Bitcoin or altcoins

[ReiMomo]

I have been watching this market for a long time.

It seems that in the early part of a bull market, Bitcoin goes up faster than altcoins (ie Bitcoin dominance goes up.)  In the late part of a bull market, Bitcoin still goes up but altcoins go up even better (ie Bitcoin dominance goes down.)

In a bear market, altcoins fall faster than Bitcoin (ie Bitcoin dominance recovers somewhat but has to wait for the next bull market to go really high.)

So, it would seem the correct play is to buy altcoins at this point, and then convert them into Bitcoin (or sell) when you see the bull market ending?

Any thoughts?

[I used to post as BobK71, and am using a new account after some logistical mixup.]

Yes, its been very difficult to take decision seeing altcoins acting according bitcoin's moves. Its unpredictable man. However, I feel, When bitcoin goes up and when new investors see that they do not have enough funds to invest on bitcoin, they do move to best altcoins where their fund would be sufficient enough to purchase. Same thing happens, when altcoins seem to go down, panic sell happens and small investors just come sell off their altcoins and move into bitcoin. This might be a one of the reasons as far as I analyzed since 2016.

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[LUCKMCFLY]

At this time it is good to analyze both markets, the reason is simple, both BTC and Alts markets represent money, and there is always a great union or dependence of the alts with respect to BTC, since BTC will always maintain a life of its own, the alts depend on BTC, it is convenient for all altcoins that BTC is always in an upward trend, as it is the most convenient way for investors to put money there to be able to grow any project, at the moment many altcoins are emerging, but the price of BTC continues going up even higher.
I would be very inclined if BTC continues to rise in price, to choose a safe altcoin, because the trend will be bullish like that, that logic is always fulfilled and right now is a good time to do it.

[boled]

Honestly, I'm not good at analyzing the market or using the tools provided by the market to analyze candles based on price and volume movements. My day trading only relies on depth and EMAs 15, 20, 30, 50, 100, 200. So I'm not really thinking about which one to buy, BTC or ALTs. But this is what I do, always buy Bitcoin every 2 weeks regularly in small amounts, $10 - max $100, then I sell some when the price really goes up high, since 2016 I have never traded BTC/FIAT, for Bitcoin, I just swapped to a Fiat, then I cashed out.
This is also what I recommend, use some to buy bitcoins, and part others for alts, spend wisely and sell them when the price really hits your target price.

[xSkylarx]

Bitcoin, as I was unable to invest in altcoins earlier stage. Before, I was really investing in new coins because I could make more money than bitcoin in less than a month. Investing in their ICO is really great because it would be listed in exchange after a few weeks. But now that there are a lot of new coins, many of which are shitcoins, which are extremely risky, bitcoin is the better option.

[ROSERTY]

Bitcoin is the dominant currency among cryptocurrencies. In the long run, investing in it will be more profitable and will yield higher profits.
The market value of altcoins is still relatively small, generally following the rise and fall of the price of Bitcoin, but the fluctuation range will be greater than that of Bitcoin.
You can choose Bitcoin and relatively safe and reliable altcoin portfolio investment to reduce risks and loss of profits.

[Wawa2013]

Bitcoin is the dominant currency among cryptocurrencies. In the long run, investing in it will be more profitable and will yield higher profits.
The market value of altcoins is still relatively small, generally following the rise and fall of the price of Bitcoin, but the fluctuation range will be greater than that of Bitcoin.
You can choose Bitcoin and relatively safe and reliable altcoin portfolio investment to reduce risks and loss of profits.

Bitcoin has always dominated the market, so of course the risk of investing in Bitcoin is lower than altcoins. So it is safer to invest in Bitcoin than
altcoins, especially if we are planning a long-term investment, Bitcoin is the best choice. Even altcoins price movements usually follow Bitcoin
price movements. Another advantage of Bitcoin is that if the price falls, it recovers faster than altcoins. Especially for beginners, it is better to focus
on investing in Bitcoin, because making a profit from Bitcoin is indeed easier than investing in altcoins. We just need to be patient waiting for
the Bitcoin price to reach the sell target we want.

[imstillthebest]

yes it is true .
 btc is the first to pump before altcoins but isnt btc falls first too before altcoins ? but it cannot fall too hard because many people wont just sold all thier btc and there are also continous buyers and holders of btc  .
 i think btc stops increasing too much because many people cannot afford it anymore once it pumps but they switch to altcoins for a while .

[globalpain]

Bitcoin, as I was unable to invest in altcoins earlier stage. Before, I was really investing in new coins because I could make more money than bitcoin in less than a month. Investing in their ICO is really great because it would be listed in exchange after a few weeks. But now that there are a lot of new coins, many of which are shitcoins, which are extremely risky, bitcoin is the better option.

Shitcoin or meme coin is not the right choice to invest because the risk is big,
if you want to be safe I think we can choose the top coins like Bitcoin, Ethereum and BNB,
obviously it all depends on everyone's choice

[umbara ardian]

You realize that very well, just like you said when the interest in the market when bitcoin started to increase was also the time to prepare for a period of money flowing from btc to alt, and it also increased, so sometimes people also feel satisfied when storing bitcoins. But that's how experienced people can increase their bitcoins quickly after a bull market.

[Kasabus]

Bitcoin is the dominant currency among cryptocurrencies. In the long run, investing in it will be more profitable and will yield higher profits.
The market value of altcoins is still relatively small, generally following the rise and fall of the price of Bitcoin, but the fluctuation range will be greater than that of Bitcoin.
You can choose Bitcoin and relatively safe and reliable altcoin portfolio investment to reduce risks and loss of profits.

Bitcoin has always dominated the market, so of course the risk of investing in Bitcoin is lower than altcoins. So it is safer to invest in Bitcoin than
altcoins, especially if we are planning a long-term investment, Bitcoin is the best choice. Even altcoins price movements usually follow Bitcoin
price movements. Another advantage of Bitcoin is that if the price falls, it recovers faster than altcoins. Especially for beginners, it is better to focus
on investing in Bitcoin, because making a profit from Bitcoin is indeed easier than investing in altcoins. We just need to be patient waiting for
the Bitcoin price to reach the sell target we want.

With regards to all the answers in the forum, bitcoin is seen to has more potentials than altcoins and is less volatile compared to altcoins. So there is no doubt that bitcoin is their top choice because aside from being the most profitable currency, its the most promising investment for now especially if you hodl it for long term.

But if we can have them both then why not. After all, its the profits that will matter the most. Bitcoin and altcoins are dominating the market and its prices are very impressive as they can be both profitable not just today but also in the near future.

[chaser15]

I still prefer to invest with bitcoin than altcoin because there is still hope that it will definitely get to $70k before the half of this month.

That's not a good mindset when it comes to investing money with bitcoin. Always try to be realistic. $70,00 by half of the month is a tough target.

You invest not because of that target but for long-term purposes. $70,000 will be reached soon but not hope for it to happen right away. I like your positivity but let's get there slowly but surely.

If you are not comfortable investing in altcoins, it's up to you but there's a gem too outside bitcoin if you will DYOR properly.

[jaberwock]

It seems that in the early part of a bull market, Bitcoin goes up faster than altcoins (ie Bitcoin dominance goes up.)  In the late part of a bull market, Bitcoin still goes up but altcoins go up even better (ie Bitcoin dominance goes down.)

In a bear market, altcoins fall faster than Bitcoin (ie Bitcoin dominance recovers somewhat but has to wait for the next bull market to go really high.)

So, it would seem the correct play is to buy altcoins at this point, and then convert them into Bitcoin (or sell) when you see the bull market ending?

Yes, when bitcoin is going up at first during the bull run it goes up more than the altcoins and when it slows down, altcoins starts go up. It’s just like you have said. Maybe if you have enough money to invest in both, you can just do that, if having to sell is going to be unnecessary. Sometimes bitcoin can start going up after it goes down, that’s why it is good to Hodl it. I am very sure that a lot of people least expected bitcoin to increase again after the decrease. I am among people who felt that bitcoin wouldn’t be going up anytime soon, and I even thought that it will fall below that $30,000, but surprisingly there was a C-turn and we are back up again.

[worle1bm]

I have been watching this market for a long time.

It seems that in the early part of a bull market, Bitcoin goes up faster than altcoins (ie Bitcoin dominance goes up.)  In the late part of a bull market, Bitcoin still goes up but altcoins go up even better (ie Bitcoin dominance goes down.)

In a bear market, altcoins fall faster than Bitcoin (ie Bitcoin dominance recovers somewhat but has to wait for the next bull market to go really high.)

So, it would seem the correct play is to buy altcoins at this point, and then convert them into Bitcoin (or sell) when you see the bull market ending?

Any thoughts?

[I used to post as BobK71, and am using a new account after some logistical mixup.]

Most of the altcoins follow bitcoin rally and you could see it from the past and current market swings like if btc is going down most of them will go down as btc/usd is the most common trading pair and people convert it from altcoins.But usually bitcoin is the best coin available in the market other than any altcoins of small market cap whose prices can be easily manipulated and growth snd and survival chances are very less.

[TheNineClub]

I don't think there is a clear-cut answer to this. BTC and ALT's occupy different spaces of investment and interest so it's not a matter of 'OR', but what your interest is and what you really support. Maybe I am coming from an idealistic point of view, but that's how I feel about it.

[AicecreaME]

Usually, altcoins increase and decrease more than Bitcoin does, because they have a smaller market cap.

To make thing clearer, when you increase the Bitcoin's market cap by buying it, you surely affect it less than you would with an altcoin, due to the market cap's difference. So you'll influence the price of an altcoin more than you will with Bitcoin, because the market cap will proportionately increase more.

It's riskier to invest in altcoins, because it's easier to manipulate their price.

In a bear market, altcoins fall faster than Bitcoin (ie Bitcoin dominance recovers somewhat but has to wait for the next bull market to go really high.)

This is just my own opinion, but I believe that the majority of the world wants Bitcoin and will get rid of their altcoins in a bear market to be wealth assured.

If you want to earn and invest in btc but do not really have the capacity to buy it for now, altcoin can be one of the best options to invest on. Altcoins are comparatively much volatile than btc so make sure you are always checking the chart. You can do spot trading and be a scalper to gain profit that can help you buy the desired amount you want on btc. You can also buy altcoins that show potential and hold it until it skyrocket.

Although remember that like what i previously said, altcoins are much volatile, meaning it possess higher risk if ever you want to invest on it. I agree with what you said that because altcoins has much smaller market cap, it's way too easy to manipulate unlike that of btc. You can still invest in both if you want to diversify your funds. Personally, i hodl btc and some altcoins that i think will soar in the future.

[ipanks]

Bitcoin will be the first thing we should have and then altcoin because bitcoin can give us a big profit. Some people are trying to buy altcoin first then buy bitcoin because they think that with so many altcoins at the market, they can get huge profits from various coins and that profit can be in bitcoin forms. So that means it will be the same thing because, in the end, they will have bitcoin and be ready to sell at a high price.

But I suggest you buy bitcoin and altcoin to give you a chance to make more profit. It will depend on each people because I am sure that we have a different plan to make a profit.

[zeuner]

I have been watching this market for a long time.

It seems that in the early part of a bull market, Bitcoin goes up faster than altcoins (ie Bitcoin dominance goes up.)  In the late part of a bull market, Bitcoin still goes up but altcoins go up even better (ie Bitcoin dominance goes down.)

In a bear market, altcoins fall faster than Bitcoin (ie Bitcoin dominance recovers somewhat but has to wait for the next bull market to go really high.)

So, it would seem the correct play is to buy altcoins at this point, and then convert them into Bitcoin (or sell) when you see the bull market ending?

Any thoughts?

[I used to post as BobK71, and am using a new account after some logistical mixup.]

This approach might cease to behave as expected when the traded volume goes up. This is because the market cap of altcoins is usually much lower than that of bitcoin, making the exchange rate more sensitive to large trades.

[Pulsar77]

These days seem to be better for making an altcoin investment. For example, Ethereum price reached a level over $3.8k today. Even though Bitcoin struggles to rise highly, Ethereum doesn't care about it and it moves on. However, Bitcoin price has finally broken three resistance levels respectively ($48k, $49k, $50k) again. It is also a very good choice to invest considering especially a long-term investment.

[RealMalatesta]

Bitcoin is the dominant currency among cryptocurrencies. In the long run, investing in it will be more profitable and will yield higher profits.
The market value of altcoins is still relatively small, generally following the rise and fall of the price of Bitcoin, but the fluctuation range will be greater than that of Bitcoin.
You can choose Bitcoin and relatively safe and reliable altcoin portfolio investment to reduce risks and loss of profits.

Bitcoin has always dominated the market, so of course the risk of investing in Bitcoin is lower than altcoins. So it is safer to invest in Bitcoin than
altcoins, especially if we are planning a long-term investment, Bitcoin is the best choice. Even altcoins price movements usually follow Bitcoin
price movements. Another advantage of Bitcoin is that if the price falls, it recovers faster than altcoins. Especially for beginners, it is better to focus
on investing in Bitcoin, because making a profit from Bitcoin is indeed easier than investing in altcoins. We just need to be patient waiting for
the Bitcoin price to reach the sell target we want.

The problem here is that when you have something that is low risk, then you usually have low reward with it as well and that is what some people are afraid of. I mean think about it this way, if you have two options, option A is either make 2x profit or lose 50% and option B make 10x profit or lose 90%, then which one would you pick? Many people pick option A which is bitcoin and that is why it is high ranked as well, I understand it and it is certainly something that we should promote, however there are some that pick option B as well, which is basically the option that is altcoins and very risky ones as well.

I have seen people invest into things that looked like scams just so that they could get in, make a ton of money and get out before the scam happens. So, altcoins are not that horrible for some people.

[Wong Gendheng]

Bitcoin will be the first thing we should have and then altcoin because bitcoin can give us a big profit. Some people are trying to buy altcoin first then buy bitcoin because they think that with so many altcoins at the market, they can get huge profits from various coins and that profit can be in bitcoin forms. So that means it will be the same thing because, in the end, they will have bitcoin and be ready to sell at a high price.

But I suggest you buy bitcoin and altcoin to give you a chance to make more profit. It will depend on each people because I am sure that we have a different plan to make a profit.

Buying both of course is something that we must do, bitcoin has always been a measure of the price of altcoins so it is suitable to be the safest and most profitable long-term investment, while altcoins are the best opportunity for big profits in the short term, although today many altcoins continue to skyrocket such as BNB, Cardano and Ethereum.