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

[peter0425]

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 should have put atleast 30% of your Folio for Bitcoin and that is the perfect diversification ,because Bitcoin must pump first before you gain from altcoins so better you have it on your holdings aside from sets of alt.
anyway it is your money Goodluck for that.

[killerfrost]

Before you want to invest in altcoin, you need to own some BTC to make your portfolio perfectly balanced. And don't try to invest too much altcoin because you have a hard time managing it. $ 2000 is a great amount of money to invest in this market, you should spend 1000 $ to buy Bitcoin and the rest to buy the altcoins you value as well and at the bottom to hold

[milewilda]

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?

Im not saying youre a gambler yet you do know the risk on acquiring or doing such step.You are ready to lose up that $2k investment of yours.
Diversifying is good but partitioning it into many parts will really just make you confuse.I would rather have 60% on BTC and 40% on alts
maybe 2-3 of them and its not necessarily for you to put each one of them.It do divides the risk but also divide out the potential profits you
can possibly make.

[malekbaba]

$2K is standard amount to start with. Alts are much volatile and short lived usually. Due to higher price fluctuation, your probability of making profit/loss will be higher. And most of them are short lived too. If you are unfortunate and fail to enter/exit in time, you will lose your 2k. Top 10 alts are a bit different from others though.
I would split my investment into btc and alts. or would invest all of money into btc. It is your money after all, and you know the pros and cons, so you should do whatever you think Right to do

[kro55]

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?

From crypto historical data it's now getting evident that alt coins prices are very tightly coupled with BTC. Alt coins cant go up if BTC is down and vice versa. Going for alt coin is not a great idea, since BTC is the king of market. I suggest 60% must be bitcoin.

[GucciBoy]

Once the market moves again, alts will greatly outperform BTC, no question about it.
I hold a small portion of BLOCK, and it's been rising pretty nicely the past week (+70%), and seems to continue, a few other alts of mine has done pretty neat as well.

Overall, it's all about your timing on these alts, and what you choose to invest in. Blocknet moved a lot because they work on Decentralized Oracles, and got a first mover advantage on DEX developments, which is why investors is buying in now to get their node I guess. (5k coins required). Node owners profit from the oracle services + trading fees on the DEX + block rewards, so it's no wonder this project is on a lot of peoples radar.

Overall, your position in the top 20 alts is not a bad move either, and I'm sure you'll do good

[bitgolden]

Alts definitely have far greater profit chances, that is never been a lie and has always been true, yet the fact stands that there is a bigger chance of losing as well, which is why people have been worried to go into altcoin market. Don't get me wrong it all depends on which altcoins we are talking about, there has been so many scam and shady coins that people are only trusting the top ones, that is why what I am saying here doesn't go beyond top 50 at all but for those in top 50, people know that they can make a great profit from buying it, but they could lose a lot from it as well, which is why they usually refrain from going all-in unlike when they do for bitcoin.

Bitcoin is a more stable (funny, only thing bitcoin could be stable compared to is altcoins, for stocks and commodities bitcoin is volatile like hell) and sure thing to invest into and that is why they usually make their investments depending on what they expect.

[Oceat]

It is all up to you OP if you feel you like to gamble because you believe that those top 20 coins will give you the profit that you wish to make in the future then why not. But if you were here already before you will know that most of the common investment is Bitcoin than choosing alts as their main investment. You must know how seldom it is to see the alt season grow together with Bitcoin because most of the time Bitcoin is the only one that could affect almost the entire market.

[puremage111]

Well definitely
Alts price are price in satoshi, satoshi is the unit of Bitcoin

If the whole market were to move, Alts exposure are definitely more because it is not directly pegged to USD but 2 layer

[Hairynipples]

Thanks for everybody's input, It's been interesting reading everyone's opinions 

I figure that due to the fact that all Alt's have a far lower market cap than Bitcoin it will take a far smaller amount of newly invested money to drive prices up by a far higher percentage.

All coins in my portfolio are in the green today so I'm hopeful I made the right choice 

 

[DosManos]

well right now most of the altcoins are in bottom
i had that feeling about dash, zec and etc and that proved to be right
i believe that other altcoins will follow
so greater loss with altcoins is less likely
BTC is more volatile now

[adroitful_one]

Investing in alts is really risky. It's really a risk versus reward thing. You can invest in Bitcoin and for the most part you'll be safe as long as you hold long enough. But, you may only make on average 50% a year or something. Which, is still a lot better than anything else you'll invest in by the way. Or, you can invest in alts and have the opportunity to earn big money. The problem is, that altcoin you invested in may be completely worthless in a year or two.

[VanDeinsberg12]

Thanks for everybody's input, It's been interesting reading everyone's opinions 

I figure that due to the fact that all Alt's have a far lower market cap than Bitcoin it will take a far smaller amount of newly invested money to drive prices up by a far higher percentage.

All coins in my portfolio are in the green today so I'm hopeful I made the right choice 

 

When you are a trader and Mcap doesn't matter a lot. Altcoin becomes the secondary choice caused by what you have already mentioned if even small traders can join in the market to make profit.
Again, a small marketcap doesn't always if that will give you bad result and we are altcoin holders just always to make sure we have picked the right coin.
I hope we will see another big waves for altcoin very soon. 

[wajik-tempe]

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 should have put atleast 30% of your Folio for Bitcoin and that is the perfect diversification ,because Bitcoin must pump first before you gain from altcoins so better you have it on your holdings aside from sets of alt.
anyway it is your money Goodluck for that.

I agree for safety play we should save at least 30%-50% of bitcoin in our portofolio. But then it's always back to the owners, higher risk higher returns and when we really sure about the coin's potential, we could go all in to the coin but it's still with high risk even you're really sure. So the choice is from the owner itself

[BuxCoin]

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?

good thing is you have divided your investments and to many coins so even if 10 coins make loss other 10 coins will bring you good profits , keep watching improvements in the project and feed the good coins and starve the bad coins

[Hypnosis00]

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?

good thing is you have divided your investments and to many coins so even if 10 coins make loss other 10 coins will bring you good profits , keep watching improvements in the project and feed the good coins and starve the bad coins

Then, this will seems to be good? I don't think that it gives us profit but it all just a waste of time.
We don't need to be blinded enough to see Bitcoin's profitability. There is no question of how it works and considering altcoins for another investment aside from Bitcoin, its gonna be suicidal (IMO).

[cryp24x]

It is a fact that there is a greater returns to Altcoins that is why people who are not yet satisfied with Bitcoin's profit go for Altcoins. But we all know also that there is a greater risks on investing on Altcoins because your money have the tendency to be totally gone when you chose shitcoins. Be careful on choosing Altcoins. I think we go for the top 5 or 10 Altcoins.

[calandra78]

It is a fact that there is a greater returns to Altcoins that is why people who are not yet satisfied with Bitcoin's profit go for Altcoins. But we all know also that there is a greater risks on investing on Altcoins because your money have the tendency to be totally gone when you chose shitcoins. Be careful on choosing Altcoins. I think we go for the top 5 or 10 Altcoins.

yes, with limited capital or a small amount, of course, the benefits to be gained from altcoin can be greater than bitcoin. but it all depends on the asset chosen. bitcoin is still a good long term investment than altcoin. because of altcoin, I think it would be better for a daily trade or a short-term investment.

[topbitcoin]

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 wouldn't say people stupid as long they already know the risk. Maybe you are brave, because want to speculate in altcoin although already know if altcoins have possibility to dumped again (actually bitcoin too, but maybe not much like altcoins) and i hope you can get your profit with it.

[nickenburg]

I always love alts, but what is the hardest thing for me is when I have a certain alt that I think is going to do good.
It's to hard for me to sell, with the fear of missing out if it ever goes up.
I have done it many times now and never seem to learn, where sometimes it would be worth a lot and I couldve sold it and actually buy a top 10 alt that's actually good, instead of some useless allt.
So my advice will be really invest in the alts that are already established and are going no where, they are here to stay and have a solid foundation and clear goals.