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Author Topic: Bitcoin seems to be still the best pick  (Read 1423 times)
pereira4
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March 01, 2017, 04:01:23 PM
 #1

I was thinking about buying other coins to profit and make more BTC too as BTC grows, but I don't see a clear pick to risk my bitcoins at...

Maybe I should have bought ETH and DASH but what did I knew? Even this ZCASH crap pumped to like 30%, but how can you even foresee that?

I guess ETH is a good pick because ETH keeps getting shilled by microsoft and all those big companies but ultimately that means nothing...

I don't know what to do. I want more BTC, but I see no clear investments... fuuuck Sad(

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March 01, 2017, 04:12:06 PM
 #2

stick to btc then for now.

depends how many btc you have.

If you have 1000+ then you can easily risk 50 btc playing with good prospects.

If you have 100 btc then risk 5 BTC

Even with 20 BTC i would say risk at least 1 BTC playing with a few alts that have proven developers and a community around them. A few good outsiders can return nicely on 1BTC.

I like it more risky with 50 % btc now and 50% alts...

Even just months ago I was 80% alts. Too many scams out now though so have got back to btc and a bunch of reliable alts with a good dev.

Some alts look crazy undervalue whilst others look crazy over valued. I guess hours of reading and browsing on here gives you the chance to make the best guesses unless you're a serious developer/coder then you will know which ones offer the most for the money .

Having said all that - exchange manipulation, whale manipulation, hacks, etc all can not be accounted for easily so it's a minefield.

Getting on a x10 or x100 is obviously fun but those are few and far between.

I guess selling BTC before 10th march is not a good plan ... i expect many may have their fingers on the triggers awaiting the outcome of the etf ..
Be nice to know beforehand which way that will go. Or perhaps it won't make as huge a difference and we think.




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mining1
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March 01, 2017, 04:31:03 PM
 #3

Let me enlighten you. Buy ETH now, before metro is released, and if you're a trader then just sell it after. You'll easily make 5$ profit per ether. However, if you go for 1year+, you can easily double what you have. Because constant development, and then it'll be close to serenity and it's huge hype.
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March 01, 2017, 05:01:13 PM
 #4

Let me enlighten you. Buy ETH now, before metro is released, and if you're a trader then just sell it after. You'll easily make 5$ profit per ether. However, if you go for 1year+, you can easily double what you have. Because constant development, and then it'll be close to serenity and it's huge hype.

It seems both the ETH and ZEC has reached bottom.
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March 01, 2017, 05:06:32 PM
 #5

stick to btc then for now.

depends how many btc you have.

If you have 1000+ then you can easily risk 50 btc playing with good prospects.

If you have 100 btc then risk 5 BTC

Even with 20 BTC i would say risk at least 1 BTC playing with a few alts that have proven developers and a community around them. A few good outsiders can return nicely on 1BTC.

I like it more risky with 50 % btc now and 50% alts...

Even just months ago I was 80% alts. Too many scams out now though so have got back to btc and a bunch of reliable alts with a good dev.

Some alts look crazy undervalue whilst others look crazy over valued. I guess hours of reading and browsing on here gives you the chance to make the best guesses unless you're a serious developer/coder then you will know which ones offer the most for the money .

Having said all that - exchange manipulation, whale manipulation, hacks, etc all can not be accounted for easily so it's a minefield.

Getting on a x10 or x100 is obviously fun but those are few and far between.

I guess selling BTC before 10th march is not a good plan ... i expect many may have their fingers on the triggers awaiting the outcome of the etf ..
Be nice to know beforehand which way that will go. Or perhaps it won't make as huge a difference and we think.





i like your suggestion but i would risk less, let's say 1% if you have 100 only 1 btc and so on, because for now altcoin are very risky with bitcoin that is so high and keep rising, the money are all there and few people are investing in bitcoin, and the chance to have them pumped high like few months ago are much more slim



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Rainbot
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March 01, 2017, 05:13:05 PM
 #6

I was thinking about buying other coins to profit and make more BTC too as BTC grows, but I don't see a clear pick to risk my bitcoins at...

Maybe I should have bought ETH and DASH but what did I knew? Even this ZCASH crap pumped to like 30%, but how can you even foresee that?

I guess ETH is a good pick because ETH keeps getting shilled by microsoft and all those big companies but ultimately that means nothing...

I don't know what to do. I want more BTC, but I see no clear investments... fuuuck Sad(

With other coins you can make much better profit in short term than with BTC. However, BTC is the "gold".
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March 01, 2017, 05:25:26 PM
 #7

The golden maxim is don't invest in what you don't understand well. If you don't know ETH as intimately as @mining1 does and don't feel the urge to be one his flock, then leave that on the table for others.

I prefer to invest in what I believe in. That which I think will be very important.

Bitcoin has that attribute, but Etherem et al are just shitcoins to me, because I am a developer and I understand the technology. @mining1 sees it from a different perspective than mine. He sees hype coming and a lot of fanboys who will wet their pants. He is probably correct, but I don't care. I invest in what I believe in and understand.

I don't think Monero is a shitcoin, but I haven't looked at the chart and sentiment lately so I can't give any recommendation on what price to buy it. I had advised to buy it right below it made its huge run up. But I am ambivalent at the moment (mostly for lack of time to think about it and also because our ecosystem is a cesspool so fundamental tech may not matter).
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March 01, 2017, 05:39:58 PM
 #8

I was thinking about buying other coins to profit and make more BTC too as BTC grows, but I don't see a clear pick to risk my bitcoins at...

Maybe I should have bought ETH and DASH but what did I knew? Even this ZCASH crap pumped to like 30%, but how can you even foresee that?

I guess ETH is a good pick because ETH keeps getting shilled by microsoft and all those big companies but ultimately that means nothing...

I don't know what to do. I want more BTC, but I see no clear investments... fuuuck Sad(

Divide your investment is a good move, as we know not to put all eggs in one basket. yes, bitcoin still the best option we have, but some coins really has good potential and may take the second place after bitcoin, and other coins has significant increases within a week. Just observe the market and choose wisely which one, I prefer to buy ethereum, byteball and zcash but still learning about them.



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iamnotback
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March 01, 2017, 05:49:39 PM
 #9

And don't listen to people who are just learning and think the thing they bought yesterday is great or worthy of the hassle of you slicing up your focus.  Roll Eyes
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March 01, 2017, 05:56:00 PM
 #10

If you are confident in BTC you can make more BTC buying a margin long position on it and not have to mess with alt coins at all..

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March 01, 2017, 06:09:48 PM
 #11

I was thinking about buying other coins to profit and make more BTC too as BTC grows, but I don't see a clear pick to risk my bitcoins at...

Maybe I should have bought ETH and DASH but what did I knew? Even this ZCASH crap pumped to like 30%, but how can you even foresee that?

I guess ETH is a good pick because ETH keeps getting shilled by microsoft and all those big companies but ultimately that means nothing...

I don't know what to do. I want more BTC, but I see no clear investments... fuuuck Sad(

When the bitcoin price is increasing too much it's really a common thing to see that there's no action from other altcoins. That is the always happening everytime there is a situation like that.

Since we are in the risky investment of doing bitcoin and altcoin trades, why don't try to face the real risk by buying your mentioned coins since you think those are good picks. There is no people who can give an accurate answer here since all are unexpected. If you have spare amount and really confident that soon other alts will rise again, then give it a shot and see what will happen.

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iamnotback
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March 01, 2017, 06:13:24 PM
 #12

When the bitcoin price is increasing too much it's really a common thing to see that there's no action from other altcoins. That is the always happening everytime there is a situation like that.

Since we are in the risky investment of doing bitcoin and altcoin trades, why don't try to face the real risk by buying your mentioned coins since you think those are good picks. There is no people who can give an accurate answer here since all are unexpected. If you have spare amount and really confident that soon other alts will rise again, then give it a shot and see what will happen.

So in other words we should gamble with our lunch money correct?

Better than some dead coin like litecoin.

"Better"? In what way is Dash better?

Oh you mean a better way to lose your lunch money speculating on price moves instead of investing in actual benefits for society?
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March 01, 2017, 06:50:28 PM
 #13

I was thinking about buying other coins to profit and make more BTC too as BTC grows, but I don't see a clear pick to risk my bitcoins at...

Maybe I should have bought ETH and DASH but what did I knew? Even this ZCASH crap pumped to like 30%, but how can you even foresee that?

I guess ETH is a good pick because ETH keeps getting shilled by microsoft and all those big companies but ultimately that means nothing...

I don't know what to do. I want more BTC, but I see no clear investments... fuuuck Sad(

With other coins you can make much better profit in short term than with BTC. However, BTC is the "gold".
yes indeed, with a great timing and proper information those alts can really give you a lots of money but in terms of stability
bitcoin is consider as the gold inside crypto, as it has its basis and all alts vary with its current value, bitcoin already show
how profitable crypto can bring not only with it but with alt as well.



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NUFCrichard
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March 01, 2017, 08:41:52 PM
 #14

stick to btc then for now.

depends how many btc you have.

If you have 1000+ then you can easily risk 50 btc playing with good prospects.

If you have 100 btc then risk 5 BTC

Even with 20 BTC i would say risk at least 1 BTC playing with a few alts that have proven developers and a community around them. A few good outsiders can return nicely on 1BTC.

I like it more risky with 50 % btc now and 50% alts...

Even just months ago I was 80% alts. Too many scams out now though so have got back to btc and a bunch of reliable alts with a good dev.

Some alts look crazy undervalue whilst others look crazy over valued. I guess hours of reading and browsing on here gives you the chance to make the best guesses unless you're a serious developer/coder then you will know which ones offer the most for the money .

Having said all that - exchange manipulation, whale manipulation, hacks, etc all can not be accounted for easily so it's a minefield.

Getting on a x10 or x100 is obviously fun but those are few and far between.

I guess selling BTC before 10th march is not a good plan ... i expect many may have their fingers on the triggers awaiting the outcome of the etf ..
Be nice to know beforehand which way that will go. Or perhaps it won't make as huge a difference and we think.


I like that you are talking to the masses, if you have 1000 Bitcoins - $1.2million worth!
A shorter version would also be - invest 5% of your bitcoin in alts.

I think that when Bitcoin's price is generally rising, then hold bitcoin. When the price levels out or drops, then invest in the alts of choice at the time, now Monero, Dash, ETH or alike.


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Herbert2020
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March 02, 2017, 06:51:57 AM
 #15

when in doubt, just invest your money in bitcoin and keep it long term. the chances of losing money with buying bitcoin is so small they are practically non-existent.

all the altcoins you see are good for investment but only short term and preferably before the pump so that you can dump it hard on the top and take the profit and run like hell Smiley
the key is figuring out when the pump is going to come.

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Spoetnik
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March 02, 2017, 07:28:04 AM
 #16

What about Litecoin ?

FUD first & ask questions later™
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March 02, 2017, 09:43:34 AM
 #17

Yes, because of the past performance, it has reached $1000 went to below $1000 and make a come back, most of these ALtcoins can't be said to have this type of movement. Bitcoin now is a global currency unlike more of the tech ideas that has no real world use

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March 02, 2017, 10:04:31 AM
 #18

you are saying Dash and ETH as if they are the only two altcoins that had gone up in the past week!
everyday in altcoin market there is a new coin that is being pumped. the only difference is that those altcoins are being pumped and one or two person only talk about them and volume is less than 100BTC but with those two the volume is bigger and shills are also more and bagholders are also more so they are seen more!!!

if you want profit you can invest in anything and make profit and then go back to bitcoin with a larger wallet.

What about Litecoin ?

Litecoin is still under the radar for the time being. and it will get pumped to the moon at some point.

my expectation is mostly when SegWit is activated on it or when Chinese exchanges open again.














 

 

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ekoice
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March 02, 2017, 10:13:41 AM
 #19

You can gain more BTC by investing in Altcoins. But you should be able to find the most under valued coin to invest.Now Bitcoin rally is going. So just be patient and once bitcoin price becomes stable, invest in an Altcoin which you found as best.But, better know the trading tactics before investing.
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March 02, 2017, 11:12:56 AM
 #20

For investment principal, I always choose types of investment that I know well. It same like choose what coin you want to buy to grow profit on the rise up price. Bitcoin is known as the best cryptocurrency ever and there is nothing altcoins can replace it place until now. Maybe some altcoins like etherum or dash looks good on the market, but it's all about money. You choose what you think can bring you the profit. And you take your own risk.

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