BTC or altcoin | Bitcointalksearch.org

passwordnow

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Quote from: betswift on November 01, 2024, 07:50:09 AM

So it's wise to hold both, but BTC should be the main part of the portfolio if a person prefers stability in the long run.
Even if the profits are not as lucrative, they will be steady for sure.

That's one argument why there are investors don't want to invest into Bitcoin anymore. They think that the gains are goin to be lower compared to how they'll take risk with the altcoins. Yeah sure that the profits might not that be much compared to the altcoins that could skyrocket and pump a lot. But if it's about the stability, Bitcoin is king and nothing beats it to that. Go back to the past when people have said the same thing that profitability of Bitcoin is no longer convincing and it's already quite expensive for them to have and DCA it. Well, the same people will say the same thing time and time again without doing such actions. What matters is it's going to be profitable still and the profit relies on how much capital we have.

betswift

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Quote from: l99l on October 31, 2024, 12:21:45 PM

I used to prefer bitcoin in the past days, actually it is always the healthiest to prefer BTC.
The rise of altcoins or which ones will rise feels like a kind of gamble during the bullish rise.
Right now, while btc is rising, all the liquidity is entering bitcoin.
Altcoins are being crushed under btc. I had invested a little in a few altcoins the other day, if I had invested in btc, I would have been more profitable in the short term and in the long term

BTC propels alts forward.
So it's wise to hold both, but BTC should be the main part of the portfolio if a person prefers stability in the long run.
Even if the profits are not as lucrative, they will be steady for sure.

fikrett

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Quote from: Chato1977 on November 01, 2024, 04:35:31 AM

it will always be bitcoin ..

BTC for the stability of it.
And the skin put in for everybody involved.

Chato1977

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it will always be bitcoin ..

kawetsriyanto

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Quote from: RTX-G53 on October 31, 2024, 10:57:23 AM

Currently Bitcoin is more popular in the market and it is the main cryptocurrency in the market.

Do we have ever a coin more popular than Bitcoin?
Sure, Bitcoin is always the king or the main of crypto coin.

Quote from: RTX-G53 on October 31, 2024, 10:57:23 AM

In my opinion Bitcoin BTC is the best medium for long term investment.

What you mean by "best medium"?
Anyway, it is true that Bitcoin is the best asset for a long term holding.

Quote from: RTX-G53 on October 31, 2024, 10:57:23 AM

But there are other more popular and promising cryptocurrencies in the market such as: ethereum,cardano,solana,polkadot.

I'm not sure if ETH, ADA, SOL, and DOT are more popular than BTC.
The most popular coin should be BTC. But recently, the most trending coin is meme coins.
I don't see a significant raise in the popularity of those coins you said above. SOL ever became trending coin this year, but it look like over already.

l99l

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I used to prefer bitcoin in the past days, actually it is always the healthiest to prefer BTC.
The rise of altcoins or which ones will rise feels like a kind of gamble during the bullish rise.
Right now, while btc is rising, all the liquidity is entering bitcoin.
Altcoins are being crushed under btc. I had invested a little in a few altcoins the other day, if I had invested in btc, I would have been more profitable in the short term and in the long term

RTX-G53

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Quote from: Spacebar96 on December 08, 2022, 01:21:00 AM

I recently made some money through Amazon Kindle Direct Publishing, and I'm considering using it to purchase some Bitcoin. Only a tiny sum, roughly $800, is involved. What do you suggest doing right now? Purchase some Bitcoin or another cryptocurrency with a promising future.

What replacement coins would you recommend?

Currently Bitcoin is more popular in the market and it is the main cryptocurrency in the market. In my opinion Bitcoin BTC is the best medium for long term investment. But there are other more popular and promising cryptocurrencies in the market such as: ethereum,cardano,solana,polkadot. But investing in established currencies like bitcoin or ethereum would be best in my opinion as the risk potential is very less. And in case of investment, market conditions should be monitored.

khiholangkang

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Quote from: bitterguy28 on October 27, 2024, 04:46:48 AM

Quote from: Spacebar96 on December 08, 2022, 01:21:00 AM

I recently made some money through Amazon Kindle Direct Publishing, and I'm considering using it to purchase some Bitcoin. Only a tiny sum, roughly $800, is involved. What do you suggest doing right now? Purchase some Bitcoin or another cryptocurrency with a promising future.

What replacement coins would you recommend?

The question that will last for a long time 😅

------_________--------_________------

Imagine that you are asking about the loyalty here and that will determine depending of how much they trust their coin lol.

Bitcoin will always be the number one choice .

Altcoin will always be the secondary option .

