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Author Topic: invest only in bitcoin?  (Read 2169 times)
enovhero (OP)
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June 09, 2017, 01:56:09 PM
 #1

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
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June 09, 2017, 02:00:57 PM
 #2

If you plan for a long term investment, then Invest your money on Ethereum and Waves, both platform are used by many tokens and assets. It's getting popular now.
But you want to be a daily trader, I can't recommend it. You can explore the altcoins thread and analyze what coin is good for daily speculate.

enovhero (OP)
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June 09, 2017, 02:30:55 PM
 #3

If you plan for a long term investment, then Invest your money on Ethereum and Waves, both platform are used by many tokens and assets. It's getting popular now.
But you want to be a daily trader, I can't recommend it. You can explore the altcoins thread and analyze what coin is good for daily speculate.

ok thanks for information.
what about bitcoin, I invest on it too?
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June 09, 2017, 02:31:44 PM
 #4

If you plan for a long term investment, then Invest your money on Ethereum and Waves, both platform are used by many tokens and assets. It's getting popular now.
But you want to be a daily trader, I can't recommend it. You can explore the altcoins thread and analyze what coin is good for daily speculate.

I agree, for long term investment you can invest on Ethereum and Waves but I would suggest to divide your money. Half would be for bitcoin trading and half would be for altcoin trading. As you can see the price of bitcoin is increasing almost every week for the past few months. And I'm not a fan of daily trading 'cause most of my coins are for long term, do a research and check at coinmarket which coins are mostly active for daily trading.
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June 09, 2017, 02:43:16 PM
 #5

If you plan for a long term investment, then Invest your money on Ethereum and Waves, both platform are used by many tokens and assets. It's getting popular now.
But you want to be a daily trader, I can't recommend it. You can explore the altcoins thread and analyze what coin is good for daily speculate.

I agree, for long term investment you can invest on Ethereum and Waves but I would suggest to divide your money. Half would be for bitcoin trading and half would be for altcoin trading. As you can see the price of bitcoin is increasing almost every week for the past few months. And I'm not a fan of daily trading 'cause most of my coins are for long term, do a research and check at coinmarket which coins are mostly active for daily trading.

You think bitcoin will still grow with time? I don't think that bitcoin can exceed $5000
For example I'll invest $1500 in bitcoin (0.75 BTC) and other amount in other coins. Is that good idea?
DRaGoN RaNTaRo
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June 09, 2017, 05:06:37 PM
 #6

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?
With the current price of bitcoin over at $2800 it looks like you are able to purchase a single coin which i think is not a very huge investment,i am not under mining the price but it is not worth to purchase bitcoin with a low amount of bank roll when your ultimatum i guess is to make some good profit.Just diversify your investment in some good alt coins or ICO.
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June 09, 2017, 05:22:22 PM
 #7

Bitcoin is a sinking ship, yes the music is still playing, yes people are dancing on the decks, but still sinking. ICEEEBERGGGGG
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June 09, 2017, 05:29:41 PM
 #8

I remember a few years back people saying BTC will be worth $10 000 one day. Nowadays this looks more than possible, and I'm wondering if the other ridiculous sounding prediction from current days will come true. That is that BTC will be worth $1 million per 1 BTC one day, and I think at some point I'll invest in a few BTC just to HODL and see what happens. One or two maybe, you don't need much more if they're worth a million Cheesy

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June 09, 2017, 05:33:28 PM
 #9

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

Diversity is key. I try to keep it at an even 25% hold, 75% trade in altcoins.

I enjoy making money on alts when trades work, but trades can always fail also.

Good luck to whatever you decide to do!
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June 09, 2017, 05:41:03 PM
 #10

I'm long on Waves, ETH, ZEC and ETC. In my opinion ETC will grow significantly this summer.



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[15.00000000 BTC]


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Rainbot
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June 09, 2017, 05:45:32 PM
 #11

I think one of the biggest pieces of advice I have received, seen on multiple threads, and all is to "do your own research." A lot of people on the internet just make exactly what the section entails, `speculation.` No one is for sure what the price of Bitcoin (or any Alt) will be tomorrow, next week, next month, nor next year(s). That being said, take `advice` with a grain of salt. Read up entirely on the coins before you invest and find something you enjoy, believe in, think will become a big deal.

Another select piece of advice that might help you, that I believe may be posted above is definitely don't put all your eggs in one basket. If you really believe, trust, whatever, in one coin -- put a good portion/percentage into that. Otherwise I would split it up.

Finally, invest only with money you're willing to lose. I believe you used the number `$3000` -- if you aren't comfortable with the possibility of losing it (I don't think you will if you invest in something `smart`) then I would also just advise not getting involved.

---

Now for some of my speculation, and I'm not advising you to invest if not interested (follow my first piece of advice), take a look at Ethereum, Stratis just dropped a bunch Cry (good time to invest?), Waves, SiaCoin. I think that's a good start for you, and best of luck!

---

I'm long on Waves, ETH, ZEC and ETC. In my opinion ETC will grow significantly this summer.

Based on what? What does ETC have/do that ETH isn't/won't?
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June 09, 2017, 06:01:15 PM
 #12

Based on what? What does ETC have/do that ETH isn't/won't?
this question can be asked the other way round as well. why buy eth when there is 'almost' the same blockchain 15 times cheaper?
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June 09, 2017, 06:17:46 PM
 #13

Investing on bitcoin is a wise choice. But spread your investments on other alt coins too. Do your own research, search for coins that are going to prevail in the future. Invest on those coins. Spreading out your investment, lowers the risk of suffering huge loss. Smiley

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June 09, 2017, 07:18:34 PM
 #14

Well you should check the portfolio of some of the biggest traders so to know what might be good to invest in. Most of the experienced guys are investing mainly in:

-BTC
-ETH
-ZEC
-ETC
-DCR
-XMR

Also you can read about new ICOs and see for yourself what might be a good opportunity to invest.

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June 09, 2017, 09:29:26 PM
 #15

Investing in bitcoin is good also even the price of bitcoin its very high yoi can if you want and yoi can earn money after few months if tou want shorterm. But if you want longterm you can earn a lot money after that. Investing altcoin also is one of the best choice because many altcoins now is fast increasing and for sure you will earn a lot of profit after holding. Jts better to invest and hold your bitcoin and altcoin.

 
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June 09, 2017, 10:45:31 PM
 #16

Thanks all you guys for your helping, I'll follow your advises.

There is good website where to buy bitcoin and altcoins using credit card? I have found changelly, but they took some fees ($15 per $100)
https://changelly.com/
maybe there is better one?

Well you should check the portfolio of some of the biggest traders so to know what might be good to invest in. Most of the experienced guys are investing mainly in:

-BTC
-ETH
-ZEC
-ETC
-DCR
-XMR

Also you can read about new ICOs and see for yourself what might be a good opportunity to invest.
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June 09, 2017, 11:02:02 PM
 #17

if you want Fast profit I advise you not to invest in btc


altcoins  all raised  These last days

rdd   
xvg
brk
blk
rise
ok
sc
trt
...
...
...
...
...

bitcoin ---His movement is slow
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June 10, 2017, 02:04:52 AM
 #18

If you want to quickly benefit from your capital, I advise not only to invest in Bitcoin too slowly. Altcoin may be suitable to increase profits quickly.
DGB, SC, SLR
Maybe it's a good fit to buy.

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adroitful_one
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June 10, 2017, 04:56:04 AM
 #19

If you plan for a long term investment, then Invest your money on Ethereum and Waves, both platform are used by many tokens and assets. It's getting popular now.
But you want to be a daily trader, I can't recommend it. You can explore the altcoins thread and analyze what coin is good for daily speculate.

This. I think Ethereum is just as solid of an investment as Bitcoin is. I've personally been putting both ETH and BTC back for a for a few years in the hope they both end up climbing sky high. However, Bitcoin alone is also a great choice to invest in.
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June 10, 2017, 07:37:59 AM
 #20

If you invest only in one thing it is always risky, even it is highest volume cryptocoin, bitcoin. You can choose maybe 2 altcoin, and invest like 1k for each like
1000$ BTC
1000$ WAVES
1000$ ETC
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