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Author Topic: Bitcoin vs Altcoins  (Read 445 times)
Rruchi man
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October 08, 2021, 04:29:24 AM
 #41

Other than a complete dump of your altcoin, why not share your portfolio amongst the two either Bitcoin and other coin so you don't miss on both opportunity.

This is what i do, i personally did not jump early onto the bitcoin project so i am not one of the top gainers from btc. So in order not be a latecomer to some other promising altcoins backed by good projects, i have identified them and have a percentage investment in them. Not so many though, so i can keep track. Also, regardless of the fact that btc has good ROI, i consider investing in it alone as "putting all your eggs in one basket".

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tvplus006
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October 10, 2021, 09:26:58 PM
 #42

... Anyways, any feedback is appreciated. Call me a crazy bitcoin maximalist, tell me I'm making the best decision possible or anything in between

If you consider yourself a bitcoin maximalist, then you can still benefit from altcoins. And the best solution for you will be trading altcoins paired with bitcoin. Thus, with a successful trade, you will be able to increase your deposit in BTC. Or direct your profit received from altcoin trading to buy bitcoins.

KingsDen
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October 11, 2021, 10:17:34 PM
 #43

I assume that you are not a trader because a trader will not think of making is portfolio 100% bitcoin. Then, bitcoin drives altcoins, if you diversify(which I don't understand the concept), if bitcoin dips there is high tendency that the altcoins will dip too. Bitcoin is the King, yet there will never be a time that it will exist alone again. But she will witness generations of altcoins, some will come and die, others will emerge. So, my advice is 50% of your portfolio should be btc while you use the rest to research other coins that can give you x20, x100 etc in a short while, because bitcoin might not do it any soon.

R


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