Few days ago we argued about some kind of percentage of altcoins that are decent and the in decent ones, where you said over 50% where decent. Of course I took a tour on your platform and I happened to me amazed with the huge number of Airdrops for coins/tokens but that kept me wondering so how many do one need to participate on? with the number of coins/token I'm confused where to go and this is one of the main reasons I have always stocked with bitcoin, causing less stress for myself.

Regardless, anyone can pick altcoins (shitcoins) and make it out with them but the current situation of this bull run in my opinion is a good reason that people should concentrate more on bitcoin, having at least 85 -90 % of their assets in bitcoin, than spread their attention in what may not end well. the 2017 bullrun is definitely different from 2024.

There really is some profit outside bitcoin however these altcoins are just way too volatile and risky than bitcoin so it is more difficult to reach your target profit while also making sure that you are not losing anything.
Exactly. There are way too many subsections under altcoins now all with different purposes. In one blockchain alone, there are so many projects associated so it is harder now to penetrate through the market.

Here will come the important decision of choosing the right altcoin because not all altcoins will feel an increase in price.

This thread is specifically about spot coin/token portfolio allocation, not airdrop farming, but yea airdrops have a different risk:reward profile as compared to buying coins/tokens for your portfolio.

And yea, it's quite a lot, but I personally do this full time so I'm not really that overwhelmed. You don't need to participate in everything just like how you don't need to buy every hot altcoin in existence.

Year after year there are more and more altcoin choices, but this also makes us divide our portfolios more widely and the risk will no longer be as guaranteed as before in terms of returns. Some of the projects currently being built are only limited to games so that Bitcoin remains the main choice to be on a safe path in terms of risk. I agree that currently there are fewer altcoin holdings, it is difficult to choose, but if you want to go deeper and focus on seeking profits then we are already faced with the altcoin trend cycle of AI, Game, DeFi, Layer2 etc. Even that is not easy without in-depth research.

As a result, I, who don't really like risk, and decided to stay in Bitcoin in the long term. Leaving more of my finances in Bitcoin, because the results have been proven over the years to never disappoint.

Right now there are big expectations from ETH ETF, for example.
But Bitcoin bull run is also here and I also think that, no matter what other coins people are speculating on, this year is still about trying to squeeze as much gains as possible from (the expected) Bitcoin price rise.
So for now, indeed, it's all about stacking sats.


There's only one thing I don't agree with you, OP. And that's the placing of this topic under Bitcoin Discussion. Imho it's more worthy to Speculation..

The bull Run may be suppressed  for most altcoins because money is far spread into many altcoins, that's what you said and you are very correct but definitely there are some altcoins that will pump but because of too many altcoins that are already looking so promising, it will be a  difficult to easily know the coin that can follow the trend of the bull market. I am just trying my luck on too many altcoins.

BTC>There is no second best —Saylor.

As everyone knows, at certain times altcoins boom, and when they do that they gain a lot more than Bitcoin because they are tiny. But anytime the market goes sideways or down, altcoins often lose all of their gains while Bitcoin stays at a decent price.

After Bitcoin broke out of the bear market early last year and pumped, there was the normal half-year sideways slightly down action for bitcoin, but many altcoins lost an enormous amount of their value and went back down to around where they were at the bottom of the market.

And now again, while Bitcoin is consolidating and accumulating for a few months, staying in the $60,000s, many altcoins have lost a ton of value.

Basically, altcoins are ONLY good when the market is actually pumping hard. As soon as the market stops pumping altcoins start dropping like rocks even as Bitcoin is steady. This is why altcoins are very dangerous. You can make tons of gains in a few months with them, but if you are still in them when the pump ends literally all your gains can be washed out while Bitcoin goes sideways. You can be waiting many months for altcoins to get back to where they were, and when they do Bitcoin will be far higher than it was at that previous point. Long term all altcoins go to zero against Bitcoin.

This is why it is best just to stay away from altcoins entirely.

And yes in 2017 altcoins were a lot more successful in that year than they are these days because that was the ultimate retail FOMO bull market. The whole world heard about Bitcoin for the first time and the retail market expanded several times over in the course of just that year. People were FOMOing into not just Bitcoin but everything. Ever since then, or specifically since 2018 when the world (people who had first heard about bitcoin in 2017) experienced their first crypto bear market, people have felt burned by bitcoin and crypto because they panic sold and loss money, or those who didn't get in are too scared to ever get in because "it always crashes". So ever since then, and continuing into the future, retail FOMO is much less intense than that first time people were hearing about bitcoin and crypto and seeing everyone get rich quick. Much more subdued retail FOMO means altcoins have far less interest and when there is a bout of altcoin FOMO it doesn't last long. In 2021 there was a few months of retail FOMO from Musk followers some of whom got into Bitcoin but most just poured money into meme tokens and most of those people will never get their money back. Retail FOMO is gonna get smaller and smaller every cycle. But institutional adoption and TradFi adoptoin is just getting started and will grow much larger, and those participants are going to be mostly interested in Bitcoin, somewhat interested in Ethereum, and have very little interest in any other crypto.

Best to just stay out of altcoins entirely and stick with Bitcoin, or at most if you do trading, briefly trade altcoins for a few weeks once a pump starts and then get out before the pump ends and they crash.

Yeah, there will always be such altcoins that will achieve huge multiples, but for me, i don't know how big the numbers were previously. Did just a few altcoins achieve this, but so many people then forgot about the majority that failed and started telling success stories with the few that succeeded.

Altcoins are very tricky and i try to stay away from them, even if i know that a few of them can achieve very high prices, but what if all of the ones i buy fail. BTC is just the best choice, for almost every reason.

Or better say the concept of all currencies and this is why Bitcoin and Altcoins are created because Satoshi Nakamoto (the creator of first crypto, Bitcoin) seem to disagree on what Banks' own currency called Fiats has to offer. After the creation of Bitcoin, there are still Devs, or people who seem to disagree with it and that is why Altcoins are born.

It is easy to express their opinions by creating a crypto here because of its nature, or the technology that it is using called the Blockchain. Even though there are plenty of Altcoins, indeed that not all of them are worth it and that is why Bitcoin still continues to dominate even if it's only a single cryptocurrency.