Is it worth buying other cryptocurrencies other than bitcoin?

[ahmia39]

Although bitcoin is the best cryptocurrency and has the greatest influence on other cryptocurrencies, there are also many other cryptocurrencies with a very good foundation that we should invest in such as ETH, BNB  , BCH…many other cryptocurrencies are also very profitable

Yes, but all the cryptocurrencies you mention are those that follow the Bitcoin market very often so it is also worth choosing as a good investment choice for the long term even though Bitcoin is the first cryptocurrency that must be considered.

[campusnet]

Although bitcoin is the best cryptocurrency and has the greatest influence on other cryptocurrencies, there are also many other cryptocurrencies with a very good foundation that we should invest in such as ETH, BNB  , BCH…many other cryptocurrencies are also very profitable

Yes, but all the cryptocurrencies you mention are those that follow the Bitcoin market very often so it is also worth choosing as a good investment choice for the long term even though Bitcoin is the first cryptocurrency that must be considered.

in fact, I prefer potential altcoins as mentioned over owning bitcoins.
in my short-term trading and investing. altcoins are more profitable than the bitcoins I own. this is related to the capital I use for bitcoin and altcoins.
I have a feeling of being too scared and panicky quickly to trade bitcoin. but with altcoins, I feel free and big. I enjoy everything effortlessly.

[ahmia39]

in fact, I prefer potential altcoins as mentioned over owning bitcoins.
in my short-term trading and investing. altcoins are more profitable than the bitcoins I own. this is related to the capital I use for bitcoin and altcoins.
I have a feeling of being too scared and panicky quickly to trade bitcoin. but with altcoins, I feel free and big. I enjoy everything effortlessly.

It's only limited to your feelings, because basically every Altcoin will also experience a rapid decline if Bitcoin does not stay at a good price in the market, in the case of the past, there have also been many people who are profitable in Bitcoin, it just takes time because Bitcoin class coins always take a little time to become profitable.

[fortune1002]

Yes, you can still find some great project which will be at top in the future. As we all know that crypto world is increasing day by day and many new projects are being Launched in crypto market. So it is very difficult to find good one. I suggest you to take a look on Polkadot (Dot). It is doing great nowadays and ADA is also good so must check it also. DYOR before investing.

[Shallow]

I heard about Bitcoin and ethereum around the same time. Bitcoin was I believe around $15k and ETH was below $200. I couldn't afford to buy 1btc so I didn't buy any and I didn't buy ethereum because I believed Bitcoin was the only genuine crypto currency to buy. But since my discovery of this forum I have found members who believe different. Looking back I see I have lost on both fronts and wasted an opportunity. So my question is this which is more important factor to consider before buying a coin, do you buy because of the technology of the project and what it has to offer, the utility of the token or the news?

Although Bitcoin is the best crypto out there with outstanding features which has made it a point of attraction for most big cooperations, there are still some altcoins which are worth buying.
Starting from the second best altcoin which is Ethereum, everyone who is within the crypto space can see that, Ethereum is one of a kind when it comes to smart contracts and DApp, even to the extent most upcoming blockchains can't be compared to Ethereum; therefore seeing a coin like this with such features shows that Ethereum is worth buying.
Another which I can say is worth buying is BNB, owing to the fact it is a coin of the best exchange in the crypto space which is Binance.
The truth is that, only a very few project team are actually working towards a brighter future, a lot which started well are no where now, some are even dead or the team are already out of ideas.
So to answer your question, there are very few altcoins which are worth buying while a whole lot are just scams.

[Dump3er]

I heard about Bitcoin and ethereum around the same time. Bitcoin was I believe around $15k and ETH was below $200. I couldn't afford to buy 1btc so I didn't buy any and I didn't buy ethereum because I believed Bitcoin was the only genuine crypto currency to buy. But since my discovery of this forum I have found members who believe different. Looking back I see I have lost on both fronts and wasted an opportunity. So my question is this which is more important factor to consider before buying a coin, do you buy because of the technology of the project and what it has to offer, the utility of the token or the news?

Although Bitcoin is the best crypto out there with outstanding features which has made it a point of attraction for most big cooperations, there are still some altcoins which are worth buying.
Starting from the second best altcoin which is Ethereum, everyone who is within the crypto space can see that, Ethereum is one of a kind when it comes to smart contracts and DApp, even to the extent most upcoming blockchains can't be compared to Ethereum; therefore seeing a coin like this with such features shows that Ethereum is worth buying.
Another which I can say is worth buying is BNB, owing to the fact it is a coin of the best exchange in the crypto space which is Binance.
The truth is that, only a very few project team are actually working towards a brighter future, a lot which started well are no where now, some are even dead or the team are already out of ideas.
So to answer your question, there are very few altcoins which are worth buying while a whole lot are just scams.

In terms of features, Bitcoin isn't particularly multifaceted, but it brings to the table what other coins will never be able to bring to the table and that is organic growth. Bitcoin grew organically without much public attention. It built its user base and its supporter base over many years until it was really noticed by the broader public. That is very healthy for the distribution and for the ecosystem as a whole. Not too many financial interests were involved in the decision making process because nobody really know where this is going to go. Today if a promising project is launched it's all eyes on that project, financial interests involved, manipulation right from the start and so on and so forth.

[tabas]

Yes, but all the cryptocurrencies you mention are those that follow the Bitcoin market very often so it is also worth choosing as a good investment choice for the long term even though Bitcoin is the first cryptocurrency that must be considered.

It's always worth to take bitcoin as your head investment in cryptocurrencies. If you want to expand your investments through altcoins, you don't choose any altcoin that you wishes to buy. There's still a basis why you're going to buy those altcoins.
A friendly reminder that don't fall for the hype that's being done with altcoins.

[bastian466]

In fact, buying new coins has many risks and other things to be aware of. I believe more in old coins when investing for a long time, I think. just wait for the right opportunity to buy, wait for the price to be cheap again and hold it until the price reaches an all time high price

Yes, for people who have extra capital and money that he doesn't spend on other jobs, it's definitely better to buy good coins at a low price to get future profits when the market returns to the next bullrun.

We are struggling to become people who have a lot of money.  try to imagine if yesterday you bought bitcoin or ethereum when it was down yesterday and sold it now you must have made a profit without having to wait long and the opportunity was missed

[john1010]

do you buy because of the technology of the project and what it has to offer, the utility of the token or the news?

I prepared for this one "do you buy because of the technology of the project and what it has to offer" everytime I bought one's project, I always consider the technology and innovation they've offered, that is the must when you want to invest in every project.

[terrorJR]

For long-term investments, bitcoin is still a hunt for many people because apart from its good volatility, bitcoin is also believed by many people to be able to change their future in a better direction when holding and holding it now.
and if you say you can't afford to buy 1 btc actually if you really want to buy bitcoin actually you don't have to buy 1 btc if you don't have enough money, you just have to buy it in installments because I think this can also be done. but if you want to look the other way, indeed in altcoins there are some pretty good coins like eth and bnb besides polka you can also consider it.
but my advice is still in bitcoin even though it's not 1btc nor is it very profitable if you want to be really serious about investing there

[Tumanggor]

~

Bitcoin is still the most recommended but you can still choose other crypto coins, that's your right
I've also noticed that some altcoins have good potential, which is enough to keep up with Bitcoin's performance

examples are ethereum and binance. you notice that these two altcoins have great potential
but if you have other altcoins that you monitor can give you more profit than you invest in Bitcoin then take that risk to buy that altcoin

[Argoo]

~

Bitcoin is still the most recommended but you can still choose other crypto coins, that's your right
I've also noticed that some altcoins have good potential, which is enough to keep up with Bitcoin's performance

examples are ethereum and binance. you notice that these two altcoins have great potential
but if you have other altcoins that you monitor can give you more profit than you invest in Bitcoin then take that risk to buy that altcoin

Of course, investing in other cryptocurrencies besides Bitcoin is worth it. Altcoins are distinguished by their great functional variety and have already brought a lot of useful things to the people on this market. Bitcoin is a versatile coin and is not capable of such useful variety. In addition, you cannot store everything in one basket, this is the basic wisdom of all markets. As long as bitcoin as a whole is growing in value, it is popular. If its growth stops, then its superpopularity will immediately disappear. All this needs to be taken into account, and not only this.
There are now quite a few promising altcoins to invest in. The choice is up to each of us.

[Wakate]

I rather buy stable altcoins than to invest my money in Bitcoin only. There is a much profits that can be made by investing in altcoins than Bitcoin. Some altcoin has the possibility to triple double your capital with the space of days which can not happen in Bitcoin because of the high level it has attained. Altcoins like stable coins are very stable and there prices do not fluctuate anyhow like Bitcoin which can give lose or profits within the space of hours with high detriment to one's account. This is why Bitcoin investors should be smart to know when to buy or sell because the market can change value at any given time

[Dump3er]

I heard about Bitcoin and ethereum around the same time. Bitcoin was I believe around $15k and ETH was below $200. I couldn't afford to buy 1btc so I didn't buy any and I didn't buy ethereum because I believed Bitcoin was the only genuine crypto currency to buy. But since my discovery of this forum I have found members who believe different. Looking back I see I have lost on both fronts and wasted an opportunity. So my question is this which is more important factor to consider before buying a coin, do you buy because of the technology of the project and what it has to offer, the utility of the token or the news?

Bitcoin is more like a precious asset, it is digital gold. It does not have what the innovative Ethereum is, such as smart contracts, the creation of tokens, decentralized applications (Dapps) and the (POS) that it will very soon have.
To invest in a cryptocurrency there must be innovation, uses in real life, developments, a verified team and partners.

But having a very specific focus on a particular niche can also be similar to a feature so to say. Bitcoin due to its focus on being digital gold for now is better at being digital gold than any other cryptocurrency out there in the moment. Ethereum may be a good investment, but it is meant to be used for a lot of other purposes as well. As a passive income stream as well of course once the whole staking functionality goes live.

[oemar bakrie]

if in my opinion before buying tokens other than bitcoin or ethereum I will first see the development of the token and also the interest in the market whether the token has a good long term..
because without it all we will not be able to know in more detail the movement of the token, and also have to often look at the market exchanges that have good movements that I will buy..

[anandaijun]

I heard about Bitcoin and ethereum around the same time. Bitcoin was I believe around $15k and ETH was below $200. I couldn't afford to buy 1btc so I didn't buy any and I didn't buy ethereum because I believed Bitcoin was the only genuine crypto currency to buy. But since my discovery of this forum I have found members who believe different. Looking back I see I have lost on both fronts and wasted an opportunity. So my question is this which is more important factor to consider before buying a coin, do you buy because of the technology of the project and what it has to offer, the utility of the token or the news?

First, how long does the coin last in the market. Second, the benefits of the coin.
I think, to buy coins, Bitcoin is enough to be the main choice in the crypto space. If you can't afford it because of expensive reasons, I think you can buy it according to the current financial capabilities available. Coins other than BTC in my opinion are also worth buying like ETH and BNB.

[Dump3er]

I heard about Bitcoin and ethereum around the same time. Bitcoin was I believe around $15k and ETH was below $200. I couldn't afford to buy 1btc so I didn't buy any and I didn't buy ethereum because I believed Bitcoin was the only genuine crypto currency to buy. But since my discovery of this forum I have found members who believe different. Looking back I see I have lost on both fronts and wasted an opportunity. So my question is this which is more important factor to consider before buying a coin, do you buy because of the technology of the project and what it has to offer, the utility of the token or the news?

First, how long does the coin last in the market. Second, the benefits of the coin.
I think, to buy coins, Bitcoin is enough to be the main choice in the crypto space. If you can't afford it because of expensive reasons, I think you can buy it according to the current financial capabilities available. Coins other than BTC in my opinion are also worth buying like ETH and BNB.

What do you mean by saying if you can't afford it? You can also buy fractions of a Bitcoin, that is no problem at all. By now more and more people start calculating in fractions like mBTC anyway because Bitcoin is way too expensive to calculate things in whole Bitcoins. That was also the intention Nakamoto had in mind when he allowed for a pretty big divisibility of Bitcoin. Other coins can make sense if they complement your portfolio somehow. I don't think it makes much sense to hold Bitcoin + Litecoin because they are very similar except for some minor parameters that have been changed.

[anandaijun]

I heard about Bitcoin and ethereum around the same time. Bitcoin was I believe around $15k and ETH was below $200. I couldn't afford to buy 1btc so I didn't buy any and I didn't buy ethereum because I believed Bitcoin was the only genuine crypto currency to buy. But since my discovery of this forum I have found members who believe different. Looking back I see I have lost on both fronts and wasted an opportunity. So my question is this which is more important factor to consider before buying a coin, do you buy because of the technology of the project and what it has to offer, the utility of the token or the news?

First, how long does the coin last in the market. Second, the benefits of the coin.
I think, to buy coins, Bitcoin is enough to be the main choice in the crypto space. If you can't afford it because of expensive reasons, I think you can buy it according to the current financial capabilities available. Coins other than BTC in my opinion are also worth buying like ETH and BNB.

What do you mean by saying if you can't afford it? You can also buy fractions of a Bitcoin, that is no problem at all. By now more and more people start calculating in fractions like mBTC anyway because Bitcoin is way too expensive to calculate things in whole Bitcoins. That was also the intention Nakamoto had in mind when he allowed for a pretty big divisibility of Bitcoin. Other coins can make sense if they complement your portfolio somehow. I don't think it makes much sense to hold Bitcoin + Litecoin because they are very similar except for some minor parameters that have been changed.

I'm just saying if you can't afford to buy Bitcoin because of expensive reasons, then you can buy it according to your current financial capabilities. Am I wrong?
My answer is quite simple actually in this post thread, namely the things I consider before buying coins. And my best choice is BTC. Because I know, that the purpose of the birth of Altcoins in the crypto space is also good.
Sorry if I misunderstood what you meant. (Hero Member) please enlighten me.

[armanhusni]

The technology used in a project is one of the factors affecting the choice of people of course. If the project seems really innovative and aims to solve a real-world problem, I start trusting it more than others honestly. So, you shouldn't just think of investing into Bitcoin. You can also do a good research about various projects and give them a chance too.

[Ever-young]

"You can't afford it"? It is not a must that you must buy 1 btc, btc is divisible and as such you can buy with as little as you can afford. The same fund you intend to use and buy other crypto can also be use to buy btc.