Which coin is more profitable? - page 5.

Essential10

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Quote from: cryptodude on January 29, 2024, 02:15:47 PM

As a decentralized currency I think an investor can invest in Bitcoin with little risk.

I think Bitcoin is always less risky than all other coins. Of course, Bitcoin is a good investment in current times. Bitcoin halving is ahead, hopefully after halving bull run will start from then on. If you don't have enough money or you can't invest more at once, you can start investing in DCA method.

Quote from: cryptodude on January 29, 2024, 02:15:47 PM

Moreover you can get a lot of profit through altcoins. For that you must start investing by adopting DCA method with capital. You can invest tokens like MATIC, ETH, solana, BNB, LTC etc. Which in turn has the potential to give you multiple profits.

Yes altcoins can give huge profits, I think only a few coins out of thousands of coins can pay. All the coins that you mentioned are good for invest hope investing in them can give good amount of profit in future. But I would choose Ethereum and BNB from here. Currently trying to increase investment in bitcoin and my favorite alt coins.

cryptodude

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As a decentralized currency I think an investor can invest in Bitcoin with little risk.
Moreover you can get a lot of profit through altcoins. For that you must start investing by adopting DCA method with capital. You can invest tokens like MATIC, ETH, solana, BNB, LTC etc. Which in turn has the potential to give you multiple profits.

ItsCrafty

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In this case, I will tell you that if someone asks which coin is more profitable, then I will say that everyone who wants to invest in coins should first choose a strong project which team that has a good roadmap and many other things, a white paper, and a project that gets a lot of people interested in it, such projects are more likely to be successful. If it is not too unfortunate, I mean, invest in a project that is strong, has a partner that has more users, then it will definitely benefit you, and if you choose a random project. If you do it and you don't know about it, then it is 50 50 whether it will benefit you or it will loss you.

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Quote from: Victorik on January 29, 2024, 12:32:40 AM

For Bitcoin, your investment is sure, all you need it patience and one day it will pay off, but the same can't be said about altcoins though.

I'm glad you made the correction. Sure, investors requires patient as one of their characteristics to be considered good investors. If you are into Bitcoin holding you just need to accumulate as much as you can, and then leave the coin to grow with time that's all, there is no need to worry yourself about the price movement or panic at any dump. Because it will surly rise above the price dump. This is not a predictions but a fact based on the law of demand and supply, scarcity in the coin will bring about increase in price.

cryptoWODL

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Quote from: Victorik on January 29, 2024, 12:32:40 AM

Well, you are correct. Actually, I meant to say faster not easier. Let me rephrase my statement, For Bitcoin, your investment is sure, all you need it patience and one day it will pay off, but the same can't be said about altcoins though.

Investing in Bitcoin is safer and more profitable than any other coin. Investing in Bitcoin but you have to patiently wait for few years if you want to profit from this coin. If you don't invest Bitcoin patiently and don't run your investment for a few years then your investment is worthless.

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it is faster to make money from altcoins than Bitcoin.

Investing in alt coins may make money very quickly but there are high risks involved for all investors. Moreover, if you observe, you will realize that most of the investors in alt coins are not successful, instead of succeeding, they fail in their investment. As a result, many people are reluctant to invest in alt coins.

Victorik

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Quote from: Makus on January 28, 2024, 02:57:53 PM

Quote from: Victorik on January 28, 2024, 12:35:56 PM

Not completely true. There are people who have made more money from altcoins than they have made from Bitcoin. It's easier to make money from altcoins than Bitcoin but it comes with a very high risk and possibility of losing all.

Making profit from altcoin isn't easier than making money from Bitcoin. It's true altcoins are faster wey of making money but that doesn't imply that it is easy. Most altcoins like the one you were referring to are short term project which after making all those increase, they'll fall back to a lower price and the might just remain there until they are no more in the market. When buying and selling all these type of altcoins, you have to keep track of the market to know when to sell so you'll not run on too much loss. But Bitcoin investment requires just little knowledge and you could leave your investment for years without worrying about the price.

Well, you are correct. Actually, I meant to say faster not easier. Let me rephrase my statement, it is faster to make money from altcoins than Bitcoin. For Bitcoin, your investment is sure, all you need it patience and one day it will pay off, but the same can't be said about altcoins though.

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Quote from: Victorik on January 28, 2024, 12:35:56 PM

Not completely true. There are people who have made more money from altcoins than they have made from Bitcoin. It's easier to make money from altcoins than Bitcoin but it comes with a very high risk and possibility of losing all.

Making profit from altcoin isn't easier than making money from Bitcoin. It's true altcoins are faster wey of making money but that doesn't imply that it is easy. Most altcoins like the one you were referring to are short term project which after making all those increase, they'll fall back to a lower price and the might just remain there until they are no more in the market. When buying and selling all these type of altcoins, you have to keep track of the market to know when to sell so you'll not run on too much loss. But Bitcoin investment requires just little knowledge and you could leave your investment for years without worrying about the price.

RewFrew

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I also think Bitcoin is is profitable there has no doubt. Bitcoin is best coin in cryptocurrency market. We know 10 years ago Bitcoin price was very low in 2014 bitcoin price was near about $600 and now Bitcoin price is near about $42k huge increased. I think after 10 years from now Bitcoin price will more different from now. After ten years i mean 2034 Bitcoin price will be $1m this is my prediction. And Bitcoin is best coin on cryptocurrency market. It is father of all cryptocurrency. So i think Bitcoin is more secure and more profitable.

Victorik

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Not completely true. There are people who have made more money from altcoins than they have made from Bitcoin. It's easier to make money from altcoins than Bitcoin but it comes with a very high risk and possibility of losing all.

Just recently I bought a token on the Solana ecosystem and within days, that token have done over x8. This feat can't be achieved with Bitcoin, except you are investing heavily.

ivankoh

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Quote from: livingfree on September 02, 2023, 03:41:07 AM

While I agree that it is Bitcoin that should be the top choice of everybody and it's the crypto that everyone can rely in the long term. Also those who have invested early have no doubt will say it's the most profitable to them.

But there will be other investors that might argue to you that it's not the most profitable to them. It could be the altcoin of their choice that have pumped a lot and that's true.

If you want stability and safety, Bitcoin is the choice and it is profitable no matter what happens to this market in the long run.

Yeah, It is an option, bitcoin is the best but maybe for many people it is not the option that generates the most profit for them. Because bitcoin is the king of dominance and it is so important that the entire market can influence it. Bitcoin is a long-term game and a game of bulls,… of course, you must hold bitcoin to win, and other altcoin options if you have a chance to make a profit. That is actually a form of investment strategy where flexibility can be activated at any time.

BD Technical

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Yes, I also like Bitcoin, but in the current market situation, if you don't search and trade, you will lose. Brother, you must invest wisely, but if you are new tokens that are listed on Binance, besides Bitcoin. You can buy and test good quality tokens from them then you can get some benefit and also I don't see any way at present from where you can get good profit but of course you can invest in bitcoins whatever you do my dear in that case I am good. I don't see it anyway, be fine.

Bushdark

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Quote from: Bureau on January 28, 2024, 03:37:40 AM

It all depends on which coin you invested in and what time you invested. Buying at low and selling at high is the process that brings in big profits. The best time is when the market is in red to buy coins that you think have potential. when the market is in green then it is the best time to exit from the coin. Although there are investors who tend to hold for the long term to gain high profit that is only possible when you invest in Bitcoin or other big coins. In times when the market is red is the time when long-term holders should start accumulating more that will result in higher profit.

Any coin project that has a good liquidity would be profitable for us. Although we might not know what coin would be profitable for us now because the market is always ranging anyhow. Buying a project and holding it for as long as possible would give us a good profits in the market. We need to be wise and take decisions that would attract us to make money in the market, there might be lots of risks attached but we don't need to stress ourselves with opinions that could affect us.

martinex

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Quote from: bots1 on January 28, 2024, 03:02:51 AM

We often hear that Bitcoin investment is the most profitable. Bitcoin and altcoins have made dozens of people suddenly rich. This extraordinary upward trend is an authentic proof of the past. Even though magicians cannot predict accurately, by learning from existing patterns, the potential for increasing the value of Bitcoin in the future is not impossible.

The crypto market is very volatile and difficult to predict in general, but if that's what you say it might be relevant if we compare it with the values of the past 4 years. So, what needs to be underlined and paid attention to is managerial ability in managing funds which must be optimal. If someone says that investing in crypto experiences a lot of losses, it is a personal mistake because they don't read market movements well.

xeqoRameshAxueamExaqana

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if compared only about the price increase there may be better than bitcoin.
but bitcoin is the mother crypto currency so the price benchmark for other coins and is the first coin. just as the dollar is the center and barometer of world money so bitcoin is the center and barometer of crypto.

Bureau

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It all depends on which coin you invested in and what time you invested. Buying at low and selling at high is the process that brings in big profits. The best time is when the market is in red to buy coins that you think have potential. when the market is in green then it is the best time to exit from the coin. Although there are investors who tend to hold for the long term to gain high profit that is only possible when you invest in Bitcoin or other big coins. In times when the market is red is the time when long-term holders should start accumulating more that will result in higher profit.

bots1

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We often hear that Bitcoin investment is the most profitable. Bitcoin and altcoins have made dozens of people suddenly rich. This extraordinary upward trend is an authentic proof of the past. Even though magicians cannot predict accurately, by learning from existing patterns, the potential for increasing the value of Bitcoin in the future is not impossible.

Makus

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Bitcoin is indeed the best coin in the market, and the most profitable coin. When we are talking about profitability bit has been for over a decade now and it still profits it's investors. Being the most trusted coin in the market, you don't even need to stress yourself in doing multiple research buying, unlike altcoins and shitcoins that you'll need to do extensively research. However the king of all coins should be given the respect it deserves. Because without it's existence and decentralized nature, crypto entirely would have been put to the ground.

SeriouslyGiveaway

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What you say is partly correct but not enough. If we consider the type of coin in this market that brings both the highest profits and the safest, it is Bitcoin. If not considering the safety factor, I think many other coins are more profitable than Bitcoin if not considering the factor that appears first, such as Ethereum. It is true that for those who came to this market from the beginning, only Bitcoin was the only coin they could buy, but at that time, I did not think that buying Bitcoin was a form of investment but had many factors luck because at that time no one could imagine what Bitcoin would be like in the future, there was not much information about the cryptocurrency market like now, people who bought Bitcoin at that time were more speculative than investors.

GeorgeJohn

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There is no coin that is not profitable it depends the time that you invested in the coin and how long you hold the coin and how long you want to hold the coin for it to propagate in the market, so but it must necessary means that you must make investigation before purchasing coin and the hold it for long. For it to propagate directly to your target that is why research mechanism is very important in any coin that we want to invest on

Odusko

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Quote from: Jocuserious on September 02, 2023, 03:18:07 AM

Just one bitcoin
Bitcoin is the most profitable crypto to all investors. Bitcoin is the first digital asset to hit the crypto market. In fact, it was more profitable for its early investors.

We all know the truth that bitcoin is and still remains the only coin for long-term investment and altcoins are just for the short-term investment portfolio and not long-term terms most of the time, some investors tend to mistake Bitcoin and altcoin and try to compare the two, but at the end, they still realize that Bitcoin is a class of his own and is not in the category of an altcoin.
Altcoin is best for speculation and gambling, and Bitcoin is the only coin with an investment feature that makes Bitcoin unique.

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