Best time to hold other currencies aside from bitcoin

[Xester]

Aside from bitcoin being the center of attention we must also include other cryptocurrency that the virtual economy has to offer.
Bitcoin before from less a dollar has shown a tremendous increase in price that goes up to 700$.

That potential is also potent to other currency. So it is best if we will not only focus on bitcoin but rather the whole cryptocurrency economy.

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[pereira4]

Aside from bitcoin being the center of attention we must also include other cryptocurrency that the virtual economy has to offer.
Bitcoin before from less a dollar has shown a tremendous increase in price that goes up to 700$.

That potential is also potent to other currency. So it is best if we will not only focus on bitcoin but rather the whole cryptocurrency economy.

BTC is the only one holding long term, but playing with alts can give you great results if you know when to buy and sell... it's all about timing.

Right now, MAID seems like a good buy. ETH can always pump... there's a lot of people involved even tho I don't like the coin.
XMR, I think will eventually pump too.

[Leonard2016]

Aside from bitcoin being the center of attention we must also include other cryptocurrency that the virtual economy has to offer.
Bitcoin before from less a dollar has shown a tremendous increase in price that goes up to 700$.

That potential is also potent to other currency. So it is best if we will not only focus on bitcoin but rather the whole cryptocurrency economy.

not really.
only bitcoin is worth holding on to because it has a clear successful future. the rest of the cryptocurrencies are only pump and dumps with no clear future.
so holding any of them for long term is a tremendeus risk that i am not willing to take.

[kingaltcoins]

You can start holding Ethereum as of now since they have undergone a hard fork for good.
The price has significantly risen since then.

If you want to hold other cryptos besides Ethereum then you can visit http://coinmarketcap.com and invest on the first 5 coins that are enlisted there. They are the highest regulated cryptocurrencies of all time.
Except ripple because ripple is a pre-mined scam.

[bitkilo]

Aside from bitcoin being the center of attention we must also include other cryptocurrency that the virtual economy has to offer.
Bitcoin before from less a dollar has shown a tremendous increase in price that goes up to 700$.

That potential is also potent to other currency. So it is best if we will not only focus on bitcoin but rather the whole cryptocurrency economy.

not really.
only bitcoin is worth holding on to because it has a clear successful future. the rest of the cryptocurrencies are only pump and dumps with no clear future.
so holding any of them for long term is a tremendeus risk that i am not willing to take.

Bitcoin is number one now but anything could happen in the future, remember when MySpace was number one.

Doesnt all the in-house fighting within the bitcoin devs not worry you regarding the future of bitcoin?

Im not an alt coin investor but i always have my eye on what's new.

[pearl11]

Aside from bitcoin being the center of attention we must also include other cryptocurrency that the virtual economy has to offer.
Bitcoin before from less a dollar has shown a tremendous increase in price that goes up to 700$.

That potential is also potent to other currency. So it is best if we will not only focus on bitcoin but rather the whole cryptocurrency economy.

not really.
only bitcoin is worth holding on to because it has a clear successful future. the rest of the cryptocurrencies are only pump and dumps with no clear future.
so holding any of them for long term is a tremendeus risk that i am not willing to take.

Bitcoin is number one now but anything could happen in the future, remember when MySpace was number one.

Doesnt all the in-house fighting within the bitcoin devs not worry you regarding the future of bitcoin?

Im not an alt coin investor but i always have my eye on what's new.

No other altcoin can defeat the power of bitcoin. Cause 7 years have passed and bitcoin is still standing and getting  stronger.
By 2020 bitcoin is the one standing and all altcoins will gone.

[TGD]

Aside from bitcoin being the center of attention we must also include other cryptocurrency that the virtual economy has to offer.
Bitcoin before from less a dollar has shown a tremendous increase in price that goes up to 700$.

That potential is also potent to other currency. So it is best if we will not only focus on bitcoin but rather the whole cryptocurrency economy.

Not all crypto currency, just focus in altcoin that have a potential but not buy or hold all altcoin. There is many create just to scam people's money and don't have road map and good project.

[Shiroslullaby]

Eventually we will see the rise of another coin.
Maybe Etherium will be the second coin. Maybe it will crash.
It's a good sign to see Coinbase start dealing with Etherium, though.

I keep looking at Zcash.
It's an interesting idea to have anonymous transactions, and it has some huge investors.

Eventually some other currency will stick.
But most altcoins are just some pump and dump scheme right now.

[hasiramasenju]

i have bad experience holding too longer the particular altcoins without see the market cap and i was very wrong to predict the prices because only in a month those coins become an dead coin and delisted on exchange and since that i have no doubt only bitcoin is the best coin for long term holder and i was never holding long term altcoins any longer because those experience was enough for me

[phreaky]

Investing in other currencies is a good thing to do, if we talk about a currency that has potential. If you check out the top 50 altcoins on coinmarketcap: http://coinmarketcap.com/
You will find they hold a lot of value, billions. which tells me there is potential there.

