Post
Topic
Board Speculation (Altcoins)
Re: Investing in Alts instead of Bitcoin for far greater returns (or losses)
by
ultrloa
on 23/01/2020, 13:55:01 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?

You are right because going by what majority traders say, majority have accrued drastic profits just for holding or trading altcoins. Profits that trading btc or holding would not have given them. Just like you said, holding or trading these altcoins is a big risk. But one have to be prepared to take it. Even btc is risk on it's own.

Sometimes there's lapses if we just go on what is suggested since we should make sure that the crypto pointed out is great and have potential, and we should look the time of prediction and suggestion since the manipulation movement is fast and might we will end up left behind when the pump and dump scheme quickly happens.