Bitstar_coin
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June 24, 2023, 08:10:06 PM |
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The way alts keep disappointing and dumping heavily i don't think it is a good idea to waste your btc on any of them until the market is fully on bull run mode. If i were you, i would rather hold my btc for now and watch the market, wait for anything that looks like altcoin season before buying any alts, btc will always reign supreme. Only buy alts when the market is green enough.
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jaberwock
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June 25, 2023, 02:56:42 PM |
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Bitcoin is the most important thing you should look after than altcoin because you can't factor out how it would disappear in the crypto market. The last dip I had seen people crying out loud on their lost in some hype project that seeked their attention but the dip emptied their investment and they weren't able to recover or they sold out the little percentage that was left with them. Naturally, anyone who doesn't have that patient to hold long should go into bitcoin investment than buying some altcoin sells within 3 month to 6 months while for bitcoin investment is expected for at least 1 year and above for good profits.
Yes, he knows it already, that is why he already have a 1 BTC but maybe he got bored lately and he also saw the headlines about those old and new altcoins who were pumping unexpectedly. That makes him more encouraged of trying them. I think investing in a tiny amount wouldn't hurt even when our altcoin investment fails. We still have more Bitcoins left and there is always a chance for us to recover what we lost in the past. If we are sure that the coin that we hold won't recover anymore, then there is no point of holding it anymore. This is often the case that happens in the new coins or hype coins. For those who don't have a patient to HODL longer, Bitcoin will still be a bad choice for them because the real potential of BTC doesn't come out easily.
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Adbitco
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June 26, 2023, 08:33:55 AM |
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Snip
Yes, he knows it already, that is why he already have a 1 BTC but maybe he got bored lately and he also saw the headlines about those old and new altcoins who were pumping unexpectedly. That makes him more encouraged of trying them. I think investing in a tiny amount wouldn't hurt even when our altcoin investment fails. We still have more Bitcoins left and there is always a chance for us to recover what we lost in the past. If we are sure that the coin that we hold won't recover anymore, then there is no point of holding it anymore. This is often the case that happens in the new coins or hype coins. For those who don't have a patient to HODL longer, Bitcoin will still be a bad choice for them because the real potential of BTC doesn't come out easily. Lemme clarify something we don't always understand about altcoins; Altcoins are being created to distract you from focusing on bitcoin there were lots of altcoins created almost with same utilities and concepts but the difference there are just names and probably network configurations, at this point those projects that almost has same similarities between them are always competitive and most times they died unexpectedly after investors noticed the most useful project they dump one for another. As an impatient holder or investor you might end up with one of them which may result in total dump on you. Must projects owners knows the facts and may not want to revealed their true intentions towards his or her project. Like you said, over hyped projects often always end up this way due to much attention gain would makes them dumped quickly after investors might have noticed some slack back and weak points or has came to realize the reality behind the project. However, let us have this at the back of our mind that no investor planned to hold any hyped coin or shitcoin for longer all their intentions are being centered on profits aspect, so they invest for short period that is why as a crypto enthusiast the ability to outsmart others makes you a champion and a top leader. Then as a human I would also want you to view another points from project owners, when they noticed their projects is gradually dropping and declining what they does is to come with another strategies either by paying some famous cryptocurrency influencers to come make some noise on their projects to enable them gain attention, those who never noticed the project would definitely come to invest and if they do those who invested then might be lucky to sell and make their profits then leaving empty tokens to newbie investors that is when you always hear their cry talking about their investment is gone.
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nimogsm
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June 26, 2023, 07:53:18 PM |
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many people invest their own and bitcoins in other altcoins with only one goal to get the maximum profit and make more bitcoins from the transaction. But now, in my opinion, is not the best time to buy various assets. I am focused on bitcoin and now I am trying to save as much as possible and do not spend money on buying other tokens as they do not look stable and I see more risks than rewards.
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riskarcher
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June 26, 2023, 11:08:18 PM |
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Bitcoin will get profit if pumped only 50% until 100% but if you invest on altcoin will get profit until 1000%, that's why many people joining on altcoin if want instantly rich. But try with SOL, AVAX, and OP these are layer zero which is so far Not too volatile if compared with other altcoin what i know. Always DYOR every choice that you want
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TelolettOm
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June 26, 2023, 11:29:45 PM |
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If you are a long term investor then no need to taken others coin and still hold btc but just sold your profits, if you need to money. You can believe old coin which they have staking and others rewards programme. But don’t invest quickly in new project because there lot of risky now.
Sometimes people want to have another coin, they don't think it is enough to hold Bitcoin only. I think it is no problem to have another coin but it doesn't mean to sell the existing Bitcoin. He is better to buy an altcoin if he has an extra money, don' sell his Bitcoin. Anyway, what profits to sell? Do you mean sell some Bitcoin that is enough for claiming profits? I don't think it is a good idea, the number of his Bitcoin will be decreasing constantly in this way. I assume he is better to hold all the Bitcoin until the next bullrun season. Sure, investing in a new project is very risky. It is not recommended to invest in a new project, better to choose old top projects only.
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bitterguy28
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June 29, 2023, 07:02:55 AM |
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are you asking about diversifying that 1 bitcoin ?
then lets see what is safe and what is better depending to how long will you be handling the investments.
there is a List I have , and it is yours to follow or not .
1. 50% bitcoin
2. 20% Ethereum
3. 10% binance coin
4. 10% Tron
and the last 10% is diversified in some shitcoins and meme coins in which I admit to be risky and may lose all.
I think this isn't that bad, I wouldn't put that much on Tron though. Mine is VERY VERY close to yours and not really that complicated neither. I put 50% on bitcoin as well, exactly the same, 20% on ETH so exactly the same, and 10% on BNB so it is exactly the same on all of those. well that 10% isn't that much for me mate , because I have earned something good in the past and that 10% is just half of what i got from this coin. But instead of Tron, I split the rest into 3-4 different coins, that means they are much smaller and they won't make much change but they can't hurt it neither, BNB has dropped a lot and rest went a bit higher because of that, so it is more like 5-6% BNB instead of 10% and the other coins are a bit more like 15% instead, but that is a temporary situational thing. In the end we should be seeing this do a lot better and I believe that this type of investment is a lot more strong for the future.
agreed that we are almost the same on those investment sand what we do for diversifying is a good option and not putting all my eggs in single basket.
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lunnatic
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June 29, 2023, 07:07:39 AM |
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Bitcoin will get profit if pumped only 50% until 100% but if you invest on altcoin will get profit until 1000%, that's why many people joining on altcoin if want instantly rich. But try with SOL, AVAX, and OP these are layer zero which is so far Not too volatile if compared with other altcoin what i know. Always DYOR every choice that you want
Investing with altcoins does not mean we will get rich instantly, because still we need to buy and sell at the right time, many altcoins are worth investing in and it is important to do your own research.
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bastian466
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June 29, 2023, 03:21:20 PM |
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Choose to stay at one point in BTC rather than run to a new place where the direction and function of the advantages and disadvantages are not clear, it is clear that BTC is the number one coin, why should you hesitate, just use two strategies, half for long term investment, half for long term trading short. daily, weekly and monthly depending on market situation, stay on btc that's all i would do if it happened to me
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@sriyan
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June 29, 2023, 05:22:43 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
You can invest in a coin rather than a token. If you have bitcoins, my suggestion is to invest in Ethereum as well. Also, you can try out the new layer one and layer two ecosystem projects. Long time: BTC, ETH Medium time: ARB,OP, DOT, Solona Short time : Link or meme tokens
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$crypto$
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June 29, 2023, 08:36:59 PM |
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many people invest their own and bitcoins in other altcoins with only one goal to get the maximum profit and make more bitcoins from the transaction. But now, in my opinion, is not the best time to buy various assets. I am focused on bitcoin and now I am trying to save as much as possible and do not spend money on buying other tokens as they do not look stable and I see more risks than rewards.
There are some of them in one bitcoin asset, some of them have several assets from other coins to seek higher profits from bitcoin, all of which are still unpredictable, especially in new projects, they are still very high-risk but will be more on several other top altcoins. Sharing some percentage of the investment is also good with 50% bitcoin the rest can be done on more established altcoins in terms of high potential like ETH, BNB, ADA etc. I myself am Not so much on altcoins just focusing on bitcoin which is coming soon I will be waiting for the halving for a while, looking forward to the next ATH with a bullish season.
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terciduk123
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June 30, 2023, 04:07:30 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
Investing in Bitcoin is very correct, since Bitcoin is a major cryptocurrency and has the largest market capitalization and determines the direction of market movements. New Crypto/Altcoin is quite potential for long-term investments, Maybe you need to pay attention to Arbitrum and Optimis, both of them have networks that are widely used by users
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Sebas.tian
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June 30, 2023, 05:28:37 AM |
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If you want to try other coins, you need to carry out your personal research to know the coins that will bring you income that will make you happy to invest more so that you will earn more in the future. Now that the price of Bitcoin is preparing to hit back $40,000 before the end of December which will be favourable for you to add Bitcoin to your favorite coins, because whenever the price of Bitcoin increase higher in the market other cryptocurrencies will increase higher too, and it will help you to make huge amount of money from Bitcoin and other cryptocurrencies. I will advise you to spend small money on new coins, and spend big money on Bitcoin so that you will not regret when new coins fail.
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Dr.Osh
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July 01, 2023, 06:05:15 AM |
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I don't really understand, if you want to invest your bitcoins into altcoins then you have done the right thing. change the bitcoins you have in small amounts to the altcoins you want. Unless you believe that the potential of the altcoin can be faster than the price movement of bitcoin, then you can trade it in large quantities if you really have 1 bitcoin. Personally, I recommend sticking with Bitcoin over other altcoins. if you are interested, then use your other income to make a new investment in altcoins. owning 1 Bitcoin right now is a very good thing, especially if you hold it for a few years.
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TheUltraElite
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So anyway, I applied as a merit source :)
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July 01, 2023, 07:04:54 AM |
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Investing with altcoins does not mean we will get rich instantly, because still we need to buy and sell at the right time, many altcoins are worth investing in and it is important to do your own research. Most altcoins are not, if you manage to buy at very low there is no trust in them that the future would be good for them. There are many people suffering from this same faith-loss cycle and people should start becoming aware about that. The more you try to focus on altcoins the more losses you will undertake. The major profit is from bitcoin no doubt. So go with the top 10 altcoins if you are feeling risky. Short term tokens are worthless or you have to be on top of them everyday which is practically not possible for most of us.
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barhavsky
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July 01, 2023, 02:58:36 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
My advice is that at least you don't invest in meme coin, because the risk is very high, so it is very likely that you will lose your money, therefore I advise you to invest in Ethereum, because I am sure that the price of Ethereum will increase very high and will gives you a big profits, so you won't regret to invest in Ethereum right now.
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lobo13hf
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July 01, 2023, 11:16:19 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
My advice is that at least you don't invest in meme coin, because the risk is very high, so it is very likely that you will lose your money, therefore I advise you to invest in Ethereum, because I am sure that the price of Ethereum will increase very high and will gives you a big profits, so you won't regret to invest in Ethereum right now. investing in meme coin is fine so long we know the risk of speculation and also the fact that most of the time it will just outright fails. though only invest very little since thats actually suffice for these meme coin in general.
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tygeade
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July 03, 2023, 05:24:30 AM |
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In investing, you should not put all your eggs in one basket; that is, you should not put your money in a single basket. This will spread the risk significantly; you need to build an effective portfolio to "survive" after the market shock. This is an important virtual currency investment experience that is often overlooked by many.
For example, if you have a portfolio of four coins (ETH, BTC, BNB, and ADA), Assuming BTC is depreciated because the Fed, the US Federal Reserve Bank, raises interest rates, even though your money will be affected, at least there are still three other coins for you to survive in the market. On the contrary, if you only focus on BTC, your money will be reduced after this volatility, and you will have to wait a long time to be able to pay it back.
I wouldn't mind it if the coin that we are talkin about is Bitcoin. Bitcoin is already proven for years. You can't go wrong with it as long as you are patient enough to HODL and you don't worry or panic when you see a negative news or a decline in its price because it can always recover even if it takes time. There is even family who bet not just all of their money but also everything they have. Those family must be rich now if they only sold their coin at the 2021 bull run. Everything depends on Bitcoin. This means when Bitcoin is down, those coins that you said will also follow. Diversifying will only reduced the potential of Bitcoin to pump.
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sana54210
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July 04, 2023, 06:11:59 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
Keep 0.6 of that in bitcoin, the other 0.4 should be separated into 50% into ETH (meaning 0.2) and 25% into BNB (meaning 0.1) and the rest should be invested into all kinds of smaller but higher risk with higher potential stuff. It makes more sense that way and I would highly suggest that it would be profitable for a long time as well. Not a lot of people can do that, it doesn't really fit into the "reasonable" bill for them, they end up trying to get rich quicker and this method is not a quick way of getting rich, unfortunately too many people failed to follow this but majority of the people who did ended up being a lot richer anyway. Why don't they do it? Because its a slow way of getting rich, so instead of being rich slowly, they become poor quickly.
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v3liana
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July 05, 2023, 11:03:43 AM |
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If i'm being you i will turn 0.4 btc into another altcoins, btw 60% for BTC cause it still is the standard for me. If we are talking about long term then ETH is the best one for you to invested in.
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