Bitcoin Forum

I see the price of BTC is too high $39,000/BTC.  It takes very long for BTC to get $100,000.  ETH price is $2800/ETC and the ETH market cap is $330 million.  It takes a lot of money to double the price of ETH.  I see some alternative network like ADA, DOT, MATIC (Polygon), LINK having lower price.  It is easier to double money.  I missed the price of BTC at $1000 or ETH at $100.  I want to buy and DCA (Dollar Cost Average) for ADA at $1.75 in a couple months.  So later I can have 10,000 ADA and hopefully the price will be $100/ADA in a couple years then I will be a millionaire.  What do you think?  Thanks.

I do agree with it. When there's a coin that already got lots of marketcap and then there would be less room to growth. The top 10 coins potentially to did the same like bitcoin and ethereum. Imagine when binance can increase even higher than before and it would be touching hundreds of billion dollar MCAP.
That being said that investing in the low cap coin to get more chance to make a profit from our money. That's why investing in the low cap coin like ADA, Matic much more preferable right now.

LOL, you didn't see that Bitcoin reaches $64,000? what do you call that?

All the coins that you have mentioned has gone to reach all time high as well an of course, they are cheap compared to BTC and ETH and you can make a lot of money, but don't forget that it can go down hard one day. So they are good for short term profits, IMHO, as the risk is too high.

altcoin market chart usually follow bitcoin, it's good to have altcoins that have great potential
that doesn't mean bitcoin or eth isn't worthy but we just adjust the funds allocated

I saw BTC went up $64,000/BTC and went down to $39,000/BTC.  I think the smaller altcoins have more risk so I use DCA for safe.

If you are a wise investor then the thinking is like this. But some are conservative one and wants a safer play and thats btc and eth. We all knew that these top 2 coins are the bone of the market and once it goes to the top eevrythings follow and when they dumped mostly get dumped on twice the degree btc would get hit. So better to balance the portfolio like have eth and btc and some alts so you would not regret not having a slice of every pie.

BTC can be bought in fraction buddy. You don't have to have $39K to own BTC some users here even have 0.002 in their account, it didn't bother them at all. But sure altcoin is an option for everyone. You just have to watch every step you make when the market is selling because altcoins are more volatile actually all are volatile.

Among the 3 that you mention, its MATIC (Polygon) that exponentially goes up too fast. I could have bought some of it when it was below $0.10 but did not.

Remember they are just alternatives and most of the smart money doesn't really evolve on them. Though there's a possibility they might take over the leading coins right but I don't want to take higher risks it's always on the safe side to have your portfolio much on BTC rather on alternatives.

Maybe later you will realize this that what you want most in this market is BTC or ETH, not altcoins. Although there is no denying the growth of other altcoins, I am sure you will find a place to help you ensure many factors such as profit, safety in investments with this market. But anyway, belief with ADA/ $100 is still paranoid :) , that's my personal opinion.

Bitcoin and Ethereum will be the best for your investment from the bottom two weeks ago. Bitcoin will lead the crypto market again. Ethereum will lead the altcoin market again, in particular the token market.

You can get more profit with smaller altcoins but in altcoin, Ethereum is the safest choice for you.

In the crypto market, Bitcoin is the safest.

I agree with DOT but disagree with MATIC and ADA. The two latter coins are not safe with temp prices. They rose too much from bottom and have yet had enough corrections.

DOT has 12% return and ADA has 4 - 6% return in staking in Kraken exchange.

Altcoins are a good replacement or alternatives for those who are afraid to take the risks in investing with Ethereum and Bitcoin. However, the current price of these top 2 coins is still worth investing in. If you're aiming for assurance, then buying Bitcoin for a long-term hold would be a wise idea.

When a coin already worth a lot of money and it will be quite difficult to increase. The smaller altcoins are very volatile compared with the major coins caused by it has low volume and it can be manipulated easily by the whales or pump and dump group.
You can see that if altcoin has been suffering massive losses due to the bitcoin bearish trend. DCA is a good way to invest in the bearish market but this method is so bad to be used when the market faces FOMO over time.
DCA has pros and cons. So many coins have been getting more than 50% losses since bitcoin gets dumped so hard.

They are both too high if you consider the total and circulating supply of each coin. The Altcoin you mention has a huge gap of supply that's why it's price is not that much high. Most of the coins in coinmarketcap is overbought so your only chance on buying the real cheap are those startup coins thru ICO, IEO and IDO.

No price is too high if you believe in the potential of BTC and ETH, maybe if your capital is small enough that the pump happened to BTC didn't have effect then maybe that makes sense

BUT, as far as it goes, BTC and ETH still highly undervalued and the whales keep accumulating it, the whales know what they are doing and that is knowing that these both cryptos are definitely gonna go up in the future.
just see how paypal gonna use ETH's smart contract while also many large investment company trying to increase btc in their portfolio, that speaks a lot.

If current price is your only basis, then you might as well buy Doge who is currently at 30 cents. I have nothing against ADA (I have some in fact) but you just don't say it's easier to 2X on Coin X because the price is lower. It took a lot of time before ADA finally broke $2 and that was probably triggered by Elon's negative comment on BTC's mining. Consider the current supply circulating, the big holders, and the project's developments of course. While I'm also positive about ADA's future, I doubt a $100 price is possible in the next four years.

When someone is afraid to take the risk of investing in btc or eth because of the high price, altcoin is a wise choice as an alternative because the price is still affordable. But now the prices of BTC and ETH are cheaper than some time ago and this could be an opportunity to invest in one of the top 2 coins in crypto, or even invest in both, and make it a long-term investment, but it comes back for every investor's perception, be wise in making choices.

If people do not have much money to buy bitcoin and ethereum or even bnb, they can select a low coin price, as @OP said, because each coin does not have a high price to be a chance for people to buy at a low price and make a profit from that coins. Besides ADA, I am sure many other low coins price can give us a big profit but you need to research to find one by one of the potential coins. Having 10,000 ADA can surely make you a millionaire, but it depends on how high ADA prices will increase later.

I don't believe in Doge coin.  Nobody do anything with the Doge coin code for years in Github.  Now Elon Musk wants to hire some developers for Doge coin.  ADA is the second network using Proof of Stake to compete with ETH.  I have some BTC and ETH.  But for BTC from $40,000/BTC to $100,000/BTC it is not easy.  ADA goes to $10/ADA then a lot of people are very happy.  I know $100/ADA is a wishful thinking but who knows in a couple years.

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If current price is your only basis, then you might as well buy Doge who is currently at 30 cents. I have nothing against ADA (I have some in fact) but you just don't say it's easier to 2X on Coin X because the price is lower. It took a lot of time before ADA finally broke $2 and that was probably triggered by Elon's negative comment on BTC's mining. Consider the current supply circulating, the big holders, and the project's developments of course. While I'm also positive about ADA's future, I doubt a $100 price is possible in the next four years.

What cryptocurrencies to invest in now is the choice of each of us. However, its price is unlikely to play the main role. First of all, you need to consider the growth potential of each cryptocurrency. It seems to me that Ethereum deserves to be invested in this coin. Even its current price of $ 2,700 is still relatively small for this coin. Under favorable market conditions, it can increase several times in price by the end of the year. This is a long-term investment. Other altcoins may have temporary gains. However, this depends on the specific altcoin.

     Well, what you are saying does make sense, even I myself have stacked up on ada, and dot plus uniswap and chainlink. This is because of the same reason as you along with the great credibility and use case of these tokens. But then again, I do not ignore bitcoin and ethereum still. Since every thing in this industry clearly relies on hype and fame at the moment. We cannot underestimate the power of hype and fame because we already seen what it can do to any coin like doge. So I suggest you still invest on eth and btc because people are more likely to push these coins up before anything else.

Your alternative options are also pretty high. I bought them much lower than now. However Harmony One is very undervalued still. It has smart contracts, cross chain bridges, 2 seconds transaction speed, very high TPS capacity, is secure, decentralised but also backed by Coinmarketcap (who is one of validators) which is connected to Binance that will endorse it. This is the blockchain to rule them all.

Polkadot is a very interesting product in terms of technology. Its development is pleasant to observe, capitalization is growing, new projects, the last with KUSAMA. We wait for it for $100. And for the least, not last crypto exchange EXMO listed Polkadot and now available for trading!

for me ADA is also too high for the current price, around $1.5 even though you see the history of ADA was worth $0.02.
but different from the matic which in my opinion is still new and looks promising in the future to be bought now.

I think your thought is very dangerous, the price is much lower than Ada, Dot, Matic (Polygon), Link, there are many public chain, for example, AE, BTM, then why dont you choose them？
The value of cryptocurrencies is based on consensus, and the stronger the consensus, the higher the price. That is why BTC has such a high market cap.

The choice of new altcoins for investment is determined by the hope of a high profit, which amounts to hundreds of percent. Even after the correction, BTC will not be able to give its investors a similar profit in the near future. But if the correction is not over yet, the losses from investing in bitcoin will be several times less than from investing in new coins.

And also the value is affected by the emission of a coin.

it looks like your understanding is a little wrong, it's not about the price but how big the chance is to go up. maybe ADA, Matic, or DOT have low prices but they have lower chance compared to bitcoin and ethereum. when the market has moved up again these two coins the first one will go up. like yesterday's rally. so even though the current price is high, but that's not a bad thing.

It is your choice. To me these levels are not very very high. Still it is a good opportunity to HODL more. But I also invested into altcoins like DOT and MATIC. I really liked both projects and see them as promising.

btc 35000 usd price


in 2019 year price 3500 usd

Lol, you don't see price of ETH or BTC doubling, but you see ADA at $100?
Are you fcking serious. This just shows me you have no clue what you're talking about, you're just looking for a cheap entry and a moon ride

I think OP you should also learn to change your mindset when it comes to investment. It's always wise to say " invest on the amount you can afford to lose" but if you aim for bigger profits, you should come out from your comfort zone.

Bitcoin and ethereum have definitely higher prices compared to other coins but you won't think investing in it the whole part immediately as you can start buying just a fraction of it. If you aim for huge returns in the near future, start taking the risk now. But if you want to play safe and makes minimal profits, then invest only on the amount you can afford to lose.

Yes you’re right about that, the coins with a large market cap can hardly double in price. Bitcoin is growing and someday it will reach a level where it will be as stable as assets like gold, and the increase and decrease in price will be way less than what they are at this time. It’s not going to be like before when people will invest just a little amount of money and cash out millions of after a few years.

This time around your investments are hardly going to be doubled, it will just be increase like 20% to 30%. Other ones like Carano (ADA),and Polkadot will have the possibilities for increasing more than 100% in some years to come.

I only buy ADA for "discount" price $1.2, because EXMO didn't have DOT on their exchange. Recently they added, but price too hight for me to buy now.

Actually, this makes sense. But, be careful in choosing the right coins or tokens. Actually, I am also doing the same, but of course, I am also holding some BTC and ETH because I do believe in these coins, Btw, in investing, never only think about the profits that we can gain but also the risks. We don't know the future. That is why be ready if in fact someday the reality doesn't meet our expectations and the price drops.

Those are all good alternative altcoins to invest in right now.

But you might want to check out XSN too. It is the native currency of Stakenet. With its current market price of only 0.2 cents, its a great bargain already for such a high potential coin. Don't miss out on this chance!

Lately MATIC has been giving a lot to talk about, in fact it had a moment where many were thinking of buying more MATIC, for now the price has dropped considerably, however it is in position 17 of the Top, I think that in the short term it will continue to be bearish , as this analysis confirms:

https://i.imgur.com/5ZAyR5i.png

Sopurce: https://ambcrypto.com/xrp-tron-matic-price-analysis-02-july/ (https://ambcrypto.com/xrp-tron-matic-price-analysis-02-july/)

The technical foundations lower the currency, but it is to be expected, the BTC has not yet recovered as expected, it all depends on how strong the market is in this short term, at any time you can expect anything.

Alts can grow considerably higher if btc reaches 100k for example at the same time the amount of risk you are taking also increases. It really depends on your risk appetite and whether you can afford it. I would say diversify your portfolio and don't go all in one coin unless that is your preference.

Although bitcoin and ethereum are more valuable they are more profitable than other currencies for investment. Other altcoins are less likely to rise as their prices fall but as bitcoin and ethereum fall they rise again just have to wait patiently.

As much as the prices for bitcoin or Ethereum might look intimidating when compared to other altcoins, they still hold a lot of potential to go up  especially that we are ~40% down the all time high, that means we have 40% to gain when you buy the dip now .

Btw other alts suggested might be a cheap option but the potential could be more than our top coins if they offer more than just a store of value.

- Bitcoin and Ethereum have relatively good stability after injuries but the profit level is only proportional to the recovery level, which means that except for a little profit from the recovery, their other efforts will be lower because their vitality has been spent more on treating injuries while other altcoins have more resources, their wounds are also relatively small and easy to close. I don't pay too much attention to altcoins that can heal quickly and recover strongly but recently, ADA is a phenomenon that has accumulated quite a lot on the chart.

Hello guys, I find this thread interesting, because although BTC is at a relatively high price, for many it is low, because it is expected that it can go up to $ 100k, in fact if the next Target they place it at $ 288k according to the S2F model, the alts is the correct way to do this, in this case I have reviewed many, but I see a special future for BCH, I clarify that I do not use this currency, I only see potential in terms of the speculative value that it can reach in the market , I have seen many technical analyzes, in this one they analyze it like this:

https://i.imgur.com/71ADpSA.png

Source: https://ambcrypto.com/bitcoin-cash-bat-dash-price-analysis-03-july/ (https://ambcrypto.com/bitcoin-cash-bat-dash-price-analysis-03-july/)

In this case, everything indicates that it may be bearish, but it is the market in general, however this currency has a high probability of rising.

Other options still have a very big room to grow, while the dominance still being hold by BTC and ETH, those outstanding performances coming from other Alts are making its way providing more success from each investors who believes and invest with those assets,

we can't tell how big the market for those progressive assets but if you are willing to hold long enough, those project can give more profits
in the long run.

It's a matter of choosing between practicality and ambitiousness, if you are willing to take the risk, you can play with other assets, but if you are more conservative choosing BTC and ETH still your priority.

ADA and Matic are more potential one then of DOT.You can try for Ada to get good investment for the short and longer time.Not only you, most of the people who get into the forum late after 2016 may lose the chance. The important fact is we can't get into the past it's sad one.

We don't need to wait for bitcoin to hit $100k as fomo among the users will trigger when bitcoin will again rebound to $50k or more. Eventually, alts will take bullish rally again just like previous months when bitcoin was pumping along with other alts. Indeed, it'll increase the risk as we can't be sure whether it's break out or fake out from bitcoin as whales could again dump to trap users for their own profits. Also we need to invest only those funds which we can afford to lose and pick up different potential alts.

You are independent to put your money where you like, each and everyone has different agenda and ways to make money. We all wants to make money, whales dive with big portion of investment while most if us looking cheap option to invest.  I have so much confidence on those altcoins, you might need to buy now and wait until it's rising.

Actually ADA, DOT and MATIC still showing improvement despite of the situation of the market and probably it's been days that i saw them in some exchanges which is showing green percentage while other altcoins are not. For me this 3 alts seems doing their best to showcase how good project and very optimistic they're when it comes to any situation in the market..

but for me in my personal opinion if i still have free money, probably i will choose bitcoin or ethereum mate, because this two were trusted and proven and tested that can guarantee profits even short term or long term.  No offence but ADA, DOT and MATIC have not yet proven anything if they can really guarantee a massive afterwards.

There is no such thing as "too high" in crypto, you could still buy a small portion of bitcoin and you could still easily double your profit as well. How can doubling your profit is not enough? I mean you could buy from around 30k and then sell it when it reaches 150k and you would have x5 profit from just bitcoin, ethereum is even better because it is more volatile and has lower volume so more easily moved as well, you could have 5x profit but you could even make 10x profit from ethereum.

Any person that says that they can't get rich by 10x profiting should either lower their expectations or should have a better capital to start with otherwise 10x should make everyone a ton richer. I could literally retire with 20x for example, it is THAT much profit and if you do not make that much profit then you should not look for it in other silly stuff.

BTC and ETH are still cheap looking forward to its future price, so I don’t think leaving your portfolio without these two is a great idea. Though I have to agree that you have to look for other better options, like ADA and BNB because there’s so much good altcoins in the market we can earn profit from that.

I still prefer to buy BTC and ETH over other cryptocurrencies, although we may find them to be too valuable to hold at the moment, but honestly we all agree that they are both methods the best facility in this market so that you can make a good profit without too much risk.

I completely get what you mean, even though btc is predicted to go higher in years to come it is still under probability, the market is unpredictable and as a btc holder you must be very patience especially if you didn't buy btc below 20k, except you are a whale and can afford to put huge fund, it will be hard to be a millionaire with few btc, so good alternatives like ada, dot matic etc can be a better consideration with a low budget investor, this coins are very solid and has a strong supporting team as well, they have a good level of trust which their long term existence is guaranteed, it is a good idea to have some ada now while the price is still very reasonable.

ADA has done its part, although the bulls could not break the 1.5USD area, however the trend is not clear, since BTC has been in some uncertainty, however it could be expected that if BTC continues to rise, Cardano will become one of the most winning alts:

https://i.imgur.com/QoyqPOb.png
Source: https://cointelegraph.com/news/price-analysis-7-6-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc (https://cointelegraph.com/news/price-analysis-7-6-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc)

You can hope for the best for ADEA, I think the bulls are waiting for the best time to raise the price, that time may be when BTC reaches $ 40k, it is just a theory, but from what I see it can happen that way.

ADA, MATIC and DOT are potential crypto coins, the price is still very cheap. Defi started to use polkadot and Matic as their network a lot. start collecting a little from now on for the long term highly recommend.

this is one of the things that must be avoided, if you have labeled the price of an altcoin too high, it will only make us not buy it, while when the coin continues to soar, explode, and skyrocket, it will only make you regret. the point is, never label btc and eth already too high, after all the price of eth is now only half the price of ATH (all time high).

You will see that in 10 years there will be a lot of people who will be upset that they didn't buy under 40 thousand dollars as well, that is a fact and I am sure of it. However the funny thing is, it happens not just in long term but in short term as well, there are people out there who think that they should have bought bitcoin when it was 10k while the price was 60k, then price went to 30k and they got scared and sold. Dude you literally said you wish you bought more bitcoin when it was lower, then the price gets lower and instead of buying like you said you end up selling?

Those people are idiots, the price of bitcoin dropping is not a bad thing if you do not need cash right now, if you can buy bitcoin at lower levels it is a good thing, but for some reason people end up selling when it goes down and buying when it goes up instead of doing the other way around like they should.

I think ADA, DOT and Matic are good coins for the long term, but for now I have bought several thousand matic coins only.

Updated about MATIC:

Matic has not had important movements, which means that it is very likely that the bulls are not very sure of the movements that BTC can generate and therefore they will be careful, maybe if there is a confirmation of the BTC trend they can act I think If so, it is a very good opportunity for those who want to buy:

https://i.imgur.com/lHjoG6u.png

Source: https://ambcrypto.com/ethereum-matic-synthetix-price-analysis-10-july/ (https://ambcrypto.com/ethereum-matic-synthetix-price-analysis-10-july/)

It is probable that many investors, if they generate the potential of this currency, take it as a possible safe haven, in the market anything can happen, those who take risks for MATIC can obtain very good profit.

Another SNX update:

The currency has been reacting to a relatively bearish market in the short term, as BTC has for now an uncertainty to go up to $ 40k, it has cost a lot since the uncertainty and panic can be taken into account worldwide, however SNX remains firm, some indicators suggest a possible bullish trend for the currency, which at this time would be a great investment in it:

https://i.imgur.com/oksEDJX.png

Source:  https://ambcrypto.com/ethereum-matic-synthetix-price-analysis-10-july/ (https://ambcrypto.com/ethereum-matic-synthetix-price-analysis-10-july/)

The best thing for those who are in doubt is that they can review the volume and see what it suggests, because for now everyone expects a downtrend for BTC, but the market always tends to do the opposite, if so the odds for SNX to rise gets stronger when BTC rallies.

how can you say if the price of BTC will take a long time to reach $100k, because the price of BTC once reached $62k and in my opinion it is very easy for the price of BTC to reach $100k, so if you say that the price of BTC will take a long time to reach $100k, then I believe if the price of ADA will take much longer than BTC to reach $100, so it's impossible for the price of ADA can reach $100 if the price of BTC doesn't increase very high (reach $100k), because the increase in the price of Bitcoin has a big effect on the increase in the price of altcoin.

If you compare bitcoin with ADA it is clear what you are saying is something analytically correct. because there is no way ADA can reach $100 without bitcoin increasing first, because all altcoins are always affected by bitcoin and none are able to move on their own, maybe what can do is only ethereum other than that it is very difficult.

bitcoin is clearly right that it will hit $100K by the end of this year, should have done it once it hit $62K, because bad news is making a very deep correction but it's not the end of bitcoin and it's waiting for momentum to pick up. it's clear that good news is starting to emerge so it's only time that bitcoin will rise.

Although the price of bitcoin and eth is very high. But I prefer to invest in bitcoin over other coins. Because bitcoin and eth are the most popular coins and have good fundamentals.

if the capital to invest a little better like that. However, the advantage of holding large coins such as BTC and ETH is that the prices tend to be stable (not moving as far as Altcoins) and also with high volume allowing coins to always be in the market. for other coins we are not able to predict what will happen in the future. it is full of risk.

I don't think it's a wise decision, not only for this field but for any other investment economic field when starting to participate, prepare well all the basics. Money is only a small factor in the process of doing that, more or less, you must understand what you are doing with that money. Position doesn't depend on how much money you hold, neither does risking Altcoins vs BTC, I see the odds between them being the same if you're savvy enough about what's going on.