Bitcoin Forum
December 12, 2024, 02:41:40 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 »  All
  Print  
Author Topic: Altcoins or Bitcoin?  (Read 2177 times)
Mashfiqun (OP)
Member
**
Offline Offline

Activity: 100
Merit: 21


View Profile
November 16, 2019, 03:58:45 PM
 #1

The fact that altcoins like ETH, BCH and others are slowly gaining more use has made me thinking. If somebody were to HODL one currency, what could it be?
A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
Or do you support holding multiple crypto coin holding?
palle11
Sr. Member
****
Offline Offline

Activity: 2408
Merit: 332


View Profile
November 16, 2019, 04:34:27 PM
 #2

Or do you support holding multiple crypto coin holding?

This type of survey question or thread has been around and you have an idea where majority will tilt towards  Grin. For my own position, I believe multiple hodling is better because any potential use case coin has a time of bull.
ChrisPop
Legendary
*
Offline Offline

Activity: 2324
Merit: 1035

Not your Keys, Not your Bitcoins


View Profile
November 16, 2019, 04:59:48 PM
 #3

Personally I would go for a 100% BTC focused portfolio IF I had to choose between the two, but I believe that altcoins have higher growth potential than BTC just because we haven't seen any serious institutional funds pouring into them. Who knows what heights can them achieve if that would happen? BTC is the less risky choice though if the potential reward is somehow more conservative.
wxa7115
Hero Member
*****
Offline Offline

Activity: 2814
Merit: 734

Bitcoin is GOD


View Profile
November 16, 2019, 05:20:00 PM
 #4

The fact that altcoins like ETH, BCH and others are slowly gaining more use has made me thinking. If somebody were to HODL one currency, what could it be?
A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
Or do you support holding multiple crypto coin holding?
The answer will depend on your goals as an investor.

If you want to spend as little time as possible checking your portfolio and balancing it and you are willing to hold your investment for years or even decades then a portfolio made exclusively with bitcoin seems like the best choice.

If you have no problems checking your portfolio every day and you are only looking to maximize your profits then a portfolio made exclusively with altcoins seems like the best choice.

And if you want to obtain good profits in the market but you want to reduce your risk significantly then a combined portfolio of bitcoin and altcoins makes the most sense.
CarnagexD
Sr. Member
****
Offline Offline

Activity: 1498
Merit: 374


Leading Crypto Sports Betting & Casino Platform


View Profile
November 16, 2019, 05:56:01 PM
 #5

Personally I would go for a 100% BTC focused portfolio IF I had to choose between the two, but I believe that altcoins have higher growth potential than BTC just because we haven't seen any serious institutional funds pouring into them.
As for bitcoin's movement with these past few months, it is kinda safe to buy now, like a 50/50 situation to win or not with minor spikes. 100% funds on bitcoin isn't that fun at all, you don't even have a chance to get up if you fall the only option for you after that is to wait long. There must be 2-5 crypto after bitcoin on your wallet, I must recommend the trendy ones or those that has a significant growth with past few months. We've seen what bitcoin could reach, we know what it is capable of but it is not always on that phase.

Who knows what heights can them achieve if that would happen?
There are already alts that slowly grinds to top like Verge, You can see its trend on CMC after a partnership with pornhub. Maybe Verge is the next big thing, Who knows?

Diversify.Diversify.Diversify

█▀▀▀▀▀











█▄▄▄▄▄
.
Stake.com
▀▀▀▀▀█











▄▄▄▄▄█
   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
█▀▀▀▀▀











█▄▄▄▄▄
.
PLAY NOW
▀▀▀▀▀█











▄▄▄▄▄█
TrevorS
Sr. Member
****
Offline Offline

Activity: 1050
Merit: 377



View Profile
November 16, 2019, 05:57:29 PM
Last edit: November 16, 2019, 06:13:51 PM by TrevorS
 #6

This issue has already been discussed many times on the forum.
In order to answer it, it is best for you to study such a concept as diversification, since there is no sense in investing in only one project because it involves extremely high risks.

You can learn more about diversification from topic  Is diversification into different coins really a good advice for Newbies?


What was right in the past - diversify or not?

CoinInvestment around ATHLoss until nowremaining value
__________________________________________________________________________________________________________________________
Bitcoin1000$50%500$
Shitcoin A (let’s say Litecoin, in early 2018 Rank 7)1000$80%200$
Shitcoin B (let’s say NEM, in early 2018 Rank 6)1000$95%50$


                       ▄█████▄
                       ██   ██
  ▄▄▄                  ▀█▄▄▄█▀
▄█████▄                 ▀███▀
███████                   ▀
 ▀███▀
  ▀███                   ▄██
   ████                 ▄██▀
    ████              ▄███▀
     ████▄▄        ▄▄████
      ▀██████▄▄▄▄██████▀
        ▀▀██████████▀▀
            ▀▀▀▀▀▀
||..THE WORLDS FIRST...........
..SOCIAL UTILITY CRYPTO..
|████████████████████████████
████████████████████████████
████████████████████████████
█████████████████▀▀  ███████
█████████████▀▀      ███████
█████████▀▀   ▄▄     ███████
█████▀▀    ▄█▀▀     ████████
█████████ █▀        ████████
█████████ █ ▄███▄   ████████
██████████████████▄▄████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████▀▀▀█████████
██████ ▀██████▀      ▄██████
██████▄   ▀▀▀        ███████
██████▄             ▄███████
███████▄           ▄████████
██████▀▀▀        ▄██████████
███████▄▄     ▄▄████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
█████████████▀    ▐█████████
████████████    ▄▄██████████
███████████▀    ▀▀██████████
██████████▌       ██████████
████████████    ████████████
████████████    ████████████
████████████    ████████████
████████████▄  ▄████████████
████████████████████████████
████████████████████████████
|█▀▀











█▄▄
▀▀█











▄▄█
exstasie
Legendary
*
Offline Offline

Activity: 1806
Merit: 1521


View Profile
November 16, 2019, 07:51:55 PM
 #7

The fact that altcoins like ETH, BCH and others are slowly gaining more use has made me thinking. If somebody were to HODL one currency, what could it be?
A 100% altcoin portfolio? Or a 100% bitcoin portfolio?

If it's one or the other, I definitely choose Bitcoin.

Most of the time, altcoins are constantly downtrending against BTC, as seen here: https://bitcointalk.org/index.php?topic=5199962.msg53032250#msg53032250

.....so holding altcoins usually means losing BTC. I only like to hold altcoins for a few weeks or months at a time, when alts are in a global bull market. Otherwise, you can end up bagholding for a long time.

Pearls Before Swine
Sr. Member
****
Offline Offline

Activity: 1190
Merit: 306



View Profile
November 16, 2019, 08:06:03 PM
 #8

This type of survey question or thread has been around and you have an idea where majority will tilt towards 
Not to mention that this is a bitcoin forum.

I detest making recommendations about specific coins, but I would confidently advise anyone asking the same question op is asking to hold the majority of their crypto in bitcoin.  There's just no beating its dominance, popularity, and market liquidity.  If you *have* to hold altcoins in your portfolio, I would focus only on the biggest name ones like Eth and the like, and they shouldn't make up the majority of that portfolio.  Every crypto is risky, but altcoins are probably the riskiest of all.

Proof of stake coins might be a good choice because of the income you can earn, but unfortunately all of them seem to underperform in terms of price.  I'm not sure that the income from them keeps up with their drop in value.
Oilacris
Hero Member
*****
Offline Offline

Activity: 3220
Merit: 621



View Profile
November 16, 2019, 08:20:54 PM
 #9

The fact that altcoins like ETH, BCH and others are slowly gaining more use has made me thinking. If somebody were to HODL one currency, what could it be?
A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
Or do you support holding multiple crypto coin holding?
Diversify if you do able to do so because we cant really deny the fact that BTC would always been preferred by the entire community when it comes to future Hodling.

There were alts that are worthy to hold though that's why if you are financially capable then its much wiser to go on both sides but be sure to handle out the risk.

gantez
Full Member
***
Offline Offline

Activity: 1736
Merit: 121


View Profile
November 16, 2019, 09:05:37 PM
 #10

I like to hodl altcoins because it is cheaper and you can have many of it so that a little move up in price, you are making huge difference in your hodling. I look for valuable coins though not really easy to determine.
Baofeng
Legendary
*
Offline Offline

Activity: 2814
Merit: 1681



View Profile
November 16, 2019, 10:07:39 PM
 #11

Maybe we can learn a two with this guy, EXPERIMENT - Tracking Top 10 Cryptocurrencies of 2019 - Month Ten - UP 39%.

Quote
Overall update – Bitcoin with a sizable lead followed by Litecoin. All cryptos in positive territory except Ripple and Stellar.

BTC and Litecoin are still far ahead of their peers, up +145% and +95% respectively in 2019. My initial $100 investment in Bitcoin is now worth $250.

All Top Ten cryptos are still either flat or in positive territory except Ripple and Stellar. Although each increased in value in October, Stellar remains in the basement down -40% so far in 2019, followed by Ripple, down -18%.

So it's pretty obvious that BTC is still the king here, his investment in alts seem to fluctuate alone but his bitcoin investment alone is up. So you can draw your conclusions with his experiment and I'm sure you will know the answer.  Grin

 
 RAZED  
███████▄▄▄████▄▄▄▄
████▄███████████████
██▄██████▀▀████▀▀█████▄
████
██████████████
▄████████▄████████████▄
████████▀███████████▄
██████████████▐█▄█▀████████
▀████████████▌▐█▀██████████
▀███████████▌▀████████████
█████████▄▄▄
█████▄▄██████
████████████████████████
█████▀█████████████████▀
██████████████
▄▄███████▄▄
▄███████████████
▄███████████████████▄
█████████████████████▄
▄███████████████████████▄
████████████████████████
█████████████████████████
██████████████████████
▀█████
█████████████████▀
▀█
████████████████████▀
▀█████
█████████████
▀███████████████▀
█████████
 
RAZED ORIGINALS
SLOTS & LIVE CASINO
SPORTSBOOK
|
 NO 
KYC
 
 RAZE THE LIMITS   PLAY NOW 
goaldigger
Sr. Member
****
Offline Offline

Activity: 2422
Merit: 357



View Profile
November 16, 2019, 10:56:12 PM
 #12

The fact that altcoins like ETH, BCH and others are slowly gaining more use has made me thinking. If somebody were to HODL one currency, what could it be?
A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
Or do you support holding multiple crypto coin holding?
Altcoins is indeed a good investment as well but since bitcoin is the top coin, investors wants to hold more btc than to any altcoins. If you are going to invest or trade, you’d better to have good coins on your wallet. Invest on btc and other altcoins, its diversifying your money and it can lessen the risk since bitcoin can become an expensive coin again. I do support holding with the top coins, but don’t hold the shitcoins.

███████████████████████
████████████████████
██████████████████
████████████████████
███▀▀▀█████████████████
███▄▄▄█████████████████
██████████████████████
██████████████████████
███████████████████████
█████████████████████
███████████████████
███████████████
████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
█████████████████████████
O F F I C I A L   P A R T N E R S
▬▬▬▬▬▬▬▬▬▬
ASTON VILLA FC
BURNLEY FC
BK8?█▀▀▀











█▄▄▄
.
PLAY NOW
▀▀▀█











▄▄▄█
tenakha
Hero Member
*****
Offline Offline

Activity: 1470
Merit: 509



View Profile
November 17, 2019, 12:11:37 AM
 #13

If somebody were to HODL one currency, what could it be?
A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
If I had to choose one, that would definitely be BTC. I do not worship other "peon" while the king of the market stands.

Or do you support holding multiple crypto coin holding?
Definitely! If you look at the volume of the market, only 16 billion of the 57 billion volume belongs to BTC (according to CMC) and the rest is divided among the altcoins, and that means that most people are in the same thought.
janggernaut
Legendary
*
Offline Offline

Activity: 2394
Merit: 1131


View Profile
November 17, 2019, 01:54:45 AM
 #14

I like to hodl altcoins because it is cheaper and you can have many of it so that a little move up in price, you are making huge difference in your hodling. I look for valuable coins though not really easy to determine.
Cheaper and holding it more than bitcoin won't guarantee you will earn profit from that. I ever buy an altcoin which i think promising, but in few months later it turned to shit token and almost down to 1 sat, which make my investment value dropped so deep.
Since bitcoin halving will come soon, people would prefer to buy and hold bitcoin rathee than altcoin
kanayaTabitha
Sr. Member
****
Offline Offline

Activity: 980
Merit: 252


View Profile
November 17, 2019, 02:37:07 AM
 #15

The fact that altcoins like ETH, BCH and others are slowly gaining more use has made me thinking. If somebody were to HODL one currency, what could it be?
A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
Or do you support holding multiple crypto coin holding?

Most of crypto experts are never recommend to hold only one coin or even less than 5 coins on the whole portofolio. Holding many alts and bitcoin but with bitcoin dominance in our portofolio is always a best option for crypto investors because holding just one coin is really risky to our investment because a coin could experience a sudden drops that will make us panic because we'll see our portofolio drops so deep
Cherylstar86
Sr. Member
****
Offline Offline

Activity: 1484
Merit: 253



View Profile
November 17, 2019, 02:47:34 AM
 #16

The fact that altcoins like ETH, BCH and others are slowly gaining more use has made me thinking. If somebody were to HODL one currency, what could it be?
A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
Or do you support holding multiple crypto coin holding?

Most of crypto experts are never recommend to hold only one coin or even less than 5 coins on the whole portofolio. Holding many alts and bitcoin but with bitcoin dominance in our portofolio is always a best option for crypto investors because holding just one coin is really risky to our investment because a coin could experience a sudden drops that will make us panic because we'll see our portofolio drops so deep

Experts has no distinct way in which will still depend on their experienced as well as their technique and strategies. Nowadays, makes all of us very miserable due to the bearish market in the word of crypto currency community. Hopefully, soon it will pump as wish by many investors as well as those users as what was happened way back 2017 last quarter.
Magkirap
Sr. Member
****
Offline Offline

Activity: 896
Merit: 267


★Bitvest.io★ Play Plinko or Invest!


View Profile
November 17, 2019, 03:09:07 AM
 #17

The fact that altcoins like ETH, BCH and others are slowly gaining more use has made me thinking. If somebody were to HODL one currency, what could it be?
A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
Or do you support holding multiple crypto coin holding?

If i were to hold a single currency it will surely be bitcoin but i do not prefer holding or investing my money on just a single coin, imagine what will happen if the currency you are holding losses its value then you would not have anything in your portfolio to back it up because it is a 100% whatevery currency you are holding, multiple crypto holding is a must do for us.
I like to hodl altcoins because it is cheaper and you can have many of it so that a little move up in price, you are making huge difference in your hodling. I look for valuable coins though not really easy to determine.
Cheaper and holding it more than bitcoin won't guarantee you will earn profit from that. I ever buy an altcoin which i think promising, but in few months later it turned to shit token and almost down to 1 sat, which make my investment value dropped so deep.
Since bitcoin halving will come soon, people would prefer to buy and hold bitcoin rathee than altcoin

Well maybe it is still a good time to invest on some really good altcoins out there because bitcoin halving may increase btc price next year and btc affects the price of the altcoins so you may also consider buying some good altcoins.



BIG WINNER!
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
Kurokonobasuke
Full Member
***
Offline Offline

Activity: 546
Merit: 122


★777Coin.com★ Fun BTC Casino!


View Profile
November 17, 2019, 03:10:01 AM
 #18

The fact that altcoins like ETH, BCH and others are slowly gaining more use has made me thinking. If somebody were to HODL one currency, what could it be?
A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
Or do you support holding multiple crypto coin holding?
I tend to hold multiple crypto coin holding for a purpose. I usually make my portfolio 50% for Bitcoin and 50% for the altcoins such as XRP, ETH, XRM, and etc. The reason why I do that is because I believe that Bitcoin is becoming more aggressive than altcoins which the tendency is that it can go the moon leaving every altcoins behind. On the other hand, we should also consider that some altcoins will be able to go with BTC and possible will gain value more aggressively thus we should give attention on it also IMO.

blckhawk
Sr. Member
****
Offline Offline

Activity: 1554
Merit: 334


View Profile
November 17, 2019, 03:11:10 AM
 #19

I would go for a diversified portfolio, but baised towards Bitcoin. I would only allot small percentage of my funds to altcoins and not just any altcoin that is too speculative, but only those who serves true purpose such as XRP and ETH. Other than then, mostly all of them are shitcoins and cannot expect more into them. Then I'd go for Bitcoin especially when the price dips and I don't expect it to go lower anymore.
Dart18
Sr. Member
****
Offline Offline

Activity: 1400
Merit: 259


View Profile
November 17, 2019, 03:23:18 AM
 #20

I support multiple holding portfolio but with a larger percentage in bitcoin.
The fact that bitcoin have a larger possibility to be pumped gives us the better opportunity for profit.

As long as you can manage different coins then it would be enough to make good profits either in long term or short term trading.
Also, add the risk you are taking. Minimize that risk by picking the right coins to add in your portfolio.
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!