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Topic: Hold more Bitcoin or Buy Altcoin in the red zone (Read 2034 times)

sr. member
Activity: 552
Merit: 250
Right now still holding some of my coins and investing, someday we know that or when is the time to buy altcoin. But if you want to take a risk to buy altcoin grabi it now we know that someday altcoin was increasing continuesly and in this situation dont bother you self hold some of your bitcoin and the other buy and invest to earn but take a risk.
member
Activity: 167
Merit: 10
The price of bitcoin has grown so much, dragging all the other criptomonedas down, that I would rather be patient and wait for the necessary correction that the markets need in order to release some of the pressure that the strong bullish trend of bitcoin has caused. Do not burn your coins!, anyway the Bitcoin Gold does not promise much.
hero member
Activity: 1358
Merit: 834
Bitcoin is a moderately safe investment, it the long term it is going to continue to grow, but alts are much more versatile and risky. If one is going to invest a lot of money into alts they need to do their own research and resist FOMO. FOMO has ruined many people who put their money into scams.
This is so true. I keep seeing people who keep flipping coins like pancakes due to FOMO, and then they end up complaining about how much money they lost. It's sad and funny to me at the same time.
member
Activity: 72
Merit: 10
Bitcoin is a moderately safe investment, it the long term it is going to continue to grow, but alts are much more versatile and risky. If one is going to invest a lot of money into alts they need to do their own research and resist FOMO. FOMO has ruined many people who put their money into scams.
hero member
Activity: 1358
Merit: 834
Sell coins that are high and buy when they are cheap. BTC is at a high and alts are cheap so it's a good time to swap to alts.
It's not always that simply. And you need to consider tax as well - assuming you'd like to buy a house or stocks at some point in your life. Crypto profits are useless if you can't use them and if you flip around too much your tax bill will eat up half of your profits instead of 10-20%. And if you try to evade, you'll go to jail instead of being rich. Obvious points that most people seem to be missing or ignoring on this forum.
full member
Activity: 336
Merit: 100
No more red zone  Grin



For sure. Seeing how the markets are today, I would (and will during 2x) buy altcoins in the deep red then wait for the turnaround.
full member
Activity: 728
Merit: 103
Sell coins that are high and buy when they are cheap. BTC is at a high and alts are cheap so it's a good time to swap to alts.
hero member
Activity: 1358
Merit: 834
No more red zone  Grin


Was to be expected once people got their Bitcoin Gold. Now let's see how far altcoin markets will climb this time!
member
Activity: 130
Merit: 14
No more red zone  Grin

