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Author Topic: Altcoins or Bitcoin?  (Read 2177 times)
Blackdeath
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November 21, 2019, 11:52:05 PM
 #101

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?
In my own personal opinion, i would like to hold 100% of my money to bitcoin because there are more chances that i could get profit from bitcoin rather than altcoin, but i would like to buy the other half of my profit from altcoins that has a good value because splitting my investment would be a greater chance to increase my profit.



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November 22, 2019, 12:42:03 AM
 #102

I chose to hold some crypto Bitcoin and altcoins such as ETH, BCH, LTC, BNB, and Dash. As the saying goes does not put eggs in one basket. Moreover, the price is now very cheap. This is a great time to buy and hold until the price rises higher.

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November 22, 2019, 03:40:51 AM
 #103

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?
In my own personal opinion, i would like to hold 100% of my money to bitcoin because there are more chances that i could get profit from bitcoin rather than altcoin, but i would like to buy the other half of my profit from altcoins that has a good value because splitting my investment would be a greater chance to increase my profit.
and also it make us comfort, risk in investing in bitcoin smaller than in altcoin. Even though its volatility very extremely but based on price history it could recovery its price when market sentiment increase. Meanwhile in altcoin it depend on developers team work , if they could not improve their work inventors will leave them . and ofcourse its price will drop again. Only main altcoin that save to buy in this condition. We should not gambling our money by buying unreputable altcoin

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aardvark15
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November 22, 2019, 03:53:49 PM
 #104

If you are going to hold just one cryptocurrency then stick with Bitcoin. I suggest however to maybe pick 3 to 5 to HODL. Maybe hold 50% to 75% in Bitcoin and then a portfolio of a few top altcoins such as ETH and a few others.
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November 22, 2019, 04:01:21 PM
 #105

In my own preferrence, Holding both altcoin and bitcoin is much better. And, I think that you can have both but not the same amount of holding percentage like 75% in BTC and 25% for Altcoins.

And as of tkday's value of bitcoin, it would be great to buy more and hodl until the price pumps up once more.
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November 22, 2019, 04:41:07 PM
 #106

I love bitcoin but in terms of opportunity, I would go for altcoins. There is a lot of altcoins in the market where we can trade them or either earn them through signature campaign or any form of services that we can offer in exchange of an altcoin. Because of their types and numbers in the market, it will be easy for us to jump into another altcoin which provide efficiency in terms of maximizing the potential profit.
So I think comparing bitcoin with altcoins is like a joke. How can anyone do this comparison? Altcoins, do not have any identity of their own. They are nothing without bitcoin. Some people would dislike or hate this but fact remain the same. No can deny that altcoins survive with the help of king. They do the same what bitcoin does. Altcoins are mere followers of bitcoin and far below it in terms of gaining value.

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November 22, 2019, 04:45:37 PM
 #107

In my own preferrence, Holding both altcoin and bitcoin is much better. And, I think that you can have both but not the same amount of holding percentage like 75% in BTC and 25% for Altcoins.

And as of tkday's value of bitcoin, it would be great to buy more and hodl until the price pumps up once more.
nowadays, almost everything looks the same. besides stable coins, almost all cryptocurrency has a dump price when bitcoin is dumped. even like that, I still focus on bitcoin. the reason is easy. when bitcoin prices dump, almost all altcoin dumps, but when bitcoin prices rise, it cannot be ascertained that altcoin prices are rising. so, I will still focus on bitcoin for now, even though the storm dump has come.

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Clement Kaliyar
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November 22, 2019, 04:50:52 PM
 #108

I don't know what use of altcoins is increasing, but from what I see a lot of people are complaining about the price of ETH and slow development of ETH, people don't want to settle for the fact that the price of ETH may never go back above $900. eventually no one will use BCH... If we look at the long run we have:

4,843 altcoins, these altcoins are competing with each other, which means they will have to compete a lot and few of them will survive in that market.
The truth is that the shit coins are competing with each and there are still people trusting the ETH market because apart from bitcoin ETH market rallied a lot when the token projects starts appearing and majority are still in that flux thinking that the ETH market will rise once again but they forget a fact that the token market is done and dusted for majority of the part and if you are looking for the long run the only coin you can trust is bitcoin.
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November 22, 2019, 05:24:16 PM
 #109

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?
Have you ever watched the price chart? So you have never noticed that about ninety percent of the times the price of altcoins usually goes down when the price of Bitcoin is going down? So, if it's mainly that way, why then should you be saying that altcoins are a better choice? Even experts predicts that if there should be bull run this time that there is the possibility that altcoins won't even increase, except a few of them that are on top the chart alongside Bitcoin.

Bitcoin is always a good choice for investment when it comes to cryptocurrencies, but you know what's best for you. It's not everyone that invests in Bitcoin, I have a friend of mine that prefers to invest in Waves, and he hardly invest his money in Bitcoin. But for me, most of the time it is Bitcoin and Etheruem.
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November 22, 2019, 05:40:08 PM
 #110

In my own preferrence, Holding both altcoin and bitcoin is much better. And, I think that you can have both but not the same amount of holding percentage like 75% in BTC and 25% for Altcoins.

And as of tkday's value of bitcoin, it would be great to buy more and hodl until the price pumps up once more.
nowadays, almost everything looks the same. besides stable coins, almost all cryptocurrency has a dump price when bitcoin is dumped. even like that, I still focus on bitcoin. the reason is easy. when bitcoin prices dump, almost all altcoin dumps, but when bitcoin prices rise, it cannot be ascertained that altcoin prices are rising. so, I will still focus on bitcoin for now, even though the storm dump has come.
You're totally wrong because it not every crypto in the market that actually look the same because stable coin are investors and traders saviour in this current market where the price dump for no reason and the last time I checked almost all stable coin maintain the $1 price range.

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November 23, 2019, 03:45:03 AM
 #111

I prioritize altcoin which is on the 10 CMC list to hold. But I split 60% for altcoin and 40 for holding bitcoin. Altcoin and bitcoin are very, very important. The price of altcoin depends on the current bitcoin trend, which is currently unstable. Having bitcoin will save your assets and minimize losses when altcoin drops very deep.
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November 23, 2019, 04:01:17 AM
 #112

I prioritize altcoin which is on the 10 CMC list to hold. But I split 60% for altcoin and 40 for holding bitcoin. Altcoin and bitcoin are very, very important. The price of altcoin depends on the current bitcoin trend, which is currently unstable. Having bitcoin will save your assets and minimize losses when altcoin drops very deep.
At the moment, I only prioritize holding Bitcoin and restricting transactions for the time being because the risk is too great and Bitcoin is suffering heavily from the recent bad news. The market has not been able to recover in the way that people predicted and the downtrend is still lasting during this time, so altcoin is definitely the investment that makes you lose money the most in your investment.

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November 23, 2019, 04:10:20 AM
 #113

I prioritize altcoin which is on the 10 CMC list to hold. But I split 60% for altcoin and 40 for holding bitcoin. Altcoin and bitcoin are very, very important. The price of altcoin depends on the current bitcoin trend, which is currently unstable. Having bitcoin will save your assets and minimize losses when altcoin drops very deep.
Understanding the risk of your invested money can give you an idea of what you do when certain movements is not favoring your investment. Splitting and not to put everything to one basket definitely the best options to do. All things can be done if you are well prepared and you extend your time studying the market trends. Both options are good if you are willing to take the risk.
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November 23, 2019, 06:24:39 AM
 #114

in my opinion, it all depends on what strategy will be used when investing. I myself will choose bitcoin when I decide to invest in the long term, or invest from one year to the next. and when I will do a short-term strategy, maybe I will choose altcoin as my choice. in such a way, in my opinion will minimize the existing risks. because I myself believe in bitcoin to be waited for a long time than altcoin.

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aioc
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November 23, 2019, 06:46:11 AM
 #115

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 am an example of not putting all your eggs in one basket, I always prefer multiple crypto coin holding, so you are always on a lot of options, if you are holding only one coin if it is not Bitcoin you are putting your self in a risk of losing all your investment, so it's better to always follow this sound financial advice of not putting all your coins in one basket, because it really works.

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November 23, 2019, 07:00:53 AM
 #116

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 am an example of not putting all your eggs in one basket, I always prefer multiple crypto coin holding, so you are always on a lot of options, if you are holding only one coin if it is not Bitcoin you are putting your self in a risk of losing all your investment, so it's better to always follow this sound financial advice of not putting all your coins in one basket, because it really works.

You were right. This is pretty common to investors. And this was proven over time. Lesser risk. If some person do not want to hold many coins then minimum of three is not hard. Big investing companies are always venturing into different projects and they are guided by financial experts. We do not have financial advisers but we can try to copy these successful companies basic strategies.       

 
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November 23, 2019, 09:25:26 AM
 #117

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?
We should diversify our portfolio. I don't really care that I should keep bitcoin or altcoins, because what I and other speculators care about is profit after a month. Which coins can bring good returns, I will definitely buy it and wait for the pump to sell and sell. But I usually choose alts to do this more because it has a smaller marketcap and the pump is usually stronger. The altcoins that I say here are the top 100 alts, not the shitcoins. Cheesy

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November 23, 2019, 09:46:08 AM
 #118

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?
Personally, I like to take risks and like to get rich quickly so I like to choose alts that no one has noticed and hold it for long term. I usually choose alts outside the top 100 and look at the chart and its community to determine whether to speculate or not. 100% of my speculative portfolio is alts and there is no bitcoin.

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November 23, 2019, 12:28:48 PM
 #119

I myself will choose bitcoin 100% because holding bitcoin in a portfolio is more certain than collecting lots of altcoins, my suggestion is that if you have more capital, the difference is also allowed for solid altcoin and only for short-term hold. Prioritize bitcoin in your portfolio because of the bitcoin price has a good quality in its history
Bitcoin investment is always recommended in this market because this is the safest investment for investors and will help you to make a big profit if you have patience. Don't invest in altcoin right now and stay away from this coin this year because of the huge volatility of altcoin that makes a lot of investors lose money. I think investors only care about Bitcoin and no one is interested in altcoins this time.

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November 23, 2019, 02:03:14 PM
 #120

I already bought altcoins when i saw the value of bitcoin starting to go down and bought only that i know will start to rise. And if we hold our bitcoin we cannot take advantage the market's crisis.

That's if you already have bitcoin then you might need to buy and sell to make a profit and altcoins today will surely rise since we all know that its opposite when bitcoin's value are going down then altcoins are going up.
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