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Topic: Bitcoin or Altcoins? Which is safer or more profitable? - page 19. (Read 4170 times)

legendary
Activity: 3276
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
I prefer bitcoin because it is the first cryptocurrency. Everything depends on bitcoin

It is true that most of the altcoins are interdependent on Bitcoin. If you check the trade volumes, then it can be seen that the fiat vs altcoin volumes are quite low. Almost all the trading involving altcoins is derived from altcoin vs Bitcoin trading. This itself proves that altcoins can't survive without the existence of Bitcoin.
jr. member
Activity: 126
Merit: 1
Like all the other voters I still prefer Bitcoin, the price of altcoins very much depends on bitcoin, and it's a long-term investment but you can still make a good profit from these altcoins but not in a long term, some altcoins go down the drain, they are good at starting but they cannot keep up.
I prefer bitcoin because it is the first cryptocurrency. Everything depends on bitcoin
member
Activity: 266
Merit: 11
Both are good investment as long as you're willing to risk. For btc, it is already stable and it's actually a good time to invest since it has a low price for now. Later on, it will just go back to it's own pace, so it will be now or never. Well, for altcoins, less are expected from them, but if you'll be able to choose a good coin, profit will be guaranteed.
legendary
Activity: 2450
Merit: 1047
Like all the other voters I still prefer Bitcoin, the price of altcoins very much depends on bitcoin, and it's a long-term investment but you can still make a good profit from these altcoins but not in a long term, some altcoins go down the drain, they are good at starting but they cannot keep up.
member
Activity: 98
Merit: 13
Experts think  Bitcoin and Altcoin have the opportunity to get the same benefits. The only difference is how we buy and sell the coin. You have to choose the right time in buying and selling coin then you can get a chance to get a profit. All coins have the same chances and the only difference is time. When you determine the right time you can get whatever we want.
member
Activity: 238
Merit: 10
Long Term: Bitcoins
Short Term: Altcoins

Bitcoins is the first cryptocurrency, and that makes it the most trusted and used amongst all the other altcoins, so its the most safe to get hold of. However, since the price is so high right now, don't expect it to increase tenfold in the next few years as it would be a little unrealistic, but possible though.

Altcoins, or Initial Coin Offerings (ICO), can have potential if researched upon, which makes it more profitable, however, there are many scamcoins revolving about ICOs and altcoins, making it more risky than having Bitcoin.

It is up to you, but if you are new to BTC, I suggest getting some Bitcoin first. Smiley


I agree with you man. Altcoins are a bit risky if you don't have the knowledge. Bitcoin is the safest way to invest your money.
full member
Activity: 350
Merit: 100
BITDEPOSITARY - Make ICO's , More Secure
Hello family, I need to take an informed decision on this issue

With the present challenges with the blockchain technology and its present congestion ,

Is it still safe, wise and as profitable as before to start a fresh bitcoin investment?

I'm thinking that investing in a number of the other several altcoins might be much better

Pls I need your thoughts and opinions on this....thanks

In my opinion it is much safer to invest in bitcoin but it is much profitable to invest in altcoins. Bitcoin is a well established cryptocurrency and is known for its security and its known threats are scams and phishing sites which can be easily prevented through proper knowledge where as compared to altcoins in terms of potential profit, altcoins has a faster growth rate now compared to bitcoins.
member
Activity: 127
Merit: 10
Global Risk Exchange - gref.io
Bitcoin is easily your safest bet for a long term investment but altcoins can of course return higher profits if you choose carefully

Simply buy Bitcoin when it dips down very low Smiley

Your other major choice Ethereum is also good long term and it's at a reasonable price still
Both are profitable.  But in bitcoin you can buy for single price.  Unlike altcoins.  But in terms of earning I think its the same.
full member
Activity: 476
Merit: 108
Bitcoin will always be a safe option, It's prominent, popular and
highly employed by a variety of establishments and investments.
It's price is high and you can expect to see changes and
movement within a short period of time, profitable and reliably
a good investment option. Altcoins are very promising as well,
2018 i believe is the year of altcoins. Just do a thorough
research on which to invest.  Be mindful both options carry
and involve risk, if possible to have a better view invest on both.
You can balance it out and see how it goes, since both are very
good excellent investments if manage, and invigilated well.
Since it's your money, the decision rest entirely up to you.
member
Activity: 112
Merit: 17
There is no doubt about the fact that bitcoin is and will be profitable. Let us try and understand the reason for it. To begin with we must not forget that the valuation of bitcoin is purely based on demand and supply infrastructure. This means that with the less supply of Bitcoins the more people who invest on it the higher the demand. Accordingly, the higher will be the price. Its popularity would be the main reason for more people to invest. Although you cannot predict the exact trend of the price fluctuations, let us also analyze the two broad spectrums of its functionality in brief:

Short term investment: In the non-constant volatile trend, BTC has associated a lot of profitable markets and infrastructures which promotes the decentralized system of exchange. Along with the growth of this economy it allows a lot of short term investors to follow the logic “Buy the dips, then sell high” and circulate more of bitcoins in the market. This on one hand proves profitable to the investor, on the other hand helps in multiplication of the BTC circulation.

Long term investment: In the new world of digital crypto currency, investors will go for long term for various reasons. First it allows eradication of the middle man globally. This allows you to enjoy 100% whatever you profit. Secondly, the study of the price graph for the last five years shows minimum variance. This benefits most of the long term investors. Finally, with the growth in the technology the more people engage in bitcoin mining, the circulation of bitcoin will multiply and help bitcoin community grow. This has helped a lot of poor investors to become millionaires in a span of 9 years.
full member
Activity: 476
Merit: 101
They are safe if you know how to take care of them like never exposed you private keys and backup phrases. On being profitable, they are both good in for the long term.
member
Activity: 84
Merit: 10
for long investment bitcoin more safe with good profit than any altcoin.
but you can pick etherium or litecoin if choose altcoin. do your own research
jr. member
Activity: 140
Merit: 1
Bitcoin is expensive but the positive of good return is high. Altcoin is cheaper but also have the same return. But as long as you earn from the both, then both are good.
full member
Activity: 238
Merit: 101
As everybody said, Bitcoin is a safer bet for longterm holding. It is THE coin representing the crypto market and which is heavily discussed in the media. Altcoins are great for shortterm trading, but as there is a lot of development and as there are many altcoins with specific use, it is unclear, how long one altcoin will last and if the value will be stable.
If you are planning to hold longer than 3 years, I would go for Bitcoin. 
full member
Activity: 196
Merit: 100
safer and more profitable if you have a lot of money is bitcoin, gains are massive in bitcoin because it has a big price than altcoins but if you can't afford to atleast buy more than 2 btc I think you should go for alts which has a lot of chance to pump but more riskier because it has more dump than bitcoin.
jr. member
Activity: 196
Merit: 1
I also predict etherium will go up in 2018.

So its worth investing in both bitcoin and altcoin. altcoin may go down when bitcoin goes up.
member
Activity: 252
Merit: 14
Marketplace for sensor data
It is expected that by 2018, Altcoin will grow rapidly, especially Ethereum, Ripple, Dash. Investing in such Altcoin will bring high profitability because of the current exchange rate is low. The investment in the Altcoin as above will bring high profit because the current exchange rate is low. But the risk is greater than your investment in Bitcoin. So if you decide long-term investment, invest in Bitcoin, and invest in Altcoin or other ICOs to prepare for the Index.
sr. member
Activity: 1015
Merit: 289
The safest option is as usual a diversified one. You should have in your portfolio both Bitcoins and well chosen altcoins. This is probably the both safer and more profitable solution.
full member
Activity: 252
Merit: 100
In my opinion, If you want a long term investment go to bitcoin because bitcoin is the mother of cyrptos. it is more stable and safest in all coins. but if you want a short term investment then go to altcoins like ethereum or litecoin. altcoins have the high profit.
member
Activity: 182
Merit: 10
The stock photography revolution
The trend of 2018 will be Altcoin, undeniable that Altcoin is growing very strong recently. So you should consider investing in Altcoin and Ethereum as if long-term investment in this coin will be profitable in the next 5 years. Ethereum in 2017 has increased by nearly 10000% compared to 2016, predicted that this coin will continue to grow rapidly in exchange for 2018. The advice for you is to invest in Ethereum instead of Bitcoin.
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