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Author Topic: Bitcoin or Etherum?  (Read 1755 times)

Offline I-Bit

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Re: Bitcoin or Etherum?
« Reply #30 on: February 18, 2024, 11:42:38 PM »
What would be the best investment for a better profit?
Bitcoin should be the first choice. Bitcoin is the main crypto coin and it is the safest coin for investment. I don't think there is another coin that can be as safe as Bitcoin. However, Ethereum is also a great coin. It is no problem to investing Ethereum, it is the best altcoin. If you have enough funds, I think it is better to buy both Bitcoin and Ethereum.


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Re: Bitcoin or Etherum?
« Reply #30 on: February 18, 2024, 11:42:38 PM »

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Offline Sevi

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Re: Bitcoin or Etherum?
« Reply #31 on: April 10, 2024, 07:11:47 AM »
For my own i choice both of this bitcoin and ethereum this two is the safest for investment. And it's depend to us  as long as we know how to buy, sell and hold. Because anytime will be reach out to our limits and expectations in high quality the price is higher than.

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Re: Bitcoin or Etherum?
« Reply #32 on: April 10, 2024, 07:21:01 AM »
What would be the best investment for a better profit?
Bitcoin should be the first choice. Bitcoin is the main crypto coin and it is the safest coin for investment. I don't think there is another coin that can be as safe as Bitcoin. However, Ethereum is also a great coin. It is no problem to investing Ethereum, it is the best altcoin. If you have enough funds, I think it is better to buy both Bitcoin and Ethereum.

Yes, it's the prime mover so it should be the first on the list, specially for newbies in crypto market. If they invest or hold Bitcoin, they will learn a lot, instead of looking for altcoin that they thought will give them profits in the future. And with Bitcoin investment, it shatters the myth of getting rich quick here in crypto.

I have nothing to say Ethereum, it's in the top of the food chain, but we haven't heard terms like Ethereum Maximalist right? We only have Bitcoin Maximalist which mean there are investors who are going full 100% on Bitcoin.

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Offline Aanuoluwatofunmi

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Re: Bitcoin or Etherum?
« Reply #33 on: April 11, 2024, 04:48:11 PM »
There is no how one will be having bitcoin and Ethereum on ground and you will be hesitating on which decision to make for which one to go for, only a newbie who does not know or understand their difference will be going about in beating around the bush, bitcoin is the leading digital cryptocurrency, but in the absence of bitcoin, we can make the choice with choosing Ethereum as an alternative in cryptocurrency.

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Re: Bitcoin or Etherum?
« Reply #34 on: April 11, 2024, 05:45:50 PM »
You might consider investing in both Bitcoin and Ethereum which can be a way to have a decent profit. Instead of choosing only one, it's better to do diversification of your portfolio which is the best choice. I've met some of the investors who refused to take advice and they prefer to have invested all their assets into one. However, when there is a sudden increase in value of the other cryptocurrency, they have regretted the decision they made and have a realization that they should have invested in the other coin as well.
Diversication of investment is always a welcome idea and  most times knowing the right coins to add to your portfolio is the major thing here because sometimes we get to choose and make the wrong type of investments, of it's left for me to choose I think I will probably pick Bitcoin over Ethereum, well for starters because it's widely ever popular than Ethereum and many people use it as a means of payment and also a currency, courtesy to El Salvador and president bukele

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Re: Bitcoin or Etherum?
« Reply #35 on: April 12, 2024, 11:33:44 PM »
Diversication of investment is always a welcome idea and  most times knowing the right coins to add to your portfolio is the major thing here because sometimes we get to choose and make the wrong type of investments, of it's left for me to choose I think I will probably pick Bitcoin over Ethereum, well for starters because it's widely ever popular than Ethereum and many people use it as a means of payment and also a currency, courtesy to El Salvador and president bukele
Bitcoin is still the best because coin price movements can influence the prices of all coins on the exchange. Moreover, the supply of bitcoin is very limited and this is what will make the price of bitcoin very expensive soon.

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Re: Bitcoin or Etherum?
« Reply #36 on: April 13, 2024, 12:03:11 AM »
Diversication of investment is always a welcome idea and  most times knowing the right coins to add to your portfolio is the major thing here because sometimes we get to choose and make the wrong type of investments, of it's left for me to choose I think I will probably pick Bitcoin over Ethereum, well for starters because it's widely ever popular than Ethereum and many people use it as a means of payment and also a currency, courtesy to El Salvador and president bukele

Aside from Bitcoin being accepted in El Salvador as a legal tender or apart from Bitcoin being used as a payment option for so many companies, Bitcoin is the only coin that has halving season which makes it more unique, I can actually invest into Bitcoin today and have a hope to earn more profit in the next four years to come which is definitely another bull season but it's not possible to have such hope with alt coins, although Ethereum is not really a bad altcoin to invest on, it's the strongest altcoin, so, hopefully it could also last for a very long time, unless it is faced by some unforseen circumstances. We can all point finger to how Luna  crashed, despite proving worthy of a good coin for some years.

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Re: Bitcoin or Etherum?
« Reply #36 on: April 13, 2024, 12:03:11 AM »


Offline Dr.Bitcoin_Strange

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Re: Bitcoin or Etherum?
« Reply #37 on: April 19, 2024, 07:25:43 AM »
What would be the best investment for a better profit?
Bitcoin should be the first choice. Bitcoin is the main crypto coin and it is the safest coin for investment. I don't think there is another coin that can be as safe as Bitcoin. However, Ethereum is also a great coin. It is no problem to investing Ethereum, it is the best altcoin. If you have enough funds, I think it is better to buy both Bitcoin and Ethereum.
Yeah you're right,
Inasmuch as Bitcoin is considered the OG in the crypto world, it's also worth noting that Both Bitcoin and Ethereum has their own unique contributions to the the crypto space, just as Bitcoin introduced the Blockchain technology which is leaving lots of marks on the crypto space, Ethereum also came in with a new technology too called the smart contract as well as the providing of a platform for building and running of dApps.

These are amazing technologies that other projects are making full utilisation of.
Although Bitcoin has an added advantage over Ethereum because it's the first ever made crypto currency introduced to the world and that makes it the digital gold.
Ethereum on the other hand also has amazing potentials too, so yeah if one can afford to invest on both of them, then it would be a very smart move.

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Re: Bitcoin or Etherum?
« Reply #38 on: April 19, 2024, 09:18:45 AM »
What would be the best investment for a better profit?
Profit wise, Ethereum would be a better option instead of Bitcoin.

Ethereum is more volatile than Bitcoin. Ethereum in the year 2018 reach the lowest price of below $100 a piece and at its peak during the bull market in 2021 is around $4800 - that's around 48x if you bought at bottom and sold at the top. Bitcoin on the other hand reached as low as $2000 IIRC while its peak is around $69,000 - that's around 34x if you bought at the bottom and sold at the peak.

I might be wrong though with those calculations but profit wise, Ethereum would be a better option although Bitcoin is also a good option as well. Wait. Why picking only one of them if you can buy both of them, right? :D

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Re: Bitcoin or Etherum?
« Reply #39 on: April 19, 2024, 11:59:43 AM »
Diversication of investment is always a welcome idea and  most times knowing the right coins to add to your portfolio is the major thing here
Diversification is very good, but i do not recommend diversifying into different altcoins, they are influenced by BTC's price, so it is better to diversify into other things that are different from BTC, like real estate, gold, etc. I know that a lot of people buy BTC and a lot of other altcoins, however i do not consider that to be diversification, when the assets are somehow linked to one another.
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Offline Learn Bitcoin

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Re: Bitcoin or Etherum?
« Reply #40 on: April 23, 2024, 06:07:28 PM »
I might be wrong though with those calculations but profit wise, Ethereum would be a better option although Bitcoin is also a good option as well. Wait. Why picking only one of them if you can buy both of them, right? :D

As you know, people do not think about the profit only. They think about the risk as well. I don't think someone is going to pick ETH just because it may give better ROI in the near future. I know that ETH has a lot of use cases when it comes to DeFi and other things, but as you said, ETH is too volatile compared to Bitcoin. When Bitcoin moves 10% a week, ETH moves more than 15% a week. But, if people want to pick a currency just because it is more volatile, then they may go with the meme coins as well.  ;D ;D

Kidding aside, I will always pick Bitcoin over ETH. But if I have both options, I will have 20% portfolio in ETH as well as it's not a bad project at all. ETH has proved itself for a while which is why it is the 2nd biggest cryptocurrency on the market.
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Re: Bitcoin or Etherum?
« Reply #41 on: April 23, 2024, 08:28:49 PM »
As what we can see on the market cap, Bitcoin is first and Ethereum is second. So, I  personally love those two coins. There is no need to always only pick one if we want to diversify our assets, ETH will be also  included.
Yes when it always comes to crypto investment Bitcoin is better for the long run while like you said Eth will be also included in diversifying our assets, in fact to a proper diversifying of assets must include ETH which has always been doing well in ROI.

While outside as a means of an investment I will still opt for Bitcoin while if I need to create Dapps or smart contracts I will opt for other altcoins like Solana since I can do something similar with a lesser fee, this is has always been a reason I usually try to stay off anything involving Ethereum
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Offline Dr.Bitcoin_Strange

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Re: Bitcoin or Etherum?
« Reply #42 on: April 24, 2024, 03:29:55 PM »
Diversication of investment is always a welcome idea and  most times knowing the right coins to add to your portfolio is the major thing here
Diversification is very good, but i do not recommend diversifying into different altcoins, they are influenced by BTC's price, so it is better to diversify into other things that are different from BTC, like real estate, gold, etc. I know that a lot of people buy BTC and a lot of other altcoins, however i do not consider that to be diversification, when the assets are somehow linked to one another.

You're right that other altcoins are influenced by BTC but let's not forget that profiting from BTC means that you need to HODL for the long-term which is quite the opposite for a few altcoins.
Most of the altcoins has the potential to give a very high interest and profits during the short term, so it depends on your investment goals, if you're a bitcoin investor and then you wish to also pursue short-term profits, then diversifying your investment to other altcoins would be a great idea...

There are altcoins that has the potential to give you a 1000X profit in matter of months and then maybe DIPs again, but the point is that you've also made some crazy ass profits from altcoins while still HODLing BTC.
I think what you should rather say is that, it wouldn't be advisable to diversify your investment to alcoins using the same investment techniques as though it was Bitcoin ( HODLing for the long-term) it is then you'll be making a terrible mistake.

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Re: Bitcoin or Etherum?
« Reply #43 on: April 24, 2024, 08:27:46 PM »
There are altcoins that has the potential to give you a 1000X profit in matter of months and then maybe DIPs again,
While this may be true, but what about the risks involved when you buy new altcoins that can make you this type of profit, you can buy so many of them and lose all your money, altcoins are pump and dump and unless you are ready to gamble with your money, you should not buy too many new altcoins.
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Re: Bitcoin or Etherum?
« Reply #44 on: April 27, 2024, 02:39:33 PM »
There are altcoins that has the potential to give you a 1000X profit in matter of months and then maybe DIPs again,
While this may be true, but what about the risks involved when you buy new altcoins that can make you this type of profit, you can buy so many of them and lose all your money, altcoins are pump and dump and unless you are ready to gamble with your money, you should not buy too many new altcoins.
That was simply a hypothetical scenario and just an illustration to show that the movement of altcoins and bitcoin may not really be the same in all cases.
And you're right that altcoins are pump and dump and investing in them is pure gambling. Of course everyone who invest in altcoins already know that just like gambling, their possibilities of winning is way lower than that of losing and that the odds are against them.

Most of these projects are created for the benefit of the project creators and the early investors, just like a Ponzi scheme, so anyone who dives into these sort of investments already should know the risks attached to them.

 

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