BillCoin
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January 24, 2018, 03:01:52 PM |
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The main reason that newcomers who heard about bitcoin decides to buy an altcoin instead, is that most of the newcomers that heard about bitcoin worth 12000$, think it's worth " too much" and they don't have a big place of making profits, so they are searching for a coin that may become the "new bitcoin" and can make them rich.
The fact that altcoins rise more then bitcoin doesn't mean that their technology is better, all it means is that people think that altcoins can be more profitable.
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dvillier
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January 24, 2018, 03:06:31 PM |
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I figure everyone should acknowledge and utilize bitcoin. since it's exceptionally sheltered money everywhere throughout the world likewise trusted cash and everybody realizes that. Bitcoin is the safe cash and gold likewise some other property. Without hazard, a few people end up plainly moguls with Bitcoin it's the correct venture for you. you should your wallet make helpful. at the time a wide range of sorts of wallet accessible yet secure our bitcoin wallet shape any others digital currency. so ideally I will state to you for best secure ought to be utilized bitcoin.
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bering
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January 24, 2018, 06:15:07 PM Merited by EdenHazard (1) |
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the answers depend on people personal reasons but i personally still stick to bitcoin rather than altcoins because bitcoin can give me a lot of benefit especially from my financial side and since i know bitcoin i could able to making money from it although i would not denied that altcoins can give me the profit to but my main reason still stay in cryptocurrencies because of bitcoin
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pendekar cinta
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January 25, 2018, 03:00:20 PM |
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It could be because bitcoin is one of those coins that has a fast price movement so someone tends to rely on it as an investment place that can give a lot of advantages every time in comparison to try other altcoin.
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EdenHazard
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January 25, 2018, 03:43:58 PM |
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The main reason that newcomers who heard about bitcoin decides to buy an altcoin instead, is that most of the newcomers that heard about bitcoin worth 12000$, think it's worth " too much" and they don't have a big place of making profits, so they are searching for a coin that may become the "new bitcoin" and can make them rich.
The fact that altcoins rise more then bitcoin doesn't mean that their technology is better, all it means is that people think that altcoins can be more profitable.
makes sense , but op are questioning about why people prefer to choose bitcoin over cheaper altcoins? not the other way around . a lot of people remain to look at bitcoin as their digital asset investment are due its popularity make them feel secure to put the money in , also with its large community make them not so hard to find a solution in case they are in trouble. simple as that.
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bosede1
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January 25, 2018, 03:52:23 PM |
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Bitcoin has been in existence before all these altcoins we are talking about now, it has been true to type and maintain its stand has number one in Crypto world and anybody who enter into the market will want to make wise decision in going for the best.
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mOgliE
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January 25, 2018, 04:24:42 PM |
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Hi, Bitcoin was the first ever created. So it is the one the most spread, quite logically, the easier to use and also... the "less risky". It is risky, of course, and much more than any fat currency, but as it was the first, it is quite emblematic... And therefore the risks taken can be seem as more reasonable. Then, many businesses have been developed around bitcoin. For the users and creators, it is not necessarily easy to switch from one coin to another. So they keep bitcoin! Though, if you want to invest in another alt coin, you still have quite a large choice. You should find something suitable to your needs!
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Pemburu1
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January 25, 2018, 05:12:04 PM |
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no i do not expect to bitcoin.
I prefer to invest in some alcoins such as ETH and possibly the coin has the same chance with bitcoin. The reason I do not want to invest in bitcoin is because of the expensive bitcoin price so far
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fulmetal08larz
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January 25, 2018, 05:58:15 PM |
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Your funds should not be totally in bitcoin. It is recommended to diversify your portfolio, example: 70% on the Big 3 of cryptocurrency (BTC, ETH, LTC), then, the remaining 30% to some altcoins in which you have invested time to research about and ICOs that you think have great future and has real world applications.
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kuntet99
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January 25, 2018, 06:34:46 PM |
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We cannot deny the fact that bitcoin have a great reputation, also bitcoin I think is more secure to invest than on other altcoins considering that bitcoin was here for a long period of time.
yes I agree with your opinion, hopefully aja bitcoin can be used as land for all jobs.
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JL421
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January 25, 2018, 08:02:01 PM |
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now many altcoin, sprung up between it all there must be in the place of investing other than bitcoin, all also have the same opportunity as bitcoin all promising profit
but why do more choose bitcoin as the place they invest?
Btc is well known in the market, ironically people will not know what cryptocurrency is but they might have heard about btc and think of it as a digital currency. Btc still has a higher market cap compare to most alt's so that's another reason trader's prefer to trade with it and also it's much more popular.
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yasirsidds89
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January 25, 2018, 08:15:22 PM |
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because its all about trust everyone trust bitcoin more than alt coins... we have so many bad examples of alts like bitconnect etc...
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astrid.uchiha24
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January 25, 2018, 09:36:45 PM |
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I don't think many people are still holding bitcoin but if there are they must be whales of bitcoin. just come to think of it, why would someone with small amount or fraction of bitcoin hold it more than alts? i don't mean to advertise any alts but mathematically speaking profits will be better if you get a hundred percent gain when a coin of small value pumps.
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katak mercat
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January 25, 2018, 09:45:10 PM |
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now many altcoin, sprung up between it all there must be in the place of investing other than bitcoin, all also have the same opportunity as bitcoin all promising profit
but why do more choose bitcoin as the place they invest?
I have to say the turth, bitcoin has a great reputation over altcoin, investing in bitcoin is more desirable because of its growing price to date, that alone is enough reason why people choose investing in bitcoin than of altcoin
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markint
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January 25, 2018, 10:17:37 PM |
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now many altcoin, sprung up between it all there must be in the place of investing other than bitcoin, all also have the same opportunity as bitcoin all promising profit
but why do more choose bitcoin as the place they invest?
I think it's a purely psychological issue, because in my opinion bitcoin no longer meets the minimum requirements to be considered a really practical and usable cryptocurrency, and even its great volatility makes it unreliable as a store of value, which is why it gives me the impression that at this time people still buy it more as a collectible item for purely speculative purposes than as a really useful asset.
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Kiweikoo
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January 28, 2018, 12:06:53 PM |
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now many altcoin, sprung up between it all there must be in the place of investing other than bitcoin, all also have the same opportunity as bitcoin all promising profit
but why do more choose bitcoin as the place they invest?
Because Bitcoin is first decentralized cryptocurrency in the world. With the help of Bitcoin people earn huge amount of money. Bitcoin is more secure and trustable than any other alt coins. Bitcoin makes peoples dream come true. And one more important thing is Bitcoin are more profitable than any other alt coin. That's why most of the people invested in Bitcoin.
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Jaemouns
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January 28, 2018, 12:59:32 PM |
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now many altcoin, sprung up between it all there must be in the place of investing other than bitcoin, all also have the same opportunity as bitcoin all promising profit
but why do more choose bitcoin as the place they invest?
We really choose bitcoin because as what we can see that bitcoin is the number one and the most highly value price which dominant for all cryptocurrency.Bitcoin value can make people eager to earn it's because it is not so easy to get bicoin.We should be keep on effort and hardwork so that we can gained bitcoin and a possible to have an whealthier elite.
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DonFacundo
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January 28, 2018, 01:30:36 PM |
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of course bitcoin is very popular that's why they choose bitcoin to invest they think it will increase more because of the popularity of bitcoin. Bitcoin is very volatile so its good for short trade in bitcoin.
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brightLIFE
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January 28, 2018, 01:42:46 PM |
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Because people see a lots of benefits with bitcoin especially people see a potential on bitcoin. Bitcoin became popular since bitcoin made a lot of millionaire today. I think people become more interested with bitcoin because of the price on it. My friend tell me that it is only $100 before and if I have only time machine I will going back in that day and buy more and more bitcoin and sell it at $50,000 each soon. So I am one the millionaire. We should invest in bitcoin because it will going to explode more in the coming future for a better economy and better life.
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EWI121
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January 28, 2018, 01:47:40 PM |
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As most have said here Bitcoin is the most well known cryptocurrency. This is a big factor towards investment. Far more people have heard about Bitcoin than say Litecoin. For those just starting out in cryptocurrencies Bitcoin is also probably the easiest to invest in.
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