Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Queentoshi on November 27, 2022, 06:54:40 PM



Title: Bitcoin or altcoin?
Post by: Queentoshi on November 27, 2022, 06:54:40 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?


Title: Re: Bitcoin or altcoin?
Post by: Mr.right85 on November 27, 2022, 07:03:00 PM
Without sentiments, I'll encourage anyone (although, I'll still be pretty clear on the user to DYO just for the individual to understand that, it goes both ways in an investment, Profit/Lose) to go for a bitcoin investment as oppose to altcoins.

Yeah, I get the point your trying to make as per, altcoins can just boom from maybe a $0.000001 value to $50 in value and an original $10 investment could make some huge difference but, that is hardly the case. Without any statistics to prove, I'll say that happens 1 in every 10,000 altcoins.

How then can you tell your not throwing away your money in a trash in the name of an altcoin investment.

In the case of bitcoin, there is a lot of securities on it and all you've got to do is keep buying and hold. A time would come when the price would sky rocket as well.


Title: Re: Bitcoin or altcoin?
Post by: Falconer on November 27, 2022, 07:09:54 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
You will probably admit that bitcoin will be more profitable than altcoin in the future. Bitcoin is in fact a safe investment asset where becoming worthless would have been extremely unlikely had it not been for technical failures and worldwide bans. Altcoin prices always follow bitcoin price movements, so I tend to recommend bitcoin to them rather than altcoin at first.

But if they have enough money to buy both, then I also wouldn't be against them wanting to diversify their assets. But for now, regardless of the funds you have, you should choose bitcoin as the main investment asset as long as the price is still low.


Title: Re: Bitcoin or altcoin?
Post by: BlackHatCoiner on November 27, 2022, 07:15:13 PM
I don't suggest investing in bitcoin; it's pretty much a buzzphrase nowadays, and it truly makes little sense. I mostly suggest to get involved into it, and figure out what it is. I absolutely mention the main difference between bitcoin and altcoins, that is the former is used mostly legitimately while the latter fit no real world utility and are pump and dump schemes.

Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
No damn clue. That will depend on the supply of the altcoin.


Title: Re: Bitcoin or altcoin?
Post by: pixie85 on November 27, 2022, 07:25:28 PM
I have (if you check my post history) and will always say that biotcoin is a better choice than altcoins even if we focus on 1 reason.

Bitcoin influences all altcoins. If it fails all altcoins will fail and lose value. Let's say you choose bitcoin. It comes with some degree of risk. You can gain or lose money from this investment.
If you buy an altcoin instead you're taking the risk that bitcoin brings plus additional risk of the altcoin failing on top of it.

Luna is a great example where it went from about $300 to 0 but bitcoin did not. If Bitcoin were to go to 0 you could expect luna and all other altcoins to follow.


Title: Re: Bitcoin or altcoin?
Post by: Oshosondy on November 27, 2022, 07:32:22 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Remember that this is a bitcoin forum, people here will have sentiment for bitcoin. As for me, I will advice people to go for bitcoin because of its high adoption and utility and because it will still also increase in price during bull run. Anyone that is looking for more profit can go for altcoins, but they should remember the risks, like Luna, UST collapse and the recent FTT collapse, any altcoins can do that, which means it is just gambling while investing in altcoins. Bitcoin is better.


Title: Re: Bitcoin or altcoin?
Post by: hZti on November 27, 2022, 07:34:11 PM
People will most likely advise you to buy bitcoin, especially if they are longterm in the game already. This is because there were many very good alt coins that people thought would be the next big thing but actually disappeared. The same will probably also happen to ethereum and others that are now popular.


Title: Re: Bitcoin or altcoin?
Post by: LegendaryK on November 27, 2022, 07:36:48 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?


Hodling is a btc nutjob cult thing, if you want to earn profit you have to sell.

BTC price can only multiply at a maximum of ~5X the peak in a given 5 year cycle.

Altcoins due to their lower price have a higher multiple of ~10X to ~50X capacity in a 5 year cycle.

Traders know altcoins is where the maximum profit$ are located.

So you only need to decide are you a trader interested in earning profit$ or a BTC Cult member that hodl just because the cult says so.  :)



Title: Re: Bitcoin or altcoin?
Post by: Aanuoluwatofunmi on November 27, 2022, 07:40:34 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community?

What a ridiculously act, why should i recommend someone with altcoins at first when bitcoin which is more reliable is even difficult to convince others into investing with, that's just a simple explanation with clambing a pawpaw tree which will definitely fall you down, can you show me that altcoin that could be as good as bitcoin? or a crypto community that has been proved better than bitcointalk?

Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

Decimal is not the measure of how you should trust bitcoin, just do the mathematical conversions but what is expected is for you to invest the amount you can afford in your capacity with bitcoin, everyone has always claim been good with their alts not until you invest and have such ugly surprises from them.


Title: Re: Bitcoin or altcoin?
Post by: The Cryptovator on November 27, 2022, 07:58:04 PM
Wasn't the Luna community strong enough? So, at the end of the day, what happens? In Luna, the community and investors lost everything. Because altcoin is not a true decentralized cryptocurrency, it is extremely risky. Bitcoin is truly decentralized and low risk. At the very least, you won't lose everything like Luna. Having followed a lot of drama, it's become difficult to trust any altcoin, whether the community is strong or weak. So it is better to play Bitcoin with low risk.


Title: Re: Bitcoin or altcoin?
Post by: Ale88 on November 27, 2022, 08:10:25 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Based on my personal experience, buy just bitcoin. Buying bitcoin you know exactly what you are buying, buying an altcoin is always a risk and a bet. Besides very few altcoins, I would say ETH, BNB and I'm already struggling to name a third one, all the others could go up just like they could disappear, no matter the community they have. The community can pump the price up, but if there is no real use what do you think it's going to happen in the long run?


Title: Re: Bitcoin or altcoin?
Post by: Blawpaw on November 27, 2022, 08:36:30 PM
For me, Bitcoin BTC will always be number 1. I prefer to hold Bitcoin even during the bear market and see it flush than trying to average the market with an "un" stablecoin. Altcoins are simply to risky to go long hold.
It's Bitcoin and Litecoin for me and the rest is just pure speculation. As you say in my country "best a bird in hand than two in your front flying".


Title: Re: Bitcoin or altcoin?
Post by: 2stout on November 27, 2022, 08:45:15 PM
Unequivocally Bitcoin over altcoin.  Sure you can hit really nice if/when altcoins peak but too risky.  Besides, getting into altcoin unfortunately tends to relieve people of their Bitcoin.


Title: Re: Bitcoin or altcoin?
Post by: Mate2237 on November 27, 2022, 08:48:50 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

Bitcoin is not for sentimental statement or attitude. Bitcoin is bitcoin and altcoins is altcoins and Bitcoin can't be compared to any other coin. Bitcoin is always all time high even as the bear market. Therefore if any one want invest and the person come to me for advise, I will always tell them to invest on bitcoin but there is a particular saying that don't put all your eggs in one place. So if the person decided to invest in other coin that is for own business and risk. I always tell people to invest only on bitcoin.


Title: Re: Bitcoin or altcoin?
Post by: jossiel on November 27, 2022, 09:02:18 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Definitely.

Owning bitcoin is much better than owning any altcoin. There will be the debates about that altcoins have gained more than what bitcoin has gained and that's okay.

If you think that there will be an altcoin that will gain more than bitcoin then suggest it to the others or do it on your own. But by having bitcoin, it's like having an assured asset in this world of cryptocurrencies that's majority of it is volatile.


Title: Re: Bitcoin or altcoin?
Post by: n0ne on November 27, 2022, 09:35:59 PM
Whether it is bitcoin or altcoin, we need the patience to experience the best out of it. Owning bitcoin will give the assurance of multiplying our holdings as the entire market circulates around bitcoin. With altcoin finding the right one could get you the best roi. This is truly high against the growth experienced by bitcoin.

Investing on bitcoin is the best, but having the investment distributed over something that have got to be an alternate could help us have stabilized portfolio in all market conditions.


Title: Re: Bitcoin or altcoin?
Post by: Baofeng on November 27, 2022, 09:43:41 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

You also have to factor the risk though, altcoin is much volatile than bitcoin, hence it is more riskier, can go literally 0 to x amount in hours, just for pure pump and dump. But what will happen after that? and there are investors who think that the price can continue to go on a parabolic rise, and when it goes down as hard as it goes up, then everything is messed up in your end.

So if you are a investor who is smart and wise and wanted to sleep at night knowing that your invested  will not go to 0 and be too big to fall, then obviously, BTC is the right choice. For me yes, having some bitcoins in your wallet and then continue to accumulate overtime (in decimals) is good for the long term as compare to some good but riskier altcoin.


Title: Re: Bitcoin or altcoin?
Post by: franky1 on November 27, 2022, 09:46:57 PM
it doesnt matter if its 0.01 of a good coin or 1.0 of a coin no one uses. the unit decimal doesnt make a difference.

what makes a difference is are you buying a coin that has a community and support or not and if that coin has utility or not and if the price is at value or premium (cheap or bubble)


having bitcoin long term is a good hedge against fiat inflation.. trade altcoins only when their value is good/cheap in comparison to points ill raise below(2)
easy way to see if a coin has a community is their market price wiggle and volume compared to other coins(4)


five things to note..
ill just use btc and eth as 2 examples. but you can apply same logic to al coins

1. does the coin do anything in the real world. can you but things with it
bitcoin yes. 99.9% altcoins no

2. the value:price ratio
find out what block creation and reward mechanism a coin uses
A. if its PoW. calculate the electric of an efficient miner per hashrate. and work out how much electric is used per block
rate electric at an efficient electric cost of ~$0.04
also work out how many asics need to have been bought in total by everyone to achieve that hashrate

work out the cost per coin of hardware+electric. and you have a underlying efficient cost to acquire bitcoin

compare that to the price

B. if its PoS. calculate the coins made per hour. then look at all of the 'staked validators' give them a Pc wattage usage of ~400w per validator
and calculate the electric price for that. and then calculate the per coin cost. because people are using their normal leisure/home computers instead of some specialist hardware. the hardware costs can become insignificant

compare the that to the price

3a.EG it works out BITCOIN is a > $15k* coin cost vs over $16k price
3b.EG it works out ETHEREUM is a sub $50*T coin cost vs over $1k price

you then realise that bitcoin is at great value compared to most efficient coin acquisition cost.
you then realise that ethereum is at premium bubble compared to most efficient coin acquisition cost.

so buy the coin at great value and sell the coin at the premium

* today its about $13k to mine btc efficiently, but asics dont change at a whim. they run longterm and take the average long term which is about $15k
*T its more like $47 for combined home Pc's to stake 1 eth, but can he even less due to many are custodianised to one server

4. look at the wiggles of a market chart. if a coins wiggles(price movements) look similar to that of another coin. its means the altcoin is not producing much of its own community trade sentiments of independent price discovery. and instead is just being arbitraged by the better coin to just follow the pattern of the other coin.
no community independent market means that its not used or does not have much of a community/utility around it
EG ethereum shadow traces bitcoin sentiment like a lost sheep far too often
this means ethereums (now its PoS) is not really "trading" independantly. but being stakes where coins are locked and not traded. so what is left is just being propped up by at a speculative bubble high amount compared to efficient cost  due to other markets. not its own utility/user sentiment
(worth noting ethereum changed from a PoW to a PoS. its cost dropped from ~900 to ~50. yet its price is being propped up not by its own independant community price discovery sentiment. but just being a sheep/shadow to bitcoin trading)

if their market looks like no other coins trade pattern. then it has its own independent price discovery. which could if volume is high show the coin has a community doing its own trade and utility of sentiment of price discovery.


Title: Re: Bitcoin or altcoin?
Post by: Stalker22 on November 27, 2022, 09:48:07 PM
Are you comparing Bitcoin to altcoins? If so, you are comparing apples to oranges. Bitcoin is not in competition with any other cryptocurrency in the same way that a BMW is not in competition with a Hyundai. Sure, they are both cars, but they serve different purposes.

Bitcoin stands alone as the original, first-ever cryptocurrency and will likely be used as a means of exchange for many years to come. While there are many altcoins out there today, none of them can compare to Bitcoin in terms of size and scope, let alone its security.


Title: Re: Bitcoin or altcoin?
Post by: tabas on November 27, 2022, 10:35:54 PM
That's the thought that I've got before which I've seen from the others that they've said that they'll take altcoin because of the quantity that you'll get.
Because getting a bitcoin is more expensive and you'll just get a few decimals on it. I get where they're taking those words but it doesn't make sense, it's still bitcoin as the most recommended crypto to own. It's like comparing and saying that people will take bronze because it's cheaper than gold.


Title: Re: Bitcoin or altcoin?
Post by: hZti on November 27, 2022, 10:37:53 PM
Are you comparing Bitcoin to altcoins? If so, you are comparing apples to oranges. Bitcoin is not in competition with any other cryptocurrency in the same way that a BMW is not in competition with a Hyundai. Sure, they are both cars, but they serve different purposes.

Bitcoin stands alone as the original, first-ever cryptocurrency and will likely be used as a means of exchange for many years to come. While there are many altcoins out there today, none of them can compare to Bitcoin in terms of size and scope, let alone its security.


With a hunday you can at least drive somewhere. Try to pay with some shit alt coin somewhere. It will be impossible since 99% serve no purpose other than trying to scam people that have no clue and are greedy.


Title: Re: Bitcoin or altcoin?
Post by: franky1 on November 27, 2022, 10:41:02 PM
That's the thought that I've got before which I've seen from the others that they've said that they'll take altcoin because of the quantity that you'll get.
Because getting a bitcoin is more expensive and you'll just get a few decimals on it. I get where they're taking those words but it doesn't make sense, it's still bitcoin as the most recommended crypto to own. It's like comparing and saying that people will take bronze because it's cheaper than gold.

with bitcoin. there is "stacking sats" a sat is 0.00000001btc
where for just $1.60 you can get
10000sats
or "built up your bits" a bit is 0.00000100btc
where for just $1.60 you can get
100bits

comparing it to gold
tonne, kg, ounce
  btc    bit    sat

no one buys whole tonnes of gold. they just buy ounces


Title: Re: Bitcoin or altcoin?
Post by: Yatsan on November 27, 2022, 10:45:24 PM
Bitcoin for a higher chance of earning profit when bullish trend occur and altcoin on the other hand for a higher rate of increase as well as profit but is more risky as an investment. I do prefer going with altcoin investment simply because it would require me less amount to invest, even if it is more risky, but allows me to diversify my capital in different assets than to just let my investment sleep with bitcoin.
Are you comparing Bitcoin to altcoins? If so, you are comparing apples to oranges. Bitcoin is not in competition with any other cryptocurrency in the same way that a BMW is not in competition with a Hyundai. Sure, they are both cars, but they serve different purposes.

Bitcoin stands alone as the original, first-ever cryptocurrency and will likely be used as a means of exchange for many years to come. While there are many altcoins out there today, none of them can compare to Bitcoin in terms of size and scope, let alone its security.

No competition indeed. It is just a matter of an investor having his own preferences of where to engage his/her money with. No matter what you choose, there will always be an involved risk because all cryptocurrencies has volatile market value. Well in comparison, Bitcoin and alts might be different with utility aspects wherein Bitcoin is for daily transactions and alts are solely for projects (mostly) although some are also for transactions.


Title: Re: Bitcoin or altcoin?
Post by: GeorgeJohn on November 27, 2022, 10:54:47 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Bitcoin is a Bitcoin and altcoins is an altcoins, so you can't compare altcoins with Bitcoin because it has it own technology, theirs no altcoins that will be stronger as Bitcoin, if i should have money to invest right now, i will not hesitate to invest in Bitcoin, knowing that it's technology is very strong and supportive.


Title: Re: Bitcoin or altcoin?
Post by: landheer on November 28, 2022, 12:04:19 AM
according to my experience, it is better to have bitcoin even less than 1 bitcoin. because in my opinion it is better to invest in bitcoin. because in bitcoin it is certainly safer, indeed when viewed in terms of profits it is more profitable from altcoins than bitcoin. it's just that if you experience a loss, the impact will drain a lot of our money. so if I personally prefer bitcoin to be used as an asset and investment.
but this is in accordance with my experience that has experienced losses from altcoins.


Title: Re: Bitcoin or altcoin?
Post by: m2017 on November 28, 2022, 06:47:55 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
There is nothing easier and more ungrateful than giving advice. Especially financial and investment. Between bitcoin and altcoin I would choose btc to recommend to someone for investment. This is because the belief of the crypto community in bitcoin is much higher than any altcoin, which means there is less risk of screw up. Let it be a small part, but bitcoin than the whole altcoin.


Title: Re: Bitcoin or altcoin?
Post by: aoluain on November 28, 2022, 07:23:00 AM
I think the OP's question will be asked many times in the future especially when Bitcoins
value rises.

The thinking is "it's better to own 1 thing than a fraction of another, it's a psychological
thing but it doesn't make sense.

Anyone who has been in this space will know that altcoins come and go and many people
have gotten burned by them. Take almost all of the "Top 10" altcoins on coinmarketcap,
in about 12 months they will be replaced by new "flavours of the month" it's all speculation.

1 carat diamond or a 20kg bag of coal?


Title: Re: Bitcoin or altcoin?
Post by: fuguebtc on November 28, 2022, 07:55:26 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

I don't normally give financial advice to anyone, but if I had to, I would advise anyone to buy bitcoin even if it costs more now, simply because it's safe and they are newbies. I don't hate investing in altcoins but for newbies they should stay away from altcoins, they can invest in it when they have enough knowledge of the market as well as the ability to take responsibility for their own investment. Advising someone to invest in altcoins is like putting pressure on yourself, it's not a wise choice.


Title: Re: Bitcoin or altcoin?
Post by: tabas on November 28, 2022, 07:56:50 AM
That's the thought that I've got before which I've seen from the others that they've said that they'll take altcoin because of the quantity that you'll get.
Because getting a bitcoin is more expensive and you'll just get a few decimals on it. I get where they're taking those words but it doesn't make sense, it's still bitcoin as the most recommended crypto to own. It's like comparing and saying that people will take bronze because it's cheaper than gold.

with bitcoin. there is "stacking sats" a sat is 0.00000001btc
where for just $1.60 you can get
10000sats
or "built up your bits" a bit is 0.00000100btc
where for just $1.60 you can get
100bits

comparing it to gold
tonne, kg, ounce
  btc    bit    sat

no one buys whole tonnes of gold. they just buy ounces
Yeah, those are the measurements that we've got in buying bitcoin and someone can use that as he accumulates bitcoin. And while the comparison I've made for bronze and gold. It's just all about buying about which is more expensive and cheaper.
As for buying gold, those that are relying on it as their main asset, they also accumulate just as how we're accumulating bitcoin. So, for the thing about bitcoin and altcoin, there could be some exception for those that have been taking alts but not all of them should be taken because you're unsure with the future of the others.


Title: Re: Bitcoin or altcoin?
Post by: Z-tight on November 28, 2022, 08:19:36 AM
In my humble opinion, nobody should buy a coin simply because it is cheap and you can buy as many of it as possible, buying as many of a coin as possible does not mean that coin has any value, or that there is growth and development in their network. Altcoins are known for pumping and then dumping, buying them is very risky, they do not have utility and it is very difficult to find any good one. Btc has a good community, and a fixed supply with strong demand for it, BTC also has utility, it cannot fail the way altcoins do. As an investor the safety of your money is paramount, in the crypto network your money is safe with BTC, and you can use dca to grow your portfolio, having one sure investment with BTC is better than gambling with many altcoins because you simply can buy as many of them as you like, you may be a bagholder in the long run.


Title: Re: Bitcoin or altcoin?
Post by: Beparanf on November 28, 2022, 08:32:00 AM
I know many user missed the main point here about the reason for comparison but simply OP is not asking for technicality difference between Bitcoin and Altcoin but simply just the size difference of the two subject with same value in fiat. To make it simple; X amount of Altcoins = Y Amount of Bitcoin.

For me the quantity only matter if the total supply is the same. It’s pointless to compared whole quantity of altcoins to decimal amount of Bitcoin even though they have same fiat value if the difference on the total supply is too high. I only recommend to purchase it if the Altcoins supply is close to Bitcoin Supply and has the characteristics that you mention since that project is probably undervalued.


Title: Re: Bitcoin or altcoin?
Post by: Marvell1 on November 28, 2022, 08:42:19 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

When you buy any property or something, you need to look at its quality not quantity, more quantity doesn't mean it will bring you more value. bitcoin and altcoins too, there can still be many useful altcoins but for comparison there aren't any comparable altcoins to bitcoin at the moment. It's also important that once you've decided that giving someone advice means they're trusting you, you should give them the best advice as well and in this market bitcoin is number one.


Title: Re: Bitcoin or altcoin?
Post by: michellee on November 28, 2022, 08:48:06 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
It depends on the altcoin because it can be difficult to find the right altcoin with so many altcoins on the market. We can say to buy ETH, BNB, or other altcoins but when the price of bitcoin falls too deep, this altcoin will surely fall even deeper than the price you bought before.

I suggest that person buy some bitcoins and accumulate them according to the amount of money he wants to invest in crypto. I'd rather have bitcoins that will increase than invest in altcoins because the selection of altcoins will make us confused.


Title: Re: Bitcoin or altcoin?
Post by: Jawhead999 on November 28, 2022, 08:54:19 AM
Does it's really matter with the value you will got? actually the reason you invest on an asset is you're trusting the asset, not the best value you will get. Let's say you have $8500 in your hands and want to buy cryptocurrency, are you prefer to get 10,000,000 shitcoins that will scam in the next month or you will get 0.5 BTC that the price will increase to $100,000/BTC in the next few years?


Title: Re: Bitcoin or altcoin?
Post by: shushu9977 on November 28, 2022, 08:56:27 AM
As I think, if you want to be millions, than altcoin is a good investment than btc. If you want a good profit than invest in btc. Few coins like shib inu, cec, btt, hot, doge, xlm is good sign after few years.


Title: Re: Bitcoin or altcoin?
Post by: pooya87 on November 28, 2022, 09:31:25 AM
a good altcoin with a strong community
one good altcoin
There are no such things as an altcoin with strong community or a good altcoin. There are only more hyped up altcoins with better pumping teams and unpumped altcoins with no pumping teams.

To answer your question it depends on what you aim to do.
For a long term solid investment in something that has real potential and for you to not have nightmares every day about where is the shitcoin you bought going or when it will die, the only option is bitcoin. Just buy it and get it over with.

If you want to take bigger risks and you can get involved in the market to do quick trades for quick profits then any altcoin would do as long as you can figure out the pumping signs and are good at jumping off the ship before they start dumping that altcoin.


Title: Re: Bitcoin or altcoin?
Post by: Nrcewker on November 28, 2022, 09:34:47 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

Without a second thought, Bitcoins will be more appropriate. The reason for which I am supporting Bitcoins over any other coin is that, due to it’s marketcap. Altcoin concepts are derived from Bitcoins. This proves Bitcoin’s popularity among the people. Due to high popularity and marketcap, Bitcoins will definitely rise in the future in order to meet the demand of the coin. So now OP you think what should you buy? I have quoted the facts, now it’s upto you.


