Post
Topic
Board Bitcoin Discussion
Re: Satoshis or lots of alts
by
Kemarit
on 21/09/2018, 10:26:57 UTC
So often these days we see people complaining about the price of bitcoin and how they missed the train. And they choose to go for alts and speculations with lower value and lower market cap.

Which matters most, Quality or Quantity?

Not complaining about the price. Who are those people complaining btw? Newbie investors?

You can invest in bitcoin with very little money, and you'd be getting a quantity of satoshis. That same amount could give you loads of cheaper coins.
Bitcoin is unlikely to suddenly jump and go 2 or 3X but it's a stable currency and a valid investments for the long-term.
The lower alts and speculations are cheaper and with their low market cap they can easily jump in price. But they are less stable and prone to sharp drops. Unsuitable for long term investments.

I think a few satoshis is a better buy when you have limited capital. Or you could go for cheaper coins high on the rankings on CMC. This gives you stability.
You can also risk a small percent of your capital in speculations and ICOs. And try making profits from trading.
Be flexible on cryptocurrency and always note that your priority is protecting your investments and then maximizing profits.

Have you noticed that altcoins have suffered worst than bitcoin? Ethereum alone has dropped 85% from its all-time-high and the price continues to plummet. Shitcoins has nothing to offer because they don't have real usage and no fundamentals to back them up. They are purely for dump-and-dump scheme and you will be trap along the way. ICO's? Nah, mostly are scams, I would rather stick to bitcoin market now, price seems to be stable and few spikes to get some profit if you are flexible and knows how to day trade. If you lack experienced day trading, then just purchase them and hold for long term. Don't make things complicated for you.