Why altcoins and not bitcoin? | Bitcointalksearch.org

maxamus

sr. member

Activity: 833

Merit: 267

Quote from: dakiller on August 05, 2018, 01:42:55 PM

Quote from: WhatsOnPic_PR on August 01, 2018, 08:39:55 PM

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.

dakiller

member

Activity: 174

Merit: 10

Quote from: WhatsOnPic_PR on August 01, 2018, 08:39:55 PM

What are your arguments in favor of altcoins?

Simply put, altcoins prove the growth of cryptocurrency.

tableofcontents

newbie

Activity: 126

Merit: 0

Quote from: WhatsOnPic_PR on August 01, 2018, 08:39:55 PM

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.

SalmanMJ9

member

Activity: 462

Merit: 12

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.

MilesEldwin

newbie

Activity: 162

Merit: 0

Quote from: WhatsOnPic_PR on August 01, 2018, 08:39:55 PM

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.

HarrisonErnest

newbie

Activity: 188

Merit: 0

Quote from: WhatsOnPic_PR on August 01, 2018, 08:39:55 PM

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.

TheRiddingCoin5

newbie

Activity: 36

Merit: 0

It's for one simple reason: Returns. An alt coin can explode and go 2X to 10 X, BTC will usually be 20-30%.

cc80aa

newbie

Activity: 182

Merit: 0

altcoin is the mother of all coins thats why bitcoin is a part of the altcoin or bitcoin is coins

btcluisdiki

member

Activity: 448

Merit: 10

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.

Mateo123

newbie

Activity: 182

Merit: 0

Quote from: PurpleNights on August 04, 2018, 05:48:25 AM

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.

IrReAr

sr. member

Activity: 742

Merit: 250

Quote from: WhatsOnPic_PR on August 01, 2018, 08:39:55 PM

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.

acaciosc

full member

Activity: 325

Merit: 100

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.

akosipepot

sr. member

Activity: 377

Merit: 252

Quote from: Crown1 on August 01, 2018, 08:47:27 PM

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.

Hastur3333

newbie

Activity: 1

Merit: 0

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.

kramchers

full member

Activity: 854

Merit: 101

Quote from: WhatsOnPic_PR on August 01, 2018, 08:39:55 PM

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.

Sebas.tian

full member

Activity: 2184

Merit: 184

Hire Bitcointalk Camp. Manager @ r7promotions.com

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.

PurpleNights

newbie

Activity: 112

Merit: 0

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.

WhatsOnPic_PR

copper member

Activity: 76

Merit: 0

Quote from: jamids on August 01, 2018, 08:57:09 PM

Quote from: WhatsOnPic_PR on August 01, 2018, 08:39:55 PM

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?

WhatsOnPic_PR

copper member

Activity: 76

Merit: 0

Quote from: The_prodigy on August 01, 2018, 08:55:34 PM

Quote from: Nanda Dewi277 on August 01, 2018, 08:53:20 PM

Quote from: xysheeh03 on August 01, 2018, 08:44:02 PM

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?

WhatsOnPic_PR

copper member

Activity: 76

Merit: 0

Quote from: hataka on August 01, 2018, 08:54:54 PM

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?

Topic: Why altcoins and not bitcoin? (Read 196 times)