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RE: 🗞 Daily Crypto News, December 8th💰

in #bitcoin7 years ago

Wont it be profitable to convert crypto into some currency with lower market capacity????????? bitcoins are making so mucg progress right now all for what coz it has only 21 million market cap max... if u invest into something into even lower market cap then today or tomorrow u can make way more money...plus bitcoin mining is becomng so expensive now that unfortunately people will lose interest i think investing into btc wont be the best option u hv right nw

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I wouldn't say more profitable to invest in alt coins over bitcoin because there seems to be more volatility with them (even though investing in bitcoin is pretty much akin to betting). It's the same as saying it's more profitable to buy a 1million dollar lotto ticket over a 100 dollar scratchie, even though the %ROI could be higher on the lotto ticket it is less likely to HAPPEN. Guess the answer is having a diverse portfolio!

Thank you for the comment @mvrr007
There is a move currently from BTC to Altcoins. I cannot predict if it will last.

thats a nice thinking to make the peoples updated about the new stuff and updates about the crypto world.This will helps in clear their understanding.The crypto Currency is growing very fastly day by day.

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