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Author Topic: I am not investing in Bitcoin, I am staying with Altcoins  (Read 1428 times)
CryptoLing
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December 20, 2020, 06:53:39 AM
 #21

Wait, did you just say Bitcoin is too volatile? at the current price? bruh...

If the "bubble" burst, alts will bleed harder than Bitcoin.
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December 20, 2020, 09:30:46 AM
 #22

I have different perspective with you, in fact between bitcoin and altcoin (just in the top rank) have the same characteristin in the movement price. Most altcoin price which I'm analyzing will just move rely on bitcoin price movement.

As you can see, two days ago almost altcoin price were increasing because bitcoin had been able to passed the $20.000 barrier. I haven't seen an altcoin that increasing a lot and even reach its new all time high when bitcoin is not increase. Just wondering, as your perspective which altcoin that is promising to be choose as an investment instead of bitcoin? which altcoins are not as volatile as bitcoin?
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December 20, 2020, 12:04:35 PM
 #23

Which crypto is not getting hyped? I am just hoping you will not come here to tell us a story how you lose your money buying altcoin. It could have been better if you list some of the altcoin you are interested in buying here so that you can get different view about your prospective portfolio. During the bull run in 2017, alot of altcoin also rise as investors also throw money to buy many of this altcoin. When the bitcoin price fell below 10k, all the altcoin was bleeding. Today bitcoin has set another ATH but most of the altcoin that witness price drop have never reach their ATH when bitcoin is already setting another ATH. If you bought many of this altcoin then you will understand my point. Unless you are interested in altcoin such as ETH, I cannot vouch for you that many altcoin will also bullish
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December 20, 2020, 12:25:41 PM
 #24

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,
You cannot buy bitcoin or even sats eh? Is this the reason why you have this in your signature?
"Consider Donations: BTC 17ox7CoDkfwM9bpTXvnhH1YJAy1Cproa7D - Has any whale the power to donate a penny by considering 1000BTC=$1? (Consider "penny")"

Only stable coins are less volatile than bitcoin. Buy them and hold them forever.
Why don't you share to us your altcoins and let's dissect all the marketing strategies done by the team to hype and lure investors Wink

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December 20, 2020, 01:01:47 PM
 #25

In my opinion, altcoins are much more volatile than bitcoin.
Although because they are volatile in themselves because they are cryptocurrencies, the second reason is the dependence of the price on bitcoin, which adds volatility to altcoins.
So you have two problems with altcoins instead of one with bitcoin.

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December 20, 2020, 01:47:27 PM
 #26

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.
What are altcoins without Bitcoin?, the altcoins you are staying with are the same with Bitcoin in term of volatility,for your information altcoins are most volatile in nature but you choose to say that of Bitcoin without considering altcoins. Bitcoin stability in price sometimes give chance to altcoins to make positive move but except those pump and dump altcoins that are more risky than any other investment around the industry.

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December 20, 2020, 03:18:37 PM
 #27

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.

If you believe positively that Bitcoin will increase more in the future, you won't look its price at the present time now instead you will buy it at most of the time without a doubt. However, if you feel a doubt even a bit of it, don't waste your time buying it. But, since that Bitcoin was expensive literally altcoins is the only best options for us to earn in some other way into bitcoin of course.

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December 20, 2020, 03:22:51 PM
 #28

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.

If you believe positively that Bitcoin will increase more in the future, you won't look its price at the present time now instead you will buy it at most of the time without a doubt. However, if you feel a doubt even a bit of it, don't waste your time buying it. But, since that Bitcoin was expensive literally altcoins is the only best options for us to earn in some other way into bitcoin of course.
I am going for his favor just because of price of bitcoin because now its very expensive and every person cannot afford this and we have some very good altcoins those are affordable and have some good value as well but if talking about volatile of price then I am fear from altcoins instead of bitcoin because altcoins are more volatile then bitcoin they can give more lost so just use your own search and try to have this all which is in your reach.

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December 20, 2020, 03:28:32 PM
 #29

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'm pretty sure you know that Altcoins are just following Bitcoin right? so if Bitcoin's bubble explodes and so the Alts, unless they are stable which I think investing in the stable coin wouldn't get you anything. Besides, I don't think that investing in altcoins is the safest option, I mean yeah there are good alts to invest in like ETH but if you pertain to a random alts in the market then I don't think so. Moreover, to be truth altcoins are more volatile than Bitcoin which is why they are much riskier compared to it.



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December 20, 2020, 06:05:40 PM
 #30

I believe you have reason for saying that you are not going to invest in Bitcoin now, maybe due to the present volatity of it. But I think this is the best time to invest massively in BTC and watch it closely. I can assure you that you are going to take profit in coming month. Imagine if you invest  in BTC a month ago, whose price was around $18,000, you would have made additional $5,000 plus right now. Think about it, if you invest 100BTC, you will be talking about 100*5,000=$500,000 dollars now. In less than 2 months.

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December 21, 2020, 09:10:29 AM
 #31

Isn't it the other way round for altcoins than bitcoin?

If that's the case that you're worrying about the bubble burst for bitcoin, it's your analysis to the market but I don't see that it will happen the soonest. Investing in altcoin is riskier than what you can ever think of bitcoin. You're thinking that investing in bitcoin is risky but once it corrects, it will recover quickly.

In altcoins, once it dumps, you barely see it recover but if that's your decision. Good luck.

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LimLims
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December 21, 2020, 09:43:15 AM
 #32

That’s a wise decision tbh.
But who knows when a wise man may become foolish?
Yeah it’s no doubt that the price of the coin is touching the sky right now but still people have hope that the price will rise and for that they reason they are still buying the Holy Coin.
Moreover and due to these activities the price of the coin is increasing in a rocket speed.
So if you don’t want to Gamble with high risk while trading then it’s better to stick with the altcoins and be on safer side.
Else there is always an option to try your fortune.
Hope you understand this OP.

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Davian144
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December 21, 2020, 09:44:30 AM
 #33

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.
That means you choose Altcoins only for security options, so do you think that Altcoins will not fall again in the future? because for now I see there are some people who sell Altcoins in order to be able to buy Bitcoin and get profit through Bitcoin, is something like that not good?
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December 21, 2020, 10:31:26 AM
 #34

Well, that is your decision if you want to stay with altcoin than bitcoin. But you should wait for the unknown time to sell your altcoin because we do not know when altcoin price will increase. But I believe that the altcoin time will come soon, and if you have many potential altcoins, I am sure that you will make a profit in bitcoin or usdt. Take your time before you prepare your altcoin, and do not forget always to check the market and use your alarm to sound in your target price.



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bayu7adi
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December 21, 2020, 11:55:38 AM
 #35

That means you choose Altcoins only for security options, so do you think that Altcoins will not fall again in the future? because for now I see there are some people who sell Altcoins in order to be able to buy Bitcoin and get profit through Bitcoin, is something like that not good?

Altcoins (in general) are always bloodier than Bitcoin when there is a big crash. And Bitcoin always goes higher when market conditions are improving and green. One of the reasons to keep holding on to one of the altcoins is that we have to know what strategy the related project is implementing, so that we get a future view of the potential of one of these altcoins.

I prefer to take the leap between the two to maximize profits. And one more thing, the only altcoins that have a more stable price than Bitcoin are stablecoins
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December 21, 2020, 12:41:24 PM
 #36

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.

That's only if you picked up the right altcoins and you are patient enough, at the moment Bitcoin dominance is increasing which means there's way more interest in buying Bitcoin even though it has a huge increase lately without any considerable price correction.

So I think still buying Bitcoin in short-term is a better idea, since if Bitcoin goes down then altcoins will have a decrease not only in USD value but they lose satoshi value as well, in other words they will lose way more USD than Bitcoin on a downtrend, so if you're in bitcoin and it is going for a correction you can still lose less percentage of USD and at the same time you can catch those nice dips on BTC pairs.
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December 21, 2020, 02:06:47 PM
 #37

I had high hopes for BNB but at this point the money flowed into Bitcoin
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December 21, 2020, 02:12:34 PM
 #38

i know hypes are a bad thing but i can give an exception to btc . anything positive happening to btc is not bad . it is hyped now and its volatile , that two are verry useful for money making .

why dont you use that as your advantage to profit huh mate ? .

second question is why you are confidently sure that alts will recover and go up but btc will pop and go down ? okay why not say this . altcoins that are (name ) will recover and increase and btc will dump at this ( value ) . try to be specific Smiley
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December 21, 2020, 02:21:12 PM
 #39

Altcoins (in general) are always bloodier than Bitcoin when there is a big crash. And Bitcoin always goes higher when market conditions are improving and green. One of the reasons to keep holding on to one of the altcoins is that we have to know what strategy the related project is implementing, so that we get a future view of the potential of one of these altcoins.

I prefer to take the leap between the two to maximize profits. And one more thing, the only altcoins that have a more stable price than Bitcoin are stablecoins
True, Bitcoin's jump is always higher when compared to Altcoins that are not stablecoins, because if a token is stable it is clear that the price will always last, it is clear according to its name and category, but for Altcoins that are not from this category it will always be destroyed when Bitcoin is experiencing a decline in price, actually this is just the effect of every trend and market condition.
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December 21, 2020, 02:29:17 PM
 #40

Wait, did you just say Bitcoin is too volatile? at the current price? bruh...
If the "bubble" burst, alts will bleed harder than Bitcoin.
That's what OP don't understand about this industry, Bitcoin price always determine the price of the altcoins except those that are affiliated with pump and dump groups projects. Frankly, the volatility of Bitcoin from the beginning of this year was normal becasue it price was good as stable but this recent bullish made many thing about Bitcoin to make as usual a dump (correction): investment into Bitcoin now could be a potential danger than the altcoins, but they're all the same as the fall of Bitcoin give the fall of altcoins.

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