invest only in bitcoin?

[svladovsky]

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

You could also find a good ICO and invcest in it, just saying

[2stout]

Absolutely not, however it should be one of your holdings.

[sunday88]

This strategy is good only for beginners. I think that for experienced members of the bitcoin community this strategy seems very boring. They are more interested in buying altcoins, taking risks and getting a good profit / loss.

[Dragonrage201]

This strategy is still valid. So long as Bitcoin remains the king of cryptos,it is a must-have in all portfolios. After bitcoin, you can diversify into other top coins and ICOs.

[soloinvestor]

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

In my opinion, it is better to make your own research and trust your guts.

The most of the privacy coins are undervalued right now.

The best opportunity is to find a privacy-related project with a low total supply (less than 100M), that way the price will be increasing much faster.

I recently found one project called Ethereum Meta, it is related to anonymity and untraceable transaction. They have a very interesting project to build the Anonymous E-Market Place.

They are on exchanges right now, you can check their website: https://ethermeta.com/
Or even better go through their Bitcointalk thread: https://bitcointalk.org/index.php?topic=2659058.0

[blue_nexus15]

There are many investment opportunities in the cryptocurrency market that you can join if you are really exploring this market. Bitcoin is a great crypto for long-term investment but it will definitely not be profitable for you because it's too expensive. In order to increase your profits, you should learn about the new altcoin to invest in, so be sure to carefully analyze the project before investing to reduce the risk.

[bitterguy28]

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

It depend on your feelings where you're comportable to invest, you can invest both bitcoin and choose one altcoin have potential to grow in the marketplace, I recommend choose in the top ten altcoins.
But if asking me i got ethereum and bitcoin as my long term investment.

[baricuri]

There are many investment opportunities in the cryptocurrency market that you can join if you are really exploring this market. Bitcoin is a great crypto for long-term investment but it will definitely not be profitable for you because it's too expensive. In order to increase your profits, you should learn about the new altcoin to invest in, so be sure to carefully analyze the project before investing to reduce the risk.

Your advice is very true. There are many potential altcoin, if you buy them you can yield x10 or x 20 times your original capital. Bitcoin is currently not attractive to investors. Their value is quite high and varies considerably. I do not encourage you to choose Bitcoin to invest. Choose other potential Altcoins.

[Yodo]

If you want to make 10-100x, you should choose only altcoins. The thing is, know it's like finding a needle in a haystack.But valuable projects do exist.For example ZRX ( a platform to trade E20 tokens on Ethereum blockchain, they skyrocketed quite recently), byteball, spectrecoin. You should google, PM more seasoned forum members and ask questions. The cryptocurrency market is far away from the dotcom bubble, which was about 6 trillion, so, "there is a plenty of room at the bottom"(c).
By the way, right now you can participate  in an ongoing ICO and get 450 000 marinecoins. 8,1B will be distributed for free between first 20 000 members, so catch the train. They already can be traded at f1cx exchange for btc,ltc and doge. Someday they will be listed on another bigger exchange and price will rise. As long as it's free, you have nothing to lose.

[JHED1221]

If you want a long term take a look at ethereum(eth) this one still kicking the market give a trust to this one

[hani1929]

you can also invest other altcoin just dont focus on investing bitcoin. if  you want to gain more profit try to invest other altcoins like eth.

[littleDarper]

Honestly unless you feel confident investing in altcoins and researching the market, I'd recommend sticking to this advise and investing only in BTC. You can't go wrong with it, and it's a solid long term hold.

[allcryptominer]

No not only in BTC. You should spread your investment over a few coins and never put all your eggs in same basket. Yes bitcoin should be your biggest bag maybe 50% then spread the rest over some other altcoins with big potential.

[dedelp01]

Id prefer to have lots of investment. BTC  and ETH are good crpto to invest. Especailly ETH, this coin has a very promising future you might start to invest in this coin.

[Images21]

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

I think it is much better not to put all your eggs in a single basket. The reason is very obvious. When something bad happens to the investment into which you put all your money, you have no more other ways to go. So you might want to explore some other coins. Although I would say that in terms of Bitcoin, it is really the safest and the most reliable cryptocurrency right now. But this is not to say that there are no more other promising cryptos out there that are also wise investments.

[yiuinubol]

The current cryptocurrency market is volatile making the alt prices fall. There are many potential altcoin like BTC, ETH NEO .. but I recommend sticking with this advice and only invest in BTC, because it is a solid long-held organization, it is really the safest. and most reliable cryptocurrency right now

[dyline]

Invest in Bitcoin and altcoins it's good thinking.Bitcoin and choose right altcoins to invest.

[Thanasis]

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

If the OP did that,now he already have a big returns from the investment because the price of bitcoin went to $20000 from $2500 eight times profits.So this is a good lesson fro the new investors if you are going ti invest in bitcoin then make your investment in long term like one or two years.Then you can know what is the real return from the bitcoin investment.But altcoin investments are more profitable than bitcoin but it is hard to find that altcoin.

[linkybit]

Bitcoin is at the really good price for new investors at the moment ($8600), however, investing in Altcoins is also not a bad option at the moment. Eth, Waves and NEO had a good future ahead.

[Leah38]

Invest on a potential ICO. Holding bitcoin is great but diversify and make use of it. Bitcoin price goes up and down so just go with the flow. Trade, Invest ,diversify. There's a lot of good ICOs these day. Do some research. You can check my signature for a start.