Newbie looking for advice

[Silberman]

Hello all;
I used to have a little btc which sold and use in 2017-2018 , i had lost a good portion of it trying to profit trading with altcoins (bad option).
Now a days i dont have any crypto as i have used the crypto i had in 2017-2018 as my principal funds, i spent it on good and cash out the rest ( a little at a lost but i needed that money) as a student ive used it as my principal money.
Last month i spent my lasts sathosis, owning now 0.0000

But after doing some research and thinking a lot im reconsidering to buy a little (like 100-300dollars) and hold it.

Maybe selling goods i dont use i can buy a little more..
Ive spent some of that crypto in collectibles which maybe i sell here

What do you think people? go all in btc or diversify a little on alts?

Thanks in advance

What does your personal experience tells you about trying to get more bitcoin by investing in altcoins? You already know the answer but you do not want to follow your own experience, you already tried that path and you failed, there is no need to try it again when it is even more difficult now to make money with altcoins, but before you make any purchase be honest with yourself, why do you want to hold bitcoin and for how long you can hold it? You failed at that as well and you may fail again.

[shurcat]

Lost a good portion trading for alts... maybe after this IS why spent and cash out the rest and nowadays 0sathosis, i was think that will lose more so its why i dont own crypto nowadays...

Guys, which wallet is good? IS mycellium a good wallet to hodl and adds little portions each month?
Want to hodl 2-3 years

Greetings

[CryptoBry]

But after doing some research and thinking a lot im reconsidering to buy a little (like 100-300dollars) and hold it. Maybe selling goods i dont use i can buy a little more..Ive spent some of that crypto in collectibles which maybe i sell here. What do you think people? go all in btc or diversify a little on alts?

The thing is that many of the top altcoins are getting their direction and power from Bitcoin. There is no point in diversifying if these other assets are not actually detached from Bitcoin movements. However, if there is really a need to also get some alts, then getting Ethereum and XRP should suffice. You should, however, be focusing a lot on Bitcoin as this is the digital asset poised to achieve a good rate of ROI in the coming months. I also like your idea of selling the stuffs you don't already need and maybe even start a little eCommerce operation of your own, accepting cryptocurrencies for payments. Sadly, I still have to find a good and reliable gigs platform where we can perform tasks in exchange for Bitcoin, just like the Fiverr site. Yeah, there are many sites like that but most do not have a good number of users.

[Fatunad]

Hello all;
I used to have a little btc which sold and use in 2017-2018 , i had lost a good portion of it trying to profit trading with altcoins (bad option).
Now a days i dont have any crypto as i have used the crypto i had in 2017-2018 as my principal funds, i spent it on good and cash out the rest ( a little at a lost but i needed that money) as a student ive used it as my principal money.
Last month i spent my lasts sathosis, owning now 0.0000

But after doing some research and thinking a lot im reconsidering to buy a little (like 100-300dollars) and hold it.

Maybe selling goods i dont use i can buy a little more..
Ive spent some of that crypto in collectibles which maybe i sell here

What do you think people? go all in btc or diversify a little on alts?

Thanks in advance

Just my opinion. I think it's better to buy btc today instead of diversifying your investment. The btc halving is causing too much hype in the market that may result into a bull run and It is possible for another all time high next year or in January to June 2021. You are more ensured with btc than other alts in the market but still the decisions are up to you.

[maydna]

Hello all;
I used to have a little btc which sold and use in 2017-2018 , i had lost a good portion of it trying to profit trading with altcoins (bad option).
Now a days i dont have any crypto as i have used the crypto i had in 2017-2018 as my principal funds, i spent it on good and cash out the rest ( a little at a lost but i needed that money) as a student ive used it as my principal money.
Last month i spent my lasts sathosis, owning now 0.0000

But after doing some research and thinking a lot im reconsidering to buy a little (like 100-300dollars) and hold it.

Maybe selling goods i dont use i can buy a little more..
Ive spent some of that crypto in collectibles which maybe i sell here

What do you think people? go all in btc or diversify a little on alts?

