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Topic: BTC or altcoin - page 3. (Read 5329 times)

copper member
Activity: 56
Merit: 1
August 09, 2024, 02:04:33 AM
If you like BNB Coin as a pledge currency, then keep Bitcoin on your chest. Because Bitcoin exists today, other Altcoins survive in the market. As you continue to see bitcoin price drop it recovers straight away, the last dumping in the bitcoin market was the $70k to $49k touch. But that Bitcoin touched again up to 62K then you notice that Bitcoin is definitely preferred as the best coin.  And other altcoins are in their rightful place, the general improvement has been slow, Bitcoin is the best.


I agree. It's just safer in the long run, even with the possibilities in alts, if a person has the funds to spare, it would be wise to use them for BTC accumulation (using DCA, preferably). No storm would break the trust in it.
sr. member
Activity: 532
Merit: 345
Catalog Websites
August 08, 2024, 11:55:05 PM

If you like BNB Coin as a pledge currency, then keep Bitcoin on your chest. Because Bitcoin exists today, other Altcoins survive in the market. As you continue to see bitcoin price drop it recovers straight away, the last dumping in the bitcoin market was the $70k to $49k touch. But that Bitcoin touched again up to 62K then you notice that Bitcoin is definitely preferred as the best coin.  And other altcoins are in their rightful place, the general improvement has been slow, Bitcoin is the best.

Yes, Bitcoin is the best in every way. However, people consider Bitcoin to be expensive, because the price of Bitcoin is very high. Due to which people prefer to invest in altcoins rather than Bitcoin. Bitcoin is a long term investment, you can't earn much profit from Bitcoin in short term, you can face losses. If one can continue to invest in Bitcoin for long term with DCA method then it is possible for one to become a successful investor.

Now many people can afford to buy 1 ETH, 1 BNB, 1 SOL, altcoins, but not many people can afford to buy 1 Bitcoin. If altcoins are lucky you will be able to earn 2×3×4×5× in a short time. To make a 2x profit on Bitcoin, the price of Bitcoin would need to be $120k. However, even if the profit in Bitcoin is low, we should trust Bitcoin. Because at the beginning of 2023 the price of Bitcoin dropped to $16k and in 2024 we saw it go to $70k plus. Many altcoins have fallen in price but have not recovered. Besides investing in Bitcoin, we need to find the top altcoins in the market and invest in them.
full member
Activity: 476
Merit: 141
August 08, 2024, 08:22:53 PM
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?

Bitcoin is known for its stability and social trust, and is also called “digital gold.
A promising altcoin is Binance Coin (BNB), which is one of the largest cryptocurrency exchanges and can also reduce transaction costs.
Bitcoin is recommended for its stability and reliability.

This is true. Binance Coin (BNB) is a promising coin. Cool

If you like BNB Coin as a pledge currency, then keep Bitcoin on your chest. Because Bitcoin exists today, other Altcoins survive in the market. As you continue to see bitcoin price drop it recovers straight away, the last dumping in the bitcoin market was the $70k to $49k touch. But that Bitcoin touched again up to 62K then you notice that Bitcoin is definitely preferred as the best coin.  And other altcoins are in their rightful place, the general improvement has been slow, Bitcoin is the best.
sr. member
Activity: 854
Merit: 364
I ❤️Bitcoin
August 07, 2024, 02:21:22 PM
There is no way to compare Bitcoin to Altcoins. Bitcoin is to be considered one of the most authentic coins in the crypto market in every aspect. History is a witness that since the beginning, Bitcoin has proved that it follows the bullish moment, so Bitcoin has been and will remain the number one coin of the market from the beginning. It has never happened that Bitcoin has been number two; it has always been number one, whether it is price or M.cap Volume etc. It has always excelled in every aspect as compared to the rest of the coin. Even Etherum could not compete with Bitcion. 
 
So it's meant to say that it is not possible to compare Bitcoin or Altcoin, but Bitcoin is a preferred investment for everyone, while Altcoin should be bought for the purpose of profit according to the opportunity, that is also only Top Altcoin. Because if we look at history, how many Altcoins came into existence with Bitcoin but with time no longer exist while Bitcoin still exists. This means Altcoin is dependent on Bitcoin while Bitcoin is independent. So choose Bitcoin as a lifetime investment and other altcoins used for profit from time to time.
 
DYOR !
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
August 06, 2024, 01:54:27 AM
Make bitcoin the majority of your investments and just let the altcoins be the minority ,
 maybe putting 60% in bitcoin and diversify that remaining 40% in other altcoins , that would
be your better option because this halving is about prioritizing bitcoin .
for how many times that we have seen this scenario and yes its still bitcoin that needs to
climb first and altcoins will follow in their time.

but also look at the moment when it's BTC time, BTC is rising while the others seem to be holding back if we pay attention to the market and now it's ETH time.
https://coinmarketcap.com/currencies/ethereum/ is this what you called the ETH time? i seems not to find what is best in it against bitcoin would you mind explaining us what are you trying to say here?
because i guess they are both struggling to break the barricades ?

Quote
I think the alts season will arrive soon and it would be better for us to prepare a little if we have easy funds, whether in BNB, Matic, ADA or others, just to prepare if it comes soon in the near future.

Alt season will come of course..


But remember before your altcoins grow high and make their All time high , it is bitcoin that will go high first so expect this in the more months to come.
full member
Activity: 2142
Merit: 183
July 15, 2024, 09:55:56 PM
in my opinion bitcoin and altcoin can both provide profits in the future, and I think it's just a choice, bitcoin is a priority investment for every crypto user because bitcoin has great potential and is very promising, while altcoin is an option that can give you additional income.
Bitcoin is sure, altcoins are difficult because there are so many altcoins. If we choose the wrong trend during this period, our assets will lose a lot in the future.

Bitcoin is certainly a great coin for long-term investment, but those who say that you can’t put all your eggs in one basket are always right. Therefore, some top altcoins like Ethereum and BNB should definitely be in our portfolio. If anyone is ready to take risks in pursuit of big profits in a short time, he can choose young and promising projects. But at the same time, there is a big risk of losing everything.

I personally keep a significant part of my savings in Ethereum, because, unlike Bitcoin, it has many useful functions. In addition, some analysts believe that this coin is capable of price growth at a growth rate even higher than Bitcoin. One of the catalysts for ETH's outpacing growth is the US approval of spot ETFs based on the asset, which is expected this week.
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
July 08, 2024, 11:05:44 AM
I know this an old tread and some people just bump it but if there's a question like btc or altcoin im gonna say why not both really.

Bitcoin for me is just like digital gold it against the inflation rate and trusted by lot of people while

Altcoin is high risk high return investment so if you want double and triple return invest in altcoin IMO
jr. member
Activity: 48
Merit: 6
July 06, 2024, 10:46:36 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?
Which is more profitable to invest in BTC or altcoins? It is very difficult to say as it would be wise to invest carefully in BTC and Altcoins based on your risk tolerance and investment goals. Again, diversifying your investments into selected altcoins can be a prudent approach. Thus, you can benefit from the stability of BTC and the growth potential of altcoins.
member
Activity: 742
Merit: 21
July 04, 2024, 06:32:54 PM
Almost everyone invested in this forum is in Bitcoin.  That's why I'd say Altcoins have to lose every time no matter how you compare them to Bitcoin. Because Altcoin market is getting scammed again and again, and huge amount of money is lost by investors. Such records are constantly happening to investors but those who have invested in Bitcoin and are patient have very little chance of losing money. Rather more benefits are gained only by investing in Bitcoin.
full member
Activity: 476
Merit: 141
July 04, 2024, 06:27:35 PM
in my opinion bitcoin and altcoin can both provide profits in the future, and I think it's just a choice, bitcoin is a priority investment for every crypto user because bitcoin has great potential and is very promising, while altcoin is an option that can give you additional income.
Bitcoin is sure, altcoins are difficult because there are so many altcoins. If we choose the wrong trend during this period, our assets will lose a lot in the future.

Here I will talk about only one point, comparison of Bitcoin and Altcoin longevity. Note that Bitcoin has been alive in the market for a long time and has not faced any problems yet. But altcoins are constantly being born and destroyed from the market. So if you want to invest then definitely choose Bitcoin and keep your money safe.

hero member
Activity: 1593
Merit: 502
July 03, 2024, 10:29:47 PM
in my opinion bitcoin and altcoin can both provide profits in the future, and I think it's just a choice, bitcoin is a priority investment for every crypto user because bitcoin has great potential and is very promising, while altcoin is an option that can give you additional income.
Bitcoin is sure, altcoins are difficult because there are so many altcoins. If we choose the wrong trend during this period, our assets will lose a lot in the future.
sr. member
Activity: 532
Merit: 345
Catalog Websites
July 03, 2024, 06:36:03 PM
Bitcoin is the greatest coin of all time no matter how you compare it. Because it has remained faithfully in the market for a long time, has not yet suffered any scams, and is not likely to suffer any scams in the future. So Bitcoin is never compared to unique coins, Bitcoin is the best coin. But the Altcoin crashed from the market and caused huge people to lose money. So I believe in Bitcoin and have invested maximum amount of Bitcoin.
Yes, Bitcoin is the most popular and trusted currency. Now if one wants to invest in cryptocurrency then it would be better to choose Bitcoin first. Because if you can hold for a long time by investing in Bitcoin, you will surely get profit. Investing in altcoins is very risky, investing in altcoins carries the risk of losing the entire amount. So don't invest in altcoins to be risk free, invest in bitcoins. But if you have enough money then invest in the top altcoins in the market alongside Bitcoin. For example, it would be better to invest in coins such as Ethereum, BNB, Solana, etc.
full member
Activity: 1638
Merit: 167
Buzz App - Spin wheel, farm rewards
July 03, 2024, 06:20:50 PM
in my opinion bitcoin and altcoin can both provide profits in the future, and I think it's just a choice, bitcoin is a priority investment for every crypto user because bitcoin has great potential and is very promising, while altcoin is an option that can give you additional income.
bitcoin has become a safe haven for big investors because the amount cannot be reduced or added to, this is what makes bitcoin continue to be at the top while altcoins were deliberately created for business so not many can survive well, just look at it like meme tokens or other new projects, the majority of which end up being scams

therefore, for those who diversify their portfolio, I suggest making the investment portion in bitcoin larger than in altcoins
full member
Activity: 1292
Merit: 101
Vave.com
July 03, 2024, 07:19:28 AM
IMHO, I would advise investing with altcoins since it is much cheaper when you are buying on it and you can get a load of shares or coins to hold. And holding these coins in your wallet could get you a lot of profit if the altcoin you are holding is just when the price pumps up.

I know that BTC is the king of cryptocurrency but in terms of practicality then I would still suggest investing with altcoins.
Not all altcoins are more profitable than Bitcoin. It's still best for one to have Bitcoin first before anything else.
If you are generalizing altcoins that you'll get load of profits and tokens there, you're looking at its supply attributes.
Not everything that you get with most in quantity will guarantee you with ROI.
Investor are really get confused when see the current price of btc, they always think is it over priced but get some confidence as we when think it was really low in price and now it is here and can go more up. Btc is the base of crypto so it always became the first choice for me though its highly volatile. On other hand if we have enough knowledge on different altcoin project we can easily get idea which have good future and go for investment. Its always profitable if you choose the best project but for me btc is always first.
hero member
Activity: 1078
Merit: 566
July 02, 2024, 12:33:04 PM
The bitcoin and Ethereum was the old coin in the cryptocurrency market.So the investment in both of this coin will give you good profit one day.The bitcoin was the first option chosen by the new traders to reduce their risk free trading at the initial stage.The trader who want to earn the passive income without risk may choose the bitcoin at the correct price.The market analysis was the important one in the cryptocurrency investment even though the investment was made in the bitcoin and the new pump will help to earn some money in trading of bitcoin.

There is no comparison between Bitcoin and Alts. Bitcoin must be your first and foremost choice for investment because it has a history of price increase. Coins like Eth are old but they are very much dependent on Bitcoin for there price moment. Lot was expected from Ethereum when it switched from PoS to PoW but it failed to make any significant change in its price. The fact is most Alts are dependent on Bitcoin, so its better to invest directly in Bitcoin rather in coins that can't move on there own.
hero member
Activity: 2324
Merit: 513
Catalog Websites
July 01, 2024, 04:24:13 PM
IMHO, I would advise investing with altcoins since it is much cheaper when you are buying on it and you can get a load of shares or coins to hold. And holding these coins in your wallet could get you a lot of profit if the altcoin you are holding is just when the price pumps up.

I know that BTC is the king of cryptocurrency but in terms of practicality then I would still suggest investing with altcoins.
Not all altcoins are more profitable than Bitcoin. It's still best for one to have Bitcoin first before anything else.
If you are generalizing altcoins that you'll get load of profits and tokens there, you're looking at its supply attributes.
Not everything that you get with most in quantity will guarantee you with ROI.
sr. member
Activity: 1372
Merit: 264
June 29, 2024, 02:16:10 PM
IMHO, I would advise investing with altcoins since it is much cheaper when you are buying on it and you can get a load of shares or coins to hold. And holding these coins in your wallet could get you a lot of profit if the altcoin you are holding is just when the price pumps up.

I know that BTC is the king of cryptocurrency but in terms of practicality then I would still suggest investing with altcoins.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
June 18, 2024, 01:32:13 AM
Well Bitcoin is still the 1 coin I will want to have more of then he alt coins. We can get some fast gains from alt coins but if its a bad project or a 'rug pull we will lose it all.

We know that Bitcoin will give us big profits in the future. We do now know if this is the same thing for alt coins.

Yes there can be big profits but I think there will be a new all time high for Bitcoin in this year. So I will still hodl them and not buy more alt coins.
sr. member
Activity: 585
Merit: 250
PredX - AI-Powered Prediction Market
June 17, 2024, 01:46:09 PM
in my opinion bitcoin and altcoin can both provide profits in the future, and I think it's just a choice, bitcoin is a priority investment for every crypto user because bitcoin has great potential and is very promising, while altcoin is an option that can give you additional income.
newbie
Activity: 1
Merit: 0
June 17, 2024, 01:15:34 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?

Bitcoin is known for its stability and social trust, and is also called “digital gold.
A promising altcoin is Binance Coin (BNB), which is one of the largest cryptocurrency exchanges and can also reduce transaction costs.
Bitcoin is recommended for its stability and reliability.

This is true. Binance Coin (BNB) is a promising coin. Cool
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