Topic: Is bitcoin investors more focus than altcoin investors? - page 9. (Read 1814 times)
Most of the alt coin investors are only focus on the profit and not many of them care about the development or adoption, this makes them only think alt coin for short term investment, but for bitcoin most of the people are focusing on long term, so they really care about news and the adoption, bitcoin also is the core of crypto that got important role, so most people really update their knowledge about bitcoin
It all depends really as many Bitcoin holders are altcoin traders and they play with altcoins to increase their miltipliers and grow their Bitcoin stash. I do agree to some extent that those who only play with altcoins have a tendency to be impatient but it is also this younger generation that feels entitled in many ways and have bigger expectations than say our generation had when we were young. Now many people want fast money and Lambos without putting in the work and effort like say we were told to do when we were in our prime.
They can't take it if they see their altcoin portfolio falling.
Bitcoin investors are more experienced and patient than the altcoin holders. And day trading usually happens to the altcoins though there are more with bitcoin with its daily volume but its more applicable to the altcoin investors.
Bitcoin investors are more experienced and patient than the altcoin holders. And day trading usually happens to the altcoins though there are more with bitcoin with its daily volume but its more applicable to the altcoin investors.
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?
Maybe because altcoin investor sometimes, even not all, only want to hit and run. It is humane, of course investor wouldn't think about any else if not profit and join other project, and take profit again. 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?
Timing also has some influence on the behavior of some Alt coin investors. The thought about this is the time when you entered the Bitcoin scene. The early investors is in no rush to make massive profits, because they already made some good profits with the last ATH in 2017, so you will find that they will dabble in Alt coins, but not aggressively like some new Crypto currency investors.
The majority of the new Crypto currency investors are all over the place, because they also want to cash in on a ATH and that is why they are scrambling all over the place, to find the next "Bitcoin" in all the 1000's of Alt coins.
The majority of the new Crypto currency investors are all over the place, because they also want to cash in on a ATH and that is why they are scrambling all over the place, to find the next "Bitcoin" in all the 1000's of Alt coins.
it all comes down to the main purpose of each of these cryptocurrencies.
bitcoin's main purpose has always been to become a decentralized payment system that doesn't require any middleman, in short a currency. and people (even those who invest in it only) will eventually see that true purpose and want that too on top of the profit they are making.
but the main purpose of majority of altcoins, specifically the ICO tokens, have been profit making. so everyone who gets involved with them will eventually only focus and care about making profit. as a result all the discussions will also be focused on making profit.
for example you can visit altcoin board and even search about altcoins. you rarely find anything technical about any of them and the discussions are never about anything but price. but searching about bitcoin you can always find hundreds of topics, discussions, videos, wiki pages,... dedicated to technical discussions.
bitcoin's main purpose has always been to become a decentralized payment system that doesn't require any middleman, in short a currency. and people (even those who invest in it only) will eventually see that true purpose and want that too on top of the profit they are making.
but the main purpose of majority of altcoins, specifically the ICO tokens, have been profit making. so everyone who gets involved with them will eventually only focus and care about making profit. as a result all the discussions will also be focused on making profit.
for example you can visit altcoin board and even search about altcoins. you rarely find anything technical about any of them and the discussions are never about anything but price. but searching about bitcoin you can always find hundreds of topics, discussions, videos, wiki pages,... dedicated to technical discussions.
Of cause the holders of bitcoin are more of the focus than dose of cryptocurrency investors because the market of crytocurrency is very weak the dip in the crypto market gets investors panic
yes, because they (altcoins) know very well that altcoins are only supporting coins that have a period of popularity not like bitcoin.
most people who talk about bitcoin are very serious and very enthusiastic because bitcoin has a good future that differs from 180 ° to altcoin.
in my opinion, cryptocurrency investors will choose to take advantage of opportunities that will get these investors to gain profits and what cryptocurrency investors might be able to survive with just one coin most people who talk about bitcoin are very serious and very enthusiastic because bitcoin has a good future that differs from 180 ° to altcoin.
It is true that bitcoin investors want more than the altcoins because they are considering the price but dont forget that altcoins investor are wise investors. Bitcoin is only a base currency for most altcoins including ethereum. Altcoins have more potentials than bitcoin because it will continue to grow but altcoins growth will be more sporadic than bitcoin.
yes, because they (altcoins) know very well that altcoins are only supporting coins that have a period of popularity not like bitcoin.
most people who talk about bitcoin are very serious and very enthusiastic because bitcoin has a good future that differs from 180 ° to altcoin.
most people who talk about bitcoin are very serious and very enthusiastic because bitcoin has a good future that differs from 180 ° to altcoin.
It seems like bitcoin holders(like you guys) are more focus when discussing news and crypto-related issues.
This is because most of the people who invest in bitcoin have noticed that the price increases when there is good news, that is why people pay a lot of attention in the news or, rather, people pay attention in the news channels.
Altcoin holders are more...how do I put this....more impatient and cannot focus on any subject for more than 3 days.
Altcoins has "owners", people who hold lots of coins and who decide the direction the project is going to take and as if that is not enough altcoins have many investors who have invested in the project and expect a profit, they demand immediate results and when no immediate results are given, investors leave the boat, see cases like LISK, Siacoin and STRATIS
What do you think of this phenomenon?
The key words are: profits and investments
Most of the altcoin investors are bitcoin investors too they invested on altcoins when they want to make some short term profits then they will invest their profits ampunt into bitcoin again to make the long term profits.There are differecnce between bitcoin and altcoin investors such as most of the altcoin investors were invested on that for trading purpose but there are some bitcoin investors who really want to spent their bitcoin.
The thing is, most(definitely not all) of the altcoin investors are investing in certain coins because they're looking for the sort of "next big thing", hoping for some altcoins to reach the same price as bitcoin, even with coins like XRP without taking into consideration the huge circulating supply.
Bitcoin holders though? It's either one of two things.
Whether or not you think investing in altcoins is stupid or not, there are definitely good traders out there making huge gains on short-term investing on altcoins.
Bitcoin holders though? It's either one of two things.
- 1. The holder is a realistic person and invested in pretty much the safest "investment" in the cryptocurrency space: bitcoin. Why? Simply because the other coins and tokens are no where near bitcoin in terms of security and adoption. Yes, not on speed. But honestly speed isn't the most important thing, especially compared to security and decentralization.
- 2. The holder simply doesn't know that other cryptocurrencies exist.
Whether or not you think investing in altcoins is stupid or not, there are definitely good traders out there making huge gains on short-term investing on altcoins.
Anyone investing funds in a project should be profit oriented, this includes regular research ant staying updated, technical and foundamental analysis.
Those (bitcoin and altcoin investors) who are not focused on the factors are likely going to lose out.
Those (bitcoin and altcoin investors) who are not focused on the factors are likely going to lose out.
I too would sure focus in bitcoin than with Altcoins, Because you can be sure with bitcoin that is the first Cryptocurrency ever make to really make it big and even if you had traded with it in a longer-term you can be really sure that your investment will increase after a lot of years to past, I really don't doubt bitcoin and I would exchange all of my Altcoins for bitcoin that is for sure to really enhance even further the value of bitcoin, And to strengthen its potential.
Bitcoin investors are more about the acceptance and regulations into modern financial and real world use. Most altcoin investors are looking for the next big thing and are under the assumption that Bitcoin can be dethroned by any random altcoin.
Yes you are right in here. Maximum altcoin holders or traders look to BTC price and its characteristics also. They think that if BTC price up, alt price also will up. But last 6 months we see its opposite direction in market. BTC trades has not alternative options that they can depend on. They directly think for invest .
I think this can be said to he because of price values, difference and market dominance. As a Bitcoin holder, you know your asset controls the whole market to a high percentage. So you will want to keep an eye on it and follow every news and price movement. Altcoins holders are only waiting for massive price increase most times. So most people just buy and set a sell order base on the price range they feel it might reach.
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.
Because crypto related news will also have an impact on the price of bitcoin, in this case, because bitcoin is one of the major pairs of all cryptocurrencies.
because basically between altcoins and bitcoin is a correlation that cannot be separated.
But in essence, most investors in bitcoin believe that bitcoin will have a good future and will still be able to continue to grow.
because basically between altcoins and bitcoin is a correlation that cannot be separated.
But in essence, most investors in bitcoin believe that bitcoin will have a good future and will still be able to continue to grow.
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?
This is a pretty interesting phenomenon. Because Bitcoin has only one platform and has not been upgraded for years, it does provide a sense of security and investors only want to discuss its price. The altcoins always change quarter by quarter and that has created a special color in this forum. 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?
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