Bitcoin or Altcoins? Which is safer or more profitable? - page 8.

Lamborgini

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Quote from: Eadefemi on November 15, 2017, 07:22:12 PM

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 afresh 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 and Altcoin are equally profitable. Because both do have good prospects for the future. If Bitcoin is already very promising, but if Altcoin not all can promise. So if you want to buy Altcoin should have the detail of choosing a good Altcoin for the future.

popoyuyun

newbie

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I think Altcoin will grow rapidly, especially Ethereum and Ripple . 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.

btc.xbt.btc

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I would say generally bitcoin is the safer-more stable of the currencies as it is the one often used to weight all other currencies. On the other hand however with alt coins it's easier to make very high margin profit. But if you ask for a personal opinion ethereum is my favourite crypto.

keeee

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Quote from: Eadefemi on November 15, 2017, 07:22:12 PM

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 own opinion, both are profitable but only depends on how long will you invest your money. For altcoins, you can invest your money for a short term investment only but for bitcoin, it is for a long term investment. If you invest your money longer in bitcoin, you can maximize the profit you can get.

CryptoBeefy

full member

Activity: 378

Merit: 100

It all depends on what price you buy in at but generally, it's going to be easier to make money on a decent alt. This is because the individual price is so cheap, it's much more likely for an alt to increase 10% over something like Bitcoin

perfect999

sr. member

Activity: 1652

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Quote from: howard.ashoul on November 15, 2017, 08:44:51 PM

With Bitcoin, you can be sure, that you will make profits. But it will be small profits. (low risk, low profits)
With altcoins you can't be sure about anything. You will either lose -90% or make 400%. (high risk, high profits)

You can check out my portfolio: http://www.coinparator.com/yKwJQH/

I own BTC for a very long time and as you can see, I'm still only 300% up.

Rest of the altcoins I bought recently. And as you can see, I either almost almost everything (MCO -70%, EBET -70%) or I make big gains (VTC +400%)

That’s true. Bigger the risk, greater the profit. Bitcoin is not much volatile and rises slowly as for bitcoin to grow, huge growth in market cap is required, whereas there are some undervalued altcoins that can rise more than 3X in no time and wont require as much market capitalization. Altcoins fall quickly in price as market falls, but the also rise as quickly when the market recovers. Therefore, to be on safe you can hold both bitcoin and altcoins in some proportions by dividing your investment wisely.

tabas

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Quote from: Qastessa on March 06, 2018, 02:40:11 PM

Quote from: tabas on March 06, 2018, 06:19:47 AM

About safety, bitcoin is and next are the top tier altcoins on coinmarketcap.com. That's my basis for choosing and suggesting to others about altcoin and there are altcoins that are growing more than bitcoin does but they are all dependent to bitcoin market.

Quote from: Elajus91 on March 06, 2018, 05:36:36 AM

Binance coin.

If it's still earlier, I would go with binance but I don't think it's still a good choice.

May be it is a good choice for you but I am not agree to buy anything bu8t only bitcoin, it is high in price it is increasing day by day and for it is the surely that soon I will be safe and tension free for my future and I can enjoy the my present as it is safe as well as my future, investing bitcoin is making high level saving as it use to pump with every increasing investment and the more investors are now attracting towards bitcoin so my choice is going to be the one and only high potentiated bitcoin.

As we speak about binance, they are experiencing some problems that made a lot of traders annoyed. If you don't agree on buying anything but bitcoin only. It's your choice, you have to do your own research so that you can decide for yourself. Most of us here are bitcoin believers so there's no problem with it.

zakirazak

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Activity: 287

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for the future digital currency is BTC but for the next generations I choose ETH
but between this two digital currencies,
I'm sure ETH is the best as an delivery in the ecosystem and transformation in the world of cryptocurrency economics
as well ETH is as my daily digital currency,
because BTC is a luxury class digital currency that I can not afford to get it now more than 1BTC and it is considered a valuable treasure which is very dear to be used as a daily digital currency
but I like to say that BTC is a inflation currency while ETH is the economic currency

shinchan123

full member

Activity: 504

Merit: 100

The choices fall under two different categories: long term and short term investments. I’d still choose bitcoin over alts since it is the father of all cryptocurrencies. Bitcoin’s ATH in past gives me an assurance of hug profits. Altcoins, on the other hand could also bring a ridiculous amountprofit as well however, it is not guaranteed, and hence, we must choose our alts carefully.

Keeminakar

member

Activity: 299

Merit: 14

I see more potential in bitcoin, but Ethereum is not far behind, and I slowly look over to him. And already even a little invested in it.

Al Amin

full member

Activity: 294

Merit: 100

If in use as a long term I think the right choice is bitcoin, because bitcoin is the first crypto, to be safe and profitable for the long term. If for short-term options are Altcoin such as ethereum, litcoin, waves and many others

monchi

newbie

Activity: 25

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In terms of my being safe bitcoin would be the best and for profitability is altcoins.
In bitcoin the amount you have can be easily be traded and get profit. For Altcoins if you just hold for a decent amount of time its price will surely rise much more than bitcoins.
Specially after the token sale and when the campaign is very successful the value of altcoin will rise sharply causing multitudes of profits.

PetrAbakumov

newbie

Activity: 7

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I think that they are the same ...

GreatArkansas

legendary

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I'll go with ethereum for now. Because Ethereum is still undervalued, I still accumulate ethereum. For altcoins, I just only day trade on altcoins. But for long term, I hold ethereum.

Amilhussin24

member

Activity: 294

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I believed that altcoin is more profitable than bitcoin, but bitcoin is more safe than altcoin, in bitcoin I did not experienced such hackers. But in altcoin I was once experienced being hacked. It is in a exchange, they are being attacked by a hacker and I was unable to know that. I do trade on that day and my funds was transfered to another address which I believed hackers did. AltcoIn is profitable but too risky with a 50% possibility to be hacked. Bitcoin is safe and secured and also profitable

IviN*nd

newbie

Activity: 71

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In my opinion BTC is safer but Altcoin can be more profitable because of short term trading. You can make your profit in a few days with alt.

LETme

member

Activity: 266

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They both profitable but if I choose one I prefer Altcoins because in terms of investment and joining bounty campaign those alts gives a lot of profit what I see some investors they find alternate way to invest in a cheap price but with the good promoting and strong community in time it be well known and it surely attract more investors as a result the price will be increase.

Glutius

full member

Activity: 602

Merit: 100

Buy bitcoin or Ethereum - it is only your choice, for example I keep all my money in both of these coins.

Theo222

full member

Activity: 449

Merit: 100

for me bitcoin is more safer because it is the first cryptocurrency that exist this era. this coin already use to online payment and it is already legal to some countries. compare to other cryptocurrency we dont know how can we use them, there are lot of coins exist but we only use in trading only.

jerick06

jr. member

Activity: 180

Merit: 4

When it comes to profit, its better to invest in altcoin however it requiruires skills because of having a high risk. But when in come to safety of the investment, betrer go to bitcoin yet youll get only a low profit in a short time

Topic: Bitcoin or Altcoins? Which is safer or more profitable? - page 8. (Read 4170 times)