hero member
Activity: 1358
Merit: 834
I think you should choose both because I always hold 80% Bitcoin and spend 20% of my fortune to keep the altcoin really potential, this will ensure you have a safe and easy capital. It makes good profit and limits investment in a certain altcoin
I'm surprised at how much Bitcoin people are holding. I would only keep 80% in Bitcoin if I had millions in crypto..
sr. member
Activity: 1554
Merit: 260
Everyone, should i buy more bitcoin to get BitcoinGold for free,, as Bitcoin hardfork
or Buy more altcoin in the red zone of Altcoin
Thank you
I personally think that it is better to risk and buy more than risk and play with other forms of earnings. Regards.
hero member
Activity: 1834
Merit: 523
I suggest buy more bitcoin and also buy more altcoins. Because if you have more bitcoin you will get free bitcoingold and if that happen you will get some profit after the fork. And altcoins can help to you to grow your bitcoin thats gives you high profit in the future. We dont know what possible price of bitcoin gold after the fork but I hope the price is high so we can make more profit . And i hope also the price of altcoin will increase.
full member
Activity: 504
Merit: 105
I think you should choose both because I always hold 80% Bitcoin and spend 20% of my fortune to keep the altcoin really potential, this will ensure you have a safe and easy capital. It makes good profit and limits investment in a certain altcoin
hero member
Activity: 1386
Merit: 504
Everyone, should i buy more bitcoin to get BitcoinGold for free,, as Bitcoin hardfork
or Buy more altcoin in the red zone of Altcoin
Thank you
It is always good to do math calculations, example let's think about how much you will possiblly earn in altcoins than in bitcoin gold right? But if you have both it is much better so incase you wouldn't regret not having bitcoin gold.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
Everyone, should i buy more bitcoin to get BitcoinGold for free,, as Bitcoin hardfork
or Buy more altcoin in the red zone of Altcoin
Thank you
Do both things as long you do have the money to put on which this thing would really be a win-win situation for you or on us which both ways can potentially give us profits but yet at the same time it can lose up money if such coins would really go into opposite way on which we do anticipate.People now are accumulating bitcoin as much as they can since they do know they can able to get free coins which is bitcoin gold which would really give them free money for sure and later on they would put up those funds again on altcoin which we can presume price will surely recover on alts.
full member
Activity: 236
Merit: 100
Presale is live!
This is a great time for making investment.  As we see bitcoin rising in the value we see alt coins lose value.  Generally down trend of alt coins don't last long and they get back to up trend. So it could be a smart thing to do if you  cab buy some alt coins in the red zone.
full member
Activity: 434
Merit: 100
Half hold bitcoin and buy the solid altcoin project at red zone it will makes you rich in my opinion. The alt coin you bought must be solid altcoin with good developer. Dont buy alt coin which will going to die like doge. Vertcoin is good one in my opinion.
hero member
Activity: 1358
Merit: 834
I think it's better to buy alts in the red, just because you will get more profit than buying btc for getting BTG after the fork.
I don't know why people are preferring altcoin over bitcoin due to bitcoin gold. Bitcoin gold is going to be like bitcoin cash, may be it will cross the price of BCC but holding on bitcoin will actually give more profits. It is juat a mattre of time and patience. I am not in the favor of leaving bitcoin for any other crypto currency. If someone is planning to sell it out before dip and buy it during that, it is a wise move.


For a BTC,only Bitcoin will replace the place not a BCC or Bitcoin gold or anything else.I know bitcoin from the value of 500$.I think all of you know the bitcoin price now.It's just 6000$.Just imagine how much power and root bitcoin has to grow this value.Now the answer for your question,I will give you a two option .One is just hold your Bitcoin till the October end and sell that with the peak value and get good profit.Second is ,sell the holding bitcoin now and Brought the Altcoin like ETH,Waves and NEO.
Best course of action always depends on how much risk people want to take and how much money they have invested.

I wonder how many actually understand how to balance a portfolio though... Seems like most are buying and selling randomly on a whim..
hero member
Activity: 1305
Merit: 511
I think it's better to buy alts in the red, just because you will get more profit than buying btc for getting BTG after the fork.
I don't know why people are preferring altcoin over bitcoin due to bitcoin gold. Bitcoin gold is going to be like bitcoin cash, may be it will cross the price of BCC but holding on bitcoin will actually give more profits. It is juat a mattre of time and patience. I am not in the favor of leaving bitcoin for any other crypto currency. If someone is planning to sell it out before dip and buy it during that, it is a wise move.


For a BTC,only Bitcoin will replace the place not a BCC or Bitcoin gold or anything else.I know bitcoin from the value of 500$.I think all of you know the bitcoin price now.It's just 6000$.Just imagine how much power and root bitcoin has to grow this value.Now the answer for your question,I will give you a two option .One is just hold your Bitcoin till the October end and sell that with the peak value and get good profit.Second is ,sell the holding bitcoin now and Brought the Altcoin like ETH,Waves and NEO.
hero member
Activity: 1358
Merit: 834
After all I would still say hold more bitcoin. We can't really guess the bottom of altcoins right now. I try to look into all these so called strong altcoins. Nearly none of them has enough buy support. Altcoins are really returning back to spring.
Altcoins are strong long-term buys because they have no buy support. Crypto is full of greedy and impatient people who don't know what they are doing.

So patient investors who manage to identify the real gems before everybody else does will be the winners in the long run.
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