Post
Topic
Board Speculation
Re: sold my alts, all in BTC
by
Zooplus
on 06/06/2016, 01:00:13 UTC
Keeping track of all different alt coin wallets was annoying Angry And I don't trust exchanges.

I'm ready for liftoff.

Are you?

(of course I had never more than ~5% in alts)

yeah when you check price of 2 or 3 different altcoins it gets annoying and boring and of course hard, and soon you would get confused by all these prices so you won't get any profit

and good that you have all money in bitcoins now as bitcoins is actually bet crypto i think because it is oldest and most expensive, and of course most of people use it
The difference with altcoins and bitcoins is that bitcoins is trusted and price is currently high to buy and save in the long term. On the other hand, altcoins are cheaper and if you can spot a good project you can hold it for long term and with its potential the price will be high, you might earn x10 of your original investment.