I do the otherwise instead, OP. Ever since I enter crypto, my last point has always been to change some of my altcoins to bitcoin. I don't remember changing my bitcoins to ether or any other coin.
I value bitcoin than any other altcoins to make such a decision. I am not rushing to make big profits because I know in the near future, my little investments in Bitcoin will fetch me big.
Topic: How often do you invest your Bitcoin to Altcoins? (Read 1246 times)
I never do , bitcoin is worth hodling , while some altcoins are good to be traded or invested into
I'm sure that bitcoin has a brighter future and will , eventually increase in price more than any altcoin out there
but , do not pass on the opportunities to invest into a decent alt when you see potential profit
never sell your bitcoin for that , though , use your profit or "spare" money
I always consider alcoins as a shorting opportunity while bitcoin as a long term investment and a store of value
I'm sure that bitcoin has a brighter future and will , eventually increase in price more than any altcoin out there
but , do not pass on the opportunities to invest into a decent alt when you see potential profit
never sell your bitcoin for that , though , use your profit or "spare" money
I always consider alcoins as a shorting opportunity while bitcoin as a long term investment and a store of value
I have thought of this topic because I don't invest much in altcoins, just trading it to profit. I'm talking about the one you will buy that you would HODL in the long term and keeping it in your cold wallet, hardware wallet, paper wallet, or whatever you do with it as long as you keep the currency itself.
The reasons I could think are the following:
I'm just wondering if there are other reasons that you may have and if you agree with the ones I listed. Share it here.
The reasons I could think are the following:
- You invest because of the Technology of the coin And what it could bring to the cryptocurrency space
- You know the developers and supporting them
- You believe you could profit in the long-term
- Because of the Name of the coin. Lol.
I'm just wondering if there are other reasons that you may have and if you agree with the ones I listed. Share it here.
I have a thread that shows that Bitcoin dominance is now over 90% and we are in a bull run, I have traded all my non performing altcoins to Bitcoin, and if ever there is a new coin or existing altcoins that I think will have a good potential in the market, I can only allocate a small portion.
People should accept the fact that we are moving fast in Bitcoin adoption and this is what we have been waiting for, Bitcoin volume is growing and countries and companies adopting Bitcoin, altcoins will have its time, that's for sure but now it's Bitcoin's time to shine.
Usually, I invest fiat money in altcoins, not BTC, because I believe that Bitcoin is the most profitable cryptocurrency and it is worth holding for the long term. I keep holding BTC, while investing some amounts of fiat money, from time to time, in ETH, LTC and many other good altcoins.
I do invest my bitcoin in altcoins if i see that the project is promising, most especially if the project has working product, good partners and also have good community behind them.
I have thought of this topic because I don't invest much in altcoins, just trading it to profit. I'm talking about the one you will buy that you would HODL in the long term and keeping it in your cold wallet, hardware wallet, paper wallet, or whatever you do with it as long as you keep the currency itself.
The reasons I could think are the following:
I'm just wondering if there are other reasons that you may have and if you agree with the ones I listed. Share it here.
The reasons I could think are the following:
- You invest because of the Technology of the coin And what it could bring to the cryptocurrency space
- You know the developers and supporting them
- You believe you could profit in the long-term
- Because of the Name of the coin. Lol.
I'm just wondering if there are other reasons that you may have and if you agree with the ones I listed. Share it here.
So far, I only keep BITCOIN and DOGECOIN assets for the long term ... because I believe both of these coins have a price bond ... if bitcoin rises then dogecoin will also go up and vice versa ... then I save both of them as investment term long ... with so many opinions about the increase in the price of bitcoin it makes me even more convinced to save both of them ..
Both are potential coins to buy and invest in. However, rarely do I buy bitcoin and alternative coins at once. I buy them alternatively thus when bitcoinprice rises, I buy it and vice versa.
Id rather converting my alts to btc than to converting my btc to alts, I had so much trust in bitcoin rather than alts in the market that is only good for short period of time. Maybe I would invest but it wont come from btc to alts maybe I will put some fiat to buy for it and I will go for a well known coins in the market.
I only convert my BTC/ETH to other altcoins if I'm for sure that the project is a success if I truly believe in their mission and if they have a reasonable roadmap/goal, or if its an instant ROI. It's pretty hard to be confident when investing in an ICO since you will never know what's gonna happen with the coin value after the sale. Micro Token Offerings are somehow giving a solution since its letting you get a price lesser than a presales on coins that are in the exchanges already. I would always go for opportunities and coins that has a lesser risk of me losing.
