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

[posi]

My portfolio consists of Bitcoin + what I'm willing to lose on shit coins. I mean if one of them goes 1,000x, that's the dream.

There's a chance for some good altcoin to get the x1000 you said but that occasion will be determined by the outcome result of the upcoming bitcoin halving and i believe accumulating more of the coin which will determine what will happen in the market is the safer way to invest.

[ElephantPro]

My portfolio consists of Bitcoin + what I'm willing to lose on shit coins. I mean if one of them goes 1,000x, that's the dream.

There's a chance for some good altcoin to get the x1000 you said but that occasion will be determined by the outcome result of the upcoming bitcoin halving and i believe accumulating more of the coin which will determine what will happen in the market is the safer way to invest.

I mean yeah. Bitcoin is still king.

[jacafbiz]

I believe BTC will still give a decent to good return again this year also I have a feeling all these Bitcoin forks will outperform it and we can see that. I have been saying this since January that people need to watch out for these forks because they are very easy to pump their prices and they will also want to claim legitimacy because this i the first halving some of them will experience affect fork

[Febo]

BTC most of the time determines the prices of other altcoins though there is some slight resistance i really dont think is that much so i will advice you watch the market closely and get out as soon as you take much better profit

Not always. In 2019 Bitcoin almost doubled in price, while most of alts stayed the same or even lost value. It will for sure not be same in 2020. Every coin have some own flows. Yes some are more connected to Bitcoin some are way off. Coins without any use case will slowly go towards zero no matter what.

[patz22]

Currently, BTC is dominating the market and it is pumping, longers are winning it for now but who knows if this is just a bull trap though when it comes to altcoins since they are bleeding or pumping little by little, it is also good to take the risk since possibly it can be a bull run for the whole market though it is really hard to choose with a lot of coins in the market.

[Samthehero]

Alts have a much higher beta than Bitcoin. You may lose the house betting on some alts.