Bitcoin Outclasses Other Cryptocurrencies as an Investment Option, Here’s Why - page 3.

AmoreJaz

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Quote from: samcrypto on December 21, 2019, 05:35:49 PM

There are times that altcoins are more profitable compare to bitcoin because of their big growth is just short period if time. Some altcoins already made a 1000% profit while bitcoin is just 500% profit so for me, bitcoin are not good always and this is why we also need to invest in some altcoins to maximize the market and gain more profit.

that is case to case basis only if youre talking in terms of alts. and that is if you rightfully chose an alt and most of the time it is true only for a certain period of time. if you havent caught the train, then the likelihood of losing money is very high.
i would still go for bitcoin as we know that its position in the market has been cemented already.

nienzer

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Quote from: cheezcarls on December 21, 2019, 01:11:54 PM

Cryptocurrency investors have been pushed to move beyond Bitcoin (BTC). With hundreds of altcoins to choose from and several seeing some massive gains thanks to the 2017 bull run, investors have had their pick of the litter when it comes to making speculative investments on what they believe would be the next big thing.

However, things haven’t gone particularly well for a lot of these guys. Earlier today, a tweet from a cryptocurrency investor with Twitter handle (@jratcliff) showed the performances of some of Bitcoin’s competitors in the industry since the bullish run of 2017.

Source link here

Now we know why Bitcoin's dominance over other cryptocurrencies are overwhelming.

It seems to me that institutions, companies and other organizations worldwide are paying their attention more on Bitcoin than Ethereum, Ripple or any other cryptocurrency out there. I mean that they're laser-focused, because it's the mother of all cryptocurrencies.

It's also the main gateway to be converted straight to fiat when withdrawing from your hardware wallet, mobile, exchanges or so. It's just my own point of view though.

What do you honestly think about this guys? Cheers!

Bitcoin is a working, reliable prototype of digital currency. Altcoins are a replicate of Bitcoin. Sooner or later, people begin to understand that altcoins are just a beautiful shell and no more, and then they return to the roots, that is, to Bitcoin

btc_angela

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And I mostly believed that institutions have been investing heavily on bitcoin even prior to the big bull run that we have witnessed in 2017 and even up to this day keeps on investing it silently. Institutions are very smart, when we thought that they're putting their money on traditional investments, then you have to think again. They are going to look at what's best for their money, and I have no doubt that majority of them chooses bitcoin.

samcrypto

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There are times that altcoins are more profitable compare to bitcoin because of their big growth is just short period if time. Some altcoins already made a 1000% profit while bitcoin is just 500% profit so for me, bitcoin are not good always and this is why we also need to invest in some altcoins to maximize the market and gain more profit.

pakhitheboss

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I think it out performs than other physical investment opportunities in this world. The best example is Gold. If you had invested in Gold back then when Bitcoin was being faced on an exchange in 2011 with a small amount of $100. Your profit today will be 10 times lesser than those invested their money in Bitcoin.

ChuckBuck

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In my opinion, there are a lot of cryptocurrencies released later, it carries all the advantages of bitcoin and even fixes the disadvantages that bitcoin cannot eliminate. But it still can't get over Bitcoin because of its popularity. Bitcoin is the leading currency, it is known by everyone, while the alt currencies are only used in certain areas. With the possession of many advantages but the advantages do not work for investors, profit is always the top goal, and Bitcoin is always the best profit.

goaldigger

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When it comes to the value, bitcoin really outcast other cryptocurrency but technology wise, some altcoins already performed well compare to bitcoin and this is true. Bitcoin is still limited, and altcoins are the best alternative when it comes to the usage and not just about the investment side.

hatshepsut93

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Quote from: cheezcarls on December 21, 2019, 01:11:54 PM

It seems to me that institutions, companies and other organizations worldwide are paying their attention more on Bitcoin than Ethereum, Ripple or any other cryptocurrency out there. I mean that they're laser-focused, because it's the mother of all cryptocurrencies.

They are focused on Bitcoin because it's the best performer, simple as that. They don't care about the technology, decentralization and all that stuff, alts were hyped because they showed great performance, they looked like the next cool thing, but now that their bubble has popped, many investors have already jumped the ship.

target

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When it comes to a discussion about bitcoin outclasses other cyrptocurencies, you can't disregard the technology behind it and only focus on it being investment option. The technology aspect has to explained and why they prefer to have bitcoin instead of other crypto because its where BTC dominates the most.

cheezcarls

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Cryptocurrency investors have been pushed to move beyond Bitcoin (BTC). With hundreds of altcoins to choose from and several seeing some massive gains thanks to the 2017 bull run, investors have had their pick of the litter when it comes to making speculative investments on what they believe would be the next big thing.

However, things haven’t gone particularly well for a lot of these guys. Earlier today, a tweet from a cryptocurrency investor with Twitter handle (@jratcliff) showed the performances of some of Bitcoin’s competitors in the industry since the bullish run of 2017.

Source link here

Now we know why Bitcoin's dominance over other cryptocurrencies are overwhelming.

It seems to me that institutions, companies and other organizations worldwide are paying their attention more on Bitcoin than Ethereum, Ripple or any other cryptocurrency out there. I mean that they're laser-focused, because it's the mother of all cryptocurrencies.

It's also the main gateway to be converted straight to fiat when withdrawing from your hardware wallet, mobile, exchanges or so. It's just my own point of view though.

What do you honestly think about this guys? Cheers!

Topic: Bitcoin Outclasses Other Cryptocurrencies as an Investment Option, Here’s Why - page 3. (Read 612 times)