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Topic: Hold Bitcoins or buy Altcoins with it - page 17. (Read 2824 times)

full member
Activity: 231
Merit: 100
Staker.network - POS Smart Contract ETH Token
December 03, 2017, 01:19:51 PM
#12
If u are inexperienced in crypto field,  then I suggest u to buy bitcoin and hold for long term.  Invest a small part about 5% of your bitcoin in other altcoins and learn trading.  As in trading u can make losses as well as profits so it is not good idea to go all in. 
member
Activity: 120
Merit: 10
December 03, 2017, 09:26:09 AM
#11
Better to hold Bitcoin itself Because now the price is skyrocketing in the market, and If you want to invest on altcoin, you should examine in detail which Altcoin will be invested in.
newbie
Activity: 14
Merit: 0
December 03, 2017, 09:11:49 AM
#10
You have to hold BTC because of its volatility and also buy altcoins with high potential.
member
Activity: 154
Merit: 10
December 03, 2017, 04:22:46 AM
#9
HODL! Hold them, Bitcoin is doing really well and will probably do awesome in 2018 too.
jr. member
Activity: 55
Merit: 21
December 03, 2017, 03:34:20 AM
#8
hold ur bits, unless you'll end up badly
member
Activity: 93
Merit: 10
December 03, 2017, 01:11:45 AM
#7
That is big dilemma!! You see, if you don't know very well some altcoin then you should definitely buy bitcoins, but if you are following some altcoin and you know his community then buy that altcoin if you think that it will increase soon.
member
Activity: 742
Merit: 19
December 02, 2017, 11:17:35 PM
#6
Hold bitcoins is not a bad choice. But you can do both 50% bitcoins and 50% altcoins Smiley
full member
Activity: 228
Merit: 100
December 02, 2017, 10:57:20 PM
#5
Do both is good. You will learn much by do that both option and also there is any benefit from it. Your value in USD will look stable.
newbie
Activity: 2
Merit: 0
December 02, 2017, 09:10:09 PM
#4
Hold bitcoin as your long investment, and buy the altcoin for your short investment, it's easy to use when you hold bitcoin even you're not always on your PC
Bitcoin is the easy one when you wanna start invest on it.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
December 02, 2017, 08:55:51 PM
#3
Holding is an investment. Do your own research and make your own decisions. If you cant do these basic tasks then investing is not for you.

I'll leave you a bit of information though. Personally I like leaving majority of my investment money on bitcoin because it's a safer investment. Not saying that altcoins are a bad investment though, it completely depends on which coins specifically you invest in. There are good and bad ones. Also, take note that altcoins are like high risk:high reward, in my opinion.
full member
Activity: 448
Merit: 109
December 02, 2017, 06:40:56 PM
#2
Should I hold Bitcoins Or should I buy Altcoins with it.
And Why ?

What's your take on it ?

Well you can buy altcoins as an investment, but be sure to read a lot and don't just buy some random altcoin that is pumping today and dumping tommorow. Altcoin exchanges are like big casinos when you are there is something simmilar to gambling (if we are talking about those reffered as shitcoins lol).

Look at this way it is easier for an lets say XMR to double in price which will result in your investments to double. If you look at bitcoin it is much harder for it to hit 20k for you to double your money on it. So by buying alts comes greater risk but also better return if all plays out well.

Or take for instance some altcoin that cost 0.1$ its easier for it to go till like 0.5 or even 1$ for you to earn good amounts of money but also higher chance for it to go lower and you can lose money. But again reaserch is necessary as many people tend to advertise their coin that they bought - many coins don't even have something extrodinary implemented in them.

Don't just look at the price per coin but look as how many coins are in existence and look at market cap.

If you are not familliar with altcoins I'd suggest you to simply first read a bit about them before investing because you don't want to throw your money in and hope for good return.
member
Activity: 123
Merit: 10
Enjoy the journey...Live in the now...Future will
December 02, 2017, 06:30:42 PM
#1
Should I hold Bitcoins Or should I buy Altcoins with it.
And Why ?

What's your take on it ?
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