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Author Topic: Altcoins or Bitcoin?  (Read 2167 times)
conex
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November 18, 2019, 03:51:33 PM
 #61

Never put all the eggs in the same basket. Would recommend to 75%BTC and 25% Alts which are at the top 50 on cmc. Be sure to investigate the alts thoroughly before investing in them. My portfolio: BTC, XLM, XRP, NEO, NWC...
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November 19, 2019, 10:07:58 AM
 #62

Please, it's hard to compare any alt to Bitcoin. Bitcoin is a master of all cryptocurrencies, that's obvious. Of course it doesn't mean that alts aren't profitable at all, but these are denitely less probitable than BTC.
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November 19, 2019, 10:51:01 AM
 #63

Of course, Bitcoin is better than altcoin, but if you have big capital it's not problems to invest in Altcoin too. But be careful in choosing Altcoin. I personally no longer recommend ETH because I am more interested in BNB. I'm sure many people want to invest in Bitcoin/Altcoin because Halving rumors are getting closer.

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November 19, 2019, 02:06:08 PM
 #64

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?
Why to stick with bitcoin? There is no need of that. For profit purposes, stick with what's profitable for you and in what you see a bright future. Some people can't look beside bitcoin and others prefer mixture.
It's not like I say bitcoin and others agree with me and then you decide that oh yes, bitcoin is great and I'll stick with it.
Do personal analyzes of bitcoin and altcoins which you consider worthy, read news around them, see if there is anything planned which can affect price of  any of them (for example ethereum was supposed to be asic resistance but bitmain announced asic miners for it).
Also decide how much can you handle, will you have time to invest in 4 altcoin and take care of this investment? Will it affect your job (if any)? Will you be capable of reading news around them? Remember, try to catch good moments, not all of them.

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November 19, 2019, 03:02:27 PM
 #65

DYOR, weigh the risks and make a balanced portfolio that consists of multiple things, not only BTC and alts, but also maybe stocks and precious metals.
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November 19, 2019, 03:20:18 PM
 #66

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 your goal is want to earn more profit every time you invest all of your coins, I think it depends on the market price or the cryptocurrency because sometimes when the bitcoin rise, the altcoins go up too. Still, in terms of transactions fee, bitcoin has more charges than the other coins because it is the most profitable coin today. And If I will choose between the altcoin and bitcoin, I prefer the investment in bitcoin because it has the top price of all the coins, and after that, I will use the altcoins for trading to lessen the transaction fees.

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November 19, 2019, 03:45:56 PM
 #67

DYOR, weigh the risks and make a balanced portfolio that consists of multiple things, not only BTC and alts, but also maybe stocks and precious metals.
I guess OP doesn't experience how risky the cryptocurrency is without taking too much precaution when investing a single cryptocurrency. Either 100% bitcoin or altcoin portfolio none of them would matter if one will have a recession you can't do anything for your investment if that's going to happen. Although bitcoin might give you a chance but it would still be better if you do hold more crypto in your portfolio so you can diversify if things go sideways.

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November 19, 2019, 09:15:44 PM
 #68

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?
If some ody is holding a single crypto such person will definitely miss out the benefit and opportunities which the other crypto provide.

A 100% altcoin portfolio?
Altcoin market are highly manipulated and not totally secure in term of investment cause the decision of arbitrage traders determine is price status.

Or a 100% bitcoin portfolio?
Bitcoin it a good investment but investing it all in a crypto is naive act.

Or do you support holding multiple crypto coin holding?
I support holding of multiple crypto currency but the holder or investors need to have good experience in managing multiple coin.

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November 19, 2019, 10:46:00 PM
 #69

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?

You need to conduct your own research about this as statements here are purely based on people's different views and preferences. You might see others having a good run on a certain strategy but it doesn't mean you will have the same result.

Diversifying is always an option but why others still don't see it as an effective way? That's because our strategies vary at each other. Some became a success at diversifying and some are not.

Try to know what fits you.

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November 20, 2019, 07:20:47 AM
 #70

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.

Based on my own understanding, bitcoin is greater than altcoins so i will choose 100% bitcoin to manipulate. Holding multiple cryptocurrency is very hassle and stressful. And some of the altcoins are not certain and is growing slowly such that the bitcoin is more dominant and will become more worth it to hold.

Majority of the people chose bitcoin because it is so obvious that bitcoin is much essential and popular.


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November 20, 2019, 08:19:13 AM
 #71

look at some of the posts above, 90% of holders chose bitcoin to be held in the long run compared to the altcoin. although like that, they chose bitcoin but still hold other altcoins like ethereum, binance coin, litecoin, and others. if this is only between two choices, then more people hold bitcoin on the grounds of technological developments, halving, dominance, and others. however, I also prefer bitcoin over altcoin for now.

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November 20, 2019, 08:39:56 AM
 #72

As for me, holding both top coins and Bitcoins will always be profitable. If I were to hold coins, I will prefer holding both Bitcoins and altcoins like ETH, XRP and BCH but of course, I would accumulate more percentage of Bitcoins. We all know that holding Bitcoin would always provide us with good assurance of gaining a good profit in time. Bitcoin and other cryptocurrencies are volatile but if we'll choose to hold coins with a good foundation, we'll never have any regret of losing in the future.
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November 20, 2019, 08:42:36 AM
 #73

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.

Based on my own understanding, bitcoin is greater than altcoins so i will choose 100% bitcoin to manipulate. Holding multiple cryptocurrency is very hassle and stressful. And some of the altcoins are not certain and is growing slowly such that the bitcoin is more dominant and will become more worth it to hold.

Majority of the people chose bitcoin because it is so obvious that bitcoin is much essential and popular.


Bitcoin is best option if people not want to speculate much in a coins. And every strategy must need research first if want to invest either in bitcoin or other altcoin. But i am agree with you if not want to think more, i mean like do very deep research or maybe afraid to lose more in altcoin, move 100% assets to bitcoin is a good idea.

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November 20, 2019, 10:43:29 AM
 #74

DYOR, weigh the risks and make a balanced portfolio that consists of multiple things, not only BTC and alts, but also maybe stocks and precious metals.
You could be right mate an investor must contain all these things in his portfolio as it gives profit from time to time but I personally think that instead of investing in so many things we should simply invest in bitcoin as it has so much ability to get you good income. In the case of Altcoins, I like to have ETH  and ripple otherwise I will only invest in bitcoin.
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November 20, 2019, 01:12:50 PM
 #75

Of course, Bitcoin is better than altcoin, but if you have big capital it's not problems to invest in Altcoin too. But be careful in choosing Altcoin. I personally no longer recommend ETH because I am more interested in BNB. I'm sure many people want to invest in Bitcoin/Altcoin because Halving rumors are getting closer.
I only partially agree with your opinion, that bitcoin is really better than altcoin when the value and support of the community has persisted for a long time but this cannot be the main reason for us to invest in it and ignore altcoins, this market is not just about bitcoin, altcoin is still a factor for everything to work. And every season is a favorite, sometimes bitcoin will win but sometimes altcoins will work better, so what we need to do is to switch and be flexible between the two options, noting the trend that the market is focusing on to create the best volume of profit.

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November 20, 2019, 01:27:52 PM
 #76

DYOR, weigh the risks and make a balanced portfolio that consists of multiple things, not only BTC and alts, but also maybe stocks and precious metals.
You could be right mate an investor must contain all these things in his portfolio as it gives profit from time to time but I personally think that instead of investing in so many things we should simply invest in bitcoin as it has so much ability to get you good income. In the case of Altcoins, I like to have ETH  and ripple otherwise I will only invest in bitcoin.

I don't need to choose, as they differ in aspect and how they should be treated, we all know that Bitcoin is for long term and altcoins can be widely used too just like Ethereum and some other altcoins, so for me, we don't need to compare things, we should just know what should we prefer, short term or long term, then we must be ready and check those coins/tokens which is the best.

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November 20, 2019, 01:48:20 PM
 #77

If I newbie I'll choose bitcoin to store my all money that aimed for investing. I won't ever look any altcoin although there are a lot of people who suggest that the altcoin is promising.

But most newbie now when they come to invest in cryptocurrency will find a coins which still have a low value and use their fomo without any know the future of the coins itself. Even, they didn't know to differentiate scam coin, legit coin and shit coin.

As a result they will get a huge loses and even all their money just gone away. If so, the dangerous thing is they won't back again and made a false information who deflating cryptocurrency as a whole. So, I'll choose bitcoin first to spend my money because which I feel so far I really comfortable although there was a crash price came.
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November 20, 2019, 02:33:59 PM
 #78

As for me, holding both top coins and Bitcoins will always be profitable. If I were to hold coins, I will prefer holding both Bitcoins and altcoins like ETH, XRP and BCH but of course, I would accumulate more percentage of Bitcoins. We all know that holding Bitcoin would always provide us with good assurance of gaining a good profit in time. Bitcoin and other cryptocurrencies are volatile but if we'll choose to hold coins with a good foundation, we'll never have any regret of losing in the future.

Choosing for both side are good, we are having a good future for it. but in time will come bitcoin is still worth it or altcoins will gonna surpass? so for now I am not 100% choose any one of them because I earn in both sides. I have profit also. for now we can't predict whether bitcoin or altcoins will lifted because everytime that bitcoin is up altcoins are following. so basically, altcoins is overflowing of profit. so for me now... I choose both side and accumulate as long as I can. market is mutable so we can decide what we want.

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November 20, 2019, 03:45:33 PM
 #79

As for me, holding both top coins and Bitcoins will always be profitable. If I were to hold coins, I will prefer holding both Bitcoins and altcoins like ETH, XRP and BCH but of course, I would accumulate more percentage of Bitcoins. We all know that holding Bitcoin would always provide us with good assurance of gaining a good profit in time. Bitcoin and other cryptocurrencies are volatile but if we'll choose to hold coins with a good foundation, we'll never have any regret of losing in the future.

Choosing for both side are good, we are having a good future for it. but in time will come bitcoin is still worth it or altcoins will gonna surpass? so for now I am not 100% choose any one of them because I earn in both sides. I have profit also. for now we can't predict whether bitcoin or altcoins will lifted because everytime that bitcoin is up altcoins are following. so basically, altcoins is overflowing of profit. so for me now... I choose both side and accumulate as long as I can. market is mutable so we can decide what we want.
Yes, I will also choose both because they can be profitable and will be better for long-term investment because the current market is difficult to predict.
and I will prioritize bitcoin because it will be more profitable than altcoin, and the altcoin that I choose is Ethereum and Litecoin which I have trusted for a long time and always provide good profits as long as I have them.


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November 20, 2019, 03:51:02 PM
 #80

If I newbie I'll choose bitcoin to store my all money that aimed for investing. I won't ever look any altcoin although there are a lot of people who suggest that the altcoin is promising.

But most newbie now when they come to invest in cryptocurrency will find a coins which still have a low value and use their fomo without any know the future of the coins itself. Even, they didn't know to differentiate scam coin, legit coin and shit coin.

As a result they will get a huge loses and even all their money just gone away. If so, the dangerous thing is they won't back again and made a false information who deflating cryptocurrency as a whole. So, I'll choose bitcoin first to spend my money because which I feel so far I really comfortable although there was a crash price came.

I think the same, Bitcoin is undoubtedly the best option, there are many altcooins that if they claim to be promising, but for investment, Bitcoin is better, because it gives benefits in a short time, when compared to the stock market, the Investment movements give profit to the 8 or 10 years, however Bitcoin due to volatility their movements are usually in less time, the bitcoin accumulation stage the first of Bitcoin was from 2014-2017, when comparing 3 years the wait is not much, now Bitcoin At the moment, according to Wyckoff's theory, the accumulation stage has already passed, and this indicates that the market is in the bullish stage, but a possible re-accumulation stage cannot be ruled out, everything is possible and valid, therefore The best in investment is and Bitcoin will always be a thousand times better.

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