Alts definitely have far greater profit chances, that is never been a lie and has always been true, yet the fact stands that there is a bigger chance of losing as well, which is why people have been worried to go into altcoin market. Don't get me wrong it all depends on which altcoins we are talking about, there has been so many scam and shady coins that people are only trusting the top ones, that is why what I am saying here doesn't go beyond top 50 at all but for those in top 50, people know that they can make a great profit from buying it, but they could lose a lot from it as well, which is why they usually refrain from going all-in unlike when they do for bitcoin.
Bitcoin is a more stable (funny, only thing bitcoin could be stable compared to is altcoins, for stocks and commodities bitcoin is volatile like hell) and sure thing to invest into and that is why they usually make their investments depending on what they expect.
Topic: Investing in Alts instead of Bitcoin for far greater returns (or losses) - page 6. (Read 1505 times)
January 21, 2020, 12:42:13 PM
January 21, 2020, 12:20:02 PM
Once the market moves again, alts will greatly outperform BTC, no question about it.
I hold a small portion of BLOCK, and it's been rising pretty nicely the past week (+70%), and seems to continue, a few other alts of mine has done pretty neat as well.
Overall, it's all about your timing on these alts, and what you choose to invest in. Blocknet moved a lot because they work on Decentralized Oracles, and got a first mover advantage on DEX developments, which is why investors is buying in now to get their node I guess. (5k coins required). Node owners profit from the oracle services + trading fees on the DEX + block rewards, so it's no wonder this project is on a lot of peoples radar.
Overall, your position in the top 20 alts is not a bad move either, and I'm sure you'll do good
I hold a small portion of BLOCK, and it's been rising pretty nicely the past week (+70%), and seems to continue, a few other alts of mine has done pretty neat as well.
Overall, it's all about your timing on these alts, and what you choose to invest in. Blocknet moved a lot because they work on Decentralized Oracles, and got a first mover advantage on DEX developments, which is why investors is buying in now to get their node I guess. (5k coins required). Node owners profit from the oracle services + trading fees on the DEX + block rewards, so it's no wonder this project is on a lot of peoples radar.
Overall, your position in the top 20 alts is not a bad move either, and I'm sure you'll do good
January 21, 2020, 11:39:06 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'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?
From crypto historical data it's now getting evident that alt coins prices are very tightly coupled with BTC. Alt coins cant go up if BTC is down and vice versa. Going for alt coin is not a great idea, since BTC is the king of market. I suggest 60% must be bitcoin.
January 21, 2020, 11:26:59 AM
$2K is standard amount to start with. Alts are much volatile and short lived usually. Due to higher price fluctuation, your probability of making profit/loss will be higher. And most of them are short lived too. If you are unfortunate and fail to enter/exit in time, you will lose your 2k. Top 10 alts are a bit different from others though.
I would split my investment into btc and alts. or would invest all of money into btc. It is your money after all, and you know the pros and cons, so you should do whatever you think Right to do
I would split my investment into btc and alts. or would invest all of money into btc. It is your money after all, and you know the pros and cons, so you should do whatever you think Right to do
January 21, 2020, 11:10:20 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?
Im not saying youre a gambler yet you do know the risk on acquiring or doing such step.You are ready to lose up that $2k investment of yours.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?
Diversifying is good but partitioning it into many parts will really just make you confuse.I would rather have 60% on BTC and 40% on alts
maybe 2-3 of them and its not necessarily for you to put each one of them.It do divides the risk but also divide out the potential profits you
can possibly make.
January 21, 2020, 10:25:46 AM
Before you want to invest in altcoin, you need to own some BTC to make your portfolio perfectly balanced. And don't try to invest too much altcoin because you have a hard time managing it. $ 2000 is a great amount of money to invest in this market, you should spend 1000 $ to buy Bitcoin and the rest to buy the altcoins you value as well and at the bottom to hold
January 21, 2020, 10:09:56 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.
January 21, 2020, 10:06:48 AM
I don't have any fork coins in my Portfolio now. I do have some alt but I prefer to still go in BTC. As we know that some alts were arises also when BTC increases. As many altcoins already shut down or no improvement its really risky to invest with them. Like what Waves happened that still no big developments or news to atleast hype their project. So we need to be careful in investing long term.
January 21, 2020, 10:03:58 AM
You did not tell us if you carefully studied those projects and chose them because of their merits. Because if you did, I say that you took a calculated risk which is both brave and wise. Otherwise, if you just randomly chose from the top 20, then that is stupid and a gamble.
January 21, 2020, 10:01:34 AM
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?
The good thing is you already know what you're doing. The risk of investing in alts is bigger, but the reward of course is also bigger. As long as you acknowledge that, no problem as you've said you're prepared for the risk.Your thoughts peeps? am I stupid, brave, a pathological gambler or a combination of the the three?
I was skeptical for alts for most of the time but after looking how alts are performing in January, wow I have to say I'll regret if I don't have any exposure on alts. I mean look at how ETC, ETH, LTC moves. When these guys moves up, the percentage are always bigger than Bitcoin and that's not something that I can miss.
January 21, 2020, 09:54:04 AM
This is a very risky idea and you need to have spent more time in research which altcoin has the potential to pick. I dont believed in the line says, the more your risk the greater profit you will earn. For me, that is a wrong perception because you need first to know better the altcoin you are going to pick before holding in your portfolio.
Just kinda give a headache if you were just because of a wrong decision. Why not you just give prior to bitcoin and give a big percentage of the amount that you are holding. Remember those possible consequences may occur.
Just kinda give a headache if you were just because of a wrong decision. Why not you just give prior to bitcoin and give a big percentage of the amount that you are holding. Remember those possible consequences may occur.
January 21, 2020, 09:16:43 AM
if you are consistent with the consequences, it means you are in the category of a brave person, but if you regret it now, you are a loser.
January 21, 2020, 08:56:16 AM
You are a risk taker and want to make a big profit from this market. And this is definitely the way investment meets your needs, we all know that the more risk there is, the greater the profit. But to be honest, the current market is too bad and it will not be possible for us to make a profit when investing in altcoins. Most of the people in this market have been through it during 2017-2018, now they only invest carefully because they have lost so much by investing just like you.
January 21, 2020, 08:41:18 AM
wow, I really respect and feel amazed at your courage because you have dared to take decisions that have a lot of risk in them. it's true, if you are lucky, then you will get more profit from the altcoin portfolio that you have today than just holding bitcoin, but the opposite will apply if the altcoin portfolio that you hold at the moment doesn't get a pump but just becomes rubbish. The decision is yours, but my advice, think wisely when making decisions and good luck.
January 21, 2020, 08:28:39 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'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?
It's 50-50 since we know the risk is big and if the timing and luck are on your side possible you will earn huge profit from it but if the bad luck came then you lose, and you should remember that do not put all your capital in 1 option only and always select multiple option so that you can recover the loss if there's one alt fallen on your side.
January 21, 2020, 08:06:12 AM
As my personal experience do not go with anyone advice in crypto market because it won't work all-time, than you have blame them if anything went wrong and they will not going fulfilled your loss. So better to understand the crypto market than do some research about which altcoins can give good returns for your investment. And don't sell them until reaching your target if it is in downfall also.
January 21, 2020, 07:40:01 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?
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?
It's a combo what you are
You know the risks, you know the rewards and you can lose the capital without going crazy in real life so why not try it? If something goes wrong in the markets, it will be just an annoyance for you IRL and as you said you can make great money on it. I'm only afraid trading is not as binary as to go up/down. Diversification is great, but I think that some of the top20 coins were simply a hype and will only fall out of the tops in the upcomings months. For sure you might wanna use some tool to rebalance your portfolio. January 21, 2020, 07:23:58 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 are not a fool with such investment way, in fact you are very smart and know how to manage your portfolio. I have nothing to complain about your investment but it is a dangerous option in this market. You may be rich in 2020 if the altcoin market is pumped, but you can also be stuck and lose a lot if this year only BTC price increases and the whole altcoin continues to go down. It's like a betting game, and you've got your hands on it. Hope you achieve your goals this year 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 21, 2020, 06:41:07 AM
Not instead but with Bitcoin. Do not go all in on altcoins as you should not also go all in on Bitcoin. This is the best option for me. This is diversification, not putting all your eggs in one basket. Whatever happens to either of the baskets, there is still the other.
Diversification is used when you don't know what you have invested. Instead if diversification, you can maximize the profit by invested more in coin which you think is interesting and promising. Why we need to diversify our money to many altcoins with low amount instead focusing in few altcoin but with higher investment?Diversification is the best option in terms of crypto, stocks, and other investments. It is not an option for those who are ignorant on what they are getting into. Diversification is encouraged by I would say all veteran investors. I am quite surprised when you claim diversification is only used when you don't know what you are investing into.
Investing on a single coin, stock, currency, or anything which you think is interesting and promising does not make things better. That is risking everything in a single shot.
January 21, 2020, 06:16:41 AM
sometimes when recovery on altcoin usually the price grows faster than bitcoin maybe because of the price factor that is still fairly cheap, I also maintain the old altcoin in my portfolio, but not both shitcoin is bsv and bch I hate it anything that conflicts with bitcoin, if you are ready bearing the risk is the attitude of a great trader even I also consciously realize there are risks in trading so it is normal in my opinion, all traders have the right to choose cutlose or maintain altcoin held, sometimes they when rising faster than bitcoin otherwise when prices fall faster also from bitcoin, but your decision is quite good. what you do I do it too, so it's not wrong to maintain that, not all traders have this attitude
Jump to: