Topic: After years in this space...I am now a BTC/ETH maximalist (Both are important) - page 3. (Read 1256 times)
December 10, 2019, 09:39:25 AM
I am rather a BTC maximalist, other coins interest me to a lesser extent or do not interest at all.
December 10, 2019, 09:38:41 AM
Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.
The saying applies in all places, if you invest then you should not invest on just one coin, because many coins have the potential whereas in other fields are not much different. so we have to really take advantage of things that are profitable and we have to look for those coins that are profitableThis saying does not apply to all cases, it only applies to those with more or less equal outcomes. If you have two good baskets(BTC and ETH, in our case), I think you shouldn't think of other baskets to put your eggs in. Sometimes putting your eggs in more baskets you are only increasing your chance of losing.
December 10, 2019, 09:29:15 AM
Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.
For the top 2 cryptocurrencies, they are both deserving and worth it to be invest at as they do have the potential among others, so I won't disagree with the OP, for a couple of years, they were my favorites and will be my favorite of all time, so we should not worry about it as these upcoming years, for sure that their name will continue to develop and grow.
December 10, 2019, 09:19:58 AM
Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.
In my view its all about bitcoin price nothing else. Whenever bitcoin price goes up we see altcoins also going up, even shit coins join the party. Even if you have ethereum along with few good altcoins in your list you will only get profit if bitcoin goes up. That's the reason I prefer investing in bitcoin only. 
December 10, 2019, 08:50:10 AM
Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.
The saying applies in all places, if you invest then you should not invest on just one coin, because many coins have the potential whereas in other fields are not much different. so we have to really take advantage of things that are profitable and we have to look for those coins that are profitable 
December 10, 2019, 08:05:20 AM
Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.
December 10, 2019, 12:30:38 AM
I love Bitcoin and Ethereum too. I need Ethereum to buy and sell my Tokens but to get from my local currency I need to sell Bitcoin. The rates are very high in the exchanges at least I found Swap on blockchain.com a resource that reduces my commissions. And you are right to say that:
I also see it the same I feel wonderful of all the advances that have been achieved so far. Staking, Collateral, Loans, Interest-based on Bitcoin and other cryptos. The finances in the crypto space are giving the community what they need. Let's wait for more!
Ethereum is extremely elegant, and may end up being more important in this space than Bitcoin one day.
I also see it the same I feel wonderful of all the advances that have been achieved so far. Staking, Collateral, Loans, Interest-based on Bitcoin and other cryptos. The finances in the crypto space are giving the community what they need. Let's wait for more!
December 09, 2019, 07:28:44 PM
I've been in this space since 2014. I have always been a Bitcoin Maximalist. Than 2017 happened, and it was hard not to chase altcoins. After the hype died down, and the dust settled, I realized that there is room to be a BITCOIN/ETHEREUM Maximalist. Every other project is a "me too," or a clone, or redundant, or vaporware. The only two blockchains we need right now are Bitcoin and Ethereum...and we need BOTH! Not just Bitcoin anymore.
I love Bitcoin...LOVE it! But when it really comes down to it, I use Ethereum in actual, practical use cases. I recently bought something in USDC...which utilizes Ethereum. Stablescoins, ICOs, IEOs, SEOs, Defi will be built on Ethereum.
I have fallen in love with Ethereum as hard as Bitcoin, and I see value in both. Ethereum is extremely elegant, and may end up being more important in this space than Bitcoin one day. It is the foundation of the Defi movement.
So there can be a category of people who consider themselves BTC/ETH Maximalists.
I am not surprised, bitcoin is without a doubt the leader of this market and the image as well, but if we were to think of any other coin that is very useful and has a lot of potential then ethereum is definitely that coin, besides bitcoin the only other coin in which I am invested is ethereum because I really think that despite its current weakness it will surely recover in the future and when that happens I am going to be ready holding some ethereum to take advantage of it. I love Bitcoin...LOVE it! But when it really comes down to it, I use Ethereum in actual, practical use cases. I recently bought something in USDC...which utilizes Ethereum. Stablescoins, ICOs, IEOs, SEOs, Defi will be built on Ethereum.
I have fallen in love with Ethereum as hard as Bitcoin, and I see value in both. Ethereum is extremely elegant, and may end up being more important in this space than Bitcoin one day. It is the foundation of the Defi movement.
So there can be a category of people who consider themselves BTC/ETH Maximalists.
December 09, 2019, 07:22:20 PM
After all these years, I still put my faith in BTC and ETH. I could say that I choose to be blind when it comes to other altcoins and it is very confusing to learn everything on my end. I personally choose to just stick to the two stronger ones which I think will still be in the market even after a few years. I have this impression that other altcoins won't be here after some time and would only turn to scam, leaving its investors helpless.
December 09, 2019, 07:05:44 PM
I definitely agree with that. I only buy btc and eth so far. I think they are really the most reliable cryptos. Besides, I want to focus on these two coins rather having many other coins. Its so hard to monitor. With only two coins I can manage it well aside from the fact that I still have my whole day regular job. Its really amazing how btc and eth had become this far, especially btc. And I'm so proud to have chosen them as my crypto coins now.
If this is the case, you could still use the other cryptocurrency aside from bitcoin and ethereum. Just try to maximize the potential of other cryptocurrency and to help them grow as bitcoin and ethereum does from time to time. I am using XRP to pay small unit transaction which I find efficient especially if I am withdrawing in exchange, I always take advantage of the low market transaction fees that it has. Then buy and invest in bitcoin and ethereum for profit.
I heard that some people are using XRP and some other alts to withdraw from an exchange in order to pay lower withdrawal fees, but imo they are just fooling themselves. Is it really profitable in the end, to first exchange your BTC to XRP on an exchange(certainly losing something in the process), then withdraw XRP, and then, what, exchange XRP back to BTC? I seriously doubt that it's profitable.
Yes, it is. Some places charge up to $10 and if you withdraw as another currency you lose about $1 or so or even make a $1 it depends how the coin you exchanged to is doing. Then deposit into a place with law withdraw like Tradeogre I use and then exchange again and withdraw. You will save a few $$ If you trade in large amounts this amount is meaningless so it is really just for smaller withdraws.
The Ethereum is a big disappointment in my opinion. How much it suffers in price loss. Ethereum needs to get up again. Everyone is waiting to update. I think there will be a move after the update. However, Bitcoin needs to remain a little immobile.
We need ether for tokens though. Not that token is particularly good. Most are rubbish and scams. But still it is needed for gas fees.
December 09, 2019, 04:27:23 PM
The Ethereum is a big disappointment in my opinion. How much it suffers in price loss. Ethereum needs to get up again. Everyone is waiting to update. I think there will be a move after the update. However, Bitcoin needs to remain a little immobile.
December 09, 2019, 05:43:00 AM
I definitely agree with that. I only buy btc and eth so far. I think they are really the most reliable cryptos. Besides, I want to focus on these two coins rather having many other coins. Its so hard to monitor. With only two coins I can manage it well aside from the fact that I still have my whole day regular job. Its really amazing how btc and eth had become this far, especially btc. And I'm so proud to have chosen them as my crypto coins now.
If this is the case, you could still use the other cryptocurrency aside from bitcoin and ethereum. Just try to maximize the potential of other cryptocurrency and to help them grow as bitcoin and ethereum does from time to time. I am using XRP to pay small unit transaction which I find efficient especially if I am withdrawing in exchange, I always take advantage of the low market transaction fees that it has. Then buy and invest in bitcoin and ethereum for profit.
I heard that some people are using XRP and some other alts to withdraw from an exchange in order to pay lower withdrawal fees, but imo they are just fooling themselves. Is it really profitable in the end, to first exchange your BTC to XRP on an exchange(certainly losing something in the process), then withdraw XRP, and then, what, exchange XRP back to BTC? I seriously doubt that it's profitable.
December 04, 2019, 09:43:49 AM
I definitely agree with that. I only buy btc and eth so far. I think they are really the most reliable cryptos. Besides, I want to focus on these two coins rather having many other coins. Its so hard to monitor. With only two coins I can manage it well aside from the fact that I still have my whole day regular job. Its really amazing how btc and eth had become this far, especially btc. And I'm so proud to have chosen them as my crypto coins now.
If this is the case, you could still use the other cryptocurrency aside from bitcoin and ethereum. Just try to maximize the potential of other cryptocurrency and to help them grow as bitcoin and ethereum does from time to time. I am using XRP to pay small unit transaction which I find efficient especially if I am withdrawing in exchange, I always take advantage of the low market transaction fees that it has. Then buy and invest in bitcoin and ethereum for profit.
December 04, 2019, 09:26:21 AM
I definitely agree with that. I only buy btc and eth so far. I think they are really the most reliable cryptos. Besides, I want to focus on these two coins rather having many other coins. Its so hard to monitor. With only two coins I can manage it well aside from the fact that I still have my whole day regular job. Its really amazing how btc and eth had become this far, especially btc. And I'm so proud to have chosen them as my crypto coins now.
December 04, 2019, 07:52:03 AM
I kinda agree with what the op is saying, for most of us before 2017 altcoins were just another shity copy of bitcoin, but after the hype we really kind grown fond of altcoins and especially ethereum, which for me after making researches about it found that it relay has a potential to grow and develop, sure it has problems but it excels at what is good at and that really shows from how all the other coins tried to imitate it and recreate the system that ethereum brought.
Since we need to find other resorts that might give us earning despite of the current status of the market. As altcoins were not that as expensive now,I prefer to earn thru trading with altcoins, hold my BTC and maximize having ETH and XRP at these days while trying to earn also from them. We can earn thru alt like how BTC gives before as long as we understand the charts. December 04, 2019, 07:47:30 AM
I kinda agree with what the op is saying, for most of us before 2017 altcoins were just another shity copy of bitcoin, but after the hype we really kind grown fond of altcoins and especially ethereum, which for me after making researches about it found that it relay has a potential to grow and develop, sure it has problems but it excels at what is good at and that really shows from how all the other coins tried to imitate it and recreate the system that ethereum brought.
December 04, 2019, 05:50:36 AM
You are probably the first one I've seen who claims to be maximalist of both coins.
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To me OP is not the fist one claiming being a fan of both. Andreas M. Antonopoulos, while saying that Bitcoin blockchain is the most secure and the most decentralized around, and that Ethereum, quote, "doesn't compete with Bitcoin in that", is still a big fan of Ethereum. If I understand him correctly, he'd rather for testing innovations in crypto space on the Ethereum platform, instead of creating numerous shitcoins for that purpose.
December 04, 2019, 05:14:19 AM
Everyone who were experienced at the 2017 time have tried to ride the alt season but we all know what happened to that. Hopefully, it wont happen with ETH, because most of the tokens are already at bottom and we may never see them again.
December 04, 2019, 04:53:36 AM
That's some great motivation @OP. Well i have also been in this industry for quite sometime now and the only blockchains i have ever got to trust is bitcoin and ethereum. Just as you said, the use cases of Ethereum far exceeds that of Bitcoin, i guess the reason why Bitcoin is still higher than Ethereum is most investors rather prefer investing into it more than Ethereum. Let's hope this PoS of Ethereum might bring us all some nice pump.
December 04, 2019, 03:54:14 AM
No doubt about these two major cryptocurrencies, when the bearish market is done, we will see about the ETH price if it is really worth investing nowadays. but when it falls again like the last time, the odds are rare for its price to regain up to $400 again. right now, I put all my trust in bitcoins and wait for its price to recover again. what happening with ETH right now is unsure. whether the price will come back or not. you can say what you want but as you can see so far, only Bitcoin has the ability to make a comeback after a few weeks from now sometimes you only count a day.
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