Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: mamun777 on November 01, 2018, 09:42:16 AM
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As Bitcoin keep climbing and altcoin keeps going down, is it better to invest in bitcoin or altcoin now?
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Time will come that cryptocurrencies will climb up again if bitcoin will be pump by the whales. Don't worry so much because the end of bearish will end. According to some now is the time to buy more bitcoin and altcoins. You can make it to be more patient
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If you are planning on to BUY BTC then you should probably drop the idea because BTC has increased way too much in a short span of time.
If you already have some BTC and if you want to invest in altcoins then you should try to hold it for a while until the price of BTC increases.
Then BUY altcoins when BTC starts crashing as Altcoins will be seeing a spike in price at that time. So you will get a profit in holding BTC and then you will get a profit while selling Altcoins.
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Both is good to invest as of now . I believe even the price of bitcoin as of now is very high you can invest because I believe it will continue to increase more in the next few weeks and if that happen you can earn more profit. Investing in altcoin is always good because if you invest to that you have chances to earn a lot of profit because if the coin you bought increase your bitcoin grow and once bitcoin price increase you will earn a big profit.
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Although investing in bitcoin and altcoin is the best thing that we can do right now, I still prefer to invest in bitcoin only because I see that bitcoin price can increase higher in the short of time. so if we can buy bitcoin at the low price as is shown in a few weeks ago, then right now, we can sell it to make a profit and we can wait again if the price is down. the reason that I don't want to invest in altcoin right now is the altcoin price is starting to increase and we need to analyze deeply for every coin which we cannot always do this and we could make a wrong decision to buy the altcoin. so stay with bitcoin is the good things for me right now.
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Of course, nowadays, a very unstable time on the crypto market and altcoins are getting cheaper in relation to Bitcoin. Even such coins as Ethereum, Dash, Zcash, EOS fell in relation to Bitcoin. Therefore, I believe that the best option for investment now is Bitcoin.
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If you look at the fact that the dominance of Bitcoin grew in 2018, this means that the financial mass has moved from altcoins to Bitcoin. Therefore, it becomes clear that it is now better to invest in Bitcoin than in altcoins. For those people who bought Bitcoin for $10-19 thousand now the price is very bad and selling coins is not profitable, but for new investors the price of $6300 is very attractive and now everyone has the opportunity to invest in Bitcoin in the future to get the maximum profit. I believe that the price of $6 thousand is the bottom of Bitcoin and now you can buy more coins.
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Both bitcoin and altcoins are likely the same when it comes to the status of the market because until now crypto market is still very weak and we dont know yet when it recovers back so investing on it may be risky consideing that even popular an known profitable coins are dropping so bad.
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Choosing bitcoin and altcoins is the best thing because they are good to have profit if ever the market bounce back again. Feel free to have some of them and save or hold until such time of bull run.
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The other thing to be aware of is institutional investment. Blockchain technology is starting to have some real-life applications, and as more and more companies realise that, we’re starting to see money flowing from big business into cryptocurrencies such as Bitcoin.
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In my opinion, now is the right time to buy Bitcoin and Altcoin, because in the world of Cryptocurrency if the price of Bitcoin rises, the altcoin will also rise
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I still choose bitcoin in investments. It is a good idea to invest while the price is low.
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As Bitcoin keep climbing and altcoin keeps going down, is it better to invest in bitcoin or altcoin now?
I will say it depends on the Altcoin in question, there are several altcoins that will give more profit than Bitcoin, it will only take some deep down research to figure them out though.
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I am still confused myself, bro. because after I visited a lot of crypto market sites. and all the prices do not have a good and friendly price chart movement with our wishes, bro.
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I prefer bitoin because bitcoin has a strong market and is an old coin and becomes a benchmark in altcoin so if I invest I would prefer bitcoin as my digital currency asset
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I prefer investing in altcoins because I do not have the luxury to invest in bitcoins with the little money I have.
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I think it's better altc even though we know altc is very cheap and I believe that the altc will improve in 2019
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People state that to invest in more coins is better than only a single coins only. It means you are better to invest both in bitcoin and altcoins. I suggest to follow what most people advice, just invest in both of them.
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The surge of new money entering the market is a testament to the rising popularity of Cryptocurrencies. Aside from Bitcoin and Ethereum, there are more than 1,200 coins and tokens to choose from.