Though altcoins are not showing improvement somehow the current state is a good timing to invest since majority of alts are declining.
Its always good to diversify your investment so if the other didnt turn out well you have another to turn on to. This year bitcoin is quite popular due to halving so some of us chose btc over alts.
Topic: Investing in Alts instead of Bitcoin for far greater returns (or losses) - page 5. (Read 1490 times)
January 23, 2020, 05:33:26 AM
January 23, 2020, 04:32:50 AM
There's no harm in investing with altcoins instead of Bitcoin if you're more comfortable with that but as for me, there's a greater assurance of gaining a good profit in Bitcoin. there are still potential altcoins that are worth investing with like Eth and Xrp but investing in new altcoins would bring us a big risk of losing our funds. As long as we know how to deal with every market situation, investing with good coins will always be worth it.
January 23, 2020, 04:14:01 AM
It is better to go all in with bitcoin than altcoin, although that is not recommended too. At least, you need to have fiat to buy more bitcoin if somehow, the bitcoin price is down deeper. I would use bitcoin as the investment, and I don't use too many altcoins if I were you because it will difficult to select the profitable altcoin that can increase although you can use the top 20 list as the investment. But I hope you already calculate the risk that can happen in the future, and you can diversify your portfolio to many altcoins.
January 23, 2020, 01:14:41 AM
while you are aware of the risk you are taking in my opinion is not a problem because we are investing to get profits or minimize losses received.
the higher the risk taken the greater the opportunity for profit, that's the choice when entering the crypto market.
the higher the risk taken the greater the opportunity for profit, that's the choice when entering the crypto market.
January 22, 2020, 03:32:59 PM
This is the logic that increased ethereum to 1500 dollars, why? Because when a coin is at only 1-2 dollars or even less, people think that increasing just to 1 dollars would make the price go up so much that you will become rich. They end up getting 1 million of a certain coin because it is practically free and they hope that their altcoin would go up so much to 1 dollar that their 350 dollar investment would eventually worth 1 million dollars and all of their financial troubles would be gone.
The real world doesn't work like that, if there is an altcoin that worths less than 100 satoshi, there is a reason why it worths so little. Maybe few coins did that like XRP or similar but that doesn't mean there will be plenty of coins that will do the same thing.
The real world doesn't work like that, if there is an altcoin that worths less than 100 satoshi, there is a reason why it worths so little. Maybe few coins did that like XRP or similar but that doesn't mean there will be plenty of coins that will do the same thing.
January 22, 2020, 12:01:13 PM
I also think quite often lately that Altcoins prices have fallen much more than Bitcoin price, so they should have more potential for price increases.
However, the increasing dominance of Bitcoin on the market tells me that this is not the time for Altcoins. If I had to decide how to call an investment in alts now, then at this point I would call it gambling.
It seems to hard for altcoins to recover quickly, they are dump so much that they couldn't make it for a short period of time. I believe that 2020 is another potential year for altcoins but can't deny also that 6months may not enough for the market recovery. And so, we don't need to expect a lot this year...may Bitcoin price have its strike but may not for altcoins (even ETH). However, the increasing dominance of Bitcoin on the market tells me that this is not the time for Altcoins. If I had to decide how to call an investment in alts now, then at this point I would call it gambling.
January 22, 2020, 11:35:47 AM
I also think quite often lately that Altcoins prices have fallen much more than Bitcoin price, so they should have more potential for price increases.
However, the increasing dominance of Bitcoin on the market tells me that this is not the time for Altcoins. If I had to decide how to call an investment in alts now, then at this point I would call it gambling.
However, the increasing dominance of Bitcoin on the market tells me that this is not the time for Altcoins. If I had to decide how to call an investment in alts now, then at this point I would call it gambling.
January 22, 2020, 11:27:39 AM
I always love alts, but what is the hardest thing for me is when I have a certain alt that I think is going to do good.
It's to hard for me to sell, with the fear of missing out if it ever goes up.
I have done it many times now and never seem to learn, where sometimes it would be worth a lot and I couldve sold it and actually buy a top 10 alt that's actually good, instead of some useless allt.
So my advice will be really invest in the alts that are already established and are going no where, they are here to stay and have a solid foundation and clear goals.
It's to hard for me to sell, with the fear of missing out if it ever goes up.
I have done it many times now and never seem to learn, where sometimes it would be worth a lot and I couldve sold it and actually buy a top 10 alt that's actually good, instead of some useless allt.
So my advice will be really invest in the alts that are already established and are going no where, they are here to stay and have a solid foundation and clear goals.
January 22, 2020, 11:06:22 AM
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 
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
Your thoughts peeps? am I stupid, brave, a pathological gambler or a combination of the the three?
I wouldn't say people stupid as long they already know the risk. Maybe you are brave, because want to speculate in altcoin although already know if altcoins have possibility to dumped again (actually bitcoin too, but maybe not much like altcoins) and i hope you can get your profit with it. 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
Your thoughts peeps? am I stupid, brave, a pathological gambler or a combination of the the three?
January 22, 2020, 10:49:07 AM
It is a fact that there is a greater returns to Altcoins that is why people who are not yet satisfied with Bitcoin's profit go for Altcoins. But we all know also that there is a greater risks on investing on Altcoins because your money have the tendency to be totally gone when you chose shitcoins. Be careful on choosing Altcoins. I think we go for the top 5 or 10 Altcoins.
yes, with limited capital or a small amount, of course, the benefits to be gained from altcoin can be greater than bitcoin. but it all depends on the asset chosen. bitcoin is still a good long term investment than altcoin. because of altcoin, I think it would be better for a daily trade or a short-term investment. 
January 22, 2020, 10:17:02 AM
It is a fact that there is a greater returns to Altcoins that is why people who are not yet satisfied with Bitcoin's profit go for Altcoins. But we all know also that there is a greater risks on investing on Altcoins because your money have the tendency to be totally gone when you chose shitcoins. Be careful on choosing Altcoins. I think we go for the top 5 or 10 Altcoins.
January 22, 2020, 09:43:01 AM
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
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
Your thoughts peeps? am I stupid, brave, a pathological gambler or a combination of the the three?
good thing is you have divided your investments and to many coins so even if 10 coins make loss other 10 coins will bring you good profits , keep watching improvements in the project and feed the good coins and starve the bad coins 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
Your thoughts peeps? am I stupid, brave, a pathological gambler or a combination of the the three?
We don't need to be blinded enough to see Bitcoin's profitability. There is no question of how it works and considering altcoins for another investment aside from Bitcoin, its gonna be suicidal (IMO).
January 22, 2020, 08:20:40 AM
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
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
Your thoughts peeps? am I stupid, brave, a pathological gambler or a combination of the the three?
good thing is you have divided your investments and to many coins so even if 10 coins make loss other 10 coins will bring you good profits , keep watching improvements in the project and feed the good coins and starve the bad coins 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
Your thoughts peeps? am I stupid, brave, a pathological gambler or a combination of the the three?
January 22, 2020, 05:50:56 AM
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
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
Your thoughts peeps? am I stupid, brave, a pathological gambler or a combination of the the three?
you should have put atleast 30% of your Folio for Bitcoin and that is the perfect diversification ,because Bitcoin must pump first before you gain from altcoins so better you have it on your holdings aside from sets of alt.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
Your thoughts peeps? am I stupid, brave, a pathological gambler or a combination of the the three?
anyway it is your money Goodluck for that.
I agree for safety play we should save at least 30%-50% of bitcoin in our portofolio. But then it's always back to the owners, higher risk higher returns and when we really sure about the coin's potential, we could go all in to the coin but it's still with high risk even you're really sure. So the choice is from the owner itself
January 22, 2020, 05:15:38 AM
Thanks for everybody's input, It's been interesting reading everyone's opinions
I figure that due to the fact that all Alt's have a far lower market cap than Bitcoin it will take a far smaller amount of newly invested money to drive prices up by a far higher percentage.
All coins in my portfolio are in the green today so I'm hopeful I made the right choice
When you are a trader and Mcap doesn't matter a lot. Altcoin becomes the secondary choice caused by what you have already mentioned if even small traders can join in the market to make profit. I figure that due to the fact that all Alt's have a far lower market cap than Bitcoin it will take a far smaller amount of newly invested money to drive prices up by a far higher percentage.
All coins in my portfolio are in the green today so I'm hopeful I made the right choice
Again, a small marketcap doesn't always if that will give you bad result and we are altcoin holders just always to make sure we have picked the right coin.
I hope we will see another big waves for altcoin very soon.
January 22, 2020, 12:22:11 AM
Investing in alts is really risky. It's really a risk versus reward thing. You can invest in Bitcoin and for the most part you'll be safe as long as you hold long enough. But, you may only make on average 50% a year or something. Which, is still a lot better than anything else you'll invest in by the way. Or, you can invest in alts and have the opportunity to earn big money. The problem is, that altcoin you invested in may be completely worthless in a year or two.
January 21, 2020, 10:06:49 PM
well right now most of the altcoins are in bottom
i had that feeling about dash, zec and etc and that proved to be right
i believe that other altcoins will follow
so greater loss with altcoins is less likely
BTC is more volatile now
i had that feeling about dash, zec and etc and that proved to be right
i believe that other altcoins will follow
so greater loss with altcoins is less likely
BTC is more volatile now
January 21, 2020, 10:01:25 PM
Thanks for everybody's input, It's been interesting reading everyone's opinions
I figure that due to the fact that all Alt's have a far lower market cap than Bitcoin it will take a far smaller amount of newly invested money to drive prices up by a far higher percentage.
All coins in my portfolio are in the green today so I'm hopeful I made the right choice
I figure that due to the fact that all Alt's have a far lower market cap than Bitcoin it will take a far smaller amount of newly invested money to drive prices up by a far higher percentage.
All coins in my portfolio are in the green today so I'm hopeful I made the right choice
January 21, 2020, 09:45:59 PM
Well definitely
Alts price are price in satoshi, satoshi is the unit of Bitcoin
If the whole market were to move, Alts exposure are definitely more because it is not directly pegged to USD but 2 layer
Alts price are price in satoshi, satoshi is the unit of Bitcoin
If the whole market were to move, Alts exposure are definitely more because it is not directly pegged to USD but 2 layer
January 21, 2020, 01:57:52 PM
It is all up to you OP if you feel you like to gamble because you believe that those top 20 coins will give you the profit that you wish to make in the future then why not. But if you were here already before you will know that most of the common investment is Bitcoin than choosing alts as their main investment. You must know how seldom it is to see the alt season grow together with Bitcoin because most of the time Bitcoin is the only one that could affect almost the entire market.
Jump to: