Quote from: Farahtenan on April 16, 2018, 04:39:11 AM

Quote from: enovhero on June 09, 2017, 01:56:09 PM

Hello,

A question of a beginner, I read several articles that say better invest in bitcoin only (most of the articles are from 2015-2016), but as bitcoin exceeds now $2500, I do not know if this rule still holds.

I want to invest a lot of money (let's say $3000), but I do not know if I have to invest only in bitcoin or other altcoins? What do you recommend?

Thank you

My advice if you want to invest not only in Bitcoin alone. But there must also be other coin reserves that are good also if used as an investment asset. What I'm worried about if you just focus on one coin is that if the coin is dead you do not have any other coins you usually rely on. So I suggest you invest in some of the best coins.

that is why we should always have a back up plan (i.e investing on some alts or tokens ) because bitcoin cant always give us a stable profit. there is a saying that called "dont put your eggs in one basket " because if you loose you loose it all but if you win you also win big although the the percent of winning is only 30% out of 100 . So thats it , much better if you can just always spread your capital across to some other profitable coins in order to lessen the risk but at the same time increasing your chance of winning.