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Author Topic: Altcoins or Bitcoin?  (Read 2177 times)
DevilSlayer
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November 23, 2019, 02:38:51 PM
 #121

I diversify my funds so I do not all in bitcoins or in altcoins. I trade bitcoins and also some of potential altcoins like Ethereum, Xrp and bitcoin cash. The reason why I diversify my funds is for me to have good risk management.
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November 23, 2019, 04:04:49 PM
 #122

I diversify my funds so I do not all in bitcoins or in altcoins. I trade bitcoins and also some of potential altcoins like Ethereum, Xrp and bitcoin cash. The reason why I diversify my funds is for me to have good risk management.
yes, every traders must do that. Diversity our asset will help us to avoid big losses , and alsonwe could mix profit and loss potency in our portofolio. Some coins get loss and some coins get profits. And in this condition we should do our own strategy to maximize profit.. And now i am trying do it by buying some binance coin from my btc. I hope i get maximum profits when both this coins price recovered

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November 23, 2019, 04:42:04 PM
 #123

It depends on your mindset. On the one hand, I may recommend a 100% bitcoin portfolio because it's the most stable crypto currency. The other major currency tends to follow it's fluctuations but they are much more vulnerable to speculation due to the lower net worth. It's much easier for someone with lots of money to first buy a lot of, for example Vechain or Nano, and then flood the market in order to buy in even lower when the course crashes. On the other hand, altcoins have made me 10-20x more money than BTC. therefor my investments mainly go into alts, that will double overnight as opposed to BTC.
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November 23, 2019, 05:01:02 PM
 #124

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?

Your choice is bad in all option, market is red and you want to buy?. In this situation red market will kill all your strategy, why you not try another way to create income out side crypto market. For me, this time bitcoin price is really bad and if I decide to buy back will make my money stuck. I hope you think twice before enter market in this situation, stuck in low price will become nightmare.

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November 23, 2019, 05:43:36 PM
 #125

Both! I don't see any reason for not having both! You can invest in what you want, you can earn different coins and later trade them for the coins you would like to have. There are many discussions about diversifying, to never have all your money in one place, apply that in the reality and you will have to invest in different crypto coins, and if you are thinking outside the box you should try to have some investments outside the crypto if you wish to be safe in any case. Nobody knows what future holds, that's why we invest in what we think its the best, gold diggers believe in gold, miners believe in crypto, some people believe in something totally different. World is full with opportunities and we are all gambling in some way by investing in assets that have potential future.

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November 23, 2019, 05:47:34 PM
 #126

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.
Yes you are right and Bitcoin is the only coin that can produce humongous amounts of profit. Only bitcoin has introduced young millionaires to the world. No other coin can do that. Getting rich is no more a time taking or difficult task. Just buy bitcoin and hold it for long, simple as that. By long, it never means decades. If someone buy bitcoins today, he will be rich by 2020 as the halving is approaching us.

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November 24, 2019, 05:43:03 AM
 #127

I hold bitcoin if for the long term, but if for daily or weekly trading I trade on altcoin. But for eth I believe to hold in the long run because eth potential is very good in the future, I believe that because eth developers always make changes and if realized next year eth will make changes to ethereum 2.0, we welcome it.

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November 24, 2019, 05:50:35 AM
 #128

I hold bitcoin if for the long term, but if for daily or weekly trading I trade on altcoin.

actually both can work nicely  . bitcoin can be traded daily or weekly since its a highly volatile kind of coin  , most of the time bitcoin falls and if it falls you can buy it and trade it later or the next day because for sure its value will probably increase again  .

easy profit isnt it  ? while altcoins wont fluctuate that much so you can just hodl them for a while or until they show signs of recovery and that would be the time to trade them   .
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November 24, 2019, 07:41:06 AM
 #129

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.
Yes you are right and Bitcoin is the only coin that can produce humongous amounts of profit. Only bitcoin has introduced young millionaires to the world. No other coin can do that. Getting rich is no more a time taking or difficult task. Just buy bitcoin and hold it for long, simple as that. By long, it never means decades. If someone buy bitcoins today, he will be rich by 2020 as the halving is approaching us.

It's not as easy as you say investing or buying bitcoin is good but we have to know about the technical analysis how about that you can know bitcoin will move better, if like what you say maybe everyone will buy bitcoin will get rich in 2020 .
By buying bitcoin we must know to look at the correct graphs, news analysis that can also affect the price of bitcoin.

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November 24, 2019, 07:48:07 AM
 #130

I support hold bitcoin and altcoin. Both are equally profitable if we buy and sell at the right time. No need to wait for prices to soar too high. Saving just one type of coin is also not good because it is the same as saving fiat money. For the top 10 coins in coin market except stable coins I think are very stable and can bring profit if we really use them.
Before deciding to invest, you should divide the capital appropriately and must know how to manage assets to make the most reasonable choice. Currently the market is still in a downtrend, so there will be a lot of big risks in investment. I think you should hold more Bitcoin and should only spend 10% of total assets to invest altcoin because this year is definitely not a good year for you to make a profit.
I will consider your suggestion. My kiss is a bit confused now because the amount of capital that I have is very limited. If you think is not better if I save altcoin more than bitcoin? because you know for yourself if bitcoin only with small capital will definitely get very little profit as well. While altcoin there is an opportunity to get a little bigger.
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November 24, 2019, 08:04:35 AM
 #131

I will consider your suggestion. My kiss is a bit confused now because the amount of capital that I have is very limited. If you think is not better if I save altcoin more than bitcoin? because you know for yourself if bitcoin only with small capital will definitely get very little profit as well. While altcoin there is an opportunity to get a little bigger.

Some Altcoins better for the short term trade but highly risky for holding it long term. long term better only for bitcoin is the right way others shitcoin i don't like for holding them, because of other coin are not guaranty  hold for long term.
bitcoin is the good thing for the holding.

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November 24, 2019, 09:08:15 AM
 #132

in my opinion, it would be more profitable if we had altcoin and bitcoin because that would give us more opportunities and options to be able to benefit, as we know that altcoin and bitcoin have prices that will continue to change
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November 24, 2019, 09:09:29 AM
 #133

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 dont think i will do such thing but considering that i need to choose?i will be for Pure Bitcoin holding,its not because i dont trust altcoins but i trust bitcoin more than any other coins so to be assured of safeties?i will choose bitcoin.but i will clarify that i am pro diversification .

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November 24, 2019, 09:41:25 AM
 #134

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 dont think i will do such thing but considering that i need to choose?i will be for Pure Bitcoin holding,its not because i dont trust altcoins but i trust bitcoin more than any other coins so to be assured of safeties?i will choose bitcoin.but i will clarify that i am pro diversification .
How can you diversify if you only choose Bitcoin? Diversifying means you don't have to put your investment on a single place like Bitcoin alone. It would be wise to invest Bitcoin and altcoins at the same time to ensure your profit during the bearish trend if you are planning to trade daily. Diversifying is a thing now especially altcoins are present already in the crypto sphere.

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November 24, 2019, 10:20:37 AM
 #135

in my opinion, it would be more profitable if we had altcoin and bitcoin because that would give us more opportunities and options to be able to benefit, as we know that altcoin and bitcoin have prices that will continue to change

Altcoin is the profitable but not it real all coin  few coin are fake coin listed on market and started buy/sell but few day after delisted in the market, and people losses money loss the capital of money so appreciated bitcoin.

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Basorexia
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November 24, 2019, 10:45:54 AM
 #136

I believe that on a permanent basis at least 50% of the funds should be in Bitcoin.
The remaining percents can be tried in trade, but only in pair with the BTC.
Diversification is a good thing, but still I would not invest more than 25% in altcoins, since they are unstable.
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November 24, 2019, 10:58:24 AM
 #137

I believe that on a permanent basis at least 50% of the funds should be in Bitcoin.
The remaining percents can be tried in trade, but only in pair with the BTC.
Diversification is a good thing, but still I would not invest more than 25% in altcoins, since they are unstable.

It depends on how skillful and lucky enough we in and out with altcoins, trading alts is always good since the price is agile. If the price of a coin is stable there is no way that we can make profit from them. So i think for investment i'll choose bitcoin and for trading i'll choose alts
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November 24, 2019, 11:02:00 AM
 #138

For me it is a fifty fifty stuff. i hold some altcoins and bitcoins. my altcoins include eth, bch, usdt and etc. there are many altcoins in the market. it depends on what you want to hold. choice differs.

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November 24, 2019, 11:10:06 AM
 #139

For me it is a fifty fifty stuff. i hold some altcoins and bitcoins. my altcoins include eth, bch, usdt and etc. there are many altcoins in the market. it depends on what you want to hold. choice differs.

It is always good to diversify your investment into different coins rather than just investing in 1 coin itself. Also one should be clear enough that investing in good altcoins is mandatory as sometimes just investing in low priced coins might not be fruitful as people desire.

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Basorexia
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November 24, 2019, 11:35:29 AM
 #140

I believe that on a permanent basis at least 50% of the funds should be in Bitcoin.
The remaining percents can be tried in trade, but only in pair with the BTC.
Diversification is a good thing, but still I would not invest more than 25% in altcoins, since they are unstable.

It depends on how skillful and lucky enough we in and out with altcoins, trading alts is always good since the price is agile. If the price of a coin is stable there is no way that we can make profit from them. So i think for investment i'll choose bitcoin and for trading i'll choose alts
I agree, but very often the price is simply manipulated.
Skills are needed, I do not argue, but very often altcoins do not lend themselves to any technical analysis and logics.
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