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Question: Bitcoin or Ethereum or other Altcoins
Bitcoin - 99 (63.5%)
Ethereum - 26 (16.7%)
Other Altcoins - 31 (19.9%)
Total Voters: 156

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Author Topic: Bitcoin or Altcoins? Which is safer or more profitable?  (Read 4189 times)
earnmoneyonl
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November 16, 2017, 07:32:51 AM
 #41

I think bitcoin is more profitable and safer because you can create types of coins while bitcoin is the only one and people just know about bitcoin not many people know about others coin so I think bitcoin is the best  Grin Grin.
dasher797
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November 16, 2017, 07:36:09 AM
 #42

Bitcoin is more profitable than altcoin, but sometimes altcoin become more profitable. Usually people get a lot of profit because they buy coin in ICO. But after that nobody know what will happen next.

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November 16, 2017, 07:37:04 AM
 #43

I have  always believe in bitcoins than altcoins, bitcoin is big opportunity to get a lot profit than altcoins at the moment
bitcoin is high fluctuation and when bitcoin is rise, many of altcoins is going down.

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poplolnman
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November 16, 2017, 07:43:46 AM
 #44

Each has advantages and disadvantages. to have a safe investment then I think Bitcoin is much better because if seen then investing in Altcoin much more risky, a lot of Altcoin that often experience rapid changes. Maybe for some people who like to take risks I think Altcoin can be used as an alternative, for those who want to take a big advantage then altcoin is a good choice. but if wrong in choosing then altcoin can bring you loss and destruction. choose according to the conditions and do not forget you must have a strong belief in choosing a coin you want invested.
actually it's depends on how you want to take risk , i consider bitcoin are the most promising one especially for your long term investment. where altcoin could be a disaster when you want to invest on them for the long term you need a creful research about altcoin investment , so i would say that altcoin are for short term and bitcoin for long term , both has similar risk , unless if you look at a new altcoin then it has higher risk and not safe at all.

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bloodyvio
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November 16, 2017, 08:05:15 AM
 #45

bitcoin = long-term investment
altcoin = short term investment

I guess besides bitcoin, ethereum is a good choice for long-term investment
because Ethereum price is very stable.
Moreover, It provides a smart contract which is widely used by ICO.
and also Ethereum cover the lack of bitcoin, ie :
- a fee much cheaper than bitcoin.
- quite fast in transaction rather than bitcoin.

bitbunnny
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November 16, 2017, 08:10:52 AM
 #46

I would say that word safe isn't something you could tie to cryptocurrencies. Investing in Bitcoin or altcoins takes certain risk that you can't avoid. I would say that Bitcoin is better for long term investing or using as a payment method for some expences and altcoins are for short term trading and fast profit. But since the altcoin market is very diverse you have to know it very well to avoid picking the wrong coins.

mondobitcoin
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November 16, 2017, 08:17:23 AM
 #47

Ethereum is a good alternative, and have a good future like cryptocurrency
You can buy some fresh altcoins at lower price, and after can resell them for a 50-100x profit, but you need to know the history of the coin, before invest money
And Bitcoin as we can see, is the best investment, grow and grow up Smiley
lazygin001
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November 16, 2017, 08:20:43 AM
 #48

Probably Bitcoin is a safer option because it is the first cypto currency and widely used now. Altcoins are something that you won't know what is going to happen tomorrow.
cryptolit
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November 16, 2017, 08:26:13 AM
 #49

Long Term: Bitcoins
Short Term: Altcoins


Is this true? I'm also relatively new to this but there are some great altcoins out there which have huge potential. Surely investing small amounts of fiat those which would give you a lot in that coin is low risk and could turn out to be hugely profitable (like Bitcoin is) in the long run...

Bitoin is expensive now and with its flaws, there's a risk your investment in it will go less far and Bitcoin could flop.

Just my two cents. For full disclosure I have Bitcoin and alts.
Eadefemi (OP)
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November 16, 2017, 10:41:47 AM
 #50

I think most of the altcoins need more gestation time before they can start producing. They need to produce more tangible results and then they'll gain some traction. I'm just speaking of them as a whole and not as one particular coin or token.

But then...waiting for gestation time could become an inaction that would make you lose the first spots!!!

I understand you...I'm just confused😕
Eadefemi (OP)
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November 16, 2017, 10:44:01 AM
 #51

Probably Bitcoin is a safer option because it is the first cypto currency and widely used now. Altcoins are something that you won't know what is going to happen tomorrow.

But do you really see the present challenges easing out. I personally think the challenges with blockchain will just continue to mount and theres going to be a whole lot of frustrations
Eadefemi (OP)
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November 16, 2017, 10:52:27 AM
 #52

With Bitcoin, you can be sure, that you will make profits. But it will be small profits. (low risk, low profits)
With altcoins you can't be sure about anything. You will either lose -90% or make 400%. (high risk, high profits)

You can check out my portfolio: http://www.coinparator.com/yKwJQH/

I own BTC for a very long time and as you can see, I'm still only 300% up.

Rest of the altcoins I bought recently. And as you can see, I either almost almost everything (MCO -70%, EBET -70%) or I make big gains (VTC +400%)

This is very rich portfolio birth in worth and in experience. I understand your point, thanks!!!
DoublerHunter
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November 16, 2017, 12:45:11 PM
 #53

Bitcoin is safer and more profitable than the most altcoins because the price of bitcoin is not so volatile than before so it is easy for the price of bitcoin to maintain its current price and do not go down so hard and it is also profitable because just after a few months you can earn up to 50% by just holding it and waiting for the price to go up.
ronics
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November 17, 2017, 07:09:38 AM
 #54

I choose bitcoin ,it seems as though I understand it .is it not too hard for me to understand the forums and so on.bitcoin is very comfortable whenever you talk to explain the forums you understand and of course first is bitcoin in the whole world .about the altcoins .I do not know much and I have a hard time to understand and understanding everything ,every forums it does not know my knowledge about altcoins .I'm not comfortable with altcoins .its really hard for me to discuss altcoins or thread...
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November 17, 2017, 07:14:24 AM
 #55

Mostly there are just single pumps in alts while btc is on the rise, and the rest actually declines due to the fact that people take their assets over into btc - when btc has a steady range for a few days or more, altcoin market starts to be more volatile and active again due to the fact that people will return to their former altcoin assets. Thats the simple version - so if you are looking to invest long term (speaking of years) some altcoins surely make sense, but if youre looking to profit in the short run, either stay in btc or switch to alts while btc is declining.

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November 17, 2017, 07:18:58 AM
 #56

I agree
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November 17, 2017, 07:24:59 AM
 #57

i think the concept safe and profitable are very opposite to each other, how can you earn much money if you dont want to take any risks, choosing a safe way is good but having brave and invest in somethings risky like bitcoin can bring you so much profit, so if you want a safer way you can choose investing in altcoins.

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November 17, 2017, 08:03:07 AM
 #58

I choose altcoin. the reason is simple, because for now I lack capital if bitcoin deposit. different from a few years ago, in one deposit I can still buy one or two bitcoins. but now the price is fantastic.
so, i prefer altcoin, i collect through bounty. at the right time exchanged to btc.

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November 17, 2017, 08:14:36 AM
 #59

Accorfing to the last events, i would say that bitcoin is more profitable. But you can get some much profitable altocins if you know what to take.

Wayan_Pedjeng
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November 17, 2017, 08:22:05 AM
 #60

From what I have seen till now, Bitcoins are safer and more profitable than any other coin, including Ethereum and Bitcoin Cash.
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