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Author Topic: 1BTC or look elsewhere?  (Read 508 times)
TUMAS (OP)
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November 27, 2018, 07:17:19 AM
 #1

Hi all!

Before you tell me to split my money on different coins - I would like to see what your opinions are..

Would you buy 1 whole BTC and hold it or ignore BTC and go for something else?
cytpoway121
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November 27, 2018, 07:30:35 AM
 #2

I believe decisions as this should be a personal one, It is your capital  and you need to conclude your own personal research, get a reliable conclusions and focus on the positives of trading.

Then you can buy Bitcoin and hodl for the longest term, or better still you can buy couple of reliable altcoins with good product.
The choice is all yours.
TUMAS (OP)
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November 27, 2018, 07:32:32 AM
 #3

Yeah I know its ultimately my decision on what to get and all.

I am asking to see what your opinions are
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November 27, 2018, 07:35:19 AM
 #4

Hi all!

Before you tell me to split my money on different coins - I would like to see what your opinions are..

Would you buy 1 whole BTC and hold it or ignore BTC and go for something else?

I do not think that here you will find what you are looking for. Some will say that we are already at the bottom and worth buying, others predict a fall further, but everyone thinks the coin in which he invested money is better than the other and you will get many answers, perhaps listening to one of which you can earn money, but how do you understand that it will be "exactly that" answer?
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November 27, 2018, 07:37:13 AM
 #5

Before anything else, I'd rather have 1 BTC before any altcoins.

Bitcoin @ $3,773 is cheaper than I'd ever expected for this year. We may never see this price again. If I'm about to buy one whole bitcoin, then I'd definitely love to do that if I've got some money to spend with freely.



 

 

 

 

 

 


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November 27, 2018, 07:39:30 AM
 #6

it is impossible to answer this! you think it is a simple question but it really isn't.

for example is the money you are investing all the money you have or a big percentage of it or a small percentage of your savings? this market is a high risk one, you should invest small percentages. of course that also depends on how old you are, if you are 14 investing all your launch money is not a bad idea but if you are 30-40 with a family then you may want to think twice before investing all your life savings in this market. again depends on the percentage you are investing.

then it also depends on how much you are familiar with this market. if you are brand new then i would say only stick to bitcoin and nothing else and think about buying a small amount like 0.05BTC (around $200) as a start, learn how wallets work and how to secure them (cold storage), then learn more about the market and gain some experience.

if you are not new and you have some trading experience then you can think about altcoin market but only if you are familiar with pump and dumps.

finally it also depends on how diversified your portfolio is. if you already have other assets (other assets are not altcoins, other assets means stocks, bonds,... as in real assets not shitcoins that are dumping if bitcoin goes down) then you can think about bitcoin as a diversification which is a very good option. if not then think about what things you can buy. depending on where you live and the stocks market it can be a good option from time to time. there are also a lot of other options.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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November 27, 2018, 07:46:29 AM
 #7

I would rather buy a sportscar instead of BTC. BTC has nothing to deal with it and have no value as of now it just following the USD trends in the market. Blah blah blah, Bitcoin is not a future FOREVER.
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November 27, 2018, 07:57:19 AM
 #8

Would you buy 1 whole BTC and hold it or ignore BTC and go for something else?

If you afford to take the risk (and afford to lose the money if the things go wrong), go for it. Get 1BTC and hold until it goes beyond moon. On crypto scene, Bitcoin has the best potential gain vs risk ratio.

If you have the appetite for even higher risk (and afford to lose too) then you can think on altcoins too. But there, since the risk is even higher, you should really think on diversifying. Of course, with higher risk there's the higher potential gain too (in case it doesn't crumble to dust).

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November 27, 2018, 07:59:19 AM
 #9

Hi all!

Before you tell me to split my money on different coins - I would like to see what your opinions are..

Would you buy 1 whole BTC and hold it or ignore BTC and go for something else?
I would but it's a bit risky right now consider about there was a lot of speculation about the market is not yet stable. I guess you can try to diversify your amount and then try to put the rest on the ripple and ethereum. But this time it looks like all of speculators concentrated on the SV.

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November 27, 2018, 07:59:23 AM
 #10

Definitely buy 1 BTC, keep it safe and then get on with your life for one two or maybe three years,,, this is the best time to buy Bitcoin, you missed out on 2017 and 2018? Well, welcome back you missed out all the drama and when ATH comes again you did not miss out. No worries, no fuss. You trade, you get worries.

Of course, please keep that Bitcoin safe. Do not store it on any exchange!

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November 27, 2018, 08:34:57 AM
 #11

IMO, it is good to buy 1 BTC for a start. After learning how crypto work, you can start to venture into altcoins if you want to.  1 BTC is not a small amount, remember to get a wallet that you control the private key for storing.
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November 27, 2018, 08:37:11 AM
 #12

I think buying Bitcoin in the market down is the best option, because all the altcoin trends are affected by Bitcoin, and Bitcoin will not collapse due to manipulation!

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November 27, 2018, 08:39:24 AM
 #13

I will definitely by bitcoin first especially with the low price we have seen in the markt of cryptocurrency at the moment.  If all I have to invest can only purchase bitcoij then, so be it, bitcoin is what it will be!

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November 27, 2018, 08:40:58 AM
 #14

Everyone who is thinking about buying another coins - altcoins should have in their portfolio atleast 1 BTC. And now when Bitcoin is super cheap it is the best time to buy more.

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TUMAS (OP)
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November 27, 2018, 10:34:47 AM
 #15

Thanks guys!

Even more confused on what to do but thanks Smiley
hell_slayer
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November 27, 2018, 10:42:07 AM
 #16

Hi all!

Before you tell me to split my money on different coins - I would like to see what your opinions are..

Would you buy 1 whole BTC and hold it or ignore BTC and go for something else?
If you have trading experience and you are familiar with the cryptocurrency market, you can take a risk and invest part of the money in altcoins for short and medium term deals. If your skills in this area are small and you would like to avoid big risks, then you can simply buy Bitcoin and forget about the cryptocurrency market for a while and do something else
BogdanGFTP
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November 27, 2018, 10:49:45 AM
 #17

I think that it is better to split your capital to three or four coins. It is less risky strategy that putting all in one bag. But be aware of shitcoins. Invest only in major cryptocurrencies (top 20 in coinmarketcap).
tamango
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November 27, 2018, 11:03:17 AM
 #18

I think it's always better to make some diversification in order to reduce risk, so my advice is to invest not only in BITCOIN but for example:
40% bitcoin, 30% Ethereum and the other part in most of top 20 coins.
CreamIce
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November 27, 2018, 12:50:54 PM
 #19

It depends on how much you trust the market and how well you understand it. If you think, you can speculate the timings to buy and hodl, I would say go ahead but still will advice to not put it all in one place. Not at the moment.
syberwolfen
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November 27, 2018, 01:08:15 PM
 #20

I think buying Bitcoin in the market down is the best option, because all the altcoin trends are affected by Bitcoin, and Bitcoin will not collapse due to manipulation!

You can invest in any coin now in this disaster market and price of coins are very very cheap and big whales are taking advantage of this to make more income, BTC is nearly $3.8k which was never expected by anyone in this forum. I have faith in this as it will recover very soon.

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