Stop chasing the "next" bitcoin - page 4.

ameliana

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Quote from: Apes on May 13, 2019, 07:21:32 AM

bitcoin at the top of the cryptocurrency ecosystem, ideally prioritize investing in bitcoin is compared to other coins. this has been said by many who say investing in alt is just wasting time giving no significant profit impact. many say ETH is the next bitcoin but in fact until now ETH has always been far behind. if you want to invest on alt don't expect to much.

absolutely right, here there are a lot of people who say if there will be a Bitcoin next but in fact Bitcoin still continues to peak and there hasn't been any coins approaching it.
because altcoin will always be under Bitcoin.

Apes

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bitcoin at the top of the cryptocurrency ecosystem, ideally prioritize investing in bitcoin is compared to other coins. this has been said by many who say investing in alt is just wasting time giving no significant profit impact. many say ETH is the next bitcoin but in fact until now ETH has always been far behind. if you want to invest on alt don't expect to much.

shesheboy

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Quote from: BeManga on May 13, 2019, 01:29:57 AM

Quote from: Baofeng on May 03, 2019, 10:31:32 AM

Lol, this is so true. I urge everyone to really put the majority of your investments on bitcoin to avoid getting REKT in the future. Well, you can still invest on some altcoin but at least the your portfolio should be like more than half on bitcoin, just saying.

i also agree with it .. its not bad to hold some altcoin
but it much better to hold only a small percentage and the rest to bitcoin
altcoin this day have much higher risk

altcoins today are still the same as what they are before , the only difference is the price . altcoins are infact less riskier than bitcoin because alts are more cheaper and more stable . just make sure that you chose those alts that are on the top list because they are more legit than the unrated ones .

it isnt bad to prioritize altcoins , infact alot of trader and investor are foccusing thier portfolio mainly on alts .

ashfer

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It is true that lot of newbies are running behind new cryptos as they have no idea on what and where to make the investment some even think that it will have alike value just like the Bitcoin all i have to say to them is that you can relay only on bitcoins rather than running behind the new cryptos as it might take ages for its value to come as you all know that Rome was not build in a day like wise it will take time for the market value to go high.Some investors even end up on losses as they are not aware of the market trend as we already know that this is an unregulated market and the price will never remain the same and it has been a big loss for the once who invested when the value hit 20K but it doesn't mean the value will never hit that rate again but they will have to patiently wait up for them to reap the profit.As of me i would wait like a bear for the price to go down so that i can invest when its on the lowest value and that is what i have done .Its always better to study the market first before making any kind of investment.

pragna

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Quote from: Baofeng on May 03, 2019, 10:31:32 AM

Lol, this is so true. I urge everyone to really put the majority of your investments on bitcoin to avoid getting REKT in the future. Well, you can still invest on some altcoin but at least the your portfolio should be like more than half on bitcoin, just saying.

Yes, for investment portfolio must be well and good. If you invest limited you can hope to back limited. So you should trade with vast number of portfolio and also have to be technical in trading. You also have to own research with investment otherwise you will go back and nobody can give you ladder.
Best of luck.

BeManga

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Quote from: Baofeng on May 03, 2019, 10:31:32 AM

Lol, this is so true. I urge everyone to really put the majority of your investments on bitcoin to avoid getting REKT in the future. Well, you can still invest on some altcoin but at least the your portfolio should be like more than half on bitcoin, just saying.

i also agree with it .. its not bad to hold some altcoin
but it much better to hold only a small percentage and the rest to bitcoin
altcoin this day have much higher risk

gabbie2010

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Quote from: mace15 on May 12, 2019, 10:12:19 AM

Quote from: Eraldo Coil on May 12, 2019, 09:48:59 AM

I know it's tempting but there is no such thing as next bitcoin and if there will be any, it will still take a lot of time. I get irritated when someone posts or talks about Eth or any other altcoin being the next bitcoin even though everything they say does not even make any sense.

Those who are new comers in crypto attempt to invest and even believe their is the next bitcoin. They just suddenly attracted to those advertisement in crypto. Bitcoin is still the top coin and no one can replace it.

More so many newbies falls easily to media hype of those shut cryptos believing that it will pump x100 within a shortest period not knowing that majorities of those cryptos pumping is subject to state of the price of bitcoin if it pumps many will pump too.
Bitcoin is a long term investment a newbie I introduced bitcoin to in December had already profited from his investment this a wake up call to newbies to stick to bitcoin now.

maldini

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Quote from: BrewMaster on May 03, 2019, 10:41:40 AM

most of them aren't really at fault. they are just poor newcomers who entered a big market and were suddenly bombarded by a huge wave of advertisement which were promising them riches beyond their wildest dreams so they ended up buying a ton of useless tokens which have been continuously losing value

That's right, therefore the newcomers must learn about crypto to those who are experienced. Most of them are reluctant to learn, they are only tempted by the lure of "get rich quickly" but it is only a dream without experience. Especially after yesterday's 2018, a lot of ushered in useless shitcoin.

zee11225

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Quote from: sngwinner on May 09, 2019, 10:21:04 AM

Definitely, there wouldn't be a second btc but that does not mean no coin can be ery successful. For me, I would always want to give good projects the benefits of the doubt. We have seen some growing very well and many getting millions of dollars from them. However, to expect that any new coin will be moure success or even as successful as btc is an erroneous

New coins always appear, but being the second bitcoin in my opinion will never exist, because to reach the price of thousands of US dollars for 1 coin is something that is very difficult. Most new coins cost tens or hundreds of US dollars.
Bitcoin is now leading success in 2017, where the most expensive prices reach almost USD 20,000. Today the price of bitcoin has reached USD 7,550 and is still increasing so that trade is getting busier because bitcoin owners continue to make purchases that lead to continued price increases.

Yaunfitda

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Quote from: naufals4 on May 12, 2019, 06:06:05 PM

Quote from: Baofeng on May 03, 2019, 10:31:32 AM

Lol, this is so true. I urge everyone to really put the majority of your investments on bitcoin to avoid getting REKT in the future. Well, you can still invest on some altcoin but at least the your portfolio should be like more than half on bitcoin, just saying.

yeah most of the new comer that interested in bitcoin trying to invest by buying bitcoin. but sometimes they are immediately disappointed because they don't get a decent profit, or they feel anxious when they see the bitcoin price drop and end up being a selling panic. they should hold on bitcoin because in the future bitcoin has a bright future

Although bitcoin ecosystem is still very young, but it was proven in the past that investing on them is a good choice. Of course there is risk, but so as in the altcoin market. That's why newbie investors gets rekt bigtime. Trying to look for the next bitcoin, unfortunately, they just wasted their time and money trying to look for it.

Getting a decent profit doesn't work overnight, and bitcoin is not a get rich quick scheme.

naufals4

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Quote from: Baofeng on May 03, 2019, 10:31:32 AM

Lol, this is so true. I urge everyone to really put the majority of your investments on bitcoin to avoid getting REKT in the future. Well, you can still invest on some altcoin but at least the your portfolio should be like more than half on bitcoin, just saying.

yeah most of the new comer that interested in bitcoin trying to invest by buying bitcoin. but sometimes they are immediately disappointed because they don't get a decent profit, or they feel anxious when they see the bitcoin price drop and end up being a selling panic. they should hold on bitcoin because in the future bitcoin has a bright future

xWolfx

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Donating 10% to charity

I think that the fantasy of people looking for a class of underdog cryptocurrency who made them rich is no more than that a "fantasy" and like you said the best way to avoid get rekt is investing in BTC.

exchangestolemycoins

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+1, I was just looking through my exchange accs and was appalled at how many altcoins I bought up because they were so cheap (but also kind of interesting). 90% of them bit the dust, and I maybe profited on a handful of them. Wish I had just stuck with my BTC, Monero, and Darkcoin.

MFahad

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Quote from: Jeborn on May 09, 2019, 09:15:40 AM

Hahaha chasing the next bitcoin is what got me Rekt in my first investments in cryptocurrencies. Now I believe even before the next bitcoin can have a chance to make me profit on investment. Bitcoin would have made me enough already. My new portfolio is 70% bitcoin at any point in time now because nothing compares to Bitcoin

I also have great hope with bitcoin, the next bitcoin time, now in without 2 or 3 days bitcoin reached at $6849, it meant in next week bitcoin definitely grew more than it. So it is time of bitcoin and we are already in lane of bitcoin investment. So we should be ready to earn profit from it.

mace15

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Quote from: Eraldo Coil on May 12, 2019, 09:48:59 AM

I know it's tempting but there is no such thing as next bitcoin and if there will be any, it will still take a lot of time. I get irritated when someone posts or talks about Eth or any other altcoin being the next bitcoin even though everything they say does not even make any sense.

Those who are new comers in crypto attempt to invest and even believe their is the next bitcoin. They just suddenly attracted to those advertisement in crypto. Bitcoin is still the top coin and no one can replace it.

Eraldo Coil

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I know it's tempting but there is no such thing as next bitcoin and if there will be any, it will still take a lot of time. I get irritated when someone posts or talks about Eth or any other altcoin being the next bitcoin even though everything they say does not even make any sense.

kaya11

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Quote from: BrewMaster on May 03, 2019, 10:41:40 AM

most of them aren't really at fault. they are just poor newcomers who entered a big market and were suddenly bombarded by a huge wave of advertisement which were promising them riches beyond their wildest dreams so they ended up buying a ton of useless tokens which have been continuously losing value

But thanks to those advertisements and other promotions they are able to know slightly what Bitcoin is, how the market works, and gain experiences in crypto currencies for them to fit in the long run throughout the years. Really if it weren't for those things that urge them to by other alts, the last bull couldn't make it to BTC's last ATH, at the last moment they managed to sell their tokens or either exchange it for Bitcoin resulting in them studying in order for them to have a sturdy comeback.

Juggy777

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Quote from: waynechong1995 on May 12, 2019, 04:36:41 AM

Its really tempting of course, most of the people are happy with greens and just lose their mind when the market is bearing or bulling, greed corrupts and influences market actions greatly and if you want to be winner in crypto. Give yourself some time to actually understand whats really going with the market and take actions based on your knowledge, people are anticipating a great recovery but it doesnt make sense in such a short timeframe

These days all alts coin companies spend heavily on brand marketing, they use words that influence the buyer to buy their coins. As a buyer one should only invest in bitcoins as no other coin can ever match the returns given by bitcoins. One of the reasons I feel people end up investing in alts is due to lack of research done on their part, they simply fall for clickbait marketing and end up with worthless coins.

yoseph

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As long as Bitcoin is the pioneer in cryptocurrencies, it would be very hard for any crypto to dethrone, though many altcoins claim to bring new technologies, they are all mostly modelled after the blockchain tech. It would therefore be wise if one just invest into Bitcoins instead of wannabe which will definitely not reach it so called "potential".

Fu2013

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For me, a beginner entering a wide market is one thing that is good for them, I think that is a good thing, because I am quite sure that very large numbers of people actually learn about money, investment, and information security by learning about the crypto market. because Bitcoin is the future and there is no one else and why I accumulate more Bitcoin than altcoin in my portfolio.

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