Bitcoin Forum

Many people in the crypto market are still uncertain about which type of asset to hold onto for the upcoming growth cycle of the crypto market: Bitcoin or Altcoins. Additionally, they're wondering when to catch the bottom or exit at the peak. As we know from previous cycles, Bitcoin tends to rise first, attracting the influx of funds, followed by new funds flowing into Altcoins. However, holding onto Bitcoin might not yield substantial profits, and determining the right time to switch from Bitcoin to Altcoin for maximizing gains during the growth season remains a challenge.

Now, I'd like to share a method that I have been using and find quite effective, hoping to share it and receive feedback from you all:

• First, I establish from the outset that BTC is solely for holding, not for selling. When BTC surpasses its peak and an Altcoin wave is on the horizon, all you need to do is put your BTC into cross margin and borrow USDT (not exceeding 50% of your capital) to invest in Altcoins.
• For instance, if you currently have $26,000, you could invest in 1 BTC and hold it from now on. Hold it until BTC surpasses its previous peak of $69,000, which would mean your asset is now worth $69,000. At this point, place the value of 1 BTC into Cross Margin and borrow $30,000 to invest in Altcoins. Borrow only $30,000 or even less, not more. This way, you can continue holding onto that 1 BTC as it climbs to $100,000 or $150,000, while also having $30,000 to invest in Altcoins. With the $30,000 borrowed, smart investment in Altcoins can potentially turn your initial asset into $300,000. You could sell the original 1 BTC that you held onto for $100,000 or $150,000. The combined profit from BTC and Altcoins could amount to around $400,000 - $450,000. After repaying the $30,000 borrowed from the exchange, you'd be left with $370,000 - $420,000.

In summary: Starting with an initial investment of $26,000, you could potentially make $370,000 - $420,000.

In previous cycles, I often found myself struggling to find the answer to the question of "when to sell BTC and switch to Altcoins." BTC is meant to be held, not sold, and even more importantly, never sold for Altcoins. Simply hold onto BTC and when there's an Altcoin wave, use your BTC as collateral to borrow funds for Altcoin investments (ensuring borrowing remains under 30% of your capital). Now, with the increasing choices offered by the DeFi market compared to past cycles, this method proves quite effective for the strategy of using BTC as collateral to borrow USD for Altcoin investments.

After all this is full of expectation, there's no such smart investment in altcoins, you're only hope the token you invested will going to 10x in bull season.

Assuming the bull season will happen in the next 2 years, if you borrow $30,000 now, you will pay $30,000 + interest rate. Most likely they will use floating interest rate than flat interest rate, so you will pay more especially you borrow for long term.

What if it goes wrong? assuming you will need to pay $35,000 and you lose everything in altcoins, you're use the profit in Bitcoin investment to cover up your mistake.

Referring to altcoins as "assets" makes no sense since at best they are a worse version of penny stocks which are garbage stocks from garbage companies 99% of which have no future whatsoever. Altcoins are the same, majority of them are absolutely useless and they are all created for pump and dumps which are risky to get involved in.

In any case, during the "bull cycles" if anyone wants to touch altcoins they should firs prepare themselves for the concept of pumps and dumps otherwise they will be dumped on and become bag-holders. It is of paramount importance to know when to sell altcoins and how to do it quickly.

This is why we always suggest newcomers to stick to bitcoin alone.

Never have all your eggs in one basket. So with this reference, I can say you should prefer to keep your money invested in some solid projects including Bitcoin. Ethereum is a safe choice.
You need to your own research for this. Just do not invest for 10x or stuff, invest in the technology or the target of the project. See how you can use the coin, and what the devs are working on.
Just do not invest in any random project which promises and does nothing.

I don't think you can find an accurate answer of when to move from Bitcoin to altcoin. The crypto market is dynamic and the occurrence in past bull runs may be different from the expected one. Another problem will also be how to identify the altcoin that will give your targeted profit. The worth of many of these altcoins can disappear in no time. Don't also forget that during the bull run, there are high rates of scam airdrops targeting to reap off unsuspected investors.

It is not good to put all your eggs in one basket but it is better to put all of them in a dependable one than to face the risk of losing them when it is put in uncertain ones. If you are not experienced in such smart investment moves, Bitcoin is the surest asset to hold. The profit from Bitcoin might not be as big as altcoin, but at least you are sure that your investment is safe.

Bitcoin for the win. Bitcoin for me is safer. If you go with altcoins, there's a bunch of altcoins right now and some of them could stay until the bull run but the gains you will get are not sure, but with Bitcoin, you can guarantee and even if it is small, it's safe, you know it is safe at the beginning.
Another choice is diversify but highly suggest to have huge percentage of Bitcon.

@SeriouslyGiveaway (OP):
if you are looking for the "casino chance", I would advise you to focus on altcoins.
a generic coin (likewise a memecoin) is more likely to make a higher rally than bitcoin in a given period.

if, on the other hand, you try to buy to get a "value back", or you have not set a specific time frame, you should point to buy bitcoin or at least for a coin that you can use in some way (for example by staking it, paying for services, etc...)

I am never going to be one of those that believe that altcoins are not worth investing your money on, because altcoins play a big part on my journey to success in the past years, the only thing here is understanding the difference between altcoins and Bitcoin investment, and the best advice is to never put all your eggs into one basket.

Altcoins investment Facts.

1. Most altcoins don't ever see a new all time high again, once they do well in a bull market it's over for them.

2. Most altcoins won't survive in a bear market, before a new bull market gets here they would have died.

3. It's only in altcoins space that scams exists, there are many new projects that are showing up only to take peoples money and exit liquidity on the investors.

4. New altcoins brings the biggest ROI but they are also the most risky investment, if they go down they go down hard and fast.

Bitcoin investment Facts.

1. There is no reason to be scared of scam when investing in Bitcoin, it isn't a smart contract enabled project like Ethereum.

2. Bitcoin always makes a new all time high.

3. You only lose if you sell your Bitcoin, unlike altcoins that can go down and never go up while you holding them.

4. You need good amount of money invested in Bitcoin to make better ROI, Compared to altcoins, investing only 100$ in a good alt can bring you better ROI than investing 100$ in Bitcoin.

The fact that Bitcoin gives everyone the guarantee that it is the best investment option in cryptocurrency doesn't mean it would give you handsome returns in the upcoming bull market. I think if you invest in the new-age blockchain projects or the ones improving the existent blockchain the returns on your investment would be good. For example, projects like Matic, DOT, Solana, and others are very cheap at the moment. During Bull Run, you can easily expect them to generate a 2x or even 5x return.

Another good investment if you can take a risk is shitcoins. There are many in the market, but some are being constantly promoted by a billionaire. If you invest in them, you might gain up to 10x return on your investment. IMO you should have everything in your portfolio for you to gain good profit in the next bull market.

Never put your eggs is one basket is correct, but i don't think that idea should apply to diversifying into BTC and Altcoins, it is more logical to put those 'eggs' into other investments that aren't intrinsic to crypto, investments like Real Estate, Gold, etc.

Altcoins are 'wild' and if you haven't invested in them before, i may advice you to forget about that option. There are seasoned altcoin investors, :D who know how to sell fast when it comes to the point of dumping, if you buy with them when the alts pump and help them pump the price the more, when it begins to dump, they will dump or sell on you before you know what's happening, leaving you with worthless coins. :D

OP, your post is extremely optimistic  :). It just doesn't catch the possible downsides of crypto investing in which the inverse can happen. However to answer your thread - I'd personally go with bitcoin if I was a noobie which I am.  ;D Being burnt on buying anything outside of the top 20 coins has been historically painful

You are actually right especially the quote "never put all your eggs in one basket" which I apply to myself. But if we're talking about investment such as Bitcoin and Altcoin, it would be the best to invest at coins that are really have the potential to reach x10 in the next years like Bitcoin. Cause I think putting some eggs in altcoins could be consider as quick-flip due to it's value it's too random so it wouldn't be a good idea to invest at it with a long term idea. I have loss some funds and profit as well in altcoins like the meme coins due to FOMO. Researching at some projects is actually good, cause having an alternative investment is still a good idea in case one's failed. You won't loss funds if you're planning to hodl it for long. But some coins couldn't even last years and could reach below $1.

Amongst all the cryptocurrencies today, bitcoin is the only coin that has the higher tendency of recovering back its normal price after a period of volatility which is expected at the time of bull run. This does not give a guarantee that there is still a maximum return on investment when you buy bitcoin but the risk will be minimal when you buy and hold bitcoin for the bull run.

Altcoins are known to always shoot up at the time of bull run, so people will like to take advantage of that not knowing that they are actually taking a big risk in their investment. Altcoins have little or no confidence to bounce back after experiencing a volatile market. Most of them leave the market if they cannot cope with the market. It is not an ideal investment but can be taken by measuring the level of risk you’re intending to undertake with investing in them.

It’s indeed an amazing strategy but you can’t always get it right you know, what if you miss the timing, because like we all know, timing is everything, just take for instance you buy your 1BTC and then right after you buy it and expecting the market to surpass its previous peak and then you get the opposite and it comes crashing down for another couple of years and not even getting close to the previous peak?

Or let’s assume it does exceed the previous peak and then you use it as a collateral to borrow what, 30% of your money to invest it in the Altcoin without actually knowing it’s already in the dumping stage and then you throw all that money into it and  everything goes all bazaar and comes crashing down on your face and you loose your 30% leaving you with little or nothing and then coincidentally BTC takes a left turn due to one reason or the other and the price starts dropping and then the exchange takes back the 30%. What exactly are you gonna be left with?

I do believe it’s an amazing strategy but I also think it’s a 50/50 thing, it’s not a 100% sure it’s gonna go as planned, something could go wrong along the way which could amount to a loss. I just think whatever investment strategy you choose to employ, you should weigh the risks  as well as the success possibilities

I understand your point: Bitcoin cannot multiply itself in value as it used to in the past. It's currently trending at $26,000, and a new ATH would get you to $70,000, yielding approximately $40,000 to $45,000 at most. It's funny how we're talking about thousands of dollars like they're peanuts. However, if your strategy is that simple and efficient, why doesn't everyone do it? I'm not trying to be offensive by any means, but no established altcoin, such as Ethereum, BNB, Polkadot, or many others, is going to go x10 in value either.

You're mostly referring to pump and dump coins, or generally those that are hyped and are extremely volatile from the moment they're listed. Although it sounds like a great idea, it is not as simple as that, not to mention how risky it would be to invest $25,000 in altcoins that you may not be familiar with. The concept that Polkadot, for instance, or any other low-priced altcoin is more likely to double, triple, or quadruple in value is completely false because that would require billions in order to reach the necessary market cap and ultimately the price we're discussing.

It seems that this question is upside down, doesn't it? because it should be when to sell Altcoin and switch to Bitcoin. But keep in mind that Bitcoin cycles cannot be equated with altcoins which are easier to manipulate quickly. Even when the Altcoin bull market will turn things around 180 degrees. Therefore I did not include a budget for any altcoins. My goal is quite simple where the Bitcoin handle is the ultimate safest peak of pump and dump manipulation activity. Do you think we humans are perfect? who can endure beyond our means. I mean running bulls come and still Hodl? don't sell it at all, even if it's only 1%, then where is the beauty of investing in Bitcoin if you don't enjoy what we should feel because it's gotten to the point where anyone will take advantage first rather than just watching it. .

It's going to be unfair to say go with bitcoin when the crypto markets have quite a vast number of coins (altcoins) to choose from..which means keep an open mind and invest in both as a way to diversify your portfolio should be the perfect strategy.

Btw bitcoin will not always be the coin with the best ROI, so if it's catching coins with decent ROI diversification is the name of the game.

If your strategy is to catch the low or peak of the market,  then you are better off learning some technical analysis to buy  some bitcoin once all requirements are met.

It's based on your investment,if you had huge money like 1k-2k dollar for the investment.The better option for your investment will be Bitcoin,If you are investing like less than 500$.The better option will be the altcoin,Ethereum and ADA will be the better option.Since the investment is low, it's better to keep your investment in ADA.The ADA is the good and solid project,the price ADA will reach some good value after the bull run in 2024.

The only part of your post I disagree with is this.
Diversification in my books is when you buy "assets" that are not related to each other. Meaning if one dumped the others won't follow. We all know that this is not true about altcoins, each time bitcoin makes a move they get dumped. That makes them terrible for diversification.

Not putting all the eggs in one basket in my opinion should be investing in bitcoin then in things like gold, stocks, real estate, etc. that aren't linked to bitcoin or vice versa.

The strategy from @OP is only for people who already have a lot of experience in investing in crypto. But if anyone asks what to choose for the next bull run cycle, Bitcoin will be the answer. However, they can still invest in altcoins for the short and medium term to maximize their profits in crypto.

But it will not be easy if they want to invest in altcoins because they have to look for potential coins to increase. It will take a while to determine, depending on your skills in analyzing each coin. And don't borrow money from other place to invest in crypto because we don't know when our investment will start increasing.

But don't forget to give a bigger portion in Bitcoin and make Bitcoin your main investment. And investing in altcoins as an additional investment that can provide additional profit as well.

I also agree with you because crypto is not like forex. I believe with Bitcoin dominance because that is what I have seen in the market. Everytime the price of Bitcoin goes up, alts will follow. No matter how strong the currency pair is, it's still get affected especially if there's a massive dump in Bitcoin.

Aside from that, o maximize earning, diversification is the key because those high volatility alts has a potential to make its price quadruple or more. And you don't exactly know which alt is it.

It depends what your risk tolerance is & how much capital you have to invest. For me personally I would advise bitcoin only, I was an early adopter though so I am in a different position maybe. You can make more money in certain alts but you are playing the altcoin roulette then aren’t you. You are just as likely to get rugged or something. If you buy bitcoin now you could make 5 or 6 x your money in the bull run. If you buy the right alts you could do a lot more than 5 or 6 x. It depends how much risk you are comfortable with though.

Stop talking Altcoins here, we prefer you to ask "what needs to be prepared for the upcoming Bitcoin Bull Run cycle". Bitcoin is always at the forefront under any circumstances, small recent corrections can be added to your investment agenda to welcome the arrival of the Bull Run.
If you are full of confidence in the upcoming cycle, immediately do something that can bring profit when the Bull Run arrives. Bitcoin has proven to be able to survive even though there was turmoil in the market, we always believe Bitcoin will be able to break the previous ATH to set a new record in the next few years.

Look, I've made some difficult choices in my time. And the same holds true when it comes to the world of crypto. You have a promising strategy, but as any effective leader would tell you, there is no one-size-fits-all solution here.

Your strategy for using BTC as a stronghold and then leveraging it for alternative cryptocurrencies? This demonstrates innovative thought. However, it is essential to recall the market's unpredictability. It is similar to attempting to anticipate what Joe Biden will say next.

If you have the resources, why not hedge your bets? Divide this investment. While BTC has proven its worth in gold (or should I say Bitcoin? ), alternative cryptocurrencies have demonstrated considerable promise. And regarding borrowing, remember that it is not free money. Be cautious, diligent, and above all, never invest money you cannot afford to lose.

I disagree with your approach. OP, Altcoins are not trustworthy at all, and the fact that you would be borrowing money and using some of your bitcoin as collateral is the dumbest thing you could possibly do. What if things don't work out as planned? You'll have to use your bitcoins to settle the loan.  Many altcoins appear to have potential during a bull run, but we all know how risky investing in them can be. Since you are considering investing up to $30,000 into altcoins, that means you will be investing in a lot of altcoins, increasing the possibility that you will invest in a scam project. Don't be fooled by the term "bull run"—you still need to be cautious as you always are. Scammers are aware that during bull runs it is easy to draw in enough victims because many individuals will be in search of the perfect investment.

Altcoins are promising and can generate huge profits but can’t be fully reliant on them and you would need a different approach if you want to be more efficient.

I read OP's post and, you know, some thoughts immediately arose.

- Why be greedy? Bitcoin shows a very high yield compared to other investment instruments. I understand that there is never a lot of money, but all these additional actions with a loan and investing in altcoins create unnecessary risks. I would say unreasonably high.

- Why borrow? If at some stage of your scheme something goes wrong, then your entire ingenious scheme will collapse, but the debt will still have to be repaid. There has long been an opinion in the BTC-community that you should never invest in crypto with borrowed money. This also applies to your situation.

- Do I understand correctly that by placing btc in the cross margin, you lose control of bitcoin? This is another weak point in this scheme. Never, under any circumstances, give your BTC for safekeeping to others.

- Why don't you like "just hodl"?

Considering the past information, altcoin investment is mostly unreliable. You assume yourself taking a big risk when you get into it. The best thing to do is to invest in bitcoin thinking about the prior bull runs. There is high tendency of making profit at the end of the day, than taking a big risk of altcoin investment and being uncertain.

I hope the alt coin shit dies and that market cap pours in BTC. I really don't expect much more from altcoins than a few flair ups or Elon comes out like the Doge incident. So many it's stupid and diluted.

I quietly went by but the new EDX exchange (big boys) seemed to breath some interest in Litecoin and Bitcoincash. They utilize "The exchange offers trading in Bitcoin, Ethereum, Litecoin, Bitcoin Cash"

https://en.wikipedia.org/wiki/EDX_Markets

I will be sticking with what the big boys do going forward.

Some big businessmen and traders say that sometimes you have to take risks to win and this can be true to a certain extent and in certain circumstances, but with digital currencies I think we can see it differently... when we talk about risk, we can focus on this issue, as the availability to risk investing in these, the problem comes when you have to decide which of them, since the arrival of bitcoin many other versions of this called Alcoins have come out that have tried to improve the characteristics of the original but many of these projects have failed, so if we take this into account, it could be said that for many the best option is bitcoin, and it is with the only currency, which personally I would dare to choose for this bullish cycle and for any other time...


Now if my income is good enough, I would choose to do what you indicate, because I agree that it is better to play it safe where you put your capital, real estate and gold...especially gold...they are options that can provide security, I would definitely go these roads.

Going with Bitcoin is safer than buying and accumulating the altcoins. The main reason for this is that we know that bitcoin will reach its all time high in the next cycle but we cannot say with certainty about altcoins. Also, there are so many altcoins, and we never know if the altcoins we invest in, may not perform as expected or may not be available by the time we have the next bull season.

There are many altcoins that perform well in one bull cycle but are nowhere to be found in the next bull cycle. Due to this, we should invest the majority of our portfolio in bitcoin and only risk a small percentage by accumulating good altcoins.

I didn't recommend that people invest in those assets because they are safe in themselves, not at all, there is risk in investing in any asset, i was talking about the notion of "never put your eggs in one basket" or "diversify with your money", which i obviously agree with, but what i disagree on is buying BTC and alts to achieve that. These are assets that are obviously related to one another, doing things the right way would be investing in BTC and another asset that is unrelated, like Gold for example.

That's correct; all coins, including Bitcoin, are correlated to each other; when Bitcoin crashes, the rest follow. Thus, this rule can't exactly be applied word for word. However, it does apply in cases such as Terra, XRP, or Fantom, all of which were coins that were dumped for a variety of reasons that weren't directly associated with a market crash. So, diversification helps you avoid losing money on coins that fail over the course of their lifetime. I don't see how diversification in altcoins could lower the risk; certainly established ones such as Ethereum and BNB are safer options, but that doesn't change what has been mentioned earlier.

It is clear if the person does this kind of post as explained all because of a supposed bull run approaching. It is okay to expect such, it is only wrong to be confused as to which invesment would be more profitable than the other.
I would go with BTC, firstly before considering other options because of its track record of being profitable during a bull run cycle for once.

The amount of money you expected might not happen and if you choose altcoins then the chance of earning that profit may decrease especially if the altcoin that you chose may not be a good altcoin. If you decided to pick altcoins instead of Bitcoin then I recommend that you should buy the altcoin that is included in the top 10. What I mean is that altcoins that isn't in too leaderboard may not be profitable or you can see any promises that it will boom during bullrun.

I say you should diversify. Sometimes putting all your eggs in one basket's bound to cause you less profit in the long run, and more losses in the process as it forces you to play around a single asset, whereas diversifying your portfolio could literally allow you to rake in profits from different assets and all that. It's a simple concept but it works wonders. So in the case of investing on bitcoin only or on altcoins, the actual best option is a choice between the two. You might wanna do that if you want to maximize profits in the bull season.

You only assume that Altcoin will continue to pump right after you manage to get profit from Bitcoin by hitting the previous peak. The calculation is very exaggerated since the only potential growth of Bitcoin that time will be only small since it pumps along with Bitcoin and there’s a low chance that Altcoin extend further it pump after Bitcoin slow down.

Using cross margin is not a bad idea but doing it while most of the token is already pump hard will give the chance to liquidate your hard earned capital since you use it as collateral.

You are forgetting about interest rates and the risk involved in this process. Because no one says BTC will really exceed $70k, the number definitely says that BTC has more potential, as I just replied to a post in which the OP said BTC has the potential to cross $170,000, but still, nothing is for sure in crypto, so do not make decisions that could ruin you and do not play out of your league too.

But if you have enough funds to back your things up and your life will not be effected by the downfall of your plan, then you should really follow this plan, as this plan has more benefits and gains than just holding the BTC. But to be honest, I am against margin as we have to pay interest, and that's something I do not encourage people to pay.

Due to many reasons, I discourage interest, but I still like your plan. The risk is still high, so be careful with it. And are you just sharing it here or are you also going to follow it too? If you are really going to follow it, then I would love to see the outcomes once the BTC reaches ATH.

Plus, I did not mention the fact that how ALT's coin investment will turn out might be one that could cost you a lot.

I'm surprised you asked that, OP since we all know that altcoins have more room to grow but a higher chance for failure using it to compare with Bitcoin is for me not a wise decision. I see altcoins as a pump and dump and even though they've got greater potential for offering reward for investment, they are still not upto par in my ratings of them. But it would be weird if I begin to make decisions for you based on my sentiments so it's best to take that decision by yourself.

Op the matter what, bitcoin is the king in the crypto world. So investing in Bitcoin is the best. Yes many are still thinking where to invest whether bitcoin or altcoins. The best asset to invest in for the up coming bull market is bitcoin and bitcoin alone. When you look well, the bull that is coming is not even for any other cryptocurrencies but for only bitcoin and the altcoins can only follow the trend of bitcoin so what is the need for investing in altcoins.

Altcoins give higher yields than Bitcoin if the person is lucky but I do not think it is worth taking the risk of picking these altcoins since the majority of the newly launched crypto projects do not offer innovations instead are here to milk investors of their money.


I also discourage the thought of borrowing money to invest in cryptocurrency, although with the performance of Bitcoin during the bull run, it is no doubt that it has a higher chance of profit success but investing it on altcoin, it would probably be devastating.

Assuming that altcoins are a pump-and-dump scheme that is not entirely the case with some of the top altcoins.
You should look at Ethereum which is the king of altcoins and always follows Bitcoin.

I like both Bitcoin and Ethereum because they have clear developments and strong communities.
Altcoins do not always provide a high chance of failure, just look at what Altcoins you hold.
If you hold untrusted memecoins and altcoins it will be more risky to lose.

Bitcoin is the main investment and there is no doubt about it, while Altcoins such as Ethereum are second optional for long-term and short-term investments.

I think BTC is still the best choice. Although altcoin maybe give us bigger opportunity to gain profit but not all altcoins are good also there is no guarantee. but if you really want to buy altcoin maybe popular altcoin can be good choice. Maybe Eth, BNB, Tron, Ftm, or some new popular meme coin are good but there is no guarantee, it is just my opinion.

Not many people can have $26,000 and are willing to use it as an initial investment in bitcoin.
Most people will start with a small amount of money, trying to learn it first and see the situation when they can buy again.
But if it is a bitcoin or altcoin investment, I still recommend investing in Bitcoin as the main investment while altcoins as an additional investment.
For when to sell the bitcoin, you can determine the next highest price, then sell it and switch to altcoins, but there are risks because you have to choose the altcoin, even though it's not easy.
But you can analyze the list of the top 50 coins, so there are not too many choices.

Your idea is good but such a decision may hurt you until the bitcoin bull session starts. If you buy 1 BTC now for $26k and think the bull run is about to start, if you borrow and then invest in altcoins, if for some reason the market goes down again or stays in the same position for a long time, you will have to pay a lot of money as interest. So I think holding to Bitcoin for the long term with whatever money you have, can give you the opportunity to make huge money with less risk over a period of time. If you want to invest in altcoins with a small amount of money possible from your own funds, it can be risky. Since there is a huge investment potential in Bitcoin, it would not seem logical to choose any other platform other than Bitcoin.

yeah, OP Your strategy sounds pretty cool, but with Bitcoin at $69k and you loaning about $30k from cross-margin, that means you are taking out about 43% from your asset. For me, it's an ugly, bad idea; you don't need to take as much as 43%; rather, 14.5% seems a bit okay. The reason I said this is because most altcoin investments have really ended badly (unpredictably) for many investors. So, what if after you have taken so much loan out on your 1 BTC (from the margin) and the altcoins you invested that money in were not profitable? That's going to be a total mess. Instead, I will suggest that one should rather invest that amount in some other asset that is not cryptocurrency-related. Also, there is one risk you forgot to mention, which is to leave a whole 1 BTC on the centralised exchange. Even if someone wants to carry out your strategy, I would not advise the person to deposit all their Bitcoin to the margin wallet in any CEX; rather, you can just deposit the amount you want to use for the collateral.

I appreciate your cautious attitude, but let me start by telling you the truth. You're mistaking Bitcoin for some sort of old stock when its not. Bitcoin is the wave of the future, and sometimes you have to be brave to ride it. So you're saying to play it safe and hold onto Bitcoin, huh? Saying we should have continued using horse-drawn carriages when the vehicle was invented is absurd.

The forces of supply and demand govern the market. The finite supply of bitcoin? Right there, you have a recipe for value appreciation! Indeed, there are risks associated with altcoins, but this is true of every asset. Diversification is essential to risk management, keep in mind. Even if its a golden Bitcoin basket, you shouldnt put all your eggs in one basket. Lets be creative, flexible, and willing to take calculated chances. That is how development occurs.

I just mentioned that I'll borrow 30k USD when BTC surpasses its peak, not right now. Investing in Altcoins at the moment is quite challenging, but when the bull run cycle arrives, most Altcoins tend to experience some degree of growth. Choosing Altcoins won't be too difficult, I believe. Even in the top 10 Altcoins, there are still options. If you're concerned about making the wrong choice, you can consider those top Altcoins, and the risk of losing money is almost negligible, unless unless you get hacked.  ;D

Thank you for a very promising idea. But what if I try to make it even better?

Global trend of almost all the altcoins is decreasing. Let’s just follow it right now, there is no need to wait for its short-term break during the next bull run. So, if I have 1 BTC, I can use it as a collateral for 0.5 BTC worth of altcoins and short them. Sooner or later they will be cheaper than now.

Probably, it’s worth choosing altcoins which are not at their ATL right now.

You mean if Bitcoin makes a move to the downside, all altcoins will follow and they will lose more, I understand you perfectly, but do you know that few altcoins have done really well since the beginning of this bear market? And today they are still in very good hands?

When everything was crumbling, few numbers of altcoins are doing very well, such projects can do really well in a bull market, related to each other my foot.

Once you find the altcoin very early you will never see a new lows for such altcoin anymore, for example those that are getting into launchpads are still doing well, they are mostly up 3x and more, like Arbitrum, SUI, SEI and few others.

Let's also look into Kaspa, no ICO or anything, in July 2022 when every where is bleeding badly, kaspa was at 0.0002$ and today it's 0.035$, do your math, those who bought in 2022 are already in gains that can only be possible in a bull market.

There are many others, I haven't seen Vaiot making a new lows yet either, now even PYR, cos I was waiting, as bad as altcoins may seems, few of them are very good, all that matters is entry point, buying early before the hoards.

Just because Bitcoin bleeds does not mean all altcoins get ruined, all because they are crypto projects.

There is money to be made from both, but you will expose yourself to more risks with altcoins, I just feel like this is the best time to start accumulating altcoins too, some will be 100x and some will be 1000x but many more will not survive on the long run, just understand that investing in altcoins has a big disadvantage over investing in Bitcoin.

The volatility of the crypto market affects altcoins more than Bitcoin, so invest less into altcoins since they are more risky and invest more in Bitcoin.

I invested 60% of my money into Bitcoin and 40% into altcoins, and I keep this going since I am still accumulating both every weeks and months.

It's rare to see a first timer on crypto that will buy a whole bitcoin on the current market prices. Most of newbies are only buying small portions to at least call themselves as investors. I myself is also recommending bitcoin for newbies because it carry lesser risk compare to other altcoin in the market but if we are talking about the possible profit we can get from the investments, altcoins would be the choice, of course not all altcoin will have the same standing on profit potential.

Always remember to not put all your eggs in the same basket, diversification is the key.

Bitcoin will lead the way so I guess it would be best to prioritize it however, it will never be advisable to put all of your money in one bucket, much better to diversify and with that  choose the biggest ones in the market coz these coins are having higher chances to ride the wave once bulltrend occurs. But be careful on your entry point; never be too patient and never be in a rush, wait for the 'right timing'. Right timing for me is at a price point wherein you can endure both pump and dump to save you from worries.

Also, if you're interested with some altcoins, expect high market price volatility  higher than usual  when bull run starts. At the end of the day, decision is in your hand so better create your best analysis to avoid regrets afterwards.

That's unfortunate but very much true that price of Alts are very much hooked with Bitcoin and till date we have seen that Alts are unable to make a move on there own. There are hundreds and thousands of Alts listed on CMC but hardly top 20 or 30 are worthy for investment. Alts are just like part of bitcoin, so it's better to invest in bitcoin which has more turnaround and moves the crypto market.

If op wants to make high profit and take high risk then can go with Altcoin. But if he wants a safe investment then he must go with Bitcoin. Bitcoin is a potential currency that can definitely be profitable if held for a long time.  However, holding altcoins can sometimes be seen as scams. As we have seen before Luna and FTX have a big crush. However, this is not the case with Bitcoin.  So in my personal opinion the op is better to go with Bitcoin for the next bull run cycle as a safe investment. However, investing in Bitcoin is also risky.  But there is much less risk compared to altcoins

If you consider bitcoin an an investment opportunity for this coming bullrun then you're on the right track, if you invested on altcoins then you're going for risk in which it's outcome could not be predicted, you may expect them to experience bullrun while the outcome may turns bearish for any altcoins invested, to remain safe you should maintain what you have certainty about which is bitcoin and avoid avoid any risk that will later lead to scam and loss of asset

It depends on the amount of capital that one has to invest, if you have something less than $100, I suggest sticking to 100% in Bitcoin just to begin with and if you are a newbie, learn and watch out how the industry goes to gain experience and by then you will have to know if investing in Altcoins will interest you.

Then for someone who has more than $100 to invest, 70% into Bitcoin seems good and the remaining 30% should be risked into any Altcoin of your choice.


 

Much depends on how much a beginner can invest. If the funds allow, he can split the funds and buy bitcoin and some altcoins, but the choice of altcoins is a complex process and can lead to both making good profits and losing funds. If there is no proper knowledge, then altcoins can only lead to a loss of money, in which case Bitcoin will be a more reliable choice. When I was a beginner I chose altcoins, but I couldn't take profits when I needed to, so there are a lot of complexities besides choosing what to buy.

All of this is just your assumption, and there is no certainty that these plans you think of will happen In short, it is still your opinion that still has risks attached. Because no one really knows what will happen in the future, and you know that.
What you're saying is also a bit difficult, what if your expectations don't come true? You will have more problems because of that interest. Then there is still no certainty that by next year the bull run will actually happen, that's just the claim of others that entering 2024 will be a bull run. But it's not certain yet, that's the truth.

Bitcoin will always be the prime concern because of its higher cost although its down at the moment but this is also a good time to grasp it for longer time. Altcoins can also be profitable but as the profit is higher so chances of going down in a second is also realisable so selection with sharp mind is needed.

There are lots of people who cannot buy bitcoin due to higher price so they will prefer altcoins as its return is very huge if the market is going in upward direction. Actually no coins is trusted to be higher in future as market is not straightforward but bitcoin is suitable as compared with other altcoins.

In cryptocurrency investment people do go for a currency that have a good reputation during investment, comparing altcoins and bitcoin they are different currency and they way I'm seeing bitcoin its what people values more for investment, while bitcoin is been valued is because whenever you purchase bitcoin  and their is a bearish market in cryptocurrency the bearish market does not go along with to the extent of making bitcoin to die, but in altcoins, some of the altcoins doesn't survive long time bearish market and any of the altcoins that doesn't have potential do die on the process, so that is its good to invest in altcoins.

The method you have just presented is really good and could work effectively if the investor knows exactly what to do. However, it does require an initial investment to generate profit. This profit can then be reinvested in altcoins as you mentioned already. Personally, I would allocate more of my investment towards Bitcoin than altcoins. I believe that Bitcoin's price has the potential to hugely increase in the next few years and would make me be in a huge an insane profit.

People could just purchase Bitcoin now and hold onto it until it reaches a new ATH. At that point, they could sell a portion of their Bitcoin holdings and use the proceeds to purchase some altcoins for trading. There are numerous strategies one could adopt, but the most suitable approach largely depends on the investor's preferences and goals.

Taking consideration about the halving, it is the right time to make your entry into the market. Having a diversified investment seems to be fair than going on a single cryptocurrency. This means the trend will be followed by the altcoins. Based on the movement of bitcoin will be the move of altcoins. In such manner we'll be able to experience the best when we have diversified investment. The market is at the bear and making use of the opportunity and holding will give the best return close to halving.

Yes, a agree with you that for newbies who intend to invest in crypto, Bitcoin should be their choice, whereas for experience crypto investors who intend to take risk, then altcoin should be their best try, since the truth of the fact is that altcoins are always more volatile compared to Bitcoin, and it will be of more harm for a clueless newbie to jump into it without prior knowledge of knowing how it operates, which as time goes on, likely to gain more knowledgeable about investing in Bitcoin.

If you're really into Altcoins then you should definitely give enough time to research and testing because many times top 10 altcoins also got devalued without any warning. I would encourage you to study the case of Terra Luna because once that coin was also among the top 10 cryptocurrencies but in a week it lost most of its value and many investors have lost a lot of their investment due to Luna crash.

There have been other cases where top 10 altcoins suffered such devaluation and that's why I recommend you to be careful when investing in altcoins even if the chances of success may seem higher in one or two of them but still we can't trust that what will happen with an altcoin. I would encourage you to invest in Bitcoin only if you want to be on the safe side because Bitcoin will most probably get higher in value during the bull run.

If you still want to go with the altcoins then I recommend you to stick with the ones that have been doing great for many years. Some people may recommend you to go with Arbitrum or Polygon (MATIC) but I think those are still new in market and both of them can suffer huge value drops. I'm sure that if you diversify your $30k on ETH, BNB, LTC, Doge, and to some extent XRP, then you'll still be safe from losing your capital. The XRP may not get much higher in value but it's the safest among all of those because it will continue to survive in next bull run.

From your expectation it seems that you are looking for the really high returns that are going to be life changing. Your starting investment it a good size to be split up into multiple coins and at least for me I would always prefer to reduce my overall risk instead of aiming for the highest possible returns. The next step for you is to take out loans to make even higher returns, which is a great move to the maximise returns. However, in case you are wrong and the market turns against you than you are going to lose your money twice. First in the market and the second time when you have to repay the loan. For me taking out loans for investing is too risky, I can't handle the stress with high volatility and will stick to only invest money that I already saved before. So, if you are really going for the highest possible returns than the Bitcoin market seems as not enough for you and it would be better to focus on Alt coins. In the alt coin market, the volatility is much higher which can lead to much higher price jumps. As long as you can handle bigger price swings then I would be allocating most of your money in the Alt coin market.

Holding BTC to me is gold, Altcoins are cool to buy but not at the expense of BTC, but borrowing, using BTC is just another wonderful idea but what happens when the there is a flash crash like we see these days, it means your BTC has evaporated and then the Altcoin still remains, this to me is another way of selling BTC to buy Altcoins which I detest greatly. So, I'll just stick with holding my BTC

I like yur idea Op it is a very good and low risk strategy for next crypto bull run, but it will work fine for experienced people they can speculate with high probability when to borrow or and move towards altcoin.

I still have to prioritize bitcoin over altcoins but it does not mean that I won’t be investing in altcoins anymore. Altcoins are just an alternatives to bitcoin, so by putting a bigger allocation for bitcoin and then the remaining small amount will be for altcoins. That way, I can maximize my profits through bitcoin when bull run is happening, and will never miss some profits for potential altcoins as well. Diversification is a must for me. If not for altcoins, then probably bitcoin mixed with stocks or real estate, that would be impressive investments I know.

It cannot be denied that some of us here have been earning bigger profits in altcoins more than bitcoin, but the question is are their being profitable sustainable enough? Because we all know that altcoins are just pump and dump scheme, one day they’re up, the following day they’re totally down. So I cannot compromise myself particularly my finances to trust altcoins more than bitcoin. However, I believe we vary with our own decision making. But as a piece of advice, learn to weigh things first before you jump investing into a bigger amount. Established altcoins have the potentials to succeed, but with bitcoin, there is high security and guarantees that it will never end up as dead coin like most altcoins do.

If I were you, I'd put it all in Bitcoin.

I'd risk it on altcoins but that would require a lot of research and decision making so I'll go for Bitcoin instead. It's better to invest on something more solid and strong rather than risking it to a quick rich hoping scenario that would happen. Just make sure to put that Bitcoin in a well reputable wallet, but don't put it all in just one basket, for some assurance that in case your wallet got hacked, at least you still have another one that's store the other half of your bitcoin.

How is it low risk since your 1 BTC will be held by a lending platform during the whole time your loan is active? There are serious risks you can be scammed by the platform, especially if Bitcoin skyrockets meanwhile, so everything you are going to have are the altcoins under your possession, losing the most important and valuable asset, which is Bitcoin.

I think this is a greedy and dangerous strategy. It would be better to just hold Bitcoin inside a wallet controlled by you, waiting until it hits a new ATH, so you could sell your holdings and buy the same amount you had once the price falls again, maintaining your holdings, while cashing out some profit.

This is the biggest problem with your plan: if your financial situation requires you to borrow $30k then you're simply not in the position to take such a risk. I love bitcoin but, as much as I trust it, I would never take a loan in order to buy more, bitcoin or other cryptos, because if for any reason the market collapse quickly you could end up in a very bad situation. Just invest what you can afford to lose, don't make calculations based on money you don't actually have.

Bitcoin all the way. Bitcoin is the best crypto in the market. You may not make 100x with btc but you are not going to lose money if things go south too. With alts, yes you may make x100- x1000 if you are lucky but that's they keyword here... do you feel lucky? Why even take that risk? If you feel lucky just play dice. Investment is a serious business and bitcoin is the most serious crypto out there. There are a few good alts too though. Maybe you can try eth, ltc, xmr but I wouldn't bother with them. Just get btc.

In an investment we need to consider the risk, between an altcoin and Bitcoin, it is established that it is way much safe to invest in Bitcoin.  Aside from that, the current situation of the incoming halving of Bitcoin states that the market is about to become bullish, and we know that during the bullish run of Bitcoin in its 4-year cycle, it always happen that it tends to break its all time high which often gives its investors a huge profit.

Just do remember that investing even in bitcoin will take some considerations on your end.
It depends on your financial conditions when you get involved with this market.
Assess your situation if you can wait longer before you can sell. Just hold off if you are not ready in this market.
So choosing between bitcoin and alts, relies on how well you know each market and how ready you are in facing the possible hurdles that may come while you are still holding those coins.

We all have different experiences with our crypto investments, some have been highly profitable on bitcoin while some have been making excellent profits with altcoins. So no one can decide for the other person. However, if we know how to diversify and include them both as our investments, then we will have no problems or missed opportunities in the future. Invest in both of them with caution, and learn to assess from your own experience which one deserves bigger or smaller allocation, so that you can still gain profits from both of them when bullish market happens.

True that every investment have their risk but in this scenario I am comparing the risk between altcoin and Bitcoin which many of us established that Bitcoin is way safer than investment in altcoins.  Plus the current situation where Bitcoin is about to transition to bull run in the coming years, it is better to invest in Bitcoin now at least investors can rake profit at a shorter amount of time, and can always reinvest when the market price goes down.

I do agree that it also depends on the financial condition, if someone had the money then considering the amount of risk involved, it is advisable to choose BTC for an investment.  For me it is better to have an average profit than aiming for a one in a lifetime gigantic profit but have the possibility of 99% being scammed.

Absolutely, I agree with you regarding Terra Luna being one of the toughest lessons for crypto investors in 2022. However, let's not forget how massively Luna grew when Bitcoin broke its previous peak, right? So, if you don't get too greedy, imagine the profits you can make with Altcoins, including Luna.
Thank you for your suggestion, Arbitrum is also one of the good coins in my portfolio for the upcoming bull run cycle. I have strong confidence in the L2 trend taking off, and Arbitrum is one of the platforms that shouldn't be overlooked.

It all depends on your expertise about understanding the market. Some understand bitcoin market well while some are proficient at Alts. For me bitcoin is the primary choice of investment as I find it the controlling agent of crypto market. See if bitcoin is up everything is up and vice versa. Its better to have a ratio of 70:30 between bitcoin and alts. Alts are mostly dependent on bitcoin for there bull runs.

Out of the altcoins in the market, only ETH so far stands out for me that is worth to DCA (dollar-cost averaging) in preparation for the upcoming bull run cycle on top of holding my BTCs.

When I have started to DCA with Bitcoin early last year, I knew that I'm not gonna do the same mistake again of getting in to BTC early. Although the first two DCAs I have Bitcoin are losses which I've bought them around $30k and $31k respectively, the rest however are already in profits when I have bought it between $19k to $23k range until my budget can't take it anymore.

I have never thought of using BTC as collateral for short and mid term altcoins. I am already fine with BTC and ETH as my long term ones before the bull run commences anytime.

30k is a scary amount to invest in altcoins even if you know that an altcoin boom is coming in the horizon, I've learned my lesson about altcoins last season so I don't want to repeat the same mistakes, I'm better off just waiting for my bitcoin to grow and hopefully sell it at a favorable price and then hopefully get in quickly to it. OP's plan is feasible and attractive to follow but that will be the possible scenario if all the stuff that OP mentioned exactly happened and we know that the cryptocurrency market is a volatile market and you will never know what's going to happen even if you are good at market analysis.

Alts depend entirely on bitcoin. But one thing we should not deny is that investing in altcoins is very risky but the profits it brings us are not small, if not their profits are many times greater than bitcoin brings. I understand that investing in bitcoin is safe but don't ignore altcoins either, especially during bull season when most of them will go crazy in price. High risk, high profit, depending on each person's thinking, I have made a lot of profit from altcoins in 2021 so there is no reason to ignore it.

In my opinion, investing in bitcoin or altcoin is a personal choice, we cannot say that bitcoin is the only investment worth investing in and all altcoins are useless. There have been many people who have made great profits by investing in bitcoin, but there are also many people who have changed their lives by choosing the right altcoin to invest. I really like bitcoin because it's safer than altcoins, but I also don't hate people who are investing in altcoins and ignoring bitcoin. Because after all, the ultimate goal is still profit, so whoever has more profit will follow their investment philosophy correctly.

If you always diversify your investments, then it will be great for you on long run. You need not have to rely on particular one asset. If you ask me Bitcoins or alts, then I will definitely say Bitcoins. It’s because the marketcap of the coin is high and unlike other alts, it’s limited in numbers. Hence it is very rare. So there is high chances that if demand increases to buy the coin during bull run, then the price will go up. Moreover if you want, you can buy few alts too, for backup purpose.

I totally agree with you on this. Altcoins is easier to flip but highly volatile than Bitcoin but people see things differently as driven by their motives, even newbies can not say for a certain that which is best until they do their due diligence on which and what to buy in order of priority as it concerns profit making.

That's really a good advice but not for beginners, it's really for those who actually have experience in trading, know what happens during the bull market and know what they are doing. The hardest part is to choose a good altcoin that has the potential to rise. Not only the technical background of altcoin matters but it's also very important what the team is doing for its marketing and promotion.
My advice would be to not listen to Redditors and twitter users when it comes to altcoins. They love to write bullshit like it's going to the moon, APE APE and so on.

This is really the number one advice for newcomers to stick with Bitcoin, but I would say, coins like Ethereum are a safe choice too. By the way, when you hold bitcoin, you know you don't face the risk of holding a scam coin that is pumped and dumped by a group of people. Any altcoin can go wrong anytime and that won't affect bitcoin but if bitcoin goes wrong, the whole market goes wrong but there is a very high chance that bitcoin is the least coin to go wrong from the whole coinmarketcap list.

Indeed it is scary if you are investing in new projects but if you are investing in ETH, you are going to have peace of mind. But yes, $30k is quite huge enough to put into a risky investment even though we know that ETH can be trusted or ideal for long-term investment. If ever I have that amount in hand, I will put some amount to other form in investment or start a business as in the case that we lose in crypto, we still have other way to recover those losses from other investment and income resources.

Investing in altcoins shouldn't be done with much money but only the amount that you can afford to loss. Altcoins can be hype by the dev and the price will pump 100X and before you know it,you that invested at that time becomes the loser because in no time,it will turn to zero,leaving you frustrated. It is better to invest in bitcoin and hodli for long and get profit from it during the bull run. Than to invest in some altcoins that would give you sleepless night. The most valuable cryptocurrency is bit coin and the rest are duplicates.

I can feel your enthusiasm. Bitcoin is the ONE, its true. The original. That said, not all alts are garbage.

Although some altcoins may be unstable and appear to be "duplicates" alone, innovation necessitates trial and error. Some of these alternative currencies offer innovative technologies and use cases that have the potential to revolutionise certain sectors. Additionally, variety is essential.

Even if the basket is adorned with the Bitcoin logo, its always a good idea to conduct extensive research and spread your investments out. Let's support Bitcoin, but not at the price of other possible cutting-edge technologies.

Bitcoin definitely has limited supply compared to popular alts like Ethereum which has unlimited supply. Its fair to say that crypto market stands on the shoulders of bitcoin and we haven't seen till date any bull run that is initiated by alt. That's why it's better to place your capital into bitcoin since its more safe there if compared with Alts.
I bought a popular emerging Alt few days back since there were speculation that it has so many unique features and it will go high. Now 3 months after my investment that alt is down and so is my investment.

No one recommends messing with alts. The risks of losing all funds overnight are too high. I agree with you that in the process of investing, diversification is simply indispensable. In the crypto direction, this is especially true.
But many still do not understand this approach and invest all their capital in one asset. What does this lead to? Already wrote above.

The cryptocurrency market is so wide that we have Bitcoin as number one, Ethereum coin and other alt-coins followed, so investment has to deal with spreading with a solid project or top 100 coins listed in Coin market cap (CMC) while waiting for the next bull run market.

A fine simulation, but calculating based on the best-case scenario alone would set expectations too high. I opt to maintain a rational and sensible mindset, as everyone possesses varying levels of luck.

If I indeed possess 1 BTC right now, which is equivalent to $25,700, I would hold onto it until the next bull run materializes. I'm willing to wait for up to 2 years to ensure that the ATH after the halving genuinely occurs.

At a price of $80k, I find it a more reasonable figure for the next bull run, even though the ATH may surpass that. I'd be content if it truly reaches the $80k target. I might decide to sell it all.

Then, I'd purchase some top 10 altcoins with the 15% profit I gain from BTC, perhaps around $5k to $10k. Ensuring the arrival of the ALT season to find a selling point that could yield +50% to +100% is satisfactory for me.

What happens if the bear dip hits first and then you're suddenly faced with a margin call, meaning you have to add more bitcoins to the loan?

It's a good strategy (for traders - not for regular people as it is very likely they will mess up somewhere down the road) if you know which altcoins to capitalize on, but like I said, it is more suited for people who pay close attention to the crypto markets.

For me, because the market is still uncertain until now, I mean it's still a bearish and very red market currently, I wouldn't buy any altcoin, I will just hold and slowly compounding my Bitcoin. With bearish market, buying altcoin is way to risky in my opinion, later on if the market has shown a promising bull run, only then I would buy some altcoins.

After bitcoin is now the centralized coin so are you willing to risk or not? Bitcoin we can say is one of the safe havens, and altcoins are not. The main difference is the possible profit and risk. In bitcoin even though huge investment you have but the market does not move a huge wave just a small profit you gain every day unlike the altcoins getting the ride with the bitcoin when the bitcoin moves there's a large percentage of increase in their part. Another thing is people want to risk in altcoins because of this possible large earning profit also we can include the shitcoins they are willing to risk everything just to get instant profit.

Some individuals recommend it, reading through this thread and you'll see many individuals asking the op to invest in alts while they know the risk that altcoins investment has. We have to learn from other experience as many individual that have invested in altcoins are filled with regrets as they lost money. Only few individual benefits from altcoins and these are the set of individual that were the first to find the altcoins and invested before it became popular.

Bitcoin gives everyone profits equally, nobody is dumping bitcoin on you like how altcoins are been dumped on late investors. You can't get scammed investing in Bitcoin so it's always better to invest in Bitcoin instead of been under the risk of losing everything to a scam altcoins.

Altcoins follow the bitcoin price movement. This means when the bitcoin turns bullish we'll be able to experience it on the altcoins. Only the percentage of rise varies. At times the profiting out of the altcoins used to be much higher in percentage against the profit from bitcoin. As most of the people suggested bitcoin gives the assurance of profit as well as gives a risk free investment access whereas altcoins aren't the same.

In all means a diversified investment will keep you on the right track. With diversified investment it is possible to overcome the profit/loss as we'll be able to compensate one with the other. Going all in one will make this a risky task. Even if one prefer to invest on altcoins, the choice should be on the leading altcoins or the best in the market. Trying with new ones is risky, and some gives good return out of luck.

It can be said that luck plays an important role in all our victories, but making big profits from altcoins is not entirely determined by luck but depends on your knowledge and analytical ability. Don't assume that investing in low-cap coins is just luck. I have seen a few people who specialize in investing in memes, and low cap coins and they make a lot of profit from them, it is not luck but their ability.

Bitcoin or altcoin both have the potential to bring profits, the choice of which depends on the ability of each person, those who do not have enough skills and knowledge should stay away from altcoins.

Both Bitcoin and altcoins are risky, no crypto coin is really safe. But it is true that altcoins is riskier because its volatility is higher. However, higher volatility enables bigger profits. People who expect for bigger profits, probably interested in altcoins.

Bitcoin isn't totally safe, it has a risk too. Who can guarantee the same pattern of bullrun season will repeat? No one knows how the next bullish season to happen. Although the price skyrocket in the previous bullrun seasons, it is not impossible if it may not repeat again due to many factors. Regarding the potential of altcoins, it is almost the same as Bitcoin. The price of altcoins can skyrocket if Bitcoin can increase its value significantly. If the price of Bitcoin can't increase much, I doubt if there will be big altcoin season.

There is no need to go into Altcoin investment as there are chances of scams most of the time. If you want to make a smart investment, it is definitely better to invest in Bitcoin, in which case Altcoin can never be a smart investment. We think that now is a good time to invest as the price of various coins including Bitcoin market has decreased. If we invest from this bear market then surely it is a bull market and we will expect huge amount of profit. And if you invest from Bitcoin current time then you have to invest from $26k dollars. Although there won't be much profit now, if you wait until the bull market, you will more than double your profit. And if you invest the same amount of money in altcoin then surely there is a possibility of losing money in future. That is why you must invest wisely in the field of investment.

Many people always say that all altcoins are scams but do you see that ETH or BNB are more profitable than bitcoin during the 2021 bull season?  and I bet you that ETH's increase in the upcoming bull season will also be more significant than bitcoin's.  bitcoin is safer, that is undeniably, but not necessarily bad if we invest in altcoins.  just because you don't know enough to profit from altcoins doesn't mean everyone else is like you.  smart investments are those that bring the highest returns, not just one thing.

Others haven't experienced it for sure, which is why they are saying it, but those who said it said that they only want those new release coins to invest in because it's cheaper than having ETH and BNB, and that is where they get scammed.
 
But having both Bitcoin and altcoins is good as you diversify your investment, but be cautious, and it is better to only invest in top altcoins like BNB, ETH, and XRP.

My investment view is to focus 70% of capital on bitcoin, the remaining 30% is evenly distributed to altcoins, be it topcoins or some low-cap coins. Never let altcoins take up the majority of your investment portfolio, it is more like gambling than investing because altcoins are quite risky.

Saying that all altcoins are scams and not worth investing in is wrong because many altcoins also give very good returns, but there is nothing wrong with someone investing only in bitcoin and saying no to altcoins. It all depends on the taste of each person, no one is wrong.

I don't like altcoins anymore. I used to be in altcoin in the past but when I realized what kind of shit they are, I switched to Bitcoin. And I am serious about it. I know I won't make higher profits if I only stick to Bitcoin. But that doesn't matter. What profits I will make from Bitcoin is more than enough for me.
Choosing altcoins is a gamble. Either it will be a successful one or it will fail. And the profit-making thing is optional. It may follow the sentiment and pump in price or I won't be able to do it even once.
Also, the fact that altcoins have fewer use cases, and for that, after a huge pump in price, if it falls, it may never go up again. Even after hodling for years. Once it's gone, it's gone. So it is hard to compete with others and choose the right time to sell.

Why take that risk when I can just rely on BTC? I can sell in portions in different price ranges. That will maximize the profit and also I won't regret selling early or late.

Not really I'm going off to altcoins but for some reason, it's going to be on limitation.
I have some altcoins that invested in the past years and I bought them because it looked very promising but suddenly the market has changed and the developers have gone. It is a losing experience that taught me something about how to be careful in choosing altcoins as it not only look very promising but most importantly is that it have a use case. Now, only ETH and BNB had left on me while disregarding those coins that I had before because it was hopeless already.

The experience was very valuable and I have experienced it too so I decided not to save many Altcoins anymore to avoid something like this happening again, I don't even save any Altcoins for now.
But for BNB and ETH I think it's a good choice and I consider it the same as Bitcoin so I decided to just hold Bitcoin.
The movements of the two Altcoins always follow the price of Bitcoin, so I think it's the same, just the percentage of profit is different if the price increases.

Allocating a little for the possibility of big profits I don't think is a bad thing as long as it doesn't interfere with investment plans in Bitcoin or other top coins.
If someone says that a low cap coin is a fraud I will not refute it because of the many coins there are only a few that can be promising, the rest will pass you by.

Talk about altcoins, we are talking about gambling rather than investing, as these projects thrive on hype only to eventually dissipate. Altcoins don't have any technology or utility, it's all just pump and dump. However, if an individual possesses a proclivity for gambling and revels risks to potentially substantial rewards, then exploring altcoins might align with their personal inclinations and choices.

Bitcoin will remain a safer investment than altcoins. But I also don't hate someone investing in altcoins because they're investing with their own money. We have no right to intervene or teach them anything because we cannot help them.

while Bitcoin is indeed a proven entity, I'd argue that there's some merit in diversifying – not necessarily in altcoins, but in other asset classes. Consider this: while BTC is solid, there are potential risks like regulatory changes, technological shifts, and so on. Diversification, even within the realm of cryptocurrencies, might be worth considering. For instance, Ethereum's smart contract functionality has set it apart from many other altcoins. Im not saying throw caution to the wind, but maybe, just maybe, there's a sweet spot between the safety of Bitcoin and the potential of select altcoins. Its all about finding your comfort zone.

Some altcoins are trusted enough, they have good fundamental. I think it is quite secure if you invest in top altcoins such as ETH, ADA, SOL, or MATIC. But if you invest in new altcoins or meme coins, I agree it is more likely as gambling than investing. So, don't generalize the potential of all altcoins, not all of them just rely on the hype only. There are some altcoins which have good fundamental, they have real technology and convincing utility.

Of course, Bitcoin is the main coin in crypto space. That's easy for any people to make Bitcoin as their main asset. However, investing in altcoins isn't the wrong choice as long as we can choose the right altcoins. But we must be more careful investing in altcoins because the risks are higher. However, altcoins also offer the chance of higher profits due to its bigger volatility.

While I'm not against investing in altcoins, I wouldn't consider it diversification to minimize risk since the entire market depends on bitcoin's movements.  when our bitcoin investment loses money, no altcoin investment will make a profit.  investing in altcoins is just about finding ways to optimize profits and not minimize our risks, so I don't call it diversification. 
But I agree with you, if you don't want to risk too much, invest in ETH or XRP, I believe they will bring better profits than BTC in the upcoming bull season.

Yes, what I'm talking about is about the altcoin market in general. And if we talk about top altcoins like ETH, I cannot deny that it is really a very good altcoin and even has the same potential as bitcoin. While bitcoin may be credited with initiating this market, it is ETH's substantial contributions that have propelled market's current state. Its potential and role cannot be denied.


I don't hate altcoins and I also invest in some altcoins but we should be careful with them because of the risks they bring. Furthermore, where people invest is their right, because we invest in bitcoin and they invest in altcoins, we should not conclude that they are wrong or stupid, that's what I want to say .

I'm just stating my investment philosophy and how I allocate my investments. And how people invest depends on each person's investment preferences, even if someone only invests in altcoins and ignores bitcoin, it is not a problem. As long as they know what they are doing and they are willing to accept whatever results they get, they can invest in anything they like.

Although low-cap coins are risky, that doesn't mean they are definitely a scam project. If you want to find coins with x10, x100 potential, low cap is actually a better choice than meme. But again, it's your choice, everyone's, no one is wrong.

You have said it right. I am most comfortable with Bitcoin. People are still making profits from investing in other Altcoins. But to me, those are not just for me. I mean, I don't like them. It is hard to get the best out of something that you don't like. I am comfortable with Bitcoin and whatever I get from that investment, I am happy with it. That's all that matters right?

So, it is totally my personal choice to stick to Bitcoin. Others can choose whatever they can benefit from. I have no issue with that. All I said is that I have experienced some bad things in the past with altcoins. So people should be aware of that too and choose after analyzing and researching. Because nowadays, good projects hardly come by.

I have had some bad experiences with altcoin as well but as long as i can remember my biggest gain was from altcoin too. It is not that hard to earn money from altcoin actually. Bitcoin will give multiple X profits in every cycle but for altcoin, most don't cross their ATH in the next bull cycle. Still, people made a lot of money from them. Have you ever thought about how? You just need to understand what trend is running and what is upcoming. When there is a trend running in the altcoin market most of the tokens from that category do well and give multiple X ROI. So if you can spear a small amount of funds to play with altcoin and you know how to play you should do that. You do not need to sell your bitcoin for that.

That's just the thing mate. I don't understand how they work. It's all about trends and market sentiments. Also, investors buy and sell that altcoin to run the market. I don't want to get wind up in those things. The trend happens with Bitcoin too. But it does not stay for long and fade away quickly. So there's no long-term calculated investment in those altcoins. There's a swing in price for trend and you just need to find the best time. I don't like to waste my time finding that "perfect" time.

It's all about how much time I can give to this and get the best out of my invested time. And for me, Bitcoin is the best choice. You can have your altcoins and make a profit from them. But I will just stick to the Bitcoin. That's all there to it.

If your trading volume is high,you can choose the bitcoin.If the volume is low,the trader can use the altcoin which is potential in the market now.The bitcoin will be the better option to inverse your money with the short term profit.Many traders will use the bitcoin for the day trading compared to the other altcoin.The bear market will be the good time to keep your investment at the potential coin.When the bitcoin market had get the bull,same will be the bull run time for the other potential coin.To get profit from the investment,patience will be the key.

My opinion is a little bit different from others in terms of investment. Personally, I testify that it depends on your investment amount. If you have a small amount for investment, you should definitely go for altcoins. Altcoins here refer to solid altcoins like Ethereum, XLM, Matic, etc. Which is cheaper than Bitcoin and also gives you a good return in profit. If you have a large amount to invest, you have the best way, which is Bitcoin. It is right that the market is full of shite, i.e., pump dump coins, but I couldn't believe that a person who has thinking ability from above would go straight into pump dump coins. Never at all.
Another argument is that investing with a DCA strategy reduces your loss ratio on investment capital. Despite that, many didn't follow the DCA (Dollar Cost Average) method.

Most people investing in altcoin are also taking risk and feels like its an advantage taken, not knowing that some of this projects are time bomb that might explode anytime soon and most times what they do his give the project a good hype and people start investing from no were without background checks. Altcoin have too many scam projects and its not something you can rely on because  even the project can crash at anytime and people's money are lost. Invest in projects that are reliable and even if the profit is not huge but the security is covered and since you can buy bitcoin in fraction, accumulating gradually will help and you won't have to bother about the project crashing or ending scam, well said if the investor can wait for bull run then it will pay.

However, the profitability of investment in buying and selling assets is based on the percentage change in prices, not on the expensiveness or cheapness of a particular coin. Although BTC may seem expensive, price fluctuations of 5% or 10% can easily occur, just as they do with Ethereum. So, whether it's a large or small amount, I believe money will flow towards assets with stronger fundamentals, as both Bitcoin and Altcoins have their own seasons for experiencing Bullruns.

As for the habit of Dollar Cost Averaging (DCA), it's a matter of personal preference, and indeed, we cannot ascertain how many people adopt this strategy. Additionally, every investor has their unique trading style, which significantly influences their approach to entering or exiting the market.

It’s certainly your own choice and not for others to decide. Simply because it’s your money that will be compromised if ever you decide to follow other people’s decison.

Personally, it’s always a good choice if you have sufficient amount of bitcoin in your portfolio and a little of established altcoins as well. Because when the bull run happens, it’s not just bitcoin price that will be bullish but also the other potential altcoins too. However, if you are struggling with your funds, then it’s safer to chose bitcoin over altcoins. That way, you will have guarantees to be profitable in the future as long as you intend to hold them tight for long term hodling.

If we intend to hold Bitcoin, we should already understand our target, namely to get profits at a certain rate within a certain time period. Regarding the enxt bullrun, it is possible that next year will start to enter a bullish phase. And this is an opportunity for holders to set the target of the price based on global cetrain rates.

The problem is that when we are confused about whether to choose Bitcoin or altcoins, I personally would make Bitcoin the main priority. In this case, I will prioritize investing in as much Bitcoin as I can afford. So, even if I want to invest in Altcoins, it might be better if I invest in some of the top altcoins which will probably have quite good potential in the bullrun phase later. And you don't need too many because altcoins will be riskier and not all altcoins may experience an ATH like in the next season. So, be wise on spending your money into altcoins.

If i may advise in this, it is always more safe and profitable to stick to bitcoin investment than including a number of altcoins you're not sure about their existance, as for this coming Halving, alot of things are likely going to happen which will lead to the discovery of so many shitcoins because part of them is the high volatile market whereby some coins will fear and run, some will drop will some will think that's the end of it all because they are going to lack the financial pump to make their project remain when all their investors had left, of you don't want to be part of these categories, then you must maintain bitcoin investment only.

We can buy more from altcoins because they are cheap but the question is if they are profitable compared to Bitcoin. The main goal of why we are here is to make a profit, not just the number of coins we accumulate. I'm not sure if $1000 is a small capital or big for you but having this amount can buy Bitcoin already. In fact, you have mentioned the DCA strategy which we can also use in acquiring Bitcoin.

I'm not going to argue with you because that was your preference and buying style, and we are different. But I will tell you that if you are a long-term investor, you'd rather choose Bitcoin instead.

- I get what you're saying, so diversifying across different asset classes makes sense. But currently, I'm only exploring the cryptocurrency market. In this context, the strategy of not putting all your eggs in one basket translates to spreading investments across various coins in different sectors. For instance, investing in platform coins, trend coins, or top coins helps minimize risks and trading psychology.
- If you hold only one coin and it encounters issues or, during a bullish season, it happens to be the one growing the slowest, the pressure of holding onto it can be substantial. That's why I'm considering a diversified approach, investing in multiple coins across different categories to navigate potential challenges and take advantage of growth opportunities more effectively.
I'm on the same page with you regarding the complexity of this strategy for newbies. Nevertheless, many seasoned individuals in this market were once unaware of it too. I'm confident that if they come across this strategy, they'll grasp the concept easily and be able to implement it right away.

Nice plan exchanger like Binance offer collateral loan with low interest. so we can invest our money on bitcoin and take some loan by collateral our BTC then invest in Altcoins. Altcoin is much profitable and when bitcoin pump altcoins also pump with Bitcoin. So if the market is good then in this case we will get several times more profit from both investments

why you advice to not touch alts? Are you too scared to invest in crypto?  Aren't You Aware of Altcoin Profits?  Yes investing in bitcoin is safer than altcoins but on the other hand altcoins are more profitable than bitcoins so if you want to get more profit you have to take more risk.

I would agree with the reason is investing in bitcoin is not as profitable as some other altcoins, especially in the short term. If we invest 1000 dollars according to current price then in bull run if Bitcoin goes beyond its previous all time high to 100000 dollars then my profit is 2x that is about 2000 dollars but if one invests this 1000 dollars in altcoins then it's profit may increase greatly. But we know that there is a major differences between Bitcoin and Altcoins. If the return is relatively low on a reliable investment I think it would be good. Although altcoins have influence in bull markets, they have no dominance in bear markets. So it will totally depend on an investor wish.

I am also a newbie here, what do you think is the 2nd best coin in the market? I do want to invest in Bitcoin and some top altcoins. Can someone enlighten me about how the market works and what are the do's and don't? Thank you!

First and foremost, if you are not sure yet on what to invest aside from bitcoin, better learn first how this market works.
Just reading here will give you better insights on what alts are worth investing, however, you need to assess those suggestions as they are merely their opinions.
Also, better explore the top alts first rather than new alts as the risk is too high for these new alts as they can easily be abandoned without even hitting exchanges.
You can also read in the beginners section and you will read a lot of good insights when it comes to investments.

Let's be specific, which of the altcoins yield more profit than Bitcoin? If I remember correctly, the profits of altcoins are more when you buy at the early stages not when the market is already saturated, so are you suggesting we invest in ICO? If yes, do you realise that more than 98% of token fail? Is that a risk worst taking?

What's the difference between this suggestion and gambling? I don't think it is wise to gamble with money this way when you can simply accumulate Bitcoin and wait for halving that is happening next year.

There is nothing wrong in altcoins. Why shouldn't you invest in them? in 2020-2021 you could generate a huge profit by investing money in Matic polygon and it was not a shit memecoin, it was a valid coin. BNB was a good option too because that halving was the time of rise for Binance as a trading platform. There are many details that you have to consider because it's not 2016 today when you could 100x your capital in some months via holding bitcoin only.

If you want short term trading with altcoins, you can move your bitcoins into futures and open short or long position while your asset will be calculated in bitcoins. Pros of this method is that if you open short and bitcoin price goes high, in case your short position isn't doing well, your bitcoin's rise will compensate it but cons is that if you open long position but its not going well and bitcoin's price is going down, you'll accelerate go to the way of liquidation.

I am also one of those that finds investing in altcoin more profitable than Bitcoin but it is packaged with higher risk.  There are many decent altcoin where we can choose to invest.  Not all altcoins are shitcoins as some of the members here think.  Bitcoin is good if we want to minimize our risk and look for a higher gain than traditional investments.  I agree that in Bitcoin, in order to get 100x we need to wait for a decade or more while 100x in altcoin can possibly happen in just weeks or months if we are lucky but if not we might lose all our investment.  That is the risk of investing in altcoins.

Investing in both is the best approach, IMO.  The funds can be divided according to the person's likings.

Even though I’m an advocate of diversifying one’s portfolio, I do not agree that holding onto Bitcoin might not yield substantial profits. Unless you’re talking about quick profits, however, over the past years, what cryptocurrency can beat such “substantial profits” offered by Bitcoin? It’s a matter of time for Bitcoin, and for those who want to invest in alts too, be careful because volatility in these Alts can be way more than Bitcoin.

As we have a halving year ahead, Bitcoin will be the best investment. Moreover, the best currency to hold Bitcoin is the most profitable in Bitcoin compared to all other altcoins. Most of them turn out to be scams but Bitcoin will never be a scam and it is the most profitable and risk free. Risky investment is altcoin which can lose you money, but if you invest in bitcoin it will give you profit. However Bitcoin is best for long term investment, but altcoin investment is always risky so it is best and wise to invest in Bitcoin for next bull season.

A phrase in economics says "all things being equal", meaning that if events turns out as it's supposed to be, without any chance of it going wrong. But in reality we know that it is not easy for every event to go exactly as it was planned. Therefore as the OP plans to borrow with interest to fund his altcoin investment, it's a good profitable decision, but what if it doesn't go as planned, then he might end up being worse off than when he started. From my experience, any business that gives you huge profit in a  short term will also carry huge risks of losing your capital, so for me it's not advisable to borrow capital to fund such businesses.

So I'll advice OP to invest in his preferred altcoin, with his own fund, sale your bitcoin and reinvest it in  altcoin, so it goes as planned, he'll reap the bountiful harvest, if not he'll bear the lose Alone.

Bitcoin is considered the best investment in the market because it is quite a safe investment and brings significant profits. But saying that bitcoin is the most profitable and risk-free investment is an exaggeration and a lie. No investment offers high returns without risk, we are bitcoin investors but we need to be realistic. There is no need to lie to deceive others nor does it make bitcoin better. I was once considered a fraud for saying that bitcoin is risk-free and profitable when giving advice to a person. That's unnecessary exaggeration.

You are right, and it is true that Bitcoin is very exciting and has tremendous profit potential, but make sure you understand the risks that come with it, and also have knowledge and understanding of Bitcoin.
Bitcoin can indeed provide big profits, but it also has big risks and no investment is free from risk, and if there were no risks, maybe everyone would not experience losses.
And the general risk of Bitcoin is that high volatility by definition makes Bitcoin risky, apart from regulation, Bitcoin is also still vulnerable to fraud and hackers and other risks.

Absolutely agree! Bitcoin has been off the charts for some investors.  Crazy returns compared to regular stocks and all that.  But at the end of the day, nothing is risk-free when it comes to money.  And Bitcoin is notorious for being unpredictable and 

the thing is, you gotta look at Bitcoin, or any investment really knowing that it could make you bank or lose you cash.  I mean, I put a couple hundred in crypto last year and yeah, I made good money.  But a buddy of mine got burned when prices crashed. He was disappointed and sold at a loss, although I advised him not to do so.

So, my point; If you're smart and cautious with crypto you might make out like a bandit. But you could also lose your shirt if you aren't careful. At least that's my take.

I do not deny that bitcoin is the best coin on the market because not only the profits it brings but also the utilities and practical applications of bitcoin are superior to all altcoins. But is it correct to say that all altcoins are scams and do not bring us profit? ETH, ADA, BNB... and even dogecoin have been bringing thousands of percent profits to many different investors. Not all are scams but they are riskier than bitcoin. You should not exaggerate bitcoin and altcoins more than necessary.

Consider bitcoin as a component of a diversified portfolio. As they say, dont lay all your eggs in one basket. Distribute your money among several assets (altcoin, gold and stock too). This reduces your overall risk in the event that Bitcoin fails.

Think long-term as well. The cryptocurrency market is new, erratic, and volatile. It takes more than just timing the market to succeed; it takes time. It might be more fruitful to endure the ups and downs rather than attempting to ride the high wave. Recall that in the realm of investments, persistence frequently yields greater returns than hasty profits. Your friend's passing serves as a warning: panic selling frequently results in regrets. Remain composed and avoid letting the hype surrounding cryptocurrencies influence your decisions.

Those who overestimate the risk of all altcoins do not have any analysis of these altcoins, they are only afraid of fluctuations,
even though the top altcoins such as ETH, BNB, SOL, DOGE, etc.
are still quite worth it to buy with the aim of making profits in the upcoming bull run.

Seeing how Altcoin risk is compared to Bitcoin, of course, Bitcoin will have an influence on all existing altcoins,
but we can see what altcoins are able to survive and offset the price of Bitcoin.

I myself still have ETH which I hold for the long term,
and it is my long-term investment for Altcoin and of course, Bitcoin is the main investment.

Absolutely, for the upcoming bull run, consider diversifying your investment across both Bitcoin and carefully selected altcoins. This strategy not only lowers overall risk but also opens the door to capitalize on the potential growth of the altcoin market. A practical approach involves dedicating 70-80% of your portfolio to Bitcoin and allocating 20-30% to promising altcoins. Ensure thorough research, focusing on projects with robust fundamentals when choosing altcoins. Remember, only invest what you're comfortable with.

In response to the strategy of using Bitcoin as collateral to borrow funds for altcoin investments, this can be a risky strategy, but it also has the potential to be very profitable. It is important to carefully consider your own risk tolerance and investment goals before using this strategy.

I would recommend a Human AI approach which involves using a combination of machine learning and human expertise to make investment decisions. This approach can help investors to identify promising altcoins and to make informed decisions about when to buy and sell.

The rebalancing strategy like that of R100K.com involves periodically adjusting your portfolio allocation to maintain a desired asset mix. This can help to ensure that you are not overexposed to any one asset class.

They have already told you, it is the bitcoinn, the alts are not safe, if you want something secure you can venture to buy rq bticoin, because it is the most secure it gives, for now for a lifetime, the rest you still have to complicate and possibly lose money Well, buy an alt because it is what we do to make our lives easier that alts make money? Yes, they give it, but just as they give it, they are the most unsafe there is, if you want security, buy bitcoin, there is no loss there, buy the amount you want, because in a while, because you don't know when, it will go up a lot, and if you buy Now you will have more beneficial earnings because if it rises to more than 100 thousand USD you will be grateful.

Everything has risk and what has the potential to bring high profits is higher risk. We need to be aware of that to have effective prevention plans, not to be too enthusiastic and blindly forget the threats that are lurking behind us. Bitcoin is indeed a potential investment but don't worship it too much like our god, it still has its disadvantages, there are still risks and we should always have a plan if something unfortunate happens. I really don't know what people who worship and worship bitcoin gain when they continuously exaggerate it.

Although I do not like margin trading, the strategy of using Bitcoin as collateral for borrowing US dollars for alternative currency investments seems to me a very good idea, especially in terms of not neglecting Bitcoin, but rather using it as a safe guarantee for margin trading for Altcoin. Thank you for the idea.

Investing in altcoins is not a wise option when we talk about an asset. They are not an asset except a few coins; most of them are just garbage. You can only get profit from altcoins if you are lucky. Mostly people lose their investments in altcoins because of scams. Altcoins are just a waste of time and money.
Bitcoin is the best option to invest. Invest now and exit at the ATH/ set price target. After the BTC bull run, if you are still interested in making some bucks, invest in potential altcoins such as ETH, SOL, etc., because after the BTC bull run, there will surely be an altcoin season.  

Exactly, that's what I wanted to bring up. Besides Binance, there are numerous Defi platforms across different networks offering this service. When applied correctly, it's a low-risk method, yet the potential profits can be incredibly impressive.
If we overlook Altcoins, we've pretty much missed over 50% of the opportunities in this market. There's no denying the credibility and safety of Bitcoin, but the profits in Altcoins are something quite crazy in this market. It's not difficult to earn higher profits with a few top Altcoins that are still very safe, like ETH and Link. Have you seen the price growth of Link recently? So, there's no reason to dismiss the entire Altcoin market just because of the negative things people often say about meme coins or scam coins. That's just a small part, not representative of the entire Altcoin market.

I don't want to make things complicated and look at the high numbers targeted and projected by people.

If they are projecting such high numbers and think it's possible to generate that with altcoins then let them do it on their own. While the Bitcoin folks don't need to do that much and your money is safer from volatility of the market.

Bitcoins or altcoins, both can make money but it's just that it's much safer if we stay on bitcoin and if you're conservative as the others, Bitcoin only.

And if you like to margin and use that much money in there, make sure you know what you're up to.

Safe thing is always to hold Bitcoin. You get safety plus large asset appreciation. Altcoins you get no safety and maybe larger asset appreciation, and you have to try to pick and choose which ones, and if you choose wrong you are much worse off than if you got Bitcoin.


Basically, anyone who doesn't already have a lot of Bitcoin, shouldn't bother with altcoins. Altcoins are for people who have already loaded up on Bitcoin and want to play around with some speculative money on these purely speculative tokens that are essentially only for trading. Most people are going to lose money if they get into altcoins.

As good as this may sound, you failed to add that the $30,000 you borrowed could become 0$ if care is not taken. As far as altcoins are concerned, nothing is guaranteed, it could swing both ways. So, while you are expecting to see your $30,000 become $300,000, also expect it to become $1.
You have to be very wise with your investment plans. You could make quick bucks from altcoins, and I you can also lose all, that's the bottom line.

  Bitcoin can swing in anyways, but with knowledge and understanding of Bitcoin you can achieve success, it’s not wise to invest what you don’t know, that is why it is important to know have idea on what you’re doing than to invest blindly, the market is very volatile one and the risk involved is not undisputed, people need to understand that they are losses in investing in bitcoin.
    When you invest in Cryptocurrencies, always invest the amount you are ready to lose. There is a huge fluctuation on daily basis. One day you might be the King and the other day you won’t be near to a beggar, yes that happens. Bitcoin fell from $34 to $1 to reach $100 in 2011. You must invest only if you are ready to lose the money. On the other hand, you can make 2 times, 5 times, 100 times profit for the risk you bear. Coming to Bitcoin vs Altcoin, Investing in Bitcoin is a safer option, but the growth in Altcoin is tremendous and quick. There are many Altcoin which grew around 1000% in 8 months. With such profit, risk follows. While Altcoin is riskier when compared to Bitcoin. Bitcoin has a stable growth & drop, but Altcoin growth and drop is exponential.

There is this one trading habit that I learned from one successful trader that I applied in my trading journey, which is finding a respective pair, then studying its behavior and performance, and sticking to trading that one particular pair, it has also yielded a lot of positive results in my trading journey and I do use the same method most times when it comes to doing investments in the crypto space which I stick my investment in Bitcoin as a most secure crypto asset or sometimes I invest in one or two -three historically good performing crypto asset and stick to them, so It is left to you what you find good in investing your money.

Looks like this a personal preference type of question, doesn't really feel like it should be something that some other person could tell you, I agree with that. I mean I personally will do like %50+ bitcoin, I know that much, I will have some other coins too, but bitcoin is a must for me, in fact if I turn to %100 bitcoin right now, I would not really feel bad about it neither (maybe I will) and I think that is the most epic approach to crypto and the bull run. HOwever, that is totally me, I do not think that I would tell anyone what to do, I would just let those people end up making their decision, and I would not tell you to go get bitcoin or altcoin neither, that just doesn't make sense.

If you are a trader on the crypto market then making preference to buy some altcoins in won't be of any problem for you because you already know the risk that is involved in making such investment so they are fully conscious. Some altcoins tend to pump very fast which many people see as an quick opportunity to grab little profits in the crypto market and that's the reason they even partake in such transaction. For me that can't beat such risk, I think staying on my lane with a simple Bitcoin investment would be more preferable than following greed and investing in some coins that can you sure of.

Its not wrong to invest in altcoins as long as you are on the right coins to invest. But the fact that altcoins create a higher risk of losing, then it's safe if we will only stick to bitcoin not because it has high promising profits, but because its never a pump and dump scheme like altcoins. Although altcoins can somehow bring exceptional profits but in most cases, its always losses than gains.

So my advice is to focus on bitcoin if you aim to maximize your investment profits when bull run comes. When you already create a massive profits on your own, then its not bad at all to risk some small amount on altcoins but make sure to sell them instantly before their prices dump in the market.

The safest choice will always be shooting for bitcoin. There have been numerous instances where altcoins and shitcoins failed to impress the people, even in situations where it's almost a no-brainer that the market will pump like hell. But no matter the season or the setup, bitcoin will remain profitable. How so? Because it's the most consistent out there.

Buy bitcoin today and hold on it for dear life and you'd realize that in a span of a few months or years depending on when you bought bitcoin, you're earning money by the dividends. This is no surprise. bitcoin's been one of the most consistent and safest choices out there for cryptocurrencies, especially when a bull run is speculated. If you're a newbie, build your wealth with bitcoin, once you gain a sizable investment profile, start diversifying your portfolio by buying worthwhile altcoins on the market.

Altcoins only add to the high risk of losing when we are investing that's why we should learn to avoid them as much as possible most especially those new too good to be true projects that suddenly arise in the market. Instead, stick to bitcoin for better and positive results especially if you are still in the process of building your wealth in your investment portfolio.

However, that does not mean that you will not invest in altcoins anymore in your whole life. Of course, you also need to explore the world of altcoins but make sure to do it when you are already an experienced investor so that you will come to invest wisely and cautiously.

We need to note that we are here to invest, to make money, we are not here to worship anyone. So, there is nothing wrong with us only holding bitcoin without paying attention to any altcoins, but this will cause us to miss out on a lot of other opportunities. We always criticize and believe that traditional investors are outdated and outdated when they ignore bitcoin and are only loyal to gold and real estate. But we also accidentally become like them when we stubbornly stay with bitcoin and ignore many other opportunities. Why don't we take advantage of the high volatility of some altcoins to increase capital and accumulate long term in bitcoin? That's what I did and during the recent bull run I made quite a profit from altcoins. I plan to take those profits and accumulate more bitcoin and I'm waiting for bitcoin to correct.

It is now obvious that people prefer to manage the risk of altcoin investment instead of the volatile nature of Bitcoin that made Bitcoin price to fluctuate regularly.

I have seen altcoins that only last three to 4 months. They are pump and dump. Only for those few short term goals that is advisable but for the long term I wouldn't advice anyone to invest in them.

You are holding ETH for the long term purposes, perhaps you are storing it in an exchange. Look at the high price of transaction fee for ETH then also imagine a decade to come what will be the cost. ETH investors who DCA are taking the risk of storing their coin in a CEX.

Investing on altcoins should be made based on the market scenario. We should not directly jump into it, but when there is better opportunity we should try to make something out of it. This is how our altcoin investment needs to be. There is positive news on altcoins for the upcoming weeks in connection with the BlackRock filing an application for spot Ethereum ETF. SEC had published the registration and if something good happens we can see the bounce in the major altcoins. This could boost the altcoins dominance for some time period. There are altcoins better in position and we should have the better understanding in making use of the altcoins at the right time.

Most people know that Bitcoin has been tested for long-term holdings, and if you want short-term trading, it is also possible as long as you have deep experience in daily trading.

Now, if you really want to experience large-scale income here in cryptocurrency, you just need to be ready to take a risk in new altcoin projects. It requires a wise choice and proper research so that the capital you will use here is not wasted.

I will advice you to go into bitcoin instead of altcoins investment so therefore I have to in other ways  understand the difference between altcoins and bitcoin, altcoins does not have the courage and potential bitcoin has and that is why everyone is investing in bitcoin instead of altcoins, when you come in terms of potential is bitcoin when you xome interms of coins that survive bullrun and bullish is same bitcoin who survive all this things without all this kind of things, so therefore, you can neither invest in bitcoin or you invest in altcoins depends your plan's

In fact, investing in altcoins as you mentioned is basically very high risk, and it has been proven that many people suffer losses due to investing in altcoins, but most people always have a greedy nature and want to get big profits, including myself, I also always have a greedy nature, because I also always invest in altcoins, but of course I am ready to take the risk if I experience a loss investing in altcoins.

In fact, investing in Bitcoin requires a large amount of capital because with small capital it will be difficult to get large profits, but I also invest in BTC, there is no doubt because only investing in BTC is the safest and I myself always invest large.because I believe investing in btc is the safest as you mentioned.

However, investing in altcoins and BTC is certainly not free from risks, the most important thing is to only invest money that you are ready to lose. and in this case it depends on an investor's knowledge in managing their assets.

There is no doubt that bitcoin is a better choice because as stronger the bitcoin is no altcoin become so stronger ever. In my opinion no other coin can be more moneymaking than bitcoin so if we choose altcoins then some of these are also moneymaking but in comparison bitcoin will always win. In term of trust and existence bitcoin is more valuable whereas altcoins existence has no guarantee.

Altcoins can sometimes give huge profit but as there is a doubt about its existence so its huge profit is neglected because they can easily disappear in a day. Buying bitcoin will be profitable now as present worth can determine your profit during halving.

