Bitcoin Forum

At the risk of going against what most Crypto investors suggest, I've decided to keep the majority of my portfolio consisting of projects from the top 20 Alts (apart from BSV and BCH which are shitcoins) working on the assumption that many of them are down by a far greater percentage in the last few years than bitcoin which has actually gone up :)

I'm well aware its a gamble but I'm prepared to run the risk of either making insanely large profits or losing my $2K investment especially after watching the markets the last few days, Alt prices have gone up and down faster than a hookers knickers  ;D

Your thoughts peeps? am I stupid, brave, a pathological gambler or a combination of the the three?

I would hold at least a portion of my portfolio in BTC.

I do think that alts are going to overall outperform BTC for this upcoming bull market, because of how much they have went down relative to their intrinsic value over the span of the bear market and even during the 2019 recovery.

Alts generally make the greatest returns when BTC prices are stable, though, as investors seek another place to make short term profits. This is why I recommend holding at least some significant portion of BTC to construct your portfolio - you want a nice mix between stability and growth.

My though is that you've got a really nice username. Kidding!

I don't know if "most crypto investors" that you are referring to is really most crypto investors. I think most crypto investors would advice you to do what you are doing right now. Who are those most crypto investors you are referring to? What you have done is the right thing. The top 20 altcoins are the best choices save for the couple of altcoins that you have already mentioned. I would say you are brave. Just HODL them strong.

You are not included on those three. So many people have made their pre-assumption about the trend that always happen in the market but im with you in this case as im also betting on another coin and bitcoin is not only my portfolios. I have also invested or try to bet on the altcoin and i have tried that on top 100 CMC and it's not even included on top 20 CMC and im still holding this one and i have been making 3x return. it's not so bad as the trend in crypto is not static and that is always changing anytime.

Not instead but with Bitcoin. Do not go all in on altcoins as you should not also go all in on Bitcoin. This is the best option for me. This is diversification, not putting all your eggs in one basket. Whatever happens to either of the baskets, there is still the other.

Diversification is used when you don't know what you have invested. Instead if diversification, you can maximize the profit by invested more in coin which you think is interesting and promising. Why we need to diversify our money to many altcoins with low amount instead focusing in few altcoin but with higher investment?

Such a big good luck for you then. Accept that many will say that it's such a bad idea to abandon bitcoin and turn into to full altcoins portfolio but who are we to decide if it's your holdings? you can easily turn again back to bitcoin if you feel uncomfortable with that style.
I've seen people that did that when they've decided to go all in with alts and suddenly sold most of it to get back bitcoins.

sometimes when recovery on altcoin usually the price grows faster than bitcoin maybe because of the price factor that is still fairly cheap, I also maintain the old altcoin in my portfolio, but not both shitcoin is bsv and bch I hate it anything that conflicts with bitcoin, if you are ready bearing the risk is the attitude of a great trader even I also consciously realize there are risks in trading so it is normal in my opinion, all traders have the right to choose cutlose or maintain altcoin held, sometimes they when rising faster than bitcoin otherwise when prices fall faster also from bitcoin, but your decision is quite good. what you do I do it too, so it's not wrong to maintain that, not all traders have this attitude

Diversification is the best option in terms of crypto, stocks, and other investments. It is not an option for those who are ignorant on what they are getting into. Diversification is encouraged by I would say all veteran investors. I am quite surprised when you claim diversification is only used when you don't know what you are investing into.

Investing on a single coin, stock, currency, or anything which you think is interesting and promising does not make things better. That is risking everything in a single shot.

You are not a fool with such investment way, in fact you are very smart and know how to manage your portfolio. I have nothing to complain about your investment but it is a dangerous option in this market. You may be rich in 2020 if the altcoin market is pumped, but you can also be stuck and lose a lot if this year only BTC price increases and the whole altcoin continues to go down. It's like a betting game, and you've got your hands on it. Hope you achieve your goals this year

It's a combo what you are :D You know the risks, you know the rewards and you can lose the capital without going crazy in real life so why not try it? If something goes wrong in the markets, it will be just an annoyance for you IRL and as you said you can make great money on it. I'm only afraid trading is not as binary as to go up/down. Diversification is great, but I think that some of the top20 coins were simply a hype and will only fall out of the tops in the upcomings months. For sure you might wanna use some tool to rebalance your portfolio.

As my personal experience do not go with anyone advice in crypto market because it won't work all-time, than you have blame them if anything went wrong and they will not going fulfilled your loss. So better to understand the crypto market than do some research about which altcoins can give good returns for your investment. And don't sell them until reaching your target if it is in downfall also.

It's 50-50 since we know the risk is big and if the timing and luck are on your side possible you will earn huge profit from it but if the bad luck came then you lose, and you should remember that do not put all your capital in 1 option only and always select multiple option so that you can recover the loss if there's one alt fallen on your side.

wow, I really respect and feel amazed at your courage because you have dared to take decisions that have a lot of risk in them. it's true, if you are lucky, then you will get more profit from the altcoin portfolio that you have today than just holding bitcoin, but the opposite will apply if the altcoin portfolio that you hold at the moment doesn't get a pump but just becomes rubbish. The decision is yours, but my advice, think wisely when making decisions and good luck.

You are a risk taker and want to make a big profit from this market. And this is definitely the way investment meets your needs, we all know that the more risk there is, the greater the profit. But to be honest, the current market is too bad and it will not be possible for us to make a profit when investing in altcoins. Most of the people in this market have been through it during 2017-2018, now they only invest carefully because they have lost so much by investing just like you.

if you are consistent with the consequences, it means you are in the category of a brave person, but if you regret it now, you are a loser.

This is a very risky idea and you need to have spent more time in research which altcoin has the potential to pick. I dont believed in the line says, the more your risk the greater profit you will earn. For me, that is a wrong perception because you need first to know better the altcoin you are going to pick before holding in your portfolio.

Just kinda give a headache if you were just because of a wrong decision. Why not you just give prior to bitcoin and give a big percentage of the amount that you are holding. Remember those possible consequences may occur.

The good thing is you already know what you're doing. The risk of investing in alts is bigger, but the reward of course is also bigger. As long as you acknowledge that, no problem as you've said you're prepared for the risk.

I was skeptical for alts for most of the time but after looking how alts are performing in January, wow I have to say I'll regret if I don't have any exposure on alts. I mean look at how ETC, ETH, LTC moves. When these guys moves up, the percentage are always bigger than Bitcoin and that's not something that I can miss.

You did not tell us if you carefully studied those projects and chose them because of their merits. Because if you did, I say that you took a calculated risk which is both brave and wise. Otherwise, if you just randomly chose from the top 20, then that is stupid and a gamble.

I don't have any fork coins in my Portfolio now. I do have some alt but I prefer to still go in BTC. As we know that some alts were arises also when BTC increases. As many altcoins already shut down or no improvement its really risky to invest with them. Like what Waves happened that still no big developments or news to atleast hype their project. So we need to be careful in investing long term.

you should have put atleast 30% of your Folio for Bitcoin and that is the perfect diversification ,because Bitcoin must pump first before you gain from altcoins so better you have it on your holdings aside from sets of alt.
anyway it is your money Goodluck for that.

Before you want to invest in altcoin, you need to own some BTC to make your portfolio perfectly balanced. And don't try to invest too much altcoin because you have a hard time managing it. $ 2000 is a great amount of money to invest in this market, you should spend 1000 $ to buy Bitcoin and the rest to buy the altcoins you value as well and at the bottom to hold

Im not saying youre a gambler yet you do know the risk on acquiring or doing such step.You are ready to lose up that $2k investment of yours.
Diversifying is good but partitioning it into many parts will really just make you confuse.I would rather have 60% on BTC and 40% on alts
maybe 2-3 of them and its not necessarily for you to put each one of them.It do divides the risk but also divide out the potential profits you
can possibly make.

$2K is standard amount to start with. Alts are much volatile and short lived usually. Due to higher price fluctuation, your probability of making profit/loss will be higher. And most of them are short lived too. If you are unfortunate and fail to enter/exit in time, you will lose your 2k. Top 10 alts are a bit different from others though.
I would split my investment into btc and alts. or would invest all of money into btc. It is your money after all, and you know the pros and cons, so you should do whatever you think Right to do

From crypto historical data it's now getting evident that alt coins prices are very tightly coupled with BTC. Alt coins cant go up if BTC is down and vice versa. Going for alt coin is not a great idea, since BTC is the king of market. I suggest 60% must be bitcoin.

Once the market moves again, alts will greatly outperform BTC, no question about it.
I hold a small portion of BLOCK, and it's been rising pretty nicely the past week (+70%), and seems to continue, a few other alts of mine has done pretty neat as well.

Overall, it's all about your timing on these alts, and what you choose to invest in. Blocknet moved a lot because they work on Decentralized Oracles, and got a first mover advantage on DEX developments, which is why investors is buying in now to get their node I guess. (5k coins required). Node owners profit from the oracle services + trading fees on the DEX + block rewards, so it's no wonder this project is on a lot of peoples radar.

Overall, your position in the top 20 alts is not a bad move either, and I'm sure you'll do good :)

Alts definitely have far greater profit chances, that is never been a lie and has always been true, yet the fact stands that there is a bigger chance of losing as well, which is why people have been worried to go into altcoin market. Don't get me wrong it all depends on which altcoins we are talking about, there has been so many scam and shady coins that people are only trusting the top ones, that is why what I am saying here doesn't go beyond top 50 at all but for those in top 50, people know that they can make a great profit from buying it, but they could lose a lot from it as well, which is why they usually refrain from going all-in unlike when they do for bitcoin.

Bitcoin is a more stable (funny, only thing bitcoin could be stable compared to is altcoins, for stocks and commodities bitcoin is volatile like hell) and sure thing to invest into and that is why they usually make their investments depending on what they expect.

It is all up to you OP if you feel you like to gamble because you believe that those top 20 coins will give you the profit that you wish to make in the future then why not. But if you were here already before you will know that most of the common investment is Bitcoin than choosing alts as their main investment. You must know how seldom it is to see the alt season grow together with Bitcoin because most of the time Bitcoin is the only one that could affect almost the entire market.

Well definitely
Alts price are price in satoshi, satoshi is the unit of Bitcoin

If the whole market were to move, Alts exposure are definitely more because it is not directly pegged to USD but 2 layer

Thanks for everybody's input, It's been interesting reading everyone's opinions  :)

I figure that due to the fact that all Alt's have a far lower market cap than Bitcoin it will take a far smaller amount of newly invested money to drive prices up by a far higher percentage.

All coins in my portfolio are in the green today so I'm hopeful I made the right choice  :)

 

well right now most of the altcoins are in bottom
i had that feeling about dash, zec and etc and that proved to be right
i believe that other altcoins will follow
so greater loss with altcoins is less likely
BTC is more volatile now

Investing in alts is really risky. It's really a risk versus reward thing. You can invest in Bitcoin and for the most part you'll be safe as long as you hold long enough. But, you may only make on average 50% a year or something. Which, is still a lot better than anything else you'll invest in by the way. Or, you can invest in alts and have the opportunity to earn big money. The problem is, that altcoin you invested in may be completely worthless in a year or two.

When you are a trader and Mcap doesn't matter a lot. Altcoin becomes the secondary choice caused by what you have already mentioned if even small traders can join in the market to make profit.
Again, a small marketcap doesn't always if that will give you bad result and we are altcoin holders just always to make sure we have picked the right coin.
I hope we will see another big waves for altcoin very soon.  8)

I agree for safety play we should save at least 30%-50% of bitcoin in our portofolio. But then it's always back to the owners, higher risk higher returns and when we really sure about the coin's potential, we could go all in to the coin but it's still with high risk even you're really sure. So the choice is from the owner itself

good thing is you have divided your investments and to many coins so even if 10 coins make loss other 10 coins will bring you good profits , keep watching improvements in the project and feed the good coins and starve the bad coins

Then, this will seems to be good? I don't think that it gives us profit but it all just a waste of time.
We don't need to be blinded enough to see Bitcoin's profitability. There is no question of how it works and considering altcoins for another investment aside from Bitcoin, its gonna be suicidal (IMO).

It is a fact that there is a greater returns to Altcoins that is why people who are not yet satisfied with Bitcoin's profit go for Altcoins. But we all know also that there is a greater risks on investing on Altcoins because your money have the tendency to be totally gone when you chose shitcoins. Be careful on choosing Altcoins. I think we go for the top 5 or 10 Altcoins.

yes, with limited capital or a small amount, of course, the benefits to be gained from altcoin can be greater than bitcoin. but it all depends on the asset chosen. bitcoin is still a good long term investment than altcoin. because of altcoin, I think it would be better for a daily trade or a short-term investment.

I wouldn't say people stupid as long they already know the risk. Maybe you are brave, because want to speculate in altcoin although already know if altcoins have possibility to dumped again (actually bitcoin too, but maybe not much like altcoins) and i hope you can get your profit with it.

I always love alts, but what is the hardest thing for me is when I have a certain alt that I think is going to do good.
It's to hard for me to sell, with the fear of missing out if it ever goes up.
I have done it many times now and never seem to learn, where sometimes it would be worth a lot and I couldve sold it and actually buy a top 10 alt that's actually good, instead of some useless allt.
So my advice will be really invest in the alts that are already established and are going no where, they are here to stay and have a solid foundation and clear goals.

I also think quite often lately that Altcoins prices have fallen much more than Bitcoin price, so they should have more potential for price increases.
However, the increasing dominance of Bitcoin on the market tells me that this is not the time for Altcoins. If I had to decide how to call an investment in alts now, then at this point I would call it gambling.

It seems to hard for altcoins to recover quickly, they are dump so much that they couldn't make it for a short period of time. I believe that 2020 is another potential year for altcoins but can't deny also that 6months may not enough for the market recovery. And so, we don't need to expect a lot this year...may Bitcoin price have its strike but may not for altcoins (even ETH).

This is the logic that increased ethereum to 1500 dollars, why? Because when a coin is at only 1-2 dollars or even less, people think that increasing just to 1 dollars would make the price go up so much that you will become rich. They end up getting 1 million of a certain coin because it is practically free and they hope that their altcoin would go up so much to 1 dollar that their 350 dollar investment would eventually worth 1 million dollars and all of their financial troubles would be gone.

The real world doesn't work like that, if there is an altcoin that worths less than 100 satoshi, there is a reason why it worths so little. Maybe few coins did that like XRP or similar but that doesn't mean there will be plenty of coins that will do the same thing.

while you are aware of the risk you are taking in my opinion is not a problem because we are investing to get profits or minimize losses received.
the higher the risk taken the greater the opportunity for profit, that's the choice when entering the crypto market.

It is better to go all in with bitcoin than altcoin, although that is not recommended too. At least, you need to have fiat to buy more bitcoin if somehow, the bitcoin price is down deeper. I would use bitcoin as the investment, and I don't use too many altcoins if I were you because it will difficult to select the profitable altcoin that can increase although you can use the top 20 list as the investment. But I hope you already calculate the risk that can happen in the future, and you can diversify your portfolio to many altcoins.

There's no harm in investing with altcoins instead of Bitcoin if you're more comfortable with that but as for me, there's a greater assurance of gaining a good profit in Bitcoin. there are still potential altcoins that are worth investing with like Eth and Xrp but investing in new altcoins would bring us a big risk of losing our funds. As long as we know how to deal with every market situation, investing with good coins will always be worth it.

Though altcoins are not showing improvement somehow the current state is a good timing to invest since majority of alts are declining.

Its always good to diversify your investment so if the other didnt turn out well you have another to turn on to. This year bitcoin is quite popular due to halving so some of us chose btc over alts.

The higher the risk the higher the profit but i'm not ready to go for that, i'm better off with bitcoin investment than playing risky games with altcoins unless they are top altcoins only

I've only invested in top Alts, ETH,BNB,EOS,TRX and ADA at the moment as I think they all have the potential to bring decent returns in the mid term :)

good if you are aware of these risks, I'm sure you can manage risk, here I will give advice, buy Altcoin, don't be haphazard, you can get stuck for a long time and if the fundamentals of the project are weak, to predict the future is very difficult, there are several projects what you should see before investing are Waves, BTT, Ferrum, Ethereum, and ATOM, maybe this is partly, there are still many more

You are right because going by what majority traders say, majority have accrued drastic profits just for holding or trading altcoins. Profits that trading btc or holding would not have given them. Just like you said, holding or trading these altcoins is a big risk. But one have to be prepared to take it. Even btc is risk on it's own.

The risk is that we don't know for sure if the bear market is over. At this point, we could definitely find a few altcoins that fell to the bottom and have great potential for growth. However, if the bear market lasts a few more months, it may turn out that Altcoin, which now has very good possibility to growth, will be dead in a few months.

I personally think that is one of a smart move you got there. No all people are like you nowadays. I have a few other altcoins as well in my portfolio. And just a bit of btc in there. Well, the price of bitcoin keeps going down, so, I'm holding most of my assets, because most of the others are following bitcoin's.

As long as you already know the risk and you don't go beyond your limit on your investment, you should be fine, even if there's a chance of losses.

Sometimes there's lapses if we just go on what is suggested since we should make sure that the crypto pointed out is great and have potential, and we should look the time of prediction and suggestion since the manipulation movement is fast and might we will end up left behind when the pump and dump scheme quickly happens.

I would say it's good to invest in alt coins provided bitcoin still make major portion of your portfolio. Choose alt coins wisely as many go for altcoins that are cheap and bear heavy loses. Alt coins like eth , Ltc are good for investment.

I fully agree. There is a chance that if Ethereum hardfork succeeds, the ETH price will start rising, but the other Altcoins have a much more difficult situation. If the bear market lasts a few months longer, I'm sure that even Altcoins from top 200 will have a problem of recover losses, and those from further positions will never rise again.

Well its a good choice but did you conduct a research before investing in these coins? Having your own understanding in each coin is important to have an idea on how these coins will perform in the coming days. The good thing about well established coins are you dont have to worry that it will lose value or be delisted in exchanges since it has a purpose and use cases unlike new coins that popping nowadays.

If i have brave maybe i will do something like you, because i think altcoin can give more returns if pumped than bitcoin and it also have bigger risk too. Maybe as long you really know what coin you invested, make research about it and confident you will be ok.

all investments depend on assets and moments. even though we have the best assets at the moment but if we are not at the best market moment then we will wait for a long time to be able to return our money or make a profit. even many beginners in the crypto market immediately panic when their assets decline.

You can only trust a few alts in the market that have the potential to rally and the forks of bitcoin might rally as they are also halving along with bitcoin and we can expect a good rally in bitcoin and that can be the case with the bitcoin forks too, we have not seen how those will have an impact in the market yet as this will be first time we are witnessing that after the fork debates and lets all see how those coins will perform.

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@OP Investing in a low valuation coin is always profitable but you need to find the perfect coin that can rally when the market goes higher.

If you are ready for such risk i think you should look into new altcoins, they are far cheaper than top altcoins, the only top altcoins that are still cheap now is Tron and Chainlink, look at new projects from binance like origin protocol or celer network, all the best

I do have some altcoins but It doesn't include fork coins of bitcoin. Risking is one way to show how brave and your courage can be test. Likewise, I can also bought a lot of alts but Im being safe and only buy top 10 coins from the market with have a pretty good marketcap such as binance, and ether. Of course my biggest portfolio is btc. I dont want to wager lower than those coins since it is very risky and I'm not a full blown soldier but a moderate to average risk taker.

I did indeed do my research on the coins I invested in :)

The criteria I looked at were total supply, market cap, trading volume, roadmap and past and future development as well as any potential drama such as the problems plaguing BSV and craig wright.

I never have and never will invested in any of the BTC hard forks.

I also looked at price movement in the last 12 months and by how much of a percentage the various Alts had gone up or down.

For example, Ada, EOS and tron have slowly gone up in the last 3 months whereas ETH and BNB have gone down by a small amount.

Right or wrong it's a gamble.  You inherently are stating yourself you believe more in bitcoin but just think these will go up a lot quicker than bitcoin will based on the amount of losses they took.  That's a gamble, stupid nah people gamble on sports and everything else all the time this is no different.  Good luck to you.

With just a cent move of a price, you can either lose or win a big profit from an altcoin, having millions TRX in your account and the price just went 0.03$, you already doubled your money but needs the waiting. That's a good option but still with BTC you can have the assurance that you can make money with the ups and downs.

well you are right.. why?
because many altcouns are at very low lvl in BTC pair
means you can double and triple your BTC easily
and if you want even make x10
i invest in altcoins and selling every time i double the worth of BTC then moving to the next altcoin or buying back the same altcoin when it goes down again

That sounds real simple but in reality most people go broke with this strategy.  It's easy in a bull market like 2017 but those same people probably went belly up in 2018 or 19.  Investing in alts is always a gamble meaning the bottom can always fall out and you could lose it all just like with any other gamble. 

well no one can conclude what you are doing now because we will see the results later, but yes it is a bit risky if putting all your investment in ALT would be better if you put 50-60% in BTC the rest in ALT. anyway goodluck for your investment.

Many people are splitting their investment into more than 10 cryptocurrency because they are never sure with one coin analysis, crypto price could always suprice us even with a great analysis and good news a coin could be dropped because dumped by whales. So if we want to survive in cryptocurrency, never putting so much expectation in one or 2 coins only

It's better to diversify your funds than investing it in two or three altcoins. Invest more on bitcoin and choose the best altcoins you think that would give you the profit you wished you could get during the bull run. Don't trust too much on altcoins because most of them are just following the trend of bitcoin. So always stay in bitcoin no matter what.

Indeed, most altcoins are like shadows of bitcoin's price movement so i am a little bit against the OP's decision to choose altcoins rather than bitcoin to be in his portfolio. Making your money go to multiple cryptocurrency can help you maximize your profit and minimize your loss so i agree that you put large percentage of your total asset in bitcoin maybe 40%-60% range and then choose good looking altcoins like ETH and XRP and others to complete your portfolio.

I would say you are that brave enough because at first, you have already know the risks it would take on investing all of your money into pure Altcoins only. Although that was experimental I think on your part, still you risk money that supposedly have the potential to grow when you part it on investing and holding into Bitcoin as well. We all know that any kind of cryptocurrency have their own potentials that are being unlocked in no time since we are in a virtual market wherein currencies move in volatility so we can never tell when and how it will happen. But if your point of view that making investment purely with Altcoins suit preference and style as well as strategy on doing investment, it will be always your choice since it was your money. But if I were you, I will still go into Bitcoin by having Altcoins as well since both are beneficial and always have a potential to grow making benefits.

I won't dare go invest everything alts. Its better to have 50% on btc, some ETH and then invest the rest on altcoins. Majority of alts dies. Its risky to go 100%.

I think you are just a normal peep who wanted to make macimum profit from your Crypto. I guess we really need to learn how to take and manage the risk in investing our money in Crypto. What we need to do is to enhance our skills on trading so that we will have an alternative way of producing more profit while waiting.

To be honest, you are among those who are very brave by investing in the top 20 altcoins. Because in my opinion it's still too early to
investing in altcoins now, the risk to be faced is still too great. It would be safer if investing in bitcoin, but that is the path you are taking.
You must be prepared with whatever risks will occur, there is still a possibility of altcoins experiencing bullish. So now it is still not visible
where the development of market prices will go, which can suddenly go up or down.

you pretty much nailed it on the head :)

I'm not interested in taking small profits, I'd rather take the risk of huge profits or losses but that's just me :)

I think it is not about not sure, but about strategy. if we arent sure with what we do, then it is better to not do
only investing in what you understand is the thing which we should realize.
diversify is one of investing strategy, it aims to reduce the investing risk. many people have done that

why would you invest in altcoins if you know that there is no hope for some of those altcoins even they are in the top 30?its better to invest in bitcoin or maybe half of it to those altcoins in the top10

That is what people should do to choose the best of investment because bitcoin will increase to a higher price, and that will give us a big profit. If people cannot analyze the market and he feel difficult to find the altcoin, he doesn't have to try to buy any altcoin and only select bitcoin for the investment. But if he selects bitcoin, he needs to wait for a long time to see the price will increase so high, and he also needs to manage his emotion because the bitcoin price will be volatile.

actually you are not stupid because putting money on lots of altcoin but this is too dangerous, maybe you can have a lot of money if altcoin also pumps in 2020 but if altcoin only has prices like now or more down then you will regret it. if I were you I would still choose bitcoin as the largest portfolio

Actually if a person has no purpose of his money, it's his freedom to take full responsibility of the money he owned. What I analyze with alts investments when bearish market is dominating aggressively, losses is always taking the lead and won't give you such profit compared with bitcoin as an asset.

I don't actually trust too much on XRP but there are better alts than Ripple anyway. Ethereum is quite good for a first altcoin in your blockfolio then choose the other altcoins that would really give the best profit just like in the past when there's a bull market.

you a combination of the three and you are not stupid because that is your decision. I guess it's fine if you do that, investing in bitcoin and altcoin. many people also do that, but in choosing altcoin they usually have thought carefully and do research so as not to suffer a lot of losses. in other words, don't randomly invest in altcoin.

Well taking about alts, I see ETC as still a good entry, cause if will be implemented on the sharding ETH becoming 2.0, there will be a new ATH for ETC for sure

Over 90 percent of Altcoins are scam or useless. anyone else who tells you differently is a fool. Maybe some of them actually have good intentions and one day if some of them prove to be legit, but until then.This is a game in which the goal is to accumulate as many Bitcoin as possible. You're allowed to use fiat directly but you can also buy altcoins, pump them and sell them for Bitcoin before the 3rd Halvening. I am sure, in the end, only Bitcoin will be valuable.

i am bitcoin bully,but i don't wanna spoil a chance to profit good in market when altcoin has a chance as well.

for now i am looking at Ethereum 2.0 to give altcoin enough signal to move up ,together with the growth of market from Bitcoin Halving.

i may suggest diversifying our investment and just leave 50% for bitcoin and the rest is for altcoins

Investing alts is not always profitable and if you are planning to hold for a longer time then it is never a good idea. Holding more than 80% of your portfolio in Bitcoin is always preferred. Alts may give you a higher profit but dont forget that it can go down anytime and you will never get back your investment.

Investing in top altcoin is a good tactics. Assuming you've much of altcoin token in your portfolio, like about 30,000 tokens. And the bull run starts. It happens that each of the altcoin goes above 80x as the profit. What exactly will be your stories.
It's not about investing mostly on bitcoin, but at times you gat to channel your investment to top altcoin

If the main goal of your investing is to have a secured income for a future, you better go to bitcoin since it is a long term investment unlike altcoins that increases its price for a short period of time. Also, the altcoin price is having a hard time to recover when the price of it goes down unlike bitcoin since it has a help coming from its trusted investors. So I would suggest that go to bitcoin or split your investment into bitcoin and altcoin.

your decision is good and brave, I myself also hold altcoin top coinmarketcap which has cheap prices such as, xrp, bat, eos, xlm because altcoin top coinmarketcap will not die unlike shitcoin which every day trading volume decreases and finally shitcoin die

You and I are on the same page :)   I too only invested in top Alts from the top 13 at CMC with real use cases such as ETH,BNB,TRX,EOS and ADA.

Possibly all 3, but aren't we all. Most likely outcome will be that you don't lose much in dollars but you lose a lot against btc value unless there will be insane alt season from out of the blue. But i think that's still far away so there might be a pump but that might as well be a lot less in btc pair.

I'm still invest in bitcoin but of course we can see that some altcoin that have a great value that will good to invest. It depends also in the situation of the crypto market. Also we know that all is most focusing in bitcoin price than to alts so some investors still choosing bitcoin to invest.

You are BRAVE, based on the trends in the last 5 years, investing in altcoins is more profitable than investing in bitcoin.
True that you are talking a higher risk than investing with bitcoin, but the amount of profit would be enormous if every you succeed, the good thing is you can afford to lsoe your $2000 and you let go of it.

choosing the top 20 in the market is a wise choice IMO, you are clever enough because when times that market turns into bullish, those major altcoins will always lead the way.

some facts.

https://qz.com/1169000/ripple-was-the-best-performing-cryptocurrency-of-2017-beating-bitcoin/

https://imgbbb.com/images/2020/01/26/gainer.png

20 altcoin is too much, and we don't know whether the percentage will be even or not. more filtering among the 20 altcoins and holding back better, that's only advice, you can take it, and you can skip it. so far, I've only held bitcoin and ethereum. I focused on the two coins because I think this year, an increase in the price of altcoin will make these two coins rise. however, I think you need to include BCH and BCH SV in your portfolio. This month the two coins that you consider junk have a greater percentage than the other coins, even bitcoin.

No, but as people start to cash in their profits from holding Bitcoins, they'll start to look at other places to make a little bit of profit from. Most of them will invest in other top coins and that will help the price of altcoins out tremendously. I think as we get over $10,000, we'll start seeing people cashing out their profits from holding Bitcoin for the last while and buying into other coins to try and match that profit.

altcoin has greater risk and reward. I think as long as we have strategy to do with alt, it is not wrong
We must know what we are doing in investing. Bcz we can evaluate if there is mistake happened
Actually, no matter the price up or down. Bcz in crypto can take long and short position. The matter is how we predict the price well and using money management

High volatility of the markets opens doors for a lot of investors to make quick profits from the ups and downs. There are chances to lose those amount we invested but if we can afford to make huge research about the coin we are investing into than we would never face any loss.

