Bitcoin still or altcoins

[VanDeinsberg12]

Using my pattern as an example,. Nothing beats balancing your portf.

Bitcoin definitely must be 60%
Then valuable altcoins follow suits.

Do not pack altcoins for storage sake
Invest s in value always

It's too much to put 60% as the minimum amounts to be putted into the bitcion. 50% will be much better as the 10% can be divided among the promising altcoins. Just always try to invest in the major coin, i meant about the major coins must be getting more amounts rather than medium altcoins.
This is the rule when investing in crypto to minimize the risk that we can get it from the volatile market. I think this strategy has already used so many times by a lot of crypo users.
This strategy is totally working right now.

[fuer44]

for the time being, I think bitcoin is still the main choice if you want to invest. bitcoin movements look better than altcoin. altcoin is also good, but the movement is slower and very fast up and down. and when viewed from the volume, market cap, supply and circulation, bitcoin has better potential.

[oktana]

both of them still have the same potential, it's better to keep thinking of not just concentrating on one coin.

What needs to be calculated is the estimation of your total assets for each price of coins you buy, if you count it without ever doing cutloss, then the income from altcoin will be greater because of the effect of quantity, and better things will also be obtained if you routinely get profit from altcoin trading.

[aioc]

Putting all my money on bitcoin is more smarter than going for altcoins? I think bitcoin will always surge even if it loses value today, i never think twice about this anymore because in the past if i never switched to altcoin i would have be in big profit today, what do you guys think about my plan? Stupid or 👍

Good decision at the right time, just when Bitcoin is heading for the big time, Bitcoin should occupy a big slice in your portfolio, you can still invest in altcoins but since this is Bitcoin's year, it's highly recommended that Bitcoin get the big slice, it should be 60 to 80% of your portfolio.

[Sithara007]

The Bitcoin dominance came down from 69% to 68% during the past 48 hours, but this was mostly due to the sharp jump in BCH and BSV exchange rates. BCH is the 4th largest cryptocurrency (in terms of market capitalization), and a few days back it was at the 5th position behind Tether. Similarly, BSV has risen to the 8th position, pushing Binance coin to the 9th spot.

I am not sure whether this spike for BCH/BSV is going to stay or not. If this is a temporary phenomenon, then we should witness the Bitcoin dominance getting back to the previous levels (69%-70%).

[redsun114]

Putting all my money on bitcoin is more smarter than going for altcoins? I think bitcoin will always surge even if it loses value today, i never think twice about this anymore because in the past if i never switched to altcoin i would have be in big profit today, what do you guys think about my plan? Stupid or 👍

I am quite sure you might have invested in some wrong altcoins in the past which did not made you have immense profits. If you would have chosen a correct altcoin then you might have at least doubled your investment by the time. Investing in bitcoins is wise but you need larger amount of funds in order to make extreme profits in smaller intervals.

The price for bitcoins is on the top of each altcoin so if you are investing in smaller amounts than bitcoin would only give you smaller profits no matter how much the price changes. But, imagine you invest in smaller amount coins like XRP, Doge, etc and the price for those coins doubles, you would certainly have huge larger profits as compared to bitcoins. What I want to say here, is investing in bitcoin as well as altcoin can be profitable for you if you choose your altcoin carefully.

[Bossfidelity]

Putting all my money on bitcoin is more smarter than going for altcoins? I think bitcoin will always surge even if it loses value today, i never think twice about this anymore because in the past if i never switched to altcoin i would have be in big profit today, what do you guys think about my plan? Stupid or 👍

Putting all your funds in Bitcoin is simply limiting your options for profitability. The beauty of this industry is your ability to diversify your portfolio and help you reduce the risk which could be suffered if anything goes wrong with one project. I believe that Bitcoin is a good project and won't go down, but the value could be greatly affected by volatility and some altcoin could save the day.

[smyslov]

Putting all my money on bitcoin is more smarter than going for altcoins? I think bitcoin will always surge even if it loses value today, i never think twice about this anymore because in the past if i never switched to altcoin i would have be in big profit today, what do you guys think about my plan? Stupid or 👍

Putting all your funds in Bitcoin is simply limiting your options for profitability. The beauty of this industry is your ability to diversify your portfolio and help you reduce the risk which could be suffered if anything goes wrong with one project. I believe that Bitcoin is a good project and won't go down, but the value could be greatly affected by volatility and some altcoin could save the day.

I experienced that in the past, there are some altcoins and some shitcoins that save my day in the past, Bitcoin is great but diversifying will always be a good option, in a highly volatile market, it pays to implement simple business advice it will always saves the day for you, looking in the past I'm thankful that I did promote some altcoins and shitcoins.

[Pamadar]

for the time being, I think bitcoin is still the main choice if you want to invest. bitcoin movements look better than altcoin. altcoin is also good, but the movement is slower and very fast up and down. and when viewed from the volume, market cap, supply and circulation, bitcoin has better potential.

Optimistically viewed bitcoin still gain more trust from investors points of views, since there are lots of influenced inside alts and many scamming
possibilities. Investors mostly choose to stay with bitcoin though there are some who also working with alts but surely they've got reserved btc
inside their wallets to make sure that they've ready in case for wide adoptions and certain pump.

[sana54210]

Those who go for bitcoin instead of altcoins don't need to diversify their portfolio because bitcoin is the most reliable digital coin followed by ETH, the best coin to hold is bitcoin and the best coin for trading is altcoins, you can use bitcoin for trading too but i found altcoin to be better

Trading with bitcoin will not give you that good profits.

But, imagine if you are trading with larger amounts like 5+ BTC then even trading bitcoin will give you a lot profits. Price for bitcoin varies by $100 to $500 per day and even if you trade daily with your 5+ bitcoins than you might be able to make extreme profits per day.

Initially you are going to need huge capital for that and even the risk of having loss remains constant as even the price might adversely go down making you unable to sell your coins and wait until the price pumps back. But in case of altcoins, they are traded with smaller prices and it would always give you larger benefits even if you trade with smaller amounts.

[Shimmiry]

Putting all my money on bitcoin is more smarter than going for altcoins? I think bitcoin will always surge even if it loses value today, i never think twice about this anymore because in the past if i never switched to altcoin i would have be in big profit today, what do you guys think about my plan? Stupid or 👍

It wasn't totally a smarter move. It was just a nice choice yet still a risky one as putting it all on a single cryptocurrency (which is indeed very volatile and can sometimes fell in an instant) is just betting your life onto something because of trust. To be honest, it was a stupid idea. But it depends on you. Many would prefer separating your money and investing to many cryptos even on stockmarket. Or even make ur own business.

[Outlander]

In the long run, buying BTC can get stable returns, and the risk of investing in altcoins is very large, and it is likely to lose money.

[MOProgress]

I think the answer to this topic is in two ways, some altcoins will do better than Bitcoin in terms of ROI, while Bitcoin will be far better than some others, the challenge will be how to know those altcoins.

[ije07]

I think that bitcoin is the best investment in the cryptoqurrency industry, we can see that bitcoin has great potential for future investment on one side of bitcoin, one of the top coins compared to other cryptoqurrency. so anyone will not hesitate if they want to invest their money in the form of bitcoin.

[biddicoin]

Putting all my money on bitcoin is more smarter than going for altcoins? I think bitcoin will always surge even if it loses value today, i never think twice about this anymore because in the past if i never switched to altcoin i would have be in big profit today, what do you guys think about my plan? Stupid or 👍

your plan to put all of your money to Bitcoin is good. I agree with your plan
Bitcoin shows its performance to recover more than 3x in last year, it was about $ 3,500 to $ 13,000

I think that's a sign that Bitcoin could be more than that. I never doubt about that
Bitcoin looks dominance compared with altcoin with more than 65%

[iv4n]

I think the answer to this topic is in two ways, some altcoins will do better than Bitcoin in terms of ROI, while Bitcoin will be far better than some others, the challenge will be how to know those altcoins.

Still both, that's the old way that is still actual. I always say both, why would be a problem to diversify your investment in couple projects, why to risk with just one? Bitcoin is a must have before everything, anyone can invest in bitcoin or try to earn some, it's the same with all other alts, you can invest or you can try to earn, either way you should have some coins for long term holding. Which alt is good, well you need to have some parameters, if a coin satisfy those parameters invest in it, if not then don't, higher the parameters you have more chances for making profit you have, its how I make my decisions.

[Marble777]

not only you, even I personally think the same about you if I don't switch to altcoin or buy bitcoin when prices are cheap then I'm already a millionaire now. my advice is don't regret it, and even better if you have money then immediately buy and invest with bitcoin.

[zenhu]

There is no stupid plan if we just cut our loses and move the left balance to get better place to invest in. I want give you additional strategy to buy bitcoin until you get the cheapest price. Don't buy at once, buy bitcoin partially, when it down 5% or whatever you want, you can buy again with the left balances.

[lousie9]

When we get some altcoin from participating in several projects or we take part in buying IEO then we will exchange it for BTC when prices are high and there we will continue to collect Bitcoin, therefore it is not wrong if we continue to hold Bitcoin for future savings assets in front of us because with the fall of the price of Bitcoin, I am very confident that prices will continue to remain strong at high levels.

[Triffin]

yes it is a very good plan because bitcoin is the most stable coin and has always been everyone's first choice in investing. I also feel guilty about losing a lot of money when investing in some altcoin

Bitcoin is not stable and it has never stable for once, quite comparing it to stable coins like USDC or USDT, bitcoin price fluctuates lots of time but yes its the best and most reliable digital currency till date, you should consider few good altcoins as well when you have enough money cos sometimes they can be way profitable than bitcoin

I think if the investor is wise and he is well aware of market ups and downs then there will be no problem for him. An investor should keep balance and buy 60 percent of bitcoin and invest 40 percent in altcoins but choose well trusted Altcoin like Ethereum or ltc they are good choice and has more potentials to rise in price. Bitcoin should be the first priorities to invest your money and save it.