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Author Topic: How often do you invest your Bitcoin to Altcoins?  (Read 1183 times)
arjuna BTC
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July 28, 2019, 12:07:17 PM
 #21

Recently, I am trying not to invest in altcoins, because I was very disappointed by the cryptocurrency market and in almost all altcoins, and therefore I only trust Bitcoin at this time.

but you should know, one from many way to inctease our bitcoin amount is by buying altcoins my friend
and not all altcoins bad buddy, you can see ethereum, eos, cardano is a part of good altcoins project

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July 28, 2019, 12:25:25 PM
 #22

  • You invest because of the Technology of the coin And what it could bring to the cryptocurrency space
  • You know the developers and supporting them
  • You believe you could profit in the long-term


That is my reason to invest in the altcoin, but I don't always buy whenever the price is down, but I will make sure that at that time, those altcoin is getting down. I will buy more amount no matter if I already have that coin because I believe and know that the developers can work better in the future, and they continue the project. Besides that, I will hold the most amount for a long-term and only use some amount to trade to gain more bitcoin because for that coin, and I think the price will be up and down in many times, so it is good for me to try to make a profit.[/list]
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July 28, 2019, 12:35:00 PM
 #23

I invest for the love of a project, I follow up on their development, if they keep up developing I top my investment funds. I invest to make profit as well losing money isn't a good deal.
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July 28, 2019, 12:35:10 PM
 #24

If asked how often, then the answer is very often. I very often invest bitcoin into altcoins when the market improves, because it is an opportunity to seek profits, even though I did not invest everything because personally I really like bitcoin.
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July 28, 2019, 12:40:23 PM
 #25

I have traded BTC for ETH in the past when it was 10:1 and now I regret it, it was the stupidest trade I have ever made.
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July 28, 2019, 12:47:04 PM
 #26

I mainly invest in coins that I consider promising with big plans for the team and their high activity. Obviously, in prospective projects I seek first to make a profit, otherwise there is no point in investing without a profit. But lately I have been trying to sell some altcoins in which I don’t see prospects and development and leave BTC because its dominance has grown significantly lately.

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July 28, 2019, 12:53:08 PM
 #27

Before trading or invest over any coin I am always keep on eye this coins market their vulnerability, I am always analyse current market situation of coins before trading or invest, and I always choose instant trading for fast profit!
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July 28, 2019, 02:03:06 PM
 #28

I never do that I usually trade my altcoins to buy altcoins, I still consider Bitcoin to be irreplaceable I don't buy trade my that is on my wallet so I can buy new coins, new coins will take a lot of time to establish their presence, Bitcoin is already here and trading profitably.

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July 28, 2019, 02:10:13 PM
 #29

I invest directly in altcoins instead of bitcoin because I believe in altcoins more than bitcoin,things are not going smooth for altcoins but they will in time
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July 28, 2019, 02:22:16 PM
 #30

not every time, only when the altcoin is having good news. I trade btc-usdt more because this is more predictable, than trading altcoins that are too volatile. I only buy altcoins when there is good news, and after my target is reached, I will sell it. I don't want to repeat the same mistakes because I hold the altcoin too long.
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July 28, 2019, 02:33:57 PM
 #31

Before trading or invest over any coin I am always keep on eye this coins market their vulnerability, I am always analyse current market situation of coins before trading or invest, and I always choose instant trading for fast profit!
For a trader, invest in altcoins it cannot be counted, every day they can buy lots of altcoins. it's some routine to do an analysis on the altcoin market, buy altcoins with bitcoin, then sell them again when prices have gone up. I can hardly count because its very often
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July 28, 2019, 02:38:12 PM
 #32

I have thought of this topic because I don't invest much in altcoins, just trading it to profit. I'm talking about the one you will buy that you would HODL in the long term and keeping it in your cold wallet, hardware wallet, paper wallet, or whatever you do with it as long as you keep the currency itself.

The reasons I could think are the following:

  • You invest because of the Technology of the coin And what it could bring to the cryptocurrency space
  • You know the developers and supporting them
  • You believe you could profit in the long-term
  • Because of the Name of the coin. Lol.

I'm just wondering if there are other reasons that you may have and if you agree with the ones I listed. Share it here.

From the past I always buy low price coins in the market, trading my bitcoins to it. But lately I realized it's not the way I should do to my investment. So now, I am just trading my Bitcoin to ethereum and convert it back to Bitcoin when I see some profit and it worked well. I think I just stick to just this two coins for now then see another strategy to grow my money in crypto.

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July 28, 2019, 03:09:17 PM
 #33

All are speculative and its final outcome or goal is profit. So why not trade BTC -> Altcoin. The dependence is there but some altcoin with fomo, good news can bring better returns. I think a lot of people move according to this plan.

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July 28, 2019, 05:04:11 PM
 #34

I have thought of this topic because I don't invest much in altcoins, just trading it to profit. I'm talking about the one you will buy that you would HODL in the long term and keeping it in your cold wallet, hardware wallet, paper wallet, or whatever you do with it as long as you keep the currency itself.

The reasons I could think are the following:

  • You invest because of the Technology of the coin And what it could bring to the cryptocurrency space
  • You know the developers and supporting them
  • You believe you could profit in the long-term
  • Because of the Name of the coin. Lol.

I'm just wondering if there are other reasons that you may have and if you agree with the ones I listed. Share it here.

Last two of the reasons are the main reason for me. I invest because I think I could make a profit out of them and the coin name is very important.  Tongue .
 
Despite of the technology, the coin could fail. For example, PEARL had great technology but due to some problem the coin could rise as it was expected but rather the team divided in parts.

Next, if I had have invested a lot of money in some coin or personaly I am connected to a project then I would have support the developers. That usually does not happen for a normal trader.

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July 28, 2019, 05:09:51 PM
 #35

I did invested on Bitcoin in the year 2017 nearly about $10,000 and also in 2019 invested the same amount of money into Bitcoin, holding few etherum with some tokens for now so most of my portfolio filled with kind and I am I'm feel very good about my investment strategy.
I am not kind of investing too often and cryptos but it and join the moment of price changes and speculation.

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July 28, 2019, 05:26:11 PM
 #36

I do not agree with this. If this is for the new altcoin, of course there is no guarantee that they can be used for long-term investments.

Yes. I also never put my money to invest in new altcoins for long term. I think it is a truly wrong decision for sure. Most of the new altcoins are only about pump-dump once they are listed on exchanges. After several months, many turned to have very cheap prices. 

Why don't to buy old coins, like Bitcoin and Ethereum for long term assets. I think it should be a better idea than keeping new altcoins. Currently, I am not really interested in new altcoins, I prefer to choose top coins for trading or investment.


People just believe that new projects can increase capital. And the old projects are not able to quickly make them rich by investing $ 10,000 in the project and having received X100, people want to change their lives. This is their strategy. But even without such investors, the market will stop going in front of and develop.
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July 28, 2019, 06:42:03 PM
 #37

Other reasons that makes me invest into it is : I know how the coins will be in the future, the goals of the project that i believe it will be achieved in the future for sure, a coins that have a huge potential to be a higher value in the future, the team behind the project, and still many more.
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July 28, 2019, 06:50:45 PM
 #38

I became part of crypto community in 2016 when i first started using btc and eth then 2017 was quite fomoic for me and i invested my precious btc and eth in many icos and coins and that passion declined with time as results were not good and now i feel better to stay in btc and eth only because all other investments where i invested my btc have proven to be in loss even after holding for more than 18 to 24 months and now i have decided to stay in btc and eth only.

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July 28, 2019, 07:15:01 PM
 #39

Basically I do the opposite.  I transfer profits from some altcoins earned from bounty to long-term contracts at BTC and ETH.  Sometimes I buy promising, mostly exchange coins and game tokens, but for a short time.  Two or three months, then selling.

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July 28, 2019, 07:35:30 PM
 #40

I currently gamble on altcoins, I call it gambling because most altcoins are dumping badly, I just buy low, and when it pumps, I sell-off and take little profit then wait for another dump. I set buy and sell order the same time with different fund, I hate to be on the long order book queue. Sometimes it works other times it fails.
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