Why I am focousing more on $ALTS than Bitcoin - page 3.

Mahanton

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Quote from: leea-1334 on August 24, 2020, 01:04:00 PM

Quote from: crzy on August 23, 2020, 07:25:11 AM

Quote from: chesatochi on August 22, 2020, 10:29:05 AM

At least keep a portion in BTC, and have fun with all the projects that moon lately where you can make huge amount of profit.

No matter what you are doing, you should not forget to hold bitcoin because it is still valuable and it can go up high again. Anyway, I'm also monitoring the alt market especially the DeFi projects because many investors are coming into this new platform and we have to join that hype to earn as well. Some old altcoins was able to pump as well, so you should look into it and see if you still have that tokens, time to sell maybe.

Sounds like good advice to me,,, and one I sort of tell people too. Altcoins is gambling, let us face it. Put 1% in it I would say, no more than 2%. Of course I put about 10% and growing in ETH/XMR/LTC but these are very old projects I know will not dump.

Im not really that much into such belief that those top coins will not dump yet we know on how unpredictable the market is and yes everything would really be a gamble even with BTC or altcoin neither of the two.
Some people can really take up the risk and they do test it out if it really do works for them or not.We cant say that they arent aware on the risk but we know the probabilities on making big money if
those alts would really make a run.Its a matter of choice and preference though because some do only stick with the current best coins in the market but some do really focuses out into other alternatives.
It depends as long you do make profits.

Captain Corporate

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I understand that some people think "bitcoin can't do x100 in the near future, whereas my altcoins can" and they might be right, there were and will always be some coins that will be x100 one day, of course %99+ of them will not be x100 but if you are super lucky you can find that one that makes that huge profit for you, whereas bitcoin could never be x100 any time soon, maaaaaybe in a decade or more but nowhere soon.

However you have to understand people who also invest into bitcoin wants to make that %10-20 profit over the possibility that your altcoin could go down, bitcoin can't go down too much, it could always go down but I doubt it could ever be %90+ loss, even on the worst ever it went from 20k to 3k but if you waited a bit it moved back over 10k once again, while some alts that went down same period are still down %90+

So the people who invest into altcoins and invest ICO's and defi's and so forth want huge wins, the people who invest into bitcoin and ethereum wants regular returns that are realistic but more possible.

Roidz

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Although we cannot predict the future of crypto, but if we invest money in bitcoin is a fairly safe alternative than investing large amounts of money in alternative coins projects, which currently seem to be a way for scammers to gain profit, but of course outside There are still many alt coins projects that can give us an advantage, but in this case maybe only 20% of the projects are really real, so we must always be careful and careful in choosing the Alts coin project so as not to become a victim of a fraudulent project.

leea-1334

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Quote from: crzy on August 23, 2020, 07:25:11 AM

Quote from: chesatochi on August 22, 2020, 10:29:05 AM

At least keep a portion in BTC, and have fun with all the projects that moon lately where you can make huge amount of profit.

No matter what you are doing, you should not forget to hold bitcoin because it is still valuable and it can go up high again. Anyway, I'm also monitoring the alt market especially the DeFi projects because many investors are coming into this new platform and we have to join that hype to earn as well. Some old altcoins was able to pump as well, so you should look into it and see if you still have that tokens, time to sell maybe.

Sounds like good advice to me,,, and one I sort of tell people too. Altcoins is gambling, let us face it. Put 1% in it I would say, no more than 2%. Of course I put about 10% and growing in ETH/XMR/LTC but these are very old projects I know will not dump.

Yamifoud

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Well, seeing those charts means that we have a good trend for altcoins and provide an exciting moment this time than Bitcoin has. But we can't deny that this trend never takes so long and being potential all the way unlike that Bitcoin have. I'm not actually skipping into altcoin because I also invest some of it just like ETH and BNB but I spend more than half of my capital into Bitcoin for I know that it deserves to be trusted.

These amazing trends will soon change, the resistance might it stronger than Bitcoin but we are considering how it takes for a long-term market position and I know that Bitcoin looks better than these altcoins.

Andrews193

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Bitcoin and altcoins have good combination of holding or trading it because you can get more profit if you do this.
But many people are focusing to the altcoins which is cheaper value compared to the bitcoin because alts will give to them a high value.

Bitcoin is giving them too profit but not a huge than what possibility altcoins holder/trader will be get .

Exactly, altcoins right now have a lot of new names with quite a low value but in return, they deserve to invest when the resources behind are huge, and with such great resources, they can easily scale and raise funds and achieve bigger prices in just a short time while bitcoin could be said to be in a phase of saturation, its potential was already at a level that everyone could estimate. People's estimates suggest that profits will only be relative to bitcoin but altcoins will be a bigger source of profits when they're too new and too hard to predict their potential

Btc_1856

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Quote from: Silberman on August 21, 2020, 12:08:37 PM

Quote from: Lasky366 on August 18, 2020, 10:05:56 PM

Well I would look for the ALTS MARKET CAP closely now, as it's the major indication of BTC continues uptrend. According to this projection it's not even the beginning of our upward wave I wrote on weekends.

Let's wait the fixation above 12k$ & Alts Market Cap outflow.

The market off altcoins has been presenting significant growth over the past weeks and while bitcoin has grown as well it has lost several points when it comes to its dominance so it is clear that the current growth in the market is altcoin driven, so you are not wrong when you say that you are putting more attention to altcoins than bitcoin, just remember that the market moves in cycles and just as altcoins can outperform bitcoin there are very long cycles in which bitcoin is the one that outperforms altcoins.

yes that's why focussing on altcoin is make chance to make more profit than keep our money bitcoin where the movement is slowed than altcoin.
but still keep an eye on bitcoin and place the profit in bitcoin

You are right, everyone is investing in altcoins in order to increase their value in Bitcoin, once the attacking prices start recovering and in the same way, there is a huge risk involved in it. So we should always carefully invest in potential altcoins otherwise we might lose more value.

Iyeman

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The DEFI has also brought a lot of contribution for the altcoins to eat the bitcoin dominance. you can see the latest report that has already published on some sites and it says that if defi has already reached more than 6 billion on the total funds that were still getting locked.

it's also boosting the total mcap that has already achieved by altcoin too. im all in altcoin too.

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Quote from: Lasky366 on August 18, 2020, 10:05:56 PM

Well I would look for the ALTS MARKET CAP closely now, as it's the major indication of BTC continues uptrend. According to this projection it's not even the beginning of our upward wave I wrote on weekends.

Let's wait the fixation above 12k$ & Alts Market Cap outflow.

are you referring to DEFI project here since they are the one who's on top of growth now like Chainlink?
i Think yeah they are going higher now and the ROI is really amazing but my question is would all this may long ?of will dump after a while?

I know how High the value of Bitcoin and Ethereum now but at least those 2 are tried and tested already that making a comeback after the fall,but those altcoins specially the pumping now haven't even proven their capacity to make others trust them aside from this recently High Movements.

terciduk123

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Investing in the right few Altcoins is more profitable than Bitcoin. like the current DeFi trend, the prices of some DeFi tokens have multiplied. but if we choose the wrong Altcoin in investing, then we can lose our money. so even though Altcoins look more profitable, don't put all our money in one place.

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Quote from: kapalmabur on August 21, 2020, 08:30:29 AM

Bitcoin has gone up in a few months, and the dominance of bitcoin has also gone up high,
and it's time for altcoins to show that altcoin is a worthy investment, altcoin season is coming, don't miss it.

but, in my opinion this altcoins seasons will be different with the past, because in this season only a solid and reliable altcoins project will going to the moon
and shitcoins will dead soon buddy

goaldigger

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Quote from: Kunnu on August 23, 2020, 12:21:28 AM

Basically it's all depends on which one can be more beneficial at this time Bitcoin or a best performing altcoin if I see a suitable altcoin which can give me more profit than btc so I would definitely invest on it to make some good amount of profit after all it can be wise decision to pick that way where you find more benefits.

Besides that, when that person chooses altcoin as his way to make a profit, he will analyze before he decides, so he can find that the potential altcoin. It is not easy because we know that many altcoins out there, and if we are making a mistake choosing the altcoin, we will not be able to make a profit. But some people select bitcoin and altcoin to make a profit.

We can choose both and invest on what is more profitable, its easy to choose bitcoin but looking for a profitable altcoins is quiet not easy and you have to know your target price to buy and sell on altcoins considering the number of altcoins, it takes time as well. I have no favoritism, and I trade on most of the opportunity to make money in the market whether its bitcoin or altcoins, it doesn’t matter as long as I get reach the target.

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Quote from: ScamViruS on August 23, 2020, 07:34:10 AM

Quote from: Kunnu on August 23, 2020, 12:21:28 AM

Basically it's all depends on which one can be more beneficial at this time Bitcoin or a best performing altcoin if I see a suitable altcoin which can give me more profit than btc so I would definitely invest on it to make some good amount of profit after all it can be wise decision to pick that way where you find more benefits.

