Trade only Bitcoin

[Ricardo11]

Bitcoin is always ahead of alt coins, Bitcoin always gives us the highest security. So the possibility of loss in Bitcoin trading is less. But not all alt coins are bad. There are some alt coins that we can earn a lot of money by trading. So if you are good at trading it is possible to make good money from alt-coins as well. And Bitcoin is always the best for long term investment. So I don't think you should always trade in Bitcoin, if you have skills you can make a lot of money from alt coins too.

[Litzki1990]

There is no end to human learning from birth to death. Just like in trading there is a beginning of learning but there is no end of learning. When it comes to trading, a new trader learns how to profit in the market in the beginning and then increases his experience every day. No matter how much of a trading expert you are, a trader learns something new every day due to market volatility, rate hikes, military news and more. Trading carries a high level of risk, especially in a volatile market like Bitcoin. Bitcoin trading is never a guaranteed path to profit. Altcoins can be valuable assets for trading at low prices but bitcoins are so valuable that you can lose a lot of your money. There is no point in trading only bitcoins, there are many coins in the market that you can profit by trading with them. Trading is something you should always be prepared to lose.

You say you can lose money trading bitcoins and you suggest trading ALT coins on a small scale. I think you don't have much idea about ALT coins you might know about some ALT coins. I have seen so many alt coins that came in the market but created a lot of potential and lost from the market by cheating people without giving any returns, which alt coin do you ask me to trust where the market is completely dependent on bitcoin. Bitcoin is the leader of the entire market where Bitcoin goes all other coins in the market will go. Here it makes no sense to depend on any other coin without depending on Bitcoin itself. From what I know about Bitcoin trading I would say there is no safe currency like Bitcoin where you can trade or invest with confidence.

To my knowledge till date no trader has lost his money by trading in bitcoins rather he has successfully made good profits. If anyone suggests trading altcoins I would say it would be a completely wrong decision and unethical. People who have no idea about Bitcoin are only advised to trade altcoins but no user should take such offer and take the advice as it is likely to be a complete scam. We have seen many altcoins in the past become which people still remember and not invest there for but everyone believes in Bitcoin. Although altcoins provide higher returns in short term, when the market price of the coin drops, one can't re-issue and becomes a scam. Here Bitcoin is the most dependent currency as we know and all crypto currencies depend on Bitcoin. That's why it's best to invest your money in Bitcoin with the hope of being safe and profitable.

I have always considered Bitcoin to be safe regardless of investment or trading. Sometimes many people may make some money trading ALT coins and share that story but that story of temporary profit can't motivate me to invest in other coins or trade in other coins. It's not that I don't trade in other coins apart from Bitcoin, I do trade in other coins too but that's very rarely and to a limited extent. I don't see any good reason to trust other coins in the market leaving Bitcoin. If I ever find a good reason to rely on other coins in the market instead of Bitcoin, then of course I will trade or invest in all other coins in the market instead of investing or trading in Bitcoin at that time. Now I am quite satisfied with my bitcoin trading and investing.

[God bless u]

Trading is a lifetime skill that is always beneficial if you know what you are doing, the biggest mistake of traders is trading alt that most times doesn't obey market structure,
when it comes to cryptocurrency, trade only Bitcoin.
Bitcoin doesn't just give you profit, it gives you security, it obeys market structure, for the past 2yrs I have been trading, I only have losess only when I trading Alt, price action trading I utilize will trading always gives me result when trading Bitcoin, but when it comes to Alt I really do feel as if am gambling, so my fellow traders, trade only Bitcoin, I don't know if anyone feel the same way?

I understand your trading thought and i think it is true that Bitcoin follows a more predictable market condition if we compare it with  some altcoins. However diversification is also a very good strategy as I think instead of trading only in one coin.. we know that Bitcoin provides best security and best stability which is more safe trading but also some traders find opportunities in the volatility of altcoins..It depends on one user risk tolerance and trading strategy. We have to find the right balance between trading Bitcoin for stability and exploring volatile altcoins. This strategy can contribute to a diversified and potentially profitable portfolio. What do you think about diversification in trading?

[Dunamisx]

Bitcoin is always ahead of alt coins, Bitcoin always gives us the highest security. So the possibility of loss in Bitcoin trading is less. But not all alt coins are bad. There are some alt coins that we can earn a lot of money by trading. So if you are good at trading it is possible to make good money from alt-coins as well. And Bitcoin is always the best for long term investment. So I don't think you should always trade in Bitcoin, if you have skills you can make a lot of money from alt coins too.

If you're good at trading, you may add additional altcoins you know about them very well to your trading portfolio, but you must never make the mistake of retaining these altcoins for long before releasing them, they are only best advised for trading and not for a long time Investment because of the risk in them, if you're also trading bitcoin, you need to maintain learning about it constantly because making profits is not all about the currency involved, but how we are good at doing what we do know best.

[boty]

If you're good at trading, you may add additional altcoins you know about them very well to your trading portfolio, but you must never make the mistake of retaining these altcoins for long before releasing them, they are only best advised for trading and not for a long time Investment because of the risk in them, if you're also trading bitcoin, you need to maintain learning about it constantly because making profits is not all about the currency involved, but how we are good at doing what we do know best.

Trading with altcoins can certainly bring us profits if we choose altcoins that have the potential to bring us profits, yes you are right, we can only use altcoins for trading not for long-term investment, it is important for us to keep learning about Bitcoin when we If we have made an investment, don't let us stop learning about it so that we can't understand the right time to collect it. It would be better for us to do what we understand well so that we can benefit from what we have done.

[dimonstration]

If you're good at trading, you may add additional altcoins you know about them very well to your trading portfolio, but you must never make the mistake of retaining these altcoins for long before releasing them, they are only best advised for trading and not for a long time Investment because of the risk in them, if you're also trading bitcoin, you need to maintain learning about it constantly because making profits is not all about the currency involved, but how we are good at doing what we do know best.

Trading with altcoins can certainly bring us profits if we choose altcoins that have the potential to bring us profits, yes you are right, we can only use altcoins for trading not for long-term investment, it is important for us to keep learning about Bitcoin when we If we have made an investment, don't let us stop learning about it so that we can't understand the right time to collect it. It would be better for us to do what we understand well so that we can benefit from what we have done.

There are some altcoins that is good for long term investment such as Ethereum and other huge cap altcoins since their price growth is almost the same to Bitcoin since they are just following the trend.

Low caps altcoins are the one that is not good for long term investments especially those old projects that still low caps now since they are already dead and just slowly exit scam. I have a long term Ethereum and Doge that is still now in profit.

[Ben Barubal]

Bitcoin is always safer than ALT coins so trading with bitcoins will have less chance of loss but there are some ALT coins that I don't think would be too bad to invest in. Everything will depend on the trading skills, if you have perfect trading skills then it is possible to make good money by trading in ALT coins.  

I have always preferred Bitcoin for long term investment, and I believe that no coin can beat Bitcoin for long term investment, but in some cases I have noticed that trading ALT coins is relatively more profitable than Bitcoin.  

It is possible to invest the same amount of capital only the risk is slightly higher. If we can accept the risk then surely we can make profit by trading ALT coins as well.

  Most people who say in this forum that Bitcoin is a safer investment than altcoins, but most of the communities here in the crypto space industry who got rich and rose from poverty are actually because of other altcoins.

  And those who got rich in Bitcoin are those who accumulated a large number of bitcoins and sold them at a high price in the market during the times when the halving or bull run came, like now there is another halving and bull run coming next year. For sure, there will be holders of bitcoin and crypto who will get rich and change their lives again.

[R100K-Martin-Lunger]

I agree to a certain point. Bitcoin is the stable resource and it’s the solid backing crypto needs to thrive. I do believe that trading can definitely be profitable though but also as you stated can be definitely risky, you’re basically gambling if you enter without proper knowledge. I agree on that. I've myself have faced setbacks over the years but have learned to tread cautiously. But Through the setbacks I’ve also learned and I am now getting returns on my initial investments.
While people may discourage trading based on bad experiences, I think that with sufficient caution, research, and guidance from a mentor, It is possible to succeed. But without these safeguards, it will always be highly risky. I'd personally advise that you limit trading activities to around 70 to 80 percent of their equity, focusing on a majority of their holdings on bitcoin to minimize potential losses and 20 to 30 percent in Altcoin to actively trade and gain experience gradually or an amount you’re willing to lose and possibly gain.

If you have any questions you can contact me via my Discord: https://discord.gg/dCvaBZWNcG

[bettercrypto]

 For trading I prefer altcoins. But for long term I prefer bitcoin. If someone invests in altcoins for long term it can be big risk. Altcoins are very risky as any time altcoins can pump or dump a lot.  .If someone invests in bitcoin then he has no risk.To invest we have to take risk if we don't take risk we will never get anything good.I prefer bitcoin over altcoins.There is no risk of losing money if we invest in bitcoin.

Altcoins are attractive because, due to their high volatility, they can bring very large profits in a very short time. In order for Bitcoin to make x2, it will need very significant capital, and some shitcoin with a small cap can make x5 in one day, and these are not the greatest results. Bitcoin, by the way, also moves very well, so for trading it is also a good tool, and even more reliable.

Honestly speaking to people like this, I have seen many groups of signals on Facebook that go through ads on this platform that encourage people to join their signal group, and they say that the profit that they will teach is 100% sure.

There is something wrong with their ads. It's obvious that they are fraudsters and deceivers just to get members to join them, so if you don't know, those who watch the ads will actually fall for those ads. Actually, you can see many groups of signals in Facebook ads, which means that many people are being deceived.

[tottong]

Bitcoin doesn't just give you profit, it gives you security, it obeys market structure, for the past 2yrs I have been trading, I only have losess only when I trading Alt, price action trading I utilize will trading always gives me result when trading Bitcoin, but when it comes to Alt I really do feel as if am gambling, so my fellow traders, trade only Bitcoin, I don't know if anyone feel the same way?

Trading with bitcoin that has a strong structure will be much more likely to get commensurate returns because we can see how bitcoin's potential is during the trade. But what we should know is that it is not so bad when people trade with some other coins, as long as they are able to perform comparable market analysis skills. Trading with bitcoin can always provide a sense of security to people who do not have market analysis skills and that is why people prefer the safe route so as not to suffer unwanted losses. How much do you earn and how much do you lose because usually people will calculate this to make a decision on which trade to engage in next.

I was involved in several other coins and initially did get decent returns, but after that I lost almost all of it due to difficulty understanding the structure of the coin's journey in the market. Trading skills will be quite difficult to carry out on other coins because there are several conditions that make the coin not work according to our expectations so deciding to choose the safe one is the real way.

[Mate2237]

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I don't think trading is a lifetime technique though trading is profitable if you can do well with trading. Lolz. you made me laugh. is the movement of altcoins different from bitcoin? Though bitcoin is ahead of them all and all you have to do is to master the movement of altcoins so that when you are trading, you will make your profit. and another thing you have to know is that if you are not good with altcoins then focus only on bitcoin so that you will not loss. Bitcoin is the best in the trading platforms for now.

[EarnOnVictor]

 For trading I prefer altcoins. But for long term I prefer bitcoin. If someone invests in altcoins for long term it can be big risk. Altcoins are very risky as any time altcoins can pump or dump a lot.  .If someone invests in bitcoin then he has no risk.To invest we have to take risk if we don't take risk we will never get anything good.I prefer bitcoin over altcoins.There is no risk of losing money if we invest in bitcoin.

Altcoins are attractive because, due to their high volatility, they can bring very large profits in a very short time. In order for Bitcoin to make x2, it will need very significant capital, and some shitcoin with a small cap can make x5 in one day, and these are not the greatest results. Bitcoin, by the way, also moves very well, so for trading it is also a good tool, and even more reliable.

Let me say emphatically that Bitcoin has had its momentum in the past but it has gotten bigger now, there is not much an investor would make in it as profit anymore that would be like that of altcoins. At a price of almost $38,000 at present, Bitcoin is heavy on its own, and come to think of it, to make just x2 now, it needs an extra $738B market capitalization if we use the present capital size to judge it. But with some altcoins, that market cap would have moved them more than x50, so there is no way Bitcoin can outperform altcoins, they (altcoins) are still very little in their market size.

This is why we lovers of Bitcoin will still continue to keep it active by investing some money in it and still be trading it actively, but still try our luck to make money through altcoins that are just starting their investment life. They are still small in capitalization which is an opportunity to make money from them, especially for anyone who missed the opportunity when Bitcoin was still so small in price.

[fauzan Ichsan]

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I don't think trading is a lifetime technique though trading is profitable if you can do well with trading. Lolz. you made me laugh. is the movement of altcoins different from bitcoin? Though bitcoin is ahead of them all and all you have to do is to master the movement of altcoins so that when you are trading, you will make your profit. and another thing you have to know is that if you are not good with altcoins then focus only on bitcoin so that you will not loss. Bitcoin is the best in the trading platforms for now.

I don't think trading is a lifetime technique though trading is profitable if you can do well with trading. Lolz. you made me laugh. is the movement of altcoins different from bitcoin? Though bitcoin is ahead of them all and all you have to do is to master the movement of altcoins so that when you are trading, you will make your profit. and another thing you have to know is that if you are not good with altcoins then focus only on bitcoin so that you will not loss. Bitcoin is the best in the trading platforms for now.

[Tigerheart3026]

who's want to trade without risk only they should invest in btc, it must be for a very long term.
nope, i didn't trade only btc because it's for long term, i am trading with so many altcoins, because i need to profit in short term,
regular traders can't trade in btc because it's not pump in every day, they targeted such coins those will be possibility increase in a day or a few days.

[barisbilgili]

who's want to trade without risk only they should invest in btc, it must be for a very long term.
nope, i didn't trade only btc because it's for long term, i am trading with so many altcoins, because i need to profit in short term,
regular traders can't trade in btc because it's not pump in every day, they targeted such coins those will be possibility increase in a day or a few days.

When trading, there will certainly be risks and there is no trade without risk, so it is important for us to understand it well so that we can avoid the risk of losses that we might incur if we make mistakes in the trades we make.
I agree with your opinion, it would be better for us to use BTC to make long-term investments to make a profit and trade using altcoins which have good potential to make a profit.

[Bitcoinpoly]

The volatility of each coin varies, with Bitcoin having the lowest volatility. Trading simply Bitcoin would be preferable if you wanted to trade more safely, but the potential gain would be lesser than with altcoins. Trading alternative coins is the only way to increase your chances of receiving a significant reward, but since alternative coins are very volatile, you must be careful with your trades and it is wise to increase the size of your stop loss because volatile coins are more vulnerable to manipulation. Before you trade, you must screen a coin and backtest it.

Regardless of how safe we all analyze Bitcoin to be, I still don’t want to have all my eggs in on basket. I believe diversifying my investment is really a good strategy to avoid absolute loss in case anything happen. After investing in Bitcoin there are still some other altcoins that worth investing on. This year even with the down trend in crypto generally, BGB the platform token of Bitget still performed exceptionally well. These are token that worth investing on as well, other ones like BNB are equally worth investing in.

[Bitcoinpoly]

If you're good at trading, you may add additional altcoins you know about them very well to your trading portfolio, but you must never make the mistake of retaining these altcoins for long before releasing them, they are only best advised for trading and not for a long time Investment because of the risk in them, if you're also trading bitcoin, you need to maintain learning about it constantly because making profits is not all about the currency involved, but how we are good at doing what we do know best.

Trading with altcoins can certainly bring us profits if we choose altcoins that have the potential to bring us profits, yes you are right, we can only use altcoins for trading not for long-term investment, it is important for us to keep learning about Bitcoin when we If we have made an investment, don't let us stop learning about it so that we can't understand the right time to collect it. It would be better for us to do what we understand well so that we can benefit from what we have done.

There are some altcoins that is good for long term investment such as Ethereum and other huge cap altcoins since their price growth is almost the same to Bitcoin since they are just following the trend.

Low caps altcoins are the one that is not good for long term investments especially those old projects that still low caps now since they are already dead and just slowly exit scam. I have a long term Ethereum and Doge that is still now in profit.

This is a good example of what I pointed out earlier. There are lots of altcoins you can invest on, just like most of the platforms token, if there is a good exchange token like BGB, BNB they’re still worth investing on. 

[Awaklara]

Regardless of how safe we all analyze Bitcoin to be, I still don’t want to have all my eggs in on basket. I believe diversifying my investment is really a good strategy to avoid absolute loss in case anything happen. After investing in Bitcoin there are still some other altcoins that worth investing on. This year even with the down trend in crypto generally, BGB the platform token of Bitget still performed exceptionally well. These are token that worth investing on as well, other ones like BNB are equally worth investing in.

If you are thinking about investing in tokens or altcoins, determine a medium or short investment time frame. release your assets when you make a profit.
The situation is different if you put your money to invest in Bitcoin. there is a fairly strong belief in the long term. So it won't be too affected if the price then falls because in a longer time Bitcoin will also experience an increase in price.
but you have your own view, you can feel and understand how you will seek profit.

[gunhell16]

If you are making a profit in bitcoin trading, then do that and just keep going. That's the important thing; whether it's big or small, it's fine. Personally, I trade with other cryptos, not Bitcoin, because I get better profit every day.

But of course, this is based on my knowledge of crypto and the trading activity I do. In Bitcoin, when the amount you use to trade is only around 30$, the movement takes a bit longer, and if it is aggressive, it is small, because I have a goal of making a certain amount of profit every day, and at least I can make 10$–20$ a day.

[MIner1448]

Trading is a lifetime skill that is always beneficial if you know what you are doing, the biggest mistake of traders is trading alt that most times doesn't obey market structure,
when it comes to cryptocurrency, trade only Bitcoin.
Bitcoin doesn't just give you profit, it gives you security, it obeys market structure, for the past 2yrs I have been trading, I only have losess only when I trading Alt, price action trading I utilize will trading always gives me result when trading Bitcoin, but when it comes to Alt I really do feel as if am gambling, so my fellow traders, trade only Bitcoin, I don't know if anyone feel the same way?

Each trader has his own style and preferences, and the choice between trading Bitcoin and altcoins depends on individual strategies and risk preferences. Bitcoin tends to be more resilient to volatility compared to altcoins and, as you mentioned, can be perceived as more predictable within the market structure.
However, altcoins often provide opportunities for higher profits as they can be more volatile.