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.
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 only thing that makes me want to invest in altcoins is the ability to increase profits compared to BTC. Altcoins can bring much higher profit than BTC because their market capitalization is low, it is easy to pump many times in a day. But there are also certain risks when investing altcoins, and when investing altcoins you must accept that risk. 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 rarely do that as most of these altcoins really turn out to be shit coins anyway until just recently a friend talked to be about Vechain, i have purchase some of their coins and i plan of holding them for a very long time and see how their project develops to bring more value to the tokens.
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.
It is a mistake to choose a project based on the promises of developers to create this or that technology. Believe me, developers can promise you anything, but to create it is much more difficult. You need to invest in something that has already been created and is working or has a working sample. Investing in promises is very risky and stupid.
I do not have only one scheme of investing in cryptocurrency. I guess the first moment we must remember here about is the market waving, although it seems very simple to some people. It is evident that I do not invest in tokens and BTC when they are on the top. On the other hand, when I get extra money, it is invested in new and promising 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.
Usually prefer some strong coins that everybody knows. But also like some interesting small projects with unique ideas.
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.
Not at all often. Most especially at the present time of ICO that most of the ICO projects were turning out to be scam and fraud. Some was great in term of ideas in the whitepaper contents, but dumpers activities just keep spoiling prices.
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.
A lots of time I've invested Bitcoin to altcoins. Furthermore I can still remember those name & their market price. That's because I've found them more profitable than Bitcoin.
Quote
The reasons I could think are the following:
The reasons was in your thread and that is "i could profit in the long-term" from those altcoins. That's why I keep them in my mew wallet. But this year, I've sold some of them due to dump market & unable to fulfill their aim... - 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.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I think in this year, I don't invest too many altcoins because I already did that in the last year. I am glad that in the last year, all of the altcoins have reached the bottom and I can buy a lot of the altcoin and this year, I tried to sell some of them. While I sell some of them, I still wait for the next bull run of the altcoin which I am sure it will happen soon. But I will think again if I can see the top 20 coins list can get down deeper, I will buy it again to add more coins in my wallet.
yes I agree with some of the criteria that you have mentioned, I more often observe how developers work on their projects, including the products and functions of the coins they develop. maybe that was one of the reasons I was interested in being invested with some potential altcoins.
I only make strong altcoin investments. bitcoin is more important in my investment. altcoin is only for daily trading or short-term investments. so I will not exchange bitcoin investment assets for altcoins.
yes I agree with some of the criteria that you have mentioned, I more often observe how developers work on their projects, including the products and functions of the coins they develop. maybe that was one of the reasons I was interested in being invested with some potential altcoins.
Currently I am only interested in Ethereum. It is one of the best technology businesses I've ever known.
Their current ERC-20 platform is still very popular and ETH has made a lot of money from that.
And one of the reasons I hold ETH for the past 2 years is Vitalik's professionalism and strategy. he has led the whole business in the right direction and brought big profits every year.
I agree. besides Ethereum, I also invest in BNB, where I see from technical analysis, BNB has good prospects in the long run. besides that in terms of fundamentals, I think binance is a trusted exchanger at this time, of course new investors will choose an exchange that has been tested, because it is more reliableTheir current ERC-20 platform is still very popular and ETH has made a lot of money from that.
And one of the reasons I hold ETH for the past 2 years is Vitalik's professionalism and strategy. he has led the whole business in the right direction and brought big profits every year.
I don't invest in altcoins. but maybe vice versa, I trade altcoin to invest in bitcoin. but sometimes I also sell bitcoin for capital trading altcoin. but I don't do it often.
Currently I am only interested in Ethereum. It is one of the best technology businesses I've ever known.
Their current ERC-20 platform is still very popular and ETH has made a lot of money from that.
And one of the reasons I hold ETH for the past 2 years is Vitalik's professionalism and strategy. he has led the whole business in the right direction and brought big profits every year.
Their current ERC-20 platform is still very popular and ETH has made a lot of money from that.
And one of the reasons I hold ETH for the past 2 years is Vitalik's professionalism and strategy. he has led the whole business in the right direction and brought big profits every year.
I would also buy alts to preserve the value of my coin- buying stablecoins. Ofcourse stablecoins are alts. Businesses would be better off using alts to complete trades rather than btc because it can fluntuate in value, most times downward trend which can be huge losses for business that accepts btc.
But, funny as it may seem to you, it has to have a name as well.
Every coin has a name but what's funny to me is almost every coin name has been invented, including persons in the Biblical Story. Would people invest because they see "Jesus Coin"? I don't know if the developers are joking around about it or if they are believers. Sometimes, there are names not to be mocked or something like that. I majorly invest because of the technology of the project and what people stand to gain from it. These days project team are not very sincere. they collect fund and don't carry out project development, making community to loss their trust.
This is probably the reason why the cryptocurrency space has been looking bad. The continuous developing of websites, whitepapers, marketing strategy, etc is going on full circles. It's continuous like that and people don't believe in ICO or anything related to "crowd-funding" etc.And I believe for short term profit an IEO is the promising place at this time especially an IEO who launched by Binance exchange. Seems like this strategy is suitable for you, get profit from altcoin investment and the profit that you get you will store it to buying bitcoin.
I think having or participating in an IEO now wouldn't be so beneficial anymore, only the token holders could get most of the money from it. They could easily dump everything.For long term investment im choose with the cheapest on 20 top coinmarketcap. And look also how the price and project going on by years to years. Probably im choose XLM,TRX and ADA for middle price im choose ETH.
Not bad, any coin in the CMC means they have volume and being traded, whether it's market-making or not, it's a good start when choosing. Are you putting it in a hardware wallet or something?
altcoin is good, but I prefer altcoin that is still 1 to 2 years old, usually an altcoin like this which has a huge advantage when it has been widely adopted by the public,
and also the project that already has yellowpaper, this is one of the projects that I am looking for, because the project has been running halfway through, different from the whitepaper which is still limited to the concept.
and also the project that already has yellowpaper, this is one of the projects that I am looking for, because the project has been running halfway through, different from the whitepaper which is still limited to the concept.
For long term investment im choose with the cheapest on 20 top coinmarketcap. And look also how the price and project going on by years to years. Probably im choose XLM,TRX and ADA for middle price im choose ETH.
Considering the state of the crypto market now, I don't really think anyone is trading their Bitcoin to invest in altcoins. Me for instance, I will rather sell my altcoins for Bitcoin than trading my bitcoin for any altcoins. There are a lot of shitcoins in the altcoin ecosystem to even consider trading or investing in them. For me, I don't invest my Bitcoin in altcoins.... I prefer Bitcoin can any other coin...
I am holding 50 % of my investments in Bitcoin and the other 50 % in altcoins. But for me Bitcoin is the most important. So I am sometimes investing in promising altcoins with a good team and community and sell the altcoin with profit to increase my bitcoin holdings.
Bitcoin should be the first place for everyone investment. I believe only bitcoin will give a huge profit either for short term investment or for long term investment. Different with altcoin, I don't know the potential of altcoin since the price only meet a decrease when bitcoin price meet a bull run a few weeks ago. And I believe for short term profit an IEO is the promising place at this time especially an IEO who launched by Binance exchange. Seems like this strategy is suitable for you, get profit from altcoin investment and the profit that you get you will store it to buying bitcoin. 
Most of all you listed are the reasons I am hodling my altcoins expect the fourth option (lol), fancy name don't equals effectiveness. Another quality I look out for in the coin I am holding are their quicker transaction.
Though I didn't buy them recently nor this year but years ago and haven't regretted.
Presently, I won't even think of swapping my Bitcoin to Altcoins because first I believe the ones I have are worth it and is enough (think I see an altcoins good enough to compete with Bitcoin) and secondly, no new altcoins created lately are worth it.
Though I didn't buy them recently nor this year but years ago and haven't regretted.
