Francis said:
It really depends on your mindset and risk tolerance. Bitcoin is the safest bet, while altcoins are more risky but can be more profitable.
I’ve been holding a lot of XLM and XRP for a year now and have some Ethereum from the last bull run that I forgot about. I don’t expect XRP or XLM to perform like Bitcoin does, and no one can accurately predict the market. I’m really asking if there are true benefits to investing in something besides Bitcoin for the long term.
@Jem
Absolutely, many altcoins can increase 3-4-5 times more than Bitcoin during a bull run. However, most of them lose around 95 percent of their value by the end. So it’s important to have an exit plan for altcoins or to hold them through the cycles while accepting lots of volatility. Bitcoin also drops at the end, but it’s not as extreme, and I believe as Bitcoin grows larger it will become more stable in the future.
@Francis
My plan is to watch and sell altcoins at every all-time high, then reinvest in Bitcoin after a dip. I won’t take too many risks in the next couple of months after investing in my altcoins so long ago. As long as they do not drop to their previous year prices, I’ll see some profit.
@Jem
I’m similar to you. I aim for a 60/20/20 split with Bitcoin, XRP, and XLM while holding on. If I can sell XRP or XLM for a decent profit in 5 to 10 years, I’ll be content.
Wolf said:
Aerobud.
I agree, I was skeptical too but it has worked out pretty well.
I’d go for 80 percent KAS and 20 percent Bitcoin. Mark my words I’ll come back in 5 years to comment.
Faithjones said:
I’d go for 80 percent KAS and 20 percent Bitcoin. Mark my words I’ll come back in 5 years to comment.
This is the way.
Faithjones said:
I’d go for 80 percent KAS and 20 percent Bitcoin. Mark my words I’ll come back in 5 years to comment.
Remember me in 5 years.
Faithjones said:
I’d go for 80 percent KAS and 20 percent Bitcoin. Mark my words I’ll come back in 5 years to comment.
Remember me in 5 years.
@Striker1
Your comment was removed because you linked to an external forum without using the correct mode. When linking, make sure to follow the rules related to external links to avoid this happening.
1,900 in Bitcoin and 100 in trends.
Yeah, I’d choose Bitcoin only.
No, I’d go with Ethereum, Possum, XRP, and maybe a few meme coins.
Dogecoin because how has Elon handled that one? It doesn’t start until the end of January so there’s still time to buy before it hits $1.
Abi said:
Dogecoin because how has Elon handled that one? It doesn’t start until the end of January so there’s still time to buy before it hits $1.
Why do you think it will take off?
Abi said:
Dogecoin because how has Elon handled that one? It doesn’t start until the end of January so there’s still time to buy before it hits $1.
You know that Dogecoin’s position created by Trump and including Elon has nothing to do with Dogecoin right?
@Oak
I read that like huh, am I missing something because I’m new or what?
Now isn’t the best time since so many are jumping in. You might still make money, but it’s high risk right now. I’d invest in BNB since it’s got a solid floor and isn’t overvalued. But honestly, it’s all a gamble when markets are like this. Wait for the next major dip or until 2026, then start averaging in.
@Torrance
How are you doing CZ? Glad to see you out now.
satoshi said:
@Torrance
How are you doing CZ? Glad to see you out now.
Do you think it’s a bad idea?