Altcoins or Bitcoin?

[shedir]

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?

100% bitcoin is not optimal tbh. As the market work in cycle, sometimes it's better to have more bitcoin, and sometimes it's worth to have more alts

[novaprime]

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.

You have to divide the funds appropriately for the current market situation and I think it should only be concerned about Bitcoin because this is the safest option during this time. Of course altcoin investment will be more profitable than Bitcoin but the bear market will only make you face a lot of big risks when investing. I personally only hold Bitcoin and will continue to wait patiently for a while before considering sell.

[hahay]

Basically, bitcoin is very feasible for holding even though the price continues to drop until now, but on the other hand I also still believe in altcoins. So it all depends on which side we look at the prospects of every coin in this industry, because not all individuals apply the same concept about choice to holding long term on their portfolio.

[wxa7115]

I would go for a diversified portfolio, but baised towards Bitcoin. I would only allot small percentage of my funds to altcoins and not just any altcoin that is too speculative, but only those who serves true purpose such as XRP and ETH. Other than then, mostly all of them are shitcoins and cannot expect more into them. Then I'd go for Bitcoin especially when the price dips and I don't expect it to go lower anymore.

I always see people saying that diversification is a way to protect your portfolio and it isn't true, if you had invested all your money in bitcoin not only you will have made more money than if you had invested all your money in altcoins the risk will be many times lower as well, then I ask myself what is the point of buying a bunch of assets that are not going to grow as fast as bitcoin and that are only going to add more risk to your portfolio?

If you truly want to diversify your portfolio then you need to invest in something other than cryptocurrencies, you can choose stocks, precious metals, government bonds, invest in a business, create your own business or do whatever you want.

Seperate investment in many altcoins is lowering the risk of get rekt because we don't know which coin will get much price drop and never comeback so holding just one coin in portofolio is a risky decission. And also diversify to other investment like you mentioned is something else, it cannot be qualify as the same context on this thread.

Not if the coin in which you are investing is bitcoin, in the case the price of bitcoin begins to crash what do you think it will happen? Exactly what you are seeing right now in the market, the rest of the coins will begin to crash as well, even if during some periods of time coins move with some degree of independence altcoins by being so similar to bitcoin and by the huge dominance of bitcoin has over this market move in a very similar way.

When you see this there is not much of a point to hold altcoins if what you are trying to do is to diversify your portfolio to protect yourself from the volatility of this market.

[Visbay]

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.

That’s right we should choose both the bitcoin and the altcoins as well because there are so many coins that make a huge amount of profit for investors. Nowadays my first choice is to invest money in only three coins and they are bitcoin 70 percent, ETH  20 percent, and Ripple 10 percent. So I like to have these three coins in my portfolio.

[kro55]

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 always support a diverse portfolio having multiple coins. I will invest more in BTC because of its dominance but I will spare some cash for alt coins (good one)  like ethereum, EOS, neo etc.

[enhu]

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 always support a diverse portfolio having multiple coins. I will invest more in BTC because of its dominance but I will spare some cash for alt coins (good one)  like ethereum, EOS, neo etc.

NEO are good to hold is one of the coin worth holding because it sends out GAS tokens for holders. I have been holding mine for years already and continue to receive still. EOS is cheap right now and have good potential to compete the platforms these days.

I'm mostly holding altcoins but just few BTC in my holdings, probably just 20% of my coins are BTC and these are just the ones I trade, the altcoins remain on my wallet.

[bitbunnny]

I would always choose Bitcoin. For me this is the best investment and although there are some prosperous altcoins like Ethereum,Bitcoin is still the most profitable and with best perspective for the future.
To my opinion too many altcoins appear almost on a daily basis, most of them expecting to be competition to Bitcoin but many of them are just the waist of time and resources.

[strunberg]

I would always choose Bitcoin. For me this is the best investment and although there are some prosperous altcoins like Ethereum,Bitcoin is still the most profitable and with best perspective for the future.
To my opinion too many altcoins appear almost on a daily basis, most of them expecting to be competition to Bitcoin but many of them are just the waist of time and resources.

whatever happen in cryptocurrency market , bitcoin will be most collected coins. if another coins price influenced by bitcoin , it could moved its own direction without influenced by other coins price. so its very independence and very save to buy. another coins in my opinion it just projects to collect money from investors. they didnt really build usefull projects.

[rmhuntley]

If I am more confident holding Bitcoin, such as for altcoins like BCH, ETH, LTC, BNB I play daily trading. If for Bitcoin I hold it continuously until the price rises higher forward.

[barota]

in my opinion ; invest everything in bitcoin better than mixing portfolio with altcoins ; the percentage of dominance bitcoin will rise to over 90 in the future because of etf . there prices of bitcoin and popularity will grow more than current ; most of icos are not legit too people will transfer their investment to bitcoin by the time

[ttcsalam]

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 the price of BTC will now be as low as like 2018 year. so if it goes to 4000 $ then something can be bought and hold. I can tell from my experience that BTC prices are low so now Altar coins can be hold. But there must be good quality coins.

[Barbut]

Since anything is possible in crypto space, I will go for multiple holding wherein 70% in Bitcoin and 30% in altcoins. It is given that majority of us are trusting Bitcoin but we never knew what can happen in the future so for me it's still good to hold some strong altcoin to maximize my investment in the long run.

That's ok, 70% in Bitcoin and 30% in altcoins. I'm for diversification, never hold all your eggs in one basket. Diversifying is good for safety, safety is always important. There is one more good reason for diversifying, some of the altcoins have a promising future, and in time they can make a higher profit for you. Two good reasons to have a portfolio with Bitcoin and some strong altcoins.

It does not really need us to keep Bitcoin alone for we haven't an assurance. Bitcoin will always be trusted but somehow we need to take some precautions and taking some options to altcoins. I actually doing this since before and it is quite safe. But of course, we take consideration also when investing altcoin, we have to invest only those who have potentials otherwise, you are just throwing your money. 

We need to risk! That sounds much better. We can't predict the future, we need to risk if we wish to gain some higher profit. There is no assurance, I agree, even for Bitcoin! Every cryptocurrency is a risky investment, and more risk sometimes means more possible profit after some time. We all have some good picks among altcoins, that we believe in the long term, and that's a good thing, we need to support projects  if we wish them to see on top, every project is strong only with a strong community!

[conex]

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

[Raflesia]

I would always choose Bitcoin. For me this is the best investment and although there are some prosperous altcoins like Ethereum,Bitcoin is still the most profitable and with best perspective for the future.
To my opinion too many altcoins appear almost on a daily basis, most of them expecting to be competition to Bitcoin but many of them are just the waist of time and resources.

Yes, I think bitcoin will be a top priority in investing because indeed big people will choose bitcoin as the best investment and even many millions of dollar transactions in bitcoin,
Now as it is right to invest, the price is already low because there will be an increase in the next few weeks, I believe it is because bitcoin prices will not be this low.

[SvonioneFromMangoCoinz]

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 a trader so when I see any good signal, I will buy and hold that coin within a few days then sell it at a better price. For me, in the crypto market there should be no portfolio. Because long-term holdings in coins that only know investors' money and run away are a lot. Better yet, never invest and hold long-term bitcoin or top alts, it's all a scam business. and this is just my personal opinion, if something goes wrong please let me know what is wrong with me. thanks.

[Vertex_ICO]

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'm not a Bitcoin Evangelist, but at this point in time I'd probably hodl all Bitcoin. Given the choice though, I'd rather hodl multiple coins and keep a diverse portfolio - it just makes more sense.

[Farma]

in my opinion ; invest everything in bitcoin better than mixing portfolio with altcoins ; the percentage of dominance bitcoin will rise to over 90 in the future because of etf . there prices of bitcoin and popularity will grow more than current ; most of icos are not legit too people will transfer their investment to bitcoin by the time

in general, people will definitely think like that. owning bitcoin is enough to hold it now. but sometimes people don't want to keep everything in one asset, or in one basket. however, we don't know in the future, there is altcoin which can have very high potential and is more profitable than we hold bitcoin. so far, I have only thought to hold bitcoin, ethereum, and binance coins. those are coins that I think will have a high price in the future, and the percentage will be more in bitcoin.

[Taskford]

in my opinion ; invest everything in bitcoin better than mixing portfolio with altcoins ; the percentage of dominance bitcoin will rise to over 90 in the future because of etf . there prices of bitcoin and popularity will grow more than current ; most of icos are not legit too people will transfer their investment to bitcoin by the time

in general, people will definitely think like that. owning bitcoin is enough to hold it now. but sometimes people don't want to keep everything in one asset, or in one basket. however, we don't know in the future, there is altcoin which can have very high potential and is more profitable than we hold bitcoin. so far, I have only thought to hold bitcoin, ethereum, and binance coins. those are coins that I think will have a high price in the future, and the percentage will be more in bitcoin.

I'm one of those person who are not satisfied to hold 1 investment option since I really believe that having an alternative option is more greater since we can earn more with this especially if we are wise and choose the best among those alts listed on the market and maybe for this current market  condition it's best to stay on the top alts since this is a safety net for the investors and has high provability to pump in future.

[bettercrypto]

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

Skills and lucky aren't enough to be profitable in trading. Picking the nice coin whether alts or btc in a perfect time can lead us to money. Eventhough you have skills but your investment didn't fluctuate, its useless. Therefore, we just not depend in skills and lucky. Sometimes, we must buy coins depending on its capability to grow.