Do we really need to hold altcoins

[StephenieDuong]

I think we should hold bitcoin with 50% funds and other 50% split between 2-5 altcoins. This is the best ways to get maximum profit with backup plan to sercue yours fund. Bitcoin may have no good technology than many others altcoins, but i think it will keep grow in the future.

[1715295586]

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[Ostonian]

It is possible to distinguish units of altcoins, which should be kept in the long term. But it is desirable to break investments into several parts, to invest something in bitcoin, the rest to altcoins.

[triasel]

Someone told me it is better to hold btc rather than altcoins that she doesn't see any reason why people hold altcoin. She noticed altcoins rely heavily on btc that whenever btc fall they also fall with btc. What is your take on this?

Altcoin is quite high risk, but if we can choose altcoin correctly then we can get a great profit. Utilizing the action of dump and pump can make us gain profit, it is actually more to a strategy because with a good strategy then we will be able to produce something satisfactory.

i prefer to saving bitcoin than altcoins. because altcoins falling down lately really the price of altcoins following bitcoin price
so you alright saving bitcoin better than saving altcoins

[smyslov]

Someone told me it is better to hold btc rather than altcoins that she doesn't see any reason why people hold altcoin. She noticed altcoins rely heavily on btc that whenever btc fall they also fall with btc. What is your take on this?

Everybody here is looking for the next big thing like what early investors of Bitcoin and Ethereum, and you can only have that if you are investing in the next big thing in the cryptocurrency but the big question is finding the next big thing.

[camelson]

Someone told me it is better to hold btc rather than altcoins that she doesn't see any reason why people hold altcoin. She noticed altcoins rely heavily on btc that whenever btc fall they also fall with btc. What is your take on this?

Altcoin is quite high risk, but if we can choose altcoin correctly then we can get a great profit. Utilizing the action of dump and pump can make us gain profit, it is actually more to a strategy because with a good strategy then we will be able to produce something satisfactory.

i prefer to saving bitcoin than altcoins. because altcoins falling down lately really the price of altcoins following bitcoin price
so you alright saving bitcoin better than saving altcoins

What if you saved both bitcoin and altcoins. Bitcoin is down, alts are also down, when price of bitcoin increases, altcoins price will also increases ans you can double you profit.

[boller]

If we notice that the coins have promising concept and can attract the investors to buy in the next days, I think that It is still worthy to hold the coins. But, we must analyze the market and the progress of the coins. I'm still holding my altcoins although the price is now very dropped. So, it will depend on the coins.

[rchstr]

altcoins have high risk but high reward. If you really do your own due dilligence in the coin you want to invest, you can lessen the risk of your investment. But if you want to have a good coin to hold just stick with bitcoin or ethereum as it is low risk but also neutral of having high and low reward.

[chocolaty]

Someone told me it is better to hold btc rather than altcoins that she doesn't see any reason why people hold altcoin. She noticed altcoins rely heavily on btc that whenever btc fall they also fall with btc. What is your take on this?

It is okay to hold altcoins as well. Several assets means there will be a greater profit waiting for you when the bull market arrives. There are also profitable altcoins. If you want to play safe, go for those reputable ones. You don't have to stick into a single cryptocurrency. You can widen your portfolio by adding altcoins. This is just my opinion. The final decision is still yours.

[eann014]

Someone told me it is better to hold btc rather than altcoins that she doesn't see any reason why people hold altcoin. She noticed altcoins rely heavily on btc that whenever btc fall they also fall with btc. What is your take on this?

It depends on what altcoin should you invest. Bitcoin is really the father of all coins, but if you think that there is an altcoin that has a potential to make you a profit then go for altcoin, there is nothing wrong on holding also an altcoin.

[parlerm]

Yeah, atleast it's better than just give up and sell your coin. Atleast there is some hope that price will going up. Keep strong and patience to get what you want.

[slashz9]

not altogether, there are some alt that did rise even though the value of btc dropped by then, from my experience in crypto world, 1 altcoin is rising very significantly in 1 month, it up to 6400%. imagine you can make that much profit only if you choose the right altcoin.

[bagikoin]

hold your bitcoin or altcoin I think its potential is almost the same. Indeed altcoin right to follow every movement of the bitcoin. but the rise and development of the altcoin many of the bitcoin and this babe when missed. so hold the both of them I think the better.

[Rtalk]

I agree that all altcoins correlate to bitcoin.Bitcoin sets the direction of movement of the rest of the coins.Bitcoin is the least volatile and is more likely to keep and multiply your investment.

[diguyo]

Well of course you don't need to, but do you want to?

I've said this many times before - I don't think bitcoin is the long-term future of cryptos and that it will be one of these 'alt' coins that will achieve the most success. The problem is identifying which project! A lot of people hold alts for trading, big growth potential...a lot hold just to diversify their portfolio. It's up to you, but I personally think that it's a safer bet to diversify....even if the alt market doesn't look great at the moment.

[Burogh]

Someone told me it is better to hold btc rather than altcoins that she doesn't see any reason why people hold altcoin. She noticed altcoins rely heavily on btc that whenever btc fall they also fall with btc. What is your take on this?

Some altcoin are good to hold because that altcoin have good project and real product. My investment beside bitcoin is RavenCoin. Its good coin with good developers and i think ravencoin price will rising.
I think investing on altcoin is good for alternative after bitcoin, its usefull to minimizing our risk on market because sometimes altcoin have good movement

[Gifolote]

I agree that the price of altcoins depends on the price of bitcoin. and I prefer to invest my money in new altcoins because I think they can give a good profit.

[kostepanych2]

Unfortunately, I really need to hold altcoins now, because I don't want to sell them for such low prices 

[kelincrad]

According to the information I learned, altcoin has become valuable. They recover while bitcoins are slowly falling. Altcoin such as rental, ZCL, DR, NEO and gas are interested.

[tng811]

Someone told me it is better to hold btc rather than altcoins that she doesn't see any reason why people hold altcoin. She noticed altcoins rely heavily on btc that whenever btc fall they also fall with btc. What is your take on this?

The reason for holding altcoins is profit. Altcoins will bring many times more profit than bitcoin does, even though they also come with more risks. If you have a lot of money and want a safe bet, then perhaps bitcoin is for you.

[staker$]

The entire Altcoins mostly are dependent upon Bitcoin's price movements except for the very few coins. Holding Bitcoin is good only up to the amount of money that you can afford to lose considering the volatile nature of it. I don't personally hold it longer but trade it for gains either in the red or in the green market. But holding favorite Altcoins I still do, I even mine them or work to collect some of them, while I am hopeful of its rise in the future but I hodle not primarily of profit but for fun. If I would like to gain, I would have to trade and earn small rather than waiting for an unpredictable rally.