Topic: Why I am focousing more on $ALTS than Bitcoin - page 2. (Read 777 times)
profit is the main choice of many who invest in altcoins compared to bitcoin other than that the difference in price is very high, it is difficult to get big profits in a short and long time, I also choose altcoins from bitcoin and I prefer investing in new altcoins very good in my opinion because can get big profits in a short time
I'm also a person who prefers altcoin speculation over bitcoin. Because I'm a newbie with little capital, altcoins always help me duplicate my account very quickly. If we have hidden sources and know how to choose altcoins to speculate, we will get rich very quickly, usually when the altcoin season comes, the coins pump with a frequency of 70 - 120% / day and it always makes the traders account growth very fast.
You are a Newbie but Duplicating your account quickly?wow so you are an expect traders ?i have been here in crypto for couple of yearsbut until now it is hard for me to find which Altcoin will Grow and which will fail each trade i make,but you being a newbie are successful in every trade you made?
what a Great skills or just story telling ?lol that seems to be a Joke .
for a newbie , the safest coin is only bitcoin and trading is also risky for newbie .other source of income helps to attain a big profit but using the word quick rich is not good to hear on my ears . legit traders dont mention that .
I'm also a person who prefers altcoin speculation over bitcoin. Because I'm a newbie with little capital, altcoins always help me duplicate my account very quickly. If we have hidden sources and know how to choose altcoins to speculate, we will get rich very quickly, usually when the altcoin season comes, the coins pump with a frequency of 70 - 120% / day and it always makes the traders account growth very fast.
You are a Newbie but Duplicating your account quickly?wow so you are an expect traders ?i have been here in crypto for couple of yearsbut until now it is hard for me to find which Altcoin will Grow and which will fail each trade i make,but you being a newbie are successful in every trade you made?
what a Great skills or just story telling ?lol that seems to be a Joke .
Mind Giving me Idea which currency here https://coinmarketcap.com/ Will make profit?i can offer you some percent if you can give me
the Growing coins this weekend?
Obviously more people are focused on altcoins in trading than bitcoin because bitcoin has a high price. Altcoins are more profitable for trading with low funds than bitcoin. But altcoins are quite difficult to go up again if they fall, unlike bitcoin which is very volatile
And Bitcoin is not designed for Daytrading because it moves very slow and harder to predict what will comes nextThat is why many people loves altcoin than Bitcoin.
But for all those who has a Support in Bitcoin then they tend to stay Holding no matter what it brings to them.
I'm also a person who prefers altcoin speculation over bitcoin. Because I'm a newbie with little capital, altcoins always help me duplicate my account very quickly. If we have hidden sources and know how to choose altcoins to speculate, we will get rich very quickly, usually when the altcoin season comes, the coins pump with a frequency of 70 - 120% / day and it always makes the traders account growth very fast.
Obviously more people are focused on altcoins in trading than bitcoin because bitcoin has a high price. Altcoins are more profitable for trading with low funds than bitcoin. But altcoins are quite difficult to go up again if they fall, unlike bitcoin which is very volatile
It is quite interesting to see the decreasing BTC dominance, while the altcoins market cap is increasing. Based on this it is indeed
a good idea to focus on altcoins, with a chart showing a rising alts market cap. This is a sign of demand for altcoins large enough,
this is a good opportunity to be able to make a profit from altcoins.
Bitcoin has a long time to hit this market, its dominance is too high and does a lot of damage to the altcoin, if it doesn't stop and adjust, altcoin will die and the situation is proceeding that way, Bitcoin has made its first gentle and descending steps, altcoins have made comebacks. Besides this interesting adjustment, a series of new projects and altcoins are being created, capitalization has gradually moved in here and of course, a wise investor will know that focusing on altcoin has more advantages, instead of sticking to a sideways bitcoin a good idea to focus on altcoins, with a chart showing a rising alts market cap. This is a sign of demand for altcoins large enough,
this is a good opportunity to be able to make a profit from altcoins.
i thought you are talking about SALT ( a kind of coin ) lol but its alts or altcoins you are talking about . sorry about that but your explanation is correct , btc is now going down while the gains on alts are still there .
alts are able to sustained what they gave gained last time . its not bad if there are users that will foccus on alts over bitcoin but i think most of the sympathy are still going for btc .
alts are able to sustained what they gave gained last time . its not bad if there are users that will foccus on alts over bitcoin but i think most of the sympathy are still going for btc .
Well bitcoin and alts are profitable to be traded in right timing. Top alts are likely the best choice if you're focusing more on it and not on bitcoin because it depends on the alts you choose and if it is beneficial if you invest.
It turns out only my altcoins do not grow ? fomo pushes me to make another mistake, how difficult it is to choose an altcoin.
What alts did you buy? You probably chose the wrong coin to invest in because most alts already showed a significant growth following the uptrend of bitcoin.isn't it to be expected when so many alts are emerging every day and the flow of cash are going to them because they are trying to reach the people that don't really know bitcoin much. bitcoin dominance will definitely become less and less then the market are flooded with so many alts.
Altcoins are being there everytime and the counts is hugely coming each day almost but still Bitcoin domination are indeed and still more than %60 of the total capitalization in Crypto market.
It turns out only my altcoins do not grow ? fomo pushes me to make another mistake, how difficult it is to choose an altcoin.
It is not difficult to find altcoin if you will investing in top currencies like first 10 because they are safer and may have a Run together with Bitcoin when the bulls comes out,just be aware of long waiting in case you are not ready,.
It turns out only my altcoins do not grow ? fomo pushes me to make another mistake, how difficult it is to choose an altcoin.
It is quite interesting to see the decreasing BTC dominance, while the altcoins market cap is increasing. Based on this it is indeed
a good idea to focus on altcoins, with a chart showing a rising alts market cap. This is a sign of demand for altcoins large enough,
this is a good opportunity to be able to make a profit from altcoins.
a good idea to focus on altcoins, with a chart showing a rising alts market cap. This is a sign of demand for altcoins large enough,
this is a good opportunity to be able to make a profit from altcoins.
There will always be times when bitcoin gets super amount of attention after a while and when bitcoin reaches to a whole new cap people will move towards the altcoins and when those do reach a new cap they will move towards whatever is the riskiest, back in the day it was ICO after that it was IEO and nowadays iti s DeFi projects and so forth. That is why I believe this is an endless circle and people will keep doing that forever.
Isn't there some people who are only using usdt/btc and nothing else? Sure there are. There are also people who only invest into new stuff as well, go into high leverage stuff, go into ICO or DeFi or whatever stuff. There are people who only focus on just one of them, but in reality those are small numbered, regular big portion of people go check out absolutely everything all together but the difference between them is that some of them do it in turns and some of them do it at the same time.
@OP maybe you can be more specific about which ALTS you mean because currently there are more than 6000 Altcoins in circulation.
focusing on Bitcoin or on Alts is equally beneficial. In essence, you must be sure of the crypto asset you choose, always sell it when it is made a profit.
It's obvious that because of the DeFi hype all of the altcoins that are somehow related to that field are growing up in value really quickly even if many of those projects are scams or bad projects so I do not really recommend investing in them, and if you are going to take the risk anyway at least invest a very small amount of your money, that way if you get lucky and the coin grows a lot you still earn a significant amount of money but if the coin crashes and disappears you only lose a small amount of money.focusing on Bitcoin or on Alts is equally beneficial. In essence, you must be sure of the crypto asset you choose, always sell it when it is made a profit.
be dragged along with it.
So it is really that much risky to take consideration on shooting up some money just because you do get along with the hype without even thinking first if the project is really worth to invest on.
This had been pretty common on this space that if you do let yourself get fomo'ed easily then you would surely or bound to lose on high chances.
@OP maybe you can be more specific about which ALTS you mean because currently there are more than 6000 Altcoins in circulation.
focusing on Bitcoin or on Alts is equally beneficial. In essence, you must be sure of the crypto asset you choose, always sell it when it is made a profit.
It's obvious that because of the DeFi hype all of the altcoins that are somehow related to that field are growing up in value really quickly even if many of those projects are scams or bad projects so I do not really recommend investing in them, and if you are going to take the risk anyway at least invest a very small amount of your money, that way if you get lucky and the coin grows a lot you still earn a significant amount of money but if the coin crashes and disappears you only lose a small amount of money. focusing on Bitcoin or on Alts is equally beneficial. In essence, you must be sure of the crypto asset you choose, always sell it when it is made a profit.
What I've observe is that if Bitcoin goes down the other altcoins are going down as well most of it but not all I think it's because its most paired in bitcoin. If you are going to focus on altcoins that's fine just depends on the altcoins you are going to choose it's better to choose an alt coin that has a high volume and liquidity rather than some shit coins that can be worthless anytime.
Investors can really take risks but it is not possible to say that they are not aware of the risks because i do a lot of research before investing myself because even a lot of good tokens fall off suddenly. Where the top currency bitcoin falls other tokens are more likely. However as long as a token is pumped and dumped small traders will jump for profits with confidence. Many investors are convinced that the value of Bitcoin is declining because they believe that this declining value will not last long.
of course the process of increasing altcoin is higher than bitcoin other than that the capital is smaller hence more investors trade in altcoins than bitcoin
If what you are saying is true then why still Bitcoin covering the majority of market cap?why Bitcoin still holds 60%+ of the capitalization if investors are really into altcoins?sometimes Logic is enough to understand what the means of our words.isn't it to be expected when so many alts are emerging every day and the flow of cash are going to them because they are trying to reach the people that don't really know bitcoin much. bitcoin dominance will definitely become less and less then the market are flooded with so many alts.
thats the fact but the truth is not,Bitcoin still the favorite and holds the highest funds inside the crypto market.Bitcoin is the first in many ways, and I believe it will hold the throne for many more
years. But as Udidrone says, some alt-coins are emerging and gaining value and
popularity, we can't deny that, and it's on us to use that opportunity for our own advantages, it's join the train and make profit or let others to do that. I invest in
Bitcoin and alt-coins I find great.
of course the process of increasing altcoin is higher than bitcoin other than that the capital is smaller hence more investors trade in altcoins than bitcoin
If what you are saying is true then why still Bitcoin covering the majority of market cap?why Bitcoin still holds 60%+ of the capitalization if investors are really into altcoins?sometimes Logic is enough to understand what the means of our words.isn't it to be expected when so many alts are emerging every day and the flow of cash are going to them because they are trying to reach the people that don't really know bitcoin much. bitcoin dominance will definitely become less and less then the market are flooded with so many alts.
thats the fact but the truth is not,Bitcoin still the favorite and holds the highest funds inside the crypto market. 
isn't it to be expected when so many alts are emerging every day and the flow of cash are going to them because they are trying to reach the people that don't really know bitcoin much. bitcoin dominance will definitely become less and less then the market are flooded with so many alts. but that doesn't mean bad thing. If the cash flow to alts is huge just as huge as bitcoin's then our market will be more mature and have bigger capital which means bigger liquidation!
of course the process of increasing altcoin is higher than bitcoin other than that the capital is smaller hence more investors trade in altcoins than bitcoin
The investor or the traders trade the altcoin pair bitcoin or altcoin pair stable coins, and they convert their profit into bitcoin, so when bitcoin increase so high, they will sell their bitcoin and get the money that they can withdraw to their banks. We see that the chance to make a profit from the altcoin is wide open, and while bitcoin price does not increase so high, we can try to trade altcoin pair bitcoin. I am sure that we can profit in bitcoin so that we can hold the bitcoin until the price increases.
Big players always use altcoins to grow their bitcoins that is the best way to do this as there is big potential in this tiny market. But it is tricky to pick the right coin for accumulation if we entered on the top than it will bring big trouble and ended with loss. Bitcoin is always a safe asset if someone don't feel comfortable than better avoid trading.
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