batang_bitcoin
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March 03, 2024, 11:21:45 AM |
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Altcoins for short term are for real but nothing beats Bitcoin and that's a real thing. If you happen to have a lot of spare money to invest and you're packed already with Bitcoin. That's the time you might want to think that it's now time for you to start buying some altcoins you think are beneficial for you. Not all of them are going to be profitable because as in short term goals of making a profit, you need to be hyperactive at all times because if you're late on it, you'd definitely lose your capital and miss that making profits.
I have good chunks already mate and also have my altcoins and ready for what will market brings yet I am posting about the reality now and it is not always the best interest and strategy to just buy and Hold bitcoin instead this will always have accompanied by altcoins (at least this is what I learned and do in the past few years) but yeah I am not telling anyone to act as how I do but at least they will pay attention to what will happen if go all in or diversified folio. Yeah, I understand you and whatever works for you should you follow that. I have altcoins too but I know what works better for me as I have got a lot of failure when I was too hyped and aggressive with altcoins. But if you have a better stash and allocation for altcoins then that is better.
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Sophokles
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March 03, 2024, 11:32:47 AM |
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I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin. Any suggestion from your side which is good for long term
Instead of selling a portion of your bitcoin and reinvest it into few other altcoin why don't you take a loam on top of your bitcoin and invest them to the altcoin. Most of the lending platform take wrap bitcoin as collateral which you can use to borrow stablecoin. You can pay back your stablecoin by making profit in the altcoin and unlock your bitcoin.
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Dr.Osh
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March 06, 2024, 01:15:31 AM |
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For someone to have the privilege of holding 1btc, then i will advise that the person should use half of the money to hold bitcoin while he can use the other half for investment on other cryptocurrencies by spreading on more than three other coins he have developed interest to make in investment in, it is also very important that we make research enough about any altcoin before investing, in this, we can have the assurance that all eggs are not on the same basket.
Actually OP is very right to hold bitcoin. That's because the risk level is small, and If the OP is still holding the bitcoins he has since he opened this topic, he has already made quite a profit. even more so if he has 1 bitcoin. It's just that, if he wants to invest in altcoins, then nothing is better than popular altcoins. additionally, he needed to do in-depth research and study. Because when he chooses the wrong altcoin to invest in, the value of the assets he owns will decrease very quickly.
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rodskee
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March 06, 2024, 07:46:49 AM |
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Investment is one of the investments that we can expect to profit at some point in the future. if you really plan to invest the funds you have, just invest all in btc. leave it alone and expect the earnings in a few years later
Everyone has their own opinion, but I suggest investing 50% in Bitcoin and the remaining 50% in Ethereum and other altcoins. Altcoins have the potential to provide significant profits. For instance, Matic coin has given 100x profit to its early investors. Therefore, investing some money in Bitcoin and the rest in altcoins is my strategy. Actually that is diversification mate , this is what is best for what we must do now because I believe that the market should not only for single coin instead to bring more choices and opportunity to increase our profit.remember that altcoin is also a good investment option but if we know which to choose and what are the chances to grow .
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Reatim
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March 06, 2024, 09:32:06 AM |
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Altcoins for short term are for real but nothing beats Bitcoin and that's a real thing. If you happen to have a lot of spare money to invest and you're packed already with Bitcoin. That's the time you might want to think that it's now time for you to start buying some altcoins you think are beneficial for you. Not all of them are going to be profitable because as in short term goals of making a profit, you need to be hyperactive at all times because if you're late on it, you'd definitely lose your capital and miss that making profits.
I have good chunks already mate and also have my altcoins and ready for what will market brings yet I am posting about the reality now and it is not always the best interest and strategy to just buy and Hold bitcoin instead this will always have accompanied by altcoins (at least this is what I learned and do in the past few years) but yeah I am not telling anyone to act as how I do but at least they will pay attention to what will happen if go all in or diversified folio. Yeah, I understand you and whatever works for you should you follow that. I have altcoins too but I know what works better for me as I have got a lot of failure when I was too hyped and aggressive with altcoins. But if you have a better stash and allocation for altcoins then that is better. Same as how I respected yours mate , and that is what others need to understand that we have orur own ways of investing and if what strategy fits us and making us money then we must focus on that though i am not denying to read and try to apply others of course for profiteering .
