Post
Topic
Board Speculation (Altcoins)
Re: Investing in Alts instead of Bitcoin for far greater returns (or losses)
by
LouVandetta
on 23/01/2020, 13:30:43 UTC
At the risk of going against what most Crypto investors suggest, I've decided to keep the majority of my portfolio consisting of projects from the top 20 Alts (apart from BSV and BCH which are shitcoins) working on the assumption that many of them are down by a far greater percentage in the last few years than bitcoin which has actually gone up Smiley

I'm well aware its a gamble but I'm prepared to run the risk of either making insanely large profits or losing my $2K investment especially after watching the markets the last few days, Alt prices have gone up and down faster than a hookers knickers  Grin

Your thoughts peeps? am I stupid, brave, a pathological gambler or a combination of the the three?
I personally think that is one of a smart move you got there. No all people are like you nowadays. I have a few other altcoins as well in my portfolio. And just a bit of btc in there. Well, the price of bitcoin keeps going down, so, I'm holding most of my assets, because most of the others are following bitcoin's.

As long as you already know the risk and you don't go beyond your limit on your investment, you should be fine, even if there's a chance of losses.