invest only in bitcoin?

[sammys]

Now we can count Bitcoin and +1000 altcoin. And people say bitcoin is safe port because a lot of altcoin is scam and untrustable but at least there are safe ports.You should keep going to read articles about altcoins you can find your safe port altcoins Good luck bro.

[hamdun]

Hello,

A question of a beginner, I read several articles that say better invest in bitcoin only (most of articles are from 2015-2016), but as bitcoin exceeds now $2500, I do not know if this rule still holds.

I want to invest a lot of money (let's say $3000), but I do not know if I have to invest only in bitcoin or other alcoins? What do you recommend?

Thank you

Bitcoin does have a much higher price than its crypto coin. I think bitcoin is not the only investment in crypto, there are altcoins that have good prospects, and it can also be a consideration for choosing an investment.

[Lalapan]

do not put eggs in one basket, I think you'd better invest your money in some popular coins, such as eth, neo and others. this way the profits you get will be bigger than you invest in one coin only.

[jackjackfly]

You need to keep a diverse portfolio. This is because we have witnessed a crash in the market of the Bitcoin in the early days of the year. Many people lost pretty much and few quit the business. What I want to say is that keep your portfolio diverse because it helps share the loss in case the prices in one asset you have invested in falls. The remaining invested money is still there and not gone anywhere.

Yeah you are completely right. However I would even say, that pretty many people have quited crypto market as they are afraid to lose more. Sometimes I actually think that only bounty hunters are left in this market xD As everything I see everywhere is come here are an airdrop, come here you can earn free. Can this be called an airdrop disease? x)

[Ekaterinat]

Hello,
A question of a beginner, I read several articles that say better invest in bitcoin only (most of articles are from 2015-2016), but as bitcoin exceeds now $2500, I do not know if this rule still holds.
I want to invest a lot of money (let's say $3000), but I do not know if I have to invest only in bitcoin or other alcoins? What do you recommend?
Thank you

Yes, if you did buy bitcoin for $ 2500 then you would now be happy with a good profit. But many altcoins from Top 100 coinmarketcap have increased in price many times too. And now, almost a year later, we can compare the price dynamics and draw appropriate conclusions.

[baricuri]

Yes, perhaps you are wise, because BTC is the leading coin of the Crypto market, the price of BTC has a big impact on other altcoins so when the BTC price increases will lead to the price of other altcoin increase as and when price Decreased BTCs will result in lower prices for atlcoin. So holding the BTC is a wise decision.

[hansbans]

do not put eggs in one basket, I think you'd better invest your money in some popular coins, such as eth, neo and others. this way the profits you get will be bigger than you invest in one coin only.

I agree. It's a good time to invest. it would be a better investment to buy just a few altcoins instead of just getting bitcoin, you can earn more money with altcoins now

[2chase]

Bitcoin is most famous coin but should not be limited to investments only in it. It is better to diversify your investments and in addition to BTC to buy more ETH, Ripple, NEO and other promising altcoins.

[Coffeehot]

long-term investment in bitcoin is good . you can hold it for years . altcoins may die , bitcoin won't . you can invest in ncash if you want to get a fat return in the short term . it's now 4 cents . i predict it will be five dollars by the end of the year .

[ApocalypseNow]

It would be less risk for you but if you see a great potential to make huge profit on altcoins which is already proven then just set the majority of your bitcoin investment to either 70% or 80% of your total portfolio.

[Anne8]

Hello,

A question of a beginner, I read several articles that say better invest in bitcoin only (most of articles are from 2015-2016), but as bitcoin exceeds now $2500, I do not know if this rule still holds.

I want to invest a lot of money (let's say $3000), but I do not know if I have to invest only in bitcoin or other alcoins? What do you recommend?

Thank you

Most of people, traders or investors would suggest us to spread our portofolio into some good altcoin and also put bitcoin in the list.
By spreading our portofolio we can get minimum risk and maximum profir because we split our risk into some of the altcoin. There are many altcoin out there which is good for investment so if we in invest only in bitcoin then our investment portofolio become not healthy.

[tycsols]

I am also a bitcoin holder but if you are a decent enough investor i would suggest to atleast invest in 5-10 top coins, this will reduce the risk and your portfolio will also be more profitable over long time.

[LeaderAMB]

Now we can count Bitcoin and +1000 altcoin. And people say bitcoin is safe port because a lot of altcoin is scam and untrustable but at least there are safe ports.You should keep going to read articles about altcoins you can find your safe port altcoins Good luck bro.

A lot of people said that Bitcoin is safe and better than altcoins but i don't think so.
We can't negate that Bitcoin is the best choice to investing because it is still leader of cryptocurrencies and occupy more than 40% the capital of crypto market but technology of Bitcoin is too old and less useful so i afraid Bitcoin will be replace by other altcoin in the future.
While now have a lot of altcoins that have good real projects and useful for some field of society, so investing in them are absolute safe even you can get much benefit than investing in Bitcoin.

[ThorWin]

In my opinion you should choose more than 2 portfolios. This will reduce your risk. Although the price of altcoin depends on the price of BTC but not necessarily so, their rate of increase and decrease are different.

[Riga]

This will bring you less profit than investing in alternative coins. But when investing in bitcoin you are less risky. You must choose what you like best.

[bitcoinking11]

At present, there are other good options available too. There are also some more established altcoins such as Ethereum, Neo, Litecoin, Ripple, Cardano, and Monero. It is entirely your decision, as the price of bitcoin has also come down sharply over the past few months. So, it is still a very good option for investment.

[andron8383]

If you are a noob and lead a normal life with good income outside of crypto I would say you need to invest into bitcoin and forget about it for a few years. Buy like 1 bitcoin or 2 if you can and just hold them and don't stress about it. If you buy alts, they can pump but also dump to almost 0

[bhobafett]

Invest in other coins also like Ethereum, Neo, Ripple etc. You can earn big in Bitcoin but you can also earn big in some altcoins. There are so many altcoins that has a lot of potentials to get a higher price someday.

[Arkhi]

No, now investment can be done in many places. Not just in bitcoin alone. In altcoins many good coins and worth investing, for example, ETH and BCH. ETH and BCH I think it's good to invest and so far the development is also pretty good and always increase. But bitcoin remains the most important thing in terms of investment trust. Bitcoin is superior to altcoins.

[tuncaysanli395]

I can suggest you to create a portfolio like that consists of %30 of potential altcoins, %30 for new Ico and %40 of Bitcoin or ETH