Post
Topic
Board Bitcoin Discussion
Re: Small Investors are losing Bitcoin by Investing in Altcoins?
by
carlfebz2
on 17/05/2020, 21:27:46 UTC
Read this post and its true how small investor are losing bitcoin by investing in other coins.


You can buy 8000 tokens in 1 USD when price of bitcoin is 8000 USD but if bitcoin price will rise to 16000 USD then you can buy 16000 tokens in same price. Now all token price does not move according to BTC price,it will drop 20-30% without any sign of drop, but when you will compare with bitcoin you will find that you are in loss.

If you do just try to compare their value in the first place then its no brainer on which one you would gonna choose.Yes, it might not give you the best multiplier in terms of profit out there but you are at least confident
that you are dealing with something established than risking out on a questionable or non assured shit coins in the market.Of course, alts wont really have that correlation of bitcoins price from time to time and we have seen it over the years that it would either go along side or would be stagnant or would go to the opposite side thats why it would really be just a gamble-like when considering on putting investment on alts,
im not saying its bad but we know that diversifying is always been a good option.