Bitcoin is the oldest cryptocurrency and in turn the bedrock of other cryptocurrencies. I invest confidently in bitcoin cos I know the liquidity is strong enough and noatter the rise and fall, it always remains a strong project. Recently, I invested big, more than I have ever done. Price fell shortly after that investment but am not withdrawn. It will only take time to recover, but yeah, it definitely will.
- You believe you could profit in the long-term
I'm just wondering if there are other reasons that you may have and if you agree with the ones I listed. Share it here.
Though this second quarter since the bull comes back I decided to sell some alts and buy Bitcoin until last month and now I am waiting to buy altcoin again
Every month I allocate altcoins and bitcoin as my investment. I do this as a long-term investment. no matter what the price is. when I started doing research and was sure that in the future it would be good then I would still be on the data and every few months to review whether this is still suitable for investment or not
So since when you started doing this?and how long are you willing to do this?in 2018 I do same thing allocating 10% of my wage to buy crypto but stopped in December to wait the bull but suddenly it took another 5 months to happen 
Now I balance between bitcoin investment and my altcoin investment. Bitcoin prices that have not increased significantly make me have to change my playing strategy for the better. Even now I plan to exchange all of my bitcoins for the altcoins I want like eth and bnb. For me, playing eth and bnb is more interesting than playing bitcoin. But I still have many considerations for making that decision. I am still monitoring the market in one more month to make a truly definite decision.
I invest in just very few altcoins because I know many will fail in the long run. What draws my interest in a coin is project development especially. Achievements by the team and project vision shows a great coin for long term hold. On your list I saw "name of coin", only a noob will invest in an altcoin just because the name is appealing lol.
Looking the changes happening in the crypto market for the past months now, I don't see it as advisable to invest my Bitcoin into Altcoins. I prefer selling my altcoins for Bitcoin. Altcoins has the tendency to drop to about 20% causing a huge lose to investors.
yup! you are right.i also don't like to sell my bitcoin and exchange it for altcoins.
i think bitcoin will be very profitable, bitcoin is not dependent on altcoins and is not controlled by altcoin.
so i don't have a good reason to exchange my bitcoin for altcoins, i prefer to save bitcoin and wait for it until i get the benefits that i expect.
I agree with you on all of the points you have provided. For me in general, I first of all look at the technology and concept of a project while investing or working for the project as a bounty hunter. Likewise, I also do not miss my look at the project team as team is considered to be a backbone for a project to grow. Thank you for this.
the team is the first thing on which we should pay attention. but there are also a lot of good game/gambling projects in which teams do not reveal their identity.
I agree with you on all of the points you have provided. For me in general, I first of all look at the technology and concept of a project while investing or working for the project as a bounty hunter. Likewise, I also do not miss my look at the project team as team is considered to be a backbone for a project to grow. Thank you for this.
I have thought of this topic because I don't invest much in altcoins, just trading it to profit. I'm talking about the one you will buy that you would HODL in the long term and keeping it in your cold wallet, hardware wallet, paper wallet, or whatever you do with it as long as you keep the currency itself.
The reasons I could think are the following:
I'm just wondering if there are other reasons that you may have and if you agree with the ones I listed. Share it here.
The reasons I could think are the following:
- You invest because of the Technology of the coin And what it could bring to the cryptocurrency space
- You know the developers and supporting them
- You believe you could profit in the long-term
- Because of the Name of the coin. Lol.
I'm just wondering if there are other reasons that you may have and if you agree with the ones I listed. Share it here.
you should add good adoption rate because of good connections to big entities. For ex: vechain got way many big connections in china alone so for me it is a very good choice to hodl for the long term because it surpasses any of its competitors when it comes to adoption rate because of its good relationship to big entities.
I invest everytime when I have free money, for example when I earn something from signature campaign, a part of it I sell and buy Bitcoin and high-cap altcoins.
Like altcoins and invest in them more often than I should maybe 
Usually prefer some strong coins that everybody knows. But also like some interesting small projects with unique ideas.
I have a simple doubt, how many projects have you invested your money and what all projects gave you a good return, i have not seen many projects that gave a good return in a very long time and some of the projects i invested gave me a good return simply because i cashed out when the market went high and if i were to hold those coins i would have ended in a loss. Usually prefer some strong coins that everybody knows. But also like some interesting small projects with unique ideas.
yes i invest my bitcoin in altcoins especially if bitcoin price goes down i buy it in altcoins because i'm sure that when i invest in altcoins i will make a lot of money since those are starting to rise its price.
Jump to: