Stop chasing the "next" bitcoin - page 6.

FauxHammer

newbie

Activity: 29

Merit: 1

It's true, altcoins are the best example of projects that are chasing bitcoin, due to the gainings it can offer. It's not something dire, don't get me wrong, I think it's even better for our economy to see such many altcoins out here, even though many of them are falling right now. I like projects that are trying to handle current situation like event hough there are tough times now for many altcoins. For example, one of my favourites altocins is FuturoCoin due it's fantastic community, and recently they changed their sourcecode and masternodes system, hoping for the best.

Quote from: goaldigger on May 08, 2019, 09:43:56 AM

Bitcoin itself is really profitable even without the help of other altcoins but its better if you have both as investments. I guess people are just experimenting and take chances if they put all of their money in altcoins. Thats what trading is all about anyway.

I cannot disagree with that, it's true that cryptocurrency can change lives of human financial conditions, but there is always a risk though.

goaldigger

sr. member

Activity: 2422

Merit: 357

Bitcoin itself is really profitable even without the help of other altcoins but its better if you have both as investments. I guess people are just experimenting and take chances if they put all of their money in altcoins. Thats what trading is all about anyway.

mrdeposit

hero member

Activity: 1358

Merit: 509

Perhaps, crypto influencers should rethink about their hardly shilled altcoin bags. Bitcoin investors are happy with their investment portfolios taking int consideration the growing rate over the years compared to the other financial markets.

_Django05_

sr. member

Activity: 403

Merit: 257

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

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.

There is only one Bitcoin and there will be no next. Yes it is not bad to invest on some altcoins but thhe majority of investment should be in bitcoin. We all know that altcoin fluctuations mostly ride wih bitcoin.

lienfaye

hero member

Activity: 3010

Merit: 629

We cant coerce other investors to stop looking for other coins because its their strategy to find the right one to gain huge profit.

Its just that they dont realize the fact that bitcoin itself is good enough to earn when the bull run occur.

Greed is the root why we are taking risk even without assurance on our investment, but those users who are investing easily and dont even think are likely the ones to experience losses.

pushups44

sr. member

Activity: 854

Merit: 281

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, this is a great meme. Of the several phases of investors, from newbie to experienced, this is somewhere near the beginning - we all want the next bitcoin if we missed out on the early days of it. I think there are good alts out there, but there's only one bitcoin. And no - the forks don't count.

Arbat33

newbie

Activity: 15

Merit: 0

I agree, but it is difficult to change opinion among people when BTC became so friendly, popular and profitable. They will be constantly looking for some similar cost-effective crypto, there are plenty of others coins which are good too but users will compare them to BTC anyways...

Mpamaegbu

legendary

Activity: 2716

Merit: 1225

Once a man, twice a child!

There is a reason other cryptos are tagged "altcoins" (alternative coins) while Bitcoin isn't yoked together with them. It's simply because Bitcoin is on a class of its own. There won't be another Bitcoin. A worst case scenero is that we get another coin getting a higher price than Bitcoin but that still won't make it Bitcoin. Bitcoin is a phenomenal and a pathfinder, not an imitation of any coin.

luckydevelop

member

Activity: 61

Merit: 10

I've been hearing talk about a new Facebook or a new Google for 10 years already. Nothing changes, and thousands of projects have long since died.

millgates

sr. member

Activity: 714

Merit: 250

Your suggestion is good but you can not push otherselves to not invest most of their fund in altcoin.actually I agree that there is no cryptocurrency that better than bitcoin, honestly I also ever invest more than 90% of my fund in a token but fortunately the token price has gone up then I sold all of that token for btc. I think invest in token for long term is risky but it is okay for short term investment. I always convert all of my token to btc so I always safe.

nutella_11

jr. member

Activity: 175

Merit: 1

Quote from: AntoCokbun on May 07, 2019, 02:42:22 PM

Here I see many people think that investing in bitcoin is the best thing, but what about the other altcoins? like Ethereum ripple etc.

I see a lot of the potential that coin coins have and provide big profit opportunities, moreover they have gained high trust from investors.

Yeah, for instance, I've been tracking FuturoCoin since december 2018 and I think this is the potential crypto which has a chance to be significant. I agree with your opinion, I think there are a lot of altcoins, which can grow this times, not only the most important ones like Bitcoin, Ethereum or XRP etc.

Alpha0One1

full member

Activity: 588

Merit: 107

There is no "the next bitcoin" at this time.

What people currently seek is the "next best altcoin" like eth, dash, litecoin, etc.

a new crypto project that has the potential to be one of the top 10 coin or token.

I think the next big project that will be the next best altcoin are those with the best use cases to integrate the business side of things.
We already have enough platform coins (working and being developed) and these platforms are underutilized. True that we can't compete yet with transaction per second of Visa and Mastercard, but the business integration must happen for the blockchain and cryptocurrencies as a whole to be more widely adopted.

Remember, cryptocurrency is just one of the best application of blockchain technology.

richminded

sr. member

Activity: 798

Merit: 268

Quote from: Adriano2010 on May 07, 2019, 02:48:19 PM

You are right OP, bitcoin is bitcoin and will remain always bitcoin, even if someone will claim that a new coin is bitcoin never trust them and hold your bitcoin because can't be replaced.

They can’t just replace bitcoin easily, bitcoin is the real bitcoin there will be no new bitcoin even if its the hard fork. If they claim there will be a new bitcoin and a better one, 100% its a scam so leave that market as much as possible. My trust will remain with bitcoin created by Satoshi.

Rahman11

sr. member

Activity: 1428

Merit: 250

I think everybody aware about this, no one doing not buy and hold just bitcoin they are also hold others alt coins! no one can doing guess which alt can growing fast and run to highest value in near future, so you can buy and hold some of alt coins beside of bitcoin! I also prefer well rising alt coins and I love to buy and hold different alt coins and cryptocurrency beside some of bitcoins.

Hypnosis00

sr. member

Activity: 2436

Merit: 343

We have already bitcoin and nothing to chase anymore. We are not looking for another one but we look for another better price than today.
Bitcoin shows already how it turns crypto market different and it came into the point that it has a tragic down making people worry about its end. But they are wrong and Bitcoin will survive and remain as the best coin in crypto market.

MakeMoneyBtc

full member

Activity: 1092

Merit: 117

Quote from: Samuel4 on May 07, 2019, 04:58:52 PM

It's really hard to understand the kind of cryptos to invest on as a beginner in this space.i bought virtually every coins that I was introduced to. Unfortunately the same person that introduced me to crypto currencies sold all this shit coins for me. Encouraging me to hodl till $1 or more to make profit. I'm still hodling and counting. Lol

The same thing happened to me in the past. Someone recommended me to buy a coin because its price is going to skyrocket during that year. So I bought some of that and waited. When times got tough he sold all his coins but recommended me to hodl it because there is no worry and the price will be up again soon. Unfortunately that didn't happened. Never listen to anyone without making your own research.

Kelvinid

sr. member

Activity: 2828

Merit: 344

win lambo...

Quote from: Samuel4 on May 07, 2019, 04:58:52 PM

It's really hard to understand the kind of cryptos to invest on as a beginner in this space.i bought virtually every coins that I was introduced to. Unfortunately the same person that introduced me to crypto currencies sold all this shit coins for me. Encouraging me to hodl till $1 or more to make profit. I'm still hodling and counting. Lol

You are just fooled by someone? Pretty bad experience dude, hope it will give you a lesson for not giving a trust to anyone that you've just talk unless this person is a reputable member in this forum.
This is very important why we should have to do a research before investing. As per advice of many, better to invest with bitcoin rather than to loss our money in altcoins.

DreamStage

sr. member

Activity: 625

Merit: 258

You should also focus on the concerning matter of how much an alt coin is popular and how much marketcap it provides to it's users.
You can still be thinking on investing into some alts which you consider having potential.
Nonetheless i know that Bitcoin only is the one "true" coin that will keep itself in a good steady value. Since it's the largest cryptocurrency being used for real life situations and not any other cryptocurrency.

Samuel4

jr. member

Activity: 331

Merit: 1

It's really hard to understand the kind of cryptos to invest on as a beginner in this space.i bought virtually every coins that I was introduced to. Unfortunately the same person that introduced me to crypto currencies sold all this shit coins for me. Encouraging me to hodl till $1 or more to make profit. I'm still hodling and counting. Lol

Vaculin

hero member

Activity: 2940

Merit: 613

Winding down.

Quote from: Adriano2010 on May 07, 2019, 02:48:19 PM

You are right OP, bitcoin is bitcoin and will remain always bitcoin, even if someone will claim that a new coin is bitcoin never trust them and hold your bitcoin because can't be replaced.

There is only one bitcoin so don't keep on chasing for the next bitcoin. But keeping a large amount of bitcoins in your portfolio is still a good idea than choosing over altcoins which in the end have no definite values. There are a lot of altcoins today that have only ended as shitcoins so better make a wide research first before investing into such coins.

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