Better to Buy Bitcoin or Altcoins Right Now?
With more blood in the crypto markets today, I thought it would be worth exploring whether now is the time to be investing in Bitcoin VS other altcoins.
Let me know what you think!
DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make.
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I think, maybe to have both btc and altcoins. Yes btc nowadays is like a jerk jumping up & down but the thing is, most of the altcoins were just dependent on btc's performance on the market. As you notice, when btc drops - there will be a bloodbath in the market of at least 90% of altcoins plunges down. But when btc rises then eveeything follows.
So i think, better to have both btc and some selected altcoins. What do yah think?
agreed too, good to have a mix of different projects in your portfolio,
often I see alts drop against btc when it rises but stay static with USD... sometimes they drop a little against USD
I think STEEM is the best buy right now
I prefer buy some alts as Neo, Wanchain, Cardano, Icx or Ethos because i find a better probabilty to make a 3x with them that bitcoin does a 3x. Regards
I have learned the importance of Bitcoin the hard way. Here is what I am targeting for my next bull run:
Alt coins have always been a risky business but we assume that bad won't happen to us until it actually happens. So I am keeping my ears to the ground this time and consolidate like crazy. In any case I am leaning towards Bitcoin, EOS and Ethereum.
A great point out here to ponder on, but, I guess I'm just to familiar with bitcoin and I know is just a worthwhile coin to invest on now once is a known coin from onset compare to altcoins and some other coins. But I still want to conclude by saying it all depends on the risk level.
It’s definitely great to be diversified, but you made a point. At the end most of altcoins won’t survive. That’s why we should be invested at some point in bitcoin, ETH or other safer coins with more history. I do believe as well now is a very good time to add to your portfolio. Definitely much better than it was at the top. When it comes to altcoins giving better ROI based on history one thing I’ve learned from any markets. It’s unpredictable! Just because it happened, doesn’t mean it repeats itself again. You mentioned ETF’s coming to stock market. That’s right, I even heard Coinbase will launch their ETF as well.
You're right, this is where intelligent people takes action whether or not they want invest, but the truth is these reds in the market Iscariot chance being offered by people on a gold platter. Bitcoin and STEEM will always remains potentials for the future.
The panick though hasn't given people THW foresight to see right through, but if bitcoin was always high and never dipped, then how can people ever invest? A wise man's thinking.
Forex is much faster than cryptocurrencies in terms of making quick profits.
Make $700 in next few hours how?
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Bitcoin is the true king. My first investing choice is always bitcoin but other altcoins also be profitable like steem, eos, doge, litecoin gives us a lot of profits. It's the best time to invest in bitcoin. Happy investing♥️
I agree BTC will always be top, as its the most decentralized and most true
I believe institutional investors are eager to invest in crypto. I also believe they are waiting for weak hands to finaly give up. Investing in altcoins could be very profitable, even more than investing in bitcoin itself, but don’t forget about the volatility it brings. Most investors sell before it actually starts being profitable just because of its volatility. As you mentioned, it’s all about where your mind is set. If you thing long therm, you should be fine. But if you thing at the moment you make a purchase it must start making profits immediately and instead it turns against you, in most cases you panic and eventually sell for loss. That’s what we are seing now. Disappointed short therm investors are selling.
I prefer altcoins. I think Bitcoin is behaving like a bitch and will continue to.
I have my eyes on neo, stellar, steem and tron