Topic: Altcoin or Bitcoin - page 2. (Read 1103 times)
If I have enough money to do investment I would prefer to invest Altcoin and Bitcoin because no doubt both of it will give us profits as long as you do large investment.
Now or in the future, bitcoin is the right choice to invest compared to altcoin which has a different potential level, the dominance of bitcoin is quite high so that it can generate profits for even short-term investments
The high dominance percentage doesn't let the altcoins to breathe, the scale of the top cryptocurrencies worth to check before deciding to invest in any altcoins. Compared to the altcoins, Bitcoin shorts hesitate to continue to click on the ask side of the order book due to the lack of liquidity for the big orders. Stop hunting is the commonly known trap for the crypto market traders. I would choose an altcoin with better technology. Bitcoin has been pumped to its max value by some altcoins holders as its dominance is at 70 percent and that is not a normal growth. Don't forget that they are just "softwares" and that they do the same thing. But one is just more expensive because of speculators and the hope to get rich faster. The new softwares have more functionalities and are cheaper. Transactions in Bitcoin are a lot more expensive and Bitcoin is a lot more slow. But because it is the first one, it is currently the more expensive. But currently, cryptos are used mostly for speculation. I don't think altcoins can die as they have better tech and that would mean that cryptos are just for speculators if they die. As it is currently altcoins who are improving the technology.
Well ok all of the coins are "simply" software but I think your mindset is wrong. Yes Bitcoin was the first etc, however there is not only where it is due to speculation...which other crypto has so many miners (in other words has so much secure network)?
When I became acquainted with the cryptocurrency market, I made a big bet on altcoins. Now I see that it was more correct to think like this:
But technology is on the side of altcoins. Or are these utopian dreams? ...
altcoins are a way to make more bitcoin. that's all
This is in terms of earnings.But technology is on the side of altcoins. Or are these utopian dreams? ...
altcoins are a way to make more bitcoin. that's all
For long-term holding better bitcoin of course. Altcoins need to spend more time and you should carefully monitor the crypto market.
will you invest more in altcoins or prefer Bitcoin??? i think altcoins need more investors like Bitcoin?
Thank you for telling something that everybody knows. Anyways, I think investing in bitcoin is the safest way, in last 4 months, it rasie 300%, not much altcoin can rise like that and not fall too much after hype. And still, bitcoin is the most importance coin in this market, it's the last thing other alts want to become.
will you invest more in altcoins or prefer Bitcoin??? i think altcoins need more investors like Bitcoin?
altcoin does require a lot of investors so that the project can run smoothly, but for now I would rather invest more in bitcoin than altcoin, investing in altcoin now is more risky so it's better to invest 70% in bitcoin and 30% in altcoin , choose a potential altcoin that has good development before deciding to invest 
They are all good , but altcoins disappoints more than Bitcoin. Unless you will choose to be investing your money in the top altcoins in the market cause the ones that are not top rated usually end up as shit coins. Just like in 2017, I never invested in any altcoins, all of my money was invested in Bitcoin . Right from time I have been investing only in Bitcoin , it’s just recently that I started considering a few altcoins , and the altcoins on my portfolio isn’t even that much.
I put more of my focus on Bitcoin cause that’s what really works for you. I can’t be investing in altcoins because of the reason they need more money☹️ nah.. no way! I only invest my money where I’m going to make profit at the end. I didn’t come here to play games, I came here to make money and nothing else.
I have other business that I do and they need more finding , so the money I get from this investment is what I use to fund those. Another thing you will have to know about Bitcoin is that it requires patience and the risk you will be taking in when it comes to losing your money is bigger than what might happen if you’re investing in altcoins.
I put more of my focus on Bitcoin cause that’s what really works for you. I can’t be investing in altcoins because of the reason they need more money☹️ nah.. no way! I only invest my money where I’m going to make profit at the end. I didn’t come here to play games, I came here to make money and nothing else.
I have other business that I do and they need more finding , so the money I get from this investment is what I use to fund those. Another thing you will have to know about Bitcoin is that it requires patience and the risk you will be taking in when it comes to losing your money is bigger than what might happen if you’re investing in altcoins.
Now or in the future, bitcoin is the right choice to invest compared to altcoin which has a different potential level, the dominance of bitcoin is quite high so that it can generate profits for even short-term investments
yes, bitcoin will always be the best choice on crypto world rather than altcoin
but, we need altcoin too mate, because without altcoin there will be no comparations for bitcoin
Now or in the future, bitcoin is the right choice to invest compared to altcoin which has a different potential level, the dominance of bitcoin is quite high so that it can generate profits for even short-term investments
Bitcoin is it for me. It has the highest market capitalization has highest acceptability though nothing magical should be expected as to price but surely bitcoin will always do well in the long run
As profitable as altcoin could be with just some few money, I would choose altcoin, reason being that bitcoin has gotten more acceptance unlike altcoin and so there will definitely be demand for bitcoin which will increase it's value.
So you see that bitcoin is getting more acceptance and that there will be more demand but you would choose altcoin? Where is a sense in that?
I would always choose bitcoin because if altcoins are to succeed bitcoin has to succeed first. It's a simple rule. There's no altcoin market without bitcoin.
As profitable as altcoin could be with just some few money, I would choose altcoin, reason being that bitcoin has gotten more acceptance unlike altcoin and so there will definitely be demand for bitcoin which will increase it's value.
will you invest more in altcoins or prefer Bitcoin??? i think altcoins need more investors like Bitcoin?
I guess it really depends on the altcoin that we're going for, Bitcoin is really hard to beat and it will remain as King, if not forever. Though there are quality coins that will be huge because of cases with them having real partnerships (not just verbal) and making efforts to get listed in top exchanges like Binance for more volume. I invested in one altcoin way back 2017 and I haven't seen so many efforts, marketing, or constant updates to the community at all. Those are the altcoins that you may need to stop following.
It is very good that I do not have to choose, and can invest in both. If I have no choice, I would pick Bitcoin without any doubt. It is a market "maker", the leader of the cryptocurrencies. All cryptos depend on its ups and downs. Therefore, they grow/fall together with it.
Nevertheless, I think that Ethereum can be chosen also - it will stay the leader of altcoins forever.
I took over between altcoin and btc because I was sure that if I had a lot of investments in altcoin that had great potential it could give me an advantage when the market had stabilized. What's more, I see that the price of BTC is slowly going up and we need to pay attention to that so we don't lose the moment to sell.
in my opinion if you are going to invest now it's better to choose more in bitcoin, investing in altcoin now has a higher risk of loss, it's better to find safe by investing your capital 70% in bitcoin and 30% in altcoin, if you want invest all your capital in altcoin then choose potential altcoins that are included in the top 10 CMC
What you are saying is clearly a fact, that altcoin is currently in a dilemma and cannot move to escape the difficulties that continue to occur. although many altcoins have started to develop, but they are not comparable to those who do not do transactions anymore. it still remains that bitcoin is still the most reliable investment, although it may be quite a lot of capital compared to investing in altcoin.
in my opinion if you are going to invest now it's better to choose more in bitcoin, investing in altcoin now has a higher risk of loss, it's better to find safe by investing your capital 70% in bitcoin and 30% in altcoin, if you want invest all your capital in altcoin then choose potential altcoins that are included in the top 10 CMC
Many altcoins don't have real projects and are just like pump and dump projects. If we can diversify our investment in potential bitcoin and altcoin, I think we will get some profits from our investment
The thing that I don’t understand about altcoins is that if they all have a very great idea in their whitepaper, what stops them form fully working according to the working product that was proposed on their whitepaper, do I call it laziness or lack of will to just do those things because if you really take a look at some product’s whitepaper, you will see that most of the product that they propose in their whitepaper is really of good quality but I wonder why we end up seeing some failed projects.People want to really diversify, but they are not being encouraged by developers of those projects because they are not really making their products that seen and useful like the way bitcoin is, it was not easy when satoshi started also, but he kept on pushing until bitcoin scaled through.
What stops them is the user base! Look at Bitcoin dominance in the cryptomarket, most people still use BTC, for trading, gambling, buying and selling things. Other projects work on that, they are trying to grow their user bases but it`s going slow. Generally, the entire crypto community is not so big, can anyone say how many people use cryptocurrencies at this moment? Maximum 5% of the global population? What you think it will happen when that comes to 10%, and later to 20%? Do you think there will be Bitcoins for all? Of course not, there will be a need for other coins too.
My choice is clear, have some Bitcoins, but have some altcoins too. Some of them are really good and some of them have a bright future.
Bitcoin to me is less risky to invest because of its popularity and there's a huge possibility that it will be relevant in the future, but some altcoin may loose their relevance and others may be abandoned by the team and developers which could spell doom for the holders of the token.
Yes bitcoin is one of the less risky coins to invest in cryptocurrency, because its popularity from the past until now is still shining and will be relevant in the future, there are some altcoins that can follow the bitcoin trend but I myself will also choose bitcoin for investment because of the small risk Jump to: