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Topic: Newbie needs clue: Speculate to HODL BTC or buying cheap altcoin? (Read 805 times)

sr. member
Activity: 448
Merit: 250
Just hold your bitcoins, it increased more than 13% between yesterday, and today, so maybe this is the best way to make some quick money without having to pass through a huge headache everyday because of altcoin prices, and everything that concerns about them.
Just hold your bitcoins for some time, it is increasing a lot, and maybe this is the best way to make money without having to do anything, just hold them for a while.
I have been doing this for more than months (maybe years) and it has been the most profitable decision that i have ever made.
newbie
Activity: 48
Merit: 0
I found something.
Buy altcoins: Buy BCH
full member
Activity: 322
Merit: 100
if you actually know what you are doing (but your question suggests that you don't) and have a knack for trading, it is a good idea to keep 50% in BTC and invest the rest in alts. otherwise make your life easy and keep it all in BTC - the BTC bull run will presumably continue until the end of the year, making investing in alts dangerous for the unexperienced ones.
For people interested in investing in alticoins, they are protected by a blockchain algorithm in which each user can monitor or see the total supply of Bitcoin in circulation and transactions on his digital network in a transparent manner.
Yeah right, if  do not understand should be careful
full member
Activity: 126
Merit: 100
i think altcoins can make bigger movements in its price, but if you have many bitcoins, its good to hold the bitcoin ..
especially with all the forks happening
full member
Activity: 258
Merit: 100
Is it still a competition between BCH and BTC?
I feel not really secure to choose altcoins now.

I HODL my altcoins, it is a real big cut loss if I sell it now
full member
Activity: 322
Merit: 100
If you think there is a cheap altcoin in the market why would you wait to buy? Smiley
Just buy it already. But how could you %100 sure that that altcoin is cheap? Maybe it's still overvalued? That's the question you should ask. Is it really cheap?
full member
Activity: 490
Merit: 100
as practice shows, no matter what size of the party, 50% worth keeping in bitcoin, the remaining 50% to distribute among the altcoyins. You can already go quietly to the altcoyins, but you need to do this on the stairs, that hedge, if the price goes against you
full member
Activity: 407
Merit: 101
I got some Bitcoon Gold,
It is a sort of present for newbie

I also got another present,
BTC is ATH.

Is it a good idea to start to buy Altcoins?
Do I have to wait for correction and jump to buy Altcoins?
if i see today some altcoin is getting stable, but if you have not really sure i hope you to wait for correction and some information. but all decisions are in your own hands.
sr. member
Activity: 291
Merit: 250
cheap alts

I am cahnging my mind,
It seems 2x will not be done,
I dont care if there ll be 2x or no.

I think that Altcoins should have its high tech
 and Altcoins should rise, some altcoins make its own money.
newbie
Activity: 23
Merit: 0
full member
Activity: 184
Merit: 101
if you need help , drop me a pm
-i'm not a big holder -
so i made myself a strategy to not loose what i got
bought some alts today
i think this is the best to do for now
i didn't lose fiat equivalent of the highest point reached by btc -while at 8k-..
but probably re-buying btc when when it hits his biggest drop and then HODL   Cool
might not be the best strategy for massive gains but it will be good enough as market aint stable
member
Activity: 88
Merit: 10
It really depends on your stack. How much money do you have to work with. The best thing, in my opinion is to take your entire portfolio and split it. Invest half in Bitcoin and the other half use to buy into ICO's or lower capped projects/coins. This way you'll be a bit "safer" in case the ICO's won't work out for you, while at the same time take your chances for the next big thing. It's always recommended to Hodl on your coins. So leave aside a portion that you will never touch for a specified amount of years, and have another portion that you will use for investing and moving around. That's called diversification and it's a practice used widely in the finance industry "never put all your eggs on the same basket" (if the basket falls all your eggs are done, if you have many baskets, and one drops, only the one dropped will destroy your eggs).
sr. member
Activity: 291
Merit: 250
I would definitely to catch a real opportunity: free money from forking.

Altcoins is interesting as some of Altcoin can make money from its service or exchange,
I would also buy Altcoins
I prefer to hold Bitcoin now.
newbie
Activity: 48
Merit: 0
For a newbie, we may have note like this one:
Look for a possobility for a Bitcoin to have REAL correction,
Bitcoin may go to fiat or they would catch second opportunity to better specs coin: Altcoins.

I expect that the correction would be applied after Segwit 2x,
We may have a bright side of crypto after that point,
Bitcoin and Altcoins may visit moon together.

Who knows that Bitcoin and Altcoins may visit Mars?
hero member
Activity: 672
Merit: 500
I got some Bitcoon Gold,
It is a sort of present for newbie

I also got another present,
BTC is ATH.

Is it a good idea to start to buy Altcoins?
Do I have to wait for correction and jump to buy Altcoins?

I would suggest buying whatever coin you want to buy right now. Except for bitcoin because i would expect a pullback from the current price simply because it is so high and historically, after pumps like this there has always been a pullback.

Altcoins on the other hand have been plumetting.

Always buy when price is going downhill, never uphill, unless it is a start of a trend.
hero member
Activity: 2282
Merit: 505
I got some Bitcoon Gold,
It is a sort of present for newbie

I also got another present,
BTC is ATH.

Is it a good idea to start to buy Altcoins?
Do I have to wait for correction and jump to buy Altcoins?
You can try to diverse some of your portfolios with altcoin, This seems to be a good time to buy altcoin because the price fo bitcoin always increase any time. As you can see a lot of the altcoin gets rekt due to a lot of demand are going to the bitcoin, but remember to put some of your amount in the bitcoin to give you the more guarantee about your portfolio.
You can try this in your portfolio.
sr. member
Activity: 1162
Merit: 260
At the moment whatever is happening alts are going down anyway (btc up alts down , btc down alts down ). though it is a very good time to buy the alts as they are very much bottomed down at the moment .

do your research and buy in parts as there may be more bleeding left in alts .
Even though alts right now are cheap, if bitcoin just keep going up until its peak, maybe $10,000 without even stopped by correction, those alts will get dumped even more.
I honestly prefer to hold BTC right now because it seem that all the attention right now going to BTC and you can see the bitcoin market dominance, it's always increase overtime and that's a sign that more people putting their money from alts to bitcoin.
hero member
Activity: 1540
Merit: 500
I think the best thing to do now is to hold your Bitcoin until the hard fork, then look at the lanscape before  diversifying some of your profit into Altcoins, just dont chase the price.

this would be my opinion too. At least wait till fork before investing in alts. Nobody knows where btc price will go or wait till the weekend.
sr. member
Activity: 700
Merit: 251
At the moment whatever is happening alts are going down anyway (btc up alts down , btc down alts down ). though it is a very good time to buy the alts as they are very much bottomed down at the moment .

do your research and buy in parts as there may be more bleeding left in alts .
hero member
Activity: 868
Merit: 500
It's hard to predict where BTC will stop. I hope Segwit2x den then descend into altcoins.
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