[BitHodler]

No. I am only putting trust and faith in Bitcoin as other (altcoins) currencies are just here for people to throw some money at in order to make quick dollars.

That's why I will never "invest" a single penny or Satoshi in any of the altcoins. I say "invest" because it's more like gambling.

[Doamader]

If you are dreaming into a cash machine you should own a portion of each altcoin, dreaming with the new potencial bitcoin, but i doubt any cryto currencie can reach bitcoin direction, sure some coin can be pumped and this happens all days, soo try to get the more coins as possible and hold them, your time will come as long someone has interest into it besides the developers.

[Xester]

Investing in other currencies is a good thing to do, if we talk about a currency that has potential. If you check out the top 50 altcoins on coinmarketcap: http://coinmarketcap.com/
You will find they hold a lot of value, billions. which tells me there is potential there.

That is very true and thank you for supporting my argument. I have been observing the coinmarket and you are right. That is also the basis of my opinion. If in case it will succeed then we will laugh in the end and those who do not believe will regret. But if it is a failure there is no big loss since we have it when there value is very low.

[The Sceptical Chymist]

No. I am only putting trust and faith in Bitcoin as other (altcoins) currencies are just here for people to throw some money at in order to make quick dollars.

That's why I will never "invest" a single penny or Satoshi in any of the altcoins. I say "invest" because it's more like gambling.

That's funny, because I put invest in quotes in another thread for much the same reason.  I've made a very small amount of money trading altcoins, but I've found that it's just as risky as trading penny stocks.  I think if I did it for an extended period of time I'd lose everything I put in, and I'm not going to be the sucker who does that.

I agree, bitcoin is it.  Other coins may be a trader's dream but if any crypto is going to survive, it's going to be bitcoin.

[mobnepal]

What bitcoin does in past is quite impressive and also being first have been advantageous for bitcoin to get quick adoption. However the challenges for any new coin to get same adoption and popularity just like bitcoin is very high and i think it is almost impossible for any other coin to get same price hike just like bitcoin. However ethereum is showing somewhat better chance on getting much more attention than other alts out there. Although recent security flaw in the dampps of ethereum has effected their growth so much that it may have to re-consider how dampps will be worked on their platform in future.

[iqlimasyadiqa]

Aside from bitcoin being the center of attention we must also include other cryptocurrency that the virtual economy has to offer.
Bitcoin before from less a dollar has shown a tremendous increase in price that goes up to 700$.

That potential is also potent to other currency. So it is best if we will not only focus on bitcoin but rather the whole cryptocurrency economy.

yes, it's been started many other digital currencies are emerging. movement of altcoin faster and unpredictable. we can take advantage of this. look for other alternatives and too focused on bitcoin is a regret.

[outatime1]

It maybe a good idea to hold some of the major altcoins such as etherium, dash, litecoin, etc. I don't think I can afford to hold any altcoins right now, so I'm focusing on building up my bitcoin balance, but I would look at adding altcoins back in when I am satisfied with my bitcoin holdings. I think some of the altcoins will stick around an be used along with bitcoin.

[SmartIphone]

Aside from bitcoin being the center of attention we must also include other cryptocurrency that the virtual economy has to offer.
Bitcoin before from less a dollar has shown a tremendous increase in price that goes up to 700$.

That potential is also potent to other currency. So it is best if we will not only focus on bitcoin but rather the whole cryptocurrency economy.

We are free to decide where to invest our money, It is good to check also other coins because we are up to date what other cryptocurrencies are doing.
An investment than can bring profit (not always) can be investing in new coins at the ICO phase and then sell after a while.

[entrepmind23]

Aside from bitcoin being the center of attention we must also include other cryptocurrency that the virtual economy has to offer.
Bitcoin before from less a dollar has shown a tremendous increase in price that goes up to 700$.

That potential is also potent to other currency. So it is best if we will not only focus on bitcoin but rather the whole cryptocurrency economy.

I agree with this one. With bitcoin already making a name and attracting investors, there is a possibility that other cryptocurrency will also increase in value. Some of it has already dollar value and trading with dollars . Maybe an investor will pump it and then others will follow through then become stable in value. We will never know.  Bitcoin is the father of cryptocurrency and there will be others in the future also that will be better than bitcoin because people are always researching and inventing so it is a big possibility that someday another cryptocurrency will overtake bitcoin. Just like what happen to social media before, I can remember only Friendster as a big hit before then facebook appear and then slowly Friendster disappear in the scene. It’s a never ending process. It just keeps evolving.

[xuan87]

Crypto coins has become phenomenal since past few years, it has grown to a large scale, it is a good idea to hold some alt coin, some of the coin has the potential to reach bitcoin spot, although not in short period of time, for now bitcoin is still the king of cryptocurrency but there is no guarantee that it can last forever