Quote from: Xising on July 12, 2018, 02:26:24 PM

Quote from: fillippone on June 26, 2018, 09:46:44 AM

Unless you are a very experienced trader, I strongly suggest you not to do that.
Altcoins pose substantial risks, even in day trading: subpar exchanges, vulnerabilities of all sorts, poor liquidity that can damage your profits.
Greed is good, but I think you can fulfill it with bitcoin.
My two cents,
F1

I agree. I think the better plan of action here is to trade other altcoins that are doing well to buy some up-and-coming ones that could gain big in the future, but don't trade Bitcoin or sell them off just to buy altcoins that may or may not go big. I say that because even though Bitcoins actually stagnate and dump for most parts of, say, a year. It would still give you more gain once it begins to surge and gain back whatever value it lost or at increase its value more. If you would just get rid of our Bitcoin out of quick necessity that might lead you to regret in the future once it gains.

The long end is what I am going to care about.
Let's say 2028, 10y from now.
Bitcoin will end north of 200K (conservative value given by 3 different own pricing models) or go to zero.
ALL TODAY'S ALTCOINS will be priced at ZERO in 10y time.
Hence , my very cautious approach to trading in crypto (even if i can assure you I am a very experienced trader, overall).
My two cents,
F1.