You should have the ability to understand the technical analysis and also to dig some background research about the coin to find out their product, actual demand for their product, accumulation of big whales, etc. Also as you mentioned, we can surely have profits from the bear markets too and thanks to leverage trading but never assume leverage trading as the easiest trading. There are huge risks hidden in leverage trading too.

Aren't we all taking a bit of a risk here? Wasn't bitcoin essentially build around people who took risks as well? I am not saying you should do it, if you feel you would be doing something too risky maybe this is not for you however what people are doing is not weird, it is what bitcoin was build upon.

When Satoshi Nakomoto first created bitcoin, only a handful of people knew about it, with time it got wider audience and even started to worth some money and one day it went to 3 dollars per bitcoin, people were really shocked but wanted a taste of it, nowadays that bitcoin worths close to 9 thousand and was once 20 thousand dollars each. Top 20 is not the bad horrible coins, sure there are some like bch and bsv or even xrp if you ask me that are scammy and shady but the legit ones are actually trustworthy coins that worths the risks.

Temtum has gone 3x since it’s launch on coinall nearly a year ago, with the price steady and rising it might be one of the less risky alts out there but certainly has room to grow - much like bitcoin did in the early days

You are on the safer side since you invest in top 20 altcoins but still why exclude bitcoin? Taking out profits from time to time can make you double your bitcoin in no time, just look how bitcoin is pumping between 9k and 8k, buying low and selling high will bring better profit in short time

I think investing in bitcoin can provide benefits in the future because because of the growing growth of the year it will make the price very expensive because it will be increasingly difficult to get bitcoin so the price of bitcoin will be more expensive, so I think you should be able to take advantage of the bitcoin price movements to be able to get many advantages in bitcoin.

I think Bitcoin was a huge huge risk that's for sure but it was also built by people who understood the true risk of fiat and probably even got burnt by fiat and wanted a way to control their own money. They knew they would be successful in that, they didn't know if their circle of money would also be accepted by others. Alts yes, the same risk, but very different motivations.

You might actually find yourself in profits if you are having intentions to hold coins for long term. There are few coins which are on few satoshi at the current market but they might show you huge growth in the coming markets. Also choosing top 20 coins to diversify your investment is a good concept to keep yourself away from the scam coins which could easily be manipulated by the big whales.

Moreover, as you mentioned BSV and BCH as shitcoins, I would suggest you to consider their graphs once. Even those coins(shitcoins according to you) have made an immense growth and they might even be beneficial from the top 5 coins from the coinmarketcap. You can actually follow the trend by adding some of your own research and I am sure you would soon see your $2000 growing.

holding 20 types of a top altcoin is pretty good, it's just that it's difficult to control. even more so if each coin has a small asset value. however, I would rather focus on a few altcoins than 20 types, or you can focus on ethereum. however, at this time the development of altcoin which is approaching bitcoin is ethereum. so, maybe it's better to have several altcoins with fantastic asset values than to have lots of altcoins but their value is small.

Or another thing you could do that will possibly work out pretty well is just hold Bitcoin until you make a pretty decent profit, then trade the Bitcoin for whatever altcoins you want to hold. I think as more people start cashing in their profits from holding Bitcoin for this last little while, we should start seeing more of them investing in altcoins and the price of those should start going up. I don't have any charts to back it up, it's just a theory I have. Seems logical to me that people will start looking for other investment opportunities whenever they cash out their Bitcoin profits.

Any cryptocurrency is a "risk", BTC included. I believe use case, and tech is the most important thing to look after when deciding which project you want to throw your money at.
There are so many useless, vaporware projects out there that shouldn't have any value, yet does.

Been eyeing Blocknet for a while, and believe it's one of the hidden gems out there, due to their DEX platform. As a node owner (Requiring 5000 BLOCK), you'll be able to profit from DEX trading fees through your node. Once DEX's becomes the industry standard, you'll be able to make a boatload of money off fees, including their decentralized oracle network (Read up on the XRouter, and XBridge tech for more info on that).

All this combined provides 3 income streams as a node owner:

Block Rewards
DEX Fees
Oracle Fees

Honestly, it doesn't matter what you invest into in this life, most of the time its only the life that will show how much you were right and how much you were wrong. It could be bitcoin, it could be altcoins, it could be stocks, it could be gold or it could be doing your own business and putting capital into it, doesn't matter what it is, in the end if you are right or wrong will only be told by time.

Most of the time if you invest into something that has been successful so far, you will see your profit back and then some, it may take some time, just after you bought it it may fall and make you lose unrealized money but if you wait just enough you will make a profit, sometimes rarely they just fail after years of being good.

Bitcoin has been successful so far, if you invest into it, no matter if it falls right afterwards, you will eventually profit, even people who bought at 20k one day will profit, altcoins however you have to pick very careful or you will not really reach that level.

Can't wait to see Tem go to the moon!
Rumors on telegram of a national currency in their plans!

A gambler and also a risk-taker.If you do really aim on making profits then you do need to risk and i do completely say a gamble if you do put up your money in various low ranking coins
but since you do talks or mentioned about top 20 then i say that you had done a considerable step.Its a matter of risk and yes, the rate of increase and decrease would be much painful or
rewarding since alt prices are still low.It do only have 2 outcomes either rise or down and the fact im more happy to hear that BCH and BSV are shitcoins. lol

Great to see the TEM/BTC pairing has more volume than the Ripple (XRP), Hashgraph (HBAR), Tron (TRX), ZCASH (ZEC) BTC pairings - and its only been listed just over a week !

There is a fine line between being a gambler and risking stuff and being an idiot. If you keep all your money on fiat or btc, you will do not bad, but you will not do INSANELY good neither, there will not be any 10x going on at all on your portfolio.

If you buy the 754th biggest coin which will definitely be a shit coin, you will have a chance to make 10x but at the same time have the same chance to go bankrupt as well, which is a very risky in between zone.

But, if you make a portfolio of the top 20, that means they are both good, but also have a chance to go up as well, that is why its both a decent level of risk but decent level of potential reward as well, I agree that buying the top 20 with exception of some bad ones in there would be the best idea.

If such investments are made only with the aim of increasing the volatility and the speed rate of getting profit/loss, then I think there is a simpler option: use margin trading on bitcoin. This is a more understandable and less manipulated asset than most altcoins, so this option is very attractive. Most exchanges provide this opportunity (margin trading) now.

Great to see adoption happening on TemTum’s blockchain

Currently an average of 30,000 non exchange transactions per day and increasing - it took bitcoin over three years to hit the same milestone

The future looks promising as more and more companies and national state test out temtums blockchain

source for Bitcoin stat - https://www.blockchain.com/charts/n-transactions?timespan=all

My portfolio consists of Bitcoin + what I'm willing to lose on shit coins. I mean if one of them goes 1,000x, that's the dream.

Just an update on my portfolio, I sold my bitcoin holdings a few days ago and went 100% all in on Alts specifically Eth,BNB,ADA,NEO,EOS,TRX and BTT.

So far in the last few days my portfolio is up by a far greater percentage than if I'd just held BTC, so fingers crossed Alt season is finally upon us :)

I personally think I'm far more likely to make a decent profit from Alts at least in the short term, I'm not averse to selling them at a profit for BTC though.

BTC most of the time determines the prices of other altcoins though there is some slight resistance i really dont think is that much so i will advice you watch the market closely and get out as soon as you take much better profit

but the problem with BTC investing is the longer of waiting not like in some altcoins that can be determined the profit in just few hours.
this is why DayTraders usually look for altcoin that might Pump in a certain occasion ,and Bitcoin remains as for long term investing when people can take a year or more before tasting their income.
this is why i choose Bitcoin because i have no time for daytrading and also i am willing to take years as this is just my extra money and not that important to mine.not unless there is emergency that i will be needing to withdraw for important reason.

I hope you are fully aware that those two coins you called shitcoin are among the most profitable altcoins presently? BSV and BCH have already give investors good profits, i still would go with BCH because the coin can easily reach 1500$ if bitcoin keeps growing, don't condemn a coin because they are forks of bitcoin, they can do better than popular altcoins

Finding those small coins that doesn't normally rank well but has a potential to go up because of the team is always a great challenge and brings a lot of profit tho. I understand some people could be scared of it but the reality is if a coin is listed at a low place but has a team that works constantly on it and has the money to do so, nobody could deny the fact that people would be able to find a diamond in the rough neither.

All you have to do is find a coin that has a good team, good developers, good marketing, good community and a great roadmap that just hasn't started deploying what they said they are working on. Its like going into a pharma company and buying stocks before it creates a new drug that will help people out in a sickness which would profit them.

There's a chance for some good altcoin to get the x1000 you said but that occasion will be determined by the outcome result of the upcoming bitcoin halving and i believe accumulating more of the coin which will determine what will happen in the market is the safer way to invest.

I mean yeah. Bitcoin is still king.

I believe BTC will still give a decent to good return again this year also I have a feeling all these Bitcoin forks will outperform it and we can see that. I have been saying this since January that people need to watch out for these forks because they are very easy to pump their prices and they will also want to claim legitimacy because this i the first halving some of them will experience affect fork

Not always. In 2019 Bitcoin almost doubled in price, while most of alts stayed the same or even lost value. It will for sure not be same in 2020. Every coin have some own flows. Yes some are more connected to Bitcoin some are way off. Coins without any use case will slowly go towards zero no matter what.

Currently, BTC is dominating the market and it is pumping, longers are winning it for now but who knows if this is just a bull trap though when it comes to altcoins since they are bleeding or pumping little by little, it is also good to take the risk since possibly it can be a bull run for the whole market though it is really hard to choose with a lot of coins in the market.

Alts have a much higher beta than Bitcoin. You may lose the house betting on some alts.