Better than accumulating altcoins?

[hd49728]

Since everyone are saying BTC is more reliable for long term hold than altcoins do you think it's a good idea to start accumulating bitcoin right now? Can 5$ per day on BTC makes any changes in few years later?

Easy to answer if you know this page: https://coinmarketcap.com/historical/

Historical snapshot of top coin marketcap. You can see how many altcoins that were created years ago after Bitcoin and still have been live now. Most of them fall beyond top coin marketcap and many of them already are dead coins.

Not all altcoins will be dead but most of them do and it is why people say that Bitcoin is the safest coin in crypto market.

[pieppiep]

$5 will give you bitcoins of 0.00011542, depending on the bitcoin price at the time. If you are okay with the amount of bitcoins you will get, you can start investing in bitcoins and prepare some funds for a month or up to the limit you want. Maybe it would be better if you invest once a week or once a month because I feel investing every day with the same amount of money will be boring because we will do the same thing every day. Maybe you can set a schedule for investing that you want or stick to your original plan. It's just a suggestion for you.

[taufik123]

Buying in stages and paying in installments every day or every week is the right way. This includes the DCA (Dollar Cost Averaging) strategy, which is a regular savings strategy where you invest an amount of money every day, every week or every month in a disciplined and continuous manner.
It's never too late if you want to start. You should also know how to enter the market and know some basic trading knowledge. Don't just enter the market without knowing what trading knowledge is, because it will make you panic when the price is not as expected.

[RapTarX]

Can 5$ per day on BTC makes any changes in few years later?

$5 a day is $150 a month which I guess isn't a big amount. Within a few years, I guess we will not have bitcoin price in a million (well, we may see that as well LOL). Anyway, if you are planning to follow DCA, I guess instead of having BTC purchased daily, you would rather go with a weekly period and spent weekly $35. That would be great.
A simple piece of friendly advice; use a hardware wallet to store your BTC. Otherwise, you would risk your future.

[Mpamaegbu]

Since everyone are saying BTC is more reliable for long term hold than altcoins

Whatever you read here on price actions and movements are all speculations and predictions. Don't take anything anyone says with certitude. Leave room for doubt. I had to say that so you know there's no guarantee that Bitcoin will make you profit when you invest too. You're responsible for your own investment. Don't invest based on other people's conviction. DYOR.

do you think it's a good idea to start accumulating bitcoin right now?

Around this price, yes it's good.

Can 5$ per day on BTC makes any changes in few years later?

Yes, just accumulate the $5 weekly or monthly and buy instead of buying daily so you can avoid transaction fees which will eat into your little purchasing power.

[Coyster]

Since everyone are saying BTC is more reliable for long term hold than altcoins do you think it's a good idea to start accumulating bitcoin right now? Can 5$ per day on BTC makes any changes in few years later?

Bitcoin is definitely more reliable than altcoins, but mind you, that is the case if you are a long term investor, because Bitcoin is a long term project, thus if you are one of those investors who are in a hurry to make ROI and exit the network, then Bitcoin is not your best bet, and you may actually be better of with altcoins. The thing with most altcoins is that they are pump and dump coins and if you are only lucky to invest at the right time, then you can make good ROI quickly before it dumps. But the reason we rate Bitcoin as being more reliable is that if you take a look at its historical price movements, you'll understand that it does not matter how many correction periods happen, it will always in the long run bounce back and generate profit for its hodlers.

[BIT-BENDER]

Since everyone are saying BTC is more reliable for long term hold than altcoins do you think it's a good idea to start accumulating bitcoin right now? Can 5$ per day on BTC makes any changes in few years later?

Investment, is defined in various ways but the most important factor to consider while investing is your personal factors, what you want from the investment you made will not Tally with mine, now you trying to buy $5 Bitcoin a day. I am suspecting this would be a long lasting action from you of so mate then you need to have you plans, good a thing Bitcoin has a visible dollar value so you can ask yourself with is good enough profits for you and bad enough lose, everything about this is all your to make, answer and choose.

[Smartvirus]

$5 a day, that would be $5 in a week makes ($5 × 7days = 35) and in a year ($35 × 52weeks) = $1820.
It would make a huge difference. Well, it greatly depends on the nation state your from but with the fact that that bitcoin is ever rising and in most cases, the rising comes with the bitcoin halving, your sure to make some cool profit when you buy during the bearish market days. The idea about it is that, bitcoin isore promising or assuring than any other altcoin out there. The probability of success on it is 1. That's a constant as we see it but when it comes to altcoins, it's a gamble and we all know how gambling goes. It pays to have bitcoin so, give it a chance.