How often do you invest your Bitcoin to Altcoins?

[ethereumhunter]

I think in this year, I don't invest too many altcoins because I already did that in the last year. I am glad that in the last year, all of the altcoins have reached the bottom and I can buy a lot of the altcoin and this year, I tried to sell some of them. While I sell some of them, I still wait for the next bull run of the altcoin which I am sure it will happen soon. But I will think again if I can see the top 20 coins list can get down deeper, I will buy it again to add more coins in my wallet.

[Nazmul012]

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.

A lots of time I've invested Bitcoin to altcoins. Furthermore I can still remember those name & their market price.
That's  because I've found them more profitable than Bitcoin.

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.

The reasons was in your thread and that is "i could profit in the long-term" from those altcoins. That's why I keep them in my mew wallet. But this year, I've sold some of them due to dump market & unable to fulfill their aim...

[upyem2k]

Not at all often. Most especially at the present time of ICO that most of the ICO projects were turning out to be scam and fraud. Some was great in term of ideas in the whitepaper contents, but dumpers activities just keep spoiling prices.

[minersday]

Looking the changes happening in the crypto market for the past months now, I don't see it as advisable to invest my Bitcoin into Altcoins. I prefer selling my altcoins for Bitcoin. Altcoins has the tendency to drop to about 20% causing a huge lose to investors.

[letyouearn]

Like altcoins and invest in them more often than I should maybe
Usually prefer some strong coins that everybody knows. But also like some interesting small projects with unique ideas.

[guydin]

I do not have only one scheme of investing in cryptocurrency. I guess the first moment we must remember here about is the market waving, although it seems very simple to some people. It is evident that I do not invest in tokens and BTC when they are on the top. On the other hand, when I get extra money, it is invested in new and promising altcoins.

[Hans Groober]

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.

It is a mistake to choose a project based on the promises of developers to create this or that technology. Believe me, developers can promise you anything, but to create it is much more difficult. You need to invest in something that has already been created and is working or has a working sample. Investing in promises is very risky and stupid.

[joinfree]

I rarely do that as most of these altcoins really turn out to be shit coins anyway until just recently a friend talked to be about Vechain, i have purchase some of their coins and i plan of holding them for a very long time and see how their project develops to bring more value to the tokens.

[robattfield]

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.

The only thing that makes me want to invest in altcoins is the ability to increase profits compared to BTC. Altcoins can bring much higher profit than BTC because their market capitalization is low, it is easy to pump many times in a day. But there are also certain risks when investing altcoins, and when investing altcoins you must accept that risk.

[kikoy999]

yes i invest my bitcoin in altcoins especially if bitcoin price goes down i buy it in altcoins because i'm sure that when i invest in altcoins i will make a lot of money since those are starting to rise its price.

[7788bitcoin]

Like altcoins and invest in them more often than I should maybe
Usually prefer some strong coins that everybody knows. But also like some interesting small projects with unique ideas.

I have a simple doubt, how many projects have you invested your money and what all projects gave you a good return, i have not seen many projects that gave a good return in a very long time and some of the projects i invested gave me a good return simply because i cashed out when the market went high and if i were to hold those coins i would have ended in a loss.

[Prolifik]

I invest everytime when I have free money, for example when I earn something from signature campaign, a part of it I sell and buy Bitcoin and high-cap altcoins.

[ishirut009]

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.

you should add good adoption rate because of good connections to big entities. For ex: vechain got way many big connections in china alone so for me it is a very good choice to hodl for the long term because it surpasses any of its competitors when it comes to adoption rate because of its good relationship to big entities.

[Samboo]

I agree with you on all of the points you have provided. For me in general, I first of all look at the technology and concept of a project while investing or working for the project as a bounty hunter. Likewise, I also do not miss my look at the project team as team is considered to be a backbone for a project to grow. Thank you for this.

[nutriagrigia]

I agree with you on all of the points you have provided. For me in general, I first of all look at the technology and concept of a project while investing or working for the project as a bounty hunter. Likewise, I also do not miss my look at the project team as team is considered to be a backbone for a project to grow. Thank you for this.

the team is the first thing on which we should pay attention. but there are also a lot of good game/gambling projects in which teams do not reveal their identity.

[coinsycrip09]

Looking the changes happening in the crypto market for the past months now, I don't see it as advisable to invest my Bitcoin into Altcoins. I prefer selling my altcoins for Bitcoin. Altcoins has the tendency to drop to about 20% causing a huge lose to investors.

yup! you are right.
i also don't like to sell my bitcoin and exchange it for altcoins.
i think bitcoin will be very profitable, bitcoin is not dependent on altcoins and is not controlled by altcoin.

so i don't have a good reason to exchange my bitcoin for altcoins, i prefer to save bitcoin and wait for it until i get the benefits that i expect.

[key4co.in]

I invest in just very few altcoins because I know many will fail in the long run. What draws my interest in a coin is project development especially. Achievements by the team and project vision shows a great coin for long term hold. On your list I saw "name of coin", only a noob will invest in an altcoin just because the name is appealing lol.

[Raidal]

Now I balance between bitcoin investment and my altcoin investment. Bitcoin prices that have not increased significantly make me have to change my playing strategy for the better. Even now I plan to exchange all of my bitcoins for the altcoins I want like eth and bnb. For me, playing eth and bnb is more interesting than playing bitcoin. But I still have many considerations for making that decision. I am still monitoring the market in one more month to make a truly definite decision.

[Johnzky]

• You believe you could profit in the long-term

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.

This is what I believe and always my reason in every altcoin I bought in past and until now

Though this second quarter since the bull comes back I decided to sell some alts and buy Bitcoin until last month and now I am waiting to buy altcoin again

Every month I allocate altcoins and bitcoin as my investment. I do this as a long-term investment. no matter what the price is. when I started doing research and was sure that in the future it would be good then I would still be on the data and every few months to review whether this is still suitable for investment or not

So since when you started doing this?and how long are you willing to do this?in 2018 I do same thing allocating 10% of my wage to buy crypto but stopped in December to wait the bull but suddenly it took another 5 months to happen

[Chomsy]

Bitcoin is the oldest cryptocurrency and in turn the bedrock of other cryptocurrencies. I invest confidently in bitcoin cos I know the liquidity is strong enough and noatter the rise and fall, it always remains a strong project. Recently, I invested big, more than I have ever done. Price fell shortly after that investment but am not withdrawn. It will only take time to recover, but yeah, it definitely will.