DashingAgent (OP)
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December 19, 2020, 03:24:38 PM |
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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.
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Consider Donations: BTC 17ox7CoDkfwM9bpTXvnhH1YJAy1Cproa7D - Has any whale the power to donate a penny by considering 1000BTC=$1? (Consider "penny") ETH:: 0xa0ad5e0e8fc86a8440992ad57b201fadefbaf595 (Not for whales, but for crypto lovers to donate me eth or tokens)
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mk4
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December 19, 2020, 04:33:59 PM |
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You do realize that altcoins pretty much just mostly follow bitcoin's price, right? Literally 2 minutes of research(pretty much just comparing charts) should be enough for you to realize that.
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bekti3
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December 19, 2020, 04:36:56 PM |
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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.
too easy or too much hype. maybe you mean exactly that it's too expensive ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) regardless of your point of view, bitcoin or altcoin is up to you. because you manage your own finances. all of them have the risk of either investing in bitcoin or in altcoin. But, if you are just trapped and traumatized by the risk, then how long will you start. buy at your own pace, altcoins are also great if you can pick which one has the potential for fast volume. It depends on you trading using a long or short term strategy.
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hatshepsut93
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December 19, 2020, 05:12:46 PM |
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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.
Altcoins are an order of magnitude more volatile, they are much more hyped in a sense that there's nothing backing their value - no adoption, no real development, no existing features. Altcoins hitting new highs is nothing remarkable, they just follow Bitcoin, except they perform worse than Bitcoin, as you can see in their declining Bitcoin price. If/when Bitcoin crashes, alts will crash even harder, so alts are anything but safe.
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Imran232
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December 19, 2020, 05:20:47 PM |
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I wish you will get a best success from your decision. Because its your money your choice where you should have to. What should you need from where you can get your profit. You have to find it and you have stay with your decision with confident. Just remember don't try to follow everyone just try to learn how to research, how to use any research, what we should do after research what we should take necessary step after researching about any project. How can i interact with project, how can i get most benift from my decision all you have to do by know. Remember before starting anything when you want to know about lots of how, where, why, what then you can easily find solution and get a better result. I hope you done your own research with your alts. Hope for the best for your future. All the best.
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bunglor
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December 19, 2020, 05:26:02 PM |
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well it's your investment and if you are so sure about that then it's your choice so far both Bitcoin and altcoins are now raging up too but so far I really think Bitcoin is profitable one. well wish you a good luck on altcoins too as long as you won't regret your decision, keep it up!
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Smartvirus
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December 19, 2020, 05:40:49 PM |
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Staying with altcoins is a decision, your decision and can't be away bad but then, you've got to ensure you pick the right coin with great potentials and it would be of great benefit to realize the fact that, Bitcoin remains the Boss and the growth of other coins depends highly on Bitcoin. Hence, a devaluation on bItcoin would have also be reflected in the altcoins market. It's some worth like a direct relationship. Despite your decision to own or stay focused on altcoins, it might be of great benefit to own a couple of bitcoin as insurance in other not to loose out on the surges that bitcoin experienced because, we've surely not seen the last of it.
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electronicash
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December 19, 2020, 05:52:49 PM |
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its really too early to say that BTC is gong to pop already we haven't seen altcoins beating ts all time high. remember distinctly that LTC s worth more than $300 n the last bullrun so we are not there yet. altcoins would have to beat ts all time high as well before you start worrying when it will pop. but like they are saying the cryptocurrency space today s very different than what it was back 2017 due to the adoption.
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hridoyb
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December 19, 2020, 05:53:36 PM |
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Bitcoin price pump or dump but I think it cannot be zero or scam. On the other hand, Most altcoin down so huge and some are scams or valueless.But if you pick the right time and coin hope you can change life. After 2017 maximum project scam or price dumping and investors don't want to invest money on the project. Every altcoin price or market depends on bitcoin price that means the crypto market depends on bitcoin price ir news.
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wxa7115
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December 19, 2020, 05:56:14 PM |
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You do realize that altcoins pretty much just mostly follow bitcoin's price, right? Literally 2 minutes of research(pretty much just comparing charts) should be enough for you to realize that.
Two long and exhausting minutes of research are necessary to get that level of insight? Do you mean that traders actually have to make an effort to understand the markets before they invest all their live savings in it? This is not possible, my head is going to explode. End of sarcasm. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Anyway you are right, however most people simply do not want to make any effort, the OP claims that bitcoin is too volatile when we could easily find a lot of altcoins showing even more volatility than bitcoin at the moment and we know as a fact that there is a very high degree of correlation between bitcoin and the altcoin market.
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Renampun
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December 19, 2020, 06:07:21 PM |
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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.
waiting for the altcoin season will be better... Bitcoin has already passed the previous ATH *20k, really risky for those who just want to get into Bitcoin at this time because we don't know when the market correction will occur. you can take advantage of the current moment, there are still many Altcoins that have not touched ATH anymore such as BCH, ETH, DASH and etc.
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Coin_trader
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December 19, 2020, 06:11:56 PM |
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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.
waiting for the altcoin season will be better... Bitcoin has already passed the previous ATH *20k, really risky for those who just want to get into Bitcoin at this time because we don't know when the market correction will occur. you can take advantage of the current moment, there are still many Altcoins that have not touched ATH anymore such as BCH, ETH, DASH and etc. This is actually what the real content of your quoted post from OP. You just rephrase it and elaborate. Although both of you have a point regarding waiting for Altcoin season. It will be more painful if the trend of BTC continue because BTC dominance will increase which means altcoins will dump more. BTC just recently broke the historical resistance of 20K USD which means there is no known resistance so far.
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TopTort777
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December 19, 2020, 06:51:49 PM |
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Staying in altcoins will be the thing you regret doing for a long time. Why do you think altcoins will update their highs? Because you think alt season will start? Or you thing something will trigger the growth? Bitcoins growth can be triggered with news and announcements in the World, altcoins cant. And what if the growth wont start and everything goes down? Bitcoin has a greater support than altcoins. If everything starts to fall, altcoins will fall deeper.
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ReiMomo
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December 19, 2020, 09:28:21 PM |
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I am not investing in Bitcoin, I am staying with Altcoins
I guess you may regret this decision, bitcoin has more potential than altcoin when it comes to gaining profit. Yes, the volatile nature of bitcoin will make you become profited when there are a pump and dump, and buy when the price is a dump and sell when the price is up. That's how you can ride the volatility of bitcoin prices. Okay, tell me, which altcoins that you are planning to invest in, I guess there is also a good altcoin but not good as in bitcoin. Remember that all altcoin's prices relied on the price of the bitcoin.
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meser#
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December 19, 2020, 09:37:18 PM |
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There is no escape from volatile price changing even on local fiat currency. The rate of inflation will melt your money's value. Bitcoin and altcoins all of them are not fully trustable from this perspective. But I choose bitcoin and Ethereum instead of other coins. Because taking signals from them is easier than others.
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decodx
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December 19, 2020, 09:52:39 PM |
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Why I am choosing altcoins is because bitcoin is now too much volatile ...
Basically, I stopped reading after your first sentence. So you think bitcoin is too volatile so you decided to invest in altcoins? LOL! What a joke! Please stop, I can only smile so long before I wet myself. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Oilacris
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December 19, 2020, 09:58:43 PM |
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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.
Safest option? Dont know on where you do get this kind of idea but it doesnt really fit out that criteria and always think that altcoin markets price do correlate sometimes with bitcoins price movement. You are saying that bitcoins price is volatile then it wont really be much of an issue if you are just a long term hodler and even if you are an active ones then volatility will be your best buddy on making profits. It doesnt matter though on where you do stay up because its our money to spend off in investment.As long you do make profits then stick to it.
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tbct_mt2
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December 20, 2020, 04:38:03 AM |
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Why I am choosing altcoins is because bitcoin is now too much volatile and there is too much hype regarding Bitcoin
All are wrong. Bitcoin is less volatile than altcoins and if you are saying there is less hype for altcoins, you are wrong too. The DeFi hype in this year is for altcoins. DeFi tokens as YFI token hit its all time high at $43967 on BinanceAltcoins 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.
Top altcoins recovered in USDT price but not yet recover in BTC pairs. You can wait for their recoveries in BTC pairs next year when the crypto market will be crazy with bitcoin bull and altcoins will be hyped to join the party. You need to reduce risks by focusing your capital in top altcoins. For new altcoins, they can be scam coins.
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cryptozanga
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December 20, 2020, 04:56:13 AM |
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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 believe that the problem is the price, it is no longer profitable to buy Bitcoin for those who know the currency from 2017 onwards, it is a reality that must be assumed, with respect to Altcoins, it is necessary to see which ones will triumph, and thats the difficult thing.
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maydna
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December 20, 2020, 06:22:47 AM |
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No problem if you invest in altcoin because you can make a profit in bitcoin, especially if your altcoin lists can increase so high. It is almost the same if you can profit from bitcoin because you can sell your bitcoin when bitcoin grows or hold it for another high price. But it is better to invest in the potential altcoin, and I guess you know what that altcoin is. After the bitcoin price increases, I think that will be the time for most altcoins to increase, and if you have many amounts of that altcoin, your profit in bitcoin will be bigger.
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