Topic: Bitcoin or altcoins (Read 2295 times)

For now I prefer altcoins over bitcoin, this is because the big profit opportunities from altcoins are better than bitcoin, especially new projects that carry the concept of defi and provide APY of up to thousands of percent per year so that it makes me not hesitate to make altcoins as the first choice.

When you increase the market capitalization of Bitcoin by buying it, you will certainly affect it less than if you use altcoins, due to the difference in market capitalization. So you will influence the price of an altcoin more than Bitcoin and a better idea if you want to hold bitcoin you want a more stable and reliable cryptocurrency. That is the most sincere advice I give you and note that any investment is risky, if you invest with a small amount of capital the risk will be small but if you invest a large amount, the risk is small. The risks are very high, so always hone your market knowledge and skills to be a smart investor.

In this world many people make large money when cryptocurrency first comes and everything go 1000x but now it is not possible because there are many thousand cryptocurrency in running. Bitcoin is also a coin like altocoins. It will be difficult to choose between BTC and altocoins nobody knows what is coming up next. We should understand the project and then invest. Thank you

I want to say my personal opinion Bitcoin is the mother of the coin I have to learn to hear lots of pair but BTC pair trading is too profitable cause all trading pair depends on BTC so Bitcoin and altcoin both need to depend on the situation. Nowadays blockchain-related token is very important I think for trade altcoin.

Altcoin are crypto currency other than Bitcoin. So far,  Bitcoin has the largest value in the crypto world. Even though some Altcoin could experience significant increase,we can't compare them to Bitcoin.
 Also we should not neglect the fact that Altcoin can lose Value within a short period of time or even turn out to be fake. It one's decision on either of the coin s/he chooses to invest in but the most crucial part is that before you invest in any coin,you should first make your research and be sure you have a better understanding of the coin, you want to invest in.

We know how this market moves, we know that alts only follow btc. Are you sure you know that too? Because, why you are still diversifying your funds to altcoins? When btc goes down alts will also follow. The only way to gain more profit is when you maxed out 100 percent of your investment on one coin and that is bitcoin.

People always have a full support with bitcoin but it is normal for someone to sell their bitcoins because they also want to earn a profit but this does not mean that they lose the support for bitcoin. They still support it because they still have a bitcoin left with them and they can buy a btc again once its value drop.

Yeah mate, you're correct, both of them can do the jerk.
Reasons you should invest in Bitcoin is coz, they are the most prefared and higher currency at the moment, they have sure been the best to hurdle despite the fluctuations of it's price.
Altcoin, reasons are coz you also watch them grow when Bitcoin fall, if you want higher profit I suggest you invest a fifty fifty percent of your income in both Altcoin and Bitcoin.
Wait for it as you'll sure get what you want outta them both.

The portion I currently have is 40% bitcoin and 60% altcoins. A safe choice for the long term of course bitcoin, but I never recommend holding it forever it's better to have a clear target because when we are already profitable then we should sell and enjoy the results of the profit, the price will continue to rise but sometimes it takes a long time to skyrocket like now.

I think this depends on our goals, if we focus on the short term (less than a year) then choosing altcoins is a better thing, the chance of altcoins to go up 2x even 10x or more in a year is easier to achieve than bitcoin which is currently stable with a percentage increase or insignificant decrease.

Bitcoin is considered the king of crypto. And everyone else is the same boy. But new conditions and new discoveries will have to be made in the world. So we do not have to assume that nothing else can come in the future to compete with Bitcoin .This is our fault. Seeing is believing. When it comes to choosing between Bitcoin and Altcoin, you can both choose and invest in both.

Bitcoin is king of all coins. If bitcoins price will be affecte.it affect the all coins. So bitcoins important of all coins. Bitcoin is any time to chang. It not easy to Gus's the price. It any time to up and down. So altcoin movement depends on bitcoin movement. Bitcoin is important of all coins. Bitcoin is frist coin of the all coin. That the reason bitcoins will be affecte altcoin also affect.

Altcoin movement depends on bitcoin movement. There is no movement that alcoin makes without bitcoin first making it. If it is rising and falling in both cases it is simultaneous. While the movements show very well in altcoins is because of low market cap. You can see an altcoin do x100 but bitcoin cannot do this in a short time. It is possible for the altcoin to crash back to where it was when bitcoin dip because it has a fragile support unlike bitcoin whose support is stronger at any time.
During first phase of bull, invest in altcoins, cash out and rebuy btc for bull second phase.

Bitcoin can be thought of as an index of the cryptocurrency market.  

Bitcoin is the world's first cryptocurrency.  Bitcoin is the most capitalized cryptocurrency.  Bitcoin has a very good chance of becoming the world's reserve currency.  

In this case, it will be included as an integral part in the gold and foreign exchange reserves of central banks.  

Altcoins are essentially experimental laboratories for testing various software and financial technologies.  

This is the difference between bitcoins and altcoins.  

This difference determines the dynamics of their market rates.

I agree with you, bitcoin still remain the king among other cryptocurrencies which is very easy for someone to make a huge amount of profits from bitcoin investment. Many people just like bitcoin for the good they have experienced from bitcoin investment, that made them to believe that bitcoin is more favorable than other coins in the community.

Those coins are very good but you cannot use them to compare bitcoin that has moved to $46,000 to allow investors to make a good choice. Ethereum and binance will give you good income but bitcoin income will be more bigger than those coins.

I have seen recently that some altcoins are doing wonderfully well even as bitcoin is going up and ranging. Altcoin like Ethereum is really on a bull move when looking at the chart. Even with all these altcoin gaining momentum, I am very certain that without Bitcoin potential bull move, they'll will remain stagnant because of the force of attraction that is pulling them as Bitcoin moves. For me, I'll prepare Bitcoin cause it is the major factor that keep all these altcoins in a moving progression.

A great analogy indeed, original is always the top, but it depends on how investors will work with the knowledge

of the asset that they will be using. If you know how to pick the right coin, whatever it is, both Bitcoin and altcoins do have opportunities
to bring a good amount of profits. Though it is not easy and there are many grounds to pick your side between the options that you have and invest your money.

Its up to every investors that where he like to invest. From myside bitcoin now has become a most popular and holded crypto currency in this world. This is going to be always in my portfolio. Now talk about about altocoins. Some altocoins can give better returns from bitcoin like polkadot, BNB. eth many coin you have to search about them analysis. So in my opinion we should have a portfolio of Bitcoin and altocoins mixed.

I admit that Bitcoin is indeed the best so far, although there are many coins that appear, but however Bitcoin is the best asset for investment choices,
it's no wonder that investors trust in Bitcoin is very high. So a lot of people who invest in Bitcoin are much bigger percentage than altcoins,
it's the right thing to do. Not because Bitcoin is the best, then we only focus on investing in Bitcoin without investing in altcoins, that is not
the right decision.

Because after all, successful investors become rich people, because they usually don't just invest in one asset. So what you're doing diversifying is
a good thing, because if we invest in several assets will make the profit that we generate can be maximized. But we still have to be careful in
choosing altcoins for investment, because not all altcoins are worth investing in. It is true that ETH and BNB are so far good choices for investment,
because they are both popular cryptos and are at the top of coinmarketcap rankings. So my advice is that 50% of our capital is invested in Bitcoin,
the remaining 50% can be bought for ETH and BNB. If we want to take a higher risk, maybe we can invest in a new project of around 10%.
Because new projects usually promise very large profits, but because the risks are very high, never use large capital.

bitcoin for now being the best for me. I always choose to invest in bitcoin, because bitcoin has a very good history and there has never been any fraud in bitcoin. in altcoins i invest there too, some altcoins look good like ETH and BNB for now. I chose these two altcoins to observe the percentage gain comparison with bitcoin.

That is a great analogy, and following it I believe that when non-original parts are used they have an effect that can damage the most important parts of the vehicle. In other words, why risk buying altcoins that have a low price that is likely to go down even more and sometimes not go up any more when you can invest in Bitcoin that is totally guaranteed to go up in price and at any price? moment, but I know that it will go up much more than $70k and seeing the history each new ATH is much juicier than the previous one, this should be reason enough to merit the good risk.