Yeah. When you are a trader then you must want to know how to make more profit. For this the trader wants to take advantage of every opportunity. Since, DeFi hype has been created in the altcoin market which is why the coins of DeFi projects are being pumped.

Traders now have the opportunity to make quick profits from DeFi project coins. If you are an experienced trader then you can get good results in any market. I have seen a lot of traders who prefer to trade in that trend when it starts. And most of the time their decisions are right.

All varies on how you do handle out yourself but there are really people who do really just stick out with BTC no matter what and dont consider altcoin investment as an another option for them to make money.
For those people who do risk out will definitely have that chance on gaining profit even more if the said situation would really go as planned.We didnt even expect that DeFi did really make this kind of buzz
or trend in the market and for those who indeed consider on positioning themselves before this trend happened then they are the ones who do really make out some serious profits.
Its just a matter on how you do look into the market and do really mix up with some gamble if you do willing to risk or not since we know that outcomes wont really be that precise from time to time.

jacafbiz

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There is no doubt that the growth potentials in Altcoins is far above that of Bitcoin, your choice depends on the your appetite for growth because both would still grow. Another thing is that Bitcoin represent stability, you can invest into BTC today and leave it for 10years and you will be sure the coin would still be trading in 10 years but you can say this about most of these ALtcoins

ScamViruS

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Quote from: Kunnu on August 23, 2020, 12:21:28 AM

Basically it's all depends on which one can be more beneficial at this time Bitcoin or a best performing altcoin if I see a suitable altcoin which can give me more profit than btc so I would definitely invest on it to make some good amount of profit after all it can be wise decision to pick that way where you find more benefits.

Yeah. When you are a trader then you must want to know how to make more profit. For this the trader wants to take advantage of every opportunity. Since, DeFi hype has been created in the altcoin market which is why the coins of DeFi projects are being pumped.

Traders now have the opportunity to make quick profits from DeFi project coins. If you are an experienced trader then you can get good results in any market. I have seen a lot of traders who prefer to trade in that trend when it starts. And most of the time their decisions are right.

crzy

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Quote from: chesatochi on August 22, 2020, 10:29:05 AM

At least keep a portion in BTC, and have fun with all the projects that moon lately where you can make huge amount of profit.

No matter what you are doing, you should not forget to hold bitcoin because it is still valuable and it can go up high again. Anyway, I'm also monitoring the alt market especially the DeFi projects because many investors are coming into this new platform and we have to join that hype to earn as well. Some old altcoins was able to pump as well, so you should look into it and see if you still have that tokens, time to sell maybe.

$crypto$

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Quote from: LbtalkL on August 22, 2020, 07:06:42 AM

Apart from technical analysis some people focuses on ALTS hoping for a x100 - x1000 or more returns that they missed when bitcoin just launched before. Bitcoin movement now is not that big I guess not more than 15% but on alts you can easily have 100% if you selected a good coin. But of course we will diversify our assets consisting bitcoin and altcoins.

It is also difficult to find a better altcoin for 100% return even though bullrun can be expected but altcoins are not fully increased by 10x I try to find altcoins that are difficult to find because now it is different from before, bitcoin has indeed experienced a tremendous increase then with altcoins requires investor confidence to pump further and altcoins will eventually crash too.

Kunnu

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Basically it's all depends on which one can be more beneficial at this time Bitcoin or a best performing altcoin if I see a suitable altcoin which can give me more profit than btc so I would definitely invest on it to make some good amount of profit after all it can be wise decision to pick that way where you find more benefits.

MCobian

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Your analysis regarding the increasing altcoins market cap is indeed a good reason for us as investors to focus on investing in some of
the top altcoins to generate big profits. But that doesn't mean the decline in Bitcoin dominance makes us move everything the bitcoins
we have become altcoins. Still, the investment portion in Bitcoin must be greater than altcoins, so the best investment 60% in Bitcoin
and 40% in altcoins.

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Quote from: Kocret02 on August 22, 2020, 11:36:40 AM

altcoins are on the rise due to the strong market influence. it won't be easy to make altcoins experience a significant increase. Nowadays there are many types of altcoins in crypto, and altcoin holders are focused on the altcoin upside chart

Alt coins investors are more on hypes, they are looking for opportunities that can bring a much quicker outcomes, there
are many projects that have offers where investors can generate good profits, but the risk is too high once the developers
are not serious and only after with the invested money coming from people who did not do the research. Pick the right
alts and enjoy the profits.

Topic: Why I am focousing more on $ALTS than Bitcoin - page 3. (Read 850 times)