Bitcoin is the most stable, but, the profit which you will have in case it rises will be smaller.
If you are a newbie - chose bitcoin, if you are able and have talent in analyzing and some luck - welcome to crypto world!
Topic: Invest on Bitcoin or new exchange is better? (Read 304 times)
Bitcoin is not an exchange, you can invest it in it by buying, just like you can buy other currencies.
Coinbase is one of the ways of acquiring bitcoin.
Little advise for the road, you have probably come across it, but it's worth repeating as few people heed;
1) Don't invest more than you can afford to lose.
2) Start small
3) Consider the risk as well as the potential profits.
4) Investing in established currencies (like bitcoin) is safer than ICOs and speculations. But with more knowledge you can handle both.
Coinbase is one of the ways of acquiring bitcoin.
Little advise for the road, you have probably come across it, but it's worth repeating as few people heed;
1) Don't invest more than you can afford to lose.
2) Start small
3) Consider the risk as well as the potential profits.
4) Investing in established currencies (like bitcoin) is safer than ICOs and speculations. But with more knowledge you can handle both.
To be honest, I would recommend you to invest your time before investing your money in order to explore the crypto industry. I have lost my capital multiple times in my initial days of trading when I used to trade based on others opinion and hence, never follow others opinion blindly. Start reading with the beginners and help section where you will get the solution to most of your queries as a newbie.
I think the most investor new exchange is better bitcoin. The best time to buy is when the currency value is low or it is expected to increase. The advantage of this type of investment is that we are the owners of the purchased bitcoins and we can use them as a payment method. However, bitcoin then cryptocurrency is a good investment Eth, Zec, Ripple with a nice expected return.
I think investing in Bitcoin is better than new ICO's coming up because Bitcoin has been in existence for a long time and the price has been quite stable for a while now. Even though Bitcoin prices fluctuates, you are sure it will go up.
Nothing is like bitcoin because it is most reliable but yes the price fall and this time it stay little long but soon it will recover and then people will not think of any alternative way.
watch in choosing coins. For me the coin for the future is just bitcoin so you have to consider no regrets later on.
I will prefer bitcoin anyday, anytime.
You should approach the investment wisely. Not always advice is good, because very few people are not literate. Therefore, before investing, explore the market. So your risks will be less.
If you are looking for the best and also most reliable investment platform then I must say there is no substitute of bitcoin and nothing else.
Bitcoin is different from exchange 💱 please don't get this wrong, exchange is a platform where cryptocurrencies like bitcoin, etherium are being traded while Bitcoin is one of cryptocurrencies we have today, mother of cryptocurrency. Altcoins are other cryptocurrencies aside from bitcoin, If your was what altcoin should you invest in my advice for you is to goto coinmarketcap to see list of coins make resesrch on any coin before investing
New exchange? you have to buy bitcoin and buy it through exchange so there's something wrong with your question. You are also interested with altcoins? use only those exchanges that are popular like Binance and Kucoin. Don't use a not so popular exchange that doesn't have any good volume at all. And don't deposit so quick to that exchange if no one is suggesting it or if someone suggests it, do your research.
be smart to invest. You have to choose which one is often used in investing. maybe only a few can promise in the future
If you want least risk investment, then Bitcoin is the way to go.
As a wise investor, be aware of the trend of the market. Be alert in all cases and you will be a successful person in every field.
I will suggest you to buy bitcoin, right now market is red & you can buy bitcoin at low price which can give you a good return in future.
Second option is split your investment in bitcoin & exchange, it will be also fruitful decision. You will be in profit even from one side you lose something from other side you will in position to save.
Second option is split your investment in bitcoin & exchange, it will be also fruitful decision. You will be in profit even from one side you lose something from other side you will in position to save.
My suggestion is to invest some in BTC and invest some in altcoins. Buy btc and hodl it until the market skyrockets to get big profit. While in altcoins you can buy at the low price and sell if you are satisfied with the profit that you have gained.
BTC is the most recognized on the market for cryptocurrency, but in my opinion the same ETH would be a currency worth investing, especially after the fluctuations it has in the last time.
eth experienced many problems and resulted in prices falling further, this really influenced investors, I personally doubt the future of eth which is getting worse, I prefer btc for me to invest
I wouldn't recommend using new exchanges. They hold too many risks, not everybody is prepared for them. Better draw your attention to trusted exchanges. Like CEX (https://cex.io/), for instance, it's easy in use. And to answer your question, I think it's wise to gold your crypto for some time. Don't make rush decisions, better explore first and then start trading.
if you are still a beginner, I suggest investing in bitcoin because the new exchange haven't be able to be tested for its security
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