Presently, I won't even think of swapping my Bitcoin to Altcoins because first I believe the ones I have are worth it and is enough (think I see an altcoins good enough to compete with Bitcoin) and secondly, no new altcoins created lately are worth it.
My investment plan is for time, if my research advice me that this the time to invest, I take this time. I don't invest often time because this isn't rules for cryptocurrency.
Good thing that you knew how to get good signal for investing on the right altcoins. But unfortunately to think of risking my bitcoins to alts right now isn't a good plan while witnessing bloody red on my blockfolio.
Do you mean converting BTC to certain altcoins?
Personally, it is rare to be done. But, sometimes, it is promising enough to convert the BTC into some certain altcoins such as Ripple, XZC, and also BNB. Of course, it may be useful when the pair of BTC and those altcoins are higher. So that we can gain more amounts of the altcoins.
Personally, it is rare to be done. But, sometimes, it is promising enough to convert the BTC into some certain altcoins such as Ripple, XZC, and also BNB. Of course, it may be useful when the pair of BTC and those altcoins are higher. So that we can gain more amounts of the altcoins.
I invest in the altcoins because I have deep experience in this field. From my trading experience, the potential jewel projects don't stay out of attention so long. Choosing the best altcoin can be boring but it will worth to go all-in in case of discovering one. While bear market extends,investors arrange their altcoin portfolio and they also consider the legendary investment assets too. The vision of the project is the most important component by my side as an investor and I mind to invest in the altcoins taking into account the credibility of the team for the forthcoming years.
Basically I do the opposite. I transfer profits from some altcoins earned from bounty to long-term contracts at BTC and ETH. Sometimes I buy promising, mostly exchange coins and game tokens, but for a short time. Two or three months, then selling.
converting our profit to Bitcoin and altcoin is the best idea my friend
because both crypto deserve to be in our bag for long term investments
regards
A well decentralized Altcoin and plans to improve the coin decentralization in the future could make me hold an Altcoin long-term. I cannot build a permanent base on project that is not truly decentralized.
I will also consider the coin Roadmap, expansion plans, developer's enthusiasm, project long-term viability, concepts, strategies to capture millions of users, etc.
Developers ideals matter most in the end. .
The characteristics of the altcoin and the roadmap is very essential in knowing a better altcoins specially the products and services that they introducing is it viable and also the sustainability for the future that it would last longer and the value of the coins will not drop after launch. I will also consider the coin Roadmap, expansion plans, developer's enthusiasm, project long-term viability, concepts, strategies to capture millions of users, etc.
Developers ideals matter most in the end. .
I use my bitcoin to buy altcoins for my trading job, keeping altcoins came from the top list in the market cap is possible to bring lot of profits in the future specially ethereum.
But of course I am not stupid to invest mynall bitcoun into altcoins because everyone knows keeping bitcoin for long term is very profitable.
But of course I am not stupid to invest mynall bitcoun into altcoins because everyone knows keeping bitcoin for long term is very profitable.
A well decentralized Altcoin and plans to improve the coin decentralization in the future could make me hold an Altcoin long-term. I cannot build a permanent base on project that is not truly decentralized.
I will also consider the coin Roadmap, expansion plans, developer's enthusiasm, project long-term viability, concepts, strategies to capture millions of users, etc.
Developers ideals matter most in the end. .
I will also consider the coin Roadmap, expansion plans, developer's enthusiasm, project long-term viability, concepts, strategies to capture millions of users, etc.
Developers ideals matter most in the end. .
I majorly invest because of the technology of the project and what people stand to gain from it. These days project team are not very sincere. they collect fund and don't carry out project development, making community to loss their trust.
I currently gamble on altcoins, I call it gambling because most altcoins are dumping badly, I just buy low, and when it pumps, I sell-off and take little profit then wait for another dump. I set buy and sell order the same time with different fund, I hate to be on the long order book queue. Sometimes it works other times it fails.
Basically I do the opposite. I transfer profits from some altcoins earned from bounty to long-term contracts at BTC and ETH. Sometimes I buy promising, mostly exchange coins and game tokens, but for a short time. Two or three months, then selling.
