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Topic: invest only in bitcoin? - page 10. (Read 2183 times)

full member
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DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
April 09, 2018, 05:20:44 AM
Clever investor always diversify his portfolio. Investing in just one crypto-currency carries with it both huge risks and a small chance to get a huge profit in case of its growth.
full member
Activity: 546
Merit: 100
April 09, 2018, 04:49:11 AM
The most important factor in determining which crypt money / money we will invest in is the amount of time we plan to invest. Current levels are very suitable for getting Bitcoin. But the strong rival Ethereum and so on. altcoins can also be evaluated. If your patience is high enough, you may need to buy a bitcoin and forget your investment for a year. Whatever it is, it may be better to invest in an amount that you will not feel sorry for when you lose.
member
Activity: 364
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
April 09, 2018, 04:24:51 AM
It's depend on your plan. If you plan to do Long-term invest you should choose coins that have been famous like BTC, ETH, and the other. But if you plan to do short-term invest you should choose some new coin but you must be careful and choose wisely.
investing in the long term would require more patience. to coin a bit of Bitcoin is hard to predict, especially if investing in new altcoin and not yet clear with the market volume, I think it would be more risk
newbie
Activity: 196
Merit: 0
April 09, 2018, 04:22:26 AM
I think you should invest it in bitcoin.
Bitcoin is more promising than other coins.
In investing you should learn a lot of strategies because a smart strategy will affect your profits in the future.
And the rest of the bitcoin investment you can spend with altcoin.
I think these 2 coins have a good coin reputation.
Good luck  Smiley Smiley Smiley
member
Activity: 434
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April 09, 2018, 03:39:49 AM
I think you should diversify your portfolio better, you can invest a bit in BTC, a little on ETH, and NEO. That's the way to reduce your risk. Although the price of other atlcoins depends on the price of the BTC, the rate of increase and decrease of each altcoin is different, so holding more coins will reduce the serious downturn of the BTC.
hero member
Activity: 3010
Merit: 629
April 09, 2018, 03:23:03 AM
This is an old topic and I wonder what could be your decision by that time its almost a year now, anyway I would like to give my stance regarding your questions.

If I were you I wont only focus in bitcoin, I have to consider altcoins because there are many coins that has potential not only btc, there are also eth, ltc, neo etc. Its better to diversify your investment since you are planning to invest $3k its a good capital actually to start with. Goodluck.

sr. member
Activity: 673
Merit: 253
April 09, 2018, 02:43:11 AM
Hello,

A question of a beginner, I read several articles that say better invest in bitcoin only (most of articles are from 2015-2016), but as bitcoin exceeds now $2500, I do not know if this rule still holds.

I want to invest a lot of money (let's say $3000), but I do not know if I have to invest only in bitcoin or other alcoins? What do you recommend?

Thank you

It depends about your needs. If you can invest in long term coins bitcoin will give you the biggest profit, you can try with ethereum too.
If you want day trading the best option will be watching market as often as you can for choose the best option for you
full member
Activity: 266
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Prontapay
April 09, 2018, 02:05:08 AM
Also depends on amount of money you have.If there is not a lot,you can get some alts that already did quite well before and solid project,but they dipped a lot cuzz of btc dancing so you can end up with some good profit.
newbie
Activity: 126
Merit: 0
April 09, 2018, 01:59:50 AM
It's depend on your plan. If you plan to do Long-term invest you should choose coins that have been famous like BTC, ETH, and the other. But if you plan to do short-term invest you should choose some new coin but you must be careful and choose wisely.
jr. member
Activity: 283
Merit: 1
April 09, 2018, 12:55:55 AM
There are some people who can not focus on many things and can only focus on one thing. If you belong to that group, I think it's the best decision to invest only in bitcoin. If you are not from that class, it is better to invest in bitcoin and some altcoin because it will be more profitable.
full member
Activity: 826
Merit: 100
April 09, 2018, 12:48:30 AM
you should not put all your eggs in one basket. buy some btc, use most of your investment budget, but buy some other coins as well. buy some eth and some neo, buy some low marketcap coins. check potential projects and invest them. it will pay off better than holding one thing only.
Yes, with some capital invested in other coins we can have many opportunities, so we can maximize profit. i suggest to thoroughly choose alternative coins so we do not hold long
full member
Activity: 434
Merit: 101
Bounty Detective
April 08, 2018, 10:29:59 PM
Hello,

A question of a beginner, I read several articles that say better invest in bitcoin only (most of articles are from 2015-2016), but as bitcoin exceeds now $2500, I do not know if this rule still holds.

