Altcoins or Bitcoin?

[Gheka]

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?

Many people will choose bitcoin because have stable price and when bitcoin down can back up to higher price, just some people want to invest with altcoin and have big risk when altcoin have lower price need three years later to get back our investment money in altcoin, but have benefit by investing with altcoin because can increase to higher price more than 100%.

The advantage of bitcoin is its durability and outstanding growth after incidents but apparently, the cycle of this process is relatively long, sometimes months, sometimes almost a year, depending on manipulation, our money really won't grow if we don't have too much money and time to buy bitcoin. Altcoins do not have superior parameters and are more risky, but profits will be faster, and unlike you say, many people choose this option, instead of holding bitcoin because the reaction to altcoins is very regular, understanding this rule, our wallet will thicken very quickly

[julius caesar]

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?

For me, Holding one cryptocurrency is not a good idea I rather separate my money or investment in different cryptocurrency than putting it one currency. Maybe the good decision will in a 50% altcoin portfolio and another 50% portfolio be on bitcoin. I always do holding multiple cryptocurrencies and I know it's riskier to invest in one cryptocurrency than separating it. Be a good trader or investor and always make sure that you will not only stick in one currency because there are some good opportunities in other currencies.

[Free1bitco.in]

I'll chose both bitcoin and altcoin but only ETH. For me because it's battle tested despite countless bubbles they're still here, it has proven truly as a safe haven it may fall but the price and the support from its investors are solid. Especially ETH the feature smart contract is a game changer truly an innovation.

so far, I also only held the two coins. but, my assets are more in ethereum now. I believe that at the beginning of the year the price will rise first compared to bitcoin. some people choose binance coins, or litecoin as good altcoin to hold. however, both are quite worth having, but we also need to choose potential altcoins.

[Triffin]

well, i am an altcoin lover, my 90% investment is with altcoin and 10 % in bitcoin but i am long term holder and I have made a decent profit in last few yrs also i will suggest invest only what you can afford to lose.if you can afford to lose then don't invest anything.

It’s about interest of the person that if he wants to earn money from altcoin or from bitcoin  as my first choice is to invest my money in bitcoin as bitcoin has more potential than other altcoin and bitcoin is the mother of altcoins. In case to have attraction For other altcoins I would keep the ratio of 60 percent in bitcoin and 40 in Alt coins.

[Herry Toms]

I think holding only altcoins in your portfolio is not a good decision as a trader because both altcoins are bitcoin is important to diversify your portfolio.  I won't recommend this type of portfolio.

[Aikidoka]

well, i am an altcoin lover, my 90% investment is with altcoin and 10 % in bitcoin but i am long term holder and I have made a decent profit in last few yrs also i will suggest invest only what you can afford to lose.if you can afford to lose then don't invest anything.

It's kinda a little bit rare to find someone who's interested more on altcoins more that bitcoin, like 90% of your investment is with altcoins. I personally prefer bitcoin than altcoins, I invested a lot of bitcoin in either trading or some other things. I usually invest the money that I can afford to lose ofc, It's not guaranteed to win anyway, and everyone should take some risk to make money, that's how it works.

[wxa7115]

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.

This is important, since we are being asked a question about how to invest then we're going to give an answer, however it will be really irresponsible to take the advice of anyone here and follow it 100%, the right approach will be to take all of the responses here with a grain of salt and investigate the few opinions that you think have some merit to it, this will take time but in the process you will learn a lot about the markets and you will be able to choose the right strategy for you.

I know that this approach works because this is what I have done, I read the responses of other people and when I see something interesting I make a research and see if they are right.

[conex]

Really depends on what you are looking for. If you're a strategic longterm investor then buy btc and hold it till it explodes again, really subjective. I prefer 70% BTC and 30%alts: XRP, NWC, XLM...

[jcpone]

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?

For what I am doing so far was I am holding several crypto's on my wallet personally. Because I do believed that doing it was one of the most effective way for me to gain a lot of bitcoin in the future. In a cheapest price amount of the coin it could be multiply for use more x10 or more especially when bulls resume to its original place and time I guess.

[ololajulo]

Altcoins are in a state or season to defend there existence in this space. The successful ones will get themselves rooted irrespective of bitcoin bullrun, this will depend on the real life use case of such coin. After the next bullrun, most of the CEO of those projects would have gone through a cycle in altcoin and have better understanding of the market. I expect them to have enough money in the market as everyone to keep the value of the project all through the bear season.

[HarmonyA]

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 will suggest for you to spread your investment. Yes, Alts is gaining traction but suggesting  the Alts that should be HODL is not ideal. When you multi hold cryptocurrency,  it help you to know the best for long and short term growth. I also understand that some person would prefer holding bitcoin alone, but that would be centralized. Which when the challenges arise, the risk will be magnanimous.
Therefore, I will encourage spreading your investment on multi crypto assets.

[BuNga_cute]

If for current market conditions I recommend 100% bitcoin portfolio is safer and more profitable. Because of the price of altcoins
very bad at the moment, so it is very dangerous if we intend to trade at altcoins. If we see bitcoin becoming more dominant now
that is almost 70% is very good if we buy bitcoin for now. Keep doing regular analysis of bitcoin and altcoin, because with current
conditions price movements can change quickly suddenly. Don't make us wrong make decisions.

[LUCKMCFLY]

I think holding only altcoins in your portfolio is not a good decision as a trader because both altcoins are bitcoin is important to diversify your portfolio.  I won't recommend this type of portfolio.

The altcoins will always depend on the value and movements of Bitcoin, that is why no Altcoin will be able to reach the bitcoin gained ground, when Bitcoin falls in price the altcoins fall very intensely, one way to take advantage of these movements is to make them "Short" by Fall time and get benefits from there, but really using the altcoins as a refuge is not a good idea.

The case of Bitcoin as an investment and refuge is something totally different, the only way it is recommended to buy Altcoins is when there is confirmation that Bitcoin is in bullish trend, because automatically the altcoins rise with great intensity.

[d3nz]

As of today i have over 70% of altcoins holding since take advantage of the bitcoin's price hike and bought a lot of altcoins since i think it will rise their value again maybe by the end of this month,

And i will sell it again once thr vakue of bitcoin start to go up again since were just doing a buy and sell.

[verita1]

In my portfolio, I only manage 20% of BTC and Hold for a while. The rest are altcoins that HOLD while showing some growth. I buy some and also sell them. With the ether, I always do Swap to Bitcoin to send money to my bank account. I love projects that want to simplify all these processes that we live on a daily basis to obtain fiat money or when we want to obtain our local currency through crypto.

[gabmen]

In my portfolio, I only manage 20% of BTC and Hold for a while. The rest are altcoins that HOLD while showing some growth. I buy some and also sell them. With the ether, I always do Swap to Bitcoin to send money to my bank account. I love projects that want to simplify all these processes that we live on a daily basis to obtain fiat money or when we want to obtain our local currency through crypto.

There are a lot of projects that aim to simplify daily transactions. Though at this point, most crypto are just seen as store of value. A lot of people don't really want to spend and move their btcs and alts. I also think that bitcoin has the biggest chance of actually increasing in value the way people want it. Alts like eth would barely have significant increase unless bitcoin moves. So my stash right now would mainly be bitcoins.

[iram3130]

I should have kept everything in Bitcoin but some projects made me fascinated about them and put part of my BTC into them and hodling them all now. Hopefully, they will grow with time and my investments will yield. If there was an option to go back then I would never give away my bitcoin for alts.

[OrangeII]

In my portfolio, I only manage 20% of BTC and Hold for a while.

just a suggestion, but increase the percentage of bitcoin that you have. if halving really causes the price of crypto pumps, all good things will start from bitcoin. too bad if at that time you had bitcoin with a minimal amount.

The rest are altcoins that HOLD while showing some growth.

try to have only potential altcoins such as ethereum, BNB, LTC, BCH, EOS, and other altcoins that have top rank. beyond that, I'm not sure that the price will be high enough in the years to come

DWYOR

[beerlover]

Bitcoin of course, I have always loved bitcoin on a whole different level than all other altcoins. Don't get me wrong there have been amazing altcoins in the past but that doesn't mean that I don't like bitcoin like my own currency. That is the real feeling, I feel like bitcoin is representing me, my fiat doesn't, dollar doesn't, euro doesn't no currency represents me as well as bitcoin does.

Dollar represents the rich companies of USA, euro represents the nations of Europe and maybe a bit of company as well (in Europe economy is for the government, in USA economy is for companies) but bitcoin is nothing like that, I feel like bitcoin is for me. Altcoins are trying to achieve the same thing but I feel like it is not the same at all, they are just too tiny.

[Exidous]

Bitcoin of course, I have always loved bitcoin on a whole different level than all other altcoins. Don't get me wrong there have been amazing altcoins in the past but that doesn't mean that I don't like bitcoin like my own currency. That is the real feeling, I feel like bitcoin is representing me, my fiat doesn't, dollar doesn't, euro doesn't no currency represents me as well as bitcoin does.

Dollar represents the rich companies of USA, euro represents the nations of Europe and maybe a bit of company as well (in Europe economy is for the government, in USA economy is for companies) but bitcoin is nothing like that, I feel like bitcoin is for me. Altcoins are trying to achieve the same thing but I feel like it is not the same at all, they are just too tiny.

Everyone will choose Bitcoin during this time because this is the only coin that brings a sense of security for investors and if long-term investment, you will make a lot of good profits. Currently Bitcoin is stable at $7500 and this is the price you should choose for long-term investment now because the possibility of reaching $10,000 in 2020 will be very high and will definitely help you have a better life.