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Topic: How about investing into altcoins? - page 15. (Read 2610 times)

hero member
Activity: 3150
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DGbet.fun - Crypto Sportsbook
December 09, 2019, 07:30:44 AM
#9
Why focus in altcoins if everyone is focusing in bitcoin? I mean you can focus in bitcoin but at the same time invest to altcoins of your choice. You can diversify into altcoins but don't be over hype with what you're hearing with those altcoins.

I'm also an altcoin investor but I'm more focused with bitcoin because I know what I'm doing. If bitcoin pumps, other alts will also get affected but it's easier to look into bitcoin prices. And if you're hearing trying to convince others and focus with altcoins, I don't think that many will follow that advice.
sr. member
Activity: 1031
Merit: 251
bullsvsbears.io
December 09, 2019, 06:44:15 AM
#8
We are more focused on bitcoin than ever as most of the users wants to invest into bitcoin assuming a bull run post halving but nit many are planning to invest into altcoins, I think we need to focus on altcoins as well as there are coins like Tron, ADA and all which can pump anytime and priced extremely less as of now and even if bitcoin pumps it will have positive affect on altcoins as well so I think we should invest into reputed altcoins as well.
That's good because I'm sure there will be some altcoins that have a higher percentage increase than BTC, and I have prepared some altcoins that I will hold.

I hope there will be at least one altcoin that I hold will have a good price so that I can optimize revenue when the bull run occurs.
sr. member
Activity: 1848
Merit: 261
20BET - Premium Casino & Sportsbook
December 09, 2019, 06:38:02 AM
#7
why not, many people say that but not the new Altcoin, it only applies to old Altcoins and is listed in the top coinmarketcap, many I have invested are some Altcoins that have good potential because their development, promotion and team are very active until now, so speaking for investment do not choose the wrong make sure they are still active that's all
sr. member
Activity: 1274
Merit: 267
December 09, 2019, 06:24:54 AM
#6
We are more focused on bitcoin than ever as most of the users wants to invest into bitcoin assuming a bull run post halving but nit many are planning to invest into altcoins, I think we need to focus on altcoins as well as there are coins like Tron, ADA and all which can pump anytime and priced extremely less as of now and even if bitcoin pumps it will have positive affect on altcoins as well so I think we should invest into reputed altcoins as well.

Not every investor holding Bitcoin with that assumption. Some of them just want to save their assets in Bitcoin as it is the only independent currency in term of price. Just because people holding Bitcoin doesn't always mean that people believe the Bitcoin price will increase and just like when you hold your local fiat.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
December 09, 2019, 06:05:07 AM
#5
We are more focused on bitcoin than ever as most of the users wants to invest into bitcoin assuming a bull run post halving but nit many are planning to invest into altcoins, I think we need to focus on altcoins as well as there are coins like Tron, ADA and all which can pump anytime and priced extremely less as of now and even if bitcoin pumps it will have positive affect on altcoins as well so I think we should invest into reputed altcoins as well.
It's not true. the fact that if even the major coins like ADA, Tron and another altcoin major coin are also following bitcoin and get the same trend as bitcoin. We must take a big risk by putting our focus to the medium altcoin to get the best volatility as the majority of coins are getting a huge increase was coming from the medium tier like tezos, etc.
If you have a lot of money and that's enough to spend a small percentage to bet on the medium coin which was having the best volatility.
If that project is a good project and it has a lot of chances to be the next major altcoin like those coins were exist in the market. ADA, TRON, and many more start from nothing to something
legendary
Activity: 1568
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1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR
December 09, 2019, 05:35:24 AM
#4
We are more focused on bitcoin than ever as most of the users wants to invest into bitcoin assuming a bull run post halving but nit many are planning to invest into altcoins, I think we need to focus on altcoins as well as there are coins like Tron, ADA and all which can pump anytime and priced extremely less as of now and even if bitcoin pumps it will have positive affect on altcoins as well so I think we should invest into reputed altcoins as well.

Yes, you can actually earn more in the long run from altcoins. However, you have to be really careful about what projects you invest into. Try to stick to the top 50 or so coins on coinmarketcap to limit the amount of risk you'll be taking. If you want to be really safe but still make money in the long run, stick to Bitcoin. However, if you want something a little more risky with a higher upside, then try to find something around the #50 spot on coinmarketcap.
legendary
Activity: 3080
Merit: 1353
December 09, 2019, 05:24:24 AM
#3
Of course, that's why it is better to diversify out portfolio, but majority should be in Bitcoin and the rest altcoins in the top 10. There are a lot of Bitcoin maximalist around here in the community, but I will assume that there are also smart investors who goes into putting their money on altcoins.

The only thing worth to mentioned though is that majority of altcoins moves along Bitcoin. So it's very very hard for altcoin to push the price unless Bitcoin goes on another bull run. But when everything is right, like we have seen in 2017, altcoins will eventually bounce back and possible that majority of them will hit another all time high. So diversification is the key here.
sr. member
Activity: 896
Merit: 251
December 09, 2019, 05:23:13 AM
#2
investing in altcoin is still needed because there are still some altcoins that provide benefits too, although not much. maybe the potential is more on altcoin that has a good rating so at the moment I'm also just focusing on a few altcoins that have a rating in the market, with the aim of finding the potential among altcoins that have that rating
sr. member
Activity: 1638
Merit: 261
December 09, 2019, 04:20:39 AM
#1
We are more focused on bitcoin than ever as most of the users wants to invest into bitcoin assuming a bull run post halving but nit many are planning to invest into altcoins, I think we need to focus on altcoins as well as there are coins like Tron, ADA and all which can pump anytime and priced extremely less as of now and even if bitcoin pumps it will have positive affect on altcoins as well so I think we should invest into reputed altcoins as well.
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