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Author Topic: I am not investing in Bitcoin, I am staying with Altcoins  (Read 1428 times)
Sanitough
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July 23, 2021, 05:19:23 PM
 #181

Just let them be and its their money to burn not ours even though investing on top coins like bitcoin and some top alts is more worth but there are still people who do really love to face risk
and rather play with fire with those non so popular coins but its really a gamble if i were to say but we cant deny that there would be chances to make big profits if the said project would
really able to fly but those only good for short term but there are people who do really love to play with fire to earn money and its their choice.
Its just how people would able to accept risks.

Exactly. If people want to part with their money,,, we should let them.

I know it is cruel and sad to think like this but on the other hand,,, if you spent time convincing them, they would never be convinced unless you are a kid on TikTok telling them shitcoins are bad,,, which of course Tiktok kids are not doing:)

Better they speculate on alts and dump them, proving Bitcoin stronger with every dump.

As an investor, we have our own choice on how to manage our funds, and if one decided to invest on altcoins than in bitcoin, I say it's not wrong, they just realize and they feel that they'll be more profitable investing in altcoins than in bitcoin. In fact, they are right if they think that way because there are altcoins that has a huge increase during the bull run this year while bitcoin only increase less than 10x from its cheapest price in 2019.
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July 23, 2021, 06:03:58 PM
 #182

I am not investing in Bitcoin, I am staying with Altcoins

Why I am choosing altcoins is because bitcoin is now too much volatile and there is too much hype regarding Bitcoin, Altcoins will be recovered soon and will be hitting to new highs, but in case of Bitcoin, We are not sure that when this bubble explodes. Since we are not sure, investment in altcoin is only the safest option.

I don't blame you for investing in altcoin, because indeed for now altcoin can also give you profit, but in my opinion altcoin are certainly not safer than Bitcoin, because I believe that Bitcoin is still a safer investment than altcoin until whenever and there are still many people who believe to investing in Bitcoin rather than altcoin until now (it can be seen from the market cap of Bitcoin which is around 45%), then from that I don't agree if you say altcoin are safer than Bitcoin, because Bitcoin will still be ranked 1 on coinmarketcap forever.
Agree, bitcoin can dance too many different dances but altcoins are no exception, all are standing on the same dance floor, when the song is broadcast, altcoins are also forced to copy bitcoin's dance moves, they hold too low stakes while bitcoin holds the majority. Investing in altcoins is similar to looking at bitcoin's face, a happy expression will be the dawn but a gloomy expression will be thunderous fury, staying with altcoins is also just greedy for profits, talking about safety, needs a lot of parameters about past market data

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July 23, 2021, 06:16:42 PM
 #183

The decisions is all yours, You can choose altcoin or bitcoin etc., and no one will stop you. In crypto we have different sight and different strategy if you saw that there is an advantage on investing in altcoins then be it grab it for good because at the end you will be the one to earn or suffer if you do right or wrong decision.
Someone who says that he would go full altcoins, let them do what they want.

We've said enough that it's better to have bitcoin as we also hold altcoins. Having no bitcoin on your portfolio will make it like it's not safe for most of the possible dump that can ever happen.

He should've realized soon that alts are very volatile.
Just let them be and its their money to burn not ours even though investing on top coins like bitcoin and some top alts is more worth but there are still people who do really love to face risk
and rather play with fire with those non so popular coins but its really a gamble if i were to say but we cant deny that there would be chances to make big profits if the said project would
really able to fly but those only good for short term but there are people who do really love to play with fire to earn money and its their choice.
Its just how people would able to accept risks.
They might have find their luck with those choices. But we've given them an opinion on what path should they take and what build up for their portfolio must be.

But if they're really choosing to go all in with alts, that's them and we cannot alter what they've decided to do. Let's just wish them the best and they can always choose to invest in bitcoin and add it to their portfolios.

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July 23, 2021, 10:53:28 PM
 #184

I am not investing in Bitcoin, I am staying with Altcoins

Why I am choosing altcoins is because bitcoin is now too much volatile and there is too much hype regarding Bitcoin, Altcoins will be recovered soon and will be hitting to new highs, but in case of Bitcoin, We are not sure that when this bubble explodes. Since we are not sure, investment in altcoin is only the safest option.

But I think bitcoin have its own advantage compare to altcoins. Bitcoin is the first cryptocurrency and it become one of the superiority value among all coins including altcoin. Also in my opinion, the volatility of bitcoin is as much as the altcoins, because it is so usual in the market that the price of altcoins is following the price of bitcoin. If the price of bitcoin is increasing, alts will follow it and the market will start to bullish.

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July 25, 2021, 05:52:15 AM
 #185

-snip-

But I think bitcoin have its own advantage compare to altcoins. Bitcoin is the first cryptocurrency and it become one of the superiority value among all coins including altcoin. Also in my opinion, the volatility of bitcoin is as much as the altcoins, because it is so usual in the market that the price of altcoins is following the price of bitcoin. If the price of bitcoin is increasing, alts will follow it and the market will start to bullish.
if we compare clearly I agree with what you said that bitcoin has the advantage of all existing altcoins, because it can also be seen that the movement of altcoins all depends on what bitcoin is doing, whether it goes down or up. when bitcoin is experiencing a deep correction then all altcoins also experience it, which indicates that is the influence of bitcoin.

but it's not that there aren't any good altcoins, there are still a lot of good altcoins that can be seen from the ranking on coinmarketcap/coingecko because the market cap is also pretty good.
so it's not wrong if you can't invest in bitcoin, you can change to a good altcoin, by analyzing it first.

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July 25, 2021, 05:17:32 PM
 #186

I am not investing in Bitcoin, I am staying with Altcoins

Why I am choosing altcoins is because bitcoin is now too much volatile and there is too much hype regarding Bitcoin, Altcoins will be recovered soon and will be hitting to new highs, but in case of Bitcoin, We are not sure that when this bubble explodes. Since we are not sure, investment in altcoin is only the safest option.

But I think bitcoin have its own advantage compare to altcoins. Bitcoin is the first cryptocurrency and it become one of the superiority value among all coins including altcoin. Also in my opinion, the volatility of bitcoin is as much as the altcoins, because it is so usual in the market that the price of altcoins is following the price of bitcoin. If the price of bitcoin is increasing, alts will follow it and the market will start to bullish.

Btc advantage over alts is the fact that btc is highly trusted and mostly accepted in almost all part of the world,  btc has big names invested in it because they trust it unlike alts that are highly risky yet highly profitable too, between btc and alts, the latter will give more profit when you put your funds in a sound project, once you are lucky to invest in a good alts project,  it gives more profit than putting same amount on btc, I guess this is part of the reason why op is investing in alts instead of btc.

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July 25, 2021, 06:35:03 PM
 #187

in fact I think it is the opposite, altcoins are more volatile than bitcoin, bitcoin prices are more stable than altcoins, especially when there is a bearish market, because as we all know that altcoins prices always follow the bitcoin price
It is true that altcoins are more volatile than bitcoin.

You get to see bitcoin's price move from time to time but it recovers after it's moved side ways. But for many altcoins, after going to a few pumps, some don't recover immediately.

And worse is that they don't recover anymore.

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July 25, 2021, 06:43:00 PM
 #188

By starting with the hype aspect, hype is not limited to a particular coin, it revolves around all coins in the crypto market, although some gets it more than others, or the attention or hype might revolve around a particular coin longer than others. Then for the volatility aspect, all coins in the crypto market are volatile, hence the reason why the saying "the crypto market is highly volatile" that is to say, it is not limited to a particular coin nor is it higher in a particular coin than others. But however, when one talks about security of investment that's when most coins will stand out from others, with the first been Bitcoin, reason being that it is the only decentralized and most secure coin.
On the other hand, investing in most altcoins is great such as Ethereum, Binance Coin and so on, these coins are also good and one can hold for long term, but same can't be said of many others.
However, we are free to make our decisions about coins which we find better than others and so on, but as for me, Bitcoin is actually the best in the same way holding some altcoins is also good.

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July 26, 2021, 10:35:02 AM
 #189

I am not investing in Bitcoin, I am staying with Altcoins

Why I am choosing altcoins is because bitcoin is now too much volatile and there is too much hype regarding Bitcoin, Altcoins will be recovered soon and will be hitting to new highs, but in case of Bitcoin, We are not sure that when this bubble explodes. Since we are not sure, investment in altcoin is only the safest option.
I think you are wrong because most of the altcoin is also very high on volatility, it always depend on the altcoin that you invested, bitcoin is always dominating the market it always goes up and down but altcoin will always follow so in short both bitcoins and altcoins are high on volatility it always matters on selecting and sometimes our profit will depend on our luck.
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July 26, 2021, 11:36:04 AM
 #190

in fact I think it is the opposite, altcoins are more volatile than bitcoin, bitcoin prices are more stable than altcoins, especially when there is a bearish market, because as we all know that altcoins prices always follow the bitcoin price
That's obvious because at this point Altcoins have also started to increase their price again because BTC has started to pump again and I'm sure that BTC will cross $40K again this month.

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July 26, 2021, 05:04:46 PM
 #191

Better they speculate on alts and dump them, proving Bitcoin stronger with every dump.

As an investor, we have our own choice on how to manage our funds, and if one decided to invest on altcoins than in bitcoin, I say it's not wrong, they just realize and they feel that they'll be more profitable investing in altcoins than in bitcoin. In fact, they are right if they think that way because there are altcoins that has a huge increase during the bull run this year while bitcoin only increase less than 10x from its cheapest price in 2019.

Investors and speculators are not necessary the same things. Of course an investor takes the same risk to capital but they take those risks after weighing in on the benefits and then usually they have a long term vision that comes into years of risk.

Speculators we talk about in altcoins are hardly like this. They are in it for quick profits and nothing else. They look at tokenomics and market potential rather than strong fundamentals as investors do.

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SlimShadyMmp
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July 26, 2021, 11:22:45 PM
 #192

When BTC dumps ALTS dumps 2X mate So basically I will suggest you do things carefully or get rekt ALTS can really do 5 to 10X easily but it takes research and finding things out plus is more risky to hold alts than btc Standards and fundamentals are very good things to lookup when investing in alts

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July 27, 2021, 02:33:46 AM
 #193

I am not investing in Bitcoin, I am staying with Altcoins

Why I am choosing altcoins is because bitcoin is now too much volatile and there is too much hype regarding Bitcoin, Altcoins will be recovered soon and will be hitting to new highs, but in case of Bitcoin, We are not sure that when this bubble explodes. Since we are not sure, investment in altcoin is only the safest option.

I do not 100% agree with your opinion. I think bitcoin is volatile but it also the same with Altcoins. The time when bitcoin price is having a dip the alts will follow. In my opinion bitcoin is more well known in the society so it has better advantage than the alts.

carlisle1
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July 27, 2021, 11:49:41 AM
 #194

Better they speculate on alts and dump them, proving Bitcoin stronger with every dump.

As an investor, we have our own choice on how to manage our funds, and if one decided to invest on altcoins than in bitcoin, I say it's not wrong, they just realize and they feel that they'll be more profitable investing in altcoins than in bitcoin. In fact, they are right if they think that way because there are altcoins that has a huge increase during the bull run this year while bitcoin only increase less than 10x from its cheapest price in 2019.

Investors and speculators are not necessary the same things. Of course an investor takes the same risk to capital but they take those risks after weighing in on the benefits and then usually they have a long term vision that comes into years of risk.

Speculators we talk about in altcoins are hardly like this. They are in it for quick profits and nothing else. They look at tokenomics and market potential rather than strong fundamentals as investors do.

More on quick gains than looking for real usages, but there are also investors who believes that the
project that they've holding will give them a huge amount of profits after holding it for certain time.

Long term investors who seek for fundamentals and community support will mostly choose bitcoin than any other alts,
as the popularity already earned more supporters.

either way, it depends from how investors/traders study the market  and follow the development.
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July 27, 2021, 12:32:23 PM
 #195

I sometimes think going long with some new or good old altcoins is far better than just buying Bitcoin. I bought bitcoin right before this bull run started and I only made 2x something. While many altcoins were going around 50x. I sort of regretted my decision.
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July 27, 2021, 08:32:29 PM
 #196

NFT is a very interesting moment in cryptocurrency. Already in 2021, a lot of people are talking about NFT! There is a lot going on in the world and this is a really good time for NFT and for the Deedy Digital project!
Deedy is an NFT platform running on the Binance Smart Chain where users can trade, rent out, view, buy, sell, enter NFT lotteries, support and connect with creators.

Deedy Digital offers a solution for enabling a unified and secure blockchain ecosystem for digital content creation and exchange.

The concept behind what they propose is simple:

- Purchase NFTs via the Deedy Market Place.

- Maintain, support and connect with creators.

- Host auctions for NFTs.

- Enter NFT lotteries.

- Take out loans using NFTs as collateral.

- Join virtual art galleries.

- Create and order NFTs.

- Purchase high-value NFTs created by celebrities and verified artists via the Deedy Launchpad.

- Rent out NFTs.
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July 27, 2021, 11:03:25 PM
 #197

In investing of course we have a different mission, then in this case we have to do our own survey so that there is no doubt in choosing a coin, if we have large assets of course bitcoin is the number one choice, and we also have to choose some potential altcoins because that's where the profit is easier for us to get, then in this case we have a different mission.
we have different mission in which project we will invest to , but we have same goal why investing in cryptocurrency market . profits was be our goal why involved in this market and all of agree this is the main reason , but to achieve this maybe our strategy maybe different each other. Some investors prefer bitcoin as main assets but for other they prefer altcoin as portofolio. No one wrong their decision as long as could manage the risk.

it's your choice. altcoins are also good for investment, right now i also have a small deposit of altcoins but good altcoins are those in the top 10 coinmarketcap. don't bet your assets on junk altcoins that have no positive value and have a profit
i am agree we should not speculate to project that have no usage for their token it will waste our time and money. But research in new project was needed to find hidden gem because this gem will give us multiply profits only in short periode.
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July 27, 2021, 11:30:14 PM
 #198

In investing of course we have a different mission, then in this case we have to do our own survey so that there is no doubt in choosing a coin, if we have large assets of course bitcoin is the number one choice, and we also have to choose some potential altcoins because that's where the profit is easier for us to get, then in this case we have a different mission.
i thinks we have no different mission , we just have different strategy to achieve our goal in this market. Some of them will do research to find potential project but some of them only follow signal or suggesstion from other resource. Bitcoin or altcoin have same risk or profits as long as we could put our position in the right place.If we buy bitcoin at the peak maybe negative float will happen to our position and i am not sure our mental and emotion could handle this. Some people said id easier  but in fact it is not.

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July 28, 2021, 03:43:48 AM
 #199

In investing of course we have a different mission, then in this case we have to do our own survey so that there is no doubt in choosing a coin, if we have large assets of course bitcoin is the number one choice, and we also have to choose some potential altcoins because that's where the profit is easier for us to get, then in this case we have a different mission.
survey and analysis become one of the important points for now. because the most important thing is how we can try to manage finances better so that the current investment choices are the best and not detrimental. so I think this is one way for us to be consistent in investing in bitcoin or altcoins, the most important thing is a good survey and analysis pattern

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July 28, 2021, 03:50:03 AM
 #200

In investing of course we have a different mission, then in this case we have to do our own survey so that there is no doubt in choosing a coin, if we have large assets of course bitcoin is the number one choice, and we also have to choose some potential altcoins because that's where the profit is easier for us to get, then in this case we have a different mission.
i thinks we have no different mission , we just have different strategy to achieve our goal in this market. Some of them will do research to find potential project but some of them only follow signal or suggesstion from other resource. Bitcoin or altcoin have same risk or profits as long as we could put our position in the right place.If we buy bitcoin at the peak maybe negative float will happen to our position and i am not sure our mental and emotion could handle this. Some people said id easier  but in fact it is not.
Yep, everyone will have a different perception and approach to the market, so our goals will not be the same. Just like myself before, when I first joined, I always thought of just buying a coin and just waiting for it to increase in price Smiley . And when we gain knowledge and a broader perspective, it's clear that that thinking is gone, whether it's btc or altcoins, they have the ability to bring us good profits.









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Mars,           
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happen or be a part of it"

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