zeze18
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January 11, 2020, 12:55:46 AM |
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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's a 👍 for a long time investment. Because bitcoin is much more potential than other coins this year and the safest investment in crypto. Even the growth of altcoins might be bigger than bitcoin growth in terms of price. But i'm sure investing in bitcoin could be the smartest decision right now.
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princehandsome
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January 11, 2020, 01:16:54 AM |
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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 👍
no. your plan is not stupid and that's good because if you have a lot of money to invest in Bitcoin then it will benefit. the price of Bitcoin can change in the near future and that's it makes it easy for people to get a lot of money from Bitcoin. different from Altcoin because its value depends on a particular season to be able to benefit. stay HODL and wait for the big pump to occur on Bitcoin.
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LouVandetta
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January 11, 2020, 01:37:53 AM |
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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 👍
There are some people who are just like you. They're really into bitcoin, and having no interest in altcoin. But there are also other people who already gained a lot of profit from altcoin. Whether you choose bitcoin or altcoin, or maybe both, as long as you've done your research, and make a good entry point and make a target point, you should be okay, at least you will, if the market movements are on a good track.
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Yaunfitda
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January 11, 2020, 01:39:04 AM |
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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 👍
If you're smarter, then it's better to diversify. The thing will altcoins is that they are really cheap and you can literally be a bag holder as compare to bitcoin which is expensive for some. That's why many people really advise to at least diversify your portfolio. Majority on BTC and then the rest will good altcoin.
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Aabcde
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January 11, 2020, 01:59:10 AM |
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No one will say it's stupid or not. Because everyone has their own choices and understands the risks. I also thus, save all my assets almost 85% in bitcoin. The rest is only for small trades for altcoin. the most important thing is continuing what you have planned. And don't forget to provide reserve funds too to take part in trading on current hype coins. Because this also gives you a nice profit.
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NathanJB
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January 11, 2020, 02:14:14 AM |
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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 👍
While I am also bullish on Bitcoin not just in the year 2020 but also beyond, I think it is better not to put your eggs in one basket. Bitcoin is the best but that does not mean that it does not undergo bearish days. And when the bearish days come, more often than not, the altcoins will soar. So try to diversify your portfolio to Bitcoin and a few top altcoins.
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sazonk
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January 11, 2020, 02:23:21 AM |
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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 👍
That is a smart move, and you are lucky. The final goal of us to trade is to get the profit that is stored in the BTC. And it doesn't hurt if we play with altcoin, but yes if we really why not BTC at all. Whereas all altcoins follow the movements of the btc itself, BTC is the controller. Saving money in altcoin other than BTC is too risky, so if you want to play other than in BTC, you can also choose a few stable coins which are clearly price stability. But it all depends on the choices that have been determined, for me personally, I just look for loopholes to get profit from altcoin and after that I save on btc. Yes, it's the same as you might do.
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Shallow Water
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karanggatak
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January 11, 2020, 02:43:18 AM |
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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 👍
yes you are right we better spend our money to buy bitcoin than altcoin. because it's more profitable than just holding altcoin. but I also still have some altcoin that I use for daily trading. I only choose the highest altcoin like Litecoin and Ethereum. so if a percentage of 70% of my portfolio is bitcoin and 30% altcoin.
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BlackFor3st
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January 11, 2020, 02:58:57 AM |
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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 👍
Bitcoin dominance is pretty high up until now which is 68.3% and by using this comparison investing to bitcoin is better than altcoins but we are still in the first quarter of the year so there are still plenty of happenings that will happen in the following months. If you like, you can just divide your investment for example you will put 70% of your investment in bitcoin and the remaining 30% will be in altcoins that you believe will still fight in the following months and continue to increase it's price. All will always depend to your decision, putting all your money in btc is not a bad choice but splitting it is also a good choice for me.
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alan2here
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January 11, 2020, 03:17:09 AM |
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Bitcoin is indeed the safe investment when it comes to crypto but there are certain altcoins which could provide a better return on investment if things go well. I would suggest to go with bitcoin alone if you don't want to experiment but investing in potential altcoins will be worth experimenting because we have seen lot of altcoins yielding good profit.
Bitcoin is an irreplaceable choice and of course people will choose to hold this coin more. I think this coin is starting to have a big improvement in price recently and you will definitely make a profit if you choose to invest long-term. In fact Bitcoin is stable at $8000 and if this price can be maintained for a long time then surely $10,000 will be just a matter of time. This is just my own prediction and the market needs to improve more in the near future and I hope all the coins in this market can increase in price.
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shodik007
Sr. Member
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www.thegeomadao.com
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January 11, 2020, 03:17:19 AM |
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good if you are not a daily trader, btw I also save most of my assets for bitcoin and altcoin which I use only to make a daily profit. actually altcoin is also good for the long term if you put it in the right project, maybe your previous experience is stuck on a fake project?
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mandor
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January 11, 2020, 03:24:58 AM |
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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 👍
yes you are right we better spend our money to buy bitcoin than altcoin. because it's more profitable than just holding altcoin. but I also still have some altcoin that I use for daily trading. I only choose the highest altcoin like Litecoin and Ethereum. so if a percentage of 70% of my portfolio is bitcoin and 30% altcoin. Bitcoin is still a profitable investment to date and in my portfolio there are only two coins, that's is BTC and ETH. sending all money into Bitcoin was not a stupid decision but it was the right choice. there was a it time to invest in all Altcoin but there were certain seasons that we didn't know when that happened. whereas Bitcoin doesn't have a certain season and that's what makes traders comfortable investing in BTC until now.
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lienfaye
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January 11, 2020, 04:12:50 AM |
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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 👍
Investing in btc is indeed profitable if you can bear waiting because it is ideal for long period hodling. You can notice the progress and difference unlike if you use the short term trading strategy so including btc in our crypto portfolio is a must. But I never lose interest with altcoins we know the situation of alts are struggling for long period already and the future of it is uncertain. I cant say its a bad choice to switch investing to alts but its wise to prioritize holding btc.
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bitvalak
Sr. Member
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SecureShift.io | Crypto-Exchange
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January 11, 2020, 04:29:49 AM |
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I personally prefer bitcoin as a store of value, then use another altcoin as an alternative to making a profit then I exchange it in the form of bitcoin via an exchange. Because in my opinion it's easier to trade altcoin because the value is still so low that my capital can still reach, rather than having to trade bitcoin I have to sacrifice a lot of capital.
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junkerr
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Meta4uStake.io
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January 11, 2020, 04:32:31 AM |
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good if you are not a daily trader, btw I also save most of my assets for bitcoin and altcoin which I use only to make a daily profit. actually altcoin is also good for the long term if you put it in the right project, maybe your previous experience is stuck on a fake project?
some altcoin is now also seen to have experienced growth as happened in bitcoin. I think investing in the altcoin top market with high trading volume will be good too, especially if the funds are not so large, the increase will be more visible with altcoin than bitcoin.
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novaprime
Sr. Member
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UniDApp - it's DeFi time!
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January 11, 2020, 05:12:17 AM |
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I personally prefer bitcoin as a store of value, then use another altcoin as an alternative to making a profit then I exchange it in the form of bitcoin via an exchange. Because in my opinion it's easier to trade altcoin because the value is still so low that my capital can still reach, rather than having to trade bitcoin I have to sacrifice a lot of capital.
Bitcoin is my very important asset when participating in this market because this coin can determine my current profit and all the money I have depends on the growth of this coin. Beside, I also invest in some good altcoins to make more profit but only invest in the top 50 coins because these are the coins that tend to increase with Bitcoin. Of course, it is not certain what will happen next but I have great faith and will consider investing more if the market is more stable in the near future.
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distr@yopmail.com
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January 11, 2020, 05:17:08 AM |
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I personally prefer bitcoin as a store of value, then use another altcoin as an alternative to making a profit then I exchange it in the form of bitcoin via an exchange. Because in my opinion it's easier to trade altcoin because the value is still so low that my capital can still reach, rather than having to trade bitcoin I have to sacrifice a lot of capital.
for long-term investment, of course, bitcoin is better. I also have it for my long-term investment. but for altcoin, I mostly use it for short-term trading. with easier costs and faster market movements compared to bitcoin. from there I can get better profits.
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imstillthebest
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January 11, 2020, 05:21:49 AM |
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what altcoin you invest before ? you need a patience to invest on altcoins . if you still have your altcoins then better, just give them another chance .
your current plan right now is not stupid .investing in bitcoin has never been a stupid decision but investing all your money on it is a different story anymore . we all should have only invest a certain percent on bitcoin because bitcoin is not a safe haven for all our money. .
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anjiitem
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Vave.com - Crypto Casino
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January 11, 2020, 05:50:55 AM |
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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 👍
For me personally it is better to focus on investing into bitcoin. But this does not mean that altcoin is bad, but if we look at altcoin prices often follow bitcoin, if the price of bitcoin starts to surge then altcoin prices will also slowly increase. But if I have to choose for now I would prefer to invest into bitcoin like what you said and maybe I only invest into altcoin with a small amount.
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wildan88
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January 11, 2020, 06:05:30 AM |
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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 👍
actually this is a good choice, don't take big risks on altcoin. but for me of course I will set aside 30% for altcoin, because I also need daily or weekly profits. because bitcoin for me is for the long term.
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