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

[blckhawk]

30k is a scary amount to invest in altcoins even if you know that an altcoin boom is coming in the horizon, I've learned my lesson about altcoins last season so I don't want to repeat the same mistakes, I'm better off just waiting for my bitcoin to grow and hopefully sell it at a favorable price and then hopefully get in quickly to it. OP's plan is feasible and attractive to follow but that will be the possible scenario if all the stuff that OP mentioned exactly happened and we know that the cryptocurrency market is a volatile market and you will never know what's going to happen even if you are good at market analysis.

[legendbtc]

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.

Alts depend entirely on bitcoin. But one thing we should not deny is that investing in altcoins is very risky but the profits it brings us are not small, if not their profits are many times greater than bitcoin brings. I understand that investing in bitcoin is safe but don't ignore altcoins either, especially during bull season when most of them will go crazy in price. High risk, high profit, depending on each person's thinking, I have made a lot of profit from altcoins in 2021 so there is no reason to ignore it.

[Marvell1]

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.

Alts depend entirely on bitcoin. But one thing we should not deny is that investing in altcoins is very risky but the profits it brings us are not small, if not their profits are many times greater than bitcoin brings. I understand that investing in bitcoin is safe but don't ignore altcoins either, especially during bull season when most of them will go crazy in price. High risk, high profit, depending on each person's thinking, I have made a lot of profit from altcoins in 2021 so there is no reason to ignore it.

In my opinion, investing in bitcoin or altcoin is a personal choice, we cannot say that bitcoin is the only investment worth investing in and all altcoins are useless. There have been many people who have made great profits by investing in bitcoin, but there are also many people who have changed their lives by choosing the right altcoin to invest. I really like bitcoin because it's safer than altcoins, but I also don't hate people who are investing in altcoins and ignoring bitcoin. Because after all, the ultimate goal is still profit, so whoever has more profit will follow their investment philosophy correctly.

[Nrcewker]

If you always diversify your investments, then it will be great for you on long run. You need not have to rely on particular one asset. If you ask me Bitcoins or alts, then I will definitely say Bitcoins. It’s because the marketcap of the coin is high and unlike other alts, it’s limited in numbers. Hence it is very rare. So there is high chances that if demand increases to buy the coin during bull run, then the price will go up. Moreover if you want, you can buy few alts too, for backup purpose.

[wallet4bitcoin]

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.

I totally agree with you on this. Altcoins is easier to flip but highly volatile than Bitcoin but people see things differently as driven by their motives, even newbies can not say for a certain that which is best until they do their due diligence on which and what to buy in order of priority as it concerns profit making.

[Synchronice]

• 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.

That's really a good advice but not for beginners, it's really for those who actually have experience in trading, know what happens during the bull market and know what they are doing. The hardest part is to choose a good altcoin that has the potential to rise. Not only the technical background of altcoin matters but it's also very important what the team is doing for its marketing and promotion.
My advice would be to not listen to Redditors and twitter users when it comes to altcoins. They love to write bullshit like it's going to the moon, APE APE and so on.

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.

This is really the number one advice for newcomers to stick with Bitcoin, but I would say, coins like Ethereum are a safe choice too. By the way, when you hold bitcoin, you know you don't face the risk of holding a scam coin that is pumped and dumped by a group of people. Any altcoin can go wrong anytime and that won't affect bitcoin but if bitcoin goes wrong, the whole market goes wrong but there is a very high chance that bitcoin is the least coin to go wrong from the whole coinmarketcap list.

[Yamifoud]

30k is a scary amount to invest in altcoins even if you know that an altcoin boom is coming in the horizon, I've learned my lesson about altcoins last season so I don't want to repeat the same mistakes, I'm better off just waiting for my bitcoin to grow and hopefully sell it at a favorable price and then hopefully get in quickly to it. OP's plan is feasible and attractive to follow but that will be the possible scenario if all the stuff that OP mentioned exactly happened and we know that the cryptocurrency market is a volatile market and you will never know what's going to happen even if you are good at market analysis.

Indeed it is scary if you are investing in new projects but if you are investing in ETH, you are going to have peace of mind. But yes, $30k is quite huge enough to put into a risky investment even though we know that ETH can be trusted or ideal for long-term investment. If ever I have that amount in hand, I will put some amount to other form in investment or start a business as in the case that we lose in crypto, we still have other way to recover those losses from other investment and income resources.

[Sim_card]

30k is a scary amount to invest in altcoins even if you know that an altcoin boom is coming in the horizon, I've learned my lesson about altcoins last season so I don't want to repeat the same mistakes, I'm better off just waiting for my bitcoin to grow and hopefully sell it at a favorable price and then hopefully get in quickly to it. OP's plan is feasible and attractive to follow but that will be the possible scenario if all the stuff that OP mentioned exactly happened and we know that the cryptocurrency market is a volatile market and you will never know what's going to happen even if you are good at market analysis.

Investing in altcoins shouldn't be done with much money but only the amount that you can afford to loss. Altcoins can be hype by the dev and the price will pump 100X and before you know it,you that invested at that time becomes the loser because in no time,it will turn to zero,leaving you frustrated. It is better to invest in bitcoin and hodli for long and get profit from it during the bull run. Than to invest in some altcoins that would give you sleepless night. The most valuable cryptocurrency is bit coin and the rest are duplicates.

[Blitzboy]

30k is a scary amount to invest in altcoins even if you know that an altcoin boom is coming in the horizon, I've learned my lesson about altcoins last season so I don't want to repeat the same mistakes, I'm better off just waiting for my bitcoin to grow and hopefully sell it at a favorable price and then hopefully get in quickly to it. OP's plan is feasible and attractive to follow but that will be the possible scenario if all the stuff that OP mentioned exactly happened and we know that the cryptocurrency market is a volatile market and you will never know what's going to happen even if you are good at market analysis.

Investing in altcoins shouldn't be done with much money but only the amount that you can afford to loss. Altcoins can be hype by the dev and the price will pump 100X and before you know it,you that invested at that time becomes the loser because in no time,it will turn to zero,leaving you frustrated. It is better to invest in bitcoin and hodli for long and get profit from it during the bull run. Than to invest in some altcoins that would give you sleepless night. The most valuable cryptocurrency is bit coin and the rest are duplicates.

I can feel your enthusiasm. Bitcoin is the ONE, its true. The original. That said, not all alts are garbage.

Although some altcoins may be unstable and appear to be "duplicates" alone, innovation necessitates trial and error. Some of these alternative currencies offer innovative technologies and use cases that have the potential to revolutionise certain sectors. Additionally, variety is essential.

Even if the basket is adorned with the Bitcoin logo, its always a good idea to conduct extensive research and spread your investments out. Let's support Bitcoin, but not at the price of other possible cutting-edge technologies.

[WatChe]

If you always diversify your investments, then it will be great for you on long run. You need not have to rely on particular one asset. If you ask me Bitcoins or alts, then I will definitely say Bitcoins. It’s because the marketcap of the coin is high and unlike other alts, it’s limited in numbers. Hence it is very rare. So there is high chances that if demand increases to buy the coin during bull run, then the price will go up. Moreover if you want, you can buy few alts too, for backup purpose.

Bitcoin definitely has limited supply compared to popular alts like Ethereum which has unlimited supply. Its fair to say that crypto market stands on the shoulders of bitcoin and we haven't seen till date any bull run that is initiated by alt. That's why it's better to place your capital into bitcoin since its more safe there if compared with Alts.
I bought a popular emerging Alt few days back since there were speculation that it has so many unique features and it will go high. Now 3 months after my investment that alt is down and so is my investment.

[fruktik]

If you always diversify your investments, then it will be great for you on long run. You need not have to rely on particular one asset. If you ask me Bitcoins or alts, then I will definitely say Bitcoins. It’s because the marketcap of the coin is high and unlike other alts, it’s limited in numbers. Hence it is very rare. So there is high chances that if demand increases to buy the coin during bull run, then the price will go up. Moreover if you want, you can buy few alts too, for backup purpose.

No one recommends messing with alts. The risks of losing all funds overnight are too high. I agree with you that in the process of investing, diversification is simply indispensable. In the crypto direction, this is especially true.
But many still do not understand this approach and invest all their capital in one asset. What does this lead to? Already wrote above.

[Magic-Money]

The cryptocurrency market is so wide that we have Bitcoin as number one, Ethereum coin and other alt-coins followed, so investment has to deal with spreading with a solid project or top 100 coins listed in Coin market cap (CMC) while waiting for the next bull run market.

[bayu7adi]

A fine simulation, but calculating based on the best-case scenario alone would set expectations too high. I opt to maintain a rational and sensible mindset, as everyone possesses varying levels of luck.

If I indeed possess 1 BTC right now, which is equivalent to $25,700, I would hold onto it until the next bull run materializes. I'm willing to wait for up to 2 years to ensure that the ATH after the halving genuinely occurs.

At a price of $80k, I find it a more reasonable figure for the next bull run, even though the ATH may surpass that. I'd be content if it truly reaches the $80k target. I might decide to sell it all.

Then, I'd purchase some top 10 altcoins with the 15% profit I gain from BTC, perhaps around $5k to $10k. Ensuring the arrival of the ALT season to find a selling point that could yield +50% to +100% is satisfactory for me.

[NotATether]

• 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.

What happens if the bear dip hits first and then you're suddenly faced with a margin call, meaning you have to add more bitcoins to the loan?

It's a good strategy (for traders - not for regular people as it is very likely they will mess up somewhere down the road) if you know which altcoins to capitalize on, but like I said, it is more suited for people who pay close attention to the crypto markets.

[icalical]

For me, because the market is still uncertain until now, I mean it's still a bearish and very red market currently, I wouldn't buy any altcoin, I will just hold and slowly compounding my Bitcoin. With bearish market, buying altcoin is way to risky in my opinion, later on if the market has shown a promising bull run, only then I would buy some altcoins.

[Peanutswar]

After bitcoin is now the centralized coin so are you willing to risk or not? Bitcoin we can say is one of the safe havens, and altcoins are not. The main difference is the possible profit and risk. In bitcoin even though huge investment you have but the market does not move a huge wave just a small profit you gain every day unlike the altcoins getting the ride with the bitcoin when the bitcoin moves there's a large percentage of increase in their part. Another thing is people want to risk in altcoins because of this possible large earning profit also we can include the shitcoins they are willing to risk everything just to get instant profit.

[irhact]

No one recommends messing with alts. The risks of losing all funds overnight are too high. I agree with you that in the process of investing, diversification is simply indispensable. In the crypto direction, this is especially true.
But many still do not understand this approach and invest all their capital in one asset. What does this lead to? Already wrote above.

Some individuals recommend it, reading through this thread and you'll see many individuals asking the op to invest in alts while they know the risk that altcoins investment has. We have to learn from other experience as many individual that have invested in altcoins are filled with regrets as they lost money. Only few individual benefits from altcoins and these are the set of individual that were the first to find the altcoins and invested before it became popular.

Bitcoin gives everyone profits equally, nobody is dumping bitcoin on you like how altcoins are been dumped on late investors. You can't get scammed investing in Bitcoin so it's always better to invest in Bitcoin instead of been under the risk of losing everything to a scam altcoins.

[romero121]

Altcoins follow the bitcoin price movement. This means when the bitcoin turns bullish we'll be able to experience it on the altcoins. Only the percentage of rise varies. At times the profiting out of the altcoins used to be much higher in percentage against the profit from bitcoin. As most of the people suggested bitcoin gives the assurance of profit as well as gives a risk free investment access whereas altcoins aren't the same.

In all means a diversified investment will keep you on the right track. With diversified investment it is possible to overcome the profit/loss as we'll be able to compensate one with the other. Going all in one will make this a risky task. Even if one prefer to invest on altcoins, the choice should be on the leading altcoins or the best in the market. Trying with new ones is risky, and some gives good return out of luck.

[n00ber]

Altcoins follow the bitcoin price movement. This means when the bitcoin turns bullish we'll be able to experience it on the altcoins. Only the percentage of rise varies. At times the profiting out of the altcoins used to be much higher in percentage against the profit from bitcoin. As most of the people suggested bitcoin gives the assurance of profit as well as gives a risk free investment access whereas altcoins aren't the same.

In all means a diversified investment will keep you on the right track. With diversified investment it is possible to overcome the profit/loss as we'll be able to compensate one with the other. Going all in one will make this a risky task. Even if one prefer to invest on altcoins, the choice should be on the leading altcoins or the best in the market. Trying with new ones is risky, and some gives good return out of luck.

It can be said that luck plays an important role in all our victories, but making big profits from altcoins is not entirely determined by luck but depends on your knowledge and analytical ability. Don't assume that investing in low-cap coins is just luck. I have seen a few people who specialize in investing in memes, and low cap coins and they make a lot of profit from them, it is not luck but their ability.

Bitcoin or altcoin both have the potential to bring profits, the choice of which depends on the ability of each person, those who do not have enough skills and knowledge should stay away from altcoins.

[TelolettOm]

But one thing we should not deny is that investing in altcoins is very risky but the profits it brings us are not small, if not their profits are many times greater than bitcoin brings.

Both Bitcoin and altcoins are risky, no crypto coin is really safe. But it is true that altcoins is riskier because its volatility is higher. However, higher volatility enables bigger profits. People who expect for bigger profits, probably interested in altcoins.

I understand that investing in bitcoin is safe but don't ignore altcoins either, especially during bull season when most of them will go crazy in price. High risk, high profit, depending on each person's thinking, I have made a lot of profit from altcoins in 2021 so there is no reason to ignore it.

Bitcoin isn't totally safe, it has a risk too. Who can guarantee the same pattern of bullrun season will repeat? No one knows how the next bullish season to happen. Although the price skyrocket in the previous bullrun seasons, it is not impossible if it may not repeat again due to many factors. Regarding the potential of altcoins, it is almost the same as Bitcoin. The price of altcoins can skyrocket if Bitcoin can increase its value significantly. If the price of Bitcoin can't increase much, I doubt if there will be big altcoin season.