Bitcoin vs Altcoins

[SeriouslyGiveaway]

The cryptocurrency landscape is gradually taking a new turn and am loving it already. It's like the era of BTC dominance and dictation of other altcoins performance is gradually winding down.

TAO, KAS, BGB, TIA among other numerous altcoins are among those that have recorded ATH recently even as BTC struggle to hold up the $36,500 resistance.

Among other altcoins that have been impressive are ORDI, SATS, VMPX, WOJAK and PEPE1. 

Fortunately there is an ongoing event for new users on Bitget where there is  $10,000 prize pool in the latest Hotcoins season 5 edition.

As we look forward to the anticipated bullrun come 2024, what altcoins are you holding and why do you think they will bring more returns compared to others?

There's no basis for comparing recently launched Altcoins with Bitcoin. Such comparisons are skewed because Bitcoin has been around for so long. How can you compare Altcoins that have recently emerged with Bitcoin? You can't take their profit data over a few months and compare it with Bitcoin's. Looking at the long term, will the Altcoins you mentioned still exist in 10 years? But I'm sure that Bitcoin will still be around and irreplaceable in this market.

High profits come with high risks. If your investment amount isn't substantial, you might allocate some to Altcoins to seek higher returns. However, I believe those holding significant amounts or investment funds always prioritize Bitcoin as a top investment in this market.

[leonair]

Bitcoin is for everyone whereas altcoins is for people who have got good knowledge about the market. Only then it is possible to buy/sell at the right moment and enjoy the benefits. Most of the time altcoins need to be considered for short term profiting as we can't be sure of the price progress same as bitcoin. Bitcoin being the king, it is followed by the rest. This means in the upcoming halving the price movement of altcoins will take place based on the movement of bitcoin.

Yes I agree with you bitcoin is a strong currency but altcoins are not strong.  Because altcoins are usually scams.  Investing in altcoin requires market analysis and investing in altcoin is high risk but anyone can invest in bitcoin whenever they want and hold it for long term to get some profit from it.  But videos on altcoins can also be scams.  There is a great juice potential in this case.  But even if the price of Bitcoin falls, then it will not face any kind of loss.  So Bitcoin should always be everyone's first choice.  And those who have high risk taking ability should invest in altcoins

[Tony116]

The cryptocurrency landscape is gradually taking a new turn and am loving it already. It's like the era of BTC dominance and dictation of other altcoins performance is gradually winding down.

TAO, KAS, BGB, TIA among other numerous altcoins are among those that have recorded ATH recently even as BTC struggle to hold up the $36,500 resistance.

Among other altcoins that have been impressive are ORDI, SATS, VMPX, WOJAK and PEPE1. 

Fortunately there is an ongoing event for new users on Bitget where there is  $10,000 prize pool in the latest Hotcoins season 5 edition.

As we look forward to the anticipated bullrun come 2024, what altcoins are you holding and why do you think they will bring more returns compared to others?

There's no basis for comparing recently launched Altcoins with Bitcoin. Such comparisons are skewed because Bitcoin has been around for so long. How can you compare Altcoins that have recently emerged with Bitcoin? You can't take their profit data over a few months and compare it with Bitcoin's. Looking at the long term, will the Altcoins you mentioned still exist in 10 years? But I'm sure that Bitcoin will still be around and irreplaceable in this market.

High profits come with high risks. If your investment amount isn't substantial, you might allocate some to Altcoins to seek higher returns. However, I believe those holding significant amounts or investment funds always prioritize Bitcoin as a top investment in this market.

This is seriously the dumbest comparison I've ever seen, just because these shitcoins have gone up a few tens of percent in the past days and bitcoin hasn't gone up much, the OP has come to the conclusion that they are better than bitcoin.

To evaluate what are good projects worth investing in, we need to have a long-term vision because short-term growth does not guarantee that they can also last long. All the projects the OP mentioned are less than 1 year old so it's difficult to say anything. I even wonder what will happen to them if the bear season lasts longer, but with bitcoin it will always be with us.

OP, in the past 14 years there have been thousands of altcoins created and many of them also claim to surpass bitcoin, but so far there has not been a single shitcoin that can replace bitcoin.

[Essential10]

We know Bitcoin is commonly known as "digital gold" and its status and recognition make it a safe investment option. While Bitcoin is considered a safe and established cryptocurrency, it differs from altcoins and has specific opportunities for different investments or holdings in a portfolio. But predicting the price movements of altcoins can be challenging, and they are often approached with a more short-term perspective than Bitcoin. In general, altcoins have higher market risk and short-term profit potential, and their price growth can be volatile. I don't think the comparison of altcoins with bitcoin works.

[Ricardo11]

Bitcoin is the king of cryptocurrencies, Bitcoin should not be compared to alt coins. You should not worry about altcoins right now, because you are new to the crypto space. Moreover, alt coins are not worth investing in. Alt coins will disappoint investors. So instead of worrying about alt coins focus more on Bitcoin. Because Bitcoin will hit new ATH next year. Which is going to be very profitable for every investor.

[satscraper]

I don't know, probably the most of altcoin related projects pursue a single and common  aim  of taken away money bitcoins from bitcoiners.

 For a years I'm looking for a  decent project that together with bitcoin I have would  give a good run to my money, but didn't find it, so far. Some of them have a good technicalities,  but their  exorbitant total supply halts my intent to add their coins  to my stash, the other ones have the reasonable  total mass but are too poor in technologies.

[Anguwa]

The cryptocurrency landscape is gradually taking a new turn and am loving it already. It's like the era of BTC dominance and dictation of other altcoins performance is gradually winding down.

TAO, KAS, BGB, TIA among other numerous altcoins are among those that have recorded ATH recently even as BTC struggle to hold up the $36,500 resistance.

Among other altcoins that have been impressive are ORDI, SATS, VMPX, WOJAK and PEPE1. 

Fortunately there is an ongoing event for new users on Bitget where there is  $10,000 prize pool in the latest Hotcoins season 5 edition.

As we look forward to the anticipated bullrun come 2024, what altcoins are you holding and why do you think they will bring more returns compared to others?

This is altcoin season as Bitcoin price is trying to go up and as we are expecting bull run due to anticipation of Bitcoin halving in the year 2024.
I think any altcoin that is been listed in a good exchange like Bitget, Mexc, Binance and KuCoin worth investing in because the Bitcoin price movement will influence the general market and since they have small trading volumes, they can go a very high price to give good profits.

[Adbitco]

I can tell you with all assurety that altcoin are mostly for smart people who knows when to utilize their opportunities in their altcoin investment journey. Most people who chooses altcoin to hold do not actually knows how to go about them because some of the altcoin never maintained market stability to witnessed the bear market and if any witnessed and never failed then we can say such altcoin is worth investing, though short time investment is always better for altcoin since they are easily manipulated. That's why you need to choose wisely better still focused on bitcoin since altcoin are just for those who want quick profits most at times they lose because of not being smart to be able sell out when the market is positive side.

[lombok]

Altcoins are full of pumps and dumps. I think it's natural for Bitcoin to experience an increase followed by several altcoins. Sometimes Bitcoin rises 10%, altcoins can rise up to 100% or even more, yes, but again, when Bitcoin experiences a decline, altcoins also fall deeper, even hundreds of percent. As we know, altcoins are full of pump and dump schemes. For traders who are capable and accustomed to analyzing altcoin movements, they can certainly make big profits. In my opinion, Bitcoin and altcoins are equally profitable for those who are able to take advantage of their price movements.

[Luzin]

This is altcoin season as Bitcoin price is trying to go up and as we are expecting bull run due to anticipation of Bitcoin halving in the year 2024.
I think any altcoin that is been listed in a good exchange like Bitget, Mexc, Binance and KuCoin worth investing in because the Bitcoin price movement will influence the general market and since they have small trading volumes, they can go a very high price to give good profits.

When Bullish time comes, it seems that all altcoins are telling where BTC is going. So it looks like all altcoins are good for short-term investing, not for long-term. But if you look carefully, I think not all altcoins are good for long-term investing. They exist only for temporary hype. So I think not all token coins listed on well-known exchanges have a guarantee that the coin or token is good. Currently there are some coins that are still able to survive from the moment of starting trading because of their DEV and true community seriously developing. For example, ETH and DOGE.

[legendbtc]

I don't know, probably the most of altcoin related projects pursue a single and common  aim  of taken away money bitcoins from bitcoiners.

 For a years I'm looking for a  decent project that together with bitcoin I have would  give a good run to my money, but didn't find it, so far. Some of them have a good technicalities,  but their  exorbitant total supply halts my intent to add their coins  to my stash, the other ones have the reasonable  total mass but are too poor in technologies.

LOL, supply is not the only factor that determines the quality of a project. Furthermore, today's altcoin projects have a mechanism to burn tokens if they want to reduce supply. Look at ETH, it has an infinite supply but you can see how its value has also increased because it provides several useful functions in the market.

The difference between bitcoin and altcoins is that they do not provide useful and outstanding features like bitcoin such as decentralization, privacy and ensuring our safety. Bitcoin was created with the intention of creating a decentralized monetary system that brings freedom, and gives us full control over our assets without dependence on the government. Meanwhile, altcoins are created for the purpose of hype in search of profit. Meanwhile, altcoins are created with the purpose of hype to generate profits so there are too many scams in them. So altcoins cannot be compared to bitcoin.

[shawonngp]

Bitcoin is reached in another level, so don't make comparison Bitcoin vs Altcoin. BTC is the most phenomenal digital currency in the world wide, it's a big assets of our future life as like gold. Altcoins can be dead, no bright future as like BTC so It is high risky investment. Even i think there are no existence of altcoins without BTC.

[Anguwa]

When Bullish time comes, it seems that all altcoins are telling where BTC is going. So it looks like all altcoins are good for short-term investing, not for long-term. But if you look carefully, I think not all altcoins are good for long-term investing. They exist only for temporary hype. So I think not all token coins listed on well-known exchanges have a guarantee that the coin or token is good. Currently there are some coins that are still able to survive from the moment of starting trading because of their DEV and true community seriously developing. For example, ETH and DOGE.

Normally, keeping or holding altcoin for long is not a right choice even if the project is good and looks promising; take FTX and Luna for example.
All altcoins are supposed to be hold for short time and not long term so as to avoid losing your capital all. The only coin to hold for long is Bitcoin because it store value and it is the best investment against inflation.

[Negotiation]

Investing in cryptocurrencies bitcoin or altcoins are dominated by bitcoin as the main cryptocurrency and are a safer and more stable investment whereas altcoins offer higher potential returns but higher risk. Altcoins are likely to be scams it is not possible to give an exact guarantee of how high these coins will rise. Bitcoin is the king of crypto and altcoins rise in value depending on the value of bitcoin many cryptocurrencies rely on blockchains which are organizational mechanisms to protect the integrity of transactional information. Bitcoin will generally go up based on its supply and demand and then go up again when the price goes down.

[Latviand]

Altcoins are full of pumps and dumps. I think it's natural for Bitcoin to experience an increase followed by several altcoins. Sometimes Bitcoin rises 10%, altcoins can rise up to 100% or even more, yes, but again, when Bitcoin experiences a decline, altcoins also fall deeper, even hundreds of percent. As we know, altcoins are full of pump and dump schemes. For traders who are capable and accustomed to analyzing altcoin movements, they can certainly make big profits. In my opinion, Bitcoin and altcoins are equally profitable for those who are able to take advantage of their price movements.

From what I can understand from this is that altcoin can't recover at all whenever the bear season for crypto arrives and that bitcoin's the only one that can recover. The part about most altcoins being only created to do a pump and dump scheme is both a curse and a blessing because as you've said you can make profits out of it if you know how to get into them at such an early stage that you can buy at their so-called Genesis and then wait a bit for them to go high but the problem with this is that not all altcoins are like these but then again this is what makes altcoin still in existence. I wouldn't say that they're equally profitable because you're more likely to lose money when you invest in altcoins hoping to hit the one that's going to pump and then dump.

[lombok]

From what I can understand from this is that altcoin can't recover at all whenever the bear season for crypto arrives and that bitcoin's the only one that can recover. The part about most altcoins being only created to do a pump and dump scheme is both a curse and a blessing because as you've said you can make profits out of it if you know how to get into them at such an early stage that you can buy at their so-called Genesis and then wait a bit for them to go high but the problem with this is that not all altcoins are like these but then again this is what makes altcoin still in existence. I wouldn't say that they're equally profitable because you're more likely to lose money when you invest in altcoins hoping to hit the one that's going to pump and then dump.

Correct. Not all altcoins are able to return to the highest price/ath they have made, but there are also some that are able to create a new ath. Unfortunately, most traders or investors think that all altcoins will be able to rise again after experiencing a sharp decline during the bearish season, but what happened did not match expectations.
In contrast to Bitcoin which is very capable and optimistic in terms of price recovery until it recorded the latest ATH. In altcoins, if investors or traders do not buy altcoins at the base/bottom price then the profit generated is not much, and even that requires research, complex analysis and the selection of the altcoin itself. If it ends up being a scam, it will only waste time and money.

[bitzizzix]

Bitcoin is the most famous cryptocurrency and also the first decentralized cryptocurrency in the world, and has strong brand recognition among investors and the general public because they will know Bitcoin first before getting to know altcoins.
Bitcoin and altcoins are highly volatile currencies, but altcoins are often more volatile than Bitcoin, which can pose significant risks for investors. However altcoins will be most profitable for those who have skill and intelligence in terms of pum and dum and are also easy to manipulate, and just by buying and selling at the right time they will make huge profits. If you are late you will experience losses, and this often happens to altcoins, in fact many altcoins end up being fraudulent, especially new altcoins.
And in my opinion, a very safe and low risk option is Bitcoin and this is mainly for long term investment. And Bitcoin has a good track record when it comes to long-term investments that will give you satisfying profits if it always accumulates every time Bitcoin goes down.

[SAHASAN]

The cryptocurrency landscape is gradually taking a new turn and am loving it already. It's like the era of BTC dominance and dictation of other altcoins performance is gradually winding down.

TAO, KAS, BGB, TIA among other numerous altcoins are among those that have recorded ATH recently even as BTC struggle to hold up the $36,500 resistance.

Among other altcoins that have been impressive are ORDI, SATS, VMPX, WOJAK and PEPE1. 

Fortunately there is an ongoing event for new users on Bitget where there is  $10,000 prize pool in the latest Hotcoins season 5 edition.

As we look forward to the anticipated bullrun come 2024, what altcoins are you holding and why do you think they will bring more returns compared to others?

AltcoinS just created with trading and for grab bitcoin for new btc and crypto trader actually altcoin have no power as like as btc. altcoin is only a centralized coin which able to trade up and down with altcoin creator and some expert trader can able to trade and increase btc with altcoin trading.

So I think altcoin is just a option to trade and opportunity for trader to increase their BTC btc amount.

[tbct_mt2]

If you love altcoins, you must read this article.
The two types of altcoins in an investor view.

What are two types of altcoins?
- Oscillator
- Degenerator

Most of altcoins belong to Degenerator type that means their prices will lose, decay with time till their coins are dead.

Very few altcoins belong to Oscillator type but very few of them can make new all time high with each Bitcoin market cycle.

The chart type is fearful enough because you will lose money with it and time.

[michellee]

Be careful if you want to use altcoins for investment or trading. Usually, altcoins that are new to the market will get the pump. After that, the price will experience a correction and some altcoins will even drop drastically from their presale prices. If you want to get into altcoins, you can wait until the price drops drastically. But you need to find more information about why you chose that coin.

I still have several altcoins that couldn't find their place during the last altcoin season. I don't know if those coins can find their place in the next altcoin season. Of course, the coins are still waiting until now. I also bought some new coins to experiment with and to see how well they perform in the short and medium term. If the new coins can go up, I'll sell them, maybe all of them

But I still hold my Bitcoin because Bitcoin is my main investment and for the long term. Invest in altcoins only for the short and medium term and once you make a profit from the coins, get out immediately and before the price drops drastically.