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Topic: Should I go with Bitcoin or Altcoins for the upcoming bull run cycle? - page 4. (Read 1445 times)

newbie
Activity: 17
Merit: 0
BTC Only don’t touch alts

I am also a newbie here, what do you think is the 2nd best coin in the market? I do want to invest in Bitcoin and some top altcoins. Can someone enlighten me about how the market works and what are the do's and don't? Thank you!
full member
Activity: 742
Merit: 157
My opinion is a little bit different from others in terms of investment. Personally, I testify that it depends on your investment amount. If you have a small amount for investment, you should definitely go for altcoins. Altcoins here refer to solid altcoins like Ethereum, XLM, Matic, etc. Which is cheaper than Bitcoin and also gives you a good return in profit. If you have a large amount to invest, you have the best way, which is Bitcoin. It is right that the market is full of shite, i.e., pump dump coins, but I couldn't believe that a person who has thinking ability from above would go straight into pump dump coins. Never at all.
Another argument is that investing with a DCA strategy reduces your loss ratio on investment capital. Despite that, many didn't follow the DCA (Dollar Cost Average) method.
We can buy more from altcoins because they are cheap but the question is if they are profitable compared to Bitcoin. The main goal of why we are here is to make a profit, not just the number of coins we accumulate. I'm not sure if $1000 is a small capital or big for you but having this amount can buy Bitcoin already. In fact, you have mentioned the DCA strategy which we can also use in acquiring Bitcoin.

I'm not going to argue with you because that was your preference and buying style, and we are different. But I will tell you that if you are a long-term investor, you'd rather choose Bitcoin instead.
I would agree with the reason is investing in bitcoin is not as profitable as some other altcoins, especially in the short term. If we invest 1000 dollars according to current price then in bull run if Bitcoin goes beyond its previous all time high to 100000 dollars then my profit is 2x that is about 2000 dollars but if one invests this 1000 dollars in altcoins then it's profit may increase greatly. But we know that there is a major differences between Bitcoin and Altcoins. If the return is relatively low on a reliable investment I think it would be good. Although altcoins have influence in bull markets, they have no dominance in bear markets. So it will totally depend on an investor wish.
sr. member
Activity: 546
Merit: 309
using BTC as collateral to borrow USD for Altcoin investments.
Nice plan exchanger like Binance offer collateral loan with low interest. so we can invest our money on bitcoin and take some loan by collateral our BTC then invest in Altcoins. Altcoin is much profitable and when bitcoin pump altcoins also pump with Bitcoin. So if the market is good then in this case we will get several times more profit from both investments

BTC Only don’t touch alts
why you advice to not touch alts? Are you too scared to invest in crypto?  Aren't You Aware of Altcoin Profits?  Yes investing in bitcoin is safer than altcoins but on the other hand altcoins are more profitable than bitcoins so if you want to get more profit you have to take more risk.
full member
Activity: 504
Merit: 144
Not putting all the eggs in one basket in my opinion should be investing in bitcoin then in things like gold, stocks, real estate, etc. that aren't linked to bitcoin or vice versa.
- I get what you're saying, so diversifying across different asset classes makes sense. But currently, I'm only exploring the cryptocurrency market. In this context, the strategy of not putting all your eggs in one basket translates to spreading investments across various coins in different sectors. For instance, investing in platform coins, trend coins, or top coins helps minimize risks and trading psychology.
- If you hold only one coin and it encounters issues or, during a bullish season, it happens to be the one growing the slowest, the pressure of holding onto it can be substantial. That's why I'm considering a diversified approach, investing in multiple coins across different categories to navigate potential challenges and take advantage of growth opportunities more effectively.
The strategy from @OP is only for people who already have a lot of experience in investing in crypto.
I'm on the same page with you regarding the complexity of this strategy for newbies. Nevertheless, many seasoned individuals in this market were once unaware of it too. I'm confident that if they come across this strategy, they'll grasp the concept easily and be able to implement it right away.
hero member
Activity: 3010
Merit: 666
My opinion is a little bit different from others in terms of investment. Personally, I testify that it depends on your investment amount. If you have a small amount for investment, you should definitely go for altcoins. Altcoins here refer to solid altcoins like Ethereum, XLM, Matic, etc. Which is cheaper than Bitcoin and also gives you a good return in profit. If you have a large amount to invest, you have the best way, which is Bitcoin. It is right that the market is full of shite, i.e., pump dump coins, but I couldn't believe that a person who has thinking ability from above would go straight into pump dump coins. Never at all.
Another argument is that investing with a DCA strategy reduces your loss ratio on investment capital. Despite that, many didn't follow the DCA (Dollar Cost Average) method.
We can buy more from altcoins because they are cheap but the question is if they are profitable compared to Bitcoin. The main goal of why we are here is to make a profit, not just the number of coins we accumulate. I'm not sure if $1000 is a small capital or big for you but having this amount can buy Bitcoin already. In fact, you have mentioned the DCA strategy which we can also use in acquiring Bitcoin.

I'm not going to argue with you because that was your preference and buying style, and we are different. But I will tell you that if you are a long-term investor, you'd rather choose Bitcoin instead.
sr. member
Activity: 672
Merit: 416
stead.builders
If i may advise in this, it is always more safe and profitable to stick to bitcoin investment than including a number of altcoins you're not sure about their existance, as for this coming Halving, alot of things are likely going to happen which will lead to the discovery of so many shitcoins because part of them is the high volatile market whereby some coins will fear and run, some will drop will some will think that's the end of it all because they are going to lack the financial pump to make their project remain when all their investors had left, of you don't want to be part of these categories, then you must maintain bitcoin investment only.
hero member
Activity: 2072
Merit: 656
royalstarscasino.com
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.
If we intend to hold Bitcoin, we should already understand our target, namely to get profits at a certain rate within a certain time period. Regarding the enxt bullrun, it is possible that next year will start to enter a bullish phase. And this is an opportunity for holders to set the target of the price based on global cetrain rates.

The problem is that when we are confused about whether to choose Bitcoin or altcoins, I personally would make Bitcoin the main priority. In this case, I will prioritize investing in as much Bitcoin as I can afford. So, even if I want to invest in Altcoins, it might be better if I invest in some of the top altcoins which will probably have quite good potential in the bullrun phase later. And you don't need too many because altcoins will be riskier and not all altcoins may experience an ATH like in the next season. So, be wise on spending your money into altcoins.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
It’s certainly your own choice and not for others to decide. Simply because it’s your money that will be compromised if ever you decide to follow other people’s decison.

Personally, it’s always a good choice if you have sufficient amount of bitcoin in your portfolio and a little of established altcoins as well. Because when the bull run happens, it’s not just bitcoin price that will be bullish but also the other potential altcoins too. However, if you are struggling with your funds, then it’s safer to chose bitcoin over altcoins. That way, you will have guarantees to be profitable in the future as long as you intend to hold them tight for long term hodling.
hero member
Activity: 1470
Merit: 555
dont be greedy
My opinion is a little bit different from others in terms of investment. Personally, I testify that it depends on your investment amount. If you have a small amount for investment, you should definitely go for altcoins. Altcoins here refer to solid altcoins like Ethereum, XLM, Matic, etc. Which is cheaper than Bitcoin and also gives you a good return in profit. If you have a large amount to invest, you have the best way, which is Bitcoin. It is right that the market is full of shite, i.e., pump dump coins, but I couldn't believe that a person who has thinking ability from above would go straight into pump dump coins. Never at all.
Another argument is that investing with a DCA strategy reduces your loss ratio on investment capital. Despite that, many didn't follow the DCA (Dollar Cost Average) method.
However, the profitability of investment in buying and selling assets is based on the percentage change in prices, not on the expensiveness or cheapness of a particular coin. Although BTC may seem expensive, price fluctuations of 5% or 10% can easily occur, just as they do with Ethereum. So, whether it's a large or small amount, I believe money will flow towards assets with stronger fundamentals, as both Bitcoin and Altcoins have their own seasons for experiencing Bullruns.

As for the habit of Dollar Cost Averaging (DCA), it's a matter of personal preference, and indeed, we cannot ascertain how many people adopt this strategy. Additionally, every investor has their unique trading style, which significantly influences their approach to entering or exiting the market.
sr. member
Activity: 952
Merit: 391
Underestimate- nothing
There is no need to go into Altcoin investment as there are chances of scams most of the time. If you want to make a smart investment, it is definitely better to invest in Bitcoin, in which case Altcoin can never be a smart investment. We think that now is a good time to invest as the price of various coins including Bitcoin market has decreased. If we invest from this bear market then surely it is a bull market and we will expect huge amount of profit. And if you invest from Bitcoin current time then you have to invest from $26k dollars. Although there won't be much profit now, if you wait until the bull market, you will more than double your profit. And if you invest the same amount of money in altcoin then surely there is a possibility of losing money in future. That is why you must invest wisely in the field of investment.


Most people investing in altcoin are also taking risk and feels like its an advantage taken, not knowing that some of this projects are time bomb that might explode anytime soon and most times what they do his give the project a good hype and people start investing from no were without background checks. Altcoin have too many scam projects and its not something you can rely on because  even the project can crash at anytime and people's money are lost. Invest in projects that are reliable and even if the profit is not huge but the security is covered and since you can buy bitcoin in fraction, accumulating gradually will help and you won't have to bother about the project crashing or ending scam, well said if the investor can wait for bull run then it will pay.
sr. member
Activity: 854
Merit: 364
I ❤️Bitcoin
My opinion is a little bit different from others in terms of investment. Personally, I testify that it depends on your investment amount. If you have a small amount for investment, you should definitely go for altcoins. Altcoins here refer to solid altcoins like Ethereum, XLM, Matic, etc. Which is cheaper than Bitcoin and also gives you a good return in profit. If you have a large amount to invest, you have the best way, which is Bitcoin. It is right that the market is full of shite, i.e., pump dump coins, but I couldn't believe that a person who has thinking ability from above would go straight into pump dump coins. Never at all.
Another argument is that investing with a DCA strategy reduces your loss ratio on investment capital. Despite that, many didn't follow the DCA (Dollar Cost Average) method.
hero member
Activity: 2324
Merit: 562
DGbet.fun - Crypto Sportsbook
There is no need to go into Altcoin investment as there are chances of scams most of the time. If you want to make a smart investment, it is definitely better to invest in Bitcoin, in which case Altcoin can never be a smart investment. We think that now is a good time to invest as the price of various coins including Bitcoin market has decreased. If we invest from this bear market then surely it is a bull market and we will expect huge amount of profit. And if you invest from Bitcoin current time then you have to invest from $26k dollars. Although there won't be much profit now, if you wait until the bull market, you will more than double your profit. And if you invest the same amount of money in altcoin then surely there is a possibility of losing money in future. That is why you must invest wisely in the field of investment.

If your trading volume is high,you can choose the bitcoin.If the volume is low,the trader can use the altcoin which is potential in the market now.The bitcoin will be the better option to inverse your money with the short term profit.Many traders will use the bitcoin for the day trading compared to the other altcoin.The bear market will be the good time to keep your investment at the potential coin.When the bitcoin market had get the bull,same will be the bull run time for the other potential coin.To get profit from the investment,patience will be the key.
sr. member
Activity: 1008
Merit: 366
Have you ever thought about how? You just need to understand what trend is running and what is upcoming.
That's just the thing mate. I don't understand how they work. It's all about trends and market sentiments. Also, investors buy and sell that altcoin to run the market. I don't want to get wind up in those things. The trend happens with Bitcoin too. But it does not stay for long and fade away quickly. So there's no long-term calculated investment in those altcoins. There's a swing in price for trend and you just need to find the best time. I don't like to waste my time finding that "perfect" time.

It's all about how much time I can give to this and get the best out of my invested time. And for me, Bitcoin is the best choice. You can have your altcoins and make a profit from them. But I will just stick to the Bitcoin. That's all there to it.
full member
Activity: 504
Merit: 212
Its all about finding your comfort zone.
So, it is totally my personal choice to stick to Bitcoin. Others can choose whatever they can benefit from. I have no issue with that. All I said is that I have experienced some bad things in the past with altcoins. So people should be aware of that too and choose after analyzing and researching. Because nowadays, good projects hardly come by.

I have had some bad experiences with altcoin as well but as long as i can remember my biggest gain was from altcoin too. It is not that hard to earn money from altcoin actually. Bitcoin will give multiple X profits in every cycle but for altcoin, most don't cross their ATH in the next bull cycle. Still, people made a lot of money from them. Have you ever thought about how? You just need to understand what trend is running and what is upcoming. When there is a trend running in the altcoin market most of the tokens from that category do well and give multiple X ROI. So if you can spear a small amount of funds to play with altcoin and you know how to play you should do that. You do not need to sell your bitcoin for that.

sr. member
Activity: 1008
Merit: 366
Its all about finding your comfort zone.
You have said it right. I am most comfortable with Bitcoin. People are still making profits from investing in other Altcoins. But to me, those are not just for me. I mean, I don't like them. It is hard to get the best out of something that you don't like. I am comfortable with Bitcoin and whatever I get from that investment, I am happy with it. That's all that matters right?

So, it is totally my personal choice to stick to Bitcoin. Others can choose whatever they can benefit from. I have no issue with that. All I said is that I have experienced some bad things in the past with altcoins. So people should be aware of that too and choose after analyzing and researching. Because nowadays, good projects hardly come by.
hero member
Activity: 1960
Merit: 547
Vave.com - Crypto Casino

My investment view is to focus 70% of capital on bitcoin, the remaining 30% is evenly distributed to altcoins, be it topcoins or some low-cap coins. Never let altcoins take up the majority of your investment portfolio, it is more like gambling than investing because altcoins are quite risky.

Saying that all altcoins are scams and not worth investing in is wrong because many altcoins also give very good returns, but there is nothing wrong with someone investing only in bitcoin and saying no to altcoins. It all depends on the taste of each person, no one is wrong.
Allocating a little for the possibility of big profits I don't think is a bad thing as long as it doesn't interfere with investment plans in Bitcoin or other top coins.
If someone says that a low cap coin is a fraud I will not refute it because of the many coins there are only a few that can be promising, the rest will pass you by.

I'm just stating my investment philosophy and how I allocate my investments. And how people invest depends on each person's investment preferences, even if someone only invests in altcoins and ignores bitcoin, it is not a problem. As long as they know what they are doing and they are willing to accept whatever results they get, they can invest in anything they like.

Although low-cap coins are risky, that doesn't mean they are definitely a scam project. If you want to find coins with x10, x100 potential, low cap is actually a better choice than meme. But again, it's your choice, everyone's, no one is wrong.
hero member
Activity: 1960
Merit: 537
Leading Crypto Sports Betting & Casino Platform
Talk about altcoins, we are talking about gambling rather than investing, as these projects thrive on hype only to eventually dissipate. Altcoins don't have any technology or utility, it's all just pump and dump. However, if an individual possesses a proclivity for gambling and revels risks to potentially substantial rewards, then exploring altcoins might align with their personal inclinations and choices.
Some altcoins are trusted enough, they have good fundamental. I think it is quite secure if you invest in top altcoins such as ETH, ADA, SOL, or MATIC. But if you invest in new altcoins or meme coins, I agree it is more likely as gambling than investing. So, don't generalize the potential of all altcoins, not all of them just rely on the hype only. There are some altcoins which have good fundamental, they have real technology and convincing utility.

Yes, what I'm talking about is about the altcoin market in general. And if we talk about top altcoins like ETH, I cannot deny that it is really a very good altcoin and even has the same potential as bitcoin. While bitcoin may be credited with initiating this market, it is ETH's substantial contributions that have propelled market's current state. Its potential and role cannot be denied.

Bitcoin will remain a safer investment than altcoins. But I also don't hate someone investing in altcoins because they're investing with their own money. We have no right to intervene or teach them anything because we cannot help them.
Of course, Bitcoin is the main coin in crypto space. That's easy for any people to make Bitcoin as their main asset. However, investing in altcoins isn't the wrong choice as long as we can choose the right altcoins. But we must be more careful investing in altcoins because the risks are higher. However, altcoins also offer the chance of higher profits due to its bigger volatility.



I don't hate altcoins and I also invest in some altcoins but we should be careful with them because of the risks they bring. Furthermore, where people invest is their right, because we invest in bitcoin and they invest in altcoins, we should not conclude that they are wrong or stupid, that's what I want to say .
hero member
Activity: 2086
Merit: 513
DGbet.fun - Crypto Sportsbook
There is no need to go into Altcoin investment as there are chances of scams most of the time. If you want to make a smart investment, it is definitely better to invest in Bitcoin, in which case Altcoin can never be a smart investment. We think that now is a good time to invest as the price of various coins including Bitcoin market has decreased. If we invest from this bear market then surely it is a bull market and we will expect huge amount of profit. And if you invest from Bitcoin current time then you have to invest from $26k dollars. Although there won't be much profit now, if you wait until the bull market, you will more than double your profit. And if you invest the same amount of money in altcoin then surely there is a possibility of losing money in future. That is why you must invest wisely in the field of investment.