I want to invest a lot of money (let's say $3000), but I do not know if I have to invest only in bitcoin or other alcoins? What do you recommend?

Thank you
don't just rely on bitcoin . try to be flexible and try to invest on some other altcoin it might help you in future .
hero member
Activity: 1484
Merit: 726
April 08, 2018, 10:19:11 PM
you should not put all your eggs in one basket. buy some btc, use most of your investment budget, but buy some other coins as well. buy some eth and some neo, buy some low marketcap coins. check potential projects and invest them. it will pay off better than holding one thing only.
full member
Activity: 714
Merit: 100
April 08, 2018, 09:37:41 PM
of course yes! in my opinion most of altcoin scam. only real coin is bitcoin. After 10 years very few coin will be used. One of these is bitcoin.

I agree with this, bitcoin is the only coin that has the ability to survive in a longer time than the other altcoins. But i also prefer to ethereum, which is my second choice when it comes in investing to cryptocurrency. And for the OP, i would suggest you to divide of your money into two and just invest to bitcoin and etheruem, since this two is the only crypto which the most reliable and profitable that i trust.

Well, we can invest to any coins as long as it was belong to the top and reliable coins. It just happen that Bitcoin is the best and most trusted coin in the market that is why if we want a sure earnings then better to choose Bitcoin only but the price become more expensive that is why we could choose the Altcoins as it was cheaper than Bitcoin for an investments. I also investing in Ethereum because even is Bitcoin is that reliable still it is not good to put all of your eggs in just one basket because Bitcoin is not 100% that will guarantee earnings.
full member
Activity: 462
Merit: 100
April 08, 2018, 09:17:52 PM
I usually spend 30% of the money invested in cryptocurrency to keep Bitcoin, the remaining 40% I use to invest ICO and the rest to invest in altcoin. For me Bitcoin is stable but the profit from bitcoin investment in this time is not high so I usually keep bitcoin as a form of saving instead of depositing into the bank.
sr. member
Activity: 545
Merit: 250
Colletrix - Bridging the Physical and Virtual Worl
April 08, 2018, 07:52:53 PM
of course yes! in my opinion most of altcoin scam. only real coin is bitcoin. After 10 years very few coin will be used. One of these is bitcoin.

I agree with this, bitcoin is the only coin that has the ability to survive in a longer time than the other altcoins. But i also prefer to ethereum, which is my second choice when it comes in investing to cryptocurrency. And for the OP, i would suggest you to divide of your money into two and just invest to bitcoin and etheruem, since this two is the only crypto which the most reliable and profitable that i trust.
No, there are lots of potential coins in the market and it will sure have a good impact soon. If we focus only in bitcoin, we might lose other coins that are alike in bitcoin that will be good in the future like ,ETH, and Waves.
hero member
Activity: 1554
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Top Crypto Casino
April 08, 2018, 07:36:12 PM
of course yes! in my opinion most of altcoin scam. only real coin is bitcoin. After 10 years very few coin will be used. One of these is bitcoin.

I agree with this, bitcoin is the only coin that has the ability to survive in a longer time than the other altcoins. But i also prefer to ethereum, which is my second choice when it comes in investing to cryptocurrency. And for the OP, i would suggest you to divide of your money into two and just invest to bitcoin and etheruem, since this two is the only crypto which the most reliable and profitable that i trust.
member
Activity: 350
Merit: 11
April 08, 2018, 01:23:18 PM
of course yes! in my opinion most of altcoin scam. only real coin is bitcoin. After 10 years very few coin will be used. One of these is bitcoin.
nonsense. You buy only bitcoin since you don’t get to know another coins. At least get to know there is one more competitive coin called as Ethereum. Recently the founder of ETH on meeting pointed out the weak side of BTC. http://www.businessinsider.com/ethereum-founder-vital.. ETH is quite competitive, it’s wise to hold two or more coins at least to avoid risk.
sr. member
Activity: 812
Merit: 253
April 08, 2018, 11:20:19 AM
It is weird when this topic was created almost a year ago and the OP who opened up this topic is still a newbie but anyways I will answer your question or topic based on my opinion. It would be best if you have some money to invest in to diversify your investment. Buy at least 3-5 coins including bitcoin, at least your investment does not only rely on one certain coin and would not drop down that much if you divided your money in many cryptocurrencies.
sr. member
Activity: 672
Merit: 281
April 08, 2018, 11:14:03 AM
I always want to invest BTC but then the subcoins are more attractive. We always need to keep at 50% BTC our investment.
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