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Author Topic: invest only in bitcoin?  (Read 2172 times)
iLoveMFB
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April 08, 2018, 01:57:05 PM
 #141

I don't think bitcoin is the best investment. In contrast, bitcoin is a safe-haven asset in the virtual currency market and a safe investment channel.

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April 08, 2018, 02:30:43 PM
 #142

My advise is to invest 50% in BTC and the balance 50% in other Altcoins of your choice. We must have diversified funds to reduce the risk.
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April 08, 2018, 02:33:24 PM
 #143

of course yes! in my opinion most of altcoin scam. only real coin is bitcoin. After 10 years very few coin will be used. One of these is bitcoin.

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April 08, 2018, 02:53:47 PM
 #144

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 in my opinion better invest in bitcoin just because its profit is bigger. but if you still have enough funds to be invested into alcoin other may be. but you should first see the potential coin that you will invest if there is a possibility the price movement will continue to rise. such as ETH and ZEC are one of the best coin to be invested besides BTC.
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April 08, 2018, 03:11:55 PM
 #145

i think no matter how much profit bitcoin can be, we should never invest only one specific coin in order to survive for a long term, i said that because there have been so many investors quit their cryptocurrency because they greedy and always want a fastest way to get more profit, so we should never do that, it would be better if we can be safe and still have profit when we invest in many altcoins and bitcoin.

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April 08, 2018, 03:14:03 PM
 #146

I always want to invest BTC but then the subcoins are more attractive. We always need to keep at 50% BTC our investment.
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April 08, 2018, 03:20:19 PM
 #147

It is weird when this topic was created almost a year ago and the OP who opened up this topic is still a newbie but anyways I will answer your question or topic based on my opinion. It would be best if you have some money to invest in to diversify your investment. Buy at least 3-5 coins including bitcoin, at least your investment does not only rely on one certain coin and would not drop down that much if you divided your money in many cryptocurrencies.
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April 08, 2018, 05:23:18 PM
 #148

of course yes! in my opinion most of altcoin scam. only real coin is bitcoin. After 10 years very few coin will be used. One of these is bitcoin.
nonsense. You buy only bitcoin since you don’t get to know another coins. At least get to know there is one more competitive coin called as Ethereum. Recently the founder of ETH on meeting pointed out the weak side of BTC. http://www.businessinsider.com/ethereum-founder-vital.. ETH is quite competitive, it’s wise to hold two or more coins at least to avoid risk.
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April 08, 2018, 11:36:12 PM
 #149

of course yes! in my opinion most of altcoin scam. only real coin is bitcoin. After 10 years very few coin will be used. One of these is bitcoin.

I agree with this, bitcoin is the only coin that has the ability to survive in a longer time than the other altcoins. But i also prefer to ethereum, which is my second choice when it comes in investing to cryptocurrency. And for the OP, i would suggest you to divide of your money into two and just invest to bitcoin and etheruem, since this two is the only crypto which the most reliable and profitable that i trust.

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April 08, 2018, 11:52:53 PM
Last edit: April 09, 2018, 12:14:05 AM by Gastotade
 #150

of course yes! in my opinion most of altcoin scam. only real coin is bitcoin. After 10 years very few coin will be used. One of these is bitcoin.

I agree with this, bitcoin is the only coin that has the ability to survive in a longer time than the other altcoins. But i also prefer to ethereum, which is my second choice when it comes in investing to cryptocurrency. And for the OP, i would suggest you to divide of your money into two and just invest to bitcoin and etheruem, since this two is the only crypto which the most reliable and profitable that i trust.
No, there are lots of potential coins in the market and it will sure have a good impact soon. If we focus only in bitcoin, we might lose other coins that are alike in bitcoin that will be good in the future like ,ETH, and Waves.

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April 09, 2018, 01:17:52 AM
 #151

I usually spend 30% of the money invested in cryptocurrency to keep Bitcoin, the remaining 40% I use to invest ICO and the rest to invest in altcoin. For me Bitcoin is stable but the profit from bitcoin investment in this time is not high so I usually keep bitcoin as a form of saving instead of depositing into the bank.
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April 09, 2018, 01:37:41 AM
 #152

of course yes! in my opinion most of altcoin scam. only real coin is bitcoin. After 10 years very few coin will be used. One of these is bitcoin.

I agree with this, bitcoin is the only coin that has the ability to survive in a longer time than the other altcoins. But i also prefer to ethereum, which is my second choice when it comes in investing to cryptocurrency. And for the OP, i would suggest you to divide of your money into two and just invest to bitcoin and etheruem, since this two is the only crypto which the most reliable and profitable that i trust.

Well, we can invest to any coins as long as it was belong to the top and reliable coins. It just happen that Bitcoin is the best and most trusted coin in the market that is why if we want a sure earnings then better to choose Bitcoin only but the price become more expensive that is why we could choose the Altcoins as it was cheaper than Bitcoin for an investments. I also investing in Ethereum because even is Bitcoin is that reliable still it is not good to put all of your eggs in just one basket because Bitcoin is not 100% that will guarantee earnings.
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April 09, 2018, 02:19:11 AM
 #153

you should not put all your eggs in one basket. buy some btc, use most of your investment budget, but buy some other coins as well. buy some eth and some neo, buy some low marketcap coins. check potential projects and invest them. it will pay off better than holding one thing only.

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April 09, 2018, 02:29:59 AM
 #154

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
don't just rely on bitcoin . try to be flexible and try to invest on some other altcoin it might help you in future .

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April 09, 2018, 04:48:30 AM
 #155

you should not put all your eggs in one basket. buy some btc, use most of your investment budget, but buy some other coins as well. buy some eth and some neo, buy some low marketcap coins. check potential projects and invest them. it will pay off better than holding one thing only.
Yes, with some capital invested in other coins we can have many opportunities, so we can maximize profit. i suggest to thoroughly choose alternative coins so we do not hold long
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April 09, 2018, 04:55:55 AM
 #156

There are some people who can not focus on many things and can only focus on one thing. If you belong to that group, I think it's the best decision to invest only in bitcoin. If you are not from that class, it is better to invest in bitcoin and some altcoin because it will be more profitable.

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April 09, 2018, 05:59:50 AM
 #157

It's depend on your plan. If you plan to do Long-term invest you should choose coins that have been famous like BTC, ETH, and the other. But if you plan to do short-term invest you should choose some new coin but you must be careful and choose wisely.
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April 09, 2018, 06:05:08 AM
 #158

Also depends on amount of money you have.If there is not a lot,you can get some alts that already did quite well before and solid project,but they dipped a lot cuzz of btc dancing so you can end up with some good profit.

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April 09, 2018, 06:43:11 AM
 #159

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 depends about your needs. If you can invest in long term coins bitcoin will give you the biggest profit, you can try with ethereum too.
If you want day trading the best option will be watching market as often as you can for choose the best option for you
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April 09, 2018, 07:23:03 AM
 #160

This is an old topic and I wonder what could be your decision by that time its almost a year now, anyway I would like to give my stance regarding your questions.

If I were you I wont only focus in bitcoin, I have to consider altcoins because there are many coins that has potential not only btc, there are also eth, ltc, neo etc. Its better to diversify your investment since you are planning to invest $3k its a good capital actually to start with. Goodluck.


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