Investing in Alts instead of Bitcoin for far greater returns (or losses)

[DDante]

At the risk of going against what most Crypto investors suggest, I've decided to keep the majority of my portfolio consisting of projects from the top 20 Alts (apart from BSV and BCH which are shitcoins) working on the assumption that many of them are down by a far greater percentage in the last few years than bitcoin which has actually gone up

I'm well aware its a gamble but I'm prepared to run the risk of either making insanely large profits or losing my $2K investment especially after watching the markets the last few days, Alt prices have gone up and down faster than a hookers knickers 

Your thoughts peeps? am I stupid, brave, a pathological gambler or a combination of the the three?

If you are ready for such risk i think you should look into new altcoins, they are far cheaper than top altcoins, the only top altcoins that are still cheap now is Tron and Chainlink, look at new projects from binance like origin protocol or celer network, all the best

[bgaf]

I do have some altcoins but It doesn't include fork coins of bitcoin. Risking is one way to show how brave and your courage can be test. Likewise, I can also bought a lot of alts but Im being safe and only buy top 10 coins from the market with have a pretty good marketcap such as binance, and ether. Of course my biggest portfolio is btc. I dont want to wager lower than those coins since it is very risky and I'm not a full blown soldier but a moderate to average risk taker.

[Hairynipples]

Though altcoins are not showing improvement somehow the current state is a good timing to invest since majority of alts are declining.

Its always good to diversify your investment so if the other didnt turn out well you have another to turn on to. This year bitcoin is quite popular due to halving so some of us chose btc over alts.

I've only invested in top Alts, ETH,BNB,EOS,TRX and ADA at the moment as I think they all have the potential to bring decent returns in the mid term

Well its a good choice but did you conduct a research before investing in these coins? Having your own understanding in each coin is important to have an idea on how these coins will perform in the coming days. The good thing about well established coins are you dont have to worry that it will lose value or be delisted in exchanges since it has a purpose and use cases unlike new coins that popping nowadays.

I did indeed do my research on the coins I invested in

The criteria I looked at were total supply, market cap, trading volume, roadmap and past and future development as well as any potential drama such as the problems plaguing BSV and craig wright.

I never have and never will invested in any of the BTC hard forks.

I also looked at price movement in the last 12 months and by how much of a percentage the various Alts had gone up or down.

For example, Ada, EOS and tron have slowly gone up in the last 3 months whereas ETH and BNB have gone down by a small amount.

[wheelz1200]

At the risk of going against what most Crypto investors suggest, I've decided to keep the majority of my portfolio consisting of projects from the top 20 Alts (apart from BSV and BCH which are shitcoins) working on the assumption that many of them are down by a far greater percentage in the last few years than bitcoin which has actually gone up

I'm well aware its a gamble but I'm prepared to run the risk of either making insanely large profits or losing my $2K investment especially after watching the markets the last few days, Alt prices have gone up and down faster than a hookers knickers 

Your thoughts peeps? am I stupid, brave, a pathological gambler or a combination of the the three?

Right or wrong it's a gamble.  You inherently are stating yourself you believe more in bitcoin but just think these will go up a lot quicker than bitcoin will based on the amount of losses they took.  That's a gamble, stupid nah people gamble on sports and everything else all the time this is no different.  Good luck to you.

[enhu]

With just a cent move of a price, you can either lose or win a big profit from an altcoin, having millions TRX in your account and the price just went 0.03$, you already doubled your money but needs the waiting. That's a good option but still with BTC you can have the assurance that you can make money with the ups and downs.

[DosManos]

At the risk of going against what most Crypto investors suggest, I've decided to keep the majority of my portfolio consisting of projects from the top 20 Alts (apart from BSV and BCH which are shitcoins) working on the assumption that many of them are down by a far greater percentage in the last few years than bitcoin which has actually gone up

I'm well aware its a gamble but I'm prepared to run the risk of either making insanely large profits or losing my $2K investment especially after watching the markets the last few days, Alt prices have gone up and down faster than a hookers knickers 

Your thoughts peeps? am I stupid, brave, a pathological gambler or a combination of the the three?

well you are right.. why?
because many altcouns are at very low lvl in BTC pair
means you can double and triple your BTC easily
and if you want even make x10
i invest in altcoins and selling every time i double the worth of BTC then moving to the next altcoin or buying back the same altcoin when it goes down again

[wheelz1200]

At the risk of going against what most Crypto investors suggest, I've decided to keep the majority of my portfolio consisting of projects from the top 20 Alts (apart from BSV and BCH which are shitcoins) working on the assumption that many of them are down by a far greater percentage in the last few years than bitcoin which has actually gone up

I'm well aware its a gamble but I'm prepared to run the risk of either making insanely large profits or losing my $2K investment especially after watching the markets the last few days, Alt prices have gone up and down faster than a hookers knickers 

Your thoughts peeps? am I stupid, brave, a pathological gambler or a combination of the the three?

well you are right.. why?
because many altcouns are at very low lvl in BTC pair
means you can double and triple your BTC easily
and if you want even make x10
i invest in altcoins and selling every time i double the worth of BTC then moving to the next altcoin or buying back the same altcoin when it goes down again

That sounds real simple but in reality most people go broke with this strategy.  It's easy in a bull market like 2017 but those same people probably went belly up in 2018 or 19.  Investing in alts is always a gamble meaning the bottom can always fall out and you could lose it all just like with any other gamble. 

[naikturun]

well no one can conclude what you are doing now because we will see the results later, but yes it is a bit risky if putting all your investment in ALT would be better if you put 50-60% in BTC the rest in ALT. anyway goodluck for your investment.

[wajik-tempe]

well no one can conclude what you are doing now because we will see the results later, but yes it is a bit risky if putting all your investment in ALT would be better if you put 50-60% in BTC the rest in ALT. anyway goodluck for your investment.

Many people are splitting their investment into more than 10 cryptocurrency because they are never sure with one coin analysis, crypto price could always suprice us even with a great analysis and good news a coin could be dropped because dumped by whales. So if we want to survive in cryptocurrency, never putting so much expectation in one or 2 coins only

[Hamphser]

well no one can conclude what you are doing now because we will see the results later, but yes it is a bit risky if putting all your investment in ALT would be better if you put 50-60% in BTC the rest in ALT. anyway goodluck for your investment.

Many people are splitting their investment into more than 10 cryptocurrency because they are never sure with one coin analysis, crypto price could always suprice us even with a great analysis and good news a coin could be dropped because dumped by whales. So if we want to survive in cryptocurrency, never putting so much expectation in one or 2 coins only

It's better to diversify your funds than investing it in two or three altcoins. Invest more on bitcoin and choose the best altcoins you think that would give you the profit you wished you could get during the bull run. Don't trust too much on altcoins because most of them are just following the trend of bitcoin. So always stay in bitcoin no matter what.

[Magkirap]

well no one can conclude what you are doing now because we will see the results later, but yes it is a bit risky if putting all your investment in ALT would be better if you put 50-60% in BTC the rest in ALT. anyway goodluck for your investment.

Many people are splitting their investment into more than 10 cryptocurrency because they are never sure with one coin analysis, crypto price could always suprice us even with a great analysis and good news a coin could be dropped because dumped by whales. So if we want to survive in cryptocurrency, never putting so much expectation in one or 2 coins only

It's better to diversify your funds than investing it in two or three altcoins. Invest more on bitcoin and choose the best altcoins you think that would give you the profit you wished you could get during the bull run. Don't trust too much on altcoins because most of them are just following the trend of bitcoin. So always stay in bitcoin no matter what.

Indeed, most altcoins are like shadows of bitcoin's price movement so i am a little bit against the OP's decision to choose altcoins rather than bitcoin to be in his portfolio. Making your money go to multiple cryptocurrency can help you maximize your profit and minimize your loss so i agree that you put large percentage of your total asset in bitcoin maybe 40%-60% range and then choose good looking altcoins like ETH and XRP and others to complete your portfolio.

[Kersh768]

At the risk of going against what most Crypto investors suggest, I've decided to keep the majority of my portfolio consisting of projects from the top 20 Alts (apart from BSV and BCH which are shitcoins) working on the assumption that many of them are down by a far greater percentage in the last few years than bitcoin which has actually gone up

I'm well aware its a gamble but I'm prepared to run the risk of either making insanely large profits or losing my $2K investment especially after watching the markets the last few days, Alt prices have gone up and down faster than a hookers knickers 

Your thoughts peeps? am I stupid, brave, a pathological gambler or a combination of the the three?

I would say you are that brave enough because at first, you have already know the risks it would take on investing all of your money into pure Altcoins only. Although that was experimental I think on your part, still you risk money that supposedly have the potential to grow when you part it on investing and holding into Bitcoin as well. We all know that any kind of cryptocurrency have their own potentials that are being unlocked in no time since we are in a virtual market wherein currencies move in volatility so we can never tell when and how it will happen. But if your point of view that making investment purely with Altcoins suit preference and style as well as strategy on doing investment, it will be always your choice since it was your money. But if I were you, I will still go into Bitcoin by having Altcoins as well since both are beneficial and always have a potential to grow making benefits.

[Leah38]

I won't dare go invest everything alts. Its better to have 50% on btc, some ETH and then invest the rest on altcoins. Majority of alts dies. Its risky to go 100%.

[cryp24x]

I think you are just a normal peep who wanted to make macimum profit from your Crypto. I guess we really need to learn how to take and manage the risk in investing our money in Crypto. What we need to do is to enhance our skills on trading so that we will have an alternative way of producing more profit while waiting.

[Shasha80]

To be honest, you are among those who are very brave by investing in the top 20 altcoins. Because in my opinion it's still too early to
investing in altcoins now, the risk to be faced is still too great. It would be safer if investing in bitcoin, but that is the path you are taking.
You must be prepared with whatever risks will occur, there is still a possibility of altcoins experiencing bullish. So now it is still not visible
where the development of market prices will go, which can suddenly go up or down.

[Hairynipples]

I think you are just a normal peep who wanted to make macimum profit from your Crypto. I guess we really need to learn how to take and manage the risk in investing our money in Crypto. What we need to do is to enhance our skills on trading so that we will have an alternative way of producing more profit while waiting.

you pretty much nailed it on the head

I'm not interested in taking small profits, I'd rather take the risk of huge profits or losses but that's just me

[Pelunize12]

well no one can conclude what you are doing now because we will see the results later, but yes it is a bit risky if putting all your investment in ALT would be better if you put 50-60% in BTC the rest in ALT. anyway goodluck for your investment.

Many people are splitting their investment into more than 10 cryptocurrency because they are never sure with one coin analysis, crypto price could always suprice us even with a great analysis and good news a coin could be dropped because dumped by whales. So if we want to survive in cryptocurrency, never putting so much expectation in one or 2 coins only

I think it is not about not sure, but about strategy. if we arent sure with what we do, then it is better to not do
only investing in what you understand is the thing which we should realize.
diversify is one of investing strategy, it aims to reduce the investing risk. many people have done that

[WannaCry]

why would you invest in altcoins if you know that there is no hope for some of those altcoins even they are in the top 30?its better to invest in bitcoin or maybe half of it to those altcoins in the top10

[michellee]

why would you invest in altcoins if you know that there is no hope for some of those altcoins even they are in the top 30?its better to invest in bitcoin or maybe half of it to those altcoins in the top10

That is what people should do to choose the best of investment because bitcoin will increase to a higher price, and that will give us a big profit. If people cannot analyze the market and he feel difficult to find the altcoin, he doesn't have to try to buy any altcoin and only select bitcoin for the investment. But if he selects bitcoin, he needs to wait for a long time to see the price will increase so high, and he also needs to manage his emotion because the bitcoin price will be volatile.

[Santri]

actually you are not stupid because putting money on lots of altcoin but this is too dangerous, maybe you can have a lot of money if altcoin also pumps in 2020 but if altcoin only has prices like now or more down then you will regret it. if I were you I would still choose bitcoin as the largest portfolio