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Topic: Is bitcoin investors more focus than altcoin investors? (Read 1798 times)

newbie
Activity: 14
Merit: 0
It's mainly a curiosity that people want to see how much the other counterfeit coins will increase compared with Bitcoin. How much will it fall? Why? altcoins have risen so much. Should I put in a little? The altcoins has fallen so much. Fortunately, I haven't invested in it and so on.
full member
Activity: 532
Merit: 185
To buy most altcoins you need to hold bitcoins, so it's not easy just to have altcoins. I think most altcoin investors who just hold altcoins on exchanges, will sell there altcoins if they can see profit in there trades.
I think most bitcoins holders who are active traders also trade altcoins, the really big swing trades are done in altcoins.

newbie
Activity: 109
Merit: 0
Don't know. There are actually not so many people who are focused on one coin only. Usually, investors create portfolios consisting of altcoins and bitcoin at the same time.
Perhaps, you've got such an impression, because of the fact, that BTC is considered to be a serious investment and usually people who are interested in crypto, try to follow all the aspects of it and they talk more about bitcoin etc
But it does not mean such people reject altcoins Smiley
member
Activity: 938
Merit: 14
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I don't think there is a set investors who are just Bitcoin centered and another set who are altcoins centered. The market is made up of crypto investors which means a Bitcoin investor may also possess different kinds of coins in their portfolio. Every investor is in for the profit, hence follows every project capable of yielding profit at the end of the day.
jr. member
Activity: 140
Merit: 2
FUTURE OF SECURITY TOKENS
Bitcoin investors are more focus because it has a vision and that's to decentralized the way money is been handle while the only vision most altcoin has is on how to be the next bitcoin. Altcoin are not worth your time because 99% of them will fail in the next 2-5years
hero member
Activity: 2814
Merit: 911
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Some investors like myself are not only based on bitcoin or altcoin alone I combine the two. So if I where to be focused on one I would also focus on the other but statistically bitcoin investors are focused than there altcoin counterpart
I am not sure what you mean by focus between investors  Huh if someone is shelling out their money they will be cautious, the only difference i find is that people who invest in bitcoin knows it is the focal point of the entire market but the alt coin market is wildly speculative and the risk of loosing out is really huge and risk factor is more compared to bitcoin, majority of the alt coins just have big words and promises and nothing fulfills anything but that is not the case with bitcoin and that is the difference i find.
full member
Activity: 479
Merit: 105
You have to see that Bitcoin has a greater number of users and many of them are big investors, so they analyze with more care the market trends or the changes that may occur, on the other hand, the altcoins still do not reach the level of participation high that is expected.
I agree. Bitcoin is most popular and many investors are focus on investing with it than altcoins because its potential is already there where nothing to worry for the success of it. They believe on bitcoin rather than altcoins because more of them never gain success unlike bitcoin that every improvement give it a success.
full member
Activity: 291
Merit: 100
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There are different types of investors. Most of them form portfolio which consists of Bitcoin and altcoins, so they just manage their portfolio. Some of them are hodlers, other try to trade. And it is difficult to say exactly who are more focused... Seems that it depends on personal features of character and the amount of invested funds.
hero member
Activity: 1065
Merit: 510
Bitcoin is very known currency but we cannot tell that investors in Bitcoin is more focus than Altcoins investor's,because every investment has a money involved so all the investor's is focused on the investment they made and every investor's have different strategy how they earn profit of their investment.
full member
Activity: 616
Merit: 100
FRX: Ferocious Alpha
Well I guess they get more familiar and used to bitcoin rather than in any other coin such as Alcoin, they thought bitcoin is much more easy to trade in or more profitable than altcoin and also many investor wants bitcoin rather than altcoin, for they they will have better profit and more larger scope they would have rather than altcoin who need more to develop.
sr. member
Activity: 729
Merit: 250
We see a lot of news about the blockchain that tells about bitcoin, while the stories about Altcoin are just a few that many people can find. In addition, when talking about crypto currencies, most of them will lead to bitcoin instead of seeing others, besides that bitcoin has also been more widely known to many people and they believe that bitcoin is able to provide big profits to them. Maybe that's what causes Bitcoin investors to be more focused than Altcoin investors.
legendary
Activity: 3150
Merit: 1148
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Since Bitcoin is superior to altcoins and has a high market cap, it gets almost all attention. Altcoins mostly have a small group of people who are interested and to get more attention for them is a difficult task. Also, bitcoin investors speds more time on the net.

We only focused on bitcoin if we hold some bitcoin but if not then why focus too much on bitcoin? I think this will just depend on you, base on your holdings and the style of your trading. Some altcoins traders/investors also looking at the price of bitcoin because it can affect the market when its price pumps and dump.
Honestly I am not looking on my altcoins investor frequently, it will just upset me every time as my altcoins investment is going down.
But I never loss my hope because I have seen many times that altcoins drop but it still recovers, I would say thanks to bitcoin as it's the one who always initiate the rise first and then altcoins will just follow.
member
Activity: 322
Merit: 20
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I think this is natural. indeed, bitcoin investors with altcoin investors are different. it is more hard working for bitcoin investors. because until now bitcoin is harder to find than altcoin. so it takes a long process and hard work for bitcoin investors

I agree it is natural. A lot of times the rate of investors only seeking profit is higher for altcoins than with Bitcoin due to the different potentially future uses Bitcoin can bring and also having the highest potential towards mass adoption in the future.

Also getting Bitcoins is not that easy like you said, since no airdrops around now and mining is being pretty tough right now and will only halve in the rate Bitcoins are mined over time.

Also only the main ones will be accepted at first and Bitcoin will always be inside there.
full member
Activity: 742
Merit: 144
Since Bitcoin is superior to altcoins and has a high market cap, it gets almost all attention. Altcoins mostly have a small group of people who are interested and to get more attention for them is a difficult task. Also, bitcoin investors speds more time on the net.

We only focused on bitcoin if we hold some bitcoin but if not then why focus too much on bitcoin? I think this will just depend on you, base on your holdings and the style of your trading. Some altcoins traders/investors also looking at the price of bitcoin because it can affect the market when its price pumps and dump.
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
Bitcoin investors are more focused as the price of bitcoins is higher compared to altcoins and there is good potential for the price of bitcoins to increase 10x times more than the current in a years time whereas that is not the case with altcoins as altcoins are following bitcoins pattern and the price of altcoins is determined by the price of Bitcoins.
Right.Bitcoin investors are full of determination and focus because they know exactly that bitcoin has full of potentials that will give us huge income once the market increases its price again.With altcoin investors,they are more dependent on bitcoins knowing the fact that altcoins are only considered followers of the path of bitcoin.
It is often to know that bitcoin price change will bring the entire market into another phase. It is obvious that more people were on bitcoin side than of altcoins cause of its potentiality and gaining factors.
Altcoins isn't totally a followers to bitcoin as not all of them rises when btc pump, some of them remain at ease cause it only depend on investors choice that lift up any Altcoins in the market.
hero member
Activity: 3052
Merit: 606
Bitcoin investors are more focused as the price of bitcoins is higher compared to altcoins and there is good potential for the price of bitcoins to increase 10x times more than the current in a years time whereas that is not the case with altcoins as altcoins are following bitcoins pattern and the price of altcoins is determined by the price of Bitcoins.
Right.Bitcoin investors are full of determination and focus because they know exactly that bitcoin has full of potentials that will give us huge income once the market increases its price again.With altcoin investors,they are more dependent on bitcoins knowing the fact that altcoins are only considered followers of the path of bitcoin.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
Bitcoin investors are more focused as the price of bitcoins is higher compared to altcoins and there is good potential for the price of bitcoins to increase 10x times more than the current in a years time whereas that is not the case with altcoins as altcoins are following bitcoins pattern and the price of altcoins is determined by the price of Bitcoins.
jr. member
Activity: 196
Merit: 1
I think the focus for bitcoin than altcoin's comes naturally due to bitcoin's demand,popularity and high value because when the commodity becomes more and more valuable and gives a good return on investment investors naturally tends to focus on it than focusing on less beneficial once and that is a major fact why unlike altcoin investors bitcoin holders and enthusiast are very serious when discussing regarding market matters and other related news
jr. member
Activity: 53
Merit: 1
Personally, it seems to me that this is a stereotype. Fanatics are everywhere. It seems to me that focusing on Bitcoin alone is also not entirely rational. I keep both bitcoin and some altcoins. If something goes wrong, I will be ready for it. Those who put everything on one cryptocurrency are at great risk of losing some of the money. Although the likelihood that something goes wrong always remains 50/50
hero member
Activity: 1092
Merit: 501
I don't think there's a line drawn between bitcoin investors and altcoin investors, the people I have seen have all invested in the 2. Though you may be right to say that those who mainly invest in altcoins are impatient because they are usually there to make quick profit unlike bitcoin investors who are in for long term.
There is in fact a line, there are many investors that do not invest in anything but in bitcoin and they see almost every other coin as a coin without any merit and when you see thousands of useless altcoins is difficult to argue with them, so make no mistake there are those that will never touch an altcoin and while they are missing in some great profits they are also missing in many of the losses that many investors got.
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