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Author Topic: Bitcoin or Altcoin  (Read 6274 times)
warrengates
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December 05, 2017, 08:32:16 AM
 #161

If you want to invest then Bitcoin is the best choice. Indeed altcoin has increased but altcoin has a very high risk in investing.
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December 05, 2017, 09:26:26 AM
 #162

If you want to invest then Bitcoin is the best choice. Indeed altcoin has increased but altcoin has a very high risk in investing.

Sometimes the risk of investing in alternative coins is justified. But the novice usually can not choose the right and perspective coins. That's why they can safely invest only in bitcoin

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December 05, 2017, 09:44:00 AM
 #163

At this time bitcoin price is very Expensive.So Not everyone can buy Bitcoin.I think right now buy litecoin or ETH.Because They are still caught in the eye.Maybe new year this altcoin is booming.
Yes I agree with your article.since bitcoin price is so expensive then start trading with litecoin or ethereum.new year will be very positivety gave all holder.I was bought some litecoin few days ago.
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December 05, 2017, 10:09:53 AM
 #164

If you want to invest then Bitcoin is the best choice. Indeed altcoin has increased but altcoin has a very high risk in investing.
Every crypto is risky but bitcoin it's worth to take the risk and why you only want to take the risk with bitcoin if there is a massive orders and market for the alt coins? Do your own research before investing, I'd prefer to get along with both of it.



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December 05, 2017, 10:14:06 AM
 #165

I am sure everyone is aware about the rise of altcoins like ETH and Litecoin so I just want to know expert's opinion whether to invest in bitcoin or altcoins as the price of bitcoin is too high now for an individual to invest into it ? Do you think these altcoins will survive and pump just like bitcoin or its better to stick to bitcoin ?
Investment in Bitcoin is good because we all believe that there is a greater future ahead for its growth and even altcoins but not all if them though that are worth once investment. If you research well you will see that there are some altcoins that really worth investing such as lisk, litcoin, ripple, ethereum, Bitcoin Cash etc.
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December 05, 2017, 10:15:48 AM
 #166

Bitcoin is the safe way to earn profit and Altcoin is the best way to earn your profits. Altcoin could give you multiples profits than Bitcoins.
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December 05, 2017, 10:19:34 AM
 #167

We hope to get more profit from our investing.We can do it with ALTCOIN as well BTC.

Which can we get maximum profit above both?
Which is better for investing?
What are the facts when we consider like that problem?
JoyofCrypto
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December 05, 2017, 10:24:08 AM
 #168

The main reason you buy altcoins is to get more bitcoin. If everything works out correctly of course and the coins you buy don't actually go to 1 satoshi.
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December 05, 2017, 10:26:29 AM
 #169

Altcoins are also known as alternative currencies. These are bitcoin clones, bitcoin rivals (boo, hiss!). There are well over 4,000 different altcoins in existence. If you do not like to trade or speculate on the bitcoin against fiat currency markets, you could trade against altcoins instead.

Altcoins seek to improve on the ideas bitcoin represents. Some people feel the need for more anonymity, whereas other developers want to explore the boundaries of the underlying blockchain technology. Rather than submitting their ideas to the bitcoin developers, they use the bitcoin code, change the name, make some minor tweaks, and launch it as a brand new digital currency.

Over the years, only a dozen or so altcoins have managed to stay relevant over time, mostly thanks to a strong community and the integration of some unique features that have not made it to bitcoin core (yet). Nevertheless, none of these altcoin communities is as large or as supportive as the bitcoin community. But that doesn’t mean there is no speculation going in the altcoin scene either. And this is why so many day traders prefer to speculate on the altcoin markets, as there is a lot of room for quick profits and quick losses.

Most altcoins are created by pump-and-dump groups. What this means is that developers create a lot of hype for their coin and promise unique and interesting features. As people find out about these promises, they are more eager to buy coins at a low price, which in turn pushes the price upward. A few altcoins that have people who are actively working hard outside of pump-and-dump groups include Litecoin, CasinoCoin, and Guldencoin.

Rather than pushing up the price by buying coins, some altcoin developers encourage community members to put down a lot of money for a valueless altcoin. And once the price is high enough, these developers cash out, take their money, and work on a new coin for next week.

There are many altcoins to go around, and most of them will never serve an actual purpose. However, if you can catch a few cheap coins before the price increases, there is a nice amount of profit to be made. Never become too greedy though, as prices can plummet even faster than they rise

Bitcoin is changing the way people think about money by planting a seed of doubt in people’s minds — in a positive and thought-provoking way. Mind you, given the financial crises over the past decade, it’s understandable that some people are trying to come up with new and creative solutions for a better economy. Bitcoin, with its transparency and decentralization, may prove to be a powerful tool in achieving that goal.

One thing bitcoin does is bypass the current financial system and could therefore potentially provide services to unbanked and underbanked nations all around the world.

Whereas most people in the Western world find it normal to have a bank account, the story is quite different elsewhere. Some countries in Africa, for example, have an unbanked population of anywhere from 50 to 90 percent. Do these people have less right to open and own a bank account than Americans or Europeans do? Absolutely not, but doing so may come with rules so strict as to be unobtainable for many citizens.

For a while now, society has been evolving toward a cashless ecosystem: More and more people use bank and credit cards to pay for goods and services both online and offline, for example. Mobile payments — paying for stuff with your phone — are now on the rise, which may become a threat to card transactions. Bitcoin has been available on mobile device for years now.

People are slowly starting to grasp the concept of blockchain technology’s potential and future uses: A blockchain can do pretty much anything; you just have to find the right parts of the puzzles and fit them together.

Here are some examples of what bitcoin technology is capable of:

Taking on the remittance market (transfers of funds between two parties) and coming out on top in every aspect.
Sending money from one end of the world to the other end in only a few seconds.
Converting money to any local currency you desire.
Overriding the need for a bank account, making bitcoin an incredibly powerful tool in unbanked and underbanked regions of the world.
What if you live in an unbanked region and have no reliable access to the Internet? There’s a solution for that as well: Some services allow you to send text messages to any mobile phone number in the world in exchange for bitcoin or a few other digital currencies. Once again, bitcoin proves itself a very powerful tool in underbanked and unbanked regions of the world.

Perhaps the most impressive showcasing of what bitcoin can do is the bitcoin network itself. All transactions are logged and monitored in real time, giving users unprecedented access to financial data from all corners of the world. Furthermore, the blockchain enables you to track payments’ origins and destinations, even as money is on the move in real time. Such valuable insight will hopefully be adopted in the current financial infrastructure, even though there may be a period of adjustment while that takes place.
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December 05, 2017, 10:32:51 AM
 #170

Bitcoin is always my choice. It's the number one and it will remain so. Still there are some good altcoins with good perspective that are good for trading and if you are skilled enough and well informed abou the altocin market you can make good profit. And then use that profit to buy more bitcoins. Grin But so many new altcoins appear all the time that sometimes it' s hard to catch the track and you can easily go wrong in predictons so the chances to lose the money are not so small so you have to be careful when choosing the altcoins for trading. Besides trading I dno't see other purpose of altcoins so they will never have such status as bitcoin have.

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December 05, 2017, 10:44:56 AM
 #171

I guess for now, a lot of people are selling their altcoins to have some stock of bitcoin. well, bitcoin prices will probably continue to rise until the end of the year, or even until next year. so, do not be surprised if many people are looking for bitcoin,
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December 05, 2017, 11:01:40 AM
 #172

I am sure everyone is aware about the rise of altcoins like ETH and Litecoin so I just want to know expert's opinion whether to invest in bitcoin or altcoins as the price of bitcoin is too high now for an individual to invest into it ? Do you think these altcoins will survive and pump just like bitcoin or its better to stick to bitcoin ?

As of the moment I need to choose Bitcoin , since BTC is actively increasing and pumping its value in the cryptoworld . It also affect the value of altcoins.

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December 05, 2017, 11:09:01 AM
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I guess for now, a lot of people are selling their altcoins to have some stock of bitcoin. well, bitcoin prices will probably continue to rise until the end of the year, or even until next year. so, do not be surprised if many people are looking for bitcoin,

That is the right strategy, IMO. A lot of people have invested in the alts, thinking that the BTC prices are too high. These people don't realize that the alts are not capable of giving the returns like Bitcoin. Their value is purely based on speculation. And when the alt bubble bursts, these guys are going to lose up to 99% of their investment.
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December 05, 2017, 11:12:13 AM
 #174

of course bitcoin, if u want to invest in altcoin, better dont do that because they're being dumped.
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December 05, 2017, 11:20:03 AM
 #175

Depending on the viewpoint of each person their choice varies and as I would choose bitcoin because of its stability as well as the potential that it brings.
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December 05, 2017, 11:49:03 AM
 #176

Both ETH and Litecoin are good. They are top biggest coin in the market. Let look at the growthin 2017. ETH price went up 5700% meanwhile Litecoin price increase 2400%. Therefore, there is no doubt that invest in them will get big profit. That is a good choice is you dont have huge fund to invest in Bitcoin

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December 05, 2017, 11:49:26 AM
 #177

Bitcoin is always better for doing start trade or daily trade and holding.I start trade few days ago.I buy some bitcoin dollar and start daily trade.so I think bitcoin is best.
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December 05, 2017, 12:46:15 PM
 #178

I am sure everyone is aware about the rise of altcoins like ETH and Litecoin so I just want to know expert's opinion whether to invest in bitcoin or altcoins as the price of bitcoin is too high now for an individual to invest into it ? Do you think these altcoins will survive and pump just like bitcoin or its better to stick to bitcoin ?

For me they are both good especially bitcoins because their value are too much expensive rather than altcoins which are way more cheaper but not all altcoins are successful. But for me I do not need to trade bitcoins because I can easily turn it into a cash because bitcoins are accepted into a banl here in.our country that makes it easily to cash out a bitcoins. So I only traded altcoins and that is not always good but there are times that the value of the coins that I trade are way too profitable and too much money that it made.
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December 05, 2017, 01:23:17 PM
 #179

Altcoin is better than bitcoin because there is a lot of altcoins in the market that i can choose to either trade or invest and when we will talk about long term, there is a higher chance that i can make more money in my investment in altcoins rather than bitcoin alone because the market of bitcoin is already high while the most market or altcoins are still undervalued.

yeah same here, i think altcoin is a hell much better when compared to bitcoin because there were many too many altcoins to choose from and you can actually make unlimited and much descent income just by trading on them unlike to bitcoin that can be only used mainly as an investment tool. altcoins are also afordable and inexpensive therofer any one can possibly buy  and make a profit on it but overall it still fully depends on the person , beause not all person are the same. some person wants and prefer active trading  but there were some people that finds trading as a verry hard thing to do thats why they opt and choose bitcoin to avoid their selve's in a hassel and stressful work.
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December 05, 2017, 01:51:25 PM
 #180

I will invest in Bitcoin and altcoin at the same time but the money earnmark for bitcoin will be higher! Crypto currency is unlike firex that you can predict certain pair against other! Crypto is more dynamic and you may not understand what is driving a price of a coin!
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