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Topic: Bitcoin or Altcoins? Which is safer or more profitable? - page 23. (Read 4202 times)

legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Both are profitable. However divesting your investment is wiser and safer.....

If you look at this years returns, then you can find that both of them have been profitable. BTC has returned close to 750% returns till now (if you add up free BCH and BTG coins, then it is close to 900%) and with Ethereum, the ROI till now has been more than 3,000%. The trick is to diversify your portfolio and to hold on to your coins.
full member
Activity: 504
Merit: 100
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

Really depends on how fast or how much do you need the money. But in my opinion, bitcoin investments are for long term. When I mean long term, it's really gonna take long, about 1 year for a really good profit. If a short term investment is what you're looking for, alt coins gives profit on a very fast scale (during and after ICO) but the pay is a bit low.
member
Activity: 378
Merit: 11
Both are profitable. However divesting your investment is wiser and safer.....
full member
Activity: 164
Merit: 100
There are some really good ICOs... check out these guys are talking about top 5  https://www.youtube.com/channel/UC2xsavNLSzXNA1H89ZGgQuw

These guys organize a cool conference on November 27th in Singapore, it's called BlockShow. I'm thinking to go, but tickets are expensive, so I'm still thinking...

I bought it with 30% discount. The code for the discount is VIP30, in case you buy tickets.
newbie
Activity: 6
Merit: 0
BTC2x really is the most promising coin I have ever seen since the last times, better than the BTC, with all improvements.
I will hold and add it to my wallet.

I hope it serves. Cheesy
member
Activity: 126
Merit: 10
There are some really good ICOs... check out these guys are talking about top 5  https://www.youtube.com/channel/UC2xsavNLSzXNA1H89ZGgQuw

These guys organize a cool conference on November 27th in Singapore, it's called BlockShow. I'm thinking to go, but tickets are expensive, so I'm still thinking...
member
Activity: 196
Merit: 10
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
Safe and profitable never go in the same sentence, if you want something safe then it is not going to be as profitable, and if you want something profitable then you are going to assumes huge risks, if you want to be safe then invest in bitcoin and while you can get profits you are not going to get the profits you could get by investing in an ICO but you do not get the huge risks either.
sr. member
Activity: 1400
Merit: 283
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
Well if we are talking about safety wise all the cryptocurrency are a bit risky to invest in some more than others, but this risk comes at the cost of profit, investing in cryptocurrency espascially in bitcoin can get you some really good and fast profit, so if you are asking which is better to invest in for profit and with less risk i would say bitcoin, because the other coins people only use them as backdoors to bitcoin they mine and try to get ethereum or litecoin or whatever other cryptocurrency there is just to exchange them to bitcoin because it is starting to be hard to get, but all in all cryptocurrency is becomining more and more sort of the new era investment, because people know that soon papaer moeny will disapear and digital money will take place.
full member
Activity: 427
Merit: 100
Bitcoin has a high value as of now. So, the rising room for bitcoin is limited as compared to altcoins that are priced in cents.

For much higher returns, altcoins are the best, but they can be a bad investment due to fraudulent altcoins out there. So, do complete research, especially the coin's history, social presence and the dev team's work.
full member
Activity: 434
Merit: 101
for me bitcoin and altcoin both are important and valuable because both are crypto currencies are are very good for profit. in these bitcoin is the pioneer and highly popular currency while after this the other currencies comes into the market which we called alt coins which are also good for profit they are also growing in the crypto world and very good at all.
newbie
Activity: 56
Merit: 0
Bitcoin forever... It's more profitable n trustworthy
member
Activity: 238
Merit: 10
Revolutionizing Brokerage of Personal Data
from autumn bitcoin os more profitable
sr. member
Activity: 618
Merit: 250
The safetyness of your investment depends on how you are going to handle your wallet or your earnings. But if you will really secure your wallet, then probably investing in Bitcoin is a lot safer than investing in Altcoin because there are many technologies supporting Bitcoin.

Bitcoin and Altcoin is both profitable but in a different way. Bitcoin is for long term investment while Altcoin is for short term investment.

We needn't have to argue about which of them is profitable here because bitcoin has shown time and time again that it is more volatile than the altcoins and has therefore the tendency to grow with a bigger margin. It has withstood the test of time and so can be said to be safer than the newer coins which are all looking upto bitcoin.
They are both safe and profitable. But interms of popularity bitcoin is gonna win, also since bitcoin is the first digital currency created, so it is much known and many user until now. Although there is a little problem about its stability in price they are still using it because they believe they can earn, even they know its risky.
sr. member
Activity: 588
Merit: 250
Bitcoin is more safer as compare to altcoins,its been there for quite a long time now and is growing .on the other altcoin are still kind of new ,they boost up to rapidly and same trend is followed when their value increases ,altcoins are more profitable as of now,but it bring lot of risk with it too.Treat bitcoin as an investment,so it can provide profits later in life and before trading altcoins,understand the market and its trends.
sr. member
Activity: 308
Merit: 250
Bitcoin and Altcoins have different ways, Bitcoin is good for long-term investments while altcoin is in the short term, but the best option is in bitcoin
full member
Activity: 798
Merit: 109
https://bmy.guide
Not all altcoin are profitable there are so many emerging altcoins now in crypto market cap, I stored altcoin ethereum to my wallet I know this altcoin have a potential to grown up like bitcoin did. Bitcoin is my most precious crypto coins I stored and invested this and lock up in my wallet for the better future.
hero member
Activity: 966
Merit: 552
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
Yes making investing into bitcoin is still safe even if you doing right now due to about 62% of Institutional Investors are Buying or Considering Buying Bitcoin can be seen bitcoin's price rise up more than $8000/ bitcoin now, unfortunately investing into bitcoin needs large of money, it is not problem for bagholders, but will be hard for little investors who doesn't have large of money to invest up to 100 bitcoin, the best choice is they can invest into the alternative coins although it needs much money too, the big chance to getting profit is investment in the ICOs, it can be used small and big amount of money, so depending on your capital which are choosen of course based on your analysis.
legendary
Activity: 1218
Merit: 1000
Well, it all depends on you. storing bitcoin and altcoin have the same potential to gain enormous profits, but it depends on you being able to estimate it or not. well, lots of people benefit from bitcoin, and also altcoin. well, both have the same potential.
newbie
Activity: 25
Merit: 0
Bitcoin and Etherium most profitable now and I think this will continue aoк a long time. But Altcoins so rapidly develop and someday one of them will beat Bitcoin.
full member
Activity: 630
Merit: 103
Each cryptocurrency has the advantages and shortcomings. Bitcoin, I consider, is safer from the point of view of hacker breakings, the attacks of mining-pools (51%). As it has the strongest and big community of developers which constantly are engaged in enhancement of code of blockchain of bitcoin. In addition to it, the bitcoin has stable and constantly growing demand in the market that does it by rather good means of accumulation. In turn, altcoins have very high volatility. Some of them on volatility exceed bitcoin several times. Therefore, I think, more profitable for short-term trade in the market are altcoins
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