Post
Topic
Board Trading Discussion
Re: Bitcoin or Altcoin
by
mauriek
on 21/04/2018, 06:42:30 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 ?
For me if you prefer long term investment I suggest you have to hold Bitcoin it is already tested how resilient bitcoin is so many bearish market have passed but still Bitcoin able to survive.  for alt coins the return is more higher to bitcoin but the risk is also higher and its prices still depend on bitcoin price.
Yeah I agree with you that Bitcoin is suitable for long-term investment, it's because the price of Bitcoin surely will be increased every years, and if we have more time to monitoring the market I think Altcoin is the best choice to trade short time.