The amount of money an investor is willing to risk on every cryptocurrency project they decide to invest in determines how profitable those coins will be for them. According to the investing formula, the more money invested, the better the returns expected. When the market climbs, expect a substantial return if you make huge investments.
What would be the best investment for a better profit?
What would be the best investment for a better profit?
What would be the best investment for a better profit?All of us who are involved in cryptocurrencies know that Bitcoin and Ethereum are the best and most popular currencies among cryptocurrencies. Still if going to find the best then definitely I will take Bitcoin as the best because we have seen that Bitcoin is the king of all cryptocurrencies with the price of all coins fluctuating depending on the price of Bitcoin. Another investor's first choice is Bitcoin. But for my part I have invested both bitcoin and ethereum but more in ethereum than bitcoin because with the money I had I got an ethereum rather than a small amount of bitcoin it made me very emotional.
What would be the best investment for a better profit?The best one is always Bitcoin.
What would be the best investment for a better profit?Bitcoin is one of the most popular and reliable cryptocurrency but Ethereum is the best and most popular among altcoins. As an investment an investor can profit by investing in both coins but by investing in Bitcoin an investor can be much safer and not have to take much risk. Also Bitcoin does not fluctuate its price depending on any other coin but if we look at Ethereum among altcoins we can see that Bitcoin fluctuates its price depending on the market. At most I would definitely consider Bitcoin better than Ethereum.
What would be the best investment for a better profit?
What would be the best investment for a better profit?
I always preferred Bitcoin. It is more stable than Ethereum.Your choice is very smart because if you choose Bitcoin as the coin of choice, it will give you a lot of profit,
I always preferred Bitcoin. It is more stable than Ethereum.BTC price is not so stable, and stability may not be one of the reasons why i would choose BTC above other coins, if you want stabillity, then you have to use stablecoins. I prefer BTC because it is decentralized and censorship resistant, but Ethereum is centralized; when i use BTC i am so sure that i am in control of my funds and i don't need any third party.
I always preferred Bitcoin. It is more stable than Ethereum.I also think that Bitcoin is the most secure coin for investment. However, the price of Bitcoin isn't stable, Bitcoin fluctuates and it changes quite significantly in a day. If we want to look for the stable coins for investment, USDT can be the coin for you. But I don't want to invest in stable coins because we can't expect for huge profits. To get huge profits, we must choose very unstable coins.
What would be the best investment for a better profit?Both Bitcoin and Ethereum are two very popular coins in the coin market. Investing in these two top most favorite coins is definitely profitable if it is planned to hold after long term investment. If I had enough funds, I would have invested on those two coins. If you have enough dollars then you can invest in these two coins using special DCA method and think of long term holding and prepare to get huge profits in future.
What would be the best investment for a better profit?Bitcoin, as long as we know the right time to buy and sell, Bitcoin will become the first
What would be the best investment for a better profit?Bitcoin, as long as we know the right time to buy and sell, Bitcoin will become the first
Because Bitcoin is the first crypto and it is the best one
Bitcoin still more far better than Ethereum I just have a natural likeness for bitcoin that altcoin because its done in me that altcoin may likely fail any point in time, but bitcoin still possess that strongest power to will over every other currency, and can't easily be controlled or killed by any government agencies. Investment with bitcoin is more secure and trusted than altcoin such as Ethereum or any other.Whatever the reason, Bitcoin is always the best crypto to invest. Bitcoin will be always the first.
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.
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.
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
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 bukeleBitcoin 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.
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
Yeah you're right,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.
What would be the best investment for a better profit?Profit wise, Ethereum would be a better option instead of Bitcoin.
Diversication of investment is always a welcome idea and most times knowing the right coins to add to your portfolio is the major thing hereDiversification 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.
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 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.
Diversication of investment is always a welcome idea and most times knowing the right coins to add to your portfolio is the major thing hereDiversification 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.
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.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.
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 ;DUp to 15% moving of Ethereum price if bitcoin can raise up to 10%, I think its reason large moving up price why many trader or investor spent their investing in altcoin than bitcoin exactly not get large amount of capital for trading. I think profitable earn from altcoin bigger than bitcoin but have to ready getting risk when investing in altcoin if bitcoin crashing around 5% has opportunity for altcoin dropping more than 15%.
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.
What would be the best investment for a better profit?there are no assurance about profits mate but as long as you understand what you are entering ? then you are in better positioning and better result .
Of course, also be prepared for all the risks that will occur,What would be the best investment for a better profit?there are no assurance about profits mate but as long as you understand what you are entering ? then you are in better positioning and better result .
but for the best advise? there is nothing better than investing your money in Bitcoin of course , but if having a chance then better to put your money on them both .
Bitcoin and ETH are mandatory coins for long-term investment, now still quite affordable and down from the last ATH price.
Strong speculation about the soon-to-reach ATH of $100k++.
-snip-At Bybit with only $100 you can get a lot of new coin airdrops, this is indeed a marketing strategy to make many users interested.
But recently I understand why this happens. Most of the projects promote their coins through exchanges and they offer airdrop for early traders. If you are aware of bybit listing events, then you may know what I am talking about.
What would be the best investment for a better profit?Well, we're talking about profits, but no one wants to use price charts and data. I'm happy to do that, as a few imgs will help us understand each other better.
At Bybit with only $100 you can get a lot of new coin airdrops, this is indeed a marketing strategy to make many users interested.
Not only on Bybit, but many exchanges also use it.
Now that airdrops on exchanges or giveaways for new coins are increasingly in demand, new coins are doing this so that more and more investors are getting better known and more investors are entering.
Yeah regardless of the asset you choose to invest in, the potentials of losses and gains are always there, and it's important for every investor to know the risks associated with whatever investment he wishes to enter even before he enters, this often helps investors to minimise the risks of losses, because by being fully aware of the presence of losses in an investment, it'll help the investor to make calculated and logical decisions at all time.What would be the best investment for a better profit?there are no assurance about profits mate but as long as you understand what you are entering ? then you are in better positioning and better result .
but for the best advise? there is nothing better than investing your money in Bitcoin of course , but if having a chance then better to put your money on them both .
Yeah, but the number of short-term investors are increasing lately. There are a lot of investors who do not really care about Bitcoin or Eth but they look for the newest coin that is going to be listed on exchanges. Most of the new coins are just pump-and-dump coins and sometimes I feel like those coins are scams. Some of these coins get 5000% pump in the first hour of listing but then again those coins dumps to the bottom.
So those who think such tokens and coins can earn them a fortune then they are having a wrong mindset because most people lose in such trades unless they have already acquired some coins some way before the listing of the coin or token in an exchange.
These set of altcoins you've listed have indeed created some sort of hype in the altcoin market, especially amongst investors who are still relatively new in the crypto space. People have now believed that if those tokens can actually do so well and yield that much profit, that other altcoins can actually replicate the success and so they spread their investment across several altcoins hoping to find the next big coin that'll change their lives.So those who think such tokens and coins can earn them a fortune then they are having a wrong mindset because most people lose in such trades unless they have already acquired some coins some way before the listing of the coin or token in an exchange.
Coins like Shiba Inu, Bonk and ORDI have created this hype. People think that if Shiba Inu could pump like this, or if Ordi or Bonk could pump like this, then why not another Bonk? They continuously invest, hoping to see another Bonk or another Ordi. Some shitcoin projects were successful previously. This is why people invest in shitcoins with the hope that they will have the fortune investing in shitcoins. To be honest, I have bough a couple of shitcoins back in 2021 with the hope that those tokens will pump as well. But I was wrong with my prediction and most of them now worth zero.
Coins like Shiba Inu, Bonk and ORDI have created this hype. People think that if Shiba Inu could pump like this, or if Ordi or Bonk could pump like this, then why not another Bonk? They continuously invest, hoping to see another Bonk or another Ordi. Some shitcoin projects were successful previously. This is why people invest in shitcoins with the hope that they will have the fortune investing in shitcoins. To be honest, I have bough a couple of shitcoins back in 2021 with the hope that those tokens will pump as well. But I was wrong with my prediction and most of them now worth zero.You are 100% right, but IMO people are looking at the wrong projects, as at the moment I thought people would be farming runes tokens which just got listed on some exchanges. I will call it a meme coin. And it can also give huge pumps in the future, but it's just a speculation, not financial advice. Speaking of Shiba, Bon, ORDI and first some originals and BRC-20 tokens have made people a lot of money.
Actually, to get high and maximum profits, it doesn't depend on which type of asset we maximize, but on the strategy we apply to get the best way to manage and make money.So if I'm to understand you correctly, you're saying that it doesn't matter if I'm HODLing BTC or TRX, that I'll still maximise profits as long as I have an effective strategy is applied, or is your statement only about/between BTC and ETH?
There are many hearing about bitcoin in cryptocurrency and couldn't differentiate from what it means to other cryptos, even though its never a thing of doubt that in cryptocurrency, the next after bitcoin is Ethereum which is altcoin, that doesn't equate them under the same category or value, we can know more from their respective market capitalization and PoW or PoS which vividly differentiate them from each otherso what is the answer or your choice? maybe best to invest in bitcoin and ethereum together?
If a user confirms that he has enough financial support and can invest in Bitcoin and Ethereum at the same time, I would definitely welcome him to invest because he has chosen the right two coins to invest in. Many times it is seen that we can select the right coin but we cannot invest in the right coin due to insufficient amount of money. Some may only invest in Bitcoin and some may only invest in Ethereum, but everyone's first choice of investment is Bitcoin. If I have money that I can invest in only one coin then I will definitely take Bitcoin as that coin.There are many hearing about bitcoin in cryptocurrency and couldn't differentiate from what it means to other cryptos, even though its never a thing of doubt that in cryptocurrency, the next after bitcoin is Ethereum which is altcoin, that doesn't equate them under the same category or value, we can know more from their respective market capitalization and PoW or PoS which vividly differentiate them from each otherso what is the answer or your choice? maybe best to invest in bitcoin and ethereum together?
they have their own blockchain and they have their own supporters and future means i will choose them both
than just choosing one right?what do you think is best to deal with it?
While it's a wise choice to always diversify one's investment and investing in both could actually prove to be quite a viable option and approach to increasing your chances of profitability, I'm strongly on the opinion that Bitcoin investment alone can actually fetch you the profit you desire if you channel all the energy and resources you intend to split into just bitcoin investment, although it does take time but you're sure that as long as you keep HODLing and keeping your investment safe and secure, you'll always make amazing profit in the long wrong.There are many hearing about bitcoin in cryptocurrency and couldn't differentiate from what it means to other cryptos, even though its never a thing of doubt that in cryptocurrency, the next after bitcoin is Ethereum which is altcoin, that doesn't equate them under the same category or value, we can know more from their respective market capitalization and PoW or PoS which vividly differentiate them from each otherso what is the answer or your choice? maybe best to invest in bitcoin and ethereum together?
they have their own blockchain and they have their own supporters and future means i will choose them both
than just choosing one right?what do you think is best to deal with it?
What would be the best investment for a better profit?Ethereum was also good investment but If we compare this to Bitcoin in terms profit, Bitcoin is better. Based on their charts, Bitcoin gains more than 300% from Nov 2022 while Ethereum gains more than 200%. This year was a great advantage to Bitcoin because of halving, people expected for the price explode last quarter of this year or the year 2025. While Ethereum don't have new updates at the moment but still benefit from Bitcoin's price increase.
Speaking of halving.What would be the best investment for a better profit?Ethereum was also good investment but If we compare this to Bitcoin in terms profit, Bitcoin is better. Based on their charts, Bitcoin gains more than 300% from Nov 2022 while Ethereum gains more than 200%. This year was a great advantage to Bitcoin because of halving, people expected for the price explode last quarter of this year or the year 2025. While Ethereum don't have new updates at the moment but still benefit from Bitcoin's price increase.
Speaking of halving.What would be the best investment for a better profit?Ethereum was also good investment but If we compare this to Bitcoin in terms profit, Bitcoin is better. Based on their charts, Bitcoin gains more than 300% from Nov 2022 while Ethereum gains more than 200%. This year was a great advantage to Bitcoin because of halving, people expected for the price explode last quarter of this year or the year 2025. While Ethereum don't have new updates at the moment but still benefit from Bitcoin's price increase.
Yes, after halving Bitcoin's price might increase, and as we know Ethereum and other altcoins followed Bitcoin sentiment that Bitcoin has a potential than altcoins when we talk about making a profit.
So now that Bitcoin has halved it is definitely more likely to start a bull run later. This is because every halving that has taken place in the past has seen the highest growth in the Bitcoin group in the year following each halving.That's true,
There are many hearing about bitcoin in cryptocurrency and couldn't differentiate from what it means to other cryptos, even though its never a thing of doubt that in cryptocurrency, the next after bitcoin is Ethereum which is altcoin, that doesn't equate them under the same category or value, we can know more from their respective market capitalization and PoW or PoS which vividly differentiate them from each otherso what is the answer or your choice? maybe best to invest in bitcoin and ethereum together?
they have their own blockchain and they have their own supporters and future means i will choose them both
than just choosing one right?what do you think is best to deal with it?
Choosing both is the best deal for me since both coins(Ethereum and bitcoin) can give profits if hodl for long.There are many hearing about bitcoin in cryptocurrency and couldn't differentiate from what it means to other cryptos, even though its never a thing of doubt that in cryptocurrency, the next after bitcoin is Ethereum which is altcoin, that doesn't equate them under the same category or value, we can know more from their respective market capitalization and PoW or PoS which vividly differentiate them from each otherso what is the answer or your choice? maybe best to invest in bitcoin and ethereum together?
they have their own blockchain and they have their own supporters and future means i will choose them both
than just choosing one right?what do you think is best to deal with it?
but i will not support the decision for going for any altcoin without first investing on bitcoinSo many people believe that after you've successfully invested in Bitcoin, the next available option would be filling your bag with altcoins and that way your chances of profitability is increased, while this could be true in some cases when you purchase the right tokens and is able to predict the short-term performances of those tokens, this could also mostly lead to losses rather than profits as you'll end up buying one of these pump and dump projects that are all over the crypto space now, and end up losing HODLing till the token has already been dumped.
Bitcoin first and dafter bitcoin, then Ethereum and others from the order of coinmarketcap ranking, but i will not support the decision for going for any altcoin without first investing on bitcoin, this is what everyone of us should understand and know the reason why we should do so, there are many features that makes me accept for choosing bitcoin first because its decentralized and uses PoW, just to mention few.Bitcoin should be the first choice. :) Altcoins will be the alternative choice for our investment. Ethereum, BNB coin, and other altcoins are good for the diversification of our assets.
Hodling both than one sounds alright and gives one multiple gain from both instead of just having the gains on one aloneHowever, it depends on the coins, whether it is good coins or bad coins. If we hold 2 good coins, we may take more advantages. Holding 2 good coins means we can take more profits. But if we hold 2 bad coins, we probably won't get any advantage. Instead of getting more profits, we probably got bigger losses. That's why we must choose the coins carefully if we want to diversify our assets.
There is no way someone will choose altcoins for bitcoin unless the person is ignorant of the cryptocurrency market. If you want to invest in altcoins you have to secure some number of bitcoin in Electrum wallet then you can come to altcoins and select the coin you are interested in so that when the price of bitcoin enter the All Time High then you will not be left alone. No altcoin is fast in movement like bitcoin. And when you invest in bitcoin you just have to target you reaping date. And all will be done. But altcoins can't give you on the target date.
What would be the best investment for a better profit?
What would be the best investment for a better profit?Investing in both coins is profitable and very safe but if you compare between these two then Bitcoin will come out on top. Bitcoin has a huge popularity and marketcap that ETH has yet to gain. So Bitcoin can be considered as the first in this case. But if anyone wants advice on investing then I would suggest investing in both of these. Because these two coins are among the top cryptocurrencies and investing in them is less risky than other coins.
Bitcoin is the king of cryptocurrency, and that is why I will prefer to invest in bitcoin up to a level that I feel I have acquired enough Bitcoin before I will think of buying Etherum. This is because, it is good to focus on one investment first and grow it before diversifying into another. If you want to invest in them simultaneously, you will get distracted and bitcoin is the best among the two. Only 10% of my total bitcoin portfolio will be in Etherum.What would be the best investment for a better profit?Investing in both coins is profitable and very safe but if you compare between these two then Bitcoin will come out on top. Bitcoin has a huge popularity and marketcap that ETH has yet to gain. So Bitcoin can be considered as the first in this case. But if anyone wants advice on investing then I would suggest investing in both of these. Because these two coins are among the top cryptocurrencies and investing in them is less risky than other coins.
Bitcoin is the king of cryptocurrency, and that is why I will prefer to invest in bitcoin up to a level that I feel I have acquired enough Bitcoin before I will think of buying Etherum. This is because, it is good to focus on one investment first and grow it before diversifying into another. If you want to invest in them simultaneously, you will get distracted and bitcoin is the best among the two. Only 10% of my total bitcoin portfolio will be in Etherum.If someone give me two option and asking for only choose one then I will definitely choose Bitcoin rather than choosing etherium. That's doesn't mean that etherium is a bad investment source or untrustworthy it's because of where Bitcoin is the opponent all others down but I have also both investment in ethirum and Bitcoin for long term and I can say if anyone want to diversing his investment they can chose the Ethereum as the side of bitcoint
With even being told, everyone who has cryptocurrency knowledge knows without doubt that Bitcoin is way better than Ethereum and anyone would gladly choose to HODL Bitcoin over Ethereum, because Bitcoin has thr advantage of being the first ever introduced Cryptocurrency of its kind, plus it has lots of potentials for growth and profitability more than any other crypto, including Ethereum.Bitcoin is the king of cryptocurrency, and that is why I will prefer to invest in bitcoin up to a level that I feel I have acquired enough Bitcoin before I will think of buying Etherum. This is because, it is good to focus on one investment first and grow it before diversifying into another. If you want to invest in them simultaneously, you will get distracted and bitcoin is the best among the two. Only 10% of my total bitcoin portfolio will be in Etherum.If someone give me two option and asking for only choose one then I will definitely choose Bitcoin rather than choosing etherium. That's doesn't mean that etherium is a bad investment source or untrustworthy it's because of where Bitcoin is the opponent all others down but I have also both investment in ethirum and Bitcoin for long term and I can say if anyone want to diversing his investment they can chose the Ethereum as the side of bitcoint
I avoid Eth like the plagueIt is quite strange you avoid ETH. I don't see any reason people avoid ETH because it is the king of altcoins. Why you avoid it? Most people makes ETH to be the second priority of their crypto assets.
I HAVESOL is surely a great crypto coin. Doge is just a meme coin although it is one of the top coins. Not sure why many people still believe in Dogecoin, I see Elon Musk become rarely posted about Dogecoin. And LTC looks like a too old altcoin, it seems no big progress. Do you have own reason to choose Doge and LTC?
Solana
Doge
Ltc
And mostly BTCNo doubt BTC should be the number 1 crypto asset. I think all crypto investors must prioritize Bitcoin as their main asset. I also always allocate funds for Bitcoin and always try to accumulate more. But nowadays, I'm not sure to accumulate again after the price crossed $70k.
No doubt BTC should be the number 1 crypto asset. I think all crypto investors must prioritize Bitcoin as their main asset. I also always allocate funds for Bitcoin and always try to accumulate more. But nowadays, I'm not sure to accumulate again after the price crossed $70k.Before even considering or thinking or diversifying your investment to other sectors or tokens, one should first work on building a solid bitcoin stash, since Bitcoin is the safest and most reliable crypto asset to invest in, having a stash and a solid portfolio gives your insurance for your future because you'll be sure that even in several years to come, your Bitcoin investment will continue to grow and yield more interest for you in the long run, without fear of your investment crashing down in the market like other shitcoins.
Although I wouldn't advice anyone to invest in shitcoins even after accumulating a good number of Bitcoin, but if you must, Bitcoin accumulation should first be prioritized over shitcoinsAs long as Ethereum is not Shitcoin, that means diversifying can also be done to fill our bags with Bitcoin and Ethereum as the most stable cryptocurrency assets among others. Regarding your suggestion that you don't need to buy shitcoins or maybe memecoins (my assumption), I slightly disagree... sorry. Until now, in my opinion this is still a pleasure in itself, allocating 1% to memecoin or shitcoin in the hope that there will be an increase of x10 or x100 is sometimes fun too.
If you are asked to choose, of course, the very best one is clearly true what you said what you say, bitcoin is the one that will definitely be chosen. But with the price that is also quite high, there must be other choices that are made and must also be just as good and ethereum is that choice.With even being told, everyone who has cryptocurrency knowledge knows without doubt that Bitcoin is way better than Ethereum and anyone would gladly choose to HODL Bitcoin over Ethereum, because Bitcoin has thr advantage of being the first ever introduced Cryptocurrency of its kind, plus it has lots of potentials for growth and profitability more than any other crypto, including Ethereum.Bitcoin is the king of cryptocurrency, and that is why I will prefer to invest in bitcoin up to a level that I feel I have acquired enough Bitcoin before I will think of buying Etherum. This is because, it is good to focus on one investment first and grow it before diversifying into another. If you want to invest in them simultaneously, you will get distracted and bitcoin is the best among the two. Only 10% of my total bitcoin portfolio will be in Etherum.If someone give me two option and asking for only choose one then I will definitely choose Bitcoin rather than choosing etherium. That's doesn't mean that etherium is a bad investment source or untrustworthy it's because of where Bitcoin is the opponent all others down but I have also both investment in ethirum and Bitcoin for long term and I can say if anyone want to diversing his investment they can chose the Ethereum as the side of bitcoint
But with the price that is also quite high, there must be other choices that are made and must also be just as good and ethereum is that choice.And who says you need to own a Wholecoin or a full bitcoin before you can make profits from it?
And who says you need to own a Wholecoin or a full bitcoin before you can make profits from it?The choice of crypto asset to invest in is each individual's decision. BTC and ETH are both good choices in the crypto market as they are safe and have created new ATHs in each cycle. Some investors still make profits from ALTS in the market, while some BTC investors regret the opportunity to earn higher profits in altseason. I usually avoid giving financial advice, I just share my point of view: investors should allocate a large portion of their capital to BTC and ETH, the rest can be diversified into many top ALTS in the market.
Investors who buy in sats and HODL for the long-term still end up making even larger profits than those who choose to diversify to other tokens with the impression that bitcoin is too expensive to buy and HODL.
If you've got the funds to buy a Wholecoin, awesome but if not, you could buy in sats and HODL and still make your profits.
Lolz. Like minded people are here too. I distance myself from Ethereum for a long time ago but I saw a news feed yesterday that Ethereum is the highest performing in the cryptocurrency market. But I didn't really believe that story. And as for me I don't have any supported altcoin for now. And there is no way I will choose Ethereum over bitcoin and I don't think anyone can do that.What would be the best investment for a better profit?
I avoid Eth like the plague
I HAVE
Solana
Doge
Ltc
And mostly BTC
Before even considering or thinking or diversifying your investment to other sectors or tokens, one should first work on building a solid bitcoin stash, since Bitcoin is the safest and most reliable crypto asset to invest in, having a stash and a solid portfolio gives your insurance for your future because you'll be sure that even in several years to come, your Bitcoin investment will continue to grow and yield more interest for you in the long run, without fear of your investment crashing down in the market like other shitcoins.Indeed. Bitcoin should be the major asset in crypto. People should focus on building their Bitcoin asset firstly before they diversify it with Ethereum and other altcoins. Bitcoin is the most recommended coin and it is quite safe as well. If we check the history of the price growth, Bitcoin looks quite consistent to increase its price. And the adoption of Bitcoin is also very positive. Bitcoin deserves to be the priority.
Although I wouldn't advice anyone to invest in shitcoins even after accumulating a good number of Bitcoin, but if you must, Bitcoin accumulation should first be prioritized over shitcoins
If you've got the funds to buy a Wholecoin, awesome but if not, you could buy in sats and HODL and still make your profits.
This is what makes bitcoin more unique than other assets not in the same line with bitcoin because it gives room to poor people to also invest by using as little as $10 to buy some Sats. DCA is the best strategy for mostly the poor because they cannot have huge amount of money to lump sum due to their little income and high responsibility. The important thing with DCA is if you can be consistent with buying regularly either weekly or monthly for 4-10 years and above, you will be surprised at the amount of bitcoin that you have accumulated overtime.
If you've got the funds to buy a Wholecoin, awesome but if not, you could buy in sats and HODL and still make your profits.
Right now, every sats is important when people are looking for Bitcoin to hit $1 million; for the majority of us, it is hard to obtain one Bitcoin, but that does not mean that we should look for other coins to HODL and make a profit we can do DCA a $50 worth of Bitcoin every week, that is going to worth a lot in few a years, so we should not delay accumulating sats however small.
Indeed, every Sat counts, whether you're a large scale investor or a small scale.
If you've got the funds to buy a Wholecoin, awesome but if not, you could buy in sats and HODL and still make your profits.
Right now, every sats is important when people are looking for Bitcoin to hit $1 million; for the majority of us, it is hard to obtain one Bitcoin, but that does not mean that we should look for other coins to HODL and make a profit we can do DCA a $50 worth of Bitcoin every week, that is going to worth a lot in few a years, so we should not delay accumulating sats however small.
Let's assume you have $50k to invest in Bitcoin, and the market is currently on a bearish trend, rather investing all 50k, you split the money and go on a weekly $500 DCA strategy, and you'll see that, by the time you finish investing all 50k, you'll be having more than 50k in your portfolio, except there's a DIP in the market.If we really have enough time to carry out analysis and carry out the DCA strategy well and wisely, then this will be a very suitable strategy, especially at times like this, and with limited capital. It's just that, of course we will be busier than just buying it and then leaving it as a holding. In essence, it will depend on each individual's abilities and the best decision is based on his activities and abilities.
What would be the best investment for a better profit?
Bitcoin is the top cryptocurrency coin, followed closely by Ethereum. However, most investors prefer Bitcoin for long-term holdings, as Bitcoins are more profitable and less risky for long-term holdings. Since bitcoin and eth are the top cryptocurrencies, we cannot leave Ethereum behind. Because Eth also provides high return on long term investment, now it is a personal matter which coin to invest in. Because both coins provide high return, in this case personally I love to invest in Bitcoin and I always invest in Bitcoin.I also think Bitcoin is best. But some people think Ethereum will give first and good return within short time. Because Bitcoin price is too high right now on the otherhand Ethereum price is reasonable from Bitcoin.
It is really very convincing when holding BTC as a long-term asset... but of course not 100% due to price fluctuations being another reason... Bitcoin does have better long-term price movements, but we also have to have strength good holding, such as not being easily influenced by FUD or FOMO... usually this is the main barrier when someone enters the world of Bitcoin trading.What would be the best investment for a better profit?
Bitcoin can be a good choice to invest. Bitcoin and Ethereum are the top two cryptocurrencies. Two things are important for investment (1) Assurance of profit (2) Trustworthiness. Both Bitcoin and Ethereum have these qualities if you are investing for the long term. Like other cryptos, Bitcoin and Ethereum will not expire. Since Bitcoin is the top crypto I would rate Bitcoin more than Ethereum.
Let's assume you have $50k to invest in Bitcoin, and the market is currently on a bearish trend, rather investing all 50k, you split the money and go on a weekly $500 DCA strategy, and you'll see that, by the time you finish investing all 50k, you'll be having more than 50k in your portfolio, except there's a DIP in the market.If we really have enough time to carry out analysis and carry out the DCA strategy well and wisely, then this will be a very suitable strategy, especially at times like this, and with limited capital. It's just that, of course we will be busier than just buying it and then leaving it as a holding. In essence, it will depend on each individual's abilities and the best decision is based on his activities and abilities.
Of course there must be determination, focus and sacrifice with patience for anyone who is investing in order for him to be able to hodli over a long period of time. If DCA is done properly with the right amount, and you do it consistently before you know it, you will be shocked at the amount of bitcoin that you have accumulated for 4 years. It is when you use an amount that is bigger than what you are supposed to use in DCAing is when you will not be able to hodli for long due to some emergencies that will occur.Let's assume you have $50k to invest in Bitcoin, and the market is currently on a bearish trend, rather investing all 50k, you split the money and go on a weekly $500 DCA strategy, and you'll see that, by the time you finish investing all 50k, you'll be having more than 50k in your portfolio, except there's a DIP in the market.If we really have enough time to carry out analysis and carry out the DCA strategy well and wisely, then this will be a very suitable strategy, especially at times like this, and with limited capital. It's just that, of course we will be busier than just buying it and then leaving it as a holding. In essence, it will depend on each individual's abilities and the best decision is based on his activities and abilities.
That’s the absolute true, you have spoken exactly what I had in mind. The DCA strategy can be quite useful, especially where time is in your favor and your capital is limited. Thus, it forms a good and constructive approach towards the investment, which is capable of eradicating the imperatives of market risks and timing. However, as you rightly mentioned it does need a little more effort and focus than a conventional ‘buy and hold’ strategy. Again, people are advised to Heed their circumvents, as well as availability of time when developing investment strategies. At some point, it is vital to realize that goal determination should be commensurate with available resources, time, and personal capabilities to achieve success
Of course there must be determination, focus and sacrifice with patience for anyone who is investing in order for him to be able to hodli over a long period of time. If DCA is done properly with the right amount, and you do it consistently before you know it, you will be shocked at the amount of bitcoin that you have accumulated for 4 years. It is when you use an amount that is bigger than what you are supposed to use in DCAing is when you will not be able to hodli for long due to some emergencies that will occur.