Many people always say that all altcoins are scams but do you see that ETH or BNB are more profitable than bitcoin during the 2021 bull season?  and I bet you that ETH's increase in the upcoming bull season will also be more significant than bitcoin's.  bitcoin is safer, that is undeniably, but not necessarily bad if we invest in altcoins.  just because you don't know enough to profit from altcoins doesn't mean everyone else is like you.  smart investments are those that bring the highest returns, not just one thing.

Others haven't experienced it for sure, which is why they are saying it, but those who said it said that they only want those new release coins to invest in because it's cheaper than having ETH and BNB, and that is where they get scammed.
 
But having both Bitcoin and altcoins is good as you diversify your investment, but be cautious, and it is better to only invest in top altcoins like BNB, ETH, and XRP.

While I'm not against investing in altcoins, I wouldn't consider it diversification to minimize risk since the entire market depends on bitcoin's movements.  when our bitcoin investment loses money, no altcoin investment will make a profit.  investing in altcoins is just about finding ways to optimize profits and not minimize our risks, so I don't call it diversification. 
But I agree with you, if you don't want to risk too much, invest in ETH or XRP, I believe they will bring better profits than BTC in the upcoming bull season.
sr. member
Activity: 1498
Merit: 443
Talk about altcoins, we are talking about gambling rather than investing, as these projects thrive on hype only to eventually dissipate. Altcoins don't have any technology or utility, it's all just pump and dump. However, if an individual possesses a proclivity for gambling and revels risks to potentially substantial rewards, then exploring altcoins might align with their personal inclinations and choices.
Some altcoins are trusted enough, they have good fundamental. I think it is quite secure if you invest in top altcoins such as ETH, ADA, SOL, or MATIC. But if you invest in new altcoins or meme coins, I agree it is more likely as gambling than investing. So, don't generalize the potential of all altcoins, not all of them just rely on the hype only. There are some altcoins which have good fundamental, they have real technology and convincing utility.

Bitcoin will remain a safer investment than altcoins. But I also don't hate someone investing in altcoins because they're investing with their own money. We have no right to intervene or teach them anything because we cannot help them.
Of course, Bitcoin is the main coin in crypto space. That's easy for any people to make Bitcoin as their main asset. However, investing in altcoins isn't the wrong choice as long as we can choose the right altcoins. But we must be more careful investing in altcoins because the risks are higher. However, altcoins also offer the chance of higher profits due to its bigger volatility.

hero member
Activity: 1316
Merit: 561
Leading Crypto Sports Betting & Casino Platform
I don't like altcoins anymore. I used to be in altcoin in the past but when I realized what kind of shit they are, I switched to Bitcoin. And I am serious about it. I know I won't make higher profits if I only stick to Bitcoin. But that doesn't matter. What profits I will make from Bitcoin is more than enough for me.
Choosing altcoins is a gamble. Either it will be a successful one or it will fail. And the profit-making thing is optional. It may follow the sentiment and pump in price or I won't be able to do it even once.
Also, the fact that altcoins have fewer use cases, and for that, after a huge pump in price, if it falls, it may never go up again. Even after hodling for years. Once it's gone, it's gone. So it is hard to compete with others and choose the right time to sell.

Why take that risk when I can just rely on BTC? I can sell in portions in different price ranges. That will maximize the profit and also I won't regret selling early or late.
while Bitcoin is indeed a proven entity, I'd argue that there's some merit in diversifying – not necessarily in altcoins, but in other asset classes. Consider this: while BTC is solid, there are potential risks like regulatory changes, technological shifts, and so on. Diversification, even within the realm of cryptocurrencies, might be worth considering. For instance, Ethereum's smart contract functionality has set it apart from many other altcoins. Im not saying throw caution to the wind, but maybe, just maybe, there's a sweet spot between the safety of Bitcoin and the potential of select altcoins. Its all about finding your comfort zone.
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