Title: Re: Bitcoin or altcoin?
Post by: bitzizzix on November 28, 2022, 09:37:31 AM
Both bitcoin and altcoins are equally profitable in investing, and both are devoted to the long term and to altcoins depending on which coin you choose will be profitable in the long term.
do you want to forget about possible 10x returns and be happy with 2x profits then switch to bitcoins.
Of course, there is also a middle ground. If you want to play it safe, but also want to make bigger profits, 50% bitcoin, 50% altcoins is a great balance.
and I suggest you should do the analysis and study both well, and don't forget to know the traces and even though I'm more inclined to suggest bitcoin. But that doesn't mean altcoins aren't profitable and I recommend going for the top and oldest altcoins, because they are still around and holding up and also still profitable especially in the long term.


Title: Re: Bitcoin or altcoin?
Post by: Iranus on November 28, 2022, 10:06:50 AM
Both bitcoin and altcoins are equally profitable in investing, and both are devoted to the long term and to altcoins depending on which coin you choose will be profitable in the long term.
do you want to forget about possible 10x returns and be happy with 2x profits then switch to bitcoins.
Of course, there is also a middle ground. If you want to play it safe, but also want to make bigger profits, 50% bitcoin, 50% altcoins is a great balance.
and I suggest you should do the analysis and study both well, and don't forget to know the traces and even though I'm more inclined to suggest bitcoin. But that doesn't mean altcoins aren't profitable and I recommend going for the top and oldest altcoins, because they are still around and holding up and also still profitable especially in the long term.

I don't think they will be equally profitable, in the long run I still consider bitcoin much better and safer than altcoins. In addition, for altcoins we don't have too many options as you say, if you say there is potential, only ETH is worth investing in, all other altcoins are no different from gambling, look at Luna and FTT.

Not even the top and oldest altcoins can guarantee, in 2018 those who believe in investing in LTC are also top altcoins in the market but then what? so far its not dead but not once back to old ATH if they invested in bitcoin they have made a huge profit.


Title: Re: Bitcoin or altcoin?
Post by: irhact on November 28, 2022, 10:44:55 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

When you say one good altcoins which altcoins are you calling good exactly? They're all the same, neither of the altcoins can be classified as good as no matter how good you think they're and strong community backing, they might have, they can still go in the path of Luna and FTX and crashed but Bitcoin can't. Altcoins are centralized and have a centralized figure that the success of the project is tied to the founders or influencers of the coin. You don't even have to own one Bitcoin, just buy Satoshi and hodl in your wallet.
Bitcoin is superior to all the altcoins in existence so they can never be a better choice above Bitcoin when it comes to investing in cryptocurency. Altcoins lose value over time and even though the coin is trading at a higher price than your buy price, the coin might still be losing when comparing the Bitcoin trading value.


Title: Re: Bitcoin or altcoin?
Post by: Lucius on November 28, 2022, 11:02:33 AM
Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

I'm not a financial advisor to advise people what to do with their money, and I don't think anyone should do that unless they're in that business. People who invest their money on the recommendation of others usually blame them for possible failure, and you don't want to find yourself in that situation.

I personally know some people who preferred to have nice round numbers of something instead of 0.00xxx BTC, but that's more a kind of human perception of numbers than a meaningful investment. As far as I'm concerned, people can invest in anything, be it ordinary stones that they think is valuable, or various tokens and so-called stablecoins that have recently shown their real value.


Title: Re: Bitcoin or altcoin?
Post by: Wiwo on November 28, 2022, 11:16:27 AM
First I will not advise anyone who gave no basic knowledge about Bitcoin to buy a whole unit of Bitcoin, unless there have some funds that they can afford to lock up for a while without any shaking even in the price go deeper than their entry price. I will rather advise them to go in with a smaller unit and a learning period so as for them not to jump in on a bad entry price and also build good knowledge before increasing their risk level to a whole Bitcoin unit or two. At the moment, bitcoin look to be the only choice for many of us here, because we are well aware of the characteristics of altcoin and there is no difference from Ponzi scheme only a few of them really have a use case majority of the remaining are just tools in the hand of their developer to milk investors money through the pump and dump scheme that is no difference with Ponzi. So I will rather build my portfolio in Bitcoin even if the market may look slow in movement at least I have a guarantee that my money will not go from 100 to 0 within a blink of an eye, or a CEO pulling off an exit scam on me.


Title: Re: Bitcoin or altcoin?
Post by: cloudfir3e on November 28, 2022, 11:31:08 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
bitcoin or altcoin depends on the use for its use.
if I were to become an investor, I would prefer bitcoin as an investment asset, because bitcoin is a cryptpcurency that is very feasible to store for the long term and is supported by a very limited amount of supply but the demand is increasing.
then you can be sure that at some point Bitcoin will experience a significant premium.

vice versa if a trader I would prefer altcoins because the price is not so high that it is easier to make consistent profits in a short time.


Title: Re: Bitcoin or altcoin?
Post by: sulendra12 on November 28, 2022, 11:52:55 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Would still recommend to invest on Bitcoin because the behavior of always going up even the price we currently have is down, it will reach next ATH anytime soon although it would take years. But some of the altcoins even though you bought lot of it, if it has no use case and has weak community support then it just worthless assets, it will die like other altcoins.

"One good altcoin" that means also people controlling that altcoin or rather the creator of it still maintaining this coin, would assume that anytime soon it will collapse. Just invest in Bitcoin if you are in doubt.


Title: Re: Bitcoin or altcoin?
Post by: DeathAngel on November 28, 2022, 12:04:09 PM
I think the potential is there & likelihood that you could make more profits by getting lucky & buying alts. However, it’s a bit of a lottery because you can see all the scams & rug pulls in ‘crypto’

Bitcoin will give you almost guaranteed profits if you can hold for a number of years. Tomorrow is not promised with alts so it’s a choice you have to make yourself.


Title: Re: Bitcoin or altcoin?
Post by: ultrloa on November 28, 2022, 12:15:54 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

With different sentiments coming from different people I think its not good to make this one as solid proof to create your decisions on investment since you can just make it as a guide to create your own one and try something more cooler to make it successful. If you have money to spend then don't focus only on bitcoin since it might kill your time waiting for it to pump up try to divide your money to different options since this will make your investment more exciting and potential to earn is big. But also make sure that you pick the top alts to avoid getting rugged pulled by scam tokens.


Title: Re: Bitcoin or altcoin?
Post by: Japinat on November 28, 2022, 02:12:31 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

It depends if that specific person is looking for a long-term or short term investment, both can be profitable of course but I pick bitcoin decimals over 1 good altcoin. Bitcoin is bitcoin, it's been around for more than a decade now while the altcoins are not, so just to be sure, I will advise him/her to buy bitcoin because it already proved numerous times that it will always recover.


Title: Re: Bitcoin or altcoin?
Post by: cheezcarls on November 28, 2022, 02:13:34 PM
That really depends on your instincts. Your money, your decision, your risk, your responsibility. No one would stop you for trying to invest or trade in either Bitcoin or altcoins.

But when it comes to the real long term despite the uncertainties, I would go for Bitcoin and Ethereum. And for the rest? Between quick flip, short and mid term.

Risk management is necessary.


Title: Re: Bitcoin or altcoin?
Post by: joeperry on November 28, 2022, 02:17:26 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Don't rely on community alone. A good example is the Dogecoin, they have large and supporting community but their projects was good enough for investors to get interested for long term investment? of course not right? I suggest to buy Bitcoin even in decimals but there are some coins where you can buy whole like Ether or Litecoin having 1 Ethereum could get you rich in the future but that's not always the case you should consider the other factors like competition of that project and if the projects adapts to what is new.

But for me having Bitcoin even with small amount (less than 1) is a good investment, you wouldn't know what could be its value in the future.


Title: Re: Bitcoin or altcoin?
Post by: ethereumhunter on November 28, 2022, 02:22:53 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
I will advise my friends to buy bitcoins over altcoins, especially now that the situation is different than it was a few years ago. In my opinion, the current altcoin situation makes it difficult for us to choose an altcoin because there are many altcoins on the market that can increase at any time. To avoid mistakes, investing in bitcoin is a good choice for beginners so that they have hope of making profits in a bull market. Even though we still have altcoins that have the opportunity to increase, but that means the altcoins can increase at the right time because I feel there is a lag time for each altcoin to increase.


Title: Re: Bitcoin or altcoin?
Post by: Mauser on November 28, 2022, 02:44:54 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

For anybody who doesn't hold any bitcoins yet this is a great time to buy your first coins in my opinion. Let's you don't hold any cryptos at all bd you looking for your first purchase, than I would advise to buy atleast 0.5 in bitcoins and the rest in alt coins. Going for large purchases in the alt coin market is not a bad idea, but we need to be aware that the volatility and risks of the price falling is much higher than when buying only bitcoins. In my opinion every crypto portfolio should hold bitcoins. In case our friend already holds some bitcoins and wants to make his first alt coin purchase, than I would advise him to only buy 0.2 bitcoins and the rest in his alt coins. Owning more than one crypto coin is a good idea to diversify our portfolio. Taking a bit advantage of the low price of Bitcoins right now makes still sense.


Title: Re: Bitcoin or altcoin?
Post by: crunck on November 28, 2022, 03:03:57 PM
As I think, if you want to be millions, than altcoin is a good investment than btc. If you want a good profit than invest in btc. Few coins like shib inu, cec, btt, hot, doge, xlm is good sign after few years.

Bitcoins can also make you millions of dollars if you hold them long enough, altcoins can also bring you millions of dollars but can also cost you millions more. The altcoins you listed are just dead coins not comparable to bitcoin, they are just shitcoins that will soon disappear from the market.


Title: Re: Bitcoin or altcoin?
Post by: Getmon on November 28, 2022, 03:05:22 PM
Bitcoin is the first, the most decentralized, the most valuable and the most stable crypto. If given the chance to only choose one, without a doubt I will go for Bitcoin. But if in case I can choose both then I will buy altcoins too. Counting for short term payoffs, altcoins can do more than Bitcoin. But altcoins are just highly risky too in comparison with Bitcoin who's been tested for several years. Perhaps Ethereum is a completely distinct sort of altcoin that is consistent next to Bitcoin but after they went the POS direction, there is a chance it lose supporters after a while and it will fall down just like Bitcoin Cash and other top ten coins that are nowhere in the top.

So purchase Bitcoin as a long-term investment. It does not have to be big because we can add more in the future. And buy altcoins short term so we may use the profits to buy more Bitcoin.


Title: Re: Bitcoin or altcoin?
Post by: S A KHAIR on November 28, 2022, 03:41:21 PM
Bitcoin is the first, the most decentralized, the most valuable and the most stable crypto. If given the chance to only choose one, without a doubt I will go for Bitcoin. But if in case I can choose both then I will buy altcoins too. Counting for short term payoffs, altcoins can do more than Bitcoin. But altcoins are just highly risky too in comparison with Bitcoin who's been tested for several years. Perhaps Ethereum is a completely distinct sort of altcoin that is consistent next to Bitcoin but after they went the POS direction, there is a chance it lose supporters after a while and it will fall down just like Bitcoin Cash and other top ten coins that are nowhere in the top.

So purchase Bitcoin as a long-term investment. It does not have to be big because we can add more in the future. And buy altcoins short term so we may use the profits to buy more Bitcoin.


Likewise, I will choose both, I always keep in mind that we are here to make money, so I will not miss out on any chance if I have the chance to make money. Bitcoin is the best investment but altcoins are not too bad, altcoins are riskier than bitcoin but the return will be more worth it. Diversify your investments for the best returns and minimize risk.


Title: Re: Bitcoin or altcoin?
Post by: re-start on November 28, 2022, 04:03:33 PM
Actually, it depends on the amount of investment. My first choice is Bitcoin. All altcoins will fail if Bitcoin fails, which can destroy your entire investment.
Even some altcoins can be destroyed in some fluctuations, and your money will be lost completely.

But why did I say, "it depends on the amount of investment"?

Because investing in some altcoins can bring a lot of profit. For example, if you have 500 dollars. Invest $400 in Bitcoin and $100 in an altcoin. In this case, if the altcoin explodes, you will have a good profit.


Title: Re: Bitcoin or altcoin?
Post by: Mpamaegbu on November 29, 2022, 11:28:53 AM
Let's be clear on this first. If we're talking of doing the investment at a time like now with the bear season in place, I will advise that the cash be invested in Bitcoin. But if it's during a bull season I will advise that it be put in altcoins with utility. Bitcoin has a very strong and dedicated community, if not the strongest of all cryptos. The strength of its community has helped to demystified every FUD and negative press against Bitcoin. In terms of ROI, alts give better than Bitcoin. However, Bitcoin has a better surviving and long lasting rate than others.


Title: Re: Bitcoin or altcoin?
Post by: Smartprofit on November 29, 2022, 11:44:12 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

I recently met a musician from Guatemala and he told me that he is interested in cryptocurrencies.  At the same time, of all cryptocurrencies, he prefers Bitcoin.  This is a very reasonable position...

In the long run, it makes sense not to invest in all cryptocurrencies, but only those that are of fundamental importance.  There are not many such cryptocurrencies.  These are Ethereum - the most famous cryptocurrency with smart contracts, Monero - the most famous anonymous and private cryptocurrency. 

But the most famous cryptocurrency is Bitcoin!  Bitcoin has the best chance of being a big success and bringing its investors big profits in the long run.


Title: Re: Bitcoin or altcoin?
Post by: RockBell on November 30, 2022, 08:04:48 PM
Personally, given the direction the market is heading, it would be wise to invest in bitcoin. What happened to FTX IT and Luna clearly demonstrates that not all altcoins can survive the bear. In addition to considering the potential profit from altcoins, you should also consider the risk involved in doing so. Even if the thing is set up as a loss or gain game, even if you are unable to purchase one bitcoin, you can set up strategies to buy additional bitcoins and keep accumulating. so choosing wisely which one to invest either bitcoin or altcoin personally I go for the altcoin.


Title: Re: Bitcoin or altcoin?
Post by: ChiBitCTy on November 30, 2022, 08:09:06 PM
People need to get over the whole coin versus fractional coin ordeal.  I'd rather half a share of a good stock fund than I would 1000 shares of some shit stock that's pure speculation, lacking fundamentals etc. The same thing applies for bitcoin and cryptocurrency.  I'd much rather own a fraction of a bitcoin than own say 50 dogecoins or whatever.

The whole coin thing DOES NOT MATTER, and don't let it sway you one way or another. 


Title: Re: Bitcoin or altcoin?
Post by: Fatunad on November 30, 2022, 08:42:49 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Does matter because you would be able to say up these things when the market price did really be able to hit up those movements but if not then you would say that Bitcoin is always been better but if a
certain altcoin does pump out then you would say the opposite which is really that not surprising at all.When choosing up in between Bitcoin and altcoins then it wont really be that necessary considering
that if you do have the money then you could always opt in on diversifying on things which it would really be that ideal if you are really that mindful on spreading up your investment
and wont tending up on focusing on a single point.Its actually your choice when it comes to this manner.


Title: Re: Bitcoin or altcoin?
Post by: aylabadia05 on November 30, 2022, 08:43:22 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
I will explain to the person asking what is the best choice between Bitcoin and Altcoins before I come to a conclusion to tell the person if Bitcoin is a good choice over Altcoins.

My opening explanation to the person about what Bitcoin and Altcoins are, then proceed with the risks of investing in these two types of currencies and what has been and is being experienced by Bitcoin and Altcoins so that people who ask me themselves can consider my advice to choose to buy Bitcoins.

It is very clear that Bitcoin is better to buy than Altcoins. LUNA is one of the largest Altcoins among many other altcoins. But it is able to make people who buy it go crazy because they try so hard to buy in large quantities because it is considered to have good potential in the future. But what happened to LUNA. Continue again with the FTX incident.
I think it's time for people to choose to buy Bitcoin even though the price is much more expensive than altcoins that can make people talk to trees.


Title: Re: Bitcoin or altcoin?
Post by: South Park on November 30, 2022, 09:16:16 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Who is asking for my advice? To me this is the most important question, if we are talking about someone that does not really know too much about the market or about investments in general then I would recommend bitcoin over any altcoin so they do not get in trouble if the altcoin happens to crash, however if the one asking for my advice has been in the market for a very long time, I know he is a prudent investor and he already has some bitcoin then investing a little bit of money in a good altcoin is not a bad idea.


Title: Re: Bitcoin or altcoin?
Post by: Hyphen(-) on November 30, 2022, 09:37:10 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Because of all of these Cryptocurrency Exchange issues, such as FTX and other projects going down due to a lack of complete trust and problems arising from some of the team members, which cause various security bridges, Altcoins are not recommended for purchase due to uncertainty. Bitcoin is the best investment to make right now because it has no features similar to Altcoins that some people will even consider betraying the team, Bitcoin is transparent and has a very good future that can always be trusted.


Title: Re: Bitcoin or altcoin?
Post by: lalabotax on November 30, 2022, 09:45:54 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
I will definitely suggest they buy Bitcoin instead of altcoins if they are exactly read for the crypto investment with all risks to hold.
The reason is clear and strong enough Bitcoin investment is really worthy moreover for long-term investment. We don't need to buy 1 BTC but we can buy some decimals they will be worth enough for the long term. The volatility of Bitcoin may be high enough, but this is trusted and worthy to hold at the least until the next bullish period. We can count on it. Investing in altcoins may promise higher profits in a shorter period, but this really doesn't guarantee. Who knows that altcoins will stay last longer until our target is reached? Moreover after that happen to Lua and FTX, this means that we can do more with Bitcoin, not altcoins. 


Title: Re: Bitcoin or altcoin?
Post by: martyns on December 01, 2022, 12:14:23 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Who is asking for my advice? To me this is the most important question, if we are talking about someone that does not really know too much about the market or about investments in general then I would recommend bitcoin over any altcoin so they do not get in trouble if the altcoin happens to crash, however if the one asking for my advice has been in the market for a very long time, I know he is a prudent investor and he already has some bitcoin then investing a little bit of money in a good altcoin is not a bad idea.
Bitcoin is one of the top investment in Crypto and very few people know about it's promising future. It's very crucial to invest in Bitcoin, to me, it's come first because it have large trading volume and it's 100% trusted compared to some random scammed project. Altcoins can make massive pump and still dumps easily without stress. Sometimes I wonder how peor would choose altcoins over bitcoin, which is one clueless decision to make.


Title: Re: Bitcoin or altcoin?
Post by: landheer on December 01, 2022, 05:59:36 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Who is asking for my advice? To me this is the most important question, if we are talking about someone that does not really know too much about the market or about investments in general then I would recommend bitcoin over any altcoin so they do not get in trouble if the altcoin happens to crash, however if the one asking for my advice has been in the market for a very long time, I know he is a prudent investor and he already has some bitcoin then investing a little bit of money in a good altcoin is not a bad idea.
Bitcoin is one of the top investment in Crypto and very few people know about it's promising future. It's very crucial to invest in Bitcoin, to me, it's come first because it have large trading volume and it's 100% trusted compared to some random scammed project. Altcoins can make massive pump and still dumps easily without stress. Sometimes I wonder how peor would choose altcoins over bitcoin, which is one clueless decision to make.

indeed it is safer to invest in bitcoin because there is a lot of bitcoin trading volume and demand. and usually those who invest in altcoins have the goal of getting rich suddenly, because the altcoin pump is very high. but of course it is their right. and in my opinion it's better to invest in bitcoin because it's safer. whereas in altcoins the risk is very high. and not a few people have become poor because of investments in altcoins that are not of good quality.


Title: Re: Bitcoin or altcoin?
Post by: Nuraiuii on December 01, 2022, 06:44:34 AM
Bitcoin and altcoins are equally profitable to invest in, but Bitcoin will be more profitable than altcoins in the future.
Accumulating more bitcoins during a bear market and holding them for a long time is most likely to achieve great success and bring huge profits to investors.


Title: Re: Bitcoin or altcoin?
Post by: Uzairjutt275 on December 01, 2022, 08:17:02 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

In my experience, invest in Bitcoin is more profitable than a altcoins because bitcoin is long term project and also a top altcoin in market. On other hand, invest in altcoins is risky because first you can search a good project in almost 10,000 altcoins then you can invest. It is also too risky. In my thoughts you can choose top altcoins to invest in them.


Title: Re: Bitcoin or altcoin?
Post by: binbaro11 on December 01, 2022, 08:19:37 AM
Bitcoin is to the cryptocurrency market what the U.S. dollar is to fiat currencies.
In any case, I would choose Bitcoin.


Title: Re: Bitcoin or altcoin?
Post by: Ayers on December 01, 2022, 08:21:44 AM
... Sometimes I wonder how peor would choose altcoins over bitcoin, which is one clueless decision to make.
Those who choose altcoins over bitcoin are mostly newbies who want to get rich overnight, newbies always think that the price of bitcoin is too high and no longer able to bring them big profits, and then they look to altcoins. There is nothing wrong with that thinking but they are a bit flawed, they only think about profits without thinking about the risks incurred when investing in altcoins and when they finally lost all their money in altcoins, they realized that investing in bitcoin was the right thing to do.


Title: Re: Bitcoin or altcoin?
Post by: Gallar on December 01, 2022, 09:15:56 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
if you look at it in terms of quality, bitcoin is definitely winning and valuable.
but if you look at it from a profit standpoint, maybe one altcoin is quite superior, because altcoins are good, sometimes some go up to hundreds or even thousands of percent.
but when viewed from a security perspective, I chose bitcoin, because everyone who is involved in the crypto world knows that bitcoin is the safest.


Title: Re: Bitcoin or altcoin?
Post by: glendall on December 01, 2022, 09:23:52 AM
I would definitely recommend buying bitcoin for now, because for now only bitcoin is a role model for all altcoins if it's going to go into a bull run, I'll just buy altcoins that have good performance during bear times like this later


Title: Re: Bitcoin or altcoin?
Post by: Smartprofit on December 01, 2022, 09:32:03 AM
Bitcoin is to the cryptocurrency market what the U.S. dollar is to fiat currencies.
In any case, I would choose Bitcoin.

In the long run, investing in Bitcoin is more profitable. 

The price of Bitcoin goes up in the long run.  During a bear market, the price of Bitcoin falls less than the price of altcoins. 

At the same time, during a bull market (when investors are more tolerant of high-risk investments), it is more profitable to invest in altcoins.  At the same time, you need to invest in new altcoins, with an interesting idea and a developed ecosystem. 

However, such investments should be of a short-term nature.


Title: Re: Bitcoin or altcoin?
Post by: gunhell16 on December 01, 2022, 10:04:21 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

Bitcoin and altcoins both provide an opportunity to anyone who wants to earn money dude, it just depends on the development and innovation of what updates there are in some altcoins, just like Shiba Inu, Solana, and Polygon, each has its own are doing good development in their communities. And with Bitcoin, that's a given because it's proven and tested.

Now of course it depends on the understanding of each individual as to how he will buy which altcoins he wants to make long term or short term, it's just that simple for us to understand this movement in this industry.


Title: Re: Bitcoin or altcoin?
Post by: ethereumhunter on December 01, 2022, 10:05:07 AM
Bitcoin is one of the top investment in Crypto and very few people know about it's promising future. It's very crucial to invest in Bitcoin, to me, it's come first because it have large trading volume and it's 100% trusted compared to some random scammed project. Altcoins can make massive pump and still dumps easily without stress. Sometimes I wonder how peor would choose altcoins over bitcoin, which is one clueless decision to make.
But of the many altcoins on the market, it can be difficult to find this hidden gem. And it's only natural that those from the top altcoin list can increase greatly because of the pump because those altcoins still have strong support to increase. But for other altcoins, it won't be easy especially if they are ranked after 500-1000 positions.

So investing in bitcoin is the solution because it is bound to increase in the future and we have no difficulty choosing it as our investment. And if the bitcoin price goes down, that will be our opportunity to buy more.


Title: Re: Bitcoin or altcoin?
Post by: Rockstarguy on December 01, 2022, 10:49:33 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Buying altcoin this time to invest is risky, if one should ask me to advice which cryptocurrency is the best to invest in, I'll choose Bitcoin and encourage anyone to invest in bitcoin. The reason why I prefer bitcoin than altcoin is because bitcoin is reliable,  since the existence of bitcoin it is has never crashed and it is safe to invest bitcoin in the bear season.  The bear season is a time many altcoin lose their values and never recover, many altcoin later turn out to be a scam project at the end .


Title: Re: Bitcoin or altcoin?
Post by: Inwestour on December 01, 2022, 11:42:50 AM
Without sentiments, I'll encourage anyone (although, I'll still be pretty clear on the user to DYO just for the individual to understand that, it goes both ways in an investment, Profit/Lose) to go for a bitcoin investment as oppose to altcoins.

Yeah, I get the point your trying to make as per, altcoins can just boom from maybe a $0.000001 value to $50 in value and an original $10 investment could make some huge difference but, that is hardly the case. Without any statistics to prove, I'll say that happens 1 in every 10,000 altcoins.

How then can you tell your not throwing away your money in a trash in the name of an altcoin investment.

In the case of bitcoin, there is a lot of securities on it and all you've got to do is keep buying and hold. A time would come when the price would sky rocket as well.
This is even more true now when we see so many projects go bankrupt, even projects with a strong community, and many investors lose all their money. There is no need to increase risks by investing in altcoins. When bitcoin starts to grow it will bring good profit, maybe it will be a little less than some altcoins will do, but you don’t know which altcoin will grow and make a profit, and which one will go bankrupt.


Title: Re: Bitcoin or altcoin?
Post by: redsun114 on December 01, 2022, 11:28:11 PM
Yes, it is still advisable for anyone to continue buying bitcoin because it's price is still down. The quality of bitcoin is more superior compared to altcoins so having a small amount of btc will always be better than a one whole altcoin. We should always prioritize btc but it's also not bad to have some altcoins with us, only to have a diversified portfolio.

Just carefully pick the altcoins that you want to buy. Usually, those who go for quantity more than quality are newbies. Same when I was still new here. I do not like btc because it was expensive and I feel happy to see that my wallet is filled with different types of small coins but that mentality of me had changed overtime.


Title: Re: Bitcoin or altcoin?
Post by: kawetsriyanto on December 01, 2022, 11:59:14 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
I won't advise anyone to buy BTC or altcoins, both are risky investments. He/she will blame me if I advise him/her to invest. However, if someone asks for help, I only want to explain the advantages and disadvantages of investing in each Bitcoin and altcoins. Then, he must decide himself to choose which coin he desires. The basic thing is to invest in crypto with our own intention/own will, don't invest in BTC or altcoins because of others' advice.

By the way, BTC may be a safer coin to invest in. But altcoins sometimes can be more profitable than Bitcoin. Because each has its own advantages and disadvantages, people prefer to diversify their assets by investing in both.

DWYOR



Title: Re: Bitcoin or altcoin?
Post by: Rengga Jati on December 01, 2022, 11:59:20 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Bitcoin is much better to buy during this bearish era for long-term investment, to prepare it for the next bullish era. This also has lower risks than altcoins. You may probably get very high profits from altcoin investments, but we also know how risky they are. This seems to be a high-risk high return probability. Sometimes, you can earn money from altcoins, but if something happened, even in the bullish era, altcoins may not be able to reach their ATH again. Although it is able to reach it, it may not happen in all altcoins, only certain altcoins. But, who will guarantee what altcoins? That is why it is clear enough that Bitcoin is the best choice, at least for me, learning from previous experiences in the previous bearish and bullish eras.


Title: Re: Bitcoin or altcoin?
Post by: Hispo on December 02, 2022, 02:52:42 AM
I personally believe that one should not tell others where to put their money, but rather guide them and help them to do their own research. I think investments are quite a personal think.

In that order of ideas, if someone asked me where to invest then I would likely present the pros and cons of those altcoins in the top 10 and also the things one needs to keep in mind while holding Bitcoin. In the end, it is better when people invest in something their actually believe in and not only because someone gave them unprofessional advice.


Title: Re: Bitcoin or altcoin?
Post by: Minor Miner on December 02, 2022, 03:09:26 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
I won't advise anyone to buy BTC or altcoins, both are risky investments. He/she will blame me if I advise him/her to invest. However, if someone asks for help, I only want to explain the advantages and disadvantages of investing in each Bitcoin and altcoins. Then, he must decide himself to choose which coin he desires. The basic thing is to invest in crypto with our own intention/own will, don't invest in BTC or altcoins because of others' advice.

By the way, BTC may be a safer coin to invest in. But altcoins sometimes can be more profitable than Bitcoin. Because each has its own advantages and disadvantages, people prefer to diversify their assets by investing in both.

DWYOR



The best decision, should not give any investment advice to anyone, especially those who do not have any knowledge of the market. Cryptocurrencies are extremely risky investments, and many people are unwilling to endure market volatility and accept losses. If anyone asks me, I will also give them the knowledge and the most basic things to be able to enter the market. We invest in crypto but we also cannot guarantee that we will make a profit in this market so it makes no sense to give financial advice to others.


Title: Re: Bitcoin or altcoin?
Post by: alexandr1115 on December 02, 2022, 06:50:29 PM
I personally believe that one should not tell others where to put their money, but rather guide them and help them to do their own research. I think investments are quite a personal think.

In that order of ideas, if someone asked me where to invest then I would likely present the pros and cons of those altcoins in the top 10 and also the things one needs to keep in mind while holding Bitcoin. In the end, it is better when people invest in something their actually believe in and not only because someone gave them unprofessional advice.


I agree with your statements! It seems to me that it is not necessary to divide bitcoin and alternative cryptocurrencies into categories so much, because all this refers to financial instruments! Each tool has its own distinctive features. For example, bitcoin has a much larger capitalization and it is much more difficult to raise the price for it, and alternative cryptocurrencies have a smaller capitalization and it is much easier to raise their price!!! It's just that, of course, a huge role is played by the fact that bitcoin originally appeared, and only then alternative cryptocurrencies went, and only because of this more attention is paid to Bitcoin, but according to their idea these are all financial instruments.


Title: Re: Bitcoin or altcoin?
Post by: virasog on December 02, 2022, 07:18:00 PM
I personally believe that one should not tell others where to put their money, but rather guide them and help them to do their own research. I think investments are quite a personal think.

In that order of ideas, if someone asked me where to invest then I would likely present the pros and cons of those altcoins in the top 10 and also the things one needs to keep in mind while holding Bitcoin. In the end, it is better when people invest in something their actually believe in and not only because someone gave them unprofessional advice.


It is quite obvious that bitcoin is far more safe investment than altcoins but most retail investors failed to understand this reality.
Yes, the investment is everyone's personal and individual decision, and they are responsible for any loss or profit from investment in cryptocurrencies.

I think instead of remaining silent; it is better to guide our near and dear ones to invest in bitcoin and don't get greedy seeing the altcoins returns are more that the bitcoin investment. It is our duty to at least tell them the truth that altcoins investments can be risky (also give them examples of FTX and LUNA scams) and then let them decide where they want to invest.


Title: Re: Bitcoin or altcoin?
Post by: KingsDen on December 02, 2022, 11:20:52 PM
I personally believe that one should not tell others where to put their money, but rather guide them and help them to do their own research. I think investments are quite a personal think.

In that order of ideas, if someone asked me where to invest then I would likely present the pros and cons of those altcoins in the top 10 and also the things one needs to keep in mind while holding Bitcoin. In the end, it is better when people invest in something their actually believe in and not only because someone gave them unprofessional advice.


You are correct, we should always teach people and allow them to make their choice. But for record purposes, I have never taught anyone about cryptocurrency and begin to mention alcoins. I don't even mention them individually. I will only say that there is bitcoin and there is altcoins which includes Eth, Bnb, dodge etc. That is the extent that I go.
If the person insist I should tell them where to invest, I'll tell them where I invested, which is in BTC.

Anyone I'm BTC should not have the mindset of getting rich overnight. If anyone has such mindset, let them invest in altcoins and shitcoins, they could become overnight millionaires.


Title: Re: Bitcoin or altcoin?
Post by: Ryu_Ar1 on December 02, 2022, 11:51:31 PM
I personally believe that one should not tell others where to put their money, but rather guide them and help them to do their own research. I think investments are quite a personal think.

In that order of ideas, if someone asked me where to invest then I would likely present the pros and cons of those altcoins in the top 10 and also the things one needs to keep in mind while holding Bitcoin. In the end, it is better when people invest in something their actually believe in and not only because someone gave them unprofessional advice.


You are correct, we should always teach people and allow them to make their choice. But for record purposes, I have never taught anyone about cryptocurrency and begin to mention alcoins. I don't even mention them individually. I will only say that there is bitcoin and there is altcoins which includes Eth, Bnb, dodge etc. That is the extent that I go.
If the person insist I should tell them where to invest, I'll tell them where I invested, which is in BTC.

Anyone I'm BTC should not have the mindset of getting rich overnight. If anyone has such mindset, let them invest in altcoins and shitcoins, they could become overnight millionaires.
Actually, I also feel that things like this are too much because if indeed we compare things like this, there are continuing to exist, even as time goes by, about bitcoin and altcon or maybe one altcoin with another.
Is it true that this difference will eventually become a benchmark because I think of course not because in this case we have our own selection for that.
Apart from that we know a lot of people's absolute answer is "bitcoin" nothing else on this subject.


Title: Re: Bitcoin or altcoin?
Post by: mich on December 03, 2022, 05:25:35 AM
There are a lot of different approaches to investing into the crypto space. I’ve tried different moves over the last few years but I’ve had the best gains on BTC more then altcoins.

In fact, at the moment I’m basically all in on Bitcoin. BTC just always preforms, I mean when you look at the history of consistent gains I think I’m in a great position. I don’t even look at my wallet these days, I’m all about the long hold.


Title: Re: Bitcoin or altcoin?
Post by: Mamun74 on December 03, 2022, 07:13:32 AM
Bitcoin and Altcoin both are best in their own perform. But when you have to compare them then i choose to prefer Bitcoin. Bitcoin is king of all coin and most valuable coin then altcoin. I think people always start to investing with their own choice or someone's advice by their total amount for invest.Don't be panic in bitcoin price. Bitcoin price always surprised us so i believe bitcoin price will be recover again.So you can hold long time, you will be benefited from your holding coin.


Title: Re: Bitcoin or altcoin?
Post by: Fara Chan on December 03, 2022, 08:40:55 AM
Whether still in a state of sentiment or not, bitcoin is much better than altcoins, I believe you do not mean to compare bitcoins with altcoins, but rather try to speculate about the advantages of both. In more distant cases, Bitcoin is more reliable as a promising asset compared to Altcoins. That's why people will keep on suggesting bitcoin as the best investment, altcoins have found a worse path, Luna being the smallest part of the bad examples that altcoins have produced or there are many other examples you can find.


Title: Re: Bitcoin or altcoin?
Post by: GreatArkansas on December 03, 2022, 09:13:38 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
I will choose Bitcoin always. Especially during these times like now. For me, it is much better to accumulate more Bitcoin than altcoin, I'm not telling altcoin is really not worth it, but maybe a small percentage is good. Because for me, Bitcoin is always the largest percentage on my bag.


Title: Re: Bitcoin or altcoin?
Post by: Antonas1 on December 03, 2022, 09:16:23 AM
This question is too general, so the answer also still depends on several things:
1. What coin is compared to Bitcoin. Because someone will definitely go straight to one or two altcoin names.
2. The goal or target of that person to make an investment.

You cannot apply the same answer to everyone with different coins/tokens and missions.

Example:
Some people say buying Doge is better for getting money faster and more than buying BTC. Me and others say, Doge is shit.


Title: Re: Bitcoin or altcoin?
Post by: Nrcewker on December 03, 2022, 09:48:39 AM
There are a lot of different approaches to investing into the crypto space. I’ve tried different moves over the last few years but I’ve had the best gains on BTC more then altcoins.

In fact, at the moment I’m basically all in on Bitcoin. BTC just always preforms, I mean when you look at the history of consistent gains I think I’m in a great position. I don’t even look at my wallet these days, I’m all about the long hold.

The reason for which Bitcoins always perform is just due to the huge marketcap of the coin. As Bitcoins are way too popular that, whenever it comes down in price, the next moment it hints that it will grow up. Bitcoins historically moves also made him quite popular for which many people along with me are more interested than any other altcoins. I am not saying altcoins are bad, the fact is that, the risk involved in it is high. For safe and secure long term investments, Bitcoins are a great choice.


Title: Re: Bitcoin or altcoin?
Post by: akuntester1 on December 03, 2022, 10:24:51 AM
I personally believe that one should not tell others where to put their money, but rather guide them and help them to do their own research. I think investments are quite a personal think.

In that order of ideas, if someone asked me where to invest then I would likely present the pros and cons of those altcoins in the top 10 and also the things one needs to keep in mind while holding Bitcoin. In the end, it is better when people invest in something their actually believe in and not only because someone gave them unprofessional advice.


Yes, of course I may suggest or prefer someone to invest in bitcoin.
Just suggesting and sharing what I know.

Because I prefer not to have any full influence on a person as to where they will put their money to invest.
I better explain what and how the risks are in investing in bitcoin or altcoins.
By explaining it like that, of course they will know more about the risks and they will be better prepared for any possibilities that will be faced.
I prefer to share what I know and let them decide where to invest their money.

I think it's wiser for the person to take responsibility for their own investment with their own knowledge and research.
If they are successful with their investment it will definitely be more enjoyable because of their own efforts and decisions.
If they are not profitable with their investment of course it will be an experience for him.
I think we will be better off if we stand by our own experience right?.


Title: Re: Bitcoin or altcoin?
Post by: lizarder on December 03, 2022, 11:13:51 AM
This question is too general, so the answer also still depends on several things:
1. What coin is compared to Bitcoin. Because someone will definitely go straight to one or two altcoin names.
2. The goal or target of that person to make an investment.
For me this is easy enough to answer. When talking about bitcoin, what people always describe is a fairly promising investment, because the long process it has gone through has had a significant impact on protecting investment value. So far there is not a single relevant coin to compare with bitcoin, both directly related to price and market capitalization that affect it.
Bitcoin is an alternative in investment, while altcoins still give a question mark about its future.

Quote
You cannot apply the same answer to everyone with different coins/tokens and missions.

Example:
Some people say buying Doge is better for getting money faster and more than buying BTC. Me and others say, Doge is shit.
Generally people will definitely choose bitcoin, although this answer cannot be given in general to everyone, the advantages of bitcoin are far greater than altcoins and almost many people know this.
Likewise the other way around, some people say buying Bitcoin is faster to get profit and that is much more true in my understanding. Especially when people can buy Bitcoin at the right time, but the amount of profit depends on the amount of investment people take. Finally we can conclude that bitcoin is far better than altcoins in any capacity and comparison.


Title: Re: Bitcoin or altcoin?
Post by: NdaMk on December 03, 2022, 11:15:18 AM
Using the strong community as a lure is not enough to persuade everyone to invest in altcoins. Bitcoin is the real deal here; I would not recommend any altcoin. Altcoins with a large community are now mostly centralized by individuals or investors. Why not invest in a coin that does not require a third party to own ownership? Irrespective of my sentiments, I would advise the person to go with bitcoin.


Title: Re: Bitcoin or altcoin?
Post by: Hispo on December 03, 2022, 03:33:28 PM
-snip-

It is quite obvious that bitcoin is far more safe investment than altcoins but most retail investors failed to understand this reality.
Yes, the investment is everyone's personal and individual decision, and they are responsible for any loss or profit from investment in cryptocurrencies.

I think instead of remaining silent; it is better to guide our near and dear ones to invest in bitcoin and don't get greedy seeing the altcoins returns are more that the bitcoin investment. It is our duty to at least tell them the truth that altcoins investments can be risky (also give them examples of FTX and LUNA scams) and then let them decide where they want to invest.

Despite of the fact Bitcoin is more reliable that most of the altcoins, there is people who try to find the "next Bitcoin", they believe they missed out both Bitcoin and Ethereum, but they ignore this is not a matter of price but rather a matter of percentages.

I have read people who believe they should not buy Bitcoin (regardless of the bear market), because they assume crypto is only supposed to be bought at cents and sold for thousands. It is a sort of financial lack of education or awareness.



-snip-

You are correct, we should always teach people and allow them to make their choice. But for record purposes, I have never taught anyone about cryptocurrency and begin to mention alcoins. I don't even mention them individually. I will only say that there is bitcoin and there is altcoins which includes Eth, Bnb, dodge etc. That is the extent that I go.
If the person insist I should tell them where to invest, I'll tell them where I invested, which is in BTC.

Anyone I'm BTC should not have the mindset of getting rich overnight. If anyone has such mindset, let them invest in altcoins and shitcoins, they could become overnight millionaires.

In the end, it is also tempting not to talk about Bitcoin at all, so one can conceal one's satoshis holdings.
Funny enough, not even early adopters of Bitcoin became rich over night, they also had to hold for a while and resist the temptation to sell at prices like 100$ or 1000$ many sold and nowadays regret it.


Title: Re: Bitcoin or altcoin?
Post by: Party24*7 on December 03, 2022, 04:11:44 PM
Of course, investing in bitcoin is safer than altcoins but I wouldn't advise anyone if they are completely new to the market. Bitcoin is a good investment but it also becomes harmful to other people if they don't know anything about Bitcoin, don't know its volatility and unfortunately, they buy bitcoin at ATH then they will fail as usual. So educate them rather than advise them to invest in the first place.


Title: Re: Bitcoin or altcoin?
Post by: add1ct3dd on December 03, 2022, 04:18:42 PM
This is even more true now when we see so many projects go bankrupt, even projects with a strong community, and many investors lose all their money. There is no need to increase risks by investing in altcoins. When bitcoin starts to grow it will bring good profit, maybe it will be a little less than some altcoins will do, but you don’t know which altcoin will grow and make a profit, and which one will go bankrupt.
That is because we have focused on making the project devs richer and not ourselves, that caused all of this.
If we keep giving more and more money to new projects, then people will create projects just to take our money and nothing more, that causes all the trouble we have right now.

I know that we could also focus on the old ones and not give our money but that doesn't sound like it would actually make any progress, we need new projects to provide us with new ideas and developments as well.

So, we need to just find the good ones and invest, and ignore the ones that are just copy of the others, and that way we could both make money and also not risk it.


Title: Re: Bitcoin or altcoin?
Post by: Peanutswar on December 03, 2022, 05:18:58 PM
It depends for the length of purpose holding your coin also its good if you have different assets and not just only for single coin if the market crashes you will not get nothing and also investing in crypto currency market volatility makes you think to invest on what coin with this current situation of the market ideal to accumulate token as much as you can so when the bull run comes you are not getting left behind.


Title: Re: Bitcoin or altcoin?
Post by: Odusko on December 03, 2022, 05:27:33 PM
If anyone should ask for my financial investment advice I will gladly introduce Bitcoin to them, but that is if they are going for long-term holding Bitcoin price is low at the moment and any purchase below DCA of $20,000 is a good buy-in.
And if held for long or will definitely yield in price and thereby give good profits, and if the Bitcoin is bought bits by bits it will be less risky since there is the possibility of more Bitcoin price decline but if the price go otherwise it will affect your purchasing power unless you are ready to increase the capital per months.


Title: Re: Bitcoin or altcoin?
Post by: Hamza2424 on December 03, 2022, 05:30:03 PM
Woops again a typical question from my dear fellows, I would like to answer it again in the same way as I always do to such question a straightforward and savage reply haha, its only the Bitcoin era dear, I would say Bitcoin has no match why? you can find many reasons so I think that's not necessary to mention


Title: Re: Bitcoin or altcoin?
Post by: eddie.gouws on December 03, 2022, 05:35:01 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

I am a big fan of Bitcoin and believe it will continue to be the king of cryptocurrencies. However, there are many great altcoins out there that offer unique features and could be excellent investment opportunities. For example, Ethereum is brilliant because of its ability to execute smart contracts, and I think Stratis will do very well because it offers blockchain-as-a-service technology.

That said, in my opinion Bitcoin is still the best bet for long term investment due to its first-mover advantage, network effects, and overwhelming popularity.


Title: Re: Bitcoin or altcoin?
Post by: DU18 on December 03, 2022, 05:43:28 PM
Bitcoins or Altcoins?
To be honest, I have no problem with both as long as it can benefit me, so far I have invested in both and I don't think it makes any difference at all except in the use of the investment method that I do, for long-term investment methods, of course we all know and agree if bitcoin is the most suitable investment, but for the short term of course altcoins provide many choices for us in trading, altcoins and bitcoin in my opinion it doesn't matter if we can really use it and also understand how to be able to benefit from both ;D.


Title: Re: Bitcoin or altcoin?
Post by: borovichok on December 03, 2022, 05:44:04 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
It's my of my target to buy bitcoin even though it's not up to one piece of it, but accumulating the pieces equivalent to your size of account is one of the presentable stuff and it's very important to hit the price target once it pump. We all know that bitcoin is an ultimate coin that have a promising future but currently in dip due to the market volatility. Although accumulating altcoins is not a bad idea but also one of the good starts to begin with. Altcoins made me have 50x of my capital within a week, like when I bagged GMT before it pump to the moon. Bagging altcoins is very nice idea but researching about the one to bagged is compulsory.


Title: Re: Bitcoin or altcoin?
Post by: salad daging on December 03, 2022, 06:47:19 PM
Bitcoins or Altcoins?
To be honest, I have no problem with both as long as it can benefit me, so far I have invested in both and I don't think it makes any difference at all except in the use of the investment method that I do, for long-term investment methods, of course we all know and agree if bitcoin is the most suitable investment, but for the short term of course altcoins provide many choices for us in trading, altcoins and bitcoin in my opinion it doesn't matter if we can really use it and also understand how to be able to benefit from both ;D.
I follow the same tradition, altcoins are always used when there are short term profits whereas long term bitcoins are to be invested and I don't choose anything else during the long term except daily or weekly trading in altcoins.

This is clearly completely different when compared to Bitcoin and Altcoins it is more terrible to choose long-term altcoins this will be a high risk for example, Luna and FTT, which have to be manipulated by their owners, while bitcoin cannot control it except for whales that slightly affect the market, but bitcoin being able to recover rather than altcoins which will be destroyed later, it's more appropriate to throw away altcoins save bitcoin this is a suggestion for long term investment.

Someone if asked what is the best investment in Crypto? I said Bitcoin, after you understand you can choose according to your own criteria but still I said bitcoin is the best of all.


Title: Re: Bitcoin or altcoin?
Post by: Wakate on December 03, 2022, 07:23:00 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
For Bitcoin is the only cryptocurrency that is safe looking at how many great projects from different exchanges and team had been falling and no one knows if the coin you are holding right now will be the next victim. If we want to invest in cryptocurrency them Bitcoin should be our ultimate aim because it is the major coin that controls the market and without Bitcoin moving an inch, many of the strong projects we have in the market will just be ranging for as long as Bitcoin does not move, unless it is pumped and dump. Some altcoins are good but we will be more safer when holding Bitcoin.


Title: Re: Bitcoin or altcoin?
Post by: len01 on December 03, 2022, 08:06:39 PM
Bitcoins or Altcoins?
To be honest, I have no problem with both as long as it can benefit me, so far I have invested in both and I don't think it makes any difference at all except in the use of the investment method that I do, for long-term investment methods, of course we all know and agree if bitcoin is the most suitable investment, but for the short term of course altcoins provide many choices for us in trading, altcoins and bitcoin in my opinion it doesn't matter if we can really use it and also understand how to be able to benefit from both ;D.
bitcoin or altcoins are equally profitable but in a bearish situation like this it would be better to choose long term investments.
indeed altcoins are good enough for short-term investments but the current risk is very large if you don't have proper analysis. take a look at some of the events that caused altcoins to drop drastically such as the LUNA and FTT crashes that happened to FTX.
may need to reconsider buying altcoins.
I'm not suggesting not to buy altcoins, but I'm just having an opinion


Title: Re: Bitcoin or altcoin?
Post by: KingsDen on December 03, 2022, 08:56:45 PM

-snip-

You are correct, we should always teach people and allow them to make their choice. But for record purposes, I have never taught anyone about cryptocurrency and begin to mention alcoins. I don't even mention them individually. I will only say that there is bitcoin and there is altcoins which includes Eth, Bnb, dodge etc. That is the extent that I go.
If the person insist I should tell them where to invest, I'll tell them where I invested, which is in BTC.

Anyone I'm BTC should not have the mindset of getting rich overnight. If anyone has such mindset, let them invest in altcoins and shitcoins, they could become overnight millionaires.

In the end, it is also tempting not to talk about Bitcoin at all, so one can conceal one's satoshis holdings.
Funny enough, not even early adopters of Bitcoin became rich over night, they also had to hold for a while and resist the temptation to sell at prices like 100$ or 1000$ many sold and nowadays regret it.
Some early adopters of Bitcoin are living in regret today, many of them could not hold for a very long time. I think when BTC was worth 0.45 dollars as at the time that the Bitcoin pizza transaction happened anyone that occupied the early spot then and eventually sees bitcoin at $50, they will see it as a life-changing opportunity and cash out then on the longer run Bitcoin met a new all-time high of 10,000 dollars, they will live in regret.
The same thing is happening today and that is why we say bitcoin is cyclical, many people are seeing the opportunity of 16,000 dollars today but in less than five years or so bitcoin could be at 100,000 and another set of regrets will happen.


Title: Re: Bitcoin or altcoin?
Post by: DaNNy001 on December 03, 2022, 10:15:36 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

For me i would definitely advice him/her to go for a bitcoin investment.  But only with the proper orientation on how the market works bitcoin and altcoin are great cryptocurrency but due to recent drama with most centralized system like the crash of luna and ftx have seen many people that had their lifetime investment on these coins go down the drain. So its preferable to advice someone to go for  bitcoin which is a decentralized system and more safer and capability of them making lots of profits are even more especially during this bear season if you can just have the patience to hodl your invested coin for a long term investment you will sure that Btc will rise again and you will be smiling by then.


Title: Re: Bitcoin or altcoin?
Post by: Maidak on December 03, 2022, 10:30:14 PM
Bitcoins or Altcoins?
To be honest, I have no problem with both as long as it can benefit me, so far I have invested in both and I don't think it makes any difference at all except in the use of the investment method that I do, for long-term investment methods, of course we all know and agree if bitcoin is the most suitable investment, but for the short term of course altcoins provide many choices for us in trading, altcoins and bitcoin in my opinion it doesn't matter if we can really use it and also understand how to be able to benefit from both ;D.

That's exactly right. We have to remember our goal here, if it is profit, then don't differentiate them but invest in both as long as it can bring profit for us. Bitcoin for long-term and altcoin for short-term investments, just the right combination, and we will maximize our profit.
But if to give advice to someone I would only recommend bitcoin as the only investment as not everyone can take the risk like us, altcoins can be profitable in the short term but with that comes risk as well as finding investment altcoins is much harder than bitcoin.


Title: Re: Bitcoin or altcoin?
Post by: ilovealtcoins on December 03, 2022, 11:28:57 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
My opinion Bitcoin investment no risky because thay currency buy most people.Bitcoin king of crypto market.So I believe bitcoin not altcoin.This is huge volume crypto market.Alt coin some time profit but most time Risky.So people didn't risky coin buy.So I therefore my opinion Bitcoin investment people Most time profitable.


Although bitcoin being the king of crypto does not mean bitcoin is risk-free, bitcoin is still considered a risky investment because of its volatility as well as world recognition for it is not yet universal. The future of bitcoin is still a question mark and uncertain like gold or other real assets, so whether it's bitcoin or altcoins, we only invest with what we can lose.


Title: Re: Bitcoin or altcoin?
Post by: stadus on December 04, 2022, 11:24:56 AM
Choosing altcoins may have some problems if we choose those worthless and useless coins, probably scam projects. But if you just pick potential altcoins OP there is no problem, they are also profitable and even sometimes more profitable than Bitcoin.

In fact, the majority of the investors are holding Bitcoin and a few altcoins. Perhaps it was advisable. But of course, putting a huge chunk of our funds into Bitcoin is recommended because we know that Bitcoin is the most trusted coin in the market. However, it was not just because we choose Bitcoin or altcoins we already know the results because there are factors that could affect it, and one factor is "how you manage your fund".


Title: Re: Bitcoin or altcoin?
Post by: Antonas1 on December 04, 2022, 11:52:47 AM
This question is too general, so the answer also still depends on several things:
1. What coin is compared to Bitcoin. Because someone will definitely go straight to one or two altcoin names.
2. The goal or target of that person to make an investment.
For me this is easy enough to answer. When talking about bitcoin, what people always describe is a fairly promising investment, because the long process it has gone through has had a significant impact on protecting investment value. So far there is not a single relevant coin to compare with bitcoin, both directly related to price and market capitalization that affect it.
Bitcoin is an alternative in investment, while altcoins still give a question mark about its future.

Quote
-snip-
Generally people will definitely choose bitcoin, although this answer cannot be given in general to everyone, the advantages of bitcoin are far greater than altcoins and almost many people know this.
Likewise the other way around, some people say buying Bitcoin is faster to get profit and that is much more true in my understanding. Especially when people can buy Bitcoin at the right time, but the amount of profit depends on the amount of investment people take. Finally we can conclude that bitcoin is far better than altcoins in any capacity and comparison.

I know Bitcoin is the best, but this case is a little different. I'll try to explain what I mean with a simple example.
If the OP has little money and wants to trade short-term, then altcoins are the best solution for him. Because the capital amount will set the profit amount. If he buys Bitcoin for a few bucks only and the price moves only a little, he will get a small profit.

But he must remember, not every altcoin can give big profits. Research will be needed.


Title: Re: Bitcoin or altcoin?
Post by: Davidvictorson on December 04, 2022, 01:22:43 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
These days I am careful on what I say to people especially bitcoin or cryptocurrency enthusiast about it. I really do not tell people to invest or buy bitcoin or any altcoin as the case may be. What I do is that I present them with the pros and cons and allow them to make their own informed decision. We are at a very critical time where what you say can and might be used against you by whom ever you may have said it to in relation to investing in Bitcoin or any other altcoin.


Title: Re: Bitcoin or altcoin?
Post by: Anguwa on December 04, 2022, 01:38:27 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
You'll decide what to buy once you've done your own research, but I personally suggest buying Bitcoin rather than any alternative cryptocurrencies (any). Large investors put their trust in Luna and invested in the project, but they now fail for reasons that are not important enough. The same is true for FTX; many exchanges fail due to such trust problems. However, Bitcoin is still around and it is the primary cryptocurrency that even controls the entire Bitcoin market, so Bitcoin is the way.


Title: Re: Bitcoin or altcoin?
Post by: Lillominato89 on December 05, 2022, 12:05:22 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

honestly, I always recommend investing in bitcoin even for a few hundred dollars, I strongly advise against buying altcoins. at least that the person I have to give advice to is a serial speculator so I could give some advice on what is better to bet or not, and never out of the top 10 cryptocurrencies


Title: Re: Bitcoin or altcoin?
Post by: Prince Malik on December 05, 2022, 02:27:55 AM
Personally i don't have the courage to advise someone to buy something and i don't like financial advises in general, but if you ask me about my investment i always prefer to put the biggest part of my money on Bitcoin and ETH while i try to hunt some new coins with big potential after investigating about the project idea, tokenmic...etc


Title: Re: Bitcoin or altcoin?
Post by: lizarder on December 05, 2022, 09:32:51 AM
I know Bitcoin is the best, but this case is a little different. I'll try to explain what I mean with a simple example.
If the OP has little money and wants to trade short-term, then altcoins are the best solution for him. Because the capital amount will set the profit amount. If he buys Bitcoin for a few bucks only and the price moves only a little, he will get a small profit.
If you want to look at the best, it's clear that bitcoin is superior to altcoins, since the OP's question concerns "Bitcoins or altcoins". So I try to adapt the narrative to the OP's statement, although there are also those who use altcoins as short-term investments. Bitcoin can also be used like an altcoin buying pattern, by buying gradually according to the ability of the capital you have, even though the profit is smaller and if you use it long term with gradual purchases it will be more profitable for bitcoin.
At least this is what I have been doing for the past year.

Quote
But he must remember, not every altcoin can give big profits. Research will be needed.
Research is needed in determining investment in altcoins, especially in choosing fundamental altcoins. However, if a long-term pattern is used, it is also not certain that it can be maximally profitable, altcoins are still quite speculative about their journey, so they require more thorough research before making a decision on the parts in it.


Title: Re: Bitcoin or altcoin?
Post by: yudi09 on December 05, 2022, 10:38:22 AM
It's better to buy Bitcoin even in small amounts than to buy altcoins that can be obtained in larger quantities than Bitcoin even though the altcoins have a strong community because in price they will always follow Bitcoin. Furthermore, the decision is up to each of us in choosing and every decision is very dependent on the ability of the money we have. Even better if we can afford both.


Title: Re: Bitcoin or altcoin?
Post by: worle1bm on December 05, 2022, 11:13:38 AM
If you are saying about choosing a profitable investment route rather then loss road then definitely bitcoin is the right choice for you ahead and advice will always be the same to anyone.As you have said the altcoin with great community support so you can specify about it? With the amount you can get good amount of altcoin but you will not get any return in the future so are you willing to block your amount in them? If the choice is between btc and altcoin then definitely bitcoin is the answer.


Title: Re: Bitcoin or altcoin?
Post by: suzanne5223 on December 05, 2022, 11:44:50 AM
If you are saying about choosing a profitable investment route rather then loss road then definitely bitcoin is the right choice for you ahead and advice will always be the same to anyone.As you have said the altcoin with great community support so you can specify about it? With the amount you can get good amount of altcoin but you will not get any return in the future so are you willing to block your amount in them? If the choice is between btc and altcoin then definitely bitcoin is the answer.
I think cryptocurrency enthusiasts need to understand there will be no other coin like Bitcoin no matter how promising it may look. For the record, all altcoins are hype based and also highly manipulated.
No matter the great community support any altcoin had 99% of the altcoin supporter are enthusiasts of Bitcoin and this is the reason why I never agree with the statement of not keeping all eggs in one basket when we talk about cryptocurrency investment.


Title: Re: Bitcoin or altcoin?
Post by: Antonas1 on December 05, 2022, 12:13:56 PM
-snip-
If you want to look at the best, it's clear that bitcoin is superior to altcoins, since the OP's question concerns "Bitcoins or altcoins". So I try to adapt the narrative to the OP's statement, although there are also those who use altcoins as short-term investments. Bitcoin can also be used like an altcoin buying pattern, by buying gradually according to the ability of the capital you have, even though the profit is smaller and if you use it long term with gradual purchases it will be more profitable for bitcoin.
At least this is what I have been doing for the past year.
And since the OP didn't give details regarding the person's goals, I don't think I can give the same answer to the different people.
I answer like that cause I've experienced it. In 2017 my friend asked me if it was better to buy Bitcoin or altcoins. I said Bitcoin. Then he said "but we can't get quick profits huh?".
Long story short, a few months later he came to me and showed off his profit from buying LISK tokens. What can I say?

That's what I said; the answer depends on each person's target/mission.


Title: Re: Bitcoin or altcoin?
Post by: ajiz138 on December 05, 2022, 02:48:36 PM
If you are saying about choosing a profitable investment route rather then loss road then definitely bitcoin is the right choice for you ahead and advice will always be the same to anyone.As you have said the altcoin with great community support so you can specify about it? With the amount you can get good amount of altcoin but you will not get any return in the future so are you willing to block your amount in them? If the choice is between btc and altcoin then definitely bitcoin is the answer.
I think cryptocurrency enthusiasts need to understand there will be no other coin like Bitcoin no matter how promising it may look. For the record, all altcoins are hype based and also highly manipulated.
No matter the great community support any altcoin had 99% of the altcoin supporter are enthusiasts of Bitcoin and this is the reason why I never agree with the statement of not keeping all eggs in one basket when we talk about cryptocurrency investment.
If there is someone who keeps his assets in one basket then it is a wrong record that he does not understand about diversifying the assets he is running.

And we always think the same about bitcoin that this is the only coin above the price of the rest of the altcoins that have hype that is made by the owner or the community but in reality many beginners get caught up in altcoins because of the FOMO they have heard so far, so it's not there is nothing better than Bitcoin I do not believe altcoins as a safe asset but a momentary profit and the rest will be garbage in the market.


Title: Re: Bitcoin or altcoin?
Post by: OsipBabin on December 06, 2022, 05:55:18 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?


Hodling is a btc nutjob cult thing, if you want to earn profit you have to sell.

BTC price can only multiply at a maximum of ~5X the peak in a given 5 year cycle.

Altcoins due to their lower price have a higher multiple of ~10X to ~50X capacity in a 5 year cycle.

Traders know altcoins is where the maximum profit$ are located.

So you only need to decide are you a trader interested in earning profit$ or a BTC Cult member that hodl just because the cult says so.  :)


Bitcoin investors and holders are basically for profit, and it is impossible to hold it all the time. In an extreme situation, if Bitcoin believers keep holding Bitcoin and do not make any transactions, Bitcoin has already become history .


Title: Re: Bitcoin or altcoin?
Post by: Alpha Marine on December 06, 2022, 12:58:01 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?



Its got to be bitcoin. Without any doubt. In a bull market you'll have more profit with bitcoin than altcoins.
Bitcoin is like the SI unit of crypto. If bitcoin isn't performing well then other coins are not performing well and bitcoin can be performing well while other coins may not be performing well.
As a beginner, before you invest in altcoin, you have to carry out a lot of research to be sure which would be profitable to you. we've seen cases where an altcoin multiples x3 within twenty four hours but you need to know which. So since you don't know which or not sure which its best you stick to bitcoin.


Title: Re: Bitcoin or altcoin?
Post by: suzanne5223 on December 06, 2022, 02:19:48 PM
I think cryptocurrency enthusiasts need to understand there will be no other coin like Bitcoin no matter how promising it may look. For the record, all altcoins are hype based and also highly manipulated.
No matter the great community support any altcoin had 99% of the altcoin supporter are enthusiasts of Bitcoin and this is the reason why I never agree with the statement of not keeping all eggs in one basket when we talk about cryptocurrency investment.
If there is someone who keeps his assets in one basket then it is a wrong record that he does not understand about diversifying the assets he is running.

And we always think the same about bitcoin that this is the only coin above the price of the rest of the altcoins that have hype that is made by the owner or the community but in reality many beginners get caught up in altcoins because of the FOMO they have heard so far, so it's not there is nothing better than Bitcoin I do not believe altcoins as a safe asset but a momentary profit and the rest will be garbage in the market.
You seem to be taking two sides instead of one because it is never a wrong record actually to keep one's eggs in one basket if we are relating to cryptocurrency investment that is if Bitcoin was the only asset invested in, and this doesn't mean the lack of diversification knowledge but playing safe because the only safe haven cryptocurrency will always be BTC and it's not by the hype created by Satoshi because BTC gained its reputation based on its fundamental concept, consensus, decentralization, etc. For the record, no altcoin can match BTC features.


Title: Re: Bitcoin or altcoin?
Post by: BigBos on December 06, 2022, 04:54:08 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Of course, I will still recommend Bitcoin as the safest investment alternative, because as long as I have been in the crypto world, I have lost a lot of value in Altcoins. If you only look at it from a community perspective and other fundamentals that say "everything works and are reliable", that still doesn't prove that altcoins are completely safe.
Not a few Altcoins have a very strong community but most of the Altcoins after the price falls due to FUD or other things that cause the price to fall, most are difficult to get back up, unlike Bitcoin, although it often experiences various threats of losing value, Bitcoin always grows back and even creating new ATH.


Title: Re: Bitcoin or altcoin?
Post by: Inwestour on December 06, 2022, 09:08:57 PM
If you are saying about choosing a profitable investment route rather then loss road then definitely bitcoin is the right choice for you ahead and advice will always be the same to anyone.As you have said the altcoin with great community support so you can specify about it? With the amount you can get good amount of altcoin but you will not get any return in the future so are you willing to block your amount in them? If the choice is between btc and altcoin then definitely bitcoin is the answer.
Holding altcoins is probably the riskiest thing an investor can do. If Bitcoin returned many times after the bear market and each time became stronger, then not all altcoins could repeat this. Many of them have become nothing and taken away from investors their funds, so is it worth taking these risks if there is bitcoin? The answer is obvious.


Title: Re: Bitcoin or altcoin?
Post by: SOKO-DEKE on December 06, 2022, 11:21:45 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

I don't think you have to look at the among of Bitcoin that you are holding but the value it worth. Holding altcoin equivalent to amount of 1 Bitcoin that doesn't mean you make more profitable.and it altcoins involves more risk than Bitcoin no matter how the community strong reach, and even some altcoins strong communities collapse sometimes e.g Luna, because most this community team founder took loan to invest in those altcoin. and also for security purposes I believe Bitcoin is more guided than altcoins. So i don't I have any reason to choose altcoins over Bitcoin because it is even Bitcoin that always determines the market price of altcoins once Bitcoin market priceb is dumping coins follow and also pumping you will see altcoin going up too. and for the long term investment I believe Bitcoin is in a saver side than altcoin.


Title: Re: Bitcoin or altcoin?
Post by: Bazzu on December 07, 2022, 02:44:54 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?



Its got to be bitcoin. Without any doubt. In a bull market you'll have more profit with bitcoin than altcoins.
Bitcoin is like the SI unit of crypto. If bitcoin isn't performing well then other coins are not performing well and bitcoin can be performing well while other coins may not be performing well.
As a beginner, before you invest in altcoin, you have to carry out a lot of research to be sure which would be profitable to you. we've seen cases where an altcoin multiples x3 within twenty four hours but you need to know which. So since you don't know which or not sure which its best you stick to bitcoin.

yes it is, so the point is still bitcoin is the main choice, because investing in bitcoin is very safe because the risk is not high, because in altcoins the risk is very high. like so many examples of people who have suffered losses in altcoins like Luna and recently followed by the ftx destruction. this proves that bitcoin is the safest.
and honestly I speak according to my experience in bitcoin and altcoins.


Title: Re: Bitcoin or altcoin?
Post by: len01 on December 07, 2022, 07:01:47 AM
If you are saying about choosing a profitable investment route rather then loss road then definitely bitcoin is the right choice for you ahead and advice will always be the same to anyone.As you have said the altcoin with great community support so you can specify about it? With the amount you can get good amount of altcoin but you will not get any return in the future so are you willing to block your amount in them? If the choice is between btc and altcoin then definitely bitcoin is the answer.
Holding altcoins is probably the riskiest thing an investor can do. If Bitcoin returned many times after the bear market and each time became stronger, then not all altcoins could repeat this. Many of them have become nothing and taken away from investors their funds, so is it worth taking these risks if there is bitcoin? The answer is obvious.
in more detail, when there is a smaller risk, why should you choose a bigger risk?

in fact altcoins really really have a greater risk than bitcoin.
we take the example of the collapse of FTX and the disappearance of Luna.
from this example we can see clear evidence that big risks must be borne when choosing altcoins as investment assets.
I'm not saying that altcoins are bad but I'm just giving examples of concrete evidence when holding altcoins for the long term.
maybe someone still denies that altcoins are very profitable, I will answer that it is true but only temporarily.


we must really be able to determine the best coin as an investment asset. all investments have risks but it would be better if we choose a smaller risk


Title: Re: Bitcoin or altcoin?
Post by: lizarder on December 07, 2022, 08:17:09 AM
And since the OP didn't give details regarding the person's goals, I don't think I can give the same answer to the different people.
I answer like that cause I've experienced it. In 2017 my friend asked me if it was better to buy Bitcoin or altcoins. I said Bitcoin. Then he said "but we can't get quick profits huh?".
Long story short, a few months later he came to me and showed off his profit from buying LISK tokens. What can I say?

That's what I said; the answer depends on each person's target/mission.
There's not much you can say, but rest assured that bitcoin is the best of all existing cryptocurrencies. Talking about profits, it's more about how to see opportunities in taking advantage of investments, both in bitcoin and altcoins. In the long term, it is clear that bitcoin will be able to maintain the value of the investments you and them invest in, but altcoins are still quite speculative and do not carry any guarantees in the future, whereas bitcoin has proven much earlier.

But in the end, people have their own understanding in finding answers according to the tastes they need, many cases were found and I also experienced a big increase from the bitcoin investment that I did from the previous year, moreover bitcoin was able to maintain the investment value in the future.


Title: Re: Bitcoin or altcoin?
Post by: Inwestour on December 07, 2022, 11:27:43 AM

in fact altcoins really really have a greater risk than bitcoin.
we take the example of the collapse of FTX and the disappearance of Luna.
from this example we can see clear evidence that big risks must be borne when choosing altcoins as investment assets.
I'm not saying that altcoins are bad but I'm just giving examples of concrete evidence when holding altcoins for the long term.
maybe someone still denies that altcoins are very profitable, I will answer that it is true but only temporarily.


we must really be able to determine the best coin as an investment asset. all investments have risks but it would be better if we choose a smaller risk
The collapse of FTX is not a very good example, because in that case, investors lost everything, even those who stored bitcoins on this exchange also lost them. The FTX example is suitable for holding our coins, but not for investing in altcoins. I think it is reasonable to buy bitcoin at the moment, those who buy now and wait for the new ATH will make a good profit.


Title: Re: Bitcoin or altcoin?
Post by: indah rezqi on December 07, 2022, 11:40:52 AM
Basically bitcoin and altcoins are assets that are both valuable and tradable.
Both can generate profits for traders and investors, but altcoin tend not to have the same real use cases as bitcoin as a means of payment. Some altcoin also have real use cases, but they are not comparable to bitcoin. Therefore, I think it's okay to suggest someone to buy altcoin for their investment instead of just bitcoin but still bitcoin has great potential compared to thousands of other altcoin in the long term.

About me, my investment percentage is 70% in bitcoin while the other 30% is in altcoins. It's the management part of my investment portfolio, so I guess by diversifying it, I can get peace of mind instead of just invest in bitcoin.


Title: Re: Bitcoin or altcoin?
Post by: Lida93 on December 07, 2022, 12:37:40 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Taking sentiment away and bringing in rationality into this option I'll advise the person to buy bitcoin any day anytime. Buying altcoin is like jumping into gambling and gambling is quite different from business or investment, and if that's your mindset for buying any coin then altcoin should be an option, as it lacks security and assurance, it's like taking chances in a dark corner as the possibility of an altcoin to rise in value is like 1/10  and in recent times we have witnessed the inevitable collapse of many of these altcoins just within a just period of gaining some value unlike bitcoin that have shown how sturdy it's financial security is while other coins fade away.

In conclusion, it is better to have patient with bitcoin than doing so with altcoin cause you can even wait endlessly and nothing profitable will come out of it, just like Luna case.


Title: Re: Bitcoin or altcoin?
Post by: Lillominato89 on December 07, 2022, 01:48:30 PM
in this period of bear market in my opinion buying Bitcoin is the only sensible action, leaving aside feelings! In my opinion, buying altcoins is not a good investment for the moment, to avoid tokens with little community behind them. a different story is if you have altcoins that offer staking and accumulation but without investing.


Title: Re: Bitcoin or altcoin?
Post by: Luzin on December 07, 2022, 01:57:19 PM
in this period of bear market in my opinion buying Bitcoin is the only sensible action, leaving aside feelings! In my opinion, buying altcoins is not a good investment for the moment, to avoid tokens with little community behind them. a different story is if you have altcoins that offer staking and accumulation but without investing.

Of course, history has provided much evidence. We can look at the history of the Bitcoin chart, it can always return to the best price. Maybe that's the reason I and many people have held onto some Bitcoins for so long. Indeed Currently only Bitcoin has a special value, and has great trust. That doesn't happen with Altcoins, other than that many new ALtcoin projects that end up being scams make me more selective in investing.


Title: Re: Bitcoin or altcoin?
Post by: samcoin on December 07, 2022, 04:14:14 PM
I suggest you start studying the market cycle and understanding the relation between Bitcoin and altcoins if you want to play it right, there is still enough time to decide. Considering the previous cycles, it's better to start buying Bitcoin when Bitcoin dominance is low then you can move to some reputable altcoins when the dominance reach a certain point. Indeed, most traders and investors use altcoins to maximize their Bitcoin and don't care about the destiny of the altcoin they sold. In my opinion, buying Bitcoin now is better than buying any other Crypto as the market looks bad and any major drop will pull altcoins down more aggressively than Bitcoin, from other side, in the real bullish case the dominance will increase so you have a chance to buy cheap altcoins with your bought Bitcoin.


Title: Re: Bitcoin or altcoin?
Post by: Ojima-ojo on December 07, 2022, 04:23:25 PM
Bitcoin is basically the top choice of investment at this period when most markets are already falling in price, but even though investing in Bitcoin at this period seems to be a risky investment but if properly calculated and buying at a low DCA price will place the investor in a less risky level and the higher tendency of making profits in a short period.

And if one wants to enjoy Bitcoin as an investment one should have a low buy-in price, and hold for the long-term base but for short-term speculators, bitcoin may be way too stable for them.


Title: Re: Bitcoin or altcoin?
Post by: poclerk on December 07, 2022, 04:32:45 PM
the intended blockchain generation also doesn't want to rush to the throne yet, they are still focused on segmentation and gaining market volume, the future of their version of bitcoin in my opinion is to still want to be at the bottom and wait for profits if bitcoin stumbles and goes down, their preparation is not mastering - but preparing be a successor.


Title: Re: Bitcoin or altcoin?
Post by: piebeyb on December 07, 2022, 05:36:19 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
I never recommend anyone because I'm not a financial or economics expert, but I usually just share what I have, namely bitcoin, even though it's only a decimal fraction, at least it's cooler than holding altcoin units, which one time could have problems, for example the LUNA case


Title: Re: Bitcoin or altcoin?
Post by: Rana590 on December 07, 2022, 06:57:02 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
I never recommend anyone because I'm not a financial or economics expert, but I usually just share what I have, namely bitcoin, even though it's only a decimal fraction, at least it's cooler than holding altcoin units, which one time could have problems, for example the LUNA case
Obviously Bitcoin is the best option than altcoins for holding. People have deep interest in Bitcoin and it is growing so fast all over the world. It is trustworthy and secure decentralized crypto. But all the altcoins are not shit. We have to find out best and potential altcoins for the investment.


Title: Re: Bitcoin or altcoin?
Post by: virasog on December 07, 2022, 11:17:18 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
I never recommend anyone because I'm not a financial or economics expert, but I usually just share what I have, namely bitcoin, even though it's only a decimal fraction, at least it's cooler than holding altcoin units, which one time could have problems, for example the LUNA case

Bitcoin is a truly decentralized currency and therefore we see that the majority of the market cap is taken by bitcoin. You should own bitcoin, there is no second thought about it.
Altcoins are made by people to gain money, i would call most altcoins are developed by greedy developers to get the bitcoin from the people and give them useless altcoins which have the risk of going to zero at any time.


Title: Re: Bitcoin or altcoin?
Post by: JohnBitCo on December 07, 2022, 11:44:44 PM
If you are saying about choosing a profitable investment route rather then loss road then definitely bitcoin is the right choice for you ahead and advice will always be the same to anyone.As you have said the altcoin with great community support so you can specify about it? With the amount you can get good amount of altcoin but you will not get any return in the future so are you willing to block your amount in them? If the choice is between btc and altcoin then definitely bitcoin is the answer.

Choosing and investing in bitcoin is a profitable investment and safe investment while investment is altcoins can be sometimes evermore profitable than bitcoin but it can be risky too. We have seen what happened with the investors who invested in FTT and Luna. So, I would recommend investing in bitcoin so you don't lose the money in case any mishap happens in any alt which you have held for the long term.


Title: Re: Bitcoin or altcoin?
Post by: Despairo on December 08, 2022, 09:04:22 AM
The difference between cryptocurrency and Bitcoin is, cryptocurrency is scam, while Bitcoin isn't. If you've read someone say Bitcoin is scam and they loss their coin because Bitcoin is insecure, you must read the whole thread and ask him to know the reason why they say Bitcoin is scam and why they loss their coin. Mostly they say Bitcoin is scam because they invest to ponzi scheme project and their private key leaked due to their fault.

If they use Bitcoin in decentralized exchange and use hardware wallet to hold his coins, their Bitcoin will always still Bitcoin without any reduction or change even though you hold for 10 years long.


Title: Re: Bitcoin or altcoin?
Post by: Antonas1 on December 08, 2022, 10:11:47 AM
And since the OP didn't give details regarding the person's goals, I don't think I can give the same answer to the different people.
I answer like that cause I've experienced it. In 2017 my friend asked me if it was better to buy Bitcoin or altcoins. I said Bitcoin. Then he said "but we can't get quick profits huh?".
Long story short, a few months later he came to me and showed off his profit from buying LISK tokens. What can I say?

That's what I said; the answer depends on each person's target/mission.
There's not much you can say, but rest assured that bitcoin is the best of all existing cryptocurrencies. Talking about profits, it's more about how to see opportunities in taking advantage of investments, both in bitcoin and altcoins. -snip-
Yeah, I'm sure Bitcoin is the best and many people say the same thing. But in this case we cannot force others to follow what we want.

But in the end, people have their own understanding in finding answers according to the tastes they need, -snip-
Well here we go. So you agree that the answer is it depends, right?


Title: Re: Bitcoin or altcoin?
Post by: borovichok on December 08, 2022, 11:40:25 AM
Choosing and investing in bitcoin is a profitable investment and safe investment while investment is altcoins can be sometimes evermore profitable than bitcoin but it can be risky too. We have seen what happened with the investors who invested in FTT and Luna. So, I would recommend investing in bitcoin so you don't lose the money in case any mishap happens in any alt which you have held for the long term.
Bitcoin investment is more profitable interms of trading volume and returned, but it can not be compared to altcoins which fluctuate the most, this week they're massively on the bullish run while next week, they're currently dumping. It's never predictable but if one invest with good promising altcoins, profits will definitely be made. Investors who invested in FTT or Luna, is not their fault that they invested in the wrong coin, rather it's coincidence because these things happens, it's crypto, and what should always come to your mind is either you are for the profits or loss.


Title: Re: Bitcoin or altcoin?
Post by: Note3 on December 08, 2022, 12:35:59 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Of course, and no one will deny that having a few bitcoins is much more valuable than many altcoins, even though those altcoins can provide hundreds of percent gains but can also provide losses until their value is to be ashes.

I would probably be more confident in advising people I know to buy bitcoin rather than altcoins although I would still have to tell them the risks involved e.g. if they are only considering storing it in the short term but if they are considering the long term then the risk should be told about is hacking if they don't store it in a private wallet that has access to Private Key.


Title: Re: Bitcoin or altcoin?
Post by: BALIK on December 08, 2022, 02:47:41 PM
The difference between cryptocurrency and Bitcoin is, cryptocurrency is scam, while Bitcoin isn't. If you've read someone say Bitcoin is scam and they loss their coin because Bitcoin is insecure, you must read the whole thread and ask him to know the reason why they say Bitcoin is scam and why they loss their coin. Mostly they say Bitcoin is scam because they invest to ponzi scheme project and their private key leaked due to their fault.

If they use Bitcoin in decentralized exchange and use hardware wallet to hold his coins, their Bitcoin will always still Bitcoin without any reduction or change even though you hold for 10 years long.

Bitcoin is not a cryptocurrency?, if it is not a cryptocurrency, then what is it in this crypto market? It's surprising that more and more people are starting to separate bitcoin from crypto after the crash of FTX and Lunc. And cryptocurrencies are not scams, scams are just human behavior, all things like Luna, FTX are just tools that people use to scam each other. No one will scam you if you are not greedy, don't blame crypto or the scammers out there if you don't intend to be greedy.


Title: Re: Bitcoin or altcoin?
Post by: alexandr1115 on December 09, 2022, 09:49:30 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
I never recommend anyone because I'm not a financial or economics expert, but I usually just share what I have, namely bitcoin, even though it's only a decimal fraction, at least it's cooler than holding altcoin units, which one time could have problems, for example the LUNA case
Obviously Bitcoin is the best option than altcoins for holding. People have deep interest in Bitcoin and it is growing so fast all over the world. It is trustworthy and secure decentralized crypto. But all the altcoins are not shit. We have to find out best and potential altcoins for the investment.

There is just some distrust of altcoins due to the fact that some projects stop developing and they are simply abandoned. But I think the project needs to be studied in great detail before making any hasty conclusions about it. And once again, I will probably repeat, as I have already written about it, that altcoins are the main engine of the entire cryptocurrency industry.


Title: Re: Bitcoin or altcoin?
Post by: Furious 7 on December 09, 2022, 10:24:47 PM
The difference between cryptocurrency and Bitcoin is, cryptocurrency is scam, while Bitcoin isn't. If you've read someone say Bitcoin is scam and they loss their coin because Bitcoin is insecure, you must read the whole thread and ask him to know the reason why they say Bitcoin is scam and why they loss their coin. Mostly they say Bitcoin is scam because they invest to ponzi scheme project and their private key leaked due to their fault.

If they use Bitcoin in decentralized exchange and use hardware wallet to hold his coins, their Bitcoin will always still Bitcoin without any reduction or change even though you hold for 10 years long.

Bitcoin is not a cryptocurrency?, if it is not a cryptocurrency, then what is it in this crypto market? It's surprising that more and more people are starting to separate bitcoin from crypto after the crash of FTX and Lunc. And cryptocurrencies are not scams, scams are just human behavior, all things like Luna, FTX are just tools that people use to scam each other. No one will scam you if you are not greedy, don't blame crypto or the scammers out there if you don't intend to be greedy.
I agree with this. even though in this case it needs to be realized that Cryptocurrency is an object and what is wrong is a handful of people who abuse this, but interestingly the current stigma seems to corner all as if this is indeed not a good thing to do.
But indeed, when looking at it from a different perspective, especially for people who don't like Crypto, it seems that this kind of thing doesn't apply because it really doesn't really matter what is being denied at this time, it will only make people who don't like Crypto even more make boundaries, and I personally prefer to laugh at this because that's when they say crypto is a scam. no matter how strong our argument is, they obviously won't really care about it so I also do the same thing because I don't really care about their argument that says crypto is a scam.


Title: Re: Bitcoin or altcoin?
Post by: Wakate on December 09, 2022, 10:43:52 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
You need to ask yourself why many of the good altcoins we have in the market had crashed following the trendy pattern of Bitcoin. We LL that there are so.e altcoins in the market that are very good and have a great team but we need to check it out if they can stand on there own. Holding large amount of Bitcoin will be very profitable than holding many of the altcoins we see in the crypto market. It is just a matter of time when the price of Bitcoin will good bull again and anyone holding Bitcoin would smile more because the profits would be massive.


Title: Re: Bitcoin or altcoin?
Post by: lizarder on December 10, 2022, 01:00:44 PM
Yeah, I'm sure Bitcoin is the best and many people say the same thing. But in this case we cannot force others to follow what we want.
We are not convincing people to follow Bitcoin, but the fact is that Bitcoin has answered everyone's doubts, so investing in Bitcoin is much better and able to maintain its value compared to Altcoins.
After all, we must admit to the truth, that the bitcoin revolution has reached the stage of perfect asset retention, when compared to other investment models. Then there is no harm in forcing people to choose better, rather than blocking access to more promising paths.

Quote
Well here we go. So you agree that the answer is it depends, right?
Agree to be involved in the discussion, but not when confronted with a specific question. I mean, if someone asks me to choose Bitcoin or Altcoin in an ongoing investment, then my answer is still Bitcoin.
It doesn't take much time to give this answer, after all Bitcoin really is a value keeping investment and will continue to look perfect to me.


Title: Re: Bitcoin or altcoin?
Post by: Antonas1 on December 11, 2022, 10:23:24 AM
Yeah, I'm sure Bitcoin is the best and many people say the same thing. But in this case we cannot force others to follow what we want.
We are not convincing people to follow Bitcoin, but the fact is that Bitcoin has answered everyone's doubts, so investing in Bitcoin is much better and able to maintain its value compared to Altcoins.
After all, we must admit to the truth, that the bitcoin revolution has reached the stage of perfect asset retention, when compared to other investment models. Then there is no harm in forcing people to choose better, rather than blocking access to more promising paths.
Means just throw away your words "we do not convince people to follow Bitcoin", because obviously you want people to choose the right track, the right side, and that is Bitcoin.


Agree to be involved in the discussion, but not when confronted with a specific question. I mean, if someone asks me to choose Bitcoin or Altcoin in an ongoing investment, then my answer is still Bitcoin.
It doesn't take much time to give this answer, after all Bitcoin really is a value keeping investment and will continue to look perfect to me.
Great! That means we should agree to disagree, right?


Title: Re: Bitcoin or altcoin?
Post by: Yamifoud on December 11, 2022, 11:27:29 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
You need to ask yourself why many of the good altcoins we have in the market had crashed following the trendy pattern of Bitcoin. We LL that there are so.e altcoins in the market that are very good and have a great team but we need to check it out if they can stand on there own. Holding large amount of Bitcoin will be very profitable than holding many of the altcoins we see in the crypto market. It is just a matter of time when the price of Bitcoin will good bull again and anyone holding Bitcoin would smile more because the profits would be massive.
If we come into a long-term investment, Bitcoin is really the best option to take over altcoins, even ETH. But if we aim for just short-term, altcoins seem to become ideal due to hypes where a big chance of multiplying your money many times than Bitcoin.
Yes, it really matters on time and it also matters in which altcoins we choose to invest. A wise investor won't just invest in Bitcoin alone but also having altcoins together. And I think that was advisable, though.


Title: Re: Bitcoin or altcoin?
Post by: Dickiy on December 11, 2022, 03:29:02 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
I never recommend anyone because I'm not a financial or economics expert, but I usually just share what I have, namely bitcoin, even though it's only a decimal fraction, at least it's cooler than holding altcoin units, which one time could have problems, for example the LUNA case
You look cool because you have a part of the crypto king, namely Bitcoin, yes, even though it's only a small part, but we are together with people who have thousands of Bitcoins.8)

The tragedy of Luna and FTX this year is certainly an example that should make us wary of Altcoins. Yes, although not all Altcoins are like FTX and LUNA, that view is the same view that I instilled in myself when LUNA fell first, and in the end, I also lost to the FTX incident.

Never mind, don't put yourself in a position where one day you're going to get stressed out investing in Altcoins, I'm also lucky I didn't go crazy when that happened.


Title: Re: Bitcoin or altcoin?
Post by: gigahannah08 on December 11, 2022, 03:55:30 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
few satoshi? It is better invest in a good altcoin then investing in bitcoin only for few satoshi. Casue when bitcoin starts rally then altts will gain more then btc. So then he can buy more satoshi with his profit.


Title: Re: Bitcoin or altcoin?
Post by: BRINIRHA on December 11, 2022, 06:37:09 PM
for the long term. I'm not interested in altcoins. except for a few. and based on my analysis, which is a beginner and doesn't have much experience. I see Bitcoin alone really struggling to stay decentralized and against being centralized. whereas altcoins most of them pretend to be decentralized but in reality are close to centralized. but I don't know what's next. but for me altcoins that use the POS system are close to centralized. although there are still altcoins with a PoW system. but still I am not sure to hold it long term. but I'm not a hypocrite if I hold some just for speculation and see potential in the near future and not for the long term.


Title: Re: Bitcoin or altcoin?
Post by: WhatDoIKnow on December 11, 2022, 06:40:39 PM
It is important to note that cryptocurrency is a highly speculative and volatile market, and the value of any particular cryptocurrency can fluctuate significantly over time. As a beginner, it is important to do your own research and carefully consider the features and risks of any cryptocurrency before making a decision.

In terms of decentralization, it is true that Bitcoin has struggled with centralization in the past, with a small number of miners and mining pools controlling a large portion of the network's computing power. However, there are ongoing efforts to address this issue and increase decentralization in the Bitcoin network.

On the other hand, many altcoins claim to be decentralized but may actually be more centralized than they appear. It is important to carefully evaluate the features and structure of any altcoin before making an investment decision. PoS (Proof of Stake) and PoW (Proof of Work) are two different mechanisms used by cryptocurrencies to achieve consensus and secure the network. PoW systems, such as the one used by Bitcoin, require miners to perform computational work to create new blocks and earn rewards. PoS systems, on the other hand, allow users to "stake" their coins to validate transactions and earn rewards. PoS systems may be more susceptible to centralization than PoW systems, but this will depend on the specific implementation of the system.


Title: Re: Bitcoin or altcoin?
Post by: panganib999 on December 11, 2022, 07:45:24 PM
 
for the long term. I'm not interested in altcoins. except for a few. and based on my analysis, which is a beginner and doesn't have much experience. I see Bitcoin alone really struggling to stay decentralized and against being centralized. whereas altcoins most of them pretend to be decentralized but in reality are close to centralized. but I don't know what's next. but for me altcoins that use the POS system are close to centralized. although there are still altcoins with a PoW system. but still I am not sure to hold it long term. but I'm not a hypocrite if I hold some just for speculation and see potential in the near future and not for the long term.
someone said to me that altcoins are like the penny stocks of the cryptocurrency industry. They are dirt-cheap, with high profit implications, but are most of the time doomed to fail given their weak nature and the fact that some of them are just there for memes. I am not saying that altcoins are bad, in fact I would argue that without altcoins the cryptocurrency industry wouldn't advance and progress to its current state. It's just that you need to be very meticulous in choosing which altcoins you are to invest because trusting a failing coin is the biggest mistake you can make. Altcoins are good for their own rights, so is bitcoin and ethereum.


Title: Re: Bitcoin or altcoin?
Post by: wozzek23 on December 14, 2022, 02:31:53 PM
Bitcoin all the way. It is the one coin that I believe will survive no matter what. Not everyone thinks like that, many people believe that there would be a flip and they are going to end up seeing bitcoin not do that great and its going to be other coins that go above it.

However, I believe that we haven't seen anything that would go up. Like I said before, it has to be something other than crypto, it has to be a better thing, some altcoin will not pass bitcoin if you ask me, but if you find something that is bigger and better, it could end up going above bitcoin. I do not know what it is, but it has to be something much easier and better to use as well.


Title: Re: Bitcoin or altcoin?
Post by: serjent05 on December 14, 2022, 08:25:14 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

It is always best to diversify.  Putting your egg in one basket isn't and advice of a financial expert.  So why limit ourselves to 1 option when an opportunity presents us with many others?  We should take advantage of the opportunity because it sometimes knocks only once.  Bitcoin is valuable but diversifying is as valuable.  This may save us when things goes unfavorable with Bitcoin.  We should always have a backup that is what everyone advises us.


Title: Re: Bitcoin or altcoin?
Post by: Quidat on December 14, 2022, 08:31:34 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

It is always best to diversify.  Putting your egg in one basket isn't and advice of a financial expert.  So why limit ourselves to 1 option when an opportunity presents us with many others?  We should take advantage of the opportunity because it sometimes knocks only once.  Bitcoin is valuable but diversifying is as valuable.  This may save us when things goes unfavorable with Bitcoin.  We should always have a backup that is what everyone advises us.
The more the better as always because it could really give out that kind of chance on easy recovery if ever one of your investment had fallen its price but in overall we do know that recovery is inevitable
specially with Bitcoin.It might not be assurance for some altcoins but at least you do have the options on making some switch up.So as an investor then it would really be depending on you
whether you would really be considering altcoins or not into your portfolio then it would really be your choice because this do matters on someones consideration.
So if you do want to have both and as long you do have the money then go ahead and buy both things.


Title: Re: Bitcoin or altcoin?
Post by: uchegod-21 on December 14, 2022, 10:05:36 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

It is always best to diversify.  Putting your egg in one basket isn't and advice of a financial expert.  So why limit ourselves to 1 option when an opportunity presents us with many others?  We should take advantage of the opportunity because it sometimes knocks only once.  Bitcoin is valuable but diversifying is as valuable.  This may save us when things goes unfavorable with Bitcoin.  We should always have a backup that is what everyone advises us.

Your idea if diversification does not hold water in this very context. According to you, you said that is it good to diversify incase something happens to bitcoin you will not regret. Can you give me an example of what will happen to bitcoin that will not affect alcoins?
Unless you are saying investments outside cryptocurrency in order to diversify. But if it is inside the cryptocurrency, if bitcoin bleeds, every other cryptocurrency will bleed more. Unless you want to involve in all these pump and dump schemes.


Title: Re: Bitcoin or altcoin?
Post by: tokyohd on December 15, 2022, 02:17:34 AM
Investing in crypto is always risky. I think bitcoin is always a better investment than altcoin because bitcoin will pump one day for sure. So Bitcoin is always a good coin for long term investment. On the other hand in altcoins there is no guarantee that the altcoins you purchase will definitely pump.


Title: Re: Bitcoin or altcoin?
Post by: BlackRexuz on December 15, 2022, 03:47:16 AM
Investing in crypto is always risky. I think bitcoin is always a better investment than altcoin because bitcoin will pump one day for sure. So Bitcoin is always a good coin for long term investment. On the other hand in altcoins there is no guarantee that the altcoins you purchase will definitely pump.

It depends, if someone buys altcoins like ETH, BNB, chances are that it will be profitable, it's different when talking about random altcoins that don't have a sale value in all markets, then you have to immediately switch to altcoins that have selling points or well-known altcoins, if you have capital  large then it is recommended to buy Bitcoin, because this is talking about your money to buy bitcoin, enough or not, if not then there is another option, which is to buy ETH, BNB, which have a wide network because they are the highest ranking altcoins, so this is not a matter of pumping  price but has a wide network and the community and investors in it are stronger..


Title: Re: Bitcoin or altcoin?
Post by: CryptoBuds on December 15, 2022, 05:59:22 AM
Investing in crypto is always risky. I think bitcoin is always a better investment than altcoin because bitcoin will pump one day for sure. So Bitcoin is always a good coin for long term investment. On the other hand in altcoins there is no guarantee that the altcoins you purchase will definitely pump.

In the long run, bitcoin is the best investment, but that doesn't mean altcoins are useless or not profitable for us. However, choosing altcoins is extremely difficult so most people will select Bitcoin for safety.
I agree with BlackRexuz in saying that choosing ETH and BNB will be 2 altcoins that also give you good returns and less risk than the rest. We are here for profit, so don't miss any chance if we get a chance, but be more careful with altcoins.


Title: Re: Bitcoin or altcoin?
Post by: EarnOnVictor on December 15, 2022, 06:10:09 AM
Bitcoin all the way. It is the one coin that I believe will survive no matter what. Not everyone thinks like that, many people believe that there would be a flip and they are going to end up seeing bitcoin not do that great and its going to be other coins that go above it.

However, I believe that we haven't seen anything that would go up. Like I said before, it has to be something other than crypto, it has to be a better thing, some altcoin will not pass bitcoin if you ask me, but if you find something that is bigger and better, it could end up going above bitcoin. I do not know what it is, but it has to be something much easier and better to use as well.
If you asked me about security and a bright future, I would choose Bitcoin as the winner of that. But if you ask me about investment, I would choose altcoin, but such must be carefully selected and planned.

In the near or far future, I believe that Bitcoin will stay and withstand the test of time because it is one of the few cryptos that could be called truly decentralized. But for investments, it could only earn more in futures trading, while in holding, altcoins would earn multiples for the holders when Bitcoin is still earning little.


Title: Re: Bitcoin or altcoin?
Post by: Cryptmuster on December 15, 2022, 07:53:43 AM

In the long run, bitcoin is the best investment, but that doesn't mean altcoins are useless or not profitable for us. However, choosing altcoins is extremely difficult so most people will select Bitcoin for safety.
I agree with BlackRexuz in saying that choosing ETH and BNB will be 2 altcoins that also give you good returns and less risk than the rest. We are here for profit, so don't miss any chance if we get a chance, but be more careful with altcoins.


In any case, the altcoins is a big risk, even if you are talking about the BNB, then there is a risk of a significant correction, firstly, because its price is still high compared to the correction of the entire market, and secondly, the binance is not having the best of times and we cannot rule out that these problems will result in a significant price reduction. In case that happens, then it will be possible to buy some BNB, but doing it now is a bit dangerous.


Title: Re: Bitcoin or altcoin?
Post by: GideonGono on December 15, 2022, 06:33:39 PM
I think I would just open the topic and let them choose between Bitcoin or Alt-coin.
But I also must state the stake or pros and cons for both of it.
If you would open up investment to anyone you should guide them properly and tell them the pros and cons of those investment.
There are some people who would invite others to investment and only talk about the possitive things so others aren't aware of the risk of investment.


Title: Re: Bitcoin or altcoin?
Post by: bounceback on December 17, 2022, 04:20:01 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
I would suggest buying bitcoin even though you have to buy it in small quantities rather than buying Altcoin units because with bitcoin it is very possible to get maximum profits when the bitcoin price touches ATH again, especially so far bitcoin has been able to survive in any conditions unlike Altcoins which sometimes lose their value , if you want to invest in the long term then investing with bitcoin is highly recommended.


Title: Re: Bitcoin or altcoin?
Post by: Wakate on December 17, 2022, 06:30:32 PM
Bitcoin all the way. It is the one coin that I believe will survive no matter what. Not everyone thinks like that, many people believe that there would be a flip and they are going to end up seeing bitcoin not do that great and its going to be other coins that go above it.

However, I believe that we haven't seen anything that would go up. Like I said before, it has to be something other than crypto, it has to be a better thing, some altcoin will not pass bitcoin if you ask me, but if you find something that is bigger and better, it could end up going above bitcoin. I do not know what it is, but it has to be something much easier and better to use as well.
Since Bitcoin is the foundation of the crypto market and is the first cryptocurrency then we don't need to joke with it because it determine how other cryptocurrencies will move. The price might looks somehow deep now but if we can be patient and keep holding what we have then we will finally make big profits from the market.

We can also get some altcoins that looks good for investment after we have done enough research about them so that we won't fall victim like Luna and other similar crypto projects that had fallen without the tendency of reaching the highest height again.


Title: Re: Bitcoin or altcoin?
Post by: Moeda on December 17, 2022, 06:54:44 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
In terms of investment, I think both can also be profitable. This means we can also invest in good altcoins, like Ethereum and BNB, or others. However, Bitcoin can initiate all altcoin movements. If signs of an increase in the crypto market price begin to appear, then Bitcoin will make a price change first, so holding Bitcoin will be more profitable than altcoins. Apart from that, the Bitcoin price increase is generally 10x the base price in each bullrun. In every prediction from crypto experts, they always predict the price of Bitcoin, while Altcoins only follow the flow of Bitcoin.


Title: Re: Bitcoin or altcoin?
Post by: Warkop on December 17, 2022, 07:33:17 PM
All real currencies as well as Bitcoin and Altcoins will be at risk, for their holders if they are wrong in using it, sometimes buying the wrong altcoins is buying Bitcoin when the price is still high, and in a bear market situation they throw it away at the lowest price, so all the profits and losses are in  the hands of its users, but if they lose bitcoins or altcoins then it is their negligence in securing their funds in wallets or exchanges, so anything related to economic or financial issues there will be gains and losses, so how do we react to it..


Title: Re: Bitcoin or altcoin?
Post by: yudi09 on December 18, 2022, 06:55:34 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
In terms of investment, I think both can also be profitable. This means we can also invest in good altcoins, like Ethereum and BNB, or others. However, Bitcoin can initiate all altcoin movements. If signs of an increase in the crypto market price begin to appear, then Bitcoin will make a price change first, so holding Bitcoin will be more profitable than altcoins. Apart from that, the Bitcoin price increase is generally 10x the base price in each bullrun. In every prediction from crypto experts, they always predict the price of Bitcoin, while Altcoins only follow the flow of Bitcoin.
The choice is quite simple, namely choosing to buy 1 altcoin that has a strong community or choose to buy bitcoin with the same amount of money but the amount of bitcoin is not the same (decimal).
After I thought about choosing to buy bitcoin even though in a decimal amount is much more profitable if the investment applied is long-term. This is inseparable from every time the movement of market price increases that always follow Bitcoin.

There are no experts in the right Crypto field in giving predictions, but they can only issue a view in harmony with the situation. The most analysis is only approaching.


Title: Re: Bitcoin or altcoin?
Post by: MarjorieZimmermanGinger on December 18, 2022, 08:29:50 AM
The choice is quite simple, namely choosing to buy 1 altcoin that has a strong community or choose to buy bitcoin with the same amount of money but the amount of bitcoin is not the same (decimal).
After I thought about choosing to buy bitcoin even though in a decimal amount is much more profitable if the investment applied is long-term. This is inseparable from every time the movement of market price increases that always follow Bitcoin.
Talking about choices, it may be very clear that many people will choose bitcoin, because the journey to bitcoin has shown the maturity level of investment. Under certain conditions there is nothing wrong with choosing a potential altcoin, but the most important thing is that it has fundamental value and does not make a long-term investment scheme, meaning that we are only involved in the short term to invest in potential altcoins

But for both bitcoin anchors are much more recommended, as they have the power to maintain value in the short term as well as the long term.

Quote
There are no experts in the right Crypto field in giving predictions, but they can only issue a view in harmony with the situation. The most analysis is only approaching.
For this one I totally agree with your view, I mean that almost no expert can provide accurate predictions about Crypto's journey, they are only able to make analytical studies based on situations, previous periods and theoretical approaches based on feedback from previous circumstances, but for the level of accuracy can sometimes change or approach the prediction results.


Title: Re: Bitcoin or altcoin?
Post by: office2016 on December 18, 2022, 08:36:13 AM
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Title: Re: Bitcoin or altcoin?
Post by: peter0425 on December 19, 2022, 01:19:12 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
if you believe that the said altcoin is worth comparing to Bitcoin then why not? but do you really believe that there are altcoins that worth more than bitcoin in terms of security and usage ?
because if not then better to focus in Bitcoin than altcoin, that will save you mate from losing maybe not now but in the future.

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sorry Buddy , but people here won't just let you lure them like that.

better to present your link with proper information than this BS strategy .


Title: Re: Bitcoin or altcoin?
Post by: Pandu Geddon on December 19, 2022, 03:32:01 AM
The choice is quite simple, namely choosing to buy 1 altcoin that has a strong community or choose to buy bitcoin with the same amount of money but the amount of bitcoin is not the same (decimal).
After I thought about choosing to buy bitcoin even though in a decimal amount is much more profitable if the investment applied is long-term. This is inseparable from every time the movement of market price increases that always follow Bitcoin.

There are no experts in the right Crypto field in giving predictions, but they can only issue a view in harmony with the situation. The most analysis is only approaching.
no analysis will be 100% correct. even if it is issued by a person with years of skill in the crypto market.
pool more Bitcoins for the long term. and manage altcoin assets for the short term. I usually manage like that. some say certain altcoins work for the long haul. but I just believe Bitcoin will be more suitable long term.
just collect more, no matter the quantity we hold, because of value. Bitcoin has better.


Title: Re: Bitcoin or altcoin?
Post by: fennic on December 19, 2022, 03:45:36 AM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
I will prefer Bitcoin over Altcoins even Ethereum and also Binance coin. These Altcoins are centralized and there Hugh chances of scam with users and a lot of people have been scammed either too. So recently FTX collapse is on your sight. So for a long term I will prefer Bitcoin cause it is only future and it can also make my future too.
Bitcoin also offers security and also it's decentralized and is holded by millions of users.


Title: Re: Bitcoin or altcoin?
Post by: yudi09 on December 19, 2022, 08:49:20 AM
The choice is quite simple, namely choosing to buy 1 altcoin that has a strong community or choose to buy bitcoin with the same amount of money but the amount of bitcoin is not the same (decimal).
After I thought about choosing to buy bitcoin even though in a decimal amount is much more profitable if the investment applied is long-term. This is inseparable from every time the movement of market price increases that always follow Bitcoin.
But for both bitcoin anchors are much more recommended, as they have the power to maintain value in the short term as well as the long term.
It's clear that Bitcoin is the best among other cryptos. But when the capital to buy Bitcoin can only be in decimal amounts, then therein lies the choice. Whether Bitcoin in decimal amounts or Altcoin in amounts of 1.
In this case, the best scenario suggestion in my opinion is almost the same as Pandu Geddon's view. Just collect the amount of Bitcoin little by little with the foundation of its value because any amount of Bitcoin will not change its value in the future.

pool more Bitcoins for the long term. and manage altcoin assets for the short term. I usually manage like that. some say certain altcoins work for the long haul. but I just believe Bitcoin will be more suitable long term.
just collect more, no matter the quantity we hold, because of value. Bitcoin has better.


Title: Re: Bitcoin or altcoin?
Post by: Zanab247 on December 19, 2022, 10:16:55 AM
I will advice you to invest in Bitcoin in this season, because it will really help you to feel the good side of Bitcoin when the price hit higher in the market. Don't forget that, whenever Bitcoin price is rising,  altcoins price will be rising too which is the advantage that made many people to prefer Bitcoin than Altcoin. Very easy for you to earn well from your trading, if only you can make Bitcoin your choice like the way other potential traders made it their choice in this season.


Title: Re: Bitcoin or altcoin?
Post by: mvdheuvel1983 on December 19, 2022, 01:45:10 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
I liked altcoins when I first got into crypto, but I learned a terrible lesson.
If you have to buy that new hyped hot coin that will change the future, do a little water testing on the side and put a tiny piece of your portfolio in it but don’t sell bitcoin. Above all bitcoin remains the king.
The goal isn't 1 BTC. The goal is consistent investment over a long period of time because small Satoshi on has accumulated now will in the future turn many into millionaires.



Title: Re: Bitcoin or altcoin?
Post by: WillyAp on December 19, 2022, 01:47:45 PM
The goal is consistent investment over a long period of time because small Satoshi on has accumulated now will in the future turn many into millionaires.

The only problem is that a million nowadays is not the same as a million 1950.


Title: Re: Bitcoin or altcoin?
Post by: poldanmig on December 19, 2022, 02:16:38 PM
I think that it is still worth choosing bitcoin, if you choose among the available options. At the very least, the price of altcoin is too dependent on bitcoin, in my opinion.
Although not all but almost most of the bitcoin price will follow the trend that occurs in bitcoin, maybe this is based on bitcoin which is the largest cryptocurrency in existence and also as the crypto that was created for the first time, but not infrequently the altcoin price will fight the bitcoin price during the altcoin season occurs caused by the demand for altcoins which is greater than the interest in buying bitcoins, in my opinion altcoins and bitcoins are mutually binding, but sometimes the two cryptos seem to take their own ways depending on existing market conditions so it is not uncommon for us to see when the price of bitcoin rises instead altcoin also goes up, bitcoin goes down instead altcoin prices have increased and vice versa.


Title: Re: Bitcoin or altcoin?
Post by: tjtonmoy on December 19, 2022, 03:02:56 PM
It's always about centralized and decentralized. Altcoins are always centralized and managed by some individuals who can at any time control the whole market of that altcoin.
On the other hand, BTC is decentralized, and it's price movements always occur on investor's choice. Just look at the market price chart. Who do you see on the top? Yes, its BTC.
If you can just think of BTC as a good then what will you choose first? 2 of the same product comes at the same value, but one is well known, and the other is off - brand. Which one will you choose?
And no to mention that the off-brand one comes with the condition that you pay the full price, but the usability is limited, and you can lose the ownership at any time.
Now I left the rest to you. Choose wisely. Never trust anything on the internet completely and always do your own research.


Title: Re: Bitcoin or altcoin?
Post by: GeorgeJohn on December 19, 2022, 04:15:37 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Bitcoin is of higher potential than altcoins, because from what's happening in altcoins market whereby some of the altcoins doesn't have long life over their stays, and sometimes altcoins die off when not expected and especially those ones that doesn't have a good potentials.

So from my perspective, i will not encourage anyone i know more better to go directly and in altcoins, because it might ends up having huge lost, because of the kind of the altcoins project you purchase for investing, and a considering factor of altcoins, i believe it's a few of altcoins can be used as comparison with bitcoin, so it's advisable or encourageable to invest with bitcoin during a strong time of bearish market instead of altcoins for long bearish season.


Title: Re: Bitcoin or altcoin?
Post by: suzanne5223 on December 19, 2022, 04:37:15 PM
The choice is quite simple, namely choosing to buy 1 altcoin that has a strong community or choose to buy bitcoin with the same amount of money but the amount of bitcoin is not the same (decimal).
After I thought about choosing to buy bitcoin even though in a decimal amount is much more profitable if the investment applied is long-term. This is inseparable from every time the movement of market price increases that always follow Bitcoin.

There are no experts in the right Crypto field in giving predictions, but they can only issue a view in harmony with the situation. The most analysis is only approaching.
no analysis will be 100% correct. even if it is issued by a person with years of skill in the crypto market.
pool more Bitcoins for the long term. and manage altcoin assets for the short term. I usually manage like that. some say certain altcoins work for the long haul. but I just believe Bitcoin will be more suitable long term.
just collect more, no matter the quantity we hold, because of value. Bitcoin has better.
@yudi09 99.9% of all the supporters of altcoin that had a strong community have more enthusiasm for Bitcoin and the safest investment in cryptocurrency will always be Bitcoin.
@Pandu Geddon
Prediction will also be prediction and in other words, it is said to be guessing the market's next possible trend and this is the reason why some people consider trading as gambling while investors advise to always invest the amount people can afford to lose. However, every long-time investment done in Bitcoin is always the best.


Title: Re: Bitcoin or altcoin?
Post by: salad daging on December 19, 2022, 06:20:43 PM
@yudi09 99.9% of all the supporters of altcoin that had a strong community have more enthusiasm for Bitcoin and the safest investment in cryptocurrency will always be Bitcoin.
The altcoin support community is just a group of people who want to make profits in the short term but despite all that a bigger risk awaits altcoins are usually difficult to recover and this is completely different from bitcoin, I think I have avoided altcoins.

@Pandu Geddon
Prediction will also be prediction and in other words, it is said to be guessing the market's next possible trend and this is the reason why some people consider trading as gambling while investors advise to always invest the amount people can afford to lose. However, every long-time investment done in Bitcoin is always the best.

Predictions are just guesses to get close to the price and no one can predict the exact price so the analysis they need is just to get close but in this way we can see the movement in the analysis, I think this is important in a trade, for investment they are clearly different only can buy below and sell high so long term it won't be complicated for an analysis.


Title: Re: Bitcoin or altcoin?
Post by: Japinat on December 19, 2022, 06:53:45 PM
@yudi09 99.9% of all the supporters of altcoin that had a strong community have more enthusiasm for Bitcoin and the safest investment in cryptocurrency will always be Bitcoin.
The altcoin support community is just a group of people who want to make profits in the short term but despite all that a bigger risk awaits altcoins are usually difficult to recover and this is completely different from bitcoin, I think I have avoided altcoins.

You got a point, but we also cannot generalize all altcoins and saying that they are usually difficult when it comes to recovering phase because not all altcoins does have the same situation. And to answer the OP's question, my answer will be and always be bitcoin.

@Pandu Geddon
Prediction will also be prediction and in other words, it is said to be guessing the market's next possible trend and this is the reason why some people consider trading as gambling while investors advise to always invest the amount people can afford to lose. However, every long-time investment done in Bitcoin is always the best.

Predictions are just guesses to get close to the price and no one can predict the exact price so the analysis they need is just to get close but in this way we can see the movement in the analysis, I think this is important in a trade, for investment they are clearly different only can buy below and sell high so long term it won't be complicated for an analysis.

And all of it are pure mere speculations, it may be true or not but in most cases, these speculations doesn't really guarantee that it will happen in the near future. Even the so-called experts and the ones who got some analysis cannot predict it. But it's good to have prediction because in that way, we're also getting ourselves ready although, as I said, most of these predictions aren't really likely.


Title: Re: Bitcoin or altcoin?
Post by: danadc on December 19, 2022, 07:59:03 PM
Bitcoin is the best option if we want to have a safe investment, I do not rule out altcoins, they are gold mines when they decide to give us the furt we need, but we must be very transparent, with everything that is happening in the world and if we can buying Bitcoin instead of altcoins is much better and it is the smartest decision we can make, there are some investors that I have seen in the altcoins threads and they write very interesting things and thoughts and can teach a lot about the investment of these currencies, but Some of the things they say don't finish convincing me because they seem very ordered to do to earn rewards.


Title: Re: Bitcoin or altcoin?
Post by: yudi09 on December 20, 2022, 09:10:32 AM
@yudi09 99.9% of all the supporters of altcoin that had a strong community have more enthusiasm for Bitcoin and the safest investment in cryptocurrency will always be Bitcoin.
I acknowledge this percentage that you said.
If we make a survey in the field, we can call that percentage accurate. Those Altcoin supporters who have a strong community are hampered because Bitcoin is more expensive than the price of Altcoin behind their enthusiasm.
Therefore when the OP makes a choice with the same finances to decide which one we will choose between Bitcoin and Altcoin.
For me this topic is an interesting case study.


Title: Re: Bitcoin or altcoin?
Post by: MarjorieZimmermanGinger on December 20, 2022, 01:02:20 PM
It's clear that Bitcoin is the best among other cryptos. But when the capital to buy Bitcoin can only be in decimal amounts, then therein lies the choice. Whether Bitcoin in decimal amounts or Altcoin in amounts of 1.
In this case, the best scenario suggestion in my opinion is almost the same as Pandu Geddon's view. Just collect the amount of Bitcoin little by little with the foundation of its value because any amount of Bitcoin will not change its value in the future.
Personally I invest small amount of bitcoin in the beginning, because I don't have big capital to take a certain period, 2019 is the beginning of my journey in bitcoin, then I start small and buy gradually. Currently, the strength of the investment that I have made has reached more than two years in bitcoin, where I see several market conditions that occur, corrections and recoveries always amaze and surprise me. But what I understand bitcoin is able to maintain value and is a promising investment in the long term.

That's why I prefer bitcoin over altcoins, even though what Pandu Geddon said can also be used by people who want to invest in altcoins, but most importantly the chosen altcoin has the strength to survive.


Title: Re: Bitcoin or altcoin?
Post by: Jatiluhung on December 20, 2022, 02:09:57 PM
after seeing how altcoins have decreased so much. if bitcoin goes down 1% then altcoins can go down 5-10% or even more.
by seeing this I've decided to only invest long term in Bitcoin. even though I don't even have 1, I still choose bitcoin and will continue to collect it.

however I do not deny that I hold a small number of altcoins. it's just a bit of speculation I'm doing for fun and only to hold short term.


Title: Re: Bitcoin or altcoin?
Post by: suzanne5223 on December 20, 2022, 03:34:12 PM
@yudi09 99.9% of all the supporters of altcoin that had a strong community have more enthusiasm for Bitcoin and the safest investment in cryptocurrency will always be Bitcoin.
The altcoin support community is just a group of people who want to make profits in the short term but despite all that a bigger risk awaits altcoins are usually difficult to recover and this is completely different from bitcoin, I think I have avoided altcoins.

You got a point, but we also cannot generalize all altcoins and saying that they are usually difficult when it comes to recovering phase because not all altcoins does have the same situation. And to answer the OP's question, my answer will be and always be bitcoin.
You guys both have points because we have a case where people seeking more opportunities of earning in the cryptocurrency market were the reason why they invested in the altcoins market. However, when we also talk about altcoin there is some altcoin that was created for the advancement of the dream Satoshi had when he created BTC, and going for this altcoin can be profitable.

@Pandu Geddon
Prediction will also be prediction and in other words, it is said to be guessing the market's next possible trend and this is the reason why some people consider trading as gambling while investors advise to always invest the amount people can afford to lose. However, every long-time investment done in Bitcoin is always the best.

Predictions are just guesses to get close to the price and no one can predict the exact price so the analysis they need is just to get close but in this way we can see the movement in the analysis, I think this is important in a trade, for investment they are clearly different only can buy below and sell high so long term it won't be complicated for an analysis.

And all of it are pure mere speculations, it may be true or not but in most cases, these speculations doesn't really guarantee that it will happen in the near future. Even the so-called experts and the ones who got some analysis cannot predict it. But it's good to have prediction because in that way, we're also getting ourselves ready although, as I said, most of these predictions aren't really likely.
@salad daging
Predictions are just guessing the market's next possible trend but cryptocurrency investment is more than just buying low and selling high. Besides, this is the impression of almost all investors that are swimming in losses today.
@Japinat
There's no expert when it comes to cryptocurrency prediction, the market is broad and people learn every day. What matters most is the knowledge and the genuine link to the whales/humpback investors selling decision. This is what most of the people you called experts had.

@yudi09 99.9% of all the supporters of altcoin that had a strong community have more enthusiasm for Bitcoin and the safest investment in cryptocurrency will always be Bitcoin.
I acknowledge this percentage that you said.
If we make a survey in the field, we can call that percentage accurate. Those Altcoin supporters who have a strong community are hampered because Bitcoin is more expensive than the price of Altcoin behind their enthusiasm.
Therefore when the OP makes a choice with the same finances to decide which one we will choose between Bitcoin and Altcoin.
For me this topic is an interesting case study.
You have a point. However, I consider people that are hampered because of the high price of Bitcoin as naive investors because Rome is not built in a day, and there's a chance for them to DCA  their investment in BTC before they know they will a whole BTC which is always a goal of every crypto investor.


Title: Re: Bitcoin or altcoin?
Post by: Cantsay on December 20, 2022, 03:50:17 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

I'm strong believer of Bitcoin but in this case I will consider if the person wants to hodl for a long period of time or for only a short period of time and if the former is the case then I will advice the person to go for Bitcoin as it is much more better to go for Bitcoin in long term investment than altcoins. Most altcoins fail to get to their all time high once their price drops and that possess an issue for long term investors.

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Title: Re: Bitcoin or altcoin?
Post by: Obari on December 20, 2022, 04:10:36 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

Truth be told without sentiment as OP said because if I I'm in the position to do such actions, I will rather buy an alt coin with a nice community and a better understanding of the algorithm and community behind such projects because Bitcoin which doesn't really move very fast, I will rather invest in an alt coin that will thrive faster but I will have to be very vigilant and extremely committed to checking this things out and possibly using a stop loss and a take profit indicators.

But my choice of investing in Bitcoin or alt coin will primarily be dependent on the duration of my holding of holding and if I'm holding for long, I will definitely go for Bitcoin because with it my state of mind wouldn't be so retarded.


Title: Re: Bitcoin or altcoin?
Post by: qwertyup23 on December 20, 2022, 04:48:41 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?

I think I would prefer to invest it to BTC due to its value and volatility in the long-term strategy.

The problem with most altcoins is that its price is somehow slower to progress and develop, unlike in BTC where at least everyday, a news comes up and effects significant change. Like what most people have experienced, a single news that affects BTC could either make or break your investment overnight. So it really depends on the person on the risks that they have the shoulder.

Personally, I am willing to take that risk given that I have been reading/learning about BTC for the last five (5) years. If there is one thing that I have learned, it is always to trust the process!


Title: Re: Bitcoin or altcoin?
Post by: Dubaian on December 20, 2022, 04:53:42 PM
In the current crypto market, the value of Bitcoin is compared with the value of AltCoin. It is never possible to get that much profit by investing in altcoins, most of the altcoins are scams. However, by investing in Bitcoins one can avoid facing losses. If the Bitcoin market is down, it will surely rise again. So Bitcoin has the most investments compared to altcoins among the current cryptocurrencies and the future of Bitcoin is the brightest.


Title: Re: Bitcoin or altcoin?
Post by: mumang siat on December 20, 2022, 05:10:53 PM
In the current crypto market, the value of Bitcoin is compared with the value of AltCoin. It is never possible to get that much profit by investing in altcoins, most of the altcoins are scams. However, by investing in Bitcoins one can avoid facing losses. If the Bitcoin market is down, it will surely rise again. So Bitcoin has the most investments compared to altcoins among the current cryptocurrencies and the future of Bitcoin is the brightest.
Yes, of course, because that's how the market moves and travels, associated with the crtpyocurrency market, this is no longer something we usually see because the graph of the cryptocurrency market, especially Bitcoin, will indeed change every minute, because Bitcoin plays a major role in determining value. / other Altcoin prices, from here I conclude that even though the market price or market value is currently a downward market trend, I think Bitcoin is the right choice in terms of investing.

Not that I say Altcoins are not good, in fact there are several Altcoins that I think are watching, and I think these are some of the best Altcoins according to what I value, including BNB and Ethereum which I choose here, but basically I prefer Bitcoin In terms of this, because it is very reliable in the near future and in the long term.

Actually this depends on us, but there is a little suggestion from me if you want to try it for Altcoins, you better buy one of the Altcoins that I mentioned above, either BNB or Ethereum or both this will be better and maybe there are some other Altcoins a good one might just be the top 10 Altcoins.


Title: Re: Bitcoin or altcoin?
Post by: harapan on December 20, 2022, 05:15:50 PM
It's Bitcoin at the top but if you can you can still get them both Bitcoin and Altcoins

Using Bitcoin for Longer purposes and holding for Longer holdings it will serve for a longer time when Bitcoin gets stable

Altcoins are also good for making profits, but how long can you put your trust in them. Altcoins are mainly for profit making.
St the end what matters is how you store them, if in exchnages sorry it is all but gone. Self Custody.


Title: Re: Bitcoin or altcoin?
Post by: Bazzu on December 21, 2022, 12:10:15 AM
In the current crypto market, the value of Bitcoin is compared with the value of AltCoin. It is never possible to get that much profit by investing in altcoins, most of the altcoins are scams. However, by investing in Bitcoins one can avoid facing losses. If the Bitcoin market is down, it will surely rise again. So Bitcoin has the most investments compared to altcoins among the current cryptocurrencies and the future of Bitcoin is the brightest.

I agree with your opinion ... yes indeed bitcoin is the most appropriate to be used as an investment vehicle. indeed most people invest in both bitcoin and altcoins. but of course we have to love our money, don't let our money run out because of investing in altcoins. and I see now that bitcoin trading volume is getting better. and in my opinion now many people are starting to give up investing in altcoins because many people have become victims of investing in altcoins.


Title: Re: Bitcoin or altcoin?
Post by: lepbagong on December 21, 2022, 02:09:16 AM
In the current crypto market, the value of Bitcoin is compared with the value of AltCoin. It is never possible to get that much profit by investing in altcoins, most of the altcoins are scams. However, by investing in Bitcoins one can avoid facing losses. If the Bitcoin market is down, it will surely rise again. So Bitcoin has the most investments compared to altcoins among the current cryptocurrencies and the future of Bitcoin is the brightest.
totally agree with you buddy, altcoins indeed for the price maybe we can count on it if we want to invest there, but like you said altcoins are very vulnerable to fraud and it's difficult to avoid it at this time. bitcoin is indeed the best and will continue to be the best for investment even though the price may be quite high but we can make purchases with the smallest nominal we can make and continue to save it until the time when the bitcoin price has increased again.


Title: Re: Bitcoin or altcoin?
Post by: laurenB7742 on December 21, 2022, 04:05:02 AM
after seeing how altcoins have decreased so much. if bitcoin goes down 1% then altcoins can go down 5-10% or even more.
by seeing this I've decided to only invest long term in Bitcoin. even though I don't even have 1, I still choose bitcoin and will continue to collect it.

however I do not deny that I hold a small number of altcoins. it's just a bit of speculation I'm doing for fun and only to hold short term.

I agree with everyone that bitcoin is the best choice even though bitcoin price has become very high and growth potential is smaller and smaller compared to other altcoins. But like you, there is no denying that all altcoins are useless, there are still many altcoins that are worth investing in and give us good returns, I also hold some altcoins but only a small part of my portfolio.

My advice, those who don't like risk and don't have too much experience should only invest in bitcoin. And for those who take risks and are confident in their knowledge, they can invest a bit in altcoins.


Title: Re: Bitcoin or altcoin?
Post by: pantek talacuik on December 21, 2022, 01:18:39 PM
It's Bitcoin at the top but if you can you can still get them both Bitcoin and Altcoins

Using Bitcoin for Longer purposes and holding for Longer holdings it will serve for a longer time when Bitcoin gets stable

Altcoins are also good for making profits, but how long can you put your trust in them. Altcoins are mainly for profit making.
St the end what matters is how you store them, if in exchnages sorry it is all but gone. Self Custody.

But all of these have the same impact I think about what you invest you can see Bitcoin has a bad price and don't know when it will continue to grow. but if you have funds that you can save, you should buy a large amount of Bitcoin and leave it for the next 10 years.


Title: Re: Bitcoin or altcoin?
Post by: klidex on December 21, 2022, 05:59:55 PM
In the current crypto market, the value of Bitcoin is compared with the value of AltCoin. It is never possible to get that much profit by investing in altcoins, most of the altcoins are scams. However, by investing in Bitcoins one can avoid facing losses. If the Bitcoin market is down, it will surely rise again. So Bitcoin has the most investments compared to altcoins among the current cryptocurrencies and the future of Bitcoin is the brightest.
totally agree with you buddy, altcoins indeed for the price maybe we can count on it if we want to invest there, but like you said altcoins are very vulnerable to fraud and it's difficult to avoid it at this time. bitcoin is indeed the best and will continue to be the best for investment even though the price may be quite high but we can make purchases with the smallest nominal we can make and continue to save it until the time when the bitcoin price has increased again.
Altcoins are indeed alternative coins besides bitcoin with prices that are somewhat lower and cannot match Bitcoin.
But make no mistake Altcoin consists of many coins and there are many that have good prospects in the future.
Not all Altcoins are used as a means of fraud.
If you compare Atlcoin with Bitcoin, the difference is clear.
From crypto history it is clear that Bitcoin is the first cryptocurrency asset created.
It can be concluded that Bitcoin is the king or crown of all existing types of cryptocurrencies.
Altcoin prices are centered and follow Bitcoin prices, so it is clear that the key to altcoin price movements is in bitcoin itself.


Title: Re: Bitcoin or altcoin?
Post by: Piesel on December 21, 2022, 06:08:04 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Altcoin is for short time pump and not a good considerable choice of investment for the long term, but Bitcoin in whatever quantity is suitable for long-term holding.

Bitcoin is the best option during crisissuch as this period were the price of coins is low due to one market impact or the other.


Title: Re: Bitcoin or altcoin?
Post by: hZti on December 21, 2022, 07:43:38 PM
It seems to me a much more logical choice than altcoins. Investing in altcoins is much more risky, of course, you can earn very high profits. But I think bitcoin makes much more sense in the long run.

If you calculate risk/reward altcoins will loose, since to many of them fall to zero after the first hype. With bitcoin you can have more steady growth.


Title: Re: Bitcoin or altcoin?
Post by: Crypto Library on December 21, 2022, 08:00:39 PM
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Altcoin is for short time pump and not a good considerable choice of investment for the long term, but Bitcoin in whatever quantity is suitable for long-term holding.

Bitcoin is the best option during crisissuch as this period were the price of coins is low due to one market impact or the other.

You are right that Investing in most alt coins is more applicable for short-term, because if we see some incidents recently, then I think investing in any alt-coin is not very secure for your fund whether it is short-term or long-term.
On the others hand I think BITCOIN is always suitable for in any terms whether it can be long-term and short-term Although holding it is the best option, but for the short-term dips can be invested and sold at short-term highs it can be also a secure solution for the short-term trader. So i will say avoid investing in any kind of alt-coin at this current situation cause market conditions and FTT crash and Luna crash reminds us that there is no guarantee that another big coin will not crash after this.


Title: Re: Bitcoin or altcoin?
Post by: naira on December 21, 2022, 08:32:54 PM
It seems to me a much more logical choice than altcoins. Investing in altcoins is much more risky, of course, you can earn very high profits. But I think bitcoin makes much more sense in the long run.
A very high profit if indeed you are lucky to get 1 good project amidst the thousands of existing scam projects, it's too tiring lol
The risk is too great that many are leaving altcoins and switching to bitcoin. Even though in this case Crypto does have risks but clearly Bitcoin is safer when compared to Altcoins and of course being in bitcoin will be much better than some projects in altcoins which are not very clear.


Title: Re: Bitcoin or altcoin?
Post by: jossiel on December 21, 2022, 11:54:13 PM
It seems to me a much more logical choice than altcoins. Investing in altcoins is much more risky, of course, you can earn very high profits. But I think bitcoin makes much more sense in the long run.
Yes, you said it right.

You might be intrigued to see when people were making a lot of money with altcoins. Good for those that have sold and never went back to the same altcoin because most likely, the next one is going to be a verge of losses.

On that track, bitcoin is the best choice. It may not have been too short term just as the other altcoins but you'll get stability on this one. This is a market leader.


Title: Re: Bitcoin or altcoin?
Post by: lepbagong on December 22, 2022, 04:20:22 AM
In the current crypto market, the value of Bitcoin is compared with the value of AltCoin. It is never possible to get that much profit by investing in altcoins, most of the altcoins are scams. However, by investing in Bitcoins one can avoid facing losses. If the Bitcoin market is down, it will surely rise again. So Bitcoin has the most investments compared to altcoins among the current cryptocurrencies and the future of Bitcoin is the brightest.
totally agree with you buddy, altcoins indeed for the price maybe we can count on it if we want to invest there, but like you said altcoins are very vulnerable to fraud and it's difficult to avoid it at this time. bitcoin is indeed the best and will continue to be the best for investment even though the price may be quite high but we can make purchases with the smallest nominal we can make and continue to save it until the time when the bitcoin price has increased again.
Altcoins are indeed alternative coins besides bitcoin with prices that are somewhat lower and cannot match Bitcoin.
But make no mistake Altcoin consists of many coins and there are many that have good prospects in the future.
Not all Altcoins are used as a means of fraud.
If you compare Atlcoin with Bitcoin, the difference is clear.
From crypto history it is clear that Bitcoin is the first cryptocurrency asset created.
It can be concluded that Bitcoin is the king or crown of all existing types of cryptocurrencies.
Altcoin prices are centered and follow Bitcoin prices, so it is clear that the key to altcoin price movements is in bitcoin itself.
Of course, there are altcoins that can indeed provide a positive and profitable side, but to make an investment, of course, altcoins need to be analyzed first, apart from the altcoins at the best rank currently on CMC.
There are always promising altcoins, but don't be tempted too because without proper analysis, you will fall into altcoin scams, and this is very common for altcoins that are just entering the market.
I really agree, that bitcoin has become the center of attention of every movement so that altcoins will follow what happens to bitcoin.


Title: Re: Bitcoin or altcoin?
Post by: xzy887 on December 22, 2022, 04:47:27 AM
If you ask me to choose between bitcoin and altcoin I will always choose bitcoin. And it's not just me, everyone who knows about crypto will want to choose Bitcoin. Because we will never put our wealth in anything that is unexpired and untrustworthy. And Altcoin is an untrustworthy coin. It generates and end tokens every day.No one can guarantee his wealth here. And Bitcoin is a long term and trustworthy coin. So I will always prefer Bitcoin.


Title: Re: Bitcoin or altcoin?
Post by: Ukraine 2022 on December 22, 2022, 12:01:05 PM
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Title: Re: Bitcoin or altcoin?
Post by: yudi09 on December 23, 2022, 06:41:59 AM
You have a point. However, I consider people that are hampered because of the high price of Bitcoin as naive investors because Rome is not built in a day, and there's a chance for them to DCA  their investment in BTC before they know they will a whole BTC which is always a goal of every crypto investor.
It takes a process and patience for a building to become beautiful and full of history. On the crypto journey, Bitcoin has gone through all of that and many communities have an incredible level of patience so it's no wonder that they now enjoy investing in Bitcoin.
Instead of choosing a potential Altcoin, it is better to choose Bitcoin for investment.
It is enough for new investors to take the events experienced by old investors as a good example of investing in the crypto space.


Title: Re: Bitcoin or altcoin?
Post by: rby on December 23, 2022, 08:22:52 AM
In the current crypto market, the value of Bitcoin is compared with the value of AltCoin. It is never possible to get that much profit by investing in altcoins, most of the altcoins are scams. However, by investing in Bitcoins one can avoid facing losses. If the Bitcoin market is down, it will surely rise again. So Bitcoin has the most investments compared to altcoins among the current cryptocurrencies and the future of Bitcoin is the brightest.
What you said about bitcoin is correct. Bitcoin may fall to a large percentage  but we are sure it will rise again. This cannot be said about alcoins, some of them may not see their previous ATH let alone to see a new ATH. But whatever happens to bitcoin there's a guarantee that a new ATH would be seen


Title: Re: Bitcoin or altcoin?
Post by: Fara Chan on December 23, 2022, 08:55:21 AM
In the current crypto market, the value of Bitcoin is compared with the value of AltCoin. It is never possible to get that much profit by investing in altcoins, most of the altcoins are scams. However, by investing in Bitcoins one can avoid facing losses. If the Bitcoin market is down, it will surely rise again. So Bitcoin has the most investments compared to altcoins among the current cryptocurrencies and the future of Bitcoin is the brightest.
Basically, all the values of altcoin in the cyrptocurrency market are sourced from bitcoin values, it can be confirmed that other altcoin values will follow the value or price of bitcoin, but talk about which is better between altcoin and bitcoin, actually both are quite good categories . But in terms of situations that are deteriorating in the Crypto market now it would be nice to be the main grip and maybe at this time it is very suitable to invest in Bitcoin.

There are several Altcoins that many people talk about that have good Value and certainty, like Ethereum is one of the Top Altcoins which I think is very good, and so is Coin Bnb, this coin is also very good in terms of making investments, but if you remember deeply a market situation that is currently a low market trend, it's better to invest in Bitcoin and this is very appropriate advice with the current market situation.



Title: Re: Bitcoin or altcoin?
Post by: ginsan on December 23, 2022, 09:09:12 AM
in terms of 100% calculation of the value of the Assets you have, maybe 75% for you to put in BTC and 25% in altcoins. so that's what we say Bitcoin is better than Altcoin even altcoin is often a useless asset if you choose the wrong coin that you invest. I believe everyone here must have bought Altcoins for your portfolio and all of you have also been part of ICO, IEO and so on, Therefore altcoins are still a good hope for long term investments such as BNB and ETH.

On the one hand, the 75% that you put in the form of BTC dominates the profits you will get in the future because Bitcoin will have quite a fantastic value in the future.


Title: Re: Bitcoin or altcoin?
Post by: alexandr1115 on December 23, 2022, 11:29:23 AM
It seems to me a much more logical choice than altcoins. Investing in altcoins is much more risky, of course, you can earn very high profits. But I think bitcoin makes much more sense in the long run.
A very high profit if indeed you are lucky to get 1 good project amidst the thousands of existing scam projects, it's too tiring lol
The risk is too great that many are leaving altcoins and switching to bitcoin. Even though in this case Crypto does have risks but clearly Bitcoin is safer when compared to Altcoins and of course being in bitcoin will be much better than some projects in altcoins which are not very clear.

Of course you are right to some extent, but there are many worthy projects. It's just that the cryptocurrency industry itself is very diverse to itself. But I believe that altcoins are of great importance for the field of cryptocurrencies, since any field of activity can be transferred to the blockchain, and it can be done on the Ethereum platform, since this is the preferred platform.


Title: Re: Bitcoin or altcoin?
Post by: Mr.suevie on December 24, 2022, 04:29:58 AM
People will most likely advise you to buy bitcoin, especially if they are longterm in the game already. This is because there were many very good alt coins that people thought would be the next big thing but actually disappeared. The same will probably also happen to ethereum and others that are now popular.
You said it all bro although am new to this whole bitcoin crypto stuff but with the little knowledge i have gotten i don't thing i would go any other coins apart from bitcoin because its consistency and volatility has proven that its way more reliable and lucrative than most coins so if i have any plans of investment i think i would go for bitcoin


Title: Re: Bitcoin or altcoin?
Post by: Smack That Ace on December 24, 2022, 05:41:28 AM
It seems to me a much more logical choice than altcoins. Investing in altcoins is much more risky, of course, you can earn very high profits. But I think bitcoin makes much more sense in the long run.
A very high profit if indeed you are lucky to get 1 good project amidst the thousands of existing scam projects, it's too tiring lol
The risk is too great that many are leaving altcoins and switching to bitcoin. Even though in this case Crypto does have risks but clearly Bitcoin is safer when compared to Altcoins and of course being in bitcoin will be much better than some projects in altcoins which are not very clear.

Of course you are right to some extent, but there are many worthy projects. It's just that the cryptocurrency industry itself is very diverse to itself. But I believe that altcoins are of great importance for the field of cryptocurrencies, since any field of activity can be transferred to the blockchain, and it can be done on the Ethereum platform, since this is the preferred platform.

Yes, we should invest mainly in bitcoin for our safety, but also the importance of altcoins cannot be denied. Altcoins bring diversity to the market and the growth of the crypto industry depends on a lot of altcoins. If talking about alts, in my opinion, ETH is also worth investing in and holding, it is also one of the monuments that have stood next to bitcoin for many years. Bitcoin was the birth of the market, but it was ETH that helped the market grow and diversify as it is today.


Title: Re: Bitcoin or altcoin?
Post by: Wildwest on December 24, 2022, 06:59:58 AM
If our capital is limited then to invest in altcoins is the best way because currently there are very many potential altcoins that we can rely on, and the profit we will get will be greater when compared to bitcoin which we can only buy less than 1 bitcoin, although the price increase greatly affects bitcoin nb but potential altcoins we can also rely on because they always follow the flow of bitcoin, But this all depends on our beliefs.


Title: Re: Bitcoin or altcoin?
Post by: Taskford on December 24, 2022, 10:32:49 AM
It seems to me a much more logical choice than altcoins. Investing in altcoins is much more risky, of course, you can earn very high profits. But I think bitcoin makes much more sense in the long run.
A very high profit if indeed you are lucky to get 1 good project amidst the thousands of existing scam projects, it's too tiring lol
The risk is too great that many are leaving altcoins and switching to bitcoin. Even though in this case Crypto does have risks but clearly Bitcoin is safer when compared to Altcoins and of course being in bitcoin will be much better than some projects in altcoins which are not very clear.

Of course you are right to some extent, but there are many worthy projects. It's just that the cryptocurrency industry itself is very diverse to itself. But I believe that altcoins are of great importance for the field of cryptocurrencies, since any field of activity can be transferred to the blockchain, and it can be done on the Ethereum platform, since this is the preferred platform.

Yes, we should invest mainly in bitcoin for our safety, but also the importance of altcoins cannot be denied. Altcoins bring diversity to the market and the growth of the crypto industry depends on a lot of altcoins. If talking about alts, in my opinion, ETH is also worth investing in and holding, it is also one of the monuments that have stood next to bitcoin for many years. Bitcoin was the birth of the market, but it was ETH that helped the market grow and diversify as it is today.

Maybe for some other investor which also have huge capital to spend maybe investing only on bitcoin maybe best for them since they can generally play with their money and get profits on every movements, also they can chase its volatility depends on what they prefer compare to those small investors which only have enough balance where they cannot afford to buy expensive btc and earn a little dime on daily volatility that's why other choose alts because this tokens somehow gives huge profit if these investors know how they can play with fire with this.


Title: Re: Bitcoin or altcoin?
Post by: Inwestour on December 24, 2022, 10:43:23 AM
in terms of 100% calculation of the value of the Assets you have, maybe 75% for you to put in BTC and 25% in altcoins. so that's what we say Bitcoin is better than Altcoin even altcoin is often a useless asset if you choose the wrong coin that you invest. I believe everyone here must have bought Altcoins for your portfolio and all of you have also been part of ICO, IEO and so on, Therefore altcoins are still a good hope for long term investments such as BNB and ETH.

On the one hand, the 75% that you put in the form of BTC dominates the profits you will get in the future because Bitcoin will have quite a fantastic value in the future.
When we talk about altcoins, we need to clarify which tokens we mean, because most of them are outright shitcoins and it is risky to invest even a few percent of your portfolio in them. BNB looks like a promising investment so far, but look at its price paired with bitcoin, it is constantly growing, and you understand that no asset is capable of showing only growth, the time must come when we will see a correction, so I would not consider BNB for investment now.

There is no doubt about investing in bitcoin, so it is a more reliable investment that will bring very good profits in the future. The opinion of experts is divided, but many say that bitcoin has reached its minimum values, and it will growth in the future, so it is difficult to find a better time to invest in bitcoin than now.


Title: Re: Bitcoin or altcoin?
Post by: Jody.Drummer on December 24, 2022, 12:52:26 PM
I suggest and probably most people think that Bitcoin affects all altcoins. If it fails, all altcoins will fail and lose their value. Let's say you choose bitcoin. It comes with some degree of risk. You can earn or lose money on this investment. If you buy an altcoin, on the other hand, you are taking on the risk that bitcoin brings plus the added risk of the altcoin failing on top of it.

I think when you say about risk everything has a lot of risk but when you say bitcoin and altcoins of course bitcoin is definitely going to be better than altcoins regardless we can't rule out the fact that bitcoin stood as a wall for the altcoins when bitcoin collapsed then all are affected but when they are back in a very comfortable zone not necessarily altcoins will be back as they were before.
I think there are no references and choices when talking about bitcoin and altcoins, of course bitcoin is far above everything.


Title: Re: Bitcoin or altcoin?
Post by: wahyuagung26 on December 24, 2022, 02:03:44 PM
If our capital is limited then to invest in altcoins is the best way because currently there are very many potential altcoins that we can rely on,
That is one very reliable way, investing in this Altcoin is not too bad, it's just that you have to be careful in choosing which Altcoin you want to invest in, there are some good Altcoins and some are not good, Altcoins that are considered good can be look at the top 10 in the cryptocurrency market, but the Altcoins that are highly recommended are Bnb and Ethereum, these two Altcoins are highly trusted by all Cryptocurrency investors, it is very appropriate to choose Bnb or Ethereum if someone wants to start investing in Altcoins.

But the most appropriate advice for investing in Cyrpto is towards Bitcoin, this bearish market situation is highly recommended for investing your assets in Bitcoin, and it's even better if you invest in the long term.

and the profit we will get will be greater when compared to bitcoin which we can only buy less than 1 bitcoin,
For the benefits of both are equally profitable in Altcoins provided you choose the right Altcoin and Bitcoin already guarantees a profit, as I said, if you want to maximize profits in Bitcoin then one way is to invest in the long term.


Title: Re: Bitcoin or altcoin?
Post by: Dubaian on December 24, 2022, 02:25:19 PM
The difference between bitcoin and altcoin is that in most cases the more altcoins there are the more scams there are. But not all altcoins are scams, some coins are much better. But Bitcoin is the best coin in the virtual world. Investors tend to invest more in Bitcoins than Altcoins as they never face losses by investing in Bitcoins.


Title: Re: Bitcoin or altcoin?
Post by: BlackRexuz on December 24, 2022, 04:43:01 PM
and the profit we will get will be greater when compared to bitcoin which we can only buy less than 1 bitcoin,
For the benefits of both are equally profitable in Altcoins provided you choose the right Altcoin and Bitcoin already guarantees a profit, as I said, if you want to maximize profits in Bitcoin then one way is to invest in the long term.
It's true that it's equally profitable when it's the right time to invest, even if it's a well-known Altcoin, when the time isn't right then losses will haunt you later, indeed the difference between the two is very drastic, both have their own values ​​that make that a difference,  Bitcoin will always be profitable for the owner, but unlike Altcoins, it will actually make us lose money or vice versa.


Title: Re: Bitcoin or altcoin?
Post by: Rana590 on December 24, 2022, 04:46:19 PM
The difference between bitcoin and altcoin is that in most cases the more altcoins there are the more scams there are. But not all altcoins are scams, some coins are much better. But Bitcoin is the best coin in the virtual world. Investors tend to invest more in Bitcoins than Altcoins as they never face losses by investing in Bitcoins.
Bitcoin is leading the crypto world and it is popular among most of the people. If anyone join with crypto, he has to familiar with Bitcoin first. Investment is always risky and Bitcoin isn't out of it. But investment on Bitcoin is a wiser decision and risk is comparatively low here.


Title: Re: Bitcoin or altcoin?
Post by: yohananaomi on December 25, 2022, 06:06:01 AM
The difference between bitcoin and altcoin is that in most cases the more altcoins there are the more scams there are. But not all altcoins are scams, some coins are much better. But Bitcoin is the best coin in the virtual world. Investors tend to invest more in Bitcoins than Altcoins as they never face losses by investing in Bitcoins.
Bitcoin is leading the crypto world and it is popular among most of the people. If anyone join with crypto, he has to familiar with Bitcoin first. Investment is always risky and Bitcoin isn't out of it. But investment on Bitcoin is a wiser decision and risk is comparatively low here.
cannot avoid all forms of fraud that occur when it comes to dealing with altcoins, the more new altcoins grow, the more likely it is.
but I agree, that there are quite a few that can provide very good returns for those who invest in them. therefore there is nothing wrong with continuing to analyze before you really want to place your funds.
Investing in bitcoin is relatively safer, but it requires sufficient funds to invest in bitcoin, which is different from altcoins because there are many choices that can be made with the funds we do have.


Title: Re: Bitcoin or altcoin?
Post by: Inwestour on December 25, 2022, 01:21:19 PM

As of right now, Bitcoin is the most well-known cryptocurrency. If you're going to invest in Bitcoins or altcoins, Bitcoin is clearly the best choice. Nevertheless, a variety of factors should also be considered carefully. The value of your investment, whether in bitcoin or altcoins, will fluctuate, and a loss is always possible.
Losses are possible only if you sell at a loss, but this factor will only depend on you, so it can be excluded if you have discipline in investments. Consider an example if you bought bitcoin at a price of 20k, and at the moment your investments are at a loss, you can now sell at a price of 17k and this will be a loss -making investment.

But you can just wait, it doesn’t matter how much, how many are required, one or two years, when the price will be 40k, or 80k and your investment will be profitable. You can also use this time when the price has become lower to buy more bitcoin and thus make the purchase price even lower. If you understand what you are doing, then your investments will be profitable if negative news can affect you in such a way that you can sell at a loss, then it is better not to invest in bitcoin, because the situation when the price is going down, can be repeated many times.


Title: Re: Bitcoin or altcoin?
Post by: Casdinyard on December 25, 2022, 05:54:01 PM
Certainly the best option is to just buy both. Altcoins offer immense profitability due to their cheap prices and easier accessibility. Bitcoins on the other hand is already tried and tested and is sure to give anyone who buys it profit in good timing. So personally instead of choosing between the two, it's much better to actually buy bitcoin with a percentage of your investment money and stock up on some good altcoins as well. Basically putting the saying "don't put all your eggs in one basket" to practice


Title: Re: Bitcoin or altcoin?
Post by: Smartvirus on December 25, 2022, 06:38:58 PM
Whe it comes to investments such as these, that comes without any forward of securities, your always advised to invest with only spare cash or that which you can afford to lose. That's more like, preparing yourself for what ever outcome your choice of investment might bring. Either one that might result in a lose or profit, you become okay with either one.
If your able to follow up with such principle and would be good with whatever becomes of your investment, then perhaps you've just got to DYOR on avaliable projects and pick your investment.

Although, I know if I were to choose between them both exclusively, I'll be the more safe with bitcoin. Other than that, I might have to split my investment capital to pick both. With the bulk money going for bitcoin  investments.


Title: Re: Bitcoin or altcoin?
Post by: serjent05 on December 25, 2022, 06:45:29 PM
Certainly the best option is to just buy both. Altcoins offer immense profitability due to their cheap prices and easier accessibility. Bitcoins on the other hand is already tried and tested and is sure to give anyone who buys it profit in good timing. So personally instead of choosing between the two, it's much better to actually buy bitcoin with a percentage of your investment money and stock up on some good altcoins as well. Basically putting the saying "don't put all your eggs in one basket" to practice

I agree, both cryptocurrencies have their own advantage and offer opportunities.  We will miss out if we ignore one of them.  Bitcoin is safer but altcoin offers bigger profit.  We just need to dig more and research more when dealing with altcoins because of the incident that hacking and rug pulling is an almost ordinary things in this area.

I think there are no references and choices when talking about bitcoin and altcoins, of course bitcoin is far above everything.
As of right now, Bitcoin is the most well-known cryptocurrency. If you're going to invest in Bitcoins or altcoins, Bitcoin is clearly the best choice. Nevertheless, a variety of factors should also be considered carefully. The value of your investment, whether in bitcoin or altcoins, will fluctuate, and a loss is always possible.

Bitcoin is indeed the better choice if you wanted security and liquidity.  But if you wanted profit in a short span of time, altcoin often offers this opportunity.  Investing in both doesn't hurt, besides most financial gurus advice to diversify.


Title: Re: Bitcoin or altcoin?
Post by: Tanvi50_ on December 25, 2022, 07:43:20 PM
this is just obvious. why would anyone choose something that could fall apart any time after they buy it? or knowing very well that it is controlled by someone and he has noting he could do about it.
Bitcoin proves again and again to be the mother of all crypto and yet we are here talking about buying alts. I don't know about you and your vision but for me it will always be Bitcoin.


Title: Re: Bitcoin or altcoin?
Post by: KennyR on December 25, 2022, 08:29:36 PM
Making the entry at the right time lets the user make the best out of the investment at the shortest. Whether to go with bitcoin or with altcoins is upto the user's personal  experience. Both bitcoin and altcoin have good track record and it is one's own choice. Even in the investment it is kind of gambling, because based on the market will be profitability out of the Bitcoin/altcoin investment.


Title: Re: Bitcoin or altcoin?
Post by: coupable on December 25, 2022, 11:24:41 PM
this is just obvious. why would anyone choose something that could fall apart any time after they buy it? or knowing very well that it is controlled by someone and he has noting he could do about it.
Bitcoin proves again and again to be the mother of all crypto and yet we are here talking about buying alts. I don't know about you and your vision but for me it will always be Bitcoin.
For investment goals that achieve large and quick returns, people prefer alternative currencies over Bitcoin. Even most of those who prefer Bitcoin are long-term investors and very few use it for daily transactions.
Personally, I always prefer the less risky options since I am not an investor. The same reason prompts me to use usdt to freeze my balance while bitcoin price drops. Of course, the usdt currency is also considered an alternative currency, but it is less dangerous in times of falling bitcoin prices and the rest of the major currencies.


Title: Re: Bitcoin or altcoin?
Post by: klidex on December 26, 2022, 01:21:15 PM
It seems to me a much more logical choice than altcoins. Investing in altcoins is much more risky, of course, you can earn very high profits. But I think bitcoin makes much more sense in the long run.
A very high profit if indeed you are lucky to get 1 good project amidst the thousands of existing scam projects, it's too tiring lol
The risk is too great that many are leaving altcoins and switching to bitcoin. Even though in this case Crypto does have risks but clearly Bitcoin is safer when compared to Altcoins and of course being in bitcoin will be much better than some projects in altcoins which are not very clear.

Of course you are right to some extent, but there are many worthy projects. It's just that the cryptocurrency industry itself is very diverse to itself. But I believe that altcoins are of great importance for the field of cryptocurrencies, since any field of activity can be transferred to the blockchain, and it can be done on the Ethereum platform, since this is the preferred platform.

Yes, we should invest mainly in bitcoin for our safety, but also the importance of altcoins cannot be denied. Altcoins bring diversity to the market and the growth of the crypto industry depends on a lot of altcoins. If talking about alts, in my opinion, ETH is also worth investing in and holding, it is also one of the monuments that have stood next to bitcoin for many years. Bitcoin was the birth of the market, but it was ETH that helped the market grow and diversify as it is today.

Maybe for some other investor which also have huge capital to spend maybe investing only on bitcoin maybe best for them since they can generally play with their money and get profits on every movements, also they can chase its volatility depends on what they prefer compare to those small investors which only have enough balance where they cannot afford to buy expensive btc and earn a little dime on daily volatility that's why other choose alts because this tokens somehow gives huge profit if these investors know how they can play with fire with this.
Actually it all depends on the use and purpose.
If a true investor has money, he prefers to invest in bitcoin with the aim of long-term investment and it is impossible to take advantage of every move, because as far as I know investment does not recognize rising or falling prices, if it has not reached a predetermined target it will never sell this asset unless you're in a pinch and really need the money.
Very different from traders who prefer altcoins because they have very fast movements and can be relied upon to take profits gradually and consistently.
Altcoins also have prices which of course tend to be cheap.
That way traders can still trade crypto using only limited capital.


Title: Re: Bitcoin or altcoin?
Post by: Smack That Ace on December 26, 2022, 01:40:48 PM
It seems to me a much more logical choice than altcoins. Investing in altcoins is much more risky, of course, you can earn very high profits. But I think bitcoin makes much more sense in the long run.
A very high profit if indeed you are lucky to get 1 good project amidst the thousands of existing scam projects, it's too tiring lol
The risk is too great that many are leaving altcoins and switching to bitcoin. Even though in this case Crypto does have risks but clearly Bitcoin is safer when compared to Altcoins and of course being in bitcoin will be much better than some projects in altcoins which are not very clear.

Of course you are right to some extent, but there are many worthy projects. It's just that the cryptocurrency industry itself is very diverse to itself. But I believe that altcoins are of great importance for the field of cryptocurrencies, since any field of activity can be transferred to the blockchain, and it can be done on the Ethereum platform, since this is the preferred platform.

Yes, we should invest mainly in bitcoin for our safety, but also the importance of altcoins cannot be denied. Altcoins bring diversity to the market and the growth of the crypto industry depends on a lot of altcoins. If talking about alts, in my opinion, ETH is also worth investing in and holding, it is also one of the monuments that have stood next to bitcoin for many years. Bitcoin was the birth of the market, but it was ETH that helped the market grow and diversify as it is today.

Maybe for some other investor which also have huge capital to spend maybe investing only on bitcoin maybe best for them since they can generally play with their money and get profits on every movements, also they can chase its volatility depends on what they prefer compare to those small investors which only have enough balance where they cannot afford to buy expensive btc and earn a little dime on daily volatility that's why other choose alts because this tokens somehow gives huge profit if these investors know how they can play with fire with this.

I agree with what you said, most of the people who invest in altcoins are people with small capital and they want to rely on altcoins to grow their capital as quickly as possible, and that is also the fatal weakness that scammers have captured and exploited.
There's nothing wrong with investing in altcoins, but the mistake people make is being too greedy, they don't take profits when they are profitable but want more and as a result they lose and from there, people start aversion to altcoins. Bitcoin or altcoins are both profitable investments, choose the investment method that suits you best.


Title: Re: Bitcoin or altcoin?
Post by: Xinarae* on December 26, 2022, 02:08:02 PM
The difference between bitcoin and altcoin is that in most cases the more altcoins there are the more scams there are. But not all altcoins are scams, some coins are much better. But Bitcoin is the best coin in the virtual world. Investors tend to invest more in Bitcoins than Altcoins as they never face losses by investing in Bitcoins.
Bitcoin is leading the crypto world and it is popular among most of the people. If anyone join with crypto, he has to familiar with Bitcoin first. Investment is always risky and Bitcoin isn't out of it. But investment on Bitcoin is a wiser decision and risk is comparatively low here.
Bitcoin stands at the top of all currencies it is a very common thing that markets always bounce back after major crashes. Besides investing in good bitcoins is less risky bitcoin price is based on investor demand bitcoin is at an all time high even though demand for investments in other currencies is low. Long term investment will give good returns.


Title: Re: Bitcoin or altcoin?
Post by: Cryptodebjoe on December 26, 2022, 05:59:38 PM
BTC anytime anyday bcuz I've noticed that altcoin feed on the existence of BTC also altcoin has lots of scammers involved but BTC is more reliable than them.....


Title: Re: Bitcoin or altcoin?
Post by: Fara Chan on December 26, 2022, 06:21:46 PM
The difference between bitcoin and altcoin is that in most cases the more altcoins there are the more scams there are. But not all altcoins are scams, some coins are much better. But Bitcoin is the best coin in the virtual world. Investors tend to invest more in Bitcoins than Altcoins as they never face losses by investing in Bitcoins.
Bitcoin is in the Main position in Cryptocurrency, All Altcoins start from Bitcoin, This Altcoin is very dependent on Bitcoin. the name of fraud in Altcoin is already familiar to hear, and yes the more Altcoins are added the more this fraud will be born. We all need to study it well, the name of investment is of course there will be risks, both in Bitcoin and Altcoins.

Wise investors will still make Bitcoin the main investment and holding the most important asset, not only that investing in Bitcoin is relatively safe, with a much different level of risk compared to Altcoins. The risk is relatively lower than investing in Altcoins.
Bitcoin leads all Cryptocurrency movements, especially Altcoins.


Title: Re: Bitcoin or altcoin?
Post by: Ebede on December 26, 2022, 06:33:24 PM
this is just obvious. why would anyone choose something that could fall apart any time after they buy it? or knowing very well that it is controlled by someone and he has noting he could do about it.
Bitcoin proves again and again to be the mother of all crypto and yet we are here talking about buying alts. I don't know about you and your vision but for me it will always be Bitcoin.
For investment goals that achieve large and quick returns, people prefer alternative currencies over Bitcoin. Even most of those who prefer Bitcoin are long-term investors and very few use it for daily transactions.
Personally, I always prefer the less risky options since I am not an investor. The same reason prompts me to use usdt to freeze my balance while bitcoin price drops. Of course, the usdt currency is also considered an alternative currency, but it is less dangerous in times of falling bitcoin prices and the rest of the major currencies.
In my own opinion I will say that why people prefer investing in altcoin than bitcoin it is because altcoin will be buy or purchase in low price why bitcoin will be purchasing higher price but during a bullish market when altcoin rise you will have a more dollar and altcoin investment if the altcoins can survive a bearish market.


Title: Re: Bitcoin or altcoin?
Post by: Inwestour on December 26, 2022, 06:55:18 PM
I agree with what you said, most of the people who invest in altcoins are people with small capital and they want to rely on altcoins to grow their capital as quickly as possible, and that is also the fatal weakness that scammers have captured and exploited.
There's nothing wrong with investing in altcoins, but the mistake people make is being too greedy, they don't take profits when they are profitable but want more and as a result they lose and from there, people start aversion to altcoins. Bitcoin or altcoins are both profitable investments, choose the investment method that suits you best.
I know one great asset from which the profits can be reinvested again and do not worry that you will have an aversion to it, this is bitcoin. I understand what you are saying, if you have a small capital, you want to increase it as quickly as possible, and when it turns out to earn something on altcoins, people do not withdraw profits, but buy altcoins again with these funds in order to make a profit again.

But this is a losing strategy, to some extent it is like an all-in, sooner or later luck will turn away from you and the game will end there. Maybe you are right and altcoins are not that bad for making a profit, but this requires the right strategy.


Title: Re: Bitcoin or altcoin?
Post by: lepbagong on December 28, 2022, 05:28:16 AM
I think there are no references and choices when talking about bitcoin and altcoins, of course bitcoin is far above everything.
As of right now, Bitcoin is the most well-known cryptocurrency. If you're going to invest in Bitcoins or altcoins, Bitcoin is clearly the best choice. Nevertheless, a variety of factors should also be considered carefully. The value of your investment, whether in bitcoin or altcoins, will fluctuate, and a loss is always possible.
bitcoin is a crypto pioneer, obviously it will be the best choice to date and no one will be able to argue with this.
all investments are guaranteed to always be at risk, including of course crypto, it's just a matter of how to get around it so it doesn't hurt and everything can be learned.
Likewise with crypto, but if you want to invest in bitcoin it will be different from altcoins, because there are quite a lot of altcoins and if you choose the wrong one you can lose money later.
but for bitcoin and ethereum, you only lose in time and you have to be patient waiting for it when the market starts to improve and then sell it.