Altcoins or Bitcoin?

[gospelzm]

My current portfolio is 65% Bitcoin and 35% alts... Cannot choose one and not sure it would make much sense.

Depending on alts position and $BTC price, I buy more Bitcoin when it's possible.

Patience is the key.

[cryptothreads]

My current portfolio is 65% Bitcoin and 35% alts... Cannot choose one and not sure it would make much sense.

Depending on alts position and $BTC price, I buy more Bitcoin when it's possible.

Patience is the key.

I think dividing the capital is essential during this time and your options are very good in the long run. Bitcoin should now be held more because the coin is the king of the market and any fluctuations of Bitcoin will directly affect the current market. However, you should only spend 20% to invest altcoin and only choose the coins in the top 30 to minimize risk.

One way or another, you need to manage your assets better and trust only yourself when investing because so much bad news is affecting your psychology.

[romero121]

Having a portfolio that has diversified assets seems to be more stronger than just having a single asset. Investing on few altcoins or bitcoin alone too gives profit, but to tackle or withstand market conditions diversified portfolio is best. Always a portfolio should have bitcoin, and rest of the altcoins based on one's own plan.

There are altcoins that give bigger profit than bitcoin, but to be successful in choosing the right altcoins is not easy. This happens on luck and on observation about the market of respective altcoins. Most of the time bitcoin's growth pattern will be followed by rest of the altcoins. Sometimes this changes, by that time the altcoins help in earning big.

[nicolas1979]

I'll choose bitcoin as primary income, whatever my strategy bitcoin always become the right answer. Piramida money management already prepare for the worst and cut loss point never use long range, very simple but of course patience is the key. If someone suggest ETH/ LTC/ BCH I only can accept as private opinion, so good luck for them.

[Vitalicus]

I'll choose bitcoin as primary income, whatever my strategy bitcoin always become the right answer. Piramida money management already prepare for the worst and cut loss point never use long range, very simple but of course patience is the key. If someone suggest ETH/ LTC/ BCH I only can accept as private opinion, so good luck for them.

Of course, I will also spend more than half of my assets investing in Bitcoin because I only trust this coin in the long term and the potential for this coin appreciation is huge. Currently, Bitcoin price is stable at $7000 and this is a very safe option for all investors. However, it is also necessary to monitor the volatility of this market because if the downtrend continues, Bitcoin may drop further in the near future.

[AnnikeSky]

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 investors advise diversifying the portfolio. I am inclined to believe that this strategy is one of the best. In what ratio and percentage to create a portfolio you decide, as many offer various options. It should also be noted that it depends on your goals. For example, whether you want to risk and earn more or have a relatively stable income with less risk. Do not wait for ready-made solutions for you. You will have to personally draw up your action plan. In one thing, I’m sure for sure that you need to remove BCH from the future portfolio. 100%. Why is that? Just read the reviews - https://revain.org/projects/bitcoin-cash. Better to see it once than to hear it 100 times.

[jostorres]

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?

There Is nothing wrong with diversifying your portfolio, it's good. You shouldn't be relying just on one bitcoin. But if I'm to choose only one Bitcoin I would choose Bitcoin. Bitcoin has always been a good investment for me, majority of the people that are into cryptocurrency prefers to invest their money Bitcoin because they see Bitcoin as the real cryptocurrency.

As for altcoins, before I invest my money in altcoins I always make sure that the alt coin I'm investing in is a good one, I do proper research before choosing. I don't go for new tokens, I prefer bigger ones that are already well established - coins like Ethereum, Litecoin (LTC), Zcash, Binance Coin, NEO, and other top coins in the market. There are times Bitcoin will fall but these coins will go up, though that hardly happens.

[Maslate]

I'll choose bitcoin as primary income, whatever my strategy bitcoin always become the right answer. Piramida money management already prepare for the worst and cut loss point never use long range, very simple but of course patience is the key. If someone suggest ETH/ LTC/ BCH I only can accept as private opinion, so good luck for them.

Yes. There should always be more of bitcoin in our portfolio because it's still the most  profitable compared to other altcoins. But diversifying our portfolio with bitcoin and altcoins is also a good suggestion but we should know where to invest more of our money to avoid big loss in the end.

[juperos]

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.

As you say, if you are a safe and low-risk person, invest 100% in bitcoin, and if you are high risk and big reward put your money in altcoin, depending on the benefit. The profit you want and the risk you can bear, in the altcoin market is often unstable so you need to watch closely and focus, for me, I will choose both, one for the long term and one for the short term.

[wxa7115]

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.

As you say, if you are a safe and low-risk person, invest 100% in bitcoin, and if you are high risk and big reward put your money in altcoin, depending on the benefit. The profit you want and the risk you can bear, in the altcoin market is often unstable so you need to watch closely and focus, for me, I will choose both, one for the long term and one for the short term.

While what you are saying is right, many traders do not really have an idea about how to calculate their risk and in such cases it is always better to play it safe and take the lesser of the two different risks, in this case that will be to invest everything in bitcoin because as we know bitcoin is by far the best and most solid coin in the market that no matter what happens it is never going to disappear unlike the majority of altcoins.

Some investors may believe that this strategy is simply too conservative for their tastes but whenever you are investing it is better to take the more conservative approach first and then once you gain experience you can take more risks.

[Capt00]

I'll choose bitcoin as primary income, whatever my strategy bitcoin always become the right answer. Piramida money management already prepare for the worst and cut loss point never use long range, very simple but of course patience is the key. If someone suggest ETH/ LTC/ BCH I only can accept as private opinion, so good luck for them.

I love to see how patients keep rolling. People would always prefer for investing and holding bitcoin alone rather than to take the risk with altcoins. We have those options but if we think wisely, we can simply point out that Bitcoin is more profitable and that is actually the advantage over altcoins. But for sometimes we also take a look tp altcoins as we also know that some of them still consider good coins to buy just like ETH, BNB and the rest of the top 5 altcoins.

[Lorence.xD]

I'll choose bitcoin as primary income, whatever my strategy bitcoin always become the right answer. Piramida money management already prepare for the worst and cut loss point never use long range, very simple but of course patience is the key. If someone suggest ETH/ LTC/ BCH I only can accept as private opinion, so good luck for them.

I love to see how patients keep rolling. People would always prefer for investing and holding bitcoin alone rather than to take the risk with altcoins. We have those options but if we think wisely, we can simply point out that Bitcoin is more profitable and that is actually the advantage over altcoins. But for sometimes we also take a look tp altcoins as we also know that some of them still consider good coins to buy just like ETH, BNB and the rest of the top 5 altcoins.

If you choose for a good investment, I think to go for the bitcoin. Bitcoin is the most profitable cryptocurrency coin today. But you cannot earn immediately you must invest a lot of money and take all of your time to secure you will not lose any profit. There are a lot of possible income using cryptocurrency you can gambling if you love playing games, but you will wage your coins or trading just waiting for the time when the price of the coins goes up.
If you want to play safe, don't risk any money better to invest in altcoins because not all the time the price has a huge difference than the bitcoin, It is safe and better for short term holding.

[Mumbeeptind1963]

70% BTC and 30% alts that's my best guess. My favourite alts which i'm not giving away anytime soon: XLM, XRP, NEO, NWC

This is what I am doing right now too, most of my money are invested in bitcoin, because even you do not do anything with bitcoin, still it will have a profit on it, even though you did not do anything but just holding it for long term investment. But holding it for so long is risky too. And maybe like you 30% will be allocated to my altcoin. It is really good to have an investment in both of it, because when bitcoin pumps , altcoins pumps as well specially those top coins.

[EdenHazard]

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.

As you say, if you are a safe and low-risk person, invest 100% in bitcoin, and if you are high risk and big reward put your money in altcoin, depending on the benefit. The profit you want and the risk you can bear, in the altcoin market is often unstable so you need to watch closely and focus, for me, I will choose both, one for the long term and one for the short term.

Both bitcoin and altcoins are very high risk investment, if you looking for super duper mega ultra double extra safe then you should go for property investment .
But first of all op you should never ask for financial advice here, there's a lot of people randomly giving thoughts around, take this discussion as a consideration but never pick it 100% .

Always making plan B if your investment went wrong, don't put your money in a single investment that's the fatal mistake made by newcomers and educate yourself to manage money properly, that's all the basic instruments that every investor/hodler should have.

[whtchocla7e]

I don't think Altcoins will gain a higher market share than Bitcoin. Although Altcoin has many technologies and applications in practice. However, choosing altcoin to replace BTC is a long way. BTC alone has fought nearly 70% of market capitalization.

[skiorf]

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?

it would be nice if you are a Holder, you hold both Bitcoin and Altcoin because that way you will get a double benefit from what you hold if both have gone up. but have to be patient when the price starts to fall or you buy more to hold.

[Wysi]

I don't think Altcoins will gain a higher market share than Bitcoin. Although Altcoin has many technologies and applications in practice. However, choosing altcoin to replace BTC is a long way. BTC alone has fought nearly 70% of market capitalization.

Bitcoin will always dominate the crypto market and even I have more bitcoin than other altcoins together in my wallet but we cannot deny the fact that altcoins have more features and new technologies which can be used in real world and altcoins beat bitcoin in terms of technologies and features so I think altcoin will be adopted more by start ups in the future but still altcoin cannot dominate crypto market.

[cosmofly]

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 usually trade and hold according to different types of trends. such as when there are any events or fluctuations that benefit bitcoin, I will hold bitcoin or vice versa. At the moment, I know the halving event and the downward trend are being broken by the green candles in recent days. That motivated me to buy and hold until June 2020. I believe this time around bitcoin will have greater volatility than historical halving events.

[hahay]

Well, when you decide to hold long-term, it seems impossible that you only make a portfolio with one type of crypto, because after all having a more diverse portfolio will be much better still with a note just to hold popular coins. You realize that altcoins are slowly getting better and when altcoins are getting better then of course all the crypto will have good potential in the future, so there is no harm in holding altcoins and bitcoin together.

[Japinat]

A 100% altcoin portfolio? Or a 100% bitcoin portfolio?

NO

Or do you support holding multiple crypto coin holding?

YES, because that's the way hope to minimize the risk, it's called diversification, if I hold full BTC prior to the correction, I might get so frustrated now, but good thing I have some altcoins which the team are still working and active, so even if price fell, it still makes me optimistic that one day altcoin season will take place.