Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Bobcrypto on September 09, 2018, 05:48:18 PM
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Friends, a look at common wisdom in crypto, that you will hear and read pretty much everywhere goes something like this: Keep majority of your portfolio should be mostly large cap mains (BTC/ETH/LTC/), a general rule of thumb would be keep 70% in the main coins. But let’s look at one good example:
Say you have less than $8,000 to invest and you go and buy one whole bitcoin. It’ll take weeks or months for it to hit $9,000 or $10,000. And even when it does, you’ll have made $1,000. That sounds good, but WHAT if you invested your money in a less known, smaller cap and upcoming altcoin.
Again, another example: you take $7,000 and dump it into some altcoins you researched and found to be good, and the price of that coin doubles (10+ coins have done that last month, even during this bear market). You’ll have $16,000 which makes a whopping $8.000 profit. Gentlemen, what do think should be the better investment between Altcoins and Bitcoin.
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Yes, that's the advantage of altcoins. Users can choose and use altcoin as an investment or trading. Altcon's price increase is also greater than bitcoin.
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Well, you are very right, I always advise people to invest in altcoins, because the potential for profit is huge.
and one thing that is really needed is to get profit, that is by quantity, because even though it is cheap, but if there are many, it will also be obtained.
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In my opinion, I think the best thing to do now is to invest in altcoins since the values are currently lower. You will start making profit once their values recover. Its actually a wise move to invest in now, adding to the fact that bitcoin is higher in value, which means that you will get more altcoins at lower value.
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I also invest in Altcoins. The price of Altcoins is more affordable than Bitcoin. For example: XRP, the price about $0.284 and Stellar, the price around $0.208 right now. I do not have much money, so I try to invest in the two coins. But next, I plan to invest in ETH.
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Most people invest in altcoins because altcoins is more profitable than Bitcoin.Now altcoins are cheap.Nano, waves, litecoin, Eternal token, Morpheus labs, Bitcoin cash and Ethereum are more profitable.