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Topic: Bitcoin or altcoin? - page 2. (Read 2420 times)

hero member
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December 24, 2022, 08:52:26 AM
I suggest and probably most people think that Bitcoin affects all altcoins. If it fails, all altcoins will fail and lose their value. Let's say you choose bitcoin. It comes with some degree of risk. You can earn or lose money on this investment. If you buy an altcoin, on the other hand, you are taking on the risk that bitcoin brings plus the added risk of the altcoin failing on top of it.

I think when you say about risk everything has a lot of risk but when you say bitcoin and altcoins of course bitcoin is definitely going to be better than altcoins regardless we can't rule out the fact that bitcoin stood as a wall for the altcoins when bitcoin collapsed then all are affected but when they are back in a very comfortable zone not necessarily altcoins will be back as they were before.
I think there are no references and choices when talking about bitcoin and altcoins, of course bitcoin is far above everything.
hero member
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December 24, 2022, 06:43:23 AM
in terms of 100% calculation of the value of the Assets you have, maybe 75% for you to put in BTC and 25% in altcoins. so that's what we say Bitcoin is better than Altcoin even altcoin is often a useless asset if you choose the wrong coin that you invest. I believe everyone here must have bought Altcoins for your portfolio and all of you have also been part of ICO, IEO and so on, Therefore altcoins are still a good hope for long term investments such as BNB and ETH.

On the one hand, the 75% that you put in the form of BTC dominates the profits you will get in the future because Bitcoin will have quite a fantastic value in the future.
When we talk about altcoins, we need to clarify which tokens we mean, because most of them are outright shitcoins and it is risky to invest even a few percent of your portfolio in them. BNB looks like a promising investment so far, but look at its price paired with bitcoin, it is constantly growing, and you understand that no asset is capable of showing only growth, the time must come when we will see a correction, so I would not consider BNB for investment now.

There is no doubt about investing in bitcoin, so it is a more reliable investment that will bring very good profits in the future. The opinion of experts is divided, but many say that bitcoin has reached its minimum values, and it will growth in the future, so it is difficult to find a better time to invest in bitcoin than now.
hero member
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December 24, 2022, 06:32:49 AM
It seems to me a much more logical choice than altcoins. Investing in altcoins is much more risky, of course, you can earn very high profits. But I think bitcoin makes much more sense in the long run.
A very high profit if indeed you are lucky to get 1 good project amidst the thousands of existing scam projects, it's too tiring lol
The risk is too great that many are leaving altcoins and switching to bitcoin. Even though in this case Crypto does have risks but clearly Bitcoin is safer when compared to Altcoins and of course being in bitcoin will be much better than some projects in altcoins which are not very clear.

Of course you are right to some extent, but there are many worthy projects. It's just that the cryptocurrency industry itself is very diverse to itself. But I believe that altcoins are of great importance for the field of cryptocurrencies, since any field of activity can be transferred to the blockchain, and it can be done on the Ethereum platform, since this is the preferred platform.

Yes, we should invest mainly in bitcoin for our safety, but also the importance of altcoins cannot be denied. Altcoins bring diversity to the market and the growth of the crypto industry depends on a lot of altcoins. If talking about alts, in my opinion, ETH is also worth investing in and holding, it is also one of the monuments that have stood next to bitcoin for many years. Bitcoin was the birth of the market, but it was ETH that helped the market grow and diversify as it is today.

Maybe for some other investor which also have huge capital to spend maybe investing only on bitcoin maybe best for them since they can generally play with their money and get profits on every movements, also they can chase its volatility depends on what they prefer compare to those small investors which only have enough balance where they cannot afford to buy expensive btc and earn a little dime on daily volatility that's why other choose alts because this tokens somehow gives huge profit if these investors know how they can play with fire with this.
sr. member
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December 24, 2022, 02:59:58 AM
If our capital is limited then to invest in altcoins is the best way because currently there are very many potential altcoins that we can rely on, and the profit we will get will be greater when compared to bitcoin which we can only buy less than 1 bitcoin, although the price increase greatly affects bitcoin nb but potential altcoins we can also rely on because they always follow the flow of bitcoin, But this all depends on our beliefs.
legendary
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Assalamu Alekum
December 24, 2022, 01:41:28 AM
It seems to me a much more logical choice than altcoins. Investing in altcoins is much more risky, of course, you can earn very high profits. But I think bitcoin makes much more sense in the long run.
A very high profit if indeed you are lucky to get 1 good project amidst the thousands of existing scam projects, it's too tiring lol
The risk is too great that many are leaving altcoins and switching to bitcoin. Even though in this case Crypto does have risks but clearly Bitcoin is safer when compared to Altcoins and of course being in bitcoin will be much better than some projects in altcoins which are not very clear.

Of course you are right to some extent, but there are many worthy projects. It's just that the cryptocurrency industry itself is very diverse to itself. But I believe that altcoins are of great importance for the field of cryptocurrencies, since any field of activity can be transferred to the blockchain, and it can be done on the Ethereum platform, since this is the preferred platform.

Yes, we should invest mainly in bitcoin for our safety, but also the importance of altcoins cannot be denied. Altcoins bring diversity to the market and the growth of the crypto industry depends on a lot of altcoins. If talking about alts, in my opinion, ETH is also worth investing in and holding, it is also one of the monuments that have stood next to bitcoin for many years. Bitcoin was the birth of the market, but it was ETH that helped the market grow and diversify as it is today.
sr. member
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December 24, 2022, 12:29:58 AM
People will most likely advise you to buy bitcoin, especially if they are longterm in the game already. This is because there were many very good alt coins that people thought would be the next big thing but actually disappeared. The same will probably also happen to ethereum and others that are now popular.
You said it all bro although am new to this whole bitcoin crypto stuff but with the little knowledge i have gotten i don't thing i would go any other coins apart from bitcoin because its consistency and volatility has proven that its way more reliable and lucrative than most coins so if i have any plans of investment i think i would go for bitcoin
hero member
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December 23, 2022, 07:29:23 AM
It seems to me a much more logical choice than altcoins. Investing in altcoins is much more risky, of course, you can earn very high profits. But I think bitcoin makes much more sense in the long run.
A very high profit if indeed you are lucky to get 1 good project amidst the thousands of existing scam projects, it's too tiring lol
The risk is too great that many are leaving altcoins and switching to bitcoin. Even though in this case Crypto does have risks but clearly Bitcoin is safer when compared to Altcoins and of course being in bitcoin will be much better than some projects in altcoins which are not very clear.

Of course you are right to some extent, but there are many worthy projects. It's just that the cryptocurrency industry itself is very diverse to itself. But I believe that altcoins are of great importance for the field of cryptocurrencies, since any field of activity can be transferred to the blockchain, and it can be done on the Ethereum platform, since this is the preferred platform.
hero member
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December 23, 2022, 05:09:12 AM
in terms of 100% calculation of the value of the Assets you have, maybe 75% for you to put in BTC and 25% in altcoins. so that's what we say Bitcoin is better than Altcoin even altcoin is often a useless asset if you choose the wrong coin that you invest. I believe everyone here must have bought Altcoins for your portfolio and all of you have also been part of ICO, IEO and so on, Therefore altcoins are still a good hope for long term investments such as BNB and ETH.

On the one hand, the 75% that you put in the form of BTC dominates the profits you will get in the future because Bitcoin will have quite a fantastic value in the future.
hero member
Activity: 1302
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Bitcoin Casino Est. 2013
December 23, 2022, 04:55:21 AM
In the current crypto market, the value of Bitcoin is compared with the value of AltCoin. It is never possible to get that much profit by investing in altcoins, most of the altcoins are scams. However, by investing in Bitcoins one can avoid facing losses. If the Bitcoin market is down, it will surely rise again. So Bitcoin has the most investments compared to altcoins among the current cryptocurrencies and the future of Bitcoin is the brightest.
Basically, all the values of altcoin in the cyrptocurrency market are sourced from bitcoin values, it can be confirmed that other altcoin values will follow the value or price of bitcoin, but talk about which is better between altcoin and bitcoin, actually both are quite good categories . But in terms of situations that are deteriorating in the Crypto market now it would be nice to be the main grip and maybe at this time it is very suitable to invest in Bitcoin.

There are several Altcoins that many people talk about that have good Value and certainty, like Ethereum is one of the Top Altcoins which I think is very good, and so is Coin Bnb, this coin is also very good in terms of making investments, but if you remember deeply a market situation that is currently a low market trend, it's better to invest in Bitcoin and this is very appropriate advice with the current market situation.

rby
hero member
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Brotherhood is love
December 23, 2022, 04:22:52 AM
In the current crypto market, the value of Bitcoin is compared with the value of AltCoin. It is never possible to get that much profit by investing in altcoins, most of the altcoins are scams. However, by investing in Bitcoins one can avoid facing losses. If the Bitcoin market is down, it will surely rise again. So Bitcoin has the most investments compared to altcoins among the current cryptocurrencies and the future of Bitcoin is the brightest.
What you said about bitcoin is correct. Bitcoin may fall to a large percentage  but we are sure it will rise again. This cannot be said about alcoins, some of them may not see their previous ATH let alone to see a new ATH. But whatever happens to bitcoin there's a guarantee that a new ATH would be seen
hero member
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Rollbit - Crypto Futures
December 23, 2022, 02:41:59 AM
You have a point. However, I consider people that are hampered because of the high price of Bitcoin as naive investors because Rome is not built in a day, and there's a chance for them to DCA  their investment in BTC before they know they will a whole BTC which is always a goal of every crypto investor.
It takes a process and patience for a building to become beautiful and full of history. On the crypto journey, Bitcoin has gone through all of that and many communities have an incredible level of patience so it's no wonder that they now enjoy investing in Bitcoin.
Instead of choosing a potential Altcoin, it is better to choose Bitcoin for investment.
It is enough for new investors to take the events experienced by old investors as a good example of investing in the crypto space.
newbie
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December 22, 2022, 08:01:05 AM
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member
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December 22, 2022, 12:47:27 AM
If you ask me to choose between bitcoin and altcoin I will always choose bitcoin. And it's not just me, everyone who knows about crypto will want to choose Bitcoin. Because we will never put our wealth in anything that is unexpired and untrustworthy. And Altcoin is an untrustworthy coin. It generates and end tokens every day.No one can guarantee his wealth here. And Bitcoin is a long term and trustworthy coin. So I will always prefer Bitcoin.
full member
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December 22, 2022, 12:20:22 AM
In the current crypto market, the value of Bitcoin is compared with the value of AltCoin. It is never possible to get that much profit by investing in altcoins, most of the altcoins are scams. However, by investing in Bitcoins one can avoid facing losses. If the Bitcoin market is down, it will surely rise again. So Bitcoin has the most investments compared to altcoins among the current cryptocurrencies and the future of Bitcoin is the brightest.
totally agree with you buddy, altcoins indeed for the price maybe we can count on it if we want to invest there, but like you said altcoins are very vulnerable to fraud and it's difficult to avoid it at this time. bitcoin is indeed the best and will continue to be the best for investment even though the price may be quite high but we can make purchases with the smallest nominal we can make and continue to save it until the time when the bitcoin price has increased again.
Altcoins are indeed alternative coins besides bitcoin with prices that are somewhat lower and cannot match Bitcoin.
But make no mistake Altcoin consists of many coins and there are many that have good prospects in the future.
Not all Altcoins are used as a means of fraud.
If you compare Atlcoin with Bitcoin, the difference is clear.
From crypto history it is clear that Bitcoin is the first cryptocurrency asset created.
It can be concluded that Bitcoin is the king or crown of all existing types of cryptocurrencies.
Altcoin prices are centered and follow Bitcoin prices, so it is clear that the key to altcoin price movements is in bitcoin itself.
Of course, there are altcoins that can indeed provide a positive and profitable side, but to make an investment, of course, altcoins need to be analyzed first, apart from the altcoins at the best rank currently on CMC.
There are always promising altcoins, but don't be tempted too because without proper analysis, you will fall into altcoin scams, and this is very common for altcoins that are just entering the market.
I really agree, that bitcoin has become the center of attention of every movement so that altcoins will follow what happens to bitcoin.
hero member
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December 21, 2022, 07:54:13 PM
It seems to me a much more logical choice than altcoins. Investing in altcoins is much more risky, of course, you can earn very high profits. But I think bitcoin makes much more sense in the long run.
Yes, you said it right.

You might be intrigued to see when people were making a lot of money with altcoins. Good for those that have sold and never went back to the same altcoin because most likely, the next one is going to be a verge of losses.

On that track, bitcoin is the best choice. It may not have been too short term just as the other altcoins but you'll get stability on this one. This is a market leader.
hero member
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December 21, 2022, 04:32:54 PM
It seems to me a much more logical choice than altcoins. Investing in altcoins is much more risky, of course, you can earn very high profits. But I think bitcoin makes much more sense in the long run.
A very high profit if indeed you are lucky to get 1 good project amidst the thousands of existing scam projects, it's too tiring lol
The risk is too great that many are leaving altcoins and switching to bitcoin. Even though in this case Crypto does have risks but clearly Bitcoin is safer when compared to Altcoins and of course being in bitcoin will be much better than some projects in altcoins which are not very clear.
hero member
Activity: 882
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December 21, 2022, 04:00:39 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Altcoin is for short time pump and not a good considerable choice of investment for the long term, but Bitcoin in whatever quantity is suitable for long-term holding.

Bitcoin is the best option during crisissuch as this period were the price of coins is low due to one market impact or the other.

You are right that Investing in most alt coins is more applicable for short-term, because if we see some incidents recently, then I think investing in any alt-coin is not very secure for your fund whether it is short-term or long-term.
On the others hand I think BITCOIN is always suitable for in any terms whether it can be long-term and short-term Although holding it is the best option, but for the short-term dips can be invested and sold at short-term highs it can be also a secure solution for the short-term trader. So i will say avoid investing in any kind of alt-coin at this current situation cause market conditions and FTT crash and Luna crash reminds us that there is no guarantee that another big coin will not crash after this.
hero member
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Magic
December 21, 2022, 03:43:38 PM
It seems to me a much more logical choice than altcoins. Investing in altcoins is much more risky, of course, you can earn very high profits. But I think bitcoin makes much more sense in the long run.

If you calculate risk/reward altcoins will loose, since to many of them fall to zero after the first hype. With bitcoin you can have more steady growth.
sr. member
Activity: 672
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December 21, 2022, 02:08:04 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Altcoin is for short time pump and not a good considerable choice of investment for the long term, but Bitcoin in whatever quantity is suitable for long-term holding.

Bitcoin is the best option during crisissuch as this period were the price of coins is low due to one market impact or the other.
hero member
Activity: 1414
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Leading Crypto Sports Betting & Casino Platform
December 21, 2022, 01:59:55 PM
In the current crypto market, the value of Bitcoin is compared with the value of AltCoin. It is never possible to get that much profit by investing in altcoins, most of the altcoins are scams. However, by investing in Bitcoins one can avoid facing losses. If the Bitcoin market is down, it will surely rise again. So Bitcoin has the most investments compared to altcoins among the current cryptocurrencies and the future of Bitcoin is the brightest.
totally agree with you buddy, altcoins indeed for the price maybe we can count on it if we want to invest there, but like you said altcoins are very vulnerable to fraud and it's difficult to avoid it at this time. bitcoin is indeed the best and will continue to be the best for investment even though the price may be quite high but we can make purchases with the smallest nominal we can make and continue to save it until the time when the bitcoin price has increased again.
Altcoins are indeed alternative coins besides bitcoin with prices that are somewhat lower and cannot match Bitcoin.
But make no mistake Altcoin consists of many coins and there are many that have good prospects in the future.
Not all Altcoins are used as a means of fraud.
If you compare Atlcoin with Bitcoin, the difference is clear.
From crypto history it is clear that Bitcoin is the first cryptocurrency asset created.
It can be concluded that Bitcoin is the king or crown of all existing types of cryptocurrencies.
Altcoin prices are centered and follow Bitcoin prices, so it is clear that the key to altcoin price movements is in bitcoin itself.
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