Ninjastic
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Topic
Board Speculation (Altcoins)
Re: Who is buying up all the cheap alt coins now ?
by
The_Dark_Knight
on 29/10/2017, 03:38:02 UTC
Quote from: shtako on October 22, 2017, 08:24:42 AM
Quote from: Mihaylovic on October 22, 2017, 07:35:33 AM
Quote from: dllhg on October 22, 2017, 12:36:12 AM
I personally believe this is a great time to buy good alt coins. Price is way down as market has shifted to buying BTC. Some more than 50%.



What percentage of your crypto is in alts vs BTC ?

My portfolio is now 100% in alts  Grin I honestly believe buying alts now will give much more profit comparing with bitcoin gold. First bitcoin price may drop anytime during fork, second the price of bitcoin gold may not satisfy people holding bitcoin.

This is just crazy. A few altcoins wil outperform bitcoin, but most alt will fade away and become worthless. Bitcoin is a risky investment, alts are pure gamble.
Not necessarily, if he is invested in solid projects then he would do fine but if he invested in icos and altcoins with very low market cap then you could be right but if he is one of the lucky ones and hits one of the coins that goes 1000x then he could become a millionaire, so like you can see while the risks of investing in altcoins are great the rewards can be even greater.