This is a great numbers to consider but I doubt that there is such an easy way like that , while it is good that you mentioned Bitcoin but I don't understand considering Borrowing just to invest in Altcoins .

and also this is obviously something that others will not follow because this is Bitcoin section and most of people here are Bitcoin supporters .

Risking is part of crypto journey as from day 1 we already have that situation and we already accept that , yes I am also in diversification but adjusting or borrowing to buy altcoin will never be in my option , instead I will continue my holding .

OP, everyone has his or her own choice of investment regarding cryptocurrency in general, you are meant to make your choice regardless of any advice you get here, but the truth is going by the happenings in the digital currency world bitcoin remains unbeatable for now, pending if there will be another stuff that will be created to overrun it, practical example this my comment is, whenever thereby appreciation in Bitcoin price other crypto currency follows that's to say that bitcoin control other crypto in terms upward and downward price, so tell me OP, if you were to chose now which of these will you go for, altcoin or Bitcoin, am convinced that you actually know what to do, you just wanted more insight. Am not over parsing bitcoin, I don't want to be misunderstood by the audience, I just feel that, it is better to say what I know than to lead people astray, if it is in terms of diversification or making alternatives to you investment, this is when we can talk about altcoin.

Altcoins could make you a millionaire in less than a week and could also make you broke in less than a day.
No one is disputing the relevance and importance of knowledge and information in this space, however, special care must be taken when investing in altcoins.

Bitcoin could swing in any direction, agreed, but with Bitcoin, you are sure of growth, regardless of what the present circumstances may be.

It actually depends on your individual’s choice of investment. Research is the key. Don’t just listen to other people’s ideas and advices but have your own research and analysis on what kind of investment that will work for you. If you prefer long term investment, then I suggest focus on bitcoin. But if you are after with short term investments, altcoins are seen more profitable but make sure that you are hodling on highly potential altcoins that don’t easily lose their value and fall into zero. Otherwise, you will only fall on its trap as altcoins are nothing but a pump and dump scheme.

I have made significant profits with both bitcoin and altcoins. However, if you chose to invest with lower risk yet the profits are life changing, then stick to bitcoin. But never expect huge profits too quickly as bitcoin will surely be incapable of that. Just invest and hold it for long term. You will certainly not lose if you sell high and buy low, simple but tested and proven strategy.

Diversification can be applied with a note that the selection of altcoins and main coins must be appropriate, must be top altcoins, and have good development.
Don't just diversify based on rumors and other people's advice without doing your own research.

But when someone suggests holding ETH it becomes the best altcoin choice.
and Diverisifkasi adjusts to the capital you have, but if you take out a loan for altcoin investment, it will be more risky, because crypto is very volatile while the loan will continue to run along with the interest charged.

Dont you think that trading is all about finding the right balance between risk and knowledge? Sure, Bitcoin is like a friend you've had for years who is always there and dependable. Yet altcoins? Definitely unpredictable, but could also be very beneficial.

Just think about it: isnt it exciting to find your way around the unknown world of altcoins? Okay, so their future might look like a big question mark, but what if you know enough to see promise where other people see doubt? Altcoins might be like special gems that are just ready to be discovered and shown off. Remember that taking calculated risks can lead to big benefits.

Although Bitcoin makes you feel safe, dont rule out the appeal of altcoins. They could bring awesome returns if you know what you're doing and are willing to take risks. For truly amazing results, you sometimes have to experiment and play a few notes that arent planned. How to open it? Its best to stay knowledgeable and flexible.

It doesn't make sense for anyone to tell someone which altcoin they should buy. Everyone should make their own choice on this matter. There are many people who do what others say and lose money. There are people on X who have thousands of followers and are deceiving people for publicity. People need to research and be informed, otherwise they are investing in other people's ideas and end up feeling sad.

It is very easy to find a lot of the information you are looking for on the internet. Before trusting anyone regarding investment, a person needs to work to become informed himself.

I tell the person who wants to invest that I trust Bitcoin in my investment and that it does not cause any losses in the long run, but I generally avoid saying anything about any altcoin. I leave all the decision to him.

The cryptocurrency market is very risky so the idea of borrowing money to invest is not a wise idea even if we invest in bitcoin, not altcoins. But it depends on each person, I think if you have a stable source of income and can still afford to repay those loans even if the investment fails, then borrowing money can be considered, but this really should not be recommended.

As for investing in bitcoin or altcoin, I think it depends on each person's taste. If someone likes safety then they should obviously choose bitcoin but if someone is willing to take risks in search of high returns then they can think of altcoins. The most important thing is that anyone who wants to invest should do their own research before investing instead of asking others for their opinions. Investing based on other people's advice will make us lose money even if it is bitcoin because we will never be able to hold bitcoin for long if we know nothing about it.

I don't want to give advice on whether to invest in bitcoin or altcoins, I just want to advise anyone thinking about investing in cryptocurrency to do their research first.

Investing in BTC now ahead of the bull run is really a good initiative, also don’t fail to understand that there are some Altcoins that follows BTC trend. For example altcoins which are for exchanges just like BGB, BNB and the likes will give you a good amount of profit doing the bull market.

This is the same reason why I actually chose to split my investment. I have some in BTC while I also have another one in BGB. I’m sure the two are going to yield better, base on their performance I believe I have nothing to bother about.

When it comes to investment I believe everyone have a responsibility of doing their personal research before buying any coin. It’s important you check the coin’s previous history and trend to determine what to do and also check the utility of such token in order to be sure you’re in a safe place.

Taking out a loan to invest in crypto? You are correct; that is putting things in danger. Even if you have a steady income, the chance is still very high. Being on a catwalk without a net is like that. You might get to the other side, but what if you make one mistake? You go down. And picking between Bitcoin and altcoins is like picking between a rough sea and a storm—each is dangerous in its own way. Bitcoin is like a rough sea: you can kind of predict it, but its still rough. Other coins? They are the storm. High risk, high return possible.

Heres the thing, though: conducting research is not only wise, but essential. You're going to sea without it. Taking other people's advice? Thats giving the wheel to someone else. The more you know, the stronger you are, especially in the crypto sea. Do your study first before you jump in

From my personal experience I think that.
60% to 70% of your investment should be in bitcoin.
And my comment about Altcoins is the remaining 30% to 40%
The whole half from rest 30% to 40% you can invest in Ethereum and the rest you can invest in others good altcoins for a short period of time.

Example: 100% of
70% Bitcoin
15% Ethereum
The remaining 15% are others more altcoins according to your analysis.

The easy way was just to invest in Both altcoins and Bitcoin, It wouldn't really be wrong to put your investment only in Bitcoin since it's always recommended to not put all your eggs in one basket. I mean for sure there are some that are going to prefer only investing in Bitcoin but it is still not a bad idea to invest in altcoins for sure.

Invest a huge percentage on Bitcoin for sure and then invest in altcoins as well with only a lower percentage, it is still a very risky investment but certainly worth the risk since you could easily earn 10x- 100x in these altcoins easily depending on your investment, it is high risk and high reward investment considering it was for sure going to be worth it, probably just dont put it on leverage investment, there is a high chance that all altcoins might skyrocket most of the time in the past Bullrun, as long as you are willing to hold it might worth it in the long run. Just dont invest on very risky altcoins that doesnt have any use like shitcoins, probably just stick on the top 30 altcoins is going to be a high chance of profit.

Sometimes history don't repeat itself because previously people got benefit from dogecoin when it pumped but now the price is still lower and there is no information then when will it come higher again. Bitcoin always proves to be beneficial coins as compared to altcoins so without investigation one can believe that bitcoin will make their wishes true but if we leave bitcoin and put our trust on altcoins then it is possible that we will face huge losses in future.

From utility of a token one can decide about the importance of coins also check the market cap so you will easily find about good altcoins. In Altcoins if someone buy now ethereum then positive effects of halving can also be a reason for boosting value of ethereum and other important alt coins.

If you have a stable income, I think you can consider borrowing capital to invest but it must be within your financial capacity. Sometimes we need to take risks to succeed, we need to step out of our comfort zone if we want to achieve things we have never had before. Every success requires trade-offs and we need to accept that. If you are always afraid and do not dare to face challenges, then do not expect to succeed.

Altcoins is more volatile that Bitcoin, and so even though in the last bull run or even if we can go back previously like in 2017, there are a lot of altcoin that gain more than Bitcoin in terms of percentage to their last all time high. But then again, it's altcoin so it's hard to predict and the risk is very high. Like you said, Doge or even Shiba in the last bull run, we didn't expect that they are going to be the altcoin hype and craze and maybe a lot of us here make some good profits out out if. But it's hard to time that market because as it could be just a pump and dump and if you are late then you could be trap.

So for the majority who have been in the market long enough, then Bitcoin could be their majority holding, at least you have nothing to worry and can sleep at night and waking up tomorrow with a good increase and profit, simple as that.

 Taking a decision to Invest either Bitcoin or altcoins depends on your risk tolerance, investment goals, and market research. Bitcoin is generally considered more stable  more beneficial to investors, while altcoins can offer higher potential returns but come with increased risk. Diversifying your portfolio may be a prudent strategy. It's crucial to conduct thorough research and, if needed, consult with a financial advisor before making any investment decision.

This is a way to optimize your Bitcoin investment without selling any of the Bitcoin you're holding. It's simply leveraging with an acceptable level of risk at a certain point in time to maximize profits with the growth of Altcoins during the season. And when there's a profit with Altcoins, we convert that profit back into Bitcoin, increasing the quantity. If done well, the amount you earn in a bull run season can be significant compared to just holding Bitcoin from start to finish.

Even with ETH, I am not that convinced that it will make me not regret investing, bitcoin has not failed me so far so I will just put all my money on it no matter what because I am better off profiting in bitcoin as much as possible than splitting my investments in different altcoins that are full of uncertainties. Maybe other users have the heart to be able to do that but not me, the lesson learned is just too expensive for me. If I had that amount, I would probably just allocate 1k USD in ETH only and then try to wait for bitcoin to go down again so I can get a good value out of the 29k that is left or what is going to be left when I spend some money for the stuff that I want to buy for a long time now.

This I can agree and not just with altcoins, everyone is encouraged to do the same with bitcoin, just invest what you can afford to lose. This advice is a timeless one because it is the truth and it is making sure that you are not going to go overboard with your investing journey and at the same time makes you balance your needs for investing to save for the future and having some money to spend for the present. That is why I do not go for altcoins now, the potential of it being a rugpull is just too much and it sucks that you are going to be the one that will be gullible to give them your money.

This plan sounds great, buy altcoins and profit from altcoins to accumulate more bitcoins. But, can anyone do that? I mean, once we invest in altcoins, we will be attracted by its huge and quick profits. When we profit from altcoins, will we stick with bitcoin or will we convert all our bitcoins into altcoins in the hope of making more profits? I have seen many people with similar plans but when they make profits from Altcoin they forget the original plan, profit is always what blinds us so be careful with this plan.

I also don't completely hate people who invest in altcoins but be careful of the temptation it creates and if we are not vigilant, it will destroy our investment plans because they are too risky.

This does look quite good and is also very suitable for anyone to do if they want to increase the amount of Bitcoin investment at a certain moment, such as in the current example. However, I also think that the profits from trading in the market can also be used to convert into Bitcoin if we want additional Bitcoin without having to think about additional capital at a different time. I also like to trade with certain altcoins so I often convert the profits into Bitcoin so that the amount of Bitcoin can continue to increase in my savings.

Asking about what coin to invest in by op need concrete personal answers. It all depends how the trust and the level of risk op is ready to invest in Bitcoin market or the altcoins market. To make money from the market one need to exercise patient and invest on projects our eyes can reach..since there are thousands of cryptocurrency projects. Bitcoin is the solid one with safety compared to others projects that was created to make profits for the project team. We don't need to invest in any project we see but those ones that have good liquidity.

I agree with you investment in bitcoin or altcoins it is totally depend on a person risk tolerance. But since we believe in Bitcoin's 4-year cycle and it has shown good results several times in the past, next year is a golden time to invest in Bitcoin. So at that time if you invest in bitcoin instead of investing in altcoin, the profit will be much higher and the investment will also be safe. I'm not giving financial advice but I'm trying to remind you of the history of Bitcoin in the past. I would say everyone should decide according to his investment ability and risk taking ability