Invest in bitcoin or altcoins? - Page 2 - Crypto World - CryptoTalk.Org Jump to content
CarlosGM

Invest in bitcoin or altcoins?

Recommended Posts

2 hours ago, Jorge95950 said:

Eventually today it is difficult to acquire a bitcoin in its entirety, that is why most people have obtained by investing in altcoins that can vary a lot in price and you never know if they will at least have a good price, but today in day they are the most accessible cryptocurrencies for most of the people.

They are also a new currency called yobit and it is becoming very strong
  • +2 1

Share this post


Link to post
Share on other sites
2 hours ago, CarlosGM said:

Every person who enters the world of cryptocurrencies has the following doubt: is it better to invest in Bitcoin or in altcoins?
The simplest answer would be to invest in Bitcoin because it is the safest crypto in the entire ecosystem. But the problem is that the price of Bitcoin has already reached prices of thousands of dollars, specifically 20,000 dollars, so that makes many individual investors do not have enough capital to obtain 1 coin.
Having this problem are the altcoins or alternative currencies that have a different technology than Bitcoin but have the potential to grow a lot. that way there are coins that are worth 10 cents of a dollar, 1 dollar or up to 10 dollars which opens the doors for many people to invest in those currencies and achieve good returns.

If it is true but another point that is not necessary to obtain 1 full BTC, it is enough that you save a small portion of your monthly income to accumulate bitcoin. each person grows differently, you don't want to do what others do, it's my point of view.

  • +1 1

Share this post


Link to post
Share on other sites
15 minutes ago, CoinFree said:

It is something that requires the ability to take risks

When bitcoin fell to 5K at the beginning of the pandemic it was the perfect time to invest

bitcoin is quite unstable and paying to see gains on the rises you have to have a lot of money, for me it is just a reference

this something better is called yobit a safe and profitable platform for all its users
  • +2 1

Share this post


Link to post
Share on other sites
1 hour ago, Prince90 said:

In my opinion it all depends on the situation. In the early months of the year the crypto currencies rates fell down drastically and bitcoin came down to under 5k us dollar. In that time i investee in bitcoin and today its worth has gone passed over 10k us dollar. So right now if i would invest in crypto assets i would go for altcoins like ethereum , TRX tron and steem these altcoin have potential to grow big in the near future.

First you would have to talk about the security because you can invest your capital in any of these projects but rest assured that with a man who commits the price that costs them so much to rise for years can plummet in just one day. in short all this is very risky

  • +1 1

Share this post


Link to post
Share on other sites
All altcoins are subject to the price of bitcoin, now cryptocurrencies as such are the most volatile asset that exists can change in price from one moment to another and that makes it attractive for many people since if you can foresee that change in some way you can make lots of money; I think that altcoins is the most popular alternative because it has a lower cost in addition to the fact that the market for buying and selling altcoins for btc is easier to handle
  • +3 1

Share this post


Link to post
Share on other sites
34 minutes ago, CoinFree said:

When a project is new and attracts attention, it is always better to investigate it a little, for example the boom of the DeFis seems like a bubble to me.

that is why I recommend using yobit, it is a secure platform
  • -1 1

Share this post


Link to post
Share on other sites
20 minutes ago, SatoshiGames72 said:

First you would have to talk about the security because you can invest your capital in any of these projects but rest assured that with a man who commits the price that costs them so much to rise for years can plummet in just one day. in short all this is very risky

keep your digital money safe with yobit is a secure platform
  • -1 1

Share this post


Link to post
Share on other sites

Even though Bitcoin leads the pack when it comes to the number of traders using it at the moment, this also doesn't necessarily make it the most 'usable' cryptocurrency, at least not when considering its inherent technical properties.

  • +1 1

Share this post


Link to post
Share on other sites

It's true, many people preferably invest in BTC. But there are many cryptos that have been taking an incredible value, that is why you always have to be up to date in the world of cryptos. Not only is BTC, there are thousands of cryptos that they can have and will have an amazing value. Greetings and blessings

  • +2 1

Share this post


Link to post
Share on other sites
47 minutes ago, CoinFree said:

It is something that requires the ability to take risks

When bitcoin fell to 5K at the beginning of the pandemic it was the perfect time to invest

bitcoin is quite unstable and paying to see gains on the rises you have to have a lot of money, for me it is just a reference

we have to use yobit is safer
  • -2 1

Share this post


Link to post
Share on other sites
5 minutes ago, Mps84 said:

A pesar de que Bitcoin lidera el grupo en lo que respecta a la cantidad de comerciantes que lo usan en este momento, esto tampoco la convierte necesariamente en la criptomoneda más 'utilizable', al menos no si se consideran sus propiedades técnicas inherentes.

You are right, lately with the DeFi scheme, coins that have surpassed Bitcoin in value have come to light, and they create the interest to invest in them, it is only a matter of looking closely at these types of projects, because they can be managed prices.

 

Bitcoin reflects authority and base pillar in the field of the market, however lately it has been super unstable, thus giving rise to the aforementioned, losing position.

  • +3 1

Share this post


Link to post
Share on other sites
1 hour ago, Pmhieu111 said:

Bitcoin currently has too high a capitalless margins, but the hesitation is not over.

 

it is better to use the yobit platform, it is more stable

31 minutes ago, LeonardoG92 said:

You are right, lately with the DeFi scheme, coins that have surpassed Bitcoin in value have come to light, and they create the interest to invest in them, it is only a matter of looking closely at these types of projects, because they can be managed prices.

 

Bitcoin reflects authority and base pillar in the field of the market, however lately it has been super unstable, thus giving rise to the aforementioned, losing position.

 

we must use yobit is a better recommended platform

 

we must use yobit is a better recommended platform

35 minutes ago, azahar001 said:

The development of these altcoins has been fueled by the success of Bitcoin and its open source architecture. These are built from branches or "forks" of the source code of this.Each altcoin is implemented from its own blockchain ...

yobit in my opinion is the best option we have gives us greater security
  • +2 1

Share this post


Link to post
Share on other sites

In my opinion, you have to combine both options. Bitcoin is the main value of DeFi world and it has a great future. At the same time, you can earn more money is a short-term perspective using altcoins. However, this strategy contains high risks and some altcoins are just scam. So, you have to consider this before investing in altcoins.

  • +2 1

Share this post


Link to post
Share on other sites

alt coins high reward but u should include the risk factor of going -100%

  • -2 1

Share this post


Link to post
Share on other sites

Yeah,I invest in bitcoin many times. at present,I also investing in bitcoin. I invest in altcoins more than ten times . both are great. Other coin value is also great at present. 

  • -1 1

Share this post


Link to post
Share on other sites

Инвестировать лучше в биткоин, при условии= забыть о этих монетах на пять - десять лет. А альткоины надо вертеть на скачках цен. причем очень активно.

  • -2 1
  • -1 1

Share this post


Link to post
Share on other sites

yes many altcoins has potential chance right now to grow every one have to figure those coin by him or her self which coins price low now and which coins high demand then can make decision

  • +1 1

Share this post


Link to post
Share on other sites

In the world of cryptocurrencies, the best investment that can be made is in Bitcoin, as long as, as you say, they are large investors, for small investors there are altcoins in effect the price of these is highly influenced by the price of Bitcoin without However, they have a much lower volatility than that of Bitcoin, for example Dash and Litecoin are coins that remain in stable bands without unexpected upward or downward trends, although these are just two examples, there are many more if what you want is to invest their native currencies. in digital currencies considered as a recommendation to do it in altcoins

  • +1 1
  • +3 2

Share this post


Link to post
Share on other sites

I think as a beginner, you should based your income in the currency of dollars because it works to me pretty well but I don't know about you. However, the best thing to do is aside from bitcoin, you should seek for another digital coin that could give you a promising profit. In this case, you would not be giving yourself a problem of worrying too much to the price range of bitcoin or other altcoins that are available because it could give you an alternative option to what you should focus to become your source of primary asset that you wanted to have.

  • +2 1
  • +3 1
  • +4 1

Share this post


Link to post
Share on other sites

I think that just Bitcoin is the largest cryptocurrency and has huge liquidity doesn't mean You should invest all the money there. You have to remember that you need to diversify your portfolio in order to minimize  risks. So either bitcoin or altcoins could be great investment. Good luck!

 

Edited by Bloodyworld
  • +2 1

Share this post


Link to post
Share on other sites

What you say is correct, it should also be taken into account that some altcoins do not end up as successful in their price, and that is another risk when investing in other currencies, The fear includes being stagnant or losing, since it has happened to many when investing in altcoins without knowing them.

  • +3 1

Share this post


Link to post
Share on other sites

I think for long-term investment it is certainly very good to choose Bitcoin, but for the short term it's better to invest in Altcoin. Because Alt season will come more often than Bitcoin season.

  • +1 1

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • LetsExchange has listed DYDX LetsExchange, a go-to crypto exchange hub supporting over 4,500 cryptocurrencies, has added DYDX, the L1 protocol token for the dYdX Chain, to its list of supported cryptocurrencies. The ethDYDX token is also available for swaps on LetsExchange.io.   The crypto community can now swap DYDX on  mainnet and on the Ethereum blockchain to thousands of other cryptocurrencies using the widget on the LetsExchange website. DYDX is also available for trading on platforms and apps that integrate crypto swap functionality powered by LetsExchange.   The platform also supports direct cross-chain swaps between mainnet DYDX and ethDYDX.   When swapping DYDX with LetsExchange, users have the flexibility to do it at either market or fixed rates. Opting for the market rate ensures the best exchange rate among over 20 liquidity providers connected to LetsExchange, maximizing gains when exchanging DYDX for another cryptocurrency.   Alternatively, for those preferring stability amidst market fluctuations, the fixed rate option locks in the initially quoted rate until the swap is finished, shielding the swap from unexpected changes. Alex J., Chief Product Officer (CPO) at LetsExchange, commented: “We are confident that our customers will embrace the addition of the DYDX to our listing, broadening the avenues for lucrative trades and investments. We also expect to expand our collaboration with dYdX in the future.”   dYdX is a leading decentralized exchange (DEX) supporting perpetual trading. dYdX has officially released dYdX Chain, its Cosmos-based appchain. dYdX Chain is a fully open-sourced and audited appchain that can handle up to 2,000 transactions per second (TPS). It is also fully decentralized, meaning that dYdX Trading will not manage the infrastructure behind the chain or earn trading fee revenue. The chain's operations and deployment will be entrusted to the dYdX governance community.   LetsExchange is an industry-leading exchange platform that supports over 4,500 coins and tokens, the biggest number of assets in the market. Along with crypto-to-crypto swaps, users can benefit from DEX and on-ramp/off-ramp functionalities. LetsExchange’s partners can integrate crypto-to-crypto swap functionality through API. DEX and Buy/Sell functionalities are also available through adjustable exchange widgets and Telegram bots.
    • VPS сервера от 6$ Выделеные сервера от 54$ Сервера с GPU от 300$ с полным списком услуг можно ознакомится на нашем сайте DEDIONE-Available Servers наши контакты: TG: https://t.me/Alffi_Solomons подписывайтесь на наш канал переодически добавляем сервера с большими скидками или совершенно бесплатно. ссылка на канал https://t.me/+u1QBackNiKZjYWVk
    • Выгодный курс и широкий выбор криптовалют, а также банковских систем это как раз то, что необходимо для успешного обмена. Уже делал в направлении юсдт - Сбер все отлично прошло и по времени обработки заявки и по курсу обмена. Планирую взять обменник для постоянного пользования.  Кстати интересная возможность по обналичиванию крипты на наличные, надеюсь список городов еще больше расширят со временем, и я увижу свой)) минимальные суммы очень даже дступные плюс опять же курс для кеша довольно привлекательный.
    • Всем доброго времени суток, пару лет сюда не заходил, CryptoTalk UID отключен, а на балансе висит 0.0009 битка, которые не могу забрать. Как подключить CryptoTalk UID обратно? Или тема уже все? 
    • Приветствуем всех форумчан! CryptoStrix был добавлен на мониторинг exchangesumo.com Все направления можно посмотреть тут. С уважением, Команда CryptoStrix
    • CryptoNews of the Week     – The first cryptocurrency has once again risen above the $70,000 mark. The Hash Ribbons indicator is giving an “optimal signal” for buying digital gold in the coming weeks, suggesting a resumption of the asset’s rally, according to Capriole Investments founder Charles Edwards. The metric indicates miner capitulation that began two weeks ago, a period when the 30-day moving average hash rate falls below the 60-day average. Edwards notes that miner capitulation occurs approximately once a year, usually linked to shutdowns, bankruptcies, acquisitions, or halving events. The recent miner capitulation was observed in 2023 when bitcoin traded around $20,000. If a new growth impulse occurs, the next medium-term target will be $100,000. However, entering the traditionally quiet summer financial market could delay this upward momentum, Edwards warns.   – The analyst known as Rekt Capital believes that to enter a “parabolic growth phase,” digital gold will need to confidently overcome the resistance zone of $72,000-$73,000. Popular cryptocurrency expert Ali Martinez predicts that BTC will likely test the price range of $79,600. The Artificial Intelligence tool PricePredictions has determined that in the coming days, bitcoin could not only firmly consolidate above the crucial $70,000 mark but also continue to rise, reaching $75,245 by the end of June. This forecast is based on technical analysis indicators such as the Relative Strength Index (RSI), Bollinger Bands (BB), and Moving Average Convergence Divergence (MACD).   – On 2 June, Dogecoin token graphic designer known as DogeDesigner discovered a live stream on YouTube featuring a deepfake of Tesla and SpaceX CEO Elon Musk promoting a cryptocurrency scam. The fake Musk offers users to scan a QR code on the screen leading to a giveaway site. "On the site, you can deposit any amount of bitcoin, Ethereum, and Dogecoin without any registration. Once you do, you'll receive double the amount of the deposited cryptocurrency," promises the fake entrepreneur. The scammers' channel closely resembles the official Tesla page and even has nearly 15,000 subscribers, while the original has 2.65 million.   – Venture investor Chamath Palihapitiya discussed one pathway for the mass adoption of bitcoin on the All-In podcast, predicting its price could rise to $500,000. The billionaire explained that the “powerful concept” of digital gold adoption was elucidated to him by Xapo CEO Wences Casares, an Argentine entrepreneur in venture investment. Casares believes more countries will notice bitcoin while retaining their national currencies, effectively becoming dual-currency nations. One asset will be used for transactions with everyday goods and services, while the other – cryptocurrency – will act as a store of value. The United States could be among the first to follow this path, according to the entrepreneur.  Palihapitiya also noted that Casares suggested analysing bitcoin dynamics after halvings. The investor observed that the cryptocurrency's highest growth occurred 12-18 months post-event. Palihapitiya predicts that if the growth trajectory following the third halving repeats, bitcoin's price could reach $500,000 by October 2025. Taking the average of the last two cycles, the price target could be $1.14 million.   – According to a recent Harris Poll, geopolitical tension and inflation are prompting an increasing number of American voters to turn to bitcoin. The poll, sponsored by BTC-ETF issuer Grayscale, revealed that one in three U.S. voters will consider a Presidential candidate’s stance on cryptocurrencies before casting their vote. The survey polled over 1,700 potential U.S. voters, 77% of whom believe Presidential candidates should have at least some understanding of cryptocurrencies. Additionally, 47% of respondents plan to include cryptocurrency in their investment portfolios, up from 40% last year. Notably, following the approval of BTC-ETF, 9% of elderly voters also reported increased interest in investing in bitcoin or other crypto assets.   – The founder of the world's largest cryptocurrency exchange, Binance, Changpeng Zhao, has entered a federal high-security prison in California, where he will spend the next four months. The crypto community quickly expressed support for the former Binance CEO. A Reddit user, Ilsemprelaziale, commented that Zhao's imprisonment is a step to protect the crypto exchange and the entire industry from potential risks. "If the FTX collapse hit cryptocurrency hard, just imagine what would happen if Binance fell. But he pleaded guilty and stepped down as CEO," Ilsemprelaziale wrote.  After the sentencing, Changpeng Zhao shared plans for his post-prison life, stating he will continue to be actively involved in the crypto community. For instance, the former Binance head plans to engage in passive investing using his existing crypto assets.   – Mexican billionaire Ricardo Salinas urged his followers to buy bitcoin to protect against the devaluation of national currencies and preserve their savings. The owner of Salinas Group, whose wealth is estimated at over $14 billion, cited the fall of the Nigerian naira as an example.  Currently, Nigeria's official currency is experiencing a difficult period, prompting the local government to take several stabilization measures. The country's authorities have also tightened their stance on cryptocurrency companies – in March, the Nigerian Securities and Exchange Commission proposed increasing the registration fee by 400%. The head of Binance’s Financial Crimes Compliance unit, Tigran Gambaryan, is still imprisoned in Nigeria on charges of tax evasion.   – The crypto wallets of well-known personalities have long attracted the attention of curious community members. One of the largest holders of cryptocurrency, as it turns out, is the founder of Tron, Justin Sun, who, according to Arkham Intelligence, owns crypto assets worth $1.03 billion. His largest reserves are in USDD stablecoins, valued at $276 million. Additionally, Arkham calculated that he holds $240 million in TRX and about $100 million in BTC.  The wealth of Ethereum co-founder Vitalik Buterin is estimated to be a comparable amount at $935 million, with most of his holdings in ETH, valued at over $930 million. Pop stars' holdings are significantly smaller. For example, singer Justin Bieber owns ETH tokens worth about $575,000. Socialite Paris Hilton has digital assets worth only $53,000.   – Tether (USDT stablecoins) co-founder, former actor, and 2020 U.S. presidential candidate Brock Pierce is confident that Chinese authorities will lift the cryptocurrency ban. “Will China become open to cryptocurrencies? I can say it's inevitable. The main question is not whether it will happen, but when it will happen,” he stated.  In 2021, the Chinese government included the trading and mining of digital assets in the list of illegal activities. However, a grey crypto market has developed in the country. Pierce believes Hong Kong could become China’s cryptocurrency trading hub. However, this is not currently the case, as the Securities and Futures Commission (SFC) of this administrative region of China has prohibited local companies from providing digital asset services to mainland China residents. As a result, many firms have withdrawn their applications for virtual currency trading licenses submitted to the SFC.   – CEO of investment company Galaxy Digital, Mike Novogratz, predicted which crypto asset could become a serious contender for launching new cryptocurrency exchange-traded funds (ETFs) in the U.S. Over the past year, the most impressive results were shown by the cryptocurrency Solana. At the end of 2023, SOL was trading around $21, but by March 2024, it had exceeded $200, showing nearly tenfold growth. Currently, SOL is valued at around $172 and ranks among the top five cryptocurrencies by market capitalization. Given Solana's current status, Novogratz is confident that this altcoin has every chance to be included in the pool of spot ETFs. Recently, Brian Kelly, CEO of investment company BKCM, expressed a similar view.  Responding to Novogratz, the crypto enthusiast known as Digital Asset Investor suggested that SOL's price increase was due to the collapse of the FTX crypto exchange in autumn 2022 and “too many connections with the authorities.”  Notice: These materials should not be deemed a recommendation for investment or guidance for working on financial markets: they are for informative purposes only. Trading on financial markets is risky and can lead to a loss of money deposited.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/
    • НОВИНКА: Вчера ETF получили приток $886 млн, это 16-й день подряд. Обменять эту и другие криптовалюты вы можете на нашем обменнике cryptonet.pro
    • Мы обмениваем валюту по выгодному курсу, позволяем получить качественное обслуживание и представляем удобный интерфейс. Проводите обмены через наш сервис и убедитесь сами в его преимуществах.
×
×
  • Create New...