Quote from: revswim93 on December 19, 2017, 07:33:51 PM

Most of the people I know are buying altcoins because they're "cheap." They buy it at a high and sell it at a low. I'm just getting bitcoin, no alts for me.

Well I started with no alts as well. But later I realized that alt coins is also a good investment, but for short term only. And I was lucky enough to gain an profit from my altcoin trading. I think you should try your hand as well and get alts.

Quote from: p3ppymon on December 19, 2017, 08:11:56 PM

Quote from: revswim93 on December 19, 2017, 07:33:51 PM

Most of the people I know are buying altcoins because they're "cheap." They buy it at a high and sell it at a low. I'm just getting bitcoin, no alts for me.

To some extent, I agree with buying and holding bitcoins for value. However, you should be able to profit from these moments when the price of bitcoins decreases in favour of altcoins. They are not cheap fiatwise, cheap with respect to btc. Hence good for a short term investment.

That's is what I'm saving. Altcoins are good for short term investment. And if you got "lucky" you will hit the jackpot for some shitcoins. specially if they are pump and you are already a prior investor. You can wait for the pump and get out and make an exit when your position is already giving you profits.