What coin will be bought by new people? - page 3.

isaac_clarke22

sr. member

Activity: 1610

Merit: 264

Quote from: Billo_ on March 26, 2021, 09:16:36 PM

~

For a prediction, which one new people will buy more, we can only guess.
What is your opinion, which one will bring uns more profits? Altcoins or Bitcoin?

Simple. Quick profits: Alts
Longer-term profits: Bitcoin.
To be conclusive, it depends on the goal of each investor. Some particularly just doesn't want to wait to get their earnings, that's why they tend to go with alts. One factor that surrounds them will be mostly scams, like of course.

coinswebid

sr. member

Activity: 1092

Merit: 250

Quote from: Billo_ on March 26, 2021, 09:16:36 PM

For a prediction, which one new people will buy more, we can only guess.
What is your opinion, which one will bring uns more profits? Altcoins or Bitcoin?

for now maybe altcoins will bring more profit rather than bitcoin my friend
because if we can choose the right altcoins we can gain our capital more than x5,
but its hard for bitcoin to gain more than x2 from the current price, right ?

Coyster

legendary

Activity: 2184

Merit: 1302

Quote from: Billo_ on March 26, 2021, 09:16:36 PM

For a prediction, which one new people will buy more, we can only guess.
What is your opinion, which one will bring uns more profits? Altcoins or Bitcoin?

Newcomers in crypto are more often than not exposed to quick/fast profits in Altcoin, but majority of them forget that many of the altcoins in the network are pump and dump/shitcoins, thus it should not be which coins newcomers will buy more, but the coin that they ought to buy, and imo, Bitcoin is the better choice for a newcomer in cryptocurrencies, then as time goes on, one could buy maybe one or two other alts to add to their portfolio.

Having said that, my point exactly is that a newcomer should not immediately start looking for the coin(s) that'll bring the most profit, but should choose the most sustainable coin for the long term profits, Bitcoin is a hedge against fiat currency, it's users have freedom and control, with the influx of institutional investors, it's also heading to mainstream adoption; and in the long run will provide more profits than most altcoins that'll prolly fall short in the long term.

xZork

hero member

Activity: 1249

Merit: 506

Quote from: Billo_ on March 26, 2021, 09:16:36 PM

What is your opinion, which one will bring uns more profits? Altcoins or Bitcoin?

Of course, investing in a good altcoin in the first place can give you greater returns than investing in Bitcoin.
It is difficult for bitcoin to be twice as profitable, but there are many altcoins that are 5x or 10x more profitable overnight.

ahoenk

hero member

Activity: 1246

Merit: 502

Usually new comer will buy bitcoin ( if the new comer is rich guy ), and another coin which new comer buying is speculation or even ponzi coin. They are does not have any knowledge about what crypto is. Thats why moat of them fall in to scam project.

paxmao

legendary

Activity: 2366

Merit: 1624

Do not die for Putin

Anything on the BSC has now plenty of appeal. Ethereum may die and loose many projects due to its slowness, a sin in the technoworld. The incumbents such as Cardano and BSC are now profiting of a great number of projects so these are possibly going to make the bulk of the investment of the "new people" who have not lived the 2017 hype and fall.

kak uli

full member

Activity: 1246

Merit: 103

most of what I see many new traders buy coins that are going up in price, they hope to benefit from the current price. pay attention, new traders who don't have an understanding of trading, of course, what they think is profit, profit and profit, so most of them buy coins at high prices.

acdc

sr. member

Activity: 939

Merit: 256

In the crypto market, profit always comes with risks. If you buy Bicoin the risk is low and the return is low, if you buy altcoin you will most likely get a big return but the risk is also very large on your investment.

bitgolden

legendary

Activity: 2996

Merit: 1132

Leading Crypto Sports Betting & Casino Platform

Quote from: maxreish on March 27, 2021, 09:02:03 AM

It all depends on what level of risk management does the newbie wanted to jump in and also depends on their funds, too.

Usually, they wanted to try bitcoin as it is the first cryptocurrency that gain good reputation and perform well from the past until now when it comes to the price development. I believe new people do researches about good potential altcoins that they want to buy, too as the hype for cryptocurency coins are already circulating.

Interestingly all the newbies I have faced ended up buying stuff that wasn't bitcoin inside the week they get in. They see that bitcoin went up a lot already and they think they have missed their chances, they see that some other coins made like 500% return in a month, and they come to conclusion that they should probably invest into something that is like that.

So, they end up buying weird coins that I have never heard of, and never invested before. Do not get me wrong I have been here for around 8 years now, I learned what "pi" coin is and what "holo" coin is and what "chilliz" is all from people who have been around less than 2 months. Which is why I think it is quite obvious that I do not care about low level coins and that is why I end up investing into high level coins but do that at the right times and make more money than those people anyway.

Gozie51

hero member

Activity: 2660

Merit: 630

Vave.com - Crypto Casino

Quote from: meldrio1 on March 27, 2021, 02:34:19 AM

I guess mostly newbies will buy bitcoin because of course bitcoin is a popular cryptocurrency but if they buying altcoins then I guess those were shit coins you know because many new coins popping in advertisements and promised that they can make more money if they invested it, that is so risky if they do not research the project.

Some altcoins are really pumping now and they look good for use. Altcoins like curio is doing great and could be good for investment. Curio has been good after it went to exchange but a little quiet. It started doing well after the team kept improving the coin, I knew when it was around 0.30$ but now currently hitting $5 and resting at $4+. It is likely to continue the good run, it has very low supply too.

20kevin20

legendary

Activity: 1134

Merit: 1598

Well, it's a matter of multiple factors. For example, coins that are advertised and spoken more about make it more probable for others to invest in them or at least look them up first. But then it depends.. for example, I find some stuff much harder to comprehend for one coin compared to another. For example, ETH's fees are way harder to understand than BTC's. From this point of view, Bitcoin might be under advantage. It all depends on what newbies are looking for, and it seems right now that decentralization and security are a lower priority for them than price and hype is. As long as it's easy to use and has potential or is hyped well enough, it's a green light for them.

Cadaver20

sr. member

Activity: 1582

Merit: 264

Next Generation Web3 Casino

Quote from: Billo_ on March 26, 2021, 09:16:36 PM

For a prediction, which one new people will buy more, we can only guess.
What is your opinion, which one will bring us more profits? Altcoins or Bitcoin?

I think it is possible to get good profit from both Bitcoin and Altcoins. Because when the price of Bitcoin goes up, the price of almost all the top Altcoin goes up. Excluding bitcoin doesn't just increase the price of altcoins. So I think investing in Bitcoin is more profitable and less risky.

maxreish

sr. member

Activity: 1330

Merit: 326

It all depends on what level of risk management does the newbie wanted to jump in and also depends on their funds, too.

Usually, they wanted to try bitcoin as it is the first cryptocurrency that gain good reputation and perform well from the past until now when it comes to the price development. I believe new people do researches about good potential altcoins that they want to buy, too as the hype for cryptocurency coins are already circulating.

iTradeChips

hero member

Activity: 1792

Merit: 536

Leading Crypto Sports Betting & Casino Platform

I think that there are crypto investors that earn very much with altcoins if you compare their performance with Bitcoin. Because of the cheap price versus the Bitcoin and also the hope it gives many people who thinks it is late to enter in Bitcoin and can no longer buy Bitcoins. I think the alts give you lots of chances to earn when you treat your investment very seriously and you have done something like a home work to know more about the coins.

Cling18

full member

Activity: 1708

Merit: 126

Quote from: Billo_ on March 26, 2021, 09:16:36 PM

It's always a question of speculation if we buy Bitcoin or if we buy Altcoin.
For a profitable buy, we need to know what new people will buy.

Bitcoin is already well known but also trusted. Not many new people will discover it but people will buy more constantly because it's trusted.
Altcoins are not very well known (except Ethereum) but also not very trusted. Many new people will discover it but will be hesistant to buy because it's not very trusted.

For a prediction, which one new people will buy more, we can only guess.
What is your opinion, which one will bring uns more profits? Altcoins or Bitcoin?

Based on my experience, I could say that altcoin is more profitable than Bitcoin but for new investors, it's advisable to choose Bitcoin first. As beginners, it's important to do a series of research first before choosing a potential and trusted altcoin. It will take a long run since we still have to deal with the possible changes in the status of a certain coin. Bitcoin however is always good for a long term hodl.

Alns

sr. member

Activity: 602

Merit: 250

Bitcoin is still the best entry point for newbies, some things never changes

k@suy

sr. member

Activity: 882

Merit: 269

Quote from: ?? on ??

mostly newbies grab altcoins where btc is supposed to be the coin that will suit for them . dont know thier reasons but is the name altcoin catchy enough , anyway btc is easy to discover because the name btc is spread already . eth is trusted same as btc but there are few alts that are trusted as well . dont just foccus if what coins bought by new people because they are only starters and they may not invest big but foccus more in older people in crypto but thier picks are mostly bitcoin .

We can't also judge newbies why they grab altcoins than bitcoin which for me was the best cryptocurrency if their budget wasn't enoigh to buy bitcoin as their starting crypto on themselves. Actually jumping off to bitcoin without having tried to make yourself equipped enough with knowledge about this bounty was a total kind of risk. So i guess might as well as they started to grab altcoin first and prepare themselves to start grab bitcoin.

Reid

hero member

Activity: 3052

Merit: 651

When I was a newbie it was Bitcoin that I was looking for.
But that was years ago. Altcoins are really not that popular at that time and I really have no idea about them.

This era is different. They could start from anywhere. It could be Ethereum or even BNB first since they need it to buy another coin they prefer.
It could also be one of the reasons why BNB is having success right now. They extended their way into marketing their coin instead of just the exchange itself.

acener

full member

Activity: 1274

Merit: 115

★Bitvest.io★ Play Plinko or Invest!

It would depend on what crypto the newbie would know first,
I know some people who got into alt-coin first before knowing Bitcoin so they bought alt-coin first.
But I think most of the newbie would go into Bitcoin since it is the most well known crypto.
And when it comes to profit they could gain more in alt but they should also consider the risk.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Quote from: Billo_ on March 26, 2021, 09:16:36 PM

What is your opinion, which one will bring uns more profits? Altcoins or Bitcoin?

Bitcoin and altcoins will bring us profit, but it is hard to predict, bigger between bitcoin or altcoin. I already sold my bitcoin at many prices, and I also sold some of my altcoin, which reached new ATH. You should search for the altcoin because we have many altcoins list that can be the next potential coin that will increase.

I guess this time, many undervalued altcoins will have the opportunity to increase besides the popular altcoins because bitcoin already hit the new ATH and will make another ATH, which can trigger many altcoins to increase higher. So you can research for that coin and I do not suggest you just follow other people advice.

Topic: What coin will be bought by new people? - page 3. (Read 543 times)