Of course there must be determination, focus and sacrifice with patience for anyone who is investing in order for him to be able to hodli over a long period of time. If DCA is done properly with the right amount, and you do it consistently before you know it, you will be shocked at the amount of bitcoin that you have accumulated for 4 years. It is when you use an amount that is bigger than what you are supposed to use in DCAing is when you will not be able to hodli for long due to some emergencies that will occur.Slow and steady they say wins the race, and this phrase is completely true when practicing the DCA strategy. One major advantage of this Bitcoin accumulation strategy is that, it helps one ride out the effects of temporary market fluctuations and like you've pointed out, gives one more courage to HODL for the long-term by creating a more conducive environment and stabilizing your emotions even in the face of unfavorable market conditions l, because you're only putting in a part of your income into your investment, and this part is mostly money you don't plan to use in a long time, it's more like throwing some money into a piggy bank with hope of saving it for a long time.
I completely agree with you. Bitcoin accumulation strategy through DCA is a part of people's disposable income which runs for a long time. In the long run, every buy signal every week or month will eventually make your portfolio look unit price decent. As well as the size of the Bitcoin stack. One of the advantages of DCA is that it is a universal method that allows people of all classes, rich and poor, to own bitcoin. But you are recommendation to keep floating cash to meet urgent needs to keep the DCA strategy going for a long time. So that you can meet urgent needs by using floating cash fund without withdrawing your investment. The objective is to continue accumulating bitcoin for the long term.Of course there must be determination, focus and sacrifice with patience for anyone who is investing in order for him to be able to hodli over a long period of time. If DCA is done properly with the right amount, and you do it consistently before you know it, you will be shocked at the amount of bitcoin that you have accumulated for 4 years. It is when you use an amount that is bigger than what you are supposed to use in DCAing is when you will not be able to hodli for long due to some emergencies that will occur.Slow and steady they say wins the race, and this phrase is completely true when practicing the DCA strategy. One major advantage of this Bitcoin accumulation strategy is that, it helps one ride out the effects of temporary market fluctuations and like you've pointed out, gives one more courage to HODL for the long-term by creating a more conducive environment and stabilizing your emotions even in the face of unfavorable market conditions l, because you're only putting in a part of your income into your investment, and this part is mostly money you don't plan to use in a long time, it's more like throwing some money into a piggy bank with hope of saving it for a long time.
✂️✂️✂️✂️I completely agree with you. Bitcoin accumulation strategy through DCA is a part of people's disposable income which runs for a long time. In the long run, every buy signal every week or month will eventually make your portfolio look unit price decent. As well as the size of the Bitcoin stack. One of the advantages of DCA is that it is a universal method that allows people of all classes, rich and poor, to own bitcoin. But you are recommendation to keep floating cash to meet urgent needs to keep the DCA strategy going for a long time. So that you can meet urgent needs by using floating cash fund without withdrawing your investment. The objective is to continue accumulating bitcoin for the long term.
Slow and steady they say wins the race, and this phrase is completely true when practicing the DCA strategy. One major advantage of this Bitcoin accumulation strategy is that, it helps one ride out the effects of temporary market fluctuations and like you've pointed out, gives one more courage to HODL for the long-term by creating a more conducive environment and stabilizing your emotions even in the face of unfavorable market conditions l, because you're only putting in a part of your income into your investment, and this part is mostly money you don't plan to use in a long time, it's more like throwing some money into a piggy bank with hope of saving it for a long time.
I'm pretty sure I didn't say this or maybe you misunderstood my point or maybe you didn't state it well.✂️✂️✂️✂️I completely agree with you. Bitcoin accumulation strategy through DCA is a part of people's disposable income which runs for a long time. In the long run, every buy signal every week or month will eventually make your portfolio look unit price decent. As well as the size of the Bitcoin stack. One of the advantages of DCA is that it is a universal method that allows people of all classes, rich and poor, to own bitcoin. But you are recommendation to keep floating cash to meet urgent needs to keep the DCA strategy going for a long time. So that you can meet urgent needs by using floating cash fund without withdrawing your investment. The objective is to continue accumulating bitcoin for the long term.
Knowing that Ethereums momentum is leaned on Bitcoin and at am times Bitcoin pull up leaves it behind, I think Bitcoin is better but while I consider diversifying of my income, then I would always consider Ethereum reason because they are alike in liquidity and of course same Blockchains which I am confounded on with my digital assets.Bitcoin is a pioneer and has become a reference for all coins/tokens. Nothing can move alone whether it wants to increase or decrease without movement from Bitcoin. But ethereum is very good and can also make its own movements not at the same time as bitcoin, but its intensity is not that high.
Knowing that Ethereums momentum is leaned on Bitcoin and at am times Bitcoin pull up leaves it behind, I think Bitcoin is better but while I consider diversifying of my income, then I would always consider Ethereum reason because they are alike in liquidity and of course same Blockchains which I am confounded on with my digital assets.Bitcoin is a pioneer and has become a reference for all coins/tokens. Nothing can move alone whether it wants to increase or decrease without movement from Bitcoin. But ethereum is very good and can also make its own movements not at the same time as bitcoin, but its intensity is not that high.
I think it is natural that you want to consider ethereum because it is the best altcoin to date and is very good for short-term trading because it is very active.
Bitcoin is a pioneer and has become a reference for all coins/tokens. Nothing can move alone whether it wants to increase or decrease without movement from Bitcoin. But ethereum is very good and can also make its own movements not at the same time as bitcoin, but its intensity is not that high.It is true, Bitcoin is the pioneer of all crypto coins. So far, the bullish trend in crypto market always begins from the movement of Bitcoin price. The condition of Bitcoin price has a crucial role in crypto market, there is no any crypto coin that has the same role as Bitcoin. Even Ethereum cannot have the same role, Ethereum is just one of the coins that is triggered by Bitcoin price movement.
I think it is natural that you want to consider ethereum because it is the best altcoin to date and is very good for short-term trading because it is very active.Sure, Ethereum is the king of altcoins. It makes sense if Ethereum becomes the priority if we want to diversify our crypto assets. Besides Bitcoin, Ethereum should be the most recommended coin, too. I also prioritize to add more Ethereum when I think I need to have more crypto coins.
What would be the best investment for a better profit?
I'm afraid but I'll need to disagree with you on this one.What would be the best investment for a better profit?
Bitcoin first then followed by ethereum, but what determines how profitable we go by our investment in them is the level of exposure we had, things don't just happened like that, instead, we make them happen by the way of how we understand them, the way we are investing and the kind of investment made in them will also depends on how we are going to earn from the investment made on each.
I doubt that ETH can make its own movement, for quite some time now, i have fixed my eye on ETH price move and from my observations so far, ETH is a massive follower of Bitcoin and that is why it is the best altcoin yet. Due to this ethereum is a good project for long term investment, you can actually buy a huge amount and stay relaxed while your coin increase in profit. By the way, ETH EFT might get approved in the near future and that will prompt a massive pump up to a new ATH for the project, so long term investment would be the best idea for coins like this with potentials and a trustworthy project.In my view the success of profit of any project depends on the understanding and investment of individual. The high your investment the higher will be your profit margin and same case with understanding if you understand Ethereum movement best then the Bitcoin the definitely you will mark your profit from it and if you can't understand it then your profit will be zero and may be you face loss. Now coming to which coin is best for investment then from your post I cam simply say that Bitcoin is best because the ETF of Ethereum is not approved yet so Bitcoin is best. It's my view and understanding may be you will not disagree to me.
I'm afraid but I'll need to disagree with you on this one.It is difficult to generalize about the profitability of BTC and ETH. Two investors may both choose to invest in BTC and ETH, but their capital allocation and trading frequency can significantly impact their returns. Sometimes, traders can achieve higher profits through optimized token allocation strategies, while in other cases, holders may gain more through patience and staking.
You'd be absolutely wrong to say that the profitability of investing in Bitcoin and Ethereum is solely dependent on how an individual acts or approaches the market, or even his understanding about the market.
There are other factors that play the major roles when determining how profitable the investment would be, there are mostly market forces as well as external factors like government regulations, global economic trends, we also have technological advancement and several factors, and these factors play a vital role when it comes to impacting the value and potential returns of an asset you choose to invest in.
It is difficult to generalize about the profitability of BTC and ETH. Two investors may both choose to invest in BTC and ETH, but their capital allocation and trading frequency can significantly impact their returns.Yes you're right about this, but the honest truth remains that, this has the ability to influence or significantly impact their returns or profitability both in a positive and negative way and again, while it has the ability to influence their profitability, there are also several other factors that also contribute and in fact has a bigger influence on an individual's profitability, if you go through my previous comment, you'd observe I used the word SOLELY, the argument is, it's wrong to say that thr profitability of an individual investing in BTC and ETH is solely dependent on the individual.
Today both Bitcoin and Ethereum worth it for investing after going down, if you have capital buy bitcoin or altcoin then hold around one week later get potential earn around 20% profitable.
After Etherum changed from PoW to PoS, it became more of gambling to me and I would not advice a new investor to think of buying Etherum. Bitcoin is the only cryptocurrency that is unique and can be use as a store of value for a long-term. Even if they approve ETH ETF, the price will not skyrocket like bitcoin price did few weeks after the approval of bitcoin ETF. I have no doubt that the most valuable coin is bitcoin followed by Etherum but that doesn't mean Etherum can perform well in the market like bitcoin is doing.Today both Bitcoin and Ethereum worth it for investing after going down, if you have capital buy bitcoin or altcoin then hold around one week later get potential earn around 20% profitable.
There is no question that both Bitcoin and Ethereum are the best options when we talk on cryptocurrency investing most especially for newbies who might now want to get exposed to bigger risks. Now, for Ethereum, there is a huge potential of it to explode right now because of the coming operation of spot Ethereum ETFs in the market. As for Bitcoin, we are looking forward for the big possibility of a bullrun that can catapult the coin towards $150K or even $200K if the market will allow it. The secret is really holding for the long-term and not listen to temporary FUDS that can distract one's attention and decision. One must have the diamond not weak hands in this industry to make it to financial independence.
It seems that the best altcoin is ethereum, or it can be said that ethereum is the king of altcoins, but because we also know that the price is quite high, the same as bitcoin, it will be difficult to buy in units, other than by installments., For that, there is always another alternative seeing that the bullish season is approaching, then BNB, SOL, TON are alternatives that can be purchased in the near future, so you can get units, the benefits of which are also not inferior to when we hold ethereum which is not in the form of units.I think it is natural that you want to consider ethereum because it is the best altcoin to date and is very good for short-term trading because it is very active.Sure, Ethereum is the king of altcoins. It makes sense if Ethereum becomes the priority if we want to diversify our crypto assets. Besides Bitcoin, Ethereum should be the most recommended coin, too. I also prioritize to add more Ethereum when I think I need to have more crypto coins.
Sure, Ethereum is the king of altcoins. It makes sense if Ethereum becomes the priority if we want to diversify our crypto assets. Besides Bitcoin, Ethereum should be the most recommended coin, too. I also prioritize to add more Ethereum when I think I need to have more crypto coins.It seems that the best altcoin is ethereum, or it can be said that ethereum is the king of altcoins, but because we also know that the price is quite high, the same as bitcoin, it will be difficult to buy in units, other than by installments., For that, there is always another alternative seeing that the bullish season is approaching, then BNB, SOL, TON are alternatives that can be purchased in the near future, so you can get units, the benefits of which are also not inferior to when we hold ethereum which is not in the form of units.
I'm afraid but I can't completely agree with your assertion on this matter.It seems that the best altcoin is ethereum, or it can be said that ethereum is the king of altcoins, but because we also know that the price is quite high, the same as bitcoin, it will be difficult to buy in units, other than by installments., For that, there is always another alternative seeing that the bullish season is approaching, then BNB, SOL, TON are alternatives that can be purchased in the near future, so you can get units, the benefits of which are also not inferior to when we hold ethereum which is not in the form of units.I think it is natural that you want to consider ethereum because it is the best altcoin to date and is very good for short-term trading because it is very active.Sure, Ethereum is the king of altcoins. It makes sense if Ethereum becomes the priority if we want to diversify our crypto assets. Besides Bitcoin, Ethereum should be the most recommended coin, too. I also prioritize to add more Ethereum when I think I need to have more crypto coins.
I think it's natural that there will be differences of opinion and that's fine, because, of course, everyone has perceptions that will not always be the same and I really respect that.I'm afraid but I can't completely agree with your assertion on this matter.It seems that the best altcoin is ethereum, or it can be said that ethereum is the king of altcoins, but because we also know that the price is quite high, the same as bitcoin, it will be difficult to buy in units, other than by installments., For that, there is always another alternative seeing that the bullish season is approaching, then BNB, SOL, TON are alternatives that can be purchased in the near future, so you can get units, the benefits of which are also not inferior to when we hold ethereum which is not in the form of units.I think it is natural that you want to consider ethereum because it is the best altcoin to date and is very good for short-term trading because it is very active.Sure, Ethereum is the king of altcoins. It makes sense if Ethereum becomes the priority if we want to diversify our crypto assets. Besides Bitcoin, Ethereum should be the most recommended coin, too. I also prioritize to add more Ethereum when I think I need to have more crypto coins.
Comparing Ethereum to other cryptocurrencies one could only say that it is indeed one of the major players on the market, however it can hardly be deemed the ‘king of altcoins’. It has a higher cost than other altcoins and has a comparatively slow rate of consolidation which therefore makes it less convenient in everyday use. Similarly, the consecutive bullish period may not benefit Ethereum as there are other promising coins like BNB, SOL, TON, and others that are rising with superior technologies along with faster, cheaper, and more advanced solutions. In fact, these may turn out to be even more popular than Ethereum in the near future along with offering greater utility, you may never know what the altcoin market holds
I think the reason why some people address ethereum as the king of altcoins is because of the position ethereum is been place on the coin ranking, following bitcoin. If not that, who could ever call ethereum as king of altcoins when there are many potential coins that are more cheaper than her, that can give maximum profits for investors in the futureI'm afraid but I can't completely agree with your assertion on this matter.It seems that the best altcoin is ethereum, or it can be said that ethereum is the king of altcoins, but because we also know that the price is quite high, the same as bitcoin, it will be difficult to buy in units, other than by installments., For that, there is always another alternative seeing that the bullish season is approaching, then BNB, SOL, TON are alternatives that can be purchased in the near future, so you can get units, the benefits of which are also not inferior to when we hold ethereum which is not in the form of units.I think it is natural that you want to consider ethereum because it is the best altcoin to date and is very good for short-term trading because it is very active.Sure, Ethereum is the king of altcoins. It makes sense if Ethereum becomes the priority if we want to diversify our crypto assets. Besides Bitcoin, Ethereum should be the most recommended coin, too. I also prioritize to add more Ethereum when I think I need to have more crypto coins.
Comparing Ethereum to other cryptocurrencies one could only say that it is indeed one of the major players on the market, however it can hardly be deemed the ‘king of altcoins’. It has a higher cost than other altcoins and has a comparatively slow rate of consolidation which therefore makes it less convenient in everyday use. Similarly, the consecutive bullish period may not benefit Ethereum as there are other promising coins like BNB, SOL, TON, and others that are rising with superior technologies along with faster, cheaper, and more advanced solutions. In fact, these may turn out to be even more popular than Ethereum in the near future along with offering greater utility, you may never know what the altcoin market holds
I think the reason why some people address ethereum as the king of altcoins is because of the position ethereum is been place on the coin ranking, following bitcoin. If not that, who could ever call ethereum as king of altcoins when there are many potential coins that are more cheaper than her, that can give maximum profits for investors in the futurea lot of people would rate a coin higher if their value or price is high as well their marketcaps is usually what most people look at when they are deciding which coins seem to be a good investment
a lot of people would rate a coin higher if their value or price is high as well their marketcaps is usually what most people look at when they are deciding which coins seem to be a good investmentDepend on marketcap I think bitcoin is better than ethereum, but most trader have viewed about prefer for trading in ethereum as top potential altcoin and support with still has lower price than bitcoin and small capital not much problem taking profit when investing with ethereum.
but this is not the only thing they consider because there are still a lot of factors to consider like fees it is known that ethereum has very high gas fees even sometimes higher than that of bitcoin’s
privacy can also be another consideration so it’s good that there are different types of altcoins out there to cater to different types of people
I think the reason why some people address ethereum as the king of altcoins is because of the position ethereum is been place on the coin ranking, following bitcoin. If not that, who could ever call ethereum as king of altcoins when there are many potential coins that are more cheaper than her, that can give maximum profits for investors in the future
... However it's can be dethroned, if any coins rises to over it in market then it has been defeated and the title collected but it seem a bit difficult for now to be dethroned as the gap between it and the other altcoins is a bit wide.That won't happen anytime soon just like you said, ethereum may be has expensive fees but the time and age it was made is something that any coins can't be in the same seat that's why it has large market cap for that alone to be replaced. Well, if some coin other than eth raise at the top by all performance that would be awesome and should be consider to replace it as top 2.
You are absolutely correct mate, that is eventually the reason Ethereum is considered the kind of all altcoins. The fact that it is the second coin with the most market cap makes it incredibly a good project for Investment as it's a reputable coin.Yes, ETH is number 2 in the coin market cap, of course not without reason. So far, there are many altcoins that are often rumored to be able to overtake Ethereum and can endanger ETH. But so far, they still haven't been able to take over ETH. It's just that, when it comes to network usage, BNB with smart chain and Solana are indeed very competitive. The three top coins are very competitive now.
Yes, ETH is number 2 in the coin market cap, of course not without reason. So far, there are many altcoins that are often rumored to be able to overtake Ethereum and can endanger ETH. But so far, they still haven't been able to take over ETH. It's just that, when it comes to network usage, BNB with smart chain and Solana are indeed very competitive. The three top coins are very competitive now.
It's just that for market capitalization, Ethereum's market cap is still much larger than BNB and SOL. even several times more. so it will take a lot of effort for SOL and BNB to be able to take over Ethereum's position. but this is not something that is impossible.
https://www.coingecko.com/
but I must confess that Solana is a good project for Investment you just have to know when to go in and out of the market.Much like many altcoins, you need to know when to buy and when to sell immediately, i don't think i trust altcoins enough to recommend people to store it for a very long time. There are a few established altcoins you can try and store for a longer time, but i will tell people to only store new altcoins for a short time.