invest in bitcoin or altcoin?

[cydrix]

Hi, I'm newbie in this forum.
I recently found out about bitcoin from my friend. Then I am interested in investing. But after I found out, that coins are not just bitcoin but there are also coins (altcoins).

I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?

I'd suggest you invest in bitcoin than any other coins because you will just throw your money if you put it on altcoins. If you want to invest in altcoins don't put too much on it since it is very risky and you don't know if the altcoin can survive the market.

Confused about which one better for investing between Bitcoin or altcoin? I think spent with your portfolio for both where spent 50% for Bitcoin and left from your saving invest in Altcoin. Its seems good ideas because you can take profit with altcoin or bitcoin investment but keep waiting for investing when price drop.

For altcoin maybe I can recommended with Litecoin, Binance coin and Ethereum, another altcoin are potential but I don't really recommended due high risk later when price going dump.

I think you should increase it to 75% for bitcoin and the 25% left is for altcoins what you think is best but I like your recommended altcoin like Litecoin, Binance and ethereum.

Do your own research before buying those coins!

[bounceback]

-snip-
I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?

Investing with bitcoin will be safer than investing with altcoins because so far bitcoin is the only Cryptocurrency that investors are most interested in on the market among thousands of other coins and so far bitcoin has proven to be able to survive in any situation, thus making many people believe that bitcoin is very good to invest especially for the long term, but sometimes some of the top altcoins like ETH, BNB and LTC in my opinion are also worthy of being used as an alternative but if investing with altcoins make sure don't buy shitcoins just focus on coins that already have strong fundamentals.

[acroman08]

I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?

it would be better to invest in bitcoin but I think you should learn more about bitcoin or cryptocurrency in general before investing in anything. I am pretty sure once you learned enough that you'd most likely share your friend's opinion as to why he recommended that you invest in bitcoin. you might even realize that some altcoins are worth investing in.

[Smack That Ace]

Hi, I'm newbie in this forum.
I recently found out about bitcoin from my friend. Then I am interested in investing. But after I found out, that coins are not just bitcoin but there are also coins (altcoins).

I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?

In terms of safety, it can be said that bitcoin is the safest on the market, so it can be said that bitcoin is the first choice.

It sounds like you are still very new, and you only heard about the market from your friend, so I advise you to arm yourself with knowledge before investing in anything, even if it is not cryptocurrencies. Knowledge is power, the only key to success. Bitcoin is considered the safest, best investment, but if you do not have the knowledge and invest it blindly, you will still lose. No one succeeds in any field without knowledge of that field.

[Qiubell5]

many people advise you to invest in bitcoin. and I also advise you to invest in bitcoin. because I think bitcoin is safer and better than altcoins.

[KupaCrypto]

Investing in bitcoin is more reliable that altcoin, most altcoin don't have the foundation bitcoin already has and might not stand the test of time unlike bitcoin that has stood and still standing the test of time,

Tho investing in altcoin is risky and might also prove to be a smart one because the increase value of the altcoin might just be around the corner,
 Altcoin are good to invest in just invest and forget you invested, but I will always invest in bitcoin anyday and anytime over altcoin. Bitcoin is more reliable and safer than altcoin so investing in it won't really be a big risk, the only risk you thinking about is the rise and fall in value compared to some altcoin who might just loose its entire value.

[tvplus006]

...I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?

Bitcoin is a more reliable coin, so the risk of losing your money will be much lower than when investing in altcoins. This is the recommendation that beginners should adhere to, since they cannot independently conduct research and choose several of such a huge number of altcoins. When you acquire the necessary knowledge and experience, you will be able to independently choose an object for investing in altcoins, which may bring you more profit than when investing in BTC.

[bitzizzix]

The simple answer is Yes. But it took a lot of learning and guidance before it got to where I am now. The fact is not everyone is willing to sacrifice their time and money, especially if they don't get instant gratification.
bitcoin is the best choice in investing especially in the long term, but that does not mean some altcoins are not good either. It all depends on your own beliefs and analysis, and for sure bitcoin is the best among other cryptos and also the safest and also very profitable in the long term as long as you believe and have strong patience to make good profits.

[Jatiluhung]

you need to make your plan beforehand. Do you want to invest for the long term. or are you going to invest for the short and medium term. Or maybe you want to plan everything.

I personally only invest in bitcoin if it is for the long term. while I only buy altcoins to be used as short and medium term investments

You also need to know that altcoins have a higher risk than bitcoin. this is what makes bitcoin the only one I choose for the long term. But you also need to know that altcoins sometimes have a high potential for increase. it's just that you shouldn't be careless in investing in altcoins.

[kamvreto]

you need to make your plan beforehand. Do you want to invest for the long term. or are you going to invest for the short and medium term. Or maybe you want to plan everything.

I personally only invest in bitcoin if it is for the long term. while I only buy altcoins to be used as short and medium term investments

You also need to know that altcoins have a higher risk than bitcoin. this is what makes bitcoin the only one I choose for the long term. But you also need to know that altcoins sometimes have a high potential for increase. it's just that you shouldn't be careless in investing in altcoins.

high upside potential will only occur in well-developed altcoins such as Ethereum, BNB and top altcoins. The altcoin will have more potential. But for new altcoins it's still not visible, but some I see are able to experience significant increases such as APTOS which was hype and became a trending topic because of the extraordinary increase and became a new network in crypto. it is not easy to find similar altcoin projects that will have good potential, it is necessary to do detailed research on each project to be involved. At the moment bitcoin is indeed the best for the long term, no one doubts it. Even the current bitcoin price is still quite cheap before reaching ATH $100k. Investment in bitcoin is the main investment and altcoins are optional investments that you can choose or not.

[Aliosky]

Bitcoin investment is safer than altcoin investment. But compared to Bitcoin, altcoins can generate gains more quickly. Due to the low value of altcoin, excellent quality is quickly pumped up, and even with a tiny investment, it is possible to make significant profits from this swiftly. However, there is also a big danger because it is very challenging to determine which altcoin is the most likely coin because there are so many on the market. With altcoins, it's simple to lose value and even go extinct, but that's not the case with bitcoin.

In my opinion I believe bitcoin investment is the best investment but in crypto you should not just invest in a coin just because you are yold to do so no matter assurance you are given. Instead you should do your research and decide on the best coin to invest.

[ZAINmalik75]

Hi, I'm newbie in this forum.
I recently found out about bitcoin from my friend. Then I am interested in investing. But after I found out, that coins are not just bitcoin but there are also coins (altcoins).
I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?

Welcome to the form !
For investment in Cryptocurrency I think the best option and safe option will be the founder of crypto name Bitcoin, I am not against any altcoins but after huge ancident of alts coin like Terra Luna and FTT it hurt the investor trust , now people feel uncomfortable for investment in any alt coin because any coin can make scam any time rather the Bitcoin. I know it's not easy for everyone to afford the entire Bitcoin due to high price but trust me it will safer for your saving, you can buy half or half quarter of Bitcoin, it's upto you.

[Patrol69]

You only heard from your friend that you can invest in Bitcoin.  You cannot take such a big investment decision just by hearing from your friend. And you said that bitcoin can be invested in other coins as well. Listening to you, it seems that you are interested or encouraged to invest only after hearing the good aspects related to investment from your friend. But if you don't have enough knowledge about investing, you can face a lot of losses by investing. So don't get so excited to invest just by hearing from someone, take some time and get a good idea about the investment first. Then you decide to invest.  But the bottom line here is that you want to know whether it is better to invest in bitcoin or ALT coins I will always say investing in bitcoin is better. Because all other coins in the market are dependent on Bitcoin. And you get the confidence by investing in Bitcoin that all other coins don't. So I will tell you first enough understanding about investment then invest Bitcoin.

[Coyster]

I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?

If i were you i'd prolly not be confused and invest in Bitcoin straightaway, but that's because i know that Bitcoin has an actual utility and is quite different from most altcoins without any utility at all. Because Bitcoin has an actual utility it is sustainable for the long term, thus you can hold your coins for as long as you like, but with altcoins you have to be actively checking for when it is either going to pump or dump, you basically have to buy before it pumps, and sell before it dumps, that's the nature of altcoins and why it's somewhat like you're just gambling.

[Queentoshi]

Hi, I'm newbie in this forum.
I recently found out about bitcoin from my friend. Then I am interested in investing. But after I found out, that coins are not just bitcoin but there are also coins (altcoins).

I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?

I will Prefer you invest in Bitcoin because Bitcoin is not like other coins, for years now Bitcoin has been the standout among other coins, so investing in bitcoin will bring you a lot of profits and peace that your investment will not just fail. All those altcoins cannot be trusted on like Bitcoin. But one thing you should know about investment in bitcoin is that it is all about patience. It is advisable that you invest and keep investing, but make sure you invest an amount you can lose. 

[erep]

For investment in Cryptocurrency I think the best option and safe option will be the founder of crypto name Bitcoin, I am not against any altcoins but after huge ancident of alts coin like Terra Luna and FTT it hurt the investor trust , now people feel uncomfortable for investment in any alt coin because any coin can make scam any time rather the Bitcoin. I know it's not easy for everyone to afford the entire Bitcoin due to high price but trust me it will safer for your saving, you can buy half or half quarter of Bitcoin, it's upto you.

The case of FTT and Luna is the dark history of the top altcoins that have ever happened and maybe it will not be the last altcoin that will end badly, there is a possibility that many other altcoins will follow in the footsteps of the coins in the future, so be careful when deciding to invest in altcoins and it is better to invest completely BTC for the long term, even if you choose some altcoin investments, you should analyze more thoroughly and check the progress of the project every time to avoid the possibility that the project may crash at any time.

[kawetsriyanto]

yes, maybe I should learn more about bitcoin and altcoins first. I'm also worried that I will be too greedy and end up investing and end up losing.

It is a good decision. Do deep learning or further learning about Bitcoin and altcoins first if you are still not really sure about them. No need to hurry to invest in Bitcoin or altcoins, learning should be your priority since your are a beginner. When you think you are quite confident and already get sufficient knowledge about Bitcoin/Altcoins, you can make your own decision whether to invest in Bitcoin or altcoins (or invest in both).

However, it is true that investing in Bitcoin is truly safer than investing in altcoins. You must ever heard that people call Bitcoin is the king of crypto, that's because Bitcoin is like the gold in crypto or main crypto coin. And you must realize that BTC is always in number 1 on CMC although altcoins often changes their positions. That's pretty clear that BTC is much stronger than others, and it potentiually survive more than others.

DWYOR

[Rengga Jati]

Hi, I'm newbie in this forum.
I recently found out about bitcoin from my friend. Then I am interested in investing. But after I found out, that coins are not just bitcoin but there are also coins (altcoins).

Hi there, welcome.
I hope that you can have enough time to learn more about cryptocurrency.
Yeah, cryptocurrency is not only Bitcoin but also these altcoins. And you can find thousands of altcoins in the market. I am sure that you will be probably confused about those lots of altcoins to choose. But, don't take it hard.

I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?

Because you are new in crypto investment, I do really agree with your friend, investing in Bitcoin is the best thing to do for you.
There are some reasons why should be Bitcoin. Besides this is the first crypto that of course has a best value and market cap than altcoins, we also have to know the cycle of Bitcoin. This era is in the bearish era which the market is still under the price. That is why this era is a good time for you to buy Bitcoin in a low price and then hold the coins until at least the next bullish era, it will be probably around 2024-2025 or more. You can watch the market to analyze the time.

Investing in Bitcoin is risky, but I think that it is a higher risk to invest in altcoins. What you need is to get your fund and risk management. You may see some days later, the price of Bitcoin may be changing to be crashed or rising up, don't panic because it is very normal. the price of Bitcoin is very volatile which is why you must be patient when investing in Bitcoin especially. You need to wait for it to reach the next bullish era at least to take profits. This will be worthier.

[Hyphen(-)]

I'm confused, should I invest in bitcoin or other coins? In my friend's opinion, he suggested investing in bitcoin. But what do you think, is it better to invest in bitcoin or other coins?

Because your friend invited you and advised you to invest in Bitcoin, it means that Bitcoin is the best and safest option for you.

There is a significant risk associated with Bitcoin and cryptocurrency investment; some altcoins are excellent and have a promising future that can be relied on, but they all rely on Bitcoin. Bitcoin price movement determines the movement of other coins (altcoins), which simply means that they all rely on Bitcoin, whereas Bitcoin is self-contained.

You can do more research on it before investing so that you don't end up regretting your decision.

[JoyMarsha]

As a newbie in crypto that wants to join his friend in investing in crypto. I would advise you to start by diversifying your investment in bitcoin and 20 top altcoins (80% bitcoin and 20% altcoin). Keep in mind that crypto investment is not a get-rich scheme. You invest with the amount you can afford to lose. Don't invest if you don't understand how the volatile market works. But if you are ready to take that risk, lucky you as you invest and hodl patiently.