Personally I have quit with investing in altcoin because based on experienced need longer time waiting for altcoin recovering than Bitcoin, actually we can consistent earn profit few percent trough Bitcoin trading because every day change 2% until 5% and difficult find with altcoin can growing up faster than bitcoin. But have weakness when investing in bitcoin with much capital needed than altcoin, we don't worry when investing in Bitcoin because ever drop to $15,000 without few months success recovery and bitcoin back above $30,000 nowadays.
Some moment, altcoin can't growing as faster than bitcoin when price up but many altcoin kinds drop drastically when bitcoin down but not the same up when bitcoin going to higher price.
Topic: What's your favorite crypto;Bitcoin - page 2. (Read 899 times)
I think altcoin prices follow bitcoin prices. Since the price of Bitcoin in the market goes down, the price of the altcoins goes down. It is easy to understand that altcoins follow Bitcoin price and movements.
Yes, other altcoin follows Bitcoin price movement. But not because they are connected. It is because of the market sentiments. People trade that way, it is the reason behind the same kind of price movement with Bitcoin market. Many reputable Alt coins follow the same sentiments, but the new ones are not that much. It is based on ICO or IEO or some other shit like that. You can call that a trend or hype. And those that follow bitcoin's price movement are totally on different blockchain or has a different concept than bitcoin. That is why, bitcoin and other alts are not connected, but the alts follow bitcoin's price movement based on traders sentiments. But don't be surprised if there are altcoins that actually oppose the movement of the Bitcoin price. Usually this type of altcoin is an altcoin that has just been launched or which is currently having a level of hype sentiment in the market due to an event or positive news that makes the fundamentals of the altcoin strong enough to remain in a positive trance even though bitcoin is down.
Surely the most favorite and will be number one is Bitcoin and there is no need to argue why because, along the way, Bitcoin has proven many things as the best, but of course, there are also those who favor other crypto because they provide quick profits but for investment and certainty then Bitcoin is the best among others, because even though the price of Bitcoin goes down and a certain period will rise again and always succeed in forming the latest ATH and there is no doubt about it.
Many traders has experienced positive results from Bitcoin in the market, that made them to prefer Bitcoin than crypto because whenever the price of Bitcoin is rising in the market other cryptocurrencies price will be rising too which a sign that bullish market is very close to traders. Bitcoin is my favorite, because it is very easy to make a passive income when you apply long term trading which is the best strategy many potential traders used to grow their income in the community, and I have experienced it too that made me to prefer Bitcoin than crypto in long term trading. Since the price of Bitcoin is planning to hit $40,000 before the end of this year, I think it will really help many that invested last year to make a good profits that will attract other Bitcoin traders to invest more on Bitcoin than others cryptocurrencies.
One of the most valuable cryptocurrencies is Bitcoin. Bitcoin is generally not compared to other coins. Because Bitcoin is one of the most popular cryptocurrency coins. Although people don't know about crypto-currencies, they know quite a bit about Bitcoin. There are many people who don't know what cryptocurrency is but they have a fair idea about Bitcoin. The value of most coins in the market depends on the value of Bitcoin. Bitcoin is always the best choice for investment especially for me. Because I trust bitcoin investment even if I don't trust investing in other digital currencies. Although there is some risk involved in investing, the amount of risk in Bitcoin is very low compared to the risks of other coins.
So all of love like bitcoin without question it all know
Not all the people buying bitcoin for your information.Some people get rich by buying the altcoin itself.Because the profit percentage is more on altcoin sometimes,because the price of altcoin is very low to bitcoin.So to the half the price of bitcoin,you can buy maximum amount of bitcoin for your future.Buying the good coins at the ICO is all the better option.Bullish market will get more profit then expected in altcoin.
When investing in the right altcoins, it will provide big profits too,basically investing in Bitcoin or altcoins is just as profitable and it depends on the choice of each,
when bullish then it is a good time to sell.
Following market movements at all times is also important so you know when is a good time to buy and sell,
crypto is so complex and most importantly keep learning.
Cryptocurrency has various digital currencies like altcoin,litecoin,cardano,bitcoin,ethereum.e.t.c
Litecoin, cardano, ethereum, and other coins except Bitcoin are called as altcoins.Bitcoin has rendered freedom,as in financial freedom.The average youth today is interested in bitcoin today not because of it's trendiness,but also to seek financial freedom.
The journey to this financial freedom is not as easy as we think, moreover with Bitcoin. There are up and down cycles that we must pass and not all people are ready for this situation. People can enjoy it and have financial freedom once they really understand Bitcoin, how it is going on, and how our response to every condition of Bitcoin. However for investment, basically yeah I really agree that Bitcoin is much worthier than other cryptocurrencies, moreover if used for long-term investment. But once more, this always has the risks. And we must be ready for the risks. But at least, Bitcoin sometimes can really help us to gain more benefits from it, not only used as globa payment but also for investment which is very worthy if we know the cycle and the ways for the investment.
Not all the people buying bitcoin for your information.Some people get rich by buying the altcoin itself.Because the profit percentage is more on altcoin sometimes,because the price of altcoin is very low to bitcoin.So to the half the price of bitcoin,you can buy maximum amount of bitcoin for your future.Buying the good coins at the ICO is all the better option.Bullish market will get more profit then expected in altcoin.
When investing in the right altcoins, it will provide big profits too,basically investing in Bitcoin or altcoins is just as profitable and it depends on the choice of each,
when bullish then it is a good time to sell.
Depend which one favorite crypto between bitcoin or altcoin depend on how much capital used for trading in cryptocurrency, for small fund trading actually altcoin is the best option than bitcoin for earning profit. But trader with huge capital actually Bitcoin is the best choose and option for trading due price can up and down about few percent every day. Consistent to earn profit trough bitcoin if have huge fund for trading but difficult to earn profit for small fund and invest in Bitcoin.
But bigger risk when trading or priority for altcoin, has the owner handle some altcoin and the future with our altcoin assets depend for them but Bitcoin there is not any one can't controlling for make it dump like altcoin.
But bigger risk when trading or priority for altcoin, has the owner handle some altcoin and the future with our altcoin assets depend for them but Bitcoin there is not any one can't controlling for make it dump like altcoin.
I think altcoin prices follow bitcoin prices. Since the price of Bitcoin in the market goes down, the price of the altcoins goes down. It is easy to understand that altcoins follow Bitcoin price and movements.
Yes, other altcoin follows Bitcoin price movement. But not because they are connected. It is because of the market sentiments. People trade that way, it is the reason behind the same kind of price movement with Bitcoin market. Many reputable Alt coins follow the same sentiments, but the new ones are not that much. It is based on ICO or IEO or some other shit like that. You can call that a trend or hype. And those that follow bitcoin's price movement are totally on different blockchain or has a different concept than bitcoin. That is why, bitcoin and other alts are not connected, but the alts follow bitcoin's price movement based on traders sentiments. 
The one thing I know about bitcoin's operation is that it has a promising future. Every project has its ups and downs, and bitcoin is no exception. We can't say for certain that bitcoin will vanish from the market, but to be on the safe side, always prepare your mind for the worst; the crypto field is full of horrific incidents. However, let us concentrate on bitcoin because it is broad and reliable, unlike projects that pump and dump within a month or a week. Bitcoin has always been present, and the project has maintained equilibrium during both critical bear seasons and beneficial bull periods.
The reasons those project pump and dump is because they get over hype when they get launched and many investor rush to buy the tokens hoping to get profits but when they realized the project isn't what they claim it to be, they start selling and dumping the price down. Altcoins are known to use influence to shill their project when they don't have those things they're been hyped for.
We have to be careful if we want to invest in altcoins because most of them won't make it into the bull market and that's because they don't have the trust of the community. Bitcoin is trusted and it has proven to be a trusted project and that's why you should choose to invest in it.
The only possible positive thing about alts is that bitcoin will not go 10x easily, and won't go 100x, that's just not looking like possible or at least not right now. There will be "some" alts that will go 100x in the future, I do not know which ones and that's the trouble, one day we will see one where the top is 100x higher than the bottom price and we will wish we bought it.
The risk however is that if you keep investing into them, then you will think that you will know at least one of them right and most of them will be wrong and you will lose money instead. This is why it's much more important to just focus on how you could make a profit based on known coins and not risk it on alts that may go up or crash, I feel like I would always pick the wrong one so I stay away from it.
That's why not a lot of us invest into all those small things, sure they brought in money but most of them taking money out of bitcoin as well, which means there is a reason why bitcoin won't go 10x easily, because there are tens of thousands of other tokens that we invest into instead of bitcoin.The risk however is that if you keep investing into them, then you will think that you will know at least one of them right and most of them will be wrong and you will lose money instead. This is why it's much more important to just focus on how you could make a profit based on known coins and not risk it on alts that may go up or crash, I feel like I would always pick the wrong one so I stay away from it.
Do you know how much higher bitcoin would be today if we decided to just keep the top 100 and all the rest of the tokens and coins just gone, fully gone, and all the money in them go directly to bitcoin? We would be breaking ATH after ATH for bitcoin today. This is why I think the "possibility" which is like 0.001% of the coins/tokens created, is not really a good idea for an investment, I would rather keep it in bitcoin instead, much more reliable.
I also personally like Bitcoin and I think Bitcoin investment is very safe.Bitcoin is performing better than any other currency, but there is considerable interest in BTC and Ultra Coin among investors.I think bitcoin will go far in the future. If anyone is considering investing in cryptocurrency, I prefer Bitcoin.
I don't think that statement of yours is correct. Other cryptocurrencies are not related to Bitcoin. They have their own blockchain and their functionality is different from Bitcoin. If you are referring to the price movement that other crypto follows with bitcoin's price movements. You are wrong there too. This happens totally because of the sentiments that traders have over Bitcoin. Bitcoin is here with us for over a decade. And not just that, it is still on the top of the list. So obviously, if anything happens to it, people's sentiments will follow that too. Thus, it will create a chain effect and fear amongst everyone in example where bitcoin's price falls, others will think that as a major red flag for the whole crypto market and will treat other crypto as the same.
So the point is, Bitcoin is not connected to other cryptocurrencies. It's us who take the decision based on bitcoin's movement. You can find many crypto moving the direct opposite direction than Bitcoin. I think that is enough proof to justify my statement. Try to research more and expand your knowledge.
I think altcoin prices follow bitcoin prices. Since the price of Bitcoin in the market goes down, the price of the altcoins goes down. It is easy to understand that altcoins follow Bitcoin price and movements.
In fact, any cryptocurrency is tied to bitcoin, so I don’t see much difference here. I think many people understand this.
I don't think that statement of yours is correct. Other cryptocurrencies are not related to Bitcoin. They have their own blockchain and their functionality is different from Bitcoin. If you are referring to the price movement that other crypto follows with bitcoin's price movements. You are wrong there too. This happens totally because of the sentiments that traders have over Bitcoin. Bitcoin is here with us for over a decade. And not just that, it is still on the top of the list. So obviously, if anything happens to it, people's sentiments will follow that too. Thus, it will create a chain effect and fear amongst everyone in example where bitcoin's price falls, others will think that as a major red flag for the whole crypto market and will treat other crypto as the same.
So the point is, Bitcoin is not connected to other cryptocurrencies. It's us who take the decision based on bitcoin's movement. You can find many crypto moving the direct opposite direction than Bitcoin. I think that is enough proof to justify my statement. Try to research more and expand your knowledge.
I think altcoin prices follow bitcoin prices. Since the price of Bitcoin in the market goes down, the price of the altcoins goes down. It is easy to understand that altcoins follow Bitcoin price and movements.
Not all the people buying bitcoin for your information.Some people get rich by buying the altcoin itself.Because the profit percentage is more on altcoin sometimes,because the price of altcoin is very low to bitcoin.So to the half the price of bitcoin,you can buy maximum amount of bitcoin for your future.Buying the good coins at the ICO is all the better option.Bullish market will get more profit then expected in altcoin.
When investing in the right altcoins, it will provide big profits too,basically investing in Bitcoin or altcoins is just as profitable and it depends on the choice of each,
when bullish then it is a good time to sell.
Not all the people buying bitcoin for your information.Some people get rich by buying the altcoin itself.Because the profit percentage is more on altcoin sometimes,because the price of altcoin is very low to bitcoin.So to the half the price of bitcoin,you can buy maximum amount of bitcoin for your future.Buying the good coins at the ICO is all the better option.Bullish market will get more profit then expected in altcoin.
If it's a matter of getting much bigger profits in a faster timeframe then of course Altcoins are the answer. but with a much greater risk of course. I also have that thought. But still, when talking about favorite coins, it's still bitcoin. because as far as I'm concerned currently only bitcoin is truly decentralized. while altcoins I think everything is almost close to a centralized system. Bitcoin and altcoins both have their respective roles and their respective enthusiasts. but the majority favorite definitely remains bitcoin. proven by looking at the market cap owned by bitcoin. 
My favorite has always been BTC. I understand it's workings and implementation better than any other currency out there.
BTC has a proven track record of stability and even as we expect the halving for next year, the confidence in this particular crypto is stronger than it has been.
Am only considering investment in other cryptocurrencies because of my pals and friends who have made advancement in that area. I am not one to have friends with people who don't think alike, hence my current friends who have interest in BTC and other altcoins in general are the best brokers I have when it comes to investment in crypto currency.
I love BTC. I have instinct built up on this that I could be sleeping and have a possible thought of market trend invariably going to run concurrent to the current trend. That's when I'd buy or HoDL till necessary.
BTC has a proven track record of stability and even as we expect the halving for next year, the confidence in this particular crypto is stronger than it has been.
Am only considering investment in other cryptocurrencies because of my pals and friends who have made advancement in that area. I am not one to have friends with people who don't think alike, hence my current friends who have interest in BTC and other altcoins in general are the best brokers I have when it comes to investment in crypto currency.
I love BTC. I have instinct built up on this that I could be sleeping and have a possible thought of market trend invariably going to run concurrent to the current trend. That's when I'd buy or HoDL till necessary.
Not all the people buying bitcoin for your information.Some people get rich by buying the altcoin itself.Because the profit percentage is more on altcoin sometimes,because the price of altcoin is very low to bitcoin.So to the half the price of bitcoin,you can buy maximum amount of bitcoin for your future.Buying the good coins at the ICO is all the better option.Bullish market will get more profit then expected in altcoin.
This is a bitcoin forum and thus the comments will be biased towards bitcoin.
I think the term favorite here is used loosely, because we are here to see bitcoin as a mode of transaction and an asset, not like a team who we are supporting. As per as price changes and bullish trends are concerned, bitcoin has made the largest round and therefore it is the crypto users first choice when asked for a asset class to invest in.
Most altcoins have failed to demonstrate what bitcoin has done in terms of decentralization and censorship-resistance, they also havent brought anything new to make them stand out.
I think the term favorite here is used loosely, because we are here to see bitcoin as a mode of transaction and an asset, not like a team who we are supporting. As per as price changes and bullish trends are concerned, bitcoin has made the largest round and therefore it is the crypto users first choice when asked for a asset class to invest in.
Most altcoins have failed to demonstrate what bitcoin has done in terms of decentralization and censorship-resistance, they also havent brought anything new to make them stand out.
Bitcoin seems to me to be the safest crypto currency. I can trust bitcoin but not so much on some others. I think Bitcoin will never disappear from the market and those who have invested in Bitcoin are really lucky to have invested in Bitcoin. Because I believe the price of Bitcoin is going to get a huge pump soon. As there is a possibility of Bitcoin pumping, those who invest during this period can expect to make good profits during the pumping period. Considering the current and past statistics or situation, I think the future of Bitcoin is very good.
The one thing I know about bitcoin's operation is that it has a promising future. Every project has its ups and downs, and Bitcoin is no exception. We can't say for certain that Bitcoin will vanish from the market, but to be on the safe side, always prepare your mind for the worst; the crypto field is full of horrific incidents. However, let us concentrate on Bitcoin because it is broad and reliable, unlike projects that pump and dump within a month or a week. Bitcoin has always been present, and the project has maintained equilibrium during both critical bear seasons and beneficial bull periods.We've seen how Bitcoin changed and develop to become a top currency. It will never be a top and most trusted cryptocurrency for nothing. I agree that it's the safest coin that we could invest in especially if we are targeting a long-term investment. There are lots of coins that attempted to be like Bitcoin and reach the same achievements that it has reached but none of them succeeded. Bitcoin, compared to other coins has a stronger and well-established foundation and we can firmly rely on its potential only if we'll only be patient enough to wait for the bullish season.
Many investors who have doubted Bitcoin before have switched to investing in it after they have seen how it could resist and survive in every market situation. If you are a risk taker, it will all be worth it if you'll risk with Bitcoin.
in terms of features and other aspects on which we do mostly seeing this on top altcoins on which it would really be understandable on having that way but still it do able to manage on remaining on top spot,
which significantly means that the demand and community recognition would be the most powerful thing that would determine whether a project would be valuable or not.
Being the first cryptocurrency does hold off that kind of name or title which it would instill on most peoples mind on which it would be that common sense that they would really be that
mainly supporting it.
Jump to: