Topic: BTC or altcoin - page 10. (Read 5329 times)

become digital gold in the near future? Are you talking about a project that coinmarketcap doesn't even have much information on, it's not listed on many exchanges and to be honest I haven't seen it on any exchanges and even so you're still believing that it will be digital gold in the near future? On what basis did you come to that conclusion? I hope you don't put a lot of money into this project thinking it will be a great success and then you are disappointed with this project, so far bitcoin is the best and safest investment, there is no doubt about that. even if other altcoins appear

their difference with bitcoin will always be something big, because altcoins are very centralized projects in which the creator has great power, very concentrated to the point that any movement that the creator makes affects the price a lot, so there is no way for altcoins to be digital gold and be better than bitcoin. It is good that people always have this in their heads so that they are not deceived by the high possible profits that altcoins can give, the most important thing is to have a safer investment than entering altcoins that are very risky

You are absolutely right that bitcoin investment is safe.Where the rate of return may be low but your capital is safe.On the other hand, there are many coins in the cryptocurrency market that are expected to yield a good profit,but all these coins always have risk of loss compared to Bitcoin.It cannot be denied that there are good strong coins in the cryptocurrency market that have the potential to give a good profit.If the investment is done by choosing the top coins in the market, the loss rate can be minimized with a good profit,but no matter how good and best the coins are chosen, they cannot compete with Bitcoin.Still, I think you can take a risk by investing a small portion of your capital in altcoins.

When I read people's messages on Bitcointalk, I get the impression that they have been in crypto since childhood haha. But as for me, only people who understand this market know that NeonLink will become digital gold in the near future.

Bitcoin and altcoin, in my opinion you should invest in Bitcoin. Because, the risk of Bitcoin may be high but Bitcoin gives good returns. Bitcoin is the first cryptocurrency coin. And it is high priced and well established and trusted. Alt coins on the other hand give good returns but that are more risky and sometimes alt coins have the possibility to scam which is not possible with Bitcoin. if you want to invest in alt coins, do your research and invest. In my opinion 70% of your investment should be in bitcoin and 30% in alt coins.

This is when investors can't figure it out what's the best to choose. And that's why instead of struggling to choose what's the best altcoin for them to buy.

What they're buying are those altcoins and random shitcoins they can find in the market and hoping that they'll generate lots of money on them. That's the wrong strategy that many does.

And with that, others see it as something useful and working to them so they also do the same wrong strategy.

When talking about long term investing in crypto of course I believe almost everyone will be referring to Bitcoin,
it was unquestionably worth it surely the low risk was the right reason,
for altcoins the most important thing is to choose the right coin.

I don't know whether you are here for the technology or for the opportunity to make money. I am attracted to the second option. Bitcoin is of course a good thing and one should definitely have some bitcoin with a long-term perspective. But now altcoins attract me more because they have been falling for almost two years. I think a good bull run is coming soon and it would be foolish not to take advantage of it.

I agree with your perspective. Bitcoin's decentralized network, built on blockchain technology, gives it unparalleled resilience and makes it highly unlikely for Bitcoin to ever truly die. The decentralized nature of Bitcoin means that it is not controlled by any single entity or government, ensuring its survival even in the face of regulatory challenges.

While altcoins may offer certain advantages such as faster transaction speeds, lower fees, and additional features like smart contracts, Bitcoin's position as the king of the market remains unchallenged. Bitcoin's first-mover advantage, widespread adoption, and recognition as a store of value have solidified its position as the most prominent and influential cryptocurrency.

Bitcoin's longevity and continued relevance are further supported by its large and active community of developers, miners, and enthusiasts who are constantly working on improving the network and addressing any challenges that may arise. The resilience and strength of this community contribute to the ongoing success and dominance of Bitcoin.

It's important to acknowledge the unique characteristics and strengths of both Bitcoin and altcoins, as they serve different purposes within the cryptocurrency ecosystem. While altcoins provide innovative solutions and technological advancements, Bitcoin's enduring presence and established market position make it a cornerstone of the crypto space.

In conclusion, while altcoins may offer certain advantages and innovations, Bitcoin's decentralized nature, widespread adoption, and established market dominance ensure its relevance and long-term survival. It continues to hold a significant place in the crypto market, and its influence is likely to endure for years to come.

I don't think bitcoin will ever die. It is impossible because the network is decentralised. It is only possible if the death of the internet worldwide happens, which is also unlikely. Bitcoin can be compared with altcoins in terms of transaction speed and fees, smart contracts and other things that bitcoin does not have but altcoins do. But of course bitcoin is the king of the market.

I think it's obvious that Bitcoin is the king of crypto and there's no doubt about it,
So far it's been impossible for altcoins to beat Bitcoin,
indeed if Bitcoin dies then everything will also experience the same thing.

don't compare btc or altcoin. btc of course the number one coin. anything else is just supporting crypto market to be useful, adoptable, cheaper, faster and easy to use for average guy. in fact the store of value is on Bitcoin. we can call it like gold in digital world. sometimes people comparing it to alt is just does not make any sense at all. if bitcoin die, all altcoin are need to prepared for their graveyard too 

If you are choosing Bitcoin as a long-term investment, it is a wise decision for you.By the way, there are many coins in the market,but Bitcoin is the only cryptocurrency where we feel satisfaction after investment.There are a lot of coins in the market right now, some of which can be very good and profitable,but before investing in alcoins you need complete information and complete research and investigation about this project.Then you can select some good and best projects.If there's one cryptocurrency we all trust the most without research and information, it's Bitcoin.So whenever there is an opportunity to invest in Bitcoin,Such an opportunity should not be missed.At the current price, it is a great time to invest in Bitcoin for the long term.

when it comes to these question it always heavily depends, how long you are willing to invest and how much money you got.
only suit it to your preference only then you will score massive profits instead of just getting too fixated on something.

also to add, if someone have relatively low capital to invest then maybe altcoin will be more beneficial in the long run since the capital will be multiplied rather easily than investing in bitcoin.

Hopefully the Bitcoin price can stay at the $30k level this weekend, because this level for Bitcoin is important to maintain its bullishness,
and in my opinion it is very likely that it will survive I'm sure.
If you see that in the past few days Bitcoin has gone up and hasn't been corrected, so the accumulation zone is likely to be Bitcoin at the $30k level.

Yes, regarding high risk and high profit, I don't think that applies to meme coins,
as long as there is an opportunity of course traders will use it to make a profit,
what is clear is that investing in either Bitcoin or altcoins will be profitable.

then it just depends on the preference at the end of the day whether the investors are seeking for faster returns then altcoin is the right choice, if they are looking for
investment that could be used for long term then it's bitcoin since honestly with altcoin it's always hit and miss, you know when investing in altcoin
if we don't sell at the right time the value will plummets, if we just too early and not patient enough then we will get really bad price point to dump our coin
it just matter of preference i guess and each choice have their own advantages.

High risk = high profit is what traders and investors use here,
I'm sure many traders and investors also choose altcoins for them to invest in,
especially now that 90% of altcoins are at their bottom price, so it would be a shame if they didn't buy them,
to be honest I personally would prefer an altcoin.

Not only in altcoins, but we also can get high profits by investing in Bitcoin. But surely we need a bigger capital when we invest in Bitcoin. We can't expect to get big profits if we only invest $100 in Bitcoin. You can expect earning of thousands dollars if you invest in Bitcoin above $1000 as well. So, the amount of money to get depends on how much capital we used in our investments.

Anyway, investing in Bitcoin has a risk, too. Basically, investing in any crypto coin is high risk. And there is no guarantee for profits although we invest in Bitcoin. It depends on the strategy we use, how good our knowledge is.

If you want to get high profits and are willing to take risks, I suggest choosing altcoins,
but if you don't want to take risks, then my advice is to choose bitcoin,
because bitcoin is still very safe for investment.