is it stupid to buy alts with bitcoin now ??

[aliman00]

With bitcoin low, some alts are dancing like crazy when you compare them vs btc and not vs usd. So my question is .... is it really that smart to buy alts with bitcoin now, if or not if when bitcoin starts to move upwards again wont alts go down like crazy ?? Or is it worth taking a chance on something and hope for the best? PS! I'm trying to accumulate BTC not dollars 

[NaissuR]

With bitcoin low, some alts are dancing like crazy when you compare them vs btc and not vs usd. So my question is .... is it really that smart to buy alts with bitcoin now, if or not if when bitcoin starts to move upwards again wont alts go down like crazy ?? Or is it worth taking a chance on something and hope for the best? PS! I'm trying to accumulate BTC not dollars 

it depends which alts you buy..
if you accumulate dollars and not bitcoin you will earn anyway by investing in alt coins and waiting because gains from bitcoin will always keep flowing to the alt coins.
you also can hold BTC and buy alts later after BTC bull run

no one can say what is the best thing to do for maximum gains for 100%

[coinstatic]

Of course not.

Just carry out your research before buying though. Study who's behind the altcoin, the team, the concept & goals for the future.

Once you're confident with the above and you know it's most likely to succeed (whether it's short or long term) then you can go ahead and buy the altcoin.

[iamlds08]

you can acquire btcs upon scalping on upthrending altcoins. better invest in both to maximize profit

[explorecrypto]

One should hedge his / her position by keeping a portion of the investments in BTC & invest some of that in ALTs since the headroom for growth is considerable large in ALTs as compared to established currency like BTC.

[xPPx]

Depending on the alt, No. They could double in value before BTC hits $30,000...

[aliman00]

yeah yeah I get all that and I got few coins in my sights I'm just wondering if it's stupid to buy now considering btc is so low.... if that sucker start to move I guess a lots for money will be drained out of alts and into btc by trend catchers so perhaps better to wait for alt coins to start crashing before buying in

[slaman29]

Well, it depends really on how you look at it. BTC is still the most used alt pair, and with Bitcoin you therefore can access a lot of alts on exchanges. If you want to use Tether (USDT) then you still have to buy it with BTC or with fiat deposits, either way you lose some on fees so you make an auto loss there.

Back in September I bought some alts that I thought had reached floors. Bitcoin went up and up though, so those floors fell even deeper. However, with Bitcoin now in bearish markets, some of those alts have recovered - now I am in profit (BTC) for those alts. Not all recovered, I am still in overall BTC loss, but that's the way it goes.

[DiscretePatriot]

Splitting your holdings would be good too. Bitcoin may be low but it's value is still way beyond any Altcoin and if you choose an altcoin carefully, you might get great gains.

[pey]

Every decision is stupid to some extent, you can't predict the future, make a decision and don't look back anymore. It is hard to trade btc/alts pairs.

[alink]

No more stupid than before. Was it stupid before? It is up to you. ))

[giveen]

There aren't much ways to buy alts honestly i have seen people like you they first sell btc for usd and then buy alts with that same usd and say they didn't buy it with btc . Technically it doesn't make much of a difference unless you actually try to increase your btc if you are simply here to increase you value in terms of usd then crypto is a perfect investment you literally have to buy and forget.

[BartS]

With bitcoin low, some alts are dancing like crazy when you compare them vs btc and not vs usd. So my question is .... is it really that smart to buy alts with bitcoin now, if or not if when bitcoin starts to move upwards again wont alts go down like crazy ?? Or is it worth taking a chance on something and hope for the best? PS! I'm trying to accumulate BTC not dollars 

Since you want to increase the amount of bitcoin you hold you have no other option but to buy alts and hold them for some time, your timing is not perfect, it would have been better if you bought when bitcoin was at its peak but very few could have guessed that was the top, so as long as you invest in some good alts and not in some icos that no one knows if they are going to succeed or not investing in alts right now is an adequate choice.

[poodle63]

There aren't much ways to buy alts honestly i have seen people like you they first sell btc for usd and then buy alts with that same usd and say they didn't buy it with btc . Technically it doesn't make much of a difference unless you actually try to increase your btc if you are simply here to increase you value in terms of usd then crypto is a perfect investment you literally have to buy and forget.

Buy with bitcoin when the price of altcoin gets plunged and that's only the best time for sure. basically, that depends on the timing. if OP tries to spent bitcoin to altcoin when bitcoin is much stronger than altcoin and then he or she will get a lot of altcoin. There is no relationship with USD terms.

[imsotiredofmoviereboots]

If you are closely watching the movements of btc and altcoins then you'll know its good to buy them now.  Coins that was supposed to be dead because of bitcoin are recovering and some altcoins are shooting up to the sky everywhere.

[turbulence]

alts are high, btc is low, so yeah its not smart prolly

[markers]

I see that now is one of the best moment to invest in alcoins as the plunged btc price squeezed out a lot of market participants from this coin and forward their money in different altcoins. The price moves in altcoins can be very volatile as in many cases they are significantly less liquid. The clear result of this switch is the rapid growth in many alternative cryptocurrencies.

[Lifes]

Of course not.

Just carry out your research before buying though. Study who's behind the altcoin, the team, the concept & goals for the future.

Once you're confident with the above and you know it's most likely to succeed (whether it's short or long term) then you can go ahead and buy the altcoin.

Agree with this guy. If its a strong idea / project with a good team it will grows.

[dsaijz03]

Maybe because it depends on the altcoin that you are gonna buy, many altcoins do not have potential( no supporters) but there are many also that can give you big profit if it will pump high.  Some altcoins are not affected when bitcoin increase but mostly affected.

[MisO69]

Don't buy altcoins now. All of them are pumped and will come down once bitcoin makes its next run.

ETFs, Futures and upgrades are in store for BTC in 2018.. so far that's what we know of. BTC will pump guaranteed and altcoiners will dump to take profits and get into BTC for the rise.

That is when you buy alts. 

[quality.crypto]

Right now it is not best idea to buy altcoin because already the values of altcoin went up very high so it is really very bad idea in the present condition. Keep your bitcoin safe in hardware wallets.

[clrpod]

With bitcoin low, some alts are dancing like crazy when you compare them vs btc and not vs usd. So my question is .... is it really that smart to buy alts with bitcoin now, if or not if when bitcoin starts to move upwards again wont alts go down like crazy ?? Or is it worth taking a chance on something and hope for the best? PS! I'm trying to accumulate BTC not dollars 

It's certainly risky based on what you said and if bitcoin starts making some movement I would be quick to close any positions you have. I've seen it already when bitcoin went up 10% or so the other day, many alts crashed by about 20% in that time as people rush to get money in to bitcoin. It sounds like you understand how the markets move so you should be okay.

[malikusama]

Not the perfect time to buy alts for a long time except the top of the list (e.g ETH, XRP) but in fact the best time to trade on daily basis.
Alts always involves a big risk because bitcoin volatility is too much high now as compared to the past, when the price is going to rise high no one knows, so better to be on the safe side and choose the top ranked coin with good reputation and don't depend on other coins.

[topesis]

The issue with the market now is that it is difficult to predict the top of the market, I was saying BTC is going to stopped at 10K during its rally but went as far as 20K, I think Altcoins is likely going to push crypto market cap to $1 trillion before the correction will begin

[ajqjjj]

Not the perfect time to buy alts for a long time except the top of the list (e.g ETH, XRP) but in fact the best time to trade on daily basis.
Alts always involves a big risk because bitcoin volatility is too much high now as compared to the past, when the price is going to rise high no one knows, so better to be on the safe side and choose the top ranked coin with good reputation and don't depend on other coins.

This is not the buy and hold. Now we can actually able to make the profit with the altcoins in trading side. If you money invest in trading and make the short term earning now. We see many people investing on the altcoins such as ripple, waves, IOTA and etc but all these coins are not reliable coins in the market to be stable for long time.
Like every time bitcoin and ethereum only will grows more than anything in the market for sure so investing on the altcoins will be very risky move for the long term holders.

[beebee187]

I think it's smart to have some of both. I wouldn't ever get rid of all my bitcoin for alts, but doing some trades with altcoins can definitely be a nice way to maximize your porfolio returns. I often will trade some bitcoin out for an altcoin, and wait until it hits a good price and transfer back to bitcoin.

[simsamsum]

With bitcoin low, some alts are dancing like crazy when you compare them vs btc and not vs usd. So my question is .... is it really that smart to buy alts with bitcoin now, if or not if when bitcoin starts to move upwards again wont alts go down like crazy ?? Or is it worth taking a chance on something and hope for the best? PS! I'm trying to accumulate BTC not dollars 

as others has said, it depends on what altcoin you buy. However, if its good or bad to buy altcoins for your bitcoins - nobody knows..

[Gaius Cryptus Tradius]

I think the altcoin season has just begun, a lot of new people signing in to exchanges. I heard that yesterday Binance had 250k registrations

[real eyes realize]

I think it is not wise that buying other altcoins with bitcoin now, because, in my opinion it is a good time to investing in bitcoin. The price of it is giving a good buying opportunity for now.

[kriptoman171]

Today is the best time to buy, tomorrow it will still be more expensive, and you will regret not having bought it yesterday.

[Alexarik]

To buy crypto coins any time is good, just the beginning of the crypto revolution. And especially bitcoin, this is the best crypto coin.

[Riten]

Bitcoin will go first up in next period, but after the rise it would be good to change some into alts.
Do the research and get your picks

[hackzang12]

With bitcoin low, some alts are dancing like crazy when you compare them vs btc and not vs usd. So my question is .... is it really that smart to buy alts with bitcoin now, if or not if when bitcoin starts to move upwards again wont alts go down like crazy ?? Or is it worth taking a chance on something and hope for the best? PS! I'm trying to accumulate BTC not dollars 

You know buddy bitcoin goes up and alts will follow. because bitcoin is the core of cryptocurrency and if it goes sideways then we must see a pump season for altcoins, what if btc reverse downwards? then bitcoin will go down followed by alts. so learn from it.

[sorrysteve1]

With bitcoin low, some alts are dancing like crazy when you compare them vs btc and not vs usd. So my question is .... is it really that smart to buy alts with bitcoin now, if or not if when bitcoin starts to move upwards again wont alts go down like crazy ?? Or is it worth taking a chance on something and hope for the best? PS! I'm trying to accumulate BTC not dollars 

It's definitely a risk, especially given as you said you are hoping to grow bitcoin instead of usd. I think right now the whole market is down and so alts will also increase alongside bitcoin, in fact I think there will initially be a larger increase in alts. I do feel though that after an initial increase bitcoin will have a run and that's what you don't want to miss. The run towards and beyond a new ATH.

[Serg22]

Again the situation is repeated a week ago, when the whole crypto currency is in the red zone, a market capitalization falls, no one can give a clear answer what to do. My opinion is that to buy now is impractical.

[kkofor]

the market is falling down because the fear feeling. It does not mean the altcoins is not good. You should research and you will know there are many cheap coins which are released from successful projects with potential services. They are TIO, CTR, H2O and PKT

[Alstad]

I trade alts to bitcoin
From my point of view, it's better to have 100 bitcoins at $ 1000 each than one for $ 100,000

[CopMom]

As the cryptos market is falling in rate as fast as it is now, it is the best time to invest in cryptos. You should buy cryptos such as BTC, LTC, ETH, USDT and hold until the cryptos market rate increases again to spend in altcoins rather than invest altcoins at present, the risk will be very high.

[949miner]

It is ironic, because since January the 4th (when this guy posted this) i made more than x3 of my entire portfolio until the last four days when everything go down by more than 30%..

But yes, maybe this is true, but altcoins are being extremely profitable right now.

Just look at the charts of all the altcoins, they all have been super bullish

Don't buy altcoins now. All of them are pumped and will come down once bitcoin makes its next run.
ETFs, Futures and upgrades are in store for BTC in 2018.. so far that's what we know of. BTC will pump guaranteed and altcoiners will dump to take profits and get into BTC for the rise.

[CryptiDiiiva]

when the bitcoin goes up the Alt follows it.

[SenSeiSoKo]

No its not stupid because alts can be good or not good so it is not stupid at all maybe there are altcoins which are better or not but there are high risks too... some bitcoin is good and should be Hold but alts are good too

[The_Dark_Knight]

It is ironic, because since January the 4th (when this guy posted this) i made more than x3 of my entire portfolio until the last four days when everything go down by more than 30%..

But yes, maybe this is true, but altcoins are being extremely profitable right now.

Just look at the charts of all the altcoins, they all have been super bullish

Don't buy altcoins now. All of them are pumped and will come down once bitcoin makes its next run.
ETFs, Futures and upgrades are in store for BTC in 2018.. so far that's what we know of. BTC will pump guaranteed and altcoiners will dump to take profits and get into BTC for the rise.

While bitcoin is the most profitable investment ever in the world of cryptocurrencies, it went from zero to an all time high close to 20,000, the truth is that  for most people wanting to get profits by trading or investing it does not make sense to invest in bitcoin, the profits are in altcoins, you just have to look at the previous year BTC was close to 1000 and it closed at 13500 a 13.5x increase while ETH went from 8 dollars to 750 dollars a 93.75x increase.

[Bybox]

It depends on what altcoins you would like to buy because when Bitcoin price recover some altcoins will follow. While other altcoins will not recover with Bitcoin. It is therefore very difficult to predict which one you should buy when the Bitcoin price is low.

[IMAR]

I don't think it stupid to buy Alts now with Bitcoin as long you know the Alts you are buying. You have to study the project and the background of the company. If you knew its legit and the project has huge supporters and it is valuable, then go ahead.

[grchina]

Probably it is as many altcoins had pump in the december and are close to their all time highes compared to bitcoin,we saw what happen when bitcoin went on a bull run and we would be off much better if we held our bitcoin then investing in altcoins.I would much rather have and trade only those altcoins that i can sell directly to $ like neo and etc

[Ingoats]

With bitcoin low, some alts are dancing like crazy when you compare them vs btc and not vs usd. So my question is .... is it really that smart to buy alts with bitcoin now, if or not if when bitcoin starts to move upwards again wont alts go down like crazy ?? Or is it worth taking a chance on something and hope for the best? PS! I'm trying to accumulate BTC not dollars 

I think it is, since Bitcoin's market value at this moment is falling and we all know that its market price will eventually. It is more advisable to invest with the use of fiat since Bitcoin is a better investment than Altcoin, but this is only based on my perceptions as an investor. But if you are sure that it is reslly a profitable investment, you are free to do so since that is your money in the first place.

[Marioboro]

is it better to do long trades rather than day trade? or would you suggest doing both at the same time for maximum profits?

[jilsaya]

It depends on the altcoins you want to buy. If you choose some solid project, I think you can make more than if you are just holding bitcoin. But make sure to spread your investment. I think ETH, Waves, NEO are some really safe bets, ELIX and PRL are also some nice opportunities imo.
But make sure to research your projects and only invest in those that you see useful long term.

[mpeis007]

It depends on the altcoins you want to buy. If you choose some solid project, I think you can make more than if you are just holding bitcoin. But make sure to spread your investment. I think ETH, Waves, NEO are some really safe bets, ELIX and PRL are also some nice opportunities imo.
But make sure to research your projects and only invest in those that you see useful long term.

Due to recent market dips you can get lesser known, lower cap coins with potential for 50-70% off their ATH prices so those (especially the ones that had the bad luck to be released in the market after January with all that was going on) are prime candidates to pick up and have better returns in comparison to the heavy hitter coins when the market cap is bullish but in a reserved way.

[n0ne]

Everything is purely on one's own decision. At present the market is unpredictable to cent percent and so never go on anyone's decision. If you prefer altcoins would profit good, then move towards it and if not stay on bitcoin. The end result can be found only when the market becomes stable moving towards growth.

[kualalumpur]

Everything is purely on one's own decision. At present the market is unpredictable to cent percent and so never go on anyone's decision. If you prefer altcoins would profit good, then move towards it and if not stay on bitcoin. The end result can be found only when the market becomes stable moving towards growth.

yeah, market is very unpredictable at the moment... I wonder when the market will stabilize...

I think there are a lot of new altcoins that have the potential to x10, or maybe x100... while I'm not sure BTC will had a x10 in the near future...

when the bitcoin goes up the Alt follows it.

Yeah, and at this time, BTC is very fluctuative in price, alts had the sampe impact, I really hope market will stabilize soon

[yua_na]

Its more like smart person if you buy altcoin when the market bear like this. But dont forget to average. Dont do all in..at this situation we need a good strategies for daily trade. Because we are in the bear market. I hope im wrong and if i am wrong bitcoin could goes to $100k the end of this year.

[semarmesem195]

With bitcoin low, some alts are dancing like crazy when you compare them vs btc and not vs usd. So my question is .... is it really that smart to buy alts with bitcoin now, if or not if when bitcoin starts to move upwards again wont alts go down like crazy ?? Or is it worth taking a chance on something and hope for the best? PS! I'm trying to accumulate BTC not dollars 

I just think very much in pity, if Bitcoin is already held for a long time and now the price is being crashed so people are choosing to exchange their Bitcoin into Altcoin because it sees a significant price difference. I am just a little bit wondering it will not be disappointed when we see bitcoin prices will soar again?
Yeah .. everyone has hope with what they have in order to get better results, but if the opportunity is actually making us lose, then is not it better to ignore it.
For example if you have 10 Btc and you will swap some into Alts (eg 4Btc to Alts), then you still have 6 Btc and 4 Alts by comparison Btc : Alts = 10 : 1.
Well .. If price Btc and Alts down simultaneously (down 10%) then it is better to have Bitcoin than Altcoins.

This is just my assumption. Do not take it too seriously.

[whirlcoin]

I don't think is a stupidity because altcoins can give us good profits in short term so it is a right thing to do now in my opinion.But not the altcoin which is rising now won't last too longer so it is very important thing to find out which coin is gonna make that quick bump, probably no one knows so its just like gambling the person who is lucky enough will get the right coin.
But I am not jumping from bitcoin to altcoin because I still have hope on bitcoin price and it will recover soon from the current price crash.

[Pasnik]

Buying alts is not stupid because there are more bitcoin users that are into buying and selling altcoins. Also, we couldnt say it's stupid when in fact you can earn profit in altcoin. It can make happen ofcourse when you choose the worth altcoin that has the potential to become huge the price.

[sehoon]

No. As long as you buy the best altcoins and earn a profit in the future, that's good. And also, with bitcoin's value right now you can buy a lot of small altcoins. You'll become a millionaire if you invest in the right coins.

[Loveydovey04]

For me buying alts is also taking chances and risks. You must be very good in studying the quality, background of that alts could have  a big potential in the market because some ready do have good potentials and if you are lucky enough it could give a good return. Why not? It is your bitcoin you alone can decide on what to do with it.

[5ensei]

This is a tricky one. I would say buying alts is a better investment because both are going to rise and if you pick the correct alt then it will rise faster than bitcoin. The trend of alts falling when bitcoin rises is under normal conditions, but now the market is in freefall so in this situation both bitcoin and alts will rise at the same time as more cash gets pumped into the cryptosphere. Bitcoin however, is never a bad investment at any time

[anthinguy21]

At a time when Bitcoin's rates have fallen sharply, Altcoins will also suffer. You should invest in Bitcoin and Altcoins at that time because the price of the cryptos will increase rapidly over the next few weeks. The coins you should spend in are BTC, ETH, USDT because they are the most stable coins and will quickly rise when the market recovers.

[Darkwin]

Nope, i just received a payment of 0.10 BTC a few hours ago and i used all that money to buy Quantstamp 

I am feeling so glad about that.. I really enjoy buying altcoins, it is like a hobby for me, seriously, i think that i am a little bit addicted to buy them.

[Minnaja]

I think that now is a good time to buy alt coins. But it would be better if you bought them for fiat , not for bitcoin. I also do not have a fiat and I already bought the altcoin for ETH 

[kengeorge21]

Good analysis, actually i was thinking of this as well. It's pretty hard to look for exchange that you can easily buy coins coming from a fiat, others says that in order to do so better look for a p2p transaction rather than converting fiat into bitcoin and then to alts, it actually make sense since ratio between bitcoin and alts are quite high these days and for me i rather buy alts directly coming from fiat than bitcoin because we know that bitcoin will always stays at the top and this dumps will surely covered by some huge pump later on.

[MintCondition]

Good analysis, actually i was thinking of this as well. It's pretty hard to look for exchange that you can easily buy coins coming from a fiat, others says that in order to do so better look for a p2p transaction rather than converting fiat into bitcoin and then to alts, it actually make sense since ratio between bitcoin and alts are quite high these days and for me i rather buy alts directly coming from fiat than bitcoin because we know that bitcoin will always stays at the top and this dumps will surely covered by some huge pump later on.

I usually buy alts thru bitcoin to exchange,  since I'd been used on doin it since before, buying alts in ico can be the best option for potential coins, having p2p transactions is quite risky, though if you're to deal with legit and trusted people then that's a good catch.

[sweetbet]

No, as long as you are buying valuable under-valued coins that will moon and make you money, then that is OK.

[maydna]

it depends on how you can determine the altcoin that you want to buy because I think almost the altcoin wants to increase and maybe this time the altcoin will reach the highest price. I think this will be good if you can find one or more altcoin that still in low price so you can buy and start to waiting for the price to increase back. I am sure that you can get the right coins because there is too many altcoins that you can choose to buy.

[Veidt]

With bitcoin low, some alts are dancing like crazy when you compare them vs btc and not vs usd. So my question is .... is it really that smart to buy alts with bitcoin now, if or not if when bitcoin starts to move upwards again wont alts go down like crazy ?? Or is it worth taking a chance on something and hope for the best? PS! I'm trying to accumulate BTC not dollars 

When bitcoin goes up, usually alts follow.

[Btc_1856]

Those who buys the altcoin are doing good because once the price of altcoin increase you will get the double amount what you have now. I tried many times like and made good profit when the altcoin are in dip.

[maydna]

No, as long as you are buying valuable under-valued coins that will moon and make you money, then that is OK.

with doing some research on the coins, I think he could find the profitable for short term and long term and he could make a profit. but don't even try to buy the coins that are already going to the moon because you can risk your money to get trapped at the high price. make sure that when you buy the coins, the price is at a lower price so you don't have to wait too long.

[sweerty1]

I think its not. Altcoins were also crashed in last couple of days or a week. Bitcoin is hard to recover in current situation but many alts have their roadmap to catch so good news will still pump their prices.

[lordzc]

Bitcoin domination is very low. When the market starts to rise, the first BTC will rise.

[g4r1n1m]

its really depends which coins you buy and for long term or short term
i hold most of my portfolio in alts for a long term

[seoulfood]

If you are truly invested in doing a long term HODL, then no. This is actually the best time. If you are trying to day trade, yes, don't be crazy.

I would suggest trying something small that has a potential to woon, but doesn't require a lot of capital if you want to speculate. My favorite right now is COLX. Otherwise, be safe my friend. Lots of money to be lost if you aren't careful.

[cashjonny]

It depends on how you acquire the bitcoin. Because if you buy bitcoin now with your money it’s a good choice. You will get double amount compared to a month ago. This is a great time to buy bitcoin and turn it into alt coins if you don’t have patience to wait for bitcoin’s recovery.

[crypt0heaven]

With bitcoin low, some alts are dancing like crazy when you compare them vs btc and not vs usd. So my question is .... is it really that smart to buy alts with bitcoin now, if or not if when bitcoin starts to move upwards again wont alts go down like crazy ?? Or is it worth taking a chance on something and hope for the best? PS! I'm trying to accumulate BTC not dollars 

It might be a really smart move actually to buy some altcoins now. Look at stratis for example, that is a very bullish setup despite the dip.

[Xxxurrrad]

Previously, I was always waiting when bitcoin stabilized and only after that I bought alts. But now I try to buy interesting coins for each drawdown. Almost always I'm in plus. Just need to accumulate experience (especially unsuccessful) and then start to feel when it's time.

[leea-1334]

At a time when Bitcoin's rates have fallen sharply, Altcoins will also suffer. You should invest in Bitcoin and Altcoins at that time because the price of the cryptos will increase rapidly over the next few weeks. The coins you should spend in are BTC, ETH, USDT because they are the most stable coins and will quickly rise when the market recovers.

I think that is always the general idea, but I think people are looking always to buy alts during Bitcoin dips - yes Bitcoin falls, but alts fall harder. So when Bitcoin rises back, alts do seem in general to also rise, and usually along with a Bitcoin gain, in addition to fiat. USDT is supposed to be stable by nature, but even with its supposed US dollar peg, it has fallen in value, so you only invest in Tether if you want to buy back Bitcoin at the dips, without putting in extra fiat. Good strategy, but I hardly sell Bitcoin and I definitely do not trust Tether!

[The_Dark_Knight]

is it better to do long trades rather than day trade? or would you suggest doing both at the same time for maximum profits?

There is not a definitive answer we can give, day trading is the most difficult form of trading, while many aspire to be one someday the truth is that is not easy, however the profits are very good if you have the talent but you need years of experience to make consistent profits, making longer trades is easier and depending on your time frame it is very similar to holding but the profits are not as good.

[AMHURSICKUS]

I think it is not stupid to buy altcoins using your bitcoin. Because if you really think that the coin you will gonna invest with is going to be more profitable, so why not. It will still depends upon to the behaviour of your altcoin .
If the value of that altcoin increase so its good choice to buy but if not then it is bad.
So always be wise and be patient if you want to earn more profit.

[Tiennou74]

With bitcoin low, some alts are dancing like crazy when you compare them vs btc and not vs usd. So my question is .... is it really that smart to buy alts with bitcoin now, if or not if when bitcoin starts to move upwards again wont alts go down like crazy ?? Or is it worth taking a chance on something and hope for the best? PS! I'm trying to accumulate BTC not dollars 

Altcoin trading always be risky but you can make good profit other side could be big lose !
so if you jump into Altcoin then be prepared to face bot situation !

Happy Trading
Thanks
Regards
 

[sexycoin69]

i would wait until bitcoin rallies, its only a matter of time you just need to have some patience. Those you have patience make the biggest gains.

[ahoenk]

Not stupid at all if you buy alt coin now. Bitcoin looked like heading to $8k and altcoin probably will win againts bitcoin untull q1 2018 end. This time is the right time to buy altcoin. Especially good altcoin with legit developer like crypterium and aurora token or maybe you need to consider buying rail block which will rebrand to nano.

[Beurlz]

I think it's the a very good moment to buy altcoin.
Many of them have lost a lot of value and i think they will recover soon

[linkybit]

No, it is not a stupid idea to buy altcoins when bitcoin is down. It is a great time to buy altcoin when BTC is down. Just make sure buy good altcoins. When BTC is down I purchase altcoins which are down against btc, not int USD and are in top 100. And this strategy really works for me 

[topesis]

It doesn'tmake sense for me to be throwing BTC at Altcoins now, I believe the time to do so was around December when most fo these coins suffer huge loss against BTC, patient is the key in this space. I believe BTC will touch $50k this year

[think3214]

It doesn'tmake sense for me to be throwing BTC at Altcoins now, I believe the time to do so was around December when most fo these coins suffer huge loss against BTC, patient is the key in this space. I believe BTC will touch $50k this year

Bitcoin price is approaching $ 50,000 is not possible, current bitcoin prices are dropping, many people gave up bitcoin and switch to invest in other altcoin. I think in the future, bitcoin will be reduced, there are a lot of altcoin was born. Competition between the huge altcoin. The altcoin will occupy the bitcoin market. I think now we should invest in other altcoins such as ethereum, ethereum prices are rising.

[SecretInsider]

I would keep at least 50% in alts.

You just need to do research, many alts will give you way higher profit comparing to btc.

Everyone has their own outlooks on whats best to do though.

From my experience, Id say play with alts, maybe get some help to introduce you to it?

[crazylikeafox]

for me it is better to hodl bitcoin for now and wait for the value to go up, rather investing in alts and gain no profit after bitcoin come back to 17k higher.

[needctrl]

I would also suggest hodling BTC for now. BTC will make a huge move. The problem is no one knows when

[ericbrietmann]

i think it is more wise to buy into more reputable ICOs than watching your money sink

[Santhiago]

I think it's better to hold your bitcoin now.
When BTC will rise for a while, then you'll find the right alts to buy: those that will have retained their value in btc.

[jsarce]

With bitcoin low, some alts are dancing like crazy when you compare them vs btc and not vs usd. So my question is .... is it really that smart to buy alts with bitcoin now, if or not if when bitcoin starts to move upwards again wont alts go down like crazy ?? Or is it worth taking a chance on something and hope for the best? PS! I'm trying to accumulate BTC not dollars 

Still same question for today's scenario, is it good to buy alts with bitcoin today? btc is in $9000 mark as of writing...

[iMark]

With bitcoin low, some alts are dancing like crazy when you compare them vs btc and not vs usd. So my question is .... is it really that smart to buy alts with bitcoin now, if or not if when bitcoin starts to move upwards again wont alts go down like crazy ?? Or is it worth taking a chance on something and hope for the best? PS! I'm trying to accumulate BTC not dollars 

Altcoin trading always be risky but you can make good profit other side could be big lose !
so if you jump into Altcoin then be prepared to face bot situation !

Happy Trading
Thanks
Regards
 

because the marketcap on altcoin is not big as bitcoin, so it is quite possible that an altcoin market is manipulated by a whale, or a small marketcap that makes altcoin market becomes more fluctuating than bitcoin, so that's why switching to investing in altcoin is stupid things and very risky, but I think it's not a stupid thing if you use with the right calculations. eg not leaving bitcoin as the main investment, using altcoin only for alternative investment or trading only, not replacing bitcoin as a major investment

[lelylely]

With bitcoin low, some alts are dancing like crazy when you compare them vs btc and not vs usd. So my question is .... is it really that smart to buy alts with bitcoin now, if or not if when bitcoin starts to move upwards again wont alts go down like crazy ?? Or is it worth taking a chance on something and hope for the best? PS! I'm trying to accumulate BTC not dollars 

You are not wrong, it is all a speculation, you can make your own speculation. Altcoin can also benefit you, but you have to learn about the altcoin you want to buy, so that later you can benefit from altcoin.

[bigcash2011]

I personally think that it is a great time to accumulate more btc, I do know many people that are buying btc in bulk silently, a vast majority of crypto community still believes in btc strongly.

[Ewinsane]

I would also suggest hodling BTC for now. BTC will make a huge move. The problem is no one knows when

Just imagine, if we were able to tell when the bitcoin was going to soar and when it is destined to face a failure, everyone would have been so rich. But I like bitcoin now due to its unpredictable nature. It will give you a surprise when least expected. That is cool. Showing a bit of patience should be okay with all the investors because sooner or later, they are going to make big profit.