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Author Topic: Altcoins or Bitcoin?  (Read 2099 times)
notthematrix
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December 13, 2019, 02:40:16 PM
 #261

Safer to trade altcoins, I don't think you'd have the skills to trade bitcoin, hard to predict for anyone.

The plan is the same for every crypto trader, accumulation biitcoins with good potentiel altcoins
actually it's true, some traders only use btc as a pair trading, i even rarely active with btc / usdt. My strategy is almost similar, continuing to accumulate and only making large withdrawals 2-3x a year. The price of altcoin in satoshi which is smaller and more affordable makes the percentage of profit easier to obtain, and also faster when anticipating losses.


Yes, you take the example of Matic, you get a 500% profit in BTC just by holding it , if you had just traded the bitcoin instead, even trading good, you'd have made a 50% at most being the best trader and taking a lot of risks.
It is just not worth it to trade with bitcoins unless you already have a huge amount of bitcoins.

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December 13, 2019, 07:14:27 PM
 #262

Safer to trade altcoins, I don't think you'd have the skills to trade bitcoin, hard to predict for anyone.

The plan is the same for every crypto trader, accumulation biitcoins with good potentiel altcoins
I do not understand why you think that trading altcoins is somewhat safer than trading bitcoin, altcoins have lower volume, a smaller user base, they are not used for anything other than speculating with them and they are even more volatile, in my opinion you have it backwards, you need at first to try to trade bitcoin and if you are unable to get profits in the bitcoin market then it is going to be impossible for you to get them in the altcoin market which is even more difficult to trade.

Some may say that is a good idea to invest in icos or ieos but those coins are even more difficult to predict because you do not really know what you're going to get.
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December 13, 2019, 10:02:33 PM
 #263

can't choose one because it's obvious I'm currently holding bitcoin and altcoin. and the answers of the people here also definitely choose to do both. okay, cheap altcoin can be bought in large quantities but if bitcoin continues to fall, it is useless to hold altcoin. it's safer to hold bitcoin but it will definitely feel something is lacking to hold, so buy altcoin to hold. if you can trade, it is better than doing long term hold.
Agree, and we assume we will buy more altcoins for reasons of lower prices and also for long-term hold, but when the situation is unpredictable and many other factors that always appear everywhere about the concerns of altcoins themselves, then at finally we will always convert all altcoins to bitcoin, and until finally we will only choose one option in the portfolio for long-term hold is bitcoin. So clearly, although we can choose both, but the main thing is bitcoin because there is no doubt whatsoever to hold bitcoin.

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December 14, 2019, 11:00:39 AM
 #264

can't choose one because it's obvious I'm currently holding bitcoin and altcoin. and the answers of the people here also definitely choose to do both. okay, cheap altcoin can be bought in large quantities but if bitcoin continues to fall, it is useless to hold altcoin. it's safer to hold bitcoin but it will definitely feel something is lacking to hold, so buy altcoin to hold. if you can trade, it is better than doing long term hold.
All successful traders or crypto holders are seen utilizing both altcoins and bitcoin in order not to miss any opportunity of making good money. there is no doubt that bitcoin is the leading force and altcoins follow its trends but altcoins are good for day trading and making small profits on daily basis whereas bitcoin is used for collecting large money after some good time of holding.
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December 16, 2019, 12:26:50 PM
 #265

There's even a saying that dont put all of your eggs in one basket which means that you shouldn't be choosing one among thousands of choices.. Holding more cryptocurrencies are much better than just hodling bitcoin or whatever altcoin it is.. Traders earned a lot from holding different cryptocurrencies,every cryptocurrency has its own use case which you can stake, mine or just trade for everyday..  If you are into profits, I highly recommend to you one of my investment which is in by bag also it has a ticker BTM. Bytom is actually underrated in the market maybe because when you are looking for its usecase or technical aspect, people starts to have confusion because of its triple-layer approach to blockchain-distributed applications.. You can mine it, it might look that its not a small investment but its all worth it once you earned from it already. If you want to invest or put some Bytom on your bags, I saw that it has a new exchange called atomars.. You can try on that one because they do have free trading fee which will saves you some..
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December 16, 2019, 04:08:41 PM
 #266

Well, if Bitcoin's price is high, other cryptocurrencies are profitable too. So, now it's great time to buy and hold and when btc will rise, altcoins will rise too. Of course, it's hard to compare some of them to btc but it doesn't mean that they are not promising at all. I've been wondering about buying IOTA, because it will be available on CoinDeal soon. What do you think about this coin?

In fact, you are reasoning correctly. I agree with you that need to buy altcoins when they have fallen in price, as it is now. It will be a good bargain, if in the future there will be a increase in prices. But the problem is that no one knows which altcoin will be profitable. In principle, people respond well to IOTA and have good ratings: https://revain.org/projects/iota. But my personal opinion is that I don't believe in the future of this coin. I would prefer Bitcoin. But here is the problem. It is now quite expensive. Now, if the book was worth 10 times cheaper...
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December 16, 2019, 08:34:07 PM
 #267

can't choose one because it's obvious I'm currently holding bitcoin and altcoin. and the answers of the people here also definitely choose to do both. okay, cheap altcoin can be bought in large quantities but if bitcoin continues to fall, it is useless to hold altcoin. it's safer to hold bitcoin but it will definitely feel something is lacking to hold, so buy altcoin to hold. if you can trade, it is better than doing long term hold.
All successful traders or crypto holders are seen utilizing both altcoins and bitcoin in order not to miss any opportunity of making good money. there is no doubt that bitcoin is the leading force and altcoins follow its trends but altcoins are good for day trading and making small profits on daily basis whereas bitcoin is used for collecting large money after some good time of holding.
Yeah, we can hold both at the same time as bitcoin and altcoins are now a day very profitable so we should take advantages to buy some altcoins like ETH and Ripple to store and spend 30 percent of your salary for it and buy coins with 50 percent so you can keep 20 percent for you daily needs so I want to say it’s better to keep both bitcoin and altcoins.
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December 17, 2019, 12:43:06 PM
 #268

As of now Im preferably holding some altcoins, And I choose only those altcoins that have potential to get us a profit on when the time of them to rise the price. Because I found out also that have some altcoins going to high the price just like on what Im experience in the past year Ill have two different altcoins only and the percentage on it has come to %100-%200 but it was long time past we hope it happen again.

Holding bitcoin are the best move also if we want to hold them for so long actually bitcoin is one of the most trusted coins in crypto.

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December 17, 2019, 02:24:01 PM
 #269

I will still go for multi-currency portfolio. I still believe on the saying "Do not put your eggs on a single basket" because if you do, you will totally fail if something happens to your single currency investment.  Having multiple tokens also will enable you to enhance your skill on trading because you will manage multiple coins with different value.
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December 17, 2019, 04:10:56 PM
 #270

can't choose one because it's obvious I'm currently holding bitcoin and altcoin. and the answers of the people here also definitely choose to do both. okay, cheap altcoin can be bought in large quantities but if bitcoin continues to fall, it is useless to hold altcoin. it's safer to hold bitcoin but it will definitely feel something is lacking to hold, so buy altcoin to hold. if you can trade, it is better than doing long term hold.
All successful traders or crypto holders are seen utilizing both altcoins and bitcoin in order not to miss any opportunity of making good money. there is no doubt that bitcoin is the leading force and altcoins follow its trends but altcoins are good for day trading and making small profits on daily basis whereas bitcoin is used for collecting large money after some good time of holding.
Yeah, we can hold both at the same time as bitcoin and altcoins are now a day very profitable so we should take advantages to buy some altcoins like ETH and Ripple to store and spend 30 percent of your salary for it and buy coins with 50 percent so you can keep 20 percent for you daily needs so I want to say it’s better to keep both bitcoin and altcoins.
Money for investment, maybe only a little percent but steady will be ok. As long we really careful to pick altcoin because if we do wrong the altcoin can be something that make our lose. Maybe in bitcoin only need patient and research in where we buy to make our investment safe. But investment in altcoin is really something that complicated.

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December 17, 2019, 04:20:53 PM
 #271

As of now Im preferably holding some altcoins, And I choose only those altcoins that have potential to get us a profit on when the time of them to rise the price. Because I found out also that have some altcoins going to high the price just like on what Im experience in the past year Ill have two different altcoins only and the percentage on it has come to %100-%200 but it was long time past we hope it happen again.

Holding bitcoin are the best move also if we want to hold them for so long actually bitcoin is one of the most trusted coins in crypto.
almost all altcoins experience the same percentage when altseason appears, all will return when bitcoin is confirmed bullrun even though it's still speculative, or the price won't be better than this year. right now bitcoin is going down very rough and not very profitable for altcoin, i started choosing btc margins as an option because the spot market is making more of my assets floating.

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December 17, 2019, 05:59:08 PM
 #272

As of now Im preferably holding some altcoins, And I choose only those altcoins that have potential to get us a profit on when the time of them to rise the price. Because I found out also that have some altcoins going to high the price just like on what Im experience in the past year Ill have two different altcoins only and the percentage on it has come to %100-%200 but it was long time past we hope it happen again.

Holding bitcoin are the best move also if we want to hold them for so long actually bitcoin is one of the most trusted coins in crypto.
Yeah altcoin is also good for holding and now a days the price of altcoin is very down and those people who have money they need to invest their capital in altcoin, and yeah all altcoin is not good for investment now which altcoin have good value in current market its good for us. And otherwise those people who want to secure their funds then bitcoin is very good for them.

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December 17, 2019, 08:54:12 PM
 #273

As of now Im preferably holding some altcoins, And I choose only those altcoins that have potential to get us a profit on when the time of them to rise the price. Because I found out also that have some altcoins going to high the price just like on what Im experience in the past year Ill have two different altcoins only and the percentage on it has come to %100-%200 but it was long time past we hope it happen again.

Holding bitcoin are the best move also if we want to hold them for so long actually bitcoin is one of the most trusted coins in crypto.
The year is about to come to an end and holding altcoins has been a terrible experience for those that tried that strategy, as of right now the price of bitcoin is going down and as you may guess that means that the price of all altcoins is going down as well but even in the current circumstances the bitcoin dominance is growing and it is once again above 67%, which is completely mind blowing, this could be the perfect opportunity for altcoins to begin to grow and yet that is not what we see.

What we are seeing is a complete lack of trust from investors in altcoins and the ones that are suffering the most losses are those that have decided to hold altcoins for the long term.
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December 17, 2019, 10:19:40 PM
 #274

Altcoins and bitcoin is a must in a cryptocurrency portfolio. Mostly the market change can be experienced relative to the variation taking place with the bitcoin. When there is diversified investment, there will be better results than making an investment on very limited assets. Another thing investments needs to be made based on the ability. If we can invest or spend big then it is good to go with high priced assets and when our spending is limited choosing low priced assets seems to be the right choice.

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December 18, 2019, 10:22:57 AM
 #275

prefer to hold several than 1 type if you lose 1 coin the others might be able to cover that loss.
but yes you have to really choose a good alt and can survive in market conditions like this, the top 20 maybe.

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December 18, 2019, 04:49:35 PM
 #276

i think 50% is better
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December 18, 2019, 08:31:54 PM
 #277

As of now Im preferably holding some altcoins, And I choose only those altcoins that have potential to get us a profit on when the time of them to rise the price. Because I found out also that have some altcoins going to high the price just like on what Im experience in the past year Ill have two different altcoins only and the percentage on it has come to %100-%200 but it was long time past we hope it happen again.

Holding bitcoin are the best move also if we want to hold them for so long actually bitcoin is one of the most trusted coins in crypto.
Yeah altcoin is also good for holding and now a days the price of altcoin is very down and those people who have money they need to invest their capital in altcoin, and yeah all altcoin is not good for investment now which altcoin have good value in current market its good for us. And otherwise those people who want to secure their funds then bitcoin is very good for them.
Yes we can say holding altcoins is the best way for now but as I said we need to choose those altcoins that have potential rather than to shitcoins becoming to trash and no value. Not all altcoins are you mention not good investment? They are too many altcoins are their are worth to invest and maybe you can tell its not good because of your experience on it by investing those unknown altcoins so you probably said its not good for you.

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December 19, 2019, 05:41:16 AM
 #278

I'll say more. In your portfolio should be not only Bitcoin and altcoins selected by you from the TOP, but also fiat money. You will need money to buy cryptocurrencies in a bear market. For example, you could have done it yesterday.

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December 19, 2019, 05:51:45 AM
 #279

I'll say more. In your portfolio should be not only Bitcoin and altcoins selected by you from the TOP, but also fiat money. You will need money to buy cryptocurrencies in a bear market. For example, you could have done it yesterday.
Fiat money is not an investment tool, in this case, Fiat is out of the way. This is only a choice between bitcoin and altcoin, so you don't need to explain fiat as a tool to buy bitcoin or altcoin when prices are dumping.
in the portfolio he already has, ETH and BCH, only choose altcoin which has the potential, whereas, for bitcoin, it should not be traded anymore and is held for a long time.

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cotton ball
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December 19, 2019, 06:53:13 AM
 #280

Bitcoin is better choose investment but needed much money to get profit, for altcoin we need little money for investing but can earn much profit but depend with lucky we are which one coin to invest, when altcoin have lower price need wait for long time because altcoin have season when up and down, maybe need one year get back profit with altcoin investing.
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