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Topic: Bitcoin or Altcoins? Which is safer or more profitable? - page 5. (Read 4193 times)

jr. member
Activity: 217
Merit: 1
I also think bitcoin is more safer and much more profitable since it's a proven fact that bitcoins are capable enough of large
and rapid price growths and dips as well. But it recovers fast if the market is well substantially at it's peak and best conditions.
But altcoins are also well known to be profitable, given the fact that you choose the best and reliable altcoins in the market.
But personally I invested and choose both, since altcoins lately depend on bitcoin's market conditions, it tends to follow it's
lead. So if bitcoins performs well, altcoins will perform remarkably well. If everything goes down, well it's a red day.
newbie
Activity: 180
Merit: 0
investment in most of altcoins is very risky but if you will choice the right one, it can be very profitable. On the other hand bitcoin - not so risky and not very profitable. For long term the best choice is to buy altcoins like eos, ada and neo imo
newbie
Activity: 154
Merit: 0
I think that profit is the same but bitcoin is just safer. You never know what gonna happen with noname altcoins but bitcoin is working science 2009.
member
Activity: 224
Merit: 10
A lot of people are arguing that Ethereum is safer than Bitcoin since it has better technology and more utility, which contrasts with Bitcoins main asset of it's name brand and being first.
full member
Activity: 966
Merit: 104
I think that now it's not worth counting on big profits from bitcoin. Therefore, it is best to distribute your funds in bitcoin, ethereum, and altcoyin, if you know which of them should be considered promising. This, probably, will be the most correct choice in the current conditions.
sr. member
Activity: 726
Merit: 251
I think you need to profit then the long-term investment of bitcoin better than altcoin and altcoin can be short-term investments. But not all altoin and you need to choose a good potential altcoin to make a profit. Bitcoin as a stable and good coin. So bitcoin can be safer than altcoin. Cool
member
Activity: 322
Merit: 10
for a long term investment I choose bitcoin, I think investing bitcoin is safer compared to invest altcoin. but if I want to trade I choose trading altcoin it is very profitable.
full member
Activity: 680
Merit: 173
Giggity
If you want a long term investment i think you should go on bitcoin because it has a high possibility to have profit and a low risk of loss and thats pretty good if youre just starting but if you would prefer short term investment you should go with altcoin because it is cheaper but it has a high possibility of risk because there is many Altcoins to choose and some of them are scams but some of them are high profitable but you have to choose carefully among many Altcoins.
full member
Activity: 308
Merit: 100
As per the current result of bitcoin says its value gets dull in market and etherium is in a good form in market value.Comparatively altcoins otherwise etherium is the crypto that profitable in the current market.
newbie
Activity: 159
Merit: 0
in my opinion,bitcoin is the safest place to invest and is good for long-term investing, plus bitcoin is the first trusted and trusted crypto currency. if for altcoin is actually more profitable to invest and trade, because altcoin has more potential in trade, but you must be smart and careful, because in altcoin there is a lot of deception and everything but I think it is better to invest in altcoins first since they have cheaper prices but choose those who have great backgrounds or those that have potential to grow its prices. After you get more and more profit then that's the time to invest in bitcoin to make more profit of it when it rises.so best of luckBTC
member
Activity: 378
Merit: 17
Both bitcoin and altcoins are equally profitable. It all depends on the market situation, some time it favors bitcoin and some time it favors altcoins. As far as safety is concerned, I think bitcoin is more safer than altcoins, there are only a few established altcoins, these are safer but all other altcoins are not that safer.
member
Activity: 789
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
Suppose you want a long-term investment, I suggest to invest in bitcoin. Because I have experienced it myself.
But if you want to try short-term investments, try starting with altcoin, like Ethereum, Litecoin, and EOS. Because the coin is arguably the best after bitcoin.
jr. member
Activity: 154
Merit: 1
I think most of the altcoins need more gestation time before they can start producing. They need to produce more tangible results and then they'll gain some traction. I'm just speaking of them as a whole and not as one particular coin or token.
I agree with this, but event at that, I think its good to have a diversified portfolio, so try not to still keep all your eggs in a basket. A mix with bitcoin being the larger share is ok.


Thank you
sr. member
Activity: 420
Merit: 266
Aside from Bitcoin and Ethereum, there are more than 1,200 coins and tokens to choose from. Choosing which coin would be the most profitable in the short or long term can be extremely hard. Coming to Bitcoin vs Altcoin, Investing in Bitcoin is a safer option, but the growth in Altcoin is tremendous and quick. There are many Altcoin which grew around 1000% in 8 months. With such profit, risk follows. While Altcoin is riskier when compared to Bitcoin. Bitcoin has a stable growth & drop, but Altcoin growth and drop is exponential.
newbie
Activity: 36
Merit: 0
This is a tricky question and there is no one right answer.

Safety depends a lot on the user too. And as an investor one should always do thorough research before putting any money in.

There are many interesting altcoins on the market with high potential for growing due to solid businesses the coin in based on.

People who want to change the world and see good things happening will continue investing in altcoins because they want to be part in these revolutionary businesses.

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full member
Activity: 688
Merit: 106
I think both of them are risky. However, with the development of Bitcoin, maybe Bitcoin is safer and can get more profitable.
Every investment have risk, but I only trust in bitcoin cause bitcoin is more profitable. In 9 years bitcoin is the only one coin that give unlimited income to all his investors.
sr. member
Activity: 630
Merit: 250
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
  Bitcoin or altcoin is essentially the same, the difference I think is only in the price and use of one or the other. Bitcoin is safe, I believe like other coins, I personally prefer bitcoin, I also like the etherium very much, it seems a bit more stable. There are many other altcoins, but I chose bitcoin, despite its fall, it will still be the first.
member
Activity: 154
Merit: 12
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
BTC for me you can make a considerable measure of profit and obviously in ALT you can procure a great deal of profit without a doubt. Since once ALT increment and once BTC cost increment you can procure twofold profit. More BTC and more ALT that you have you can make more profit. A large portion of the traders have a BTC and they have a considerable measure of ALTs for the future purposes.
legendary
Activity: 2044
Merit: 1008
Neither Bitcoin nor altcoins are safe, at least when compared to the other forms of investment. They are extremely risky assets to make investment, and you should be ready for a scenario where your entire capital can vanish. And regarding profitability, I'd go with BTC. Because a lot of altcoins are being created by fraudsters these days.
full member
Activity: 350
Merit: 102
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


I think bitcoin will grow stronger than the altcoins. That bitcoin is the main financial tool for large investors.
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