Thanks in advance

If you can get $100-$300, then you can move to the next step. You can buy all of the amounts for bitcoin, or you can divide it between buying bitcoin and altcoin, so you have a chance to make both profits from bitcoin and altcoin. I suggest the second option, which is you can buy bitcoin for half money and use the other half to buy altcoin.

The altcoin you can but don't have to be a high price, but you can buy low price coins but have the potential to increase. But for what altcoin you can buy, that will depend on your analysis, and I don't want to suggest the coin because I am afraid that if I recommend the wrong coin, you will get losses. So you should search for yourself to find the right coins.

[acdc]

What do you think people? go all in btc or diversify a little on alts?

Thanks in advance

$ 100-300 is not a large amount of money, but if you invest appropriately it will bring significant profits for you.
I recommend 50% to buy bitcoin, 30% to buy Binance Coin and 20% to buy ETH. These are the coins that are highly valued in the market and can bring you future profits.

[alexsandria]

Diversify it mate. Sticking to one option isn't a advisable nor recommended atleast. Try distributing your funds with different altcoins as well may be a quarters of your over all fund with Bitcoin like 40% - 50% is for bitcoin and the remaining is for different alts. Well you seemed familiar with the basics then try looking out for other techniques, and try doing it just follow what they do and you'll never be at least failed.

[danherbias07]

If you are trying to sell collectibles in exchange for crypto then try it here.
https://bitcointalk.org/index.php?board=217.0

100-300 USD may not be enough to hold it.
Try adding some more or you could go to services in case you have some skills to offer.
Maybe that could add more to you savings in bitcoin.
Done it here and now I have some good numbers which I enjoy looking everyday. Yes, it will be held for a long time.

[Yaunfitda]

Compared to the majority of the alts who are still buried 90% way below of their previous all-time-high, as compare to bitcoin with is just above 50% now, it's pretty obvious that bitcoin is should be your choice. I mean you have experience it already, and you have lost according to you to altcoins then why are you thinking of diversifying right now?

Not that I'm against all, but they have experience a bearish trend and we don't know when it's going to end. While bitcoin is slowly gaining some ground and could hit 5 digits again, just saying.

[adaseb]

Just wondering why you are considering of getting back into Bitcoin? Not much has changed really since 2018.

I am assuming you bought BTC sometime in 2017 and sold at a loss in 2018, especially if you got into alt coins. Don't feel bad. Many people got burnt this way, whether it's by realized or non realized profits.

My advice is, if the goods you want to sell have no value to you then go ahead and buy the BTC. It's a small portion so even if it doesn't work out, it won't be a big loss anyways.

[lienfaye]

What do you think people? go all in btc or diversify a little on alts?

Since you already experience investing in alts (but it didnt turn out well) you're already aware on what to expect. Do you think its worth it to invest in alts? In my experience, investing in alts are profitable however there's a timing on when to take profit so if you're not patient to wait then it might not work.

You're the only one who can decide for yourself, because for me even alts are not doing well I prefer to not go all in with btc and consider diversifying.

[wajik-tempe]

What do you think people? go all in btc or diversify a little on alts?

Since you already experience investing in alts (but it didnt turn out well) you're already aware on what to expect. Do you think its worth it to invest in alts? In my experience, investing in alts are profitable however there's a timing on when to take profit so if you're not patient to wait then it might not work.

You're the only one who can decide for yourself, because for me even alts are not doing well I prefer to not go all in with btc and consider diversifying.

Yeah investing and trading with alts only profitable when you know when to enter and when to exits. For long term investment is really recommended to hold BTC while you learn how the alts price movement.
And when you're ready to do a day trade with alts, take a little bit from your BTC investment to alts and learn to trade with it.
Some alts also good for long term investment but the most promising long term investment is still BTC in this current market condition

[Finestream]

It's nice if you learn how to diversify that with altcoins, I am not so fan of just trusting my BTC for my investment although I'm convince its the strongest coins in the market. I am just thinking of the return versus the amount you already loss, I mean if this market will recover hard, from the current price now, we might see a big improvement that would result to significant gain for us, and since altcoins are heavily affected, they might also get most of the benefits of the recovery.

