Bitcoin Forum

I first got into crypto in February this year however did not start investing in Bitcoin until June after the crash as I felt it was too expensive until then.

I have been DCA now since June and my average buy is £17,100 and I have 6% of a Bitcoin which I know is not much but I have been taking it slow and feel it is slowly growing whilst buying at these lower prices.

I watched a clip on Youtube earlier saying how Bitcoin is great however it is limited in terms of profit potential and it got me thinking if I should keep DCA into Bitcoin or sell it all and put into Altcoins that are likely to return much more over the next 2-3 years.

I mean how high can Bitcoin realistically go in the next 2-3 years? £150k maybe which would be less then 10x compared to other altcoins that can 20-50x when the bull run returns.

Just wondering if everyone invests in Bitcoin or is it worth just focusing on strong altcoins that can 20-50x in the next few years?

I know I have got into Bitcoin at a good price but just feel while altcoins are currently 85-95% down from all time high may be better making the most of that rather then being safe with Bitcoin and not seeing much return.

Altcoins can yield a better ROI than Bitcoin. But they are extremely risky.

If you consult altcoin charts and see how the older ones of them did in several market cycles (so look at least at the chart 2018-2022), many altcoins had a single bull run where their price multiplied. But it was often an unique event, and the price later never was able to fully recover to previous heights.

Most of the altcoins currently being in top 10 are relatively new, so they may have existed only for one entire market cycle (or even less). So you can't predict if they still have potential, and how they will behave in future cycles. They may go much further down.

See for example what happened to top altcoins of the past. YaCoin, NXT, Peercoin, and even the oldest altcoin, Namecoin, are some cases of coins which were in the top 10 by market cap eventually but now are below position 300, some even below 1000.

Bitcoin in contrast, even if it's volatile, has consistently outperformed the previous market cycle until now. It's not guaranteed that this will continue, but it's not unlikely. (And if it occurs again, then the current <20.000 USD are of course an excellent price to stock up.)

So choose wisely.

(PS: A "deeper" reason why so many altcoins had only a single cycle is that the projects were premined and centralized, and later abandoned by their creators. This is similar to "rugpulling" in the DeFi space. There are very low incentives to invest in a project which was built to yield most of its ROI to a single "dev team" which then disappeared. In contrast, decentralized altcoins like Namecoin may have a chance to come back eventually.)

If you're going to regret not doing it and you've found an altcoin you like that's generally and repeatedly performed well (and you expect to do 20-50x, why wouldn't you put 5% of what you're investing in it)?

Bitcoin is the best investment for stability but if you think there is a good contender that can do well in terms of market cap and you're going to be annoyed you didn't invest, a profit is still a profit regardless of how big it is and 2xing your entire portfolio (or even just adding a few % to it to me sounds much better than losing it all).

If you don't care about altcoins or decide everyone's heard of bitcoin it's their go to for crypto investments so altcoins might perform badly because of it - then stick with just investing in bitcoin.

The streets of cryprto are littered with the corpses of speculators who went altcoin chasing that 50x gain, because btc is too expensive. But if it was that easy we would all be super rich. It is possible to make money in alts, but chances are you will lose. Prove me wrong: show why bitcoins will or will not go up, and why an alt should go up 50x. I think btc is the better safe bet, more an more it is adopted. Altcoins come and go. Most of them have no long term. Some do. But most do not.

Yes, there are altcoins that can really give you huge profit in the next bull run. But the problem is that it's hard to find which one of them. And as others have said, the risk on altcoin investing is high as compare to bitcoin.

And that's why majority here put their money on the line for BTC and then diversify their portfolio with several altcoins, those solid and not shitcoin and meme coin. The question is, would you take that risk or would you rather play it safe but still get a good profit and steady profit and not complicate things in your end?

And please don't forget that the same way an altcoin can go 20-50x in profit within a short while, so can it also fall 20-50x lost in price within that same short period of time. So never you forget that investing in these altcoins is a big risk, but if you know you are ready to take this risk, then go give it a try, and blame no one if the results don't go as planned. Because for me, Bitcoin remains the best investment option with a slow and steady reasonable reward.

It all depends on what works for you. Investment in altcoins is risky but not all altcoins. Eth, Bnb and some big altcoins will always be here. If you want more ROI you can go for them. But since I discovered that bitcoin drives the market and it is more safe, I have been buying as little bitcoin as I can, the mission is not to get super rich but to be safe against inflation and if I could get some more profits it is better. I am not good in researching coins, that is why I am cool with bitcoin.

what is certain is that the decision is yours, in my opinion it is better to invest in bitcoin because in bitcoin your assets will be safer, indeed by investing in altcoins when the market is bull run, the increase in altcoins is very high, it can even be up to 50 times , but the risk of a decline can also be up to 70 times the decline. and I speak according to my experience in bitcoin and crypto.

When it comes to risk then Bitcoin is no exemption which it could really be still risky but making itself to place on the top ranking of all the years of crypto existence then its a solid indication that it is really doing well

which you could really make yourself that confident on investing into it.Even though the returns or potential profits might really be the same just like before or into those early years but at least we could assure

its potential that it would really be heading into that path or direction.Altcoins is alternative choice since there are people cant really be just contented on small returns or
isnt really a fan on holding for long term thats why they do make out other choice which would preferably ending up with altcoins.

Bitcoin is going to be a stablecoin now, I don't expect a couple of year ago, USDT and another stable coin is stable. But now after watching what happen in the market, I have got an argument if altcoin and stablecoin highly speculative, it's not true if we hold USDT aren't risk, because I believe it's more risk because fiat fluctuation.

We do not know what investors do in investing. Between Bitcoin and Altcoins, I think many people choose Bitcoin as their investment without leaving Altcoins. And the Altcoins chosen for investment are also not all, only a few Altcoins that have good potential for 1 to 2 years are chosen for investment.

Bitcoin is for me the best investment option. While Altcoins are full of uncertainty. But I would not advise you to deposit everything to invest in Bitcoin.

There is no ceiling for bitcoin’s price. Sky is the limit. Bitcoin may go above $100k or a million or even higher. It is because, it is not bitcoin going up. It is the dollar going down against bitcoin. Bitcoin is fundamentally the strongest the hardest money ever existed. The dollar has no chance against bitcoin in the long term. Don’t get confused just because jpow feeding the dollar with hard-on pills now. The dollar is dead.

..assuming you actually find altcoins that are going to give you returns. This is like the typical "buy the S&P500 vs buy individual stocks" argument. Which is a better decision would totally depend on if you're actually capable of making good picks.

It is true that altcoins can be better than bitcoin, which can yield 20 times, 50 times or even 100 times profits but the problem is that we never know and are certain which alts will do it. We focus on the top 10 altcoins to reduce risk but they are not as safe as bitcoin offers. Do you remember Luna? being one of the top 10 coins with a market cap of $60 billion and collapsing in less than 2 weeks, it can be said that Luna reminded us of the fact that not every top coin is safe. In all market cycles, you can see the only thing is bitcoin is always on top, it always bounces back every down cycle, and the rest is still uncertain.

In terms of potential ROI, especially if you are looking at the short term, I have to admit that at this point in time certain altcoins are definitely better than Bitcoin. But, as I've always been saying, it's like finding a needle in a haystack. How many altcoins do we have now? How many of them have the potential to x10?

Good luck hitting the right target. I'm not saying it's not possible, but I guess the possibility of you ending up having several dead altcoins in your wallet is much higher than you ending up picking the best ones.

I'm not discouraging you, by the way. It's always better to explore further and do research.

Problems with altcoins are: You can get high ROIs with them, higher than with Bitcoin in a few weeks, a few months; but when the trend is broken, you will lose more with altcoins. Another problem with altcoin investors is: they believe too much in altcoins and they hesitate to cut loss, to exit early. Therefore, when they get loss with altcoins, it should be -50%, -90% or even higher.

Bitcoin and altcoins have correlation in market capital flow that moves around between Bitcoin and altcoins. It is reason we have Bitcoin season and altcoin season.

If you don't like to take risks and don't have too much experience choosing altcoins, then it wouldn't be a bad idea to invest everything in bitcoin. And if you can hold bitcoin for a long time like 5 years or 10 years, i believe that the ROI that bitcoin brings will not be inferior to what altcoins give you.
Invest all in bticoin, I mean here we are just talking about investing in crypto, not about putting all assets in crypto without outside investments, what that shouldn't be.

I don't disagree with altcoins at all. But be careful with the altcoins you select, I highly suggest buying high market cap altcoins, and avoiding mid to small marketcap altcoins.
And another thing is, Bitcoin is already proven over time, since the beginning, Bitcoin never disappoint us. So for me, always have Bitcoin in your bag, even you can say that the ROI is very low for Bitcoin now, but as long as you are safe, it's ok.

Altcoins are not something you should stick and be loyal to. We have to be reminded that they come and go. They're usually short-lived. So they should only be treated as milking cows. When playing with altcoins, good entry and exit points should be well-plotted in advance. By the time a good profit is achieved, altcoins should be dumped as quickly as they're acquired. They shouldn't stay in wallets for long. After all, they're only there so that your Bitcoin value increases. Bitcoin is still the ultimate goal.

It is your decision, we know there will be altcoins which will outperform bitcoin, the question is if you have the skill to pick the altcoins which will do this? If you have the skill then by all means buy those altcoins, hold them and enjoy your profits.

But if you do not have this skill, and if you cannot do it you do not have to worry as you are not alone on this, then it is too risky to pick that strategy and you will obtain a better outcome by just buying bitcoin.

You're investing in Bitcoin for stability anyway, not for the increased gains. Compared to people who invested early on in Bitcoin and had to shoulder bigger risks, people like us right now who know Bitcoin is pretty stable as a long-term investment have higher confidence levels imo and has consistently brought good results which leads to pretty small (but still good) gains in the long term.

Altcoins today are like the Bitcoins of the early age in terms of risk, they do indeed bring bigger returns but they also bring about bigger risks. I wouldn't really look for altcoins in the long term, some good coins can probably get 10x, 20x or more, but they only last pretty short and never really happen after that point.

Well, Alt coins are very broad.... you literally talking about 1000s of Alt coins and many of them are pump&dump schemes and shitcoins. So choosing the Alt coin that might yield a 20x or 50x return on your investment... is like searching for a needle in a haystack.

Bitcoin has shown that it can give huge profits in the long term, but most people are greedy and they are looking for quick ROI ...over short periods. (mostly because they want to have liquidity with their investment capital)  ::)

Altcoin profit is only huge in short term (during the pumps) not in the long term (due to the dumps). In comparison bitcoin will always be a lot more profitable because it doesn't get dumped the same way altcoins do. That's because of the pump and dump nature of the altcoins. In short term you could see 1000% pump where for instance price of a shitcoin goes from 100 satoshi to 1100 satoshi, this means a massive profit during that pump. But the problem with altcoins is that they follow that up with a massive dump where that same price goes back down from 1100 satoshi to 100 satoshi in best case scenario and in worse case it goes down lower to 10 satoshi (lower than the initial price). Any subsequent pump is going to always be smaller (eg. from 10 to 50 or 400% instead of the previous 1000%) and never go back to the peak.

But in comparison bitcoin price is always going up regardless of its short term swings. Take 2013 for example, price goes to $1200 but falls down to $150. But it recovers back to $1200 and continues rising and reaches $20,000. The next time there is a drop it is to a higher low of $3200 and it also recovers that by going back up to $20,000 again and will continue rising after that too.

This is all based on one simple fact: bitcoin is useful in real world while altcoins aren't.

Bitcoins are better for investing while Altcoins are good for day trading but mind you, they can be really volatile and risky.

No one forces anyone to hold Bitcoin or Altcoins, because that's their business with whatever asset they choose, at least I can appreciate they want to have Bitcoin or Altcoin, at least everyone understands the risks of these two assets, but bitcoin assets more promising than assets for Altcoins, because the risk of losing or being valuable or not in the future depends on the situation, but if anyone holds Bitcoin then they will become billionaires in the future, because here we all know that bitcoin assets are superior to assets Altcoins, because Altcoins are still dependent on Bitcoin..

If we compare bitcoin and altcoins, I choose bitcoin because the profit potential can be greater than altcoins. But I also use altcoins as an additional investment in addition to using bitcoins as the main investment. For me, investing in altcoins would be a short to medium term investment, while bitcoin would be a long term investment. And if we look at the historical movement of bitcoin, the price will usually start to increase in the 3rd year after the halving so after the halving to year 2 or 3, it will be a position to buy and hold bitcoin. While altcoins will be in between, before or after the halving to increase again or even some new altcoins will be able to increase in a year or two. Maybe I'm wrong but at least that's what I got.

I'd go to Bitcoin as always if you wanted a sure profit in the long run. Altcoins that can give you profits in the long run is very very hard to find, most of them are just shitcoins, if you want to be a bag holder of those things, it is your choice. Based on my experience, no matter how good their goals are, in the end, they are the winners and investors are left hanging with their broken promises.

Bitcoin is a sleeping giant when the market is bearish, but you could assure yourself that when the bull market comes, you'll see a great return.

Well I would still want you to go into more research concerning crypto's and bitcoin maybe you are just taking it for a lighter note, because i can't still believe if those who have been in cryptospace for the past 4 to 6 years would for any way trying to go into altcoin investment after what happened those years and today were most of altcoin dip down 80% and never came back again. Those altcoin that goes 10x, 20x even 50x sometimes can be considered as pumped and dumped so if you got engaged with such coin what could be your fate at that point, would you come back lamenting those coin? No because you always think of the benefits aspect without considering the risk involved and as a matter of fact is somehow dangerous to venture into only altcoin rather than bitcoin.
you can make your portfolio to be 70% btc and 30% altcoin to minimized the risk involved.

I agree with your opinion, friend, indeed, investing in altcoins has a very high risk, and I used to invest in altcoins and I experienced big losses, so in my opinion investing in bitcoin is better because the risk is not too high. Indeed, investing in altcoins if the profit is very large, but if you lose it will result in a very large loss as well.

Actually, Bitcoin is the same if you have bought at a high price last year for investment, because you know what the highest price of Bitcoin was last year and the price of Bitcoin at this time? Just because Bitcoin is always more suitable for investment in the long term, it's definitely not wrong if you want to prefer Bitcoin in terms of investment over altcoins. Moreover, the future of Bitcoin is also much better than altcoins which can sometimes be deleted by certain exchanges if there is no more trading volume.

Allow me to share some of my personal experience.
Since I got into Bitcoin and started to hold some Satoshis I felt tempted to swap some of my satoshis for altcoins which were very attractive at the moment and seemed to have a use case and a reliable team behind, I am not talking about Ethereum or Monero, I am talking about tokens which I doubt anyone here in this thread have ever read about, related to NFT's, Opensea, etc.

While I was deciding whether to put money in those tokens or not the prices continued to increase more, so I ended up not buying in, because I thought of the commissions of the transactions and the fact I was late to get a good position, also there was some laziness.

In the end, almost 100% of the times I was seriously thinking to buy those tokens they ended up losing a lot of their value in a few months, about 80-90%. Sure, Bitcoin has also lost some value these last months but there is a big difference between the future those tokens may have in comparison to the future of Bitcoin.

In the end OP, a handful of satoshis are worth more than a million of a shitcoin. That is the lesson I learnt.

And while you can risk some money in altcoins if you want, I would recommend you to stick to Bitcoin (perhaps some top 15 altcoins) if you want to sleep better.

Just my opinion.  ;)

It was not advisable to keep and invest in Bitcoin alone but to spread our funds. Yet, I put a huge amount into Bitcoin considering its profitability and we know that this project is the most trusted coin in the market where we can assure ROI. And for the huge number of altcoins now in the market, I consider those in the top 10. Maybe I was wrong but I neglect to buy new coins considering scam issues that mostly happen to them. As I bought these coins, I'd never thought about 20-50x, what I just need is to have a favorable profit when the time has come to sell them.

The problem is that altcoins don't go up 20x-50x in a few years, they do that in a few days or weeks when they are getting pumped. Bagholding them for years hoping that some day someone comes along and pumps them that much is not going to end well as the history suggests.

What we know is that altcoins provide quite large profits in multiples, especially during the altcoin season (most people say) I know you will be tempted by the rapid increase in altcoins between 10x-100x but if you have entered then big risks will await you usually altcoins will be thrown away 90% of the market price which suffers a lot but I say altcoins will not give profits all the time and Bitcoin is better as a good tool where this one coin becomes long term stability.

It doesn't matter if you choose it too and convert it to altcoin it's your responsibility to make an even more valuable experience in altcoin, but I always remind altcoins will still be shitcoins that's my view and no longer in my portfolio.

I am more comfortable with the practice of DCA and Buy Dips, this is my solution to prevent from going to altcoins again, I see what I felt before focusing more on Bitcoin.

Dear newbies, no matter what you think, listened to or watched on YouTube, altcoins will do you dirty stay away from it. Sure we know how altcoins can 100x like crazy in a short time but never forget that what goes up must come down. And newbies easily freak out when price drops and will sell everything in their portfolio in the twinkle of an eye and they will end up selling at a loss. One thing newbies forget is that altcoins can quickly go to zero. The best strategy is to stick with bitcoin. Buying and holding for a long time comes with peace of mind.

It can be the other way round, whatever suits you and give your profit.

If you are an experienced day trader you can make money on both bitcoin and altcoins, so you are only half correct. But it is true that both altcoins and bitcoin are volatile and risky, but that is again true for any other speculative market like stocks, metals etc. So you have to make the decision of watchig the older charts and observing for how long an altcoin actually is able to make a mark on the market. Most of the newly launched ones get washed away in one year while others have been running for quite some time.

In this manner, you can make a decision on which altcoins to buy when you are done buying bitcoin. Your first choice should be bitcoin though.

Bitcoin and altcoins are both profitable if managed properly. Bitcoin can be used for the long term, if you get a good price you just need to hold it and sell when the price target you have set is reached. and to get into altcoins that have fallen to -90% you need to research whether the altcoin has strong development or not for the future, don't just enter, you need to take it into account. Altcoins will indeed provide great returns if they are able to hit their highs again. Bitcoin and altcoins are a great combination, take every opportunity and invest what you can afford to lose.

There are too many altcoins, it's a big market out there. With tha majority of them, a person can lose a lot of money. Even some that used to be in the top eventually moved down, some crashed significantly. Bitcoin is the most likely coin to recover, to grow. You're right that realistic returns with Bitcoin in the next couple of years are up to 10x and that probably some altcoins will go beyond that. But those are pretty good returns, and it's at a much lower risk than with altcoins. Plus, it's much less time-consuming because you focus on one coin and you already know which one.

It needs to be realized that beginners should no longer be involved in investing in altcoins because they just want a crazy increase of 100x expecting a very fast profit even though from panic that's what makes them suffer more after knowing the price dropped drastically and selling cheaper what they bought before, so I don't want them to just be lulled by others like Youtube who might be able to tempt them, but what we felt before was suffering and regret due to trusting in altcoins too much. The example you show in the picture of the LUNA coin really has no value.

I wonder how hard it is to invest in Bitcoin and then hold it? Are they not strong enough to hold on too long and want to go faster with altcoins? I can't help but think if there are thoughts like this, of course I respect their decision but we always recommend the best compared to altcoins.

Bitcoin should be one of the coins that is stored for a long time, it will earn a good profit in the next 4-5 years, the same thing they invest in other assets but Bitcoin is more real even though there is no physical.

Placing everything on Bitcoin is a good idea outside the context of placing all money to invest in crypto.
Personally, I still survive to buy and hold, but not with the hold you mean. I hold with a certain target. It could be that within 1 year my target on Bitcoin has been achieved, so I will do a new planning regarding the next long -term investment on Bitcoin.

Regarding investment in Altcoin, I am still trying to convince myself not to be traveled anymore. I think it's enough time there, except for the type of altcoin like Ethereum.

For me it's very simple.
Altcoins follow bitcoin but bitcoin doesn't follow altcoins, which means that if you put money in bitcoin and it goes down in price your potential altcoin investment would lose you money too, but your altcoin investment can go down on its own as well, even when bitcoin is pumping. Altcoins are just additional risk in an already risky environment.

You want to be safe, you buy gold.
You want some risk in your life, you buy Apple stock or Coca Cola like Warren.
You want some more risk, you buy tech stocks.
More risk? Get Bitcoin.
Even more? Get ETH or BNB.
Want to go crazy? Buy some shitcoins, but don't come crying later. I personally know people who were buying game credists in 2018 for 3-4 USD. Check the price now. I also know a guy who bought HEX for 0.2 USD, it went to 0.5 and I told him to dump it because it's a shitcoin but he was swearing to me that it's going to 1 USD Now it's closer to 0.01 USD than it is to 1.

When you think you lost a lot of money because Bitcoin went down 50%, think of those people who thought altcoins were better. Some of these guys are between -90 and -100%

I just tell my friend about it, if you want to follow, follow bitcoin also not only altcoin because the price is paired with bitcoin. but if he wants the risk, that system always follows what they invest, the more you bought the more you got risk and profit. And bitcoin has become like gold now.

Since Bitcoin still remain the king among other cryptocurrencies, it will be favourable to invest a huge amount of capital on Bitcoin in this bear season, and invest little on altcoins, because whenever Bitcoin price is rising in the market, altcoins price will be rising too, and whenever the price of Bitcoin is dumping in the market, altcoins price will be dumping, show that Bitcoin teams are more stronger than altcoins teams in the community. I guess, you will not regret making Bitcoin your first choice, because the price of Bitcoin will surely pump higher than others cryptocurrencies for their investors to earn well.

So bitcoin is still the best investment in crypto and the choice of many people to try to get big profits.
But altcoins can also be an investment option but not for the long term because altcoins will be more volatile in price than bitcoin.
In addition, altcoins also follow bitcoin as the leader, which makes many altcoins fall sharply if bitcoin experiences a decline like now.
But it's okay if some people make altcoins their main investment because they think with so many altcoins on the market, they can get bigger profits than investing in bitcoin.

With altcoins, you can both earn quickly and lose your funds quickly, if you keep funds in bitcoin and expect for a long period, then it makes no sense to sell it in the hope of getting an early benefit from buying altcoins. To do this, you do not need to sell your bitcoin, just instead of your regular purchase of bitcoin, try to use your free funds to invest in some promising project and just wait for the exit point, and later check what came of it.

ETH and BNB are both considered shitcoins so you should have included them in the last category not a separate one above that. In fact both of these coins are more centralized than all the other altcoins, for example BNB is 100% controlled by Binance and can be shut down, frozen, reversed, ... if Binance owners decided to or a government ordered them to.

That part about centralization is true, but at lest when compared to stuff like doge or shiba, you're buying a coin backed by something. In case of ETH those are smart contracts built by it, so other coins depend on its health. In case of BNB you're pretty much buying Binance stock. I think both these options are better than actual shitcoins like bitcoin sv so I wouldn't put them in the same basket.

Which altcoins aren't shitcoins in your opinion?

I disagree with you about this, like I always tell people, we should not be so extreme about BTC, we should be very careful about that as we have alternatives that have come to stay. Like the traditional markets, there are many assets to choose from, and so is the situation between Bitcoin and altcoins, it depends on what the investors and traders want.

We should also differentiate between altcoins, there are more performing ones, and once you know how to deal with them, they could perform better than Bitcoin in HODL and other trading investments.

Strong altcoins that can 20-50x in the next few years? Can we really determine what altcoins are these?

Not wrong to invest in those altcoins but don't expect a 20-50x increase at those as it might give you disappointments. You can have a test to see the result although you need several years to see it.

Much better to focus mostly your funds on Bitcoin and do some DCA.

Not all altcoins are going to give you a 20-50x return. You need to find a good altcoin that has potential and they are very rare to find. You will most likely end up investing in a "bad" altcoin and lose everything.

Investing in Bitcoin is less riskier when compared to altcoins. Sure, bitcoin might not give you more returns than some altcoins, but look at the charts. When the market tanks, the altcoin performs the worst. Go back few days and see what happened. When bitcoin went down by 5%, altcoin went down up to 15%!

I know it might be really confusing as to what to do in order to grow our portfolio to the max.
But if I were in your place I would do both. As in diversify my investment into bitcoin as well as the altcoins.
The problem with altcoin is that not all of them are worth our precious money. Many of them just dont return enough profits.
So we have to be wise when choosing which altcoin to invest in. Once done, you can diversify your investment into both.
The percentage really depends on you and I have personally done 40% BTC and 60% altcoins.

It all depends on what you need but I highly recommend to diversify your investments for maximum profit.

Personally, BTC is the way to go due to its inflationary nature. While there may be lots of altcoins in the market, the fact still remains that BTC is the reigning cryptocurrency in the market with its price higher than every altcoin present. With this in mind, the potential and opportunity of doubling your money is quite higher compared to some altcoins.

While this may be the case, diversifying and investing in both BTC and altcoins is the preferred method in order to maximize your profits and minimize your losses.

That in majority of cases means maximum risk and loss and not the maximum profit. Keep in mind that OP is still relatively new to crypto (started investing ~7 months ago) so I doubt that he has enough experience to sell altcoins in time.


Imho that's not a real diversification because all those alts still depend on bitcoin price so you might as well keep it in bitcoin and minimize the risk. On the other hand, real diversification is if you invest in something that's not closely related to crypto, like gold or even better land. 

This is also felt by many people, the constraint of investing in bitcoin because it involves an expensive price.
But don't worry, I have a way to speed up your desire to buy bitcoin, all you have to do is monitor market conditions, buy in small quantities that you think are sufficient, when bitcoin is at a standard price, then sell in the near future when bitcoin experience improvement and do it over and over again until you have enough capital, but the concept must be consistent.

This is correct and do it consistently until your target is achieved, I have been doing this for the past year.
growth delay is better, but has a degree of stability, so that your investment space can work, people who have little capital must have a way to get around it.

Limited profits are caused by a small authorized capital when you start investing, and Altcoins are more volatile you need to know, start learning consistency, preferably small but can increase slowly.
All decisions are yours?

Depending on the market reaction and the yearly cycle that will occur, the math can shift in the investment formula.
The concept of investing is not as easy as people say and it's the same with Altcoins you mean if a bull run occurs.

This question is still relative, if many already know how bitcoin works and can provide benefits, then the answer must be choosing bitcoin.
And also there is nothing wrong if people prefer Altcoins, it's just a matter of taste and financial ability to take a role in Bitcoin and Altcoins.
But if you ask me, the definitive answer is bitcoin.

Try both at the same time, but make sure the altcoin you are aiming for has the strength to stay in the market.
As a reference for decision making, you will not be able to avoid bitcoin for now and in the future, because bitcoin is more promising than altcoins, although both have a degree of risk involved.
Just look at the growth of bitcoin to date, Many people, companies and groups have made bitcoin a promising asset and investment.
Then where were you when the three people I mentioned earlier had successfully invested in Bitcoin. Personally I've increased my investment in bitcoin, although slowly and adjusting the capital I have.

Depends on what is that altcoin you are talking about. If that alt is shady then yes, they are not worthy for long term investing but if that alts are the common alts that we know i.e eth and bnb then these coins are fine to hodl for a long time. A good entry point is usually done when the coins value is dumping or when the market is in bear phase and for the exit point, it's when their price are pumping or when the market is in bull phase.

Alts aren't created to help btc increase its value but btc is actually the one that helps alts to increase their value. Now you know the drill. We shouldn't invest more in alts but we should put more money in btc so that alts can benefit as well.

You can disagree with me all you want but the hard data is saying that altcoins come and go while Bitcoin stays. Except for a handful of altcoins, majority of them are already either dead or dying. In terms of HODLing, you cannot compare Bitcoin with any altcoin. Yes, DOGE rallied, XRP pumped, SHIB became popular all of a sudden, but would you HODL them the way you HODL Bitcoin? That, to me, is suicide. And even if the likes of Ethereum remains strong, just take a look at how much an ETH was worth in BTC years ago and compare it today. That would tell you that HODLing Bitcoin was still better.


