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Topic: BTC or altcoin - page 19. (Read 5466 times)

newbie
Activity: 153
Merit: 0
February 08, 2023, 04:43:09 AM
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.

My advice is just don't buy right now bitcoins. Just wait till it more down.

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.  Wink
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
February 08, 2023, 12:56:35 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?
I recommend you choose bitcoin to avoid the risk of scam projects from new altcoins, or you can also select popular altcoins like Ethereum or BNB. Actually, both are quite good, but it all depends on the strategy you will use. You can choose a high-priced, or low-priced asset, or you can choose a more volatile crypto to go short.

Anyway, choosing bitcoin would be better, but if you want to choose an altcoin then choose between Ethereum or BNB. beyond that, it looks like the risk will be even higher.
hero member
Activity: 1862
Merit: 601
The Martian Child
February 06, 2023, 10:22:18 AM

Bitcoin is still an easy x5 in the next bull run. So I choose bitcoin over the ever-dangerous and unstable altcoins. Although, if allowed, I will choose both. I just need to diversify my crypto investments as well. There are the safest altcoins at the top most of the ranks, ETH and BNB are my favorite picks. But I also risked some on other altcoins that are highly volatile but have the potential of earning more than the top altcoins and bitcoin.

So it is a matter of personal preference. The most important is to DYOR and invest the money we can only afford to lose. The higher the risk, the higher than reward but bitcoin is always the safest investment in crypto, and 2nd and 3rd are not even close.
It seems to me that no one can guarantee you a stable x5 for bitcoin in the next cycle. The big question here is, at what marks can that theoretical x5 be? Although altcoins have more risk, the reward is also much higher than bitcoin.

High rewards but also with high risks to rugpull. Take a look at the drama that happened to LUNA, FTX, they were the top altcoins that were trusted by the community but in the end they collapsed and hurt a lot of people. Indeed, no one guarantees bitcoin will get 5x easily, but when compared to having to wait 10x from altcoins and dropping to rugpull is very risky. Bitcoin is still the best for the long term, it will not drop to zero and will not be a rug pull.

Yes, of course, there are no guarantees that bitcoin can raise x5 in the next cycle hence I also said that we should only invest an amount that we can afford to lose. I just felt it and I am confident that bitcoin reaches a minimum of $100k in the next cycle. It went x20 something in the last cycle so a x5 might be very doable in this coming cycle.

Altcoins are very dangerous, even the top altcoins but I am a gambler anyways so I also have investments in them. But around 50% of my portfolio is in bitcoin. The only chance for altcoins to surpass it is if they go to Mars because bitcoin voyage is only to the moon. Cheesy
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
February 06, 2023, 04:40:32 AM
in my opinion it's better for you to choose bitcoin because bitcoin has good potential for the long term. but you can also buy altcoins, as long as you have to be able to choose good altcoins and have good potential for the future.
You can choose bitcoin of course but at least try to invest in other altcoins with small percentage of your money , yeah safest bitcoin is but sometimes other altcoins move high in speed comparing to Bitcoin that mostly stays stagnant in value for long time.
waiting for every halving can be boring when you can also risk in some alts that had safe position like Ethereum, Binance or even ripple .
Bitcoin is a good option as there is no short-term or long-term risk.  altcoins are a higher risk option including the top potential altcoins in the market that could all crash horribly like (Terra and FTX).  I also don't deny that altcoins have huge growth potential but it's better not to put them all in one basket.  Diversifying portfolio by combining btc and altcoins is the best way I've learned.
Move on about those scam altcoin project instead try to find which are now safer than those who had a best promise and many have been a victim.

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?
if you don't want to buy bitcoin with the money you get then I think you should buy a binance coin or pancake token because the burning tokens that they keep doing make their supply of tokens less and less and the price will definitely go up.
not sure if this is intend to happen mate , and there is no assurance in sooner time for the increase continuously .
full member
Activity: 2590
Merit: 228
February 06, 2023, 04:14:28 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?
any Update mate? what have you decided? it is more interesting if you are truly investing here and not just created the thread to spam ,

asking us what can be the decision? for me it is better to make it half, Bitcoin for the half and altcoins for another half?

it is safer and more practical to have than just pure altcoins or in pure bitcoin.
We've seen behavior like this over and over again not even a single reply to the thread he made. So I doubt he did it and with $ 800 to devided to altcoins is not wise in my opinion indeed altcoins if you are lucky can provide big and fast profits and that is equal to the risk of losing too. Bitcoin is the best option by continuing to add it in the long run he will see his assets go up maybe not thousands of percent but it's still better than just keeping it in the bank, or an altcoin that if he chooses the wrong one will only make him lose money.
yes , maybe this thread is solely created for bumping or for personal intentions . and maybe? reporting this for closure to the admin will  help stopping the spam.

But like what most says here ? like me I will be for diversification and of course for will keep more for bitcoin than altcoins with small portion only.
full member
Activity: 1680
Merit: 169
Buzz App - Spin wheel, farm rewards
February 05, 2023, 11:42:19 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?
if you don't want to buy bitcoin with the money you get then I think you should buy a binance coin or pancake token because the burning tokens that they keep doing make their supply of tokens less and less and the price will definitely go up.
hero member
Activity: 1120
Merit: 571
20BET - Premium Casino & Sportsbook
February 05, 2023, 11:01:12 AM
I have always believed in Bitcoin. If I am told to invest between Bitcoin and ALT Coin, I will definitely invest in Bitcoin. Because I have seen Cryptocurrency and other currencies are very dependent on Bitcoin. When the market of Bitcoin increases, the market of other Cryptocurrency coins increases slightly, but when the price of Bitcoin is dumping a little, the same Cryptocurrency is dumping the value of other coins a lot. I think Bitcoin has a stability in the market that no other coin has. And for long term investment Bitcoin is far better than other coins. Investing in Bitcoin for the long term is much less risky. So I have always trusted Bitcoin and already I have been rewarded for trusting Bitcoin.  So if I was asked to choose between Bitcoin and ALT Coin, I would definitely choose Bitcoin.

The market is very much hooked up with bitcoin. When bitcoin is up the whole market is up and when bitcoin goes down everything goes down. I don't think there is any benefit of investing in Alts since they are dependent on bktcoin. Then why not invest in bitcoin at first place?
If I have some spare cash that is left after bitcoin investment, I only buy alts from that cash. These days I have few MATIC with me and I am loving them.
full member
Activity: 1610
Merit: 103
The OGz Club
February 05, 2023, 09:52:39 AM
If asked to choose who you deserve to invest today, of course in Altcoins, I especially specialize in altcoins in the AI category,
because this year it is confirmed that AI will dominate the market and that has been mentioned by ELon Musk on his Twitter, don't miss it,
OCEAN and FET is the best example of an altcoin from that category.
sr. member
Activity: 1372
Merit: 252
February 05, 2023, 01:00:36 AM
for investment I recommend going to Altcoins, but for trading of course Bitcoin can be an option, the reason is very easy, that altcoins can make you achieve 100x profit on investment,
it's just that you have to really choose alrcoin investments which are good in terms of fundamentals , yes there are lots of potential altcoins, for example Nervos and Verasity,
try investing in these altcoins and wait for the bull market to come.

For a long-term investment, I'll choose BTC and some of the altcoins that I think the price will skyrocket in the future if you are holding for a long period of time. And, taking advantage of the crypto market is profitable if you have a target percent that you want to earn for a day when doing future trading with BTC doing a scalping strategy.
Sure, investing in BTC and selected altcoins for the long term can potentially yield high returns. Additionally, engaging in short term future trading with a scalping strategy can also be profitable if executed correctly. It's important to have a well-researched investment strategy and be aware of the risks involved in the highly volatile crypto market.
Yes it is the right decision specially Bitcoin for long term investment it is no doubt,
if you talk about the short term, the scalping strategy will be very suitable,
besides that what must be considered is that in choosing coins for trading it must be right.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
February 04, 2023, 12:08:09 PM
you can invest in both Ethereum and bitcoin both have shiner future. I will suggest you to not replace bitcoin with any other coin as all other coins have no guarantee that what will be its future. I think that investment in new coins does not make it possible for giving you good payback. If you have more knowledge about cryptocurrency then just gain knowledge about coins having promising future and which can be valuable like that of bitcoin.

Every person has own opinion but I will suggest you that never alter your bitcoin with some other cryptocurrency, but if you want to change your investment then you should choose Ethereum because it is the second successful coin in cryptocurrency industry after the bitcoin.
sr. member
Activity: 462
Merit: 250
February 04, 2023, 08:40:52 AM
for investment I recommend going to Altcoins, but for trading of course Bitcoin can be an option, the reason is very easy, that altcoins can make you achieve 100x profit on investment,
it's just that you have to really choose alrcoin investments which are good in terms of fundamentals , yes there are lots of potential altcoins, for example Nervos and Verasity,
try investing in these altcoins and wait for the bull market to come.

For a long-term investment, I'll choose BTC and some of the altcoins that I think the price will skyrocket in the future if you are holding for a long period of time. And, taking advantage of the crypto market is profitable if you have a target percent that you want to earn for a day when doing future trading with BTC doing a scalping strategy.
Sure, investing in BTC and selected altcoins for the long term can potentially yield high returns. Additionally, engaging in short term future trading with a scalping strategy can also be profitable if executed correctly. It's important to have a well-researched investment strategy and be aware of the risks involved in the highly volatile crypto market.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
January 30, 2023, 08:53:29 PM
there's reason why so many big investment firm and companies are having their big share of investments in btc and not in alts because they know it's relatively safe investment and could still gives good ROI.
the thing is, with alts even though sometimes the ROI is indeed multiple folds of btc, but it also carries risk, you could judge if you happened to hold coins like luna and ftt i'm sure by now you're already broke but if you hold btc its just losing some fraction of its value.
But also many of those company now are investing in altcoins because of cheaper and they trusted to be providing good returns.

I in the past I knew that Only Bitcoin will give me great income but nowadays? there are several altcoins that i trusted and keep in my folio .

For me when bear market start trading pair switch to alt/usd and scalp trading or buy when dip happen. When bullmarket start switch back to alt/btc. Keep in mind many alt will dien when bear market hit, even exchanges will gone with customers fund, last cycle most altcoin only pump 2000% same as btc did, so whats the point holding alt, that depend on your strategy when trading alt/btc or alt/usd
so what would be the best strategy?

Bitcoin or altcoins?
sr. member
Activity: 686
Merit: 286
January 30, 2023, 02:42:46 PM
I have always believed in Bitcoin. If I am told to invest between Bitcoin and ALT Coin, I will definitely invest in Bitcoin. Because I have seen Cryptocurrency and other currencies are very dependent on Bitcoin. When the market of Bitcoin increases, the market of other Cryptocurrency coins increases slightly, but when the price of Bitcoin is dumping a little, the same Cryptocurrency is dumping the value of other coins a lot. I think Bitcoin has a stability in the market that no other coin has. And for long term investment Bitcoin is far better than other coins. Investing in Bitcoin for the long term is much less risky. So I have always trusted Bitcoin and already I have been rewarded for trusting Bitcoin.  So if I was asked to choose between Bitcoin and ALT Coin, I would definitely choose Bitcoin.
hero member
Activity: 1260
Merit: 765
Top Crypto Casino
January 28, 2023, 02:37:50 PM
For speculators, the altcoin is their best choice since they are in for short-term gains they are just like gamblers you predict their outcomes based on hypes and short-term analysis, but if you are looking at the long-term investment you should probably look at the direction of Bitcoin and other stablecoins who are less volatile free from pump just like altcoins.
-bitcoin seems to be the most reliable coin to hold for the long term without fear of the total collapse of price.
-Bitcoin is less volatile, compared to most altcoins which are highly volatile and risky to hold.
sr. member
Activity: 1372
Merit: 264
January 28, 2023, 02:27:39 PM
for investment I recommend going to Altcoins, but for trading of course Bitcoin can be an option, the reason is very easy, that altcoins can make you achieve 100x profit on investment,
it's just that you have to really choose alrcoin investments which are good in terms of fundamentals , yes there are lots of potential altcoins, for example Nervos and Verasity,
try investing in these altcoins and wait for the bull market to come.

For a long-term investment, I'll choose BTC and some of the altcoins that I think the price will skyrocket in the future if you are holding for a long period of time. And, taking advantage of the crypto market is profitable if you have a target percent that you want to earn for a day when doing future trading with BTC doing a scalping strategy.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
January 28, 2023, 07:04:44 AM
Bitcoin is a good option as there is no short-term or long-term risk.  altcoins are a higher risk option including the top potential altcoins in the market that could all crash horribly like (Terra and FTX).  I also don't deny that altcoins have huge growth potential but it's better not to put them all in one basket.  Diversifying portfolio by combining btc and altcoins is the best way I've learned.
there is a risk in Bitcoin mate because there are no crypto that has no risk but the chance is smaller when bitcoin is for long term investing , there are so much happening in altcoins while in bitcoin? protection is what we have as long as our readiness to keep holding is there.
just but them both? and you will be safer .
sr. member
Activity: 1372
Merit: 252
January 28, 2023, 02:38:15 AM
Bitcoin is a good option as there is no short-term or long-term risk.  altcoins are a higher risk option including the top potential altcoins in the market that could all crash horribly like (Terra and FTX).  I also don't deny that altcoins have huge growth potential but it's better not to put them all in one basket.  Diversifying portfolio by combining btc and altcoins is the best way I've learned.
Even though Bitcoin is not that there is no risk at all and thinking like this is certainly wrong,
Bitcoin or altcoins both have risks and are related to the long term, indeed Bitcoin is a good choice,
every trader needs to diversify their portfolio and not just focus on one coin.
full member
Activity: 1428
Merit: 120
Buzz App - Spin wheel, farm rewards
January 27, 2023, 10:55:48 PM
Bitcoin is a good option as there is no short-term or long-term risk.  altcoins are a higher risk option including the top potential altcoins in the market that could all crash horribly like (Terra and FTX).  I also don't deny that altcoins have huge growth potential but it's better not to put them all in one basket.  Diversifying portfolio by combining btc and altcoins is the best way I've learned.
legendary
Activity: 1974
Merit: 1157
MAaaN...!! CUT THAT STUPID SHIT
January 26, 2023, 06:09:49 PM

Bitcoin is still an easy x5 in the next bull run. So I choose bitcoin over the ever-dangerous and unstable altcoins. Although, if allowed, I will choose both. I just need to diversify my crypto investments as well. There are the safest altcoins at the top most of the ranks, ETH and BNB are my favorite picks. But I also risked some on other altcoins that are highly volatile but have the potential of earning more than the top altcoins and bitcoin.

So it is a matter of personal preference. The most important is to DYOR and invest the money we can only afford to lose. The higher the risk, the higher than reward but bitcoin is always the safest investment in crypto, and 2nd and 3rd are not even close.
It seems to me that no one can guarantee you a stable x5 for bitcoin in the next cycle. The big question here is, at what marks can that theoretical x5 be? Although altcoins have more risk, the reward is also much higher than bitcoin.

High rewards but also with high risks to rugpull. Take a look at the drama that happened to LUNA, FTX, they were the top altcoins that were trusted by the community but in the end they collapsed and hurt a lot of people. Indeed, no one guarantees bitcoin will get 5x easily, but when compared to having to wait 10x from altcoins and dropping to rugpull is very risky. Bitcoin is still the best for the long term, it will not drop to zero and will not be a rug pull.
sr. member
Activity: 2282
Merit: 439
Cashback 15%
January 26, 2023, 09:06:29 AM
It is the altcoins who is said to be a very amazing investment for a short and long term if you will choose it wisely. Bitcoin is a good investment but its a long term process while in altcoins it will take a short term if you are lucky by the altcoin you choose to invest. There are so many altcoins that is why it is very important to research first before investing to avoid scam and to know more about the coin and have a future insights of the coin you want to buy and hold.

Bitcoin is still an easy x5 in the next bull run. So I choose bitcoin over the ever-dangerous and unstable altcoins. Although, if allowed, I will choose both. I just need to diversify my crypto investments as well. There are the safest altcoins at the top most of the ranks, ETH and BNB are my favorite picks. But I also risked some on other altcoins that are highly volatile but have the potential of earning more than the top altcoins and bitcoin.

So it is a matter of personal preference. The most important is to DYOR and invest the money we can only afford to lose. The higher the risk, the higher than reward but bitcoin is always the safest investment in crypto, and 2nd and 3rd are not even close.
It seems to me that no one can guarantee you a stable x5 for bitcoin in the next cycle. The big question here is, at what marks can that theoretical x5 be? Although altcoins have more risk, the reward is also much higher than bitcoin.
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