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Is it wise to buy altcoins with my bitcoins??
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Topic: Is it wise to buy altcoins with my bitcoins?? (Read 931 times)
Red-Apple
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Re: Is it wise to buy altcoins with my bitcoins??
June 07, 2017, 11:41:01 AM
#21
to be fair investing in altcoins has always been very profitable for some and very terrible for others.
you have to learn to belong to one group and not the other.
if you can learn how to find the good times to get in an altcoin and also how to find the best time to get out of them then you start making money.
but people usually fail in these and mostly in the second part (finding a best time to get out). and that is the important part. because that will determine how much, if any, profit you get out or not.
--signature space for rent; sent PM--
vikramsaxena82
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Re: Is it wise to buy altcoins with my bitcoins??
June 07, 2017, 11:43:09 AM
#22
Quote from: xhienigat on June 07, 2017, 11:15:34 AM
Nope, it is not a good idea to put all your bitcoin in altcoin trading. Leave some bitcoin and just hold it for like 5-10 years and the other amount would then be into altcoin trading. Do a research first on which altcoin you would want to trade in to.
I have just 1 bitcoin at the moment. investing 25% in altcoins is a good option?
Adbitco
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Act Smart and Play safe with Your fund
Re: Is it wise to buy altcoins with my bitcoins??
June 07, 2017, 11:56:57 AM
#23
I would advise you to start with a little amount of bitcoin because as someone already advised you it's a business in which high risk is involved. I know a lot of people who have made good money in trading but then you gotta be good at it.
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davhek
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Re: Is it wise to buy altcoins with my bitcoins??
June 07, 2017, 11:59:10 AM
#24
It's a sort of a gambling but of course you can make huge profit if you pick the right altcoin.
25% is ok percentage as long as you stick to it.
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