Topic: Is bitcoin investors more focus than altcoin investors? - page 2. (Read 1798 times)
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.
Hi, I'm a crypto developer doing dapps and blockchain-related software products.
I have found some interesting difference between bitcoin investors and altcoin investors.
It seems like bitcoin holders(like you guys) are more focus when discussing news and crypto-related issues.
Altcoin holders are more...how do I put this....more impatient and cannot focus on any subject for more than 3 days.
What do you think of this phenomenon?
Bitcoin investors are quite different from every other cryptocurrency investors as this set of investors invested their time, understand and belief. While some are just here to make profits going from one crypto coin to the other once the profit is out they go to the next available coin which they hope to get some profit quickly just like that.I have found some interesting difference between bitcoin investors and altcoin investors.
It seems like bitcoin holders(like you guys) are more focus when discussing news and crypto-related issues.
Altcoin holders are more...how do I put this....more impatient and cannot focus on any subject for more than 3 days.
What do you think of this phenomenon?
Some invest based on hype those set of investors usually run at lost because they invest based on what they hear not what they know about that particular coin.
Bitcoin is not just used in the decentralized system but also has real world usage which are the best quality that liquidate any currency, which makes it the KING and the leading coin in the blockchain industry.
If you have observed it, it could be because altcoins refers to more than just one digital coin. Which could be a factor why people do not have so much focus and because bitcoin is the leader or first coin then probably all eyes are set on it. We can always see that when values of bitcoin drops a little, other altcoins follow immediately which means that bitcoin serves as a reference for pricing and on analyzing market movements for cryptocurrency.
Crypto investors always keep abreast of profitable price developments, not focusing on one coin.They buy coins that provide benefits, both short and long term.
When there are those who think investors are more focused on bitcoin, because bitcoin is the first and most famous coin.
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
If you have observed it, it could be because altcoins refers to more than just one digital coin. Which could be a factor why people do not have so much focus and because bitcoin is the leader or first coin then probably all eyes are set on it. We can always see that when values of bitcoin drops a little, other altcoins follow immediately which means that bitcoin serves as a reference for pricing and on analyzing market movements for cryptocurrency.
if calculated, the number of bitcoin investors is far more than altcoin investors.
bitcoin is only single but altcoins have a lot of different types/kinds therfor i believe many people will invest on altcoins .
altcoin is basically very interesting, but the risk of altcoin is much higher.
altcoins are not highly volatile compare to bitcoin therfor they are less risky but you must be careful on choosing them because as i said earlier there were many kinds of alts and some of them are unrated .
investment in bitcoin is much more attractive and now the number of places that accept payments via bitcoin has increased.
theres no difference at all between alts and btc infact alts are more attractive imo because they are cheaper and have a lot of varieties to choose from . however btc might be popular because it is the first and the main stream crypto . soon alts will also be included in major payment systems .
if calculated, the number of bitcoin investors is far more than altcoin investors. this is because there are far more people who believe in bitcoin, altcoin is basically very interesting, but the risk of altcoin is much higher. investment in bitcoin is much more attractive and now the number of places that accept payments via bitcoin has increased. this can be an indicator that bitcoin is developing far better than altcoin.
Bitcoin investors and those who have their bitcoin have much more patience and optimistic spirit thinking in their own way and looking to modernize payment and accessibility to everyone, while Altcoin owners have many things that happen fast and have to quickly respond to what is not patience like at Bitcoin's owner, I think it's a phenomenon that makes us different.
Yes, as Investors, of course you want to get big profits when trading, while success is not for careless people, but only for people who have a good level of focus in analyzing market prices, so that Bitcoin Investors will be more focused and always careful.
Altcoiners have more toys to play with. There are so many to choose from that covers finance, gaming, gambling, encrypted communication, ID verification, and many more. It's hard to focus on one thing when so much choice is available
I think every investors need to fucos. Because crypto investing is involve a large amount of money. If we dont wanted to lose we need to be more fucos anytime. Both coin are amazing and it is really pr9fitable if we are going to have a big patience on it. We als9 need to be more fucos becaus ewe all know that crypto is really unstable kind of investment becaus wits price may change anytime anywhere of the day so we need to monitor on it.
Discussing crypto investments will not reach a point of mutual agreement, because some of them want to focus on technology and other parts want to get instant profits. Investment in bitcoin and altcoin is like speculation that has no end because speculators definitely want prices to go up even though in reality their technology hasn't arrived at the function that many people want. So, in my opinion. if you want to invest in bitcoin it's good and for altcoin it should be used as a short trade.
Bitcoin investment can't be compared with other alt-coin, mostly for a short time investing, therefore bitcoin is number one crypto currency on every exchange platform in crypto industries, secondly investing in alt-coin has a very high risk, because alt-coin can be fall, by price drop for a long time.
Perhaps this is really caused by a greater concentration of events in the world of altcoins. But I think it depends on the investor himself. Very few people invest only in bitcoin, many also have a few other coins. And they are quite cope with a large flow of information about bitcoin and altcoins. Basically, investors in altcoins and investors in bitcoins are the same people.
Altcoins are more prone to fluctuations, events with altcoins occur much faster. And so such investors need to be able to respond quickly to changes and study a large amount of information in a short time. This is how they differ from bitcoin investors.
Bitcoin investors are focused on only one thing. They spend all their energy, time and money on one coin, and bitcoin is more stable than altcoins. Therefore, we are more balanced and concentrated.
I think their attention is just scattered. They have to study many currencies at once, which are constantly changing, have some problems, or even turn out to be fraud. It's quite difficult and I think that's why investors in altcoins are so nervous.
Of course,bitcoin investors are more focus, determined and dogged on bitcoin more than altcoin investors.The reason is crystal and categorically clear.We have seen many altcoins vanish with no one to hold accountable. We have seen many altcoins that were among the top coins for past five years vanish,and no investors will like to see his money liquidated.
Many investors know that bitcoin have been subjected to intense bear market,but at the end of everything bitcoin keeps on waxing stronger.on the other hand bitcoin is paired with many cryptos and that alone gives bitcoin an added advantage.interms of massive adoption, bitcoin have a greater percentage of being accepted by the world and companies compare to other Cryptos.so,there are many reasons bitcoin investors are holding onto bitcoin than altcoins investors.
Many investors know that bitcoin have been subjected to intense bear market,but at the end of everything bitcoin keeps on waxing stronger.on the other hand bitcoin is paired with many cryptos and that alone gives bitcoin an added advantage.interms of massive adoption, bitcoin have a greater percentage of being accepted by the world and companies compare to other Cryptos.so,there are many reasons bitcoin investors are holding onto bitcoin than altcoins investors.
Maybe you're right. But don't forget that Bitcoin is only one, while there are thousands of altcoins. You can't focus on 1 altcoin.
You are almost right, but my question is, here I am discussing about Bitcoin, and I am the same person who discussed in Altcoin Section too! So, You can't dividend between BTC & ETH investors, rather both are the investors of cryptocurrencies! Actually, Bitcoin is the base of the crypto platform and crypto market cap de0ends on the Bitcoin movements! That's why people are more focused on Bitcoin than altcoins!
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