
December 13, 2017, 10:56:37 PM
#91
Holding bitcoin or buying altcoins are both profitable, whatever decision made by the owner they were possible to success in the future. But they were need to be patience holding bitcoin because it takes time before gaining profit, while buying altcoins were need deep analysis before continue because some altcoins are not profitable due to low numbers of investors.

In my opinion it's better if you having both because if there were a case that bitcoin value fall down you have a chance to buy and hold the altcoins for long period of time.
full member
Activity: 256
Merit: 100
December 13, 2017, 09:23:00 PM
#90
I would do both, if you have done your research with alt coins and identified any that you believe have a decent shot at rising through the ranks.

Bitcoin is not going under any time soon, so it is a relatively sure bet, at least in the long run.  It has outperformed most alt coins for the past six months or so, but there is some evidence that this trend may be starting to reverse again.

In any case, for anyone looking to still catch the crypto train, privacy coins are a no-brainer.  John McAfee agrees: https://twitter.com/officialmcafee/status/941003398215761922
newbie
Activity: 50
Merit: 0
December 13, 2017, 08:36:19 PM
#89
Should I hold Bitcoins Or should I buy Altcoins with it.
And Why ?

What's your take on it ?


Whatever decision you make are both good. Holding bitcoin is also a good thing to do since the value of bitcoin now a days is fluctuating to high. If you hold bitcoin for a long term investment then I can say that your patience gives you more profit at the end. On the other hand, if you sell bitcoins and you decided to buy altcoins then make sure that you study first the reputation of the altcoins that you buy so that your investment will grow until the end.
member
Activity: 322
Merit: 31
December 13, 2017, 07:50:09 PM
#88
It is better to buy a lot of different altcoins, since they can grow  faster  and increase capital by half or more.
full member
Activity: 448
Merit: 107
December 13, 2017, 07:35:38 PM
#87
holding or investing would be a great i dea because both in the long run are very profitable,you can hold bitcoin as long as you want to and you can have altcoins for not that long or same as bitcoin. there is nothing wrong having both as long as you have money to invest..
legendary
Activity: 1176
Merit: 1024
December 13, 2017, 02:10:21 PM
#86
Should I hold Bitcoins Or should I buy Altcoins with it.
And Why ?

What's your take on it ?
It totally depends on you. Bitcoin is good and some Altcoins are good. You can just diversify your portfolio to spread the risk and distribute the largest share for bitcoin anyway. With the rest, you can do some research of some coins that are presently undervalued with some solid project and product backing and hold on to them as well. Some coins have you can see are doing well and some will still do well depending on how relevant they become in the community.
hero member
Activity: 1708
Merit: 541
December 13, 2017, 11:44:18 AM
#85
Should I hold Bitcoins Or should I buy Altcoins with it.
And Why ?

What's your take on it ?

This happens to be my dilemma recently as well. Bitcoin has been looking very promising with a lot of financial money pouring in, potential rise to $20K IMO, but every altcoin are also rising (just like in 2013, I'm afraid 2018 will be 2014 v2).  I'm afraid that if I kept it all in Bitcoin, I'd miss all those moon train. But if I'm in altcoin, I'm afraid that Bitcoin will rise and my altcoin position made me lose some BTC. Well in times like this it's so easy to earn profit in USD, just hold any random coin, boom, sell. But profit in BTC? Might be harder. I personally only trade about 25% and keep the rest in BTC.
legendary
Activity: 1564
Merit: 1027
December 13, 2017, 11:22:00 AM
#84
If you can afford it, do both  Grin

BTC will rule as the predominant cryptocurrency for some year and that means it will always have a value, maybe not as high as today, maybe 10x more. How knows?

But there are many solid altcoin projects that will thrive in the years to come, and I believe they will be more profitable than BTC because some of them already are.

Take a look at the PoS v3 coins, like DMD, with masternodes, solid dev team, clear vision for the future. It is a safe bet.
sr. member
Activity: 700
Merit: 250
December 13, 2017, 07:05:43 AM
#83
The decision really depends on what you want when holding cryptocurrencies, there are some who would just hold bitcoins and dispose their altcoins and turn them to bitcoins and there are some as well who just wants to hold on to altcoins, but most of all or mostly traders hold on to both bitcoins and altcoins because they can't decide which they would want to hold and so they could diversify their money as well.
member
Activity: 112
Merit: 10
December 13, 2017, 06:42:54 AM
#82
Should I hold Bitcoins Or should I buy Altcoins with it.
And Why ?

What's your take on it ?

What ever option is good for me. Investing to bitcoin is a good investment. If you hold bitcoin for long term investment then I can say that you earn money.   The more bitcoin you hold of course the more profit will pay back to you. On the other hand, if you sell it and invest it to the top altcoins today it is a risky thing but it gives you also good income. Decision and planning is the best thing to consider. Stand and work to every decision that you choose. There is no wrong decision if you give your heart and time to make it worth it.
full member
Activity: 253
Merit: 100
December 13, 2017, 05:20:20 AM
#81
Much better to do both of it, holding bitcoin and buying altcoins are both profitable. But first you have to do more research before buying altcoins, becuase it is too risky it can make your money increase or worst decrease. It is the same also when you hold your bitcoin, because bitcoin is not stable it might decrease or increase also.
full member
Activity: 448
Merit: 100
December 13, 2017, 04:59:56 AM
#80
I think so its time to hold altcoins. The price of bitcoin is already high.
I do not think that will go more high Smiley
jr. member
Activity: 630
Merit: 1
December 13, 2017, 04:33:52 AM
#79
I suggest you buy waves.Because I hope waves is a good coin.waves project is very strong.They make better exchange site.many ICOs use waves platform.
hero member
Activity: 588
Merit: 500
December 13, 2017, 04:21:43 AM
#78
Should I hold Bitcoins Or should I buy Altcoins with it.
And Why ?

What's your take on it ?

Goes without saying but it really depends on the situation. If bitcoin is getting absolutely pumped right now and altcoins are plumetting as a result then that means you should probably move some of your bitcoin to altcoin.

Vice versa, if altcoins are getting pumped big time and bitcoin is going down, then it is probably a good idea to accumulate some bitcoin as well just in case altcoins does crash in the event of bitcoin going up.

There is no one static answer, it is constantly changing. Right now i would recommend getting BTC instead of alts.
member
Activity: 266
Merit: 10
December 13, 2017, 03:43:04 AM
#77
It depend on trader style. I mean if trader long term just hold bitcoin to get profit in long term.
If the trader short term, sell bitcoin now and buy some different altcoin to get short profit.
Yeah right, but hold only bitcoin is little risky for long term. I suggest to hold Neo, Eth, Btc for long term.  Cheesy
full member
Activity: 196
Merit: 100
December 13, 2017, 02:48:51 AM
#76
It depend on trader style. I mean if trader long term just hold bitcoin to get profit in long term.
If the trader short term, sell bitcoin now and buy some different altcoin to get short profit.
sr. member
Activity: 504
Merit: 250
December 13, 2017, 02:45:58 AM
#75
I did so sold most of the altcoins and the cyprus on them bitcoin and you know I got a lot more in such a short time that I'm thinking of translating all the remaining altcoins
newbie
Activity: 30
Merit: 0
December 13, 2017, 02:09:53 AM
#74
Hold a half and invest another half in Ether, Litecoin currenly has a bumped price and investing at this particular moment will probably
make a lose, unless you a a pro trader.
newbie
Activity: 74
Merit: 0
December 13, 2017, 02:08:06 AM
#73
  both are just fine to hold the case just another variation they two,
   there is ineffective in use. it's pretty long lasting bitcoinit's good to hold bitcoin because it's worth the price then it's worth it,
    if you're buy right now because it's great value it's hard to hold even 1bitcoin
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