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Author Topic: If I have 1BTC So how did I use to invest in different Coins  (Read 1824 times)
Mehedi72
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May 24, 2024, 09:31:56 PM
 #201

People invest in Bitcoin so that they could have safety while they are earning money. And op, if you are holding your Bitcoin then you can see that how it growing from then to now, almost 4x in my analysis. And here is the fact that, bitcoin won't give you x10 or more, like altcoins. That's why it's comes altcoins investment in mind. And i think it could be an another opportunity to earn more if yousell some percentage of Bitcoin and holding some top leading altcoins, what are trusted and could give you decent amount of money besides bitcoin.

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May 25, 2024, 04:24:54 AM
 #202

I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin.
Any suggestion from your side which is good for long term

There is a lot of altcoins that can possibly give you a profit you need to select a good one or two, for now i think it is not too late to invest in different or top altcoins because bitcoin is just starting to rise and there is no other good option for now than selecting a good coin and hold because after bitcoin rise altcoins will surely follow.
Agreed with the rise in price of bitcoin the value of altcoins will increase Ethereum and BNB are good and top among altcoins for long term investment. There is still plenty of time for bull run currencies to rise further.

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May 27, 2024, 04:54:18 PM
 #203

Depending on the condition of the money we have, the more money the easier it is to invest in bitcoin and other altcoins because both can be profitable in the long term. Personally, you are more sure about which one is bitcoin or altoin. My suggestion is to invest half of the capital in bitcoin and the rest choose altcoin which has long-term potential.

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May 27, 2024, 10:23:38 PM
 #204

The time when you create this thread bitcoin was on it bear market or season so you might be motivated to invest in another project but now that one bitcoin is $70k, I don't think you will be planning to sell off your bitcoin and invest in altcoins because no altcoin can your the needed profit. And now that people are predicting $1 million in the next season. And once bitcoin hit that then altcoins thT are following it, it will also rise to a significant figure. So it is better for the track you are now.

But if you must invest in another then you split the 1 bitcoin to the number of Altcoins and invest in them









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May 29, 2024, 01:46:21 PM
 #205

The most of the traders use the bitcoin for the investment,the reason behind this was the safety.Because we know bitcoin will never get out of the market,even though bitcoin was the decentralised cryptocurrency.The traders to the bitcoin market was keep on increasing daily.Investment should be made on the altcoin after making the background verification of that project,random investment of the money in the random altcoin is like the trader playing gambling in the crypto currency trading.Check the owner profile before investing in that coin.



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May 29, 2024, 04:41:12 PM
 #206

Depending on the condition of the money we have, the more money the easier it is to invest in bitcoin and other altcoins because both can be profitable in the long term. Personally, you are more sure about which one is bitcoin or altoin. My suggestion is to invest half of the capital in bitcoin and the rest choose altcoin which has long-term potential.
It's certainly easy to invest if we've got tons of money. But if your capital is limited and you have 1 BTC only, are you going to put that on risk? It's hard to say because many Bitcoiners won't put that 1 btc on risk because who knows if many of us are targeting to see 1BTC = $1M or even more in the future, right? That's why if you're going to convert that into any other altcoin of your choice, you shouldn't regret in the future when that seemed to be an exaggerated price now has been reached.



 

 

 

 

 

 


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May 29, 2024, 08:40:30 PM
 #207

Depending on the condition of the money we have, the more money the easier it is to invest in bitcoin and other altcoins because both can be profitable in the long term. Personally, you are more sure about which one is bitcoin or altoin. My suggestion is to invest half of the capital in bitcoin and the rest choose altcoin which has long-term potential.
It's certainly easy to invest if we've got tons of money. But if your capital is limited and you have 1 BTC only, are you going to put that on risk? It's hard to say because many Bitcoiners won't put that 1 btc on risk because who knows if many of us are targeting to see 1BTC = $1M or even more in the future, right? That's why if you're going to convert that into any other altcoin of your choice, you shouldn't regret in the future when that seemed to be an exaggerated price now has been reached.
Converting Bitcoin to altcoins is never a bright idea in my opinion because Bitcoin is the best and most trusted cryptocurrency in the market, those who have their money in Bitcoin can have peace of mind because they know it is decentralized and it can gain value even if it loses it sometimes because we have seen it doing that in the past where it even went to $16k or lower but managed to regain its value and look where it is today.

Some altcoins are good, there is no doubt about that, but they can't compete with Bitcoin. So a person should only invest in altcoins if they think they have extra money that they can use for this purpose and they shouldn't convert their Bitcoin to altcoins because this can turn out to be a bad decision later on.

