Topic: Should I go with Bitcoin or Altcoins for the upcoming bull run cycle? (Read 1445 times)

Taking a decision to Invest either Bitcoin or altcoins depends on your risk tolerance, investment goals, and market research. Bitcoin is generally considered more stable  more beneficial to investors, while altcoins can offer higher potential returns but come with increased risk. Diversifying your portfolio may be a prudent strategy. It's crucial to conduct thorough research and, if needed, consult with a financial advisor before making any investment decision.

Taking a decision to Invest either Bitcoin or altcoins depends on your risk tolerance, investment goals, and market research. Bitcoin is generally considered more stable  more beneficial to investors, while altcoins can offer higher potential returns but come with increased risk. Diversifying your portfolio may be a prudent strategy. It's crucial to conduct thorough research and, if needed, consult with a financial advisor before making any investment decision.

This is a way to optimize your Bitcoin investment without selling any of the Bitcoin you're holding. It's simply leveraging with an acceptable level of risk at a certain point in time to maximize profits with the growth of Altcoins during the season. And when there's a profit with Altcoins, we convert that profit back into Bitcoin, increasing the quantity. If done well, the amount you earn in a bull run season can be significant compared to just holding Bitcoin from start to finish.

This is a way to optimize your Bitcoin investment without selling any of the Bitcoin you're holding. It's simply leveraging with an acceptable level of risk at a certain point in time to maximize profits with the growth of Altcoins during the season. And when there's a profit with Altcoins, we convert that profit back into Bitcoin, increasing the quantity. If done well, the amount you earn in a bull run season can be significant compared to just holding Bitcoin from start to finish.

Indeed it is scary if you are investing in new projects but if you are investing in ETH, you are going to have peace of mind. But yes, $30k is quite huge enough to put into a risky investment even though we know that ETH can be trusted or ideal for long-term investment. If ever I have that amount in hand, I will put some amount to other form in investment or start a business as in the case that we lose in crypto, we still have other way to recover those losses from other investment and income resources.

Investing in altcoins shouldn't be done with much money but only the amount that you can afford to loss. Altcoins can be hype by the dev and the price will pump 100X and before you know it,you that invested at that time becomes the loser because in no time,it will turn to zero,leaving you frustrated.

I will advice you to go into bitcoin instead of altcoins investment so therefore I have to in other ways  understand the difference between altcoins and bitcoin, altcoins does not have the courage and potential bitcoin has and that is why everyone is investing in bitcoin instead of altcoins, when you come in terms of potential is bitcoin when you xome interms of coins that survive bullrun and bullish is same bitcoin who survive all this things without all this kind of things, so therefore, you can neither invest in bitcoin or you invest in altcoins depends your plan's

Sometimes history don't repeat itself because previously people got benefit from dogecoin when it pumped but now the price is still lower and there is no information then when will it come higher again. Bitcoin always proves to be beneficial coins as compared to altcoins so without investigation one can believe that bitcoin will make their wishes true but if we leave bitcoin and put our trust on altcoins then it is possible that we will face huge losses in future.

From utility of a token one can decide about the importance of coins also check the market cap so you will easily find about good altcoins. In Altcoins if someone buy now ethereum then positive effects of halving can also be a reason for boosting value of ethereum and other important alt coins.

Taking out a loan to invest in crypto? You are correct; that is putting things in danger. Even if you have a steady income, the chance is still very high. Being on a catwalk without a net is like that. You might get to the other side, but what if you make one mistake? You go down.

When it comes to investment I believe everyone have a responsibility of doing their personal research before buying any coin. It’s important you check the coin’s previous history and trend to determine what to do and also check the utility of such token in order to be sure you’re in a safe place.

The cryptocurrency market is very risky so the idea of borrowing money to invest is not a wise idea even if we invest in bitcoin, not altcoins. But it depends on each person, I think if you have a stable source of income and can still afford to repay those loans even if the investment fails, then borrowing money can be considered, but this really should not be recommended.

As for investing in bitcoin or altcoin, I think it depends on each person's taste. If someone likes safety then they should obviously choose bitcoin but if someone is willing to take risks in search of high returns then they can think of altcoins. The most important thing is that anyone who wants to invest should do their own research before investing instead of asking others for their opinions. Investing based on other people's advice will make us lose money even if it is bitcoin because we will never be able to hold bitcoin for long if we know nothing about it.

I don't want to give advice on whether to invest in bitcoin or altcoins, I just want to advise anyone thinking about investing in cryptocurrency to do their research first.

It doesn't make sense for anyone to tell someone which altcoin they should buy. Everyone should make their own choice on this matter. There are many people who do what others say and lose money. There are people on X who have thousands of followers and are deceiving people for publicity. People need to research and be informed, otherwise they are investing in other people's ideas and end up feeling sad.

It is very easy to find a lot of the information you are looking for on the internet. Before trusting anyone regarding investment, a person needs to work to become informed himself.

I tell the person who wants to invest that I trust Bitcoin in my investment and that it does not cause any losses in the long run, but I generally avoid saying anything about any altcoin. I leave all the decision to him.

Never have all your eggs in one basket. So with this reference, I can say you should prefer to keep your money invested in some solid projects including Bitcoin. Ethereum is a safe choice.
You need to your own research for this. Just do not invest for 10x or stuff, invest in the technology or the target of the project. See how you can use the coin, and what the devs are working on.
Just do not invest in any random project which promises and does nothing.

Many people in the crypto market are still uncertain about which type of asset to hold onto for the upcoming growth cycle of the crypto market: Bitcoin or Altcoins. Additionally, they're wondering when to catch the bottom or exit at the peak. As we know from previous cycles, Bitcoin tends to rise first, attracting the influx of funds, followed by new funds flowing into Altcoins. However, holding onto Bitcoin might not yield substantial profits, and determining the right time to switch from Bitcoin to Altcoin for maximizing gains during the growth season remains a challenge.

Now, I'd like to share a method that I have been using and find quite effective, hoping to share it and receive feedback from you all:

• First, I establish from the outset that BTC is solely for holding, not for selling. When BTC surpasses its peak and an Altcoin wave is on the horizon, all you need to do is put your BTC into cross margin and borrow USDT (not exceeding 50% of your capital) to invest in Altcoins.
• For instance, if you currently have $26,000, you could invest in 1 BTC and hold it from now on. Hold it until BTC surpasses its previous peak of $69,000, which would mean your asset is now worth $69,000. At this point, place the value of 1 BTC into Cross Margin and borrow $30,000 to invest in Altcoins. Borrow only $30,000 or even less, not more. This way, you can continue holding onto that 1 BTC as it climbs to $100,000 or $150,000, while also having $30,000 to invest in Altcoins. With the $30,000 borrowed, smart investment in Altcoins can potentially turn your initial asset into $300,000. You could sell the original 1 BTC that you held onto for $100,000 or $150,000. The combined profit from BTC and Altcoins could amount to around $400,000 - $450,000. After repaying the $30,000 borrowed from the exchange, you'd be left with $370,000 - $420,000.

In summary: Starting with an initial investment of $26,000, you could potentially make $370,000 - $420,000.

In previous cycles, I often found myself struggling to find the answer to the question of "when to sell BTC and switch to Altcoins." BTC is meant to be held, not sold, and even more importantly, never sold for Altcoins. Simply hold onto BTC and when there's an Altcoin wave, use your BTC as collateral to borrow funds for Altcoin investments (ensuring borrowing remains under 30% of your capital). Now, with the increasing choices offered by the DeFi market compared to past cycles, this method proves quite effective for the strategy of using BTC as collateral to borrow USD for Altcoin investments.

Diversification can be applied with a note that the selection of altcoins and main coins must be appropriate, must be top altcoins, and have good development.
Don't just diversify based on rumors and other people's advice without doing your own research.

But when someone suggests holding ETH it becomes the best altcoin choice.
and Diverisifkasi adjusts to the capital you have, but if you take out a loan for altcoin investment, it will be more risky, because crypto is very volatile while the loan will continue to run along with the interest charged.

Looks like this a personal preference type of question, doesn't really feel like it should be something that some other person could tell you, I agree with that. I mean I personally will do like %50+ bitcoin, I know that much, I will have some other coins too, but bitcoin is a must for me, in fact if I turn to %100 bitcoin right now, I would not really feel bad about it neither (maybe I will) and I think that is the most epic approach to crypto and the bull run. HOwever, that is totally me, I do not think that I would tell anyone what to do, I would just let those people end up making their decision, and I would not tell you to go get bitcoin or altcoin neither, that just doesn't make sense.

There is no doubt that bitcoin is a better choice because as stronger the bitcoin is no altcoin become so stronger ever. In my opinion no other coin can be more moneymaking than bitcoin so if we choose altcoins then some of these are also moneymaking but in comparison bitcoin will always win. In term of trust and existence bitcoin is more valuable whereas altcoins existence has no guarantee.

Altcoins can sometimes give huge profit but as there is a doubt about its existence so its huge profit is neglected because they can easily disappear in a day. Buying bitcoin will be profitable now as present worth can determine your profit during halving.

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Risking is part of crypto journey as from day 1 we already have that situation and we already accept that , yes I am also in diversification but adjusting or borrowing to buy altcoin will never be in my option , instead I will continue my holding .