BTC or altcoin - page 8. | Bitcointalksearch.org

Berry2d

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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?

Apart from btc, the other altcoin I will chose for him to buy is the etherium. Because etherium is alway at the back of Bitcoin that men no desire.

Obim34

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Quote from: batang_bitcoin on January 12, 2024, 12:20:08 PM

Quote from: tech72 on January 12, 2024, 05:26:51 AM

BTC can't do 100x or 1000x anymore.

Technically, that's true because Bitcoin is done with that and we might just get a one-digit gain but with its price now, that's still a lot.

Quote from: tech72 on January 12, 2024, 05:26:51 AM

ALT can. But which one? Grin

This is why many are hunting for the new projects and most of them are meme coins that could get that much gain. But be careful with that, I'll still go with Bitcoin in terms of gains.

I don't know what few digits you mean, yes it may not give 100x profits but I think everyone should be much convenient with whatever profit they make from investing. There are many strategies applied when investing, if not okay with purchasing lump sum or DCAing then kindly wait for the big DIP like the one that happened seeing Bitcoin fell to $20k ,compared to the price now and future ATH, one will make a very nice profit.

Hallroom

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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?

Bitcoin is the highest level high coin, so there is no comparison between Bitcoin and other coins. Bitcoin is Bitcoin. Altcoins are unlimited and their market movement is small, so investing in Altcoins is very risky and the possibility of loss is very high. I'm holding a little bit of Gowen and a lot of Bitcoin in order to profit through the 2025 bull run. That's why the best way to hold Bitcoin is currently in control of the Bitcoin price, so all investors should invest in Bitcoin.

Sophokles

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Quote from: tech72 on January 12, 2024, 05:26:51 AM

BTC can't do 100x or 1000x anymore.

ALT can. But which one? Grin

Everybody is not looking for 100X i think and if a project can make 100X rally that can do 100X downfall as well. So if you have 1 million USDT what are you going to do? Put all of it in a small-cap low-tier project that isn't well established yet when buying bitcoin and ETH and stake it somewhere with a 6% APY is enough for you? You will earn rewards without selling, and for 1M USD 6% is already a pretty high profit for a lot of people. So the best approach is to have them all in a small amount.

FinePoine0

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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?

Bitcoin is the greatest coin, Bitcoin has been given the highest priority as the cryptocurrency base coin. Bitcoin currently has the largest number of investors who have most of their wealth invested in Bitcoin. Bitcoin has been reliably marketed for over a century, but I can't compare it to altcoins. AltCoin is not trustworthy because I have seen many coins get destroyed from the market and I consider Bitcoin as the most trustworthy.

niall51

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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?

with that nominal amount, instead of buying bitcoin, it's better if you buy altcoin which can make your money 5-10x because with an amount of money of only 800$ buying bitcoin is very inflexible because in my opinion bitcoin is to maintain our wealth and altcoin is to make us build our wealth you have to Find out what altcoins are worth buying that have the potential to give us profits during a bullish market

Zanab247

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Since the price of BTC is too high to invest such little capital in this season, I will advise you to invest the money on Solana since the price is still low and there is an evidence that you will earn something when the market bull start because, those that invested little money on altcoins some years ago really earned well from their investment.

Well, you can carry out your research to know the coin that will sweet you in the future because, you have the right to make your choice and follow your choice so that when you miss it or get it right in the future you will not blame anybody like the way some people blame someone people that gave them advise on a particular coin to invest.

2Pizza410000BTC

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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?

$800 is not a small amount if you think $800 will get you some bitcoins then my advice to you is to buy ethereum with your $800. If you buy ethereum with your 800 dollars then surely you will get good success. Always remember that Ethereum is second only to Bitcoin so Ethereum should not be considered more risky. I am currently investing in Bitcoin as well as Ethereum. Ethereum is still worth investing in. We know that Ethereum's SEC case will be heard in May and if the SEC charges are settled in May, Ethereum will go up a lot.

Although the post was created long ago but now I created my post for everyone.

batang_bitcoin

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Quote from: tech72 on January 12, 2024, 05:26:51 AM

BTC can't do 100x or 1000x anymore.

Technically, that's true because Bitcoin is done with that and we might just get a one-digit gain but with its price now, that's still a lot.

Quote from: tech72 on January 12, 2024, 05:26:51 AM

ALT can. But which one? Grin

This is why many are hunting for the new projects and most of them are meme coins that could get that much gain. But be careful with that, I'll still go with Bitcoin in terms of gains.

cryptodude

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As a very small investor I would say Bitcoin of course. Bitcoin is the king of cryptocurrencies. Moreover, if you know the history of Bitcoin, you will surely understand that Bitcoin rises very slowly. Which increases the endurance for an investor. Moreover, investing in altcoins always involves risk. Investing in cryptocurrency is definitely risky though.

Arkann

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Quote from: tech72 on January 12, 2024, 05:26:51 AM

BTC can't do 100x or 1000x anymore.

ALT can. But which one? Grin

We can definitely observe the development and instantaneous explosion of a certain gemstone, which will give many people the opportunity to quickly get rich. But after this he, like many others, will fall into the shadows Bitcoin and Ethereum.. So we still need to answer ourselves what we want more, big X's or a strong asset.

Dunamisx

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Quote from: tech72 on January 12, 2024, 05:26:51 AM

BTC can't do 100x or 1000x anymore.

ALT can. But which one?

Maybe you should know this certain thing about bitcoin, you cannot predict what may comes in after at any point, within some years, what makes you think we cannot have that or even more, remember there have always been an increase in the market price for bitcoin as it increases in value, who knows where this next halving is taking us to and the other subsequent ones coming till the entire blocks were mined and still after that, the market value will keep on increasing, altcoins are this disappointing and can give heart attacks.

Games.Bitcoin

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I would say Bitcoin is much better than Altcoins. Although there are always risks involved in investing in cryptocurrencies, I would say Bitcoin is the best. Altcoins will tempt you with huge profits. But any time can also give you a lot of losses. But bitcoin rising reputation recovers very slowly, offering good benefits and profits to a patient and long-term holder.

tech72

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BTC can't do 100x or 1000x anymore.

ALT can. But which one? Grin

Obim34

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Quote from: Sophokles on December 10, 2023, 06:49:30 AM

It will be better to have both of them. You can determine the allocation based on your risk-reward ratio. If you want to risk more money and your primary priority is to maximize your profit then altcoin can give you a better opportunity to do so if you manage to pick the right one. But if you think that you have enough funds and multiplying them a few times is enough for you then allocate most of the funds to bitcoin as this won't give you 100X but it can multiply your asset by at least 4X.

Altcoins can be risky but gives the better profit than what Bitcoin might give in just a limited time, this reason some people deemed it necessary to put higher percentage of their money into Altcoins than Bitcoin. Bitcoin is safer with multiple purpose and widely adapted around the world so it will be best to consider Bitcoin than Altcoins, there is every chance of Altcoins to collapse than Bitcoin.

Sophokles

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It will be better to have both of them. You can determine the allocation based on your risk-reward ratio. If you want to risk more money and your primary priority is to maximize your profit then altcoin can give you a better opportunity to do so if you manage to pick the right one. But if you think that you have enough funds and multiplying them a few times is enough for you then allocate most of the funds to bitcoin as this won't give you 100X but it can multiply your asset by at least 4X.

nimogsm

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Quote from: andyou1234 on December 07, 2023, 11:25:46 AM

In my opinion, BTC and altcoin can both provide the best things in our lives, and it depends on our individual tastes, if I have large funds then I will choose both as investments, but in my opinion BTC has a smaller risk compared to with altcoins which have big risks, but if we can choose the right altcoin then we will be able to achieve bigger profits from bitcoin.

altcoins are an important tool in any portfolio, in my portfolio the ratio is approximately 60% Bitcoin; the rest are altocoins, which I mainly trade with and increase my positions in BTC. Next year is already halving and we need to be ready for it. I think this will be a decisive event.

vs2014

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A few days ago bitcoin was cheap so you should have bought then. But you can buy bitcoin at this time if you want because later when the bull market starts its price will run higher. However all currencies have a combination of pump and dump so no matter which one you buy there is always an amount of risk involved. But I think in long term bitcoin is magical and will give you good profit anytime so buy now without wasting time.

andyou1234

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In my opinion, BTC and altcoin can both provide the best things in our lives, and it depends on our individual tastes, if I have large funds then I will choose both as investments, but in my opinion BTC has a smaller risk compared to with altcoins which have big risks, but if we can choose the right altcoin then we will be able to achieve bigger profits from bitcoin.

Obim34

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Haha... No too good comparison between both, depending on how long you plan to leave your investment. Altcoins are mostly quick rich scheme where most people rush into and don't get out easily I must say. Most Altcoins are shitcoins with so much hype, they seems nice at the very beginning then leave a knife to your heart. Base on the kind of risk attached to Altcoins many who are quick to correct themselves runs and find shelter in the arms of Bitcoin, as they live to invest with out fear and make good profits from Bitcoin, just that the duration at which good profit can be made is for a long term, a 3-5years interval. If you have the mind to hold for this long then buy Bitcoin and sleep on your investment as it gives you better profits in due time. Do not be in a haste to make profits so as you don't loose your funds

Topic: BTC or altcoin - page 8. (Read 5466 times)