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Author Topic: Bitcoin or altcoins  (Read 2222 times)
sunsilk
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September 20, 2021, 09:55:55 PM
 #141

Mostly altcoins depending on bitcoin, so investors have faith in bitcoin and want to stay with this but in this community we have some good number of pump and dump investors as well just because of them many altcoins move very quickly in both ways which help them to have very good profit in very short period but if you love to hold then surely you have to go with bitcoin.

For me Bitcoin is much better choice as investment because many times we have drastically changed in altcoins which hurt very badly even we lost some good amount of fund even many peoples reach to bankruptcy.
As the very typical choice, bitcoin is the wise choice.

But not every investor has their the same type of fondness with investing especially in cryptocurrencies. There are barriers like the price of it for which the new investors will likely complain telling how expensive it is.

It is without any doubt as the choice of most and the best to hold but even if we tell it as the best to those some that dislikes it and looks for alts, it won't really matter.
Bitcoin could be the biggest choice, it could even be the best choice, but it is not the only one. Look at all of marketcaps, bitcoin is nearly 840 billion dollars in marketcap, look at the total at CMC and you will see it is 1.9+ trillion dollars. That means 1.1+ trillion dollars in all other coins combined and that is just the CMC registered ones, there are many that did not break into CMC as well but they are usually small tiny bad stuff.

I would suggest you that bitcoin should be biggest piece of the pie when you are investing, but it should not be the only one neither. Get bitcoin with 50% of your investment but also do not forget to use the other 50% for some other stuff as well. That way you will be able to get some other stuff that will make you richer a lot faster than what bitcoin could do, certainly a great method of diversification to lower risk as well.
Yes, we all know that it is not the only choice that you can choose from the market. As I've said, it is the usual choice of everyone. So if you think that there's other more that you can add on it, you pick your own altcoins.

The investing style of others of adding a lot of altcoins is also typical but owning bitcoin, a big part of your portfolio containing bitcoin is also the strategy of many that has been proven and shown best results after a year or two.

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September 20, 2021, 11:03:38 PM
 #142

I always think that Bitcoin is always the best, and it is better than altcoins. However, in what cases?
So far, we are sure the existence of altcoins is because of Bitcoin itself. Bitcoin is the father of crypto, that is the first and never be replaced.
Should we compare each other? We also know that many altcoins are worthy, promising, and also real enough with the use cases. But, we also realize the numerous shitcoins that are very not worthy, shits, and also scams.
So, I think that we still choose better Bitcoin and of course choose also altcoins that are really good, having good and realistic fundamentals and user cases, have great and strong team, and also have good track records. Moreover the top altcoins.

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September 21, 2021, 05:15:53 AM
 #143

bitcoin will always be the best at least for the next few years, but altcoins are now quite good even though they can't be separated and still follow bitcoin prices but altcoins I think are quite tempting, apart from the price is relatively cheaper altcoins also have a pretty good market capitalization at least for now.
but if there is an option between choosing bitcoin or altcoin I think I will make the third option which is to buy both.
because indeed both are quite good even though in altcoins only a few are good but it is not wrong to adopt both because they are equally profitable.

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September 21, 2021, 05:59:56 AM
 #144

bitcoin will always be the best at least for the next few years, but altcoins are now quite good even though they can't be separated and still follow bitcoin prices but altcoins I think are quite tempting, apart from the price is relatively cheaper altcoins also have a pretty good market capitalization at least for now.
but if there is an option between choosing bitcoin or altcoin I think I will make the third option which is to buy both.
because indeed both are quite good even though in altcoins only a few are good but it is not wrong to adopt both because they are equally profitable.
Leaving some top 10 coins in the coinmarketcap i feel alll the coins are some how dependent on bitcoin, when bitcoin goes up all the crypto market goes up and when it goes down all the coins goes down so there is no comparison between them.

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September 21, 2021, 10:25:59 AM
 #145

Some time maybe you can buy with shit coin with margin 50$ until $400 because with shit coin can raise almost 30x and never found with top altcoin, I know with risk but you have entry on the early and hit target above 10x sell half and wait for half with your shit coin pump. Not impossible for shit coin raise more than 30x but always entry on the early.
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September 21, 2021, 07:00:10 PM
 #146

In my opinion, which one is better, bitcoin and altcoin, I prefer Bitcoin, because when the price of bitcoin falls, the prices of all altcoins also fall.  But if the price of Bitcoin goes up, the price of altcoins doesn't go up following the movement of Bitcoin.  I really wonder what happened to altcoins.
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September 22, 2021, 02:59:09 AM
 #147

I didn’t have any BTC right now. The last time that I hold Bitcoin was on early December 2020 before that big pump commenced. I still regretted that day when I’ve sold my BTC for USDT. Now I am holding mostly ETH and some of the altcoins that I’m bullish until today. However, most of the coins and tokens that I have in my wallets are nothing but shitcoins lol.

Well it's still not too late to invest in Bitcoin again because we just had a dipped. You might regret it again when Bitcoin reached $100,000 someday. Although it's uncertain when, but the possibility is still there just like how we all dream of getting $50,000 each.

The point is that the opportunity is still wide open, Bitcoin/Altcoins is still a hope that promises profits in the long term, here a strong commitment and patience is really needed. Although we don't know for sure when it promises high profits, the popularity and role of Bitcoin/Altcoins itself are increasingly prominent in today's economic life, this has the potential to reach the future.
I think that sometimes what happens is the best, I am sure that if I had not sold BTC you would not have learned something, however if you have shitcoins, it is not bad, just take advantage of them, when you have a profit of x2, x3 you change it to BTC, or simply looking for another opportunity with another currency and so on, but the teaching you must take is unique, perhaps that is the way to help you see other types of investments in the crypto world, and thus quickly achieve BTC Getting to BTC is difficult, in fact I have never been able to have 1BTC, but I am sure that one day I will be able to have it or even more, but the way to do this you must discover it, I think that all this is a teaching.


We've once been on that road where the altcoins we hold could be the next Bitcoin. Apparently, it's not happening. None of the altcoins I have held for years since 2017 had actually climbed the ladder like Bitcoin in fact some of the teams disappeared already. The one that follows is ETH but its gap is just too far.

I'm not sure anymore if there will be a community that will really use the altcoin as intended by the team. It only feels like they are snatching satoshis from investors.  Nothing compares to BTC.


I hope that that season can come again, and you are right in 2017 there were so many projects that any one entered was won, in fact many alts had their own internal forum and it was increasingly exciting, updates were followed a lot and You could earn a lot by investing and working, of course currently things are different, I have seen that it is no longer the same trend, now it is different, what I have seen most that is being developed are some new tokens through NFT projects and those that are NFT games are much more promising, maybe that is where everything can come.

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September 22, 2021, 09:55:20 AM
 #148

In my opinion, which one is better, bitcoin and altcoin, I prefer Bitcoin, because when the price of bitcoin falls, the prices of all altcoins also fall.  But if the price of Bitcoin goes up, the price of altcoins doesn't go up following the movement of Bitcoin.  I really wonder what happened to altcoins.

The price of altcoins depends on bitcoin, this is because almost all altcoins always make bitcoin a partner when trading, bitcoin is certainly better than altcoins but in my opinion for big profits we have to invest in altcoins even with small portions.
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September 23, 2021, 04:58:19 AM
 #149

If anyone want to become a millionaire of crypto market then hold both bitcoin and altcoins. Bitcoin is the king of the crypto currency coin. Because it is the first crypto currency coin. And altcoins are the alternative coins. There is a relation between the altcoin coins and bitcoin. Because when bitcoin price grows then altcoins grows. And when bitcoin price dumps altcoins prices dumps. I discuss about all the altcoins. But there are many other factors such as dominance that impacts on the price of bitcoin.

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September 23, 2021, 06:46:12 AM
 #150

Never think that much but i am usually if i heard people start to say there a bear trend, usually i morely holding my fiat or keep holding my bitcoin if i already late to sell it. Altcoin is only for mid or maybe short term trading that is why i am not much holding into altcoin. I think both as investment will be good and maybe one can help to recover the others, but for a note make sure altcoins that we hold is right coins and not from speculation only. It is better than keep swap bitcoin-altcoin vice versa every market moved.

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September 26, 2021, 02:02:22 AM
 #151

Bitcoin is the foundation of cryptocurrency and it dominates the crypto market. Bitcoin is the best choice for long-term investment, and its risk is less than that of altcoins.

The price changes of altcoins usually also change with the price of bitcoin. When the price of bitcoin rises, you can also choose safer altcoins, and their prices will rise follow the trend.
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September 26, 2021, 02:11:33 AM
 #152

bitcoin will always be the best at least for the next few years, but altcoins are now quite good even though they can't be separated and still follow bitcoin prices but altcoins I think are quite tempting, apart from the price is relatively cheaper altcoins also have a pretty good market capitalization at least for now.
but if there is an option between choosing bitcoin or altcoin I think I will make the third option which is to buy both.
because indeed both are quite good even though in altcoins only a few are good but it is not wrong to adopt both because they are equally profitable.

Bitcoin dominance already proven for a decade now and if we will going to choose which one is good for investment then it will always bitcoin but as of now we can't also deny that altcoins are doing better today that it could be also a good asset to adds up in your wallet. So if I would be going to ask why would choose between the two if you could have the opportunity to have both. OP's idea to buy altcoins which has a good growth and could give investors a good return of investment then after getting an ROI put some to buy bitcoin for me is a wise decision.
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September 26, 2021, 02:50:03 AM
 #153

bitcoin will always be the best at least for the next few years, but altcoins are now quite good even though they can't be separated and still follow bitcoin prices but altcoins I think are quite tempting, apart from the price is relatively cheaper altcoins also have a pretty good market capitalization at least for now.
but if there is an option between choosing bitcoin or altcoin I think I will make the third option which is to buy both.
because indeed both are quite good even though in altcoins only a few are good but it is not wrong to adopt both because they are equally profitable.

Bitcoin dominance already proven for a decade now and if we will going to choose which one is good for investment then it will always bitcoin but as of now we can't also deny that altcoins are doing better today that it could be also a good asset to adds up in your wallet. So if I would be going to ask why would choose between the two if you could have the opportunity to have both. OP's idea to buy altcoins which has a good growth and could give investors a good return of investment then after getting an ROI put some to buy bitcoin for me is a wise decision.
Already been a decade and it had proven out that there's no one could able to beat up bitcoin and replacing it on the peak spot but its never been an assurance that it would really able to last forever.

Basing up on the current condition of the market on where there are lots of alt which are really having that good real use case and more better than bitcoin when it comes to its applications but

still the community do still mainly support the main or father of all crypto and as an investor its not really bad to have lots of considerations too.

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September 26, 2021, 02:15:57 PM
 #154

Bitcoin is the foundation of cryptocurrency and it dominates the crypto market. Bitcoin is the best choice for long-term investment, and its risk is less than that of altcoins.

The price changes of altcoins usually also change with the price of bitcoin. When the price of bitcoin rises, you can also choose safer altcoins, and their prices will rise follow the trend.


Bitcoin benefits for being the first crypto, but if we pay attention to market trends, the bitcoin market cap continues to decline, this is because there are more and more good coins and continue to grow so that bitcoin's position can one day go down, but the most important thing for me is to always take profits from bitcoin because we don't know whether it's still profitable for the long term or not.
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September 26, 2021, 03:10:09 PM
 #155

Both, from a few weeks ago I started to invest in altcoins that show to be promising. I intend to vary well in the choices to have a lesser risk of losing everything or a lot.
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September 26, 2021, 03:17:47 PM
 #156

Both, from a few weeks ago I started to invest in altcoins that show to be promising. I intend to vary well in the choices to have a lesser risk of losing everything or a lot.

That's right, relying on investments in many places is certainly more profitable than just focusing on one place, if that place has problems then we are the same as pastor orator from far away.

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September 26, 2021, 06:02:39 PM
 #157

When you increase the market capitalization of Bitcoin by buying it, you will certainly affect it less than if you use altcoins, due to the difference in market capitalization. So you will influence the price of an altcoin more than Bitcoin and a better idea if you want to hold bitcoin you want a more stable and reliable cryptocurrency. That is the most sincere advice I give you and note that any investment is risky, if you invest with a small amount of capital the risk will be small but if you invest a large amount, the risk is small. The risks are very high, so always hone your market knowledge and skills to be a smart investor.

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September 26, 2021, 08:19:19 PM
 #158

Both, from a few weeks ago I started to invest in altcoins that show to be promising. I intend to vary well in the choices to have a lesser risk of losing everything or a lot.

That's right, relying on investments in many places is certainly more profitable than just focusing on one place, if that place has problems then we are the same as pastor orator from far away.
Really, I think the chance of a promising currency doubling or tripling is much greater than btc doubling its value at this point. I intend to start investing in eth too, in the long term I believe it can bring an interesting return.
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September 26, 2021, 09:59:31 PM
 #159

Both, from a few weeks ago I started to invest in altcoins that show to be promising. I intend to vary well in the choices to have a lesser risk of losing everything or a lot.

That's right, relying on investments in many places is certainly more profitable than just focusing on one place, if that place has problems then we are the same as pastor orator from far away.
I prefer bitcoin for a very long future Really, I think the chance of a promising currency doubling or tripling is much greater than btc doubling its value at this point. I intend to start investing in eth too, in the long term I believe it can bring an interesting return.

I prefer bitcoin for very long future promising opportunities in the future ,sounds very good but yesterday's increase was bullish for ethereum due to the increase in bictoin and apart from that ,there are many positive side of product updates ,It's possible that the price will increase in the future so we'll just have to wait together

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izsara
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September 26, 2021, 10:12:13 PM
 #160

Both, from a few weeks ago I started to invest in altcoins that show to be promising. I intend to vary well in the choices to have a lesser risk of losing everything or a lot.

That's right, relying on investments in many places is certainly more profitable than just focusing on one place, if that place has problems then we are the same as pastor orator from far away.
Really, I think the chance of a promising currency doubling or tripling is much greater than btc doubling its value at this point. I intend to start investing in eth too, in the long term I believe it can bring an interesting return.
this happens because altcoins have a smaller price capitalization than btc.
and very naturally it will feel more profitable because the price is even smaller.
when btc goes up altcoins will definitely go up several times but conversely when btc goes down altcoins will even go down more.
actually it is reasonable with the capitalization of the profits will be very much but the risk of losing it will be a lot too.

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