They're fine to trade and keep for a short time. HODL for a long time? I doubt. ETH? 5 years ago, 1 ETH was around 0.14BTC. Today, with all the hype of the Merge and talks of flippening, it is only worth 0.06BTC. Don't mind their prices in dollars. It only misleads you. BNB? I wouldn't trust my money on a centralized coin whose network got hacked and was shut down shortly after.


Every single altcoin is riding on Bitcoin's popularity. To a certain extent, they're free riders. So you don't keep them. You use them. You take advantage of them. And that's so that your value in Bitcoin increases. Now you know the drill. You don't pledge loyalty to a shitcoin. All roads lead to Bitcoin.

As you said altcoins are not as good as bitcoin offers then I think there is no need to look deeper into altcoins. We all know that investing in altcoins is much riskier than bitcoin, so invest in altcoins only if we are sure that it will yield better returns than bitcoin. The bull season is always considered as the best time to invest in altcoins, down season like now really shouldn't do so, if you still want to invest then you should be aware of the risks you face. My advice is to only invest a small fraction in altcoins even top altcoins, and focus on bitcoin until the bull market comes.

Ok. That makes sense. But I still think that the risks are the same. ETH or BNB are as centralized as BSV is. The only difference is that higher number of people have accepted that BSV is a shitcoin compared to those others.

Any altcoin that has an actual use case and has some innovations instead of doing the same thing as was done years ago.
Unfortunately any altcoin I have ever analyzed has had some flaws, some bigger than others but if I wanted to mention one altcoin that is not a shitcoin and has some actual utility I would say Monero.

Bitcoin is number one and I know that disagreement is healthy at times, and I still disagree with you to generalize altcoins. I insist some altcoins are even performing better than BTC, I don't let anything blind me despite holding, trading and using BTC for my regular online payments. Altcoins have also helped me a lot far more than BTC in earning, so it will be unfair for anyone to collective downgrade them. My plight is that we should be sensitive with what we express so that we don't misguide some people.

This does not stop the fact that Bitcoin will always be the best and most reliable, but I won't accept that others are totally useless as you indicated in your first post.

Altcoins giving more profit is all a relative idea - they will give you profit if
1. you bought at a lower price
2. an exchange exists that has that coin listed and has a decent volume
3. you time your sell price to a higher price than buy price.

All these reasons also exist for bitcoin, but you can clearly see that the second point is almost always true and the other two are negotiable for bitcoin. This is not always the case for altcoins.

Also the chance that you bought an altcoin when it was down in the dumps, and that specific altcoin is going 400x during a bull market is pretty low, because firstly nobody buys shitcoins when they are down and with a thousand other shitcoins on CMC/CG, you would be puzzled to make the decision of which one to buy, given your capital is limited.

In my opinion you are doing the right thing, keep buying Bitcoin with the DCA method. The price level of bitcoin at the moment makes a lot of sense and over time your bitcoin holdings will grow. I am also using the DCA method and think it's the best approach. Don't sell your bitcoins into altcoins, that's way to risky. There is no guarantee that an altcoin is actually going to make 25 or 50x return. You could also lose all your money. Bitcoins is a much more safe investment that should be part of any crypto portfolio. If you really want to invest in altcoins then you could reduce your new bitcoin purchase and split it between some other coins. But do keep holding the bitcoins you already own.

Altcoins can show more growth, but at the same time they contain more risks, and in the pursuit of big profits, you can even lose your money. Remember how it happened in the last bull market, first bitcoin began to grow and only then altcoins began to grow after it after a while. This is one of the reasons why it would be worth staying in bitcoin, but of course it's up to you, maybe you will choose the altcoin that will be well pumped, as it happens with some altcoins now.

The value's downfall started somewhere around feb-april, now it's the best time to buy bitcoin before it's too late and 60k resistance becomes new support in a few years.



I think it can hit somewhere around 120-150 k USD in the next 2-3 years with a market cap of around 1.5 trillion, again it's the best time to buy bitcoin- 19k USD is undervalued bitcoin.


I'd say bitcoin for longterm, I've seen most of the alt coins die pretty quickly unless they're given shoutout by a famous person look at the example of DogeCoin, it almost hit 1$/Doge due to Elon musk's hype.


Bitcoin is good for long term while altcoins for short-term.

I think depending on your preference, if you like safety then choose bitcoin, the profit will be a bit less, but if you like altcoin, it will be more risky and the profit will be higher. The higher the return, the higher the risk. Or maybe to be more optimal you can also allocate your portfolio 50% bitcoin and 50% altcoin, or 70-30. But it can be said that investing in altcoins is not as simple as you think, it's not about picking any altcoin and just buying at low prices and waiting for the bull season to come to take profits. Things are not so simple, a lot of altcoins have dropped 85%-95% but there is no guarantee they will recover even some will not survive this bear season. So investing in altcoin is very risky, it's not like bitcoin, how much bitcoin can fall doesn't matter but it will always be the first to bounce back.

Ohhh noo, it sounds so dirty dude what are talking about in the title please change it. haha bro I think there is a need for the Proverb to be quoted well, You are comparing the King with the shit. As shitcoin even can't stand to be discussed with the BTC. I think Alts should be whipped and I want too see BTC in top gainer top loser most productive each and every thing you know and I know.
I know many of us like BTC and alts too that was the same case with me but I have just realized noo there should be a balance in between these two terms as holding BTC cant be compared but trading Alts is not bad too.

I use to be so much into altcoin at the beginning of my crypto journey and I was deeply rooted in several projects' development but along the line, I lost my appetite for altcoins since there can go from 100 to 0 in a matter of seconds.

Many risk their money on altcoin for short-term bases, but that is if you can make the right pick and be able to pull out when the market is in an uptrend direction before losing everything looking for maximum profits that may never come.

No one knows for sure, everyone will probably shoot one from the corner of his room. The future of bitcoin is still very good, actually you should cultivate optimism about it if you really invest in it. 20x - 50x from now will definitely be difficult even in the next 2-3 years, but since bitcoin price is uncontrollable it is possible to achieve it in the future.

Advice for you: Be a wise bitcoin holder. You may need to take profit at price x by selling it while you can buy again in the next phase of the decline. Accumulation and DCA are great, but of course I think that strategy is for those who have a steady monthly income.

That is why it is much better to invest in bitcoin. Btc price has a lower potential when compared to altcoins, but it is still a very decent potential we don't find in other investments among traditional markets.

I imagine bitcoin can hit 100,000$ on the next bullish season which may take 3 years yet, what means it is already 500% profit return over currently investments. Who does need more than that? To persue altcoins for higher percentage profit seems pure greed after making this comparison.

I don't agree, it's basically a wrong assumption.
I understand what you mean, but potential is not measured by how many times the profit you get from the investment. Bitcoin is still the best compared to altcoin, if you believe bitcoin has lower potential than bitcoin then maybe you have bet a lot on altcoin memes.

Of course, especially on altcoin that don't have the real use cases, that is real greed.

Holding altcoins too is good. Here it matters, when we choose the right altcoin. We've got the king, whom will be the king forever. We've got soldiers, without them it is hard to safeguard the kingdom, which means the cryptomarket. For some purpose altcoins got emerged and they're doing it. Trading altcoins is good and there are altcoins that have the potential to give good returns. Always stay on the top order is good. Altcoins are good for trading, and having a diversified portfolio is always a better choice.

Bitcoin  would be a safer investment because of their adoption. Moreover, altcoins are very risky. But I have invested in some Altcoins and they have the potential of yielding better ROI. I guess it's your call. Do not invest without doing proper research.

You can also go on a gambling site, make some bets on dice rolls and make better ROI but that doesn't mean it is a good idea to do so.
That's pretty much the summary of the altcoin market, specially the token market. People are making bets on short term prices of these useless coins/tokens and cash their "chips" out if their bet succeeds for a profit. Calling it an "investment" is wrong.

If we see in terms ROI, then Altcoins have a better scope than Bitcoin.  However, they are extremely risky. If you want stability, then you should consider Bitcoin as it is widely adopted..

It's actually not difficult to understand this because every altcoin is a cryptocurrency that is not Bitcoin. Because Bitcoin will still be Bitcoin and it will never be the same as any altcoin. So you have to know that this is different and if Bitcoin is compared to altcoins, it is clear that the loser is the altcoin because Bitcoin will always win with so many enthusiasts and others that altcoins don't have.

But I don't understand your decision to invest in altcoins, even though you yourself already know that Bitcoin is a very safe investment for everyone with a certain duration.
Why don't you even choose Bitcoin in this case mate?

That is why bitcoin is the king and at the top, but when people are talking about altcoins do not imagine the lowest of the lows, ethereum and bnb are altcoins as well and they do nearly as well as bitcoin does. Sure there could be some small differences, but when you check the price volatility, they are not really that much different from it. Don't get me wrong bitcoin is still the best, I still think it is better than any other coin out there.

But, the difference between eth/bnb versus all those out of top 100 coins that are mainly either a scam or a failure is vast as well and we shouldn't lump them all together into one word and call them all altcoin together.

When it comes to Bitcoin vs altcoins, there are a few things to consider. First, let's start with the basics: what are Bitcoin and altcoins?

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Altcoins are cryptocurrencies that are based on the Bitcoin protocol but have additional features or algorithms that differentiate them from Bitcoin.

So, what are the benefits of using Bitcoin over altcoins? Well, for one thing, Bitcoin is more widely accepted than most altcoins. In addition, because Bitcoin is the first and most well-known cryptocurrency, it has greater liquidity - meaning that you can buy and sell it more easily than other coins.

One of the reasons why bitcoin is better than altcoin is its innovation. You might expect some altcoin to have real use cases and be adopted as means of payment, but you should be aware that most altcoin are centralized. You also can't just compare the two in terms of price, people expect innovation to be better than just the price. So the best choice is bitcoin if you really want to value privacy over most altcoin.

I'm admit that altcoin can generate decent returns for their investors, but that in the long term the risk is far greater than the potential one would expect. After all, bitcoin is not a stable asset as you say, it is a highly volatile asset So you have to understand the risks.

I will partially disagree, btc no doubt is the best coin to hold but there is nothing wrong with little diversification of your portfolio with a few good alts. I don't need to go in details about alts like eth, bnb, sol, dot, ada, avax, ltc, egld, and so on are alts which am pretty sure still trading above the price they where initially launched! and not only that most of these alts have been around for some years now and still going strong, the perception that alts are not good for long term mostly applies to shitcoins that have no significant beside pump and dump. Those type of alts are not able to recover even when the bull market season occurs.  so if there are alts that shows some element of potential, i feel it is worth a try.

As long as an altcoin with a top 10 rating maybe it can be reconsidered by everyone, I still haven't done that myself and it's all on Bitcoin as one of the ones in my wallet, so every coin has a good prospect if they are able to last more as long as with top ranking but the rest is below that I will not glance back.
The fact that altcoins are still a lot of interest because the pump is always big, while it is different from Bitcoin which is slow with it, but as for other differences, I myself Bitcoin is the only coin to choose.

Altcoins in contrast to bitcoin @OP, you must be a very clever person.
Most altcoins happens to be pump and dump and they never rise after they've hit the depth. Haven't invested in a few altcoin myself, I wouldn't advice it. The most you could do for the sake of diversification of your crypto portfolio is to maybe own a few altcoins but hold majority of your crypto portfolio in bitcoin. It's not an investment advice though but, that's what goes for me and I think it could go for you too @Op.

Most of the altcoin growths today are dependent on bitcoin, very few follow different parts but I tell you this, bitcoin  could double or triple in value in a few years and that's for sure. The ATH as we have it now is more than double the previous and so, there are still chances of reaping some good profit off a good bitcoin investment.

There is what we call diversification in crypto, I want to believe you already know what that means.?
Now, you can try to apply that in your strategy, you don't have to go all in on Bitcoin and you don't have to go all in on altcoins, share your portfolio between the two, but make sure you have a higher portfolio on Bitcoin since it's  the safest, altcoins do have a better return on investments, but also do not rule out the fact that they are highly risky and can swallow your money in just a matter of seconds, take what happened to Terra Luna as a point of reference, alot of altcoins have come and gone, but bitcoin remains and still standing strong.

So my advice is, if you are in need of quick profit and must buy altcoins, make sure you have a higher percentage of bitcoin in your portfolio.

Keeping all eggs in a single basket is never a good idea they say and diversification is always a good decision. However, it also has its cons and pros. Which one of them is investors knowing the number of cryptos they can manage very well before diversity into many altcoins.

If we start thinking this way, no coin apart from bitcoin will ever be good enough. I'm somewhat a maximalist myself, but I appreciate that some of these coins are actually filling a niche by providing use cases that bitcoin cannot yet.
For example, when people were mining using fast ASICS they started thinking of coins that can be mined with CPU, then with HDD. The markets bashed most of them into nothing by showing that a different, innovative type of mining a coin doesn't make it useful or valuable, but the attempts were good. Without these "testers" we wouldn't know what works and what does not.


If we agree that coins are software, flaws are normal. Show me a computer game that had no bugs when it was released.
You seem to focus on centralization a lot. Centralized alts = shit, decentralized alts = mostly shit, but there are some gems. Is that it?
Bitcoin is decentralized but that doesn't mean that every centralized coin is bad, at least that's how I see it. I'd agree to some centralization if it offered enough utility to balance that weakness.
In case of Monero, you can see how good a coin is by the effort the governments put into shutting it down. I hope it survives.

Bitcoin is more important than altCoin. Bitcoin is widely used almost all over the world. Bitcoin Legend is a coin whose campaign has spread widely across the world.

If you mention altCoin then any case is lagging. If you want to invest then definitely you should invest in Bitcoin because you will get huge benefits if you invest in Bitcoin.As much benefit as you will get from Bitcoin but you will never get that much benefit from altCoin. No I can say that Bitcoin is worth more than altCoin.

Bitcoin not even comparable to Altcoins , though it can be considered as investment coins also but Bitcoin si too strong to be compared to altcoins.

And I am always supporting Bitcoin against all altcoins so just INVEST IN BITCOIN now matter what happens.

I may have holding some altcoins But BITCOIN IS ALWAYS MY FIRST CHOICE ..

I have the same logic, even though I invest into ETH and BNB as well for token reasons because I like the idea that they are the father of some projects and many tokens are listed on their chain, which could give them power so I have nearly 30% of my coins in eth and bnb, I still hold 50%+ in bitcoin because I believe that no matter what happens to the market, bitcoin will always be strong and will always worth something. That’s my understanding of bitcoin, and how I think it will play out in the future for sure.

This is of course just my idea, doesn't mean that it will be a right idea, maybe I am wrong and other coins will go up more, but I feel more safe this way.

Of course, it's your idea, and I'm telling you now that it's the right idea. It is good for every investor to diversify their portfolio, unlike some that are extremists about Bitcoin. It's all about making money, and Bitcoin and Altcoins have their peculiarities and seasons, one should learn how to outsmart them and maximize their earning potential rather than sticking to one alone.

Having about 50% investment in Bitcoin and the rest of about 50% in Altcoins is a very good plan.

I think it's up to each person's opinion, no one is right or wrong here. Bitcoin extremists they have their reasons too because all altcoins depend on bitcoin if bitcoin falls then all falls, if bitcoin dies all dies. But for others, they are still aware of it but they want to diversify into altcoins simply for profit, as you say. Bitcoin is the best but it is unlikely to produce the best returns, a lot of altcoins can give a much better return than bitcoin.

As long as we know what we're doing and what we're going to face, we can invest anywhere. Because we are here to make profits for ourselves, not for others, so just feel free to ignore anyone who doesn't share the same opinion.

The problem is not with being centralized or having bugs. It is about being centralized but be advertised as decentralized, or having serious fundamental bugs in the protocol and still be advertised as secure, or having a mutable blockchain and claim to have safety.

Otherwise the banking system, PayPal, credit card companies, ... and a lot of other things are centralized and we can't call them "shit", not to mention that we use them every day because they don't claim to be what they aren't.

As for the highest amount of investment in the crypto space, it is clear that Bitcoin has a much higher volume than any altcoin every year so Bitcoin can always be at the top for a long time. And for the future I think it will be too, because the first thing that many people in the crypto space recognize is Bitcoin, not altcoins.
Also from various other things, Bitcoin is still far superior to altcoins, so there will be no gap for any altcoin to win against Bitcoin.

Bitcoin is the number one in the cryptocurrency market industries, which it drives Alt-coin along the side, if Bitcoin is on green mood, the entire market will be on green with a strong buy resistance, holding Bitcoin for next 2-3years is a very good one, how little may be, profits is sure, and all depends entry point of buy or sell return investment.

Bitcoin adoption has been so widespread to date, bitcoin has grown so fast in the last two years, although there are still ongoing corrections and recoveries. Bitcoin is widespread everywhere, including certain companies and shops that have accepted payments using bitcoin, although we realize that this concept has not been fully implemented in public places, it is possible that in the future bitcoin will become a medium of exchange in the hotel sector, services and more.
While Altcoins are difficult to achieve something that has been passed by bitcoin, and altcoin development is at a point that has not been maximized.