Topic: Investment in Altcoins give more profits than Bitcoin - page 2. (Read 1924 times)
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.
Of course they give more profit because the risks when investing in altcoins are much higher. If bitcoin falls by 5 percent then altcoins could fall by 25 percent. Therefore, buying altcoins you take great risks
In my opinion, if you want to invest, the choice is currently in altcoin, if you do not have substantial capital, then the most appropriate investment in altcoin. if you have big capital, then investing in bitcoin is also very good. In my opinion, the benefits in altcoin and bitcoin are the same.
Yeah altcoin investment is better then Bitcoin. Bitcoin is still the king but when you want to make profit, altcoin is the option to go for. You can buy them in more numbers and a little profit on them can multiply your profit.
There are many coins in this crypto marketplace as days advance there are lots more coins are coming in this marketplace and the goal is simple all they try to reach the position of bitcoin.
There are many strong coins in this marketplace who are trying very hard to gain the position of bitcoin.
Now we are talking about our investment which coins gives us more profit of our precious money. Some people have lots of investment to invest in every strong coins in the market but as a little investor I have to think twice before investing my money, And when the question is about choosing between two coins like bitcoin or altcoin my answer is pure it's without any doubt BITCOIN. There are many reasons behind choosing bitcoin. One of the main reason is its liquidity. The second reason is it's almost accepted by most of the modern countries.SO no doubt the choice is clear its bitcoin
There are many strong coins in this marketplace who are trying very hard to gain the position of bitcoin.
Now we are talking about our investment which coins gives us more profit of our precious money. Some people have lots of investment to invest in every strong coins in the market but as a little investor I have to think twice before investing my money, And when the question is about choosing between two coins like bitcoin or altcoin my answer is pure it's without any doubt BITCOIN. There are many reasons behind choosing bitcoin. One of the main reason is its liquidity. The second reason is it's almost accepted by most of the modern countries.SO no doubt the choice is clear its bitcoin
Which should I invest into bitcoin or altcoin
Big amount of capital I suggest for bitcoin. But low amount of capital then better invest on altcoin. Altcoin is good investment but not all altcoin. Its something special or good altcoin. Such as Ethereum, Ripple, TRX, ADA, EOS and NEO also. Be careful of choosing an altcoin. I agree with you sometimes that altcoins shoot more than bitcoins . But it is always necessary to study the market before investing
Investing in Bitcoin is the safest way to earn money on the cryptocurrency market, but not the most profitable one. If you have chosen altcoin to invest carefully, it can give you a huge profit, but it is more risky at the same time.
Which should I invest into bitcoin or altcoin
Bitcoin is the best one to invest. It depends on your financial stability. You can start with altcoin , when earned much then invest them all to Bitcoin which is more profitable. Altcoin is helpful for anyone who wants to invest at low price. Profit is just good enough when selling them in good timing.
In the bear market, altcoins are more profitable than BTC. Maybe you can wait for that, buy some alts, but right after having enough profit for you I suggest you to go BTC in case of a market crush, since it is much safer than alts.
To make more profits means more risk. Investing in altcoin will earn a lot of money, but the Altcoin always fluctuates under the price of Bitcoin. We should use a safe investment method during this time, which is selling altcoin and investing in Bitcoin.
People have this opinion because the altcoins are relatively cheaper than Bitcoin, hence there has been a general idea that since it is cheaper to invest in, it is also more profitable. I see their point though, but unlike Bitcoin, most of these altcoins end up becoming bad investments, causing you to lose a few earnings or more.
Investments on altcoins provide higher profits than that of the bitcoin, but the goodness with bitcoin is that it provides promised profit which we cannot expect with altcoins. Some altcoins show large price pumps and the same ends in no time. If we miss the opportunity, then it is lost forever. With bitcoin even after large scale fluctuations growth is assured.
Investing in altcoin i think is better because that is what i do, I normally use altcoin to grow my bitcoin because bitcoin price is already high and i can't afford to buy like 1 btc but buying some altcoin and holing when it grows in the price, i will sell to bitcoin
Yes, some coins can bring much more profit, but for this you need to find these coins at the pre-sale stage, the more the market develops the harder it is to find in it the very uncut diamond.
If you look at the ratings of altcoins for three years, it is clear that investing only in them, ignoring bitcoin, is very dangerous. Many of them will not survive their third anniversary. In my opinion, you should always leave a significant part of your savings in Fiat money and bitcoin.
In my opinion alt coins, especially the best of them, have more potential for a fast growth. That is why i prefer to keep money in alt coins.
Yes it does but if you could buy just 1 whole bitcoin you could profit more when bullrun starts than altcoin , altcoin pump only when there is a news and when bitcoin is bullish but when bitcoin a very good chart people will switch there altcoin to bitcoin because bitcoin might go 100% or lets say 40,000$ in just a month than altcoin .
see the value of bitcoin is very fluctuating, if you are observant and can read the movement of bitcoin well, then btc will make you quickly gain profit, unlike altcoin
Hello friend. Thank you for your great question. For me i advise you that you should split your money into many parts, example: 30% for investing BTC, 30% for investing ETH, 40% for investing ICOs. I hope my experience can help you successfully. Good luck
Which should I invest into bitcoin or altcoin
If this is a short-term investment, then you are right. But for investment for a long period Bitcoin will be better. Jump to: