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Author Topic: Bitcoin or Altcoin  (Read 6274 times)
Shenzou
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December 15, 2017, 06:53:33 AM
 #281

I am sure everyone is aware about the rise of altcoins like ETH and Litecoin so I just want to know expert's opinion whether to invest in bitcoin or altcoins as the price of bitcoin is too high now for an individual to invest into it ? Do you think these altcoins will survive and pump just like bitcoin or its better to stick to bitcoin ?
Well it really depends on you, and how do you plan on getting the money, if we are talking about trading I would recommended trading altcoins because their prices change quite freakently, so you will find a time to buy and sell easily, and trading multiple ones will surely get you profit, as for saving everyone will tell you to go with bitcoin, especially after how much some were able to get nearly 1700% profit just from saving it, in my opinion bitcoin trading is really hard since the price is constantly rising so when you sell you won't be able to debut again.
Osarman
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December 15, 2017, 01:45:21 PM
 #282

That is the million dollar question; when to invest? When to buy? When to sell?

Crypto will always be a game of chance, with a significant risk.

The only way to be successful is to read, study, devote a daily time slot to follow the trends. Unless you are very lucky, there is no other way.
You have explained complete game in few sentences. There is no doubt that crypto market is unstable and is all the time fluctuating which clearly indicates that you need to choose the best time for every move you make. If you are trying to sell off your coin, wait until the coin touches maximum value and vice versa. Indeed, the more knowledge you have, more successful you are with coins.
kokoliso1
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December 15, 2017, 07:11:01 PM
 #283

Diversifying is the best option, I think an 65% of holdings in bitcoin and the rest in the top 10 altcoins could be a good strategy with small 100$ picks in new coins just in case.
The higher multiplier is easily got with the new cheap coins, but also those are the most likely to make you lose all your investment.


I totally agree with the idea of diversification but I don't think the higher potential is in the new, cheap coins. There's just too much risk there.

To diversify, expand your portfolio to include some old, reliable, well established coin with a dev team still supporting it and with a clear vision for the future.

You are right if you want to minimise the risk of losing one inversion, but I think that a new coin can make a higher multiplier than an old one. Anyhow you must research about any coin you invest in, of course.
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December 15, 2017, 10:32:03 PM
 #284

Diversifying is the best option, I think an 65% of holdings in bitcoin and the rest in the top 10 altcoins could be a good strategy with small 100$ picks in new coins just in case.
The higher multiplier is easily got with the new cheap coins, but also those are the most likely to make you lose all your investment.


I totally agree with the idea of diversification but I don't think the higher potential is in the new, cheap coins. There's just too much risk there.

To diversify, expand your portfolio to include some old, reliable, well established coin with a dev team still supporting it and with a clear vision for the future.
Yes there is a higher risk in the new and cheap coins that your investment will become loss but there is also a higher chance to gain a big profit if the developer team become serious in the project that's why it is important to research first before you enter at the market and hold a coin.
Diversification is good because it increases chances for making good money in the crypto market but diversification does not mean you should invest in every other coin which appears attractive. You need to be very careful with your money and should not get easily trapped by so called profitable projects. In short, as you said invest in those coins which are prominent ones in the crypto market for decent income.
Dodoymabs
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December 16, 2017, 04:18:22 AM
 #285

I am sure everyone is aware about the rise of altcoins like ETH and Litecoin so I just want to know expert's opinion whether to invest in bitcoin or altcoins as the price of bitcoin is too high now for an individual to invest into it ? Do you think these altcoins will survive and pump just like bitcoin or its better to stick to bitcoin ?
Bitcoin always kept its dominance in total market capitalization over altcoins in past years, ranging from stunning 95% to a bottom low of 37%.  So even though Bitcoin price is too high you must be wise enough that you should invest still in bitcoin. We already know that altcoins
are created to improve and diversify the bitcoin concept. Investing in altcoin is also good because it has a chance to pump just like btc. Better to invest in both parties because they have common behavior of volatility.
Kiweikoo
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December 16, 2017, 08:09:48 AM
 #286

I would invest in both bitcoin and altcoins if i have the money on a 20:80 ratio. Bitcoin is so expensive now while there are altcoins which are good to invest to. I just need to choose from among the strong altcoins which really will give the earnings.
I think you must review your idea of investments. Try to increase the amount in bitcoin area because the profit ratio that bitcoin is giving to its users, it is far more than that of altcoins. Altcoins are better source of income too, so one should have hands dipped in both altcoins and bitcoins. But make your major portion in bitcoins so that your life can be easily changed.
mustbaro
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December 16, 2017, 08:46:25 AM
 #287

Bitcoin is a longterm investment. I prefer to keep bitcoin rather than altcoin. Because risk of losses to be experienced is lower.
Trimegistus
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December 16, 2017, 10:01:07 AM
 #288

For the long term the only viable option is a PoS coin. Holding BTC might be a good bet but the number of coins will remain the same over time. Holding PoS assets can be very profitable taking into account that as long as you fulfill the minting conditions, your assets will grow over time.

PoS coins are the future, therefore they are the best long term investment.

crenfrosck
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December 16, 2017, 10:27:02 AM
 #289

In my opinion people should diversify and some money should be "locked" in bitcoin, and then take some alts useful with their specialisation and dedicated team. Even tho it's still risky, but if you think about your steps and you are carefully picking your coin, you can minimise the probability of being "robbed". DYOR, trust and a bit of luck is required for your success sooner or later.

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December 16, 2017, 10:44:52 AM
 #290

I would prefer both but i will give many value to bitcoin. Because i believe that bitcoin is increasing more than other coins. As compare bitcoin to another altcoins. Bitcoin is most successful crypto currency which can change people life. While from other you can just wish. But there is only coin in altcoin which is ETH which is quite best. We are hoping from ETH as well.

IBMINER DONE A GOOD JOB. I learned a lesson from him. He gave me negative trust just because i was dealing with account seller. To buy an account.
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December 16, 2017, 10:47:30 AM
 #291

I prefer Bitcoin to Altcoin because Bitcoin is the mother of all coins and the price is very reliable Wink
crzy
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December 16, 2017, 10:49:04 AM
 #292

That is the million dollar question; when to invest? When to buy? When to sell?

Crypto will always be a game of chance, with a significant risk.

The only way to be successful is to read, study, devote a daily time slot to follow the trends. Unless you are very lucky, there is no other way.

Definitely, it doesn't matter if its a good coin, or a shit coins it will still depend on your technical analysis skill and strategy, yeah trading is a lot of fun reading the charts because by this you can easily notice when to enter the market and when to exit right. Holding on good coins is pretty ok but if you can do more further please do so, because there's still a big opportunity here in the world of crypto, explore it.
OriginTrain
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December 16, 2017, 10:50:10 AM
 #293

Divide your portfolio between both Bitcoin and Altcoins, no need to just pick one  Cool

Personally I'd say go with 50% or so BTC, 20% ETH, another 20% in the top 10 tech techs, and the remaining 10% to play around with as you see fit on some undervalued projects you've researched.
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December 16, 2017, 11:11:22 AM
 #294

Divide your portfolio between both Bitcoin and Altcoins, no need to just pick one  Cool

Personally I'd say go with 50% or so BTC, 20% ETH, another 20% in the top 10 tech techs, and the remaining 10% to play around with as you see fit on some undervalued projects you've researched.
Doing the division is one of the best ways because then you will get security when you choose the wrong investment, you can get profit in other investment. I quite agree when you say that Bitcoin is the biggest priority in investing, now the Bitcoin price movement is so good and that is a good capital in choosing Bitcoin as an Investment.

Especially now we enter the end of the year, because it sees the trend then usually at the end of the year will be an increase in the price of digital currency, especially the Bitcoin. I also chose Bitcoin and I have been getting a lot of benefits because of investing in Bitcoin.
richmcrich
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December 17, 2017, 01:16:38 PM
 #295

Both bitcoin and altcoins have potential to increase value in the future, but for now bitcoin is more aggressively in terms to increasing price in the market. But I was not lose hope that someday both of this are straight growing up. Maybe a little bit more time and bitcoin adopted altcoins to become more expensive.
I really would not be so sure on that yet. In few months now, Bitcoin has really increased hugely more than any coin and it has been consistently stable without keep going up and testing back on the same support over and over again like some of the altcoins have.

Do you know how long ETH has been rallying for a while now without much movement upward and when you though it has tested that ATH, it comes right back down and finds it hard to break even a lower resistance.
Isaak Bitcoin
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December 17, 2017, 02:02:16 PM
 #296

I do this: I keep 60% of my money in bitcoin and 40% in altcoins. The greatest trust in me is caused by the etherium.

mostkey
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December 17, 2017, 02:13:59 PM
 #297

Divide your portfolio between both Bitcoin and Altcoins, no need to just pick one  Cool

Personally I'd say go with 50% or so BTC, 20% ETH, another 20% in the top 10 tech techs, and the remaining 10% to play around with as you see fit on some undervalued projects you've researched.
obviously will be more effective and can provide benefits when we are able to distribute funds to bitcoin and altcoin. we see from its potential, bitcoin can provide a very tempting advantageous premises continue to rise in price, but do not forget altcoin, not impossible when altcoin able to explode up to 200%. so the conclusions of bitcoin and altcoin are very potential
Utanjaran
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December 17, 2017, 02:51:42 PM
 #298

Seems to be no loss invest in bitcoin or altcoin. Both equally provide good benefits. However, we need to remember  cryptocurrency is led by bitcoin. So, bitcoin is our ultimate goal in investing. While altcoin we use to increase amount of investment.
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December 17, 2017, 03:06:15 PM
 #299

Seems to be no loss invest in bitcoin or altcoin. Both equally provide good benefits. However, we need to remember  cryptocurrency is led by bitcoin. So, bitcoin is our ultimate goal in investing. While altcoin we use to increase amount of investment.

this will depend to the usefulness of the token. Take for example the ETH which is a platform and also serve as fuel to the token within the platform. The demand of ETH for GAS fuels the price to rise among the altcoins. It beats the bitcoin forks which proves how altcoin can be a lot better to hold when you have the chance to acquire thousands than holding just 1 or 2 BTC.

DevilSlayer
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December 17, 2017, 03:18:19 PM
 #300

I am sure everyone is aware about the rise of altcoins like ETH and Litecoin so I just want to know expert's opinion whether to invest in bitcoin or altcoins as the price of bitcoin is too high now for an individual to invest into it ? Do you think these altcoins will survive and pump just like bitcoin or its better to stick to bitcoin ?
It is better if you will put your money in bitcoin than in altcoins. Most of altcoins are shitcoins so we can avoid loss if we will invest our money in bitcoin than altcoins. Bitcoin is the most profitable coin in the cryptocurrency so my advise for you is to buy now bitcoins.
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