Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: sugarpie2018 on July 19, 2018, 12:57:21 PM
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Litecoin founder Charlie Lee has recently advised investors and cryptocurrency enthusiasts to first by at least one Bitcoin before diving in to purchase altcoins via his Twitter account and I quote
“There will be at most 21 million Bitcoins in existence. There isn’t even enough BTC to go around for EVERY millionaire to own one. So before you buy any other coin (LTC included), try to own at least 1 BTC first. Once you have 1 BTC, buy all the s***coins you want!”
Whats your advice?
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Good adviced. To buy one bitcoin seems easy but in reality it needs more money before you can buy it. Actually it is the most expensive coin in the world. After that buy potentials coins and not shitcoins.
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That's good to the other investors But if you ask me to think about it as well as the bitcoin has the biggest price or value in all the coins and can not easily to buy it in the same currency and I think I do not need to buy a bitcoin to buy another you are in your ruling and are upset if you do not want or want to.
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Yes. Buy bitcoin before any other altcoins to make sure you earn the most important coin in crypto. To own one bitcoin is achievement.
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I agree with this statement, everyone must necessarily have in their wallet bitcoin
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if I'm not sure which one should I buy first. sometimes bitcoin first then I use to buy other coin. sometimes I also directly buy another crypto. By using Etherium or IDR
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You have some points. Anyways, owning 1 btc is enough before buying altcoins. Btc is the main coin that move in a major way in crypto. Once we hear bitcoin we all know that there are altcoins. Better to earn the main before anything else.
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You should buy bitcoin or ETH to get into the market to start with. Then you can use alt coins to increase your stack of bitcoin or eth day trading back and forth to increase your stack.
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Litecoin founder Charlie Lee has recently advised investors and cryptocurrency enthusiasts to first by at least one Bitcoin before diving in to purchase altcoins via his Twitter account and I quote
“There will be at most 21 million Bitcoins in existence. There isn’t even enough BTC to go around for EVERY millionaire to own one. So before you buy any other coin (LTC included), try to own at least 1 BTC first. Once you have 1 BTC, buy all the s***coins you want!”
Whats your advice?
I think bitcoin is more valuable. I dint have much money, I prefer to buy ethereum for long term investment.
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Yeah, because bitcoin is a more profitable investment. But if you are a beginner, I suggest you buy bitcoin in the smallest value first. What's more, invest your money in several altcoins to support one another if there is a loss on one of the coins.