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Author Topic: I am not investing in Bitcoin, I am staying with Altcoins  (Read 1491 times)
coiner-88
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January 09, 2021, 07:33:26 AM
 #121

Bitcoin remains the Boss and the development of different coins relies exceptionally upon Bitcoin. Thus, a downgrading on bitcoin would have likewise be reflected in the altcoins market. The pace of swelling will soften your cash's worth. Bitcoin and altcoins every one of them are not completely trustable from this point of view. Be that as it may, I pick bitcoin and Ethereum rather than different coins.

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January 10, 2021, 09:49:48 AM
 #122

Until now bitcoin is still increasing and it is really risky to invest bitcoin right now because with this current price of bitcoin I'm sure many investors are already gained profit so anytime bitcoin will dump. About the altcoins it seems they are trying to reach the all time high so I must say investing in altcoins is still good they are growing fast now than bitcoin.

These are all pure speculations and you have no basis for such a forecast. How do you think that this is the best bitcoin can do?
All investors have already made a profit at over 20k levels. Why didn't bitcoin dump then? Or at 30k levels?

If you want to invest in altcoins, go ahead. No one is stopping you, but don't spread FUD that bitcoin will dump when you don't have any evidence or analysis behind it.
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January 10, 2021, 10:10:22 AM
 #123

Actually many altcoin is coming up to outdo the limitations of Bitcoin and having great competitive advantage to succeed Bitcoin. It is better to invest in altcoin also.
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January 10, 2021, 12:03:40 PM
 #124

Bitcoin reached an all time high, and some are already taking profits because of the chance to earned. Well, in my opinion, it is also good to invest in some top altcoins as there are also the chance to high its price. We have preferences on how we can expand our funds in crypto. So in my portfolio bitcoin and other altcoins during this time.
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January 10, 2021, 08:47:32 PM
 #125

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.

maybe if we can pick a good altcoins project, investing in altcoins can be a good idea
but if don't have enough knowledge, i think its better to invest in bitcoin my friend
regards
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January 10, 2021, 09:26:55 PM
 #126

Bitcoin's volatility has been declining since its “crazy” ups and downs during the 2017-2018 period. Some pundits believe that this is a sign that the digital currency is finally "maturing".

I keep investing in Bitcoin for the long term, and altcoin for the short term

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January 11, 2021, 10:44:09 AM
 #127

there could be more people that now hates you because of this atittude but no im not with them but i actaully like this mindset .

we need more people that are like you that only likes altcoin because all eyes now are foccused on btc but what about altcoins ? altcoins are dying but what i only dont like with what you said is you bully btc too much , its enough if you can just say that btc is more volatile because thats actually a fact but calling it a bubble is not appropriate anymore .
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January 11, 2021, 11:01:47 AM
 #128

I realize that people are too confused about where to invest to bring better profits, in fact btc is always a guaranteed investment for those who already know about this market. But we also see the fact that the whip rate of altcoin projects is a lot, and that is why it attracts many people to invest in it. Personally, i don't want to compare bitcoin and altcoins because i am investing in both btc and altcoin.

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January 11, 2021, 11:44:07 AM
 #129

I think there is a turning point event for all Altcoin supporters right now in which Bitcoin start to fall down with the price already reach to $10,000 difference from the latest ATH. Probably with this current Bitcoin downward movement many will sell their Bitcoin and will divert it to Altcoins which is still much cheaper to invest.
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January 11, 2021, 12:51:01 PM
 #130

I think there is a turning point event for all Altcoin supporters right now in which Bitcoin start to fall down with the price already reach to $10,000 difference from the latest ATH. Probably with this current Bitcoin downward movement many will sell their Bitcoin and will divert it to Altcoins which is still much cheaper to invest.
If we take into account the analysis of Bitcoin charts, then almost the entire 2021 will be more interesting AND productive than you think. Of course, a correction will occur so that traders fix their profits, after which there will be a slight decrease, but according to the results of forecasts, Bitcoin is still far from the next maximum of 2021.

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newwest
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January 11, 2021, 12:58:05 PM
 #131

I think there is a turning point event for all Altcoin supporters right now in which Bitcoin start to fall down with the price already reach to $10,000 difference from the latest ATH. Probably with this current Bitcoin downward movement many will sell their Bitcoin and will divert it to Altcoins which is still much cheaper to invest.

Possible but one thing needs to know that if bitcoin falls, altcoins will also fall and vice versa. Once bitcoin rises then only altcoins will rise and the difference last time when bitcoin crossed 20k and crossed and was rising but altcoins took long time and did not moved at the same time when bitcoin was rising. So, u will miss out that ride when you do not hold bitcoin and just stay invested in altcoins. A balanced approach is better in such case.

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January 11, 2021, 01:10:38 PM
 #132

I think there is a turning point event for all Altcoin supporters right now in which Bitcoin start to fall down with the price already reach to $10,000 difference from the latest ATH. Probably with this current Bitcoin downward movement many will sell their Bitcoin and will divert it to Altcoins which is still much cheaper to invest.
If we take into account the analysis of Bitcoin charts, then almost the entire 2021 will be more interesting AND productive than you think. Of course, a correction will occur so that traders fix their profits, after which there will be a slight decrease, but according to the results of forecasts, Bitcoin is still far from the next maximum of 2021.
Now those altcoiners are making some noise now because bitcoin is going down as of this moment but to think that we are still up in 30k plus on price then that wont be considered to be bad.

If we do try to look back, we are just looking for bitcoin to break its 20k ath and 30k or even 40k is already too much for as to ask but bitcoin did really able to reach that.

When it comes to choices neither you do like to invest with altcoins than with bitcoin then its your choice but majority or the entire community do know on which one
is really worth when it comes to future possible price potential.

R


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January 11, 2021, 03:22:56 PM
 #133

in my opinion it's just an option, because BTC and altcoins are equally able to be invested, the difference is that not all altcoins have good potential, indeed altcoins are currently an alternative choice, because BTC is experiencing a tremendous increase, making it difficult to reach  by people who have middle to lower economies, my advice if you want to make a profit with altcoins you must wisely choose coins that have bright prospects in the crypto market,
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January 11, 2021, 04:20:59 PM
 #134

Altcoins hitting new highs is not all that much, they simply follow Bitcoin, aside from they perform more awful than Bitcoin, as you can find in their declining Bitcoin cost. On the off chance that/when Bitcoin crashes, alts will crash considerably harder, so alts are definitely not protected. It is nearly the equivalent in the event that you can benefit from bitcoin on the grounds that you can sell your bitcoin when bitcoin develops or hold it at another significant expense.
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January 11, 2021, 07:08:14 PM
 #135

No issue in the event that you contribute in altcoin since you'll make a benefit in bitcoin, particularly in the event that your altcoin records can increment so tall. It is nearly the same in case you'll benefit from bitcoin since you'll offer your bitcoin when bitcoin develops or hold it for another tall cost.It is way better to contribute within the potential altcoin, and I guess you know what that altcoin is.When the bitcoin cost increments, I think that will be the time for most altcoins to extend, and in the event that you have got numerous sums of that altcoin, your benefit in bitcoin will be greater.

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January 11, 2021, 08:02:05 PM
 #136

You should realize lot of altcoins market and important which coins you have been holding right now. I see some altcoins place still in dumping so you can invest those good altcoins which have cheap price. At least if you have no financial problems then you can invest in some top altcoins, it's so like my best suggest.

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January 13, 2021, 01:42:14 PM
 #137

Now those altcoiners are making some noise now because bitcoin is going down as of this moment but to think that we are still up in 30k plus on price then that wont be considered to be bad.

If we do try to look back, we are just looking for bitcoin to break its 20k ath and 30k or even 40k is already too much for as to ask but bitcoin did really able to reach that.

When it comes to choices neither you do like to invest with altcoins than with bitcoin then its your choice but majority or the entire community do know on which one
is really worth when it comes to future possible price potential.
I honestly do not think that alts are going up neither, they went down with bitcoin so there is really no benefit to be in bitcoin or altcoin, they are the same result. This doesn't mean you should be in bitcoin, this doesn't mean you should be in altcoins neither, it just means that we are in a crypto connection world where every single crypto acts together.

This is why we should not advice people to go with alts only, we should not advice people to go with bitcoin only, people should have a portfolio that is diversified so that we could make a profit. Think about it this way, if we have 100% as our base, if you have 40% as bitcoin, 20% as ETH, and the other 40% divided into 8 coins for 5% each, eventually you are going to have a very healthy base, and that way you could make a decent investment into many things and will not miss out on anything.
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January 13, 2021, 03:43:36 PM
 #138

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.

This doesn't make any sense.  Bitcoin is more volatile than altcoins, huh?  And bitcoin is the bubble and altcoins will all rise?  I'm just going to offer this quote " if you cant spot the fish at the table then you are the fish".  I wish you well but you will probably take alt beatings until you either learn or you leave the crypto market.
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January 13, 2021, 09:36:02 PM
 #139

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.

Every one will accept this two things about the attacking, most of the altcoins are depending on the price of Bitcoin only, nobody doesn't have any clue about when the price of Bitcoin prices. Of course, we can buy the altcoin on dips, but every time it is impossible for anybody to keep on investing money into altcoins.


I didn't quite understand your train of thought. Obviously, the entire market is following bitcoin one way or another, just because the fall in bitcoin price provokes people to sell altcoins, because they think everyone else will do the same. What concerns risks. Then there is nothing more risky than the crypto market, everyone knows that.

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January 14, 2021, 05:39:29 AM
 #140

I don't agree bitcoin is a bubble but i think Bitcoin temporarily stopped accelerating. The selection of altcoins in the top is correct at this point, they are still too low compared to prices a few years ago.
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