Hold Bitcoins or buy Altcoins with it

[deathwish]

Should I hold Bitcoins Or should I buy Altcoins with it.
And Why ?

What's your take on it ?

[lizardbtc]

Should I hold Bitcoins Or should I buy Altcoins with it.
And Why ?

What's your take on it ?

Well you can buy altcoins as an investment, but be sure to read a lot and don't just buy some random altcoin that is pumping today and dumping tommorow. Altcoin exchanges are like big casinos when you are there is something simmilar to gambling (if we are talking about those reffered as shitcoins lol).

Look at this way it is easier for an lets say XMR to double in price which will result in your investments to double. If you look at bitcoin it is much harder for it to hit 20k for you to double your money on it. So by buying alts comes greater risk but also better return if all plays out well.

Or take for instance some altcoin that cost 0.1$ its easier for it to go till like 0.5 or even 1$ for you to earn good amounts of money but also higher chance for it to go lower and you can lose money. But again reaserch is necessary as many people tend to advertise their coin that they bought - many coins don't even have something extrodinary implemented in them.

Don't just look at the price per coin but look as how many coins are in existence and look at market cap.

If you are not familliar with altcoins I'd suggest you to simply first read a bit about them before investing because you don't want to throw your money in and hope for good return.

[mk4]

Holding is an investment. Do your own research and make your own decisions. If you cant do these basic tasks then investing is not for you.

I'll leave you a bit of information though. Personally I like leaving majority of my investment money on bitcoin because it's a safer investment. Not saying that altcoins are a bad investment though, it completely depends on which coins specifically you invest in. There are good and bad ones. Also, take note that altcoins are like high risk:high reward, in my opinion.

[fdsaukga]

Hold bitcoin as your long investment, and buy the altcoin for your short investment, it's easy to use when you hold bitcoin even you're not always on your PC
Bitcoin is the easy one when you wanna start invest on it.

[bitcoinstress]

Do both is good. You will learn much by do that both option and also there is any benefit from it. Your value in USD will look stable.

[Alluro]

Hold bitcoins is not a bad choice. But you can do both 50% bitcoins and 50% altcoins

[hackl3r]

That is big dilemma!! You see, if you don't know very well some altcoin then you should definitely buy bitcoins, but if you are following some altcoin and you know his community then buy that altcoin if you think that it will increase soon.

[BitNoLimit]

hold ur bits, unless you'll end up badly

[ZCoinTalk]

HODL! Hold them, Bitcoin is doing really well and will probably do awesome in 2018 too.

[Ossywhyse2]

You have to hold BTC because of its volatility and also buy altcoins with high potential.

[reronggo]

Better to hold Bitcoin itself Because now the price is skyrocketing in the market, and If you want to invest on altcoin, you should examine in detail which Altcoin will be invested in.

[waqarkahloon]

If u are inexperienced in crypto field,  then I suggest u to buy bitcoin and hold for long term.  Invest a small part about 5% of your bitcoin in other altcoins and learn trading.  As in trading u can make losses as well as profits so it is not good idea to go all in. 

[hotcollegecouple]

I would suggest diversifying your portfolio. Never put all the eggs in one basket.

[MuffinMaster]

That depends cause if you want to risk or you are just confident in some alts you could invest in them but if you want to earn only without any ideas which one to buy, just hodl bitcoin.

[coinlocket$]

hold bitcoin is an investment cause on last 1 year it got +100% every 3-4 months. The good thing is probably hold a part of bitcoin and reinvest the rest on some crypto with very good potential but noone know is the best one.

[prometheus_project]

do both....take at lest 1 or 2 btc and lock them away this will be you retirement

but if you're not experienced in trading i recommend you to pick some good alts and hold them.

[keyscore44]

do both....take at lest 1 or 2 btc and lock them away this will be you retirement

but if you're not experienced in trading i recommend you to pick some good alts and hold them.

For me trading them in some alts would be good idea cause he could earn some more. Of course you make good point to just make it with a little part of bitcoin which he has to have some protection if he lost some.

[aardvark15]

Should I hold Bitcoins Or should I buy Altcoins with it.
And Why ?

What's your take on it ?

I like to diversify. I think it’s good to hold Bitcoins and maybe most of your money should be in Bitcoins, but I like to keep about 5 other coins. I prefer altcoins in or near the top ten in market cap because most of these will last for a long time.

This is my philosophy because it’s possible that ETH or other altcoins will out perform Bitcoin. There could even be one that breaks out for a huge profit. You should do your own research to decide which color be you like best.

[kuroman]

Should I hold Bitcoins Or should I buy Altcoins with it.
And Why ?

What's your take on it ?

Are you willing to take the risk to win some more cash that's the question you should ask yourself

I believe the best course of action is to diversify and to not put all your eggs in one basket, the best thing to do is to use 10% of your capital in other altcoins, and try different things, of course I'm sure you don't need me to tell you that you need study and know the market before doing any investment

[Chadprofile30]

You can buy altcoins but always do your own research  before you to go invest in altcoins theres alot of shitcoins out there you do also hodl 50% bitcoin 50% ethereum