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Author Topic: Bitcoin vs Altcoins  (Read 1402 times)
Silberman
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November 23, 2023, 05:27:55 AM
 #101

What you need to know is that price is not a benchmark for saying that a project is very fundamental. You know how speculative this market is, both now and in the future. There is a lot of speculation going on so for altcoins don't be too optimistic in seeing things. Whether you admit it or not, the most optimistic is none other than BTC.
Pretty good point buddy.
We are now in a market where the nature is manipulative especially for altcoins and some projects that can be said to be garbage that actually makes you complacent with the scheme that always happens.
We are not in a gambling system if we talk about investing and prices are not always a benchmark because in the end if we really want to invest then the best is still bitcoin.

This may sound quite cliché but at the end of the day we all have experience how altcoins work and I was also in it a few years ago and as a result I have the same answer as everyone else where btc remains the top choice for the long term because even though altcoins are a condition where it can be more profitable but in the end the risks are also much greater.
Without a doubt I can see why those that are just finding out more about this market may be interested in altcoins, since not only altcoins have in theory the possibility to grow at a faster rate than bitcoin due to their lower market cap, but they also offer those people the opportunity to invest early on their development, and it may seem as if they have the chance to make it big with those coins, but we know that often there is nothing which can sustain the growth of those coins other than hype, and anyone interested in remaining invested in this market for the long term should simply avoid altcoins and invest in bitcoin instead.
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November 23, 2023, 06:13:04 AM
 #102

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.
Indeed, there's no basis for such comparisons. Even comparing with existing Altcoins that have gone through multiple cycles, like ETH, is challenging, let alone Bitcoin. After a few months, new coins might bring hundreds of percentage profits, but over a year, it could easily be reduced to zero.
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.
Bitcoin is the original foundation of this market. It carries an iconic status and is synonymous with the market itself. Several hundred or even a few thousand Altcoins may come and go through each cycle, but the market persists as long as Bitcoin doesn't collapse. Therefore, comparisons should only be made among coins in the same category, which I think would be more reasonable.

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November 23, 2023, 06:44:17 AM
 #103

Without a doubt I can see why those that are just finding out more about this market may be interested in altcoins, since not only altcoins have in theory the possibility to grow at a faster rate than bitcoin due to their lower market cap, but they also offer those people the opportunity to invest early on their development, and it may seem as if they have the chance to make it big with those coins, but we know that often there is nothing which can sustain the growth of those coins other than hype, and anyone interested in remaining invested in this market for the long term should simply avoid altcoins and invest in bitcoin instead.
Altcoins always involve increased risks, and it all depends on how much you are willing to invest in each coin. I repeat, Bitcoin is a fundamental investment in which you can invest a fairly large part of your portfolio, but if you want to invest in altcoins, then you need to allocate only a small part of your funds available for investment.

In addition to the fact that altcoins can show greater growth compared to Bitcoin, they can also show a disproportionately greater decline, so you always need to assess the risks and understand that investments in altcoins may be lost. The greater the expected profit, the greater the risks.
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November 23, 2023, 07:24:10 AM
 #104

You are certainly among the few that understand my perspective. ETH is an altcoin with newly $300M mcap and some people still think less of it. As a matter of fact, ETH started the 2020 bullrun before BTC followed up and we might see a repeat of it in the next bullrun but it might not start with ETH this time. There are several altcoins with good utility and fundamentals but perhaps we are too sentimental to see it because of our interest in BTC. No doubt no altcoins can contend with BTC but we should also remember BTC didn't just became big overnight. There was a time when many people doubted it and wouldn't buy it despite been less than $1. People categorizing altcoins as shitcoins obviously don't know anything imo because shitcoins are memecoin that follow hypes unlike tokens like ETH, KAS, BGB, SOL and some unique altcoins that have amazing utility

What you need to know is that price is not a benchmark for saying that a project is very fundamental. You know how speculative this market is, both now and in the future. There is a lot of speculation going on so for altcoins don't be too optimistic in seeing things. Whether you admit it or not, the most optimistic is none other than BTC.
Pretty good point buddy.
We are now in a market where the nature is manipulative especially for altcoins and some projects that can be said to be garbage that actually makes you complacent with the scheme that always happens.
We are not in a gambling system if we talk about investing and prices are not always a benchmark because in the end if we really want to invest then the best is still bitcoin.

This may sound quite cliché but at the end of the day we all have experience how altcoins work and I was also in it a few years ago and as a result I have the same answer as everyone else where btc remains the top choice for the long term because even though altcoins are a condition where it can be more profitable but in the end the risks are also much greater.
Altcoin markets are risky and fraudulent, making Bitcoin a superior choice. Isnt this view too simple? Its not black or white to invest. Many agree with your opinion, however you dont explain the market. Although Bitcoin has been stable, it can fluctuate and be affected by legislation. However, altcoins offer variety and better returns despite their volatility.

Your experience supports your Bitcoin preference. However, isnt investment personal? Altcoins' high-risk, high-reward nature attracts investors. They may take bigger chances since they know more about projects or are betting on new technologies. It depends on how much risk you're ready to take to gain more money, or you can stick to Bitcoin. Its not only about returns; be prepared for danger.

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November 23, 2023, 08:15:57 AM
 #105

Without a doubt I can see why those that are just finding out more about this market may be interested in altcoins, since not only altcoins have in theory the possibility to grow at a faster rate than bitcoin due to their lower market cap, but they also offer those people the opportunity to invest early on their development, and it may seem as if they have the chance to make it big with those coins, but we know that often there is nothing which can sustain the growth of those coins other than hype, and anyone interested in remaining invested in this market for the long term should simply avoid altcoins and invest in bitcoin instead.
Altcoins always involve increased risks, and it all depends on how much you are willing to invest in each coin. I repeat, Bitcoin is a fundamental investment in which you can invest a fairly large part of your portfolio, but if you want to invest in altcoins, then you need to allocate only a small part of your funds available for investment.

In addition to the fact that altcoins can show greater growth compared to Bitcoin, they can also show a disproportionately greater decline, so you always need to assess the risks and understand that investments in altcoins may be lost. The greater the expected profit, the greater the risks.

In short, the higher the profit, the higher the risk, everything has its price. If people like thrills and are willing to take risks, they can also invest in altcoins to seek high returns. Bitcoin is actually a pretty safe investment and the profits are also very significant, but I think it is not wise for us to focus 100% on bitcoin because we will miss out on some opportunities with altcoins. So, in my opinion, we can allocate 80-90% of our capital to invest in bitcoin, the remaining 20% we can try with altcoins to find bigger opportunities.

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November 23, 2023, 09:02:22 AM
 #106

What you need to know is that price is not a benchmark for saying that a project is very fundamental. You know how speculative this market is, both now and in the future. There is a lot of speculation going on so for altcoins don't be too optimistic in seeing things. Whether you admit it or not, the most optimistic is none other than BTC.
Pretty good point buddy.
We are now in a market where the nature is manipulative especially for altcoins and some projects that can be said to be garbage that actually makes you complacent with the scheme that always happens.
We are not in a gambling system if we talk about investing and prices are not always a benchmark because in the end if we really want to invest then the best is still bitcoin.

This may sound quite cliché but at the end of the day we all have experience how altcoins work and I was also in it a few years ago and as a result I have the same answer as everyone else where btc remains the top choice for the long term because even though altcoins are a condition where it can be more profitable but in the end the risks are also much greater.
Without a doubt I can see why those that are just finding out more about this market may be interested in altcoins, since not only altcoins have in theory the possibility to grow at a faster rate than bitcoin due to their lower market cap, but they also offer those people the opportunity to invest early on their development, and it may seem as if they have the chance to make it big with those coins, but we know that often there is nothing which can sustain the growth of those coins other than hype, and anyone interested in remaining invested in this market for the long term should simply avoid altcoins and invest in bitcoin instead.
What you said made me flash back on how people fake it here, I think people have started to wake up and be wise. They have started viewing Bitcoin and altcoins as investment opportunities rather than pitching them together as rivals where they would support one and invest in it and shun others and also advise people to shun them. Strangely, most of these people misleading others are actually investing in altcoins but would be saying in the forum that it's all Bitcoin alone, but in practice, they might have more percentage of altcoins than Bitcoin in their wallets, they only faked it.

But for people like us who always advice rightly and tell it to their face what's to be done rightly is now making people know how to invest rightly. Fine, Bitcoin is still the best of them all, nevertheless, the size is heavy already and where some altcoins might be earning you 10 times easily, Bitcoin might still only double it for you. So as a smart investor, why not invest a certain amount in Bitcoins and invest the rest in altcoins so that you take advantage of the two? A 30% investment in Bitcoin and a 70% investment in altcoin can't be a bad idea in my thinking. But one must be very careful as well because it's not all coins/tokens that are worth the investment. Just find the right project that is popular and reasonable enough, and investigate the performance, community and projects behind them before committing your money.

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November 23, 2023, 09:32:37 AM
 #107

well, I think, bitcoin and altcoins are not comparable. In fact, no matter how good we talk about altcoins, in the end altcoins will follow in Bitcoin's footsteps. We know that currently ethereum is the best altcoin that has high volume, and has benefits that are very widely used. However, as good as ethereum is, it is not enough compared to bitcoin, and in fact ethereum is still related to following bitcoin.
However, the potential of altcoins is quite good when the crypto is in a bull market, in fact, many of us include popular and unpopular altcoins in their portfolios instead of bitcoin. However, that alone is not enough to compare bitcoin and altcoins. I'm pretty sure that almost all crypto holders have altcoins in their wallets, but try to make bitcoin a priority.

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November 23, 2023, 09:33:38 AM
Merited by fillippone (1)
 #108

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.
Altcoins investors are mostly short term and majority of Bitcoin investors and long term because they know that way they optimize the profitability they can get out of Bitcoin ant to a very far extent it's got some solid and sustainable frame which can be trusted as compared to certain Altcoins which could possibly come up with issues in the nearest future and in some cases they even get dumped. But with Bitcoin you get some level of certainty with how well your investment is safe especially in the long term even if we know not everything last for ever but there's some credibility with Bitcoin.

And that's why Bitcoin remains the top coin and been followed by others, this is due to the credibility it has gotten over the years resulting from it's consistency shown over the years and that's why it's always possible to see Bitcoin investors who don't have altcoins but most altcoins investors mostly add Bitcoin to their portfolio.

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November 23, 2023, 03:34:20 PM
 #109

Without a doubt I can see why those that are just finding out more about this market may be interested in altcoins, since not only altcoins have in theory the possibility to grow at a faster rate than bitcoin due to their lower market cap, but they also offer those people the opportunity to invest early on their development, and it may seem as if they have the chance to make it big with those coins, but we know that often there is nothing which can sustain the growth of those coins other than hype, and anyone interested in remaining invested in this market for the long term should simply avoid altcoins and invest in bitcoin instead.
Altcoins always involve increased risks, and it all depends on how much you are willing to invest in each coin. I repeat, Bitcoin is a fundamental investment in which you can invest a fairly large part of your portfolio, but if you want to invest in altcoins, then you need to allocate only a small part of your funds available for investment.

In addition to the fact that altcoins can show greater growth compared to Bitcoin, they can also show a disproportionately greater decline, so you always need to assess the risks and understand that investments in altcoins may be lost. The greater the expected profit, the greater the risks.

In short, the higher the profit, the higher the risk, everything has its price. If people like thrills and are willing to take risks, they can also invest in altcoins to seek high returns. Bitcoin is actually a pretty safe investment and the profits are also very significant, but I think it is not wise for us to focus 100% on bitcoin because we will miss out on some opportunities with altcoins. So, in my opinion, we can allocate 80-90% of our capital to invest in bitcoin, the remaining 20% we can try with altcoins to find bigger opportunities.
Indeed, investing in Bitcoin alone is safe, but by choosing altcoins we will get bigger profits. for me it would probably be bigger to allocate to altcoins with a division of 60% for bitcoin and 40% for altcoins which I would diversify into several top altcoins, and a little capital for new altcoins which I think have good prospects, so I hope they are still in safe category, even though you dare to speculate with higher risks

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November 23, 2023, 04:13:54 PM
 #110

Yeah alt coin are good but you can't compare it with btc. Bcus Btc is like the mother of alt coin
So no matter what btc coin still remains tha best...

There is no comparison between bitcoin and altcoins and also there is no competition of bitcoin with other coins because btc occupy a top position in all cryptocurrency coin hence it is termed as king in cryptocurrency world. As a king order to follow his role same bitcoin do because whenever changes occur in market then the reason behind this is the change in bitcoin worth.

Everyone will heard that through altcoins alteration there is no impacts on bitcoin even some altcoins lost from cryptocurrency world but bitcoin is ineffective. If bitcoin goes in dip or boost in price then definitely altcoins will follow this similar trend so altcoins can never get the position of bitcoin.



 

 

 

 

 

 


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November 23, 2023, 06:53:15 PM
 #111

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?
  Very hard to say in such an unregulated environment like crypto ecosystem but making use of the available tool, we look at the Cryptocurrencies that have a strong background, working and existing product, real world applicable usecase, strong and experience team. Coins like Ripple, ethereum, veil, litecoin, bnb etc can survive any ugly crypto condition. Remember always DYOR.
   Ripple Lab’s XRP token is among the top digital currencies in terms of market capitalization, and its popularity continues to grow among investors. It’s one of the most affordable altcoins, and the growing adoption of the Ripple network by banks for high-speed, low-cost international payments means XRP, the network’s native currency, has great potential. Litecoin’s strong following also gives it a lot of potential. Its affordable price relative to bitcoin and Ether makes it one of the most accessible major altcoins. Litecoin also has great potential as a medium of exchange considering its adoption as a payment option by many businesses, including furniture retailer Overstock.
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November 24, 2023, 09:36:25 AM
 #112

@Op Those who hold altcoins must face losses. But altcoins are most likely to be wiped out if they hold on for a long time. Holding an altcoin will make investors gain for a while, and for the most part end up with a loss. 

But the longer you hold bitcoins, the more you will benefit. Because the price of Bitcoin always shows signs of upward movement. Bitcoin halving in 2024 will lead to a rapid price increase due to which many are holding on to Bitcoin. If you hold Bitcoin for a long time, the risk will be much lower and the benefit will be higher. I would recommend keeping bitcoins away because I have held bitcoins myself for a long time. Bitcoin, the real people's currency, is loved by everyone these days.

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November 24, 2023, 10:17:15 AM
 #113

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?
It's normal to see to few altcoins reach ATM especially when the price of Bitcoin start a bullish sentiment that is not the reason to downgrade Bitcoin occasionally some altcoins do hit ATM this would absolutely continue in as much as there are new investors into the project and the project serve as a solution to a problem, therefore  before TAO, KAS, BGB, TIA etc you mentioned reached ATM there are other altcoin that had achieve that feat with reference to charts of all the altcoins in Binance, however investors of those altcoins should count themselves very lucky because there are plenty of shit altcoins in the crypto market who got some investors too unfortunately ended up as failure.

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November 24, 2023, 10:54:35 AM
Merited by fillippone (1)
 #114

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 is no such thing as accurate analysis or predictions, of course you still need to follow the market direction. But whether 2024 altcoin prices are guaranteed to rise, no one knows for sure. The main factor is that if demand remains the same as today then in 2024 it will increase by 50%. And if demand soars, the market will respond to rise higher. The next question is whether demand remains or even decreases. If interest in altcoins decreases by 50% then altcoins will not go anywhere. What other factors make demand increase or decrease? Yes, of course market sentiment because it is difficult for altcoins to separate themselves from sentiment. Where negative sentiment will make prices fall and positive sentiment will make prices rise.

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November 24, 2023, 11:13:21 AM
 #115

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 is no such thing as accurate analysis or predictions, of course you still need to follow the market direction. But whether 2024 altcoin prices are guaranteed to rise, no one knows for sure.
I guess we are still people who are too optimistic about market analysis because every analysis is a guess and there's no way it will be accurate.
Having said that, the 2024 market is guaranteed to impact the altcoin market but not every altcoin will join the train and those that always follow the Bitcoin market trend will be positively impacted.
In addition, there's the possibility that most crypto that has nothing to offer will survive the next year's market.

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November 24, 2023, 12:55:56 PM
 #116

Without a doubt I can see why those that are just finding out more about this market may be interested in altcoins, since not only altcoins have in theory the possibility to grow at a faster rate than bitcoin due to their lower market cap, but they also offer those people the opportunity to invest early on their development, and it may seem as if they have the chance to make it big with those coins, but we know that often there is nothing which can sustain the growth of those coins other than hype, and anyone interested in remaining invested in this market for the long term should simply avoid altcoins and invest in bitcoin instead.
Altcoins always involve increased risks, and it all depends on how much you are willing to invest in each coin. I repeat, Bitcoin is a fundamental investment in which you can invest a fairly large part of your portfolio, but if you want to invest in altcoins, then you need to allocate only a small part of your funds available for investment.

In addition to the fact that altcoins can show greater growth compared to Bitcoin, they can also show a disproportionately greater decline, so you always need to assess the risks and understand that investments in altcoins may be lost. The greater the expected profit, the greater the risks.

In short, the higher the profit, the higher the risk, everything has its price. If people like thrills and are willing to take risks, they can also invest in altcoins to seek high returns. Bitcoin is actually a pretty safe investment and the profits are also very significant, but I think it is not wise for us to focus 100% on bitcoin because we will miss out on some opportunities with altcoins. So, in my opinion, we can allocate 80-90% of our capital to invest in bitcoin, the remaining 20% we can try with altcoins to find bigger opportunities.
Indeed, investing in Bitcoin alone is safe, but by choosing altcoins we will get bigger profits. for me it would probably be bigger to allocate to altcoins with a division of 60% for bitcoin and 40% for altcoins which I would diversify into several top altcoins, and a little capital for new altcoins which I think have good prospects, so I hope they are still in safe category, even though you dare to speculate with higher risks

I also invest a small portion in altcoins, but 60/40 is quite risky for me, I wouldn't do it, but if that's your plan then you should go for it as long as you know what you're doing with your money.

But I still want to remind you again, high profits come with high risks. Even the top altcoins don't guarantee you anything like bitcoin guarantees you. Don't forget the story of Luna when it was also one of the top 10 altcoins in 2021 but it only took 2 weeks to return to the starting point and thousands of investors lost heavily.

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November 24, 2023, 06:01:00 PM
 #117

I'm holding polygon now and, am trying to add BNB to it so that I will have something good to earn when the price increase higher in the market because their teams are good team and they are capable to make the coins price to favour their customers. Since the old CEO of binance has be resigned, it will give their customers opportunity to earn well in this season because he will act in a way people will like to invest more in BNB.

BTC is good for long hodling, because the more you hodl it long the more you have the opportunity to earn huge amount of money from it, but I prefer altcoins because am use to short term hodling based on some family issues I love to solve immediately it come up.

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November 24, 2023, 06:56:02 PM
 #118

Without a doubt I can see why those that are just finding out more about this market may be interested in altcoins, since not only altcoins have in theory the possibility to grow at a faster rate than bitcoin due to their lower market cap, but they also offer those people the opportunity to invest early on their development, and it may seem as if they have the chance to make it big with those coins, but we know that often there is nothing which can sustain the growth of those coins other than hype, and anyone interested in remaining invested in this market for the long term should simply avoid altcoins and invest in bitcoin instead.
Altcoins always involve increased risks, and it all depends on how much you are willing to invest in each coin. I repeat, Bitcoin is a fundamental investment in which you can invest a fairly large part of your portfolio, but if you want to invest in altcoins, then you need to allocate only a small part of your funds available for investment.

In addition to the fact that altcoins can show greater growth compared to Bitcoin, they can also show a disproportionately greater decline, so you always need to assess the risks and understand that investments in altcoins may be lost. The greater the expected profit, the greater the risks.
We can both make money if we invest in Bitcoin or altcoins. And it all depends on the kind of altcoins we put our money into that will determine how much we are going to make. Cryptocurrency market is volatile and we need to invest what we know we can afford to lose. This is one of the information that is always given to newbies so that they will not be too greedy emotional and out their money in a projects that might end up becoming rug pull. Bitcoin is more safer than the altcoins market but we can as well make more profits from the market than Bitcoin which also depends on the kind of altcoins we put our money into to make profits.

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November 25, 2023, 03:27:11 AM
Merited by fillippone (1)
 #119

well, I think, bitcoin and altcoins are not comparable. In fact, no matter how good we talk about altcoins, in the end altcoins will follow in Bitcoin's footsteps. We know that currently ethereum is the best altcoin that has high volume, and has benefits that are very widely used. However, as good as ethereum is, it is not enough compared to bitcoin, and in fact ethereum is still related to following bitcoin.
However, the potential of altcoins is quite good when the crypto is in a bull market, in fact, many of us include popular and unpopular altcoins in their portfolios instead of bitcoin. However, that alone is not enough to compare bitcoin and altcoins. I'm pretty sure that almost all crypto holders have altcoins in their wallets, but try to make bitcoin a priority.

Those who are called leaders are still leaders and cannot be dropped in class. At first glance, BTC seems expensive to own, but in terms of quality, it is very proven here. But if Atcoins especially untested if the price goes down, we will always be in an uncomfortable position and that is the fundamental difference.

Thank you for your response @Dr.Osh, which matches my initial understanding.

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November 25, 2023, 03:41:17 AM
 #120

Without a doubt I can see why those that are just finding out more about this market may be interested in altcoins, since not only altcoins have in theory the possibility to grow at a faster rate than bitcoin due to their lower market cap, but they also offer those people the opportunity to invest early on their development, and it may seem as if they have the chance to make it big with those coins, but we know that often there is nothing which can sustain the growth of those coins other than hype, and anyone interested in remaining invested in this market for the long term should simply avoid altcoins and invest in bitcoin instead.
Altcoins always involve increased risks, and it all depends on how much you are willing to invest in each coin. I repeat, Bitcoin is a fundamental investment in which you can invest a fairly large part of your portfolio, but if you want to invest in altcoins, then you need to allocate only a small part of your funds available for investment.

In addition to the fact that altcoins can show greater growth compared to Bitcoin, they can also show a disproportionately greater decline, so you always need to assess the risks and understand that investments in altcoins may be lost. The greater the expected profit, the greater the risks.

In short, the higher the profit, the higher the risk, everything has its price. If people like thrills and are willing to take risks, they can also invest in altcoins to seek high returns. Bitcoin is actually a pretty safe investment and the profits are also very significant, but I think it is not wise for us to focus 100% on bitcoin because we will miss out on some opportunities with altcoins. So, in my opinion, we can allocate 80-90% of our capital to invest in bitcoin, the remaining 20% we can try with altcoins to find bigger opportunities.
Indeed, investing in Bitcoin alone is safe, but by choosing altcoins we will get bigger profits. for me it would probably be bigger to allocate to altcoins with a division of 60% for bitcoin and 40% for altcoins which I would diversify into several top altcoins, and a little capital for new altcoins which I think have good prospects, so I hope they are still in safe category, even though you dare to speculate with higher risks
If you're thinking of investing in altcoins instead of Bitcoin, you might be wrong. Bitcoin is the only safe place to invest and by investing here you may not get profit in short time but after long time you will get double profit for sure. But it would be best if you invest some of your money in altcoin and hold the rest in bitcoin. Although I would say invest 75% bitcoin and 25% altcoin it will be the best investment and if you take this approach you can earn a lot of profit. Investing in altcoins should definitely be done in those coins that will provide future profits, no scams, invest in high volume coins, but you can stay in the risk-free and safe category.

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