How about investing into altcoins?

[lobo13hf]

Bitcoin is the main focus because not many altcoins have impressed investors. There was much hype for projects like cardano, stellar but they never take off. With time investors are getting the feeling that Bitcoin is the only coin in which investment can be made with some confidence.

why you are taking the bitcoin as the main as the standard while all of investors know about that. cardano is not even getting so many hype from the market again. I guess you must see how the market of cardano right now. Bitcoin is not only the one but altcoin still does it. you are so skeptical about altcoin and why?

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[quality.crypto]

Bitcoin is the main focus because not many altcoins have impressed investors. There was much hype for projects like cardano, stellar but they never take off. With time investors are getting the feeling that Bitcoin is the only coin in which investment can be made with some confidence.

Of course, people will always choose Bitcoin as the first priority, so they will manage to get some Bitcoin when the market is in a downtrend. Cardano, Stellar is developing a project which will take some time to increase their price not like other Hype coins in the market.

[zeze18]

Bitcoin is the main focus because not many altcoins have impressed investors. There was much hype for projects like cardano, stellar but they never take off. With time investors are getting the feeling that Bitcoin is the only coin in which investment can be made with some confidence.

Of course, people will always choose Bitcoin as the first priority, so they will manage to get some Bitcoin when the market is in a downtrend. Cardano, Stellar is developing a project which will take some time to increase their price not like other Hype coins in the market.

Investors are assuming altcoin is not having a good future right now, i lately never show altcoin with a decent grow, even it's growing it's just for a while before it down again. So i think investors are just buying altcoin for trading and aiming for quick profits instead of holding the altcoins in case of supporting the development of the coins itself.

[iram3130]

Diversifying the portfolio is a good thing but the entry point for a trade is crucial. Right now there is no alt which is not affected by the fluctuation of Bitcoin, whenever we see a pump or dump there will be a difference in the prices of alts. So be careful before entering one of the altcoins.

[Sahyadri]

We are more focused on bitcoin than ever as most of the users wants to invest into bitcoin assuming a bull run post halving but nit many are planning to invest into altcoins, I think we need to focus on altcoins as well as there are coins like Tron, ADA and all which can pump anytime and priced extremely less as of now and even if bitcoin pumps it will have positive affect on altcoins as well so I think we should invest into reputed altcoins as well.

The shift of volume from altcoins to the bitcoin is the major reason which is keeping others at the bay too when it comes to altcoins investment. It is like a ripple effect, once a few started leaving altcoins, others followed too. Now, for altcoins to regain volume, bitcoin need to make an upward major movement. In such a case, people take their profits and invest in altcoins.

Therefore, altcoin price is in a way related to bitcoin's upward movement. For that people are trusting bitcoin more.

[kapalmabur]

one of the highlights this year is investing in altcoin will be very useful for the future, maybe it will happen again in 2017, altcoin rose sharply after bitcoin went up, buy some altcoin like ethereum, there, waves, ltc for you to hold

[pamsugas]

it is true altcoin can pump up to 20% at any time but it is important to remember altcoin is very influential on the price of bitcoin. bitcoin falls then altcoin can also fall deeper than the price of bitcoin. for now I still hold bitcoin only.

[perla]

one of the highlights this year is investing in altcoin will be very useful for the future, maybe it will happen again in 2017, altcoin rose sharply after bitcoin went up, buy some altcoin like ethereum, there, waves, ltc for you to hold

Big coin really promising again this year maybe. Focus on 3 coin include bitcoin for long term holding, and prepare maybe more money that we can use in urgent situation. Then we will be good in holding. I only can do that since i am bad at technical analysis. Maybe only focus to prepare my emotion to face every price that can be happen with bitcoin price.

[radjie]

one of the highlights this year is investing in altcoin will be very useful for the future, maybe it will happen again in 2017, altcoin rose sharply after bitcoin went up, buy some altcoin like ethereum, there, waves, ltc for you to hold

at least we should be able to trust some altcoins that already have big names to invest, because it is likely that after bitcoin has increased then some potential altcoins will move to follow the same thing

[Wysi]

Diversifying the portfolio is a good thing but the entry point for a trade is crucial. Right now there is no alt which is not affected by the fluctuation of Bitcoin, whenever we see a pump or dump there will be a difference in the prices of alts. So be careful before entering one of the altcoins.

Yes, we need to be very careful while choosing altcoins to invest and I would rather go for altcoins which has been there in the market and survived bearish market like Ethereum and TRN because ETH was almost tailing at $60 this year during the worst crypto bloodbath but managed to cross $150 again, TRON is an underrated coin which will explode at some point of time, does not require huge capital to invest into it. Hence it's better to go for reputed altcoins rather than experimenting with new ones but if you wanna take the risk then go for some new coins in DEX as they fluctuate too much and worth risking if you wanna start with a small amount.

[Pelunize12]

Bitcoin is the main focus because not many altcoins have impressed investors. There was much hype for projects like cardano, stellar but they never take off. With time investors are getting the feeling that Bitcoin is the only coin in which investment can be made with some confidence.

why you are taking the bitcoin as the main as the standard while all of investors know about that. cardano is not even getting so many hype from the market again. I guess you must see how the market of cardano right now. Bitcoin is not only the one but altcoin still does it. you are so skeptical about altcoin and why?

bearish market makes many people skeptical with altcoin at this moment

look at most of altcoin, they are worthless. can't make any good price progress

even altcoin is only have around 30% of total crypto dominance. what a low it is.

[UserMatt1]

for sure dominance is an important metric to watch, in this current market, it only takes btc dropping a few % and most altcoins will follow, hence, you should only hold a small amount of your portfolio in altcoin, and most in btc, using short positions to cover these small drops

[onyek16M]

one of the highlights this year is investing in altcoin will be very useful for the future, maybe it will happen again in 2017, altcoin rose sharply after bitcoin went up, buy some altcoin like ethereum, there, waves, ltc for you to hold

at least we should be able to trust some altcoins that already have big names to invest, because it is likely that after bitcoin has increased then some potential altcoins will move to follow the same thing

of course, altcoin is good investment for long term. many people has been choose and saving altcoin because altcoin price cheaper than bitcoin price. few altcoins really has future, just wait halving of bitcoin and i am sure that altcoin will following to rise...  such you said that when you want investment in altcoins you must choose the potential like ethereum, LTC, and BCH

[whyrqa]

for sure dominance is an important metric to watch, in this current market, it only takes btc dropping a few % and most altcoins will follow, hence, you should only hold a small amount of your portfolio in altcoin, and most in btc, using short positions to cover these small drops

Of course, today the state of the cryptocurrency market is such that investing in all cryptocurrencies is a dangerous and thoughtless action.  If you do not take into account the highest-rated cryptocurrencies, especially Bitcoin and Ethereum, then some altcoin may be a profitable investment, but for this you need to pay attention to future prospects and their relevance in society, in addition, a real practical use for such altcoins  of these coins for something, such as the Throne or EOS for gambling and how active this use is.

[jets567]

Well altcoins are more riskier investment compare to Bitcoin especially the new ones though few of them has potential to grow its price over time so I also invest with some altcoins that I believe in, considering that I don't have big capital but my priority for long term is still Bitcoin so I keep buying it as much as possible.

[diazepam666]

Every investment is usually based on the what profit we can make out of the amount we take to invest. In that case altcoins also the one of the good option in the crypto industry to to make money in trading field.

Always look for the hyped coins which have future benefits and best promotion idea to boom the project.

[UserMatt1]

for sure dominance is an important metric to watch, in this current market, it only takes btc dropping a few % and most altcoins will follow, hence, you should only hold a small amount of your portfolio in altcoin, and most in btc, using short positions to cover these small drops

Of course, today the state of the cryptocurrency market is such that investing in all cryptocurrencies is a dangerous and thoughtless action.  If you do not take into account the highest-rated cryptocurrencies, especially Bitcoin and Ethereum, then some altcoin may be a profitable investment, but for this you need to pay attention to future prospects and their relevance in society, in addition, a real practical use for such altcoins  of these coins for something, such as the Throne or EOS for gambling and how active this use is.

true but with high btc dominance, every time btc dips, eos follows... its when it has low dominance and going sideways, that altcoins like EOS pump

[Cacingkemi]

for sure dominance is an important metric to watch, in this current market, it only takes btc dropping a few % and most altcoins will follow, hence, you should only hold a small amount of your portfolio in altcoin, and most in btc, using short positions to cover these small drops

even today bitcoin has fallen sharply, therefore it is now the biggest opportunity to be able to invest most of the money we have against bitcoin and we must also be able to combine a few percent of our money to invest in some potential altcoins

[Harriti]

We are more focused on bitcoin than ever as most of the users wants to invest into bitcoin assuming a bull run post halving but nit many are planning to invest into altcoins, I think we need to focus on altcoins as well as there are coins like Tron, ADA and all which can pump anytime and priced extremely less as of now and even if bitcoin pumps it will have positive affect on altcoins as well so I think we should invest into reputed altcoins as well.

I don't think that's a good idea at the moment. You can see that the volume of transactions in bitcoin is increasing and the alts are gradually decreasing in volume and decreasing in capitalization. This is because speculators now realize that there have been too many fraudulent businesses, so they are being more careful and intelligent. They are afraid of alts and only follow the crowd, which is Bitcoin. Now you should also follow the crowd, going against the crowd you only get bad results. This is the truth of the financial market and the truth of the holders and traders.

[drlukacs]

We are more focused on bitcoin than ever as most of the users wants to invest into bitcoin assuming a bull run post halving but nit many are planning to invest into altcoins, I think we need to focus on altcoins as well as there are coins like Tron, ADA and all which can pump anytime and priced extremely less as of now and even if bitcoin pumps it will have positive affect on altcoins as well so I think we should invest into reputed altcoins as well.

Yes, you can actually earn more in the long run from altcoins. However, you have to be really careful about what projects you invest into. Try to stick to the top 50 or so coins on coinmarketcap to limit the amount of risk you'll be taking. If you want to be really safe but still make money in the long run, stick to Bitcoin. However, if you want something a little more risky with a higher upside, then try to find something around the #50 spot on coinmarketcap.

I don't think alts outside the top 15 will survive Bitcoin's strong dumpes in the future. Besides, all the alts outside the top 15 are usually shitcoins and they don't have any development plans for 2020. I see those alts are passive and especially the ones that have been around for a long time. Dogecoin, Monero, NEO, ... their team seems to be lazy when they are not active on bear market days. Therefore, to secure our capital, we should only invest in alts in the top 10 of CMC, which are alts with good potential or all in Bitcoin.