Bitcoin Forum

Here is my own investment advice but not to be taken very seriously because anything can happen in crypto space...

I think the best altcoins you can invest on in crypto space are bitcoin forks, they are very responsive to bitcoin movement and their All Time High is very good too, one for thing is these coins have their halving coming this very year as well

1. Bitcoin Gold
2. Bitcoin Diamond
3. Bitcoin Cash
4. Lightening Bitcoin
5. Bitcoin Private

These coins have their use cases and they offer better performance compare to their king ( Bitcoin ) and their team are very active as well, looking at the past chart of Jan 2018 these coins ATH are massive, buying now means buying at extremely cheap price, they are jumpy, active , responsive to Bitcoin Movement and their Halving is happening this 2020 as well.

Please do not hesitate to do your own research and go through their whitepapers, these are no new projects, they have proven their existence already, thank you

I dont think bitcoin fork can offer better than what bitcoin can give , for me bitcoin fork is the same as other altcoin and no special  thing other than its a fork of bitcoin and use the name of bitcoin.
In terms of use cases eth and xrp is better than other fork you listed but xrp is centralised , they are also following the movement of bitcoin BTW.

I think the coins you mentioned above have not been able to defeat Bitcoin and will never be able to because they are all created from HF Bitcoin, but to buy at the current price is very good and just waiting for halving to occur and get profits

Still the center of attention is bitcoin and the other BCHs are still below that and the range is still good for other altcoins in my opinion.
Look Ethereum is now soaring better and has already redeemed $ 250 that means that altcoin is still hopeful for investment. I need to pay attention to this coin because in 24 hours this coin goes up quite high.

I also consider these Bitcoin forks as altcoins like Litecoin and Dogecoin because they have the same algo like Bitcoin and they are just a copy of the original Cryptocurrency, I am more inclined to support tokens like Ethereum and Binance coin because of their platform and usage they offer a lot of things in the table.

There, I've fixed it.
Bitcoin forks are speculative coins with no real added value and sooner or later you can face bad surprises, especially if you choose to HOLD.
If you want to go into altcoins, choose proper coins with proper development and good ideas. For example my small investment into Monero has paid off until now.

I refuse to accept your thoughts, these forks offer better performance in features, speed, fees and they implement few other things that bitcoin can never have so yes its true that these forks can do better, I'm not sure of BSV but the few ones OP mentioned are good

I mean term of use cases,  if its only in transaction speed then xrp is much better than fork listed there and for low transaction fee both eth and xrp have a low transaction fees. If thats the only fork of bitcoin can offer we have already in the market better than what they have.

Bitcoin is the safest coin to invest your money on and if you want to take further risks then go for BCH and ETH, they are still better, I know Bitcoin gold brings huge profit in 2017 but can this repeat itself again? that's hard to answer I guess

But the market is not on these Bitcoin fork, it's true that they offer speed and lower fees but unfortunately investors and the whole community are very much into Bitcoin, take a look at Bitcoin's dominance, altcoins and these forks has a lot of catching up to do.

All forks are altcoins so the dominance point of yours is pointing to all of them together, what OP mean is once altcoin season returns these forks will bring massive ROI than bitcoin itself, Bitcoin Cash ATH was a thousands plus and BCG and BCD too were in three figures, that's massive compare to what you can every get from bitcoin

This is the worst  possible way to advertise your supported coins.
Backstabbing bitcoin for your own profit in a bitcoin community?
You could be better than that.

I will be more intrigued with all those coins if you say good shits about it. But with this statement? Nah, thank you.
There are better ones than this with real supporters. Real human investors and not just an imaginary number made by them.
Say goodbye to your money later on.

LOL, did you know that some of them are prone to 51% attack? So how can you invest on that fork coin?

And besides, if you really wanted to invest, then go for the original and not those clone coins. And the people behind those fork coins are very shady so how can you put your trust on someone who claim to be Satoshi and Roger Ver And Jihan Wu who used to be a Bitcoin proponent then suddenly turn their backs because they are too greedy? If someone wanted to invest on alts then perhaps Ethereum is good start or even BNB.

But Bitcoin forks coin? Nah!

Exactly. Bitcoin gold is the perfect example of it.

Bitcoin Gold hit by 51% attacks, $72K in cryptocurrency double-spent (https://thenextweb.com/hardfork/2020/01/27/bitcoin-gold-51-percent-attack-blockchain-reorg-cryptocurrency-binance-exchange/)

Bitcoin Gold 51% Attacked - Network Loses $70,000 in Double Spends (https://news.bitcoin.com/bitcoin-gold-51-attacked-network-loses-70000-in-double-spends/)

Generalizing bitcoin forks, I don't think it's a very good idea. Yes, they might be reactive now but we don't know how long this will exist or until when they'll be like this.

The question is why are they bitcoin forks and ever since they have been created what has been the positive things they brought up? I think they are just copying one or two things from Bitcoin because if truly they are far better or offer better value they would have beaten BTC for long. In my own view, I see those coins are altcoins too and instead of going for them I rather stick to the likes of ETH and XLM. Seriously developers should focus on bringing something unique and different than what is known, only then will their project last the test of time.

Bitcoin fork coins indeed not a good long term investment because as you said they have no real added value but you can use Bitcoin fork coins as a short term investment. We can make profit by trading daily with Bitcoin fork coins. Monero, BNB, LTC Is another Altcoin that we can choose.

It is better to invest in bitcoin rather than in bitcoin fork because we don't know if that coins could really increase like bitcoin price or not. If you choose bitcoin, then you will see the profit from bitcoin will be bigger because once bitcoin moves, the price has a chance to increase higher.

But if you feel that you better invest in the bitcoin fork coins, then you should be careful and don't spend too much money if you are not sure. You need to analyze more to find if that coin will have the potential to increase or not.

You missed backing this claims up with good proofs. I think the safer, more decentralized,  and useful one among them is probably the what I would pick if given the option to choose any of those.
So how do we determine which one of them fits  my criteria. We probably need to refer to the important ideals of Bitcoin/crypto to determine which coin is closer to the ideals. If crypto stuff are rated this way, you won't "derail" too much when looking for safe & useful projects.

