The simple answer is Yes. But it took a lot of learning and guidance before it got to where I am now. The fact is not everyone is willing to sacrifice their time and money, especially if they don't get instant gratification.
bitcoin is the best choice in investing especially in the long term, but that does not mean some altcoins are not good either. It all depends on your own beliefs and analysis, and for sure bitcoin is the best among other cryptos and also the safest and also very profitable in the long term as long as you believe and have strong patience to make good profits.
Topic: invest in bitcoin or altcoin? - page 2. (Read 400 times)
...I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?
Bitcoin is a more reliable coin, so the risk of losing your money will be much lower than when investing in altcoins. This is the recommendation that beginners should adhere to, since they cannot independently conduct research and choose several of such a huge number of altcoins. When you acquire the necessary knowledge and experience, you will be able to independently choose an object for investing in altcoins, which may bring you more profit than when investing in BTC.
Investing in bitcoin is more reliable that altcoin, most altcoin don't have the foundation bitcoin already has and might not stand the test of time unlike bitcoin that has stood and still standing the test of time,
Tho investing in altcoin is risky and might also prove to be a smart one because the increase value of the altcoin might just be around the corner,
Altcoin are good to invest in just invest and forget you invested, but I will always invest in bitcoin anyday and anytime over altcoin. Bitcoin is more reliable and safer than altcoin so investing in it won't really be a big risk, the only risk you thinking about is the rise and fall in value compared to some altcoin who might just loose its entire value.
Tho investing in altcoin is risky and might also prove to be a smart one because the increase value of the altcoin might just be around the corner,
Altcoin are good to invest in just invest and forget you invested, but I will always invest in bitcoin anyday and anytime over altcoin. Bitcoin is more reliable and safer than altcoin so investing in it won't really be a big risk, the only risk you thinking about is the rise and fall in value compared to some altcoin who might just loose its entire value.
many people advise you to invest in bitcoin. and I also advise you to invest in bitcoin. because I think bitcoin is safer and better than altcoins.
Hi, I'm newbie in this forum.
I recently found out about bitcoin from my friend. Then I am interested in investing. But after I found out, that coins are not just bitcoin but there are also coins (altcoins).
I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?
I recently found out about bitcoin from my friend. Then I am interested in investing. But after I found out, that coins are not just bitcoin but there are also coins (altcoins).
I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?
In terms of safety, it can be said that bitcoin is the safest on the market, so it can be said that bitcoin is the first choice.
It sounds like you are still very new, and you only heard about the market from your friend, so I advise you to arm yourself with knowledge before investing in anything, even if it is not cryptocurrencies. Knowledge is power, the only key to success. Bitcoin is considered the safest, best investment, but if you do not have the knowledge and invest it blindly, you will still lose. No one succeeds in any field without knowledge of that field.
I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?
it would be better to invest in bitcoin but I think you should learn more about bitcoin or cryptocurrency in general before investing in anything. I am pretty sure once you learned enough that you'd most likely share your friend's opinion as to why he recommended that you invest in bitcoin. you might even realize that some altcoins are worth investing in. 
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I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?
Investing with bitcoin will be safer than investing with altcoins because so far bitcoin is the only Cryptocurrency that investors are most interested in on the market among thousands of other coins and so far bitcoin has proven to be able to survive in any situation, thus making many people believe that bitcoin is very good to invest especially for the long term, but sometimes some of the top altcoins like ETH, BNB and LTC in my opinion are also worthy of being used as an alternative but if investing with altcoins make sure don't buy shitcoins just focus on coins that already have strong fundamentals. I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?
Hi, I'm newbie in this forum.
I recently found out about bitcoin from my friend. Then I am interested in investing. But after I found out, that coins are not just bitcoin but there are also coins (altcoins).
I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?
I'd suggest you invest in bitcoin than any other coins because you will just throw your money if you put it on altcoins. If you want to invest in altcoins don't put too much on it since it is very risky and you don't know if the altcoin can survive the market.I recently found out about bitcoin from my friend. Then I am interested in investing. But after I found out, that coins are not just bitcoin but there are also coins (altcoins).
I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?
Confused about which one better for investing between Bitcoin or altcoin? I think spent with your portfolio for both where spent 50% for Bitcoin and left from your saving invest in Altcoin. Its seems good ideas because you can take profit with altcoin or bitcoin investment but keep waiting for investing when price drop.
For altcoin maybe I can recommended with Litecoin, Binance coin and Ethereum, another altcoin are potential but I don't really recommended due high risk later when price going dump.
I think you should increase it to 75% for bitcoin and the 25% left is for altcoins what you think is best but I like your recommended altcoin like Litecoin, Binance and ethereum.For altcoin maybe I can recommended with Litecoin, Binance coin and Ethereum, another altcoin are potential but I don't really recommended due high risk later when price going dump.
Do your own research before buying those coins!
I recently found out about bitcoin from my friend. Then I am interested in investing. But after I found out, that coins are not just bitcoin but there are also coins (altcoins).
I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?
Hello welcome.I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?
You're confused? You're a newbie? I have one suggestion to you.
Instead of making yourself confused into which coin you wanna invest your money with, maybe it would be better if you will invest in yourself first. Try to learn first at least the basics and don't be like the 95% of the investors out there who are just throwing their money, wanted to invest hoping that their money will grow without doing nothing and not knowing the risks of it. You're a newbie so the risk of you getting scammed is higher. Try to learn first at least.
You should not invest in either one.
I do not understand what you mean here. We should not invest in any, as in we should not buy any and hold?
Like I said above, learning is the first step in investment. Buy and hold? Without knowing the possible risks at all? I agree with what he said here that OP shouldn't invest in either one because he doesn't know either one of them. Don't tell a newcomer to just buy and hold without any knowledge at all or else, he might lose his money because of wrong decisions.
thanks for the advice you guys gave. and yes, maybe I should learn more about bitcoin and altcoins first. I'm also worried that I will be too greedy and end up investing and end up losing.
I have no problem with altcoins but Bitcoin is much a safer bet for newbies that's why your friend told you to go for Bitcoin instead, altcoins have higher ROI than Bitcoin but more risky, you can easily lose a lot of money investing on altcoins, you can also make a ton of money investing on altcoins so thread carefully friend, stick with Bitcoin for now and look into why altcoins make sense or not, some altcoins are so damn good and useful like Polkadot but you need to learn more about what you are getting into.
Confused about which one better for investing between Bitcoin or altcoin? I think spent with your portfolio for both where spent 50% for Bitcoin and left from your saving invest in Altcoin. Its seems good ideas because you can take profit with altcoin or bitcoin investment but keep waiting for investing when price drop.
For altcoin maybe I can recommended with Litecoin, Binance coin and Ethereum, another altcoin are potential but I don't really recommended due high risk later when price going dump.
For altcoin maybe I can recommended with Litecoin, Binance coin and Ethereum, another altcoin are potential but I don't really recommended due high risk later when price going dump.
I think you have to do your own research by continuing to learn and of course asking lots of people who know about crypto, and joining you in this forum is a good decision.
in my opinion, choose bitcoin, if you already know the knowledge, then you can try investing in it
altcoins, but in my opinion investing in altcoins is indeed a high risk.
so even if you invest in altcoins, don't invest all your money in altcoins, the most you can invest for altcoins is just a small part, yes, around 25%.
in my opinion, choose bitcoin, if you already know the knowledge, then you can try investing in it
altcoins, but in my opinion investing in altcoins is indeed a high risk.
so even if you invest in altcoins, don't invest all your money in altcoins, the most you can invest for altcoins is just a small part, yes, around 25%.
I recently found out about bitcoin from my friend. Then I am interested in investing. But after I found out, that coins are not just bitcoin but there are also coins (altcoins).
I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?
Hello welcome.I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?
You're confused? You're a newbie? I have one suggestion to you.
Instead of making yourself confused into which coin you wanna invest your money with, maybe it would be better if you will invest in yourself first. Try to learn first at least the basics and don't be like the 95% of the investors out there who are just throwing their money, wanted to invest hoping that their money will grow without doing nothing and not knowing the risks of it. You're a newbie so the risk of you getting scammed is higher. Try to learn first at least.
You should not invest in either one.
I do not understand what you mean here. We should not invest in any, as in we should not buy any and hold?
Like I said above, learning is the first step in investment. Buy and hold? Without knowing the possible risks at all? I agree with what he said here that OP shouldn't invest in either one because he doesn't know either one of them. Don't tell a newcomer to just buy and hold without any knowledge at all or else, he might lose his money because of wrong decisions.
Not the answer you're looking for — but even if people here are going to tell you to buy bitcoin, invest in neither of you're not willing to do the work to find out yourself.
Bitcoin is just one but altcoins are several other coins. It shows how strong bitcoin can be in terms of investment assurance. Your friend is right for you to invest in bitcoin as a starter. Maybe later on after you have navigated the industry you can then begin to make a different choice based on the knowledge of investment you have acquired. But for now you should stick to bitcoin alone.
You should not invest in either one.
I do not understand what you mean here. We should not invest in any, as in we should not buy any and hold?
Not directly telling you to invest in Bitcoin but some aspects that Bitcoin is way better than altcoins is because
-widely use of Bitcoin by huge service companies
-can survive a bear market - while many altcoins die(value and the market cap goes to zero) during bear season, Bitcoin has proven and is likely to survive another bear market as seen in the past.
-highly unlikely to go zero - unlike bitcoin you're still unsure even if an altcoin reaches the top10 list because it's still possible to reach a zero value (LUNA as example)
The only advantage of altcoin is its value may go up to 10000% unlike Bitcoin where it's starting to stabilize because more and more people are into it. But that would be a gamble because you're more likely to get scammed than picking an altcoin that will have that value since you're picking from 1/10000 altcoins.
-widely use of Bitcoin by huge service companies
-can survive a bear market - while many altcoins die(value and the market cap goes to zero) during bear season, Bitcoin has proven and is likely to survive another bear market as seen in the past.
-highly unlikely to go zero - unlike bitcoin you're still unsure even if an altcoin reaches the top10 list because it's still possible to reach a zero value (LUNA as example)
The only advantage of altcoin is its value may go up to 10000% unlike Bitcoin where it's starting to stabilize because more and more people are into it. But that would be a gamble because you're more likely to get scammed than picking an altcoin that will have that value since you're picking from 1/10000 altcoins.
Hi, I'm newbie in this forum.
I recently found out about bitcoin from my friend. Then I am interested in investing. But after I found out, that coins are not just bitcoin but there are also coins (altcoins).
I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?
There's a difference in Bitcoin and altcoins. Bitcoin has less volatility compare to Altcoins. So in terms of risks, altcoins has the higher risk. You should invest only in Bitcoin if you are very scared of losing money. In Alts, it's very dangerous to invest in a coin without checking their site because there are so many scam coins. However, Altcoins are highly rewarding than Bitcoin, it can multiply your money in a short time. I recently found out about bitcoin from my friend. Then I am interested in investing. But after I found out, that coins are not just bitcoin but there are also coins (altcoins).
I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?
If you want to invest some in Altcoins, I suggest you to invest in top 10 alts in coinmarketcap, such as:
1. Eth
2. Bnb
3. Xrp
4. ADA
5. Doge
6 Matic (and more)
You should not invest in either one. You should use bitcoin which is the only decentralized currency in existence and only trade altcoins if you can afford taking huge risks in a manipulated market since altcoins have no real world applications.
Altcoin is risky investment compared to bitcoin. Don't go for altcoin if you have a tight budget for investing on crypto, go for bitcoin and hold it for a long time.
Keep an eye on the market if you want to participate in altcoins later and do your own research about the coins you want to invest.
Your friend is right about suggesting you to invest in bitcoin.
Keep an eye on the market if you want to participate in altcoins later and do your own research about the coins you want to invest.
Your friend is right about suggesting you to invest in bitcoin.
I'm confused, should I invest in bitcoin or other coins?
In my experience the number of altcoins that worth it on long and very long term is almost 0 (compared to bitcoin!).
Also, especially as you are newbie and bitcoin is also not easy to master, I think that you better start with bitcoin alone and, in some 2-4 years you can maybe think on altcoins this the gathered experience.
With Bitcoin too you have to pay attention where you buy the coins from and how you keep them safely (if you are not technically inclined, then investing into a hardware wallet should be one early step).
Keep in mind that you should not invest money you don't afford to lose.
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