Poloniex is my only trading platform.at present all the altcoins in polo are experiencing a huge correction and probably are trading at their 52 week low due to the bitcoin rally.is it the correct time to double the investment to maximize the returns ?what is the best portfolio for 4btc investment?
this week, nothing is good. and all the altcoins are super risky to invest in because they are all falling due to investors taking their money out of this market to join in the bitcoin price rise.
if you want to invest in altcoins be careful, currently it is super risky but at the same time a good chance to buy cheap coins which will soon rise again. just wait for the bottom prices.
In my eyes XMR
Since you are a newbie I should write why
![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
- Sophisticated Coin
- Strong community
- Good Ecosystem (things can be bought with it directly -> DNM)
- Reliable developers
- Very good features implemented (soon: Kovri, RingCT)
- It is very cheap at the moment.
You could try to wait if the price will hit something 0.005x but if you are looking for a coin with profit in the medium/long run, buy XMR now.
Edit:
I want to add something. BTC will crash for sure. It rises way to fast. Another panic sell of BTC will occur soon.
Conclusion: DNM is a Billion Dollar market mostly with escrow. Vendors will -like always in the past- complain about losing money every day.(That time with BTC, before it was XMR)
Meanwhile XMR will rise in price (for sure). That will just help to make a transition from BTC to XMR.
-> Tandem effect.
this is a clear case of FUD and crap post about bitcoin.
and also this type of posts are the reason why coins like XMR don't grow. i like Monero and i support it but i am not going to ever spread lies about monero or bitcoin to desperately cause a rise probably