Should I go with Bitcoin or Altcoins for the upcoming bull run cycle?

[SeriouslyGiveaway]

Many people in the crypto market are still uncertain about which type of asset to hold onto for the upcoming growth cycle of the crypto market: Bitcoin or Altcoins. Additionally, they're wondering when to catch the bottom or exit at the peak. As we know from previous cycles, Bitcoin tends to rise first, attracting the influx of funds, followed by new funds flowing into Altcoins. However, holding onto Bitcoin might not yield substantial profits, and determining the right time to switch from Bitcoin to Altcoin for maximizing gains during the growth season remains a challenge.

Now, I'd like to share a method that I have been using and find quite effective, hoping to share it and receive feedback from you all:

• First, I establish from the outset that BTC is solely for holding, not for selling. When BTC surpasses its peak and an Altcoin wave is on the horizon, all you need to do is put your BTC into cross margin and borrow USDT (not exceeding 50% of your capital) to invest in Altcoins.
• For instance, if you currently have $26,000, you could invest in 1 BTC and hold it from now on. Hold it until BTC surpasses its previous peak of $69,000, which would mean your asset is now worth $69,000. At this point, place the value of 1 BTC into Cross Margin and borrow $30,000 to invest in Altcoins. Borrow only $30,000 or even less, not more. This way, you can continue holding onto that 1 BTC as it climbs to $100,000 or $150,000, while also having $30,000 to invest in Altcoins. With the $30,000 borrowed, smart investment in Altcoins can potentially turn your initial asset into $300,000. You could sell the original 1 BTC that you held onto for $100,000 or $150,000. The combined profit from BTC and Altcoins could amount to around $400,000 - $450,000. After repaying the $30,000 borrowed from the exchange, you'd be left with $370,000 - $420,000.

In summary: Starting with an initial investment of $26,000, you could potentially make $370,000 - $420,000.

In previous cycles, I often found myself struggling to find the answer to the question of "when to sell BTC and switch to Altcoins." BTC is meant to be held, not sold, and even more importantly, never sold for Altcoins. Simply hold onto BTC and when there's an Altcoin wave, use your BTC as collateral to borrow funds for Altcoin investments (ensuring borrowing remains under 30% of your capital). Now, with the increasing choices offered by the DeFi market compared to past cycles, this method proves quite effective for the strategy of using BTC as collateral to borrow USD for Altcoin investments.

[Jawhead999]

With the $30,000 borrowed, smart investment in Altcoins can potentially turn your initial asset into $300,000. You could sell the original 1 BTC that you held onto for $100,000 or $150,000. The combined profit from BTC and Altcoins could amount to around $400,000 - $450,000. After repaying the $30,000 borrowed from the exchange, you'd be left with $370,000 - $420,000.

After all this is full of expectation, there's no such smart investment in altcoins, you're only hope the token you invested will going to 10x in bull season.

Assuming the bull season will happen in the next 2 years, if you borrow $30,000 now, you will pay $30,000 + interest rate. Most likely they will use floating interest rate than flat interest rate, so you will pay more especially you borrow for long term.

What if it goes wrong? assuming you will need to pay $35,000 and you lose everything in altcoins, you're use the profit in Bitcoin investment to cover up your mistake.

[pooya87]

Many people in the crypto market are still uncertain about which type of asset to hold onto for the upcoming growth cycle of the crypto market: Bitcoin or Altcoins.

Referring to altcoins as "assets" makes no sense since at best they are a worse version of penny stocks which are garbage stocks from garbage companies 99% of which have no future whatsoever. Altcoins are the same, majority of them are absolutely useless and they are all created for pump and dumps which are risky to get involved in.

In any case, during the "bull cycles" if anyone wants to touch altcoins they should firs prepare themselves for the concept of pumps and dumps otherwise they will be dumped on and become bag-holders. It is of paramount importance to know when to sell altcoins and how to do it quickly.

This is why we always suggest newcomers to stick to bitcoin alone.

[ImThour]

Never have all your eggs in one basket. So with this reference, I can say you should prefer to keep your money invested in some solid projects including Bitcoin. Ethereum is a safe choice.
You need to your own research for this. Just do not invest for 10x or stuff, invest in the technology or the target of the project. See how you can use the coin, and what the devs are working on.
Just do not invest in any random project which promises and does nothing.

[Fiatless]

In previous cycles, I often found myself struggling to find the answer to the question of "when to sell BTC and switch to Altcoins." BTC is meant to be held, not sold, and even more importantly, never sold for Altcoins. Simply hold onto BTC and when there's an Altcoin wave, use your BTC as collateral to borrow funds for Altcoin investments (ensuring borrowing remains under 30% of your capital). Now, with the increasing choices offered by the DeFi market compared to past cycles, this method proves quite effective for the strategy of using BTC as collateral to borrow USD for Altcoin investments.

I don't think you can find an accurate answer of when to move from Bitcoin to altcoin. The crypto market is dynamic and the occurrence in past bull runs may be different from the expected one. Another problem will also be how to identify the altcoin that will give your targeted profit. The worth of many of these altcoins can disappear in no time. Don't also forget that during the bull run, there are high rates of scam airdrops targeting to reap off unsuspected investors.

It is not good to put all your eggs in one basket but it is better to put all of them in a dependable one than to face the risk of losing them when it is put in uncertain ones. If you are not experienced in such smart investment moves, Bitcoin is the surest asset to hold. The profit from Bitcoin might not be as big as altcoin, but at least you are sure that your investment is safe.

[GreatArkansas]

Bitcoin for the win. Bitcoin for me is safer. If you go with altcoins, there's a bunch of altcoins right now and some of them could stay until the bull run but the gains you will get are not sure, but with Bitcoin, you can guarantee and even if it is small, it's safe, you know it is safe at the beginning.
Another choice is diversify but highly suggest to have huge percentage of Bitcon.

[bitbollo]

@SeriouslyGiveaway (OP):
if you are looking for the "casino chance", I would advise you to focus on altcoins.
a generic coin (likewise a memecoin) is more likely to make a higher rally than bitcoin in a given period.

if, on the other hand, you try to buy to get a "value back", or you have not set a specific time frame, you should point to buy bitcoin or at least for a coin that you can use in some way (for example by staking it, paying for services, etc...)

[KiaKia]

I am never going to be one of those that believe that altcoins are not worth investing your money on, because altcoins play a big part on my journey to success in the past years, the only thing here is understanding the difference between altcoins and Bitcoin investment, and the best advice is to never put all your eggs into one basket.

Altcoins investment Facts.

1. Most altcoins don't ever see a new all time high again, once they do well in a bull market it's over for them.

2. Most altcoins won't survive in a bear market, before a new bull market gets here they would have died.

3. It's only in altcoins space that scams exists, there are many new projects that are showing up only to take peoples money and exit liquidity on the investors.

4. New altcoins brings the biggest ROI but they are also the most risky investment, if they go down they go down hard and fast.

Bitcoin investment Facts.

1. There is no reason to be scared of scam when investing in Bitcoin, it isn't a smart contract enabled project like Ethereum.

2. Bitcoin always makes a new all time high.

3. You only lose if you sell your Bitcoin, unlike altcoins that can go down and never go up while you holding them.

4. You need good amount of money invested in Bitcoin to make better ROI, Compared to altcoins, investing only 100$ in a good alt can bring you better ROI than investing 100$ in Bitcoin.

[Bureau]

The fact that Bitcoin gives everyone the guarantee that it is the best investment option in cryptocurrency doesn't mean it would give you handsome returns in the upcoming bull market. I think if you invest in the new-age blockchain projects or the ones improving the existent blockchain the returns on your investment would be good. For example, projects like Matic, DOT, Solana, and others are very cheap at the moment. During Bull Run, you can easily expect them to generate a 2x or even 5x return.

Another good investment if you can take a risk is shitcoins. There are many in the market, but some are being constantly promoted by a billionaire. If you invest in them, you might gain up to 10x return on your investment. IMO you should have everything in your portfolio for you to gain good profit in the next bull market.

[Z-tight]

Never have all your eggs in one basket. So with this reference, I can say you should prefer to keep your money invested in some solid projects including Bitcoin. Ethereum is a safe choice.

Never put your eggs is one basket is correct, but i don't think that idea should apply to diversifying into BTC and Altcoins, it is more logical to put those 'eggs' into other investments that aren't intrinsic to crypto, investments like Real Estate, Gold, etc.

Altcoins are 'wild' and if you haven't invested in them before, i may advice you to forget about that option. There are seasoned altcoin investors, who know how to sell fast when it comes to the point of dumping, if you buy with them when the alts pump and help them pump the price the more, when it begins to dump, they will dump or sell on you before you know what's happening, leaving you with worthless coins.

[TobeyHolo]

OP, your post is extremely optimistic  . It just doesn't catch the possible downsides of crypto investing in which the inverse can happen. However to answer your thread - I'd personally go with bitcoin if I was a noobie which I am.  Being burnt on buying anything outside of the top 20 coins has been historically painful

[Lorence.xD]

Never have all your eggs in one basket. So with this reference, I can say you should prefer to keep your money invested in some solid projects including Bitcoin. Ethereum is a safe choice.
You need to your own research for this. Just do not invest for 10x or stuff, invest in the technology or the target of the project. See how you can use the coin, and what the devs are working on.
Just do not invest in any random project which promises and does nothing.

You are actually right especially the quote "never put all your eggs in one basket" which I apply to myself. But if we're talking about investment such as Bitcoin and Altcoin, it would be the best to invest at coins that are really have the potential to reach x10 in the next years like Bitcoin. Cause I think putting some eggs in altcoins could be consider as quick-flip due to it's value it's too random so it wouldn't be a good idea to invest at it with a long term idea. I have loss some funds and profit as well in altcoins like the meme coins due to FOMO. Researching at some projects is actually good, cause having an alternative investment is still a good idea in case one's failed. You won't loss funds if you're planning to hodl it for long. But some coins couldn't even last years and could reach below $1.

[Jegileman]

Amongst all the cryptocurrencies today, bitcoin is the only coin that has the higher tendency of recovering back its normal price after a period of volatility which is expected at the time of bull run. This does not give a guarantee that there is still a maximum return on investment when you buy bitcoin but the risk will be minimal when you buy and hold bitcoin for the bull run.

Altcoins are known to always shoot up at the time of bull run, so people will like to take advantage of that not knowing that they are actually taking a big risk in their investment. Altcoins have little or no confidence to bounce back after experiencing a volatile market. Most of them leave the market if they cannot cope with the market. It is not an ideal investment but can be taken by measuring the level of risk you’re intending to undertake with investing in them.

[Bhunter1997]

It’s indeed an amazing strategy but you can’t always get it right you know, what if you miss the timing, because like we all know, timing is everything, just take for instance you buy your 1BTC and then right after you buy it and expecting the market to surpass its previous peak and then you get the opposite and it comes crashing down for another couple of years and not even getting close to the previous peak?

Or let’s assume it does exceed the previous peak and then you use it as a collateral to borrow what, 30% of your money to invest it in the Altcoin without actually knowing it’s already in the dumping stage and then you throw all that money into it and  everything goes all bazaar and comes crashing down on your face and you loose your 30% leaving you with little or nothing and then coincidentally BTC takes a left turn due to one reason or the other and the price starts dropping and then the exchange takes back the 30%. What exactly are you gonna be left with?

I do believe it’s an amazing strategy but I also think it’s a 50/50 thing, it’s not a 100% sure it’s gonna go as planned, something could go wrong along the way which could amount to a loss. I just think whatever investment strategy you choose to employ, you should weigh the risks  as well as the success possibilities

[Ultegra134]

I understand your point: Bitcoin cannot multiply itself in value as it used to in the past. It's currently trending at $26,000, and a new ATH would get you to $70,000, yielding approximately $40,000 to $45,000 at most. It's funny how we're talking about thousands of dollars like they're peanuts. However, if your strategy is that simple and efficient, why doesn't everyone do it? I'm not trying to be offensive by any means, but no established altcoin, such as Ethereum, BNB, Polkadot, or many others, is going to go x10 in value either.

You're mostly referring to pump and dump coins, or generally those that are hyped and are extremely volatile from the moment they're listed. Although it sounds like a great idea, it is not as simple as that, not to mention how risky it would be to invest $25,000 in altcoins that you may not be familiar with. The concept that Polkadot, for instance, or any other low-priced altcoin is more likely to double, triple, or quadruple in value is completely false because that would require billions in order to reach the necessary market cap and ultimately the price we're discussing.

[hyudien]

In previous cycles, I often found myself struggling to find the answer to the question of "when to sell BTC and switch to Altcoins." BTC is meant to be held, not sold, and even more importantly, never sold for Altcoins.

It seems that this question is upside down, doesn't it? because it should be when to sell Altcoin and switch to Bitcoin. But keep in mind that Bitcoin cycles cannot be equated with altcoins which are easier to manipulate quickly. Even when the Altcoin bull market will turn things around 180 degrees. Therefore I did not include a budget for any altcoins. My goal is quite simple where the Bitcoin handle is the ultimate safest peak of pump and dump manipulation activity. Do you think we humans are perfect? who can endure beyond our means. I mean running bulls come and still Hodl? don't sell it at all, even if it's only 1%, then where is the beauty of investing in Bitcoin if you don't enjoy what we should feel because it's gotten to the point where anyone will take advantage first rather than just watching it. .

[Woodie]

Many people in the crypto market are still uncertain about which type of asset to hold onto for the upcoming growth cycle of the crypto market: Bitcoin or Altcoins.

It's going to be unfair to say go with bitcoin when the crypto markets have quite a vast number of coins (altcoins) to choose from..which means keep an open mind and invest in both as a way to diversify your portfolio should be the perfect strategy.

Btw bitcoin will not always be the coin with the best ROI, so if it's catching coins with decent ROI diversification is the name of the game.

Additionally, they're wondering when to catch the bottom or exit at the peak.

If your strategy is to catch the low or peak of the market,  then you are better off learning some technical analysis to buy  some bitcoin once all requirements are met.

[allthebitandbobs]

It's based on your investment,if you had huge money like 1k-2k dollar for the investment.The better option for your investment will be Bitcoin,If you are investing like less than 500$.The better option will be the altcoin,Ethereum and ADA will be the better option.Since the investment is low, it's better to keep your investment in ADA.The ADA is the good and solid project,the price ADA will reach some good value after the bull run in 2024.

[pooya87]

and the best advice is to never put all your eggs into one basket.

The only part of your post I disagree with is this.
Diversification in my books is when you buy "assets" that are not related to each other. Meaning if one dumped the others won't follow. We all know that this is not true about altcoins, each time bitcoin makes a move they get dumped. That makes them terrible for diversification.

Not putting all the eggs in one basket in my opinion should be investing in bitcoin then in things like gold, stocks, real estate, etc. that aren't linked to bitcoin or vice versa.

[michellee]

The strategy from @OP is only for people who already have a lot of experience in investing in crypto. But if anyone asks what to choose for the next bull run cycle, Bitcoin will be the answer. However, they can still invest in altcoins for the short and medium term to maximize their profits in crypto.

But it will not be easy if they want to invest in altcoins because they have to look for potential coins to increase. It will take a while to determine, depending on your skills in analyzing each coin. And don't borrow money from other place to invest in crypto because we don't know when our investment will start increasing.

But don't forget to give a bigger portion in Bitcoin and make Bitcoin your main investment. And investing in altcoins as an additional investment that can provide additional profit as well.