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Topic: Investment in Altcoins give more profits than Bitcoin (Read 1871 times)

sr. member
Activity: 532
Merit: 250
Depending on what you choose, if you are smarter in trading altcoins cryptocurrency, the results will be even better.
But if you are more familiar with Bitcoin that is fair with Altcoins then it will be different again.
hero member
Activity: 1372
Merit: 564
Bitcoin if you can afford to but there are bigger profits if you hold hundred thousands of an altcoin because a cent of increase will already give you higher profit.  This is also  the reason I I kept holding the altcoins I think has better potentials in the future when the product is almost released. A million of Dogecoin will already be worth more $100K when price rise up to $0.10.
Well for me its depend to your Altcoin if it has a potential then possible can give you more profit but it doesn't mean that it is much profitable to Bitcoin. To get huge profit then invest large amount but make sure your investment is possible to increase or have potential so that your money will grow even more. I recommend to invest to those top cryptocurrencies like Bitcoin and Ethereum because these crypto are really worth it.
legendary
Activity: 2478
Merit: 1018
Bitcoin if you can afford to but there are bigger profits if you hold hundred thousands of an altcoin because a cent of increase will already give you higher profit.  This is also  the reason I I kept holding the altcoins I think has better potentials in the future when the product is almost released. A million of Dogecoin will already be worth more $100K when price rise up to $0.10.
jr. member
Activity: 115
Merit: 1
The difference between Bitcoin and altcoin is risk and profit. If you invest in bitcoin, it will give you a small profit with minimal risks, and altcoin on the contrary, a large profit, but with great risks. And here everyone chooses what he likes.
full member
Activity: 574
Merit: 102
https://adonx.one
This is depend on the situation of the crypto market, last year there are many altcoin was give bigger profit than Bitcioin, just like XLM and LTC , but for this year when bearish market is Bitcoin stronger than all altcoin. For current situation, day trading with altcoin still promising higher profit than Bitcoin.
newbie
Activity: 81
Merit: 0
For short-term traders, investing in altcoin is indeed more profitable than bitcoin, because altcoins are more likely to rise or double in the short term!
member
Activity: 266
Merit: 10
Altcoins can bring you more profit then bitcoin, but from another hand, they can bring you bigger loses too. Bitcoin market is much bigger and more stable, this is why it can't offer so big gains.
newbie
Activity: 42
Merit: 0
Some altcoins may bring you more profit sometimes
full member
Activity: 627
Merit: 103
Both are profitable. But in this bear market, I think Altcoins will give you more profit than bitcoin. Altcoins means some good altcoins like TRX, NPXS, EOS, NEO, not only Ethereum. This is not the right time to sell or trade with ethereum, it is the time to buy Ethereum. So, I think you should invest in altcoins and do trade with altcoins to bitcoin pair, not in ethereum pair. This is my personal opinion for you. Good Luck
member
Activity: 425
Merit: 10
Yes it is possible. There were times that altcoins gains bigger percentage than bitcoin. In investing, price is insignificant for smaller amount. What matters here is the percent gain of the coins. Altcoins have cheaper value but might increase by more than than bitcoin.

However, be careful in choosing the best altcoins to invest in. The problem with altcoins is that it is more volatile and unstable compared to bitcoin. As the hype and use of the altcoins decreases, it price follows.
member
Activity: 504
Merit: 10
ONe Social Network.
Which should I invest into bitcoin or altcoin
I think they are both possible to invest at the same time, bitcoin is more profitable as a long term earner and altcoins are really good to own for daily trading, all the fluctuations allow you to make a lot of profits if the trading operations are done the right way.
newbie
Activity: 53
Merit: 0
Of course Bitcoin is a potential platform in the Crypto market, but if we are looking for a short term investment altcoin is the ideal option for the current scenario and if we are looking for a long term investment then Bitcoin is the best platform
full member
Activity: 518
Merit: 100
Which should I invest into bitcoin or altcoin
It depends on the investor's preference. Sometimes investing in Bitcoin would appear to be more profitable because sometimes, it is having a higher rate of increase but since there are many altcoins, and if an investor would invest to many, surely, bigger profit will be earned. So it does also depends on the situation in cryptomarket given that dumps are suddenly taking place.
hero member
Activity: 1274
Merit: 516
It depends on the coin and the term, alt coin is cheaper so people can buy a lot of it, more people buy means the potential to rise is bigger, but most of the time people only buy and dump to make profit, so alt coin can give more profit but its more risky, but for long term bitcoin still the best investment, the rising maybe little but it can be a constant rising
hero member
Activity: 1554
Merit: 576
Leading Crypto Sports Betting & Casino Platform
In the current market, other than short bursts of bull trends, Bitcoin is outperforming the altcoins, this is clear due to the increasing bitcoin dominance that has been seen in recent weeks. Until BTC dominance drops down to about 30-35%, then BTC is likely to remain a safer and more profitable bet in the long term, other than a few outlier alt coins.
member
Activity: 252
Merit: 10
in my opinion bitcoin is more reliable. However, if you prefer a brisk trade and a quick profit, the altcoins will do. Because they are more dynamic, you can often find a high amplitude between a dump and a pamp.
member
Activity: 210
Merit: 14
The revolutionary Export system/One-click Export
Risk question. Bitcoin safer than alts, but alts profitable. I prefer trade bitcoin and join ICOs as bounty hunter.
hero member
Activity: 2282
Merit: 505
That is not a good conclusion when it comes to long term hodling. Bitcoin is the most perfect for long term. Although, if you are in for short term profit, i would recommend altcoins, because so many altcoins, except for some few ones, do not last long for more than two years.
When you have gotten your altcoin at the dip and you can try to use it as long-term investment. I have doubled or even tripled my amount in every period through altcoin in fact bitcoin can't give me a huge return like that but bitcoin gives me a lot of guarantee about that. It seems like you don't know how to use it.
newbie
Activity: 43
Merit: 0
As I would see it, on the off chance that we contribute carefully, both Bitcoin and Altcoin are productive. Bitcoin is the ruler of the market, its cost will effortlessly pumped up later on. At introduce, Bitcoin costs are low, on the off chance that we need to make a benefit then this is an open door for us to purchase. For altcoin, we ought to put resources into altcoin in the best 50, and they should have development potential. A portion of the altcoin I am putting resources into are Ethereum, Cardano, IOTA, TRON and NEO.
member
Activity: 364
Merit: 10
Most interesting topic around the crypto market. Now a days most people are busy to think various kind of stuff like which crypto will take over the market or what will happen at the end of this year. I know one thing by surveying market people love to predict and love to take risks in this place. People love to compare coins. They also linked various coins like is this coin depend on that coin or is this coin rate will high is this effect to the others coins. So the thing is altcoin survive without bitcoin? The answer is we can see various changes in market 1st of all if any reason bitcoin will dissipate the altcoin will not only take the market but also make a huge impact in crypto market. Though it will not happen because of the bitcoin and we all know about many things about bitcoin how it changes the crypto market.
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