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Author Topic: What coin will be bought by new people?  (Read 536 times)
Billo_ (OP)
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March 27, 2021, 02:16:36 AM
Merited by Halab (2), CryptopreneurBrainboss (1)
 #1

It's always a question of speculation if we buy Bitcoin or if we buy Altcoin.
For a profitable buy, we need to know what new people will buy.

Bitcoin is already well known but also trusted. Not many new people will discover it but people will buy more constantly because it's trusted.
Altcoins are not very well known (except Ethereum) but also not very trusted. Many new people will discover it but will be hesistant to buy because it's not very trusted.

For a prediction, which one new people will buy more, we can only guess.
What is your opinion, which one will bring uns more profits? Altcoins or Bitcoin?
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March 27, 2021, 02:37:34 AM
 #2

For a prediction, which one new people will buy more, we can only guess.
What is your opinion, which one will bring uns more profits? Altcoins or Bitcoin?
Based on my experience I could definitely say altcoins are more profitable than bitcoin. Yes I earned good multiplier on some projects on the altcoins choices sometime more than 5x to 10x and its gonna hard or take a longer time to earn that on bitcoin but I didn't say it can't but its taking a while compared to altcoins that can boost so fast especially when there is hype involved.

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Question123
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March 27, 2021, 02:45:07 AM
 #3

Crypto investor are earning more money to the altcoins compared to the bitcoin, because the altcoins the value is cheaper to the bitcoin so the times of increasing is high than the bitcoin who is possible to double up the value and after that the price will down for sure. Altcoin will give you a lot of profit because the times of your capital that possible to gain. But I suggest to the new crypto user to invest also to the bitcoin which is more safe and if you are searching altcoins ethereum, binance and xrp is your choice now.
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March 27, 2021, 02:52:08 AM
 #4

in my opinion there are still many profitable altcoins but the movement of altcoins also depends on the condition of bitcoin, but for good investment for both

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March 27, 2021, 03:08:12 AM
 #5

New people who are really interested in cryptocurrency will probably buy Bitcoin first before entering into the altcoin arena. When I first heard of cryptocurrency, it was Bitcoin which was the first thing that I encountered. It was just later on that I learned that there was such as thing as Ethereum (ETH) and other altcoins.

Getting into crypto means you are thinking of the least risk with a certain profit and you will therefore choose Bitcoin. When you become more and more familiar with crypto, it is then that you will venture into something else with higher risk for possible higher profit.
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March 27, 2021, 03:29:19 AM
 #6

I think many people enter into crypto with bitcoin only. But sooner they find it easy to enrol into different ico projects and get free altcoins. It’s just that everyone wants to have free money and then comes the bounties and airdrop. Now this is just about the bitcointalk forum people. Since not all of them are on this forum they could be buying the top 10 altcoins most preferably. I would imagine some blind investment going on with pump dump groups where noobs mostly fall for low valued coins and high yield profits. So I don’t think that there is perfect name for the coin which they will be buying.
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March 27, 2021, 03:49:06 AM
 #7

If they are smart then they will go with Bitcoin. There are a lot of people who will end up buying altcoins because they don't know any better. There are people who buy dogecoin simply because Elon Musk is talking about it or because it's trendy to do so. It's in their best interest to ignore the marketing behind altcoins and do their research so they can see why BTC is their best option.

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March 27, 2021, 04:30:50 AM
 #8

Buying altcoin instead of bitcoin will be more profitable in the sense that in 100USD capital, it can be double in a short period of time, or higher if you know what you are doing and when to release token when it's profitable, everyone knows that when your capital is doubled or triple its already a profit, just make sure that greed is not in your mind when investing it will destroy your dreams I'm sure about that.

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March 27, 2021, 05:33:23 AM
 #9

For a prediction, which one new people will buy more, we can only guess.
What is your opinion, which one will bring uns more profits? Altcoins or Bitcoin?

Obviously altcoins and not because they're the best or whatever but simply because of greed and hunger for quick money that's why majority of the new comers ar chasing after the altcoins which result to new projects popping up by the day because the developers know patronizers are waiting on the other end. If you're investing in altcoins, you should always do your due diligence because the market is very unstable.

With bitcoin investment, your funds are somehow secure due to the fact, bitcoin isn't going anywhere anything soon and the whole industry resolve around it but with altcoins, that particular one topping charts today can be no where to be found in couple of weeks, months etc.

Excluding the institutional investors, Bitcoin is above many new comers budget so they settle for less especially those that have interest in owning whole coins instead of fractions.

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March 27, 2021, 05:59:09 AM
 #10

Bitcoin, no doubt.
Next to it will be Ethereum.
Then, that is where they will decide what will be next after having funds from the 2 big names which can be used to buy altcoins.
Naturally, if the buyer is not well versed about other currencies then it will be the one which is on hype.
BNB for example or Doge that had been hyped by Elon Musk before.
That's first but I hope they won't buy blindly.

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March 27, 2021, 06:29:02 AM
 #11

for your question about which one new people will buy? the answer is either Bitcoin or Memecoin.
they key point in here is they are hesitant to buy altcoin because they can trust them yet which means they got here due to hype. and our current hype is either Bitcoin or Memecoin such as Dogecoin.
another question about which one will generate more profit? it is obvious, altcoin generates more profit, higher risk equals to higher return.

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March 27, 2021, 06:38:50 AM
 #12

For a prediction, which one new people will buy more, we can only guess.
What is your opinion, which one will bring uns more profits? Altcoins or Bitcoin?
Based on my experience I could definitely say altcoins are more profitable than bitcoin. Yes I earned good multiplier on some projects on the altcoins choices sometime more than 5x to 10x and its gonna hard or take a longer time to earn that on bitcoin but I didn't say it can't but its taking a while compared to altcoins that can boost so fast especially when there is hype involved.


I agree. I also earned a lot of profit in altcoin compared to Bitcoin. Though as you said, bitcoin is very much popular, new people or investor wouldn't simply seek for a popular coin but they would rather look for a coin that can give them much more profit, and I think that is altcoin.

Though, some people would also invest on some undervalued tokens in the market, that can sometimes gave them even a lot more profit (sometimes almost 100x) but you can't simply tell what token is it. But I assume new comers will also take their risk on that. So maybe, they will also seek for undervalued coins.
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March 27, 2021, 06:55:59 AM
 #13

Everyone has their own considerations when investing in cryptocurrency. Bitcoin is certainly the king of crypto assets and has the highest rating and a volume, but when they think the price of a bitcoin is too high and it is difficult to reach it, then they can look for other alternatives in altcoin.

Investors who are experienced in their cryptocurrency will choose to invest in altcoins, because they can take advantage of the relatively fast up and down momentum of altcoin prices so that their profits can be maximized.

Regarding recommended altcoins, the choice depends on the investor. If they want to know which crypto assets to invest in, please check coinmarketcap.com and coingecko.com.
But one thing to remember, cryptocurrency is a risky place to invest in, and we'll never know what's gonna happen tomorrow.

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March 27, 2021, 07:01:15 AM
 #14

I believe that not so many people know about Bitcoin as you think. Many simply heard about it but did not use it until now. Many people won't take risks in a new business for themselves and buy new coins.
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March 27, 2021, 07:04:29 AM
 #15

It's always a question of speculation if we buy Bitcoin or if we buy Altcoin.
For a profitable buy, we need to know what new people will buy.

Bitcoin is already well known but also trusted. Not many new people will discover it but people will buy more constantly because it's trusted.
Altcoins are not very well known (except Ethereum) but also not very trusted. Many new people will discover it but will be hesistant to buy because it's not very trusted.

For a prediction, which one new people will buy more, we can only guess.
What is your opinion, which one will bring uns more profits? Altcoins or Bitcoin?
I am sure most of the people will start by investing in bitcoin. Once they get comfortable with bitcoin and in the process, gets to know more about the market, they will start researching about altcoins. This usually happens when they start hearing or reading about certain altcoins trend or hype. Most likely people would first go for Ethereum since it is well established and you can hear about Ethereum almost everyday while going through your favorite crypto news portal. Others might even become a bit daring and try to invest on those new altcoins that they keep hearing about.
You never know what altcoins they are going to buy next. It all depends on that exact current situation and what is trending. Last year it was about DeFi and now it is all about NFTs.

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March 27, 2021, 07:08:58 AM
 #16

most probably XRP. for newcomers in crypto in my country, it's the first altcoin they would know besides ETH, these two are the ones they could see on the remittance app that they could convert directly to our local cash. Both ETH and XRP. people today are going to be looking for investment and if they would look harder they may learn POS coins which generate income as well.


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March 27, 2021, 07:24:14 AM
Last edit: March 27, 2021, 07:38:19 AM by Ararbermas
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 #17

It's always a question of speculation if we buy Bitcoin or if we buy Altcoin.
For a profitable buy, we need to know what new people will buy.

Bitcoin is already well known but also trusted. Not many new people will discover it but people will buy more constantly because it's trusted.
Altcoins are not very well known (except Ethereum) but also not very trusted. Many new people will discover it but will be hesistant to buy because it's not very trusted.

For a prediction, which one new people will buy more, we can only guess.
What is your opinion, which one will bring uns more profits? Altcoins or Bitcoin?
which gonna bring more profits? Uhm in my opinion, actually both can bring us more profits to be honest.. Wherein even alts are not trusted due to some scams accusations, but indeed there still some alternative coins out there that can make us profitable especially projects listed on some top exchanges base on my experience . So to avoid losses in some alts.. I suggest to bear in your mind that putting money in new listing projects are not safe. Much better to focus on some trusted one wherein for sure there's a good return  after all your efforts.. Don't ever push your self and take all the risk when it comes investing to crypto (exceptBTC) so be aware especially if you don't have specific information.

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March 27, 2021, 07:34:19 AM
 #18

I guess mostly newbies will buy bitcoin because of course bitcoin is a popular cryptocurrency but if they buying altcoins then I guess those were shit coins you know because many new coins popping in advertisements and promised that they can make more money if they invested it, that is so risky if they do not research the project.

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March 27, 2021, 07:35:58 AM
 #19

What is your opinion, which one will bring uns more profits? Altcoins or Bitcoin?
Because this is a very logical question, then I will answer with a very logical answer as well, purchases that can give a lot of profit are still in Bitcoin, after that in Altcoin, because those who can't afford to buy in one unit of Bitcoin can still get quite a profit, especially for investors who usually make purchases of up to 10 units of bitcoin in one day, the benefits are truly extraordinary.
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March 27, 2021, 08:09:01 AM
 #20

What is your opinion, which one will bring uns more profits? Altcoins or Bitcoin?
Bitcoin and altcoins will bring us profit, but it is hard to predict, bigger between bitcoin or altcoin. I already sold my bitcoin at many prices, and I also sold some of my altcoin, which reached new ATH. You should search for the altcoin because we have many altcoins list that can be the next potential coin that will increase.

I guess this time, many undervalued altcoins will have the opportunity to increase besides the popular altcoins because bitcoin already hit the new ATH and will make another ATH, which can trigger many altcoins to increase higher. So you can research for that coin and I do not suggest you just follow other people advice.
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