Post
Topic
Board Trading Discussion
Re: Bitcoin or Altcoin
by
Dwarf42
on 28/03/2018, 23:39:32 UTC
I am sure everyone is aware about the rise of altcoins like ETH and Litecoin so I just want to know expert's opinion whether to invest in bitcoin or altcoins as the price of bitcoin is too high now for an individual to invest into it ? Do you think these altcoins will survive and pump just like bitcoin or its better to stick to bitcoin ?
I think bitcoin is a much safer option at this time, bitcoin and altcoin prices are constantly adjusting in the past few days. So if you invest in altcoin and fail while the bitcoin price is decreasing then you will suffer double losses, the losses will be much larger than the bitcoin trade but lost. Therefore, bitcoin is the safest choice and the lowest risk at the moment. The market is constantly fluctuating so you need to have specific plans before you intend to invest in order to be able to handle all possible situations.