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

[Aikidoka]

The method you have just presented is really good and could work effectively if the investor knows exactly what to do. However, it does require an initial investment to generate profit. This profit can then be reinvested in altcoins as you mentioned already. Personally, I would allocate more of my investment towards Bitcoin than altcoins. I believe that Bitcoin's price has the potential to hugely increase in the next few years and would make me be in a huge an insane profit.

People could just purchase Bitcoin now and hold onto it until it reaches a new ATH. At that point, they could sell a portion of their Bitcoin holdings and use the proceeds to purchase some altcoins for trading. There are numerous strategies one could adopt, but the most suitable approach largely depends on the investor's preferences and goals.

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[Vaskiy]

Taking consideration about the halving, it is the right time to make your entry into the market. Having a diversified investment seems to be fair than going on a single cryptocurrency. This means the trend will be followed by the altcoins. Based on the movement of bitcoin will be the move of altcoins. In such manner we'll be able to experience the best when we have diversified investment. The market is at the bear and making use of the opportunity and holding will give the best return close to halving.

[CryptoHeadlineNews]

Much depends on how much a beginner can invest. If the funds allow, he can split the funds and buy bitcoin and some altcoins, but the choice of altcoins is a complex process and can lead to both making good profits and losing funds. If there is no proper knowledge, then altcoins can only lead to a loss of money, in which case Bitcoin will be a more reliable choice. When I was a beginner I chose altcoins, but I couldn't take profits when I needed to, so there are a lot of complexities besides choosing what to buy.

Yes, a agree with you that for newbies who intend to invest in crypto, Bitcoin should be their choice, whereas for experience crypto investors who intend to take risk, then altcoin should be their best try, since the truth of the fact is that altcoins are always more volatile compared to Bitcoin, and it will be of more harm for a clueless newbie to jump into it without prior knowledge of knowing how it operates, which as time goes on, likely to gain more knowledgeable about investing in Bitcoin.

[SamReomo]

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.

I just mentioned that I'll borrow 30k USD when BTC surpasses its peak, not right now. Investing in Altcoins at the moment is quite challenging, but when the bull run cycle arrives, most Altcoins tend to experience some degree of growth. Choosing Altcoins won't be too difficult, I believe. Even in the top 10 Altcoins, there are still options. If you're concerned about making the wrong choice, you can consider those top Altcoins, and the risk of losing money is almost negligible, unless unless you get hacked. 

If you're really into Altcoins then you should definitely give enough time to research and testing because many times top 10 altcoins also got devalued without any warning. I would encourage you to study the case of Terra Luna because once that coin was also among the top 10 cryptocurrencies but in a week it lost most of its value and many investors have lost a lot of their investment due to Luna crash.

There have been other cases where top 10 altcoins suffered such devaluation and that's why I recommend you to be careful when investing in altcoins even if the chances of success may seem higher in one or two of them but still we can't trust that what will happen with an altcoin. I would encourage you to invest in Bitcoin only if you want to be on the safe side because Bitcoin will most probably get higher in value during the bull run.

If you still want to go with the altcoins then I recommend you to stick with the ones that have been doing great for many years. Some people may recommend you to go with Arbitrum or Polygon (MATIC) but I think those are still new in market and both of them can suffer huge value drops. I'm sure that if you diversify your $30k on ETH, BNB, LTC, Doge, and to some extent XRP, then you'll still be safe from losing your capital. The XRP may not get much higher in value but it's the safest among all of those because it will continue to survive in next bull run.

[Mauser]

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.

From your expectation it seems that you are looking for the really high returns that are going to be life changing. Your starting investment it a good size to be split up into multiple coins and at least for me I would always prefer to reduce my overall risk instead of aiming for the highest possible returns. The next step for you is to take out loans to make even higher returns, which is a great move to the maximise returns. However, in case you are wrong and the market turns against you than you are going to lose your money twice. First in the market and the second time when you have to repay the loan. For me taking out loans for investing is too risky, I can't handle the stress with high volatility and will stick to only invest money that I already saved before. So, if you are really going for the highest possible returns than the Bitcoin market seems as not enough for you and it would be better to focus on Alt coins. In the alt coin market, the volatility is much higher which can lead to much higher price jumps. As long as you can handle bigger price swings then I would be allocating most of your money in the Alt coin market.

[wallet4bitcoin]

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.

Holding BTC to me is gold, Altcoins are cool to buy but not at the expense of BTC, but borrowing, using BTC is just another wonderful idea but what happens when the there is a flash crash like we see these days, it means your BTC has evaporated and then the Altcoin still remains, this to me is another way of selling BTC to buy Altcoins which I detest greatly. So, I'll just stick with holding my BTC

[cafter]

I like yur idea Op it is a very good and low risk strategy for next crypto bull run, but it will work fine for experienced people they can speculate with high probability when to borrow or and move towards altcoin.

[Viscore]

I still have to prioritize bitcoin over altcoins but it does not mean that I won’t be investing in altcoins anymore. Altcoins are just an alternatives to bitcoin, so by putting a bigger allocation for bitcoin and then the remaining small amount will be for altcoins. That way, I can maximize my profits through bitcoin when bull run is happening, and will never miss some profits for potential altcoins as well. Diversification is a must for me. If not for altcoins, then probably bitcoin mixed with stocks or real estate, that would be impressive investments I know.

[Sanitough]

It cannot be denied that some of us here have been earning bigger profits in altcoins more than bitcoin, but the question is are their being profitable sustainable enough? Because we all know that altcoins are just pump and dump scheme, one day they’re up, the following day they’re totally down. So I cannot compromise myself particularly my finances to trust altcoins more than bitcoin. However, I believe we vary with our own decision making. But as a piece of advice, learn to weigh things first before you jump investing into a bigger amount. Established altcoins have the potentials to succeed, but with bitcoin, there is high security and guarantees that it will never end up as dead coin like most altcoins do.

[AicecreaME]

If I were you, I'd put it all in Bitcoin.

I'd risk it on altcoins but that would require a lot of research and decision making so I'll go for Bitcoin instead. It's better to invest on something more solid and strong rather than risking it to a quick rich hoping scenario that would happen. Just make sure to put that Bitcoin in a well reputable wallet, but don't put it all in just one basket, for some assurance that in case your wallet got hacked, at least you still have another one that's store the other half of your bitcoin.

[uneng]

I like our idea Op it is a very good and low risk strategy for next crypto bull run, but it will work fine for experienced people they have a experience when to borrow and move towards altcoin.

How is it low risk since your 1 BTC will be held by a lending platform during the whole time your loan is active? There are serious risks you can be scammed by the platform, especially if Bitcoin skyrockets meanwhile, so everything you are going to have are the altcoins under your possession, losing the most important and valuable asset, which is Bitcoin.

I think this is a greedy and dangerous strategy. It would be better to just hold Bitcoin inside a wallet controlled by you, waiting until it hits a new ATH, so you could sell your holdings and buy the same amount you had once the price falls again, maintaining your holdings, while cashing out some profit.

[Ale88]

Borrow only $30,000 or even less, not more.

This is the biggest problem with your plan: if your financial situation requires you to borrow $30k then you're simply not in the position to take such a risk. I love bitcoin but, as much as I trust it, I would never take a loan in order to buy more, bitcoin or other cryptos, because if for any reason the market collapse quickly you could end up in a very bad situation. Just invest what you can afford to lose, don't make calculations based on money you don't actually have.

[mindrust]

Bitcoin all the way. Bitcoin is the best crypto in the market. You may not make 100x with btc but you are not going to lose money if things go south too. With alts, yes you may make x100- x1000 if you are lucky but that's they keyword here... do you feel lucky? Why even take that risk? If you feel lucky just play dice. Investment is a serious business and bitcoin is the most serious crypto out there. There are a few good alts too though. Maybe you can try eth, ltc, xmr but I wouldn't bother with them. Just get btc.

[BitcoinPanther]

In an investment we need to consider the risk, between an altcoin and Bitcoin, it is established that it is way much safe to invest in Bitcoin.  Aside from that, the current situation of the incoming halving of Bitcoin states that the market is about to become bullish, and we know that during the bullish run of Bitcoin in its 4-year cycle, it always happen that it tends to break its all time high which often gives its investors a huge profit.

[TimeTeller]

In an investment we need to consider the risk, between an altcoin and Bitcoin, it is established that it is way much safe to invest in Bitcoin.  Aside from that, the current situation of the incoming halving of Bitcoin states that the market is about to become bullish, and we know that during the bullish run of Bitcoin in its 4-year cycle, it always happen that it tends to break its all time high which often gives its investors a huge profit.

Just do remember that investing even in bitcoin will take some considerations on your end.
It depends on your financial conditions when you get involved with this market.
Assess your situation if you can wait longer before you can sell. Just hold off if you are not ready in this market.
So choosing between bitcoin and alts, relies on how well you know each market and how ready you are in facing the possible hurdles that may come while you are still holding those coins.

[freedomgo]

We all have different experiences with our crypto investments, some have been highly profitable on bitcoin while some have been making excellent profits with altcoins. So no one can decide for the other person. However, if we know how to diversify and include them both as our investments, then we will have no problems or missed opportunities in the future. Invest in both of them with caution, and learn to assess from your own experience which one deserves bigger or smaller allocation, so that you can still gain profits from both of them when bullish market happens.

[BitcoinPanther]

In an investment we need to consider the risk, between an altcoin and Bitcoin, it is established that it is way much safe to invest in Bitcoin.  Aside from that, the current situation of the incoming halving of Bitcoin states that the market is about to become bullish, and we know that during the bullish run of Bitcoin in its 4-year cycle, it always happen that it tends to break its all time high which often gives its investors a huge profit.

Just do remember that investing even in bitcoin will take some considerations on your end.
It depends on your financial conditions when you get involved with this market.
Assess your situation if you can wait longer before you can sell. Just hold off if you are not ready in this market.
So choosing between bitcoin and alts, relies on how well you know each market and how ready you are in facing the possible hurdles that may come while you are still holding those coins.

True that every investment have their risk but in this scenario I am comparing the risk between altcoin and Bitcoin which many of us established that Bitcoin is way safer than investment in altcoins.  Plus the current situation where Bitcoin is about to transition to bull run in the coming years, it is better to invest in Bitcoin now at least investors can rake profit at a shorter amount of time, and can always reinvest when the market price goes down.

I do agree that it also depends on the financial condition, if someone had the money then considering the amount of risk involved, it is advisable to choose BTC for an investment.  For me it is better to have an average profit than aiming for a one in a lifetime gigantic profit but have the possibility of 99% being scammed.

[SeriouslyGiveaway]

If you're really into Altcoins then you should definitely give enough time to research and testing because many times top 10 altcoins also got devalued without any warning. I would encourage you to study the case of Terra Luna because once that coin was also among the top 10 cryptocurrencies but in a week it lost most of its value and many investors have lost a lot of their investment due to Luna crash.

Absolutely, I agree with you regarding Terra Luna being one of the toughest lessons for crypto investors in 2022. However, let's not forget how massively Luna grew when Bitcoin broke its previous peak, right? So, if you don't get too greedy, imagine the profits you can make with Altcoins, including Luna.

If you still want to go with the altcoins then I recommend you to stick with the ones that have been doing great for many years. Some people may recommend you to go with Arbitrum or Polygon (MATIC) but I think those are still new in market and both of them can suffer huge value drops. I'm sure that if you diversify your $30k on ETH, BNB, LTC, Doge, and to some extent XRP, then you'll still be safe from losing your capital. The XRP may not get much higher in value but it's the safest among all of those because it will continue to survive in next bull run.

Thank you for your suggestion, Arbitrum is also one of the good coins in my portfolio for the upcoming bull run cycle. I have strong confidence in the L2 trend taking off, and Arbitrum is one of the platforms that shouldn't be overlooked.

[WatChe]

We all have different experiences with our crypto investments, some have been highly profitable on bitcoin while some have been making excellent profits with altcoins. So no one can decide for the other person. However, if we know how to diversify and include them both as our investments, then we will have no problems or missed opportunities in the future. Invest in both of them with caution, and learn to assess from your own experience which one deserves bigger or smaller allocation, so that you can still gain profits from both of them when bullish market happens.

It all depends on your expertise about understanding the market. Some understand bitcoin market well while some are proficient at Alts. For me bitcoin is the primary choice of investment as I find it the controlling agent of crypto market. See if bitcoin is up everything is up and vice versa. Its better to have a ratio of 70:30 between bitcoin and alts. Alts are mostly dependent on bitcoin for there bull runs.

[cheezcarls]

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.

Out of the altcoins in the market, only ETH so far stands out for me that is worth to DCA (dollar-cost averaging) in preparation for the upcoming bull run cycle on top of holding my BTCs.

When I have started to DCA with Bitcoin early last year, I knew that I'm not gonna do the same mistake again of getting in to BTC early. Although the first two DCAs I have Bitcoin are losses which I've bought them around $30k and $31k respectively, the rest however are already in profits when I have bought it between $19k to $23k range until my budget can't take it anymore.

I have never thought of using BTC as collateral for short and mid term altcoins. I am already fine with BTC and ETH as my long term ones before the bull run commences anytime.