Post
Topic
Board Trading Discussion
Re: Bitcoin or altcoin, which is better to invest into now?
by
mx667
on 30/10/2017, 02:40:37 UTC
As Bitcoin keep climbing and altcoin keeps going down, is it better to invest in bitcoin or altcoin now?

It is always better to invest in bitcoin because its price is always known. While in altcoin, your investment is like gambling, which you need to be lucky to gain more. Also bitcoin will be the basis of the price of altcoin so if you have the chance to in bitcoin , choose bitcoin first. That is why it is altcoin, it is alternative for the main thing, if situations does not favor for bitcoin, then try it.

Of course Bitcoin is always the best. Bitcoin is the best first cryptocurrency and the price is always up. We do not know about Altcoin because there is no Altcoin like Bitcoin. We also know about the Altcoin price whether it will go up like Bitcoin or not. But we can invest in other ways to Altcoin.

We can start mining Altcoin because Altcoin mining is still profitable and easier than Bitcoin. Basically, the price of each cryptocurrency always rises except for Dogecoin. But we also have to know the risks and learn everything by doing various research.