[Jating]

Lost a good portion trading for alts... maybe after this IS why spent and cash out the rest and nowadays 0sathosis, i was think that will lose more so its why i dont own crypto nowadays...

Guys, which wallet is good? IS mycellium a good wallet to hodl and adds little portions each month?
Want to hodl 2-3 years

Greetings

If you are planning to hold bitcoin that long, I would simply advise you to get a hardware wallet. If you want desktop though, Electrum will be the best, lightweight, fast and secure although it has been a target for a lot of hackers lately.

Stay away with alts if you have lost so much money on trading/investing on them. Just stick to the old and reliable BTC, specially that bitcoin halving is coming next year and this could be the catalyst for another bull run, in the next 2-3 years.

[barnes13]

If you are still hesitant and lazy to research in more detail from each altcoins project that is littered now, then I would recommend to all in on Bitcoin. I'm sure that the potential of Bitcoin as a pioneer of the first digital blockchain currency can have a better impact in the future. If you want to invest for a long time, Bitcoin is not a bad choice. But, if you bet half of the altcoin project that you haven't researched further then you still have the risk of losing your money, lately many projects have run away after not giving the routine updates about the project and ending up being a scam. So, if you want to invest half of your money on Alt, you need to do some research first (I suggest you look at those who occupy the Top 50 positions in the CMC or Coingecko).

[Wysi]

Diversify it mate. Sticking to one option isn't a advisable nor recommended atleast. Try distributing your funds with different altcoins as well may be a quarters of your over all fund with Bitcoin like 40% - 50% is for bitcoin and the remaining is for different alts. Well you seemed familiar with the basics then try looking out for other techniques, and try doing it just follow what they do and you'll never be at least failed.

Diversifying is not the issue but selecting the right coins to split the fund is the toughest choice it but I would suggest we need to select couple of altcoins like XLM and TRX who are undervalued from long time and have potential to explode anytime as this will be perfect time to invest in those coins along with a major share into bitcoin itself.

[shurcat]

Many thanks to all ! After a night thinking and reading a lot i will invest 80% BTC, 10%XRP and 10% NANO

Im not thinking to buy hardware  wallet because i will invest little money and i prefer to invest extra 50$ and not buy hardware  wallet.

What about mycellium wallet making a seed backup? What wallet is good option?(free wallets)

About collectibles i only own crypto kaijus (physical collectible with a token to respald it), i will sell it in this forum soon. I have four jaiantokoins and two spookys to sell, if anyone interested will be posted in the collectibles forum soon.

Greetings

[fullhdpixel]

Without sentiment, I will say that you go all into bitcoin, the game of cryptocurrency is not going to end now, you need to start using bitcoin to increase your holding while you will still get the chance to invest in altcoin later in future.

If you commit the $300 to bitcoin now, and bull run start making your investment to grow by 3x at minimum, you can take from that profit then to invest in altcoin, because bitcoin just witness its own bull run before it will then go on consolidation for other altcoins to start surging in price too. If I ask you to out your money in altcoin now, you may not be able to be patient for it to grow because I don't see any development for altcoins now until after the halving of bitcoin and during bitcoin bull run that it will get some consolidation.

[diazepam666]

That's good idea only.
If you have known about the best coin which can perform in coming days you may choose such altcoin and invest von that to make the profit out of that. Unless you may find good trader and start doing it.

[Oceat]

Diversify it mate. Sticking to one option isn't a advisable nor recommended atleast. Try distributing your funds with different altcoins as well may be a quarters of your over all fund with Bitcoin like 40% - 50% is for bitcoin and the remaining is for different alts. Well you seemed familiar with the basics then try looking out for other techniques, and try doing it just follow what they do and you'll never be at least failed.

Diversifying is not the issue but selecting the right coins to split the fund is the toughest choice it but I would suggest we need to select couple of altcoins like XLM and TRX who are undervalued from long time and have potential to explode anytime as this will be perfect time to invest in those coins along with a major share into bitcoin itself.

Choose carefully among those altcoins since it could be tricky if you don't know what you had invested. The market would eventually explode so soon as we are going near to the year 2020. Bitcoin should be the main coin to invest here since most altcoins are too dependent to the movement of Bitcoin.