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Topic: Why altcoins and not bitcoin? (Read 209 times)

sr. member
Activity: 833
Merit: 267
August 05, 2018, 01:51:16 PM
#32
What are your arguments in favor of altcoins?
Simply put, altcoins prove the growth of cryptocurrency.

Altcoin is taking the cryptocurrency into a new direction as altcoins are entering into the market with a business objectives based on blockchain and most of them already have a live product in the market look kik messenger which is launching kin coin.
member
Activity: 174
Merit: 10
August 05, 2018, 01:42:55 PM
#31
What are your arguments in favor of altcoins?
Simply put, altcoins prove the growth of cryptocurrency.
newbie
Activity: 126
Merit: 0
August 04, 2018, 11:39:57 AM
#30
What are your arguments in favor of altcoins?

Because altcoins offer more profit than bitcoin. However I would rather go for bitcoin because it is a sure market. it is a safer bet for me when tit comes to cryptocurrency.
member
Activity: 462
Merit: 12
August 04, 2018, 11:35:41 AM
#29
I think both are great. I am investing in bitcoin + altcoins as both have a great potential and interesting use cases. I can understand some people only invest in altcoin as they're more (high risk = high profit) kinda thing.
newbie
Activity: 162
Merit: 0
August 04, 2018, 11:30:03 AM
#28
What are your arguments in favor of altcoins?
Well because they are pretty amazing. The altcoins like Lamden, Cardano and Power house are so good I can buy hundreds of them and store. They are very profitable.
newbie
Activity: 188
Merit: 0
August 04, 2018, 11:14:27 AM
#27
What are your arguments in favor of altcoins?
The altcoins are actually better than bitcoins and they are really profitable. The ones I am using right now are going to have a great future. Prg, Eos and Xrp are excellent.
newbie
Activity: 36
Merit: 0
August 04, 2018, 06:50:02 AM
#26
It's for one simple reason: Returns. An alt coin can explode and go 2X to 10 X, BTC will usually be 20-30%.
newbie
Activity: 182
Merit: 0
August 04, 2018, 06:49:17 AM
#25
altcoin is the mother of all coins thats why bitcoin is a part of the altcoin or bitcoin is coins
member
Activity: 448
Merit: 10
August 04, 2018, 06:35:31 AM
#24
For some investors, they prefer to invest in altcoins since the price is much affordable than btc except for those alts that has a high price value.There are good altcoins with good reputation such as EOS, Ethereum Classic and Cardano which I think are promising coins for investment that may give you potential profit from your investment.
newbie
Activity: 182
Merit: 0
August 04, 2018, 06:33:08 AM
#23
There are so many people who would rather invest in altcoins than in bitcoin. We have seen a lot of persons say they want to trade off their bitcoins for altcoins. Even though I would rather not do that, I do not think it is such a bad thing to do. It is cheaper to get altcoins and that might be one of the reasons why many will choose it over btc because they believe that that way, they might get more profits.



Yes i agree, so far altcoins  are very well known now to newly investors  because its proven by many that it can be fun and profitable investment and the advantage is you can invest in a very small amount of money.
sr. member
Activity: 742
Merit: 250
August 04, 2018, 06:22:01 AM
#22
What are your arguments in favor of altcoins?
Bitcoin or altcoins - I do not make a choice between them. I choose both, it's reasonable. Bitcoin is a more stable coin. A good choice among altcoins can bring a good profit to your wallet.
full member
Activity: 325
Merit: 100
August 04, 2018, 06:06:33 AM
#21
Despite of its high volatility, Bitcoin is the most reliable digital asset in crypto. Sometimes altcoins bring more than BTC. Thus, such altcoins as XEM, XRP, DASH were on top of the most profitable in  2017.
sr. member
Activity: 377
Merit: 252
August 04, 2018, 06:04:02 AM
#20
I think it's just because ALT is more volatile, that's why most people invest in ALT.
Most people are just speculators, so they invest in ALT in order to make more profit.

I agree with what's said above. The only reason I can think of as to why people would prefer altcoins over Bitcoin is the short -term earning potential due to the incredible market volatility.
newbie
Activity: 1
Merit: 0
August 04, 2018, 06:01:46 AM
#19
first of all, I think both Altcoins and Bitcoin should flourish and supplement eachother, Bitcoin has stability and scale, whilst Altcoins have flexibility and can try new things altcoins can implement new features wayy faster, easier and just more efficiently than Bitcoin.
full member
Activity: 854
Merit: 101
August 04, 2018, 05:56:10 AM
#18
What are your arguments in favor of altcoins?

Why not both?
holding some of your source with bitcoin and some will get altcoins.
never put all your fruits in one basket.
make sure to have some on other basket just to make sure.

Like Fiat we never put all of our money in our pockets and wallet.
some of them are in bank.
full member
Activity: 2240
Merit: 184
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August 04, 2018, 05:54:10 AM
#17
Some people who missed the growth of bitcoin (since 2008-2009) hopes that it will happen again in some of the many altcoins in the market. This is why many investors try their luck in the altcoins. This is not a bad move, just incredibly risky...but in retrospect, bitcoin investors several years ago undergone same risks.
newbie
Activity: 112
Merit: 0
August 04, 2018, 05:48:25 AM
#16
There are so many people who would rather invest in altcoins than in bitcoin. We have seen a lot of persons say they want to trade off their bitcoins for altcoins. Even though I would rather not do that, I do not think it is such a bad thing to do. It is cheaper to get altcoins and that might be one of the reasons why many will choose it over btc because they believe that that way, they might get more profits.
copper member
Activity: 76
Merit: 0
August 02, 2018, 04:00:25 PM
#15
What are your arguments in favor of altcoins?

Bitcoin has already a large amount so the percentage of profit you can get from it would be lower compared to having altcoins which has a chance of growing in terms of percentage but still depending on the market capitalization. Some would just buy more altcoins and then later on exchange it to bitcoin. The disadvantage you have with altcoins is that when it dumps, the percentage drop is bigger as well compared to bitcoin that's why it is a high risk, high reward trading when you decide to trade or invest in altcoins.

Yes, you're right. Do you believe that some altcoins can become more stable and profitable than bitcoins?
copper member
Activity: 76
Merit: 0
August 01, 2018, 09:01:27 PM
#14
Altcoins because you can invest in it for your few money. Unlike bitcoin, you should have atleast 1btc to invest and grab a big profit.
investing in bitcoin does not have to be a large amount, you can start with the capital you have. bitcoin is very good as an investment place because bitcoin has a high value among altcoins. there is a good place why you should be confused in the investment ?. do not get the wrong choosing altcoin to make an investment place my advice you can also invest in coin ETH.
it is depend in you. some people want to invest in bitcoin becayse we know how much bitcoin expensive and if the prise is rise, it is very big so you will have a big profit. unlike in the alternative coin. but the advantage of the alternative coin it is more stable than the bitcoin that's why many of the investors are using it too.

why do you say that altcoins are more stable than bitcoin? Can you give an example of any stable altcoin?
copper member
Activity: 76
Merit: 0
August 01, 2018, 08:58:53 PM
#13
It's about profit, BTC can't increase 200% in 1 month like many other altcoins

So you think that people who invest in altcoins just want to get quick profit and they are not much interested in the development and growth of the project that offers these altcoins?
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