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Author Topic: TAKE ON BITCOIN : TO OWN BITCOIN OR MORE ALTCOINS??  (Read 399 times)
ubongephraim (OP)
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July 19, 2018, 11:39:37 AM
 #1

Hey guys. So recently I've been quite confused. I'm a crypto analyst enthusiast who joined the movement late last year. I've been engaging in bounties, airdrops and also trading as well.
I've also been blogging on steemit. I've been exposed to a while lot of things and I have a wide portfolio of Altcoins. A while lot of them. Numbering into hundreds.
But I don't own any bitcoin. Which is quite funny. So I've been wondering.
Is it advisable to own an amount of bitcoin??
Will it still go very high or it'll tank really well.
Comments and views are welcomed.
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July 19, 2018, 11:43:31 AM
 #2

Is it advisable to own an amount of bitcoin??
Yes.
Will it still go very high or it'll tank really well.
The possible bottom was assumed and has been reached. But you know what's best for you, you are a crypto enthusiast and for one year you have learned a lot. If you are comfortable of having hundreds of altcoin instead of bitcoin only it's up to you. There are holders that are more confident of having bitcoin only rather than having altcoins so it's for you to decide.

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ubongephraim (OP)
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July 19, 2018, 11:47:21 AM
 #3

Is it advisable to own an amount of bitcoin??
Yes.
Will it still go very high or it'll tank really well.
The possible bottom was assumed and has been reached. But you know what's best for you, you are a crypto enthusiast and for one year you have learned a lot. If you are comfortable of having hundreds of altcoin instead of bitcoin only it's up to you. There are holders that are more confident of having bitcoin only rather than having altcoins so it's for you to decide.
Wow that's interesting. thanks for your point. I really feel deep down that btc will go way high. and I don't really wanna miss out on that.
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July 19, 2018, 11:48:56 AM
 #4

In crypto, you can own as many coin as you want as long as they are potential coin and has promising feature, you can buy them but it is also good to a have atleast small amount of bitcoin because bitcoin is a very potential and most valuable coin in crypto and the price will still grow higher than it is now even if it is low, this is just for a temporary period and it will still be high again. If you have spare cash and you really wish to have bitcoin in your portfolio, you can buy it now and hold.
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July 20, 2018, 11:25:26 AM
 #5

Wow that's interesting. thanks for your point. I really feel deep down that btc will go way high. and I don't really wanna miss out on that.
Have you been buying bitcoin when it was down at $6,000? if you did then you are doing a great job. Don't feel FOMO if you just don't want to miss out the skyrocketing of bitcoin. Buy it because you know that one day bitcoin will become the most valuable investment (for most) and currency for online transactions. It's not only about buying and investing but it's also about your vision about bitcoin and for cryptocurrency as well.

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July 20, 2018, 11:29:33 AM
 #6

Personally, I believe having both altcoin and potential altcoins in your portfolio is a very good idea, moreover, bitcoin is a very potential coin and it is even the oldest, most valuable and most dominated coin in crypto. Some altcoin may have advanced technology than it but I still believe it is very good to have atleast good proportion of bitcoin.
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July 20, 2018, 01:26:02 PM
 #7

Hey guys. So recently I've been quite confused. I'm a crypto analyst enthusiast who joined the movement late last year. I've been engaging in bounties, airdrops and also trading as well.
I've also been blogging on steemit. I've been exposed to a while lot of things and I have a wide portfolio of Altcoins. A while lot of them. Numbering into hundreds.
But I don't own any bitcoin. Which is quite funny. So I've been wondering.
Is it advisable to own an amount of bitcoin??
Will it still go very high or it'll tank really well.
Comments and views are welcomed.
I think you should take both bitcoin and several altcoins. This is the best solution that can be. If you choose between two options, then I would buy some promising altcoins.

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July 20, 2018, 01:28:06 PM
 #8

Hey guys. So recently I've been quite confused. I'm a crypto analyst enthusiast who joined the movement late last year. I've been engaging in bounties, airdrops and also trading as well.
I've also been blogging on steemit. I've been exposed to a while lot of things and I have a wide portfolio of Altcoins. A while lot of them. Numbering into hundreds.
But I don't own any bitcoin. Which is quite funny. So I've been wondering.
Is it advisable to own an amount of bitcoin??
Will it still go very high or it'll tank really well.
Comments and views are welcomed.

It is best to get some bitcoin since you already have a lot of altcoins. Sell some of your altcoin once it hits the peak, some altcoin will not survive for long since some will die some time soon. Some altcoins have no real purpose and are not developed well, which makes them die in the long run. So, it is still best to hold some bitcoin.

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vorseb
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July 20, 2018, 01:36:52 PM
 #9

Yeah BTC is the best. Right now Alt movement doesn't follow BTC movement, BTC keep growing and stable but many coin right now are fall and only some coin that can grow.
ubongephraim (OP)
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July 21, 2018, 12:15:07 AM
 #10

Hey guys. So recently I've been quite confused. I'm a crypto analyst enthusiast who joined the movement late last year. I've been engaging in bounties, airdrops and also trading as well.
I've also been blogging on steemit. I've been exposed to a while lot of things and I have a wide portfolio of Altcoins. A while lot of them. Numbering into hundreds.
But I don't own any bitcoin. Which is quite funny. So I've been wondering.
Is it advisable to own an amount of bitcoin??
Will it still go very high or it'll tank really well.
Comments and views are welcomed.

It is best to get some bitcoin since you already have a lot of altcoins. Sell some of your altcoin once it hits the peak, some altcoin will not survive for long since some will die some time soon. Some altcoins have no real purpose and are not developed well, which makes them die in the long run. So, it is still best to hold some bitcoin.
Okay thanks a lot.. My fear is actually knowing which is will be a long term working and successful project. You might sell today and tomorrow the price is so high.. Could be quite sad
goshay97
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July 21, 2018, 12:37:59 AM
 #11

At this moment in time with the market where it is, it makes more sense for me to take the risk with alt coins due to the potential gain I can achieve with them.  If the market spikes and we start feeling toppy I will move from Altcoin to Bitcoin. 
jasydoggye
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July 22, 2018, 03:59:53 AM
 #12

The price of bitcoin has just started to recover and is still enough low. So, I think this is the best time to invest into it. You are not a newbie and is in this market for a long time. So, you are eligible enough to take your own decision. I have just placed my suggestion.
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July 22, 2018, 04:10:05 AM
 #13

Yes sure, I will suggest you take some few profit and get into bitcoin, bitcoin is good to hold because it is world most recognized crypto currency, and anything that affects the bitcoin affects other altcoin, if bitcoin moon today other altcoin, will follow as well. So I will encourage you to have some bitcoin as well. Thank you.
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July 22, 2018, 04:10:46 AM
 #14

Hey guys. So recently I've been quite confused. I'm a crypto analyst enthusiast who joined the movement late last year. I've been engaging in bounties, airdrops and also trading as well.
I've also been blogging on steemit. I've been exposed to a while lot of things and I have a wide portfolio of Altcoins. A while lot of them. Numbering into hundreds.
But I don't own any bitcoin. Which is quite funny. So I've been wondering.
Is it advisable to own an amount of bitcoin??
Will it still go very high or it'll tank really well.
Comments and views are welcomed.

It is best to get some bitcoin since you already have a lot of altcoins. Sell some of your altcoin once it hits the peak, some altcoin will not survive for long since some will die some time soon. Some altcoins have no real purpose and are not developed well, which makes them die in the long run. So, it is still best to hold some bitcoin.
Okay thanks a lot.. My fear is actually knowing which is will be a long term working and successful project. You might sell today and tomorrow the price is so high.. Could be quite sad
I thought that you must need to learn more about FA of bitcoin. People are buying bitcoin caused by ETF approval soon. I guess you can diversify your investment amount into bitcoin and altcoin. But i guess it much better to do a lot of FA for both of coins. This will be really help you a lot.

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July 22, 2018, 04:13:40 AM
 #15

Are you worried when Bitcoin goes up high and will stop?
Do not worry about this, and you can own Bitcoin whenever you want. Choosing Bitcoin is better than holding any other Altcoins because Bitcoin has a lot of potentials.

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July 22, 2018, 04:38:28 AM
 #16

Hey guys. So recently I've been quite confused. I'm a crypto analyst enthusiast who joined the movement late last year. I've been engaging in bounties, airdrops and also trading as well.
I've also been blogging on steemit. I've been exposed to a while lot of things and I have a wide portfolio of Altcoins. A while lot of them. Numbering into hundreds.
But I don't own any bitcoin. Which is quite funny. So I've been wondering.
Is it advisable to own an amount of bitcoin??
Will it still go very high or it'll tank really well.
Comments and views are welcomed.

You should have bitcoin for higher profit and also exchange ( altcoin ) with swing strategy. You can buy it right now because bitcoin price action start up but in low volume, hold it for 3 - 4 month and use it for your activity. I believe bitcoin has chance to comes up because second top bottom already reached and mostly, all financial product will go up. Don't buy with all your asset just use 30% is enough. Keep learning because bitcoin and altcoin already change my life.

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July 22, 2018, 06:03:04 AM
 #17

Yes, i think that you should have at least 20% of your portofolio into Bitcoin, and 10% into Ethereum for stability. As you saw, the price of altcoins can swing very much and some stability is needed for any good portofolio. Also, keep some fiat money in order to invest when prices are very low.

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July 22, 2018, 06:05:16 AM
 #18

You should take the two options. You'll never know what the future brings. So it is good that you are prepared always.

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July 22, 2018, 06:14:53 AM
 #19

It is quite obvious that Bitcoin is a coin that single handedly rules the cryptocurrency market which is why it will always be popular and will continue rising in popularity over time which will help it rise in value over the long term which is why I always consider it a safe investment. Invest only what you are willing to lose though. Altcoins are also great investments, but are far more riskier investments when compared to Bitcoin which is a high risk high reward scenario.

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July 22, 2018, 06:39:18 AM
 #20

Hey guys. So recently I've been quite confused. I'm a crypto analyst enthusiast who joined the movement late last year. I've been engaging in bounties, airdrops and also trading as well.
I've also been blogging on steemit. I've been exposed to a while lot of things and I have a wide portfolio of Altcoins. A while lot of them. Numbering into hundreds.
But I don't own any bitcoin. Which is quite funny. So I've been wondering.
Is it advisable to own an amount of bitcoin??
Will it still go very high or it'll tank really well.
Comments and views are welcomed.
yes, I would advise you to have bitcoin from some fund.
because it is clear, bitcoin is still the first coin, other than very popular by many people, bitcoin does have a relatively stable price and it is a bit advantageous and minimize the risk.
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