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May 30, 2024, 08:38:01 AM
 #208

People invest in Bitcoin so that they could have safety while they are earning money. And op, if you are holding your Bitcoin then you can see that how it growing from then to now, almost 4x in my analysis. And here is the fact that, bitcoin won't give you x10 or more, like altcoins. That's why it's comes altcoins investment in mind. And i think it could be an another opportunity to earn more if yousell some percentage of Bitcoin and holding some top leading altcoins, what are trusted and could give you decent amount of money besides bitcoin.
Then what would be the intention why OP is asking here about Idea in diversified portfolio but with altcoins maybe he already had Bitcoin in his pocket and just wanted to have extension from his target profit in the coming bull market as we are heading to this in the coming months of if not in the year more.
bitcoin will gop first and then  altcoins will comes next.

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May 30, 2024, 12:54:28 PM
 #209

It's certainly easy to invest if we've got tons of money. But if your capital is limited and you have 1 BTC only, are you going to put that on risk? It's hard to say because many Bitcoiners won't put that 1 btc on risk because who knows if many of us are targeting to see 1BTC = $1M or even more in the future, right? That's why if you're going to convert that into any other altcoin of your choice, you shouldn't regret in the future when that seemed to be an exaggerated price now has been reached.
Converting Bitcoin to altcoins is never a bright idea in my opinion because Bitcoin is the best and most trusted cryptocurrency in the market, those who have their money in Bitcoin can have peace of mind because they know it is decentralized and it can gain value even if it loses it sometimes because we have seen it doing that in the past where it even went to $16k or lower but managed to regain its value and look where it is today.

Some altcoins are good, there is no doubt about that, but they can't compete with Bitcoin. So a person should only invest in altcoins if they think they have extra money that they can use for this purpose and they shouldn't convert their Bitcoin to altcoins because this can turn out to be a bad decision later on.
It's as per decision of someone who's longing to expand his assets. But we're all in agreement that it's never been a good idea to sell your BTCs for some altcoins. There are a lot of choices but nothing beats BTC as the best choice in the market, someone needs to understand how important is your decision making when you invest in the market. If you're fine to lose your BTC with some altcoins as your preference, then you have to bear with the consequences.



 

 

 

 

 

 


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Lamkuthang
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May 30, 2024, 03:53:40 PM
 #210

based on my own understanding i think you are right in terms of buying and holding altcoins right now,that is a good strategy in the start of bull season, we cant deny that we are now at the start of a bull season and the start of rising of price of some good altcoins they are listed on coingecko and CMC tou can find it there and select.

The current conditions seem right to enter and start buying again, the market is still not showing signs of a bull run, but preparations must be in place in case it happens at any time.

Just to monitor the data, it's good at CMC because there are lots of choices of information there, there are also lots of people competing, both memes and non-memes, which are also clearly visible. In my opinion, it's a good idea to choose one that hasn't really experienced a significant increase and whose ATH might be better.



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May 31, 2024, 11:26:15 PM
 #211

I think you don't need to get scared if you choice potential altcoins for investment. Good altcoins will never make you disappointed. solana, matic, bnb, ada, near, fantom and there are many more in that list. Don't sell all your Bitcoin but sell some percentage for buying those altcoins. But if you buy new altcoins, that could be dengerous. Also I saw many new altcoins are getting successful nowadays. You can check this or try this with little money you can lose. New altcoins also bring many opportunities. So analysis about those. But you can always go to investment with good and potential altcoins anytime

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June 01, 2024, 05:44:02 AM
 #212

I think you don't need to get scared if you choice potential altcoins for investment. Good altcoins will never make you disappointed. solana, matic, bnb, ada, near, fantom and there are many more in that list. Don't sell all your Bitcoin but sell some percentage for buying those altcoins. But if you buy new altcoins, that could be dengerous. Also I saw many new altcoins are getting successful nowadays. You can check this or try this with little money you can lose. New altcoins also bring many opportunities. So analysis about those. But you can always go to investment with good and potential altcoins anytime
I think OP is asking about what coins or something like specific currency to invest his 1 bitcoin since I believe
that he already have bitcoin in her pocket so now he wanted a diversification , you have mentioned   a lot of names
in which 6 currencies so that is a large choices mate for OP to decide but what I do missed Ethereum in your coins
list? do you not trust ETH?
based on my own understanding i think you are right in terms of buying and holding altcoins right now,that is a good strategy in the start of bull season, we cant deny that we are now at the start of a bull season and the start of rising of price of some good altcoins they are listed on coingecko and CMC tou can find it there and select.

The current conditions seem right to enter and start buying again, the market is still not showing signs of a bull run, but preparations must be in place in case it happens at any time.

Just to monitor the data, it's good at CMC because there are lots of choices of information there, there are also lots of people competing, both memes and non-memes, which are also clearly visible. In my opinion, it's a good idea to choose one that hasn't really experienced a significant increase and whose ATH might be better.



yeah the market is being in a roller coaster ride that will grow today and drops tomorrow
that is something that we need to consider and need to invest now or missed the chance tomorrow .

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