Topic: BTC or altcoin - page 17. (Read 5466 times)
So, now is the perfect time to invest, regardless of the amount. But you have to wait, wait for prices to return to at least half of last year around this time. I'm sure it will go up again.
if you are not really interested in watching the market moment to moment every day then i recommend ETH and bitcoins to buy and you can just sit in your wallet for a few years and maybe your 800$ becomes thousands or tens of thousands of dollars in a few years.
Depends on how you look at it,
Are you for the long haul? meaning you are willing to buy that amount and not touch it till the next bull run around 2024-2025?
Or if you are short term investors then better look for altcoin in my opinion. Not sure how you can look at promising altcoins though because they are very hard to spot in the beginning unless you got lucky.
Are you for the long haul? meaning you are willing to buy that amount and not touch it till the next bull run around 2024-2025?
Or if you are short term investors then better look for altcoin in my opinion. Not sure how you can look at promising altcoins though because they are very hard to spot in the beginning unless you got lucky.
There is no replacement of Bitcoin in the long run and if you are looking for short term gain then you are endangering your investment into great risk.
I would recommend Bitcoin and if you have some spare cash for Alts then only go for solid Alts not the one that are available on cheap rates. There are many Alts that came and are now story of past as none has the capability to withstand crypto market like Bitcoin. Thats why bitcoin must be your first choice of investment.
Bitcoin is a fiduciary coin. People invest more wealth with honest courage to get profit from investing in Bitcoin. But it is never possible to make such investment in alt coin section because there is a possibility of losing the platform. But there is no reason for the platform to be destroyed in Bitcoin which is why I will definitely invest in Bitcoin if I invest.
agree that investing in bitcoin is very reliable and can provide the best impact and will be profitable. but I also firmly believe that altcoins are just as good as bitcoin. so bitcoin and altcoins are just as good, but we really have to sort out which altcoin we will choose to invest in. It should be remembered that many highly defined altcoins also provide tempting returns. ethereum, BNB, ADA, DOT, SOL are some of the altcoins that are very reliable and very profitable just like bitcoin, and there are others if you want to analyze them properly.
Bitcoin is a fiduciary coin. People invest more wealth with honest courage to get profit from investing in Bitcoin. But it is never possible to make such investment in alt coin section because there is a possibility of losing the platform. But there is no reason for the platform to be destroyed in Bitcoin which is why I will definitely invest in Bitcoin if I invest.
if you want really buy in altcoin you should do research first, because altcoin is like trending and will not survive for longterm if only depend on fomo.
but with that fomo altcoin is easily make 2-100x, depend on that project and the team to manage it.
but with that fomo altcoin is easily make 2-100x, depend on that project and the team to manage it.
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?
This question will come back to you, what exactly do you need? for example, if you want to invest long-term, without doing a lot of research, then bitcoin is a very good choice for that. however, if you want something that has a bigger risk than that, then you can choose an altcoin. actually popular altcoins have risks that are not so different from bitcoin, but if you want a new investment, then the right choice for you is a new altcoin. for $800 you should be able to get a satisfactory amount. it's just that choosing a new altcoin will take a bit of work as you'll need to do extra research in order to find the right altcoin for you.What replacement coins would you recommend?
however, if you don't want to worry too much about research, then bitcoin is a very good choice. personally, for $800, I'd probably go for bitcoin or Ethereum.
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?
for me personally I will buy 2 coins bitcoin and ethereum with a distribution of 60% btc, eth 40% 2 of these coins in my personal opinion are not going anywhere especially BTC is the king of crypto ETH the top 2 in market cap and btc and eth are very suitable for long term investment What replacement coins would you recommend?
indeed until now there are still many who prefer holding bitcoin because it is very convincing and there is no doubt when compared to holding altcoins which can always rotate situations and circumstances that cannot be known in the future. but I agree that it is indeed to hold both, even though you need to do a good analysis if it is placed on altcoins not ethereum and BNB.
Bitcoin and Altcoins (only the best ranking) are just as good, the difference is clear, of course, the price, bitcoin requires a lot of funds compared to altcoins.
Bitcoin is the main asset, people must hold Bitcoin. While altcoins are additional assets, people hold them to expect other profits. Both Bitcoin and altcoins deserve to hold, so people shouldn't choose to hold Bitcoin only. We must understand that top altcoins are also promising to hold because they can increase their prices significantly. They are also quite safe to hold long-term since most of them are old coins and have been proven to stay at the top coins in CMC for years. We just avoid holding new altcoins or shit coins that may turn out to be dead coins.Bitcoin and Altcoins (only the best ranking) are just as good, the difference is clear, of course, the price, bitcoin requires a lot of funds compared to altcoins.
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?
$800 is a pretty good amount to use as an investment, I noticed that there are several altcoins (alternative choices besides bitcoin) that can be used as long-term investments, such as Binance Coin, Ada, Polygon and Avalanche. maybe you can do a little research before deciding which altcoin you want to choose for investment. What replacement coins would you recommend?
I would recommend investing in Bitcoin to keep your wealth healthy. Because there is a risk of profit and loss when investing in Bitcoin, but the risk of loss is very low. Investing in bitcoins will increase your wealth.
Looking back to 2022, you can see how risky investing in the altcoin section is. First the Luna coin was completely destroyed from the market and then the FTX coin was knocked out of the market. You can see the evidence of these two yourself, so I recommend you to invest directly in Bitcoin.
Looking back to 2022, you can see how risky investing in the altcoin section is. First the Luna coin was completely destroyed from the market and then the FTX coin was knocked out of the market. You can see the evidence of these two yourself, so I recommend you to invest directly in Bitcoin.
indeed until now there are still many who prefer holding bitcoin because it is very convincing and there is no doubt when compared to holding altcoins which can always rotate situations and circumstances that cannot be known in the future. but I agree that it is indeed to hold both, even though you need to do a good analysis if it is placed on altcoins not ethereum and BNB.
Bitcoin and Altcoins (only the best ranking) are just as good, the difference is clear, of course, the price, bitcoin requires a lot of funds compared to altcoins.
Bitcoin is the main asset, people must hold Bitcoin. While altcoins are additional assets, people hold them to expect other profits. Both Bitcoin and altcoins deserve to hold, so people shouldn't choose to hold Bitcoin only. We must understand that top altcoins are also promising to hold because they can increase their prices significantly. They are also quite safe to hold long-term since most of them are old coins and have been proven to stay at the top coins in CMC for years. We just avoid holding new altcoins or shit coins that may turn out to be dead coins.Bitcoin and Altcoins (only the best ranking) are just as good, the difference is clear, of course, the price, bitcoin requires a lot of funds compared to altcoins.
Of course, if we consider the reliability of investments, then investing in bitcoins looks preferable. However, if we consider speed of payback and profitability, then investing in altcoins is more profitable (but the risk of complete loss of finances is much higher)
then the answer is clear, better to have them both than having one right?though it is best to put the large amount of course in Bitcoin but considering good moving and safe altcoin is also best option.
for long I have manage to believe and earn in Diversification things that brings me what i have now.
Bitcoin and Altcoins (only the best ranking) are just as good, the difference is clear, of course, the price, bitcoin requires a lot of funds compared to altcoins.
If you are looking to invest then I would definitely recommend investing in Bitcoin.
fully? or just with big portion? sorry but I am interested in what is your position.Quote
Because investing in bitcoins is low risk but investing in alt section is definitely high risk.
low risk? indeed but slowly profiting right? that is what i compare bitcoin and altcoins.Quote
At times many platforms go up for auction due to which the entire balance is more likely to be lost.
but that is part of the risk mate, this is how altcoin moves lol.Quote
In this case, there is no possibility of complete loss if Bitcoin is invested. That's why I recommend to invest in Bitcoin and if you want to trade here you can reap the benefits.
solely ? that is something more risky mate ,because what if in emergency you will need to withdraw then bitcoin is in truly bad situation? 
Of course, if we consider the reliability of investments, then investing in bitcoins looks preferable. However, if we consider speed of payback and profitability, then investing in altcoins is more profitable (but the risk of complete loss of finances is much higher)
then the answer is clear, better to have them both than having one right?though it is best to put the large amount of course in Bitcoin but considering good moving and safe altcoin is also best option.
for long I have manage to believe and earn in Diversification things that brings me what i have now.
It is true that long-term investments in altcoins are not recommended, bitcoin is still a better choice but not all altcoins are the same. I totally agree with you, ethereum is a good long term investment as well as bitcoin, it has even given higher returns than bitcoin in recent years. BNB is also an option, but I will only choose ETH because it has proven it is an altcoin worth investing in; what will happen to BNB if Binance crashes?
You said altcoins aren't recommended but you assume ETH is good for a long-term investment. I don't know what you are thinking about. Those statements are contradictory. 
I think altcoins are okay for a long-term investment as long as you choose the right altcoins. Both ETH and BN are trusted altcoins and they have strong fundamentals, so why not hold them for the long term? I also invest in these coins for the long term, I hold them for at least 4 years. I no doubt hold these coins for a long time because they have been proven as top coins for many years.
Of course, if we consider the reliability of investments, then investing in bitcoins looks preferable. However, if we consider speed of payback and profitability, then investing in altcoins is more profitable (but the risk of complete loss of finances is much higher)
If you are looking for promising future then you need to buy only bitcoins. If you want to bet your 800$ then go for altcoins.
what about dividing to different coins aside from bitcoin only?Quote
My advice is just don't buy right now bitcoins. Just wait till it more down.
stupid idea , why not now? what if Bitcoin grows more then he will never have a chance to buy?the moment you can carry buying then do it right away lol.
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But if you really want to buy altcoins then consider ETH,BNB. Because ETH will be there untill bitcoin survive and BNB will there untilbinance there. 
at least top 20 coins can be considered specially if itis for years of holding.
actually there are some altcoins that is good for long term , like Ethereum and binance coin.
with those? you are wrong to what you are saying.
It is true that long-term investments in altcoins are not recommended, bitcoin is still a better choice but not all altcoins are the same. I totally agree with you, ethereum is a good long term investment as well as bitcoin, it has even given higher returns than bitcoin in recent years. BNB is also an option, but I will only choose ETH because it has proven it is an altcoin worth investing in; what will happen to BNB if Binance crashes?
I think Bitcoin has no options when it comes to investment. Because if someone was asked between bitcoin and ALT coin should you invest, I think everyone would say to invest in bitcoin. Because Bitcoin invests in a trust that no other coin can provide. So I would always agree with investing in Bitcoin.
Even though it sounds and the truth is correct, I think there is nothing wrong if someone chooses Altcoins to make investments, but in the sense of keeping Bitcoin as the main handle and the most important investment, using Altcoins as an investment to seek luck results, actually there are also good Altcoins , even though the quality and interest are not the same as Bitcoin, in terms of choosing between Bitcoin and Altcoin it is a consideration according to each individual, and basically the price and value of Altcoin is influenced by the price of Bitcoin, and makes Bitcoin the main one.
If you are looking to invest then I would definitely recommend investing in Bitcoin. Because investing in bitcoins is low risk but investing in alt section is definitely high risk. At times many platforms go up for auction due to which the entire balance is more likely to be lost. In this case, there is no possibility of complete loss if Bitcoin is invested. That's why I recommend to invest in Bitcoin and if you want to trade here you can reap the benefits.
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