WhatsOnPic_PR (OP)
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August 02, 2018, 01:39:55 AM |
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What are your arguments in favor of altcoins?
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crowdfarmx
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August 02, 2018, 01:41:56 AM |
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What are your arguments in favor of altcoins?
Both should be adopted en masse and complete each other, in my opinion. Because bitcoin has a huge network effect which will usher massive adoption but altcoins has features that bitcoin don't have |
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xysheeh03
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August 02, 2018, 01:44:02 AM |
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Altcoins because you can invest in it for your few money. Unlike bitcoin, you should have atleast 1btc to invest and grab a big profit.
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WhatsOnPic_PR (OP)
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August 02, 2018, 01:44:35 AM |
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What are your arguments in favor of altcoins?
Both should be adopted en masse and complete each other, in my opinion. Because bitcoin has a huge network effect which will usher massive adoption but altcoins has features that bitcoin don't have Which features make altcoins better than bitcoin? |
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Crown1
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August 02, 2018, 01:47:27 AM |
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I think it's just because ALT is more volatile, that's why most people invest in ALT.
Most people are just speculators, so they invest in ALT in order to make more profit.
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WhatsOnPic_PR (OP)
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August 02, 2018, 01:49:44 AM |
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Altcoins because you can invest in it for your few money. Unlike bitcoin, you should have atleast 1btc to invest and grab a big profit.
Though you can invest few money in altcoins, bitcoin adopters believe that it is more profitable, reliable and altcoins have more risks and don't have big growth potential. What do you think about this opinion? |
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WhatsOnPic_PR (OP)
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August 02, 2018, 01:51:05 AM |
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I think it's just because ALT is more volatile, that's why most people invest in ALT.
Most people are just speculators, so they invest in ALT in order to make more profit.
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MinerHQ
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August 02, 2018, 01:52:06 AM |
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Altcoins because you can invest in it for your few money. Unlike bitcoin, you should have atleast 1btc to invest and grab a big profit.
Your profit is calculated based on percentage so whether coin price is high or low your percentage profit matters in investment. You can buy bitcoin also with your small amount but you will get a small amount of Santoshi but profit percentage will be same for big amount investors and small amount investors as well. I prefer to start my crypto investment with bitcoin and slowly can move to altcoins because bitcoin is more stable compared to altcoins. What I know is many investors think that altcoins may give good profit they forget that they can even lose their investment even faster as well if a project doesn't go as per plan. |
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Nanda Dewi277
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August 02, 2018, 01:53:20 AM |
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Altcoins because you can invest in it for your few money. Unlike bitcoin, you should have atleast 1btc to invest and grab a big profit.
investing in bitcoin does not have to be a large amount, you can start with the capital you have. bitcoin is very good as an investment place because bitcoin has a high value among altcoins. there is a good place why you should be confused in the investment ?. do not get the wrong choosing altcoin to make an investment place my advice you can also invest in coin ETH. |
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hataka
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August 02, 2018, 01:54:54 AM |
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It's about profit, BTC can't increase 200% in 1 month like many other altcoins
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The_prodigy
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August 02, 2018, 01:55:34 AM |
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Altcoins because you can invest in it for your few money. Unlike bitcoin, you should have atleast 1btc to invest and grab a big profit.
investing in bitcoin does not have to be a large amount, you can start with the capital you have. bitcoin is very good as an investment place because bitcoin has a high value among altcoins. there is a good place why you should be confused in the investment ?. do not get the wrong choosing altcoin to make an investment place my advice you can also invest in coin ETH. it is depend in you. some people want to invest in bitcoin becayse we know how much bitcoin expensive and if the prise is rise, it is very big so you will have a big profit. unlike in the alternative coin. but the advantage of the alternative coin it is more stable than the bitcoin that's why many of the investors are using it too. |
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jamids
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August 02, 2018, 01:57:09 AM |
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What are your arguments in favor of altcoins?
Bitcoin has already a large amount so the percentage of profit you can get from it would be lower compared to having altcoins which has a chance of growing in terms of percentage but still depending on the market capitalization. Some would just buy more altcoins and then later on exchange it to bitcoin. The disadvantage you have with altcoins is that when it dumps, the percentage drop is bigger as well compared to bitcoin that's why it is a high risk, high reward trading when you decide to trade or invest in altcoins. |
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WhatsOnPic_PR (OP)
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August 02, 2018, 01:58:53 AM |
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It's about profit, BTC can't increase 200% in 1 month like many other altcoins
So you think that people who invest in altcoins just want to get quick profit and they are not much interested in the development and growth of the project that offers these altcoins? |
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WhatsOnPic_PR (OP)
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August 02, 2018, 02:01:27 AM |
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Altcoins because you can invest in it for your few money. Unlike bitcoin, you should have atleast 1btc to invest and grab a big profit.
investing in bitcoin does not have to be a large amount, you can start with the capital you have. bitcoin is very good as an investment place because bitcoin has a high value among altcoins. there is a good place why you should be confused in the investment ?. do not get the wrong choosing altcoin to make an investment place my advice you can also invest in coin ETH. it is depend in you. some people want to invest in bitcoin becayse we know how much bitcoin expensive and if the prise is rise, it is very big so you will have a big profit. unlike in the alternative coin. but the advantage of the alternative coin it is more stable than the bitcoin that's why many of the investors are using it too. why do you say that altcoins are more stable than bitcoin? Can you give an example of any stable altcoin? |
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WhatsOnPic_PR (OP)
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August 02, 2018, 09:00:25 PM |
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What are your arguments in favor of altcoins?
Bitcoin has already a large amount so the percentage of profit you can get from it would be lower compared to having altcoins which has a chance of growing in terms of percentage but still depending on the market capitalization. Some would just buy more altcoins and then later on exchange it to bitcoin. The disadvantage you have with altcoins is that when it dumps, the percentage drop is bigger as well compared to bitcoin that's why it is a high risk, high reward trading when you decide to trade or invest in altcoins. Yes, you're right. Do you believe that some altcoins can become more stable and profitable than bitcoins? |
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PurpleNights
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August 04, 2018, 10:48:25 AM |
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There are so many people who would rather invest in altcoins than in bitcoin. We have seen a lot of persons say they want to trade off their bitcoins for altcoins. Even though I would rather not do that, I do not think it is such a bad thing to do. It is cheaper to get altcoins and that might be one of the reasons why many will choose it over btc because they believe that that way, they might get more profits.
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Sebas.tian
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August 04, 2018, 10:54:10 AM |
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Some people who missed the growth of bitcoin (since 2008-2009) hopes that it will happen again in some of the many altcoins in the market. This is why many investors try their luck in the altcoins. This is not a bad move, just incredibly risky...but in retrospect, bitcoin investors several years ago undergone same risks.
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kramchers
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August 04, 2018, 10:56:10 AM |
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What are your arguments in favor of altcoins?
Why not both? holding some of your source with bitcoin and some will get altcoins. never put all your fruits in one basket. make sure to have some on other basket just to make sure. Like Fiat we never put all of our money in our pockets and wallet. some of them are in bank. |
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Hastur3333
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August 04, 2018, 11:01:46 AM |
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first of all, I think both Altcoins and Bitcoin should flourish and supplement eachother, Bitcoin has stability and scale, whilst Altcoins have flexibility and can try new things altcoins can implement new features wayy faster, easier and just more efficiently than Bitcoin.
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akosipepot
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August 04, 2018, 11:04:02 AM |
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I think it's just because ALT is more volatile, that's why most people invest in ALT.
Most people are just speculators, so they invest in ALT in order to make more profit.
I agree with what's said above. The only reason I can think of as to why people would prefer altcoins over Bitcoin is the short -term earning potential due to the incredible market volatility. |
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