Is it WORTH investing ALTS RIGHT NOW? - page 3.

DimitrisLodirogas

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Quote from: DdmrDdmr on October 28, 2019, 12:03:08 PM

Quote from: DimitrisLodirogas on October 28, 2019, 11:43:43 AM

<...>
!!!!! I'm sorry! I should post this topic to alt speculation and can't delete so, ...)

You can move the topic yourself if you wish. At the bottom left of the Screen you’ll find a Move Topic link, that once pressed, lets you move the thread to another board (selectable from a list).

Didn't know that! Lesson of the day, thank you!

bassbity

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If you have a double capital, it's better to buy BTC and hold it, because the prospect of bitcoin is very clear especially with the many predictions that will make bitcoin jump.
The rest of you can explore altcoin that has good potential instead of just choosing randomly, look for altcoin that is really good on the market and do daily trading even for a little as long as every day.

Bightening

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I literally do byte.

Quote from: DimitrisLodirogas on October 28, 2019, 11:41:43 AM

Considering events from last week and bullish BTC movement. Is it smarter to just buy BTC and wait or explore some alts and try to profit now (keep in mind i'm not an experienced trader <6 months)
Appreciate the help!

For Bitcoin, it’s a good idea. With Altcoins I’ll suggest you focus on tokens with a use case in the current market. I am talking about exchange tokens. With a little bullish trend, exchange tokens do well as more people go to trade there and have to minimize fees by holding exchange tokens.

dothebeats

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Cashback 15%

I'm currently diversified to the teeth although I'm still a solid bitcoin bull. People telling you that there isn't money to be made on alts are telling you otherwise, considering that the altcoin market always gets on its feet no matter how hard bitcoin gets punched on the gut. Just a tip: don't dwell on the top performers for altcoins and instead, find some good, new projects wherein there is still money to be made, even if it's just a couple percent. That's the name of the game right now for altcoins and not the old pump-and-dump ICO shizz that has plagued it before the 2017 bull run of bitcoin.

CryptopreneurBrainboss

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eXch.cx - Automatic crypto Swap Exchange.

About investing in altcoins in general, here's my view; Altcoiners, don't give up yet. Bitcoin can't do it alone. About Investing in altcoin now, well before you take that decisions you should understand that bitcoin currently, is the most safest investment and it's the coins currently getting all the attention even when few selective altcoins gain prices they get overshadowed by the success of bitcoin.

Irrespective of how I love altcoins, I don't think it's time yet (speakings on a general note) and this are just my personal opinions, they might be wrong so don't consider them a financial advice. For the next few months leading to the halving D-date, bitcoin will still be domination the space so Irrespective.of the altcoin you pick interest in gaining dollar value, the profitability of the satoshi value can't be gauranted so it would had been a better choice to hold bitcoin in tge first place. Don't think bitcoin will be giving room for altcoins anytime soon (on a general note) but few selective ones would still be getting a fair share of the market volume.

akamit

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Quote from: DimitrisLodirogas on October 28, 2019, 11:41:43 AM

Considering events from last week and bullish BTC movement. Is it smarter to just buy BTC and wait or explore some alts and try to profit now (keep in mind i'm not an experienced trader <6 months)
Appreciate the help!

The best practice is to divide your total capital and invest in several coins/tokens, it minimizes risks.

Altcoin prices in BTC market are pretty low however you should stick with the top 25s or if you want to take a little bit risk then it could be the top 50s imo.
Some traders checks for the all-time high for a coin ever reached, but I prefer all-time low a coin ever reached with my trading strategy. If you can find a coin/token which is in support then it can be a good investment.

Btc is always the first choice, but I don't like a sudden spike and when it is by $1k or $2k I don't like it even more. I believe in steady growth. For you, I won't be saying anything about BTC investment because of its volatility.

Maybe 50% BTC and 50% other coins (10% each or 5% each) could be a good move... add your research... BTC investment should be for long term planning.

Probably this thread belongs to altcoin discussion.

Deathwing

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Stultorum infinitus est numerus

Most of the alts are dominated by Bitcoin, which in layman's terms mean that unless BTC sees a vigorous move on the graph, those alts are mostly stagnant. If you are looking for long-term profit. You can definitely go with Ethereum. It is possibly the most trusted and reputable coin other than Bitcoin that's available right now. With the future updates coming to Ethereum (Ethereum 2.0 - you can look it up) there will be a definite switch from "Mining" to "Staking" which will lower the token generation to an absolute minimum. It is speculated that this should increase the price. However, it's all speculation. Bitcoin is probably the most guaranteed investment (although this is similar to stocks, nothing is guaranteed.) So in the end, everything is your call. But I keep some of my investment in ETH while the rest is in Bitcoin.

DdmrDdmr

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There are lies, damned lies and statistics. MTwain

Quote from: DimitrisLodirogas on October 28, 2019, 11:43:43 AM

<...>
!!!!! I'm sorry! I should post this topic to alt speculation and can't delete so, ...)

You can move the topic yourself if you wish. At the bottom left of the Screen you’ll find a Move Topic link, that once pressed, lets you move the thread to another board (selectable from a list).

mk4

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Paldo.io 🤖

You know what, there's always money to be made with altcoins whether you're a bitcoin maximalist or not. It's just that you need to actually pick the right altcoins to put your money in to make a decent profit in the short/mid/long term, which is the most difficult part. You think you can make money this way? Go ahead. Just remember that most people aren't capable of making good trading decisions especially with cryptocurrencies(that are very VERY volatile).

DimitrisLodirogas

jr. member

Activity: 147

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Quote from: DimitrisLodirogas on October 28, 2019, 11:41:43 AM

Considering events from last week and bullish BTC movement. Is it smarter to just buy BTC and wait or explore some alts and try to profit now (keep in mind i'm not an experienced trader <6 months)
Appreciate the help!

!!!!! I'm sorry! I should post this topic to alt speculation and can't delete so, ...)

DimitrisLodirogas

jr. member

Activity: 147

Merit: 1

Considering events from last week and bullish BTC movement. Is it smarter to just buy BTC and wait or explore some alts and try to profit now (keep in mind i'm not an experienced trader <6 months)
Appreciate the help!

Topic: Is it WORTH investing ALTS RIGHT NOW? - page 3. (Read 577 times)