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Topic: Bitcoin or altcoin, which is better to invest into now? - page 14. (Read 4846 times)

newbie
Activity: 42
Merit: 0
I see future in Eth, but it's just my own opinion. All ppl around me think that I'm crazy
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
As Bitcoin keep climbing and altcoin keeps going down, is it better to invest in bitcoin or altcoin now?
It is better to wait till the forking events takes place and see how things go ,there is a possibility that the price would go down eventually after the fork and if you are planning to purchase bitcoin when the price is on an all time high ,the risk is yours and so is the case with Ethereum ,there is nothing wrong in investing in good alt coins if you think that it wont go down further as some of the coins are going down.
legendary
Activity: 1092
Merit: 1001
bitcoin is probably going up because a lot of people are moving their altcoins money to bitcoin, so they can get free bitcoin gold after the fork is done.
So altcoins are cheap, you can buy some right now and wait until the price goes up again, this is a very fair move and probably you are going to make a great return once that altcoins recovers again.
Bitcoin will always go up, so it is good to invest some money in there too.
sr. member
Activity: 616
Merit: 260
As Bitcoin keep climbing and altcoin keeps going down, is it better to invest in bitcoin or altcoin now?
I would say that the time to buy some altcoins is here
I assume that the price of Btc will go down after the hard fork what means the prices of altcoins will go up Smiley

Not because if ever btc crashes it doesn't mean altcoin's price will go up, but it can be possible if people move their bitcoins to altcoins after the fork. Not to mention most altcoin's prices usually goes up and down together with bitcoin's price. No one really knows for now. Your guess is just as good as mine.


Bitcoin at this point still serves as the 'gold standard' among cryptocurrencies. Trust and reliability are important, and bitcoin has withstood and grown through almost a decade of scrutiny, attacks and fear/fud cycles. It will probably remain the gold standard and entry currency for some time to come. Bitcoin doesn't begin to cover even a fraction of the total possibilities of blockchain tech. Other projects are taking over in these areas, and these no reason why they couldn't ultimately end up replacing or overshadowing bitcoin.
hero member
Activity: 994
Merit: 510
As Bitcoin keep climbing and altcoin keeps going down, is it better to invest in bitcoin or altcoin now?

It's hard to say but when a good altcoin is down, I would consider buying it. You want to buy low, so whether it is a good altcoin or Bitcoin, if it drops in price and it's a coin I believe in, I will consider buying it. Right now I'm buying Iota because the price has dropped and I think it has a good future. If Bitcoin drops in price, I will buy more of it. Sometimes you have to sell more of one coin to buy another, so I will sell a coin that is high in price to buy one that is low in price. I think this is a strategy that a lot of people use and as long as you are dealing with good coins, it should work to your benefit.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
If you are planning on to BUY BTC then you should probably drop the idea because BTC has increased way too much in a short span of time.
If you already have some BTC and if you want to invest in altcoins then you should try to hold it for a while until the price of BTC increases.
Then BUY altcoins when BTC starts crashing as Altcoins will be seeing a spike in price at that time. So you will get a profit in holding BTC and then you will get a profit while selling Altcoins.
mk4
legendary
Activity: 2786
Merit: 3845
Paldo.io 🤖
As Bitcoin keep climbing and altcoin keeps going down, is it better to invest in bitcoin or altcoin now?
I would say that the time to buy some altcoins is here
I assume that the price of Btc will go down after the hard fork what means the prices of altcoins will go up Smiley

Not because if ever btc crashes it doesn't mean altcoin's price will go up, but it can be possible if people move their bitcoins to altcoins after the fork. Not to mention most altcoin's prices usually goes up and down together with bitcoin's price. No one really knows for now. Your guess is just as good as mine.
hero member
Activity: 583
Merit: 503
The majority of alts has taken quite a beating due to the recent BTC-rally, and it certainly is damn tempting to buy a bunch of 'em. However, the bottom of many alts might be even lower as Bitcoin could shoot further up towards $10K as the market still looks extremely bullish. Don't know how I'm going to act myself, probably going to be a 50/50 situation (alts/BTC).
legendary
Activity: 1582
Merit: 1059
As Bitcoin keep climbing and altcoin keeps going down, is it better to invest in bitcoin or altcoin now?

Altcoins are no longer crashing like they were. They are starting to rise again, although they are not still catching up with bitcoin , since it's dominance is now 54%, and it normally was around 49/50%. So I would say it's still better to invest into bitcoins than in alts. Of course that there are still some cases of great climbs from alts, because of pumps, but it's hard to get on those.
LTC on the other hand, seems to be rising quite well, so for me it would be BTC and LTC investments right now.
full member
Activity: 503
Merit: 102
As Bitcoin keep climbing and altcoin keeps going down, is it better to invest in bitcoin or altcoin now?
I would say that the time to buy some altcoins is here
I assume that the price of Btc will go down after the hard fork what means the prices of altcoins will go up Smiley
member
Activity: 162
Merit: 24
Now?

It's hard to tell.

What if BTC has a correction to $5000 again? What will happen to altcoins?

I suggest hodl your BTC at the moment. Never chase an altcoin. If you missed the train, don't worry. Wait for a correction and buy.




The altcoins are in their correction right now. Some even dropped to an All Time Low.

So my question is, for what kind of correction would you wait?
sr. member
Activity: 2226
Merit: 347
As Bitcoin keep climbing and altcoin keeps going down, is it better to invest in bitcoin or altcoin now?
For bitcoin investment?No it isnt the best time to invest specially if you do go shorting unless if you do go for long term then anytime would be a sweet spot to buy bitcoin.Regarding on altcoins since most of them are on bargains as of now then if you do have the funds then i would really purchase on those coins which i do saw that has a potential and not carelessly choosing them up.
full member
Activity: 266
Merit: 100
Now?

It's hard to tell.

What if BTC has a correction to $5000 again? What will happen to altcoins?

I suggest hodl your BTC at the moment. Never chase an altcoin. If you missed the train, don't worry. Wait for a correction and buy.


sr. member
Activity: 1246
Merit: 263
It's all depend on the trader,
but i suggest you to get into altcoin right now,because most of it is underwater.
the reason is very simple,
because after this run we should see another pump caused by the whales for every altcoin.
but it need a time to do that and it should take a time for more than 3 months.
for short run,it's a good time to Hold more Bitcoin.
1.Another run will be happen in the next few days later on
2.Another split will be happen in the next few days later on,which mean instant profit

choose it,every trader have their own strategies and planning
hero member
Activity: 658
Merit: 500
As Bitcoin keep climbing and altcoin keeps going down, is it better to invest in bitcoin or altcoin now?

In my opinion btc price is too high to buy now, it's better to buy altcoin but of course altcoin which have good future. But if you have lot of money to throw in BTC you can buy it and get new free coin in the end of october
full member
Activity: 260
Merit: 104
If you currently have BTC I would trade it and buy alt-coins right now, their price is so cheap and almost inevitably will increase after the fork. With regards to the fork I do not think bitcoin gold will be worth much and so expect that you will make more holding alts than you would receiving the free btc gold.
copper member
Activity: 560
Merit: 253
As Bitcoin keep climbing and altcoin keeps going down, is it better to invest in bitcoin or altcoin now?
In my opinion, I think the best thing to do now is to invest in altcoins since the values are currently lower. You will start making profit once their values recover. Its actually a wise move to invest in now, adding to the fact that bitcoin is higher in value, which means that you will get more altcoins at lower value.
newbie
Activity: 23
Merit: 0
As Bitcoin keep climbing and altcoin keeps going down, is it better to invest in bitcoin or altcoin now?
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