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Topic: Investing in Alts instead of Bitcoin for far greater returns (or losses) - page 3. (Read 1490 times)

hero member
Activity: 1106
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Investing alts is not always profitable and if you are planning to hold for a longer time then it is never a good idea. Holding more than 80% of your portfolio in Bitcoin is always preferred. Alts may give you a higher profit but dont forget that it can go down anytime and you will never get back your investment.
hero member
Activity: 2744
Merit: 541
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i am bitcoin bully,but i don't wanna spoil a chance to profit good in market when altcoin has a chance as well.

for now i am looking at Ethereum 2.0 to give altcoin enough signal to move up ,together with the growth of market from Bitcoin Halving.

i may suggest diversifying our investment and just leave 50% for bitcoin and the rest is for altcoins
sr. member
Activity: 1120
Merit: 255
Over 90 percent of Altcoins are scam or useless. anyone else who tells you differently is a fool. Maybe some of them actually have good intentions and one day if some of them prove to be legit, but until then.This is a game in which the goal is to accumulate as many Bitcoin as possible. You're allowed to use fiat directly but you can also buy altcoins, pump them and sell them for Bitcoin before the 3rd Halvening. I am sure, in the end, only Bitcoin will be valuable.
hero member
Activity: 1680
Merit: 583
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Well taking about alts, I see ETC as still a good entry, cause if will be implemented on the sharding ETH becoming 2.0, there will be a new ATH for ETC for sure
hero member
Activity: 1386
Merit: 503
you a combination of the three and you are not stupid because that is your decision. I guess it's fine if you do that, investing in bitcoin and altcoin. many people also do that, but in choosing altcoin they usually have thought carefully and do research so as not to suffer a lot of losses. in other words, don't randomly invest in altcoin.
sr. member
Activity: 2534
Merit: 332
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well no one can conclude what you are doing now because we will see the results later, but yes it is a bit risky if putting all your investment in ALT would be better if you put 50-60% in BTC the rest in ALT. anyway goodluck for your investment.

Many people are splitting their investment into more than 10 cryptocurrency because they are never sure with one coin analysis, crypto price could always suprice us even with a great analysis and good news a coin could be dropped because dumped by whales. So if we want to survive in cryptocurrency, never putting so much expectation in one or 2 coins only
It's better to diversify your funds than investing it in two or three altcoins. Invest more on bitcoin and choose the best altcoins you think that would give you the profit you wished you could get during the bull run. Don't trust too much on altcoins because most of them are just following the trend of bitcoin. So always stay in bitcoin no matter what.
Indeed, most altcoins are like shadows of bitcoin's price movement so i am a little bit against the OP's decision to choose altcoins rather than bitcoin to be in his portfolio. Making your money go to multiple cryptocurrency can help you maximize your profit and minimize your loss so i agree that you put large percentage of your total asset in bitcoin maybe 40%-60% range and then choose good looking altcoins like ETH and XRP and others to complete your portfolio.
I don't actually trust too much on XRP but there are better alts than Ripple anyway. Ethereum is quite good for a first altcoin in your blockfolio then choose the other altcoins that would really give the best profit just like in the past when there's a bull market.
sr. member
Activity: 1050
Merit: 251
actually you are not stupid because putting money on lots of altcoin but this is too dangerous, maybe you can have a lot of money if altcoin also pumps in 2020 but if altcoin only has prices like now or more down then you will regret it. if I were you I would still choose bitcoin as the largest portfolio

Actually if a person has no purpose of his money, it's his freedom to take full responsibility of the money he owned. What I analyze with alts investments when bearish market is dominating aggressively, losses is always taking the lead and won't give you such profit compared with bitcoin as an asset.
full member
Activity: 1092
Merit: 101
actually you are not stupid because putting money on lots of altcoin but this is too dangerous, maybe you can have a lot of money if altcoin also pumps in 2020 but if altcoin only has prices like now or more down then you will regret it. if I were you I would still choose bitcoin as the largest portfolio
hero member
Activity: 2604
Merit: 816
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why would you invest in altcoins if you know that there is no hope for some of those altcoins even they are in the top 30?its better to invest in bitcoin or maybe half of it to those altcoins in the top10

That is what people should do to choose the best of investment because bitcoin will increase to a higher price, and that will give us a big profit. If people cannot analyze the market and he feel difficult to find the altcoin, he doesn't have to try to buy any altcoin and only select bitcoin for the investment. But if he selects bitcoin, he needs to wait for a long time to see the price will increase so high, and he also needs to manage his emotion because the bitcoin price will be volatile.
full member
Activity: 742
Merit: 101
why would you invest in altcoins if you know that there is no hope for some of those altcoins even they are in the top 30?its better to invest in bitcoin or maybe half of it to those altcoins in the top10
sr. member
Activity: 658
Merit: 251
well no one can conclude what you are doing now because we will see the results later, but yes it is a bit risky if putting all your investment in ALT would be better if you put 50-60% in BTC the rest in ALT. anyway goodluck for your investment.

Many people are splitting their investment into more than 10 cryptocurrency because they are never sure with one coin analysis, crypto price could always suprice us even with a great analysis and good news a coin could be dropped because dumped by whales. So if we want to survive in cryptocurrency, never putting so much expectation in one or 2 coins only
I think it is not about not sure, but about strategy. if we arent sure with what we do, then it is better to not do
only investing in what you understand is the thing which we should realize.
diversify is one of investing strategy, it aims to reduce the investing risk. many people have done that
jr. member
Activity: 362
Merit: 7
I think you are just a normal peep who wanted to make macimum profit from your Crypto. I guess we really need to learn how to take and manage the risk in investing our money in Crypto. What we need to do is to enhance our skills on trading so that we will have an alternative way of producing more profit while waiting.

you pretty much nailed it on the head Smiley

I'm not interested in taking small profits, I'd rather take the risk of huge profits or losses but that's just me Smiley
sr. member
Activity: 1876
Merit: 318
To be honest, you are among those who are very brave by investing in the top 20 altcoins. Because in my opinion it's still too early to
investing in altcoins now, the risk to be faced is still too great. It would be safer if investing in bitcoin, but that is the path you are taking.
You must be prepared with whatever risks will occur, there is still a possibility of altcoins experiencing bullish. So now it is still not visible
where the development of market prices will go, which can suddenly go up or down.
sr. member
Activity: 1190
Merit: 253
I think you are just a normal peep who wanted to make macimum profit from your Crypto. I guess we really need to learn how to take and manage the risk in investing our money in Crypto. What we need to do is to enhance our skills on trading so that we will have an alternative way of producing more profit while waiting.
full member
Activity: 1078
Merit: 102
I won't dare go invest everything alts. Its better to have 50% on btc, some ETH and then invest the rest on altcoins. Majority of alts dies. Its risky to go 100%.
sr. member
Activity: 658
Merit: 256
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At the risk of going against what most Crypto investors suggest, I've decided to keep the majority of my portfolio consisting of projects from the top 20 Alts (apart from BSV and BCH which are shitcoins) working on the assumption that many of them are down by a far greater percentage in the last few years than bitcoin which has actually gone up Smiley

I'm well aware its a gamble but I'm prepared to run the risk of either making insanely large profits or losing my $2K investment especially after watching the markets the last few days, Alt prices have gone up and down faster than a hookers knickers  Grin

Your thoughts peeps? am I stupid, brave, a pathological gambler or a combination of the the three?

I would say you are that brave enough because at first, you have already know the risks it would take on investing all of your money into pure Altcoins only. Although that was experimental I think on your part, still you risk money that supposedly have the potential to grow when you part it on investing and holding into Bitcoin as well. We all know that any kind of cryptocurrency have their own potentials that are being unlocked in no time since we are in a virtual market wherein currencies move in volatility so we can never tell when and how it will happen. But if your point of view that making investment purely with Altcoins suit preference and style as well as strategy on doing investment, it will be always your choice since it was your money. But if I were you, I will still go into Bitcoin by having Altcoins as well since both are beneficial and always have a potential to grow making benefits.
sr. member
Activity: 896
Merit: 267
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well no one can conclude what you are doing now because we will see the results later, but yes it is a bit risky if putting all your investment in ALT would be better if you put 50-60% in BTC the rest in ALT. anyway goodluck for your investment.

Many people are splitting their investment into more than 10 cryptocurrency because they are never sure with one coin analysis, crypto price could always suprice us even with a great analysis and good news a coin could be dropped because dumped by whales. So if we want to survive in cryptocurrency, never putting so much expectation in one or 2 coins only
It's better to diversify your funds than investing it in two or three altcoins. Invest more on bitcoin and choose the best altcoins you think that would give you the profit you wished you could get during the bull run. Don't trust too much on altcoins because most of them are just following the trend of bitcoin. So always stay in bitcoin no matter what.
Indeed, most altcoins are like shadows of bitcoin's price movement so i am a little bit against the OP's decision to choose altcoins rather than bitcoin to be in his portfolio. Making your money go to multiple cryptocurrency can help you maximize your profit and minimize your loss so i agree that you put large percentage of your total asset in bitcoin maybe 40%-60% range and then choose good looking altcoins like ETH and XRP and others to complete your portfolio.
sr. member
Activity: 2534
Merit: 332
Vave.com - Crypto Casino
well no one can conclude what you are doing now because we will see the results later, but yes it is a bit risky if putting all your investment in ALT would be better if you put 50-60% in BTC the rest in ALT. anyway goodluck for your investment.

Many people are splitting their investment into more than 10 cryptocurrency because they are never sure with one coin analysis, crypto price could always suprice us even with a great analysis and good news a coin could be dropped because dumped by whales. So if we want to survive in cryptocurrency, never putting so much expectation in one or 2 coins only
It's better to diversify your funds than investing it in two or three altcoins. Invest more on bitcoin and choose the best altcoins you think that would give you the profit you wished you could get during the bull run. Don't trust too much on altcoins because most of them are just following the trend of bitcoin. So always stay in bitcoin no matter what.
sr. member
Activity: 1022
Merit: 252
well no one can conclude what you are doing now because we will see the results later, but yes it is a bit risky if putting all your investment in ALT would be better if you put 50-60% in BTC the rest in ALT. anyway goodluck for your investment.

Many people are splitting their investment into more than 10 cryptocurrency because they are never sure with one coin analysis, crypto price could always suprice us even with a great analysis and good news a coin could be dropped because dumped by whales. So if we want to survive in cryptocurrency, never putting so much expectation in one or 2 coins only
sr. member
Activity: 1190
Merit: 267
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well no one can conclude what you are doing now because we will see the results later, but yes it is a bit risky if putting all your investment in ALT would be better if you put 50-60% in BTC the rest in ALT. anyway goodluck for your investment.
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