Topic: [POLL] How diversified are you in Altcoins in Q1 2020? - page 2. (Read 655 times)

Lower volume coins are easy to be manipulated and that is the main reason why I keep myself away from such lower cap coins. You might make profits from such coins if you are instant but mostly, you can see these coins drowning overnight which would not even give you a chance to sell those coins. That's why I prefer holding some of the top coins which have maximum volume.

Holding bitcoins is what usually every crypto enthusiast do because we all know the potential of bitcoins, but you should hold minimum amount of bitcoins if you have no intentions to trade with it regularly.

Bitcoins are already much costlier which would need to make a huge move in order to give us some profits but as compared to some lower price altcoins like XRP, etc these can give us good profits even if they move by few cents so diversifying majority of our capital into such coins can be beneficial for midterm profits. Bitcoins are always a great choice for long term profits.

To everyone who thinks altcoins have better ROI than Bitcoin, just remember, this is all possibility and none of it sustainable. Remember that Bitcoin fell at the lowest 15% of the ATH (3k from 20k). But altcoins I do not know a single one that even I owned that stayed above 15%,,, as much as I loved them all. So be wary is all I am saying.

Its a good time to take risks on altcoins, the market is very bullish and this can bring good result in coming month from now till 2021 so the sky is the limit here, I still prefer top altcoins over many new altcoins though few new altcoins are good, DYOR

I think at this time everyone would want to make a risk on some good altcoin, because the market conditions are in good condition, so it is potentially able to benefit up to double the capital we invest.

Altcoins will bring better ROI for sure but they are risk investments when comparing to bit coin which offers more safer bet over altcoins, if you are willing to take risks its a good time to start accumulating top altcoins now

That's a decision you'll probably regret once the altcoin market explodes again. Bitcoin is the safest investment, no doubt - But it will NOT get you the highest ROI. Lately we've see a ton of altcoins explode in price, I made a nice 3x on my Blocknet, doubled up on ARK, and DASH doubled as well recently while BTC has been up and down.

Don't get me wrong, I hold BTC, but it's NOT the majority of my portfolio, why?

I'll tell you why. The BTC dominance moves in cycles, always been like that if you go through time. A low BTC dominance, means you need to get into BTC, and a high BTC dominance means you need to diversify. It's really that simple, and makes sense when you think about it.

BTC is a slow dinosaur, used as a speculative asset, sure it's got the most adoption of all projects out there, but it's really limited in terms of tech, and use cases.

Blocknet, which I'm a big fan of is a project I'm accumulating like a mad man right now, because it's such an undervalued project. DEX projects is popping up everywhere, and for good reason, everyone wants decentralization, and Blocknet offers EXACTLY that. Not only do they work on their DEX, but they also work on a decentralized oracle network, read more here: https://blocknet.co/xrouter-missing-link-between-all-blockchains/

A few partnerships, and it could easily fly into the top 50 on Coinmarketcap. We're talking a 50x in price movement here, something not happening with BTC anytime soon, even if being super optimistic. 

I hold the majority of my crypto funds in Bitcoin, and I keep around 25-30% of the rest in Altcoins, though I would not say there's a fixed percentage of my portfolio consisting of alts because I manage it very often and the number can go down or up at any moment depending on my personal analysis. Of the alts that I own, none of them are what you might call lower-cap coins, and a few of them would be ETH, LTC and XMR. I've maintained largely the same basic portfolio setup since 2016, but it's been producing great returns for me consistently since then, so I see no reason why I should change it now.

I think holding low cap coins and tokens is not bad but you have to be patient because usually these alts are the last to move, personally i like to stay more and more in btc and eth only, recently i got some ada as well becuase i liked the project and prices were very attractive as well and i think it will continue its upward trend from here on, similarly i have like 10 to 20 percent of other alts and tokens which i consider risky holdings but in good bull run they can provide me with massive profits as well so they are worth holding as well.

I decide to buy and hold only ETH among the huge numbers of altcoins, I already have BCH since 2018 and I'm glad I got it for low price, 90% of my fund was put into bitcoin and the remaining 10% on Ethereum, Proof of Stake is not in action yet and its already surging

This market does not follow fundamentals too much, it is true that ETH does not have the demand of icos as it had in the past and now there are many competitors but ETH has been going up tremendously during the last weeks and now it is close to have 9% of the whole market capitalization of this market, and it does not seem like it is going to stop, so if you have not done so already this could be a good opportunity to buy ethereum since most likely it will easily reach 400 dollars during this year.

Bump. BTC.D makes contact with 50 Week MA.

For my own reasons I prefer investing 90% of my funds on bitcoin and just 10percent remaining on altcoins, I can later change my mind but it will be on the moment when bitcoin hit a new ATH and the dominance start decreasing

Almost just 10% and that would be for ETH only.
So far it has become only a plan for me to jump into other alts like BNB since I have this kind of anxiety from the past day trading experience to invest in alts.
The rest would be 90% which is BTC of course, for obvious reasons. 

I would always trust more on Bitcoin but if indeed the bull run will come, we should be ready by now.
When there is a bull run, we are not only expecting bitcoin to rise, but altcoins as well and with that, I am willing to diversify 50% of my total portfolio for altcoins and expect a good return this year alone.

All I have on altcoins are just 20% and the rest are on bitcoin, I think without bitcoin altcoins have no better chance of growing higher on their own, even top altcoins find it hard to grow like bitcoin does so my best bet will still be bitcoin

Diversifying your portfolio along with altcoins must be a good idea but keeping altcoins at very low percentage will help anyone to achieve their dreams because there will be no guarantee for any altcoin to be performing like how bitcoin is expected to perform in its upcoming halving. I mean to say it will be always good to keep your altcoins less than 25% in your portfolio.

For example, investors are imagining about ethereum to scale its previous peaks again but I believe it may not happen anytime sooner. Because it is already got it competitors and scaling again $1000 from its current price levels must be a very big task for it but bitcoin will easily set new ATH within this year. So, keep altcoins in low percentage to achieve good ROI.

As of right now I am not holding any altcoins, and my reasoning is simple bitcoin has been outperforming them during the last years, only during the most recent weeks we have seen a slight improvement on the performance of altcoins in general, this could be a good signal for altcoins and things may change, but with the halving so close I doubt it, so right now I do not see any point of getting out of bitcoin and getting altcoins in return, but if I see an even better performance from altcoins I may consider it.

This year might not be that good for the altcoins according to my study and it minimizes the number of altcoins from my portfolio.

I am actively trading with BTC and ETH and the number of profits bitcoins are giving me are comparatively greater than any altcoin and hence I prefer to invest in bitcoins first and then consider some of the major coins which actually follow bitcoins in any pump or dump which includes ETH, XRP, ADA, etc. These coins are giving me better benefits and hence I do not think that I should take any riskier step to add any other coins in my portfolio. Some altcoins might face the bearish trend which might even make them loose 50% of their original value.

True story, looking at the total breakdown (only 18 votes so far), 55% hold upto 30% Altcoins.
With altcoin dominance at 33%, it seems on average people here are more or less in proportion with the market at the moment.

0% Shitcoins (5.6%)
0-10% Altcoins (27.8%)
0-20% Altcoins (44.5%)
0-30% Altcoins (55.6%)

The essence of diversification is to reduce risks and maximize profits by investing in assets of various kinds. A similar mechanism works well in the stock market;
however, the cryptocurrency market is somewhat different from the stock market and, as we can see, the secondary market for alternative coins is not independent.

In other words, depending on the price of bitcoin, we see one or another dynamic position of alternative coins, that is, there is almost no difference between alternative coins in the framework of diversification. Therefore, you will get the best result if you invest in alternative coins no more than 20 - 30% of your capital is desirable in one thing.