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Topic: Investing in Alts instead of Bitcoin for far greater returns (or losses) - page 7. (Read 1490 times)

hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
Such a big good luck for you then. Accept that many will say that it's such a bad idea to abandon bitcoin and turn into to full altcoins portfolio but who are we to decide if it's your holdings? you can easily turn again back to bitcoin if you feel uncomfortable with that style.
I've seen people that did that when they've decided to go all in with alts and suddenly sold most of it to get back bitcoins.
legendary
Activity: 1386
Merit: 1000
KawBet.com - Anonymous Bitcoin Casino & Sportsbook
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?
sr. member
Activity: 1123
Merit: 253
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.
legendary
Activity: 3108
Merit: 1029
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?
You are not included on those three. So many people have made their pre-assumption about the trend that always happen in the market but im with you in this case as im also betting on another coin and bitcoin is not only my portfolios. I have also invested or try to bet on the altcoin and i have tried that on top 100 CMC and it's not even included on top 20 CMC and im still holding this one and i have been making 3x return. it's not so bad as the trend in crypto is not static and that is always changing anytime.
sr. member
Activity: 1400
Merit: 273
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?

My though is that you've got a really nice username. Kidding!

I don't know if "most crypto investors" that you are referring to is really most crypto investors. I think most crypto investors would advice you to do what you are doing right now. Who are those most crypto investors you are referring to? What you have done is the right thing. The top 20 altcoins are the best choices save for the couple of altcoins that you have already mentioned. I would say you are brave. Just HODL them strong.
hero member
Activity: 952
Merit: 513
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 hold at least a portion of my portfolio in BTC.

I do think that alts are going to overall outperform BTC for this upcoming bull market, because of how much they have went down relative to their intrinsic value over the span of the bear market and even during the 2019 recovery.

Alts generally make the greatest returns when BTC prices are stable, though, as investors seek another place to make short term profits. This is why I recommend holding at least some significant portion of BTC to construct your portfolio - you want a nice mix between stability and growth.
jr. member
Activity: 362
Merit: 7
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?
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