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Author Topic: Altcoins or Bitcoin?  (Read 2103 times)
cryptothreads
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November 17, 2019, 03:53:00 AM
 #21

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
Hold Bitcoin ensures your safety when investing in this market. The value of altcoins is often very volatile and easily collapses if the market turns red. I'm not sure what will happen next but the altcoin season will not happen this year and will take longer than expected. Currently you should only care about the value of Bitcoin because if the coin is not stable, there will not be many opportunities for us.

I always analyze and devise the most appropriate strategy when investing. Sometimes this market still makes me lose but I believe Bitcoin will never lose value because this coin is getting better.
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November 17, 2019, 04:19:50 AM
 #22

Bitcoin is expensive but it should be mandatory to have it. You might want to have like 90 percent of your capital being bought with that even with a high price.
Then you could go Ethereum and maybe Litecoin as next in line.
If you want to go with cheaper coins then there is XRP.
I would stay with those trusted coins rather than risking it with a new one which is so difficult to predict if it can even be pumped.
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November 17, 2019, 04:49:18 AM
 #23

I'll choose bitcoin, well mostly, and a bit of altcoins in hand. It's very risky whichever we choose, but if our portofolio is a 100% alts, it's a lot more dangerous when bitcoin price falls down, alts will suffered the most from the fall. I've never really hold alts for a long term, mostly for a daily-weekly trade. Since the price is very volatile and a bit of news could make the price turn upside down. So it's good to have a bit of profit from time to time. While waiting for bitcoin price to kicks in.

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.
I wouldn't recommend that, if your portofolio is full of cheap altcoins. Indeed if the price increase just a little youll get quite the profit. But what if it's the other way around, I'm certain you'll know what happens next, right!?
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November 17, 2019, 04:56:51 AM
 #24

Splitting your investment can be done when you aren't sure with your portfolio. Buying crypto accompanied by big risk so you should continue doing your research and make sure to maximize the potential benefits.

Buy 80% of your funds with bitcoin and the remaining can be alt or combinations of alts that you see to have big  potential to pump.
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November 17, 2019, 07:07:31 AM
 #25

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 point of view, if i would gonna hold one cryptocurrency that will be bitcoin. My answer is very obvious because bitcoin is the most profitable cryptocurrency that i have invested since i started using it. But if i would hold multiple crypto coin i will put the half of my money in bitcoin while the other half is i will put it in a altcoin that is also profitable and good for long term investment.
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November 17, 2019, 08:00:20 AM
 #26

We often discuss the comparison between altcoins and bitcoin, I understand there may be some newbies who still don't understand.
In determining which is more profitable it depends on the situation and conditions. If conditions like now which the altcoins development
is disappointing, of course a 100% bitcoin portfolio is the right choice to make a profit. But  in the future if the market conditions will recur
as in 2017 then the answer to holding multiple crypto coins is more profitable. Because when in 2017 all the coins, both bitcoin and altcoins,
reach the ATH price, so we will be very profitable can hold multiple crypto coins.

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November 17, 2019, 11:01:29 AM
 #27

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 the current situation, I think we can invest in both altcoin and bitcoin. Now that the market has not recovered, the prices of Bitcoin and ALtcoin are still very cheap, this is a good opportunity for us to buy. I believe that in only 6 months the market will start to grow and the prices of both Bitcoin and Altcoin will be very high. I think we should buy a few altcoins in the top 50 and hold in the long term, this will bring us a lot of money.

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November 17, 2019, 11:43:14 AM
 #28

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 think if i had a chance to buy coins i will buy both bitcoin anf ether. This coins are good to hold for a long term investment. Holding multiple is good for those have big capital that they can buy more bitcoin also ether. Better to hold that two coins altcoin and bitcoin to have a good profit in a future if that both coins go up the price you can get a good profit.
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November 17, 2019, 12:01:33 PM
 #29

I prefer holding on to some altcoin. but if it has to hold one. I will choose Bitcoin. in altcoin I always remember this message "don't put all your eggs in one basket" so I divide my assets into several altcoins, because I believe the difference in increase will make me not confused. because you already have all the coins.
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November 17, 2019, 12:42:56 PM
 #30

Every investor has his or her own strategy. My strategy is to diversify my investments, this way I can avoid losing all my money.
In any case I think we should hold some BTC because BTC is the king of the cryptocurrency market.
This is my portfolio at the moment.
40% BTC
20% ETH
20% LTC
20% BNB


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November 17, 2019, 12:59:51 PM
 #31

Every investor has his or her own strategy. My strategy is to diversify my investments, this way I can avoid losing all my money.
In any case I think we should hold some BTC because BTC is the king of the cryptocurrency market.
This is my portfolio at the moment.
40% BTC
20% ETH
20% LTC
20% BNB

That's a quite balance portofolio but you can add more alts that to invest or something like low volume altsbwith a good potential that will make more profits even it's high risk you could just use less than 10% of your assets to trade or invest on new alts in the market
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November 17, 2019, 01:00:45 PM
 #32

Holding multiple kibd of coin is wise investment but I think if you are small time investor it is hard to produce a multiple capital for a multiple coin. In my own opinion holding pure btc is more practical because all we know the power of btc and also known as the strongest coin here in crypto. I am trusting bitcoin because I am one of many investors who has a huge profit when bitcoin hit in almost $18k. So it possible to happen again.
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November 17, 2019, 01:06:04 PM
 #33

both can have very good potential to be able to grow your assets only altcoin has a higher risk than bitcoin because altcoin has a very large supply but the demand and use is not too much, different from bitcoin which in my opinion still has a guaranteed profit if stored for a long period.

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November 17, 2019, 01:07:19 PM
 #34

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
I also experienced the same thing that is the reason why I just stick with bitcoin but I never underestimate the power of altcoins because I know that there are still some of them that is worth it unlike other coins. It's just that I just learned from my mistake and it makes me hard to trust other coins, i'll also do the same thing because I know that bitcoin can give me a lot of benefits and opportunities in the future. Well you can't also blame me because we have different preferences and sometimes the decision that we are making depends on our past experiences. I'll always prefer to hold bitcoin because I know it's capabilities and potentialities.

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November 17, 2019, 01:42:02 PM
 #35

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
I also experienced the same thing that is the reason why I just stick with bitcoin but I never underestimate the power of altcoins because I know that there are still some of them that is worth it unlike other coins. It's just that I just learned from my mistake and it makes me hard to trust other coins, i'll also do the same thing because I know that bitcoin can give me a lot of benefits and opportunities in the future. Well you can't also blame me because we have different preferences and sometimes the decision that we are making depends on our past experiences. I'll always prefer to hold bitcoin because I know it's capabilities and potentialities.

I encounter this also that's why I always scan on which of them is worth or not but for now I really didn't know on which alt is good since most of them presents a good backgrounds but turn shit in the end and I lost a huge amount of money before since the coins I hold suddenly dump. And also we cannot blame anyone on it's decision since we provably get enough for those sad events and want to stick on the strongest since the probability to earn is so high.

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November 17, 2019, 01:46:22 PM
 #36

for me, 70% bitcoin, and 30% altcoin. the reason I chose this is because bitcoin, in general, has a dominant increase, so I put greater expectations than the altcoin. I also chose altcoin like ethereum, BNB, etc. because it is a popular coin. the potential for the increase can be very high. although it did not become dominant, but I think an increase above 30% has been very profitable.

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November 17, 2019, 02:14:10 PM
 #37

for me, 70% bitcoin, and 30% altcoin. the reason I chose this is because bitcoin, in general, has a dominant increase, so I put greater expectations than the altcoin. I also chose altcoin like ethereum, BNB, etc. because it is a popular coin. the potential for the increase can be very high. although it did not become dominant, but I think an increase above 30% has been very profitable.
Definitely agree! It is good to invest in bitcoin morethan altcoin. Since bitcoin is the market foundation and any fluctuations happening from Bitcoin will inflict to the whole market and most of the time, altcoins follow it. I think it is good somehow to buy altcoins because there are altcoins we can hold for a long term. They might bring us also into a million dollar profits.



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November 17, 2019, 03:12:46 PM
 #38



Bitcoin is the most secure to use. If you have to hold for long term, hold BTC. There are altcoins that is worth holding also, ETH is just one since its the 2nd largest market right now and while they are going to move to POS, you might just try holding some ETH maybe 32ETH for holding and staking because its one way to grow your ETH without risking by trading.

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November 17, 2019, 03:16:30 PM
 #39

for me, 70% bitcoin, and 30% altcoin. the reason I chose this is because bitcoin, in general, has a dominant increase, so I put greater expectations than the altcoin. I also chose altcoin like ethereum, BNB, etc. because it is a popular coin. the potential for the increase can be very high. although it did not become dominant, but I think an increase above 30% has been very profitable.
Definitely agree! It is good to invest in bitcoin morethan altcoin. Since bitcoin is the market foundation and any fluctuations happening from Bitcoin will inflict to the whole market and most of the time, altcoins follow it. I think it is good somehow to buy altcoins because there are altcoins we can hold for a long term. They might bring us also into a million dollar profits.
bitcoin should have big portion in our portofolio cause its value secure enough than altcoin. While crypto market dumping bitcoin could recover faster than altcoin. But if we want to buy altcoin ,better to pick up on top 10 CMC only.or alternatively ,we have to find sleeping giant on market that will give us huge profits,but its difficult to find except we will do deep research and observation in many projects.

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November 17, 2019, 03:24:28 PM
 #40

I like to hodl altcoins because it is cheaper and you can have many of it so that a little move up in price
I hate to tell you this, but that's a common fallacy in investing--in the stock market, novice traders tend to want to own 100 shares of a stock trading at $1 than 1 share of a stock that trades for $100, but obviously the money involved is equivalent.  And when you're talking about altcoins, they're much, much riskier than bitcoin itself is.

As far as OP's question goes, I guess it sort of depends on how much money you're investing, but I definitely wouldn't invest everything in altcoins and I'd always have some bitcoin in your portfolio.  I'm not a huge supporter of altcoins, because I think most of them are really shitcoins, but there are a few good ones that might be worth owning.  But I'd say if you were only talking about $100 or thereabouts, you might spread that around a few of the top altcoins because you might get lucky. 

If you had $1000 or more to invest in crypto, I'd keep the majority of it in bitcoin and wouldn't fool around with shitcoins at all.

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