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Author Topic: invest in bitcoin or altcoin?  (Read 368 times)
nicolas222
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February 10, 2023, 11:35:57 AM
 #41

Personally i would say bitcoin, altcoins are too variable, risky
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February 10, 2023, 12:16:19 PM
 #42

Control yourself OP when you're feeling greedy. You're just starting out and you'll know yourself better when you're already there.
But the best to start with is always bitcoin. Check the altcoins out when you think you've got sufficient bitcoin holdings. I started with bitcoin and later on learned some altcoins but still, nothing has changed because I sold too early and missed the greater profits. But other than that, still I'm in profit when I've made those.

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February 10, 2023, 12:40:33 PM
 #43

Personally i would say bitcoin, altcoins are too variable, risky
You have a very good choice, but in my experience, you have to know how to trade before you gain much from Bitcoin unless the halving periods. The trading will afford you the opportunity of earning from both bearish and bullish moments in spots and futures trading. The price of Bitcoin is already large, holding during a normal time would only amount to little or no gain.

On the contrary, altcoins are many, one can select a good one with a low price that might outshine Bitcoin to give profits in multiples, even in holding.

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February 10, 2023, 02:43:48 PM
 #44

Control yourself OP when you're feeling greedy. You're just starting out and you'll know yourself better when you're already there.
But the best to start with is always bitcoin. Check the altcoins out when you think you've got sufficient bitcoin holdings. I started with bitcoin and later on learned some altcoins but still, nothing has changed because I sold too early and missed the greater profits. But other than that, still I'm in profit when I've made those.

I feel it is not just greed that is only the problem of op, I think he is confused and lack knowledge to know which is the best to start from. No other altcoins can be compared to bitcoin in everything.  A beginner who is planning to start investing in altcoins,  it is just as if pouring water into the basket. Bitcoin is very reliable and it is better beginners start with it,  I see investing in altcoins as playing gambling to try luck if it will work out or not.

R


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February 10, 2023, 02:54:40 PM
 #45

Op it's better to do your own research in order to know more about Bitcoin and altcoins but most user here in forum if you shared to them what are the best for investment then for sure bitcoins will be the choice cause we all know that Bitcoins is the king of crypto and trusted enough. While investing in altcoins which is very risky because some altcoins are only in the beginning. And in the end it will make you lost.
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February 10, 2023, 04:59:27 PM
 #46

The best digital currency for a newbie is Bitcoin, it takes no time to understand what bitcoin is all about, but in the case of altcoins, there are too many things to be cautious about, there are a few things you need to learn about altcoins, they are too risky but more profitable when it comes to return of investment, do not be fooled by the profits you can make from altcoins, because you can also make a huge loss too.

Bitcoin will bring ease to your mind compared to altcoins and I can assure you that Bitcoin will bring you returns on the long run, as for altcoins it's probably, they can die on you any time, so I can't assure you on that.

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February 11, 2023, 06:37:40 AM
 #47

Control yourself OP when you're feeling greedy. You're just starting out and you'll know yourself better when you're already there.
But the best to start with is always bitcoin. Check the altcoins out when you think you've got sufficient bitcoin holdings. I started with bitcoin and later on learned some altcoins but still, nothing has changed because I sold too early and missed the greater profits. But other than that, still I'm in profit when I've made those.

I feel it is not just greed that is only the problem of op, I think he is confused and lack knowledge to know which is the best to start from. No other altcoins can be compared to bitcoin in everything.  A beginner who is planning to start investing in altcoins,  it is just as if pouring water into the basket. Bitcoin is very reliable and it is better beginners start with it,  I see investing in altcoins as playing gambling to try luck if it will work out or not.
Definitely you're right. People like OP is really confused on how they should start. They see people who have been doing well with altcoins and that's where the idea that if it's going good with the others, he thinks that it will also be awesome for him.
But that's not how it goes and it's hard to be on the same position because not every choice and investment that we do are going to have the same impact and result. He has to look at that part for him to check where he's really comfortable and good at. But without a doubt, to invest in bitcoin is the best start.

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February 11, 2023, 07:48:36 AM
 #48

Invest in both Bitcoin and Altcoins, make sure that you invest in Bitcoin more than altcoin in percentage because Bitcoin is more reliable long term, altcoins are very risky and you can lose money, but you can't lose money with Bitcoin unless you decide to sell when the present value on the market is not good enough.

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