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

[Hairynipples]

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?

[Kyraishi]

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 hold at least a portion of my portfolio in BTC.

I do think that alts are going to overall outperform BTC for this upcoming bull market, because of how much they have went down relative to their intrinsic value over the span of the bear market and even during the 2019 recovery.

Alts generally make the greatest returns when BTC prices are stable, though, as investors seek another place to make short term profits. This is why I recommend holding at least some significant portion of BTC to construct your portfolio - you want a nice mix between stability and growth.

[Getmon]

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?

My though is that you've got a really nice username. Kidding!

I don't know if "most crypto investors" that you are referring to is really most crypto investors. I think most crypto investors would advice you to do what you are doing right now. Who are those most crypto investors you are referring to? What you have done is the right thing. The top 20 altcoins are the best choices save for the couple of altcoins that you have already mentioned. I would say you are brave. Just HODL them strong.

[makishart]

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?

You are not included on those three. So many people have made their pre-assumption about the trend that always happen in the market but im with you in this case as im also betting on another coin and bitcoin is not only my portfolios. I have also invested or try to bet on the altcoin and i have tried that on top 100 CMC and it's not even included on top 20 CMC and im still holding this one and i have been making 3x return. it's not so bad as the trend in crypto is not static and that is always changing anytime.

[Hallmader]

Not instead but with Bitcoin. Do not go all in on altcoins as you should not also go all in on Bitcoin. This is the best option for me. This is diversification, not putting all your eggs in one basket. Whatever happens to either of the baskets, there is still the other.

[DGulari]

Not instead but with Bitcoin. Do not go all in on altcoins as you should not also go all in on Bitcoin. This is the best option for me. This is diversification, not putting all your eggs in one basket. Whatever happens to either of the baskets, there is still the other.

Diversification is used when you don't know what you have invested. Instead if diversification, you can maximize the profit by invested more in coin which you think is interesting and promising. Why we need to diversify our money to many altcoins with low amount instead focusing in few altcoin but with higher investment?

[passwordnow]

Such a big good luck for you then. Accept that many will say that it's such a bad idea to abandon bitcoin and turn into to full altcoins portfolio but who are we to decide if it's your holdings? you can easily turn again back to bitcoin if you feel uncomfortable with that style.
I've seen people that did that when they've decided to go all in with alts and suddenly sold most of it to get back bitcoins.

[piebeyb]

sometimes when recovery on altcoin usually the price grows faster than bitcoin maybe because of the price factor that is still fairly cheap, I also maintain the old altcoin in my portfolio, but not both shitcoin is bsv and bch I hate it anything that conflicts with bitcoin, if you are ready bearing the risk is the attitude of a great trader even I also consciously realize there are risks in trading so it is normal in my opinion, all traders have the right to choose cutlose or maintain altcoin held, sometimes they when rising faster than bitcoin otherwise when prices fall faster also from bitcoin, but your decision is quite good. what you do I do it too, so it's not wrong to maintain that, not all traders have this attitude

[Hallmader]

Not instead but with Bitcoin. Do not go all in on altcoins as you should not also go all in on Bitcoin. This is the best option for me. This is diversification, not putting all your eggs in one basket. Whatever happens to either of the baskets, there is still the other.

Diversification is used when you don't know what you have invested. Instead if diversification, you can maximize the profit by invested more in coin which you think is interesting and promising. Why we need to diversify our money to many altcoins with low amount instead focusing in few altcoin but with higher investment?

Diversification is the best option in terms of crypto, stocks, and other investments. It is not an option for those who are ignorant on what they are getting into. Diversification is encouraged by I would say all veteran investors. I am quite surprised when you claim diversification is only used when you don't know what you are investing into.

Investing on a single coin, stock, currency, or anything which you think is interesting and promising does not make things better. That is risking everything in a single shot.

[gweedo]

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?

You are not a fool with such investment way, in fact you are very smart and know how to manage your portfolio. I have nothing to complain about your investment but it is a dangerous option in this market. You may be rich in 2020 if the altcoin market is pumped, but you can also be stuck and lose a lot if this year only BTC price increases and the whole altcoin continues to go down. It's like a betting game, and you've got your hands on it. Hope you achieve your goals this year

[pajak666]

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?

It's a combo what you are You know the risks, you know the rewards and you can lose the capital without going crazy in real life so why not try it? If something goes wrong in the markets, it will be just an annoyance for you IRL and as you said you can make great money on it. I'm only afraid trading is not as binary as to go up/down. Diversification is great, but I think that some of the top20 coins were simply a hype and will only fall out of the tops in the upcomings months. For sure you might wanna use some tool to rebalance your portfolio.

[chennappa121]

As my personal experience do not go with anyone advice in crypto market because it won't work all-time, than you have blame them if anything went wrong and they will not going fulfilled your loss. So better to understand the crypto market than do some research about which altcoins can give good returns for your investment. And don't sell them until reaching your target if it is in downfall also.

[arwin100]

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?

It's 50-50 since we know the risk is big and if the timing and luck are on your side possible you will earn huge profit from it but if the bad luck came then you lose, and you should remember that do not put all your capital in 1 option only and always select multiple option so that you can recover the loss if there's one alt fallen on your side.

[affandi]

wow, I really respect and feel amazed at your courage because you have dared to take decisions that have a lot of risk in them. it's true, if you are lucky, then you will get more profit from the altcoin portfolio that you have today than just holding bitcoin, but the opposite will apply if the altcoin portfolio that you hold at the moment doesn't get a pump but just becomes rubbish. The decision is yours, but my advice, think wisely when making decisions and good luck.

[bluebit25]

You are a risk taker and want to make a big profit from this market. And this is definitely the way investment meets your needs, we all know that the more risk there is, the greater the profit. But to be honest, the current market is too bad and it will not be possible for us to make a profit when investing in altcoins. Most of the people in this market have been through it during 2017-2018, now they only invest carefully because they have lost so much by investing just like you.

[ichsan ardi]

if you are consistent with the consequences, it means you are in the category of a brave person, but if you regret it now, you are a loser.

[sheenshane]

This is a very risky idea and you need to have spent more time in research which altcoin has the potential to pick. I dont believed in the line says, the more your risk the greater profit you will earn. For me, that is a wrong perception because you need first to know better the altcoin you are going to pick before holding in your portfolio.

Just kinda give a headache if you were just because of a wrong decision. Why not you just give prior to bitcoin and give a big percentage of the amount that you are holding. Remember those possible consequences may occur.

[CodyAlfaridzi]

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?

The good thing is you already know what you're doing. The risk of investing in alts is bigger, but the reward of course is also bigger. As long as you acknowledge that, no problem as you've said you're prepared for the risk.

I was skeptical for alts for most of the time but after looking how alts are performing in January, wow I have to say I'll regret if I don't have any exposure on alts. I mean look at how ETC, ETH, LTC moves. When these guys moves up, the percentage are always bigger than Bitcoin and that's not something that I can miss.

[bamboylee]

You did not tell us if you carefully studied those projects and chose them because of their merits. Because if you did, I say that you took a calculated risk which is both brave and wise. Otherwise, if you just randomly chose from the top 20, then that is stupid and a gamble.

[Eternad]

I don't have any fork coins in my Portfolio now. I do have some alt but I prefer to still go in BTC. As we know that some alts were arises also when BTC increases. As many altcoins already shut down or no improvement its really risky to invest with them. Like what Waves happened that still no big developments or news to atleast hype their project. So we need to be careful in investing long term.