You need to get exposed to BTC a certain amount of your portfolio. Also, the altcoins world will give you a good return if you choose the right coin.
The altcoins world is like the ocean, one day you will see some islands appear from nowhere!
Topic: would you keep all your altcoins or convert to btc for long term holding? (Read 386 times)
August 29, 2017, 10:39:13 AM
August 29, 2017, 10:31:04 AM
Lets say you have a significant amount of money in a top 10 altcoin (north of 500k) and you are interested in long term profit/holding.
Which do you think would be the better and most profitable alternative? wait for that altcoin to "hit", or convert it all to btc and hope that the price jumps up to 10k or more in a few years?
I will try to keep a half of my amount to the altcoin because the altcoin can give me the return over 100% at the same time the bitcoin couldn't give me like that, for you know that try to take an example and do a research with such coin like waves and you can try to compare the price at the ico and the latest price of waves. and it gives you a complete result. Which do you think would be the better and most profitable alternative? wait for that altcoin to "hit", or convert it all to btc and hope that the price jumps up to 10k or more in a few years?
August 29, 2017, 10:21:31 AM
keep some in altcoins and convert rest to bitcoin. I feel like converting them to bitcoin is safer than leaving them in altcoins but you have to take the risk but still not keep all of your eggs in one basket.
August 29, 2017, 10:18:59 AM
Lets say you have a significant amount of money in a top 10 altcoin (north of 500k) and you are interested in long term profit/holding.
Which do you think would be the better and most profitable alternative? wait for that altcoin to "hit", or convert it all to btc and hope that the price jumps up to 10k or more in a few years?
I will do both i will have some funds for my bitcoins and sone alternate cryptoccurrecny so in this way i can have a both win situation, if you saw when bitcoins were being pump i will benefit and the altcoins were dump also a chance to buy low price crypto's and when btc was stable crypto go back to its beyond normal price so it is a profit again. Which do you think would be the better and most profitable alternative? wait for that altcoin to "hit", or convert it all to btc and hope that the price jumps up to 10k or more in a few years?
August 29, 2017, 10:16:48 AM
I'm a Bitcoin believer. But something that I've learned is to have some alts saved for the long run, but I know enough of Bitcoin's potential to have more than eighty percent of my portfolio on it.
What is in the other 20%? I like your 20-80% ratio, and would like to use 20% of my bitcoin earnings to buy altcoins. I could buy one altcoin each week. If I spend $30 per week that makes $1500 per year. A decent amount if some go up fast, but not too much to lose. 
August 29, 2017, 10:13:46 AM
It's better to split. Long term investment in bitcoin never fails ( as far as the trend goes). If you think that the altcoin is growing then a short term investment or trading wouldn't hurt.
That is a good investment configuration, some long term investment such as bitcoin, ETH, and some for short term investment such as some hot ico projects in my opinion.
August 29, 2017, 10:12:37 AM
What i'm doing right now is that i'm holding my altcoins and waiting for it to hit my target price. So far, looking at my odds i think i'm doing it all wrong. The minute btc hiked, my altcoin dumped and i'm losing so much already. I should've just converted it all to btc.
August 29, 2017, 10:09:23 AM
As long as the money is spread across multiple alt coins I'd keep it in them. The alt coins should average out and follow the whole market. I still think alts are outpacing BTC at the moment.
August 29, 2017, 10:02:56 AM
I'm a Bitcoin believer. But something that I've learned is to have some alts saved for the long run, but I know enough of Bitcoin's potential to have more than eighty percent of my portfolio on it.
August 29, 2017, 09:57:08 AM
Convert the majority to Bitcoin Cash, the real Bitcoin.
August 29, 2017, 09:41:07 AM
It's better to split. Long term investment in bitcoin never fails ( as far as the trend goes). If you think that the altcoin is growing then a short term investment or trading wouldn't hurt.
August 29, 2017, 09:32:01 AM
Lets say you have a significant amount of money in a top 10 altcoin (north of 500k) and you are interested in long term profit/holding.
Which do you think would be the better and most profitable alternative? wait for that altcoin to "hit", or convert it all to btc and hope that the price jumps up to 10k or more in a few years?
Which do you think would be the better and most profitable alternative? wait for that altcoin to "hit", or convert it all to btc and hope that the price jumps up to 10k or more in a few years?
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