Quote from: pedrillo0 on Today at 06:25:38 PM

Quote from: Magicalking on July 03, 2021, 02:48:08 PM

I heard about Bitcoin and ethereum around the same time. Bitcoin was I believe around $15k and ETH was below $200. I couldn't afford to buy 1btc so I didn't buy any and I didn't buy ethereum because I believed Bitcoin was the only genuine crypto currency to buy. But since my discovery of this forum I have found members who believe different. Looking back I see I have lost on both fronts and wasted an opportunity. So my question is this which is more important factor to consider before buying a coin, do you buy because of the technology of the project and what it has to offer, the utility of the token or the news?

Bitcoin is more like a precious asset, it is digital gold. It does not have what the innovative Ethereum is, such as smart contracts, the creation of tokens, decentralized applications (Dapps) and the (POS) that it will very soon have.
To invest in a cryptocurrency there must be innovation, uses in real life, developments, a verified team and partners.

But having a very specific focus on a particular niche can also be similar to a feature so to say. Bitcoin due to its focus on being digital gold for now is better at being digital gold than any other cryptocurrency out there in the moment. Ethereum may be a good investment, but it is meant to be used for a lot of other purposes as well. As a passive income stream as well of course once the whole staking functionality goes live.