I became part of crypto community in 2016 when i first started using btc and eth then 2017 was quite fomoic for me and i invested my precious btc and eth in many icos and coins and that passion declined with time as results were not good and now i feel better to stay in btc and eth only because all other investments where i invested my btc have proven to be in loss even after holding for more than 18 to 24 months and now i have decided to stay in btc and eth only.
Other reasons that makes me invest into it is : I know how the coins will be in the future, the goals of the project that i believe it will be achieved in the future for sure, a coins that have a huge potential to be a higher value in the future, the team behind the project, and still many more.
I do not agree with this. If this is for the new altcoin, of course there is no guarantee that they can be used for long-term investments.
Yes. I also never put my money to invest in new altcoins for long term. I think it is a truly wrong decision for sure. Most of the new altcoins are only about pump-dump once they are listed on exchanges. After several months, many turned to have very cheap prices.
Why don't to buy old coins, like Bitcoin and Ethereum for long term assets. I think it should be a better idea than keeping new altcoins. Currently, I am not really interested in new altcoins, I prefer to choose top coins for trading or investment.
People just believe that new projects can increase capital. And the old projects are not able to quickly make them rich by investing $ 10,000 in the project and having received X100, people want to change their lives. This is their strategy. But even without such investors, the market will stop going in front of and develop.
I did invested on Bitcoin in the year 2017 nearly about $10,000 and also in 2019 invested the same amount of money into Bitcoin, holding few etherum with some tokens for now so most of my portfolio filled with kind and I am I'm feel very good about my investment strategy.
I am not kind of investing too often and cryptos but it and join the moment of price changes and speculation.
I am not kind of investing too often and cryptos but it and join the moment of price changes and speculation.
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.
Last two of the reasons are the main reason for me. I invest because I think I could make a profit out of them and the coin name is very important.
.Despite of the technology, the coin could fail. For example, PEARL had great technology but due to some problem the coin could rise as it was expected but rather the team divided in parts.
Next, if I had have invested a lot of money in some coin or personaly I am connected to a project then I would have support the developers. That usually does not happen for a normal trader.
All are speculative and its final outcome or goal is profit. So why not trade BTC -> Altcoin. The dependence is there but some altcoin with fomo, good news can bring better returns. I think a lot of people move according to this plan.
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.
From the past I always buy low price coins in the market, trading my bitcoins to it. But lately I realized it's not the way I should do to my investment. So now, I am just trading my Bitcoin to ethereum and convert it back to Bitcoin when I see some profit and it worked well. I think I just stick to just this two coins for now then see another strategy to grow my money in crypto.
Before trading or invest over any coin I am always keep on eye this coins market their vulnerability, I am always analyse current market situation of coins before trading or invest, and I always choose instant trading for fast profit!
For a trader, invest in altcoins it cannot be counted, every day they can buy lots of altcoins. it's some routine to do an analysis on the altcoin market, buy altcoins with bitcoin, then sell them again when prices have gone up. I can hardly count because its very often 
not every time, only when the altcoin is having good news. I trade btc-usdt more because this is more predictable, than trading altcoins that are too volatile. I only buy altcoins when there is good news, and after my target is reached, I will sell it. I don't want to repeat the same mistakes because I hold the altcoin too long.
I invest directly in altcoins instead of bitcoin because I believe in altcoins more than bitcoin,things are not going smooth for altcoins but they will in time
I never do that I usually trade my altcoins to buy altcoins, I still consider Bitcoin to be irreplaceable I don't buy trade my that is on my wallet so I can buy new coins, new coins will take a lot of time to establish their presence, Bitcoin is already here and trading profitably.
Before trading or invest over any coin I am always keep on eye this coins market their vulnerability, I am always analyse current market situation of coins before trading or invest, and I always choose instant trading for fast profit!
I mainly invest in coins that I consider promising with big plans for the team and their high activity. Obviously, in prospective projects I seek first to make a profit, otherwise there is no point in investing without a profit. But lately I have been trying to sell some altcoins in which I don’t see prospects and development and leave BTC because its dominance has grown significantly lately.
