BTC and ETH price are too high. Better invest in alt coins like ADA, DOT, MATIC

[Vatimins]

     Well, what you are saying does make sense, even I myself have stacked up on ada, and dot plus uniswap and chainlink. This is because of the same reason as you along with the great credibility and use case of these tokens. But then again, I do not ignore bitcoin and ethereum still. Since every thing in this industry clearly relies on hype and fame at the moment. We cannot underestimate the power of hype and fame because we already seen what it can do to any coin like doge. So I suggest you still invest on eth and btc because people are more likely to push these coins up before anything else.

[dogtana]

Your alternative options are also pretty high. I bought them much lower than now. However Harmony One is very undervalued still. It has smart contracts, cross chain bridges, 2 seconds transaction speed, very high TPS capacity, is secure, decentralised but also backed by Coinmarketcap (who is one of validators) which is connected to Binance that will endorse it. This is the blockchain to rule them all.

[scottsanderman12]

Polkadot is a very interesting product in terms of technology. Its development is pleasant to observe, capitalization is growing, new projects, the last with KUSAMA. We wait for it for $100. And for the least, not last crypto exchange EXMO listed Polkadot and now available for trading!

[inanilujimi]

I see the price of BTC is too high $39,000/BTC.  It takes very long for BTC to get $100,000.  ETH price is $2800/ETC and the ETH market cap is $330 million.  It takes a lot of money to double the price of ETH.  I see some alternative network like ADA, DOT, MATIC (Polygon), LINK having lower price.  It is easier to double money.  I missed the price of BTC at $1000 or ETH at $100.  I want to buy and DCA (Dollar Cost Average) for ADA at $1.75 in a couple months.  So later I can have 10,000 ADA and hopefully the price will be $100/ADA in a couple years then I will be a millionaire.  What do you think?  Thanks.

for me ADA is also too high for the current price, around $1.5 even though you see the history of ADA was worth $0.02.
but different from the matic which in my opinion is still new and looks promising in the future to be bought now.

[laohe628]

I think your thought is very dangerous, the price is much lower than Ada, Dot, Matic (Polygon), Link, there are many public chain, for example, AE, BTM, then why dont you choose them？
The value of cryptocurrencies is based on consensus, and the stronger the consensus, the higher the price. That is why BTC has such a high market cap.

[tvplus006]

It is a high value for Bitcoin yeah but I don't see it as too high. Because it has dropped down to this level from 60k dollars. If one buys from this level, he/she can make a really good profit in the long run.

The choice of new altcoins for investment is determined by the hope of a high profit, which amounts to hundreds of percent. Even after the correction, BTC will not be able to give its investors a similar profit in the near future. But if the correction is not over yet, the losses from investing in bitcoin will be several times less than from investing in new coins.

[dailyjuice]

I think your thought is very dangerous, the price is much lower than Ada, Dot, Matic (Polygon), Link, there are many public chain, for example, AE, BTM, then why dont you choose them？
The value of cryptocurrencies is based on consensus, and the stronger the consensus, the higher the price. That is why BTC has such a high market cap.

And also the value is affected by the emission of a coin.

[aprilnot]

it looks like your understanding is a little wrong, it's not about the price but how big the chance is to go up. maybe ADA, Matic, or DOT have low prices but they have lower chance compared to bitcoin and ethereum. when the market has moved up again these two coins the first one will go up. like yesterday's rally. so even though the current price is high, but that's not a bad thing.

[ziyaaa]

It is your choice. To me these levels are not very very high. Still it is a good opportunity to HODL more. But I also invested into altcoins like DOT and MATIC. I really liked both projects and see them as promising.

[hostervps]

btc 35000 usd price


in 2019 year price 3500 usd

[btcltcdigger]

I see the price of BTC is too high $39,000/BTC.  It takes very long for BTC to get $100,000.  ETH price is $2800/ETC and the ETH market cap is $330 million.  It takes a lot of money to double the price of ETH.  I see some alternative network like ADA, DOT, MATIC (Polygon), LINK having lower price.  It is easier to double money.  I missed the price of BTC at $1000 or ETH at $100.  I want to buy and DCA (Dollar Cost Average) for ADA at $1.75 in a couple months.  So later I can have 10,000 ADA and hopefully the price will be $100/ADA in a couple years then I will be a millionaire.  What do you think?  Thanks.

Lol, you don't see price of ETH or BTC doubling, but you see ADA at $100?
Are you fcking serious. This just shows me you have no clue what you're talking about, you're just looking for a cheap entry and a moon ride

[Viscore]

no one can predict the movement of the crypto market, let alone bitcoin. and if you say the price of BTC and ETH is already very high, then you are wrong, the price of BTC and ETH can go up further than this, remember when BTC was at 20k$ in 2018? everyoitne says that the price of BTC is already very high, but in fact the price of BTC has touched 60k$

I think OP you should also learn to change your mindset when it comes to investment. It's always wise to say " invest on the amount you can afford to lose" but if you aim for bigger profits, you should come out from your comfort zone.

Bitcoin and ethereum have definitely higher prices compared to other coins but you won't think investing in it the whole part immediately as you can start buying just a fraction of it. If you aim for huge returns in the near future, start taking the risk now. But if you want to play safe and makes minimal profits, then invest only on the amount you can afford to lose.

[TheGreatPython]

I see the price of BTC is too high $39,000/BTC.  It takes very long for BTC to get $100,000.  ETH price is $2800/ETC and the ETH market cap is $330 million.  It takes a lot of money to double the price of ETH.  I see some alternative network like ADA, DOT, MATIC (Polygon), LINK having lower price.  It is easier to double money.  I missed the price of BTC at $1000 or ETH at $100.  I want to buy and DCA (Dollar Cost Average) for ADA at $1.75 in a couple months.  So later I can have 10,000 ADA and hopefully the price will be $100/ADA in a couple years then I will be a millionaire.  What do you think?  Thanks.

Yes you’re right about that, the coins with a large market cap can hardly double in price. Bitcoin is growing and someday it will reach a level where it will be as stable as assets like gold, and the increase and decrease in price will be way less than what they are at this time. It’s not going to be like before when people will invest just a little amount of money and cash out millions of after a few years.

This time around your investments are hardly going to be doubled, it will just be increase like 20% to 30%. Other ones like Carano (ADA),and Polkadot will have the possibilities for increasing more than 100% in some years to come.

[scottsanderman12]

I only buy ADA for "discount" price $1.2, because EXMO didn't have DOT on their exchange. Recently they added, but price too hight for me to buy now.

[Luqman]

Actually, this makes sense. But, be careful in choosing the right coins or tokens. Actually, I am also doing the same, but of course, I am also holding some BTC and ETH because I do believe in these coins, Btw, in investing, never only think about the profits that we can gain but also the risks. We don't know the future. That is why be ready if in fact someday the reality doesn't meet our expectations and the price drops.

[fielkun]

Those are all good alternative altcoins to invest in right now.

But you might want to check out XSN too. It is the native currency of Stakenet. With its current market price of only 0.2 cents, its a great bargain already for such a high potential coin. Don't miss out on this chance!

[LUCKMCFLY]

Lately MATIC has been giving a lot to talk about, in fact it had a moment where many were thinking of buying more MATIC, for now the price has dropped considerably, however it is in position 17 of the Top, I think that in the short term it will continue to be bearish , as this analysis confirms:

The Parabolic SAR’s dotted line has hovered above the candlesticks since 30 June as the coin’s price movement followed a bearish trend.

The Relative Strength Index (RSI) moved below the median line around the same time, as selling pressure mounted and surpassed the buying pressure. The indicator was at 41 at the time of writing, and its southbound movement underlined the continuing dominance of sellers.

Sopurce: https://ambcrypto.com/xrp-tron-matic-price-analysis-02-july/

The technical foundations lower the currency, but it is to be expected, the BTC has not yet recovered as expected, it all depends on how strong the market is in this short term, at any time you can expect anything.

[unusualfacts30]

Alts can grow considerably higher if btc reaches 100k for example at the same time the amount of risk you are taking also increases. It really depends on your risk appetite and whether you can afford it. I would say diversify your portfolio and don't go all in one coin unless that is your preference.

[Xinarae*]

It is a high value for Bitcoin yeah but I don't see it as too high. Because it has dropped down to this level from 60k dollars. If one buys from this level, he/she can make a really good profit in the long run.

Although bitcoin and ethereum are more valuable they are more profitable than other currencies for investment. Other altcoins are less likely to rise as their prices fall but as bitcoin and ethereum fall they rise again just have to wait patiently.

[Woodie]

As much as the prices for bitcoin or Ethereum might look intimidating when compared to other altcoins, they still hold a lot of potential to go up  especially that we are ~40% down the all time high, that means we have 40% to gain when you buy the dip now .

Btw other alts suggested might be a cheap option but the potential could be more than our top coins if they offer more than just a store of value.