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Topic: Altcoins are better bet now! - page 2. (Read 362 times)

hero member
Activity: 1526
Merit: 555
December 11, 2024, 05:31:41 AM
#15
While Bitcoin is promising, investing in it now is riskier. Investing in altcoins is generally safer and more beneficial as some have yet to reach their full potential.

Investing in Bitcoin now is not risky at all despite that the price surged to $100k, if you were observing the market, you will notice that the price once drop to $90k+ even after surging to $104k. So, if you had buy then, you will still be in profit as the price got back to $100k. You think that altcoins is the right choice to make now because some of them have not pumped but I doubt if you can be 100% accurate of the altcoins that's will pump, you will end up putting your capital at risk by investing into an altcoin that you are not sure will pump.

As other have said, it really depends on your purchasing power, if you have a bigger funds then I wouldn't risk it on that alts the OP are trying to promote. We all know here that altcoins are riskier as their market is very much volatile and there is this sort of pump and dump scheme that if you are already investors, you might be late if dump happens because you are sleeping and it's obvious because of the different time zone.

Although there are solid altcoins, those who still enjoy the consensus and the support of the altcoin community, they could be old but still they are in the top. And then there are altcoins that has the current hype and that's where some of the altcoins investors, who loves risk are going to invest. But not to a unknown like MOZ who I don't see any hype at all.
hero member
Activity: 826
Merit: 552
Leading Crypto Sports Betting & Casino Platform
December 11, 2024, 03:55:29 AM
#14
While Bitcoin is promising, investing in it now is riskier. Investing in altcoins is generally safer and more beneficial as some have yet to reach their full potential.

Investing in Bitcoin now is not risky at all despite that the price surged to $100k, if you were observing the market, you will notice that the price once drop to $90k+ even after surging to $104k. So, if you had buy then, you will still be in profit as the price got back to $100k. You think that altcoins is the right choice to make now because some of them have not pumped but I doubt if you can be 100% accurate of the altcoins that's will pump, you will end up putting your capital at risk by investing into an altcoin that you are not sure will pump.
jr. member
Activity: 476
Merit: 7
Navigating the Crypto world & Holding BGB Along..
December 10, 2024, 10:53:58 PM
#13
Bitcoin has surpassed $100K, increasing interest in cryptocurrency. Now, I get a lot of questions about if investing in Bitcoin right now is the best decision.

While Bitcoin is promising, investing in it now is riskier. Investing in altcoins is generally safer and more beneficial as some have yet to reach their full potential.

While there are many altcoins, those related to blockchain are superior, as more projects will be built on these blockchains. This, in turn, means increased exposure to blockchain and better performance for their native tokens.

Ethereum and Solana are prime examples of successful blockchain projects. Lumoz Token is another promising blockchain initiative, featuring multi-chain compatibility and other appealing attributes.

Lumoz Token (MOZ) is a promising investment option, and I discovered that it will soon be listed on exchanges. You can DYOR on this and other altcoins before investing in them.

If you have any ideas about the project or other projects that could be helpful, please share them.

I wouldn't say it's late to invest in BTC now. It depends on your purchasing power. A whale can still get into but if you're looking for more roi then I'll suggest alt like you said. Moz could be good cos I see them talking about ETH3.0 and they tackle computational challenges like high cost in zkp

Price trend is also decent probably fueled by this ongoing Poolx Poolx. So that could be your entry imo if you're looking into it.
hero member
Activity: 3192
Merit: 597
Leading Crypto Sports Betting & Casino Platform
December 10, 2024, 06:20:46 PM
#12
Bitcoin has surpassed $100K, increasing interest in cryptocurrency. Now, I get a lot of questions about if investing in Bitcoin right now is the best decision.

While Bitcoin is promising, investing in it now is riskier. Investing in altcoins is generally safer and more beneficial as some have yet to reach their full potential.
Dude, don't twist what's better and what is not. In my experience of holding and trading, Bitcoin has been always the safer bet of them all. People will continue to say that it's not and it's not profitable because it's expensive but all of those are based on their opinions and they probably never held any Bitcoin.

Lumoz Token (MOZ) is a promising investment option, and I discovered that it will soon be listed on exchanges. You can DYOR on this and other altcoins before investing in them.
Nice try, so this is the altcoin that's better to buy and invest than Bitcoin?
No, thank you.
sr. member
Activity: 182
Merit: 120
December 10, 2024, 05:37:38 PM
#11
The topic and the article write is different, I thought op will list some benefit why altcoins are more better compared to bitcoin. There’s no disadvantage listed above concerning bitcoin so how is bitcoin risky, I don’t care what people think about bitcoin vs altcoins because the discussion is becoming overbearing but, guess what?people are actually taking advantage of bitcoin now when it’s still early probably you just believe more in promising coins no doubt. I will not be surprised if altcoins in general fall just as the name imply alternative coins meaning the existence of altcoins came as a result of bitcoin, till date they’re still trying to invent something better  yet bitcoin remains the best.
hero member
Activity: 2912
Merit: 556
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December 10, 2024, 12:36:35 PM
#10
Rather than invest in MOZ, I prefer to invest in Bitcoin which is more promising to rise in the future. However I agree that altcoins now perform better than a few months ago as many altcoins increase at the same time and make us confuse which one we can sell.

I don't think investing in altcoin generally safer and more beneficial because when Bitcoin price is down, many altcoins follow the Bitcoin movement. You can check it at the market so you will know what happens to altcoin. When the bear market comes, many altcoins can not survive in the hard situation.

That will give you a loss on your capital so you may think twice if you want to invest in altcoins. You must research before you select the altcoin.
hero member
Activity: 952
Merit: 617
Leading Crypto Sports Betting & Casino Platform
December 10, 2024, 11:21:34 AM
#9
Investing is not by buying and selling but buying and hodli for long term. There is no price that you will buy bitcoin, and you will not make profit after four years. I can assure you that even as bitcoin is at 100k, if you buy now in few months, you will make profit because 100k is not the highest price that bitcoin will reach this circle. No altcoin can outsmart bitcoin in profit.
sr. member
Activity: 630
Merit: 387
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December 10, 2024, 10:20:55 AM
#8
Bitcoin has surpassed $100K, increasing interest in cryptocurrency. Now, I get a lot of questions about if investing in Bitcoin right now is the best decision.

While Bitcoin is promising, investing in it now is riskier. Investing in altcoins is generally safer and more beneficial as some have yet to reach their full potential.
OP, you said investing in Bitcoin is risky, I want to ask are you aware of Bitcoin? Do you think altcoins are risk free? In fact, Bitcoin is the least risky of all coins. Do you think that the price of Bitcoin will not rise again? The price of Bitcoin will definitely increase in the next year. And if you invest in Bitcoin and hold it for a long time, you can definitely profit. Now you think it is possible to make a lot of profit by investing in altcoins. Yes I also think investing in altcoins can be very profitable but very risky. Many have lost by investing in some altcoins but still haven't been able to recover. But Bitcoin has fulfilled everyone's expectations, everyone is profiting by investing in Bitcoin. However, it may be better to invest in the top altcoins in the market along with investing in Bitcoin. Yes, ETH, SOL can be good to invest in these coins. Finally I will say that investing in Bitcoin is the best. Bitcoin should never be compared to other coins.
hero member
Activity: 2632
Merit: 833
December 10, 2024, 03:02:48 AM
#7
Bitcoin has surpassed $100K, increasing interest in cryptocurrency. Now, I get a lot of questions about if investing in Bitcoin right now is the best decision.

I'm not sure what you mean by this, in any case, you know that Bitcoin is the king of crypto right? And so there is a likelihood that it will not fail us or as what you have said, a riskier investment.

Ethereum and Solana are prime examples of successful blockchain projects. Lumoz Token is another promising blockchain initiative, featuring multi-chain compatibility and other appealing attributes.

Lumoz Token (MOZ) is a promising investment option, and I discovered that it will soon be listed on exchanges. You can DYOR on this and other altcoins before investing in them.

Only this two has the potential, I don't know about MOZ but it's obvious that you have been shilling it. And sorry to burst the bubble for you, it is much riskier to invest on it as compare to Bitcoin. Yeah, their could be potential profits but I would rather invest on solid altcoins in the top 10. They are still way below their ATH and with that, it means that there are also big profits to be made with them as compare to new altcoins that hasn't been tested.
hero member
Activity: 1736
Merit: 798
December 10, 2024, 02:42:36 AM
#6
Although I'm not a big supporter of Bitcoin (BTC), I know that of all the cryptos out there, Bitcoin (BTC) is the safe haven. No matter how good the performance of altcoins like Ethereum (ETH), Ripple (XRP) is, it will not be as safe as Bitcoin (BTC). So never compare $BTC with altcoins, yesterday, today or tomorrow. Make altcoins a place to profit from the hype that's happening, don't get stuck there, because the hype will slowly fade. Just look at how NFT & AI tokens are now.
full member
Activity: 518
Merit: 227
December 10, 2024, 12:18:49 AM
#5
Your probably late now if your planning to invest bitcoin since it's already reached the predicted value for this year . As you can see its now seems making correction and has no potential to go higher.
i find your statement to be misleading when you conclude that bitcoin has no potential of going higher than this. i understand that for someone that is working on doing a short term investment and hopes to get his returns this year, investing in bitcoin at $100k can do you a little good compared to some altcoin but then, this bull hasn't affected altcoins that much and basically, altcoins have had to depend much on bitcoin for being bullish.
the bull comes with a lot of false project and if care is not taken, investing in them can be devastating sometimes. my subjection will be that you are not late if you hope to invest in bitcoin at the moment though it will demand that you stay invested for a longer time before your expected returns comes and for altcoins, its still best not to overinvest in them above what we can afford to lose.
sr. member
Activity: 2016
Merit: 283
December 09, 2024, 09:59:13 PM
#4
Your probably late now if your planning to invest bitcoin since it's already reached the predicted value for this year . As you can see its now seems making correction and has no potential to go higher. So if i were you wait until it finds new support zone before investing.
 For altcoins i think it's a good decision to find good investment coz fyi they always go to the moon after Bitcoin and we called it ALTCOIN SEASON. although top alts and Btc have same reaction in the market but no doubts that they will make a confirmation to continue making ATH when alt season start while bitcoin is resting. 
sr. member
Activity: 336
Merit: 292
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December 09, 2024, 05:03:59 PM
#3
People, including yourself, @OP, need to understand that altcoins mostly follow the footprints of Bitcoin and they don't move individually other than a few instances where some altcoins might have moved up or down individually but those are different cases and there are different reasons for it. When it comes to the market as a whole, cryptocurrencies other than Bitcoin follow its movements, and you will barely see altcoins going in positive when Bitcoin is in red and vice versa.

So, the suggestion about not investing in Bitcoin but going for altcoins is not perfect and it can be misleading because if investing in Bitcoin is risky at the moment because it has gone very high already, then the same applies for altcoins as well because if Bitcoin crashes, you won't see altcoins going up. This is why investors should invest based on their financial targets and goals and not based on this fact.
hero member
Activity: 798
Merit: 702
December 09, 2024, 01:36:28 PM
#2
Bitcoin has reached the $100k level, but that does not make it a risky investment. In fact, it's risky to invest in any volatile asset, but that volatility is also the advantage, which is why you see price increases. 
 
Altcoins you are hyping most of them might seem very promising; no doubt some will even outperform bitcoin in times of price increase over a short period of time, but when they drop below their ATH, some never see close to that again, leaving those who bought it at that price in a loss. 
 
$100k as is just a start to where I believe the bitcoin price will get to. Investing in it now should be by choice anyways, and whoever wants to make such a move should do the risk assessment and decide for themselves; even if the price drops below $100k, which Bitcoin has reached, just give it time and it will bounce back up.
?
Activity: -
Merit: -
December 09, 2024, 11:01:30 AM
#1
Bitcoin has surpassed $100K, increasing interest in cryptocurrency. Now, I get a lot of questions about if investing in Bitcoin right now is the best decision.

While Bitcoin is promising, investing in it now is riskier. Investing in altcoins is generally safer and more beneficial as some have yet to reach their full potential.

While there are many altcoins, those related to blockchain are superior, as more projects will be built on these blockchains. This, in turn, means increased exposure to blockchain and better performance for their native tokens.

Ethereum and Solana are prime examples of successful blockchain projects. Lumoz Token is another promising blockchain initiative, featuring multi-chain compatibility and other appealing attributes.

Lumoz Token (MOZ) is a promising investment option, and I discovered that it will soon be listed on exchanges. You can DYOR on this and other altcoins before investing in them.

If you have any ideas about the project or other projects that could be helpful, please share them.
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