I have traded BTC for ETH in the past when it was 10:1 and now I regret it, it was the stupidest trade I have ever made.
If asked how often, then the answer is very often. I very often invest bitcoin into altcoins when the market improves, because it is an opportunity to seek profits, even though I did not invest everything because personally I really like bitcoin.
I invest for the love of a project, I follow up on their development, if they keep up developing I top my investment funds. I invest to make profit as well losing money isn't a good deal.
- 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
That is my reason to invest in the altcoin, but I don't always buy whenever the price is down, but I will make sure that at that time, those altcoin is getting down. I will buy more amount no matter if I already have that coin because I believe and know that the developers can work better in the future, and they continue the project. Besides that, I will hold the most amount for a long-term and only use some amount to trade to gain more bitcoin because for that coin, and I think the price will be up and down in many times, so it is good for me to try to make a profit.[/list]
Recently, I am trying not to invest in altcoins, because I was very disappointed by the cryptocurrency market and in almost all altcoins, and therefore I only trust Bitcoin at this time.
but you should know, one from many way to inctease our bitcoin amount is by buying altcoins my friend
and not all altcoins bad buddy, you can see ethereum, eos, cardano is a part of good altcoins project
l would like to mention that l like absolutely invest ETH. That is why, it has more chance than another altcoins. It will eternal best altcoin. You can be on the right track, if you buy and hold it. l would really like to say that it is worthwhile. Personally, l find it extremely profitable. It is absolutely fantastic that we live in the era of high-tech.
To be realistic, the purpose of my investments is generally to make a long-term profit. And i usually prefer coins which in the Top20. Sometimes I am buy from the tokens too of that project to support the projects which i like. But even in that, I thinking that, I can sell in the long run when the coin / token price reaches a certain amount.
I have created my portfolio 1,5 years ago and I am investing more every month. The reasons for that are great prices and project updates, so I am buying more of those coins that are already in my portfolio. Furthermore, I am trying to add at least one new coin per month as well.
I have thought of this topic because I don't invest much in altcoins,
I was an investor in altcoins when altcoin was profitable and I because bitcoin price was not easy to pay for. At the turn of the bear market and bitcoin price fell I switched to bitcoin investment and as we would have it altcoins lost strength, no I will not sell my bitcoin to splash the money on altcoin
I don't simply invest in altcoin because of it's name only. I DYOR and I only chose those altcoins that are well established and have a strong beliefs that those coins will give me profits not just in the long run but whenever I trade them. The developer and the team has a big impact, too but I always look for each purpose. If a project has a possible goal, it may look successful.
Certainly switching I bitcoin to other altcoins as the price rises just like ETH and BNB because these two altcoins are very likely to increase the price.
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'm primarily invested in Altcoin, and very rarely hold high amounts in BTC.
While the reasons that you list are true in many cases, there are other advantages to holding altcoin, I'll list 3:
1. Staking!
Since altcoin really refers to any crypto other than Bitcoin (BTC), the only options for POW is one of many different altcoin options.
2. Privacy
Bitcoin does not provide anonymity only pseudonymity. For crypto to full replace cash worldwide it need to provide the same anonymity as cash, many altcoin chains provide this.
3. Diversity of Portfolio
While it is true that, right now, Bitcoin is doing very well but leaving many altcoins in the dust. Many altcoin investers whom were properly diversified during the past couple years saw much smoother movement in their profolio than those simply holing BTC, while these folks in this situation may currently be down from those who held BTC alone. In time bitcoin scalability issues as well as the two other items I mentioned have the ability to revive the altcoin market.
Hope that helps to clear up why some of us choose to hold our crypto in altcoin rather than bitcoin, and in the end isn't that what cryptocurrency is really all about? Choice.
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.
The first three are true for me. I have highly limited the number of alts I invest in as they have performed poorer than bitcoin this year.
When I invest, technology is an important aspect to consider. What the token/coin intends to achieve, how user friendly the coin is and most importantly, its current and future market. Developers and community is another factor, it's what would led the coin in long term. And of course every investor expects a good profit in long term.
I do not agree with this. If this is for the new altcoin, of course there is no guarantee that they can be used for long-term investments.
Yes. I also never put my money to invest in new altcoins for long term. I think it is a truly wrong decision for sure. Most of the new altcoins are only about pump-dump once they are listed on exchanges. After several months, many turned to have very cheap prices.
Why don't to buy old coins, like Bitcoin and Ethereum for long term assets. I think it should be a better idea than keeping new altcoins. Currently, I am not really interested in new altcoins, I prefer to choose top coins for trading or investment.
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.
Bitcoin and any other alts like ethereum is such a good investments for a long term they have good developer and smart contracts and some experts says that btc and eth reach 10x more in the future. 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.
Well, actually I rarely invest in the coins using my BTC. Sometimes, converting the BTC into altcoins may be good enough, however, if we don't know the exact project to invest, we may get nothing. In this case, the reason for investment using BTC for altcoins includes the right choice of the coins itself, how the coin prospect in the future, and also technology that is implemented.
As you know if you will buy Bitcoin than this is safe investment for long run but if you buy any other altcoin than its not sure that you will get much profit but i suggest should invest in trading on daily bases and make profit from trading .
I own around 10 altcoins, not including those shitcoins which I already set aside without the least effort to monitor since I have no more hope for them. The topmost reason when I buy altcoins is due to technology. But, funny as it may seem to you, it has to have a name as well. If the technology seems amazing and yet there is too slow a progress in their coin's value, I won't buy it. At the end of the day, the reason why I invest in a coin with disruptive or innovative technology, not to mention real-life use, is that it will hit the investors hard and the value of the coin will explode.
- 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.
I do not agree with this. If this is for the new altcoin, of course there is no guarantee that they can be used for long-term investments. Because they could die in the middle of the road. So, if they die, of course you don't benefit. Unlike the case if for the top altcoin of course it will be able to get long-term profits.[/list]
I spend on altocoins no more than 5% of my altofolio thinking of short-term, too. For example, I tend to invest in projects that are at the pre-burn stage so to speak. In 90% of case, the price will get higher. The next goal is TAN token, another burning is at the end of this month.
I'm a person who loves Ethereum technology, they have a talented founder and a great team of devs. They always give the best products and respond and appreciate positively from the crypto investor community.
The way I usually trade bitcoin with ethereum is because I want more Ethereum than the money I spend.
You know, Bitcoin has been growing very well lately, and growing higher than its peers.
I took advantage of this to buy more Bitcoin, wait until Bitcoin increased, ETH reduced the price, I would use Bitcoin to buy more than ETH.
The way I usually trade bitcoin with ethereum is because I want more Ethereum than the money I spend.
You know, Bitcoin has been growing very well lately, and growing higher than its peers.
I took advantage of this to buy more Bitcoin, wait until Bitcoin increased, ETH reduced the price, I would use Bitcoin to buy more than ETH.
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.
Don't be pessimistic, there are indeed many projects that eventually die and developers no longer care, but there are still projects that the development team continues to work hard on and the coins last long. You can take an example in an international project, where they continue to develop their projects, and can survive until now. for long-term investment, we will get profits. 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 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.
For me in my opinion I focused on the technology of the coin if this is a good investment and also to their marketing strategy if how they spread to the world their project. In the reality the more you fame the more you have investor right? Like bitcoin, Bitcoin is only the 1st cryptocurrency and we respect his technology because that is a new generation of money. But if we think twice there is no other utility right? Its only because bitcoin is now very famous. 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’d convert my bitcoin to some altcoins like ETH and BNB because I know those are the good coins to hold for. They grow a lot compare to other coins and beside having more coins will always be better than to just hold bitcoin alone, which for me is a very risky investment. Converting your bitcoin to altcoins is not a risk, its the trust you give to those altcoins.
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.
Jump to: