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Author Topic: I am not investing in Bitcoin, I am staying with Altcoins  (Read 1428 times)
torrantz
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December 26, 2020, 02:26:49 PM
 #81

It's your decision, but for me only Bitcoin is the most stable coin in the market, look at what's happening to Ripple they are charged by SEC they are a centralized coin and altcoin that don't deserve to be in the top 5 and Bitcoin dominance in the market is something that will play a major factor in the market.

I bet XRP won't be in the top 5 for long.
If the price continues to plummet, it will soon fall below Litecoine and most likely below BCH. Even though I personally don't think BCH should be in the top five either. Cheesy

Maybe XRP will worth only a few hundred million dollars MCAP in the future. As already expected by so many people when US exchange site will start to halt XRP service and then this coin will be facing a very difficult situation.
Litecoin or even BCH are better compared with XRP. XRP has no utility. XRP is a useless coin.

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December 26, 2020, 04:14:08 PM
 #82

Lol Volatility will Give you a chance to Earn instantly ,Look when you posted this the Price of Bitcoin is running 21,000-22,000$ but look at it now? 24,800 meaning you may have instant 15% of profit while altcoin?
does your Alts gave you that percentage this soon?

You should have change your Outlook now.
We are near to 26k now which is a new record to bitcoin again, it only proves some predictions that bitcoin will soon reach 30k and I think it is really possible given the chart now it is very bullish, so those people who bought at 21k of they will still hold bitcoin I am sure they are very happy now for the price of bitcoin now, but we should be careful the higher it will go, the lower it will be, soon.

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December 26, 2020, 04:24:18 PM
 #83

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.

Altcoins are obviously good investment choices too; and if you can conduct your proper researches; i can tell that you will make good profits from altcoins. So you have to figure out what type of altcoins, when to invest; how to dyor and also when to take profits; But remember that investment in altcoin or bitcoin are risks. there are no safe options anywhere
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December 27, 2020, 03:06:08 PM
 #84

Interesting, but you know altcoins mostly depends on Bitcoin price. Altcoins is also good for making investment. Literally the cryptocurrency market and trading related with Bitcoin and mostly depends on Btc. Btc is now passing the best time in his history according to the price analysis. New ATH hits everytime. Altcoins will also stable soon.

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December 27, 2020, 08:43:28 PM
 #85

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.

My most investment in Alts. But till the votality of BTC ends, We cant expect a pump of Alts.
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December 27, 2020, 11:43:31 PM
 #86

When we're with plans to profit out of altcoins, we need much more patience than making money out of bitcoin. Same time if we're lucky enough, we'll get very big profit than what is being got through bitcoin. This means there is positive as well as negative part on altcoin investment. Rather than just staying with altcoins, the better choice is to invest on the top altcoins of the Market.

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December 27, 2020, 11:47:15 PM
 #87

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.

I like the enthusiasm, well, maybe if you can wait longer then altcoins season will come, however, don't expect that bitcoin will be destroyed or will dump because altcoins are just too reliant on the progress of bitcoin, if bitcoin fail, the entire market will.

Altcoins will have their time but this year belongs to bitcoin, and non other coins have pump to the moon like bitcoin did this year.


Quote
Since we are not sure, investment in altcoin is only the safest option.
I beg to disagree.

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December 28, 2020, 11:54:26 AM
 #88

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.
It is risky to enter an investment with bitcoin right now but it is riskier to invest in altcoins for me. What if bitcoin suddenly had a big correction and dump? and as we all know and observed most altcoins dump along with bitcoin almost all top altcoins I am pretty sure altcoins will have a hard time pumping if this will happen. Altcoin investment is not the safest option but can be an option. Bitcoin is still the best now.

We have our own reasons why bitcoin isn't our preferred investment right now and i bet one of these reason was its too high value that a new investor will surely dealt with. And in fact staying with altcoins isn't bad as long as the alts that you have choose to invest with has still a value in the crypto market. Where every bitcoin user still believe that bitcoin were still the best, there have some of us that couldn't take the risk to invest in bitcoin and that i guess was totally fine. Hope that someday you can be able to make your investment in bitcoin.
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December 28, 2020, 08:41:24 PM
 #89

If you are not invest in Bitcoin how can you invest? How you compare? When you start trade you need to convert it bitcoin for profite.


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December 28, 2020, 09:26:09 PM
 #90

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.
It is risky to enter an investment with bitcoin right now but it is riskier to invest in altcoins for me. What if bitcoin suddenly had a big correction and dump? and as we all know and observed most altcoins dump along with bitcoin almost all top altcoins I am pretty sure altcoins will have a hard time pumping if this will happen. Altcoin investment is not the safest option but can be an option. Bitcoin is still the best now.

We have our own reasons why bitcoin isn't our preferred investment right now and i bet one of these reason was its too high value that a new investor will surely dealt with. And in fact staying with altcoins isn't bad as long as the alts that you have choose to invest with has still a value in the crypto market. Where every bitcoin user still believe that bitcoin were still the best, there have some of us that couldn't take the risk to invest in bitcoin and that i guess was totally fine. Hope that someday you can be able to make your investment in bitcoin.

personal preferences do really vary. some people are keeping their hands on alts because they believe they can get more profits. which is actually true, if he chooses the right alt. and sometimes, you don't need big initial capital to invest in alts. because if you look at BTC, and say you want to buy 1BTC, of course, it's overwhelming for you especially with the current price in the market. so some really opt for alts, as they can buy alts with low capital investment and see also their profits. but some do prefer to stay with BTC, even if they can only afford a fraction of it. so whatever a crypto user decides with his investment, it is up to him how he will strategise to optimise his profits. no one can really exactly tell you what you need to do in this investment.
at the end of the day, you need to take care of your own business, because no one will...

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December 29, 2020, 04:59:19 PM
 #91

Better move to invest on bitcoin than keep investing with altcoin because many risk happening with altcoin, last happen on Ripple coin after delist on any market exchange but bitcoin impossible can delist. I know bitcoin have higher price and altcoin have lower price then get much profit when investing on altcoi, but how come when your altcoin investment delist on exchange market, look right now happen on ripple from 0.7$ become 0.17$ and keep lower price after not active trade on any exchange market.

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December 29, 2020, 11:29:40 PM
 #92

investing in bitcoin or altcoin for me is the same thing, I have no difference between that,
because bitcoin and altcoin are also part of crypto currency, and of course everything will work,
it's just that you choose the right altcoin? or not

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December 30, 2020, 05:14:22 AM
 #93

investing in bitcoin or altcoin for me is the same thing, I have no difference between that,
because bitcoin and altcoin are also part of crypto currency, and of course everything will work,
it's just that you choose the right altcoin? or not

This is true and correct, just all I can see with the altcoins is good for the people who don't have enough capital to invest into
Bitcoin. But anyway, both can be trade to all exchange platform here in this type of business. However, in choosing altcoins also must
need a review about the coin you are planning to invest in.
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December 30, 2020, 08:39:48 AM
 #94

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.
How i wish that you did not choose XRP over Bitcoin ? because if that's what you did im sure you are wiping your Bloody tears at this moment from the other day.

And upon your complain about Bitcoin Volatility ?look at the market now and tell us who shows the Volatile record.

Bitcoin have not even drops 10% from the whole December while almost all altcoin did has Ups and down trend.
This may serve as lesson for you mate, that never choose any altcoin over Bitcoin ,yeah you can have your alts but always make sure to have Bitcoin in your holdings.

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December 30, 2020, 09:33:54 AM
 #95

investing in bitcoin or altcoin for me is the same thing, I have no difference between that,
because bitcoin and altcoin are also part of crypto currency, and of course everything will work,
it's just that you choose the right altcoin? or not

This is true and correct, just all I can see with the altcoins is good for the people who don't have enough capital to invest into
Bitcoin. But anyway, both can be trade to all exchange platform here in this type of business. However, in choosing altcoins also must
need a review about the coin you are planning to invest in.

The review is always very important to the investors, especially when investing in altcoins, for BitCoin and ETH, BNB invest we shouldn't review because we have already seen their potential in the market and now they are legit projects which we seen their price improvements and price drops in the market.


safe way is usually investing in the top altcoins, like Ethereum, Litecoin, Tron and also Binance,
but now this thinking is wrong, because the top altcoins are also very risky, for example Ripple,
XRP is in the top altcoins and eventually they are rumored to be a scam, and many exchanges will do delisting,
of course this will make the image of the crypto world worse again.

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December 30, 2020, 10:04:19 AM
 #96

investing in bitcoin or altcoin for me is the same thing, I have no difference between that,
because bitcoin and altcoin are also part of crypto currency, and of course everything will work,
it's just that you choose the right altcoin? or not

This is true and correct, just all I can see with the altcoins is good for the people who don't have enough capital to invest into
Bitcoin. But anyway, both can be trade to all exchange platform here in this type of business. However, in choosing altcoins also must
need a review about the coin you are planning to invest in.

The review is always very important to the investors, especially when investing in altcoins, for BitCoin and ETH, BNB invest we shouldn't review because we have already seen their potential in the market and now they are legit projects which we seen their price improvements and price drops in the market.


safe way is usually investing in the top altcoins, like Ethereum, Litecoin, Tron and also Binance,
but now this thinking is wrong, because the top altcoins are also very risky, for example Ripple,
XRP is in the top altcoins and eventually they are rumored to be a scam, and many exchanges will do delisting,
of course this will make the image of the crypto world worse again.

First of all it’s not At all guaranteed that every time this coin will give profit.
Yes this might be a safer and better version but still no one has seen the future right.
And to stay with BTC or altcoins it’s completely depends upon the user itself. Just the user need to have enough guts to bear the losses.
I would still like to invest on BTC rather than Altcoins.

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mardaed
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December 30, 2020, 02:26:11 PM
 #97

If that makes you feel safe then you are free to do it, we have different styles in order to gain a profit. Others are taking a high risk just to get a high returns.

In my case, I am putting 70% of my asset into bitcoin and the remaining are set for altcoins but I closely monitor the bitcoin price so I will not miss if there is a quick dump that will happen and for me to assure that I can sell my bitcoin in a right time. I know the risk but still I am willing to take it and for your decision, I am not against it especially if you are planning to hold for a long term one as I am sure that altcoin will recover soon and set a new ATH record again.
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January 02, 2021, 03:59:48 PM
 #98

Bitcoin is less volatile if you compare to altcoin, altcoin will give you high profit if you choose the right alt but it is hard to find right altcoin like ethereum and other good performance alt, better put some of your portofolio to bitcoin. Even it is only 30% of your total coin.
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January 03, 2021, 06:46:04 AM
 #99

Most altcoin down so colossal and some are tricks or useless. Be that as it may, in the event that you pick the correct time and coin trust you can change life. Albeit both of you have a point with respect to hanging tight for Altcoin season. It will be more excruciating if the pattern of BTC proceed in light of the fact that BTC predominance will build which implies altcoins will dump more.


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January 03, 2021, 08:06:18 AM
 #100

Everyone has different tastes, choosing altcoin as an investment medium is entirely your right. But you have to realize bitcoin have a lot more potential than altcoins, because altcoin growth is very dependent on bitcoin, in other words, Until now, altcoins are still under the bitcoin umbrella. I hope you choose the right altcoin to invest in, Eth, Bnb and Polkadot would probably be very suitable for your investment.

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