Diversification is the right answer to that question, we don't have to be confused to choose because we can buy bitcoin and altcoin, this is more effective for investing in Crypto at this time, if compared, of course it is better Bitcoin but to maximize short -term profits, of course, the tools are interesting In the discussion.

bitterguy28

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Quote from: Spacebar96 on December 08, 2022, 01:21:00 AM

I recently made some money through Amazon Kindle Direct Publishing, and I'm considering using it to purchase some Bitcoin. Only a tiny sum, roughly $800, is involved. What do you suggest doing right now? Purchase some Bitcoin or another cryptocurrency with a promising future.

What replacement coins would you recommend?

The question that will last for a long time 😅

------_________--------_________------

Imagine that you are asking about the loyalty here and that will determine depending of how much they trust their coin lol.

Bitcoin will always be the number one choice .

Altcoin will always be the secondary option .

Glen Hoddle

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Quote from: Rampagoe004 on October 13, 2024, 03:46:37 AM

Quote from: Glen Hoddle on October 11, 2024, 06:58:51 PM

However, Bitcoin is the best high this season as it has gone from lows to highs. But Altcoins haven't grown in comparison, so in any current state you compare them to Bitcoin, they never will. Because Bitcoin is at the peak but if you want to invest in Altcoin for extra income you can definitely do it. Currently, Altcoins are pumping sometimes, so if you invest according to the opportunity, your investments will be more profitable, but the risk is also high.

The rise of bitcoin this year is very different from before, Bitcoin has been the best choice for a promising investment from its inception until now. We also need to know that Bitcoin and altcoins both have advantages in investment but are somewhat different, the price of Bitcoin is currently starting a high movement as well as Altcoins such as ETH which is at the top among all altcoins. The choice to invest in Altcoins does have a higher risk compared to Bitcoin.

One of the best ways to invest in Altcoins is to find the right one and be able to take the opportunity to make a decent profit. My advice is to use existing money with safer investments in crypto. Prices fluctuate actively. without us being able to control it at any time.

Yes of course Bitcoin and Altcoins never compare, that's why every investor prefers Bitcoin. If you want to hold it for a long time, holding Bitcoin is likely to be the most profitable, but if you want to hold Altcoin with the same amount of money, you will be taking a lot of risk. Because Altcoins can be wiped out from the market at any moment.

Rampagoe004

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Quote from: Glen Hoddle on October 11, 2024, 06:58:51 PM

However, Bitcoin is the best high this season as it has gone from lows to highs. But Altcoins haven't grown in comparison, so in any current state you compare them to Bitcoin, they never will. Because Bitcoin is at the peak but if you want to invest in Altcoin for extra income you can definitely do it. Currently, Altcoins are pumping sometimes, so if you invest according to the opportunity, your investments will be more profitable, but the risk is also high.

The rise of bitcoin this year is very different from before, Bitcoin has been the best choice for a promising investment from its inception until now. We also need to know that Bitcoin and altcoins both have advantages in investment but are somewhat different, the price of Bitcoin is currently starting a high movement as well as Altcoins such as ETH which is at the top among all altcoins. The choice to invest in Altcoins does have a higher risk compared to Bitcoin.

One of the best ways to invest in Altcoins is to find the right one and be able to take the opportunity to make a decent profit. My advice is to use existing money with safer investments in crypto. Prices fluctuate actively. without us being able to control it at any time.

Glen Hoddle

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However, Bitcoin is the best high this season as it has gone from lows to highs. But Altcoins haven't grown in comparison, so in any current state you compare them to Bitcoin, they never will. Because Bitcoin is at the peak but if you want to invest in Altcoin for extra income you can definitely do it. Currently, Altcoins are pumping sometimes, so if you invest according to the opportunity, your investments will be more profitable, but the risk is also high.

kawetsriyanto

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Quote from: Glen Hoddle on October 05, 2024, 12:46:22 PM

Bitcoin was the best coin in the past and still Bitcoin is the best coin. So Bitcoin is Bitcoin, Bitcoin is never compared to other coins. Because if a person invests in Bitcoin then of course it will be profitable after holding it for a long time, but I have seen altcoins once it goes down from the market it doesn't go up again. So there is such a difference between Bitcoin and other coins that is why I consider Bitcoin as the best coin which is suitable for all aspects of investment.

Bitcoin is always the best coin because it is like the main coin in crypto. So far, there is no other coins that can be comparable with Bitcoin. Even Ethereum, it is still incomparable with Bitcoin. Bitcoin is surely the best coin for crypto investment. However, we must remember that there is no guarantee for profits in Bitcoin investment. If you don't understand how to invest in Bitcoin properly, there is no way to be successful.

Most of altcoins that can't increase again, they are the altcoins with weak fundamentals. But for top altcoins, most of them can increase again quite a lot in the bullish season. That's why people very often recommend us to invest in top altcoins. It is okay to invest in top altcoins although our priority is still Bitcoin.

Glen Hoddle

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Quote from: FinePoine0 on September 23, 2024, 06:08:43 PM

Quote from: bangjoe on September 23, 2024, 10:09:09 AM

BTC or altcoins? why should we choose if we can take both, we know that BTC is an asset that will never disappoint as long as we keep it in the long run, it will be enough to make us feel much better when it comes to the time when BTC is adopted by all people, but we also have an interest in altcoin fluctuations that are tempting to seek profits there, such as Ethereum, Solana BNB, they have a pretty decent increase so far, it's just that altcoins should not be the main asset in the portfolio because the risk given is very large, maybe 10%-20% of your portfolio after bitcoin would be much wiser in investing in altcoins. IMO

There is usually no way to lose wealth when investing in Bitcoin, but those who invest in Altcoins have the greatest fear of losing wealth. Because the money you invest has a track record of being part of the altcoin market, but the probability of Bitcoin being destroyed is very low. That is why if an investor invests in bitcoins there is very little that always depends on the long-term holding results for the investor.

Bitcoin was the best coin in the past and still Bitcoin is the best coin. So Bitcoin is Bitcoin, Bitcoin is never compared to other coins. Because if a person invests in Bitcoin then of course it will be profitable after holding it for a long time, but I have seen altcoins once it goes down from the market it doesn't go up again. So there is such a difference between Bitcoin and other coins that is why I consider Bitcoin as the best coin which is suitable for all aspects of investment.

bangjoe

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Quote from: TastyChillySauce00 on October 03, 2024, 10:17:41 PM

Quote from: FinePoine0 on September 23, 2024, 06:08:43 PM

Quote from: bangjoe on September 23, 2024, 10:09:09 AM

BTC or altcoins? why should we choose if we can take both, we know that BTC is an asset that will never disappoint as long as we keep it in the long run, it will be enough to make us feel much better when it comes to the time when BTC is adopted by all people, but we also have an interest in altcoin fluctuations that are tempting to seek profits there, such as Ethereum, Solana BNB, they have a pretty decent increase so far, it's just that altcoins should not be the main asset in the portfolio because the risk given is very large, maybe 10%-20% of your portfolio after bitcoin would be much wiser in investing in altcoins. IMO

There is usually no way to lose wealth when investing in Bitcoin, but those who invest in Altcoins have the greatest fear of losing wealth. Because the money you invest has a track record of being part of the altcoin market, but the probability of Bitcoin being destroyed is very low. That is why if an investor invests in bitcoins there is very little that always depends on the long-term holding results for the investor.

it still depends heavily on the average cost of the investment, but yeah, bitcoin don't have the history of suddenly losing 90% of its value like what most of altcoins do, even within this short period of early bullrun to middle stage of bullrun plenty of coin has been going down and lost 60-90% of its value and yes i'm talking about altcoin with massive VC unlocks that are being avoided by retailer investors such as TIA which has been going down 70%, can you imagine, investing in an alt just to lost 75% of its value within few months even though we are in bullrun?

altcoin is only for temporary profit making, the end game is always bitcoin, ride while the hype lasts and then when altcoin seems too overvalued just migrate over to bitcoin again, even better, just convert to stables and wait until BTC dips to get the best entry.

I will not deny that it happens to altcoins, because on average they do experience a very large decline and that is not something that should be considered in investing in altcoins, the increase only occurs for a moment, only when the narrative of the altcoin project itself becomes a conversation it will increase demand that is how altcoins work, I also agree that altcoins need to be utilized in the short term, not for the long term, all people who understand investing in bitcoin they also understand about altcoins, most of them choose to only allocate their money in altcoins only a small portion that they can lose, when they get exponential gains they sell it to increase the number of bitcoins.

TastyChillySauce00

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Quote from: FinePoine0 on September 23, 2024, 06:08:43 PM

Quote from: bangjoe on September 23, 2024, 10:09:09 AM

BTC or altcoins? why should we choose if we can take both, we know that BTC is an asset that will never disappoint as long as we keep it in the long run, it will be enough to make us feel much better when it comes to the time when BTC is adopted by all people, but we also have an interest in altcoin fluctuations that are tempting to seek profits there, such as Ethereum, Solana BNB, they have a pretty decent increase so far, it's just that altcoins should not be the main asset in the portfolio because the risk given is very large, maybe 10%-20% of your portfolio after bitcoin would be much wiser in investing in altcoins. IMO

There is usually no way to lose wealth when investing in Bitcoin, but those who invest in Altcoins have the greatest fear of losing wealth. Because the money you invest has a track record of being part of the altcoin market, but the probability of Bitcoin being destroyed is very low. That is why if an investor invests in bitcoins there is very little that always depends on the long-term holding results for the investor.

it still depends heavily on the average cost of the investment, but yeah, bitcoin don't have the history of suddenly losing 90% of its value like what most of altcoins do, even within this short period of early bullrun to middle stage of bullrun plenty of coin has been going down and lost 60-90% of its value and yes i'm talking about altcoin with massive VC unlocks that are being avoided by retailer investors such as TIA which has been going down 70%, can you imagine, investing in an alt just to lost 75% of its value within few months even though we are in bullrun?

altcoin is only for temporary profit making, the end game is always bitcoin, ride while the hype lasts and then when altcoin seems too overvalued just migrate over to bitcoin again, even better, just convert to stables and wait until BTC dips to get the best entry.

FinePoine0

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Quote from: bangjoe on September 23, 2024, 10:09:09 AM

BTC or altcoins? why should we choose if we can take both, we know that BTC is an asset that will never disappoint as long as we keep it in the long run, it will be enough to make us feel much better when it comes to the time when BTC is adopted by all people, but we also have an interest in altcoin fluctuations that are tempting to seek profits there, such as Ethereum, Solana BNB, they have a pretty decent increase so far, it's just that altcoins should not be the main asset in the portfolio because the risk given is very large, maybe 10%-20% of your portfolio after bitcoin would be much wiser in investing in altcoins. IMO

There is usually no way to lose wealth when investing in Bitcoin, but those who invest in Altcoins have the greatest fear of losing wealth. Because the money you invest has a track record of being part of the altcoin market, but the probability of Bitcoin being destroyed is very low. That is why if an investor invests in bitcoins there is very little that always depends on the long-term holding results for the investor.

bangjoe

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BTC or altcoins? why should we choose if we can take both, we know that BTC is an asset that will never disappoint as long as we keep it in the long run, it will be enough to make us feel much better when it comes to the time when BTC is adopted by all people, but we also have an interest in altcoin fluctuations that are tempting to seek profits there, such as Ethereum, Solana BNB, they have a pretty decent increase so far, it's just that altcoins should not be the main asset in the portfolio because the risk given is very large, maybe 10%-20% of your portfolio after bitcoin would be much wiser in investing in altcoins. IMO

passwordnow

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Quote from: fikrett on September 23, 2024, 04:35:29 AM

Quote from: passwordnow on September 22, 2024, 06:52:45 PM

Newbies need to hear a lot from the ones that did a lot of mistakes in the past and also to the one that have profited from holding BTC and are still holding in the present. Because hearing mistakes of the others will direct them to doing the right decisions of investing in the market and that's through holding BTC first. Everyone is free to hold any altcoin that they want but hoping that these guys won't commit the same mistake as I did in the past for selling too early.

I do think that newbies need just to find the right people to listen, apply what they will get from it and follow the lead, and if they are determined enough, everything will be fine for them.

While it is not a requirement but it will be helpful to them to listen to the past experiences of everyone so that they can avoid the mistakes that were done by these people. It's okay if they will not hear it from someone and they will have their own, there's really no problem at all with this kind of matter but I think if someone they have asked for are happily sharing his experiences about the market through holding both bitcoin and some altcoins.

That will be impactful to the newbie because that guy will understand what he must do so that he won't be ending up with the same mistake. It's actually not paid at all to listen to someone and don't get into people that are asking for payments for their words of wisdom. Actually, in the forum there are a lot of good people here, traders and investors that are happily giving tips to the newbies.

But, it is up to the newbies if they're going to give themselves the time to listen to it. They have nothing to lose upon listening and looking for the right people to give them tips but as you've said, it's not a requirement at all because even I, I didn't have any mentor but the community helped a lot with the tips that I've read in the past and so as my experiences.

fikrett

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Quote from: passwordnow on September 22, 2024, 06:52:45 PM

Quote from: FortuneFollower on September 22, 2024, 01:52:24 PM

Many newbies don't consider the power of BTC for what you described - you can rest assured knowing that your investment won't be in vain for the years to come.

Newbies need to hear a lot from the ones that did a lot of mistakes in the past and also to the one that have profited from holding BTC and are still holding in the present. Because hearing mistakes of the others will direct them to doing the right decisions of investing in the market and that's through holding BTC first. Everyone is free to hold any altcoin that they want but hoping that these guys won't commit the same mistake as I did in the past for selling too early.

I do think that newbies need just to find the right people to listen, apply what they will get from it and follow the lead, and if they are determined enough, everything will be fine for them.

Topic: BTC or altcoin (Read 5329 times)