Bitcoin Forum

Hello guys,

as the title says - i would like to know your opinion on where to invest 25,000 USD? What would you buy for short term period - <1 year? Litecoin or Bitcoin? I don't want to look like 100% pure speculator, i have ecommerce with self defense products accepting bitcoin and if it would be possible, i would accept Litecoin too. I am using bitcoin almost every week to buy or sell goods for some time.
However, now I would like to make investment of 25,000 USD into cryptocurrency - ltc, btc or these 2 together. I know all the risks and i accept the fact i can lose all my money - but of course i would rather not to  ;)

I am thinking about diversify this money into LTC and BTC - but where to put bigger part? And why? And when you think will be the "best time" to invest?
Am I wrong if i think, that right now ltc has bigger potencial to rise in the short time period because mtgox is planning to accept LTC in near future (or at least they claim so)? I believe in BTC generaly, but now i am afraid, that miners with new ASICs will push the price down for some time selling almost immediately every BTC they mine until they break even...? I would like to know your opinions and see the reasons why to invest into BTC or LTC. I will make the final decision on my own, but i will appreciate every (reasonable) opinion of yours. I will try to write here how i decided and provide a report on the results.


Thank you

I would invest in bitcoin, i dont see any value in litecoin, few users, nearly no merchants, few exchanges, not much development / developers. If litecoin becomes successful it will be only because bitcoin becomes extremely super sucessful.

Bitcoin, most people invest in Litecoin "because it will be on Gox soon".
Once it's there it will probably crash a lot.
(You might be able to make some money before that though, but I wouldn't recommend using most of your funds there)

I would go 70% BTC and 30% LTC, and be much more flexible on releasing the LTC as soon it looks good.
If MtGox defaults, it will affect both BTC and LTC, anyways, in a very inpredictable manner.

Anyway, hold the BTC, and then whenever you need to buy any stuff, spend those instead of $, you'll automatically profit from the exchange rate growing in favor of BTC.
Please just don't sell them back for USD.

BTC has a (quite) low value atm, you show try it now, and make some profit within a month :)

bitstamp.net wire, per bitcoin prices are always $2-5 less than gox
don't bother with ltc until you have a firm footing in bitcoin, at which point you might decide that ltc isn't really worth it   ;)

Bitcoin for sure, but don't just buy right away and hold forever like some users are indicating. I'd recommend sticking it on an exchange of your choice, then waiting until you think its an opportune moment, then buy. Buying just because you happen to have money is an easy way of losing money.

i think it was a bit too late...

you should have purchased that money to bitcoin when it was $70/btc...

now btc is going to the moon....

If it's really going "to the moon", why should it be too late now?
As nobody knows whether or not it will drop to $70 again, you could invest some now and some later in case it drops again.

If you don't have a clear take on the market, one option might be to scale in. You could invest 50% into BTC and keep the rest in USD. I find that when I'm 50% in the market, it takes away some of the worry around needing to pick the right market direction (if the price goes up, I get some USD paper profit, if it goes down, I can choose to expand my Bitcoin holdings). Also, in your shoes, I'd probably hold off a week or two before doing anything as we seem to be on a knife edge between a bull and bear market. I think we may have more clarity in a few weeks. You could also look at putting a small percentage into dividend yielding stock denominated in BTC, check out the securities section of this forum and maybe seek some recommendations.

I would say get LTC you will be able to get more coins and also more potential for growth

With those arguments, you should better buy the trashiest coin you can find.
You can get more coins and the potential for growth is so much higher when the value is zero.

Wait till the bubble deflates!! buyer beware!

the bubble has just started it'll start deflating when it hits $20,000/coin

You make me wanna throw up.

I can dream. Will be able to buy a new Ferrari with what was pocket change a year ago. Talk about investment of the century!

Your thread title says "invest", we're talking about crypto-coins, and your post body says a timeframe of "<1yr". Those things cannot coexist.

If you're thinking of this as an investment, you really need to extend your timeframe. Should be more like 5yrs+. At least. If you were to put money into Bitcoin, come back in a year, and consider it a failure if the price was the same or lower as now, you've entirely misunderstood the nature of the beast and its possible variance. High variance means you need to extend your timeframe.

Personally, I think bitcoin is a very positive-expectation play with excellent expected ROI over 10yrs, but the volatility is going to be extreme for years, and, of course, there's a non-trivial possibility of total loss.

Regarding litecoin, I don't see any reason why it should have much value in the long-run; there's nothing innovative about it vs bitcoin. Purely gambling.


tl;dr: Buy bitcoin, but only if you can expand your time-horizen to at least 5yrs.

Exactly, litecoin always looked purely parasitic to me. It exist only because BTC is successful and some people who missed BTC have fantasy that altcoins can make them rich ;)

Altcoins can make you rich and litecoin certainly made few rich.

They can also make you poor, and several altcoins certainly did that.

No different to bitcoin then.

OP, my personal feeling would be put 18-20k into bitcoins, 5-7k into litecoins.

In that you can speculate with them, yes.
But Bitcoin has at least some other uses, Litecoin a few, other Altcoins barely any.

I meant how it can make you poor, like in the quote that I quoted.

That exactly is the speculation part.

I would go with a split of ~22-24k in Bitcoin and 1-3k in Litecoin.

I'd invest in shorting both btc and ltc.  Put most of it into shorting BTC.

50% BTC, 30% LTC, 20%PPC

Hold for a year+.

Thank me later.

Invest in Bitcoin for sure !
Litecoin may be more speculative, volatile, but never successfull as Bitcoin is/will be !

Neither. You will do better if you invest in bitcoin-related businesses instead of the currency itself.

Think about it. If you invest in coins directly, your profit is proportional to the number of coins you own. If you invest in a business, your profit is proportional to the amount you invest plus the income that the business makes. If you invest in a business and they use those coins to make money, then the value of your investment will grow faster than the currency itself.

Don't invest in a currency, invest in a business that uses the currency.
You wouldn't invest solely on the USD, would you?

Look into Activemining on Bitfunder or BTCT (AMC)

8 years in BTC

 1 year "investment"   ...   lol ok

You also take an additional risk that this business will flop, even when Bitcoin doesn't.

I'm all USD right now waiting for the Bitcoin bubble to continue deflating.

I'll probably buy some LTC again depending on how the MtGox situation turns out and I'll definitely buy more BTC but my $50k is just waiting right now.

40% BTC
19% LTC
19% NMC
19% PPC

3% XPM (PrimeCoin)

Also, you might want to take a look at these: http://coinmarketcap.com/

How about some perspective:

https://i.imgur.com/Vcjaken.png
https://i.imgur.com/Vcjakenl.png

https://i.imgur.com/CqLcPLN.png
https://i.imgur.com/CqLcPLNl.png

http://imgur.com/8DH66GU.png
https://i.imgur.com/8DH66GUl.png

So let me get this straight: Your distinction of a scam coin is if they are over a certain market cap or not?

Yes, thank you

No, my distinction is all coins except BTC, LTC, PPC, NMC, FRC, and DVC.

When LTC are deployed on MtGox, I intend to buy BTC or LTC every time the market moves a specific percentage.

Lol you need to do some research before you post. PPC (p2p coin) and XPM (prime coin) are both created by same author Sunny King.
Primecoin started only last week and had a fantastic start with no premine and already set 2 world records :
http://bitcoinmagazine.com/primecoin-has-exchange-casino-already-breaking-world-records/

 It is very insulting to put XPM in the ranks of scam coin.

FRC is scamcoin to my understanding as it was stated somewhere that they have premined it (I'm not sure of that as a fact but demurrage is not that attractive aspect anyway)
DVC hasn't attracted me either and is a semi-scam coin.
XPM is actually novel and introduces something new to the crypto currency club.

My recommendation would be to invest that into a crypto business/mining company instead of just holding onto currency straight up, by doing this you leverage growth in the business(es) and the currencies for yourself and keep generating the revenue past your ROI.  businsses and mining companies both exist with both of the currencies you mentioned.  Mining companies are probably the "safest" way to go in either case because their ROI is trackable and in many cases they have months of data and notable leaders with reputations on the line once they've been established.

There are also Pass through funds on various crypto stock exchanges if you don't want to deal direct but that increases your risk some, I won't talk about others and what I feel of them but I'll use the ones I run as an example:  Cryptostocks.com has both a BTC and LTC pass through to Pyramining (PYRPXYBTC,PYRPXYLTC), where you can invest some of your resources into each, I then take the investment and convert to BTC if needed and deposit the BTC into their respective pyramining accounts, as pyramining pays out I take some of the funds as reinvestment and the remaining as a dividend to shareholders (minus a small administration fee, off latest dividend payments it equatted to about $2 after months of existence), If you decide to liquidate your fund then you merely need to sell your shares to someone else (this has happened already in both funds and the advantage of my pass through is that you can get more back than if you tried to sell a direct pyramining account to someone else since the risk is so high that one or the other party will be scammed).  Pyramining rewards have been slow coming due to anticipated but now implementing their ASIC deployments so the rate of return will pickup in the near future.  But as I said before there is slightly higher trust risk in that you have to trust pyramining and trust me when investing in a pass-through fund.

With direct mining operations some notable ones to consider would be pyramining, asicminer, nasty mining and a soon to be implemented LTC FPGA mining company ran by jasinlee if you choose to wait for it.  I don't have experience with any of the other tradeable ones so I won't comment on them.

Good luck and I wish you the best with any investment vehicle you choose!  Please report back on your experiences as it helps future investors make decisions with their investments as well!

Whatever you decide, average in, don't just dump the $25k in one buy.

for 24 000 I would have said to invest in LTC
for 26 000 in BTC
But for 25 000 $, ??? I really can't tell.

Seriously, depending on your technical skills, invest at least 5-20% into an alt currency of your choice.

Stay away from distractions such as LTC and btc businesses, as these can all fail even when btc succeeds.

Buy for 50% of the money btc, keep rest in cash, and keep the 50% ratio, meaning sell btc if price has gone up and it becomes more than 50% of your portfolio, buy btc if price has gone down and btc is less than 50% of your portfolio.

This way if bitcoin becomes a success you will not have missed it as you will always have 50% of your capital invested in it. But at the same time if bitcoin goes down to say $30 over the next year you won't feel too bad about it as your loss will be much less because you always have 50% in cash too, and you will be forced to buy a lot of coins as the price goes down just to continue to have 50% bitcoins.

If the price ever goes to extreme lows, say $10, you can risk changing strategies and go 100% in btc and switch to a buy and hold simply because the risk/reward will be extremely favorable at that point because it chances are high that it would 100 fold from there in only a few years, which would make you rich. :-)

However, now I think that is a bad idea as the risk/reward is not good right now and chances are high that you will see your 25k shrink seriously if you were to go all in and do buy and hold.

What do you think?

LTC  dump after gox and hold btc