Newbie looking for advice

[maydna]

keep holding in BTC. if you buy with your personal money, don't put it on altcoin. fixed on BTC. but if you feel not good, good altcoin options to hold are ETH, BNB, ADA, NEO. in my opinion this is the best. use your funds wisely, so you don't lose more. because I believe, Bitcoin will give you something big after you graduate from school.

Choosing bitcoin as the one of investment only will be great, especially if he doesn't have skills to trade. But he can start to learn about trading and not just holding bitcoin only because he will have a chance to make more money from trading. Yes, the altcoin will be a good trade only if he has skills in trading. Otherwise, he will not make a profit even if he has a lot of altcoins as the investment. But it is better to hold bitcoin than altcoin because we never know when the altcoin can back to the higher price. And comparing to bitcoin, we can see that bitcoin price still changes for the price, and although the bitcoin price is up and down, the price will be increased in the long term. But the altcoin will have difficult to increase if bitcoin is not moving to the higher price.

[piebeyb]

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 a suggestion it's better you go take ETH which is currently cheap, but you should wait until early december to try to buy because now the market is crowded with panic, if you only have about $ 200 or $ 300 better take altcoin top coinmarketcap 2 up to 10, you should not buy bitcoin because it is difficult to benefit you because you use a little capital you should buy cheap Altcoin like Dogecoin ETH EOS and TRX, good luck but I'm not responsible about the risk so this is just a suggestion

[julius caesar]

your option is better to use half for bitcoin and half for spread in the form of altcoin ,I'm sure your decision return to crypto is the right choice and you will definitely already gained experience in 2017

If you are semi-professional trader this kind of trading/investing is applicable to you. Separating the amount of investment in bitcoin and in other cryptocurrency is bright idea and it seems many traders also this strategy. It seems that the OP already have background on how the market works so basically he can now make the right decision if he going to split his investment.

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

Thanks in advance

Wherever they invest it is still end up in a good result as long you know where do you invest. Splitting your money is a good idea but still, sticking in investing in bitcoin is best way to earn huge profit.

[The Sceptical Chymist]

I used to have a little btc which sold and use in 2017-2018

I don't know what you bought that bitcoin for, but those years might have been a good time to sell.  Hopefully you didn't lose too much money.

Be careful about going all-in on crypto in general, whether it's bitcoin, altcoins, or a mix of both--unless you're very young.  If you're investing for the future, I'd be looking at the stock market as well.  You can shield a lot of stock market profits from taxes as well, depending on what country you're in.  There are a lot of tax-deferred options out there, and stocks can give you one thing bitcoin can't: income.

If you're going to be putting a good chunk of money into crypto, I would stick with bitcoin for the majority of it.  If you've got to buy altcoins, pick some of the biggies like LTC, ETH, and the like and don't stray from that.  Once you start buying shitcoins you're just gambling.  Nothing particularly wrong with that, but you don't want to be gambling with your life's savings.

[carlfebz2]

If you're going to be putting a good chunk of money into crypto, I would stick with bitcoin for the majority of it.  If you've got to buy altcoins, pick some of the biggies like LTC, ETH, and the like and don't stray from that.  Once you start buying shitcoins you're just gambling.  Nothing particularly wrong with that, but you don't want to be gambling with your life's savings.

+1 to this!

It isnt bad to consider some alts but if we do tend to go with some alts then its much more worthy to look upon those are on top option than considering those small cap coins where you do hope
to earn 1XXX back with your money.Those good old days wont easily happen as of today so its better not to expect nor hope to this probability.Going all in specially putting all of your savings
to any investment is always been risky option not only talks on crypto but also on other real-life investment as well.

[Wexlike]

If you're going to be putting a good chunk of money into crypto, I would stick with bitcoin for the majority of it.  If you've got to buy altcoins, pick some of the biggies like LTC, ETH, and the like and don't stray from that.  Once you start buying shitcoins you're just gambling.  Nothing particularly wrong with that, but you don't want to be gambling with your life's savings.

+1 to this!

It isnt bad to consider some alts but if we do tend to go with some alts then its much more worthy to look upon those are on top option than considering those small cap coins where you do hope
to earn 1XXX back with your money.Those good old days wont easily happen as of today so its better not to expect nor hope to this probability.Going all in specially putting all of your savings
to any investment is always been risky option not only talks on crypto but also on other real-life investment as well.

What alts are considerable good compared to Bitcoin ? Can't name any tbh. Crypto is highly risky already, why put a rollercoaster on top of a rollercoaster ?

[Silberman]

If you're going to be putting a good chunk of money into crypto, I would stick with bitcoin for the majority of it.  If you've got to buy altcoins, pick some of the biggies like LTC, ETH, and the like and don't stray from that.  Once you start buying shitcoins you're just gambling.  Nothing particularly wrong with that, but you don't want to be gambling with your life's savings.

+1 to this!

It isnt bad to consider some alts but if we do tend to go with some alts then its much more worthy to look upon those are on top option than considering those small cap coins where you do hope
to earn 1XXX back with your money.Those good old days wont easily happen as of today so its better not to expect nor hope to this probability.Going all in specially putting all of your savings
to any investment is always been risky option not only talks on crypto but also on other real-life investment as well.

What alts are considerable good compared to Bitcoin ? Can't name any tbh. Crypto is highly risky already, why put a rollercoaster on top of a rollercoaster ?

It is very easy to know why someone would do something like this, because of their greed, despite the incredible profits that we know bitcoin can give in a very short amount of time people are still unhappy with their profits and they prefer to take the risk of investing in altcoins even when they know that there is a high chance that they will never see their money again, they believe that nothing bad will ever happen to them and that they will always take the right decisions and we know that is not true.