Bitcoin Forum

Is it a good idea to invest most of, if not all of my portfolio into smaller altcoins with the potential for huge growth? For example, altcoins with a marketcap of less than $1Bn have a much greater potential to grow 10x - 100x than the likes of Bitcoin and Ethereum do.

yes that also a factor. the supply not only the factor determine the potential coin. there are lot of factors to determine. the team behind the project, their vision , whats the new updates, where is in the market circle.  some have huge supply but the price also increased, because investors like to invest because of other factors. Dont put all the funds in to one coin. these days sia, eth, have great potential. Try to do research before investing. ICO also best way to get ROI as 10X

Based on my experience I can say that holding all funds in Alts is a bad idea. It is important, part of Deposit to hold Bitcoin. Because with the dramatic increase in BTC, your altcoins are losing value.
Here is an example: in the spring of 2017 started to invest in the crypt 4700$. At that time Bitcoin price was 1000$. And all of 4.7 BTC invested in altcoins. In summer the value of my portfolio has grown to 7 BTC (in the alts). But I did not record a profit and not deduced 50% in Bitcoin. In autumn, Bitcoin has increased dramatically and my altcoins greatly subsided up to 1 BTC.
After this experience, I changed my investment strategy and try to allocate Deposit in Alts, BTC and cash.

It is against my trading strategy. I prefer to divide my portfolio in some percentage. Of course you can set different strategy. Mine is %60 bitcoin and %40 alt coin in all my portfolio. If you like to take risk more then you can increase alt coin percentage.

It depends on how much risk you are willing to take. When you look at an altcoin exchange, the green numbers may look very attractive and provide some easy returns, but you shouldn't forget that altcoins are even more volatile and open to manipulation than bitcoin, so you can see your investment vanish as well. I personally would keep at least 50% of my investments in bitcoin.

I'm seriously considering it.

Looks like 2018 will be the year of altcoins and altcoins will show a much bigger growth rate than bitcoin itself.

Any suggesting beside standard in top 100?

Investing entire portfolio in altcoins...

is a terrible idea!

Here are the problems:

#1) The altcoin you invested in has to outperform bitcoin, thinking that every coin that has a low market cap can rise 50 to 100x is sheer stupidity

#2) you will most likely spread yourself too thin, if you invest 10k usd and spread it accross 7 to 10 different coins your profit margins won't be as high

#3) it will prevent you from making short to medium term trades that can substantially increase your capital

There's a reason why those who know the market well suggest put 50% of your investments in bitcoin and then in two or three alts.
Just putting it all into alts in hope that you find the "next big thing" is gambling rather than investment.
It is easy to look at those who got rich off of a coin and think, "I can do it too" but if you don't take the steps to become an active investor, most likely you will best case scenario, make a couple hundred, or worst case, lose it all.

Altcoins can be very rewarding, if you choose the right one; but also betting on an "en plein" on the roulette is very rewarding...
Actually, it's better to focus on just some of them after a careful analysis.
To pulverize the investment in too many directions is probably a mistake.

While it is always good to diversify your investment between many coins, it is always a bit risky to invest all your money in the small or shitcoins. The majority of this coins are worthless, and haven't real values, so it is better to invest instead in the most promising coins.

I am curently doing this with around 50% gains PER DAY. For example, yesterday I traded in my Raiblocks for TRON (https://cryptocolumn.com/tron-coin-review/) and caught the jump. It really matters what potential the coin has, the technical analysis, and any upcoming news. I jump around a lot every day from day trading coins.

That is true that you can do that but I would strongly advise against going all in on altcoins unless you are a professional. The reason for this is the swings will be astronomical and while some days it will be nice some days it will hurt. It will anchor you a lot to have some holding in BTC and it will minimize those nasty swings.

It is great to invest in altcoins, but I definitely do not recommend you to invest your ENTIRE portfolio into them. Bitcoin will continue to rise and it is good to keep it.

I think you would do better to split your portfolio between Altcoins and Bitcoin rather that go all in to the altcoin camp. For one thing you will get the Fork coins from Bitcoin which increase the value of your portfolio without even trying.

Well technically ethereum is still an altcoin so if you invest in ethereum it is still a safe investment. If you are talking about trying to catch the pumps of smaller altcoins, it is too risky in my opinion and may not lead to earnings all the time. Depends on how much risk you are willing to take, but it's not my cup of tea.

I am in crypto for about six months now and didn't have much money to invest in it. So my portfolio does look like that. My btc holding is less than 10% and it will be 0% soon (just waiting for the ICO to start for one of the project I am following.).

I keep my BTC in wallet, have been letting it sit doing nothing but increases in value for quite a long time.
After receiving my BCH fork, I started trading altcoins and I have nearly doubled my invested BCH (in a different altcoin).
I guess there is a benefit letting BTC sit in wallet as well.

It's always good to have some ETH and BTC

 It is feasible for you. Because if investment in the mainstream coins growth space is not that big. It is worth the altcoins to invest in small future potential.

It depends on the coin. Do not just based on the marketcap. There are lots of shitcoins now. Do some studies abount the coin first to know if it will be feasible in the long run. Research their whitepaper, roadmap and even the background of their developers. Find something unique on a coin. Something it offers that is new to the market.

Yes, although I did the same thing, I invested most of my money in altcoin, but please note that altcoin is also likely to be 0.

At the moment i's a great time to be investing in undervalued altcoins as the coinmarketcap for alts is going to explode in 2018 as even banks and governments are getting in on the act and as more countries try to regulate this market,  which for me is a good thing because it means they take this market seriously, we will see bigger institutions pouring in humongous amounts of fiat into digital and progressive technologies, especially AI and Blockchain tech. Now is the time to be bold and be a pioneer in this field as investors.

the main rule in the cryptoworld is "spend only what you can afford to lose"

altcoins have more potential than bitcoin and ethereum if you come at hidden gems!