Why I am focousing more on $ALTS than Bitcoin

[NeuroticFish]

Altcoins can indeed big returns, but they are also riskier than Bitcoin. "Altcoin season", "DeFi FOMO" may have been somewhat started, but that doesn't make all altcoins good for investing and even the good ones can be tricky.
So the guys with more years of investing behind them usually advise that the crypto portfolio has at least 50% Bitcoin and the rest has to be divided between multiple altcoins.

[semobo]

Whenever the dominance of bitcoin decreases the price of it increases which also affects the altcoin price to increases which means altcoin's market caps are increased.So there is no reason to skip one for another it is better to invest on both but bitcoin is just a single coins where as alts is combinations of thousands of tokens and coins its really hard which one to choose particularly.

Investing in both, bitcoin and altcoin will give you good results if you know how to handle your trading skills. When it comes to altcoin, this will be a difficult one as there are so many alts to choose from. You need to choose wisely when it comes to alts because most of them are only short-lived so in my opinion, better stick to established alts with promising developments on the way. At least you can never go wrong that they will still be in the market even after few months of holding.

Well established coins can also disappoint us if the market condition is bad because everything here is totally unpredictable but sticking with those coins can reduce the risk of losing the capital amount completely which is not possible with new tokens and coins.

New projects can give huge profits but the chances of happening is very less and also it is like one time offer for many legitimate projects as well.

[batang_bitcoin]

If that is your preference and you're better with the altcoins market, you can stay on it and be more productive. There's just these investors and traders who are confident with their alts holding.
While us, we like to allocate more with bitcoin as we're all believing the future of bitcoin and we're more for holding than trading. Although, I have also alts to be specifically included in my portfolio.

Already Bitcoin has proven its potential with its growth to the world. When it comes to altcoins, the success has been recorded with limited number of altcoins among the 6500+ available ones. Every cryptocurrency user should have an altcoin holding, but there needs to be a clear learning about the altcoin added to the portfolio. Altcoins provide bigger profit than bitcoin, for the same one needs to be lucky and knowledge to select the right altcoin.

There's no requirement that everyone has to be an altcoin holder. And there's also no requirement for everyone to be a bitcoin holder. But going with the safer side, it's less risky if you'll be on the side of being a bitcoin only holder even without alts. Time changes and in the long run, a person who's just a bitcoin holder will start to convey and think of if he's good to expand his investments with altcoins. There's nothing wrong with that as what matters is you know well your investments, the alts you buy.

[Johnyz]

We have so many options with the alts and they are working very well in the past weeks so my eyes was on the alts as well despite of the $12k hit o Bitcoin. We can't focus on bitcoin a lone when we know that there's a lot of opportunities on alt market. If you see a golden opportunity to buy on a cheaper price of good altcoins better to grab it than to say sorry later on.

[pallang]

many people are more focused on altcoins than bitcoin the main factor in because the price of bitcoin is already very high of course to get a big profit
has a small possibility but if you invest in atlcoin will give you big profits in a short time if we really understand how it is altcoin

I dont think bitcoin price is already very high because bitcoin is only recovering to its massive price  dump last 2018. I agree that investing into alts especially defi tokens will give you huge profit if you invest.

[LbtalkL]

Apart from technical analysis some people focuses on ALTS hoping for a x100 - x1000 or more returns that they missed when bitcoin just launched before. Bitcoin movement now is not that big I guess not more than 15% but on alts you can easily have 100% if you selected a good coin. But of course we will diversify our assets consisting bitcoin and altcoins.

[Smitty Werben Man Jensen]

many people are more focused on altcoins than bitcoin the main factor in because the price of bitcoin is already very high of course to get a big profit
has a small possibility but if you invest in atlcoin will give you big profits in a short time if we really understand how it is altcoin

I dont think bitcoin price is already very high because bitcoin is only recovering to its massive price  dump last 2018. I agree that investing into alts especially defi tokens will give you huge profit if you invest.

The highest price of Bitcoin is $ 19000, now the price is still at $ 11000, of course this has improved quite a bit,
but if the Bitcoin price can be above $ 19000 I can say that the price of Bitcoin is very high, for now it's better to enter altcoins

[eaLiTy]

Well I would look for the ALTS MARKET CAP closely now, as it's the major indication of BTC continues uptrend. According to this projection it's not even the beginning of our upward wave I wrote on weekends.

Let's wait the fixation above 12k$ & Alts Market Cap outflow.

It is a much broader term to focus on the altcoin market, what are the coins you are focusing as there are thousands of coins in the market and not everyone will move higher even when the BTCitcoin market moves higher or the top altcoins starts rallying. The charts are one aspect but i would like to know why you think that the investors will invest heavily in the altcoin market and especially in that what are the coins you think will have the uptrend.

The chart is not clear, if you included all the shit coins then the output will be completely wrong.

[chesatochi]

At least keep a portion in BTC, and have fun with all the projects that moon lately where you can make huge amount of profit.

[unusualfacts30]

I don't see why one cannot focus on both at the same time specially since many altcoins are still dependent on bitcoin for their value. It is best to diversify instead of focusing on one part of the market while ignoring the other part.

[electronicash]

I don't see why one cannot focus on both at the same time specially since many altcoins are still dependent on bitcoin for their value. It is best to diversify instead of focusing on one part of the market while ignoring the other part.

because if you just have few thousands to invest in crypto you might not get more usd if you focus only to BTC. there is just more to profit with altcoins especially if you have bought early when prices of the tokens are just less than $0.10. there are more of these tokens right now than buying expensive tokens already like ETH.

Aave for instance still is 0.60USD while Nimiq is just $0.004 which one will you want to have since both have a good chance to rise up?

[Kocret02]

altcoins are on the rise due to the strong market influence. it won't be easy to make altcoins experience a significant increase. Nowadays there are many types of altcoins in crypto, and altcoin holders are focused on the altcoin upside chart

[Fakhrulenclix]

I appreciate your data about the market cap, I also focus on altcoin than bitcoin but not because of the market capitalization but because the profitable, I see altcoin is more promising profits than bitcoin, bitcoin already so high and for people who only have small funds like me can't make perfect profits when investing in bitcoin. High risk high return

[Fredomago]

altcoins are on the rise due to the strong market influence. it won't be easy to make altcoins experience a significant increase. Nowadays there are many types of altcoins in crypto, and altcoin holders are focused on the altcoin upside chart

Alt coins investors are more on hypes, they are looking for opportunities that can bring a much quicker outcomes, there
are many projects that have offers where investors can generate good profits, but the risk is too high once the developers
are not serious and only after with the invested money coming from people who did not do the research. Pick the right
alts and enjoy the profits.

[MCobian]

Your analysis regarding the increasing altcoins market cap is indeed a good reason for us as investors to focus on investing in some of
the top altcoins to generate big profits. But that doesn't mean the decline in Bitcoin dominance makes us move everything the bitcoins
we have become altcoins. Still, the investment portion in Bitcoin must be greater than altcoins, so the best investment 60% in Bitcoin
and 40% in altcoins.

[Kunnu]

Basically it's all depends on which one can be more beneficial at this time Bitcoin or a best performing altcoin if I see a suitable altcoin which can give me more profit than btc so I would definitely invest on it to make some good amount of profit after all it can be wise decision to pick that way where you find more benefits.

[$crypto$]

Apart from technical analysis some people focuses on ALTS hoping for a x100 - x1000 or more returns that they missed when bitcoin just launched before. Bitcoin movement now is not that big I guess not more than 15% but on alts you can easily have 100% if you selected a good coin. But of course we will diversify our assets consisting bitcoin and altcoins.

It is also difficult to find a better altcoin for 100% return even though bullrun can be expected but altcoins are not fully increased by 10x I try to find altcoins that are difficult to find because now it is different from before, bitcoin has indeed experienced a tremendous increase then with altcoins requires investor confidence to pump further and altcoins will eventually crash too.

[crzy]

At least keep a portion in BTC, and have fun with all the projects that moon lately where you can make huge amount of profit.

No matter what you are doing, you should not forget to hold bitcoin because it is still valuable and it can go up high again. Anyway, I'm also monitoring the alt market especially the DeFi projects because many investors are coming into this new platform and we have to join that hype to earn as well. Some old altcoins was able to pump as well, so you should look into it and see if you still have that tokens, time to sell maybe.

[ScamViruS]

Basically it's all depends on which one can be more beneficial at this time Bitcoin or a best performing altcoin if I see a suitable altcoin which can give me more profit than btc so I would definitely invest on it to make some good amount of profit after all it can be wise decision to pick that way where you find more benefits.

Yeah. When you are a trader then you must want to know how to make more profit. For this the trader wants to take advantage of every opportunity. Since, DeFi hype has been created in the altcoin market which is why the coins of DeFi projects are being pumped.

Traders now have the opportunity to make quick profits from DeFi project coins. If you are an experienced trader then you can get good results in any market. I have seen a lot of traders who prefer to trade in that trend when it starts. And most of the time their decisions are right.

[jacafbiz]

There is no doubt that the growth potentials in Altcoins is far above that of Bitcoin, your choice depends on the your appetite for growth because both would still grow. Another thing is that Bitcoin represent stability, you can invest into BTC today and leave it for 10years and you will be sure the coin would still be trading in 10 years but you can say this about most of these ALtcoins