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Essential10
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May 19, 2024, 04:02:21 AM |
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The price of Bitcoin has increased a lot now, hopefully it will increase more so try to hold your Bitcoin for longer. The price of bitcoin has increased but it is not that after few months bitcoin will give you double or triple of current price. It is only up to you that you will understand better where you will be because the money is yours. OP, Now if you were to sell some of your bitcoins and invest in alt coins I think you could be in for a lot of trouble. But I can only add Ethereum coin as an investment because it is suitable for long term investment like Bitcoin.
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Ludmilla_rose1995
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May 19, 2024, 10:07:07 AM Last edit: May 19, 2024, 10:37:43 AM by Ludmilla_rose1995 |
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I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin. Any suggestion from your side which is good for long term
Have you ever heard of DEFI? Currently there is a staking program, where you can buy a crypto asset (such as WBTC or ETHEREUM) and you get dividends from that staking, this is a good thing especially if you plan to invest long term so staking is something I really recommend, you You can also do DCA by staking, currently there are many coins that provide a staking feature for their token investor
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terrific
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May 19, 2024, 01:36:53 PM |
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But I can only add Ethereum coin as an investment because it is suitable for long term investment like Bitcoin.
I agree about owning ETH, if you're going to extend your portfolio. Ethereum is one of the best additions that you can ever have. Many investors like to do it with meme coins and other random coins but there's no assurance with them so trust the reputable ones like ETH.
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batang_bitcoin
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May 19, 2024, 11:14:12 PM |
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Yeah, I understand you and whatever works for you should you follow that. I have altcoins too but I know what works better for me as I have got a lot of failure when I was too hyped and aggressive with altcoins. But if you have a better stash and allocation for altcoins then that is better.
Same as how I respected yours mate , and that is what others need to understand that we have orur own ways of investing and if what strategy fits us and making us money then we must focus on that though i am not denying to read and try to apply others of course for profiteering . Yes, but for the newbies. They need to be careful with what they do because they are the most gullible people out there. If they have 1 BTC and they want to invest to altcoins, much better if they keep the 1 BTC and start investing with whatever they have as the source and not to use that btc holding. Have you ever heard of DEFI? Currently there is a staking program, where you can buy a crypto asset (such as WBTC or ETHEREUM) and you get dividends from that staking, this is a good thing especially if you plan to invest long term so staking is something I really recommend, you You can also do DCA by staking, currently there are many coins that provide a staking feature for their token investor
Staking is passive income but the percentage changes and the genuine ones have a fair percentage that doesn't go that much of more than 10% yield annually.
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FinneysTrueVision
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May 20, 2024, 12:29:27 AM |
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Have you ever heard of DEFI? Currently there is a staking program, where you can buy a crypto asset (such as WBTC or ETHEREUM) and you get dividends from that staking, this is a good thing especially if you plan to invest long term so staking is something I really recommend, you You can also do DCA by staking, currently there are many coins that provide a staking feature for their token investor
Staking is passive income but the percentage changes and the genuine ones have a fair percentage that doesn't go that much of more than 10% yield annually. Returns greater than 10% are possible but there is also going to be greater risk. The more yield you are promised, the more likely you are to suffer impermanent loss. Stablecoin investments tend to be safer, but the yield you earn might barely be enough to offset inflation and in the longer term it will perform worse than just holding Bitcoin. In fact, almost every altcoin will do worse than Bitcoin. It’s not wise to just start throwing money at a bunch of random altcoins. The best DeFi investment strategy is the one that maximizes your (wrapped) Bitcoin earnings.
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OrangeII
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May 20, 2024, 06:31:42 AM |
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But I can only add Ethereum coin as an investment because it is suitable for long term investment like Bitcoin.
I agree about owning ETH, if you're going to extend your portfolio. Ethereum is one of the best additions that you can ever have. Many investors like to do it with meme coins and other random coins but there's no assurance with them so trust the reputable ones like ETH. Well, in general, 1 bitcoin is a very good investment for now, and I don't recommend splitting it into altcoins. However, if one wants to do that, I also think that Ethereum is one of the coins that would be great to include in one's portfolio. In fact, I feel that the best coin after bitcoin is Ethereum.
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Asyifiah
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May 20, 2024, 07:49:44 AM |
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If you have a lot of money, it is very easy to manage several altcoins besides Bitcoin. There are several altcoins that can be invested in, such as Eth, ADA, and also BNB. These three altcoins already have a lot of market popularity and are also the choice of investors. Your attitude in buying altcoins is very good for stabilizing profits if the altcoin you want to buy enters a bull run.
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batang_bitcoin
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May 20, 2024, 10:31:45 AM |
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Have you ever heard of DEFI? Currently there is a staking program, where you can buy a crypto asset (such as WBTC or ETHEREUM) and you get dividends from that staking, this is a good thing especially if you plan to invest long term so staking is something I really recommend, you You can also do DCA by staking, currently there are many coins that provide a staking feature for their token investor
Staking is passive income but the percentage changes and the genuine ones have a fair percentage that doesn't go that much of more than 10% yield annually. Returns greater than 10% are possible but there is also going to be greater risk. The more yield you are promised, the more likely you are to suffer impermanent loss. Stablecoin investments tend to be safer, but the yield you earn might barely be enough to offset inflation and in the longer term it will perform worse than just holding Bitcoin. In fact, almost every altcoin will do worse than Bitcoin. It’s not wise to just start throwing money at a bunch of random altcoins. The best DeFi investment strategy is the one that maximizes your (wrapped) Bitcoin earnings. Yes, that's like the standard and more than that will be at great risk. So, if you're staking such and you have invested to some stable coins or staking coins, you know what you are up to and you have no problem holding them there for quite a while. While some of the staking requires you a period of time to lock it, it's best to choose the ones with flexible terms so you are free to withdraw anytime you wish.
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rodskee
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May 20, 2024, 10:56:13 AM |
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If you have a lot of money, it is very easy to manage several altcoins besides Bitcoin. There are several altcoins that can be invested in, such as Eth, ADA, and also BNB. These three altcoins already have a lot of market popularity and are also the choice of investors. Your attitude in buying altcoins is very good for stabilizing profits if the altcoin you want to buy enters a bull run.
you forgot to mentioned Solana mate as it is also gaining popularity nowadays ? and also there are Meme coins that is taking over the market several times now while other coins is still struggling to make its way up.
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terrific
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May 21, 2024, 10:43:50 PM |
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But I can only add Ethereum coin as an investment because it is suitable for long term investment like Bitcoin.
I agree about owning ETH, if you're going to extend your portfolio. Ethereum is one of the best additions that you can ever have. Many investors like to do it with meme coins and other random coins but there's no assurance with them so trust the reputable ones like ETH. Well, in general, 1 bitcoin is a very good investment for now, and I don't recommend splitting it into altcoins. However, if one wants to do that, I also think that Ethereum is one of the coins that would be great to include in one's portfolio. In fact, I feel that the best coin after bitcoin is Ethereum. Yes, as long as you will not spend that 1 btc for any altcoins at all, that's already a good investment that you can hold on even until it becomes $1M. ETH has pumped lately because of the rumors about the ETF approval but we still need to wait for the actual approval or rejection.
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AmoreJaz
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May 21, 2024, 10:56:08 PM |
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If you have a lot of money, it is very easy to manage several altcoins besides Bitcoin. There are several altcoins that can be invested in, such as Eth, ADA, and also BNB. These three altcoins already have a lot of market popularity and are also the choice of investors. Your attitude in buying altcoins is very good for stabilizing profits if the altcoin you want to buy enters a bull run.
you forgot to mentioned Solana mate as it is also gaining popularity nowadays ? and also there are Meme coins that is taking over the market several times now while other coins is still struggling to make its way up. It is only advisable to invest in various alts if you have the luxury of time of keeping up with them. Otherwise, better stick to top alts like BTC or ETH. It is quite challenging to follow a lot of alts, because there will be a time that you will forget to check their status in the market. Some of them will exit without prior warning, hence, you will be holding bag of worthless coins or tokens. It is good if you can follow them diligently as you can really make good money out of it because some new alts will pump hard, and if you get the right timing you can multiply your initial investments fast, but if not, you will lose a lot.
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rodskee
Full Member
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May 22, 2024, 05:55:41 AM |
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If you have a lot of money, it is very easy to manage several altcoins besides Bitcoin. There are several altcoins that can be invested in, such as Eth, ADA, and also BNB. These three altcoins already have a lot of market popularity and are also the choice of investors. Your attitude in buying altcoins is very good for stabilizing profits if the altcoin you want to buy enters a bull run.
you forgot to mentioned Solana mate as it is also gaining popularity nowadays ? and also there are Meme coins that is taking over the market several times now while other coins is still struggling to make its way up. It is only advisable to invest in various alts if you have the luxury of time of keeping up with them. Otherwise, better stick to top alts like BTC or ETH. It is quite challenging to follow a lot of alts, because there will be a time that you will forget to check their status in the market. Some of them will exit without prior warning, hence, you will be holding bag of worthless coins or tokens. It is good if you can follow them diligently as you can really make good money out of it because some new alts will pump hard, and if you get the right timing you can multiply your initial investments fast, but if not, you will lose a lot. well yes, specially when you are talking new projects? this is a hard position because the risk is always there , better to keep your coins on track because the more we risk is the more we have chance to earn. and I am done in checking each coins status because I believe that in top coins we don't have to do this.
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redsun114
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May 22, 2024, 09:23:43 AM |
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If you have a lot of money, it is very easy to manage several altcoins besides Bitcoin. There are several altcoins that can be invested in, such as Eth, ADA, and also BNB. These three altcoins already have a lot of market popularity and are also the choice of investors. Your attitude in buying altcoins is very good for stabilizing profits if the altcoin you want to buy enters a bull run.
you forgot to mentioned Solana mate as it is also gaining popularity nowadays ? and also there are Meme coins that is taking over the market several times now while other coins is still struggling to make its way up. Only someone with no investment knowledge would sell their Bitcoin only to buy meme coins because meme coin investments are literally like gambling, there are no guaranteed profits from meme coins even if it is a meme coin that is already popular, it is never guaranteed to perform because their price value increases only if they are hyped and if there are a lot of investors investing in them, otherwise, they will stay stagnant forever and then die. It's good if someone makes an investment in good altcoins after converting a portion of their bitcoins because diversification is a good thing, but the person will need to make sure that they are not wasting their money by investing in meme coins or even if they do, they should only invest a very small portion of it.
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rhodelmabanal
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May 22, 2024, 01:19:52 PM |
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I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin. Any suggestion from your side which is good for long term
There is a lot of altcoins that can possibly give you a profit you need to select a good one or two, for now i think it is not too late to invest in different or top altcoins because bitcoin is just starting to rise and there is no other good option for now than selecting a good coin and hold because after bitcoin rise altcoins will surely follow.
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MiF
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May 22, 2024, 01:29:26 PM |
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I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin. Any suggestion from your side which is good for long term
There is a lot of altcoins that can possibly give you a profit you need to select a good one or two, for now i think it is not too late to invest in different or top altcoins because bitcoin is just starting to rise and there is no other good option for now than selecting a good coin and hold because after bitcoin rise altcoins will surely follow. based on my own understanding i think you are right in terms of buying and holding altcoins right now,that is a good strategy in the start of bull season, we cant deny that we are now at the start of a bull season and the start of rising of price of some good altcoins they are listed on coingecko and CMC tou can find it there and select.
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