Post
Topic
Board Speculation (Altcoins)
Re: Bitcoin or Altcoins? Which is safer or more profitable?
by
Gheka
on 11/04/2018, 15:02:42 UTC
Long Term: Bitcoins
Short Term: Altcoins

Bitcoins is the first cryptocurrency, and that makes it the most trusted and used amongst all the other altcoins, so its the most safe to get hold of. However, since the price is so high right now, don't expect it to increase tenfold in the next few years as it would be a little unrealistic, but possible though.

Altcoins, or Initial Coin Offerings (ICO), can have potential if researched upon, which makes it more profitable, however, there are many scamcoins revolving about ICOs and altcoins, making it more risky than having Bitcoin.

It is up to you, but if you are new to BTC, I suggest getting some Bitcoin first. Smiley

I agree with this. The most safest coin to invest is bitcoin because of its popularity and being the pioneer of all coins, it has been through many situations but still survive. ICOs short term investment is right though. There are some news stated that some ICO is just doing good for a month and later on little by little they escape. If you invest here in short term then it is just safer than other.
Ico has too many risks around although I know that this field can earn profits terrible but I still do not dare to participate, it is similar to gambling, losing money will be permanent and never go back. I prefer to invest in bitcoin or altcoin but mostly I choose altcoin because some altcoin can say is very stable, safe and its value increases over time, Bitcoin is also good but I do not have money to buy too much, so the profit is also quite low, choosing bitcoin can hardly grow my capital quickly, altcoin is more reasonable