I think that if there is a repeat of the crazy bullish movement of Bitcoin, then a new boom in altcoins will follow. Then you can buy absolutely any coin and get a profit. Because the market will be pumped very hard to attract new hamsters.

Well everyone has a freedom to choose what altcoins they like to buy and hold especially in this season that the market is slowly climbing up. Most of the altcoins are green so you will have difficulties in choosing the best altcoins that will give you the best return in the long run.

Your suggestions are good but as what I have notice these are the altcoins that almost doubled it's base price in less than two months. XRP,Litecoin,BNB and Monero.

I don't believe now to the coins in the bitcoin fork because the real high profit is coming from the bitcoin and now are really happening right now. Altcoins too Are best to invest right now but only few because they have coin who are remain the price or not increasing even the market is good.

Being scared of investing is not good for me you know why ? Because you need to take a risk to have a good return in right investment.

Aside Lightening Bitcoin and bitcoin private, others made the top 100 altcoin, which prove the size of the cap. It is easy to attract big investors as coin on top 100 than any other coin and they get easy list on top exchanges. The top exchanges bring liquidity and volume. They also have opportunity to raise a big community, however, they cant replace bitcoin but can be a good investment at the moment.

I don’t think that your theory about bitcoin forks being the best coins to invest is correct. There are many promising projects nowadays. But personally I have Bitcoin cash and Bitcoin gold in my portfolio. So, no, I am not scared to go for altcoins, I just disagree with your top 5 list. 

You need to be wise and careful choosing the coins to support as there are too many projects that being offered around. The chance of getting huge profits coming from this business is still possible if you will continue doing your research and not to allow yourself to follow your emotions. Best to keep sorting and observing every potential project before picking your investment.

if you did good research on the potential of these Bitcoin forks then go for it, it's your money anyway, but I do not support these forks I consider them altcoins like Dogecoin and Litecoin, they do have potential but it still depends on how investors look at them.

Investment in bitcoin is not totally safe because there's still a risk. Whether you go with Bitcoin, Ethereum and BCH all of them have the same risk and if you don't want to take those kinds of risk maybe invest your money in a stable coin. We totally don't know if the top altcoin will repeat again it's ATH in the market. I'm not scared to go with altcoin but I'm scared if I will not use my money in a good investment that's why I prefer to invest it in top-performing altcoins such us Binance coin, Ethreum, and Ripple. All the altcoins that you have mentioned I don't have them and maybe I will do more research about them so if I have chances to invest I will grab it. And, I guess they also have great potential in the future so let's see what will gonna happen to them.

If you only wanted to play safe with alt-coins why not go to the famous one's like ETH second greatest crypto and always on the top list.
XRP,DASH and also LTC who have also proven their existence and doesn't go out of the top listed crypto?
They are much more better than those Bitcoin Forks.

All bitcoins on your list are shit. And those who have invested in it will certainly receive defeat. Take a look at the charts of these altcoins, the price drops too much and there is no volume. Stay away from these projects as far as possible if you don't want to lose money

If I think not all Bitcoin forks we can rely on to invest because besides Bitcoin is very difficult to rely on, then if I prefer an altcoin that already has the potential when compared to the current bitcoin fork, eg ETH, BNB was Very good for us to invest because price movements can be seen for now, so if I prefer an altcoin that has potential in comparison of Bitcoin forks.

There is such an option, sometimes I also make investments in Bitcoin Cash and it turns out to make good money, but somehow I didn’t work with the other forks of Bitcoin and I don’t really want to, but I’ve been familiar with Bitcoin Cash for several years now and constantly invest in Bitcoin Cash.

Well it is indeed right to be sacred at most altcoins when taking into account the number of them that keeps coming up everyday. Contrary to your list, in my own way I find it more welcoming going for other major altcoins like XLM, ETH, BNB and so on than these once you just listed. These major altcoins I referred to, at least to an extent we have seen their ways of aiming for more growth and almost everyone knows or holds them. As these Bitcoin forks hardly have I seen where it is highly discussed and so on. Am not trying to counter your opinion but rather am just stating mine..

I join the first who answered you in this thread. I do not see any difference between the forks of bitcoins and alternative coins.
Bitcoin is a kind of core, the main coin around which everything revolves. All Bitcoin forks are only miserable parodies, while some alternative coins have really great potential in terms of the future blockchain technology.

I have the same impression.There are a lot of promising altcoins and if we are talking about bitcoin, then you only need to invest in the one that Satoshi Nakamoto created.

Any one that has fear to invest should avoid crypto currency investments

That aside, any investment should not be planned on the bitcoin halving, you must have an alternative info that such token has chances of success even after bitcoin halving

Continue your researches and ensure the token is not dependent on only bitcoin halving to moon

Bitcoin, altcoin, or coins from bitcoin fork, all have risks, it makes no difference. Of course, there are some things that make it more special. The key is to analyze and get the right timing for buy, hold and sell. Studying the previous history is also important to strengthen the analysis and so as not to miss a moment. Like right now, I think it's the right time to buy some other strong BTC and altcoin, and follow the mini Bullrun before halving. Is history always repeated? no one knows until it actually happens, so it doesn't hurt to get ready.

Why invest on Bitcoin forks when you have Bitcoin which is more reliable that them? When you say Altcoin investment then you will go for something that follows Bitcoin movements but exceeds the percentage of what Bitcoin can do since it is cheaper than Botcoin. The profit that it can bring you will be better that those vokns that only follows the prices and percentage of Bitcoin. Look for Altcoins that will give you higher profits but expect higher risk.

Do you think other altcoins not very responsive to bitcoin movement? And how do you determine good or bad ATH?
We know that all altcoins commonly respond quickly related to the improvement of Bitcoin, except stable coins. The simple thing that we can when the Bitcoin value rises, all altcoins usually follow the trend. And regarding the ATH, I think all coins have good ATH, especially top altcoins.

I'm still confused about the title of your thread and its relation to the content of the thread.
Well, actually, it is normal to feel scared. To overcome this situation, only choosing the trusted altcoins may be a good decision. But, should it be only the coins from Bitcoin forks? Are they really worth it to invest or trade? So far, I love some altcoins that have a great value and worth to invest, such as ETH and some altcoins that really have real use case. 

The Op is not talking about a coin superseding bitcoin but rather a list of a coin that offers a good return on investment if traded. I do not know reason why he has selected this but I think base on his claim that they are fork coins, their price might go up anytime as it has happened before and also due to the upcoming halving, he is believing they might be one of those coins that can undergo high price. I think this is mere speculation and I do not see those coin listed special to some of the altcoin such as xrp and eth

I don't think like that because do you remember in 2017 when BCD etc bitcoin forks seemed to be manipulating the market and the price suddenly dropped? it was intentional
so in my opinion bitcoin fork is not a good coin to be used for long term trading but if you look at it from the point of view of transaction cost performance etc. maybe bitcoin fork is definitely better than bitcoin

in my opinion bitcoin cash can be a hot asset this year. starting from the pump that occurred at the end of January, and now back down again. but it is a sign that bitcoin cash can go higher. I don't think it's easy to choose Bictoin Cash as another option for investment.

I personally am still afraid to invest with Bitcoin fork coins, I prefer other Altcoins like BNB or LTC. Instead of investing with Bitcoin fork coins, it's better to invest with Bitcoin which has a stronger foundation and their community. But the choice in your hands.

i would not buy bitcoin forks. i would hold bitcoin and have new forks for free.

I will only buy alt coins that are very low in cap which have strong tested development. I have pivx and bitbay. Byteball looks below value. I am accumulating several other alt coins but btc is always my favourite

I think bitcoinforks will be outperformed by my choices.

I just want to focus in this part, most of us only see and want big profit without understanding market is unpredictable, no one knows the future. People use their optimist and big fund to replace order, underestimate is totally worst. They want market follow them but I'm sure trader/ investor should follow market trend. Their ego make bad action, such as not use stop loss and money management. Fix mindset first and doing research for your plan, follow it and fix the mistakes, that's it.

Investing in BCH can be very risky, if you ask me. It has gone up quite a bit so far this year, but the spike was mostly due to the drama surrounding Craig Wright's court case and its outcome. The coin is doing well when compared to the other coins, as the low transaction fee makes it attractive for the users to make payments. But the roll out of ETH 2.0 can hit BCH in this sector.

This Bitcoin other version are always be connected with CW and it's risky assets to hold if you will be placing your money in the wrong timing. BCH would be great if you are good in scalping around, buy low then sell high and continue repeating the same. It will be very beneficial to your investment if you able to execute the right timing.

Bitcoin forks are only good for long term investment, seriously you can watch your portfolio lossing value in a short period of time, as good as BCH and others are they are still dangerous to invest money on compare to bitcoin

I think if you scare to buy altcoin, you can purchase bitcoin ;D

No matter how much money you will have to buy bitcoin, you will see that your bitcoin value in fiat will be up and down. And sometimes, when bitcoin price can increase, you will see the increase of the value will be bigger than the initial money that you used to buy bitcoin. But if you invest in bitcoin fork, no matter bitcoin price is down, the price of every bitcoin fork will go deeper than we can expect. But that is one risk that we should accept, and we need to know that the price of bitcoin fork will always follow bitcoin price.

Im looking for alts that are good to hold for long period and im seeing other alts like eth and ltc as suited for what im looking for. Well for me bitcoin forks are not good for long term investment. I can go for bitcoin instead of choosing these coins that only a clone of btc, so why risk your money in not established coins? Well we have different preference anyway.

I am sorry but I would go against your opinion, I believe bitcoin forks does not have a good future and if we keep supporting bitcoin forks that is tantamount to not supporting bitcoin, their short term movement that they follow bitcoin movement does not guarantee their good future, so IMO, it better to invest in altcoins with original idea like ETH and BNB, these two I trust more.

I suggest stay away from all the forks of bitcoin. These altcoins are just a split coin from btc which eventually doesnt have any real use case or worse just created to toppled bitcoins reputation. Especially bitcoin cash and bitcoin sv. These two are not what do you think they are. Projects under CW and RV will definitely a centralized aproach to more investors.


Even for long term I wouldnt trust a single dime on these forks. Why do you think they will bloom as btc is more superior when it comes to tech and adoption? Dont waste effort and money on these projects.

I wonder why you did not put your money in bitcoin but in imitation.
what makes you believe this coin will be good for the long term.
if you are looking for short-term benefits, maybe that can be achieved.
but for the long term I still doubt it, even though bch is rated above cmc.

Going for altcoins is a risky proposition for a new investor entering the crypto market due to the sheer amount of altcoins present in the market and also the new ones which seems to be keep appearing almost everyday. Add to the fact that most altcoins aren't listed in standard exchanges makes it tougher to buy them and also mistake prone.

Among all the hardforks of btc I think bch is so far has the one with great platform and can also keep up with yhe original peer to peer approach that Satoshi's dreaming for everyone. Altcoin is the term even for btc hardforks but I hate to say that most of them are useless only few or even bch alone can be useful IMO.

please. May i ask if all these altcoins will join the bitcoin halving this year? if that is the case. i sugguest it is good for short term investment. rather than that, we all can focus our attention to the main crypto with is bitcoin and ethereum. the rest can wait please. Nevertheless, i am yet to see any quantifiable reason for the halving. it just don't make sense for a valuable to break into two. the burning process is preferable.

Nope, they all have different time that the halving will take place, some are before Bitcoin halving and some after Bitcoin halving like Bitcoin diamond halving that will happen later in Q3 of this year I think

Every investment one tends to do in this space must come with a clear understanding of what he wants. There have been little to no discussion about all these Bitcoin forks, at least from my own view, the only one which most people can talk about is Bitcoin cash which shows that despite the fact they are forked from Bitcoin people still prefers the original as it comes with a unique idea. To make it more clear, there is less urge to invest in these coins which have been channelled to altcoins like Ethereum and the rest because they tend to present better use case. I prefer going for Bitcoin and if the need arises for altcoins I prefer Ethereum.

BCH is really good for investing, but coin is still very much dependent on the price of Bitcoin, so it is uncertain about the future of this coin. The crypto market is very volatile and just having bad news will put you at a great risk of investing. However, if you have a reasonable and not greedy investment strategy, you will succeed with this coin because BCH can help a lot in our lives.

Yeah they can prove to be fruitful but only after bitcoins peak i think and the next bull cycle is just starting at the moment so if someone invest in the fork coins right now i think he has to wait for 1 to 2 years more to see serious gains while investing in quality alts can also produce good returns over that period and we have plenty to choose from in top 25 list so it is also a good option.

unfortunately at the moment given the market conditions that can vary from one second to the next, altcoins are no longer a good investment, for the moment we must focus entirely on bitcoin and on the stake of stable coins to make a profit, in the future we will see .. .

There is no such thing as safe when investing in crypto, it maybe a high risk but with proper research they can surely find a good altcoins to invest.
It's given that majority of the altcoins are shit coins or what we called scam coins but there are still hundreds of altcoins in the market that has a good potential, one good strategy is to invest on the top 10 altcoins in the market, sure there's at least 60% chance that you'll grow your investment.

People will keep being scared to go for altcoin because of the too many scam projects we have out there today. I personally an not beat my best for any altcoin for a newbie in cryptocurrency before. Bit coin remains the only trusted. Don't get me wrong. I am not saying others can not be trusted but I ant just beat my chest for them.

in my opinion all the Alts that you mentioned are programs from Bitcoin and they collaborate with bitcoin. bitcoin remains the father of all of them but still halving will affect the price of this bitcoin child. so for investment I will still use bitcoin.

Seeing the decline in the dominance of bitcoin in 2020, in my opinion altcoin experienced an interesting price movement. Maybe not all altcoins, but altcoins with large transaction volumes have seen prices start to strengthen. I think there is no need to be afraid if investing in altcoin as long as we choose altcoin which has a large liquidity and is actively traded on the market

The likes of those coins mentioned by OP is good. Well investing in altcoin is very profitable if you invest in a good one, with a good entry point but when it goes against one, then it could be a long wait,that is why I would rather go for bitcoin itself for long term hold, also proper research is needed before any investment in altcoin

I believe that the opportunity is big on the most top-ranking altcoins in the market and not just limited on Bitcoin Fork coins, Its no question that the All-Time High price of those Bitcoin Forks are good too but it doesn't mean that they are staying on that same level, again and again, thats why it's better to diversify our portfolio for the better.  

Why not just stick with Bitcoin?
If they are afraid of alt-coins then why should they try those fork or Bitcoin clones?
What made them so different from other alts?
I think if they are afraid in alt-coins they just need to stick with Bitcoin.
Besides there are so many other top crypto other than those fork crypto's onlyBCH and BSV manage to be put on top 5 so I think there are other better alt-coin than them.

Most of the listed coin is shit.And Bitcoin Cash is the biggest shit in crypto era.I specially hate this coin.I will never buy these token.better I will chose others altcoin. For example ETH,Bnb,EOS.there are lot of better coin which will give us better roi. Specially I have no interest to buy bitcoin fork tokens. 

I think your list is popular altcoin, people still interesting with them and I think worth for investment. Scare, worry and angry is trader/ investor psychology, that's normal but must have solutions. If you replace investment before halving you will meet challenge to reduce risk bigger than invest after halving. I think invest should doing after halving, we can see market direction clearly without correction.  

Bitcoin Gold
Bitcoin Diamond
Bitcoin PrivateThese are the 3 craziest altcoins I've ever known. How can you appreciate these projects? even its price hasn't increased for a long time, and it doesn't have any volume. I will never invest in these projects because in the long run it will surely die, worthless projects and only serve the purpose of pumping and dumping

Yes most people are scared to get in alts after couple years long downtrend but then again every downtrend provides good entry opportunity so i think good coins have a chance to boom really quickly when their time comes, some alts that are looking attractive to me are neo, ada, xlm and obviously Eth.

   I am not scared to go for alt-coin, I am going for alt-coins for more than a year. Give or take maybe I would be better with just two
investments Bitcoin and Ethereum, they rise, some alt-coins I have dropped a lot and they do not show any signs of recovery.
   Follow the first rule of investing, invest only what you can afford to lose. When I invest in certain alt-coins I don't invest huge amounts,
I invest what I can afford to lose even if they go to zero.

Indeed, however, just only few altcoins who are worthy of our investment because it is the fact that most of the alts are shitcoins and cannot give a decent profit as what top ranked coins can give. Regarding on the post of OP only the BCH among other coins in the list that is getting a good position in the market thus Bitcoin cash would be kinda profitable.

I don't like bitcoin fork and I think that bitcoin is far better than bitcoin fork so don't have any interest in those. Though people have their own right to choose what to trade I think there are a lot of other alts that have much potential and is a very good investment plan. I think Ethereum, Monero, Golem, BNB is a very good coin to invest in.

Many call 2020 the year of Ethereum. I believe that Ethereum will cost more than $ 400 this year. Even if the price of Bitcoin does not rise above $ 14,000.

I don't like so much bitcoin fork actually. If i want to show some interest any of them then i would pick BCH, nothing else. Other's coin are not to much worthy for me. You are right on your point that those coin can pump if bitcoin will pump (in halve). But why people would choose those fork coin over bitcoin. ;D And there is still lot of altcoin better than those fork coin i guess. ETH, BNB, LTC is more worthy for invest than any bitcoin fork coin.

same here . if there is one fork coin i choose that will only be bitcoincash   . no doubt because bitcoincash are now one among of the top coins  . other thing i like with it is its value that so huge   , the coin has a second large value next to bitcoin   . altcoins are not that really scary  because many altcoins are good  .  by the way , is bsv also a fork coin  ?  bsv is making a name lately  . i think its also worth it to grab the coin while it still hot  . you never know what if this coin are going to remain most of its pump  , like bch .

Bitcoin forks are altcoins too, so you can't compare these altcoins with the Bitcoin. But I agree with you that these forks coins are very responsive to Bitcoin growth. In every bitcoin price growth, I saw BCH, BCD grew well! Recently the BCD growth was incredible! So, for making profits yes I believe these coins are good for a limited time, but I won't suggest people buy it and hold it for a long time, rather sell at profit and get out!

each person has his own coin. It doesn't matter if you don't like the forks of bitcoin, but you must be prepared to lose the opportunity to make a profit. however, the coins mentioned are also quite promising, so no matter which one you choose, as long as the time is right, it is already very good to be an investment.

The support of all the other people to the bitcoin is really amazing that makes it really unbeatable by any other coins out there. Altcoins are having a hard time to recover when the their prices suddenly drops. Unlike bitcoin that has the ability to recover faster than any other coin because of the support of its investors.

I had invested in bitcoin gold and cash, but for now it seems I don't really want it even though their coinmarketcap ranks are pretty good and are widely used by the community/investors because there are many other altcoin options that can get a lot of profit. And maybe in the future there will be some other altcoin (bitcoin forks) that will appear. :D

Your consideration for investing only in bitcoin is very good, but it doesn't hurt if we try to make a little investment in some altcoins that are supported by bitcoin, because when bitcoin experiences a price increase, the top altcoins will experience the same thing, and that is very good opportunity i think.

No need to use sensational words such as "scared". Investors may be a bit more cautious with the relatively smaller coins, after all the scams we had recently. You can't call them cowards for that.  ;D

If you check the exchange charts, it can be found that there is still a healthy demand for various established cryptocurrencies such as Ethereum, Litecoin and even Binance Coin. But the smaller coins are not doing that good.

Altcoins are alternatives to Bitcoin and although I wouldn't put everything up to the BTC, the truth is that most altcoin prices are influenced by the BTC.

But still as a person looking to invest in the future I would also depart from BTC related altcoins. This in my opinion broadens my investments and increases my chances for getting good returns, at times amd even irrespective of the market dominator.

But that's my choice which comes with its own risk, so I suppose so long as you make calculated risks and you're comfortable with that then don't panic or be scared!

There already are hundreds of forked coins so I am not really sure if we would need any more forked coins in the future as it would only flood the markets with same specification coins. Many people trust these coins because they are been forked from bitcoin and they might even have a chance to make enormous price difference in the future markets but most of such coins might even have a dump anytime.

There are a number of other potential coins which have been dominated the markets since long time which can give us stable source of income so why to go for a riskier investment? I would prefer investing into ETH, XRP, TRX, ADA, etc rather than putting my capital into these forked coins.

In my opinion, altcoin which have been forked from bitcoin doesn't offer any better incentive than bitcoin. I would rather invest in Bitcoin than settle for altcoin from bitcoin fork. When looking for altcoin to invest, I'll prefer to go with ethereum and tokens with sound projects.

In that case I'm glad that I have registered to get some airdrop from BITCOIN BLACK.

There is a fork last year which were rising so fast which is the BTC2. AFAIK it quickly hit $25 before its price corrected itself. Its amazing how good the project is because anyone can earn it by staking as well. But I don't know if I'd be scared to invest on ETH and EOS and LINK since these are the assets sticking their spot on top.

I think the safest among them all is BTC why you put your money in various types of imitation coins.
I prefer ETH or other alt, maybe there is a little bit for BCH.the rest remains at BTC.
although miracles can happen on crypto but i'm not sure besides the bch and BTG that you saved. because the track record is bad until now.

Yes it is. And it forked at block 556766, 15 November 2018. You can read more details here (https://en.wikipedia.org/wiki/List_of_bitcoin_forks). It's remaining the top 5 altcoin that not means it'll pump or give you a huge profit. If that project is much reliable then investing on that is may be good idea. Other way stay way form it is better option.


That's sucks. :o :o Another disaster story of crypto currency. I just saw the news (https://cointelegraph.com/news/bitcoin-cash-faces-slow-death-after-alleged-30m-hack-commentator). Strange thing is it didn't effect on BCH market yet. Why is that. ??? ???

Don't say bitcoin forks offer better retains, sometimes when have an open long trade, like we seeing now, you could hardily bank on bitcoin fork as they may take a much longer time to appreciate in value along bitcoin.

Forks of bitcoin also have a right to exist. Since Bitcoin is improving very slowly, people have the right to experiment and try to improve the existing cryptocurrency. Some forks have better functional characteristics than the original bitcoin. Therefore, the entire cryptocurrency must develop. And which cryptocurrency to invest in is the right of everyone to choose.

I personally hate the forked coins but not all of those. I might diversify my investments into Lightening bitcoin and Bitcoin cash but am not really sure about the rest forked coins. These coins usually have huge price because a vast community runs behind those coins just to make quick profits but once the whales move out of these coins, they start dumping. Sometimes that dump might even be quite quick and might even reach the bottom which would get difficult to recover again.

Only considering this situation, I stay away from investing into such coins. These coins have demand which keeps the price on the higher graph but we could never predict the future demand of any coin. The moment they start losing their demand would be the time when the price would start dumping.

Everyone has their own research and analysis so which coins will be suitable for investment this year. Indeed, apart from the coins that the OP mentioned on the thread, there are still in my opinion some coins whose price increases have started to be good since January 2020, like ehereum, LTC and other coins as well. So yes, all of your own choices.
 

I think one needs to be fearful about majority of altcoins so as to make sound and better decisions when investing in any altcoin. Most altcoins today, holding them it's just a waste of time because they will only lose value until it becomes worthless and the team comes up with an excuse to shut down the project. Talking about these Bitcoin forks, am not a fan of them because I prefer going for the main deal which is Bitcoin. How many people are even using the services these coins offers; in my own opinion, I think if really these tokens intend to offer good services better than that of Bitcoin then everyone should be talking about them but instead when discussing altcoins it tends to center around Ethereum, BNB etc. In addition, if am to go for them, I can only invest in BCH.

But it still might happen even though in the same reality, I really don't want to invest in coin hardfork because it's enough that I cut loss when almost all of it dumps. After that I think again I better invest in altcoin compared to coin hardfork. There was a desire to return to invest when BCH and BSV reached a fairly high increase but I undo that intention.

I think ethereum, will be a lot stronger project this year as their maij objective and dApps projects are increasing. Dont be scared to venture to those highly appraised project IMO. LTC also started to increase, maybe due to their progress. Anyway those two you mentioned are really good for me.


Why chose bitcoin cash and not straight go for bitcoin lightning at all? I think bitcoin cash is more close to being rekt as this project indeed are working on taxes which is likely to ruin the original bitcoin protocol reputation. Anyway altcoins that related to fork of btc isng advisable for me.

Your concern is not just about altcoins by about forked coins. When my understanding is right, it is good for you to get scared of those coins as they may have or may not have definite future, it is always better option to risk only what you afford to lose.

But at the same time, BCH and BSV are heavily backed by some big whales who may manipulate these coins up to any level they might want to, like how XRP is doing for years when it was ignored as a shit-corporate coin by this community. I mean even most of the forked coins are known for no use case but they bring you decent profits when they do dramas of pump and dump.

I don't think I need to be afraid to invest in altcoin ranking above, as does ethereum, where hardfolk fail many times, but I still faithfully hold it because with trust and a large community, it will be a force for altcoin to continue to exist, because without any manipulation

I recall those days when ETC was heavily pumped from trex and polo as the drama of being the original ETH was raised. Your statement impacted this
market, as there are big whales behind those coins that you have mentioned, it's a matter of good timing and willingness to take chances together with
handling good management with the risk factors that accompanied by projects that you'll going to support.

Alts that have good backup teams will continue to move forward and will keep trying to find success from this market.

holding altcoin that have huge community will make its price stable and keep rising. there is no reason why we should affraid about it. i know sometime when market suddenly crash, many holder sell it.but after this price slowly recovered again and back to initial price before dumped. but different condition will happen if hold shit token, when it dumped it will difficult to recovered again.

Yes, basically everyone clearly likes bitcoin rather than altcoin generated through the bitcoin fork itself, just for investing in altcoin I suggest not taking on a new token project, because new tokens are often unable to compete in the market and can cause a decrease in value.

Well, it is undeniable that there are lots of people who are afraid to get into investing with Altcoins because of the generalization they here from the other members here in the forum. Many are being scared to try getting into Altcoins because they think that what the crowd say is the only truth in this crypto space we are all into. We do have different perspective and experiences so let your own experience talk to you and let yourself decide based on what you have experienced and not just because other people have told you to do so. We must turn down the mindset and the concept that all Altcoins are failure and scam because that was not totally true since there are still existing reliable and legible altcoins in the market. We cannot know anything about Altcoins if we will just be afraid to face it. If we do really want to know if such Altcoin is safe or not, better do your own research and discover it by your own self. Do not be afraid of getting into Altcoins because it is not what people think always matters. It is how you analyze and observe what Altcoins can really do. Instead of avoiding it, do research and let yourself decide since it is your own sake that matters not theirs. Remember that Bitcoin is not the only profitable crypto because Altcoins are also profitable if you will be able to find and choose the right one for you.

Good afternoon everyone. What I have noticed, these days users are searching for more secured way of investing, storing and interacting. And as I see, this is also why demand on hardwallets keeps growing

Hey. Well, I have also noticed that demand grows, but I was searching more on advanced products available nowadays and it was really difficult to find worthwhile solution. I mean there are so many, so it appears to be more difficult to choose

Agree with you on your statement. And this is why it is always better to choose, based on objective ratings and recommendations

Talking about you, are you aware of any advanced solutions available on the market? Cause I am definitely interested to hear your thoughts

Basically, one of the most advanced and fully working product I am aware of is definitely GetHashWallet. Guys are coming with fully working, advanced and reliable hard wallet that meets all current requirements. There are great results so far in different spheres, for example, they are about to have a campaign on Indiegogo and going for arrow certification. And of course, I also recommend you to have a look at their website, cause there is much more info available

This from your words sounds very interesting, will have a closer look and get back with my thoughts afterwards

I did not understand why you are investing in these altcoins? If anyone wants to invest in Altcoin then first research the market price of your desired altcoin.  Otherwise, you will not benefit. There is no decade to invest in all of these altcoins. Do research on market  top altcoins .

I'm not agreed with you. There are some coins which are more profitable than you mentioned. As like Tezos, HedgeTrade (HEDG) Ethereum.

in my personal opinion if you want to find or invest money in the form of altcoin that is prioritized in advance such as the highest altcoin among them are ETH, EOS, XRP, and BNB. I don't really like coin forks, BCH, BTG and the like. I prefer the top altcoin investments and have been widely used by investors.

Everyone chooses their priority altcoin in their own way, just like you, whatever the reason, then you know. for me the current level of altcoin that is good to invest is altcoin with popularity and good volume in its scalability, as well as tangible evidence of their platform to drive price movements on the exchange.

I do not really buy your idea because there are coins far better than some of the bitcoin forks you mentioned . Although they are good but not to classify them as the best. What about ETH? What happened to XLM, EOS, BNB? These are top coins and there are some altcoins that are better with good volumes too. It's your choice but not best in the market.

I respect of what you are believing and we are different research and thinkinh about the coin we have not same also potential coin.

But the good is the other coin we have mostly think it is a potential coin so If a investors are wants to invest whar is mostly are same potentisl they can invest to them.

most bitcoin forks are just to ride the popularity of bitcoin. just want to attached the name of bitcoin. if they believe they can make a difference, they can create their own blockchain and not use the name of bitcoin. look at how many bitcoin forks we had, how many of them are still in the market?
not by any means agreeing the idea of the OP. better invest on eth or other top alts rather than these scam bitcoin forks! just sayin.

For this situation you can think that this all Bitcoin fork is good profits, when we will talking about long term there will be a problem. To earn some profits in this Halving time you can make investment in this fork coin but not for long time. Without top coin I won't suggest all of this fork coin.

I agree that we have to do our own research and go through their white papers.  Because it can help us to build yourself confidence in joining projects.  Being positive people and do the project eagerly.  The top coins have less risk and that is good point of view.

Some of them are already top coins without any doubt, but I still believe that everyone should know what he/she wants. Investing in bitcoin does not mean you are going to profit from it, let alone the forks of bitcoin. Bitcoin Cash has really grown, but I do not know much about other and most times, whenever there is an upward movement in the market trend, it tends to grow at a significant are and on its own, it is quite very responsive. Yet, every investor should chose coins based on the personal perception or conviction they have about it and not what people are saying.

I honestly haven't invested in any fork coins yet and I consider the as an altcoin not as a part of Bitcoin itself since they are derived from the idea and concept of BTC itself. In terms of speed and transaction fee I believe someone already said it XRP would be the most ideal.

IMO those are the worst coins to invest, try to look for coins with better developers, more activity in their github... besides many other thing, like monetary policy.
Those forks are dead coins.

If you are scared, then crypto currency is not for you at all.
Because either you stick with altcoins, bitcoins or even bounties; with the fear in you, theres a tendency to never learn and you keep making the same mistakes over again.

First set your heart to be ready for the challenge that investment brings, then you go for it.

Or he can choose bitcoin as the investment, and don't use bitcoin to trade if he is too scared. We should know how good we are in trading, and if we don't have better skills, we can skip for trading and only focus on the investment. Many people stay away from trading altcoin, but they can invest in bitcoin so that can help them to make money. Although they cannot make a profit every day, they can make a profit from bitcoin, which will be a bigger profit for them.

seeing that prices sometimes go up so high, it makes me interested to invest too. however, to be honest I also did not invest in coins from the fork bitcoin. however, so far I have only focused on ethereum. sometimes I see that the price increase that occurs in the forks of bitcoin is very high, but the price increase does not last long.

I have done a well research and the bitcoin forks you listed are one of the worst performing and ones without any development. They are not anywhere comparable to popular bitcoin fork like bitcoincash let alone bitcoin. If you are going to diversify your investment away form bitcoin, do it on proper alts than a bitcoin wannabe. Go 75% on bitcoin and give 25% to coins that are not SHA256.

Bitcoin forks offering better performance that Bitcoin is very surprising to hear. However, everyone's opinion is respected. For the profit I trade Bitcoin forks . For low capital traders , some of the forks are good for quick profit in an uptrend and very bad in downtrend. You need to trade with care.

They're might be a good choice since like you said they have taken out from bitcoin it does not necessasrily mean that you have to count out some of the altcoins that are performing better than them not only coin value but in other over all aspects as well. Still your choice and everyone is entitle to make their choice and decide for themselves.

People don't like Bitcoin forks that much but believe there are few good ones out there, even Zcash fork 'Zclassic' is a very good altcoin that changed the life of my friend in 2017, no doubt some forks are scam but the popular ones aren't, dyor

It's some kind of horror how Altcoins fell in relation to Bitcoin. I don’t understand what is happening, because Altcoins are also attractive for investing. But for now, I will choose Bitcoin! 8)

If you're buying cryptocurrencies based on the fact that they're undergoing a forced scarcity boosting event, then you will soon realize what a pleb you are.

Just because something gets rarer, doesn't mean people will suddenly want it, or that it has any utility.

Bitcoin Diamond and Bitcoin Private.... Really? These cryptocurrencies are barely used by anybody now, and I can't imagine that will somehow change when they become twice as hard to get.

In general, I'd stay away from any cryptocurrency that aims to artificially reduce its circulating supply. These cheap tricks don't usually lead to price improvement.

Barring BTC, of course.

These are just big pumps made by those who control this market, the price will quickly go up but it will quickly collapse soon after. If you invest only for profit, you can track and invest in it, but for long-term investment, I believe you should choose Bitcoin and ETH.

Most of the Fork you mentioned were developed to compete with Bitcoin. When Bitcoin cash came out the promoters talked so low of Bitcoin itself but necwe  achieved their aim. Fork price could go down and not all time high again.

No coin can ever be like the king, which is Bitcoin, therefore if it isn't Bitcoin that means we are to chose from the whole lot of altcoins out there. In my own opinion, I see these altcoins as same with others, that is, just as I have my reservations about some other types of altcoins in the same way I have my reservations on these Bitcoin forks; a good number of them are hardly heard of. Nevertheless, apart from Bitcoin my other preferred and best altcoins are Ethereum, Stellar, ADA, and BNB.

Altcoins are not bad like what others think. There might be shitcoins existing but it cant deny the fact that alts are profitable investment as well though its quite risky compared to bitcoin. If ever I have a capital to invest I will rather choose a top coins and will allocate big portion to bitcoin.

Speaking of success in 2017, indeed, almost the average person working at crypto in 2017 experienced sudden glory, regardless of whether or not Bitcoin Forks are in use, but in 2017 Bitcoin also increased after Halving in 2016. This also you must understand.

Agreed. These are pointless forks with no real use-case. It's all about trying to grab some money through association with the bitcoin name.
If you want a good alt, then look for one with a real use-case. Ethereum obviously being a good example.

I never care about these coins, I have no sympathy for them. They succeeded in the past thanks to the glory of bitcoin, they rely on the name "bitcoin" to survive.

And those coins are forked, not too much glory in that! I like many alts, I gamble with many alts, have fun staking them, voting, or just keeping them for the future. There're good alts, who denies that is crazy, and many of them are doing a great job in last few years, yes the price doesn't reflect that, but rewards will come if they continue with doing things on the top level!


And that's why most of them will fail, they didn't try to offer something better, they just made a copy of bitcoin and made tons of cash in very short time! I had some profit from these forks, but that doesn't mean that I have to like them!

altcoin will always provide a very high risk, therefore trading on altcoin is just people who are brave and are ready if they are stuck at high prices, but behind it all altcoin can provide a lot of benefits because the price of altcoin which is still very cheap will provide altcoin price movements are very fast and can provide many benefits for those who can take advantage of price movements.

whereas if only trading on bitcoin the profit will be very long because the price of bitcoin that is already too expensive will make it difficult to raise the price of bitcoin.

Among Bitcoin forks, I trust BCH (Bitcoin Cash) more than others because I trust investors more. In addition, not many Bitcoin Forks are listed on large exchangers and Bitcoin Cash (BCH) is a Bitcoin fork that listings on almost all exchangers

The risk would be even higher if you invest on a altcoin with a bitcoin name on it. Huge profits doesn't come with low risk, you need to take huge risk if you want huge profits. You can still make a good amount with bitcoin if you have a huge capital.

The bull run brings a lots of hypes to each Alts who rides up most of the time, Bitcoin start the rally and once investors already gained huge amount of money they will find diversion and start hyping each coins that they've seen potentials. It's tough to follow since artificial movements can be created by big bagholders to trapped newbies and those who are not paying attention with rightful information.

Investing in scam coin because they are bitcoin fork is not a good judgment of an investor because these coin creator planned was to use the fork strategy to make investors believe their coin worth investing their money.
Speaking of bitcoin cash significant grow in price, it was an act of price manipulation played by Roger right from the coin existence and as Leatutz advised i will say seize the chance of the coin now that is green and dump when the time is right.

I don' t like the coin who is came from the fork because if I compared the other altcoins compared to the fork coin other is more potential.

Just like ethereum it is more potential even the coin have name of the bitcoin and I think it is not scared to invest to the altcoins as long as it is potential and for sure it will rise.

It seems like you have a different judgment about this, because there are some coins that come from Bitcoin forks, so it looks like a good breed and they are basically not bad, and it's not just using the name Bitcoin.

Altcoins depend on Bitcoin for their Fiat value it has been proven many times. There are some which are basically Bitcoin forks but half of them have already died and only few are left. Hence it is foolish to compare Bitcoin with Bitcoin fork coins or altcoins.

If you want to know how many coins were forked from Bitcoin just google this keyword "Bitcoin forked coins" and you will get the list.

I do not follow recommendations especially when it comes to altcoins, there are many shitcoins around the market and we can lose huge amount of money if we are mistakenly invest in a coin that have no value and that is why the risks can be lessen if we will invest in altcoins that have good volume where we can say that entering and exiting in a trade is not hard like those shitcoins that have wide spread in bids and asks lot.

no need to be afraid as long as you hold the top altcoin or who have been listed in the top 10 on CMC. there you can find good investment options such as Ethereum, eos, tron, binececoin, stellar etc. less risk of loss compared to altcoin fork or altcoin which is difficult to develop.

I think you have offered fair and considerate alternatives, and it is very commendable, The truth still remains that bitcoin gold, bitcoin diamond, bitcoin cash, bitcoin private and lightening bitcoin are altcoins indirectly; the only use case i am aware of is that they are btc forks.

Cheap price is encouraging truly, but always do your own research, because when everyone buys the bottom; there are turn of events.

That is the risk you are taking when you are becoming an altcoin trader. If you purely trade on stuff that are more certain like treasure bonds you are not going to make a lot of money, you are going to get a small amount but sure amount of money, if you trade stocks you are going to make more money if you are lucky but there is risk involved so you could lose as well, even warren buffet lost money some years.

When you trade bitcoins you are going to probably make more money but there is even more risk, you could make x2 in a year or even x3 in a year but you could lose 50% of your money as well. When you go down to altcoins it is getting even riskier, you could make like x100 from it if you are super lucky, but could destroy all of your money as well. So it goes from more secure but low to more risky but more profits, all depending on how much risky you want to take.

when you store assets in the form of altcoin with a very large amount then it will give you a very high risk, you should have altcoin not too much enough 1-2 types of altcoin that is very potential alone is very enough.

indeed in altcoin will only provide a very high risk but you must know that from altcoin the benefits are very fast and can get a lot of profits when prices go up therefore at least take advantage of trading on altcoin as well as possible and must be patient.

It is only good for the courageous. Those who do not have the courage to invest in altcoins then to shy away from it and if they are forced or coerced to invest, they might lose due to fear.
One of the easiest, but the riskiest way of man=king profit is through altcoins. There are some of the altcoins that you can never predict their end. In fact, some of them disappear without notice.

Yes, and this is a very good suggestion for crypto beginners or beginners who want to trade, because those who are experienced will certainly consider the risks when storing assets in any form, including in the form of USDT.

I'm not scared to go for altcoin, I know the difference between top altcoins and new altcoins but things have changed since last bullrun in 2017, Bitcoin is the only coin surging since 2018 till date, only very few altcoins surge in value, it seem that altcoins can only surge higher if Bitcoin hits a new ATH

It requires for you to know the altcoins to put your money on, there are few good alts in the market still, just don't invest in new altcoins or new projects, most of them are scams, bnb, okb, neo, link and some other few still worth investing on,
All this project have a good support from the team and have use case that can create a demand.

if you choose the top coin I think the level of risk will be able to be controlled rather than choosing a new coin, for that beginners are advised to buy the top coin and always follow the development of the coin they buy so as not to miss the moment of rising prices

do not want to take a high risk, so I personally prefer altcoin only top like ETH, XRP, EOS & BNB. I don't think this is a bad choice.

You have a point in those Bitcoin fork could have a chance in the wave of Bitcoin halving. But in terms of altcoins, those are very unimpressed with nothing new or interesting about them. I disagree with your advice that newbies too scared of altcoins to invest in those coins.

Without risk, it is impossible to make profits, the altcoin will give good profit if we choose them wisely. Choosing the right coin when the market is in a downtrend and it will help the coin to recover the coin very quickly. Researching and choosing the right coin will help us to make a good profit.

Thank you for giving keywords to search on Google for "Bitcoin forked coins", but I don't think someone would look stupid if they started comparing Bitcoin with fork coins, because the comparison is also done to look for more knowledge in the field of Bitcoin and what the other.

for now it is better to buy bitcoin because in a few days there will be halving btc, so people will focus on btc.
but in my opinion if btc goes up then alt will also go up, so you should buy alt too but it applies to well-known ones like the top 50 cmc only.
or it might affect many altcoins.

I seriously can't hold any other bitcoin fork aside BCH, even though currently I'm not holding it for long term. I observed you mentioned mostly Bitcoin forks, the fact that a coin is forked from BTC doesn't mean it must be a long term project. Aside ETH which occupies a bulk of my portfolio, I'm holding LINK and a few other alts i consider gems.